Lakes Area Health Center PC

EIN: 920363418 501(c)(3)

Saint Paul, MN

Total Revenue
$648,363
Total Expenses
$706,461
Total Assets
$26,437
Net Assets
$-58,098
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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
2022
Legal Domicile
MN
Tax Period
2022-01-01 to 2022-12-31

Lakes Area Health Center PC, founded in 2022, is a small nonprofit that reported $648K in total revenue in fiscal year 2022.

Mission

Lakes Area Health Center provides pain management education and support services

Program Service Accomplishments

Program 1
Expenses: $706,461

Lakes Area Health Center Centers provides pain management education and support services

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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%)

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Financial Overview (2022)

Revenue Breakdown

Contributions & Grants $148,931
Program Service Revenue $499,432
Investment Income $0
Other Revenue $0
TOTAL REVENUE $648,363

Expense Breakdown

Grants Paid $0
Salaries & Benefits $396,517
Fundraising Expenses $0
Program Expenses $706,461
Other Expenses $309,944
TOTAL EXPENSES $706,461

Year-over-Year Comparison

2022 2021 Change
Revenue $648,363 N/A N/A
Expenses $706,461 N/A N/A
Net Income $-58,098 N/A N/A
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

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Governance

Voting Members
4
Independent Members
4
Employees
1
Volunteers
N/A

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
0
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Kathleen Pylkas Blue Officer 0.00
Officer
$0 $0 $0
Marcus Blue Officer 0.00
Officer
$0 $0 $0
Kenneth Britton Medical Director 0.00
Officer
$0 $0 $0
Grant Pylkas Chairman 0.00
Officer
$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
2022 $648,363 $706,461 $26,437 $-58,098
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