Liabilities / Assets
85th percentile
Higher debt load relative to assets than 85% of similar nonprofits.
Secured Finance Network-Houston Chapter Inc
990EZ • Fiscal year 2024 • EIN 30-0329205
Siviq Scores
Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.
0.29x
Liabilities / Revenue
83rd percentile
Higher debt load relative to revenue than 83% of similar nonprofits.
Net Margin
55th percentile
Higher net margin than 55% of similar nonprofits.
Top Officer Pay
74th percentile
Higher top officer pay than 74% of similar nonprofits.
Top officer pay equals 0.0% of source-year revenue.
Asset Growth
41st percentile
Faster asset growth than 41% of similar nonprofits.
Revenue Growth
76th percentile
Faster revenue growth than 76% of similar nonprofits.
Balance Sheet
Assets
Down$63,251
Down $3,073 (-4.6%) from 2022
Net Assets
Down$45,074
Down $89 (-0.2%) from 2022
Liabilities
Down$18,177
Down $2,984 (-14%) from 2022
Revenue And Expenses
Revenue
Up$91,965
Up $29,570 (+47%) from 2022
Expenses
Up$87,691
Up $18,463 (+27%) from 2022
Net Income
Up$4,274
Up $11,107 (+163%) from 2022
Historical Trend
Jump To
Filing Snapshot
- Filing Period
- Jan 1, 2024 to Dec 31, 2024
- Signed
- Feb 11, 2025
- Return Version
- 2024v5.0
- Gross Receipts
- $91,965
Mission and Program Overview
Mission
Trade group - commercial finance companies and related providers
Trade group - commercial finance companies
Program Services
| Description | Grants | Expenses |
|---|---|---|
| HOSTED EVENT "ANNUAL PE LUNCHEON" | $0 | $0 |
| HOSTED EVENT "ECONOMIC OUTLOOK" LUNCHEON | $0 | $0 |
| HOSTED MULTIPLE "LUNCH AND LEARNS" FOR MEMBERS IN THE GROUP | $0 | $0 |
Compensation and Service Providers
Employees
| Name | Title | Full / Part Time | Base | Other | Total |
|---|---|---|---|---|---|
| WILLIAM KEMP | President | - | $0 | - | - |
| MICHAEL MONK | VP Finance | - | $0 | - | - |
Filing and Contact Details
Filer
- Filer Name
- Secured Finance Network-houston Chapter
- EIN
- 30-0329205
- Phone
- 7138638300
- Address
- 7225 LANGTRY STREET, HOUSTON, TX 77040
Signing Officer
- Name
- Jason Sharp
- Title
- Board Member
- Phone
- 7136679147
- Signed
- 2025-02-11
- Discuss with paid preparer
- Yes
Preparer
- Firm
- Crowe Llp
- Address
- 9 GREENWAY PLAZA SUITE 2100, HOUSTON, TX 77046-0946
- Preparer
- Jason Sharp
- Phone
- 7136679147
Supplemental Narrative
Additional Explanations
Form 990-ez, Part I, Line 16 - Other Expenses
“Description: credit card fees. Amount: 7,039. Description: insurance. Amount: 761. Description: meals. Amount: 825. Description: supplies. Amount: 58. Description: website services. Amount: 2,659. Description: event expenses. Amount: 63,749. Description: admin support fee. Amount: 12,600. Total to form 990-ez, line 16: 87,691.”
Form 990-ez, Part II, Line 24 - Other Assets
“Description: accounts receivable. Beg. Of year amount: 2,291. End of year amount: 1,001.”
Form 990-ez, Part II, Line 26 - Other Liabilities
“Description: deferred revenue. Beg. Of year amount: 18,056. End of year amount: 18,177.”
