Fairway Villas Condominium Association Inc

EIN: 880099511

Las Vegas, NV

Total Revenue
$203,802
Total Expenses
$204,636
Total Assets
$125,817
Net Assets
$7,390
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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
1993
Legal Domicile
NV
Principal Officer
Susan Abernathy
Phone
7025971945
Tax Period
2023-01-01 to 2023-12-31

Fairway Villas Condominium Association Inc, founded in 1993, is a small nonprofit that reported $204K in total revenue in fiscal year 2023.

Mission

To oversee the overall development and maintenance of the 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%)

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Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $0
Program Service Revenue $0
Investment Income $1,857
Other Revenue $201,945
TOTAL REVENUE $203,802

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $169,990
Other Expenses $204,636
TOTAL EXPENSES $204,636

Year-over-Year Comparison

2023 2022 Change
Revenue $203,802 N/A N/A
Expenses $204,636 N/A N/A
Net Income $-834 N/A N/A
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

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Governance

Voting Members
6
Independent Members
N/A
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
0
$0
Total Directors
6
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Margaret Scholl Director 1.00
Director
$0 $0 $0
Rose Chesser Secretary 1.00
Director
$0 $0 $0
Susan Abernathy President 1.00
Director
$0 $0 $0
Audra Mansfield Director 1.00
Director
$0 $0 $0
Susan Lee Director 1.00
Director
$0 $0 $0
Patricia Roy Director 1.00
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
2023 $203,802 $204,636 $125,817 $-834
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