THE EAST GATE II HOMES ASSOCIATION INC CO SUMMIT MANAGEMENT (EIN 237293416) - 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

1971

Phone

3012444700

Tax Period

2021-01-01 to 2021-12-31

THE EAST GATE II HOMES ASSOCIATION INC CO SUMMIT MANAGEMENT, founded in 1971, is a small nonprofit that reported $175K in total revenue in fiscal year 2021. Expenses of $233K exceeded revenue, resulting in a 33% operating deficit.

Mission

MAINTENANCE AND MANAGEMENT OF THE HOMEOWNERS' ASSOCIATION

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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 (2021)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $171,802

Investment Income $3,350

Other Revenue $0

TOTAL REVENUE $175,152

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $232,783

Other Expenses $232,783

TOTAL EXPENSES $232,783

Year-over-Year Comparison

	2021	2020	Change
Revenue	$175,152	$175,804	0.0%
Expenses	$232,783	$91,952	+1.5%
Net Income	$-57,631	$83,852	-1.7%

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

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
TOM BOYCE	President	1.00	Director	$0	$0	$0
MIKE O'MALLEY	Vice President	1.00	Director	$0	$0	$0
PAUL HILLSTROM	Treasurer	1.00	Director	$0	$0	$0
ANN HOWARD	Director	1.00	Director	$0	$0	$0
HEATHER EGGERSTORFER	Director	1.00	Director	$0	$0	$0
HELEN DALTON	Director	1.00	Director	$0	$0	$0
FRANCIS FREISINGER	Director	1.00	Director	$0	$0	$0
CHRISTIAN MALONE	Director	1.00	Director	$0	$0	$0
AJAY GOEL	Director	1.00	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
2021	$175,152	$232,783	$622,325	$-57,631
2020	$175,804	$91,952	$666,388	$83,852

THE EAST GATE II HOMES ASSOCIATION INC CO SUMMIT MANAGEMENT