LAGUNA HEIGHTS COMMUNITY ASSOCIATION C/O SEABREEZE MANAGEMENT COMPANY (EIN 953890234) - Form 990 Financial Analysis & Trantor Score

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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

1983

Legal Domicile

Principal Officer

DALE KRAAI

Phone

9498551800

Tax Period

2023-10-01 to 2024-09-30

LAGUNA HEIGHTS COMMUNITY ASSOCIATION C/O SEABREEZE MANAGEMENT COMPANY, founded in 1983, is a community nonprofit that reported $2.8M in total revenue in fiscal year 2023. Expenses of $2.7M left a modest 4% surplus.

Mission

TO PROVIDE AND PRESERVE FOR THE USE AND ENJOYMENT OF THE COMMUNITY, CIVIC BETTERMENTS AND SOCIAL IMPROVEMENTS FOR AN ARCHITECTURALLY BEAUTIFUL APPEARANCE AND COMMUNITY ORIENTED AMENITIES.

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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 (2023)

Revenue Breakdown

Contributions & Grants $2,668,661

Program Service Revenue $14,144

Investment Income $65,117

Other Revenue $24,849

TOTAL REVENUE $2,772,771

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $2,410,065

Other Expenses $2,672,740

TOTAL EXPENSES $2,672,740

Year-over-Year Comparison

	2023	2022	Change
Revenue	$2,772,771	$2,601,316	+0.1%
Expenses	$2,672,740	$2,615,689	+0.0%
Net Income	$100,031	$-14,373	-8.0%

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

N/A

Volunteers

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
DALE KRAAI	PRESIDENT	5.00	Officer Director	$0	$0	$0
THOMAS DUNN	SECRETARY	5.00	Officer Director	$0	$0	$0
CATHLEEN PRYOR	VICE PRESIDENT	5.00	Officer Director	$0	$0	$0
PHILIP ZORC	TREASURER	5.00	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
2024	$2,772,771	$2,672,740	$2,073,957	$100,031
2023	$2,601,316	$2,615,689	$2,050,763	$-14,373
2022	$2,198,683	$2,364,406	$1,978,877	$-165,723
2021	$2,208,612	$2,428,006	$2,268,954	$-219,394
2020	$1,900,155	$1,918,958	$2,528,201	$-18,803
2019	$1,854,826	$2,162,755	$2,390,413	$-307,929
2018	$1,822,221	$1,946,857	$2,792,535	$-124,636

LAGUNA HEIGHTS COMMUNITY ASSOCIATION C/O SEABREEZE MANAGEMENT COMPANY