Civic Intelligence

Towne Lake Community Association Inc

990 • Fiscal year 2016 • EIN 32-0179715

Jan 01, 2016 to Dec 31, 2016 • Filed on Oct 02, 2017

Organization ProfileWWW.TOWNELAKELIFE.COM
9214 West Bridgeport Pass CircleCypress, TX 77433

(281) 213-4132

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

79th percentile

0.60x

Higher debt load relative to assets than 79% of similar nonprofits.

2016 filings • 501(c)4 • $5M-$10M nonprofits • Source year 2016

Liabilities / Revenue

37th percentile

0.13x

Higher debt load relative to revenue than 37% of similar nonprofits.

2016 filings • 501(c)4 • $5M-$10M nonprofits • Source year 2016

Net Margin

91st percentile

52%

Higher net margin than 91% of similar nonprofits.

2016 filings • 501(c)4 • $5M-$10M nonprofits • Source year 2016

Top Officer Pay

33rd percentile

$0

Higher top officer pay than 33% of similar nonprofits.

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

2016 filings • 501(c)4 • $5M-$10M nonprofits • Source year 2016

Asset Growth

86th percentile

21%

Faster asset growth than 86% of similar nonprofits.

2016 filings • 501(c)4 • $5M-$10M nonprofits • Annualized from 2015 to 2016

Revenue Growth

94th percentile

140%

Faster revenue growth than 94% of similar nonprofits.

2016 filings • 501(c)4 • $5M-$10M nonprofits • Annualized from 2015 to 2016

Balance Sheet
Liabilities / Assets79th percentile

Assets

Up

$1,646,348

Up $284,391 (+21%) from 2015

Net Assets

Up

$657,737

Up $156,049 (+31%) from 2015

Liabilities

Up

$988,611

Up $128,342 (+15%) from 2015

Revenue And Expenses
Liabilities / Revenue37th percentileNet Margin91st percentile

Revenue

Up

$7,633,290

Up $4,448,507 (+140%) from 2015

Expenses

Up

$3,677,241

Up $770,217 (+26%) from 2015

Net Income

Up

$3,956,049

Up $3,678,290 (+1324%) from 2015

Historical Trend

Balance Sheet Trend

Asset Growth86th percentile

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$8.0M$6.0M$4.0M$2.0M$0-$2.0MAssets 2012: $522,545Liabilities 2012: $610,456Net Assets 2012: -$87,9112012Assets 2015: $1,361,957Liabilities 2015: $860,269Net Assets 2015: $501,6882015Assets 2016: $1,646,348Liabilities 2016: $988,611Net Assets 2016: $657,7372016Assets 2017: $2,170,072Liabilities 2017: $1,056,734Net Assets 2017: $1,113,3382017Assets 2018: $3,019,731Liabilities 2018: $1,426,531Net Assets 2018: $1,593,2002018Assets 2019: $3,739,817Liabilities 2019: $2,001,630Net Assets 2019: $1,738,1872019Assets 2020: $3,470,505Liabilities 2020: $2,089,508Net Assets 2020: $1,380,9972020Assets 2021: $4,256,681Liabilities 2021: $2,729,424Net Assets 2021: $1,527,2572021Assets 2022: $4,924,766Liabilities 2022: $5,889,830Net Assets 2022: -$965,0642022Assets 2023: $4,515,947Liabilities 2023: $5,094,533Net Assets 2023: -$578,5862023Assets 2024: $6,636,830Liabilities 2024: $6,956,742Net Assets 2024: -$319,9122024

