LAKE NORMAN HUMANE INC (EIN 861160840) - 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

2005

Legal Domicile

Principal Officer

MARIA HAUGHTON ROBERSON

Phone

7046333330

Tax Period

2024-01-01 to 2024-12-31

LAKE NORMAN HUMANE INC, founded in 2005, is a community nonprofit in the Animal-Related sector that reported $1.2M in total revenue in fiscal year 2024. Revenue surged 37% from the prior year, signaling strong growth momentum. Expenses of $1.1M left a modest 10% surplus.

Mission

TO RESCUE, REHABILITATE AND REHOME HOMELESS PETS.

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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 (2024)

Revenue Breakdown

Contributions & Grants $525,422

Program Service Revenue $215,018

Investment Income $2,683

Other Revenue $440,016

TOTAL REVENUE $1,183,139

Expense Breakdown

Grants Paid $0

Salaries & Benefits $551,453

Fundraising Expenses $167,069

Program Expenses $644,742

Other Expenses $511,038

TOTAL EXPENSES $1,062,491

Year-over-Year Comparison

	2024	2023	Change
Revenue	$1,183,139	$861,229	+0.4%
Expenses	$1,062,491	$872,197	+0.2%
Net Income	$120,648	$-10,968	-12.0%

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

135

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
JOSH TUCKER	PRESIDENT	2.00	Officer Director	$0	$0	$0
CAROLINE CARRICK	VICE PRESIDENT	2.00	Officer Director	$0	$0	$0
JONATHAN ZULMAN	SECRETARY	2.00	Officer Director	$0	$0	$0
MARIA ROBERSON	TREASURER	2.00	Officer Director	$0	$0	$0
GREG CRISTINA BIFFLE	BOARD MEMBER	2.00	Director	$0	$0	$0
ANNA TSUMAS GORDON	BOARD MEMBER	2.00	Director	$0	$0	$0
LISA ODEN	BOARD MEMBER	2.00	Director	$0	$0	$0
ASHELY WHITE	BOARD MEMBER	2.00	Director	$0	$0	$0
WENDY WYMAN	BOARD MEMBER	2.00	Director	$0	$0	$0
DANA KELLEY	EXECUTIVE DIRECTOR	40.00	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	$1,183,139	$1,062,491	$3,356,402	$120,648
2023	$861,229	$872,197	$3,262,510	$-10,968
2022	$824,622	$739,940	$3,307,557	$84,682
2021	$1,007,860	$766,929	$3,259,978	$240,931
2020	$685,375	$531,590	$3,290,230	$153,785
2019	$975,402	$443,758	$3,359,829	$531,644
2018	$653,969	$294,014	$2,170,435	$359,955

LAKE NORMAN HUMANE INC