Civic Intelligence

Forest Cove Property Owners Assoc Inc

EIN 74-1598734 • 501(c)4 • Kingwood, TX

Profile

The entity is a community property owners association established to collect and administer funds in accordance with the deed restrictions for the subdivission, enforce deed restrictions, maintain and operate the common areas, and promote the interests of the owners for the benefit of the community.

PO Box 6862Kingwood, TX 77325

www.forestcove.org

Siviq Scores

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

Liabilities / Assets

48th percentile

0.03x

Higher debt load relative to assets than 48% of similar nonprofits.

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

Liabilities / Revenue

64th percentile

0.17x

Higher debt load relative to revenue than 64% of similar nonprofits.

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

Net Margin

71st percentile

25%

Higher net margin than 71% of similar nonprofits.

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

Top Officer Pay

63rd percentile

$0

Higher top officer pay than 63% of similar nonprofits.

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

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

Asset Growth

43rd percentile

2.4%

Faster asset growth than 43% of similar nonprofits.

501(c)4 • $1M-$5M nonprofits • Annualized from 2023 to 2024

Revenue Growth

66th percentile

21%

Faster revenue growth than 66% of similar nonprofits.

501(c)4 • $1M-$5M nonprofits • Annualized from 2023 to 2024

Balance Sheet
Liabilities / Assets48th percentile

Assets

Up

$1,058,954

Up $42,558 (+4.2%) from 2022

Liabilities

Down

$30,211

Down $20,434 (-40%) from 2022

Net Assets

Up

$1,028,743

Up $62,992 (+6.5%) from 2022

Operations
Liabilities / Revenue64th percentileNet Margin71st percentile

Revenue

Up

$179,315

Up $39,328 (+28%) from 2022

Expenses

Down

$134,835

Down $29,501 (-18%) from 2022

Net Income

Up

$44,480

Up $68,829 (+283%) from 2022

Trend Graphs

Balance Sheet Trend

Asset Growth43rd percentile

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

$1.5M$1.0M$500K$0Assets 2010: $547,664Liabilities 2010: $72,950Net Assets 2010: $474,7142010Assets 2011: $574,895Liabilities 2011: $68,429Net Assets 2011: $506,4662011Assets 2012: $586,341Liabilities 2012: $72,488Net Assets 2012: $513,8532012Assets 2013: $554,226Liabilities 2013: $56,964Net Assets 2013: $497,2622013Assets 2014: $529,901Liabilities 2014: $34,963Net Assets 2014: $494,9382014Assets 2015: $558,956Liabilities 2015: $54,600Net Assets 2015: $504,3562015Assets 2016: $601,932Liabilities 2016: $36,370Net Assets 2016: $565,5622016Assets 2017: $680,599Liabilities 2017: $49,557Net Assets 2017: $631,0422017Assets 2018: $1,082,107Liabilities 2018: $49,071Net Assets 2018: $1,033,0362018Assets 2019: $1,066,395Liabilities 2019: $35,012Net Assets 2019: $1,031,3832019Assets 2020: $1,095,290Liabilities 2020: $52,901Net Assets 2020: $1,042,3892020Assets 2021: $1,045,403Liabilities 2021: $55,303Net Assets 2021: $990,1002021Assets 2022: $1,016,396Liabilities 2022: $50,645Net Assets 2022: $965,7512022Assets 2024: $1,058,954Liabilities 2024: $30,211Net Assets 2024: $1,028,7432024

Highlighted filing

2024

Assets$1,058,954
Liabilities$30,211
Net Assets$1,028,743
Open 2024 Filing

Operations Trend

Revenue Growth66th percentile

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

$600K$400K$200K$0-$200KExpenses 2010: $107,5432010Revenue 2011: $137,345Expenses 2011: $105,593Net Income 2011: $31,7522011Expenses 2012: $119,6382012Revenue 2013: $127,107Expenses 2013: $143,698Net Income 2013: -$16,5912013Revenue 2014: $125,863Expenses 2014: $128,187Net Income 2014: -$2,3242014Revenue 2015: $126,355Expenses 2015: $116,937Net Income 2015: $9,4182015Revenue 2016: $177,351Expenses 2016: $116,145Net Income 2016: $61,2062016Revenue 2017: $226,890Expenses 2017: $161,410Net Income 2017: $65,4802017Revenue 2018: $493,969Expenses 2018: $91,975Net Income 2018: $401,9942018Revenue 2019: $143,217Expenses 2019: $144,870Net Income 2019: -$1,6532019Revenue 2020: $127,395Expenses 2020: $116,389Net Income 2020: $11,0062020Revenue 2021: $115,268Expenses 2021: $167,557Net Income 2021: -$52,2892021Revenue 2022: $139,987Expenses 2022: $164,336Net Income 2022: -$24,3492022Revenue 2024: $179,315Expenses 2024: $134,835Net Income 2024: $44,4802024

