KOONTZ LAKE ASSOCIATION INC (EIN 351109708) - 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

1964

Legal Domicile

Principal Officer

GREGORY MUNDT PRESIDENT

Tax Period

2020-01-01 to 2020-12-31

KOONTZ LAKE ASSOCIATION INC, founded in 1964, is a small nonprofit that reported $150K in total revenue in fiscal year 2020. Expenses of $166K exceeded revenue, resulting in a 11% operating deficit.

Mission

TO MAINTAIN AND IMPROVE THE KOONTZ LAKE AREA.

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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 $34,225

Program Service Revenue $113,535

Investment Income $50

Other Revenue $1,983

TOTAL REVENUE $149,793

Expense Breakdown

Grants Paid $2,700

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $135,759

Other Expenses $163,205

TOTAL EXPENSES $165,905

Year-over-Year Comparison

	2020	2019	Change
Revenue	$149,793	$154,550	0.0%
Expenses	$165,905	$141,619	+0.2%
Net Income	$-16,112	$12,931	-2.2%

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

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
ROGER ANDERSON	BOARD	004.00	Director	$0	$0	$0
MANDY BECICH	BOARD	004.00	Director	$0	$0	$0
KEN MONAHAN	BOARD	004.00	Director	$0	$0	$0
RHONDA HURFORD	BOARD	004.00	Director	$0	$0	$0
RITA BERGER	PRESIDENT	004.00	Officer	$0	$0	$0
KAREN JOHNSON	VICE PRESIDENT	004.00	Officer	$0	$0	$0
KAREN JOHNSON	TREASURER	004.00	Officer	$0	$0	$0
SUE HAMILTON	SECRETARY	004.00	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
2020	$149,793	$165,905	$126,785	$-16,112
2019	$154,550	$141,619	$142,897	$12,931
2018	$151,355	$170,848	$129,966	$-19,493

KOONTZ LAKE ASSOCIATION INC