Civic Intelligence

Walnut Bend Home Association Inc

990 • Fiscal year 2015 • EIN 74-1390326

Jan 01, 2015 to Dec 31, 2015 • Filed on Oct 28, 2016

10601 Briar Forest DrHouston, TX 77042

(713) 781-2885

Siviq Scores

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

Liabilities / Assets

65th percentile

0.20x

Higher debt load relative to assets than 65% of similar nonprofits.

2015 filings • 501(c)4 • $1M-$5M nonprofits • Source year 2015

Liabilities / Revenue

66th percentile

0.39x

Higher debt load relative to revenue than 66% of similar nonprofits.

2015 filings • 501(c)4 • $1M-$5M nonprofits • Source year 2015

Net Margin

60th percentile

12%

Higher net margin than 60% of similar nonprofits.

2015 filings • 501(c)4 • $1M-$5M nonprofits • Source year 2015

Top Officer Pay

57th percentile

$0

Higher top officer pay than 57% of similar nonprofits.

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

2015 filings • 501(c)4 • $1M-$5M nonprofits • Source year 2015

Asset Growth

71st percentile

7.0%

Faster asset growth than 71% of similar nonprofits.

2015 filings • 501(c)4 • $1M-$5M nonprofits • Annualized from 2014 to 2015

Revenue Growth

52nd percentile

2.5%

Faster revenue growth than 52% of similar nonprofits.

2015 filings • 501(c)4 • $1M-$5M nonprofits • Annualized from 2014 to 2015

Assets

Up

$1,417,158

Up $92,659 (+7.0%) from 2014

Net Assets

Up

$1,130,553

Up $90,300 (+8.7%) from 2014

Liabilities

Up

$286,605

Up $2,359 (+0.8%) from 2014

Revenue

Up

$734,867

Up $17,811 (+2.5%) from 2014

Expenses

Up

$644,567

Up $17,106 (+2.7%) from 2014

Net Income

Up

$90,300

Up $705 (+0.8%) from 2014

Historical Trend

Balance Sheet Trend

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

$2.0M$1.5M$1.0M$500K$0Assets 2010: $961,965Liabilities 2010: $249,043Net Assets 2010: $712,9222010Assets 2011: $1,077,447Liabilities 2011: $288,203Net Assets 2011: $789,2442011Assets 2012: $1,140,373Liabilities 2012: $288,600Net Assets 2012: $851,7732012Assets 2013: $1,224,135Liabilities 2013: $285,804Net Assets 2013: $938,3312013Assets 2014: $1,324,499Liabilities 2014: $284,246Net Assets 2014: $1,040,2532014Assets 2015: $1,417,158Liabilities 2015: $286,605Net Assets 2015: $1,130,5532015Assets 2016: $1,538,206Liabilities 2016: $305,351Net Assets 2016: $1,232,8552016Assets 2017: $1,660,993Liabilities 2017: $294,823Net Assets 2017: $1,366,1702017Assets 2018: $1,759,877Liabilities 2018: $313,036Net Assets 2018: $1,446,8412018Assets 2019: $1,758,891Liabilities 2019: $74,273Net Assets 2019: $1,684,6182019Assets 2020: $1,064,204Liabilities 2020: $57,954Net Assets 2020: $1,006,2502020Assets 2021: $1,276,174Liabilities 2021: $128,158Net Assets 2021: $1,148,0162021Assets 2022: $1,293,689Liabilities 2022: $133,342Net Assets 2022: $1,160,3472022Assets 2023: $1,504,256Liabilities 2023: $106,915Net Assets 2023: $1,397,3412023Assets 2024: $1,879,658Liabilities 2024: $297,373Net Assets 2024: $1,582,2852024

Highlighted filing

2015

Assets$1,417,158
Liabilities$286,605
Net Assets$1,130,553

Operations Trend

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

$1.5M$1.0M$500K$0Expenses 2010: $600,4532010Revenue 2011: $742,194Expenses 2011: $665,872Net Income 2011: $76,3222011Expenses 2012: $623,3602012Revenue 2013: $709,069Expenses 2013: $631,351Net Income 2013: $77,7182013Revenue 2014: $717,056Expenses 2014: $627,461Net Income 2014: $89,5952014Revenue 2015: $734,867Expenses 2015: $644,567Net Income 2015: $90,3002015Revenue 2016: $756,833Expenses 2016: $654,531Net Income 2016: $102,3022016Revenue 2017: $781,335Expenses 2017: $666,733Net Income 2017: $114,6022017Revenue 2018: $845,392Expenses 2018: $764,721Net Income 2018: $80,6712018Revenue 2019: $924,660Expenses 2019: $746,043Net Income 2019: $178,6172019Revenue 2020: $981,565Expenses 2020: $871,485Net Income 2020: $110,0802020Revenue 2021: $1,050,291Expenses 2021: $908,525Net Income 2021: $141,7662021Revenue 2022: $1,046,854Expenses 2022: $1,034,523Net Income 2022: $12,3312022Revenue 2023: $1,084,428Expenses 2023: $912,319Net Income 2023: $172,1092023Revenue 2024: $1,216,157Expenses 2024: $994,210Net Income 2024: $221,9472024