Highlighted filing

2024

Revenue$179,315
Expenses$134,835
Net Income$44,480
Open 2024 Filing

Filings

Most recent year

2024 • Form 990XML pending. An XML filing is linked for this year, but detailed extraction is still pending.

Open filing
Assets
$1,058,954
Liabilities
$30,211
Net assets
$1,028,743
Revenue
$179,315
Expenses
$134,835
Net income
$44,480
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.06$0.03$1.03$0.18$0.13$0.04
2022Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.02$0.05$0.97$0.14$0.16$0.02
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.05$0.06$0.99$0.12$0.17$0.05
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.10$0.05$1.04$0.13$0.12$0.01
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.07$0.04$1.03$0.14$0.14$0.00
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.08$0.05$1.03$0.49$0.09$0.40
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.68$0.05$0.63$0.23$0.16$0.07
2016Summary only. Only limited summary data is available for this year.$0.60$0.04$0.57$0.18$0.12$0.06
2015Detailed filing. Detailed filing data is available for this year.$0.56$0.05$0.50$0.13$0.12$0.01
2014Summary only. Only limited summary data is available for this year.$0.53$0.03$0.49$0.13$0.13$0.00
2013Detailed filing. Detailed filing data is available for this year.$0.55$0.06$0.50$0.13$0.14$0.02
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.59$0.07$0.51$0.12
2011Summary only. Only limited summary data is available for this year.$0.57$0.07$0.51$0.14$0.11$0.03
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.55$0.07$0.47$0.11
Latest Detailed Filing

The latest 2024 filing currently has linked XML that has not been fully parsed yet. Showing the latest detailed filing from 2022 below.

Jump To
Filing Snapshot
Filing Period
Jan 1, 2022 to Dec 31, 2022
Signed
Nov 2, 2023
Return Version
2022v5.0
Gross Receipts
$153,371
Mission and Program Overview

Mission

The entity is a community property owners association established to collect and administer funds in accordance with the deed restrictions for the subdivission, enforce deed restrictions, maintain and operate the common areas, and promote the interests of the owners for the benefit of the community.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cap Stk Tr Prin Current Funds$990,100$965,751▼ $24,349
Land, Buildings, and Equipment, Net$407,191$431,407▲ $24,216
Savings and Temporary Cash Investments$343,518$405,053▲ $61,535
Cash and Non-Interest-Bearing Accounts$293,582$179,513▼ $114,069
Prepaid Expenses and Deferred Charges$1,112$423▼ $689
Accounts Receivable-$0-
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$1,045,403$1,016,396▼ $29,007
Other Assets Total-$0-
Liabilities
Other Liabilities$55,303$50,645▼ $4,658
Total Liabilities$55,303$50,645▼ $4,658
Net Assets / Fund Balance
Total Net Assets Fund Balance$990,100$965,751▼ $24,349
Total Liabilities and Net Assets / Fund Balance$1,045,403$1,016,396▼ $29,007

Asset Categories

AssetBook ValueDepreciationBasis
Buildings-$44,280-
Land$269,859--
Equipment-$14,925-
Leasehold Improvements$161,548$89,270-
Compensation and Service Providers
Top Officer Pay63rd percentile

Board Members and Trustees

NameTitle
Joy SadlerPresident
Matt TielkemeijerVice President
Cameron WilliamsDirector
Matt TreadwellDirector
Randy KoshnickDirector
Steve AtchisonDirector
Stephanie ChapmanAsst Sec
Meredith CroweSecretary
Wade HopperTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$1,374
Program Service Revenue
$148,422
Investment Income
$1,666
Other Revenue
$-11,475
All Other Contributions
$1,374
Change in Net Assets
$-24,349
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$164,336
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
Insurance-$33,724-$33,724
Fees for Services Legal-$23,749-$23,749
Fees for Services Accounting$9,120$2,280-$11,400
All Other Expenses$4,608$1,883-$6,491
Other Expenses$2,798--$2,798
Office Expenses-$2,358-$2,358
Total Functional Expenses$100,342$63,994$0$164,336
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Direct Expenses$7,099
Fundraising Gross Income$1,909
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Subject to proxy tax
No
Insider Transactions and Loans

