LAKEWOOD MANOR BAPTIST RETIREMENT COMMUNITY INC (EIN 521368410) - Form 990 Financial Analysis & Trantor Score

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Tuckman-Chang Vulnerability Assessment

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year

1969

Legal Domicile

Principal Officer

JONATHAN COOK

Phone

8045219206

Tax Period

2024-01-01 to 2024-12-31

LAKEWOOD MANOR BAPTIST RETIREMENT COMMUNITY INC, founded in 1969, is a mid-sized nonprofit in the Human Services sector that reported $32.6M in total revenue in fiscal year 2018. Revenue grew 16% year-over-year, indicating healthy expansion. Expenses of $28.9M left a modest 11% surplus.

Mission

TO PROVIDE "DIGNITY IN LIVING" FOR SENIOR ADULTS WHO RESIDE IN THIS PLANNED SERVICES COMMUNITY.

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Trantor Score

Financial Health & Payment Capacity Assessment (FICO Scale: 300–850)

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

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $390,833

Program Service Revenue $44,809,995

Investment Income $1,677,455

Other Revenue $36,798

TOTAL REVENUE $46,915,081

Expense Breakdown

Grants Paid $583,158

Salaries & Benefits $18,936,487

Fundraising Expenses $0

Program Expenses $41,957,683

Other Expenses $25,039,935

TOTAL EXPENSES $44,559,580

Year-over-Year Comparison

	2024	2023	Change
Revenue	$46,915,081	$42,832,373	+0.1%
Expenses	$44,559,580	$40,296,563	+0.1%
Net Income	$2,355,501	$2,535,810	-0.1%

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

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

$2,286,273

Total Directors

Key Employees

$260,273

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
REVNELSON HARRIS	CHAIR	1.00	Officer Director	$0	$0	$0
MRSSARA L MARCHELLO	VICE CHAIR	1.00	Officer Director	$0	$0	$0
MR MATTHEW SCOTT	SECRTARY	1.00	Officer Director	$0	$0	$0
MR JAMES BALES	TRUSTEE	1.00	Director	$0	$0	$0
MSSHARON BROOKS	TRUSTEE	1.00	Director	$0	$0	$0
DRVALERIE CARTER	TRUSTEE	1.00	Director	$0	$0	$0
REVDAN CARLTON	TRUSTEE	1.00	Director	$0	$0	$0
MR SCOTT CAVE	TRUSTEE	1.00	Director	$0	$0	$0
DRTIFFANY FRANKS	TRUSTEE	1.00	Director	$0	$0	$0
MR JOHN JUNG	TRUSTEE	1.00	Director	$0	$0	$0
MR ARNE OWENS	TRUSTEE	1.00	Director	$0	$0	$0
DRPAM PARSONS	TRUSTEE	1.00	Director	$0	$0	$0
MR JIM POATS	TRUSTEE	1.00	Director	$0	$0	$0
MR JOHN POMA	TRUSTEE	1.00	Director	$0	$0	$0
MRS SUSAN RUCKER	TRUSTEE	1.00	Director	$0	$0	$0
MR GARY THOMSON	TRUSTEE	1.00	Director	$0	$0	$0
MR JIM VAUGHT	TRUSTEE	1.00	Director	$0	$0	$0
JONATHAN COOK	PRESIDENT & CEO	1.00	Officer	$0	$48,553	$760,478
LISA LEGEER	CSO	1.00	Officer	$0	$57,588	$405,475
TRACEY JENNINGS	COO	1.00	Officer	$0	$45,574	$439,978
CHRISTOPHER MARKWITH	CFO (THRU FEB 2024)	1.00	Officer	$0	$12,587	$156,307
ERIK MAURITSEN	CFO (AS OF MAY 2024)	1.00	Officer	$0	$24,428	$184,573
JOHN P ROBINSON	CMO	1.00	Officer	$0	$66,084	$339,462
HEATHER CRUMBAUGH	EXECUTIVE DIRECTOR	40.00	Key Emp	$213,233	$47,040	$260,273
EMILY GRABAN	ASSOCIATE EXECUTIVE DIRECTOR	40.00	Highest	$173,963	$39,970	$213,933
HILLARY WINKELMANN	DIRECTOR OF SALES & MARKETING	40.00	Highest	$171,714	$45,283	$216,997
WINIFRED COOPER	SALES & MARKETING COUNSELOR	40.00	Highest	$142,782	$26,883	$169,665
DORI MARIETTA	ASSOCIATE EXECUTIVE DIRECTOR	40.00	Highest	$131,488	$0	$131,488
FRANCIS SIMAL	DIRECTOR OF PLANT OPERATIONS II	40.00	Highest	$131,387	$23,762	$155,149

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	$46,915,081	$44,559,580	$216,778,109	$2,355,501
2023	$42,832,373	$40,296,563	$213,553,103	$2,535,810
2022	$40,251,783	$39,646,182	$204,699,575	$605,601
2021	$42,484,506	$38,768,226	$206,811,940	$3,716,280
2020	$38,766,303	$35,277,683	$197,555,635	$3,488,620
2019	$32,879,407	$30,006,584	$207,755,014	$2,872,823
2018	$32,590,705	$28,897,041	$155,391,088	$3,693,664

LAKEWOOD MANOR BAPTIST RETIREMENT COMMUNITY INC