Florida River Estates Homeowners (EIN 840863829) - Form 990 Financial Analysis & Trantor Score

🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Financial Trends

Organization Details

Formation Year

1976

Legal Domicile

Tax Period

2022-07-01 to 2023-06-30

Florida River Estates Homeowners, founded in 1976, is a small nonprofit that reported $206K in total revenue in fiscal year 2022. Revenue fell 33% from the prior year — a significant decline worth monitoring. Expenses of $231K exceeded revenue, resulting in a 12% operating deficit.

Mission

Provides water services to the Florida River Estates 98 homeowners on 112 lots.

🔒

Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

Sign in to view Trantor Score and financial metrics

Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2022)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $201,795

Investment Income $3,510

Other Revenue $403

TOTAL REVENUE $205,708

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $231,253

Other Expenses $231,253

TOTAL EXPENSES $231,253

Year-over-Year Comparison

	2022	2021	Change
Revenue	$205,708	$306,343	-0.3%
Expenses	$231,253	$191,056	+0.2%
Net Income	$-25,545	$115,287	-1.2%

Key Indicators

✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✗ Schedule B Required

🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

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
Judy Wachob	Director	2.00	Director	$0	$0	$0
Tim Pappi	Director	2.00	Director	$0	$0	$0
Terra Bumpers	Treasurer	2.00	Officer Director	$0	$0	$0
John Bernazzani	President	8.00	Officer Director	$0	$0	$0
James Scholan	Secretary	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
2025	No data	No data	No data	No data
2024	No data	No data	No data	No data
2023	$205,708	$231,253	$2,771,915	$-25,545
2022	$306,343	$191,056	$2,833,150	$115,287
2021	$1,181,546	$108,848	$2,729,969	$1,072,698

Florida River Estates Homeowners