BOWERMAN-LORELEY BEACH COMMUNITY A… - Form 990 Financial Data

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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

2003

Legal Domicile

Principal Officer

RAQUEL MUNESES

Phone

4103353335

Tax Period

2023-01-01 to 2023-12-31

BOWERMAN-LORELEY BEACH COMMUNITY ASSOCIATION, founded in 2003, is a micro nonprofit in the Community Improvement sector that reported $76K in total revenue in fiscal year 2023. Revenue fell 51% from the prior year — a significant decline worth monitoring. Expenses of $87K exceeded revenue, resulting in a 14% operating deficit.

Mission

TO PROMOTE SOCIAL WELFARE AND AWARENESS AND PROVIDE CHARITY, ENVIRONMENTAL PROTECTION AND RECREATIONAL ACTIVITIES FOR THE MEMBERS. THE ASSOCIATION ALSO PROVIDES ASSISTANCE TO SCHOOLS, FIRE DEPARTMENTS, AND NEIGHBORS IN NEED IN THE COMMUNITY.

Program Service Accomplishments

Program 1

Expenses: $5,000

GRANTS TO COMMUNITY ORGANIZATIONS - DIRECT FINANCIAL SUPPORT TO SCHOOLS, FIRE COMPANIES AND ORGANIZATIONS GIVING ASSISTANCE TO NEEDY NEIGHBORS.

Program 2

Expenses: $400

HOLIDAY EVENTS - SOCIAL EVENTS FOR COMMUNITY AT EASTER, CHRISTMAS, SAFE HALLOWEEN PROGRAM, ATHLETIC EVENTS AND COMMUNITY OUTREACH TO NEEDY NEIGHBORS IN AREA.

Program 3

Expenses: $19,516

PICNICS & SOCIAL - REGULAR SOCIAL EVENTS TO BRING THE COMMUNITY TOGETHER TO CREATE A PLEASANT SOCIAL AND JOYOUS THEME IN THE COMMUNITY.

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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 $0

Investment Income $-3,701

Other Revenue $79,542

TOTAL REVENUE $75,841

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $28,916

Other Expenses $86,785

TOTAL EXPENSES $86,785

Year-over-Year Comparison

	2023	2022	Change
Revenue	$75,841	$154,592	-0.5%
Expenses	$86,785	$71,044	+0.2%
Net Income	$-10,944	$83,548	-1.1%

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

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
RAQUEL MUNESES	PRESIDENT	8.00	Officer Director	$0	$0	$0
SHARON HOLTER	CHAIR	8.00	Officer Director	$0	$0	$0
DAVE KAUSCH	TREASURER	8.00	Officer Director	$0	$0	$0
LESSIE BURKINS	SECRETARY	8.00	Officer Director	$0	$0	$0
NILES JONES	VICE CHAIR	8.00	Officer Director	$0	$0	$0
JEAN AUGUSTYNIAK	DIRECTOR	1.00	Director	$0	$0	$0
HELEN WALPER	DIRECTOR	1.00	Director	$0	$0	$0
DOT FAZELI	DIRECTOR	1.00	Director	$0	$0	$0
JUDY ZAHORA	DIRECTOR	1.00	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
2024	No data	No data	No data	No data
2023	$75,841	$86,785	$2,418,720	$-10,944
2022	$154,592	$71,044	$2,276,127	$83,548
2021	$201,071	$147,166	$2,362,328	$53,905
2020	$67,322	$71,217	$2,173,036	$-3,895
2019	$137,419	$93,816	$2,120,979	$43,603
2018	$100,890	$88,177	$1,911,722	$12,713

BOWERMAN-LORELEY BEACH COMMUNITY ASSOCIATION