HORIZON COMMUNITIES IMPROVEMENT ASSOCIATION INC (EIN 741612277) - 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

1968

Legal Domicile

Principal Officer

WILLIAM C EGGLESTON

Phone

9158521811

Tax Period

2024-01-01 to 2024-12-31

HORIZON COMMUNITIES IMPROVEMENT ASSOCIATION INC, founded in 1968, is a small nonprofit that reported $750K in total revenue in fiscal year 2024. Revenue surged 56% from the prior year, signaling strong growth momentum. Expenses of $710K left a modest 5% surplus.

Mission

TO PROMOTE AND FACILITATE CONTINUING DEVELOPMENT OF THE AREA WHILE ENSURING IT REMAINS A GREAT PLACE TO LIVE.

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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 $8,900

Program Service Revenue $203,927

Investment Income $531,113

Other Revenue $6,186

TOTAL REVENUE $750,126

Expense Breakdown

Grants Paid $0

Salaries & Benefits $288,569

Fundraising Expenses $0

Program Expenses $349,901

Other Expenses $421,429

TOTAL EXPENSES $709,998

Year-over-Year Comparison

	2024	2023	Change
Revenue	$750,126	$479,541	+0.6%
Expenses	$709,998	$658,918	+0.1%
Net Income	$40,128	$-179,377	-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

Independent Members

Employees

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

$125,002

Total Directors

$125,002

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Roxanne Jurado	Director & GM	48.00	Officer Director	$75,467	$400	$75,867
WILLIAM C EGGLESTON	President	12.00	Officer Director	$13,523	$0	$13,523
MICHAEL J RAMOS	Vice President	8.00	Officer Director	$12,538	$0	$12,538
DAVID R DANIELS	Treasurer	8.00	Officer Director	$11,537	$0	$11,537
CHRIS BUSTILLOS	Secretary	8.00	Officer Director	$11,537	$0	$11,537

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	$750,126	$709,998	$10,034,843	$40,128
2023	$479,541	$658,918	$11,558,554	$-179,377
2022	$437,841	$582,645	$10,893,678	$-144,804
2021	$407,551	$648,476	$13,211,419	$-240,925
2020	$471,565	$571,044	$12,625,118	$-99,479
2019	$544,603	$546,636	$10,857,664	$-2,033
2018	$526,244	$661,847	$9,833,851	$-135,603

HORIZON COMMUNITIES IMPROVEMENT ASSOCIATION INC