Civic Intelligence

Lakes of Magnolia Homeowners Assoc

EIN 20-4568359 • 501(c)4 • San Antonio, TX

Profile

To preserve and maintain the common elements of the community and to promote community engagement.

17319 San Pedro Ave Suite 318San Antonio, TX 78232

n/A

Siviq Scores

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

Liabilities / Assets

84th percentile

0.22x

Higher debt load relative to assets than 84% of similar nonprofits.

501(c)4 • <$500k nonprofits • Source year 2024

Liabilities / Revenue

90th percentile

0.43x

Higher debt load relative to revenue than 90% of similar nonprofits.

501(c)4 • <$500k nonprofits • Source year 2024

Net Margin

45th percentile

-0.1%

Higher net margin than 45% of similar nonprofits.

501(c)4 • <$500k nonprofits • Source year 2024

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 2024

Asset Growth

51st percentile

-1.0%

Faster asset growth than 51% of similar nonprofits.

501(c)4 • <$500k nonprofits • Annualized from 2023 to 2024

Revenue Growth

49th percentile

-1.7%

Faster revenue growth than 49% of similar nonprofits.

501(c)4 • <$500k nonprofits • Annualized from 2023 to 2024

Balance Sheet
Liabilities / Assets84th percentile

Assets

Down

$209,175

Down $2,091 (-1.0%) from 2023

Liabilities

Down

$45,972

Down $1,973 (-4.1%) from 2023

Net Assets

$163,203

No earlier filing loaded for comparison.

Operations
Liabilities / Revenue90th percentileNet Margin45th percentile

Revenue

Down

$106,311

Down $1,788 (-1.7%) from 2023

Expenses

Down

$106,427

Down $8,930 (-7.7%) from 2023

Net Income

Up

-$116

Up $7,142 (+98%) from 2023

Trend Graphs

Balance Sheet Trend

Asset Growth51st percentile

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

$300K$200K$100K$0Assets 2016: $69,719Liabilities 2016: $20,8932016Assets 2017: $132,746Liabilities 2017: $21,0702017Assets 2018: $185,954Liabilities 2018: $24,6632018Assets 2019: $175,648Liabilities 2019: $42,757Net Assets 2019: $132,8912019Assets 2020: $195,794Liabilities 2020: $48,751Net Assets 2020: $147,0432020Assets 2021: $206,292Liabilities 2021: $58,1432021Assets 2022: $221,971Liabilities 2022: $51,392Net Assets 2022: $170,5792022Assets 2023: $211,266Liabilities 2023: $47,9452023Assets 2024: $209,175Liabilities 2024: $45,972Net Assets 2024: $163,2032024

Highlighted filing

2024

Assets$209,175
Liabilities$45,972
Net Assets$163,203
Open 2024 Filing

Operations Trend

Revenue Growth49th percentile

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

$200K$100K$0-$100KRevenue 2016: $139,302Expenses 2016: $128,420Net Income 2016: $10,8822016Revenue 2017: $171,753Expenses 2017: $108,903Net Income 2017: $62,8502017Revenue 2018: $139,961Expenses 2018: $90,345Net Income 2018: $49,6162018Revenue 2019: $109,812Expenses 2019: $138,212Net Income 2019: -$28,4002019Revenue 2020: $110,227Expenses 2020: $96,075Net Income 2020: $14,1522020Revenue 2021: $112,631Expenses 2021: $111,525Net Income 2021: $1,1062021Revenue 2022: $110,929Expenses 2022: $88,497Net Income 2022: $22,4322022Revenue 2023: $108,099Expenses 2023: $115,357Net Income 2023: -$7,2582023Revenue 2024: $106,311Expenses 2024: $106,427Net Income 2024: -$1162024

Highlighted filing

2024

Revenue$106,311
Expenses$106,427
Net Income-$116
Open 2024 Filing

Filings

Most recent year

2024 • Form 990EZDetailed filing. Detailed filing data is available for this year.

