LAKE ERIE BALLET COMPANY INC (EIN 920576009) - 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

2023

Legal Domicile

Principal Officer

SARA PICKENS

Phone

8144345275

Tax Period

2024-08-01 to 2025-07-31

LAKE ERIE BALLET COMPANY INC, founded in 2023, is a small nonprofit in the Arts, Culture & Humanities sector that reported $155K in total revenue in fiscal year 2024. Revenue fell 52% from the prior year — a significant decline worth monitoring. Expenses of $178K exceeded revenue, resulting in a 15% operating deficit.

Mission

TO PROVIDE PRE-PROFESSIONAL AND PROFESSIONAL PERFORMANCE OPPORTUNITIES TO BENEFIT LOCAL DANCERS, THE ARTS COMMUNITY THROUGH COLLABORATIVE CREATIVE EFFORTS, AND THE COMMUNITY AT LARGE BY OFFERING INSPIRING, HIGH QUALITY DANCE TO AUDIENCES INCLUDING LOCAL SCHOOLS AND ORGANIZATIONS.

🔒

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 (2024)

Revenue Breakdown

Contributions & Grants $16,369

Program Service Revenue $138,189

Investment Income $0

Other Revenue $0

TOTAL REVENUE $154,558

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $4,669

Program Expenses $170,506

Other Expenses $178,404

TOTAL EXPENSES $178,404

Year-over-Year Comparison

	2024	2023	Change
Revenue	$154,558	$322,272	-0.5%
Expenses	$178,404	$264,841	-0.3%
Net Income	$-23,846	$57,431	-1.4%

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

N/A

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
MAUREEN KROWICKI	TRUSTEE	N/A	Director	$0	$0	$0
GREGORY MORROW	TRUSTEE	N/A	Director	$0	$0	$0
BARBARA PRIESTAP	TRUSTEE	N/A	Officer Director	$0	$0	$0
CAROLYN VENDETTI	TRUSTEE	N/A	Officer Director	$0	$0	$0
CHRISTINA MARIA ADELHARDT	EXECUTIVE DI	N/A	Officer	$0	$0	$0
LESLIE PETASIS	PRESIDENT	N/A	Officer	$0	$0	$0
SARA PICKENS	TREASURER	N/A	Officer	$0	$0	$0
AMY SHAUT	SECRETARY	N/A	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
2025	$154,558	$178,404	$33,585	$-23,846
2024	$322,272	$264,841	$57,431	$57,431

LAKE ERIE BALLET COMPANY INC