DISCOVERY HARBOUR COMMUNITY ASSOCIATION (EIN 990221273) - Form 990 Financial Analysis & Trantor Score

🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Financial Trends

Organization Details

Formation Year

1982

Legal Domicile

Principal Officer

NELS EKLUND

Phone

8089299576

Tax Period

2024-01-01 to 2024-12-31

DISCOVERY HARBOUR COMMUNITY ASSOCIATION, founded in 1982, is a small nonprofit that reported $240K in total revenue in fiscal year 2024. Revenue surged 90% from the prior year, signaling strong growth momentum. The organization ran a surplus of $66K, a strong 27% operating margin.

Mission

TO IMPROVE COMMMUNITY RELATIONS

🔒

Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

Sign in to view Trantor Score and financial metrics

Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $118,266

Investment Income $103,375

Other Revenue $18,825

TOTAL REVENUE $240,466

Expense Breakdown

Grants Paid $0

Salaries & Benefits $30,220

Fundraising Expenses $0

Program Expenses $174,555

Other Expenses $144,335

TOTAL EXPENSES $174,555

Year-over-Year Comparison

	2024	2023	Change
Revenue	$240,466	$126,887	+0.9%
Expenses	$174,555	$198,206	-0.1%
Net Income	$65,911	$-71,319	-1.9%

Key Indicators

✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✗ Schedule B Required

🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Governance

Voting Members

Independent Members

Employees

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
SUE BARLOW	DIRECTOR	N/A	Director	$0	$0	$0
DAVID TATE	DIRECTOR	10.00	Director	$0	$0	$0
KAREN MORROW	DIRECTOR	10.00	Director	$0	$0	$0
ERIK OTT	TREASURER	10.00	Officer	$0	$0	$0
RICH MORROW	SECRETARY	10.00	Officer	$0	$0	$0
DEBORAH ADRZECZAK	VP, DIRECTOR	10.00	Officer	$0	$0	$0
NELS EKLUND	PRESIDENT	10.00	Officer	$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	$240,466	$174,555	$284,252	$65,911
2023	$126,887	$198,206	$225,747	$-71,319
2022	$127,442	$121,034	$294,689	$6,408
2021	$153,533	$109,211	$281,032	$44,322
2020	$113,734	$201,043	$228,997	$-87,309
2020	$113,752	$200,992	$229,066	$-87,240
2019	$42,153	$87,281	$314,298	$-45,128
2019	$46,362	$87,755	$317,170	$-41,393
2018	$92,387	$84,023	$358,016	$8,364
2018	$100,287	$70,589	$376,802	$29,698

DISCOVERY HARBOUR COMMUNITY ASSOCIATION