QUAIL RUN COMMUNITY IMPROVEMENT ASSOCIATION INC (EIN 742050550) - 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

1976

Legal Domicile

Principal Officer

WILLIE RAINWATER

Phone

2814777865

Tax Period

2024-01-01 to 2024-12-31

QUAIL RUN COMMUNITY IMPROVEMENT ASSOCIATION INC, founded in 1976, is a small nonprofit in the Housing & Shelter sector that reported $579K in total revenue in fiscal year 2024. Expenses of $522K left a modest 10% surplus.

Mission

PROVIDE FOR THE SHARED COMMUNITY ASSOCIATION, INCLUDING MAINTAINING SHARED COMMUNITY AMENITIES, LANDSCAPING, COMMMUNITY EVENTS & PATROL SERVICES. ALSO ACTS AS A QUASI GOVERNMENTAL ENTITY ENFORCING DEED RESTRICTIONS AND ARCHITECTURAL GUIDELINES.

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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 $398,665

Investment Income $0

Other Revenue $180,448

TOTAL REVENUE $579,113

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $454,581

Other Expenses $521,689

TOTAL EXPENSES $521,689

Year-over-Year Comparison

	2024	2023	Change
Revenue	$579,113	$590,902	0.0%
Expenses	$521,689	$485,467	+0.1%
Net Income	$57,424	$105,435	-0.5%

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

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
WILLIE RAINWATER	PRESIDENT	2.00	Officer Director	$0	$0	$0
WILLINDA BURKHALTER	TREASURER	2.00	Officer Director	$0	$0	$0
CONNIE COATS	SECRETARY	2.00	Officer Director	$0	$0	$0
JOHN HAMILTON	VICE PRESIDENT	2.00	Officer Director	$0	$0	$0
MARVELLA WASHINGTON-GLIDER	VICE PRESIDENT 2	2.00	Officer 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	$579,113	$521,689	$1,074,605	$57,424
2023	$590,902	$485,467	$1,305,701	$105,435
2022	$546,081	$484,043	$1,271,187	$62,038
2021	$540,018	$472,349	$1,314,740	$67,669
2020	$492,150	$375,859	$1,368,637	$116,291
2019	$515,424	$449,401	$1,301,680	$66,023
2018	$515,765	$525,849	$1,279,623	$-10,084

QUAIL RUN COMMUNITY IMPROVEMENT ASSOCIATION INC