GRAND LAKES COMMUNITY ASSOCIATION (EIN 760581046) - 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

1998

Legal Domicile

Tax Period

2023-01-01 to 2023-12-31

GRAND LAKES COMMUNITY ASSOCIATION, founded in 1998, is a community nonprofit in the Community Improvement sector that reported $4.6M in total revenue in fiscal year 2023. Revenue grew 19% year-over-year, indicating healthy expansion. The organization ran a surplus of $803K, a strong 17% operating margin.

Mission

MAINTAINING THE COMMON AREAS OF THE COMMUNITY AND PROMOTING THE HEALTH, WELFARE AND SAFETY OF THE 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 $3,662,445

Program Service Revenue $0

Investment Income $45,297

Other Revenue $939,207

TOTAL REVENUE $4,646,949

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $3,493,937

Other Expenses $3,844,001

TOTAL EXPENSES $3,844,001

Year-over-Year Comparison

	2023	2022	Change
Revenue	$4,646,949	$3,912,093	+0.2%
Expenses	$3,844,001	$4,378,693	-0.1%
Net Income	$802,948	$-466,600	-2.7%

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
LI JUAN WANG	DIRECTOR	2.00	Officer	$0	$0	$0
YOUHONG WANG	DIRECTOR	2.00	Officer	$0	$0	$0
JONATHAN BURNS	DIRECTOR	2.00	Officer	$0	$0	$0
RICHARD POWELL	DIRECTOR	2.00	Officer	$0	$0	$0
SIDDARAMESHWAR BAGALI	DIRECTOR	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	$4,646,949	$3,844,001	$4,897,066	$802,948
2022	$3,912,093	$4,378,693	$3,689,212	$-466,600
2021	$4,506,940	$4,875,488	$5,021,671	$-368,548
2020	$4,093,503	$4,451,723	$5,315,589	$-358,220
2019	$4,069,014	$4,645,246	$5,885,067	$-576,232
2018	$4,121,403	$3,786,007	$6,541,845	$335,396

GRAND LAKES COMMUNITY ASSOCIATION