Summerfield Estates Homeowners Association Inc (EIN 760466895) - 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

1994

Legal Domicile

Principal Officer

Leigh Ann Gombac

Phone

7137761771

Tax Period

2024-01-01 to 2024-12-31

Summerfield Estates Homeowners Association Inc, founded in 1994, is a small nonprofit that reported $264K in total revenue in fiscal year 2024. The organization ran a surplus of $46K, a strong 17% operating margin.

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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 $250,148

Investment Income $13,592

Other Revenue $0

TOTAL REVENUE $263,740

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $213,377

Other Expenses $218,042

TOTAL EXPENSES $218,042

Year-over-Year Comparison

	2024	2023	Change
Revenue	$263,740	$250,063	+0.1%
Expenses	$218,042	$200,954	+0.1%
Net Income	$45,698	$49,109	-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

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
Leigh Ann Gombac	PRESIDENT	5.00	Officer Director	$0	$0	$0
ROGER METZLER	VICE PRESIDENT	5.00	Officer Director	$0	$0	$0
MICHAEL SLATER	TREASURER	5.00	Officer Director	$0	$0	$0
ANIECE JAMES	SECRETARY	5.00	Officer Director	$0	$0	$0
MICHELLE STONE	AT LARGE	5.00	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
2024	$263,740	$218,042	$639,110	$45,698
2023	$250,063	$200,954	$586,319	$49,109
2022	$257,083	$220,759	$544,887	$36,324
2021	$243,110	$200,771	$511,626	$42,339
2020	$240,360	$222,929	$460,445	$17,431
2019	$243,613	$179,018	$436,315	$64,595
2018	$237,048	$210,177	$368,975	$26,871

Summerfield Estates Homeowners Association Inc