Cz Master Association C/o Seabreeze
Nonprofit profile at a glance
- EIN
- 330006719
- IRS 990 coverage
- 2016–2025
- Forms available
- Form 990 2025
- Location
- Aliso Viejo, CA, USA
- Phone
- 9495992193
- Rating
- 83
- Verdict
- STRONG
- Rating confidence
- Moderate
- Sector
- Administration of Justice, Courts
Reported finances
- Revenue
- $21,393,954
- Expenses
- $21,572,305
- Assets
- $8,289,657
- Liabilities
- $7,681,467
Source: IRS Form 990. Selected filing: tax year 2025. Amounts in USD.
Leadership & pay
5 people listed
Executive titles in this filing
- ERIC MUNK (PRESIDENT)
- ALISA IVIE (VICE PRESIDENT)
People named in this filing
- EDWARD THANGARATNAM (MEMBER AT LARGE)
- ERIC MUNK (PRESIDENT)
- JOSEPH KAUFMAN (SECRETARY)
Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.
Source: IRS Form 990. Selected filing: tax year 2025. Names and roles reflect this filing, not necessarily current officeholders.
Overview
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.
What it reported doing in 2025
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.
Operating model
- Revenue model
- Membership-supported. 96% of the money available for current operations came from membership dues.
- Distribution model
- Direct operator. The filing allocates 100% of reported program-service expenses outside its grant, affiliate-payment, and member-benefit lines. This expense classification does not rule out separately announced grant awards.
The verdict
STRONG - A large share of available resources goes toward mission work and the filed numbers largely add up. Some filing-based governance responses are negative or unanswered and expenses are high relative to revenue.
Rating breakdown
- Financial Efficiency: 84
- Transparency & Controls: 90
- Accountability: 88
- Sustainability: 23
- Growth: 80
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 95.1%; rating input score 95
- Program expense ratio: 94.3%; rating input score 94
- Fundraising efficiency: Limited
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 64th percentile among comparable filings
- Pay-setting controls: Limited
- Foreign activity oversight: Limited
- Grant itemization coverage: Limited
- Major donor itemization: Limited
- Related-party transparency: Limited
Accountability
- Independent voting board: 100%; rating input score 100; 64th percentile among comparable filings
- Governance controls: 5 of 7 controls in place; rating input score 71
- Conflict-of-interest policy: Fail
- Whistleblower policy: Fail
- Document-retention policy: Pass
- CEO compensation review process: NotApplicable
- Other executive compensation review process: NotApplicable
- Form 990 shared with the board: Pass
- Board meeting minutes documented: Pass
- Audit committee oversight: Pass
- Independent financial-statement audit: Pass
Sustainability
- Operating margin: -0.8%; rating input score 18; 18th percentile among comparable filings
- Total-asset coverage ratio: 0.38; rating input score 9; 9th percentile among comparable filings
- Liabilities to assets ratio: 0.93; rating input score 4; 4th percentile among comparable filings
- Officer compensation ratio: 0%; rating input score 96; 96th percentile among comparable filings
Growth
- Program expense growth: 11.1% per year; rating input score 100; 71st percentile among comparable filings
- Revenue growth: 8.6% per year; rating input score 100; 66th percentile among comparable filings
- Asset growth: -4.2% per year; rating input score 0; 2nd percentile among comparable filings
Details
- Where the money goes: 95.1% of revenue deployed · 94.3% of spending went to programs
- Governance: 5 of 5 board members independent · 5 of 7 filing controls reported
- Programs: 1 filed program accomplishment · $20.3M in reported program spending
- Leadership: top reported pay $0 · 5 people listed
- Highest-paid contractors: 5 contractors listed · $16.8M reported
- Consistency: 21 of 21 current checks pass
- Schedules: 3 filed schedules
- Filing history: 9 filing years from 2016 to 2025
- 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.
- Review — Accountability: Governance controls: 2 of 7 not reported.
- High — Sustainability: Operating margin scored 18/100.
- High — Sustainability: Total-asset coverage ratio scored 9/100.
- High — Growth: Asset growth scored 0/100.
- High — Sustainability: Liabilities to assets ratio scored 4/100.