LAKE MEAD CHRISTIAN MINISTRIES DEVELOPMENT INC

EIN: 472454261 501(c)(3) Religion

HENDERSON, NV

Total Revenue
$499,600
Total Expenses
$947,955
Total Assets
$10,172,138
Net Assets
$9,291,592
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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
2014
Legal Domicile
NV
Principal Officer
GAYLE SUE BLAKELEY
Phone
7025404124
Tax Period
2024-07-01 to 2025-06-30

LAKE MEAD CHRISTIAN MINISTRIES DEVELOPMENT INC, founded in 2014, is a small nonprofit in the Religion sector that reported $500K in total revenue in fiscal year 2024. Expenses of $948K exceeded revenue, resulting in a 90% operating deficit.

Mission

TO PERFORM THE FUNCTIONS OF, OR TO CARRY OUT THE PURPOSES OF, LAKE MEAD CHRISTIAN MINISTRIES.

Program Service Accomplishments

Program 1
Expenses: $659,669 Revenue: $499,600

OVERSEE THE DEVELOPMENT AND CONSTRUCTION OF THE EXPANDED CAMPUS FOR LAKE MEAD CHRISTIAN MINISTRIES.

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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 $0
Program Service Revenue $499,600
Investment Income $0
Other Revenue $0
TOTAL REVENUE $499,600

Expense Breakdown

Grants Paid $659,600
Salaries & Benefits $0
Fundraising Expenses $2
Program Expenses $659,669
Other Expenses $288,355
TOTAL EXPENSES $947,955

Year-over-Year Comparison

2024 2023 Change
Revenue $499,600 $499,750 0.0%
Expenses $947,955 $773,301 +0.2%
Net Income $-448,355 $-273,551 +0.6%
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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Governance

Voting Members
7
Independent Members
4
Employees
N/A
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
4
$168,417
Total Directors
7
$168,417
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
DORY SCOTT PRESIDENT 0.50
Officer Director
$0 $0 $0
MERLELYNN HARRIS VICE PRESIDE 0.50
Officer Director
$0 $0 $12,000
CATHERINE WINDHAM TREASURER 0.50
Officer Director
$0 $0 $29,944
GAYLE SUE BLAKELEY SECRETARY 0.50
Officer Director
$0 $2,837 $126,473
JASON K FRAME MEMBER 0.50
Director
$0 $0 $0
GIDGET BERG-GRAHAM MEMBER 0.50
Director
$0 $0 $0
TARA YOUNG MEMBER 0.50
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
2025 $499,600 $947,955 $10,172,138 $-448,355
2024 $499,750 $773,301 $9,739,947 $-273,551
2023 $499,600 $784,587 $10,013,548 $-284,987
2022 $499,600 $788,149 $10,298,535 $-288,549
2021 $11,552,971 $1,611,738 $10,590,915 $9,941,233
2020 $1,141,489 $1,542,779 $11,147,601 $-401,290
2019 $1,119,107 $1,544,659 $11,547,090 $-425,552
2018 $1,097,163 $1,511,347 $11,790,630 $-414,184
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