GEORGETOWN SOUTH COMMUNITY COUNCIL INC (EIN 540944033) - 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

1966

Legal Domicile

Principal Officer

DAVID MCKENNETT

Phone

7033614500

Tax Period

2024-01-01 to 2024-12-31

GEORGETOWN SOUTH COMMUNITY COUNCIL INC, founded in 1966, is a small nonprofit that reported $885K in total revenue in fiscal year 2018. Revenue decreased 8% compared to the prior year. Expenses of $821K left a modest 7% surplus.

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 $973,326

Investment Income $38,119

Other Revenue $0

TOTAL REVENUE $1,011,445

Expense Breakdown

Grants Paid $0

Salaries & Benefits $495,329

Fundraising Expenses $0

Program Expenses $827,624

Other Expenses $380,258

TOTAL EXPENSES $875,587

Year-over-Year Comparison

	2024	2023	Change
Revenue	$1,011,445	$938,603	+0.1%
Expenses	$875,587	$810,456	+0.1%
Net Income	$135,858	$128,147	+0.1%

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

Volunteers

150

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
BROOK RICE DELAROSA	TRUSTEE	2.00	Director	$0	$0	$0
JOSE GAVIDIA	TRUSTEE	2.00	Director	$0	$0	$0
MICHAEL SONNERBERG	TRUSTEE	2.00	Director	$0	$0	$0
DAVID MCKENNETT	PRESIDENT	2.00	Officer	$0	$0	$0
IRIS SIMPSON	TREASURER	2.00	Officer	$0	$0	$0
PATRICK SIMPSON	VICE PRESIDE	2.00	Officer	$0	$0	$0
YIJIA SUN	SECRETARY	2.00	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
2024	$1,011,445	$875,587	$1,768,070	$135,858
2023	$938,603	$810,456	$1,591,534	$128,147
2022	$912,627	$777,426	$1,499,983	$135,201
2021	$840,729	$806,585	$1,365,474	$34,144
2020	$859,022	$775,594	$1,347,970	$83,428
2019	$863,019	$831,573	$1,329,793	$31,446
2018	$884,983	$821,345	$1,236,482	$63,638

GEORGETOWN SOUTH COMMUNITY COUNCIL INC