Lakewood, WA
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)Friends of Lakewood, founded in 1986, is a community nonprofit in the Environment sector that reported $1.0M in total revenue in fiscal year 2024. Revenue decreased 12% compared to the prior year. Net assets of $4.5M represent 53 months of operating reserves.
Lakewold Gardens strives to provide equitable access to provides intentional encounters with the life-changing power of nature fostering peace creativity and healing in our communities.
In 2024 Lakewold Gardens advanced its mission through year-round public access to its 10-acre historic garden and Georgian-style Wagner House featuring art exhibits music and poetry series veterans...
In 2024 Lakewold Gardens advanced its mission through year-round public access to its 10-acre historic garden and Georgian-style Wagner House featuring art exhibits music and poetry series veterans arts programs and educational initiatives such as the Deep Discovery climate-education partnership with Clover Park School District. Over 10,000 visitors engaged with the gardens and programs during the year. The organization serves the public with a varied and expanding offer of arts programming tours rentals events festivals and educational activities. Over 11,000 people annually experience the organizations grounds and offerings through the 10-acre historic garden estate. The organizations Deep Discovery youth program and adult horticulture programs serve an additional 1,200 people. Deep Discovery is supported by the Russell Family Foundation and allows students in the Clover Park School district to experience field trips and an educational experience at Lakewold Gardens. The program has been implemented into the science curriculum of the Clover Park School District.
Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency
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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)
Sign In — Free (10 views/day)| 2024 | 2023 | Change | |
|---|---|---|---|
| Revenue | $1,016,087 | $1,156,436 | -0.1% |
| Expenses | $1,102,924 | $1,262,806 | -0.1% |
| Net Income | $-86,837 | $-106,370 | -0.2% |
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
Sign In| Name | Title | Hours/Week | Role | Reportable Comp | Other Comp | Total |
|---|---|---|---|---|---|---|
| Dwight S Williams | Predident | 10.00 |
Officer
Director
|
$0 | $0 | $0 |
| Gwen Gill | Treasurer | 10.00 |
Officer
Director
|
$0 | $0 | $0 |
| Phyllis Griggs | Secretary | 2.00 |
Officer
Director
|
$0 | $0 | $0 |
| Trevor Kovich | Board Member | 2.00 |
Director
|
$0 | $0 | $0 |
| Charles Hyde III | Board Member | 2.00 |
Director
|
$0 | $0 | $0 |
| Lori Scharmach | Board Member | 4.00 |
Director
|
$0 | $0 | $0 |
| Gayle Hampton-Smith | Board Member | 2.00 |
Director
|
$0 | $0 | $0 |
| Mickey Portnoy | Board Member | 2.00 |
Director
|
$0 | $0 | $0 |
| Lisa Hoffman | Board Member | 4.00 |
Director
|
$0 | $0 | $0 |
| Phil Eng | Board Member | 2.00 |
Director
|
$0 | $0 | $0 |
| Justin Henderson | Executive Director | 40.00 |
Officer
|
$52,615 | $3,141 | $55,756 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2024 | $1,016,087 | $1,102,924 | $4,813,822 | $-86,837 |
| 2023 | $1,156,436 | $1,262,806 | $2,388,112 | $-106,370 |
| 2022 | $1,483,623 | $1,234,357 | $2,449,915 | $249,266 |
| 2022 | $1,483,623 | $1,234,357 | $2,449,915 | $249,266 |
| 2021 | $1,016,543 | $1,028,766 | $2,245,343 | $-12,223 |
| 2020 | $785,185 | $831,579 | $2,205,589 | $-46,394 |
| 2019 | $752,911 | $612,293 | $4,369,504 | $140,618 |
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