Newman Village Homeowners Association (EIN 264828281) - 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

Phone

2143684030

Tax Period

2024-01-01 to 2024-12-31

Newman Village Homeowners Association, founded in 2008, is a community nonprofit in the Housing & Shelter sector that reported $2.4M in total revenue in fiscal year 2024. Revenue surged 22% from the prior year, signaling strong growth momentum.

Mission

To care of association property maintenance of the common areas of the association property for the benefit of the neighborhood.

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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 $2,177,351

Program Service Revenue $0

Investment Income $108,354

Other Revenue $102,279

TOTAL REVENUE $2,387,984

Expense Breakdown

Grants Paid $0

Salaries & Benefits $133,817

Fundraising Expenses $0

Program Expenses $2,437,740

Other Expenses $2,303,923

TOTAL EXPENSES $2,437,740

Year-over-Year Comparison

	2024	2023	Change
Revenue	$2,387,984	$1,954,075	+0.2%
Expenses	$2,437,740	$1,734,996	+0.4%
Net Income	$-49,756	$219,079	-1.2%

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
Mark Kerin	President	2.00	Officer Director	$0	$0	$0
Michael DeMott	Vice President	2.00	Officer Director	$0	$0	$0
Rebecca Elliott	Secretary	2.00	Officer Director	$0	$0	$0
Sharon Medina	Treasurer	2.00	Officer Director	$0	$0	$0
Charles Simon	Director	2.00	Director	$0	$0	$0
James Engelskirchen	Director	2.00	Director	$0	$0	$0
Jeremy Clark	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
2024	$2,387,984	$2,437,740	$3,435,960	$-49,756
2024	$2,387,984	$2,437,740	$3,435,960	$-49,756
2023	$1,954,075	$1,734,996	$3,318,054	$219,079
2022	$1,583,637	$1,160,278	$2,369,410	$423,359
2021	$1,500,899	$1,521,291	$2,161,032	$-20,392

Newman Village Homeowners Association