Lapeer County Center Inc
Nonprofit profile at a glance
- EIN
- 381566429
- IRS 990-EZ coverage
- 2020–2025
- Forms available
- Form 990-EZ 2025
- Location
- Lapeer, MI, USA
- Phone
- 8106642109
- Rating
- 84
- Verdict
- STRONG
- Rating confidence
- Moderate
- Sector
- Community, Neighborhood Development
Reported finances
- Revenue
- $81,092
- Expenses
- $84,675
- Assets
- $77,106
- Liabilities
- $12,421
Source: IRS Form 990-EZ. Selected filing: tax year 2025. Amounts in USD.
Leadership & pay
6 people listed
Executive titles in this filing
- LARRY HARTLEY (PRESIDENT)
People named in this filing
- LARRY HARTLEY (PRESIDENT)
- DYLE HENNING (VICE PRESIDE)
- DEBRA ARMES (TREASURER)
Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.
Source: IRS Form 990-EZ. Selected filing: tax year 2025. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
To maintain and provide a desirable meeting and banquet facility in the community for local organizations, businesses, and the general public.
Operating model
- Revenue model
- Other-operating. 98% of the money available for current operations came from other operating 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
STRONG - A large share of available resources goes toward mission work and the filed numbers largely add up. Expenses are high relative to revenue and assets have declined or grown slowly.
Rating breakdown
- Financial Efficiency: 92
- Transparency & Controls: 82
- Sustainability: 32
- Growth: 80
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 93.3%; rating input score 93
- Program expense ratio: 89.4%; rating input score 89
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 51st percentile among comparable filings
- Major donor itemization: Limited
Sustainability
- Operating margin: -4.4%; rating input score 35; 35th percentile among comparable filings
- Total-asset coverage ratio: 0.91; rating input score 45; 45th percentile among comparable filings
- Liabilities to assets ratio: 0.16; rating input score 13; 13th percentile among comparable filings
- Officer compensation ratio: 26.8%; rating input score 7; 7th percentile among comparable filings
Growth
- Program expense growth: 17.4% per year; rating input score 100; 79th percentile among comparable filings
- Revenue growth: 0.6% per year; rating input score 100; 52nd percentile among comparable filings
- Asset growth: -11.1% per year; rating input score 0; 16th percentile among comparable filings
Details
- Where the money goes: 93.3% of revenue deployed · 89.4% of spending went to programs
- Governance: Filed governance answers
- Accomplishments: 1 filed program accomplishment · $76K in reported program spending
- Leadership: top reported pay $0 · 6 people listed
- Consistency: 7 of 7 current checks pass
- Schedules: 3 filed schedules
- Filing history: 6 filing years from 2020 to 2025
- Contacts: How to reach this organization
- Money network: 1 filed money-flow record
- 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 35/100.
- High — Growth: Asset growth scored 0/100.
- Moderate — Sustainability: Total-asset coverage ratio scored 45/100.
- High — Sustainability: Officer compensation ratio scored 7/100.
- High — Sustainability: Liabilities to assets ratio scored 13/100.