LAKESHORE AVENUE BAPTIST CHURCH FOUNDATION INC (EIN 943307590) - 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

1985

Legal Domicile

Principal Officer

Pamela Claassen

Phone

5108932848

Tax Period

2025-01-01 to 2025-12-31

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.

Mission

Primary purpose of LABC Foundation is to manage LABC investments, whose principal, interest and appreciated value in turn support the mission and ministries of the Lakeshore Avenue Baptist Church (LABC) into the future.

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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 (2025)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $0

Investment Income $33,331

Other Revenue $0

TOTAL REVENUE $33,331

Expense Breakdown

Grants Paid $44,363

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $44,363

Other Expenses $0

TOTAL EXPENSES $44,363

Year-over-Year Comparison

	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%

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

Independent Members

Employees

N/A

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

Total Directors

Key Employees

Highest Compensated

reported

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

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	$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

LAKESHORE AVENUE BAPTIST CHURCH FOUNDATION INC