HEARTLAND COMMUNITY ASSOCIATION INC (EIN 204261457) - 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

2013

Legal Domicile

Principal Officer

TERRY BASCHER

Phone

4809217500

Tax Period

2024-01-01 to 2024-12-31

HEARTLAND COMMUNITY ASSOCIATION INC, founded in 2013, is a community nonprofit in the Housing & Shelter sector that reported $3.4M in total revenue in fiscal year 2024. Revenue grew 11% year-over-year, indicating healthy expansion. The organization ran a surplus of $616K, a strong 18% operating margin.

Mission

TO PROVIDE THE UPKEEP, LANDSCAPING, UTILITIES, WATER AND STREETLIGHTS FOR THE COMMON AREAS AND POOL OF 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 (2024)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $3,337,262

Investment Income $59,573

Other Revenue $3,205

TOTAL REVENUE $3,400,040

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $2,480,638

Other Expenses $2,783,972

TOTAL EXPENSES $2,783,972

Year-over-Year Comparison

	2024	2023	Change
Revenue	$3,400,040	$3,069,652	+0.1%
Expenses	$2,783,972	$2,712,064	+0.0%
Net Income	$616,068	$357,588	+0.7%

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
TERRY BASCHER	PRESIDENT	2.00	Officer Director	$0	$0	$0
MARK EDGREN	VICE PRESIDE	2.00	Officer Director	$0	$0	$0
AYSHA JOHNSON	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
2024	$3,400,040	$2,783,972	$2,689,652	$616,068
2023	$3,069,652	$2,712,064	$1,976,082	$357,588
2022	$2,698,286	$2,447,395	$1,592,271	$250,891
2021	$2,102,920	$1,884,760	$1,367,913	$218,160
2020	$1,652,686	$1,617,786	$1,098,624	$34,900

HEARTLAND COMMUNITY ASSOCIATION INC