Highlighted filing

2015

Revenue$734,867
Expenses$644,567
Net Income$90,300
Jump To
Filing Snapshot
Filing Period
Jan 1, 2015 to Dec 31, 2015
Signed
Oct 28, 2016
Return Version
2015v2.1
Gross Receipts
$734,867
Mission and Program Overview

Mission

Association formed to provide security and maintenance of the common and recreational areas for the benefit of residents and visitors to the community area.

To provide law enforcement, maintain park and recreational areas and swimming pool --- benefits the entire community.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cap Stk Tr Prin Current Funds$1,040,253$1,130,553▲ $90,300
Land, Buildings, and Equipment, Net$544,266$746,077▲ $201,811
Cash and Non-Interest-Bearing Accounts$301,241$292,037▼ $9,204
Pd in Cap Srpls Land Bldg Eqp Fund$0$0→ $0
Rtn Earn Endowment Incm Other Fnds$0$0→ $0
Total Assets$1,324,499$1,417,158▲ $92,659
Other Assets Total$478,992$379,044▼ $99,948
Liabilities
Deferred Revenue$278,544$286,605▲ $8,061
Accounts Payable and Accrued Expenses$5,702$0▼ $5,702
Total Liabilities$284,246$286,605▲ $2,359
Net Assets / Fund Balance
Total Net Assets Fund Balance$1,040,253$1,130,553▲ $90,300
Total Liabilities and Net Assets / Fund Balance$1,324,499$1,417,158▲ $92,659

Asset Categories

AssetBook ValueDepreciationBasis
Other Land Buildings$650,991$832,407$1,483,398
Land$95,086-$95,086
Other Assets Org$148,414--
Compensation and Service Providers

Board Members and Trustees

NameTitle
Will FreytagPresident
Jonathon WorbingtonVice President
Bobette GonzalezDirector
Jim PorterDirector
Michelle SchneiderDirector
Sabrina NedwedDirector
Will CarrollDirector
Barbara MillerSecretary
Paul FaucherTreasurer

Highest Paid Contractors

ContractorServicesLocationCompensation
Pool WorksPool Repairs9505 W TIDWELL RD, Houston, TX 77041$186,846
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$734,789
Investment Income
$78
Other Revenue
$0
Change in Net Assets
$90,300

Audited Revenue Reconciliation

Revenue per Audited Statements
$734,867
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$0
Total Revenue per Audited Statements
$734,867
Total Revenue per Form 990
$734,867
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$644,567
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
All Other Expenses$85,781$12,838-$98,619
Fees for Services Management-$56,244-$56,244
Depreciation Depletion$42,457--$42,457
Other Expenses$41,157--$41,157
Insurance$30,501--$30,501
Fees for Services Accounting-$6,623-$6,623
Fees for Services Legal-$104-$104
Total Functional Expenses$568,758$75,809$0$644,567

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$644,567
Total Expenses per Audited Statements$644,567
Total Expenses per Form 990$644,567
Expenses Not Reported on Financial Statements$0
Expenses Not Reported on Form 990$0
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
Governance and Compliance

Governance Checklist

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

Governance Explanations

Form 990, Part VI, Section A, Line 6

The association is a non profit organization that is governed by an uncompensated volunteer board of directors that are voted into office by the membership.

Form 990, Part VI, Section B, Line 11

Reviewed at monthly board of directors meeting.

Form 990, Part VI, Section B, Line 12C

The board of directors continuosly monitors any potential conflicts of interest.

Form 990, Part VI, Section C, Line 19

The association's governing documents are available on request for inspection.

