MORRISON RANCH ESTATES HOA C/O HOA ORGANIZERS

EIN: 953452899 Housing & Shelter

WINNETKA, CA

Total Revenue
$1,365,394
Total Expenses
$1,064,419
Total Assets
$3,951,543
Net Assets
$3,637,918
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1979
Legal Domicile
CA
Principal Officer
EYAL ERSTER
Phone
8187783331
Tax Period
2024-03-01 to 2025-02-28

MORRISON RANCH ESTATES HOA C/O HOA ORGANIZERS, founded in 1979, is a community nonprofit in the Housing & Shelter sector that reported $1.4M in total revenue in fiscal year 2024. Revenue surged 22% from the prior year, signaling strong growth momentum. The organization ran a surplus of $301K, a strong 22% operating margin.

Mission

THE SPECIFIC AND PRIMARY PURPOSES OF THE ASSOCIATION ARE TO BRING ABOUT CIVIC BETTERMENT AND SOCIAL IMPROVEMENTS BY PROVIDING FOR THE PRESERVATION OF THE ARCHITECTURE AND APPEARANCE OF THE COMMUNITY, AND BY OWNING, OPERATING, AND MAINTAINING THE PROPERTIES FOR USE OF ALL RESIDENTS IN THE ENTIRE COMMUNITY ON CERTAIN REAL PROPERTY LOCATED IN AGOURA HILLS, CALIF. AMONG THE GENERAL PURPOSES IS TO PROMOTE THE COMMON GOOD, HEALTH, SAFETY, AND GENERAL WELFARE OF ALL RESIDENTS WITHIN THE COMMUNITY. THE POPULATION OF THE ASSOCIATION IS APPROXIMATELY 3,000. NO GRANTS ARE PROVIDED TO OTHERS. THE ASSOCIATION OWNS AND MAINTAINS COMMON AREA PROPERTY WHICH IS PRIMARILY SLOPES AND GREENBELTS CONTAINING SIDEWALKS AND MONUMENTS. ALL FACILITIES ARE AVAILABLE TO RESIDENTS AND THEIR GUESTS ON AN UNRESTRICTED BASIS.

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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 (2024)

Revenue Breakdown

Contributions & Grants $1,242,549
Program Service Revenue $0
Investment Income $108,812
Other Revenue $14,033
TOTAL REVENUE $1,365,394

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $909,182
Other Expenses $1,064,419
TOTAL EXPENSES $1,064,419

Year-over-Year Comparison

2024 2023 Change
Revenue $1,365,394 $1,117,606 +0.2%
Expenses $1,064,419 $1,154,500 -0.1%
Net Income $300,975 $-36,894 -9.2%
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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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

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Governance

Voting Members
5
Independent Members
5
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
5
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
EYAL ERSTER PRESIDENT 2.00
Director
$0 $0 $0
STEPHEN GETZOFF TREASURER 2.00
Director
$0 $0 $0
BROOKS DINGMAN BOARD MEMBER 2.00
Director
$0 $0 $0
MARK SPECTOR BOARD MEMBER 2.00
Director
$0 $0 $0
JOSEPH LECHMAN BOARD MEMBER 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
2025 $1,365,394 $1,064,419 $3,951,543 $300,975
2024 $1,117,606 $1,154,500 $3,728,983 $-36,894
2023 $720,946 $823,689 $3,632,925 $-102,743
2022 $672,126 $834,192 $3,644,484 $-162,066
2021 $767,081 $790,829 $4,115,261 $-23,748
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