Civic Intelligence

Westborough Place Homeowners

EIN 68-0534725 • 501(c)4 • Houston, TX

Profile

To provide sidewalk and walking trail maintenance, landscaping and street lights --- which benefits the entire community.

PO Box 690269Houston, TX 77269-0269

www.preferredmgt.com/WESTBOROUGHPLACE

Siviq Scores

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

Liabilities / Assets

83rd percentile

0.20x

Higher debt load relative to assets than 83% of similar nonprofits.

501(c)4 • <$500k nonprofits • Source year 2023

Liabilities / Revenue

89th percentile

0.39x

Higher debt load relative to revenue than 89% of similar nonprofits.

501(c)4 • <$500k nonprofits • Source year 2023

Net Margin

90th percentile

43%

Higher net margin than 90% of similar nonprofits.

501(c)4 • <$500k nonprofits • Source year 2023

Top Officer Pay

89th percentile

$0

Higher top officer pay than 89% of similar nonprofits.

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

501(c)4 • <$500k nonprofits • Source year 2023

Asset Growth

90th percentile

43%

Faster asset growth than 90% of similar nonprofits.

501(c)4 • <$500k nonprofits • Annualized from 2022 to 2023

Revenue Growth

66th percentile

8.4%

Faster revenue growth than 66% of similar nonprofits.

501(c)4 • <$500k nonprofits • Annualized from 2022 to 2023

Assets

Up

$81,955

Up $24,636 (+43%) from 2022

Liabilities

Up

$16,337

Up $7,171 (+78%) from 2022

Net Assets

Up

$65,618

Up $17,465 (+36%) from 2022

Revenue

Up

$41,747

Up $3,228 (+8.4%) from 2022

Expenses

Down

$23,939

Down $10,780 (-31%) from 2022

Net Income

Up

$17,808

Up $14,008 (+369%) from 2022

Trend Graphs

Balance Sheet Trend

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

$100K$50K$0Assets 2010: $19,859Liabilities 2010: $8,784Net Assets 2010: $11,0752010Assets 2011: $21,076Liabilities 2011: $9,366Net Assets 2011: $11,7102011Assets 2012: $25,883Liabilities 2012: $8,704Net Assets 2012: $17,1792012Assets 2013: $31,387Liabilities 2013: $8,260Net Assets 2013: $23,1272013Assets 2014: $36,444Liabilities 2014: $7,986Net Assets 2014: $28,4582014Assets 2015: $33,927Liabilities 2015: $8,692Net Assets 2015: $25,2352015Assets 2016: $40,200Liabilities 2016: $8,947Net Assets 2016: $31,2532016Assets 2017: $44,602Liabilities 2017: $7,649Net Assets 2017: $36,9532017Assets 2018: $45,935Liabilities 2018: $7,951Net Assets 2018: $37,9842018Assets 2019: $51,937Liabilities 2019: $8,020Net Assets 2019: $43,9172019Assets 2020: $57,081Liabilities 2020: $10,093Net Assets 2020: $46,9882020Assets 2021: $41,564Liabilities 2021: $8,712Net Assets 2021: $32,8522021Assets 2022: $57,319Liabilities 2022: $9,166Net Assets 2022: $48,1532022Assets 2023: $81,955Liabilities 2023: $16,337Net Assets 2023: $65,6182023

