Civic Intelligence

Greenwood Forest Fund Inc

EIN 74-1708558 • 501(c)4 • Houston, TX

Profile

Promoting the common good and general welfare of the general public and members of the community through the maintenance and management of the Association and the property and providing services to the community.

17171 Park Row 310Houston, TX 77084

www.crest-management.com/Communities

Siviq Scores

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

Liabilities / Assets

70th percentile

0.19x

Higher debt load relative to assets than 70% of similar nonprofits.

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

Liabilities / Revenue

69th percentile

0.26x

Higher debt load relative to revenue than 69% of similar nonprofits.

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

Net Margin

27th percentile

-2.4%

Higher net margin than 27% of similar nonprofits.

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

Top Officer Pay

Score unavailable

No value available

No filing with officer rows is available for this organization yet.

Asset Growth

64th percentile

8.6%

Faster asset growth than 64% of similar nonprofits.

501(c)4 • $1M-$5M nonprofits • Annualized from 2022 to 2024

Revenue Growth

62nd percentile

13%

Faster revenue growth than 62% of similar nonprofits.

501(c)4 • $1M-$5M nonprofits • Annualized from 2022 to 2024

Assets

Up

$1,604,229

Up $50,922 (+3.3%) from 2023

Liabilities

Up

$302,118

Up $59,402 (+24%) from 2023

Net Assets

Down

$1,302,111

Down $8,480 (-0.6%) from 2023

Revenue

Up

$1,154,488

Up $62,387 (+5.7%) from 2023

Expenses

Up

$1,182,364

Up $86,569 (+7.9%) from 2023

Net Income

Down

-$27,876

Down $24,182 (-655%) from 2023

Trend Graphs

Balance Sheet Trend

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

$2.0M$1.5M$1.0M$500K$0Assets 2011: $1,254,581Liabilities 2011: $425,867Net Assets 2011: $828,7142011Assets 2012: $1,216,917Liabilities 2012: $359,829Net Assets 2012: $857,0882012Assets 2013: $1,195,431Liabilities 2013: $317,813Net Assets 2013: $877,6182013Assets 2014: $1,203,498Liabilities 2014: $342,623Net Assets 2014: $860,8752014Assets 2015: $1,193,751Liabilities 2015: $280,094Net Assets 2015: $913,6572015Assets 2016: $1,267,525Liabilities 2016: $301,251Net Assets 2016: $966,2742016Assets 2017: $1,165,076Liabilities 2017: $272,762Net Assets 2017: $892,3142017Assets 2018: $1,123,473Liabilities 2018: $172,719Net Assets 2018: $950,7542018Assets 2019: $828,742Liabilities 2019: $161,303Net Assets 2019: $667,4392019Assets 2020: $1,344,805Liabilities 2020: $260,941Net Assets 2020: $1,083,8642020Assets 2021: $1,412,340Liabilities 2021: $465,828Net Assets 2021: $946,5122021Assets 2022: $1,359,970Liabilities 2022: $199,475Net Assets 2022: $1,160,4952022Assets 2023: $1,553,307Liabilities 2023: $242,716Net Assets 2023: $1,310,5912023Assets 2024: $1,604,229Liabilities 2024: $302,118Net Assets 2024: $1,302,1112024

Highlighted filing

2024

Assets$1,604,229
Liabilities$302,118
Net Assets$1,302,111

Operations Trend

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

$1.5M$1.0M$500K$0-$500KRevenue 2011: $911,491Expenses 2011: $821,776Net Income 2011: $89,7152011Expenses 2012: $838,7752012Revenue 2013: $884,791Expenses 2013: $864,260Net Income 2013: $20,5312013Revenue 2014: $890,948Expenses 2014: $907,691Net Income 2014: -$16,7432014Revenue 2015: $931,406Expenses 2015: $878,624Net Income 2015: $52,7822015Revenue 2016: $925,117Expenses 2016: $872,500Net Income 2016: $52,6172016Revenue 2017: $1,014,411Expenses 2017: $1,080,810Net Income 2017: -$66,3992017Revenue 2018: $980,864Expenses 2018: $922,424Net Income 2018: $58,4402018Revenue 2019: $990,690Expenses 2019: $924,559Net Income 2019: $66,1312019Revenue 2020: $1,008,836Expenses 2020: $884,126Net Income 2020: $124,7102020Revenue 2021: $1,023,038Expenses 2021: $992,998Net Income 2021: $30,0402021Revenue 2022: $900,019Expenses 2022: $990,265Net Income 2022: -$90,2462022Revenue 2023: $1,092,101Expenses 2023: $1,095,795Net Income 2023: -$3,6942023Revenue 2024: $1,154,488Expenses 2024: $1,182,364Net Income 2024: -$27,8762024