Raw XML Appendix110 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 | 0 |
| IRS990EZ/BooksInCareOfDetail/BusinessName/BusinessNameLine1Txt | 0 | MICHAEL MONK |
| IRS990EZ/BooksInCareOfDetail/PhoneNum | 0 | 7138638300 |
| IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt | 0 | 7225 LANGTRY |
| IRS990EZ/BooksInCareOfDetail/USAddress/CityNm | 0 | HOUSTON |
| IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd | 0 | TX |
| IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd | 0 | 77040 |
| IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt | 0 | 56565 |
| IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt | 0 | 62250 |
| IRS990EZ/ChgMadeToOrgnzngDocNotRptInd | 0 | 0 |
| IRS990EZ/ContributionsGiftsGrantsEtcAmt | 0 | 47375 |
| IRS990EZ/DirectIndirectPltclExpendAmt | 0 | 0 |
| IRS990EZ/DonorAdvisedFndsInd | 0 | 0 |
| IRS990EZ/ExcessOrDeficitForYearAmt | 0 | 4274 |
| IRS990EZ/ForeignFinancialAccountInd | 0 | 0 |
| IRS990EZ/ForeignOfficeInd | 0 | 0 |
| IRS990EZ/Form990TotalAssetsGrp/BOYAmt | 0 | 58856 |
| IRS990EZ/Form990TotalAssetsGrp/EOYAmt | 0 | 63251 |
| IRS990EZ/GrossReceiptsAmt | 0 | 91965 |
| IRS990EZ/InfoInScheduleOPartIIIInd | 0 | X |
| IRS990EZ/InfoInScheduleOPartIIInd | 0 | X |
| IRS990EZ/InfoInScheduleOPartIInd | 0 | X |
| IRS990EZ/InfoInScheduleOPartVInd | 0 | X |
| IRS990EZ/MadeLoansToFromOfficersInd | 0 | 0 |
| IRS990EZ/MembershipDuesAmt | 0 | 23725 |
| IRS990EZ/MethodOfAccountingCashInd | 0 | X |
| IRS990EZ/NetAssetsOrFundBalancesBOYAmt | 0 | 40800 |
| IRS990EZ/NetAssetsOrFundBalancesEOYAmt | 0 | 45074 |
| IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt | 0 | 40800 |
| IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt | 0 | 45074 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 0 | 3.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 1 | 2.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 0 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 1 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt | 0 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt | 1 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt | 0 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt | 1 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 0 | WILLIAM KEMP |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 1 | MICHAEL MONK |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 0 | PRESIDENT |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 1 | VP FINANCE |
| IRS990EZ/OperateHospitalInd | 0 | 0 |
| IRS990EZ/Organization501cInd | 0 | X |
| IRS990EZ/OrganizationDissolvedEtcInd | 0 | 0 |
| IRS990EZ/OrganizationHadUBIInd | 0 | 0 |
| IRS990EZ/OtherAssetsTotalDetail/BOYAmt | 0 | 2291 |
| IRS990EZ/OtherAssetsTotalDetail/EOYAmt | 0 | 1001 |
| IRS990EZ/OtherChangesInNetAssetsAmt | 0 | 0 |
| IRS990EZ/OtherExpensesTotalAmt | 0 | 87691 |
| IRS990EZ/PoliticalCampaignActyInd | 0 | 0 |
| IRS990EZ/PrimaryExemptPurposeTxt | 0 | TRADE GROUP - COMMERCIAL FINANCE COMPANIES |
| IRS990EZ/ProgramServiceRevenueAmt | 0 | 20865 |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt | 0 | HOSTED EVENT "ANNUAL PE LUNCHEON" |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt | 1 | HOSTED EVENT "ECONOMIC OUTLOOK" LUNCHEON |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt | 2 | HOSTED MULTIPLE "LUNCH AND LEARNS" FOR MEMBERS IN THE GROUP |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt | 0 | 0 |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt | 1 | 0 |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt | 2 | 0 |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt | 0 | 0 |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt | 1 | 0 |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt | 2 | 0 |
| IRS990EZ/ProhibitedTaxShelterTransInd | 0 | 0 |
| IRS990EZ/RelatedOrganizationCtrlEntInd | 0 | 0 |
| IRS990EZ/ScheduleBNotRequiredInd | 0 | X |
| IRS990EZ/SubjectToProxyTaxInd | 0 | 0 |
| IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt | 0 | 18056 |
| IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt | 0 | 18177 |
| IRS990EZ/TanningServicesProvidedInd | 0 | 0 |
| IRS990EZ/TotalExpensesAmt | 0 | 87691 |
