MALLARDS LANDING ASSOCIATION (EIN 020368906) - Form 990 Financial Analysis & Trantor Score

🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Financial Trends

Organization Details

Formation Year

1984

Legal Domicile

Principal Officer

JEREMY GASSMAN

Phone

9782736820

Tax Period

2024-01-01 to 2024-12-31

MALLARDS LANDING ASSOCIATION, founded in 1984, is a small nonprofit that reported $363K in total revenue in fiscal year 2024. Revenue surged 22% from the prior year, signaling strong growth momentum. The organization ran a surplus of $90K, a strong 25% operating margin.

Mission

RECREATION AND OTHER SERVICES INCLUDING THE PROMOTION OF THE SOCIAL WELFARE OF OUR 129 MEMBERS.

🔒

Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

Sign in to view Trantor Score and financial metrics

Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $302,354

Investment Income $34,371

Other Revenue $26,403

TOTAL REVENUE $363,128

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Other Expenses $273,376

TOTAL EXPENSES $273,376

Year-over-Year Comparison

	2024	2023	Change
Revenue	$363,128	$297,742	+0.2%
Expenses	$273,376	$262,108	+0.0%
Net Income	$89,752	$35,634	+1.5%

Key Indicators

✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✗ Schedule B Required

🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Governance

Voting Members

Independent Members

Employees

N/A

Volunteers

Governance Policies

✗ Conflict of Interest Policy

✗ Whistleblower Policy

✗ Document Retention Policy

Special Practices & Reported Activities

✗ Operated a School

✗ Operated a Hospital

✗ Provided First Class Travel

✗ Reported Conflict of Interest

✗ Reported Asset Diversion

✗ Excess Benefit Transaction

✗ Made Political Expenditures

✗ Engaged in Lobbying

✗ Operated Donor Advised Fund

✗ Maintained Art Collections

✗ Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
ERIC CARLSON	DOCKS/MOORINGS	5.00	Officer Director	$0	$0	$0
PATRICK DUBREUIL	PRESIDENT (THRU JULY 2024)	5.00	Officer Director	$0	$0	$0
GERALD FRANSEN	SITES	5.00	Officer Director	$0	$0	$0
JEREMY GASSMAN	PRESIDENT	5.00	Officer Director	$0	$0	$0
SANDY GAUMOND	RECREATION	5.00	Officer Director	$0	$0	$0
GINGER GENDROM	VICE PRESIDENT	5.00	Officer Director	$0	$0	$0
THOMAS GRASSI	TREASURER	5.00	Officer Director	$0	$0	$0
GREG HEAL	MAINTENANCE	5.00	Officer Director	$0	$0	$0
BETH KELLY	ASST. TREASURER (THRU JULY 2024)	5.00	Officer Director	$0	$0	$0
JOANNE NELSON	ASSISTANT TREASURER	5.00	Officer Director	$0	$0	$0
SUSAN ST GERMAIN	SECRETARY	5.00	Officer Director	$0	$0	$0
DAVID ZIMMERMAN	MAINTENANCE (THRU JULY 2024)	5.00	Officer Director	$0	$0	$0

Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year	Revenue	Expenses	Assets	Net Income
2024	$363,128	$273,376	$2,568,359	$89,752
2023	$297,742	$262,108	$2,449,158	$35,634
2022	$288,750	$243,979	$2,401,972	$44,771
2021	$282,489	$243,041	$2,366,972	$39,448
2020	$301,188	$273,755	$2,343,996	$27,433
2019	$353,723	$253,992	$2,324,402	$99,731
2018	$363,129	$253,784	$2,238,289	$109,345

MALLARDS LANDING ASSOCIATION