Liabilities / Assets
78th percentile
Higher debt load relative to assets than 78% of similar nonprofits.
Kenswick Meadows Community Association Inc
990EZ • Fiscal year 2022 • EIN 20-2726910
Siviq Scores
Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.
0.12x
Liabilities / Revenue
82nd percentile
Higher debt load relative to revenue than 82% of similar nonprofits.
Net Margin
55th percentile
Higher net margin than 55% of similar nonprofits.
Top Officer Pay
87th percentile
Higher top officer pay than 87% of similar nonprofits.
Top officer pay equals 0.0% of source-year revenue.
Asset Growth
56th percentile
Faster asset growth than 56% of similar nonprofits.
Revenue Growth
49th percentile
Faster revenue growth than 49% of similar nonprofits.
Balance Sheet
Assets
Up$185,492
Up $6,400 (+3.6%) from 2021
Net Assets
Up$162,508
Up $8,686 (+5.6%) from 2021
Liabilities
Down$22,984
Down $2,286 (-9.0%) from 2021
Revenue And Expenses
Revenue
Up$112,607
Up $8,901 (+8.6%) from 2021
Expenses
Up$103,918
Up $9,952 (+11%) from 2021
Net Income
Down$8,689
Down $1,051 (-11%) from 2021
Historical Trend
Jump To
Filing Snapshot
- Filing Period
- Jan 1, 2022 to Dec 31, 2022
- Signed
- Feb 7, 2023
- Return Version
- 2022v4.1
- Gross Receipts
- $112,607
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.
Program Services
| Description | Grants | Expenses |
|---|---|---|
| DURING 2022, 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. | - | $89,492 |
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
- Signed
- 2023-02-07
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 general administrative 4,431 credit card fees 1,623 meeting expense 50 property tax 18 bad debt expense 1,921 miscellaneous 61 insurance 5,176 d&o insurance 2,684 landscape other 150 community events 2,563 repairs & maintenance 4,632 fence maintenance 496 non-investment depreciation 2,252 total 26,057”
Form 990-ez, Part II, Line 24
“Accounts receivable 24,278 24,157 less allowance 3,876 5,797 net 20,402 18,360 prepaid expenses and deferred charges 1,966 648 park equipment 0 68,405 less accumulated depreciation 0 2,251 total 22,368 85,162”
Form 990-ez, Part II, Line 26
“Accounts payable and accrued expenses 0 947 deferred revenue 25,270 22,037”
Form 990-ez, Part III
“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.”
Form 990-ez, Part III, Line 28
“During 2022, 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 | 156721 |
| IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt | 0 | 100330 |
| IRS990EZ/ChgMadeToOrgnzngDocNotRptInd | 0 | false |
| IRS990EZ/DonorAdvisedFndsInd | 0 | false |
| IRS990EZ/EngagedInExcessBenefitTransInd | 0 | false |
| IRS990EZ/ExcessOrDeficitForYearAmt | 0 | 8689 |
| IRS990EZ/FeesAndOtherPymtToIndCntrctAmt | 0 | 58809 |
| IRS990EZ/ForeignFinancialAccountInd | 0 | false |
| IRS990EZ/ForeignOfficeInd | 0 | false |
| IRS990EZ/Form1120PolFiledInd | 0 | false |
| IRS990EZ/Form990TotalAssetsGrp/BOYAmt | 0 | 179089 |
| IRS990EZ/Form990TotalAssetsGrp/EOYAmt | 0 | 185492 |
| IRS990EZ/GrossReceiptsAmt | 0 | 112607 |
| IRS990EZ/InfoInScheduleOPartIIIInd | 0 | X |
| IRS990EZ/InfoInScheduleOPartIIInd | 0 | X |
| IRS990EZ/InfoInScheduleOPartIInd | 0 | X |
| IRS990EZ/InvestmentIncomeAmt | 0 | 9 |
| IRS990EZ/MadeLoansToFromOfficersInd | 0 | false |
| IRS990EZ/MethodOfAccountingAccrualInd | 0 | X |
| IRS990EZ/NetAssetsOrFundBalancesBOYAmt | 0 | 153819 |
| IRS990EZ/NetAssetsOrFundBalancesEOYAmt | 0 | 162508 |
| IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt | 0 | 153819 |
| IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt | 0 | 162508 |
