SUMMIT COUNTY RESORT HOMES INC

EIN: 923643344

BRECKENRIDGE, CO

Total Revenue
$341,427
Total Expenses
$336,395
Total Assets
$5,032
Net Assets
$5,032
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2023
Legal Domicile
CO
Principal Officer
RICHARD MASON
Tax Period
2023-03-31 to 2023-12-31

SUMMIT COUNTY RESORT HOMES INC, founded in 2023, is a small nonprofit that reported $341K in total revenue in fiscal year 2023.

Mission

The Corporation is formed exclusively for the promotion of social welfare within the meaning of Section 501c4 of the Internal Revenue Code of 1986 as amended the Code including but not limited to defending the rights of its members and other owners of residential property in Summit County Colorado to use their residential properties as short-term rentals. The Corporation may carry on any other lawful activity consistent with the Articles of Incorporation its Bylaws and the Act each as may be amended from time to time

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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 $341,427
Program Service Revenue $0
Investment Income $0
Other Revenue $0
TOTAL REVENUE $341,427

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $336,053
Other Expenses $336,395
TOTAL EXPENSES $336,395

Year-over-Year Comparison

2023 2022 Change
Revenue $341,427 N/A N/A
Expenses $336,395 N/A N/A
Net Income $5,032 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

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Liquidity & Cash Position

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Governance

Voting Members
3
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
1
$0
Total Directors
0
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Todd Ruelle President 10.00
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
2023 $341,427 $336,395 $5,032 $5,032
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