DEVONSHIRE RESIDENTAL ASSOCIATION (EIN 262848332) - 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

2008

Legal Domicile

Principal Officer

RONALD HAYNES

Phone

4694045108

Tax Period

2025-01-01 to 2025-12-31

DEVONSHIRE RESIDENTAL ASSOCIATION, founded in 2008, is a community nonprofit in the Community Improvement sector that reported $3.7M in total revenue in fiscal year 2025. The organization ran a surplus of $672K, a strong 18% operating margin.

Mission

THE MISSION OF THE ORGANIZATION IS TO PROVIDE MAINTENANCE AND SECURITY FOR THE POOL, PLAYGROUND AND COMMON AREAS AND TO PROVIDE LIGHTING FOR THE COMMON AREAS AND THE STREETS.

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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 (2025)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $3,718,539

Investment Income $17,273

Other Revenue $0

TOTAL REVENUE $3,735,812

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $2,497,842

Other Expenses $3,063,535

TOTAL EXPENSES $3,063,535

Year-over-Year Comparison

	2025	2024	Change
Revenue	$3,735,812	$3,770,642	0.0%
Expenses	$3,063,535	$3,285,119	-0.1%
Net Income	$672,277	$485,523	+0.4%

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
RONALD HAYNES	PRESIDENT	2.00	Officer Director	$0	$0	$0
PATSY VANDERVEER	DIRECTOR	2.00	Director	$0	$0	$0
ANDREW WILKENS	DIRECTOR	2.00	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
2025	$3,735,812	$3,063,535	$1,789,159	$672,277
2024	$3,770,642	$3,285,119	$1,009,657	$485,523
2023	$2,244,141	$2,555,162	$534,307	$-311,021
2022	$1,758,315	$1,756,752	$762,078	$1,563
2021	$1,563,451	$1,414,171	$784,462	$149,280
2020	$1,171,862	$1,058,833	$603,216	$113,029
2019	$1,148,491	$1,057,903	$424,865	$90,588

DEVONSHIRE RESIDENTAL ASSOCIATION