LAKE CHRISTIAN MINISTRIES INC (EIN 542034650) - Form 990 Financial Analysis & Trantor Score

🔒

Tuckman-Chang Vulnerability Assessment

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

2001

Legal Domicile

Principal Officer

PAUL MARX

Phone

5402973214

Tax Period

2024-01-01 to 2024-12-31

LAKE CHRISTIAN MINISTRIES INC, founded in 2001, is a small nonprofit in the Human Services sector that reported $367K in total revenue in fiscal year 2018. Revenue grew 10% year-over-year, indicating healthy expansion. Expenses of $312K left a modest 15% surplus.

Mission

TO ORGANIZE, CONDUCT, SUPPORT AND PROMOTE BENEVOLENT ACTIVITIES TO SELECTED RESIDENTS OF THE SMITH MOUNTAIN LAKE, VIRGINIA COMMUNITY.

🔒

Trantor Score

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

Sign in to view Trantor Score and financial metrics

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

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $572,745

Program Service Revenue $0

Investment Income $30,005

Other Revenue $162,895

TOTAL REVENUE $765,645

Expense Breakdown

Grants Paid $336,050

Salaries & Benefits $147,046

Fundraising Expenses $1,845

Program Expenses $504,904

Other Expenses $142,722

TOTAL EXPENSES $625,818

Year-over-Year Comparison

	2024	2023	Change
Revenue	$765,645	$851,979	-0.1%
Expenses	$625,818	$659,384	-0.1%
Net Income	$139,827	$192,595	-0.3%

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

Volunteers

265

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

$63,328

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
JANE WINTERS	EXEC DIRECTO	30.00	Officer	$63,328	$0	$63,328
DAVE BANKS	DIR	1.00	Director	$0	$0	$0
JAMES CASKIE	FINANCE CHAI	2.00	Director	$0	$0	$0
ANDY CRAWFORD	DIR	1.00	Director	$0	$0	$0
SCOTT DAVIS	DIR	1.00	Director	$0	$0	$0
KATE ELLIS	SECRETARY	1.00	Officer Director	$0	$0	$0
ROY ENSLOW	DIR	1.00	Director	$0	$0	$0
ANDIE GIBSON	DIR	1.00	Director	$0	$0	$0
JIM GILBERT	DIR	1.00	Director	$0	$0	$0
DEREK LAYMAN	VICE CHAIR	2.00	Officer Director	$0	$0	$0
PAUL MARX	TREASURER	2.00	Officer Director	$0	$0	$0
RICH SOURS	DIR	1.00	Director	$0	$0	$0
JULIE VERSLUIS	DIR	1.00	Director	$0	$0	$0
RON WILLLARD	CHAIR	2.00	Officer 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
2024	$765,645	$625,818	$2,067,766	$139,827
2023	$851,979	$659,384	$1,930,569	$192,595
2023	$851,979	$659,384	$1,930,569	$192,595
2022	$1,228,679	$624,110	$1,735,208	$604,569
2021	$722,351	$576,373	$1,139,369	$145,978
2020	$756,381	$459,747	$1,009,469	$296,634
2019	$465,993	$395,202	$689,894	$70,791
2018	$366,635	$312,132	$613,104	$54,503

LAKE CHRISTIAN MINISTRIES INC