Broadmoor Mesa Homeowners Association C/o Warren Management Group Inc

Nonprofit profile at a glance

EIN
237185446
IRS 990-EZ coverage
2013–2024
Forms available
Form 990-EZ 2024
Location
Colorado Springs, CO, USA
Phone
7195340266
Rating
38
Verdict
REVIEW
Rating confidence
Moderate

Reported finances

Revenue
$105,470
Expenses
$97,110
Assets
$71,991
Liabilities
$18,488

Source: IRS Form 990-EZ. Selected filing: tax year 2024. Amounts in USD.

Leadership & pay

3 people listed

Executive titles in this filing

  • MICHELLE MCLEAN (PRESIDENT)
  • MIKE VILAND (VICE PRESIDENT)

People named in this filing

  • MICHELLE MCLEAN (PRESIDENT)
  • ALISON CUTTER (TREASURER)
  • MIKE VILAND (VICE PRESIDENT)

Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.

Source: IRS Form 990-EZ. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

Homeowners association

Operating model

Revenue model
Membership-supported. 100% of the money available for current operations came from membership dues.
Distribution model
No current program activity. The filing reports no program spending for the current year.

The verdict

REVIEW - The filed numbers largely add up and revenue has grown recently. A relatively small share of available resources goes toward mission work and a relatively small share of total spending goes to programs.

Rating breakdown

  • Financial Efficiency: 0
  • Transparency & Controls: 82
  • Sustainability: 49
  • Growth: 60

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 0%; rating input score 0
  • Program expense ratio: 0%; rating input score 0

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 52nd percentile among comparable filings
  • Major donor itemization: Limited

Sustainability

  • Operating margin: 7.9%; rating input score 54; 54th percentile among comparable filings
  • Total-asset coverage ratio: 0.74; rating input score 49; 49th percentile among comparable filings
  • Liabilities to assets ratio: 0.26; rating input score 16; 16th percentile among comparable filings
  • Officer compensation ratio: 0%; rating input score 63; 63rd percentile among comparable filings

Growth

  • Program expense growth: -9.8% per year; rating input score 0; 15th percentile among comparable filings
  • Revenue growth: 4.4% per year; rating input score 100; 45th percentile among comparable filings
  • Asset growth: 14.6% per year; rating input score 100; 72nd percentile among comparable filings

Details

  • Where the money goes: 0% of revenue deployed · 0% of spending went to programs
  • Governance: Filed governance answers
  • Accomplishments: 1 filed program accomplishment
  • Leadership: top reported pay $0 · 3 people listed
  • Consistency: 8 of 8 current checks pass
  • Schedules: 1 filed schedules
  • Filing history: 12 filing years from 2013 to 2024
  • Contacts: How to reach this organization
  • Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
  • People: Everyone the filings name, and which of them the filings identify by more than a name.

Key Signals

Signals prioritize questions for review. They are not findings of misconduct.

  • High — Financial Efficiency: Mission deployment rate scored 0/100.
  • High — Financial Efficiency: Program expense ratio scored 0/100.
  • High — Growth: Program expense growth scored 0/100.
  • Review — Sustainability: Operating margin scored 54/100.
  • Moderate — Sustainability: Total-asset coverage ratio scored 49/100.
  • High — Sustainability: Liabilities to assets ratio scored 16/100.