DIVERSIFIED REAL ESTATE INVESTORS ASSOCIATION (EIN 470938958) - 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

2004

Legal Domicile

Principal Officer

MATT WAHL

Phone

2157122525

Tax Period

2023-01-01 to 2023-12-31

DIVERSIFIED REAL ESTATE INVESTORS ASSOCIATION, founded in 2004, is a micro nonprofit in the Community Improvement sector that reported $30K in total revenue in fiscal year 2023. Revenue fell 29% from the prior year — a significant decline worth monitoring. The organization ran a surplus of $23K, a strong 76% operating margin.

Mission

THIS BUSINESS ASSOCIATION OR LEAGUE'S PURPOSE IS TO EDUCATE ITS MEMBERS ON REAL ESTATE INVESTING. THIS EDUCATIONAL FUNCTION IS ACCOMPLISHED BY PROVIDING EDUCATIONAL MATERIALS AND TO ASSIST IN THE PRESENTATION OF SEMINARS THAT ALLOW THE ORGANIZATION TO QUALIFY AS AN EXEMPT ORGANIZATION UNDER SECTIONS 501(A) AND 501(C)(6).

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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 (2023)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $9,728

Investment Income $20,007

Other Revenue $0

TOTAL REVENUE $29,735

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $5,852

Other Expenses $7,164

TOTAL EXPENSES $7,164

Year-over-Year Comparison

	2023	2022	Change
Revenue	$29,735	$41,833	-0.3%
Expenses	$7,164	$14,841	-0.5%
Net Income	$22,571	$26,992	-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

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
RAYMOND LEMIRE	TREASURER	3.00	Officer Director	$0	$0	$0
MATT WAHL	PRESIDENT	3.00	Officer Director	$0	$0	$0
MASON KIMBALL	BOARD MEMBER	1.00	Officer Director	$0	$0	$0
JON OWENS	VICE PRESIDENT	1.00	Officer Director	$0	$0	$0
DON ROTANZ	BOARD MEMBER	1.00	Officer Director	$0	$0	$0
AL MOFFA	BOARD MEMBER	1.00	Officer Director	$0	$0	$0
IGOR ZABRODIN	SECRETARY	1.00	Officer Director	$0	$0	$0
TODD BENTLEY	BOARD MEMBER	1.00	Officer Director	$0	$0	$0
DIANA WONG	BOARD MEMBER	1.00	Officer Director	$0	$0	$0
DEEPTA HIREMATH	BOARD MEMBER	1.00	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	No data	No data	No data	No data
2023	$29,735	$7,164	$536,824	$22,571
2022	$41,833	$14,841	$514,253	$26,992

DIVERSIFIED REAL ESTATE INVESTORS ASSOCIATION