Lakeshore Community Services Inc
Nonprofit profile at a glance
- EIN
- 251577930
- IRS 990 coverage
- 2010–2024
- Forms available
- Form 990 2024
- Location
- Erie, PA, USA
- Phone
- 8144569962
- Rating
- 79
- Verdict
- SUPPORTED
- Rating confidence
- Moderate
- Sector
- Human Service Organizations
Reported finances
- Revenue
- $24,936,065
- Expenses
- $24,893,249
- Assets
- $14,535,943
- Liabilities
- $5,233,928
Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
16 people listed
Executive titles in this filing
- SHARON YOST (BOARD PRESIDENT)
- ALAN BENSON (CHIEF EXECUTIVE OFFICER)
Highest reported compensation
- ALAN BENSON (CHIEF EXECUTIVE OFFICER): $277,745 total reported compensation
- DONNA CARLINO (CHIEF FINANCIAL OFFICER): $220,662 total reported compensation
- JENNIFER RINDERLE (CHIEF OPERATING OFFICER): $200,285 total reported compensation
Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
The mission of lakeshore is to enhance the ability of persons with mental and physical disabilities to live as independently as possible through acquisition of skills and utilization of services that promote each individual's self direction, personal worth and value. Currently, lakeshore provides residential care and support to more than 150 individuals and provides blended care management services to 600 more consumers.
What it reported doing in 2024
Supported living - provides support system that teaches persons with intellectual disabilities the skills necessary to increase their independence and live successfully in the community. Family living - offers individuals with intellectual disabilities the option to share their lives with members of the community in an extraordinary way. A family is "matched" to a person seeking the comfort and support of that traditional setting.
Operating model
- Revenue model
- Earned-program. 96% 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.
The verdict
SUPPORTED - A large share of available resources goes toward mission work and the filed numbers largely add up. Expenses are high relative to revenue and total assets are small relative to annual expenses; liquid coverage is unknown.
Rating breakdown
- Financial Efficiency: 76
- Transparency & Controls: 79
- Accountability: 90
- Sustainability: 32
- Growth: 100
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 85.4%; rating input score 85
- Program expense ratio: 85.8%; rating input score 86
- Fundraising efficiency: Limited
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 62nd percentile among comparable filings
- Pay-setting controls: 3 of 6 controls in place; rating input score 50
- Compensation committee: Pass
- Independent consultant: Missing
- Other Form 990s reviewed: Missing
- Written employment contract: Missing
- Compensation survey or study: Pass
- Board or committee approval: Pass
- Foreign activity oversight: Limited
- Grant itemization coverage: Limited
- Major donor itemization: Yes; rating input score 100
- Related-party transparency: Limited
Accountability
- Independent voting board: 90%; rating input score 90; 22nd percentile among comparable filings
- Governance controls: 8 of 9 controls in place; rating input score 89
- Conflict-of-interest policy: Pass
- Whistleblower policy: Pass
- Document-retention policy: Pass
- CEO compensation review process: Pass
- Other executive compensation review process: Fail
- Form 990 shared with the board: Pass
- Board meeting minutes documented: Pass
- Audit committee oversight: Pass
- Independent financial-statement audit: Pass
Sustainability
- Operating margin: 0.2%; rating input score 33; 33rd percentile among comparable filings
- Total-asset coverage ratio: 0.58; rating input score 19; 19th percentile among comparable filings
- Liabilities to assets ratio: 0.36; rating input score 40; 40th percentile among comparable filings
- Officer compensation ratio: 5%; rating input score 51; 51st percentile among comparable filings
Growth
- Program expense growth: 1.7% per year; rating input score 100; 18th percentile among comparable filings
- Revenue growth: 2.8% per year; rating input score 100; 24th percentile among comparable filings
- Asset growth: 3.9% per year; rating input score 100; 28th percentile among comparable filings
Details
- Where the money goes: 85.4% of revenue deployed · 85.8% of spending went to programs
- Governance: 9 of 10 board members independent · 8 of 9 filing controls reported
- Programs: 4 filed program accomplishments · $21.4M in reported program spending
- Leadership: top reported pay $278K · 16 people listed · 3 of 6 pay-setting controls reported
- Consistency: 31 of 31 current checks pass
- Schedules: 5 filed schedules · includes major donors and executive pay
- Filing history: 14 filing years from 2010 to 2024
- Contacts: How to reach this organization
- Money network: 7 filed money-flow records
- Related organizations: Filed and resolved organization relationships.
- 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.
- Moderate — Sustainability: Operating margin scored 33/100.
- High — Sustainability: Total-asset coverage ratio scored 19/100.
- Review — Accountability: Governance controls: Other executive compensation review process not reported.
- Moderate — Sustainability: Liabilities to assets ratio scored 40/100.
- Review — Sustainability: Officer compensation ratio scored 51/100.