Civic Intelligence

Fulbrook on Fulshear Creek Homeowners Association

EIN 26-3002575 • 501(c)4 • Houston, TX

Profile

To provide streetlights, landscape maint., maintain parks & recreational areas, security and pest control - all for the benefit of the community.

13231 Champion Forest Drive 112Houston, TX 77069

www.fulbrookonfulshear.com

Siviq Scores

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

Liabilities / Assets

85th percentile

0.44x

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

501(c)4 • $1M-$5M nonprofits • Source year 2023

Liabilities / Revenue

74th percentile

0.34x

Higher debt load relative to revenue than 74% of similar nonprofits.

501(c)4 • $1M-$5M nonprofits • Source year 2023

Net Margin

42nd percentile

3.8%

Higher net margin than 42% of similar nonprofits.

501(c)4 • $1M-$5M nonprofits • Source year 2023

Top Officer Pay

63rd percentile

$0

Higher top officer pay than 63% of similar nonprofits.

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

501(c)4 • $1M-$5M nonprofits • Source year 2023

Asset Growth

80th percentile

19%

Faster asset growth than 80% of similar nonprofits.

501(c)4 • $1M-$5M nonprofits • Annualized from 2022 to 2023

Revenue Growth

39th percentile

3.2%

Faster revenue growth than 39% of similar nonprofits.

501(c)4 • $1M-$5M nonprofits • Annualized from 2022 to 2023

Assets

Up

$840,408

Up $281,638 (+50%) from 2021

Liabilities

Up

$412,021

Up $45,964 (+13%) from 2021

Net Assets

Up

$428,387

Up $235,674 (+122%) from 2021

Revenue

Up

$1,275,140

Up $240,977 (+23%) from 2021

Expenses

Up

$1,119,704

Up $67,454 (+6.4%) from 2021

Net Income

Up

$155,436

Up $173,523 (+959%) from 2021

Trend Graphs

Balance Sheet Trend

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

$1.0M$500K$0-$500KAssets 2018: $143,642Liabilities 2018: $209,129Net Assets 2018: -$65,4872018Assets 2019: $218,445Liabilities 2019: $230,306Net Assets 2019: -$11,8612019Assets 2020: $400,798Liabilities 2020: $273,266Net Assets 2020: $127,5322020Assets 2021: $558,770Liabilities 2021: $366,057Net Assets 2021: $192,7132021Assets 2022: $840,408Liabilities 2022: $412,021Net Assets 2022: $428,3872022

Highlighted filing

2022

Assets$840,408
Liabilities$412,021
Net Assets$428,387

Operations Trend

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

$1.5M$1.0M$500K$0-$500KRevenue 2018: $651,188Expenses 2018: $703,551Net Income 2018: -$52,3632018Revenue 2019: $741,992Expenses 2019: $688,391Net Income 2019: $53,6012019Revenue 2020: $830,338Expenses 2020: $749,299Net Income 2020: $81,0392020Revenue 2021: $1,034,163Expenses 2021: $1,052,250Net Income 2021: -$18,0872021Revenue 2022: $1,275,140Expenses 2022: $1,119,704Net Income 2022: $155,4362022

Highlighted filing

2022

Revenue$1,275,140
Expenses$1,119,704
Net Income$155,436

Filings

Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2022 to Dec 31, 2022
Signed
Mar 29, 2023
Return Version
2022v5.0
Gross Receipts
$1,275,140
Mission and Program Overview