Loans and Receivables

Line ItemBeginningEndChange
Receivables from Disqualified Persons-$0-
Receivables from Officers, Directors, Trustees, and Key Employees-$0-
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Fees Collected in Advance$50,645
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
Yes
Audit committee
No
Backup withholding compliance
Yes
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
Yes
Management duties delegated
Yes

Governance Explanations

Form 990, Part VI, Section A, Line 3

“Price & price, cpa's handles mailing of annual assessments, writing of checks subject to treasurer's approval, bank deposits, bank account reconciliations, maintenance of homeowner receivables, preparation of budgets and financial statements, pool tag qualification, and assistance with member meetings as requested.”

Form 990, Part VI, Section A, Line 6

“All individuals who own property within forest cove are members of the forest cove property owners association.”

Form 990, Part VI, Section A, Line 7A

“All members of the governing body are elected by vote of the members of the forest cove property owners association.”

Form 990, Part VI, Section A, Line 7B

“Decisions of the governing body outside those specified within the bylaws are subject to the approval of the members.”

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

“The treasurer reviews an e-mailed copy of form 990 and approves its filing.”

Form 990, Part VI, Section C, Line 19

“Made available to all members every year at the annual meeting. Available to the general public upon request.”

Filing and Contact Details

Filer

Filer Name
Forest Cove Property Owners Assoc Inc
EIN
74-1598734
Phone
2813583022
Address
PO BOX 6862, KINGWOOD, TX 77325

Signing Officer

Name
Joy Sadler
Title
President
Signed
2023-11-02
Discuss with paid preparer
Yes

Organization Details

Formed
1962
Legal Domicile
TX
Voting Board Members
9
Independent Board Members
10
Employees
0

