MONTGOMERY TRACE PROPERTY OWNERS (EIN 760679666) - 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

1999

Legal Domicile

Principal Officer

CLARICE WOMACK

Phone

2812553055

Tax Period

2024-01-01 to 2024-12-31

MONTGOMERY TRACE PROPERTY OWNERS, founded in 1999, is a small nonprofit in the Community Improvement sector that reported $363K in total revenue in fiscal year 2024. Net assets of $1.8M represent 60 months of operating reserves.

Mission

THIS HOMEOWNERS ASSOCIATIONS MISSION IS TO PROVIDE FOR THE OPERATION, PRESERVATION, AND MAINTENANCE OF THE SUBDIVISION FOR THE ENJOYMENT OF THE COMMUNITY AND PUBLIC 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 (2024)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $315,887

Investment Income $47,235

Other Revenue $0

TOTAL REVENUE $363,122

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $327,455

Other Expenses $374,814

TOTAL EXPENSES $374,814

Year-over-Year Comparison

	2024	2023	Change
Revenue	$363,122	$362,344	+0.0%
Expenses	$374,814	$466,073	-0.2%
Net Income	$-11,692	$-103,729	-0.9%

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
CLARICE WOMACK	PRESIDENT	3.00	Director	$0	$0	$0
LEONARD BRUNASSO	VICE PRESIDENT	3.00	Director	$0	$0	$0
ART SHADDIX JR	SECRETARY	3.00	Director	$0	$0	$0
LANNY SEMMLER	TREASURER	3.00	Director	$0	$0	$0
KERRY ARMSTRONG	MEMBER AT LARGE	3.00	Director	$0	$0	$0
STACEY BURLIN	MEMBER AT LARGE	3.00	Director	$0	$0	$0
PAUL KLEINEN	MEMBER AT LARGE	3.00	Director	$0	$0	$0
CHRISTOPER INSELL	MEMBER AT LARGE	3.00	Director	$0	$0	$0
RAHUL MEHRA	MEMBER AT LARGE	3.00	Director	$0	$0	$0
WARREN BARNHART	MEMBER AT LARGE	3.00	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	$363,122	$374,814	$2,009,915	$-11,692
2023	$362,344	$466,073	$1,976,288	$-103,729
2022	$340,905	$289,534	$2,105,253	$51,371
2021	$285,550	$282,638	$2,038,926	$2,912
2020	$300,081	$222,619	$2,008,416	$77,462
2019	$300,553	$239,310	$1,955,716	$61,243
2018	$293,356	$435,624	$1,868,641	$-142,268

MONTGOMERY TRACE PROPERTY OWNERS