LAKE CONNOR PARK INC (EIN 910936055) - 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

1999

Legal Domicile

Principal Officer

KEVIN ABSHER

Phone

4253345055

Tax Period

2024-01-01 to 2024-12-31

LAKE CONNOR PARK INC, founded in 1999, is a community nonprofit that reported $3.2M in total revenue in fiscal year 2024. Expenses of $3.0M left a modest 6% surplus.

Mission

PROVIDE RECREATIONAL OPPORTUNITIES FOR MEMBERS

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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 $2,345

Program Service Revenue $2,633,664

Investment Income $1,702

Other Revenue $594,552

TOTAL REVENUE $3,232,263

Expense Breakdown

Grants Paid $0

Salaries & Benefits $1,199,141

Fundraising Expenses $0

Other Expenses $1,841,487

TOTAL EXPENSES $3,040,628

Year-over-Year Comparison

	2024	2023	Change
Revenue	$3,232,263	$3,375,970	0.0%
Expenses	$3,040,628	$3,007,299	+0.0%
Net Income	$191,635	$368,671	-0.5%

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

1481

Independent Members

1481

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

$8,573

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
KEVIN LACHAPELLE	ACTIVITY DIR	5.00	Officer	$1,491	$0	$1,491
MARK KANOUFF	VICE PRESIDE	5.00	Officer	$1,491	$0	$1,491
DONNA MARTINEZ	TREASURER	5.00	Officer	$1,491	$0	$1,491
DEBBIE FORD	SECRETARY	5.00	Officer	$1,118	$0	$1,118
LONNY BARTHOLOMEW	COMMITTEES D	5.00	Officer	$1,491	$0	$1,491
KEVIN ABSHER	PRESIDENT	5.00	Officer	$1,491	$0	$1,491

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	$3,232,263	$3,040,628	$3,161,733	$191,635
2023	$3,375,970	$3,007,299	$2,976,958	$368,671
2022	$3,287,751	$3,363,037	$2,614,581	$-75,286
2021	$2,962,488	$2,846,695	$2,627,063	$115,793
2020	$2,885,809	$2,503,786	$2,654,095	$382,023
2019	$2,619,251	$2,517,948	$2,077,463	$101,303
2018	$2,504,222	$2,469,826	$1,916,574	$34,396

LAKE CONNOR PARK INC