LAND OF THE SKY ASSOCIATION OF REALTORS (EIN 566060775) - Form 990 Financial Analysis & Trantor Score

🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Financial Trends

Organization Details

Formation Year

1928

Legal Domicile

Principal Officer

DAVID WEST

Phone

8282558505

Tax Period

2023-01-01 to 2023-12-31

LAND OF THE SKY ASSOCIATION OF REALTORS, founded in 1928, is a community nonprofit that reported $1.3M in total revenue in fiscal year 2023. Net assets of $5.0M represent 47 months of operating reserves.

Mission

LOTSAR'S MISSION IS TO ENHANCE OUR MEMBERS' ABILITY TO SUCCEED, TO FOSTER HIGH ETHICAL STANDARDS, AND TO PROMOTE PRIVATE PROPERTY RIGHTS.

🔒

Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

Sign in to view Trantor Score and financial metrics

Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $62,385

Program Service Revenue $1,047,290

Investment Income $21,182

Other Revenue $156,699

TOTAL REVENUE $1,287,556

Expense Breakdown

Grants Paid $24,280

Salaries & Benefits $698,975

Fundraising Expenses $0

Other Expenses $630,920

TOTAL EXPENSES $1,354,175

Year-over-Year Comparison

	2023	2022	Change
Revenue	$1,287,556	$1,193,508	+0.1%
Expenses	$1,354,175	$1,209,421	+0.1%
Net Income	$-66,619	$-15,913	+3.2%

Key Indicators

✓ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✓ Schedule B Required

🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Governance

Voting Members

Independent Members

Employees

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

$287,375

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
STEVE BARNES	PRESIDENT	2.00	Officer Director	$0	$0	$0
NICK HINTON	PRESIDENT ELECT	2.00	Officer Director	$0	$0	$0
MARK D MATHEWS	TREASURER	2.00	Officer Director	$0	$0	$0
DEBBIE WILLIAMS	SECRETARY	2.00	Officer Director	$0	$0	$0
WALLACE SHEALY	PAST PRESIDENT	2.00	Director	$0	$0	$0
RANDALL BARNETT	DIRECTOR	2.00	Director	$0	$0	$0
NEELY NEU	DIRECTOR	2.00	Director	$0	$0	$0
BILL PALAS	DIRECTOR	2.00	Director	$0	$0	$0
VALEN W VERA CRUZ	DIRECTOR	2.00	Director	$0	$0	$0
ELIZABETH WIEDERHOLD	DIRECTOR	2.00	Director	$0	$0	$0
DAVID WEST	CEO	45.00	Officer	$169,193	$438	$169,631
GAIL THOMAS	CFO	45.00	Officer	$103,119	$14,625	$117,744

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	$1,287,556	$1,354,175	$5,756,848	$-66,619
2022	$1,193,508	$1,209,421	$5,787,479	$-15,913
2021	$1,173,991	$1,025,996	$5,828,014	$147,995
2020	$1,095,341	$1,005,431	$5,775,500	$89,910
2019	$1,137,085	$1,202,124	$5,599,671	$-65,039
2018	$2,469,755	$1,083,545	$6,160,829	$1,386,210

LAND OF THE SKY ASSOCIATION OF REALTORS