MT GLEN LAKES ASSOCIATION INC (EIN 222455728) - 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

2007

Legal Domicile

Phone

9736701535

Tax Period

2023-01-01 to 2023-12-31

MT GLEN LAKES ASSOCIATION INC, founded in 2007, is a micro nonprofit that reported $89K in total revenue in fiscal year 2023. The organization ran a surplus of $36K, a strong 41% operating margin.

Mission

Promote the health and general welfare of the membership residing there in and facilitated adequate provision for the water supply sewerage disposal educational facilities an other public requirements.

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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 $85,532

Program Service Revenue $0

Investment Income $3,137

Other Revenue $275

TOTAL REVENUE $88,944

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $0

Other Expenses $52,898

TOTAL EXPENSES $52,898

Year-over-Year Comparison

	2023	2022	Change
Revenue	$88,944	$82,753	+0.1%
Expenses	$52,898	$66,215	-0.2%
Net Income	$36,046	$16,538	+1.2%

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

N/A

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
Michele Hammell	President	2.00	Officer	$0	$0	$0
Robert Klein	Vice President	2.00	Officer	$0	$0	$0
Patrice Ost	Treasurer	2.00	Officer	$0	$0	$0
Diane Fisher	Secretary	2.00	Officer	$0	$0	$0
Stephanie Stofko	Board Member	1.00	Director	$0	$0	$0
Wanda Steinfeld	Board Member	1.00	Director	$0	$0	$0
Ken Bergen	Board Member	1.00	Director	$0	$0	$0
Chuck Cooper	Board Member	1.00	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	$88,944	$52,898	$561,108	$36,046
2022	$82,753	$66,215	$525,062	$16,538
2021	$54,971	$136,341	$508,524	$-81,370
2020	$61,337	$44,414	$589,894	$16,923
2019	$55,199	$39,650	$572,971	$15,549

MT GLEN LAKES ASSOCIATION INC