Lake Side Elite (EIN 853559813) - 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

2021

Legal Domicile

Principal Officer

Kristan Noblett

Phone

2314594388

Tax Period

2023-01-01 to 2023-12-31

Lake Side Elite, founded in 2021, is a small nonprofit in the Recreation & Sports sector that reported $266K in total revenue in fiscal year 2023. Revenue surged 23% from the prior year, signaling strong growth momentum. The organization ran a surplus of $55K, a strong 21% operating margin.

Mission

Provides gymnastics training to youth in the Boyne City, Mi area.

🔒

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 $13,233

Program Service Revenue $185,802

Investment Income $171

Other Revenue $66,445

TOTAL REVENUE $265,651

Expense Breakdown

Grants Paid $0

Salaries & Benefits $118,299

Fundraising Expenses $5,931

Program Expenses $197,823

Other Expenses $92,041

TOTAL EXPENSES $210,340

Year-over-Year Comparison

	2023	2022	Change
Revenue	$265,651	$216,400	+0.2%
Expenses	$210,340	$172,765	+0.2%
Net Income	$55,311	$43,635	+0.3%

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

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
Kimberly Lamb	President	0.00	Officer Director	$0	$0	$0
Becky Ecker	Secretary	0.00	Officer Director	$0	$0	$0
Gloria Campbell	Treasurer	0.00	Officer Director	$0	$0	$0
Jason Barkley	Director	0.00	Officer Director	$0	$0	$0
Kristan Noblett	Director	40.00	Director	$0	$0	$0
David Malicke	Director	0.00	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	$265,651	$210,340	$187,810	$55,311
2022	$216,400	$172,765	$139,808	$43,635
2021	$247,030	$165,862	$105,777	$81,168

Lake Side Elite