Lake County Veterans and Family Services

EIN: 454739957 501(c)(3) Public & Societal Benefit

Crystal Lake, IL

Total Revenue
$184,286
Total Expenses
$174,868
Total Assets
$408,033
Net Assets
$364,594
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2012
Legal Domicile
IL
Principal Officer
Chris Stride
Phone
8479864622
Tax Period
2024-01-01 to 2024-12-31

Lake County Veterans and Family Services, founded in 2012, is a small nonprofit in the Public & Societal Benefit sector that reported $184K in total revenue in fiscal year 2024. Revenue fell 23% from the prior year — a significant decline worth monitoring. Expenses of $175K left a modest 5% surplus.

Mission

Connect service members families with each other with the benefits resources they earned deserve through professionally trained Veteran Peer Specialists, free confidentially, regardless of discharge status

Program Service Accomplishments

Program 1
Expenses: $4,804

The Drop-In Center is the home base of operations. The Drop-In Center provides a safe place for Veterans and their families to meet and receive help from other Veterans and from Peer Support...

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The Drop-In Center is the home base of operations. The Drop-In Center provides a safe place for Veterans and their families to meet and receive help from other Veterans and from Peer Support Specialists. Social enrichment programs such as equine therapy, family outings, private fishing, art therapy, story telling, Black History month celebration MLK Day activities Highway Cleanup projects forest preserve cleanup Veterans History Project and four weekly Cup-A-Joes to promote Veteran social activities. All are offered to further support the quality of life for Veterans.

Program 2
Expenses: $31,469

The Vets in Need Program establishes a special financial assistance fund to provide discretionary financial assistance to any Veteran and/or current active duty Service Member and their families...

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The Vets in Need Program establishes a special financial assistance fund to provide discretionary financial assistance to any Veteran and/or current active duty Service Member and their families. Support provided includes food, shelter and other immediate necessities. Additionally in 2021, we started a Food Insecurity Program to distribute food, food cards, gas cards, pre-made meals, sundries, pizzas, cleaning products and cooking instruments to those service member families impacted by COVID pandemic. All support is distributed with our local partners who record every donation VA, DOD, IDVA, Veterans Closet, Catholic Charities, Kenosha VAC, and more.

Program 3
Expenses: $107,317

Other program activities - Public awareness The Ruck March is an annual fundraising event that serves the dual purpose to raise funds and to increase awareness to reduce Veteran suicide and to honor...

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Other program activities - Public awareness The Ruck March is an annual fundraising event that serves the dual purpose to raise funds and to increase awareness to reduce Veteran suicide and to honor all Veterans and Service Members lost to suicide. Organization staff also present programs to various associations and the general public.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $172,310
Program Service Revenue $0
Investment Income $15,467
Other Revenue $-3,491
TOTAL REVENUE $184,286

Expense Breakdown

Grants Paid $31,173
Salaries & Benefits $64,680
Fundraising Expenses $12,274
Program Expenses $143,590
Other Expenses $79,015
TOTAL EXPENSES $174,868

Year-over-Year Comparison

2024 2023 Change
Revenue $184,286 $237,987 -0.2%
Expenses $174,868 $235,545 -0.3%
Net Income $9,418 $2,442 +2.9%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Governance

Voting Members
4
Independent Members
4
Employees
3
Volunteers
5

Governance Policies

Conflict of Interest Policy
Whistleblower Policy
Document Retention Policy

Special Practices & Reported Activities

Operated a School
Operated a Hospital
Provided First Class Travel
Reported Conflict of Interest
Reported Asset Diversion
Excess Benefit Transaction
Made Political Expenditures
Engaged in Lobbying
Operated Donor Advised Fund
Maintained Art Collections
Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
2
$0
Total Directors
4
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Christopher Stride President 000.25
Officer Director
$0 $0 $0
MJ Hodgins Secretary 001.00
Officer Director
$0 $0 $0
Jeff Cercy Director 000.25
Director
$0 $0 $0
Stan McCracken Director 000.25
Director
$0 $0 $0
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2024 $184,286 $174,868 $408,033 $9,418
2023 $237,987 $235,545 $414,444 $2,442
2022 $232,641 $260,920 $338,591 $-28,279
2021 $312,607 $258,130 $399,142 $54,477
2020 $233,939 $177,481 $353,459 $56,458
2019 $234,517 $165,676 $262,968 $68,841
2018 $213,806 $154,602 $178,757 $59,204
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