SCommunity Improvement & Capacity BuildingEIN: 061708014· Ruling Year: 2004

Lakeshore Advantage Corporation

Holland, Michigan

A-Health Score
75A-

Financial Health Score

9-metric score across financial health, operational efficiency, and organizational resilience. Based on IRS Form 990 data.

Very Good

💰
$6.7M
Total Revenue
📊
$2.0M
Total Expenses
🏦
$5.9M
Net Assets
📋
$581K
Total Liabilities

Financial Trends

5-Year Trend Analysis

Financial Health Indicators

Revenue Growth
+230.0%
Year-over-year change (2022 → 2023)
Net Margin
+69.6%
Revenue minus expenses as % of revenue
Working Capital Ratio
2.91
Net assets divided by total expenses
Liabilities-to-Assets
8.9%
Total liabilities as % of total assets

Filing History

14 filings on record
YearRevenueExpensesAssets
2023$6,704,698230%$2,040,8535%$6,523,366352%
2022$2,031,93245%$1,950,35843%$1,444,39718%
2021$3,726,17930%$3,431,87333%$1,223,35132%
2020$5,356,380237%$5,109,545213%$929,38327%
2019$1,590,66412%$1,633,52720%$733,5553%
2018$1,418,49013%$1,362,7024%$753,4482%
2017$1,254,5151%$1,304,4677%$742,0681%
2016$1,265,8231%$1,222,52823%$748,14410%
2015$1,259,01470%$995,9586%$677,36362%
2014$742,5782%$936,45235%$417,44331%
2013$730,5727%$695,2719%$606,0458%
2012$784,7823%$761,5404%$560,3321%
2011$759,4438%$732,8077%$552,8987%
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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