GLEN VISTA PROPERTY OWNERS ASSN INC

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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

1974

Legal Domicile

Principal Officer

Karyn Thorne

Phone

7193151520

Tax Period

2025-01-01 to 2025-12-31

GLEN VISTA PROPERTY OWNERS ASSN INC, founded in 1974, is a small nonprofit that reported $146K in total revenue in fiscal year 2025. Revenue grew 9% year-over-year, indicating healthy expansion. Expenses of $168K exceeded revenue, resulting in a 16% operating deficit.

Mission

Promote the common good and general welfare of the owners and residents within the various Glen Vista Subdivisions and to bring about civic betterment and social improvements.

Program Service Accomplishments

Program 1

Expenses: $162,555 Revenue: $141,896

Maintain roads for community residents, enforcements, and other services

Program 2

Expenses: $3,944 Revenue: $0

Host community events and cleanup days

Program 3

Expenses: $1,809 Revenue: $0

Maintain Water Augmentation Station

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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 $145,484

Program Service Revenue $0

Investment Income $35

Other Revenue $0

TOTAL REVENUE $145,519

Expense Breakdown

Grants Paid $300

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $168,308

Other Expenses $168,008

TOTAL EXPENSES $168,308

Year-over-Year Comparison

	2025	2024	Change
Revenue	$145,519	$133,668	+0.1%
Expenses	$168,308	$101,869	+0.7%
Net Income	$-22,789	$31,799	-1.7%

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

1149

Independent Members

1149

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
Dawn White	Vice President	2	Officer	$0	$0	$0
Yvonne Loop	Former Vice President	2	Officer	$0	$0	$0
Karen Nichols	2nd Vice President	2	Officer	$0	$0	$0
Karyn Thorne	Treasurer	4	Officer	$0	$0	$0
Sue Marconi	Secretary	2	Officer	$0	$0	$0
Tijani Cole	Director	1	Officer	$0	$0	$0
Julia Patrick	Director	1	Officer	$0	$0	$0
Heather Sanchez	Former Director	1	Officer	$0	$0	$0
Clint Mays	Former Director	1	Officer	$0	$0	$0
Katherine Wickline	Former Director	1	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	$145,519	$168,308	$134,609	$-22,789