NEW ORLEANS REAL ESTATE INVESTORS ASSOCIATION INC (EIN 581598367) - 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

1983

Legal Domicile

Principal Officer

Ryan Halvorson

Phone

5043645813

Tax Period

2019-12-01 to 2020-11-30

NEW ORLEANS REAL ESTATE INVESTORS ASSOCIATION INC, founded in 1983, is a micro nonprofit that reported $82K in total revenue in fiscal year 2019. Revenue fell 24% from the prior year — a significant decline worth monitoring. The organization ran a surplus of $52K, a strong 63% operating margin.

Mission

THE CORPORATION IS ORGANIZED EXCLUSIVELY FOR EDUCATIONAL PURPOSES FOR PEOPLE PRIMARILY ENGAGED IN REAL ESTATE INVESTING.

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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 (2019)

Revenue Breakdown

Contributions & Grants $44,193

Program Service Revenue $18,873

Investment Income $661

Other Revenue $17,927

TOTAL REVENUE $81,654

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $0

Other Expenses $30,021

TOTAL EXPENSES $30,021

Year-over-Year Comparison

	2019	2018	Change
Revenue	$81,654	$107,976	-0.2%
Expenses	$30,021	$56,669	-0.5%
Net Income	$51,633	$51,307	+0.0%

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
RYAN HALVORSON	TREASURER	5	Officer	$0	$0	$0
DAVID BIRDSONG	LEGAL COUNCIL	5	Officer	$0	$0	$0
BETSY BIRDSONG	MEMBERSHIP DIRECTOR	5	Officer	$0	$0	$0
ANGELA KINDERMANN	SECRETARY	5	Officer	$0	$0	$0
JOHN CANNOY	VENDOR MEMBERSHIP DIRECTOR	5	Officer	$0	$0	$0
NICK ZEPEDA	TECHNOLOGY DIRECTOR	5	Officer	$0	$0	$0
CAROL LOGRECO	NATIONAL VENDOR LIAISON	5	Officer	$0	$0	$0
JESSICA MANZELLA	MEDIA DIRECTOR	5	Officer	$0	$0	$0
JACK STERNBERG	PRESIDENT/EDUCATION DIRECTOR	5	Officer	$0	$0	$0
LINDA LOCASCIO	PROGRAMMING DIRECTOR	5	Officer	$0	$0	$0
JAMES STULL	PRESIDENT	5	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
2020	$81,654	$30,021	$347,359	$51,633
2019	$107,976	$56,669	$304,055	$51,307
2018	$90,909	$59,703	$244,410	$31,206

NEW ORLEANS REAL ESTATE INVESTORS ASSOCIATION INC