| IRS990EZ/TotalRevenueAmt | 0 | 91965 |
| IRS990EZ/TypeOfOrganizationCorpInd | 0 | X |
| IRS990EZ/WebsiteAddressTxt | 0 | HTTPS://WWW.SFNETHOU.ORG/ |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 0 | DESCRIPTION: CREDIT CARD FEES. AMOUNT: 7,039. DESCRIPTION: INSURANCE. AMOUNT: 761. DESCRIPTION: MEALS. AMOUNT: 825. DESCRIPTION: SUPPLIES. AMOUNT: 58. DESCRIPTION: WEBSITE SERVICES. AMOUNT: 2,659. DESCRIPTION: EVENT EXPENSES. AMOUNT: 63,749. DESCRIPTION: ADMIN SUPPORT FEE. AMOUNT: 12,600. TOTAL TO FORM 990-EZ, LINE 16: 87,691. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 1 | DESCRIPTION: ACCOUNTS RECEIVABLE. BEG. OF YEAR AMOUNT: 2,291. END OF YEAR AMOUNT: 1,001. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 2 | DESCRIPTION: DEFERRED REVENUE. BEG. OF YEAR AMOUNT: 18,056. END OF YEAR AMOUNT: 18,177. |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 0 | FORM 990-EZ, PART I, LINE 16 - OTHER EXPENSES |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 1 | FORM 990-EZ, PART II, LINE 24 - OTHER ASSETS |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 2 | FORM 990-EZ, PART II, LINE 26 - OTHER LIABILITIES |
| TransferPrsnlBnftContractsDecl/DeclarationDesc | 0 | THE ORGANIZATION DID NOT, DURING THE YEAR, RECEIVE ANY FUNDS, DIRECTLY,OR INDIRECTLY, TO PAY PREMIUMS ON A PERSONAL BENEFIT CONTRACT.THE ORGANIZATION, DID NOT, DURING THE YEAR, PAY ANY PREMIUMS, DIRECTLY,OR INDIRECTLY, ON A PERSONAL BENEFIT CONTRACT. |
| ReturnHeader/BuildTS | 0 | 2025-03-06 01:10:19Z |
| ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd | 0 | 1 |
| ReturnHeader/BusinessOfficerGrp/PersonNm | 0 | JASON SHARP |
| ReturnHeader/BusinessOfficerGrp/PersonTitleTxt | 0 | BOARD MEMBER |
| ReturnHeader/BusinessOfficerGrp/PhoneNum | 0 | 7136679147 |
| ReturnHeader/BusinessOfficerGrp/SignatureDt | 0 | 2025-02-11 |
| ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt | 0 | SECURED FINANCE NETWORK-HOUSTON CHAPTER |
| ReturnHeader/Filer/BusinessName/BusinessNameLine2Txt | 0 | INC |
| ReturnHeader/Filer/BusinessNameControlTxt | 0 | SECU |
| ReturnHeader/Filer/EIN | 0 | 300329205 |
| ReturnHeader/Filer/PhoneNum | 0 | 7138638300 |
| ReturnHeader/Filer/USAddress/AddressLine1Txt | 0 | 7225 LANGTRY STREET |
| ReturnHeader/Filer/USAddress/CityNm | 0 | HOUSTON |
| ReturnHeader/Filer/USAddress/StateAbbreviationCd | 0 | TX |
| ReturnHeader/Filer/USAddress/ZIPCd | 0 | 77040 |
| ReturnHeader/IRSResponsiblePrtyInfoCurrInd | 0 | 0 |
| ReturnHeader/PreparerFirmGrp/PreparerFirmEIN | 0 | 350921680 |
| ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt | 0 | CROWE LLP |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt | 0 | 9 GREENWAY PLAZA SUITE 2100 |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm | 0 | HOUSTON |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd | 0 | TX |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd | 0 | 770460946 |
| ReturnHeader/PreparerPersonGrp/PhoneNum | 0 | 7136679147 |
| ReturnHeader/PreparerPersonGrp/PreparationDt | 0 | 2025-02-11 |
| ReturnHeader/PreparerPersonGrp/PreparerPersonNm | 0 | JASON SHARP |
| ReturnHeader/ReturnTs | 0 | 2025-02-11T09:01:23-06:00 |
| ReturnHeader/ReturnTypeCd | 0 | 990EZ |
| ReturnHeader/TaxPeriodBeginDt | 0 | 2024-01-01 |
| ReturnHeader/TaxPeriodEndDt | 0 | 2024-12-31 |
| ReturnHeader/TaxYr | 0 | 2024 |
Document Assets
No mirrored PDF or thumbnail assets are attached yet.
Filings
Displayed year
2024 • Form 990EZDetailed filing. Detailed filing data is available for this year.
- Assets
- $63,251
- Liabilities
- $18,177
- Net assets
- $45,074
- Revenue
- $91,965
- Expenses
- $87,691
- Net income
- $4,274
| Balance Sheet | Operations | |||||
|---|---|---|---|---|---|---|
| Year | Assets | Liabilities | Net Assets | Revenue | Expenses | Net Income |
| 2025Detailed filing. Detailed filing data is available for this year. | $70.5 | $21.1 | $49.4 | $98.7 | $89.4 | $9.26 |
| 2024Detailed filing. Detailed filing data is available for this year. | $63.3 | $18.2 | $45.1 | $92.0 | $87.7 | $4.27 |
| 2022Detailed filing. Detailed filing data is available for this year. | $66.3 | $21.2 | $45.2 | $62.4 | $69.2 | $6.83 |