Civic Intelligence

Lakes of Katy Property Owners Assn

EIN 20-1486496 • 501(c)4 • Katy, TX

Profile

To promote health safety and welfare

2002 West Grand Parkway N Ste 100Katy, TX 77449
Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

85th percentile

0.23x

Higher debt load relative to assets than 85% of similar nonprofits.

501(c)4 • <$500k nonprofits • Source year 2025

Liabilities / Revenue

93rd percentile

0.68x

Higher debt load relative to revenue than 93% of similar nonprofits.

501(c)4 • <$500k nonprofits • Source year 2025

Net Margin

34th percentile

-6.8%

Higher net margin than 34% of similar nonprofits.

501(c)4 • <$500k nonprofits • Source year 2025

Top Officer Pay

89th percentile

$0

Higher top officer pay than 89% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

501(c)4 • <$500k nonprofits • Source year 2025

Asset Growth

49th percentile

-2.0%

Faster asset growth than 49% of similar nonprofits.

501(c)4 • <$500k nonprofits • Annualized from 2024 to 2025

Revenue Growth

43rd percentile

-5.7%

Faster revenue growth than 43% of similar nonprofits.

501(c)4 • <$500k nonprofits • Annualized from 2024 to 2025

Balance Sheet
Liabilities / Assets85th percentile

Assets

Up

$456,297

Up $64,757 (+17%) from 2022

Liabilities

Up

$112,094

Up $13,264 (+13%) from 2022

Net Assets

Up

$344,203

Up $51,493 (+18%) from 2022

Operations
Liabilities / Revenue93rd percentileNet Margin34th percentile

Revenue

Down

$161,678

Down $20,537 (-11%) from 2022

Expenses

Up

$138,748

Up $661 (+0.5%) from 2022

Net Income

Down

$22,930

Down $21,198 (-48%) from 2022

Trend Graphs

Balance Sheet Trend

Asset Growth49th percentile

Grouped bars show assets, liabilities, and net assets across loaded filings.

$600K$400K$200K$0Assets 2016: $268,086Liabilities 2016: $65,558Net Assets 2016: $202,5282016Assets 2018: $440,892Liabilities 2018: $86,084Net Assets 2018: $354,8082018Assets 2019: $434,071Liabilities 2019: $79,317Net Assets 2019: $354,7542019Assets 2021: $406,660Liabilities 2021: $88,954Net Assets 2021: $317,7062021Assets 2022: $391,540Liabilities 2022: $98,830Net Assets 2022: $292,7102022Assets 2024: $456,297Liabilities 2024: $112,094Net Assets 2024: $344,2032024

Highlighted filing

2024

Assets$456,297
Liabilities$112,094
Net Assets$344,203
Open 2024 Filing

Operations Trend

Revenue Growth43rd percentile

Revenue, expenses, and net income by year, with the latest filing highlighted.

$200K$100K$0-$100KRevenue 2016: $113,994Expenses 2016: $148,337Net Income 2016: -$34,3432016Revenue 2018: $175,413Expenses 2018: $84,427Net Income 2018: $90,9862018Revenue 2019: $161,195Expenses 2019: $161,249Net Income 2019: -$542019Revenue 2021: $167,060Expenses 2021: $190,121Net Income 2021: -$23,0612021Revenue 2022: $182,215Expenses 2022: $138,087Net Income 2022: $44,1282022Revenue 2024: $161,678Expenses 2024: $138,748Net Income 2024: $22,9302024

Highlighted filing

2024

Revenue$161,678
Expenses$138,748
Net Income$22,930
Open 2024 Filing

Filings

Most recent year

2024 • Form 990EZXML pending. An XML filing is linked for this year, but detailed extraction is still pending.

Open filing
Assets
$456,297
Liabilities
$112,094
Net assets
$344,203
Revenue
$161,678
Expenses
$138,748
Net income
$22,930
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$4.56$1.12$3.44$1.62$1.39$0.23
2022XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$3.92$0.99$2.93$1.82$1.38$0.44
2021Detailed filing. Detailed filing data is available for this year.$4.07$0.89$3.18$1.67$1.90$0.23
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$4.34$0.79$3.55$1.61$1.61$0.00
2018Detailed filing. Detailed filing data is available for this year.$4.41$0.86$3.55$1.75$0.84$0.91
2016XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2.68$0.66$2.03$1.14$1.48$0.34
Latest Detailed Filing

The latest 2024 filing currently has linked XML that has not been fully parsed yet. Showing the latest detailed filing from 2021 below.

