HYDER COMMUNITY ASSOCIATION INC (EIN 920087058) - 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

1981

Legal Domicile

Principal Officer

Richard Simpson

Tax Period

2024-07-01 to 2025-06-30

HYDER COMMUNITY ASSOCIATION INC, founded in 1981, is a small nonprofit in the Community Improvement sector that reported $219K in total revenue in fiscal year 2024. Revenue fell 50% from the prior year — a significant decline worth monitoring. Expenses of $293K exceeded revenue, resulting in a 33% operating deficit.

Mission

The Hyder Community Association exists exclusively for the "betterment" of the community of Hyder, Alaska. We provide various municipal type services, apply for and administer grant funded projects, and provide employment for the residents of Hyder.

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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 $32,567

Program Service Revenue $168,064

Investment Income $2,412

Other Revenue $16,219

TOTAL REVENUE $219,262

Expense Breakdown

Grants Paid $0

Salaries & Benefits $35,248

Fundraising Expenses $0

Program Expenses $292,656

Other Expenses $257,409

TOTAL EXPENSES $292,657

Year-over-Year Comparison

	2024	2023	Change
Revenue	$219,262	$437,070	-0.5%
Expenses	$292,657	$446,327	-0.3%
Net Income	$-73,395	$-9,257	+6.9%

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

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
Diana Simpson	President	3.00	Officer	$0	$0	$0
Richard Simpson	Secretary/Treasurer	5.00	Officer	$0	$0	$0
Carol Denton	Vice President	3.00	Officer Director	$0	$0	$0
Michael Burnett	Director	3.00	Director	$0	$0	$0
Naomi Pelletier	Director	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
2025	$219,262	$292,657	$343,642	$-73,395
2024	$437,070	$446,327	$415,934	$-9,257
2023	$307,986	$297,538	$425,555	$10,448
2022	$362,353	$396,981	$417,342	$-34,628
2021	$244,281	$183,090	$451,970	$61,191

HYDER COMMUNITY ASSOCIATION INC