THE FOREST COMMUNITY ASSOCIATION (EIN 861071364) - 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

2003

Legal Domicile

Principal Officer

PHILLIP DAVIS

Phone

2104940659

Tax Period

2023-01-01 to 2023-12-31

THE FOREST COMMUNITY ASSOCIATION, founded in 2003, is a small nonprofit in the Community Improvement sector that reported $321K in total revenue in fiscal year 2023. The organization ran a surplus of $90K, a strong 28% operating margin.

Mission

PROMOTING THE COMMON GOOD AND GENERAL WELFARE OF THE PUBLIC AND COMMUNITY THROUGH MAINTAINING AND MANAGING THE PUBLIC AREAS, PLAYGROUND AND POOL OF THE FOREST COMMUNITY ASSOCIATION.

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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 $0

Program Service Revenue $317,833

Investment Income $3,072

Other Revenue $0

TOTAL REVENUE $320,905

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $193,518

Other Expenses $230,793

TOTAL EXPENSES $230,793

Year-over-Year Comparison

	2023	2022	Change
Revenue	$320,905	$326,283	0.0%
Expenses	$230,793	$498,002	-0.5%
Net Income	$90,112	$-171,719	-1.5%

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
RUBI ALMENDAREZ	DIRECTOR	2.00	Director	$0	$0	$0
PHILLIP DAVIS	SECRETARY	2.00	Officer Director	$0	$0	$0
KENTRELL JONES	DIRECTOR	2.00	Director	$0	$0	$0
VALENCIA PATRICK	DIRECTOR	2.00	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
2025	No data	No data	No data	No data
2024	No data	No data	No data	No data
2023	$320,905	$230,793	$724,453	$90,112
2022	$326,283	$498,002	$618,777	$-171,719
2021	$323,715	$519,701	$778,837	$-195,986
2020	$320,110	$286,313	$986,958	$33,797
2019	$337,253	$486,374	$902,846	$-149,121

THE FOREST COMMUNITY ASSOCIATION