Jump To
Filing Snapshot
Filing Period
Jan 1, 2021 to Dec 31, 2021
Signed
Feb 12, 2022
Return Version
2021v4.1
Gross Receipts
$167,060
Mission and Program Overview

Mission

To promote health, safety and welfare

To promote health safety and welfare

Program Services

DescriptionGrantsExpenses
THE ASSOCIATIONS PURPOSE IS THE PRESERVATION AND MAINTENANCE OF THE COMMUNITY AT LARGE-$165,585
Compensation and Service Providers
Top Officer Pay89th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
DAVID WELCHVice Pres-$0--
ANDREW HALLTreas-$0--
JUAN CARLOS MONDELLI JRSecretary-$0--
Filing and Contact Details

Filer

Filer Name
Lakes of Katy Property Owners Assn
EIN
20-1486496
Address
2002 WEST GRAND PARKWAY N STE 100, Katy, TX 77449

Signing Officer

Name
David Welch
Title
Vice President
Phone
2815041300
Signed
2022-02-12
Discuss with paid preparer
No

Preparer

Firm
Elaine W Combs CPA
Address
P O BOX 148, Hungerford, TX 77448
Preparer
Elaine W Combs
Phone
2814136593
Supplemental Narrative

Additional Explanations

Description of other revenue Part I line 8

“Description AmountFEE INCOME 6,722INSURANCE CLAIM 2,544”

Description of other expenses Part I line 16

“Description AmountINSURANCE 6,463PROPERTY TAXES 69COMMUNITY EVENTS 1,500SKI TOURNAMENT 5,435BAD DEBT 757”

Other changes in net assets or fund balances Part I line 20

“Description AmountMANAGEMENT ADJUSTMENT (15)”

Description of total liabilities Part II line 26

“Category Beginning of Year End of YearDEPOSITS 16,395 24,995PREPAID ASSESSMENTS 81,497 63,959”

