Liabilities / Assets
80th percentile
Higher debt load relative to assets than 80% of similar nonprofits.
Kenswick Meadows Community Association Inc
990EZ • Fiscal year 2021 • EIN 20-2726910
Siviq Scores
Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.
0.14x
Liabilities / Revenue
82nd percentile
Higher debt load relative to revenue than 82% of similar nonprofits.
Net Margin
53rd percentile
Higher net margin than 53% of similar nonprofits.
Top Officer Pay
86th percentile
Higher top officer pay than 86% of similar nonprofits.
Top officer pay equals 0.0% of source-year revenue.
Asset Growth
57th percentile
Faster asset growth than 57% of similar nonprofits.
Revenue Growth
59th percentile
Faster revenue growth than 59% of similar nonprofits.
Balance Sheet
Assets
Up$179,092
Up $11,897 (+7.1%) from 2020
Net Assets
Up$153,822
Up $9,742 (+6.8%) from 2020
Liabilities
Up$25,270
Up $2,155 (+9.3%) from 2020
Revenue And Expenses
Revenue
Up$103,706
Up $4,902 (+5.0%) from 2020
Expenses
Up$93,966
Up $33,433 (+55%) from 2020
Net Income
Down$9,740
Down $28,531 (-75%) from 2020
Historical Trend
Jump To
Filing Snapshot
- Filing Period
- Jan 1, 2021 to Dec 31, 2021
- Signed
- Mar 8, 2022
- Return Version
- 2021v4.0
- Gross Receipts
- $103,706
Mission and Program Overview
Mission
Kenswick meadows community association, inc was formed to provide for maintenence, preservation, and architectural control of the residential homes and common areas within the subdivision. Additionally, the association provides for the health, safety, and welfare of the residents.
Kenswick meadows community association, inc was formed to provide for maintenence, preservation, and architectural control of the residential lots and common areas within the subdivision. Additionally, the association provides for the health, safety, and welfare of the residents.
Program Services
| Description | Grants | Expenses |
|---|---|---|
| DURING 2021, THE ASSOCIATION CONTINUED TO MAINTAIN THE COMMON AREAS. THE ANNUAL ASSESSMENTS WERE USED FOR THIS PURPOSE AND ANY REMAINING FUNDS HAVE BEEN SET ASIDE IN A RESERVE FUND FOR FUTURE REPAIRS AND IMPROVEMENTS. | - | $93,966 |
Compensation and Service Providers
Employees
| Name | Title | Full / Part Time | Base | Other | Total |
|---|---|---|---|---|---|
| DAVID COBIN | President | - | $0 | - | - |
| DEIDRE DARNELL | Treasurer | - | $0 | - | - |
| RAYMOND BENSON JR | Secretary | - | $0 | - | - |
| CHAUNDRETTE WILLIS | Director | - | $0 | - | - |
Filing and Contact Details
Filer
- Filer Name
- Kenswick Meadows Community
- EIN
- 20-2726910
- Phone
- 2815481040
- Address
- 1416A STONEHOLLOW DR, KINGWOOD, TX 77339
Signing Officer
- Name
- David Cobin
- Title
- President
- Phone
- 2815481040
- Signed
- 2022-03-08
Preparer
- Firm
- L G Harrison LLC
- Address
- 1416A STONEHOLLOW DRIVE, KINGWOOD, TX 77339-2492
- Preparer
- Lynda G Harrison CPA
- Phone
- 2815481040
Supplemental Narrative
Additional Explanations
Form 990-ez, Part I, Line 16
“Expenses office 4,739 insurance 4,400 d&o insurance 3,240 landscape other 7,975 community events 5,642 total 25,996”
Form 990-ez, Part II, Line 24
“Accounts receivable 22,626 24,278 less allowance 6,171 3,876 net 16,455 20,402 prepaid expenses and deferred charges 0 1,966 total 16,455 22,368”
Form 990-ez, Part II, Line 26
“Deferred revenue 23,115 25,270”
Form 990-ez, Part III
“Kenswick meadows community association, inc was formed to provide for maintenence, preservation, and architectural control of the residential lots and common areas within the subdivision. Additionally, the association provides for the health, safety, and welfare of the residents.”
Form 990-ez, Part III, Line 28
“During 2021, the association continued to maintain the common areas. The annual assessments were used for this purpose and any remaining funds have been set aside in a reserve fund for future repairs and improvements.”
