HARMONY VILLA INC (EIN 954340543) - 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

1991

Legal Domicile

Principal Officer

Stephanie Klasky-Gamer

Phone

8189824091

Tax Period

2024-01-01 to 2024-12-31

HARMONY VILLA INC, founded in 1991, is a small nonprofit in the Community Improvement sector that reported $822K in total revenue in fiscal year 2024. Revenue surged 338% from the prior year, signaling strong growth momentum. The organization ran a surplus of $493K, a strong 60% operating margin.

Mission

HARMONY VILLA, INC. WAS ESTABLISHED TO OWN AN 18-UNIT COMPLEX LOCATED IN NORTH HOLLYWOOD, CALIFORNIA, WHICH PROVIDES PERMANENT HOUSING FOR FAMILIES WITH LOW INCOME AND OWNS A 1% INTEREST IN GLENOAKS GARDENS, L.P.

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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 (2024)

Revenue Breakdown

Contributions & Grants $626,847

Program Service Revenue $194,398

Investment Income $385

Other Revenue $0

TOTAL REVENUE $821,630

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $328,422

Other Expenses $328,422

TOTAL EXPENSES $328,422

Year-over-Year Comparison

	2024	2023	Change
Revenue	$821,630	$187,603	+3.4%
Expenses	$328,422	$647,178	-0.5%
Net Income	$493,208	$-459,575	-2.1%

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

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
IMA NSIEN	Secretary	0.50	Officer Director	$0	$0	$0
GREGG SHERKIN	Chairman	0.50	Officer Director	$0	$0	$0
DEBBIE BURKART	vice chair	0.50	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	$821,630	$328,422	$1,069,969	$493,208
2023	$187,603	$647,178	$1,046,696	$-459,575
2022	$192,620	$398,773	$912,662	$-206,153
2021	$192,774	$208,379	$1,168,078	$-15,605
2020	$189,916	$248,229	$1,222,456	$-58,313
2019	$181,342	$266,502	$1,263,129	$-85,160
2018	$162,931	$295,040	$1,302,337	$-132,109

HARMONY VILLA INC