Highlighted filing

2016

Assets$1,646,348
Liabilities$988,611
Net Assets$657,737
Open 2016 Filing

Operations Trend

Revenue Growth94th percentile

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$15M$10M$5.0M$0-$5.0MExpenses 2012: $1,209,5702012Revenue 2015: $3,184,783Expenses 2015: $2,907,024Net Income 2015: $277,7592015Revenue 2016: $7,633,290Expenses 2016: $3,677,241Net Income 2016: $3,956,0492016Revenue 2017: $4,907,604Expenses 2017: $4,452,003Net Income 2017: $455,6012017Revenue 2018: $5,811,677Expenses 2018: $5,331,815Net Income 2018: $479,8622018Revenue 2019: $5,917,990Expenses 2019: $5,773,003Net Income 2019: $144,9872019Revenue 2020: $6,437,734Expenses 2020: $6,594,904Net Income 2020: -$157,1702020Revenue 2021: $7,685,021Expenses 2021: $7,320,287Net Income 2021: $364,7342021Revenue 2022: $7,527,737Expenses 2022: $7,650,818Net Income 2022: -$123,0812022Revenue 2023: $9,005,094Expenses 2023: $8,572,274Net Income 2023: $432,8202023Revenue 2024: $10,094,942Expenses 2024: $9,842,587Net Income 2024: $252,3552024

Highlighted filing

2016

Revenue$7,633,290
Expenses$3,677,241
Net Income$3,956,049
Open 2016 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2016 to Dec 31, 2016
Signed
Oct 2, 2017
Return Version
2016v3.0
Gross Receipts
$7,633,290
Mission and Program Overview

Mission

To provide security, law enforcement, street lights, architectural zoning and maintain the common areas such as the esplanades, lakes, parks, playgrounds and swimming pool to benefit the entire community.

Balance Sheet Detail
LineBeginningEndChange
Assets
Savings and Temporary Cash Investments$201,375$742,156▲ $540,781
Cash and Non-Interest-Bearing Accounts$1,014,134$665,200▼ $348,934
Rtn Earn Endowment Incm Other Fnds$665,530$657,737▼ $7,793
Prepaid Expenses and Deferred Charges$67,177$77,860▲ $10,683
Land, Buildings, and Equipment, Net$37,544$42,011▲ $4,467
Accounts Receivable$41,727$20,275▼ $21,452
Cap Stk Tr Prin Current Funds$-163,842--
Total Assets$1,361,957$1,646,348▲ $284,391
Other Assets Total-$98,846-
Liabilities
Deferred Revenue$616,827$757,393▲ $140,566
Accounts Payable and Accrued Expenses$209,378$170,904▼ $38,474
Other Liabilities$34,064$60,314▲ $26,250
Total Liabilities$860,269$988,611▲ $128,342
Net Assets / Fund Balance
Total Net Assets Fund Balance$501,688$657,737▲ $156,049
Total Liabilities and Net Assets / Fund Balance$1,361,957$1,646,348▲ $284,391

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$42,011$7,097$49,108
Other Assets Org$41,393--
Compensation and Service Providers
Top Officer Pay33rd percentile

Board Members and Trustees

NameTitle
Kent PuckettPresident
Jennifer SymonsDirector
Jerry HlozekDirector
Peter BarnhartSecretary/tr
Tim FitzpatrickVice Preside

Highest Paid Contractors

ContractorServicesLocationCompensation
All Star LandscapingLandscape Maint17110 LEWIS DRIVE, Cypress, TX 77433$1,314,361
Lake Management ServicesManage/service1650 HWY 6 SOUTH STE 430, Sugar Land, TX 77478$277,224
Lone Star Pool ManagementPool ManagementPO BOX 842572, Houston, TX 77284$169,358
Seal SecurityConsultant1525 BLALOCK ROAD, Houston, TX 77080$130,518
Revenue and Support

Revenue Composition

Contributions and Grants
$4,357,453
Program Service Revenue
$2,837,871
Investment Income
$4,720
Other Revenue
$433,246
Change in Net Assets
$3,956,049

Noncash Contribution Practices

Property subject to holding requirements
No
Reviewed unusual noncash gifts
No
Third parties used for noncash contributions
No

Noncash Contributions

Contribution TypeContribution CountReported AmountValuation Method
Real Estate Commercial1$3,800,000Related Organization Cost
Total Noncash Contributions1$3,800,000-

