SILVERLEAF RESIDENTIAL ASSOCIATION INC

EIN: 208847952 Community Improvement

RICHARDSON, TX

Total Revenue
$116,132
Total Expenses
$104,216
Total Assets
$50,747
Net Assets
$27,911
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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
2007
Legal Domicile
TX
Principal Officer
ELIDIA SUCHOMEL
Phone
8008084882
Tax Period
2024-01-01 to 2024-12-31

SILVERLEAF RESIDENTIAL ASSOCIATION INC, founded in 2007, is a small nonprofit in the Community Improvement sector that reported $116K in total revenue in fiscal year 2024. Revenue surged 24% from the prior year, signaling strong growth momentum. Expenses of $104K left a modest 10% surplus.

Mission

TO PROVIDE MAINTENANCE AND PRESERVATION TO THE COMMON AREAS WHICH BENEFITS THE COMMUNITY AND THE PUBLIC AT LARGE.

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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%)

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $0
Program Service Revenue $0
Investment Income $89
Other Revenue $116,043
TOTAL REVENUE $116,132

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $0
Other Expenses $104,216
TOTAL EXPENSES $104,216

Year-over-Year Comparison

2024 2023 Change
Revenue $116,132 $93,413 +0.2%
Expenses $104,216 $81,647 +0.3%
Net Income $11,916 $11,766 +0.0%
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

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Governance

Voting Members
3
Independent Members
N/A
Employees
N/A
Volunteers
3

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
3
$0
Total Directors
0
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
ELIDIA SUCHOMEL PRESIDENT 1.00
Officer
$0 $0 $0
BRADLEY BROWN VICE-PRESIDENT 1.00
Officer
$0 $0 $0
CHRIS TEAPE SECRETARY 1.00
Officer
$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 $116,132 $104,216 $50,747 $11,916
2023 $93,413 $81,647 No data $11,766
2022 $85,580 $86,153 No data $-573
2021 $75,045 $84,837 No data $-9,792
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