LEUCADENDRA RECREATIONAL & IMPROVEMENT ASSOCIATION INC (EIN 743246265) - 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

1971

Legal Domicile

Principal Officer

JOHN S SULLIVAN

Phone

3056703370

Tax Period

2024-01-01 to 2024-12-31

LEUCADENDRA RECREATIONAL & IMPROVEMENT ASSOCIATION INC, founded in 1971, is a small nonprofit in the Recreation & Sports sector that reported $173K in total revenue in fiscal year 2024. Revenue fell 29% from the prior year — a significant decline worth monitoring. Expenses of $263K exceeded revenue, resulting in a 52% operating deficit.

Mission

LEUCADENDRA RECREATIONAL & IMPROVEMENT ASSOCIATION, INC. IS A RECREATIONAL TENNIS CLUB LOCATED WITHIN THE SUBDIVISION OF GABLES ESTATES IN THE CITY OF CORAL GABLES, FLORIDA. THE SOLE PURPOSE OF THE ORGANIZATION IS THE MAINTENANCE AND UPKEEP OF THE TENNIS COURT AND SURROUNDING GROUNDS. THE USE OF THE TENNIS FACILITY IS LIMITED TO MEMBERS OF THE RECREATIONAL AND SOCIAL CLUB.

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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 $173,200

Program Service Revenue $0

Investment Income $0

Other Revenue $0

TOTAL REVENUE $173,200

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Other Expenses $263,197

TOTAL EXPENSES $263,197

Year-over-Year Comparison

	2024	2023	Change
Revenue	$173,200	$244,900	-0.3%
Expenses	$263,197	$259,874	+0.0%
Net Income	$-89,997	$-14,974	+5.0%

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

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
JOHN S SULLIVAN	PRESIDENT	N/A	Officer Director	$0	$0	$0
JOSE P BARED	VICE PRESIDE	N/A	Officer Director	$0	$0	$0
BARBARA KELLY	TREASURER	N/A	Officer Director	$0	$0	$0
AUDREY ROSS	SECRETARY	N/A	Officer Director	$0	$0	$0
MANUEL D MEDINA	DIRECTOR	N/A	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	$173,200	$263,197	$3,266,643	$-89,997
2023	$244,900	$259,874	$3,376,295	$-14,974
2022	$156,009	$244,871	$3,411,889	$-88,862
2021	$211,914	$242,079	$3,527,258	$-30,165
2020	$198,600	$242,908	$3,582,748	$-44,308
2019	$146,000	$240,266	$3,651,137	$-94,266
2018	$105,000	$83,294	$3,888,933	$21,706

LEUCADENDRA RECREATIONAL & IMPROVEMENT ASSOCIATION INC