Mission

To provide streetlights, landscape maint., maintain parks & recreational areas, security and pest control - all for the benefit of the community.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$344,031$558,883▲ $214,852
Rtn Earn Endowment Incm Other Fnds$147,589$383,263▲ $235,674
Savings and Temporary Cash Investments$147,589$227,827▲ $80,238
Accounts Receivable$57,299$47,170▼ $10,129
Cap Stk Tr Prin Current Funds$45,124$45,124→ $0
Prepaid Expenses and Deferred Charges$9,851$6,528▼ $3,323
Pd in Cap Srpls Land Bldg Eqp Fund$0$0→ $0
Total Assets$558,770$840,408▲ $281,638
Liabilities
Deferred Revenue$301,489$332,290▲ $30,801
Other Liabilities$37,100$46,350▲ $9,250
Accounts Payable and Accrued Expenses$27,468$33,381▲ $5,913
Total Liabilities$366,057$412,021▲ $45,964
Net Assets / Fund Balance
Total Net Assets Fund Balance$192,713$428,387▲ $235,674
Total Liabilities and Net Assets / Fund Balance$558,770$840,408▲ $281,638
Compensation and Service Providers

Board Members and Trustees

NameTitle
David CannonPresident
Robert FondrenVice President
Jack EvansTreasurer/secretary
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$1,031,610
Investment Income
$1,156
Other Revenue
$242,374
Change in Net Assets
$155,436
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$1,119,704
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
All Other Expenses$239,024$8,954-$247,978
Other Expenses$94,083--$94,083
Fees for Services Management-$54,837-$54,837
Insurance$43,329--$43,329
Fees for Services Legal-$3,646-$3,646
Fees for Services Accounting-$900-$900
Total Functional Expenses$1,051,367$68,337$0$1,119,704
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
In-house lobbying only
Yes
Subject to proxy tax
Yes
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Refundable Deposits$46,350
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Backup withholding compliance
Yes
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
No
Other officer compensation reviewed
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
Yes

Governance Explanations

Form 990, Part VI, Section A, Line 3

The association is governed by an uncompensated volunteer board of directors that are voted into office by the membership. The management of the day to day affairs are performed by the management company.

Form 990, Part VI, Section A, Line 6

The association is a non profit organization that is governed by an uncompensated volunteer board of directors that are voted into office by the membership.

Form 990, Part VI, Section A, Line 7A

The board of directors are voted into office by the membership.

Form 990, Part VI, Section B, Line 11B

A copy of form 990 for this entity was provided to this organization's governing body before the return was filed.

Form 990, Part VI, Section B, Line 12C

The board of directors consistently monitors any potential conflicts of interest.

Form 990, Part VI, Section C, Line 19

The association's governing documents are available on request for inspection.

Filing and Contact Details

Filer

Filer Name
Fulbrook on Fulshear Creek Homeowners
EIN
26-3002575
Phone
2818576027
Address
13231 CHAMPION FOREST DRIVE 112, HOUSTON, TX 77069

Signing Officer

Name
Jack Evans
Title
Treasurer
Phone
2818576027
Signed
2023-03-29

Organization Details

Principal Officer
Jack Evans
Formed
2008
Legal Domicile
TX
Voting Board Members
3
Independent Board Members
0
Employees
0
Volunteers
3

Preparer

Firm
O'NEAL & HOLMES LLP
Address
7702 FM 1960 EAST SUITE 125, HUMBLE, TX 77346
Preparer
James M Holmes CPA
Phone
2818527473
Supplemental Narrative