Preparer

Firm
Price & Price Cpas
Address
1220 Stonehollow Dr, KINGWOOD, TX 77339
Preparer
Peggy S Price CPA
Phone
2813583022
Raw XML AppendixShowing 400 of 409 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
IRS990/AccountantCompileOrReviewInd0true
IRS990/AccountsReceivableGrp/EOYAmt00
IRS990/AcctCompileOrReviewBasisGrp/SeparateBasisFinclStmtInd0X
IRS990/ActivitiesConductedPrtshpInd0false
IRS990/ActivityOrMissionDesc0THE ENTITY IS A COMMUNITY PROPERTY OWNERS ASSOCIATION ESTABLISHED TO COLLECT AND ADMINISTER FUNDS IN ACCORDANCE WITH THE DEED RESTRICTIONS FOR THE SUBDIVISSION, ENFORCE DEED RESTRICTIONS, MAINTAIN AND OPERATE THE COMMON AREAS, AND PROMOTE THE INTERESTS OF THE OWNERS FOR THE BENEFIT OF THE COMMUNITY.
IRS990/AdvertisingGrp/TotalAmt00
IRS990/AllOtherContributionsAmt01374
IRS990/AllOtherExpensesGrp/ManagementAndGeneralAmt01883
IRS990/AllOtherExpensesGrp/ProgramServicesAmt04608
IRS990/AllOtherExpensesGrp/TotalAmt06491
IRS990/AuditCommitteeInd0false
IRS990/BackupWthldComplianceInd0true
IRS990/BenefitsToMembersGrp/TotalAmt00
IRS990/BooksInCareOfDetail/PersonNm0PRICE PRICE CPA'S
IRS990/BooksInCareOfDetail/PhoneNum02813583022
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt01220 STONEHOLLOW DRIVE
IRS990/BooksInCareOfDetail/USAddress/CityNm0KINGWOOD
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0TX
IRS990/BooksInCareOfDetail/USAddress/ZIPCd077339
IRS990/BusinessRlnWith35CtrlEntInd0false
IRS990/BusinessRlnWithFamMemInd0false
IRS990/BusinessRlnWithOrgMemInd0false
IRS990/CapStkTrPrinCurrentFundsGrp/BOYAmt0990100
IRS990/CapStkTrPrinCurrentFundsGrp/EOYAmt0965751
IRS990/CashNonInterestBearingGrp/BOYAmt0293582
IRS990/CashNonInterestBearingGrp/EOYAmt0179513
IRS990/ChangeToOrgDocumentsInd0false
IRS990/CntrctRcvdGreaterThan100KCnt00
IRS990/CollectionsOfArtInd0false
IRS990/CompCurrentOfcrDirectorsGrp/TotalAmt00
IRS990/CompDisqualPersonsGrp/TotalAmt00
IRS990/CompensationFromOtherSrcsInd0false
IRS990/CompensationProcessCEOInd0false
IRS990/CompensationProcessOtherInd0false
IRS990/ConferencesMeetingsGrp/TotalAmt00
IRS990/ConflictOfInterestPolicyInd0false
IRS990/ConservationEasementsInd0false
IRS990/ConsolidatedAuditFinclStmtInd0false
IRS990/CreditCounselingInd0false
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt01374
IRS990/CYGrantsAndSimilarPaidAmt00
IRS990/CYInvestmentIncomeAmt01666
IRS990/CYOtherExpensesAmt0164336
IRS990/CYOtherRevenueAmt0-11475
IRS990/CYProgramServiceRevenueAmt0148422
IRS990/CYRevenuesLessExpensesAmt0-24349
IRS990/CYSalariesCompEmpBnftPaidAmt00
IRS990/CYTotalExpensesAmt0164336
IRS990/CYTotalFundraisingExpenseAmt00
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt0139987
IRS990/DecisionsSubjectToApprovaInd0true
IRS990/DeductibleArtContributionInd0false
IRS990/DeductibleNonCashContriInd0false
IRS990/DelegationOfMgmtDutiesInd0true
IRS990/DepreciationDepletionGrp/TotalAmt00
IRS990/Desc0OPERATION AND MAINTENANCE OF COMMUNITY CENTER, SWIMMING POOL AND RECREATIONAL AREAS SUCH AS BASEBALL FIELDS AND MARINA. ALSO PROVIDED ASSISTANCE ENSURING THE DEED RESTRICTIONS OF THE SUBDIVISION WERE ENFORCED.
IRS990/DescribedInSection501c3Ind0false
IRS990/DisregardedEntityInd0false
IRS990/DocumentRetentionPolicyInd0false
IRS990/DonorAdvisedFundInd0false
IRS990/DonorRstrOrQuasiEndowmentsInd0false
IRS990/ElectionOfBoardMembersInd0true
IRS990/EmployeeCnt00
IRS990/EngagedInExcessBenefitTransInd0false
IRS990/ExpenseAmt093764
IRS990/FamilyOrBusinessRlnInd0false
IRS990/FederalGrantAuditRequiredInd0false
IRS990/FeesForServicesAccountingGrp/ManagementAndGeneralAmt02280
IRS990/FeesForServicesAccountingGrp/ProgramServicesAmt09120
IRS990/FeesForServicesAccountingGrp/TotalAmt011400
IRS990/FeesForServicesLegalGrp/ManagementAndGeneralAmt023749
IRS990/FeesForServicesLegalGrp/TotalAmt023749
IRS990/FeesForServicesLobbyingGrp/TotalAmt00
IRS990/FeesForServicesManagementGrp/TotalAmt00
IRS990/FeesForServicesOtherGrp/TotalAmt00
IRS990/FeesForServicesProfFundraising/TotalAmt00
IRS990/FeesForSrvcInvstMgmntFeesGrp/TotalAmt00
IRS990/ForeignActivitiesInd0false
IRS990/ForeignFinancialAccountInd0false
IRS990/ForeignGrantsGrp/TotalAmt00
IRS990/ForeignOfficeInd0false
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt00.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt10.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt20.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt30.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt40.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt50.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt60.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt70.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt80.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt04.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt14.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt28.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt34.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt46.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt52.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt64.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt74.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt84.00
