DEL MAR HIGHLANDS UNIT NO 2 NEIGHBORHOOD HOMEOWNERS' ASSOC (EIN 330116881) - 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

1985

Legal Domicile

Principal Officer

ANDREW KONING

Phone

8004285588

Tax Period

2024-11-01 to 2025-10-31

DEL MAR HIGHLANDS UNIT NO 2 NEIGHBORHOOD HOMEOWNERS' ASSOC, founded in 1985, is a small nonprofit that reported $382K in total revenue in fiscal year 2024. Revenue decreased 17% compared to the prior year. Expenses of $436K exceeded revenue, resulting in a 14% operating deficit.

Mission

MAINTENANCE OF COMMON PROPERTY FOR THE BENEFIT OF THE COMMUNITY AT LARGE; ENHANCEMENT OF COMMUNITY VALUES.

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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 $369,373

Investment Income $12,587

Other Revenue $0

TOTAL REVENUE $381,960

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $339,897

Other Expenses $436,406

TOTAL EXPENSES $436,406

Year-over-Year Comparison

	2024	2023	Change
Revenue	$381,960	$458,078	-0.2%
Expenses	$436,406	$457,217	0.0%
Net Income	$-54,446	$861	-64.2%

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
TARA O'CONNELL	MEMBER AT LA	2.00	Director	$0	$0	$0
ANDREW KONING	PRESIDENT	2.00	Officer	$0	$0	$0
DANIEL SIEVENPIPER	VICE PRESIDE	2.00	Officer	$0	$0	$0
ROBERT MARGOLIS	SECRETARY	2.00	Officer	$0	$0	$0
MARK MORTIMER	SECRETARY	2.00	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	$381,960	$436,406	$221,967	$-54,446
2024	$458,078	$457,217	$241,996	$861
2023	$360,474	$357,778	$302,944	$2,696
2022	$378,277	$358,036	$270,943	$20,241
2021	$448,176	$403,755	$279,523	$44,421
2020	$390,432	$360,491	$286,026	$29,941
2019	$347,180	$345,882	$290,167	$1,298
2018	$303,160	$368,067	$292,165	$-64,907

DEL MAR HIGHLANDS UNIT NO 2 NEIGHBORHOOD HOMEOWNERS' ASSOC