FARMGATE HOMEOWNERS ASSOCIATIONINC (EIN 237248942) - 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

1972

Legal Domicile

Principal Officer

ANNE RAY

Phone

5022393399

Tax Period

2022-01-01 to 2022-12-31

FARMGATE HOMEOWNERS ASSOCIATIONINC, founded in 1972, is a micro nonprofit that reported $41K in total revenue in fiscal year 2022. Revenue grew 19% year-over-year, indicating healthy expansion.

Mission

PROVIDING NECESSARY SERVICES TO HOMEOWNERS IN THE COMMUNITY AS SET FORTH IN THE BYLAWS, BY PROVIDING MAINTENACE SERVICES, SECURITY, UTILITIES, ETC FOR COMMON AREAS, THROUGH A ROAD FUND, STREET LIGHTS, DRAINAGE & CIVIC FUNCTIONS FOR THE HOMEOWNERS IN THE COMMUNITY

🔒

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 (2022)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $38,934

Investment Income $1,878

Other Revenue $0

TOTAL REVENUE $40,812

Expense Breakdown

Grants Paid $0

Salaries & Benefits $1,740

Fundraising Expenses $0

Program Expenses $40,618

Other Expenses $38,878

TOTAL EXPENSES $40,618

Year-over-Year Comparison

	2022	2021	Change
Revenue	$40,812	$34,250	+0.2%
Expenses	$40,618	$35,320	+0.2%
Net Income	$194	$-1,070	-1.2%

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

$1,740

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
RODNEY ZELLER	PRESIDENT	1.00	Officer	$0	$0	$0
JOAN WILLINGER	VICE PRESIDE	1.00	Officer	$0	$0	$0
ANNE RAY	SECRETARY/ T	1.00	Officer	$1,740	$0	$1,740

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
2022	$40,812	$40,618	$70,840	$194
2021	$34,250	$35,320	$70,646	$-1,070
2020	$31,226	$33,458	$71,076	$-2,232

FARMGATE HOMEOWNERS ASSOCIATIONINC