LAKE THEATRE PRODUCTIONS INC (EIN 810982503) - 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

2015

Principal Officer

SHARON REYNOLDS

Phone

5188796218

Tax Period

2023-01-01 to 2023-12-31

LAKE THEATRE PRODUCTIONS INC, founded in 2015, is a small nonprofit in the Arts, Culture & Humanities sector that reported $386K in total revenue in fiscal year 2023.

Mission

THE CORPORATION PROVIDES THEATRICAL PERFORMANCES WHILE PROVIDING EDUCATION TO THE GENERAL PUBLIC ON THE MAKINGS OF THOSE PERFOMANCES, HOW TO BECOME INVOLVED IN THE THEATRICAL PERFORMANCES AND SUPPORTING LOCAL SCHOOLS, COLLEGES AND UNIVERSITIES TO FURTHER EDUCATE PERSONS WHO WISH TO BECOME INVOLVED IN THE THEATRICAL ARTS.

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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 $1,130

Program Service Revenue $385,278

Investment Income $0

Other Revenue $0

TOTAL REVENUE $386,408

Expense Breakdown

Grants Paid $0

Salaries & Benefits $108,541

Fundraising Expenses $0

Program Expenses $402,685

Other Expenses $308,404

TOTAL EXPENSES $416,945

Year-over-Year Comparison

	2023	2022	Change
Revenue	$386,408	$381,826	+0.0%
Expenses	$416,945	$276,300	+0.5%
Net Income	$-30,537	$105,526	-1.3%

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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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Governance

Voting Members

Independent Members

Employees

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
CHANDLER ATKINS	VP	N/A	Officer Director	$0	$0	$0
RACHEL BUDIN	DIRECTOR	N/A	Director	$0	$0	$0
SUE D'ANGELICO	DIRECTOR	N/A	Director	$0	$0	$0
JOHANNA MAIORELLA	SECRETARY	N/A	Officer Director	$0	$0	$0
STEVE MOULTON	DIRECTOR	N/A	Director	$0	$0	$0
BRUCE O'CONNELL	DIRECTOR	N/A	Director	$0	$0	$0
ERIN COON PHD	DIRECTOR	N/A	Director	$0	$0	$0
COLLEEN POTTER	TREASURER	N/A	Officer Director	$0	$0	$0
SHARON REYNOLDS	PRESIDENT	N/A	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	$386,408	$416,945	$243,041	$-30,537
2022	$381,826	$276,300	$275,879	$105,526
2021	$112,688	$68,216	$170,353	$44,472
2020	$28,665	$45,091	$141,481	$-16,426
2019	$370,590	$356,876	$52,196	$13,714
2018	$282,997	$284,530	$54,883	$-1,533

LAKE THEATRE PRODUCTIONS INC