LAKEVILLE SOUTH FOOTBALL ASSOCIATION (EIN 800807582) - 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

2012

Legal Domicile

Principal Officer

THANE HATHAWAY

Phone

9529850469

Tax Period

2023-01-01 to 2023-12-31

LAKEVILLE SOUTH FOOTBALL ASSOCIATION, founded in 2012, is a small nonprofit in the Recreation & Sports sector that reported $180K in total revenue in fiscal year 2023. Revenue fell 24% from the prior year — a significant decline worth monitoring. Expenses of $325K exceeded revenue, resulting in a 81% operating deficit.

Mission

THE OBJECTIVE OF THE LSFA IS TO PROVIDE SUPERVISED RECREATIONAL AND COMPETITIVE FOOTBALL PROGRAMS FOR THE CHILDREN OF THE COMMUNITY AND TO INSTILL IN THEM THE PRINCIPLES OF SPORTSMANSHIP, HONESTY, LOYALTY, COURAGE AND RESPECT FOR OTHERS.

🔒

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 $27,913

Program Service Revenue $105,791

Investment Income $366

Other Revenue $45,618

TOTAL REVENUE $179,688

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $321,887

Other Expenses $325,142

TOTAL EXPENSES $325,142

Year-over-Year Comparison

	2023	2022	Change
Revenue	$179,688	$237,842	-0.2%
Expenses	$325,142	$229,678	+0.4%
Net Income	$-145,454	$8,164	-18.8%

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

N/A

Volunteers

180

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
THANE HATHAWAY	PRESIDENT	3.00	Officer Director	$0	$0	$0
JON WOHLHUTER	TREASURER	3.00	Officer Director	$0	$0	$0
BOB HAYES	GAMBLING MAN	3.00	Officer Director	$0	$0	$0
RICK FRITZ	PROGRAM DIRE	3.00	Director	$0	$0	$0
BRIAN WILD	FUNDRAISING	3.00	Director	$0	$0	$0
BRIAN BOROFF	OPERATIONS D	3.00	Director	$0	$0	$0
JENNIFER FRENZEL	INFORMATION	3.00	Director	$0	$0	$0
JESSIE TRUDEAU	EQUIPMENT DI	3.00	Director	$0	$0	$0
GREG HAFFELY	DEVELOPMENT	3.00	Director	$0	$0	$0
JEROD STRAND	VOLUNTEER CO	3.00	Director	$0	$0	$0
MARK DEAN	LSHS LIAISON	3.00	Director	$0	$0	$0
CHRIS SMITH	3RD GRADE DI	3.00	Director	$0	$0	$0
TIM DALSIN	4TH GRADE DI	3.00	Director	$0	$0	$0
ALEX ALLEN	5TH GRADE DI	3.00	Director	$0	$0	$0
NICK SCHINDELE	6TH GRADE DI	3.00	Director	$0	$0	$0
JUSTIN FREDERICK	7TH GRADE DI	3.00	Director	$0	$0	$0
RYAN STENE	8TH GRADE DI	3.00	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	$179,688	$325,142	$130,573	$-145,454
2022	$237,842	$229,678	$295,916	$8,164
2021	$319,177	$256,144	$287,496	$63,033
2020	$218,668	$187,541	$166,644	$31,127
2019	$240,165	$344,206	$93,779	$-104,041
2018	$205,652	$199,808	$97,209	$5,844

LAKEVILLE SOUTH FOOTBALL ASSOCIATION