Andover, CT
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)Andover Lake Property Owners Association Inc, founded in 1935, is a small nonprofit that reported $157K in total revenue in fiscal year 2023. The organization ran a surplus of $30K, a strong 19% operating margin.
The Andover Lake Property Owners' Association's primary mission is the conservation and preservation of the pristine condition of Andover Lake, its beach and surrounding areas and the dissemination of scientific information to the community regarding the lake's health.
Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency
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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)
Sign In — Free (10 views/day)| 2023 | 2022 | Change | |
|---|---|---|---|
| Revenue | $156,511 | $146,408 | +0.1% |
| Expenses | $126,340 | $138,949 | -0.1% |
| Net Income | $30,171 | $7,459 | +3.0% |
Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics
Financial Distress Indicator
Liquidity & Cash Position
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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics
Sign In| Name | Title | Hours/Week | Role | Reportable Comp | Other Comp | Total |
|---|---|---|---|---|---|---|
| Michael Burke | President | 4.00 |
Officer
Director
|
$0 | $0 | $0 |
| Linda Chambers | Treasurer | 3.00 |
Officer
Director
|
$0 | $0 | $0 |
| Stacey Kaufman | Secretary | 2.00 |
Officer
Director
|
$0 | $0 | $0 |
| Marge Koczka | Asst. Treasurer | 1.00 |
Officer
Director
|
$0 | $0 | $0 |
| Lucie Wilson | Director | 1.00 |
Director
|
$0 | $0 | $0 |
| Wendy Kopp to 2024 | Director | 1.00 |
Director
|
$0 | $0 | $0 |
| Eric Berry | Director | 1.00 |
Director
|
$0 | $0 | $0 |
| Anna Glowacki | Director | 1.00 |
Director
|
$0 | $0 | $0 |
| Charlotte Nelson | Director | 1.00 |
Director
|
$0 | $0 | $0 |
| Nicholas Clark to 2024 | Director | 1.00 |
Director
|
$0 | $0 | $0 |
| James Tilden-Bailey from 2024 | Director | 1.00 |
Director
|
$0 | $0 | $0 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2024 | $156,511 | $126,340 | $922,189 | $30,171 |
| 2023 | $146,408 | $138,949 | $751,248 | $7,459 |
| 2022 | $154,658 | $126,781 | $677,317 | $27,877 |
| 2021 | $175,810 | $97,369 | $791,681 | $78,441 |
| 2020 | $117,944 | $87,874 | $651,151 | $30,070 |
| 2019 | $98,284 | $87,200 | $603,705 | $11,084 |
| 2018 | $117,242 | $86,473 | $578,410 | $30,769 |
Compare Andover Lake Property Owners Association Inc with other nonprofits in Connecticut and across the country.