| IRS990EZ/OccupancyRentUtltsAndMaintAmt | 0 | 18628 |
| 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 | 22368 |
| IRS990EZ/OtherAssetsTotalDetail/EOYAmt | 0 | 85162 |
| IRS990EZ/OtherExpensesTotalAmt | 0 | 26057 |
| 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 HOMES AND COMMON AREAS WITHIN THE SUBDIVISION. ADDITIONALLY, THE ASSOCIATION PROVIDES FOR THE HEALTH, SAFETY, AND WELFARE OF THE RESIDENTS. |
| IRS990EZ/PrintingPublicationsPostageAmt | 0 | 424 |
| IRS990EZ/ProgramServiceRevenueAmt | 0 | 112598 |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt | 0 | DURING 2022, 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 | 89492 |
| IRS990EZ/ProhibitedTaxShelterTransInd | 0 | false |
| IRS990EZ/RelatedOrganizationCtrlEntInd | 0 | false |
| IRS990EZ/ScheduleBNotRequiredInd | 0 | X |
| IRS990EZ/SubjectToProxyTaxInd | 0 | false |
| IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt | 0 | 25270 |
| IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt | 0 | 22984 |
| IRS990EZ/TanningServicesProvidedInd | 0 | false |
| IRS990EZ/TotalExpensesAmt | 0 | 103918 |
| IRS990EZ/TotalProgramServiceExpensesAmt | 0 | 89492 |
| IRS990EZ/TotalRevenueAmt | 0 | 112607 |
| IRS990EZ/TransactionWithControlEntInd | 0 | false |
| IRS990EZ/TypeOfOrganizationCorpInd | 0 | X |
| IRS990EZ/WebsiteAddressTxt | 0 | WWW.KENSWICKMEADOWS.COM |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 0 | EXPENSES GENERAL ADMINISTRATIVE 4,431 CREDIT CARD FEES 1,623 MEETING EXPENSE 50 PROPERTY TAX 18 BAD DEBT EXPENSE 1,921 MISCELLANEOUS 61 INSURANCE 5,176 D&O INSURANCE 2,684 LANDSCAPE OTHER 150 COMMUNITY EVENTS 2,563 REPAIRS & MAINTENANCE 4,632 FENCE MAINTENANCE 496 NON-INVESTMENT DEPRECIATION 2,252 TOTAL 26,057 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 1 | ACCOUNTS RECEIVABLE 24,278 24,157 LESS ALLOWANCE 3,876 5,797 NET 20,402 18,360 PREPAID EXPENSES AND DEFERRED CHARGES 1,966 648 PARK EQUIPMENT 0 68,405 LESS ACCUMULATED DEPRECIATION 0 2,251 TOTAL 22,368 85,162 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 2 | ACCOUNTS PAYABLE AND ACCRUED EXPENSES 0 947 DEFERRED REVENUE 25,270 22,037 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 3 | 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. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 4 | DURING 2022, 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 | 2023-03-07 01:45:13Z |
| ReturnHeader/BusinessOfficerGrp/PersonNm | 0 | DAVID COBIN |
| ReturnHeader/BusinessOfficerGrp/PersonTitleTxt | 0 | PRESIDENT |
| ReturnHeader/BusinessOfficerGrp/SignatureDt | 0 | 2023-02-07 |
| 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/IRSResponsiblePrtyInfoCurrInd | 0 | true |
| 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 | 2023-02-07 |
| ReturnHeader/PreparerPersonGrp/PreparerPersonNm | 0 | LYNDA G HARRISON CPA |
| ReturnHeader/ReturnTs | 0 | 2023-02-07T17:18:59-05:00 |
| ReturnHeader/ReturnTypeCd | 0 | 990EZ |
| ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm | 0 | DAVID |
| ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm | 0 | COBIN |
| ReturnHeader/TaxPeriodBeginDt | 0 | 2022-01-01 |
| ReturnHeader/TaxPeriodEndDt | 0 | 2022-12-31 |
| ReturnHeader/TaxYr | 0 | 2022 |
Document Assets
No mirrored PDF or thumbnail assets are attached yet.
Filings
Displayed year
2022 • Form 990EZDetailed filing. Detailed filing data is available for this year.
- Assets
- $185,492
- Liabilities
- $22,984
- Net assets
- $162,508
- Revenue
- $112,607
- Expenses
- $103,918
- Net income
- $8,689