LAKE WALES MINISTRIES INC

EIN: 475190723 501(c)(3) Housing & Shelter

DENVER, CO

Total Revenue
N/A
Total Expenses
N/A
Total Assets
N/A
Net Assets
N/A
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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
2015
Legal Domicile
FL
Principal Officer
MELISSA CLAYTON
Phone
3038303300
Tax Period
2021-01-01 to 2021-12-31

Mission

THE UNDERLYING PROPERTY WAS SOLD IN 2019. THE ORGANIZATION IS IN THE PROCESS OF WINDING DOWN.

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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 (2021)

Revenue Breakdown

Contributions & Grants $0
Program Service Revenue $0
Investment Income $0
Other Revenue $0
TOTAL REVENUE $0

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Other Expenses $0
TOTAL EXPENSES $0

Year-over-Year Comparison

2021 2020 Change
Revenue N/A $12,920 -1.0%
Expenses N/A $149 -1.0%
Net Income N/A $12,771 N/A
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

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Governance

Voting Members
5
Independent Members
N/A
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
5
$1,128,768
Total Directors
5
$976,572
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
BRUCE SAAB VICE PRESIDENT/DIRECTOR 1.00
Officer Director
$0 $17,330 $143,382
JOE ROSENBLUM SECRETARY/DIRECTOR 1.00
Officer Director
$0 $9,419 $214,182
KASSIDI BOENING VICE PRESIDENT/DIRECTOR 1.00
Officer Director
$0 $24,716 $151,807
MELISSA CLAYTON PRESIDENT/DIRECTOR 1.00
Officer Director
$0 $30,752 $252,538
RON JACKSON DIRECTOR 1.00
Director
$0 $24,284 $214,663
STEVE SPEARS TREASURER 1.00
Officer
$0 $33,560 $366,859
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
2021 No data No data No data No data
2020 $12,920 $149 No data $12,771
2019 $2,206,698 $947,911 $330,352 $1,258,787
2018 $829,075 $852,538 $3,277,157 $-23,463
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