GLENVERDANT HOMES ASSOCIATION INC (EIN 510178385) - 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

1969

Legal Domicile

Phone

7032446792

Tax Period

2024-05-01 to 2025-04-30

GLENVERDANT HOMES ASSOCIATION INC, founded in 1969, is a small nonprofit that reported $344K in total revenue in fiscal year 2020. Revenue surged 1325% from the prior year, signaling strong growth momentum. The organization ran a surplus of $332K, a strong 97% operating margin.

Mission

MAINTENANCE OF COMMON PROPERTY WITHIN A HOMEOWNERS ASSOCIATION.

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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 $408,000

Investment Income $25,900

Other Revenue $0

TOTAL REVENUE $433,900

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $583,766

Other Expenses $583,766

TOTAL EXPENSES $583,766

Year-over-Year Comparison

	2024	2023	Change
Revenue	$433,900	$34,945	+11.4%
Expenses	$583,766	$13,014	+43.9%
Net Income	$-149,866	$21,931	-7.8%

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

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
MIKE ELLIS	ARCHITECTURE	0.50	Director	$0	$0	$0
ANNE MARIE ARZE	BRIDLE	0.50	Director	$0	$0	$0
LAUREN WILEY	CARE AND SHARE	0.50	Director	$0	$0	$0
BOB ESSELBURN	FRONTAGE	0.50	Director	$0	$0	$0
EMMETT MAUNAKEA	NEIGHBORHOOD WATCH	0.50	Director	$0	$0	$0
DRAKE HENGSTEBECK	ROADS	0.50	Director	$0	$0	$0
GREG NORRIS	PRESIDENT	1.00	Officer	$0	$0	$0
WES LUJAN	VICE PRESIDENT	0.50	Officer	$0	$0	$0
TOM VANBLARICOM	TREASURER	1.00	Officer	$0	$0	$0
KELLY JUHL	SECRETARY	1.00	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	$433,900	$583,766	$355,289	$-149,866
2024	$34,945	$13,014	$505,155	$21,931
2021	$344,092	$11,962	$455,210	$332,130

GLENVERDANT HOMES ASSOCIATION INC