MICA BAY PROPERTY OWNERS ASSOCIATI… - Form 990 Financial Data

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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

2002

Legal Domicile

Phone

2087652835

Tax Period

2020-01-01 to 2020-12-31

MICA BAY PROPERTY OWNERS ASSOCIATION, founded in 2002, is a micro nonprofit that reported $35 in total revenue in fiscal year 2020. Revenue fell 97% from the prior year — a significant decline worth monitoring. Expenses of $820 exceeded revenue, resulting in a 2243% operating deficit.

Mission

THE ORGANZATION'S MISSION IS TO PROTECT THE WATERS AND WATERSHED OF MICA BAY ON LAKE COEUR D'ALENE. WE STRIVE TO PREPARE AND ENHANCE THE AESTHETIC AND RECREATIONAL VALUES OF THE WATERS, SHORELINE AND ADJACENT LANDS TO MICA BAY. WE STRIVE TO PROTECT THE PROPERTY VALUES OF MICA BAY AND TO REMEDIATE AND REPAIR THE DAMAGES.

Program Service Accomplishments

Program 1

Expenses: $28

DURING THE CURRENT YEAR, THE ORGANIZATION CONTINUED TO PURSUE GRANT OPPORTUNITIES TO REPAIR THE DAMAGE THAT HAS BEEN DONE TO MICA BAY IN THE RECENT PAST. IT WAS SUCCESSFUL IN FULFILLING ITS TAX...

DURING THE CURRENT YEAR, THE ORGANIZATION CONTINUED TO PURSUE GRANT OPPORTUNITIES TO REPAIR THE DAMAGE THAT HAS BEEN DONE TO MICA BAY IN THE RECENT PAST. IT WAS SUCCESSFUL IN FULFILLING ITS TAX EXEMPT PURPOSE BY WORKING WITH AGENCIES TO DREDGE A PORTION OF THE LAKE THAT HAD BEEN DAMAGED.

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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 (2020)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $0

Investment Income $35

Other Revenue $0

TOTAL REVENUE $35

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $28

Other Expenses $820

TOTAL EXPENSES $820

Year-over-Year Comparison

	2020	2019	Change
Revenue	$35	$1,044	-1.0%
Expenses	$820	$30,520	-1.0%
Net Income	$-785	$-29,476	-1.0%

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
Edward Leach	Secretary	2.00	Officer Director	$0	$0	$0
Caroline Griffin	Vice President	2.00	Officer Director	$0	$0	$0
Roye Ely	President	2.00	Officer Director	$0	$0	$0
Karin Scott	Treasurer	2.00	Officer Director	$0	$0	$0
James Nelson	Director	2.00	Director	$0	$0	$0
Nanette Swendig	Director	2.00	Director	$0	$0	$0
John Huckabay	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
2020	$35	$820	No data	$-785
2019	$1,044	$30,520	$270,853	$-29,476
2018	$1,351	$950	$300,329	$401

MICA BAY PROPERTY OWNERS ASSOCIATION