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd0X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd1X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd2X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd3X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd4X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd5X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd6X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd7X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd8X
IRS990/Form990PartVIISectionAGrp/OfficerInd0X
IRS990/Form990PartVIISectionAGrp/OfficerInd1X
IRS990/Form990PartVIISectionAGrp/OfficerInd2X
IRS990/Form990PartVIISectionAGrp/OfficerInd3X
IRS990/Form990PartVIISectionAGrp/OfficerInd4X
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt00
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt10
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt20
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt30
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IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt60
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt70
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt80
IRS990/Form990PartVIISectionAGrp/PersonNm0RANDY KOSHNICK
IRS990/Form990PartVIISectionAGrp/PersonNm1STEVE ATCHISON
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IRS990/Form990PartVIISectionAGrp/PersonNm3CAMERON WILLIAMS
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IRS990/Form990PartVIISectionAGrp/PersonNm5WADE HOPPER
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IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt30
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IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt50
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IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt80
IRS990/Form990PartVIISectionAGrp/TitleTxt0Director
IRS990/Form990PartVIISectionAGrp/TitleTxt1Director
IRS990/Form990PartVIISectionAGrp/TitleTxt2President
IRS990/Form990PartVIISectionAGrp/TitleTxt3Director
IRS990/Form990PartVIISectionAGrp/TitleTxt4ASST SEC
IRS990/Form990PartVIISectionAGrp/TitleTxt5Treasurer
IRS990/Form990PartVIISectionAGrp/TitleTxt6Secretary
IRS990/Form990PartVIISectionAGrp/TitleTxt7Vice President
IRS990/Form990PartVIISectionAGrp/TitleTxt8Director
IRS990/Form990ProvidedToGvrnBodyInd0true
IRS990/FormationYr01962
IRS990/FormerOfcrEmployeesListedInd0false
IRS990/FSAuditedInd0false
IRS990/FundraisingActivitiesInd0false
IRS990/FundraisingDirectExpensesAmt07099
IRS990/FundraisingGrossIncomeAmt01909
IRS990/GamingActivitiesInd0false
IRS990/GoverningBodyVotingMembersCnt09
IRS990/GrantsToDomesticIndividualsGrp/TotalAmt00
IRS990/GrantsToDomesticOrgsGrp/TotalAmt00
IRS990/GrantsToIndividualsInd0false
IRS990/GrantsToOrganizationsInd0false
IRS990/GrantToRelatedPersonInd0false
IRS990/GrossReceiptsAmt0153371
IRS990/GroupReturnForAffiliatesInd0false
IRS990/IncludeFIN48FootnoteInd0false
IRS990/IncmFromInvestBondProceedsGrp/TotalRevenueColumnAmt00
IRS990/IndependentAuditFinclStmtInd0false
IRS990/IndependentVotingMemberCnt010
IRS990/IndivRcvdGreaterThan100KCnt00
IRS990/IndoorTanningServicesInd0false
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InformationTechnologyGrp/TotalAmt00
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IRS990/InsuranceGrp/TotalAmt033724
IRS990/IntangibleAssetsGrp/EOYAmt00
IRS990/InterestGrp/TotalAmt00
IRS990/InventoriesForSaleOrUseGrp/EOYAmt00
IRS990/InvestmentIncomeGrp/ExclusionAmt01666
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt01666
IRS990/InvestmentInJointVentureInd0false
IRS990/InvestmentsOtherSecuritiesGrp/EOYAmt00
IRS990/InvestmentsProgramRelatedGrp/EOYAmt00
IRS990/InvestmentsPubTradedSecGrp/EOYAmt00
IRS990/IRPDocumentCnt010
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt0148475
IRS990/LandBldgEquipBasisNetGrp/BOYAmt0407191
IRS990/LandBldgEquipBasisNetGrp/EOYAmt0431407
IRS990/LandBldgEquipCostOrOtherBssAmt0579882
IRS990/LegalDomicileStateCd0TX
IRS990/LessRentalExpensesGrp/RealAmt06285
IRS990/LoanOutstandingInd0false
IRS990/LocalChaptersInd0false
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IRS990/MembersOrStockholdersInd0true
