LOWER SHORE ENTERPRISES

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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

1967

Legal Domicile

Principal Officer

JULIE WILTBANK

Phone

4107496183

Tax Period

2024-07-01 to 2025-06-30

LOWER SHORE ENTERPRISES, founded in 1967, is a community nonprofit in the Employment sector that reported $3.7M in total revenue in fiscal year 2024. The organization ran a surplus of $903K, a strong 24% operating margin.

Mission

THE MISSION OF LOWER SHORE ENTERPRISES, INC (LSE) IS TO FOSTER OPPORTUNITIES FOR COMPETITIVE EMPLOYMENT, COMMUNITY ENGAGEMENT, AND MEANINGFUL DAYS FOR PEOPLE WITH DISABILITIES THROUGH ENCOURAGEMENT OF INDIVIDUAL CHOICE AND DISCOVERY OF PERSONAL INTEREST.

Program Service Accomplishments

Program 1

Expenses: $2,158,524 Revenue: $1,123,811

EMOTIONAL AND PHYSICAL REHABILITATION AND TRAINING SERVICES, WORKSHOPS, AND OFFSITE SERVICES TO PREPARE INDIVIDUALS WITH DISABILITIES FOR EMPLOYMENT.

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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 $2,191,658

Program Service Revenue $1,112,545

Investment Income $440,668

Other Revenue $2,229

TOTAL REVENUE $3,747,100

Expense Breakdown

Grants Paid $0

Salaries & Benefits $2,001,892

Fundraising Expenses $0

Program Expenses $2,158,524

Other Expenses $842,056

TOTAL EXPENSES $2,843,948

Year-over-Year Comparison

	2024	2023	Change
Revenue	$3,747,100	$3,604,772	+0.0%
Expenses	$2,843,948	$2,661,926	+0.1%
Net Income	$903,152	$942,846	0.0%

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

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

$221,975

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
BEVERELEY STOAKLEY	CHAIRMAN	1.00	Officer Director	$0	$0	$0
ANN ANDERSON	SECRETARY	1.00	Officer Director	$0	$0	$0
KATHRYN ELLIS	VICE CHAIRMAN	1.00	Officer Director	$0	$0	$0
CARL COTTINGHAM	DIRECTOR	1.00	Director	$0	$0	$0
DONALD NELSON	DIRECTOR	1.00	Director	$0	$0	$0
KEN SMITH	TREASURER	1.00	Officer Director	$0	$0	$0
AVERY SAULSBURY	DIRECTOR	1.00	Director	$0	$0	$0
IVY MCINTYRE	CHIEF EXECUTIVE OFFICER	40.00	Officer	$96,785	$27,980	$124,765
JULIE WILTBANK	CHIEF FINANCIAL OFFICER	40.00	Officer	$97,210	$0	$97,210

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	$3,747,100	$2,843,948	$8,387,273	$903,152
2024	$3,604,772	$2,661,926	$7,623,842	$942,846
2023	$4,118,949	$2,542,480	$6,673,424	$1,576,469
2022	$3,713,513	$2,400,914	$5,073,629	$1,312,599
2021	$3,474,804	$2,252,973	$4,293,904	$1,221,831
2020	$2,840,292	$3,256,325	$3,314,332	$-416,033
2019	$3,541,664	$3,810,588	$2,940,648	$-268,924
2018	$3,635,443	$3,484,329	$3,198,210	$151,114