LAKEVIEW VILLAGE INC (EIN 480689163) - Form 990 Financial Analysis & Trantor Score

🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Financial Trends

Organization Details

Formation Year

1963

Legal Domicile

Principal Officer

ROBERT I CLAUSEN JR

Phone

9138881900

Tax Period

2023-01-01 to 2023-12-31

LAKEVIEW VILLAGE INC, founded in 1963, is a mid-sized nonprofit in the Human Services sector that reported $54.3M in total revenue in fiscal year 2023. Revenue grew 9% year-over-year, indicating healthy expansion. Expenses of $52.3M left a modest 4% surplus.

Mission

TO STRENGTHEN THE LIVES OF OLDER ADULTS WITHIN A FAITH-BASED COMMUNITY.

🔒

Trantor Score

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

Sign in to view Trantor Score and financial metrics

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

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $1,082,080

Program Service Revenue $52,130,354

Investment Income $723,336

Other Revenue $371,692

TOTAL REVENUE $54,307,462

Expense Breakdown

Grants Paid $0

Salaries & Benefits $31,131,007

Fundraising Expenses $0

Program Expenses $46,896,434

Other Expenses $21,197,805

TOTAL EXPENSES $52,328,812

Year-over-Year Comparison

	2023	2022	Change
Revenue	$54,307,462	$49,610,519	+0.1%
Expenses	$52,328,812	$49,395,992	+0.1%
Net Income	$1,978,650	$214,527	+8.2%

Key Indicators

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

🔒

Financial Health Indicators

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

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

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

Governance

Voting Members

Independent Members

Employees

790

Volunteers

597

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

$898,427

Total Directors

$318,263

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
ROBERT I CLAUSEN JR	PRESIDENT/CEO	55.00	Officer Director	$281,373	$35,540	$316,913
JANA BEE TRIPLETT	BOARD CHAIR	1.00	Officer Director	$0	$0	$0
JAY KIMBROUGH	VICE CHAIR/SECRETARY/TREASURER	1.00	Officer Director	$0	$0	$0
DALE WARMAN	DIRECTOR	1.00	Director	$650	$0	$650
AMY KARLIN	DIRECTOR	1.00	Director	$0	$0	$0
DAVE SHULL	DIRECTOR	1.00	Director	$0	$0	$0
JILL BIESMA	DIRECTOR	1.00	Director	$0	$0	$0
BOB WEST	DIRECTOR	1.00	Director	$0	$0	$0
AMANDA STUKE	DIRECTOR	1.00	Director	$700	$0	$700
LEWIS LOWERY III	DIRECTOR (TERM ENDED JAN 2023)	1.00	Director	$0	$0	$0
PAM HERMON	COO	55.00	Officer	$204,083	$25,041	$229,124
HEATH LEUCK	CFO	55.00	Officer	$191,126	$9,000	$200,126
MECHELLE MOFFIT	CHIEF HUMAN RESOURCES OFFICER	50.00	Officer	$143,997	$8,267	$152,264
JOYCE LELEI	REGISTERED NURSE	68.00	Highest	$244,426	$22,931	$267,357
GODFREY NDEMAKI	REGISTERED NURSE	71.00	Highest	$291,726	$21,820	$313,546
LYNN TENBRINK	DIRECTOR OF MARKETING & SALES	40.00	Highest	$172,327	$7,159	$179,486
RICHARD TURLEY	HCDOHS	40.00	Highest	$133,277	$22,571	$155,848
EDITH MWANGI	CERTIFIED NURSING MED AIDE	40.00	Highest	$141,334	$10,329	$151,663

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	No data	No data	No data	No data
2023	$54,307,462	$52,328,812	$145,255,044	$1,978,650
2022	$49,610,519	$49,395,992	$136,348,513	$214,527
2021	$48,610,930	$47,548,316	$139,480,206	$1,062,614
2020	$49,070,478	$46,549,406	$137,708,063	$2,521,072
2019	$48,001,093	$44,727,912	$135,899,688	$3,273,181
2018	$45,091,378	$43,580,779	$130,821,941	$1,510,599

LAKEVIEW VILLAGE INC