SOMERSET-LAKE CUMBERLAND REALTORS

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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

1974

Legal Domicile

Principal Officer

JUSTIN LANDON

Phone

8592763503

Tax Period

2022-01-01 to 2022-12-31

SOMERSET-LAKE CUMBERLAND REALTORS, founded in 1974, is a micro nonprofit that reported $13 in total revenue in fiscal year 2022. Revenue fell 100% from the prior year — a significant decline worth monitoring. Expenses of $10K exceeded revenue, resulting in a 79292% operating deficit.

Mission

THE OVERALL MISSION OF THE ASSOCIATION IS TO WORK TOGETHER WITH THE STATE AND NATIONAL ASSOCIATION OF REALTORS IN ORDER TO STRENGTHEN THE REALTOR IMAGE AND PROMOTE THE VALUE OF WORKING WITH A REALTOR.

Program Service Accomplishments

Program 1

TO PROVIDE AND MAINTAIN A UNIFIED MEDIUM FOR REAL ESTATE OWNERS AND THOSE ENGAGED IN THE REAL ESTATE PROFESSION WHEREBY THEIR INTEREST MAY BE SAFEGUARDED AND ADVANCED. TO FURTHER THE INTERESTS OF...

TO PROVIDE AND MAINTAIN A UNIFIED MEDIUM FOR REAL ESTATE OWNERS AND THOSE ENGAGED IN THE REAL ESTATE PROFESSION WHEREBY THEIR INTEREST MAY BE SAFEGUARDED AND ADVANCED. TO FURTHER THE INTERESTS OF HOME AND OTHER REAL ESTATE PROPERTY OWNERSHIP. TO UNITE THOSE ENGAGED IN THE REAL ESTATE PROFESSION IN THIS COMMUNITY IWTH STATE AND NATIONAL ASSOCIATIONS OF REALTORS, THEREBY, FURTHERING THEIR OWN OBJECTIVES THROUGHOUT THE STATE AND NATION; OBTAINING HTE BENEFITS AND PRIVILEGES OF MEMBERSHIP THEREIN; AND TO DESIGNATE FOR THE BENEFIT OF THE PUBLIC, INDIVIDUALS, ATHORIZED TO USE THE TERMS REALTOR AND REALTORS AS LICENSED, PRESCRIBED AND CONTROLLED BY THE NATIONAL ASSOCIATION OF REALTORS.

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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 (2022)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $0

Investment Income $13

Other Revenue $0

TOTAL REVENUE $13

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Other Expenses $10,321

TOTAL EXPENSES $10,321

Year-over-Year Comparison

	2022	2021	Change
Revenue	$13	$215,403	-1.0%
Expenses	$10,321	$161,612	-0.9%
Net Income	$-10,308	$53,791	-1.2%

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

N/A

Independent Members

N/A

Employees

N/A

Volunteers

N/A

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
JUSTIN	LANDON	1.00	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
2022	$13	$10,321	No data	$-10,308
2021	$215,403	$161,612	$225,018	$53,791
2020	$330,399	$339,769	$399,470	$-9,370
2019	$429,443	$438,613	$383,059	$-9,170
2018	$369,827	$311,143	$378,463	$58,684