Elan MewsRoyal Court Homeowners As… - Form 990 Financial Data

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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

1972

Legal Domicile

Principal Officer

Binod Gupta

Phone

7035695797

Tax Period

2023-01-01 to 2023-12-31

Elan MewsRoyal Court Homeowners Association, founded in 1972, is a small nonprofit that reported $299K in total revenue in fiscal year 2023. Revenue grew 10% year-over-year, indicating healthy expansion. The organization ran a surplus of $58K, a strong 20% operating margin.

Mission

Maintenance of commonly owned property.

Program Service Accomplishments

Program 1

Expenses: $156,260 Revenue: $299,259

The Association was organized to collectively maintain and preserve the commonly owned property for the pleasure and benefit of the general public.

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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 (2023)

Revenue Breakdown

Contributions & Grants $280,652

Program Service Revenue $0

Investment Income $18,607

Other Revenue $0

TOTAL REVENUE $299,259

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $156,260

Other Expenses $240,823

TOTAL EXPENSES $240,823

Year-over-Year Comparison

	2023	2022	Change
Revenue	$299,259	$272,459	+0.1%
Expenses	$240,823	$260,957	-0.1%
Net Income	$58,436	$11,502	+4.1%

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

N/A

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
Binod Gupta	President/As Needed	N/A	Officer	$0	$0	$0
Alexander Thezan	Vice Pres/As Needed	N/A	Officer	$0	$0	$0
Daniel Khaw	Treas/As Needed	N/A	Officer	$0	$0	$0
Ann DeHaven	Secretary/As Needed	N/A	Officer	$0	$0	$0
Derrick Petit	Director/As Needed	N/A	Director	$0	$0	$0
Alexandra Sloan	Director/As Needed	N/A	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	No data	No data	No data	No data
2023	$299,259	$240,823	$583,412	$58,436
2022	$272,459	$260,957	$514,113	$11,502
2021	$277,987	$252,414	$505,542	$25,573

Elan MewsRoyal Court Homeowners Association