New Forest Homeowners Association (EIN 201078212) - 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

2003

Legal Domicile

Phone

5125027045

Tax Period

2024-01-01 to 2024-12-31

New Forest Homeowners Association, founded in 2003, is a small nonprofit in the Community Improvement sector that reported $492K in total revenue in fiscal year 2024. Revenue decreased 5% compared to the prior year. The organization ran a surplus of $119K, a strong 24% operating margin.

Mission

TO MAINTAIN COMMON AREAS, ESPLANADES, REC/PARK AREA AND LANDSCAPING - ALL BENEFITING THE ENTIRE COMMUNITY.

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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 $0

Program Service Revenue $476,367

Investment Income $15,398

Other Revenue $0

TOTAL REVENUE $491,765

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $197,128

Other Expenses $372,926

TOTAL EXPENSES $372,926

Year-over-Year Comparison

	2024	2023	Change
Revenue	$491,765	$519,323	-0.1%
Expenses	$372,926	$561,812	-0.3%
Net Income	$118,839	$-42,489	-3.8%

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

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
Edward Baldridge	Director	2.00	Director	$0	$0	$0
James White	Director	2.00	Director	$0	$0	$0
Don Nesbit	VP	2.00	Officer Director	$0	$0	$0
John Jones	President	2.00	Officer Director	$0	$0	$0
Osborne Williams	Secretary	2.00	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
2025	No data	No data	No data	No data
2024	$491,765	$372,926	$446,008	$118,839
2023	$519,323	$561,812	$719,428	$-42,489
2022	$429,031	$426,212	$793,088	$2,819
2021	$349,034	$305,693	$778,792	$43,341
2020	$358,378	$245,677	$714,160	$112,701
2019	$330,170	$431,272	$684,251	$-101,102
2018	$338,887	$280,508	$949,254	$58,379
2017	$63,748	$273,256	$527,834	$-209,508

New Forest Homeowners Association