Civic Intelligence

Lakeridge Village Inc

EIN 20-4986314 • 501(c)3 • Detroit, MI

Profile

Provides recovery services for consumers referred by the detroit wayne community mental health authority. Lakeridge villag has a program that feeds the needy, hungry and homeless biwieekly in partnership forgotten harvest

15941 FairfieldDetroit, MI 48238

n/A

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

34th percentile

0.01x

Higher debt load relative to assets than 34% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Source year 2024

Liabilities / Revenue

28th percentile

0.01x

Higher debt load relative to revenue than 28% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Source year 2024

Net Margin

84th percentile

36%

Higher net margin than 84% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Source year 2024

Top Officer Pay

40th percentile

$0

Higher top officer pay than 40% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

501(c)3 • $1M-$5M nonprofits • Source year 2024

Asset Growth

96th percentile

127%

Faster asset growth than 96% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Annualized from 2023 to 2024

Revenue Growth

79th percentile

40%

Faster revenue growth than 79% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Annualized from 2023 to 2024

Assets

Up

$1,139,417

Up $636,629 (+127%) from 2023

Liabilities

Down

$13,763

Down $510 (-3.6%) from 2023

Net Assets

Up

$1,125,654

Up $637,139 (+130%) from 2023

Revenue

Up

$1,770,680

Up $505,423 (+40%) from 2023

Expenses

Up

$1,133,541

Up $50,859 (+4.7%) from 2023

Net Income

Up

$637,139

Up $454,564 (+249%) from 2023

Trend Graphs

Balance Sheet Trend

Grouped bars show assets, liabilities, and net assets across loaded filings.

$1.5M$1.0M$500K$0-$500KAssets 2010: $1Liabilities 2010: $02010Assets 2011: $0Liabilities 2011: $0Net Assets 2011: $02011Assets 2012: $0Liabilities 2012: $0Net Assets 2012: $02012Assets 2013: $167,184Liabilities 2013: $208,536Net Assets 2013: -$41,3522013Assets 2014: $282,046Liabilities 2014: $218,095Net Assets 2014: $63,9512014Assets 2015: $234,737Liabilities 2015: $292,862Net Assets 2015: -$58,1252015Assets 2016: $302,425Liabilities 2016: $328,351Net Assets 2016: -$25,9262016Assets 2017: $579,038Liabilities 2017: $343,834Net Assets 2017: $235,2042017Assets 2018: $500,611Liabilities 2018: $239,034Net Assets 2018: $261,5772018Assets 2020: $161,428Liabilities 2020: $142,434Net Assets 2020: $18,9942020Assets 2021: $169,201Liabilities 2021: $73,981Net Assets 2021: $95,2202021Assets 2022: $207,518Liabilities 2022: $200,311Net Assets 2022: $7,2072022Assets 2023: $502,788Liabilities 2023: $14,273Net Assets 2023: $488,5152023Assets 2024: $1,139,417Liabilities 2024: $13,763Net Assets 2024: $1,125,6542024

Highlighted filing

2024

Assets$1,139,417
Liabilities$13,763
Net Assets$1,125,654

Operations Trend

Revenue, expenses, and net income by year, with the latest filing highlighted.

$2.0M$1.5M$1.0M$500K$0-$500KRevenue 2010: $193,971Expenses 2010: $193,971Net Income 2010: $02010Revenue 2011: $0Expenses 2011: $0Net Income 2011: $02011Revenue 2012: $0Expenses 2012: $0Net Income 2012: $02012Revenue 2013: $754,098Expenses 2013: $795,450Net Income 2013: -$41,3522013Revenue 2014: $563,435Expenses 2014: $476,540Net Income 2014: $86,8952014Revenue 2015: $808,044Expenses 2015: $797,542Net Income 2015: $10,5022015Revenue 2016: $749,109Expenses 2016: $789,249Net Income 2016: -$40,1402016Revenue 2017: $745,492Expenses 2017: $662,594Net Income 2017: $82,8982017Revenue 2018: $818,298Expenses 2018: $728,081Net Income 2018: $90,2172018Revenue 2020: $468,010Expenses 2020: $449,016Net Income 2020: $18,9942020Revenue 2021: $391,657Expenses 2021: $296,437Net Income 2021: $95,2202021Revenue 2022: $1,216,502Expenses 2022: $1,215,651Net Income 2022: $8512022Revenue 2023: $1,265,257Expenses 2023: $1,082,682Net Income 2023: $182,5752023Revenue 2024: $1,770,680Expenses 2024: $1,133,541Net Income 2024: $637,1392024

