LAKESHORE BAND PARENTS INC (EIN 460693541) - Form 990 Financial Analysis & Trantor Score

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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year

2012

Legal Domicile

Principal Officer

KARLA HEYN

Phone

2694281402

Tax Period

2024-01-01 to 2024-12-31

LAKESHORE BAND PARENTS INC, founded in 2012, is a small nonprofit in the Education sector that reported $248K in total revenue in fiscal year 2024. Expenses of $229K left a modest 7% surplus.

Mission

ADVANCE EDUCATION THROUGH SUPPORT AND ASSISTANCE TO THE STUDENTS IN LOCAL BAND PROGRAM.

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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%)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $7,479

Program Service Revenue $161,712

Investment Income $0

Other Revenue $78,408

TOTAL REVENUE $247,599

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $227,175

Other Expenses $229,175

TOTAL EXPENSES $229,175

Year-over-Year Comparison

	2024	2023	Change
Revenue	$247,599	$255,463	0.0%
Expenses	$229,175	$295,122	-0.2%
Net Income	$18,424	$-39,659	-1.5%

Key Indicators

✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✗ Schedule B Required

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Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Governance

Voting Members

Independent Members

Employees

N/A

Volunteers

200

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
SANDRA HAYES	PRESIDENT	5.00	Officer Director	$0	$0	$0
LORI VONKOENIG	VICE-PRESIDENT	2.00	Officer Director	$0	$0	$0
KRISTEN ROE	SECRETARY	2.00	Officer Director	$0	$0	$0
KARLA HEYN	TREASURER	2.00	Officer Director	$0	$0	$0
MATTHEW PAGEL	DIRECTOR	2.00	Director	$0	$0	$0
CHRISTINA BAUMANN	DIRECTOR	2.00	Director	$0	$0	$0
CHRISTOPHER GRAPIS	DIRECTOR	2.00	Director	$0	$0	$0
ELLEN DUTTON	BOARD MEMBER	2.00	Director	$0	$0	$0
LANDON WOODS	BAND PARENT PRESIDENT	2.00	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	$247,599	$229,175	$87,766	$18,424
2023	$255,463	$295,122	$66,544	$-39,659
2022	$207,004	$224,796	$102,319	$-17,792
2021	$188,316	$233,876	$118,107	$-45,560
2021	$232,034	$181,019	$160,883	$51,015
2020	$317,957	$390,204	$113,455	$-72,247
2019	$196,954	$220,352	$182,500	$-23,398
2018	$546,417	$677,066	$203,443	$-130,649

LAKESHORE BAND PARENTS INC