VILLAGE IMPROVEMENT ASSOCIATION INC (EIN 510258539) - 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

1909

Legal Domicile

Principal Officer

MARTI BADILA

Phone

3022771631

Tax Period

2024-06-01 to 2025-05-31

VILLAGE IMPROVEMENT ASSOCIATION INC, founded in 1909, is a small nonprofit in the Community Improvement sector that reported $159K in total revenue in fiscal year 2024. Net assets of $346K represent 26 months of operating reserves.

Mission

TO IMPROVE AND INCREASE THE INTELLECTUAL CULTURAL, EDUCATIONAL ADVANCEMENT AND CONTINUED MORAL DEVELOPMENT OF ITS MEMBERS BY PROMOTING THE INTEREST AND PROGRESS IN REHOBOTH THROUGH CHARITABLE AND CIVIC WORK IN REHOBOTH BEACH

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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 (2024)

Revenue Breakdown

Contributions & Grants $70,081

Program Service Revenue $22,140

Investment Income $1,051

Other Revenue $65,700

TOTAL REVENUE $158,972

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $21,786

Program Expenses $126,622

Other Expenses $148,795

TOTAL EXPENSES $154,322

Year-over-Year Comparison

	2024	2023	Change
Revenue	$158,972	$166,959	0.0%
Expenses	$154,322	$156,285	0.0%
Net Income	$4,650	$10,674	-0.6%

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
DOLORES BOTTINELLI	2ND VICE PRE	N/A	Officer Director	$0	$0	$0
VALERIE EVANS	PARLIAMENTAR	N/A	Director	$0	$0	$0
CAROL HALL	MEMBERSHIP C	N/A	Director	$0	$0	$0
KATE MCKENZIE	STATE DIRECT	N/A	Director	$0	$0	$0
DIANE RAYCOB	RECORDING SE	N/A	Director	$0	$0	$0
MARY ANN WARNER	TREASURER	N/A	Director	$0	$0	$0
SHERRY WILSON	ASSISTANT TR	N/A	Director	$0	$0	$0
MARTI BADILA	PRESIDENT	N/A	Officer	$0	$0	$0
MELYNDA PEET	1ST VICE PRE	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	$158,972	$154,322	$346,143	$4,650
2024	$166,959	$156,285	$342,718	$10,674
2023	$152,557	$136,934	$309,992	$15,623
2022	$139,682	$126,815	$296,642	$12,867
2021	$108,547	$55,687	$277,905	$52,860
2020	$74,039	$78,204	$216,646	$-4,165
2019	$121,204	$121,854	$220,811	$-650

VILLAGE IMPROVEMENT ASSOCIATION INC