Audited Revenue Reconciliation

Revenue per Audited Statements
$3,833,290
Revenue Not Reported on Financial Statements
$3,800,000
Other Revenue Adjustments
$3,800,000
Total Revenue per Audited Statements
$3,833,290
Total Revenue per Form 990
$7,633,290
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$3,677,241
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
Other Expenses$360,783--$360,783
All Other Expenses$271,503--$271,503
Insurance$112,958--$112,958
Fees for Services Management$45,414--$45,414
Office Expenses$32,179--$32,179
Fees for Services Legal$27,179--$27,179
Fees for Services Accounting$5,400--$5,400
Depreciation Depletion$5,240--$5,240
Conferences and Meetings$4,643--$4,643
Total Functional Expenses$3,677,241$0$0$3,677,241

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$3,677,241
Total Expenses per Audited Statements$3,677,241
Total Expenses per Form 990$3,677,241
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
Deposits$60,314
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Audit committee
Yes
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
No
Audited financial statements prepared
No
Key decisions subject to board approval
Yes
Management duties delegated
Yes

Governance Explanations

Form 990, Page 6, Part VI, Line 2

“Kent puckett caldwell companies president developer employee/employer peter barnhart caldwell companies sec/treas developer employee/employer jennifer symons caldwell companies director developer employee/employer”

Form 990, Page 6, Part VI, Line 3

“The day to day operations are delegated to ccmc management company.”

Form 990, Page 6, Part VI, Line 6

“The association has members. The association membership consists of homeowner members and developer/builder members.”

Form 990, Page 6, Part VI, Line 7A

“The association is governed by a volunteer uncompensated board of directors. The directors are voted into office by the members.”

Form 990, Page 6, Part VI, Line 7B

“The governance decisions of the association are made by the members of the association.”

Form 990, Page 6, Part VI, Line 11B

“A copy of form 990 is provided to the board members for their review at the board of directors meeting.”

Form 990, Page 6, Part VI, Line 19

“The governing documents of the organization are made available to the public upon request.”

Filing and Contact Details

Filer

Filer Name
Towne Lake Community Association
EIN
32-0179715
Phone
2812134132
Address
9214 WEST BRIDGEPORT PASS CIRCLE, CYPRESS, TX 77433

Signing Officer

Name
Kent Puckett
Title
President
Phone
4809217500
Signed
2017-10-02
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Kent Puckett
Formed
2006
Legal Domicile
TX
Voting Board Members
5
Independent Board Members
5
Employees
0
Volunteers
50

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, Part XI, Line 9

“Donated real property not recognized -3,800,000 donated real property is not recognized on the financial statements of towne lake community association, inc. 3.8 million in clubhouse improvements were donated by towne lake community services foundation.”

Financial Statement Notes

Schedule D, Page 4, Part XI, Line 4B

“In-kind donation of real property 3,800,000”

