Weston Property Owners Association

EIN: 581724807

Raleigh, NC

Total Revenue
$357,067
Total Expenses
$406,890
Total Assets
$22,750
Net Assets
$-41,276
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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
1987
Legal Domicile
NC
Principal Officer
Skip Hill
Phone
9198456647
Tax Period
2024-01-01 to 2024-12-31

Weston Property Owners Association, founded in 1987, is a small nonprofit that reported $357K in total revenue in fiscal year 2024. Revenue decreased 5% compared to the prior year. Expenses of $407K exceeded revenue, resulting in a 14% operating deficit.

Mission

COMMUNITY GROUND MAINTENANCE

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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%)

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $0
Program Service Revenue $357,067
Investment Income $0
Other Revenue $0
TOTAL REVENUE $357,067

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $397,553
Other Expenses $406,890
TOTAL EXPENSES $406,890

Year-over-Year Comparison

2024 2023 Change
Revenue $357,067 $376,253 -0.1%
Expenses $406,890 $369,120 +0.1%
Net Income $-49,823 $7,133 -8.0%
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

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Governance

Voting Members
4
Independent Members
N/A
Employees
N/A
Volunteers
4

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
4
$0
Total Directors
4
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
WILLIAM SMITH PRESIDENT 0.0
Officer Director
$0 $0 $0
THOMAS S HILL III VICE PRESIDENT 0.0
Officer Director
$0 $0 $0
CARLY DURBAN TREASURER 0.0
Officer Director
$0 $0 $0
ED SOPP SECRETARY 0.0
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
2024 $357,067 $406,890 $22,750 $-49,823
2023 $376,253 $369,120 $17,528 $7,133
2022 $375,788 $390,517 $17,487 $-14,729
2021 $276,128 $364,944 $32,221 $-88,816
2020 $422,759 $294,932 $121,319 $127,827
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