Civic Intelligence

Towne Lake Community Services

EIN 32-0283965 • 501(c)4 • Cypress, TX

Profile

To assist in the sponsorship of services and programs for the residents of Towne Lake Community

9214 West Bridgeport Pass CircleCypress, TX 77443

n/A

Siviq Scores

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

Liabilities / Assets

32nd percentile

0.00x

Higher debt load relative to assets than 32% of similar nonprofits.

501(c)4 • $1M-$5M nonprofits • Source year 2024

Liabilities / Revenue

34th percentile

0.00x

Higher debt load relative to revenue than 34% of similar nonprofits.

501(c)4 • $1M-$5M nonprofits • Source year 2024

Net Margin

79th percentile

34%

Higher net margin than 79% of similar nonprofits.

501(c)4 • $1M-$5M nonprofits • Source year 2024

Top Officer Pay

71st percentile

$0

Higher top officer pay than 71% of similar nonprofits.

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

501(c)4 • $1M-$5M nonprofits • Source year 2024

Asset Growth

84th percentile

23%

Faster asset growth than 84% of similar nonprofits.

501(c)4 • $1M-$5M nonprofits • Annualized from 2021 to 2024

Revenue Growth

36th percentile

1.9%

Faster revenue growth than 36% of similar nonprofits.

501(c)4 • $1M-$5M nonprofits • Annualized from 2021 to 2024

Assets

Up

$3,356,455

Up $1,532,835 (+84%) from 2021

Liabilities

Down

$3,851

Down $2,058 (-35%) from 2021

Net Assets

Up

$3,352,604

Up $1,534,893 (+84%) from 2021

Revenue

Up

$1,183,271

Up $66,102 (+5.9%) from 2021

Expenses

Up

$784,803

Up $182,854 (+30%) from 2021

Net Income

Down

$398,468

Down $116,752 (-23%) from 2021

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 2011: $82,219Net Assets 2011: $82,2192011Assets 2012: $161,300Net Assets 2012: $161,3002012Assets 2015: $749,240Liabilities 2015: $24,651Net Assets 2015: $724,5892015Assets 2016: $531,284Liabilities 2016: $3,600,112Net Assets 2016: -$3,068,8282016Assets 2017: $474,245Liabilities 2017: $3,408,419Net Assets 2017: -$2,934,1742017Assets 2018: $417,674Liabilities 2018: $3,200,033Net Assets 2018: -$2,782,3592018Assets 2019: $826,005Liabilities 2019: $7,821Net Assets 2019: $818,1842019Assets 2020: $1,343,675Liabilities 2020: $56,866Net Assets 2020: $1,286,8092020Assets 2021: $1,823,620Liabilities 2021: $5,909Net Assets 2021: $1,817,7112021Assets 2024: $3,356,455Liabilities 2024: $3,851Net Assets 2024: $3,352,6042024

Highlighted filing

2024

Assets$3,356,455
Liabilities$3,851
Net Assets$3,352,604

Operations Trend

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

$6.0M$4.0M$2.0M$0-$2.0M-$4.0MRevenue 2011: $78,428Expenses 2011: $27,691Net Income 2011: $50,7372011Revenue 2012: $137,393Expenses 2012: $58,312Net Income 2012: $79,0812012Revenue 2015: $395,386Expenses 2015: $169,731Net Income 2015: $225,6552015Revenue 2016: $327,592Expenses 2016: $4,121,009Net Income 2016: -$3,793,4172016Revenue 2017: $485,136Expenses 2017: $350,482Net Income 2017: $134,6542017Revenue 2018: $530,844Expenses 2018: $379,029Net Income 2018: $151,8152018Revenue 2019: $3,957,494Expenses 2019: $356,951Net Income 2019: $3,600,5432019Revenue 2020: $773,560Expenses 2020: $314,893Net Income 2020: $458,6672020Revenue 2021: $1,117,169Expenses 2021: $601,949Net Income 2021: $515,2202021Revenue 2024: $1,183,271Expenses 2024: $784,803Net Income 2024: $398,4682024

Highlighted filing

2024

Revenue$1,183,271
Expenses$784,803
Net Income$398,468

Filings

Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
Nov 12, 2025
Return Version
2024v5.2
Gross Receipts
$1,183,271
Mission and Program Overview

Mission

To assist in the sponsorship of services and programs for the residents of towne lake community.

