LAKESIDE SINGERS INC C/O ROBERT BOWKER

EIN: 611419314 501(c)(3)

EVANSTON, IL

Total Revenue
$17,239
Total Expenses
$114,388
Total Assets
N/A
Net Assets
N/A
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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
2002
Legal Domicile
IL
Principal Officer
JOHN D VALLEAU
Phone
8474914975
Tax Period
2022-07-01 to 2023-06-30

LAKESIDE SINGERS INC C/O ROBERT BOWKER, founded in 2002, is a small nonprofit that reported $152K in total revenue in fiscal year 2018. Revenue fell 47% from the prior year — a significant decline worth monitoring.

Mission

LAKESIDE SINGERS, INC. IS A UNIQUE CHORAL GROUP WHOSE PURPOSE IS TO PROVIDE CHORAL CONCERTS THAT FORM A CULTURAL BRIDGE, BRINGING TOGETHER AUDIENCES OF VARYING MUSICAL TASTES AND ALLOWING LISTENERS OF ALL AGES TO ENJOY MUSIC OF EVERY STYLE.

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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%)

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Financial Overview (2022)

Revenue Breakdown

Contributions & Grants $7,226
Program Service Revenue $9,985
Investment Income $28
Other Revenue $0
TOTAL REVENUE $17,239

Expense Breakdown

Grants Paid $22,454
Salaries & Benefits $24,000
Fundraising Expenses $0
Program Expenses $114,388
Other Expenses $67,934
TOTAL EXPENSES $114,388

Year-over-Year Comparison

2022 2021 Change
Revenue $17,239 $166,231 -0.9%
Expenses $114,388 $170,593 -0.3%
Net Income $-97,149 $-4,362 +21.3%
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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Governance

Voting Members
12
Independent Members
12
Employees
N/A
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
3
$0
Total Directors
12
$24,000
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
ROBERT BOWKER ARTISTIC DIR 10.00
Director
$12,000 $0 $12,000
MARY STEWART EXEC DIR 10.00
Director
$12,000 $0 $12,000
BRUCE BAUMBERGER DIRECTOR N/A
Director
$0 $0 $0
FRANK CORRADO DIRECTOR N/A
Director
$0 $0 $0
KIM DUCHOSSIS DIRECTOR N/A
Director
$0 $0 $0
PATRICIA KILDUFF DIRECTOR N/A
Director
$0 $0 $0
SHARON MARTIN DIRECTOR N/A
Director
$0 $0 $0
MARY NELSON TREASURER N/A
Officer Director
$0 $0 $0
DON PHILLIPS DIRECTOR N/A
Director
$0 $0 $0
CRAIG RICHART DIRECTOR N/A
Director
$0 $0 $0
BRAD SUSTER DIRECTOR N/A
Director
$0 $0 $0
JOHN D VALLEAU PRESIDENT N/A
Officer Director
$0 $0 $0
SUSAN BOWKER SECRETARY N/A
Officer
$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
2023 $17,239 $114,388 No data $-97,149
2022 $166,231 $170,593 $97,149 $-4,362
2021 $156,689 $93,296 $101,511 $63,393
2020 $134,278 $113,563 $38,118 $20,715
2019 $152,320 $166,633 $17,403 $-14,313
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