NORTHLAKE FOREST RESIDENTIAL ASSN (EIN 760587944) - 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

Principal Officer

MIKE NAVA

Tax Period

2025-01-01 to 2025-12-31

NORTHLAKE FOREST RESIDENTIAL ASSN, founded in 1998, is a small nonprofit in the Housing & Shelter sector that reported $505K in total revenue in fiscal year 2025. Revenue grew 9% year-over-year, indicating healthy expansion.

Mission

TO PROVIDE THE HEALTH SAFETY AND WELFARE OF THE COMMUNITY AT LARGE

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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 (2025)

Revenue Breakdown

Contributions & Grants $480,266

Program Service Revenue $0

Investment Income $4,469

Other Revenue $19,978

TOTAL REVENUE $504,713

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $494,092

Other Expenses $545,751

TOTAL EXPENSES $545,751

Year-over-Year Comparison

	2025	2024	Change
Revenue	$504,713	$461,104	+0.1%
Expenses	$545,751	$473,764	+0.2%
Net Income	$-41,038	$-12,660	+2.2%

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
MIKE NAVA	PRESIDENT	2.00	Officer	$0	$0	$0
CHANEL LOVE	SECRETARY	2.00	Officer	$0	$0	$0
COREY CUNNINGHAM	VICE PRESIDENT	2.00	Officer	$0	$0	$0
CHARLOTTE SMITH	TREASURER	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
2025	$504,713	$545,751	$349,469	$-41,038
2024	No data	No data	No data	No data
2023	$431,794	$457,163	$363,687	$-25,369
2022	$510,580	$527,855	$355,925	$-17,275
2021	$417,103	$407,403	$427,295	$9,700
2020	$400,722	$427,789	$410,090	$-27,067
2019	$383,552	$389,481	$441,433	$-5,929
2018	$378,258	$349,818	$419,807	$28,440

NORTHLAKE FOREST RESIDENTIAL ASSN