Raw XML AppendixShowing 400 of 437 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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IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt067177
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt077860
IRS990/PrincipalOfficerNm0KENT PUCKETT
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgramServiceRevenueGrp/Desc0MEMBERSHIP ASSESSMENTS
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt02837871
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt02837871
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYExcessBenefitTransInd0false
IRS990/PYInvestmentIncomeAmt03823
IRS990/PYOtherExpensesAmt02907024
IRS990/PYOtherRevenueAmt0869847
IRS990/PYProgramServiceRevenueAmt02311113
IRS990/PYRevenuesLessExpensesAmt0277759
IRS990/PYTotalExpensesAmt02907024
IRS990/PYTotalRevenueAmt03184783
IRS990/ReconcilationRevenueExpnssAmt03956049
IRS990/RelatedEntityInd0true
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/RelatedOrganizationsAmt04357453
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0true
IRS990/ReportOtherLiabilitiesInd0true
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RevenueAmt02837871
IRS990/RtnEarnEndowmentIncmOthFndsGrp/BOYAmt0665530
IRS990/RtnEarnEndowmentIncmOthFndsGrp/EOYAmt0657737
IRS990/SavingsAndTempCashInvstGrp/BOYAmt0201375
IRS990/SavingsAndTempCashInvstGrp/EOYAmt0742156
IRS990/ScheduleBRequiredInd0false
IRS990ScheduleC/AgreeCarryoverPriorYearInd0false
IRS990ScheduleC/OnlyInHouseLobbyingInd0true
IRS990ScheduleC/SubstantiallyAllDuesNondedInd0true
IRS990ScheduleD/EquipmentGrp/BookValueAmt042011
IRS990ScheduleD/EquipmentGrp/DepreciationAmt07097
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt049108
IRS990ScheduleD/ExpensesSubtotalAmt03677241
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt057453
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt141393
IRS990ScheduleD/OtherAssetsOrgGrp/Desc0DUE FROM DEVELOPER
IRS990ScheduleD/OtherAssetsOrgGrp/Desc1DUE FROM TOWNE LAKE COMMERCIAL OWNER
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt060314
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0DEPOSITS
IRS990ScheduleD/OtherRevenuesNotIncludedAmt03800000
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt03800000
IRS990ScheduleD/RevenueSubtotalAmt03833290
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0IN-KIND DONATION OF REAL PROPERTY 3,800,000
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0SCHEDULE D, PAGE 4, PART XI, LINE 4B
IRS990ScheduleD/TotalBookValueLandBuildingsAmt042011
IRS990ScheduleD/TotalBookValueOtherAssetsAmt098846
IRS990ScheduleD/TotalExpensesPerForm990Amt03677241
IRS990ScheduleD/TotalLiabilityAmt060314
IRS990ScheduleD/TotalRevenuePerForm990Amt07633290
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt03833290
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt03677241
IRS990/ScheduleJRequiredInd0false
IRS990ScheduleM/AnyPropertyThatMustBeHeldInd0false
IRS990ScheduleM/RealEstateCommercialGrp/ContributionCnt01
IRS990ScheduleM/RealEstateCommercialGrp/MethodOfDeterminingRevenuesTxt0RELATED ORGANIZATION COST
IRS990ScheduleM/RealEstateCommercialGrp/NonCashCheckboxInd0X
IRS990ScheduleM/RealEstateCommercialGrp/NoncashContributionsRptF990Amt03800000
IRS990ScheduleM/ReviewProcessUnusualNCGiftsInd0false
IRS990ScheduleM/ThirdPartiesUsedInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0KENT PUCKETT CALDWELL COMPANIES PRESIDENT DEVELOPER EMPLOYEE/EMPLOYER PETER BARNHART CALDWELL COMPANIES SEC/TREAS DEVELOPER EMPLOYEE/EMPLOYER JENNIFER SYMONS CALDWELL COMPANIES DIRECTOR DEVELOPER EMPLOYEE/EMPLOYER
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE DAY TO DAY OPERATIONS ARE DELEGATED TO CCMC MANAGEMENT COMPANY.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE ASSOCIATION HAS MEMBERS. THE ASSOCIATION MEMBERSHIP CONSISTS OF HOMEOWNER MEMBERS AND DEVELOPER/BUILDER MEMBERS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THE ASSOCIATION IS GOVERNED BY A VOLUNTEER UNCOMPENSATED BOARD OF DIRECTORS. THE DIRECTORS ARE VOTED INTO OFFICE BY THE MEMBERS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4THE GOVERNANCE DECISIONS OF THE ASSOCIATION ARE MADE BY THE MEMBERS OF THE ASSOCIATION.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5A COPY OF FORM 990 IS PROVIDED TO THE BOARD MEMBERS FOR THEIR REVIEW AT THE BOARD OF DIRECTORS MEETING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6THE GOVERNING DOCUMENTS OF THE ORGANIZATION ARE MADE AVAILABLE TO THE PUBLIC UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt7DONATED REAL PROPERTY NOT RECOGNIZED -3,800,000 DONATED REAL PROPERTY IS NOT RECOGNIZED ON THE FINANCIAL STATEMENTS OF TOWNE LAKE COMMUNITY ASSOCIATION, INC. 3.8 MILLION IN CLUBHOUSE IMPROVEMENTS WERE DONATED BY TOWNE LAKE COMMUNITY SERVICES FOUNDATION.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PAGE 6, PART VI, LINE 2
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PAGE 6, PART VI, LINE 3
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PAGE 6, PART VI, LINE 6
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PAGE 6, PART VI, LINE 7A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PAGE 6, PART VI, LINE 7B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990, PAGE 6, PART VI, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6FORM 990, PAGE 6, PART VI, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc7FORM 990, PART XI, LINE 9
IRS990ScheduleR/AssetExchangeInd0false
IRS990ScheduleR/AssetPurchaseFromOtherOrgInd0false
IRS990ScheduleR/AssetSaleToOtherOrgInd0false
IRS990ScheduleR/DivRelatedOrganizationInd0false
IRS990ScheduleR/GiftGrntCapContriFromOthOrgInd0false
