AVALON COMMUNITY ASSOCIATION (EIN 760564888) - 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

1997

Legal Domicile

Principal Officer

ART GOLDSTEIN

Phone

2814473388

Tax Period

2023-01-01 to 2023-12-31

AVALON COMMUNITY ASSOCIATION, founded in 1997, is a community nonprofit in the Community Improvement sector that reported $1.3M in total revenue in fiscal year 2023. Expenses of $1.3M left a modest 4% surplus.

Mission

TO MAINTAIN COMMON AREAS, ESPLANADES, REC/PARK AREA, SWIMMING POOL AND TENNIS COURTS; PROVIDE STREET LIGHTS AND PEST CONTROL ---- ALL BENEFITING THE ENTIRE COMMUNITY.

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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 $1,183,390

Investment Income $9,391

Other Revenue $117,833

TOTAL REVENUE $1,310,614

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $1,196,865

Other Expenses $1,263,693

TOTAL EXPENSES $1,263,693

Year-over-Year Comparison

	2023	2022	Change
Revenue	$1,310,614	$1,300,220	+0.0%
Expenses	$1,263,693	$1,435,379	-0.1%
Net Income	$46,921	$-135,159	-1.3%

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

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
MAHENDRA KM	DIRECTOR	2.00	Director	$0	$0	$0
HONGFA HUANG	DIRECTOR	2.00	Director	$0	$0	$0
ARVIND THEDKI	PRESIDENT	2.00	Officer Director	$0	$0	$0
PANDU NARAYASNAMI	SECRETARY	2.00	Officer Director	$0	$0	$0
ART GOLDSTEIN	TREASURER	2.00	Officer Director	$0	$0	$0
NITESH MEHTA	DIRECTOR	2.00	Director	$0	$0	$0
ASHEET YAGNIK	VICE PRESIDENT	2.00	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	No data	No data	No data	No data
2023	$1,310,614	$1,263,693	$1,481,494	$46,921
2022	$1,300,220	$1,435,379	$1,706,997	$-135,159
2021	$1,271,817	$1,250,482	$1,613,343	$21,335
2020	$1,234,251	$1,083,876	$1,677,740	$150,375
2019	$1,291,056	$1,175,816	$1,486,282	$115,240
2018	$1,275,805	$1,170,826	$1,360,671	$104,979

AVALON COMMUNITY ASSOCIATION