HORNELL ASSOCIATION INC (EIN 160559080) - Form 990 Financial Analysis & Trantor Score

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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year

1987

Legal Domicile

Principal Officer

AARON EICHER

Phone

6073240206

Tax Period

2024-04-01 to 2025-03-31

HORNELL ASSOCIATION INC, founded in 1987, is a small nonprofit that reported $381K in total revenue in fiscal year 2024. Revenue grew 16% year-over-year, indicating healthy expansion.

Mission

TO FOSTER THE RELATIONSHIP AND SUPPORT OF APPROX 1070 MEMBERS THROUGH THE OPERATION OF THE BUILDING FOR YEAR ROUND RECREATION ALONG WITH THE SPONSORSHIP OF COMMUNITY EVENTS AND LOCAL YMCA PROGRAMS

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Trantor Score

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

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

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $15,857

Program Service Revenue $317,126

Investment Income $6,045

Other Revenue $41,506

TOTAL REVENUE $380,534

Expense Breakdown

Grants Paid $0

Salaries & Benefits $170,902

Fundraising Expenses $0

Program Expenses $372,289

Other Expenses $201,387

TOTAL EXPENSES $372,289

Year-over-Year Comparison

	2024	2023	Change
Revenue	$380,534	$326,956	+0.2%
Expenses	$372,289	$385,805	0.0%
Net Income	$8,245	$-58,849	-1.1%

Key Indicators

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

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Financial Health Indicators

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

Governance

Voting Members

Independent Members

Employees

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

$1,500

Total Directors

$1,500

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
AARON EICHER	Treasurer	015.00	Officer Director	$1,500	$0	$1,500
STEVE FOSTER	President	015.00	Officer Director	$0	$0	$0
CHRIS FRANCE	Vice-President	015.00	Officer Director	$0	$0	$0
WILLIAM COLEMAN	Secretary	015.00	Officer Director	$0	$0	$0
JEFF OYER	DIRECTOR	005.00	Director	$0	$0	$0
MIKE PORTER	DIRECTOR	005.00	Director	$0	$0	$0
STEVE CONWAY	DIRECTOR	005.00	Director Key Emp	$0	$0	$0
MARY ANN EIBBS	DIRECTOR	005.00	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
2025	$380,534	$372,289	$378,509	$8,245
2024	$326,956	$385,805	$370,264	$-58,849
2023	$326,408	$337,108	$429,113	$-10,700
2022	$387,814	$277,610	$439,813	$110,204
2021	$244,456	$189,747	$360,229	$54,709
2020	$270,513	$287,319	$278,952	$-16,806
2019	$314,972	$286,174	$305,918	$28,798
2018	$294,564	$288,363	$288,784	$6,201

HORNELL ASSOCIATION INC