Civic Intelligence

Willow Oaks Owners Associationinc

990EZ • Fiscal year 2014 • EIN 41-2085687

Jan 01, 2014 to Dec 31, 2014 • Filed on Aug 27, 2015

Organization ProfileN/A
4125-g Walker AveGreensboro, NC 27407

(336) 272-0641

Siviq Scores

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

Liabilities / Assets

72nd percentile

0.05x

Higher debt load relative to assets than 72% of similar nonprofits.

2014 filings • 501(c)4 • <$500k nonprofits • Source year 2014

Liabilities / Revenue

71st percentile

0.04x

Higher debt load relative to revenue than 71% of similar nonprofits.

2014 filings • 501(c)4 • <$500k nonprofits • Source year 2014

Net Margin

15th percentile

-19%

Higher net margin than 15% of similar nonprofits.

2014 filings • 501(c)4 • <$500k nonprofits • Source year 2014

Top Officer Pay

85th percentile

$0

Higher top officer pay than 85% of similar nonprofits.

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

2014 filings • 501(c)4 • <$500k nonprofits • Source year 2014

Asset Growth

15th percentile

-20%

Faster asset growth than 15% of similar nonprofits.

2014 filings • 501(c)4 • <$500k nonprofits • Annualized from 2013 to 2014

Revenue Growth

33rd percentile

-7.1%

Faster revenue growth than 33% of similar nonprofits.

2014 filings • 501(c)4 • <$500k nonprofits • Annualized from 2013 to 2014

Balance Sheet
Liabilities / Assets72nd percentile

Assets

Down

$73,621

Down $18,039 (-20%) from 2013

Net Assets

$69,667

No earlier filing loaded for comparison.

Liabilities

Up

$3,954

Up $1,969 (+99%) from 2013

Revenue And Expenses
Liabilities / Revenue71st percentileNet Margin15th percentile

Revenue

Down

$108,021

Down $8,260 (-7.1%) from 2013

Expenses

Up

$128,029

Up $34,869 (+37%) from 2013

Net Income

Down

-$20,008

Down $43,129 (-187%) from 2013

Historical Trend

Balance Sheet Trend

Asset Growth15th percentile

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

$100K$50K$0Assets 2011: $77,999Liabilities 2011: $3,4652011Assets 2012: $70,069Liabilities 2012: $3,5152012Assets 2013: $91,660Liabilities 2013: $1,9852013Assets 2014: $73,621Liabilities 2014: $3,954Net Assets 2014: $69,6672014Assets 2015: $0Net Assets 2015: $02015

Highlighted filing

2014

Assets$73,621
Liabilities$3,954
Net Assets$69,667
Open 2014 Filing

Operations Trend

Revenue Growth33rd percentile

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

$150K$100K$50K$0-$50KRevenue 2011: $108,097Expenses 2011: $105,090Net Income 2011: $3,0072011Revenue 2012: $94,529Expenses 2012: $102,509Net Income 2012: -$7,9802012Revenue 2013: $116,281Expenses 2013: $93,160Net Income 2013: $23,1212013Revenue 2014: $108,021Expenses 2014: $128,029Net Income 2014: -$20,0082014

Highlighted filing

2014

Revenue$108,021
Expenses$128,029
Net Income-$20,008
Open 2014 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2014 to Dec 31, 2014
Signed
Aug 27, 2015
Return Version
2014v5.0
Gross Receipts
$108,021
Mission and Program Overview

Mission

HOMEOWNERS ASSOCIATION

Program Services

DescriptionGrantsExpenses
MANAGEMENT, OPERATION, AND MAINTENANCE OF THE COMMON AREAS AND ENFORCEMENT OF THE RESTRICTIONS CONTAINED IN THE BYLAWS AND DECLARATION OF THE ASSOCIATION.-$128,029
Compensation and Service Providers
Top Officer Pay85th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
WILLIAM HARVEYPresidentPT$0--
LOIS FRIEDSecretaryPT$0--
ERIC PINKNEYVice-PresidePT$0--
Filing and Contact Details

Filer

Filer Name
Willow Oaks Owners Associationinc
EIN
41-2085687
Address
4125-G WALKER AVE, GREENSBORO, NC 27407

Signing Officer

Name
Kay Thorton
Title
Property Manager
Signed
2015-08-27
Discuss with paid preparer
Yes

Preparer

Firm
Councilman Farlow Marlowe & Co Pllc
Address
4125-D WALKER AVE, GREENSBORO, NC 27407
Preparer
Dale Farlow
Phone
3362942840
Supplemental Narrative

Additional Explanations

Form 990-ez, Part I, Line 16

“Expenses office supplies 3,573 insurance 1,587 electricity 15,359 building repair 717 grounds maintenance 62,016 landscaping 5,964 resident activities 1,908 credit loss - bad debt 20,514 website 480 contingency expenses 337 asphalt repairs 1,275 total 113,730”

Form 990-ez, Part II, Line 24

“Accounts receivable 35,100 21,265 total 35,100 21,265”

Form 990-ez, Part II, Line 26

“Prepaid hoa dues 1,985 3,954”