Filing and Contact Details

Filer

Filer Name
Walnut Bend Home Association Inc
EIN
74-1390326
Phone
7137812885
Address
10601 BRIAR FOREST DR, HOUSTON, TX 77042

Signing Officer

Name
Paul Faucher
Title
Treasurer
Phone
7137812885
Signed
2016-10-28

Organization Details

Principal Officer
Paul Faucher
Formed
1960
Legal Domicile
TX
Voting Board Members
9
Independent Board Members
9
Employees
1
Volunteers
12

Preparer

Firm
O'NEAL & HOLMES LLP
Address
7702 FM 1960 EAST SUITE 125, HUMBLE, TX 77346
Preparer
James M Holmes CPA
Phone
2818527473
Supplemental Narrative

Additional Explanations

Form 990, Part IX, Line 24E

Grounds maintenance: program service expenses 26,039. Management and general expenses 0. Fundraising expenses 0. Total expenses 26,039. General repairs and maintenance: program service expenses 25,132. Management and general expenses 0. Fundraising expenses 0. Total expenses 25,132. Utilities: program service expenses 21,569. Management and general expenses 0. Fundraising expenses 0. Total expenses 21,569. Administrative expenses: program service expenses 0. Management and general expenses 12,838. Fundraising expenses 0. Total expenses 12,838. Newsletter expense: program service expenses 6,689. Management and general expenses 0. Fundraising expenses 0. Total expenses 6,689. Computer/technology expense: program service expenses 6,339. Management and general expenses 0. Fundraising expenses 0. Total expenses 6,339. Property taxes: program service expenses 13. Management and general expenses 0. Fundraising expenses 0. Total expenses 13.

Raw XML Appendix370 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/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd01
IRS990/ReportOtherLiabilitiesInd00
IRS990/ReportProgramRelatedInvstInd00
IRS990/RtnEarnEndowmentIncmOthFndsGrp/BOYAmt00
IRS990/RtnEarnEndowmentIncmOthFndsGrp/EOYAmt00
IRS990/ScheduleBRequiredInd00
IRS990ScheduleC/AgreeCarryoverPriorYearInd00
IRS990ScheduleC/OnlyInHouseLobbyingInd01
IRS990ScheduleC/SubstantiallyAllDuesNondedInd01
IRS990ScheduleD/ExpensesNotReportedAmt00
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt00
IRS990ScheduleD/ExpensesSubtotalAmt0644567
IRS990ScheduleD/LandGrp/BookValueAmt095086
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt095086
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt0226579
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt14051
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt2148414
IRS990ScheduleD/OtherAssetsOrgGrp/Desc0ASSESSMENTS RECEIVABLE
IRS990ScheduleD/OtherAssetsOrgGrp/Desc1PREPAID EXPENSES
IRS990ScheduleD/OtherAssetsOrgGrp/Desc2CERTIFICATE OF DEPOSIT
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt0650991
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt0832407
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt01483398
IRS990ScheduleD/RevenueNotReportedAmt00
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt00
IRS990ScheduleD/RevenueSubtotalAmt0734867
IRS990ScheduleD/TotalBookValueLandBuildingsAmt0746077
IRS990ScheduleD/TotalBookValueOtherAssetsAmt0379044
IRS990ScheduleD/TotalExpensesPerForm990Amt0644567
IRS990ScheduleD/TotalRevenuePerForm990Amt0734867
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt0734867
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt0644567
IRS990/ScheduleJRequiredInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE ASSOCIATION IS A NON PROFIT ORGANIZATION THAT IS GOVERNED BY AN UNCOMPENSATED VOLUNTEER BOARD OF DIRECTORS THAT ARE VOTED INTO OFFICE BY THE MEMBERSHIP.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1REVIEWED AT MONTHLY BOARD OF DIRECTORS MEETING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE BOARD OF DIRECTORS CONTINUOSLY MONITORS ANY POTENTIAL CONFLICTS OF INTEREST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THE ASSOCIATION'S GOVERNING DOCUMENTS ARE AVAILABLE ON REQUEST FOR INSPECTION.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4GROUNDS MAINTENANCE: PROGRAM SERVICE EXPENSES 26,039. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 26,039. GENERAL REPAIRS AND MAINTENANCE: PROGRAM SERVICE EXPENSES 25,132. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 25,132. UTILITIES: PROGRAM SERVICE EXPENSES 21,569. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 21,569. ADMINISTRATIVE EXPENSES: PROGRAM SERVICE EXPENSES 0. MANAGEMENT AND GENERAL EXPENSES 12,838. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 12,838. NEWSLETTER EXPENSE: PROGRAM SERVICE EXPENSES 6,689. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 6,689. COMPUTER/TECHNOLOGY EXPENSE: PROGRAM SERVICE EXPENSES 6,339. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 6,339. PROPERTY TAXES: PROGRAM SERVICE EXPENSES 13. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 13.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION A, LINE 6
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION B, LINE 11
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION B, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART VI, SECTION C, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PART IX, LINE 24E
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/SubjectToProxyTaxInd01
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TempOrPermanentEndowmentsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt01324499
IRS990/TotalAssetsEOYAmt01417158
IRS990/TotalAssetsGrp/BOYAmt01324499
IRS990/TotalAssetsGrp/EOYAmt01417158
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalEmployeeCnt01
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt075809
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0568758
IRS990/TotalFunctionalExpensesGrp/TotalAmt0644567
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt0284246
IRS990/TotalLiabilitiesEOYAmt0286605
IRS990/TotalLiabilitiesGrp/BOYAmt0284246
IRS990/TotalLiabilitiesGrp/EOYAmt0286605
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt01040253
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt01130553
IRS990/TotalOtherCompensationAmt00
IRS990/TotalProgramServiceExpensesAmt0568758
IRS990/TotalProgramServiceRevenueAmt0734789
IRS990/TotalReportableCompFromOrgAmt00
IRS990/TotalRevenueGrp/ExclusionAmt00
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt0734867
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0734867
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt012
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt01324499
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt01417158
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TypeOfOrganizationOtherInd0X
IRS990/UnrelatedBusIncmOverLimitInd00
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt010601 BRIAR FOREST DR
IRS990/USAddress/CityNm0HOUSTON
IRS990/USAddress/StateAbbreviationCd0TX
IRS990/USAddress/ZIPCd077042
IRS990/VotingMembersGoverningBodyCnt09
IRS990/VotingMembersIndependentCnt09
IRS990/WebsiteAddressTxt0WWW.WALNUTBEND.ORG
IRS990/WhistleblowerPolicyInd01
ReturnHeader/BuildTS02017-02-10 21:41:12Z
ReturnHeader/BusinessOfficerGrp/PersonNm0PAUL FAUCHER
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0TREASURER
ReturnHeader/BusinessOfficerGrp/PhoneNum07137812885
ReturnHeader/BusinessOfficerGrp/SignatureDt02016-10-28
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0WALNUT BEND HOME ASSOCIATION INC
ReturnHeader/Filer/BusinessNameControlTxt0WALN
ReturnHeader/Filer/EIN0741390326
ReturnHeader/Filer/PhoneNum07137812885
ReturnHeader/Filer/USAddress/AddressLine1Txt010601 BRIAR FOREST DR
ReturnHeader/Filer/USAddress/CityNm0HOUSTON
ReturnHeader/Filer/USAddress/StateAbbreviationCd0TX
ReturnHeader/Filer/USAddress/ZIPCd077042
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0760131587
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0O'NEAL & HOLMES LLP
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt07702 FM 1960 EAST SUITE 125
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0HUMBLE
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0TX
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd077346
ReturnHeader/PreparerPersonGrp/PhoneNum02818527473
ReturnHeader/PreparerPersonGrp/PreparationDt02016-10-28
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0JAMES M HOLMES CPA
ReturnHeader/ReturnTs02016-11-03T10:45:15-05:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02015-01-01
ReturnHeader/TaxPeriodEndDt02015-12-31
ReturnHeader/TaxYr02015