Raw XML Appendix113 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/ActivitiesNotPreviouslyRptInd | 0 | false |
| IRS990EZ/BooksInCareOfDetail/BusinessName/BusinessNameLine1Txt | 0 | HARRISON & SOLIS BTS |
| IRS990EZ/BooksInCareOfDetail/PhoneNum | 0 | 2815481040 |
| IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt | 0 | 1416A STONEHOLLOW DR |
| IRS990EZ/BooksInCareOfDetail/USAddress/CityNm | 0 | KINGWOOD |
| IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd | 0 | TX |
| IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd | 0 | 77339 |
| IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt | 0 | 150742 |
| IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt | 0 | 156724 |
| IRS990EZ/ChgMadeToOrgnzngDocNotRptInd | 0 | false |
| IRS990EZ/DonorAdvisedFndsInd | 0 | false |
| IRS990EZ/EngagedInExcessBenefitTransInd | 0 | false |
| IRS990EZ/ExcessOrDeficitForYearAmt | 0 | 9740 |
| IRS990EZ/FeesAndOtherPymtToIndCntrctAmt | 0 | 49656 |
| IRS990EZ/ForeignFinancialAccountInd | 0 | false |
| IRS990EZ/ForeignOfficeInd | 0 | false |
| IRS990EZ/Form1120PolFiledInd | 0 | false |
| IRS990EZ/Form990TotalAssetsGrp/BOYAmt | 0 | 167197 |
| IRS990EZ/Form990TotalAssetsGrp/EOYAmt | 0 | 179092 |
| IRS990EZ/GrossReceiptsAmt | 0 | 103706 |
| IRS990EZ/InfoInScheduleOPartIIIInd | 0 | X |
| IRS990EZ/InfoInScheduleOPartIIInd | 0 | X |
| IRS990EZ/InfoInScheduleOPartIInd | 0 | X |
| IRS990EZ/InvestmentIncomeAmt | 0 | 10 |
| IRS990EZ/MadeLoansToFromOfficersInd | 0 | false |
| IRS990EZ/MethodOfAccountingAccrualInd | 0 | X |
| IRS990EZ/NetAssetsOrFundBalancesBOYAmt | 0 | 144082 |
| IRS990EZ/NetAssetsOrFundBalancesEOYAmt | 0 | 153822 |
| IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt | 0 | 144082 |
| IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt | 0 | 153822 |
| IRS990EZ/OccupancyRentUtltsAndMaintAmt | 0 | 16913 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 0 | 000.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 1 | 000.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 2 | 000.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 3 | 000.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 0 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 1 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 2 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 3 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 0 | DAVID COBIN |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 1 | DEIDRE DARNELL |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 2 | RAYMOND BENSON JR |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 3 | CHAUNDRETTE WILLIS |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 0 | PRESIDENT |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 1 | TREASURER |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 2 | SECRETARY |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 3 | DIRECTOR |
| IRS990EZ/OperateHospitalInd | 0 | false |
| IRS990EZ/Organization501cInd | 0 | X |
| IRS990EZ/OrganizationDissolvedEtcInd | 0 | false |
| IRS990EZ/OrganizationHadUBIInd | 0 | false |
| IRS990EZ/OtherAssetsTotalDetail/BOYAmt | 0 | 16455 |
| IRS990EZ/OtherAssetsTotalDetail/EOYAmt | 0 | 22368 |
| IRS990EZ/OtherExpensesTotalAmt | 0 | 25996 |
| IRS990EZ/PoliticalCampaignActyInd | 0 | false |
| IRS990EZ/PrimaryExemptPurposeTxt | 0 | KENSWICK MEADOWS COMMUNITY ASSOCIATION, INC WAS FORMED TO PROVIDE FOR MAINTENENCE, PRESERVATION, AND ARCHITECTURAL CONTROL OF THE RESIDENTIAL LOTS AND COMMON AREAS WITHIN THE SUBDIVISION. ADDITIONALLY, THE ASSOCIATION PROVIDES FOR THE HEALTH, SAFETY, AND WELFARE OF THE RESIDENTS. |
| IRS990EZ/PrintingPublicationsPostageAmt | 0 | 1401 |
| IRS990EZ/ProgramServiceRevenueAmt | 0 | 103696 |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt | 0 | DURING 2021, THE ASSOCIATION CONTINUED TO MAINTAIN THE COMMON AREAS. THE ANNUAL ASSESSMENTS WERE USED FOR THIS PURPOSE AND ANY REMAINING FUNDS HAVE BEEN SET ASIDE IN A RESERVE FUND FOR FUTURE REPAIRS AND IMPROVEMENTS. |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt | 0 | 93966 |
| IRS990EZ/ProhibitedTaxShelterTransInd | 0 | false |
| IRS990EZ/RelatedOrganizationCtrlEntInd | 0 | false |
| IRS990EZ/ScheduleBNotRequiredInd | 0 | X |
