PROPERTY OWNERS ASSOCIATION OF DEE… - 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

1949

Legal Domicile

Principal Officer

KAREN SMITH

Phone

2402854445

Tax Period

2025-01-01 to 2025-12-31

PROPERTY OWNERS ASSOCIATION OF DEEP CREEK LAKE INC, founded in 1949, is a small nonprofit in the Housing & Shelter sector that reported $149K in total revenue in fiscal year 2025. Expenses of $190K exceeded revenue, resulting in a 27% operating deficit.

Mission

THE OBJECT AND PURPOSE OF THE ORGANIZATION IS TO BRING TOGETHER THE PROPERTY OWNERS OF THE DEEP CREEK LAKE AREA TO PROMOTE, PRESERVE AND PROTECT THE QUALITY OF LIFE, ENVIRONMENT, RECREATIONAL

Program Service Accomplishments

Program 1

Expenses: $7,437 Revenue: $0

DISTRIBUTION OF NEWSLETTERS TO MEMBERS AND MEETINGS THE ORGANIZATINS NEWSLETTERS SERVE TO INFORM AND EDUCATE MEMBERS OF THE VARIOUS ISSUES THAT FACE PROPERTY OWNERS OF DEEP CREEK LAKE, INCLUDING BUT NOT LIMITED TO, LAKE WATER LEVELS, WATER QUALITY, BOAT NOISE AND THE THREE PRINCIPAL LAND ORDINANCE REVISIONS (DEEP CREEK WATERSHED ZONING ORDINANCE, GARRETT COUNTY SUBDIVISION ORDINANCE AND THE GARRETT COUNTY SENSITIVE AREAS ORDINANCE).

Program 2

Expenses: $6,345 Revenue: $0

SPONSORSHIPS THE ORGANIZATION SPONSORS VARIOUS LOCAL FESTIVALS, NON-PROFIT ORGANIZATIONS AND PUBLIC SERVICE DEPARTMENTS BY MAKING CONTRIBUTIONS IN SUPPORT OF THE RECIPIENTS EFFORTS. SPONSORSHIPS AND SUPPORT INCLUDED SUPPORTING DEEP CREEK WATERSHED FOUNDATIONS LAKE LEVEL RECHARGE PROJECT, THE FIREWORKS DISPLAY, AND SOUTHERN & NORTHERN AFTER PROM.

Program 3

Expenses: $0 Revenue: $0

ISSUE ADVOCACY THE ORGANIZATION CONDUCTS ISSUE ADVOCACY THAT DO NOT INVOLVE THE SPECIFIC EXPENDITURE OF FUNDS IN SUPPORT OF OR IN OPPOSITION TO LEGISLATIVE RECOMMENDATIONS THAT AFFECT THE PROPERTY...

ISSUE ADVOCACY THE ORGANIZATION CONDUCTS ISSUE ADVOCACY THAT DO NOT INVOLVE THE SPECIFIC EXPENDITURE OF FUNDS IN SUPPORT OF OR IN OPPOSITION TO LEGISLATIVE RECOMMENDATIONS THAT AFFECT THE PROPERTY OWNERS OF DEEP CREEK LAKE, INCLUDING, BUT NOT LIMITED TO, COMMENTING ON DNR REGULATIONS AND POLICIES, MEETING WITH LOCAL ELECTED OFFICALS AND GOVERNMENT BODIES, COMMENTING ON MATTERS BEFORE THE PLANNING COMMISSION AND GARRETT COUNTY COMMISSIONERS, LOOKING AT THE IMPACT OF STATE LEGISLATION ON DEEP CREEK LAKE, AND CONSIDERATION OF ISSUES SUCH AS WATER QUALITY, ZONING AND ENERGY PRODUCTION. IN THE CURRENT YEAR THE ORGANIZATION HAS PROVIDED INFORMATION ABOUT A VARIETY OF ISSUES INCLUDING MARCELLUS SHALE GAS AND HYDRILLA CONTROL TREATMENT.

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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 (2025)

Revenue Breakdown

Contributions & Grants $29,338

Program Service Revenue $106,829

Investment Income $12,795

Other Revenue $0

TOTAL REVENUE $148,962

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $181,531

Other Expenses $189,887

TOTAL EXPENSES $189,887

Year-over-Year Comparison

	2025	2024	Change
Revenue	$148,962	$139,075	+0.1%
Expenses	$189,887	$44,302	+3.3%
Net Income	$-40,925	$94,773	-1.4%

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

1300

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
BOB HOFFMANN	PAST PRESIDENT	0.25	Director	$0	$0	$0
SUSAN CRAWFORD	DIRECTOR & FIRST VP	1.00	Officer Director	$0	$0	$0
TOM CRAVEN	DIRECTOR & CO-EDITOR DISPATCH	0.25	Director	$0	$0	$0
GREG HARBAUGH	DIRECTOR & CO-EDITOR DISPATCH	0.25	Director	$0	$0	$0
T GRANT CALLERY	DIRECTOR & VP COMMUNICATIONS	0.25	Director	$0	$0	$0
WENDELL BEITZEL	DIRECTOR	0.25	Director	$0	$0	$0
MORGAN FRANCE	DIRECTOR	0.25	Director	$0	$0	$0
WALT MALECKI	DIRECTOR	0.25	Director	$0	$0	$0
CINDY STARK	DIRECTOR	0.25	Director	$0	$0	$0
THOMAS KNAPP	DIRECTOR	0.25	Director	$0	$0	$0
JOHN QUILTY	DIRECTOR	0.25	Director	$0	$0	$0
CHRIS NICHOLS	ASST TREASURER	1.00	Officer Director	$0	$0	$0
GEORGE EVANS	SECRETARY	1.00	Officer Director	$0	$0	$0
GARY SHAFER	DIRECTOR	0.25	Director	$0	$0	$0
ROBERT SUTTON	PRESIDENT	1.00	Officer Director	$0	$0	$0
LAUREN O'BRIEN MCCANN	DIRECTOR	0.25	Director	$0	$0	$0
KAREN SMITH	DIRECTOR & TREASURER	1.00	Officer Director	$0	$0	$0
KAREN MYERS	DIRECTOR & VP MEMBERSHIP	1.00	Officer 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
2025	$148,962	$189,887	$396,350	$-40,925
2024	No data	No data	No data	No data
2023	$51,640	$46,235	$305,505	$5,405

PROPERTY OWNERS ASSOCIATION OF DEEP CREEK LAKE INC