AGAPE LAKE FOREST INC (EIN 460913157) - 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

MICHAEL R GOODWIN

Phone

4024441630

Tax Period

2018-01-01 to 2018-12-31

AGAPE LAKE FOREST INC, founded in 2012, is a mid-sized nonprofit that reported $15.7M in total revenue in fiscal year 2018. Revenue surged 563% from the prior year, signaling strong growth momentum. The organization ran a surplus of $12.0M, a strong 76% operating margin.

Mission

AGAPE LAKE FOREST, INC HAS BEEN FORMED FOR THE EXEMPT PURPOSE OF OWNING AND OPERATING AFFORDABLE HOUSING FOR LOW AND MODERATE INCOME INDIVIDUALS AND FAMILIES.

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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 (2018)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $1,908,666

Investment Income $13,792,192

Other Revenue $0

TOTAL REVENUE $15,700,858

Expense Breakdown

Grants Paid $0

Salaries & Benefits $206,930

Fundraising Expenses $0

Program Expenses $3,639,200

Other Expenses $3,535,242

TOTAL EXPENSES $3,742,172

Year-over-Year Comparison

	2018	2017	Change
Revenue	$15,700,858	$2,367,253	+5.6%
Expenses	$3,742,172	$2,848,486	+0.3%
Net Income	$11,958,686	$-481,233	-25.9%

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

N/A

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
JOANNE L WOODBURY	XCBDF	0.10	Director	$0	$0	$0
MICHAEL R GOODWIN	PRESIDENT	2.00	Officer	$0	$0	$0
RICKY MORALES	SECRETARY/TREASURER	0.10	Officer	$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
2018	$15,700,858	$3,742,172	No data	$11,958,686

AGAPE LAKE FOREST INC