EDGE-O-LAKE VILLAGE ASSOCIATION INC (EIN 222566854) - Form 990 Financial Analysis & Trantor Score

🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Financial Trends

Organization Details

Formation Year

1985

Legal Domicile

Principal Officer

David S Rembis

Phone

9785210011

Tax Period

2024-07-01 to 2025-06-30

EDGE-O-LAKE VILLAGE ASSOCIATION INC, founded in 1985, is a micro nonprofit that reported $74K in total revenue in fiscal year 2024. Expenses of $67K left a modest 10% surplus.

Mission

THE ORGANIZATION PROVIDES DOCKS AND FACILITIES USAGE TO ITS MEMBERS ON A FEE BASIS

🔒

Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

Sign in to view Trantor Score and financial metrics

Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $65,200

Investment Income $2,072

Other Revenue $7,166

TOTAL REVENUE $74,438

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Other Expenses $67,069

TOTAL EXPENSES $67,069

Year-over-Year Comparison

	2024	2023	Change
Revenue	$74,438	$72,227	+0.0%
Expenses	$67,069	$47,145	+0.4%
Net Income	$7,369	$25,082	-0.7%

Key Indicators

✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✗ Schedule B Required

🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Governance

Voting Members

Independent Members

Employees

N/A

Volunteers

N/A

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

$3,200

Total Directors

$3,200

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
David Rembis	Treasurer	002.00	Officer Director	$2,000	$0	$2,000
Debra Lemay	Secretary	002.00	Officer Director	$1,200	$0	$1,200
Ryan McLaughlin	President	002.00	Officer Director	$0	$0	$0
Bryan Pemberton	Vice President	002.00	Officer Director	$0	$0	$0
Leann McLaughlin	Director	002.00	Director	$0	$0	$0
James Rembis	Director	002.00	Director	$0	$0	$0
Tracy Clark	Director	002.00	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
2025	$74,438	$67,069	$246,740	$7,369
2024	$72,227	$47,145	$239,371	$25,082
2023	$72,514	$63,886	$214,289	$8,628
2022	$60,018	$57,138	$205,661	$2,880
2021	$56,950	$51,920	$202,781	$5,030
2020	$54,808	$59,432	$197,751	$-4,624
2019	$70,284	$63,166	$202,375	$7,118

EDGE-O-LAKE VILLAGE ASSOCIATION INC