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IRS990/MinutesOfCommitteesInd0true
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IRS990/MissionDesc0THE ENTITY IS A COMMUNITY PROPERTY OWNERS ASSOCIATION ESTABLISHED TO COLLECT AND ADMINISTER FUNDS IN ACCORDANCE WITH THE DEED RESTRICTIONS FOR THE SUBDIVISSION, ENFORCE DEED RESTRICTIONS, MAINTAIN AND OPERATE THE COMMON AREAS, AND PROMOTE THE INTERESTS OF THE OWNERS FOR THE BENEFIT OF THE COMMUNITY.
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IRS990/MoreThan5000KToOrgInd0false
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IRS990/NetIncomeFromGamingGrp/TotalRevenueColumnAmt00
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IRS990/NetRentalIncomeOrLossGrp/ExclusionAmt0-6285
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IRS990/NoListedPersonsCompensatedInd0X
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IRS990/OfficerMailingAddressInd0false
IRS990/OperateHospitalInd0false
IRS990/Organization501cInd0X
IRS990/OrgDoesNotFollowFASB117Ind0X
IRS990/OtherAssetsTotalGrp/EOYAmt00
IRS990/OtherEmployeeBenefitsGrp/TotalAmt00
IRS990/OtherExpensesGrp/Desc0POOL EXPENSES
IRS990/OtherExpensesGrp/Desc1GROUNDS MAINTENANCE
IRS990/OtherExpensesGrp/Desc2MOSQUITO CONTROL
IRS990/OtherExpensesGrp/Desc3MAINTENANCE & REPAIRS
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IRS990/OtherExpensesGrp/ProgramServicesAmt112183
IRS990/OtherExpensesGrp/ProgramServicesAmt24317
IRS990/OtherExpensesGrp/ProgramServicesAmt32798
IRS990/OtherExpensesGrp/TotalAmt067316
IRS990/OtherExpensesGrp/TotalAmt112183
IRS990/OtherExpensesGrp/TotalAmt24317
IRS990/OtherExpensesGrp/TotalAmt32798
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IRS990/PayrollTaxesGrp/TotalAmt00
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IRS990/PoliticalCampaignActyInd0false
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IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt0423
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgramServiceRevenueGrp/Desc0Membership Dues & Assessments
IRS990/ProgramServiceRevenueGrp/Desc1PLAN PERMIT REVENUE
IRS990/ProgramServiceRevenueGrp/Desc2POOL REVENUE
IRS990/ProgramServiceRevenueGrp/Desc3TRANSFER FEES
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IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt1750
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IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt1750
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt2225
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt37100
IRS990/ProgSrvcAccomActy2Grp/Desc0PROVIDED MOSQUITO FOGGING TO CONTROL MOSQUITOES AND RELATED DISEASES.
IRS990/ProgSrvcAccomActy2Grp/ExpenseAmt04317
IRS990/ProgSrvcAccomActy3Grp/Desc0PUBLISHED AND CIRCULATED MONTHLY NEWSLETTER TO RESIDENTS AND PROPERTY OWNERS TO INFORM THEM ABOUT COMMUNITY AFFAIRS SUCH AS DEED RESTRICTIONS, SECURITY, TRAFFIC AND STREET MAINTENANCE.
IRS990/ProgSrvcAccomActy3Grp/ExpenseAmt02261
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt0950
IRS990/PYExcessBenefitTransInd0false
IRS990/PYInvestmentIncomeAmt0305
IRS990/PymtTravelEntrtnmntPubOfclGrp/TotalAmt00
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IRS990/PYOtherRevenueAmt0-10572
IRS990/PYProgramServiceRevenueAmt0124585
IRS990/PYRevenuesLessExpensesAmt0-52289
IRS990/PYTotalExpensesAmt0167557
IRS990/PYTotalRevenueAmt0115268
IRS990/RcvblFromDisqualifiedPrsnGrp/EOYAmt00
IRS990/ReceivablesFromOfficersEtcGrp/EOYAmt00
IRS990/ReconcilationRevenueExpnssAmt0-24349
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/RentalIncomeOrLossGrp/RealAmt0-6285
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0true
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RoyaltiesGrp/TotalAmt00
IRS990/RoyaltiesRevenueGrp/TotalRevenueColumnAmt00
IRS990/SavingsAndTempCashInvstGrp/BOYAmt0343518
IRS990/SavingsAndTempCashInvstGrp/EOYAmt0405053
IRS990/ScheduleBRequiredInd0false
IRS990ScheduleD/BuildingsGrp/DepreciationAmt044280
IRS990ScheduleD/BuildingsGrp/InvestmentCostOrOtherBasisAmt044280
IRS990ScheduleD/EquipmentGrp/DepreciationAmt014925
IRS990ScheduleD/EquipmentGrp/InvestmentCostOrOtherBasisAmt014925
IRS990ScheduleD/LandGrp/BookValueAmt0269859
IRS990ScheduleD/LandGrp/InvestmentCostOrOtherBasisAmt0269859
IRS990ScheduleD/LeaseholdImprovementsGrp/BookValueAmt0161548
IRS990ScheduleD/LeaseholdImprovementsGrp/DepreciationAmt089270
IRS990ScheduleD/LeaseholdImprovementsGrp/InvestmentCostOrOtherBasisAmt0250818
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt050645
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0FEES COLLECTED IN ADVANCE
IRS990ScheduleD/TotalBookValueLandBuildingsAmt0431407
IRS990ScheduleD/TotalLiabilityAmt050645