Highlighted filing

2024

Revenue$1,770,680
Expenses$1,133,541
Net Income$637,139

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$1.14$0.01$1.13$1.77$1.13$0.64
2023Detailed filing. Detailed filing data is available for this year.$0.50$0.01$0.49$1.27$1.08$0.18
2022Detailed filing. Detailed filing data is available for this year.$0.21$0.20$0.01$1.22$1.22$0.00
2021Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.17$0.07$0.10$0.39$0.30$0.10
2020Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.16$0.14$0.02$0.47$0.45$0.02
2018Detailed filing. Detailed filing data is available for this year.$0.50$0.24$0.26$0.82$0.73$0.09
2017Summary only. Only limited summary data is available for this year.$0.58$0.34$0.24$0.75$0.66$0.08
2016Summary only. Only limited summary data is available for this year.$0.30$0.33$0.03$0.75$0.79$0.04
2015Summary only. Only limited summary data is available for this year.$0.23$0.29$0.06$0.81$0.80$0.01
2014Summary only. Only limited summary data is available for this year.$0.28$0.22$0.06$0.56$0.48$0.09
2013Summary only. Only limited summary data is available for this year.$0.17$0.21$0.04$0.75$0.80$0.04
2012Summary only. Only limited summary data is available for this year.$0.00$0.00$0.00$0.00$0.00$0.00
2011Summary only. Only limited summary data is available for this year.$0.00$0.00$0.00$0.00$0.00$0.00
2010Summary only. Only limited summary data is available for this year.$0.00$0.00$0.19$0.19$0.00
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Oct 1, 2023 to Sep 30, 2024
Signed
Jun 13, 2025
Return Version
2023v6.0
Gross Receipts
$1,770,680
Mission and Program Overview

Mission

SEE SCH O

To provide safe, therapeutic community with supportive services helping people achieve and maintain good physical and mental health.to provide safe, therapeutic community with supportive services helping people achieve and maintain good physical and mental health.

Balance Sheet Detail
LineBeginningEndChange
Assets
Rtn Earn Endowment Incm Other Fnds$488,515$1,125,654▲ $637,139
Cash and Non-Interest-Bearing Accounts$114,910$682,135▲ $567,225
Land, Buildings, and Equipment, Net$25,744$25,744→ $0
Total Assets$502,788$1,139,417▲ $636,629
Other Assets Total$362,134$431,538▲ $69,404
Liabilities
Other Liabilities$11,257$11,257→ $0
Accounts Payable and Accrued Expenses$3,016$2,506▼ $510
Total Liabilities$14,273$13,763▼ $510
Net Assets / Fund Balance
Total Net Assets Fund Balance$488,515$1,125,654▲ $637,139
Total Liabilities and Net Assets / Fund Balance$502,788$1,139,417▲ $636,629

Asset Categories

AssetBook ValueDepreciationBasis
Other Land Buildings$25,744-$25,744
Other Assets Org$431,538--
Compensation and Service Providers

Board Members and Trustees

NameTitle
Laverne WilliamsVice President
Revenue and Support

Revenue Composition

Contributions and Grants
$1,770,680
Program Service Revenue
$0
Investment Income
$0
Other Revenue
$0
Change in Net Assets
$637,139
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$600,386
Other Expenses$533,155
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$600,386--$600,386
Fees for Services Management$261,478--$261,478
Occupancy$180,952--$180,952
Insurance$37,298--$37,298
Office Expenses$12,453--$12,453
Fees for Services Accounting$10,425--$10,425
Fees for Services Other$8,662--$8,662
All Other Expenses$7,744--$7,744
Other Expenses$4,182--$4,182
Fees for Services Legal$3,346--$3,346
Advertising$423--$423
Travel$88--$88
Total Functional Expenses$1,133,541$0$0$1,133,541
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Other Long-term Liabilities$9,523
Other Current Liabilities$1,734
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
Yes
Annual disclosure for covered persons
Yes
Audit committee
Yes
Backup withholding compliance
Yes
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
Yes
Other officer compensation reviewed
Yes
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990 governing body review Part VI line 11

The governing body reviews and has reviewed the 990 return prior to mailing to the irs.

Conflict of interest policy compliance Part VI line 12C

The conflict of interest policy exists and his kept by the executive board and can be made available to the public upon request.

CEO executive director top management comp Part VI line 15A

Officer or key employee compensation policy was created by the board and emplimented during the hiring committees tasked when required.

Other officer or key employee compensation Part VI line 15B

Officer or key employee compensation policy was created by the board and emplimented during the hiring committees tasked when required.

Form 990 availability to public Part VI line 18

Form 990 is not made made available for public viewing unless prior written consent from the board of directors.

Governing documents etc available to public Part VI line 19

The board will make documents available when requested by the public via board policy.

Filing and Contact Details

Filer

Filer Name
Lakeridge Village Inc
EIN
20-4986314
Address
15025 FENKLE STREET, DETROIT, MI 48227

Signing Officer

Name
Eddie Whilliams
Title
Preisdent
Phone
2487375532
Signed
2025-06-13
Discuss with paid preparer
Yes

Organization Details

Formed
2006
Legal Domicile
Mi
Voting Board Members
2
Independent Board Members
0
Employees
1,818

Preparer

Firm
Carter Advisory Group Inc
Address
2050 SOUTH BLVD SUITE 33067, BLOOMFIELD HILLS, MI 48303
Preparer
Kevin a Carter
Phone
8772579201
Supplemental Narrative

Additional Explanations

Amended return information

The reasons surronding this amended return stem from previous tax preparer reporting in accurate and incomplete data on the orginally filled return. Revenue and expenditures were not reconciled properly nor reportly accurately.

