CORAL LAKES ASSOCIATIONINC (EIN 650388461) - 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

1992

Legal Domicile

Principal Officer

LINDA RUDY

Phone

5616374315

Tax Period

2024-01-01 to 2024-12-31

CORAL LAKES ASSOCIATIONINC, founded in 1992, is a community nonprofit in the Recreation & Sports sector that reported $5.4M in total revenue in fiscal year 2024.

Mission

MAINTAINING PROPERTY AND ENHANCING THE LIFESTYLE OF MEMBER RESIDENTS.

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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 $0

Program Service Revenue $5,324,152

Investment Income $104,641

Other Revenue $0

TOTAL REVENUE $5,428,793

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Other Expenses $5,340,232

TOTAL EXPENSES $5,340,232

Year-over-Year Comparison

	2024	2023	Change
Revenue	$5,428,793	$5,070,166	+0.1%
Expenses	$5,340,232	$5,150,516	+0.0%
Net Income	$88,561	$-80,350	-2.1%

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

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
JERRY SILVERSTEIN	2ND VICE PRE	10.00	Officer Director	$0	$0	$0
STUART DAVIDOFF	DIRECTOR	2.00	Director	$0	$0	$0
LINDA RUDY	TREASURER	10.00	Officer Director	$0	$0	$0
DEBBI AIZENSTAIN	SECRETARY	10.00	Director	$0	$0	$0
ANTONINA AGOSTA	DIRECTOR	2.00	Director	$0	$0	$0
AARON KLETZKIN	DIRECTOR	2.00	Director	$0	$0	$0
JERRY ROMAN	PRESIDENT	2.00	Officer Director	$0	$0	$0
LOUIS VECCIONE	1ST VICE PRE	10.00	Officer Director	$0	$0	$0
HERB GOLDSTEIN	DIRECTOR	2.00	Director	$0	$0	$0
RICHARD SHERMAN	DIRECTOR	2.00	Director	$0	$0	$0
MARTIN DANOWITZ	DIRECTOR	2.00	Director	$0	$0	$0
SETH DINSKY	DIRECTOR	2.00	Director	$0	$0	$0
JERRY ISRAEL	DIRECTOR	2.00	Director	$0	$0	$0
DEBRA LIPIAN	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
2024	$5,428,793	$5,340,232	$2,817,416	$88,561
2023	$5,070,166	$5,150,516	$2,727,290	$-80,350
2022	$4,782,651	$4,978,944	$2,496,459	$-196,293
2021	$4,366,350	$4,252,265	$2,740,601	$114,085
2020	$5,598,453	$5,263,739	$2,633,598	$334,714
2019	$7,568,280	$7,271,611	$3,260,386	$296,669
2018	$4,505,177	$4,473,819	$1,652,067	$31,358

CORAL LAKES ASSOCIATIONINC