Nexus Association of Realtors

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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

1997

Legal Domicile

Principal Officer

Vernon Jones

Phone

8564281013

Tax Period

2024-01-01 to 2024-12-31

Nexus Association of Realtors, founded in 1997, is a community nonprofit that reported $2.0M in total revenue in fiscal year 2024. The organization ran a surplus of $350K, a strong 17% operating margin.

Mission

Promote the professionalism and profitability of members in the real estate industry through services, communication, and advocacy.

Program Service Accomplishments

Program 1

Educate members on real estate industry issues through seminars and other programs.

Program 2

Sponsor various recognition programs to honor member achievements.

Program 3

Operate a realtor store offering services and products to members.

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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 $1,379,542

Program Service Revenue $336,061

Investment Income $199,642

Other Revenue $130,444

TOTAL REVENUE $2,045,689

Expense Breakdown

Grants Paid $0

Salaries & Benefits $912,046

Fundraising Expenses $0

Other Expenses $783,188

TOTAL EXPENSES $1,695,234

Year-over-Year Comparison

	2024	2023	Change
Revenue	$2,045,689	$2,057,108	0.0%
Expenses	$1,695,234	$2,027,654	-0.2%
Net Income	$350,455	$29,454	+10.9%

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

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

$216,173

Total Directors

$18,500

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Vernon Jones	CEO	40.00	Officer	$188,736	$8,937	$197,673
Brenda Richmond	Past President	1.00	Officer Director	$1,000	$0	$1,000
Robert Michaud	President Elect	1.00	Officer Director	$5,000	$0	$5,000
David Wyrsch Jr	President	1.00	Officer Director	$10,000	$0	$10,000
Robert Hanson	Treasurer	1.00	Officer Director	$2,500	$0	$2,500
Anthony Balboni	Director	1.00	Director	$0	$0	$0
Mark Cuccuini	Director	1.00	Director	$0	$0	$0
Corinne Geiger	Director	1.00	Director	$0	$0	$0
Deana Fahy-Brown	Director	1.00	Director	$0	$0	$0
Yodimila Langan	Director	1.00	Director	$0	$0	$0
Juanita Brown	Director	1.00	Director	$0	$0	$0
Nicole Sabarese	Director	1.00	Director	$0	$0	$0
Carlo Vitulano	Director	1.00	Director	$0	$0	$0
Nikunj Shah	Director	1.00	Director	$0	$0	$0
Daniel White Jr	Director	1.00	Director	$0	$0	$0
Claudia Jones	Non-Realtor Director	1.00	Director	$0	$0	$0
Keyana West	Director	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	$2,045,689	$1,695,234	$6,371,025	$350,455
2023	$2,057,108	$2,027,654	$5,804,229	$29,454
2022	$2,746,865	$2,043,200	$5,651,224	$703,665
2021	$2,310,774	$1,799,863	$5,718,081	$510,911
2020	$1,812,173	$1,656,863	$5,537,735	$155,310
2019	$1,946,435	$1,759,961	$5,102,826	$186,474