LAKESHORE FOOD CLUB

EIN: 814673437 501(c)(3) Human Services

LUDINGTON, MI

Total Revenue
$1,385,085
Total Expenses
$1,296,794
Total Assets
$589,358
Net Assets
$555,747
🔒

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

Sign In — Free (10 views/day)

Financial Trends

Organization Details

Formation Year
2017
Legal Domicile
MI
Principal Officer
O'NEALYA GRONSTAL
Phone
2314804334
Tax Period
2024-01-01 to 2024-12-31

LAKESHORE FOOD CLUB, founded in 2017, is a community nonprofit in the Human Services sector that reported $1.4M in total revenue in fiscal year 2024. Revenue decreased 5% compared to the prior year. Expenses of $1.3M left a modest 6% surplus.

Mission

PROVIDE DIGNIFIED ACCESS TO NUTRITIOUS FOOD AND RESOURCES TO THOSE IN NEED IN OUR COMMUNITY.

🔒

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%)

Sign In — Free (10 views/day)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $1,323,390
Program Service Revenue $0
Investment Income $13,672
Other Revenue $48,023
TOTAL REVENUE $1,385,085

Expense Breakdown

Grants Paid $861,330
Salaries & Benefits $253,546
Fundraising Expenses $48,023
Program Expenses $1,183,387
Other Expenses $181,918
TOTAL EXPENSES $1,296,794

Year-over-Year Comparison

2024 2023 Change
Revenue $1,385,085 $1,461,970 -0.1%
Expenses $1,296,794 $1,422,307 -0.1%
Net Income $88,291 $39,663 +1.2%
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

Sign In

Governance

Voting Members
12
Independent Members
12
Employees
8
Volunteers
140

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
6
$70,000
Total Directors
14
$70,000
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
O'NEALYA GRONSTAL EXECUTIVE DIRECTOR 45.00
Officer Director
$70,000 $0 $70,000
ERIN BARRETT DIRECTOR 1.00
Director
$0 $0 $0
MARK BOON DIRECTOR 1.00
Director
$0 $0 $0
TINA FRIESE DIRECTOR 1.00
Director
$0 $0 $0
TED GEDRA VICE CHAIR 1.00
Officer Director
$0 $0 $0
STEVE HOWE DIRECTOR 1.00
Director
$0 $0 $0
BETH MCGILL-RIZER DIRECTOR 1.00
Director
$0 $0 $0
KALEY PETERSEN VICE CHAIR 1.00
Officer Director
$0 $0 $0
MERYL SMITH CHAIR 1.00
Officer Director
$0 $0 $0
CONNIE TEWES TREASURER 1.00
Officer Director
$0 $0 $0
JOHN TREZANO DIRECTOR 1.00
Director
$0 $0 $0
COLLEEN UNSAL DIRECTOR 1.00
Director
$0 $0 $0
JIM YOUNG SECRETARY 1.00
Officer Director
$0 $0 $0
KRISTI ZIMMERMAN DIRECTOR 1.00
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 $1,385,085 $1,296,794 $589,358 $88,291
2023 $1,461,970 $1,422,307 $503,040 $39,663
2022 $378,786 $330,840 $411,392 $47,946
2022 $697,321 $673,958 $436,458 $23,363
2021 $425,647 $179,807 $363,364 $245,840
2020 $256,004 $276,278 $126,464 $-20,274
2019 $298,382 $330,041 $141,202 $-31,659
2018 $331,338 $169,783 $172,068 $161,555
Explore More Nonprofits
Top 100 Nonprofits in Michigan Largest U.S. Nonprofits Best Rated Nonprofits Most Efficient Nonprofits

Compare LAKESHORE FOOD CLUB with other nonprofits in Michigan and across the country.