SPRING CREEK TRACT ASSOCIATION (EIN 237258602) - 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

1954

Legal Domicile

Principal Officer

MICHAEL TUCKER

Phone

5305447687

Tax Period

2024-06-01 to 2025-05-31

SPRING CREEK TRACT ASSOCIATION, founded in 1954, is a small nonprofit that reported $234K in total revenue in fiscal year 2024. Revenue surged 169% from the prior year, signaling strong growth momentum. Expenses of $359K exceeded revenue, resulting in a 54% operating deficit.

Mission

THE ASSOCIATION MAINTAINS, REPAIRS AND REPLACES COMMON AREA PROPERTY AND PROVIDES MANAGEMENT AND COMMUNITY SERVICES FOR THE COMMON AREA PROPERTY OF THE MEMBERS OF THE ASSOCIATION.

🔒

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 (2024)

Revenue Breakdown

Contributions & Grants $114,060

Program Service Revenue $103,364

Investment Income $16,230

Other Revenue $0

TOTAL REVENUE $233,654

Expense Breakdown

Grants Paid $0

Salaries & Benefits $6,000

Fundraising Expenses $0

Program Expenses $350,408

Other Expenses $353,152

TOTAL EXPENSES $359,152

Year-over-Year Comparison

	2024	2023	Change
Revenue	$233,654	$86,951	+1.7%
Expenses	$359,152	$260,510	+0.4%
Net Income	$-125,498	$-173,559	-0.3%

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

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

$6,000

Total Directors

$6,000

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
MICHAEL TUCKER	PRESIDENT	5.00	Officer Director	$0	$0	$0
VICKI FOGEL MYKLES	VICE PRESIDE	5.00	Officer Director	$0	$0	$0
LAURIE MUSCHEL	CFO	5.00	Officer Director	$0	$0	$0
KATHRYN HOLDEN	TREASURER	10.00	Officer Director	$6,000	$0	$6,000

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	$233,654	$359,152	$3,467,183	$-125,498
2024	$86,951	$260,510	$3,560,132	$-173,559
2023	$287,548	$270,491	$3,729,840	$17,057
2022	$181,530	$261,473	$3,713,617	$-79,943
2021	$177,089	$265,685	$3,793,560	$-88,596
2020	$73,299	$328,532	$4,341,046	$-255,233
2019	$805,833	$227,842	$3,597,942	$577,991

SPRING CREEK TRACT ASSOCIATION