Wellington of Flower Mound Residential Association Inc (EIN 752724500) - 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

1995

Legal Domicile

Principal Officer

Steve Lyda

Phone

9728748483

Tax Period

2024-01-01 to 2024-12-31

Wellington of Flower Mound Residential Association Inc, founded in 1995, is a community nonprofit in the Housing & Shelter sector that reported $2.5M in total revenue in fiscal year 2024.

Mission

To provide management, maintenance, preservation and architectural control of the Association's common areas.

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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 $2,471,580

Investment Income $36,389

Other Revenue $0

TOTAL REVENUE $2,507,969

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $1,934,526

Other Expenses $2,441,429

TOTAL EXPENSES $2,441,429

Year-over-Year Comparison

	2024	2023	Change
Revenue	$2,507,969	$2,436,943	+0.0%
Expenses	$2,441,429	$2,374,649	+0.0%
Net Income	$66,540	$62,294	+0.1%

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	Hours/Week	Role	Reportable Comp	Other Comp	Total
Steve Lyda	President	3.00	Officer Director	$0	$0	$0
Sean May	Secretary	3.00	Officer Director	$0	$0	$0
Russel Schmidt	Vice President	3.00	Officer Director	$0	$0	$0
Sal Soriano	Treasurer	3.00	Officer Director	$0	$0	$0
Mo Virani	Director	0.00	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	$2,507,969	$2,441,429	$1,159,552	$66,540
2023	$2,436,943	$2,374,649	$1,092,225	$62,294
2022	$2,071,688	$2,121,945	$976,156	$-50,257
2021	$2,298,579	$2,354,623	$1,049,755	$-56,044
2020	$2,028,968	$2,016,483	$1,100,204	$12,485
2019	$2,078,958	$2,047,816	$1,086,942	$31,142
2018	$2,084,978	$2,082,392	$1,002,297	$2,586

Wellington of Flower Mound Residential Association Inc