EV HOMEOWNERS ASSOCIATION INC

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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

AARON ALFORD

Phone

2812512292

Tax Period

2025-01-01 to 2025-12-31

EV HOMEOWNERS ASSOCIATION INC, founded in 2008, is a small nonprofit that reported $286K in total revenue in fiscal year 2025.

Mission

TO PROVIDE FOR THE HELTH SAFETY AND WELFARE OF THE COMMUNITY

Program Service Accomplishments

Program 1

Expenses: $194,717

THE ASSOCIATION PROVIDES SERVICES TO THE COMMUNITY TO PROMOTE THE HEALTH, SAFETY AND WELFARE OF THE COMMUNITY AT LARGE MUCH LIKE A QUASI GOVERNMENTAL UNIT

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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 $233,287

Program Service Revenue $0

Investment Income $608

Other Revenue $52,300

TOTAL REVENUE $286,195

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $194,717

Other Expenses $278,595

TOTAL EXPENSES $278,595

Year-over-Year Comparison

	2025	2024	Change
Revenue	$286,195	N/A	N/A
Expenses	$278,595	N/A	N/A
Net Income	$7,600	N/A	N/A

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	Role	Reportable Comp	Other Comp	Total
AARON ALFORD	PRESIDENT	Officer	$0	$0	$0
ANDREW RUE	SECRETARY	Officer	$0	$0	$0
JUSTIN JONES	VICE PRESIDENT	Officer	$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	$286,195	$278,595	$298,679	$7,600
2024	$273,749	$228,248	$286,665	$45,501
2023	$229,786	$227,875	$230,265	$1,911
2022	$226,579	$200,676	$218,969	$25,903
2021	$215,555	$162,164	$190,811	$53,391