Vista Greens Homeowners Association

Nonprofit profile at a glance

EIN
810459931
IRS 990-EZ coverage
2021–2024
Forms available
Form 990 2022, Form 990-EZ 2024
Location
Butte, MT, USA
Rating
79
Verdict
SUPPORTED
Rating confidence
Moderate
Sector
Community, Neighborhood Development

Reported finances

Revenue
$61,982
Expenses
$81,295
Assets
$52,754
Liabilities
$35,809

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

Leadership & pay

5 people listed

Executive titles in this filing

  • Bob Fischer (President)
  • Jim Pesanti (Vice President)

People named in this filing

  • Bob Fischer (President)
  • Terry Bruhjill (Secretary)
  • Richard Garlish (Secretary Treasurer)

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

The primary purpose of Vista Greens Homeowners Association is to provide a safe environment where building maintenance grounds upkeep and structural insurance coverage are provided by the HOA. Insurance coverage is our largest line item in the budget and members are educated as to the best supplementary insurance available to cover deductibles and personal property.

What it reported doing in 2024

The Association incurs an annual expense of $20,400 for services rendered by independent contractor Curt Carlson. These services encompass comprehensive maintenance such as lawn care tree upkeep sprinkler system maintenance snow removal and certain minor building repairs. Curt Carlsons contributions are vital in ensuring the upkeep and aesthetics of the Associations premises contributing significantly to the overall quality and maintenance of the property.

Operating model

Revenue model
Membership-supported. 97% 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

SUPPORTED - A large share of available resources goes toward mission work and the filed numbers largely add up. Revenue has declined or grown slowly and expenses are high relative to revenue.

Rating breakdown

  • Financial Efficiency: 94
  • Transparency & Controls: 72
  • Sustainability: 26
  • Growth: 40

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 100%; rating input score 100
  • Program expense ratio: 84.7%; rating input score 85

Transparency & Controls

  • Consistency checks: 87.5%; rating input score 88; 2nd percentile among comparable filings
  • Major donor itemization: Limited

Sustainability

  • Operating margin: -31.2%; rating input score 18; 18th percentile among comparable filings
  • Total-asset coverage ratio: 0.65; rating input score 35; 35th percentile among comparable filings
  • Liabilities to assets ratio: 0.68; rating input score 7; 7th percentile among comparable filings
  • Officer compensation ratio: 0%; rating input score 56; 56th percentile among comparable filings

Growth

  • Program expense growth: 14.3% per year; rating input score 100; 77th percentile among comparable filings
  • Revenue growth: -38.7% per year; rating input score 0; 8th percentile among comparable filings
  • Asset growth: -78.6% per year; rating input score 0; 2nd percentile among comparable filings

Details

  • Where the money goes: 100% of revenue deployed · 84.7% of spending went to programs
  • Governance: Filed governance answers
  • Accomplishments: 3 filed program accomplishments · $69K in reported program spending
  • Leadership: top reported pay $0 · 5 people listed
  • Consistency: 8 of 8 current checks pass
  • Schedules: 2 filed schedules
  • Filing history: 3 filing years from 2021 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 — Growth: Revenue growth scored 0/100.
  • High — Sustainability: Operating margin scored 18/100.
  • High — Growth: Asset growth scored 0/100.
  • Moderate — Sustainability: Total-asset coverage ratio scored 35/100.
  • High — Sustainability: Liabilities to assets ratio scored 7/100.
  • Review — Sustainability: Officer compensation ratio scored 56/100.