ROSHOLT IMPROVEMENT ASSOCIATION INC (EIN 460345818) - Form 990 Financial Analysis & Trantor Score

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Tuckman-Chang Vulnerability Assessment

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year

1972

Legal Domicile

Principal Officer

Chad Smith

Phone

7017994525

Tax Period

2024-01-01 to 2024-12-31

ROSHOLT IMPROVEMENT ASSOCIATION INC, founded in 1972, is a micro nonprofit in the Housing & Shelter sector that reported $79K in total revenue in fiscal year 2024. Expenses of $156K exceeded revenue, resulting in a 97% operating deficit.

Mission

Community Development Corporation formed in 1972 through USDA to provide low-income housing, promote economic development, help with the improvement of the community's quality of life, and encourage sense of community among residents.

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Trantor Score

Financial Health & Payment Capacity Assessment (FICO Scale: 300–850)

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

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $77,654

Investment Income $1,463

Other Revenue $0

TOTAL REVENUE $79,117

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $156,129

Other Expenses $156,129

TOTAL EXPENSES $156,129

Year-over-Year Comparison

	2024	2023	Change
Revenue	$79,117	N/A	N/A
Expenses	$156,129	N/A	N/A
Net Income	$-77,012	$0	N/A

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
John Meyen	Director	0.5	Director	$0	$0	$0
Lynn Pistorius	Director	0.2	Director	$0	$0	$0
Steve Cornelius	Director	0.5	Director	$0	$0	$0
George Murphy	Director	0.5	Director	$0	$0	$0
Chad Smith	President	2	Officer	$0	$0	$0
Dick Braun	Vice-President	0.5	Officer	$0	$0	$0
Mimi Larsen	Treasurer	4	Officer	$0	$0	$0
Lisa Braun	Secretary	0.5	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	No data	No data	No data	No data
2024	$79,117	$156,129	$143,292	$-77,012

ROSHOLT IMPROVEMENT ASSOCIATION INC