Highlighted filing

2023

Assets$81,955
Liabilities$16,337
Net Assets$65,618

Operations Trend

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

$60K$40K$20K$0-$20KRevenue 2010: $31,532Expenses 2010: $42,244Net Income 2010: -$10,7122010Revenue 2011: $26,663Expenses 2011: $30,528Net Income 2011: -$3,8652011Revenue 2012: $27,677Expenses 2012: $22,208Net Income 2012: $5,4692012Revenue 2013: $24,926Expenses 2013: $18,978Net Income 2013: $5,9482013Revenue 2014: $23,669Expenses 2014: $18,338Net Income 2014: $5,3312014Revenue 2015: $24,956Expenses 2015: $28,179Net Income 2015: -$3,2232015Revenue 2016: $23,324Expenses 2016: $17,345Net Income 2016: $5,9792016Revenue 2017: $23,780Expenses 2017: $20,627Net Income 2017: $3,1532017Revenue 2018: $25,518Expenses 2018: $26,758Net Income 2018: -$1,2402018Revenue 2019: $22,918Expenses 2019: $21,487Net Income 2019: $1,4312019Revenue 2020: $23,438Expenses 2020: $23,787Net Income 2020: -$3492020Revenue 2021: $28,502Expenses 2021: $32,187Net Income 2021: -$3,6852021Revenue 2022: $38,519Expenses 2022: $34,719Net Income 2022: $3,8002022Revenue 2023: $41,747Expenses 2023: $23,939Net Income 2023: $17,8082023

Highlighted filing

2023

Revenue$41,747
Expenses$23,939
Net Income$17,808

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2023Detailed filing. Detailed filing data is available for this year.$82.0$16.3$65.6$41.7$23.9$17.8
2022Detailed filing. Detailed filing data is available for this year.$57.3$9.17$48.2$38.5$34.7$3.80
2021Detailed filing. Detailed filing data is available for this year.$41.6$8.71$32.9$28.5$32.2$3.69
2020Detailed filing. Detailed filing data is available for this year.$57.1$10.1$47.0$23.4$23.8$0.35
2019Detailed filing. Detailed filing data is available for this year.$51.9$8.02$43.9$22.9$21.5$1.43
2018Detailed filing. Detailed filing data is available for this year.$45.9$7.95$38.0$25.5$26.8$1.24
2017Detailed filing. Detailed filing data is available for this year.$44.6$7.65$37.0$23.8$20.6$3.15
2016Detailed filing. Detailed filing data is available for this year.$40.2$8.95$31.3$23.3$17.3$5.98
2015Detailed filing. Detailed filing data is available for this year.$33.9$8.69$25.2$25.0$28.2$3.22
2014Detailed filing. Detailed filing data is available for this year.$36.4$7.99$28.5$23.7$18.3$5.33
2013Detailed filing. Detailed filing data is available for this year.$31.4$8.26$23.1$24.9$19.0$5.95
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$25.9$8.70$17.2$27.7$22.2$5.47
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$21.1$9.37$11.7$26.7$30.5$3.87
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$19.9$8.78$11.1$31.5$42.2$10.7
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2023 to Dec 31, 2023
Signed
Jan 30, 2025
Return Version
2023v6.0
Gross Receipts
$41,747
Mission and Program Overview

Mission

To provide sidewalk and walking trail maintenance, landscaping and street lights --- which benefits the entire community.

Program Services

DescriptionGrantsExpenses
PROVIDE SIDEWALK AND WALKING TRAIL MAINTENANCE, LANDSCAPING AND STREET LIGHTS --- WHICH BENEFITS THE ENTIRE COMMUNITY.$0$23,939
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
BONNIE KHANPresident-$0--
BILLY JOHNSONSecretary/Treasurer-$0--
JIM GUTIERREZVice President-$0--
Filing and Contact Details

Filer

Filer Name
Westborough Place Homeowners
EIN
68-0534725
Phone
2818978808
Address
PO BOX 690269, HOUSTON, TX 77269-0269

Signing Officer

Name
Bonnie Khan
Title
President
Phone
2818978808
Signed
2025-01-30
Discuss with paid preparer
Yes

Preparer

Firm
O'NEAL & HOLMES LLP
Address
600 Rockmead Dr Suite 110, Kingwood, TX 77339
Preparer
Tom Hiltabrand CPA
Phone
2818527473
Supplemental Narrative

Additional Explanations

Form 990-EZ, Part I, Line 8 - Other Revenue

Description: DEED RESTRICTION INCOME. Amount: 1,060. Description: INTEREST INCOME. Amount: 359. Description: ATTORNEY COLLECTION INCOME. Amount: 4,370. Description: LATE FEES. Amount: 1,480. Total to Form 990-EZ, line 8: 7,269.

Form 990-EZ, Part I, Line 16 - Other Expenses

Description: ADMINISTRATIVE EXPENSE. Amount: 3,808. Description: INSURANCE. Amount: 2,327. Total to Form 990-EZ, line 16: 6,135.

Form 990-EZ, Part I, Line 20 - Other Changes in Net Assets

Description: PRIOR PERIOD ADJUSTMENT. Amount: -343.

Form 990-EZ, Part II, Line 24 - Other Assets

Description: ACCOUNTS RECEIVABLE. Beg. of Year Amount: 6,714. End of Year Amount: 5,247. Description: PREPAID INSURANCE. Beg. of Year Amount: 574. End of Year Amount: 585. Description: INTERFUND RECEIVABLE. Beg. of Year Amount: 0. End of Year Amount: 4,834.

Form 990-EZ, Part II, Line 26 - Other Liabilities

Description: ACCOUNTS PAYABLE. Beg. of Year Amount: 1,893. End of Year Amount: 1,706. Description: DEFERRED INCOME. Beg. of Year Amount: 7,273. End of Year Amount: 9,797. Description: INTERFUND PAYABLES. Beg. of Year Amount: 0. End of Year Amount: 4,834.

Raw XML Appendix119 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/ActivitiesNotPreviouslyRptInd00
IRS990EZ/BooksInCareOfDetail/BusinessName/BusinessNameLine1Txt0PREFERRED MANAGEMENT SERVICES
IRS990EZ/BooksInCareOfDetail/PhoneNum02818978808
IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt0PO BOX 690269
IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0HOUSTON
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0TX
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd077269
IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt050031
IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt071289
IRS990EZ/ChgMadeToOrgnzngDocNotRptInd00
IRS990EZ/DirectIndirectPltclExpendAmt00
IRS990EZ/DonorAdvisedFndsInd00
IRS990EZ/EngagedInExcessBenefitTransInd00
IRS990EZ/ExcessOrDeficitForYearAmt017808
IRS990EZ/FeesAndOtherPymtToIndCntrctAmt013450
IRS990EZ/ForeignFinancialAccountInd00
IRS990EZ/ForeignOfficeInd00
IRS990EZ/Form990TotalAssetsGrp/BOYAmt057319
IRS990EZ/Form990TotalAssetsGrp/EOYAmt081955
IRS990EZ/GrossReceiptsAmt041747
IRS990EZ/InfoInScheduleOPartIIIInd0X
IRS990EZ/InfoInScheduleOPartIIInd0X
IRS990EZ/InfoInScheduleOPartIInd0X
IRS990EZ/InfoInScheduleOPartVInd0X
IRS990EZ/MadeLoansToFromOfficersInd00
IRS990EZ/MembershipDuesAmt034478
IRS990EZ/MethodOfAccountingCashInd0X
IRS990EZ/NetAssetsOrFundBalancesBOYAmt048153
IRS990EZ/NetAssetsOrFundBalancesEOYAmt065618
IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt048153
IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt065618
IRS990EZ/OccupancyRentUtltsAndMaintAmt03374
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt02.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt12.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt22.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt20
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0BONNIE KHAN
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm1BILLY JOHNSON
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm2JIM GUTIERREZ
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0PRESIDENT
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1SECRETARY/TREASURER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2VICE PRESIDENT
IRS990EZ/OperateHospitalInd00
IRS990EZ/Organization501cInd0X
IRS990EZ/OrganizationDissolvedEtcInd00
IRS990EZ/OrganizationHadUBIInd00
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IRS990EZ/OtherChangesInNetAssetsAmt0-343
IRS990EZ/OtherExpensesTotalAmt06135
IRS990EZ/OtherRevenueTotalAmt07269
IRS990EZ/PoliticalCampaignActyInd00
IRS990EZ/PrimaryExemptPurposeTxt0TO PROVIDE SIDEWALK AND WALKING TRAIL MAINTENANCE, LANDSCAPING AND STREET LIGHTS --- WHICH BENEFITS THE ENTIRE COMMUNITY.
IRS990EZ/PrintingPublicationsPostageAmt0980
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0PROVIDE SIDEWALK AND WALKING TRAIL MAINTENANCE, LANDSCAPING AND STREET LIGHTS --- WHICH BENEFITS THE ENTIRE COMMUNITY.
IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt00
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt023939
IRS990EZ/ProhibitedTaxShelterTransInd00
IRS990EZ/RelatedOrganizationCtrlEntInd00
IRS990EZ/ScheduleBNotRequiredInd0X
IRS990EZ/SubjectToProxyTaxInd00
IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt09166
IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt016337
IRS990EZ/TanningServicesProvidedInd00
IRS990EZ/TaxImposedOnOrganizationMgrAmt00
IRS990EZ/TaxReimbursedByOrganizationAmt00
IRS990EZ/TotalExpensesAmt023939
IRS990EZ/TotalProgramServiceExpensesAmt023939
IRS990EZ/TotalRevenueAmt041747
IRS990EZ/TypeOfOrganizationAssocInd0X
IRS990EZ/WebsiteAddressTxt0WWW.PREFERREDMGT.COM/WESTBOROUGHPLACE
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0Description: DEED RESTRICTION INCOME. Amount: 1,060. Description: INTEREST INCOME. Amount: 359. Description: ATTORNEY COLLECTION INCOME. Amount: 4,370. Description: LATE FEES. Amount: 1,480. Total to Form 990-EZ, line 8: 7,269.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1Description: ADMINISTRATIVE EXPENSE. Amount: 3,808. Description: INSURANCE. Amount: 2,327. Total to Form 990-EZ, line 16: 6,135.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2Description: PRIOR PERIOD ADJUSTMENT. Amount: -343.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3Description: ACCOUNTS RECEIVABLE. Beg. of Year Amount: 6,714. End of Year Amount: 5,247. Description: PREPAID INSURANCE. Beg. of Year Amount: 574. End of Year Amount: 585. Description: INTERFUND RECEIVABLE. Beg. of Year Amount: 0. End of Year Amount: 4,834.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4Description: ACCOUNTS PAYABLE. Beg. of Year Amount: 1,893. End of Year Amount: 1,706. Description: DEFERRED INCOME. Beg. of Year Amount: 7,273. End of Year Amount: 9,797. Description: INTERFUND PAYABLES. Beg. of Year Amount: 0. End of Year Amount: 4,834.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990-EZ, Part I, Line 8 - Other Revenue
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990-EZ, Part I, Line 16 - Other Expenses
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Form 990-EZ, Part I, Line 20 - Other Changes in Net Assets
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Form 990-EZ, Part II, Line 24 - Other Assets
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Form 990-EZ, Part II, Line 26 - Other Liabilities
TransferPrsnlBnftContractsDecl/DeclarationDesc0The 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/BuildTS02025-03-06 01:10:19Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0BONNIE KHAN
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT
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ReturnHeader/BusinessOfficerGrp/SignatureDt02025-01-30
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0WESTBOROUGH PLACE HOMEOWNERS
ReturnHeader/Filer/BusinessName/BusinessNameLine2Txt0ASSOCIATION INC
ReturnHeader/Filer/BusinessNameControlTxt0WEST
ReturnHeader/Filer/EIN0680534725
ReturnHeader/Filer/PhoneNum02818978808
ReturnHeader/Filer/USAddress/AddressLine1Txt0PO BOX 690269
ReturnHeader/Filer/USAddress/CityNm0HOUSTON
ReturnHeader/Filer/USAddress/StateAbbreviationCd0TX
ReturnHeader/Filer/USAddress/ZIPCd0772690269
ReturnHeader/IRSResponsiblePrtyInfoCurrInd00
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0O'NEAL & HOLMES LLP
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0600 Rockmead Dr Suite 110
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0Kingwood
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0TX
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd077339
ReturnHeader/PreparerPersonGrp/PhoneNum02818527473
ReturnHeader/PreparerPersonGrp/PreparationDt02025-01-30
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0TOM HILTABRAND CPA
ReturnHeader/ReturnTs02025-02-03T00:09:02-06:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02023-01-01
ReturnHeader/TaxPeriodEndDt02023-12-31
ReturnHeader/TaxYr02023

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