| IRS990EZ/SubjectToProxyTaxInd | 0 | false |
| IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt | 0 | 23115 |
| IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt | 0 | 25270 |
| IRS990EZ/TanningServicesProvidedInd | 0 | false |
| IRS990EZ/TotalExpensesAmt | 0 | 93966 |
| IRS990EZ/TotalProgramServiceExpensesAmt | 0 | 93966 |
| IRS990EZ/TotalRevenueAmt | 0 | 103706 |
| IRS990EZ/TransactionWithControlEntInd | 0 | false |
| IRS990EZ/TypeOfOrganizationCorpInd | 0 | X |
| IRS990EZ/WebsiteAddressTxt | 0 | WWW.KENSWICKMEADOWS.COM |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 0 | EXPENSES OFFICE 4,739 INSURANCE 4,400 D&O INSURANCE 3,240 LANDSCAPE OTHER 7,975 COMMUNITY EVENTS 5,642 TOTAL 25,996 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 1 | ACCOUNTS RECEIVABLE 22,626 24,278 LESS ALLOWANCE 6,171 3,876 NET 16,455 20,402 PREPAID EXPENSES AND DEFERRED CHARGES 0 1,966 TOTAL 16,455 22,368 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 2 | DEFERRED REVENUE 23,115 25,270 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 3 | KENSWICK MEADOWS COMMUNITY ASSOCIATION, INC WAS FORMED TO PROVIDE FOR MAINTENENCE, PRESERVATION, AND ARCHITECTURAL CONTROL OF THE RESIDENTIAL LOTS AND COMMON AREAS WITHIN THE SUBDIVISION. ADDITIONALLY, THE ASSOCIATION PROVIDES FOR THE HEALTH, SAFETY, AND WELFARE OF THE RESIDENTS. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 4 | DURING 2021, THE ASSOCIATION CONTINUED TO MAINTAIN THE COMMON AREAS. THE ANNUAL ASSESSMENTS WERE USED FOR THIS PURPOSE AND ANY REMAINING FUNDS HAVE BEEN SET ASIDE IN A RESERVE FUND FOR FUTURE REPAIRS AND IMPROVEMENTS. |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 0 | FORM 990-EZ, PART I, LINE 16 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 1 | FORM 990-EZ, PART II, LINE 24 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 2 | FORM 990-EZ, PART II, LINE 26 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 3 | FORM 990-EZ, PART III |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 4 | FORM 990-EZ, PART III, LINE 28 |
| ReturnHeader/BuildTS | 0 | 2022-09-23 18:48:47Z |
| ReturnHeader/BusinessOfficerGrp/PersonNm | 0 | DAVID COBIN |
| ReturnHeader/BusinessOfficerGrp/PersonTitleTxt | 0 | PRESIDENT |
| ReturnHeader/BusinessOfficerGrp/PhoneNum | 0 | 2815481040 |
| ReturnHeader/BusinessOfficerGrp/SignatureDt | 0 | 2022-03-08 |
| ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt | 0 | KENSWICK MEADOWS COMMUNITY |
| ReturnHeader/Filer/BusinessName/BusinessNameLine2Txt | 0 | ASSOCIATION INC |
| ReturnHeader/Filer/BusinessNameControlTxt | 0 | KENS |
| ReturnHeader/Filer/EIN | 0 | 202726910 |
| ReturnHeader/Filer/PhoneNum | 0 | 2815481040 |
| ReturnHeader/Filer/USAddress/AddressLine1Txt | 0 | 1416A STONEHOLLOW DR |
| ReturnHeader/Filer/USAddress/CityNm | 0 | KINGWOOD |
| ReturnHeader/Filer/USAddress/StateAbbreviationCd | 0 | TX |
| ReturnHeader/Filer/USAddress/ZIPCd | 0 | 77339 |
| ReturnHeader/PreparerFirmGrp/PreparerFirmEIN | 0 | 161746106 |
| ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt | 0 | L G HARRISON LLC |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt | 0 | 1416A STONEHOLLOW DRIVE |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm | 0 | KINGWOOD |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd | 0 | TX |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd | 0 | 773392492 |
| ReturnHeader/PreparerPersonGrp/PhoneNum | 0 | 2815481040 |
| ReturnHeader/PreparerPersonGrp/PreparationDt | 0 | 2022-03-09 |
| ReturnHeader/PreparerPersonGrp/PreparerPersonNm | 0 | LYNDA G HARRISON CPA |
| ReturnHeader/ReturnTs | 0 | 2022-03-09T15:53:01-06:00 |
| ReturnHeader/ReturnTypeCd | 0 | 990EZ |
| ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm | 0 | DAVID |
| ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm | 0 | COBIN |
| ReturnHeader/TaxPeriodBeginDt | 0 | 2021-01-01 |
| ReturnHeader/TaxPeriodEndDt | 0 | 2021-12-31 |
| ReturnHeader/TaxYr | 0 | 2021 |
Document Assets
No mirrored PDF or thumbnail assets are attached yet.
Filings
Displayed year
2021 • Form 990EZDetailed filing. Detailed filing data is available for this year.
- Assets
- $179,092
- Liabilities
- $25,270
- Net assets
- $153,822
- Revenue
- $103,706
- Expenses
- $93,966
- Net income
- $9,740