Additional Explanations

Form 990, Part IX, Line 24E

Reserve contribution: program service expenses 79,683. Management and general expenses 0. Fundraising expenses 0. Total expenses 79,683. Payroll- onsite: program service expenses 32,883. Management and general expenses 0. Fundraising expenses 0. Total expenses 32,883. Fitness management: program service expenses 32,507. Management and general expenses 0. Fundraising expenses 0. Total expenses 32,507. Lifestyle management: program service expenses 23,570. Management and general expenses 0. Fundraising expenses 0. Total expenses 23,570. Janitorial services: program service expenses 16,500. Management and general expenses 0. Fundraising expenses 0. Total expenses 16,500. Community events: program service expenses 13,297. Management and general expenses 0. Fundraising expenses 0. Total expenses 13,297. Telephone: program service expenses 12,957. Management and general expenses 0. Fundraising expenses 0. Total expenses 12,957. Administrative fees: program service expenses 0. Management and general expenses 8,954. Fundraising expenses 0. Total expenses 8,954. Pest control: program service expenses 6,321. Management and general expenses 0. Fundraising expenses 0. Total expenses 6,321. Capital improvements: program service expenses 6,051. Management and general expenses 0. Fundraising expenses 0. Total expenses 6,051. Access controls system: program service expenses 5,982. Management and general expenses 0. Fundraising expenses 0. Total expenses 5,982. Lake management: program service expenses 5,118. Management and general expenses 0. Fundraising expenses 0. Total expenses 5,118. Website: program service expenses 1,831. Management and general expenses 0. Fundraising expenses 0. Total expenses 1,831. Holiday decorations: program service expenses 1,569. Management and general expenses 0. Fundraising expenses 0. Total expenses 1,569. Wildlife management: program service expenses 750. Management and general expenses 0. Fundraising expenses 0. Total expenses 750. Property taxes: program service expenses 5. Management and general expenses 0. Fundraising expenses 0. Total expenses 5.

FORM 990, PART XI, LINE 9:

Reserve contribution 79,683.

Raw XML Appendix326 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.

