THE LAKES AT EDGEWATER ESTATES HOME (EIN 760591732) - 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

1998

Legal Domicile

Principal Officer

DARRELL HIGGINS

Phone

8328641200

Tax Period

2023-01-01 to 2023-12-31

THE LAKES AT EDGEWATER ESTATES HOME, founded in 1998, is a small nonprofit in the Community Improvement sector that reported $261K in total revenue in fiscal year 2023.

Mission

CIVIC AND SOCIAL WELFARE ORGANIZATION - PROMOTING THE COMMON GOOD AND GENERAL WELFARE OF THE PUBLIC AND COMMUNITY THROUGH THE FOLLOWING OBJECTIVES

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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 (2023)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $255,257

Investment Income $6,082

Other Revenue $0

TOTAL REVENUE $261,339

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $264,639

Other Expenses $268,684

TOTAL EXPENSES $268,684

Year-over-Year Comparison

	2023	2022	Change
Revenue	$261,339	$272,168	0.0%
Expenses	$268,684	$239,233	+0.1%
Net Income	$-7,345	$32,935	-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

N/A

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
BARBARA LEWIS	VICE PRESIDE	2.00	Officer Director	$0	$0	$0
KURT CHRISTENSEN	SECRETARY	2.00	Officer Director	$0	$0	$0
DARRELL HIGGINS	PRESIDENT	2.00	Officer 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	$261,339	$268,684	$560,049	$-7,345
2022	$272,168	$239,233	$575,890	$32,935
2021	$277,600	$296,164	$508,520	$-18,564
2020	$384,539	$251,287	$543,456	$133,252
2019	$201,277	$208,554	$513,131	$-7,277
2018	$257,039	$212,826	$474,166	$44,213

THE LAKES AT EDGEWATER ESTATES HOME