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0PRICE & PRICE, CPA'S HANDLES MAILING OF ANNUAL ASSESSMENTS, WRITING OF CHECKS SUBJECT TO TREASURER'S APPROVAL, BANK DEPOSITS, BANK ACCOUNT RECONCILIATIONS, MAINTENANCE OF HOMEOWNER RECEIVABLES, PREPARATION OF BUDGETS AND FINANCIAL STATEMENTS, POOL TAG QUALIFICATION, AND ASSISTANCE WITH MEMBER MEETINGS AS REQUESTED.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1ALL INDIVIDUALS WHO OWN PROPERTY WITHIN FOREST COVE ARE MEMBERS OF THE FOREST COVE PROPERTY OWNERS ASSOCIATION.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2ALL MEMBERS OF THE GOVERNING BODY ARE ELECTED BY VOTE OF THE MEMBERS OF THE FOREST COVE PROPERTY OWNERS ASSOCIATION.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3DECISIONS OF THE GOVERNING BODY OUTSIDE THOSE SPECIFIED WITHIN THE BYLAWS ARE SUBJECT TO THE APPROVAL OF THE MEMBERS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4THE TREASURER REVIEWS AN E-MAILED COPY OF FORM 990 AND APPROVES ITS FILING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5MADE AVAILABLE TO ALL MEMBERS EVERY YEAR AT THE ANNUAL MEETING. AVAILABLE TO THE GENERAL PUBLIC UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990, Part VI, Section A, Line 3
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990, Part VI, Section A, Line 6
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Form 990, Part VI, Section A, Line 7a
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Form 990, Part VI, Section A, Line 7b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Form 990, Part VI, Section B, Line 11b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5Form 990, Part VI, Section C, Line 19
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IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/SubjectToExcsTaxNetInvstIncInd0false
IRS990/SubjectToProxyTaxInd0false
IRS990/SubjToTaxRmnrtnExPrchtPymtInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt01045403
IRS990/TotalAssetsEOYAmt01016396
IRS990/TotalAssetsGrp/BOYAmt01045403
IRS990/TotalAssetsGrp/EOYAmt01016396
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalContributionsAmt01374
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IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt063994
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0100342
IRS990/TotalFunctionalExpensesGrp/TotalAmt0164336
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt055303
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IRS990/TotalProgramServiceExpensesAmt0100342
IRS990/TotalProgramServiceRevenueAmt0148422
IRS990/TotalRevenueGrp/ExclusionAmt0-4619
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt0148422
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0139987
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt01045403
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt01016396
IRS990/TravelGrp/TotalAmt00
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt0PO BOX 6862
IRS990/USAddress/CityNm0KINGWOOD
IRS990/USAddress/StateAbbreviationCd0TX
IRS990/USAddress/ZIPCd077325
IRS990/VotingMembersGoverningBodyCnt09
IRS990/VotingMembersIndependentCnt010
IRS990/WebsiteAddressTxt0www.forestcove.org
IRS990/WhistleblowerPolicyInd0false
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/AuthenticationAssuranceLevelCd0AAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/FederatedAssuranceLevelCd0FAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/IdentityAssuranceLevelCd0IAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/TrustedCustomerCd02
ReturnHeader/BuildTS02023-04-26 12:10:37Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0JOY SADLER
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0President
ReturnHeader/BusinessOfficerGrp/SignatureDt02023-11-02
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0FOREST COVE PROPERTY OWNERS ASSOC INC
ReturnHeader/Filer/BusinessNameControlTxt0FORE
ReturnHeader/Filer/EIN0741598734
ReturnHeader/Filer/PhoneNum02813583022
ReturnHeader/Filer/USAddress/AddressLine1Txt0PO BOX 6862
ReturnHeader/Filer/USAddress/CityNm0KINGWOOD
ReturnHeader/Filer/USAddress/StateAbbreviationCd0TX
ReturnHeader/Filer/USAddress/ZIPCd077325
ReturnHeader/IRSResponsiblePrtyInfoCurrInd0true
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0760126461
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0PRICE & PRICE CPAS
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt01220 Stonehollow Dr
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0KINGWOOD
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0TX
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd077339

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