Highlighted filing

2024

Revenue$1,154,488
Expenses$1,182,364
Net Income-$27,876

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.60$0.30$1.30$1.15$1.18$0.03
2023Detailed filing. Detailed filing data is available for this year.$1.55$0.24$1.31$1.09$1.10$0.00
2022Detailed filing. Detailed filing data is available for this year.$1.36$0.20$1.16$0.90$0.99$0.09
2021Detailed filing. Detailed filing data is available for this year.$1.41$0.47$0.95$1.02$0.99$0.03
2020Detailed filing. Detailed filing data is available for this year.$1.34$0.26$1.08$1.01$0.88$0.12
2019Summary only. Only limited summary data is available for this year.$0.83$0.16$0.67$0.99$0.92$0.07
2018Detailed filing. Detailed filing data is available for this year.$1.12$0.17$0.95$0.98$0.92$0.06
2017Detailed filing. Detailed filing data is available for this year.$1.17$0.27$0.89$1.01$1.08$0.07
2016Detailed filing. Detailed filing data is available for this year.$1.27$0.30$0.97$0.93$0.87$0.05
2015Detailed filing. Detailed filing data is available for this year.$1.19$0.28$0.91$0.93$0.88$0.05
2014Detailed filing. Detailed filing data is available for this year.$1.20$0.34$0.86$0.89$0.91$0.02
2013Detailed filing. Detailed filing data is available for this year.$1.20$0.32$0.88$0.88$0.86$0.02
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.22$0.36$0.86$0.84
2011Summary only. Only limited summary data is available for this year.$1.25$0.43$0.83$0.91$0.82$0.09
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
Sep 25, 2025
Return Version
2024v5.2
Gross Receipts
$1,154,488
Mission and Program Overview

Mission

Non-profit homeowners association

Promoting the common good and general welfare of the general public and members of the community through the maintenance and management of the Association and the property and providing services to the community.

Balance Sheet Detail
LineBeginningEndChange
Assets
Rtn Earn Endowment Incm Other Fnds$1,310,591$1,302,111▼ $8,480
Savings and Temporary Cash Investments$694,900$469,531▼ $225,369
Cash and Non-Interest-Bearing Accounts$255,725$433,616▲ $177,891
Land, Buildings, and Equipment, Net$349,446$349,446→ $0
Accounts Receivable$241,143$339,500▲ $98,357
Prepaid Expenses and Deferred Charges$12,093$12,136▲ $43
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$1,553,307$1,604,229▲ $50,922
Other Assets Total-$0-
Liabilities
Deferred Revenue$203,265$275,951▲ $72,686
Accounts Payable and Accrued Expenses$39,190$26,167▼ $13,023
Other Liabilities$261--
Total Liabilities$242,716$302,118▲ $59,402
Net Assets / Fund Balance
Total Net Assets Fund Balance$1,310,591$1,302,111▼ $8,480
Total Liabilities and Net Assets / Fund Balance$1,553,307$1,604,229▲ $50,922

Asset Categories

AssetBook ValueDepreciationBasis
Leasehold Improvements$530,245-$530,245
Buildings$302,000-$302,000
Land$166,950-$166,950
Equipment$43,928-$43,928
Other Land Buildings$-693,677$731,086$37,409
Compensation and Service Providers

Board Members and Trustees

NameTitle
Nathan BurchamVice President
Becky FergusonDirector
Rebecca RexDirector
Paulina Rudnicka MauroSecretary
Michael StepanikTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$936,627
Investment Income
$12,584
Other Revenue
$205,277
Change in Net Assets
$-27,876
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$1,182,364
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$153,462--$153,462
Fees for Services Legal-$98,973-$98,973
Other Expenses$70,001--$70,001
Fees for Services Management-$62,802-$62,802
Insurance$54,406--$54,406
Office Expenses-$42,665-$42,665
Fees for Services Accounting-$6,650-$6,650
Total Functional Expenses$971,274$211,090$0$1,182,364
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
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-
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
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
Greenwood Forest Fund Inc
EIN
74-1708558
Phone
2815790761
Address
17171 Park Row 310, Houston, TX 77084