Part XI response or note to any line in Part XI

FUND BALANCE ADJUSTMENTS

Raw XML Appendix315 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE REASONS SURRONDING THIS AMENDED RETURN STEM FROM PREVIOUS TAX PREPARER REPORTING IN ACCURATE AND INCOMPLETE DATA ON THE ORGINALLY FILLED RETURN. REVENUE AND EXPENDITURES WERE NOT RECONCILED PROPERLY NOR REPORTLY ACCURATELY.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE GOVERNING BODY REVIEWS AND HAS REVIEWED THE 990 RETURN PRIOR TO MAILING TO THE IRS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE CONFLICT OF INTEREST POLICY EXISTS AND HIS KEPT BY THE EXECUTIVE BOARD AND CAN BE MADE AVAILABLE TO THE PUBLIC UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3OFFICER OR KEY EMPLOYEE COMPENSATION POLICY WAS CREATED BY THE BOARD AND EMPLIMENTED DURING THE HIRING COMMITTEES TASKED WHEN REQUIRED.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4OFFICER OR KEY EMPLOYEE COMPENSATION POLICY WAS CREATED BY THE BOARD AND EMPLIMENTED DURING THE HIRING COMMITTEES TASKED WHEN REQUIRED.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5FORM 990 IS NOT MADE MADE AVAILABLE FOR PUBLIC VIEWING UNLESS PRIOR WRITTEN CONSENT FROM THE BOARD OF DIRECTORS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6THE BOARD WILL MAKE DOCUMENTS AVAILABLE WHEN REQUESTED BY THE PUBLIC VIA BOARD POLICY.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt7FUND BALANCE ADJUSTMENTS
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Amended return information
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990 governing body review Part VI line 11
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Conflict of interest policy compliance Part VI line 12c
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3CEO executive director top management comp Part VI line 15a
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Other officer or key employee compensation Part VI line 15b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5Form 990 availability to public Part VI line 18
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6Governing documents etc available to public Part VI line 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc7Part XI response or note to any line in Part XI
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IRS990/TaxableDistributionsInd0false
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IRS990/TaxExemptBondsInd0false
IRS990/TerminateOperationsInd0false
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IRS990/TotalAssetsGrp/EOYAmt01139417
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IRS990/TotalContributionsAmt01770680
IRS990/TotalEmployeeCnt01818
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IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt00
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt01133541
IRS990/TotalFunctionalExpensesGrp/TotalAmt01133541
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt014273
IRS990/TotalLiabilitiesEOYAmt013763
IRS990/TotalLiabilitiesGrp/BOYAmt014273
IRS990/TotalLiabilitiesGrp/EOYAmt013763
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0488515
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt01125654
IRS990/TotalOtherCompensationAmt00
IRS990/TotalOtherProgSrvcExpenseAmt01133541
IRS990/TotalOtherProgSrvcRevenueAmt01770680
IRS990/TotalProgramServiceExpensesAmt01133541
IRS990/TotalReportableCompFromOrgAmt00
IRS990/TotalRevenueGrp/ExclusionAmt00
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt00
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt01770680
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt0502788
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt01139417
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TransactionWithControlEntInd0false
IRS990/TravelGrp/ProgramServicesAmt088
IRS990/TravelGrp/TotalAmt088
IRS990/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/VotingMembersGoverningBodyCnt02
IRS990/VotingMembersIndependentCnt00
IRS990/WebsiteAddressTxt0WWW.LAKERIDGEHUMANSERVICES.ORG
IRS990/WhistleblowerPolicyInd0true
IRS990/WrittenPolicyOrProcedureInd0false
ReturnHeader/BuildTS02025-03-06 01:10:19Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0EDDIE WHILLIAMS
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PREISDENT
ReturnHeader/BusinessOfficerGrp/PhoneNum02487375532
ReturnHeader/BusinessOfficerGrp/SignatureDt02025-06-13
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0LAKERIDGE VILLAGE INC
ReturnHeader/Filer/BusinessNameControlTxt0LAKE
ReturnHeader/Filer/EIN0204986314
ReturnHeader/Filer/USAddress/AddressLine1Txt015025 FENKLE STREET
ReturnHeader/Filer/USAddress/CityNm0DETROIT
ReturnHeader/Filer/USAddress/StateAbbreviationCd0MI
ReturnHeader/Filer/USAddress/ZIPCd048227
ReturnHeader/IRSResponsiblePrtyInfoCurrInd0true
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0CARTER ADVISORY GROUP INC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt02050 SOUTH BLVD SUITE 33067
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0BLOOMFIELD HILLS
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0MI
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd048303
ReturnHeader/PreparerPersonGrp/PhoneNum08772579201
ReturnHeader/PreparerPersonGrp/PreparationDt02025-07-28
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0KEVIN A CARTER
ReturnHeader/PreparerPersonGrp/SelfEmployedInd0X
ReturnHeader/ReturnTs02025-07-28T17:52:03-04:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02023-10-01
ReturnHeader/TaxPeriodEndDt02024-09-30
ReturnHeader/TaxYr02023

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