FOREST RIDGE ASSOCIATION

🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Financial Trends

Organization Details

Formation Year

1965

Legal Domicile

Principal Officer

RICH SPIELMAN

Phone

9372377478

Tax Period

2019-01-01 to 2019-12-31

FOREST RIDGE ASSOCIATION, founded in 1965, is a small nonprofit that reported $323K in total revenue in fiscal year 2019. Revenue grew 12% year-over-year, indicating healthy expansion. Expenses of $290K left a modest 10% surplus.

Mission

HOMEOWNER'S ASSOCIATION PROVIDING SPORTS AND RECREATIONAL PROGRAMS AS WELL AS NEWSLETTER COMMUNICATIONS AND GREEN AREA OPERATIONS TO ITS MEMBERS.

Program Service Accomplishments

Program 1

Expenses: $35,817 Revenue: $6,250

SWIMMING POOL OPERATIONS DURING SUMMER MONTHS INCLUDING OPEN RECREATION LESSONS, PARTIES AND VENDING. THE POOL IS AVAILABLE TO RESIDENTS OF 1,123 HOMES.

Program 2

Expenses: $65,002

GREEN AREA OPERATIONS- MAINTAINING 29 LOTS COVERING 103 ACRES INCLUDING SOCCER FIELDS, PLAYGROUNDS, TENNIS AND BASKETBALL COURTS AND GREEN AREAS FOR USE BY ALL RESIDENTS.

Program 3

Expenses: $10,413 Revenue: $11,459

SPORTS PROGRAMS - SOCCER LEAGUES FOR BOYS AND GRILS AGE 5-13 DURING THE SPRING AND FALL. COMPETITIVE SWIMMING TEAM FOR KIDS AGES 5-18 DURING THE SUMMER. OPEN TO ALL RESIDENTS.

🔒

Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

Sign in to view Trantor Score and financial metrics

Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2019)

Revenue Breakdown

Contributions & Grants $305,109

Program Service Revenue $18,309

Investment Income $39

Other Revenue $0

TOTAL REVENUE $323,457

Expense Breakdown

Grants Paid $0

Salaries & Benefits $44,966

Fundraising Expenses $0

Program Expenses $252,916

Other Expenses $245,093

TOTAL EXPENSES $290,059

Year-over-Year Comparison

	2019	2018	Change
Revenue	$323,457	$287,656	+0.1%
Expenses	$290,059	$285,537	+0.0%
Net Income	$33,398	$2,119	+14.8%

Key Indicators

✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✗ Schedule B Required

🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Governance

Voting Members

Independent Members

Employees

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
YOUSSEF ELZEIN	TRUSTEE	N/A	Director	$0	$0	$0
JOSHUA FLOYD	TRUSTEE	N/A	Director	$0	$0	$0
WILLIAM GRANT	TRUSTEE	N/A	Director	$0	$0	$0
HEATHER GWIN	TRUSTEE	N/A	Director	$0	$0	$0
EMILY NELSON	TRUSTEE	N/A	Director	$0	$0	$0
MIKE BRADLEY	PRESIDENT	N/A	Officer	$0	$0	$0
LARRY FORD	VICE PRESIDE	N/A	Officer	$0	$0	$0
RICH SPIELMAN	TREASURER	N/A	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
2019	$323,457	$290,059	$339,984	$33,398
2018	$287,656	$285,537	$309,264	$2,119