Raw XML Appendix120 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

Path#Value
IRS990EZ/ActivitiesNotPreviouslyRptInd0false
IRS990EZ/BooksInCareOfDetail/PersonNm0SEVERN TRENT
IRS990EZ/BooksInCareOfDetail/PhoneNum02815041300
IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt02002 WEST GRAND PARKWAY N STE 100
IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0Katy
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0TX
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd077449
IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt0438674
IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt0406660
IRS990EZ/ChgMadeToOrgnzngDocNotRptInd0false
IRS990EZ/DonorAdvisedFndsInd0false
IRS990EZ/EngagedInExcessBenefitTransInd0false
IRS990EZ/ExcessOrDeficitForYearAmt0-23061
IRS990EZ/FeesAndOtherPymtToIndCntrctAmt0154512
IRS990EZ/FiledScheduleAInd0false
IRS990EZ/ForeignFinancialAccountInd0false
IRS990EZ/ForeignOfficeInd0false
IRS990EZ/Form1120PolFiledInd0false
IRS990EZ/Form990TotalAssetsGrp/BOYAmt0438674
IRS990EZ/Form990TotalAssetsGrp/EOYAmt0406660
IRS990EZ/GrossReceiptsAmt0167060
IRS990EZ/InfoInScheduleOPartIIInd0X
IRS990EZ/InfoInScheduleOPartIInd0X
IRS990EZ/InvestmentIncomeAmt0293
IRS990EZ/LandAndBuildingsGrp/BOYAmt00
IRS990EZ/LandAndBuildingsGrp/EOYAmt00
IRS990EZ/MadeLoansToFromOfficersInd0false
IRS990EZ/MembershipDuesAmt0157501
IRS990EZ/MethodOfAccountingAccrualInd0X
IRS990EZ/NetAssetsOrFundBalancesBOYAmt0340782
IRS990EZ/NetAssetsOrFundBalancesEOYAmt0317706
IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt0340782
IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt0317706
IRS990EZ/OccupancyRentUtltsAndMaintAmt020653
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt02.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt12.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt22.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0DAVID WELCH
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm1ANDREW HALL
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm2JUAN CARLOS MONDELLI JR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0VICE PRES
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1TREAS
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2SECRETARY
IRS990EZ/OperateHospitalInd0false
IRS990EZ/Organization501cInd0X
IRS990EZ/OrganizationDissolvedEtcInd0false
IRS990EZ/OrganizationHadUBIInd0false
IRS990EZ/OtherAssetsTotalDetail/BOYAmt00
IRS990EZ/OtherAssetsTotalDetail/EOYAmt00
IRS990EZ/OtherChangesInNetAssetsAmt0-15
IRS990EZ/OtherExpensesTotalAmt014224
IRS990EZ/OtherRevenueTotalAmt09266
IRS990EZ/PoliticalCampaignActyInd0false
IRS990EZ/PrimaryExemptPurposeTxt0TO PROMOTE HEALTH SAFETY AND WELFARE
IRS990EZ/PrintingPublicationsPostageAmt0732
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0THE ASSOCIATIONS PURPOSE IS THE PRESERVATION AND MAINTENANCE OF THE COMMUNITY AT LARGE
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt0165585
IRS990EZ/ProhibitedTaxShelterTransInd0false
IRS990EZ/RelatedOrganizationCtrlEntInd0false
IRS990EZ/ScheduleBNotRequiredInd0X
IRS990EZ/SubjectToProxyTaxInd0false
IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt097892
IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt088954
IRS990EZ/TanningServicesProvidedInd0false
IRS990EZ/TotalExpensesAmt0190121
IRS990EZ/TotalProgramServiceExpensesAmt0165585
IRS990EZ/TotalRevenueAmt0167060
IRS990EZ/TransactionWithControlEntInd0false
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0Description AmountFEE INCOME 6,722INSURANCE CLAIM 2,544
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1Description AmountINSURANCE 6,463PROPERTY TAXES 69COMMUNITY EVENTS 1,500SKI TOURNAMENT 5,435BAD DEBT 757
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2Description AmountMANAGEMENT ADJUSTMENT (15)
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3Category Beginning of Year End of YearDEPOSITS 16,395 24,995PREPAID ASSESSMENTS 81,497 63,959
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Description of other revenue Part I line 8
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Description of other expenses Part I line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Other changes in net assets or fund balances Part I line 20
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Description of total liabilities Part II line 26
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/AuthenticationAssuranceLevelCd0AAL2
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/IdentityAssuranceLevelCd0IAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/OOBSecurityVerificationCd000
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/TrustedCustomerCd00
ReturnHeader/BuildTS02022-09-23 18:48:47Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0false
ReturnHeader/BusinessOfficerGrp/PersonNm0DAVID WELCH
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0VICE PRESIDENT
ReturnHeader/BusinessOfficerGrp/PhoneNum02815041300
ReturnHeader/BusinessOfficerGrp/SignatureDt02022-02-12
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0LAKES OF KATY PROPERTY OWNERS ASSN
ReturnHeader/Filer/BusinessNameControlTxt0LAKE
ReturnHeader/Filer/EIN0201486496
ReturnHeader/Filer/USAddress/AddressLine1Txt02002 WEST GRAND PARKWAY N STE 100
ReturnHeader/Filer/USAddress/CityNm0Katy
ReturnHeader/Filer/USAddress/StateAbbreviationCd0TX
ReturnHeader/Filer/USAddress/ZIPCd077449
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0760371271
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0ELAINE W COMBS CPA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0P O BOX 148
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0Hungerford
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0TX
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd077448
ReturnHeader/PreparerPersonGrp/PhoneNum02814136593
ReturnHeader/PreparerPersonGrp/PreparationDt02022-03-08
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0ELAINE W COMBS
ReturnHeader/PreparerPersonGrp/SelfEmployedInd0X
ReturnHeader/ReturnTs02022-03-08T10:36:32-05:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0DAVID
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0WELCH
ReturnHeader/TaxPeriodBeginDt02021-01-01
ReturnHeader/TaxPeriodEndDt02021-12-31
ReturnHeader/TaxYr02021

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Peer Organizations

Similar nonprofits based on the same Siviq industry and scale cohort. 501(c)4 • <$500k nonprofits