IRS990ScheduleR/GiftGrntOrCapContriToOthOrgInd0false
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/ControlledOrganizationInd0false
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/DirectControllingNACd0N/A
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/EntityTypeTxt0C CORP
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/LegalDomicileStateCd0TX
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/PrimaryActivitiesTxt0DEVELOPER
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/RelatedOrganizationName/BusinessNameLine1Txt0CALDWELL COMPANIES
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/USAddress/AddressLine1Txt07904 N SAM HOUSTON PKWY WEST
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/USAddress/CityNm0HOUSTON
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/USAddress/StateAbbreviationCd0TX
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/USAddress/ZIPCd077064
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd0false
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DirectControllingEntityName/BusinessNameLine1Txt0NA
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt0TOWNE LAKE COMMUNITY SERVICES
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine2Txt0FOUNDATION INC
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/EIN0320283965
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ExemptCodeSectionTxt0501C4
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/LegalDomicileStateCd0TX
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PrimaryActivitiesTxt0SERVICES
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/AddressLine1Txt09214 WEST BRIDGEPORT PASS CIRCLE
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/CityNm0CYPRESS
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/StateAbbreviationCd0TX
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/ZIPCd077433
IRS990ScheduleR/LoansOrGuaranteesFromOthOrgInd0false
IRS990ScheduleR/LoansOrGuaranteesToOtherOrgInd0false
IRS990ScheduleR/PaidEmployeesSharingInd0false
IRS990ScheduleR/PerformOfServicesByOtherOrgInd0false
IRS990ScheduleR/PerformOfServicesForOthOrgInd0false
IRS990ScheduleR/ReceiptOfIntAnntsRntsRyltsInd0false
IRS990ScheduleR/ReimbursementPaidByOtherOrgInd0true
IRS990ScheduleR/ReimbursementPaidToOtherOrgInd0false
IRS990ScheduleR/RentalOfFacilitiesToOthOrgInd0false
IRS990ScheduleR/RentalOfFcltsFromOthOrgInd0false
IRS990ScheduleR/SharingOfFacilitiesInd0false
IRS990ScheduleR/SupplementalInformationDetail/ExplanationTxt0PART V 1Q AND 1S TOWNE LAKE COMMUNITY SERVICES FOUNDATION GAVE REIMBURSEMENTS OF 138,880 FOR EXPENSES AND 3.8 MILLION IN IMPROVEMENTS TO THE CLUBHOUSE. PART V 1C THE DEVELOPER (CALDWELL COMPANIES) PROVIDED FUNDING TO SUPPORT THE OPERATIONS OF THE ASSOCIATION IN THE AMOUNT OF 557,453. TOWNE LAKE COMMUNITY ASSOCIATION, INC'S BOARD OF DIRECTORS ARE MADE UP OF EMPLOYEES OF THE DEVELOPER.
IRS990ScheduleR/SupplementalInformationDetail/FormAndLineReferenceDesc0SCHEDULE R
IRS990ScheduleR/TransactionsRelatedOrgGrp/InvolvedAmt0138880
IRS990ScheduleR/TransactionsRelatedOrgGrp/InvolvedAmt13800000
IRS990ScheduleR/TransactionsRelatedOrgGrp/InvolvedAmt2557453
IRS990ScheduleR/TransactionsRelatedOrgGrp/MethodOfAmountDeterminationTxt0CASH
IRS990ScheduleR/TransactionsRelatedOrgGrp/MethodOfAmountDeterminationTxt1CLUBHOUSE IMPROVEMENTS
IRS990ScheduleR/TransactionsRelatedOrgGrp/MethodOfAmountDeterminationTxt2CASH
IRS990ScheduleR/TransactionsRelatedOrgGrp/OtherOrganizationName/BusinessNameLine1Txt0TOWNE LAKE COMMUNITY SERVICES
IRS990ScheduleR/TransactionsRelatedOrgGrp/OtherOrganizationName/BusinessNameLine1Txt1TOWNE LAKE COMMUNITY SERVICES
IRS990ScheduleR/TransactionsRelatedOrgGrp/OtherOrganizationName/BusinessNameLine1Txt2CALDWELL COMPANIES
IRS990ScheduleR/TransactionsRelatedOrgGrp/OtherOrganizationName/BusinessNameLine2Txt0FOUNDATION
IRS990ScheduleR/TransactionsRelatedOrgGrp/OtherOrganizationName/BusinessNameLine2Txt1FOUNDATION
IRS990ScheduleR/TransactionsRelatedOrgGrp/TransactionTypeTxt0Q
IRS990ScheduleR/TransactionsRelatedOrgGrp/TransactionTypeTxt1S
IRS990ScheduleR/TransactionsRelatedOrgGrp/TransactionTypeTxt2C
IRS990ScheduleR/TransferFromOtherOrgInd0true
IRS990ScheduleR/TransferToOtherOrgInd0false
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/SubjectToProxyTaxInd0true
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TempOrPermanentEndowmentsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt01361957
IRS990/TotalAssetsEOYAmt01646348
IRS990/TotalAssetsGrp/BOYAmt01361957
IRS990/TotalAssetsGrp/EOYAmt01646348
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalContributionsAmt04357453
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt00
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt03677241
IRS990/TotalFunctionalExpensesGrp/TotalAmt03677241
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt0860269
IRS990/TotalLiabilitiesEOYAmt0988611
IRS990/TotalLiabilitiesGrp/BOYAmt0860269
IRS990/TotalLiabilitiesGrp/EOYAmt0988611
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0501688
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0657737
IRS990/TotalProgramServiceExpensesAmt03677241
IRS990/TotalProgramServiceRevenueAmt02837871
IRS990/TotalRevenueGrp/ExclusionAmt04720
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt03271117
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt07633290
IRS990/TotalVolunteersCnt050
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt01361957
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt01646348
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt09214 WEST BRIDGEPORT PASS CIRCLE
IRS990/USAddress/CityNm0CYPRESS

