FOSTERS MILL VILLAGE COMMUNITY ASS… - 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

1979

Legal Domicile

Principal Officer

MARYANNE FORTSON

Phone

2813591102

Tax Period

2024-07-01 to 2025-06-30

FOSTERS MILL VILLAGE COMMUNITY ASSOCIATION INC, founded in 1979, is a small nonprofit that reported $375K in total revenue in fiscal year 2024. Expenses of $327K left a modest 13% surplus.

Mission

TO PROVIDE FOR COMMUNITY, CIVIC AND SOCIAL WELFARE. TO PROMOTE AND/OR TO PROVIDE MUNICIPAL SERVICES AND EDUCATIONAL AND RECREATIONAL SERVICES AND FACILITIES. TO PROMOTE THE HEALTH, SAFETY AND WELFARE OF THE RESIDENTS.

Program Service Accomplishments

Program 1

Expenses: $326,338 Revenue: $333,600

MAINTAIN COMMON AREAS, ESPLANDADES, RECREATIONAL AND PARK AREAS AND SWIMMING POOL.PROVIDE MOSQUITO ABATEMENT AND SECURITY FOR 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 (2024)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $333,600

Investment Income $23,152

Other Revenue $17,843

TOTAL REVENUE $374,595

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $326,338

Other Expenses $327,261

TOTAL EXPENSES $327,261

Year-over-Year Comparison

	2024	2023	Change
Revenue	$374,595	$353,372	+0.1%
Expenses	$327,261	$308,078	+0.1%
Net Income	$47,334	$45,294	+0.0%

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
MARYANNE FORTSON	PRESIDENT	2.00	Officer Director	$0	$0	$0
JOHN MILLER	TREASURER	2.00	Officer Director	$0	$0	$0
MOLLY SULLIVAN	DIRECTOR	2.00	Director	$0	$0	$0
DIANA BROUSSARD	SECRETARY	2.00	Officer Director	$0	$0	$0
BOB BLACK	DIRECTOR	2.00	Director	$0	$0	$0
JACK STOUT	DIRECTOR	2.00	Director	$0	$0	$0
DAVID FOX	DIRECTOR	2.00	Director	$0	$0	$0
ANA PAULINA CROSSETT	DIRECTOR	2.00	Director	$0	$0	$0
RICK HIMEL	VICE PRESIDENT	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
2025	$374,595	$327,261	$747,510	$47,334
2024	$353,372	$308,078	$711,241	$45,294
2023	$322,999	$289,091	$662,075	$33,908
2022	$319,603	$321,645	$857,887	$-2,042
2021	$314,008	$256,035	$737,257	$57,973
2020	$337,498	$352,169	$841,431	$-14,671
2019	$337,792	$308,342	$813,564	$29,450

FOSTERS MILL VILLAGE COMMUNITY ASSOCIATION INC