Action Apartment Association Inc

EIN: 953754525

Santa Monica, CA

Total Revenue
$65,886
Total Expenses
$35,590
Total Assets
$11,529
Net Assets
$11,529
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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

Principal Officer
Wes Wellman
Tax Period
2020-01-01 to 2020-12-31

Action Apartment Association Inc is a micro nonprofit that reported $66K in total revenue in fiscal year 2020. The organization ran a surplus of $30K, a strong 46% operating margin.

Mission

Educational and informational assistance for apartment owners

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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 (2020)

Revenue Breakdown

Contributions & Grants $65,886
Program Service Revenue $0
Investment Income $0
Other Revenue $0
TOTAL REVENUE $65,886

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Other Expenses $35,590
TOTAL EXPENSES $35,590

Year-over-Year Comparison

2020 2019 Change
Revenue $65,886 N/A N/A
Expenses $35,590 N/A N/A
Net Income $30,296 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

Financial Distress Indicator

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
10
Independent Members
10
Employees
2
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
3
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Wes Wellman CFO 5.00
Director
$0 $0 $0
Wendie Olshan Vice President 5.00
Director
$0 $0 $0
Elaine Golden-Gelaer CEO 5.00
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
2020 $65,886 $35,590 $11,529 $30,296
2019 $73,682 $85,002 $18,422 $-11,320
2018 $84,287 $112,655 $30,667 $-28,368
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