QUAIL RIDGE HOMEOWNERS ASSOCATION (EIN 043101024) - 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

1990

Legal Domicile

Principal Officer

RON HORNUNG

Phone

5082221220

Tax Period

2024-01-01 to 2024-12-31

QUAIL RIDGE HOMEOWNERS ASSOCATION, founded in 1990, is a community nonprofit that reported $1.2M in total revenue in fiscal year 2024. Revenue surged 238% from the prior year, signaling strong growth momentum. Expenses of $1.3M exceeded revenue, resulting in a 11% operating deficit.

Mission

MANAGE SEWER SYSTEM FOR HOMEOWNER'S ASSOCIATION.

🔒

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 $1,096,918

Program Service Revenue $0

Investment Income $83,197

Other Revenue $0

TOTAL REVENUE $1,180,115

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $1,292,175

Other Expenses $1,309,183

TOTAL EXPENSES $1,309,183

Year-over-Year Comparison

	2024	2023	Change
Revenue	$1,180,115	$348,653	+2.4%
Expenses	$1,309,183	$338,886	+2.9%
Net Income	$-129,068	$9,767	-14.2%

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

N/A

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
LEONARD DOMBA	PRESIDENT	N/A	Officer Director	$0	$0	$0
ELLEN LIAO	CLERK	N/A	Officer Director	$0	$0	$0
ARTI MEHTO	DIRECTOR	N/A	Director	$0	$0	$0
SWATI SINHA	DIRECTOR	N/A	Director	$0	$0	$0
GREGORY SYDNEY	TREASURER	N/A	Officer Director	$0	$0	$0
RON HORNUNG	MANAGING AGE	N/A		$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	$1,180,115	$1,309,183	$28,117	$-129,068
2023	$348,653	$338,886	$1,131,755	$9,767
2022	$344,947	$334,729	$1,051,764	$10,218
2021	$369,262	$319,992	$1,195,310	$49,270
2020	$334,801	$319,672	$1,131,115	$15,129
2019	$289,379	$230,503	$1,078,555	$58,876
2018	$253,502	$178,248	$971,982	$75,254

QUAIL RIDGE HOMEOWNERS ASSOCATION