TIMBER RIDGE PROPERTY OWNERS ASSOC… - Form 990 Financial Data

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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

1975

Legal Domicile

Principal Officer

MERESA MORGAN

Phone

2284527231

Tax Period

2024-04-01 to 2025-03-31

TIMBER RIDGE PROPERTY OWNERS ASSOCIATION INC, founded in 1975, is a small nonprofit that reported $364K in total revenue in fiscal year 2024. Net assets of $848K represent 28 months of operating reserves.

Mission

MANAGE COMMUNITY PROPERTY

Program Service Accomplishments

Program 1

Expenses: $313,545 Revenue: $22,034

PROVIDED, MANAGED, AND MAINTAINED COMMON AREAS AND RECREATIONAL FACILITIES FOR THE COMMUNITY AS WELL AS PROVIDE SECURITY SERVICES FOR THE COMMUNITY.

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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 (2024)

Revenue Breakdown

Contributions & Grants $329,118

Program Service Revenue $20,427

Investment Income $12,411

Other Revenue $1,607

TOTAL REVENUE $363,563

Expense Breakdown

Grants Paid $0

Salaries & Benefits $140,355

Fundraising Expenses $0

Program Expenses $313,545

Other Expenses $226,660

TOTAL EXPENSES $367,015

Year-over-Year Comparison

	2024	2023	Change
Revenue	$363,563	$381,863	0.0%
Expenses	$367,015	$373,765	0.0%
Net Income	$-3,452	$8,098	-1.4%

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

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
MATT SCHULTZ	SECRETARY	2.00	Officer Director	$0	$0	$0
RONNIE DANIELS	DIRECTOR	2.00	Director	$0	$0	$0
CHARLES REYMOND	DIRECTOR	2.00	Director	$0	$0	$0
MERESA MORGAN	PRESIDENT	2.00	Officer Director	$0	$0	$0
JUSTIN JONES	TREASURER	2.00	Officer Director	$0	$0	$0
DUANE GLENN	DIRECTOR	2.00	Director	$0	$0	$0
STEVEN RAYES	DIRECTOR	2.00	Director	$0	$0	$0
REBECCA O'DWYER	VICE PRESIDENT	2.00	Officer Director	$0	$0	$0
GINGER FLOWERS	DIRECTOR	2.00	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
2025	$363,563	$367,015	$969,875	$-3,452
2024	$381,863	$373,765	$906,737	$8,098
2023	$378,993	$374,846	$952,264	$4,147
2022	$430,529	$292,364	$914,586	$138,165
2021	$490,173	$355,006	$844,952	$135,167
2020	$373,520	$374,952	$648,397	$-1,432
2019	$380,429	$324,622	$619,941	$55,807

TIMBER RIDGE PROPERTY OWNERS ASSOCIATION INC