Document Assets

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Filings

Displayed year

2016 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$1,646,348
Liabilities
$988,611
Net assets
$657,737
Revenue
$7,633,290
Expenses
$3,677,241
Net income
$3,956,049
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$6.64$6.96$0.32$10.1$9.84$0.25
2023Detailed filing. Detailed filing data is available for this year.$4.52$5.09$0.58$9.01$8.57$0.43
2022Detailed filing. Detailed filing data is available for this year.$4.92$5.89$0.97$7.53$7.65$0.12
2021Detailed filing. Detailed filing data is available for this year.$4.26$2.73$1.53$7.69$7.32$0.36
2020Detailed filing. Detailed filing data is available for this year.$3.47$2.09$1.38$6.44$6.59$0.16
2019Detailed filing. Detailed filing data is available for this year.$3.74$2.00$1.74$5.92$5.77$0.14
2018Detailed filing. Detailed filing data is available for this year.$3.02$1.43$1.59$5.81$5.33$0.48
2017Detailed filing. Detailed filing data is available for this year.$2.17$1.06$1.11$4.91$4.45$0.46
2016Detailed filing. Detailed filing data is available for this year.$1.65$0.99$0.66$7.63$3.68$3.96
2015Detailed filing. Detailed filing data is available for this year.$1.36$0.86$0.50$3.18$2.91$0.28
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.52$0.61$0.09$1.21