West Ridge Owners Association Inc

EIN: 473344644 Housing & Shelter

Irvine, CA

Total Revenue
$203,852
Total Expenses
$206,231
Total Assets
$90,475
Net Assets
$90,475
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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
2015
Legal Domicile
TX
Phone
9494486300
Tax Period
2023-01-01 to 2023-12-31

West Ridge Owners Association Inc, founded in 2015, is a small nonprofit in the Housing & Shelter sector that reported $204K in total revenue in fiscal year 2023.

Mission

The West Ridge Owners' Association ("The Association") was established to manage, maintain, preserve and care for the "common areas" of the West Ridge Property.

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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%)

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Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $203,095
Program Service Revenue $0
Investment Income $757
Other Revenue $0
TOTAL REVENUE $203,852

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $168,773
Other Expenses $206,231
TOTAL EXPENSES $206,231

Year-over-Year Comparison

2023 2022 Change
Revenue $203,852 N/A N/A
Expenses $206,231 N/A N/A
Net Income $-2,379 N/A 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

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Governance

Voting Members
4
Independent Members
N/A
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
0
$0
Total Directors
4
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
BRUCE C PETERSON Director 2.00
Director
$0 $0 $0
CARRINGTON BROWN Director 2.00
Director
$0 $0 $0
PHILOP MOLTZ Director 2.00
Director
$0 $0 $0
HAILEY GHALIB Director 2.00
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
2023 $203,852 $206,231 $90,475 $-2,379
2021 $249,986 $209,600 $90,180 $40,386
2019 $128,596 $41,464 $146,829 $87,132
2018 $252,406 $192,709 $59,697 $59,697
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