WESTON LAKES PROPERTY OWNERS ASSOCIATION INC (EIN 760159662) - 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

1985

Legal Domicile

Principal Officer

RHEA RAGLE

Phone

7137834640

Tax Period

2023-01-01 to 2023-12-31

WESTON LAKES PROPERTY OWNERS ASSOCIATION INC, founded in 1985, is a community nonprofit in the Housing & Shelter sector that reported $2.4M in total revenue in fiscal year 2023. Revenue grew 12% year-over-year, indicating healthy expansion. Expenses of $2.1M left a modest 10% surplus.

Mission

TO PROVIDE STREET LIGHTS, LANDSCAPE AND LAKE MAINTENANCE, MAINTAIN PARKS & RECREATIONAL 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 (2023)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $2,161,346

Investment Income $62,691

Other Revenue $127,466

TOTAL REVENUE $2,351,503

Expense Breakdown

Grants Paid $0

Salaries & Benefits $31,137

Fundraising Expenses $0

Program Expenses $1,923,576

Other Expenses $2,081,786

TOTAL EXPENSES $2,112,923

Year-over-Year Comparison

	2023	2022	Change
Revenue	$2,351,503	$2,092,449	+0.1%
Expenses	$2,112,923	$2,238,296	-0.1%
Net Income	$238,580	$-145,847	-2.6%

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

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
RHEA RAGLE	PRESIDENT	2.00	Officer	$0	$0	$0
REX JARRELL	VICE PRESIDENT	2.00	Officer	$0	$0	$0
ALLISON DEWEES	TREASURER	2.00	Officer	$0	$0	$0
BOB DECKER	VICE PRESIDENT	2.00	Officer	$0	$0	$0
KEVIN SMITH	SECRETARY	2.00	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	$2,351,503	$2,112,923	$6,529,728	$238,580
2022	$2,092,449	$2,238,296	$6,164,344	$-145,847
2021	$2,026,667	$1,829,355	$6,216,294	$197,312
2020	$1,974,961	$1,929,830	$5,790,041	$45,131
2019	$1,961,485	$1,618,084	$5,805,893	$343,401
2018	$1,851,368	$1,426,605	$5,166,641	$424,763

WESTON LAKES PROPERTY OWNERS ASSOCIATION INC