P โ€” Human ServicesEIN: 264223345ยท Ruling Year: 2010

Lake Care Inc

Mount Dora, Florida

A-Health Score
76A-

Financial Health Score

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

Very Good

๐Ÿ’ฐ
$6.6M
Total Revenue
๐Ÿ“Š
$3.3M
Total Expenses
๐Ÿฆ
$5.5M
Net Assets
๐Ÿ“‹
$17K
Total Liabilities

Financial Trends

5-Year Trend Analysis

Financial Health Indicators

Revenue Growth
+116.5%
Year-over-year change (2022 โ†’ 2023)
Net Margin
+49.6%
Revenue minus expenses as % of revenue
Working Capital Ratio
1.65
Net assets divided by total expenses
Liabilities-to-Assets
0.3%
Total liabilities as % of total assets

Filing History

13 filings on record
YearRevenueExpensesAssets
2023$6,619,951โ†‘116%$3,335,413โ†‘16%$5,513,122โ†‘131%
2022$3,057,724โ†‘22%$2,877,953โ†‘17%$2,388,033โ†‘8%
2021$2,512,867โ†“28%$2,462,326โ†‘5%$2,203,101โ†‘2%
2020$3,512,813โ†‘92%$2,343,616โ†‘23%$2,154,692โ†‘111%
2019$1,827,567โ†‘9%$1,906,882โ†‘18%$1,020,834โ†“8%
2018$1,677,088โ†‘17%$1,615,658โ†‘8%$1,110,670โ†‘10%
2017$1,437,109โ†‘85%$1,501,153โ†‘99%$1,007,861โ†“5%
2016$775,811โ†‘10%$755,911โ†‘15%$1,056,585โ†‘5%
2015$703,660โ†‘25%$658,169โ†‘21%$1,009,284โ†‘5%
2014$562,951โ†‘13%$541,989โ†‘13%$964,809โ†‘3%
2013$499,450โ†‘9%$480,616โ†“1%$939,630โ†‘2%
2012$459,167โ†‘7%$486,443โ†‘28%$919,683โ†“3%
2011$430,540$378,685$946,959

Frequently Asked Questions

What does Lake Care Inc do?โ–ผ

Lake Care Inc is a human services nonprofit organization based in Florida. It is classified under NTEE code P20 and is registered as a 501(c) tax-exempt organization with the IRS.

Is Lake Care Inc financially healthy?โ–ผ

Based on our 9-metric Financial Health Score model, Lake Care Inc has a score of 76/100 (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 Lake Care Inc generate?โ–ผ

Lake Care Inc reports $4.2M in annual revenue and holds $8.2M in total assets, based on IRS filings.

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Lake Care Inc โ€” Mount Dora, FL | GiveScope