Lakeview Center Inc

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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

1961

Legal Domicile

Phone

8504953099

Tax Period

2024-10-01 to 2025-09-30

Lakeview Center Inc, founded in 1961, is a major nonprofit in the Mental Health sector that reported $108.7M in total revenue in fiscal year 2024. Revenue decreased 5% compared to the prior year.

Mission

HELPING PEOPLE THROUGHOUT LIFE'S JOURNEY: THE ORGANIZATION PROVIDES BEHAVIORAL HEALTH (MENTAL HEALTH AND SUBSTANCE ABUSE) SERVICES AND CHILD PROTECTIVE SERVICES. PEOPLE OF ALL AGES ARE INCLUDED IN THE SCOPE OF OUR SERVICES.

Program Service Accomplishments

Program 1

Expenses: $82,556,835 Revenue: $48,634,005

BEHAVIORAL HEALTH SERVICES: IN 2025, THIS DIVISION SERVED 29,458 PEOPLE, OF WHICH 7,070 WERE CHILDREN. THIS DIVISION OF LAKEVIEW CENTER SPECIALIZES IN HELPING PEOPLE WITH MENTAL ILLNESSES, SUBSTANCE ABUSE DISORDERS AND DEVELOPMENTAL DISABILITIES OVERCOME THEIR CHALLENGES. THE MOBILE RESPONSE TEAM SERVED 3,008 PEOPLE, INCLUDING 1,193 CHILDREN.

Program 2

Expenses: $14,820,863

CHILD PROTECTIVE SERVICES: IN 2025, THIS DIVISION SERVED 2,747 CHILDREN, REUNITED 193 CHILDREN WITH THEIR FAMILIES AND FINALIZED 273 ADOPTIONS, WITH 67 MORE ACHIEVING PERMANENT GUARDIANSHIP. THIS...

CHILD PROTECTIVE SERVICES: IN 2025, THIS DIVISION SERVED 2,747 CHILDREN, REUNITED 193 CHILDREN WITH THEIR FAMILIES AND FINALIZED 273 ADOPTIONS, WITH 67 MORE ACHIEVING PERMANENT GUARDIANSHIP. THIS DIVISION, ALSO REFERRED TO AS FAMILIES FIRST NETWORK (FFN), IS RESPONSIBLE FOR THE SAFETY, STABILITY, AND WELL-BEING OF ABUSED, NEGLECTED, AND ABANDONED CHILDREN IN OUR DISTRICT. THROUGH A CONTRACT FUNDED WITH STATE FUNDS, FFN WORKS TO PROVIDE FOSTER CARE AND ADOPTION SERVICES FOR CHILDREN AT RISK.

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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 $59,809,260

Program Service Revenue $48,634,005

Investment Income $40,037

Other Revenue $191,557

TOTAL REVENUE $108,674,859

Expense Breakdown

Grants Paid $602,906

Salaries & Benefits $68,692,897

Fundraising Expenses $0

Program Expenses $97,377,698

Other Expenses $43,711,651

TOTAL EXPENSES $113,007,454

Year-over-Year Comparison

	2024	2023	Change
Revenue	$108,674,859	$114,897,515	-0.1%
Expenses	$113,007,454	$112,465,685	+0.0%
Net Income	$-4,332,595	$2,431,830	-2.8%

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

1360

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

$1,960,419

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
BARKSDALE DALE JORDAN JR	SECRETARY/TREASURER	1.0	Officer Director	$0	$0	$0
REV DR HUGH HAMILTON III	CHAIRMAN	1.0	Officer Director	$0	$0	$0
STEPHANIE POWELL	VICE CHAIRMAN	1.0	Officer Director	$0	$0	$0
ADRIANA SPAIN	MEMBER	1.0	Director	$0	$0	$0
CAROLYNN ZIONA	MEMBER	1.0	Director	$0	$0	$0
CHARLES F BEALL JR	MEMBER	1.0	Director	$0	$0	$0
ERIC RANDALL	MEMBER	1.0	Director	$0	$0	$0
JOHN GORMLEY	MEMBER	1.0	Director	$0	$0	$0
PATRICIA FRANKLIN	MEMBER	1.0	Director	$0	$0	$0
ROBIN RESHARD	MEMBER (OUTGOING)	1.0	Director	$0	$0	$0
RUSSELL BEATY	MEMBER	1.0	Director	$0	$0	$0
CORY BORCHERDING	VICE PRESIDENT/FFN PRESIDENT	40.0	Officer	$184,504	$20,646	$205,150
DOMINIC SALAMIDA	VICE PRESIDENT/LCI PRESIDENT	40.0	Officer	$299,180	$46,432	$345,612
ERIC BARLEY	VICE PRESIDENT/CFO	15.0	Officer	$327,677	$41,371	$369,048
M ALLISON HILL	PRESIDENT/CEO	15.0	Officer	$635,468	$46,725	$682,193
SANDRA WHITAKER	VICE PRESIDENT/CDO	15.0	Officer	$350,655	$7,761	$358,416
AARON GODWIN	PSYCHIATRIST	40.0	Highest	$287,201	$23,679	$310,880
GUIDO LUDERGNANI	CHIEF OF MEDICAL SERVICES	40.0	Highest	$344,255	$38,035	$382,290
STANISLAV KRUGLIKOV	PSYCHIATRIST	40.0	Highest	$267,065	$19,377	$286,442
TANYA THERIAULT	PSYCHIATRIST	40.0	Highest	$290,049	$28,188	$318,237
TERRY PTACEK	MEDICAL DIRECTOR	40.0	Highest	$295,197	$29,921	$325,118

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	$108,674,859	$113,007,454	$64,012,158	$-4,332,595
2024	$114,897,515	$112,465,685	$53,968,544	$2,431,830
2023	$127,697,190	$124,307,069	$57,501,141	$3,390,121
2022	$161,885,928	$159,764,363	$50,949,187	$2,121,565
2021	$155,480,158	$152,272,093	$43,603,396	$3,208,065
2020	$145,685,240	$145,663,197	$251,724,054	$22,043
2019	$141,725,329	$133,608,273	$243,917,689	$8,117,056
2018	$125,146,518	$121,884,188	$241,368,951	$3,262,330