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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE ASSOCIATION IS GOVERNED BY AN UNCOMPENSATED VOLUNTEER BOARD OF DIRECTORS THAT ARE VOTED INTO OFFICE BY THE MEMBERSHIP. THE MANAGEMENT OF THE DAY TO DAY AFFAIRS ARE PERFORMED BY THE MANAGEMENT COMPANY.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE ASSOCIATION IS A NON PROFIT ORGANIZATION THAT IS GOVERNED BY AN UNCOMPENSATED VOLUNTEER BOARD OF DIRECTORS THAT ARE VOTED INTO OFFICE BY THE MEMBERSHIP.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE BOARD OF DIRECTORS ARE VOTED INTO OFFICE BY THE MEMBERSHIP.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3A COPY OF FORM 990 FOR THIS ENTITY WAS PROVIDED TO THIS ORGANIZATION'S GOVERNING BODY BEFORE THE RETURN WAS FILED.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4THE BOARD OF DIRECTORS CONSISTENTLY MONITORS ANY POTENTIAL CONFLICTS OF INTEREST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5THE ASSOCIATION'S GOVERNING DOCUMENTS ARE AVAILABLE ON REQUEST FOR INSPECTION.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6RESERVE CONTRIBUTION: PROGRAM SERVICE EXPENSES 79,683. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 79,683. PAYROLL- ONSITE: PROGRAM SERVICE EXPENSES 32,883. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 32,883. FITNESS MANAGEMENT: PROGRAM SERVICE EXPENSES 32,507. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 32,507. LIFESTYLE MANAGEMENT: PROGRAM SERVICE EXPENSES 23,570. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 23,570. JANITORIAL SERVICES: PROGRAM SERVICE EXPENSES 16,500. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 16,500. COMMUNITY EVENTS: PROGRAM SERVICE EXPENSES 13,297. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 13,297. TELEPHONE: PROGRAM SERVICE EXPENSES 12,957. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 12,957. ADMINISTRATIVE FEES: PROGRAM SERVICE EXPENSES 0. MANAGEMENT AND GENERAL EXPENSES 8,954. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 8,954. PEST CONTROL: PROGRAM SERVICE EXPENSES 6,321. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 6,321. CAPITAL IMPROVEMENTS: PROGRAM SERVICE EXPENSES 6,051. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 6,051. ACCESS CONTROLS SYSTEM: PROGRAM SERVICE EXPENSES 5,982. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 5,982. LAKE MANAGEMENT: PROGRAM SERVICE EXPENSES 5,118. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 5,118. WEBSITE: PROGRAM SERVICE EXPENSES 1,831. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 1,831. HOLIDAY DECORATIONS: PROGRAM SERVICE EXPENSES 1,569. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 1,569. WILDLIFE MANAGEMENT: PROGRAM SERVICE EXPENSES 750. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 750. PROPERTY TAXES: PROGRAM SERVICE EXPENSES 5. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 5.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt7RESERVE CONTRIBUTION 79,683.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION A, LINE 3
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION A, LINE 6
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION A, LINE 7A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART VI, SECTION B, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PART VI, SECTION B, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990, PART VI, SECTION C, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6FORM 990, PART IX, LINE 24E
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc7FORM 990, PART XI, LINE 9:
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/SubjectToExcsTaxNetInvstIncInd00
IRS990/SubjectToProxyTaxInd01
IRS990/SubjToTaxRmnrtnExPrchtPymtInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt0558770
IRS990/TotalAssetsEOYAmt0840408
IRS990/TotalAssetsGrp/BOYAmt0558770
IRS990/TotalAssetsGrp/EOYAmt0840408
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt068337
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt01051367
IRS990/TotalFunctionalExpensesGrp/TotalAmt01119704
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt0366057
IRS990/TotalLiabilitiesEOYAmt0412021
IRS990/TotalLiabilitiesGrp/BOYAmt0366057
IRS990/TotalLiabilitiesGrp/EOYAmt0412021
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0192713
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0428387
IRS990/TotalOtherCompensationAmt00
IRS990/TotalProgramServiceExpensesAmt01051367
IRS990/TotalProgramServiceRevenueAmt01031610
IRS990/TotalReportableCompFromOrgAmt00
IRS990/TotalRevenueGrp/ExclusionAmt00
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt01275140
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt01275140
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt03
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt0558770
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt0840408
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TypeOfOrganizationOtherInd0X
IRS990/UnrelatedBusIncmOverLimitInd00
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt013231 CHAMPION FOREST DRIVE 112
IRS990/USAddress/CityNm0HOUSTON
IRS990/USAddress/StateAbbreviationCd0TX
IRS990/USAddress/ZIPCd077069
IRS990/VotingMembersGoverningBodyCnt03
IRS990/VotingMembersIndependentCnt00
IRS990/WebsiteAddressTxt0WWW.FULBROOKONFULSHEAR.COM
IRS990/WhistleblowerPolicyInd01
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/AuthenticationAssuranceLevelCd0AAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/IdentityAssuranceLevelCd0IAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/TrustedCustomerCd02
ReturnHeader/BuildTS02023-04-26 12:10:37Z
ReturnHeader/BusinessOfficerGrp/PersonNm0JACK EVANS
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0TREASURER
ReturnHeader/BusinessOfficerGrp/PhoneNum02818576027
ReturnHeader/BusinessOfficerGrp/SignatureDt02023-03-29
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0FULBROOK ON FULSHEAR CREEK HOMEOWNERS
ReturnHeader/Filer/BusinessName/BusinessNameLine2Txt0ASSOCIATION
ReturnHeader/Filer/BusinessNameControlTxt0FULB
ReturnHeader/Filer/EIN0263002575
ReturnHeader/Filer/PhoneNum02818576027
ReturnHeader/Filer/USAddress/AddressLine1Txt013231 CHAMPION FOREST DRIVE 112
ReturnHeader/Filer/USAddress/CityNm0HOUSTON
ReturnHeader/Filer/USAddress/StateAbbreviationCd0TX
ReturnHeader/Filer/USAddress/ZIPCd077069
ReturnHeader/IRSResponsiblePrtyInfoCurrInd00
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0760131587
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0O'NEAL & HOLMES LLP
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt07702 FM 1960 EAST SUITE 125
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0HUMBLE
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0TX
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd077346
ReturnHeader/PreparerPersonGrp/PhoneNum02818527473
ReturnHeader/PreparerPersonGrp/PreparationDt02023-03-29
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0JAMES M HOLMES CPA
ReturnHeader/ReturnTs02023-03-30T13:07:56-05:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0JACK
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0EVANS
ReturnHeader/TaxPeriodBeginDt02022-01-01
ReturnHeader/TaxPeriodEndDt02022-12-31
ReturnHeader/TaxYr02022

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