Raw XML Appendix98 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/ActivitiesNotPreviouslyRptInd0false
IRS990EZ/BooksInCareOfDetail/PersonNm0SLATTER MANAGEMENT SERVICES INC
IRS990EZ/BooksInCareOfDetail/PhoneNum03362720641
IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt04125-G WALKER AVENUE
IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0GREENSBORO
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0NC
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd027407
IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt056560
IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt052356
IRS990EZ/ChgMadeToOrgnzngDocNotRptInd0false
IRS990EZ/DonorAdvisedFndsInd0false
IRS990EZ/EngagedInExcessBenefitTransInd0false
IRS990EZ/ExcessOrDeficitForYearAmt0-20008
IRS990EZ/FeesAndOtherPymtToIndCntrctAmt014299
IRS990EZ/ForeignFinancialAccountInd0false
IRS990EZ/ForeignOfficeInd0false
IRS990EZ/Form1120PolFiledInd0false
IRS990EZ/Form990TotalAssetsGrp/BOYAmt091660
IRS990EZ/Form990TotalAssetsGrp/EOYAmt073621
IRS990EZ/GrossReceiptsAmt0108021
IRS990EZ/InfoInScheduleOPartIIInd0X
IRS990EZ/InfoInScheduleOPartIInd0X
IRS990EZ/InvestmentIncomeAmt084
IRS990EZ/MadeLoansToFromOfficersInd0false
IRS990EZ/MembershipDuesAmt0107937
IRS990EZ/MethodOfAccountingAccrualInd0X
IRS990EZ/NetAssetsOrFundBalancesBOYAmt089675
IRS990EZ/NetAssetsOrFundBalancesEOYAmt069667
IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt089675
IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt069667
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt05.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt15.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt25.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0WILLIAM HARVEY
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm1LOIS FRIED
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm2ERIC PINKNEY
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0PRESIDENT
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1SECRETARY
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2VICE-PRESIDE
IRS990EZ/OperateHospitalInd0false
IRS990EZ/Organization501cInd0X
IRS990EZ/OrganizationDissolvedEtcInd0false
IRS990EZ/OrganizationHadUBIInd0false
IRS990EZ/OtherAssetsTotalDetail/BOYAmt035100
IRS990EZ/OtherAssetsTotalDetail/EOYAmt021265
IRS990EZ/OtherExpensesTotalAmt0113730
IRS990EZ/PoliticalCampaignActyInd0false
IRS990EZ/PrimaryExemptPurposeTxt0HOMEOWNERS ASSOCIATION
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0MANAGEMENT, OPERATION, AND MAINTENANCE OF THE COMMON AREAS AND ENFORCEMENT OF THE RESTRICTIONS CONTAINED IN THE BYLAWS AND DECLARATION OF THE ASSOCIATION.
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt0128029
IRS990EZ/ProhibitedTaxShelterTransInd0false
IRS990EZ/RelatedOrganizationCtrlEntInd0false
IRS990EZ/ScheduleBNotRequiredInd0X
IRS990EZ/SubjectToProxyTaxInd0false
IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt01985
IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt03954
IRS990EZ/TanningServicesProvidedInd0false
IRS990EZ/TotalExpensesAmt0128029
IRS990EZ/TotalProgramServiceExpensesAmt0128029
IRS990EZ/TotalRevenueAmt0108021
IRS990EZ/TransactionWithControlEntInd0false
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990EZ/WebsiteAddressTxt0N/A
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0EXPENSES OFFICE SUPPLIES 3,573 INSURANCE 1,587 ELECTRICITY 15,359 BUILDING REPAIR 717 GROUNDS MAINTENANCE 62,016 LANDSCAPING 5,964 RESIDENT ACTIVITIES 1,908 CREDIT LOSS - BAD DEBT 20,514 WEBSITE 480 CONTINGENCY EXPENSES 337 ASPHALT REPAIRS 1,275 TOTAL 113,730
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1ACCOUNTS RECEIVABLE 35,100 21,265 TOTAL 35,100 21,265
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2PREPAID HOA DUES 1,985 3,954
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990-EZ, PART I, LINE 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990-EZ, PART II, LINE 24
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990-EZ, PART II, LINE 26
ReturnHeader/BuildTS02016-04-25 22:37:26Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0KAY THORTON
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PROPERTY MANAGER
ReturnHeader/BusinessOfficerGrp/SignatureDt02015-08-27
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0WILLOW OAKS OWNERS ASSOCIATIONINC
ReturnHeader/Filer/BusinessNameControlTxt0WILL
ReturnHeader/Filer/EIN0412085687
ReturnHeader/Filer/USAddress/AddressLine1Txt04125-G WALKER AVE
ReturnHeader/Filer/USAddress/CityNm0GREENSBORO
ReturnHeader/Filer/USAddress/StateAbbreviationCd0NC
ReturnHeader/Filer/USAddress/ZIPCd027407
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0561188308
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0COUNCILMAN FARLOW MARLOWE & CO PLLC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt04125-D WALKER AVE
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0GREENSBORO
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0NC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd027407
ReturnHeader/PreparerPersonGrp/PhoneNum03362942840
ReturnHeader/PreparerPersonGrp/PreparationDt02015-09-02
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0DALE FARLOW
ReturnHeader/ReturnTs02015-09-09T19:49:27-05:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02014-01-01
ReturnHeader/TaxPeriodEndDt02014-12-31
ReturnHeader/TaxYr02014

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2014 • Form 990EZDetailed filing. Detailed filing data is available for this year.

Open filing
Assets
$73,621
Liabilities
$3,954
Net assets
$69,667
Revenue
$108,021
Expenses
$128,029
Net income
-$20,008
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2015Detailed filing. Detailed filing data is available for this year.$0.00$0.00
2014Detailed filing. Detailed filing data is available for this year.$0.74$0.04$0.70$1.08$1.28$0.20
2013Summary only. Only limited summary data is available for this year.$0.92$0.02$1.16$0.93$0.23
2012Summary only. Only limited summary data is available for this year.$0.70$0.04$0.95$1.03$0.08
2011Summary only. Only limited summary data is available for this year.$0.78$0.03$1.08$1.05$0.03
Peer Organizations

Similar nonprofits based on the same Siviq industry and scale cohort. 2014 filings • 501(c)4 • <$500k nonprofits