LAKESIDE IMPROVEMENT ASSOCIATION (EIN 741673136) - 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

1969

Legal Domicile

Principal Officer

ANNE VACHON

Phone

7139772812

Tax Period

2024-10-01 to 2025-09-30

LAKESIDE IMPROVEMENT ASSOCIATION, founded in 1969, is a small nonprofit in the Housing & Shelter sector that reported $585K in total revenue in fiscal year 2024. Revenue grew 11% year-over-year, indicating healthy expansion. The organization ran a surplus of $103K, a strong 18% operating margin.

Mission

THE ASSOCIATION ASSESSES AND COLLECTS AN ANNUAL MAINTENANCE CHARGE FROM THE OWNERS OF RESIDENTIAL BUILDING LOTS IN THE LAKESIDE ESTATE AND LAKESIDE FOREST SUBDIVISIONS. THE ASSOCIATION USES THE MAINTENANCE FEES COLLECTED TO PROVIDE FOR THE GERNERAL BENEFIT OF ALL LOT OWNERS.

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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 $3,509

Program Service Revenue $527,908

Investment Income $11,954

Other Revenue $41,576

TOTAL REVENUE $584,947

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $403,448

Other Expenses $482,198

TOTAL EXPENSES $482,198

Year-over-Year Comparison

	2024	2023	Change
Revenue	$584,947	$528,896	+0.1%
Expenses	$482,198	$477,799	+0.0%
Net Income	$102,749	$51,097	+1.0%

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

N/A

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
EILEEN FOSTEY	DIRECTOR	004.00	Director	$0	$0	$0
TRISH PETERSON	DIRECTOR	004.00	Director	$0	$0	$0
EDWIN GRANTHAM	DIRECTOR	004.00	Director	$0	$0	$0
JACK BOGGS	DIRECTOR	004.00	Director	$0	$0	$0
JEAN JUNGHANS	DIRECTOR	004.00	Director	$0	$0	$0
MEEGAN DUNLAP	PRESIDENT	004.00	Officer	$0	$0	$0
AARON ROMERO	VICE PRESIDENT	004.00	Officer	$0	$0	$0
ALEX GONZALEZ	TREASURER	004.00	Officer	$0	$0	$0
MICHAEL GIGLIO	SECRETARY	004.00	Officer	$0	$0	$0
ANNE VACHON	2024-2025 TREASURER	004.00	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
2025	$584,947	$482,198	$821,140	$102,749
2024	$528,896	$477,799	$715,718	$51,097
2023	$511,416	$510,846	$670,284	$570
2022	$480,988	$473,748	$655,712	$7,240
2021	$464,692	$436,265	$646,431	$28,427
2020	$451,227	$414,972	$616,958	$36,255
2019	$451,665	$423,305	$579,749	$28,360
2018	$450,309	$419,246	$564,328	$31,063

LAKESIDE IMPROVEMENT ASSOCIATION