VIRIDIAN RESIDENTIAL ASSOCIATION (EIN 455332711) - 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

2012

Legal Domicile

Principal Officer

HOWARD PORTEUS

Phone

4809217500

Tax Period

2024-01-01 to 2024-12-31

VIRIDIAN RESIDENTIAL ASSOCIATION, founded in 2012, is a community nonprofit in the Community Improvement sector that reported $8.0M in total revenue in fiscal year 2024. Revenue surged 55% from the prior year, signaling strong growth momentum.

Mission

THE MISSION OF THE ORGANIZATION IS TO PROVIDE MAINTENANCE AND SECURITY FOR THE POOL, PLAYGROUND AND COMMON AREAS AND TO PROVIDE LIGHTING FOR THE COMMON AREAS AND THE STREETS.

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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 $7,982,147

Investment Income $66,347

Other Revenue $0

TOTAL REVENUE $8,048,494

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $7,441,631

Other Expenses $7,887,423

TOTAL EXPENSES $7,887,423

Year-over-Year Comparison

	2024	2023	Change
Revenue	$8,048,494	$5,194,202	+0.5%
Expenses	$7,887,423	$4,324,854	+0.8%
Net Income	$161,071	$869,348	-0.8%

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
CARL BERGAUER	DIRECTOR	3.00	Director	$0	$0	$0
BOB KEMBEL	VICE PRESIDE	3.00	Officer Director	$0	$0	$0
DEBRA MEERS	SECRETARY	3.00	Officer Director	$0	$0	$0
MARC NORTARI	DIRECTOR	3.00	Director	$0	$0	$0
HOWARD PORTEUS	PRESIDENT	3.00	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
2024	$8,048,494	$7,887,423	$3,152,311	$161,071
2023	$6,582,664	$7,153,996	$2,676,761	$-571,332
2022	$5,558,321	$6,085,875	$3,302,657	$-527,554
2021	$4,903,376	$4,594,183	$3,949,158	$309,193
2020	$4,223,738	$3,710,377	$3,631,152	$513,361
2019	$4,221,331	$3,333,737	$2,737,819	$887,594
2018	$3,620,701	$3,116,959	$1,733,985	$503,742

VIRIDIAN RESIDENTIAL ASSOCIATION