Open filing
Assets
$209,175
Liabilities
$45,972
Net assets
$163,203
Revenue
$106,311
Expenses
$106,427
Net income
-$116
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$2.09$0.46$1.63$1.06$1.06$0.00
2023Summary only. Only limited summary data is available for this year.$2.11$0.48$1.08$1.15$0.07
2022XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2.22$0.51$1.71$1.11$0.88$0.22
2021Summary only. Only limited summary data is available for this year.$2.06$0.58$1.13$1.12$0.01
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.96$0.49$1.47$1.10$0.96$0.14
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.76$0.43$1.33$1.10$1.38$0.28
2018Summary only. Only limited summary data is available for this year.$1.86$0.25$1.40$0.90$0.50
2017Summary only. Only limited summary data is available for this year.$1.33$0.21$1.72$1.09$0.63
2016Summary only. Only limited summary data is available for this year.$0.70$0.21$1.39$1.28$0.11
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
Sep 24, 2025
Return Version
2024v5.0
Gross Receipts
$106,311
Mission and Program Overview

Mission

To preserve and maintain the common elements of the community and to promote community engagement.

Program Services

DescriptionGrantsExpenses
MAINTAIN COMMON ELEMENTS-$83,134
Compensation and Service Providers
Top Officer Pay89th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
KATHLEEN MCNAMEEDirector-$0--
CRAIG TOWNSENDPresident-$0--
TAYLOR ALLENDirector-$0--
KEVIN WALKERDirector-$0--
TYLER DANIEL STUCKEYDirector-$0--
Political and Lobbying Activity
In-house lobbying only
Yes
Filing and Contact Details

Filer

Filer Name
Lakes of Magnolia Homeowners Assoc
EIN
20-4568359
Phone
2104940659
Address
17319 SAN PEDRO AVE SUITE 318, SAN ANTONIO, TX 78232

Signing Officer

Name
Craig Townsend
Title
President
Phone
2104940659
Signed
2025-09-24

Preparer

Firm
Armstrong Vaughan & Associates Pc
Address
941 WEST BYRD BLVD STE 101, UNIVERSAL CITY, TX 78148
Preparer
Phil Vaughan
Phone
2106586229
Supplemental Narrative

Additional Explanations

Form 990-ez, Part I, Line 16

“Expenses general administrative expens 5,401 social events 1,064 insurance 6,926 utilities 29,577 bad debts 297 lake maintenance 13,667 property taxes 127 landscape improvements 2,511 playground equipment 9,160 total 68,730”

Form 990-ez, Part II, Line 24

“Accounts receivable 46,798 33,354 prepaid expenses and deferred charges 2,129 2,398 total 48,927 35,752”

Form 990-ez, Part II, Line 26

“Accounts payable and accrued expenses 12,807 11,250 deferred revenue 35,140 34,722”

Form 990-ez, Part III

“To preserve and maintain the common elements of the community and to promote community engagement.”

