Civic Intelligence

Somerset Place Association Inc

EIN 23-7321056 • 501(c)4 • Houston, TX

Profile

Provide maintenance, preservation and architectual control of the residence lots

12625 Memorial Drive 14Houston, TX 77024

www.somersetplace.org

Siviq Scores

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

Liabilities / Assets

99th percentile

2.58x

Higher debt load relative to assets than 99% of similar nonprofits.

501(c)4 • $500k-$1M nonprofits • Source year 2024

Liabilities / Revenue

95th percentile

2.25x

Higher debt load relative to revenue than 95% of similar nonprofits.

501(c)4 • $500k-$1M nonprofits • Source year 2024

Net Margin

80th percentile

31%

Higher net margin than 80% of similar nonprofits.

501(c)4 • $500k-$1M nonprofits • Source year 2024

Top Officer Pay

73rd percentile

$0

Higher top officer pay than 73% of similar nonprofits.

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

501(c)4 • $500k-$1M nonprofits • Source year 2024

Asset Growth

61st percentile

7.2%

Faster asset growth than 61% of similar nonprofits.

501(c)4 • $500k-$1M nonprofits • Annualized from 2023 to 2024

Revenue Growth

39th percentile

0.9%

Faster revenue growth than 39% of similar nonprofits.

501(c)4 • $500k-$1M nonprofits • Annualized from 2023 to 2024

Assets

Up

$799,573

Up $53,968 (+7.2%) from 2023

Liabilities

Up

$2,066,191

Up $1,904,677 (+1179%) from 2023

Net Assets

Down

-$1,266,618

Down $1,850,709 (-317%) from 2023

Revenue

Up

$919,157

Up $8,386 (+0.9%) from 2023

Expenses

Up

$633,388

Up $84,154 (+15%) from 2023

Net Income

Down

$285,769

Down $75,768 (-21%) from 2023

Trend Graphs

Balance Sheet Trend

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

$4.0M$2.0M$0-$2.0M-$4.0MAssets 2015: $464,031Liabilities 2015: $204,660Net Assets 2015: $259,3712015Assets 2016: $432,738Liabilities 2016: $290,571Net Assets 2016: $142,1672016Assets 2017: $384,533Liabilities 2017: $617,970Net Assets 2017: -$233,4372017Assets 2018: $220,469Liabilities 2018: $1,081,620Net Assets 2018: -$861,1512018Assets 2019: $92,163Liabilities 2019: $1,703,505Net Assets 2019: -$1,611,3422019Assets 2020: $354,618Liabilities 2020: $2,628,349Net Assets 2020: -$2,273,7312020Assets 2021: $356,367Liabilities 2021: $236,739Net Assets 2021: $119,6282021Assets 2022: $389,541Liabilities 2022: $161,801Net Assets 2022: $227,7402022Assets 2023: $745,605Liabilities 2023: $161,514Net Assets 2023: $584,0912023Assets 2024: $799,573Liabilities 2024: $2,066,191Net Assets 2024: -$1,266,6182024

Highlighted filing

2024

Assets$799,573
Liabilities$2,066,191
Net Assets-$1,266,618

Operations Trend

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

$2.0M$1.0M$0-$1.0MRevenue 2015: $517,872Expenses 2015: $437,487Net Income 2015: $80,3852015Revenue 2016: $528,061Expenses 2016: $645,265Net Income 2016: -$117,2042016Revenue 2017: $563,616Expenses 2017: $939,220Net Income 2017: -$375,6042017Revenue 2018: $611,541Expenses 2018: $1,239,255Net Income 2018: -$627,7142018Revenue 2019: $654,443Expenses 2019: $1,404,634Net Income 2019: -$750,1912019Revenue 2020: $711,951Expenses 2020: $1,374,340Net Income 2020: -$662,3892020Revenue 2021: $610,603Expenses 2021: $601,233Net Income 2021: $9,3702021Revenue 2022: $619,493Expenses 2022: $592,063Net Income 2022: $27,4302022Revenue 2023: $910,771Expenses 2023: $549,234Net Income 2023: $361,5372023Revenue 2024: $919,157Expenses 2024: $633,388Net Income 2024: $285,7692024

Highlighted filing

2024

Revenue$919,157
Expenses$633,388
Net Income$285,769

Filings