Prairie Lake Estates Homeowners Coop (EIN 320403047) - 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

2013

Legal Domicile

Principal Officer

FRANK SERPE

Phone

2629145545

Tax Period

2024-01-01 to 2024-12-31

Prairie Lake Estates Homeowners Coop, founded in 2013, is a small nonprofit in the Housing & Shelter sector that reported $528K in total revenue in fiscal year 2024. The organization ran a surplus of $84K, a strong 16% operating margin.

Mission

PROVIDE LOW INCOME AFFORDABLE HOUSING WITHOUT PREJUDICE, WITH FINANCIAL RELIEF, ASSISTANCE, AND OPPORTUNITY TO RAISE THE STANDARD OF LIVING FOR FAMILIES AND FIXED INCOME RETIREES IN A SAFE AND STABLE COMMUNITY.

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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 $0

Program Service Revenue $504,000

Investment Income $6,290

Other Revenue $18,142

TOTAL REVENUE $528,432

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $430,542

Other Expenses $444,407

TOTAL EXPENSES $444,407

Year-over-Year Comparison

	2024	2023	Change
Revenue	$528,432	$513,692	+0.0%
Expenses	$444,407	$412,635	+0.1%
Net Income	$84,025	$101,057	-0.2%

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	Role	Reportable Comp	Other Comp	Total
TERI BURNS	Secretary	Officer Director	$0	$0	$0
BILL GLIDDEN	Vice President	Officer Director	$0	$0	$0
GARY HANSEN	Director	Director	$0	$0	$0
JULIE HARMON	Treasurer	Officer Director	$0	$0	$0
MIKE HUBER	Director	Director	$0	$0	$0
RANDY RICHIE	Director	Director	$0	$0	$0
FRANK SERPE	President	Officer 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	No data	No data	No data	No data
2024	$528,432	$444,407	$4,553,468	$84,025
2023	$513,692	$412,635	$4,510,920	$101,057
2022	$509,477	$417,223	$4,449,523	$92,254
2021	$469,150	$387,303	$4,275,036	$81,847
2020	$469,688	$360,851	$4,278,007	$108,837
2019	$487,467	$371,778	$4,512,291	$115,689
2018	$488,233	$379,587	$4,320,583	$108,646

Prairie Lake Estates Homeowners Coop