Lake Hospital System Inc

Overview

Mission

Hospital, General

Operating model

Revenue model

Earned-program. 89% of the money available for current operations came from fees and other program revenue.

Distribution model

Direct operator. The filing allocates 100% of reported program-service expenses outside its grant, affiliate-payment, and member-benefit lines. This expense classification does not rule out separately announced grant awards.

• Includes noncash contributions: Reported contributions include donated property or goods.

The verdict

- This return only reports unrelated business income. Use the main filing to assess the organization as a whole.

Rating breakdown

Details

• Where the money goes: Financial trends and filed revenue, expense, asset, and liability detail
• Activities: Unrelated business income $843K · Business deductions $1.3M
• Consistency: 12 of 12 current checks pass
• Filing history: 4 filing years from 2020 to 2024
• Contacts: How to reach this organization
• Money network: 12 filed money-flow records
• Related organizations: 13 filed related-organization links
• Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
• People: Everyone the filings name, and which of them the filings identify by more than a name.

Key Signals

Signals prioritize questions for review. They are not findings of misconduct.

Grant-readiness screening is separate from the live rating, not a measure of program quality. Review the source records before making a grant decision.

• High — Grant Readiness: Federal audit findings: this organization reported findings in its latest federal Single Audit.