Raw XML Appendix115 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/BusinessName/BusinessNameLine1Txt0SPECTRUM ASSOCIATION MANAGEMENT
IRS990EZ/BooksInCareOfDetail/PhoneNum02104940659
IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt017319 SAN PEDRO SUITE 318
IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0SAN ANTONIO
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0TX
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd078232
IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt0162339
IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt0173423
IRS990EZ/ChgMadeToOrgnzngDocNotRptInd0false
IRS990EZ/DonorAdvisedFndsInd0false
IRS990EZ/EngagedInExcessBenefitTransInd0false
IRS990EZ/ExcessOrDeficitForYearAmt0-116
IRS990EZ/FeesAndOtherPymtToIndCntrctAmt037697
IRS990EZ/ForeignFinancialAccountInd0false
IRS990EZ/ForeignOfficeInd0false
IRS990EZ/Form1120PolFiledInd0false
IRS990EZ/Form990TotalAssetsGrp/BOYAmt0211266
IRS990EZ/Form990TotalAssetsGrp/EOYAmt0209175
IRS990EZ/GrossReceiptsAmt0106311
IRS990EZ/InfoInScheduleOPartIIIInd0X
IRS990EZ/InfoInScheduleOPartIIInd0X
IRS990EZ/InfoInScheduleOPartIInd0X
IRS990EZ/InvestmentIncomeAmt0520
IRS990EZ/MadeLoansToFromOfficersInd0false
IRS990EZ/MembershipDuesAmt0102550
IRS990EZ/MethodOfAccountingAccrualInd0X
IRS990EZ/NetAssetsOrFundBalancesBOYAmt0163319
IRS990EZ/NetAssetsOrFundBalancesEOYAmt0163203
IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt0163319
IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt0163203
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt02.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt12.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt22.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt32.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt42.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt30
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt40
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0KATHLEEN MCNAMEE
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm1CRAIG TOWNSEND
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm2TAYLOR ALLEN
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm3KEVIN WALKER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm4TYLER DANIEL STUCKEY
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0DIRECTOR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1PRESIDENT
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2DIRECTOR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt3DIRECTOR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt4DIRECTOR
IRS990EZ/OperateHospitalInd0false
IRS990EZ/Organization501cInd0X
IRS990EZ/OrganizationDissolvedEtcInd0false
IRS990EZ/OrganizationHadUBIInd0false
IRS990EZ/OtherAssetsTotalDetail/BOYAmt048927
IRS990EZ/OtherAssetsTotalDetail/EOYAmt035752
IRS990EZ/OtherExpensesTotalAmt068730
IRS990EZ/PoliticalCampaignActyInd0false
IRS990EZ/PrimaryExemptPurposeTxt0TO PRESERVE AND MAINTAIN THE COMMON ELEMENTS OF THE COMMUNITY AND TO PROMOTE COMMUNITY ENGAGEMENT.
IRS990EZ/ProgramServiceRevenueAmt03241
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0MAINTAIN COMMON ELEMENTS
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt083134
IRS990EZ/ProhibitedTaxShelterTransInd0false
IRS990EZ/RelatedOrganizationCtrlEntInd0false
IRS990EZ/ScheduleBNotRequiredInd0X
IRS990EZ/SubjectToProxyTaxInd0true
IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt047947
IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt045972
IRS990EZ/TanningServicesProvidedInd0false
IRS990EZ/TotalExpensesAmt0106427
IRS990EZ/TotalProgramServiceExpensesAmt083134
IRS990EZ/TotalRevenueAmt0106311
IRS990EZ/TransactionWithControlEntInd0false
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990EZ/WebsiteAddressTxt0N/A
IRS990ScheduleC/AgreeCarryoverPriorYearInd0false
IRS990ScheduleC/OnlyInHouseLobbyingInd0true
IRS990ScheduleC/SubstantiallyAllDuesNondedInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0EXPENSES GENERAL ADMINISTRATIVE EXPENS 5,401 SOCIAL EVENTS 1,064 INSURANCE 6,926 UTILITIES 29,577 BAD DEBTS 297 LAKE MAINTENANCE 13,667 PROPERTY TAXES 127 LANDSCAPE IMPROVEMENTS 2,511 PLAYGROUND EQUIPMENT 9,160 TOTAL 68,730
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1ACCOUNTS RECEIVABLE 46,798 33,354 PREPAID EXPENSES AND DEFERRED CHARGES 2,129 2,398 TOTAL 48,927 35,752
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2ACCOUNTS PAYABLE AND ACCRUED EXPENSES 12,807 11,250 DEFERRED REVENUE 35,140 34,722
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3TO PRESERVE AND MAINTAIN THE COMMON ELEMENTS OF THE COMMUNITY AND TO PROMOTE COMMUNITY ENGAGEMENT.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990-EZ, PART I, LINE 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990-EZ, PART II, LINE 24
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990-EZ, PART II, LINE 26
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990-EZ, PART III
ReturnHeader/BuildTS02025-03-06 01:10:19Z
ReturnHeader/BusinessOfficerGrp/PersonNm0CRAIG TOWNSEND
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT
ReturnHeader/BusinessOfficerGrp/PhoneNum02104940659
ReturnHeader/BusinessOfficerGrp/SignatureDt02025-09-24
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0LAKES OF MAGNOLIA HOMEOWNERS ASSOC
ReturnHeader/Filer/BusinessNameControlTxt0LAKE
ReturnHeader/Filer/EIN0204568359
ReturnHeader/Filer/PhoneNum02104940659
ReturnHeader/Filer/USAddress/AddressLine1Txt017319 SAN PEDRO AVE SUITE 318
ReturnHeader/Filer/USAddress/CityNm0SAN ANTONIO
ReturnHeader/Filer/USAddress/StateAbbreviationCd0TX
ReturnHeader/Filer/USAddress/ZIPCd078232
ReturnHeader/IRSResponsiblePrtyInfoCurrInd0true
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0742332623
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0ARMSTRONG VAUGHAN & ASSOCIATES PC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0941 WEST BYRD BLVD STE 101
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0UNIVERSAL CITY
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0TX
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd078148
ReturnHeader/PreparerPersonGrp/PhoneNum02106586229
ReturnHeader/PreparerPersonGrp/PreparationDt02025-09-26
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0PHIL VAUGHAN
ReturnHeader/ReturnTs02025-09-26T15:03:32-04:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02024-01-01
ReturnHeader/TaxPeriodEndDt02024-12-31
ReturnHeader/TaxYr02024

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