Lakeshore Advantage Corporation
Holland, Michigan
Financial Health Score
9-metric score across financial health, operational efficiency, and organizational resilience. Based on IRS Form 990 data.
Very Good
Financial Trends
5-Year Trend Analysis
Financial Health Indicators
Filing History
14 filings on record| Year | Revenue | Expenses | Assets | |
|---|---|---|---|---|
| 2023 | $6,704,698↑230% | $2,040,853↑5% | $6,523,366↑352% | — |
| 2022 | $2,031,932↓45% | $1,950,358↓43% | $1,444,397↑18% | — |
| 2021 | $3,726,179↓30% | $3,431,873↓33% | $1,223,351↑32% | — |
| 2020 | $5,356,380↑237% | $5,109,545↑213% | $929,383↑27% | — |
| 2019 | $1,590,664↑12% | $1,633,527↑20% | $733,555↓3% | — |
| 2018 | $1,418,490↑13% | $1,362,702↑4% | $753,448↑2% | — |
| 2017 | $1,254,515↓1% | $1,304,467↑7% | $742,068↓1% | — |
| 2016 | $1,265,823↑1% | $1,222,528↑23% | $748,144↑10% | — |
| 2015 | $1,259,014↑70% | $995,958↑6% | $677,363↑62% | — |
| 2014 | $742,578↑2% | $936,452↑35% | $417,443↓31% | — |
| 2013 | $730,572↓7% | $695,271↓9% | $606,045↑8% | — |
| 2012 | $784,782↑3% | $761,540↑4% | $560,332↑1% | — |
| 2011 | $759,443↑8% | $732,807↑7% | $552,898↑7% | — |
| 2010 | $700,735 | $684,919 | $515,613 | — |
Frequently Asked Questions
What does Lakeshore Advantage Corporation do?▼
Lakeshore Advantage Corporation is a community improvement & capacity building nonprofit organization based in Michigan. It is classified under NTEE code S20 and is registered as a 501(c) tax-exempt organization with the IRS.
Is Lakeshore Advantage Corporation financially healthy?▼
Based on our 9-metric Financial Health Score model, Lakeshore Advantage Corporation has a score of 75/100 (Grade: A-). This score evaluates working capital, surplus consistency, debt ratio, revenue trends, program spending, fundraising efficiency, executive compensation, revenue diversification, and vulnerability indicators.
How much revenue does Lakeshore Advantage Corporation generate?▼
Lakeshore Advantage Corporation reports $9.2M in annual revenue and holds $13.3M in total assets, based on IRS filings.
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