Signing Officer

Name
Nathan Burcham
Title
Vice President
Signed
2025-09-25
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Nathan Burcham
Formed
1969
Legal Domicile
TX
Voting Board Members
5
Independent Board Members
0
Employees
0

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 IX, Line 24E

Bad Debt: Column (A) - Total = $9346; Column (B) - Program Services = $9346; Column (C) - Management & General = $0; Column (D) - Fundraising = $0

Form 990, Part IX, Line 24E

Landscaping: Column (A) - Total = $37019; Column (B) - Program Services = $37019; Column (C) - Management & General = $0; Column (D) - Fundraising = $0

Form 990, Part IX, Line 24E

Payroll: Column (A) - Total = $54409; Column (B) - Program Services = $54409; Column (C) - Management & General = $0; Column (D) - Fundraising = $0

Form 990, Part IX, Line 24E

Repairs and Maintenance: Column (A) - Total = $52684; Column (B) - Program Services = $52684; Column (C) - Management & General = $0; Column (D) - Fundraising = $0

Form 990, Part IX, Line 24E

Taxes - Property: Column (A) - Total = $4; Column (B) - Program Services = $4; Column (C) - Management & General = $0; Column (D) - Fundraising = $0

Form 990, Part XI, Line 9

= $19396

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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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IRS990/OthNotesLoansReceivableNetGrp/EOYAmt00
IRS990/PartialLiquidationInd0false
IRS990/PaymentsToAffiliatesGrp/TotalAmt00
IRS990/PayrollTaxesGrp/TotalAmt00
IRS990/PensionPlanContributionsGrp/TotalAmt00
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt00
IRS990/PoliticalCampaignActyInd0false
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt012093
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt012136
IRS990/PrincipalOfficerNm0Nathan Burcham
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgramServiceRevenueGrp/BusinessCd0531390
IRS990/ProgramServiceRevenueGrp/Desc0Maintenance Fees
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt0936627
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt0936627
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYExcessBenefitTransInd0false
IRS990/PYInvestmentIncomeAmt010597
IRS990/PymtTravelEntrtnmntPubOfclGrp/TotalAmt00
IRS990/PYOtherExpensesAmt01095795
IRS990/PYOtherRevenueAmt0147000
IRS990/PYProgramServiceRevenueAmt0934504
IRS990/PYRevenuesLessExpensesAmt0-3694
IRS990/PYTotalExpensesAmt01095795
IRS990/PYTotalRevenueAmt01092101
IRS990/RcvblFromDisqualifiedPrsnGrp/EOYAmt00
IRS990/ReceivablesFromOfficersEtcGrp/EOYAmt00
IRS990/ReconcilationRevenueExpnssAmt0-27876
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0false
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RoyaltiesGrp/TotalAmt00
IRS990/RoyaltiesRevenueGrp/TotalRevenueColumnAmt00
IRS990/RtnEarnEndowmentIncmOthFndsGrp/BOYAmt01310591
IRS990/RtnEarnEndowmentIncmOthFndsGrp/EOYAmt01302111
IRS990/SavingsAndTempCashInvstGrp/BOYAmt0694900
IRS990/SavingsAndTempCashInvstGrp/EOYAmt0469531
IRS990/ScheduleBRequiredInd0false
IRS990ScheduleD/BuildingsGrp/BookValueAmt0302000
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt0302000
IRS990ScheduleD/EquipmentGrp/BookValueAmt043928
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt043928
IRS990ScheduleD/LandGrp/BookValueAmt0166950
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt0166950
IRS990ScheduleD/LeaseholdImprovementsGrp/BookValueAmt0530245
IRS990ScheduleD/LeaseholdImprovementsGrp/OtherCostOrOtherBasisAmt0530245
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt0-693677
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt0731086
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt037409
IRS990ScheduleD/TotalBookValueLandBuildingsAmt0349446
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0No review was or will be conducted.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1No documents available to the public.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2Bad Debt: Column (A) - Total = $9346; Column (B) - Program Services = $9346; Column (C) - Management & General = $0; Column (D) - Fundraising = $0
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3Landscaping: Column (A) - Total = $37019; Column (B) - Program Services = $37019; Column (C) - Management & General = $0; Column (D) - Fundraising = $0
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4Payroll: Column (A) - Total = $54409; Column (B) - Program Services = $54409; Column (C) - Management & General = $0; Column (D) - Fundraising = $0
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5Repairs and Maintenance: Column (A) - