Oakland, CA
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)LAKESHORE AVENUE BAPTIST CHURCH FOUNDATION INC, founded in 1985, is a micro nonprofit that reported $33K in total revenue in fiscal year 2025. Expenses of $44K exceeded revenue, resulting in a 33% operating deficit.
As LABC receives bequests, memorials, and donations, the LABC Foundation (LABCF) invests these funds. The funds generate income and appreciate in value which are re-invested. For the long-term, LABCF can provide support for the future needs and programs of the church by distributing funds generated from these investments.
Quarterly distribution of $3,250 for LABC ministries and operations: The income generated by LABC Foundation is used by LABC for programs. The General Fund is for church operations. All Church...
Quarterly distribution of $3,250 for LABC ministries and operations: The income generated by LABC Foundation is used by LABC for programs. The General Fund is for church operations. All Church members benefit, and distributions are fixed.
LABC Rod Romney Legacy Fund: Program support for the social justice efforts of the church, such as "Justice Jam." All members benefit.
LABC Scholarship Fund: Provides scholarships and tuition support for students and members of the church. All church members benefit.
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)| 2025 | 2024 | Change | |
|---|---|---|---|
| Revenue | $33,331 | $33,188 | +0.0% |
| Expenses | $44,363 | $13,000 | +2.4% |
| Net Income | $-11,032 | $20,188 | -1.5% |
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 |
|---|---|---|---|---|---|---|
| Pam Claassen | President | 1 |
Officer
Director
|
$0 | $0 | $0 |
| Roehl Cinco | Treasurer | 2 |
Officer
Director
|
$0 | $0 | $0 |
| Gloria Meads | Trustee | 1 |
Director
|
$0 | $0 | $0 |
| Steve Reimer | Trustee | 1 |
Director
|
$0 | $0 | $0 |
| Sheila Sims | Trustee | 1 |
Director
|
$0 | $0 | $0 |
| Charlene Wolf | Trustee | 1 |
Director
|
$0 | $0 | $0 |
| Dave Gattey | Trustee | 1 |
Director
|
$0 | $0 | $0 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2025 | $33,331 | $44,363 | $746,511 | $-11,032 |
| 2024 | $33,188 | $13,000 | $696,340 | $20,188 |
| 2023 | $32,761 | $22,542 | $640,795 | $10,219 |
| 2022 | $46,927 | $20,201 | $581,612 | $26,726 |
| 2021 | $30,463 | $28,613 | $712,459 | $1,850 |
| 2020 | $90,759 | $31,983 | $673,917 | $58,776 |
| 2019 | $127,524 | $107,609 | $567,818 | $19,915 |
Compare LAKESHORE AVENUE BAPTIST CHURCH FOUNDATION INC with other nonprofits in California and across the country.