Westwood Shores Property Owners Association (EIN 741964843) - 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

1978

Legal Domicile

Principal Officer

Jo Matthew

Phone

9365943805

Tax Period

2023-01-01 to 2023-12-31

Westwood Shores Property Owners Association, founded in 1978, is a community nonprofit in the Housing & Shelter sector that reported $4.5M in total revenue in fiscal year 2023. Revenue grew 12% year-over-year, indicating healthy expansion. The organization ran a surplus of $1.1M, a strong 25% operating margin.

Mission

To maintain road, water drainage system, parks, and recreational areas marina, country store, and lakes. Provide street lights, trash service, and law enforcement. Benefits the entire 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 (2023)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $4,365,916

Investment Income $15,332

Other Revenue $128,684

TOTAL REVENUE $4,509,932

Expense Breakdown

Grants Paid $0

Salaries & Benefits $1,460,617

Fundraising Expenses $0

Program Expenses $2,698,093

Other Expenses $1,911,998

TOTAL EXPENSES $3,372,615

Year-over-Year Comparison

	2023	2022	Change
Revenue	$4,509,932	$4,019,628	+0.1%
Expenses	$3,372,615	$4,091,351	-0.2%
Net Income	$1,137,317	$-71,723	-16.9%

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

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	Role	Reportable Comp	Other Comp	Total
Cheryl Savage	Trustee	Director	$0	$0	$0
Rick Renfro	Trustee	Director	$0	$0	$0
Deta Rogillio	Vice President	Officer Director	$0	$0	$0
Jo Matthew	President	Officer Director	$0	$0	$0
Ron Auvenshine	Secretary	Officer Director	$0	$0	$0
Rick Waltersheid	Trustee	Director	$0	$0	$0
Susan Keel	Trustee	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	No data	No data	No data	No data
2023	$4,509,932	$3,372,615	$5,965,230	$1,137,317
2022	$4,019,628	$4,091,351	$4,710,994	$-71,723
2021	$3,675,825	$3,469,033	$4,955,452	$206,792
2020	$3,551,873	$3,153,167	$5,020,677	$398,706
2019	$3,332,897	$3,523,412	$4,754,897	$-190,515
2018	$3,201,774	$2,819,190	$4,434,458	$382,584

Westwood Shores Property Owners Association