COLORADO APARTMENT ASSOCIATION INC (EIN 510157155) - 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

1968

Legal Domicile

Principal Officer

TINA LUCK

Phone

3033293300

Tax Period

2023-07-01 to 2024-06-30

COLORADO APARTMENT ASSOCIATION INC, founded in 1968, is a community nonprofit that reported $1.2M in total revenue in fiscal year 2023. Revenue surged 42% from the prior year, signaling strong growth momentum. The organization ran a surplus of $196K, a strong 16% operating margin.

Mission

TO PROTECT THE INTERESTS OF THE COLORADO APARTMENT INDUSTRY

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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 $10,000

Program Service Revenue $420,000

Investment Income $20,702

Other Revenue $754,734

TOTAL REVENUE $1,205,436

Expense Breakdown

Grants Paid $136,600

Salaries & Benefits $0

Fundraising Expenses $0

Other Expenses $873,195

TOTAL EXPENSES $1,009,795

Year-over-Year Comparison

	2023	2022	Change
Revenue	$1,205,436	$848,961	+0.4%
Expenses	$1,009,795	$682,834	+0.5%
Net Income	$195,641	$166,127	+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
BARBARA FROMMELL	SECRETARY	N/A	Officer	$0	$0	$0
CARRIE GILLIS	IMMEDIATE PA	N/A	Officer	$0	$0	$0
BOBBY HUTCHINSON	TREASURER	N/A	Officer	$0	$0	$0
TINA LUCK	PRESIDENT	N/A	Officer	$0	$0	$0
MATT PACHECO	PRESIDENT EL	N/A	Officer	$0	$0	$0
MARK TSCHETTER	SUPPLIER AT	N/A	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	$1,205,436	$1,009,795	$931,852	$195,641
2023	$848,961	$682,834	$736,211	$166,127
2022	$575,529	$575,041	$570,084	$488
2021	$717,926	$610,950	$569,596	$106,976

COLORADO APARTMENT ASSOCIATION INC