MONTEVIDEO IMPROVEMENT ASSOC NO 1 (EIN 941627221) - Form 990 Financial Analysis & Trantor Score

🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Financial Trends

Organization Details

Formation Year

1965

Legal Domicile

Phone

4083966870

Tax Period

2024-01-01 to 2024-12-31

MONTEVIDEO IMPROVEMENT ASSOC NO 1, founded in 1965, is a small nonprofit that reported $438K in total revenue in fiscal year 2024. The organization ran a surplus of $169K, a strong 39% operating margin.

Mission

homeowners association responsible for the operation of common area recreational facilities

🔒

Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

Sign in to view Trantor Score and financial metrics

Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $412,730

Investment Income $24,517

Other Revenue $733

TOTAL REVENUE $437,980

Expense Breakdown

Grants Paid $0

Salaries & Benefits $40,670

Fundraising Expenses $0

Program Expenses $236,115

Other Expenses $228,524

TOTAL EXPENSES $269,194

Year-over-Year Comparison

	2024	2023	Change
Revenue	$437,980	$421,297	+0.0%
Expenses	$269,194	$237,937	+0.1%
Net Income	$168,786	$183,360	-0.1%

Key Indicators

✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✗ Schedule B Required

🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Governance

Voting Members

Independent Members

N/A

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
RON BLUMSTEIN	Treasurer	2.00	Officer Director	$0	$0	$0
BEN SEIDEN	Secretary	2.00	Officer Director	$0	$0	$0
PAUL SIMS	Vice President	2.00	Officer Director	$0	$0	$0
TOM WINTON	President	2.00	Officer Director	$0	$0	$0
ROB MCCORD	MEMBER AT LARGE	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
2024	$437,980	$269,194	$1,534,262	$168,786
2023	$421,297	$237,937	$1,364,577	$183,360
2022	$388,799	$232,286	$1,172,776	$156,513
2021	$356,911	$160,388	$978,801	$196,523
2020	$349,529	$183,034	$787,001	$166,495
2019	$300,317	$182,521	$615,803	$117,796
2018	$260,225	$169,028	$479,075	$91,197

MONTEVIDEO IMPROVEMENT ASSOC NO 1