LAKEVIEW CLUB INC (EIN 570195465) - Form 990 Financial Analysis & Trantor Score

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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

1962

Legal Domicile

Principal Officer

TOMMY USHER

Phone

8433837847

Tax Period

2025-01-01 to 2025-12-31

LAKEVIEW CLUB INC, founded in 1962, is a small nonprofit that reported $303K in total revenue in fiscal year 2025. Revenue fell 51% from the prior year — a significant decline worth monitoring. Expenses of $358K exceeded revenue, resulting in a 18% operating deficit.

Mission

LOCAL ASSOCIATION OF EMPLOYEES-PRIMARY PURPOSE IS RECREATIONAL

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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 (2025)

Revenue Breakdown

Contributions & Grants $208,000

Program Service Revenue $92,758

Investment Income $1,824

Other Revenue $34

TOTAL REVENUE $302,616

Expense Breakdown

Grants Paid $0

Salaries & Benefits $128,456

Fundraising Expenses $0

Program Expenses $268,181

Other Expenses $229,129

TOTAL EXPENSES $357,585

Year-over-Year Comparison

	2025	2024	Change
Revenue	$302,616	$615,205	-0.5%
Expenses	$357,585	$352,528	+0.0%
Net Income	$-54,969	$262,677	-1.2%

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
HAZEL SOX	TREASURER	N/A	Officer	$0	$0	$0
TOMMY USHER	PRESIDENT	N/A	Officer	$0	$0	$0
DEANDRA MEADOWS	VICE PRESIDE	N/A	Officer	$0	$0	$0
GERI SMOTHERS JERNIGAN	SECRETARY	N/A	Officer	$0	$0	$0
CHRISTY GAINEY	DIRECTOR	N/A	Director	$0	$0	$0
SUSAN GAINEY	DIRECTOR	N/A	Director	$0	$0	$0
JENNIFER ADAMS	DIRECTOR	N/A	Director	$0	$0	$0
SUSAN KING	DIRECTOR	N/A	Director	$0	$0	$0
SCOTT GREENBURG	DIRECTOR	N/A	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
2025	$302,616	$357,585	$439,258	$-54,969
2024	$615,205	$352,528	$494,229	$262,677
2023	$294,292	$305,019	$231,542	$-10,727
2022	$277,408	$301,489	$247,402	$-24,081
2021	$274,280	$298,655	$272,457	$-24,375
2020	$267,965	$206,881	$332,951	$61,084
2019	$332,485	$309,371	$235,992	$23,114
2018	$286,487	$311,107	$187,994	$-24,620

LAKEVIEW CLUB INC