ROYAL SHORES COMMUNITY ASSOCIATION INC (EIN 753009677) - Form 990 Financial Analysis & Trantor Score

🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Financial Trends

Organization Details

Formation Year

2001

Legal Domicile

Principal Officer

Fred McCarty

Phone

2813591102

Tax Period

2023-01-01 to 2023-12-31

ROYAL SHORES COMMUNITY ASSOCIATION INC, founded in 2001, is a small nonprofit in the Community Improvement sector that reported $258K in total revenue in fiscal year 2023. Revenue grew 10% year-over-year, indicating healthy expansion.

Mission

MAINTENANCE OF THE COMMON AREAS AND PROMOTION OF SOCIAL WELFARE TO THE COMMUNITY

🔒

Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

Sign in to view Trantor Score and financial metrics

Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $248,193

Investment Income $7,639

Other Revenue $2,225

TOTAL REVENUE $258,057

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $263,105

Other Expenses $280,208

TOTAL EXPENSES $280,208

Year-over-Year Comparison

	2023	2022	Change
Revenue	$258,057	$235,440	+0.1%
Expenses	$280,208	$238,799	+0.2%
Net Income	$-22,151	$-3,359	+5.6%

Key Indicators

✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✗ Schedule B Required

🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

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
Fred McCarty	President	3.00	Officer	$0	$0	$0
Carol Atwood	Vice President	3.00	Officer	$0	$0	$0
Joe Sausnock	Director	3.00	Officer	$0	$0	$0
Matthew Vandergrifft	Secretary	3.00	Officer	$0	$0	$0
Stuart Spears	Director	3.00	Officer	$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	$258,057	$280,208	$347,627	$-22,151
2022	$235,440	$238,799	$363,506	$-3,359
2021	$241,751	$246,744	$382,917	$-4,993

ROYAL SHORES COMMUNITY ASSOCIATION INC