LAKELAND ASSOCIATION OF REALTORS INC (EIN 596159096) - Form 990 Financial Analysis & Trantor Score

🔒

Financial Vulnerability Assessment (Tuckman-Chang)

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

1923

Legal Domicile

Principal Officer

BARBARA BARNES

Phone

8636876111

Tax Period

2023-01-01 to 2023-12-31

LAKELAND ASSOCIATION OF REALTORS INC, founded in 1923, is a community nonprofit that reported $1.2M in total revenue in fiscal year 2023. Revenue grew 11% year-over-year, indicating healthy expansion. The organization ran a surplus of $233K, a strong 19% operating margin.

Mission

TO MEET THE NEEDS OF MEMBERS WHILE BUILDING PROFESSIONALISM AND ADVOCATING THE PROTECTION OF PROPERTY RIGHTS.

🔒

Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

Sign in to view Trantor Score and financial metrics

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

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $1,584

Program Service Revenue $1,189,250

Investment Income $44,221

Other Revenue $9,822

TOTAL REVENUE $1,244,877

Expense Breakdown

Grants Paid $0

Salaries & Benefits $341,364

Fundraising Expenses $0

Other Expenses $670,772

TOTAL EXPENSES $1,012,136

Year-over-Year Comparison

	2023	2022	Change
Revenue	$1,244,877	$1,125,337	+0.1%
Expenses	$1,012,136	$947,166	+0.1%
Net Income	$232,741	$178,171	+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

232

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

$130,728

Total Directors

$130,728

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
JANA LYNN LUTZ	PRESIDENT	2.00	Officer Director	$0	$0	$0
SHANNON CORNELL	PAST PRESIDENT	1.00	Officer Director	$0	$0	$0
PETRA NORRIS	PRESIDENT-ELECT	1.00	Officer Director	$0	$0	$0
BARBARA BARNES	EXECUTIVE VICE PRESIDENT	60.00	Officer Director	$124,194	$6,534	$130,728
GEOFFREY INGRAM	TREASURER/SECRETARY	1.00	Officer Director	$0	$0	$0
DEBBIE MILLER	DIRECTOR	1.00	Director	$0	$0	$0
TAMMY HAMPTON	DIRECTOR	1.00	Director	$0	$0	$0
MINDY EMERSON-HUNLEY	DIRECTOR	1.00	Director	$0	$0	$0
BRANDON MOORE-JOHNSON	DIRECTOR	1.00	Director	$0	$0	$0
TERESA HAAS - RESIGNED 723	DIRECTOR	1.00	Director	$0	$0	$0
JIM HAMPTON	DIRECTOR	1.00	Director	$0	$0	$0
DAVID HUNGERFORD	DIRECTOR	1.00	Director	$0	$0	$0
DAWNA STONE	DIRECTOR	1.00	Director	$0	$0	$0
LISA REINSTETLE	DIRECTOR	1.00	Director	$0	$0	$0
STEVE STRICKLAND - BEGAN 723	DIRECTOR	1.00	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	No data	No data	No data	No data
2023	$1,244,877	$1,012,136	$3,122,113	$232,741
2022	$1,125,337	$947,166	$2,830,910	$178,171
2021	$1,043,502	$772,177	$2,655,515	$271,325
2020	$930,481	$766,354	$2,345,657	$164,127
2019	$1,014,427	$854,241	$2,195,578	$160,186
2018	$906,526	$812,896	$2,031,022	$93,630

LAKELAND ASSOCIATION OF REALTORS INC