SOLANA RIDGE HOMEOWNER ASSOCIATION

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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

2005

Principal Officer

MARCO ANTONIO ELIZONDO

Phone

2104854088

Tax Period

2023-01-01 to 2023-12-31

SOLANA RIDGE HOMEOWNER ASSOCIATION, founded in 2005, is a small nonprofit in the Housing & Shelter sector that reported $674K in total revenue in fiscal year 2023. Revenue grew 14% year-over-year, indicating healthy expansion. The organization ran a surplus of $131K, a strong 19% operating margin.

Mission

THE MISSION OF THE ORGANIZATION IS TO PROVIDE MAINTENANCE FOR THE COMMON AREAS IN THE COMMUNITY.

Program Service Accomplishments

Program 1

Expenses: $405,853 Revenue: $673,077

THE MISSION OF THE ORGANIZATION IS TO PROVIDE MAINTENANCE FOR THE COMMON AREAS IN THE 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 (2023)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $673,077

Investment Income $1,160

Other Revenue $0

TOTAL REVENUE $674,237

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $405,853

Other Expenses $542,914

TOTAL EXPENSES $542,914

Year-over-Year Comparison

	2023	2022	Change
Revenue	$674,237	$589,496	+0.1%
Expenses	$542,914	$426,692	+0.3%
Net Income	$131,323	$162,804	-0.2%

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
MARCO ANTONIO ELIZONDO	PRESIDENT	2.00	Officer Director	$0	$0	$0
FREDY GUZMAN	MEMBER AT LA	2.00	Director	$0	$0	$0
ADAM MENDOZA	VICE PRESIDE	2.00	Officer Director	$0	$0	$0
THERESA MOORE	MEMBER AT LA	2.00	Director	$0	$0	$0
LUIS ZAMORA	MEMBER AT LA	2.00	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
2024	No data	No data	No data	No data
2023	$674,237	$542,914	$750,000	$131,323
2022	$589,496	$426,692	$703,927	$162,804