SPYGLASS HOMEOWNERS' ASSOCIATION (EIN 237152398) - 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

1971

Legal Domicile

Principal Officer

FRANK AMADOR

Phone

9093993103

Tax Period

2023-09-01 to 2024-08-31

SPYGLASS HOMEOWNERS' ASSOCIATION, founded in 1971, is a community nonprofit in the Housing & Shelter sector that reported $1.0M in total revenue in fiscal year 2023. Revenue grew 19% year-over-year, indicating healthy expansion. The organization ran a surplus of $427K, a strong 42% operating margin.

Mission

THE ASSOCIATION IS RESPONSIBLE FOR THE OPERATION AND MAINTENANCE OF THE COMMON PROPERTY WITHIN THE DEVELOPMENT. THE PRIMARY PURPOSE OF THE ASSOCIATION IS TO MANAGE AND MAINTEAIN THE DESIGNATED SLOPE AREAS.

🔒

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 (2023)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $543,584

Investment Income $469,333

Other Revenue $0

TOTAL REVENUE $1,012,917

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $529,921

Other Expenses $585,961

TOTAL EXPENSES $585,961

Year-over-Year Comparison

	2023	2022	Change
Revenue	$1,012,917	$853,306	+0.2%
Expenses	$585,961	$435,550	+0.3%
Net Income	$426,956	$417,756	+0.0%

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

N/A

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
LIZETTE ESPINOSA	MEMBER AT LA	2.00	Director	$0	$0	$0
FRANK AMADOR	PRESIDENT	2.00	Officer	$0	$0	$0
KEN VAN ORDEN	TREASURER	2.00	Officer	$0	$0	$0
ELIZABETH PITYNSKI	VICE PRESIDE	2.00	Officer	$0	$0	$0
MANUEL URTEAGA	SECRETARY	2.00	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	$1,012,917	$585,961	$10,619,792	$426,956
2023	$853,306	$435,550	$8,598,891	$417,756
2022	$829,303	$474,286	$8,475,322	$355,017
2021	$837,332	$417,540	$10,034,601	$419,792
2020	$824,820	$393,092	$9,736,192	$431,728
2019	$827,135	$411,674	$9,399,422	$415,461

SPYGLASS HOMEOWNERS' ASSOCIATION