GREENMEADOW COMMUNITY ASSOCIATION

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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

1955

Legal Domicile

Principal Officer

GLENN FLINCHBAUGH

Phone

6504943157

Tax Period

2025-01-01 to 2025-12-31

GREENMEADOW COMMUNITY ASSOCIATION, founded in 1955, is a community nonprofit that reported $1.2M in total revenue in fiscal year 2025. Expenses of $1.1M left a modest 6% surplus.

Mission

PROVIDE COMMUNITY SERVICES INCLUDING RECREATIONAL, COMMUNICATION, SOCIAL AND CIVIC.

Program Service Accomplishments

Program 1

Expenses: $1,038,320 Revenue: $155,148

THE GREENMEADOW COMMUNITY ASSOCIATION (GMCA) OPERATE A COMMUNITY SWIMMING POOL SERVING OVER 250 LOCAL FAMILIES. IN CONNECTION WITH THE POOL, THE ORGANIZATION PROVIDES SWIMMING LESSONS, OPERATES A...

THE GREENMEADOW COMMUNITY ASSOCIATION (GMCA) OPERATE A COMMUNITY SWIMMING POOL SERVING OVER 250 LOCAL FAMILIES. IN CONNECTION WITH THE POOL, THE ORGANIZATION PROVIDES SWIMMING LESSONS, OPERATES A COMPETITIVE SWIMMING TEAM, AND PROVIDES LIFEGUARD TRAINING CLASSES FOR THE BENEFIT OF LOCAL YOUTH. SWIMMING CONDITIONING CLASSES ARE ALSO PROVIDED TO ADULTS WHO ARE MEMBERS OF THE ORGANIZATION. IN ADDITION TO THE SWIMMING POOL, THE ORGANIZATION OVERSEES A SMALL OUTDOOR PARK AND CLUBHOUSE THAT ARE AVAILABLE FOR THE BENEFIT OF MEMBERS. IN 2021, THE ORGANIZATION USED THESE FACILITIES FOR YOUTH DAY CAMPS DURING SCHOOL HOLIDAYS AND THE SUMMER VACATION PERIOD. THE ASSOCIATION ADDITIONALLY ORGANIZES SEVERAL CELEBRATIONS DURING THE YEAR FOR THE SOCIAL BENEFIT OF THE LOCAL COMMUNITY, INCLUDING MEMORIAL DAY, INDEPENDENCE DAY, AND LABOR DAY. FURTHER, THE ASSOCIATION MANAGES SEVERAL COMMITTEES, STAFFED BY VOLUNTEERS, THAT BENEFIT THE LOCAL COMMUNITY. THERE ARE SEPARATE COMMITTEES FOR CIVIC AFFAIRS, EMERGENCY PREPAREDNESS, COMMUNICATIONS, SOCIAL ENGAGEMENT, ARCHITECTURAL REVIEW, MEMBERSHIP, FACILITIES, FINANCE, AND THE SWIMMING TEAM.

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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 $686,290

Program Service Revenue $155,151

Investment Income $33,385

Other Revenue $283,773

TOTAL REVENUE $1,158,599

Expense Breakdown

Grants Paid $0

Salaries & Benefits $373,765

Fundraising Expenses $0

Program Expenses $1,038,320

Other Expenses $711,444

TOTAL EXPENSES $1,085,209

Year-over-Year Comparison

	2025	2024	Change
Revenue	$1,158,599	$1,119,286	+0.0%
Expenses	$1,085,209	$1,067,958	+0.0%
Net Income	$73,390	$51,328	+0.4%

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

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
LOREE WATANAGE	CLUB MANAGER	40.00	Highest	$102,700	$22,681	$125,381
JOSH FEIRA	TREASURER	8.00	Officer Director	$0	$0	$0
GLENN FLINCHBAUGH	ASST. TREASU	0.50	Officer Director	$0	$0	$0
ALLISON FRISBEE	ASST. VICE P	0.50	Officer Director	$0	$0	$0
SEAN GIFFEN	PRESIDENT	5.00	Officer Director	$0	$0	$0
OLIVER LEE	VICE-PRESIDE	0.50	Officer Director	$0	$0	$0
BRYAN LYNCH	ASST. SECRET	0.50	Officer Director	$0	$0	$0
ALESSANDRO MAGNANI	SECRETARY	1.00	Officer 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	$1,158,599	$1,085,209	$3,077,358	$73,390
2024	No data	No data	No data	No data
2023	$1,084,466	$998,771	$3,145,221	$85,695
2022	$1,021,591	$933,005	$3,165,800	$88,586
2021	$909,905	$903,592	$3,443,765	$6,313
2020	$645,862	$820,019	$3,504,766	$-174,157
2019	$829,900	$774,779	$3,577,621	$55,121
2018	$996,901	$674,778	$3,677,407	$322,123