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.88$0.30$1.58$1.22$0.99$0.22
2023Detailed filing. Detailed filing data is available for this year.$1.50$0.11$1.40$1.08$0.91$0.17
2022Detailed filing. Detailed filing data is available for this year.$1.29$0.13$1.16$1.05$1.03$0.01
2021Detailed filing. Detailed filing data is available for this year.$1.28$0.13$1.15$1.05$0.91$0.14
2020Detailed filing. Detailed filing data is available for this year.$1.06$0.06$1.01$0.98$0.87$0.11
2019Detailed filing. Detailed filing data is available for this year.$1.76$0.07$1.68$0.92$0.75$0.18
2018Detailed filing. Detailed filing data is available for this year.$1.76$0.31$1.45$0.85$0.76$0.08
2017Detailed filing. Detailed filing data is available for this year.$1.66$0.29$1.37$0.78$0.67$0.11
2016Detailed filing. Detailed filing data is available for this year.$1.54$0.31$1.23$0.76$0.65$0.10
2015Detailed filing. Detailed filing data is available for this year.$1.42$0.29$1.13$0.73$0.64$0.09
2014Detailed filing. Detailed filing data is available for this year.$1.32$0.28$1.04$0.72$0.63$0.09
2013Detailed filing. Detailed filing data is available for this year.$1.22$0.29$0.94$0.71$0.63$0.08
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.14$0.29$0.85$0.62
2011Summary only. Only limited summary data is available for this year.$1.08$0.29$0.79$0.74$0.67$0.08
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.96$0.25$0.71$0.60