LC CENTRALETTES PARENTS ASSOCIATION INC

EIN: 882545177 501(c)(3) Education

SCHERERVILLE, IN

Total Revenue
$217,443
Total Expenses
$206,257
Total Assets
$54,900
Net Assets
$54,900
🔒

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
2022
Legal Domicile
IN
Principal Officer
ADAM SIMAGA
Phone
3123844250
Tax Period
2023-01-01 to 2023-12-31

LC CENTRALETTES PARENTS ASSOCIATION INC, founded in 2022, is a small nonprofit in the Education sector that reported $217K in total revenue in fiscal year 2023. Revenue surged 53% from the prior year, signaling strong growth momentum. Expenses of $206K left a modest 5% surplus.

Mission

TO SUPPORT LAKE CENTRAL HIGH SCHOOL DANCE TEAMS IN ORDER TO PROVIDE EDUCATION AND ORGANIZE AND HOST DANCE COMPETITIONS.

🔒

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 (2023)

Revenue Breakdown

Contributions & Grants $0
Program Service Revenue $140,788
Investment Income $0
Other Revenue $76,655
TOTAL REVENUE $217,443

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $429
Program Expenses $197,101
Other Expenses $206,257
TOTAL EXPENSES $206,257

Year-over-Year Comparison

2023 2022 Change
Revenue $217,443 $142,550 +0.5%
Expenses $206,257 $98,836 +1.1%
Net Income $11,186 $43,714 -0.7%
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
4
Independent Members
4
Employees
N/A
Volunteers
54

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
4
$0
Total Directors
4
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
ADAM SIMAGA PRESIDENT/TREASURER 1.00
Officer Director
$0 $0 $0
MELANIE BERWANGER VICE PRESIDENT 1.00
Officer Director
$0 $0 $0
BARB SABO VICE PRESIDENT 1.00
Officer Director
$0 $0 $0
MELISSA RIPPE SECRETARY 1.00
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 $217,443 $206,257 $54,900 $11,186
Explore More Nonprofits
→Top 100 Nonprofits in Indiana →Largest U.S. Nonprofits →Best Rated Nonprofits →Most Efficient Nonprofits

Compare LC CENTRALETTES PARENTS ASSOCIATION INC with other nonprofits in Indiana and across the country.

We Value Your Privacy
We use cookies and similar technologies to analyze site traffic and improve your experience. By clicking "Accept All", you consent to our use of cookies for analytics and measurement.