H Towne Lake Community Association Inc (EIN 261363151) - 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

2007

Legal Domicile

Phone

9723803548

Tax Period

2024-01-01 to 2024-12-31

H Towne Lake Community Association Inc, founded in 2007, is a community nonprofit in the Housing & Shelter sector that reported $1.9M in total revenue in fiscal year 2024. Revenue decreased 14% compared to the prior year.

Mission

Promotion of social welfare and maintenance of the common areas.

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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 (2024)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $1,415,895

Investment Income $101,402

Other Revenue $367,140

TOTAL REVENUE $1,884,437

Expense Breakdown

Grants Paid $0

Salaries & Benefits $141,235

Fundraising Expenses $0

Program Expenses $1,997,887

Other Expenses $1,856,652

TOTAL EXPENSES $1,997,887

Year-over-Year Comparison

	2024	2023	Change
Revenue	$1,884,437	$2,182,272	-0.1%
Expenses	$1,997,887	$2,240,822	-0.1%
Net Income	$-113,450	$-58,550	+0.9%

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

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
Ramiro Cano Jr	President	5.00	Officer Director	$0	$0	$0
Jerry Folmar	VP	5.00	Officer Director	$0	$0	$0
Cindie Johnson	Treasurer	5.00	Officer Director	$0	$0	$0
Katherine Low	Secretary	5.00	Officer Director	$0	$0	$0
Glenn Dudley	Director	5.00	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
2024	$1,884,437	$1,997,887	$2,674,948	$-113,450
2023	$2,182,272	$2,240,822	$2,705,182	$-58,550
2022	$1,383,072	$1,324,412	$3,025,108	$58,660
2021	$1,381,494	$1,309,810	$2,830,097	$71,684
2020	$1,403,449	$1,059,244	$2,770,522	$344,205
2019	$1,427,424	$1,218,945	$2,385,763	$208,479

H Towne Lake Community Association Inc