LAGUNA HEIGHTS COMMUNITY ASSOCIATION C/O SEABREEZE MANAGEMENT COMPANY

EIN: 953890234

ALISO VIEJO, CA

Total Revenue
$2,643,757
Total Expenses
$2,457,121
Total Assets
$2,930,551
Net Assets
$556,004
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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
CA
Principal Officer
DALE KRAAI
Phone
9498551800
Tax Period
2024-10-01 to 2025-09-30

LAGUNA HEIGHTS COMMUNITY ASSOCIATION C/O SEABREEZE MANAGEMENT COMPANY, founded in 1983, is a community nonprofit that reported $2.6M in total revenue in fiscal year 2024. Expenses of $2.5M left a modest 7% surplus.

Mission

THE SPECIFIC AND PRIMARY PURPOSES OF THE ASSOCIATION ARE TO BRING CIVIC BETTERMENTS AND SOCIAL IMPROVEMENTS BY PROVIDING FOR THE PRESERVATION OF THE ARCHITECTURE AND APPEARANCE OF THE COMMUNITY BY OWNING, OPERATING, AND MAINTAINING THE PROPERTIES FOR USE OF ALL RESIDENTS IN THE ENTIRE COMMUNITY ON CERTAIN REAL PROPERTY LOCATED IN LAGUNA NIGUEL, CA. THE POPULATION OF THE COMMUNITY IS ABOUT 8,000. NO GRANTS ARE PROVIDED TO OTHERS. THE ASSOCIATION HAS NO EMPLOYEES. THE ASSOCIATION OWNS AND MAINTAINS 8,000,000 SQ FEET OF LAND. ALL FACILITIES ARE AVAILABLE TO RESIDENTS AND THEIR GUESTS ON AN UNRESTRICTED BASIS.

Program Service Accomplishments

Program 1
Expenses: $2,187,667 Revenue: $340,907

THE ASSOCIATION PROVIDES FOR THE PRESERVATION AND MAINTENANCE OF ARCHITECTURE, GREENBELTS, SLOPES, LIGHT FIXTURES, SIGNAGE IN THE PLANNED COMMUNITY IN ORANGE COUNTY, CALIFORNIA. IT REGULARLY, THROUGH...

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THE ASSOCIATION PROVIDES FOR THE PRESERVATION AND MAINTENANCE OF ARCHITECTURE, GREENBELTS, SLOPES, LIGHT FIXTURES, SIGNAGE IN THE PLANNED COMMUNITY IN ORANGE COUNTY, CALIFORNIA. IT REGULARLY, THROUGH ITS MAINTENANCE AND PRESERVATION ACTIVITIES, PROVIDES FOR CIVIC BETTERMENTS AND SOCIAL IMPROVEMENTS WHICH PROMOTE THE COMMON GOOD, HEALTH, SAFETY AND GENERAL WELFARE OF THE LOCAL COMMUNITY AND THE PUBLIC AT LARGE.

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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 $2,302,850
Program Service Revenue $57,166
Investment Income $69,731
Other Revenue $214,010
TOTAL REVENUE $2,643,757

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $2,187,667
Other Expenses $2,457,121
TOTAL EXPENSES $2,457,121

Year-over-Year Comparison

2024 2023 Change
Revenue $2,643,757 $2,772,771 0.0%
Expenses $2,457,121 $2,672,740 -0.1%
Net Income $186,636 $100,031 +0.9%
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
5
Independent Members
5
Employees
N/A
Volunteers
20

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
4
$0
Total Directors
5
$0
Key Employees
0
$0
Highest Compensated
0
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
DEBORAH POBLANO MEMBER-AT-LARGE 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
2025 $2,643,757 $2,457,121 $2,930,551 $186,636
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
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