Brookwood Musconetcong River Property Owners Assn (EIN 226065318) - 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

1953

Legal Domicile

Principal Officer

Masoud Joudi

Phone

9733471040

Tax Period

2024-05-01 to 2025-04-30

Brookwood Musconetcong River Property Owners Assn, founded in 1953, is a small nonprofit that reported $442K in total revenue in fiscal year 2024. Revenue surged 34% from the prior year, signaling strong growth momentum. The organization ran a surplus of $115K, a strong 26% operating margin.

Mission

The organization promotes social/recreational interests and the general welfare of its members with social events/beautification of the common grounds. It also provides metered water service, it maintains the water system and tests/monitors the water quality to 420 families.

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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 $11,625

Program Service Revenue $319,161

Investment Income $1,734

Other Revenue $109,620

TOTAL REVENUE $442,140

Expense Breakdown

Grants Paid $0

Salaries & Benefits $72,114

Fundraising Expenses $0

Program Expenses $238,876

Other Expenses $255,011

TOTAL EXPENSES $327,125

Year-over-Year Comparison

	2024	2023	Change
Revenue	$442,140	$329,049	+0.3%
Expenses	$327,125	$334,427	0.0%
Net Income	$115,015	$-5,378	-22.4%

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

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
Janice Drace	Governor	6.00	Director	$0	$0	$0
David Wink	Governor	6.00	Director	$0	$0	$0
Barbara Kostiuk	Governor	6.00	Director	$0	$0	$0
Justin Fusco	Governor	6.00	Director	$0	$0	$0
Robert Zimmerman	Governor	6.00	Director	$0	$0	$0
Masoud Joudi	President	6.00	Officer	$0	$0	$0
Ignacio Ciresi	V President	6.00	Officer	$0	$0	$0
Andrew Wilson	Treasurer	6.00	Officer	$0	$0	$0
David Pinkham	Secretary	6.00	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
2025	$442,140	$327,125	$1,025,605	$115,015
2024	$329,049	$334,427	$890,941	$-5,378
2023	$234,422	$299,061	$897,004	$-64,639
2022	$245,475	$352,210	$1,027,452	$-106,735
2021	$277,948	$303,203	$1,200,818	$-25,255
2020	$283,374	$300,733	$1,285,669	$-17,359
2019	$282,500	$297,071	$1,365,936	$-14,571

Brookwood Musconetcong River Property Owners Assn