To assist in the sponsorship of services and programs for the residents of Towne Lake Community

Balance Sheet Detail
LineBeginningEndChange
Assets
Savings and Temporary Cash Investments$1,551,389$2,028,188▲ $476,799
Cash and Non-Interest-Bearing Accounts$1,051,629$825,707▼ $225,922
Accounts Receivable$247,138$275,577▲ $28,439
Prepaid Expenses and Deferred Charges$1,764$121,767▲ $120,003
Land, Buildings, and Equipment, Net$109,791$105,216▼ $4,575
Other Notes and Loans Receivable, Net-$0-
Pledges and Grants Receivable-$0-
Receivable From Disqualified Prsn-$0-
Receivables From Officers Etc-$0-
Investments Other Securities-$0-
Investments Program Related-$0-
Investments in Publicly Traded Securities-$0-
Intangible Assets-$0-
Inventories for Sale or Use-$0-
Total Assets$2,961,711$3,356,455▲ $394,744
Other Assets Total-$0-
Liabilities
Accounts Payable and Accrued Expenses$7,575$3,851▼ $3,724
Other Liabilities$1--
Total Liabilities$7,576$3,851▼ $3,725
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$2,954,135$3,352,604▲ $398,469
Total Net Assets Fund Balance$2,954,135$3,352,604▲ $398,469
Total Liabilities and Net Assets / Fund Balance$2,961,711$3,356,455▲ $394,744

Asset Categories

AssetBook ValueDepreciationBasis
Other Land Buildings$105,216$32,034$137,250
Compensation and Service Providers

Board Members and Trustees

NameTitle
Fred CaldwellPresident
Peter BarnhartVice President
Alissa FairclothDirector
Jennifer SymonsTreasurer

Highest Paid Contractors

ContractorServicesLocationCompensation
Houston Methodist Global Health ServicesMedical6560 Fannin Street Suite 570, Houston, TX 77030-
Revenue and Support

Revenue Composition

Contributions and Grants
$1,106,446
Program Service Revenue
$0
Investment Income
$76,825
Other Revenue
$0
All Other Contributions
$1,106,446
Change in Net Assets
$398,468
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$784,803
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$26,280--$26,280
Fees for Services Accounting-$6,000-$6,000
Fees for Services Management-$6,000-$6,000
Depreciation Depletion$4,575--$4,575
Fees for Services Legal-$2,580-$2,580
Insurance$2,117--$2,117
Total Functional Expenses$770,223$14,580$0$784,803
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
Insider Transactions and Loans

Loans and Receivables

Line ItemBeginningEndChange
Receivables from Disqualified Persons-$0-
Receivables from Officers, Directors, Trustees, and Key Employees-$0-
Governance and Compliance

Governance Checklist

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

Governance Explanations

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

No review was or will be conducted.

Form 990, Part VI, Section C, Line 19

No documents available to the public.

Filing and Contact Details

Filer

Filer Name
Towne Lake Community Services
EIN
32-0283965
Phone
4806247051
Address
9214 West Bridgeport Pass Circle, Cypress, TX 77443

Signing Officer

Name
Peter Barnhart
Title
Vice President
Signed
2025-11-12
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Peter Barnhart
Formed
2009
Legal Domicile
TX
Voting Board Members
4
Independent Board Members
4
Employees
0
Volunteers
5

Preparer

Firm
Canady & Canady LLC
Address
4801 Woodway Dr Suite 470-E, Houston, TX 77056
Preparer
Scott Scarborough
Phone
7137831021
Supplemental Narrative

Additional Explanations

Form 990, Part XI, Line 9

= $1

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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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ReturnHeader/BuildTS02025-03-06 01:10:19Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0Peter Barnhart
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0Vice President
ReturnHeader/BusinessOfficerGrp/SignatureDt02025-11-12
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0Towne Lake Community Services
ReturnHeader/Filer/BusinessName/BusinessNameLine2Txt0Foundation Inc
ReturnHeader/Filer/BusinessNameControlTxt0TOWN
ReturnHeader/Filer/EIN0320283965
ReturnHeader/Filer/PhoneNum04806247051
ReturnHeader/Filer/USAddress/AddressLine1Txt09214 West Bridgeport Pass Circle
ReturnHeader/Filer/USAddress/CityNm0Cypress
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ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0820961820
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0Canady & Canady LLC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt04801 Woodway Dr Suite 470-E
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0Houston
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0TX
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd077056
ReturnHeader/PreparerPersonGrp/PhoneNum07137831021
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0Scott Scarborough
ReturnHeader/ReturnTs02025-11-12T07:35:42-08:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02024-01-01
ReturnHeader/TaxPeriodEndDt02024-12-31
ReturnHeader/TaxYr02024

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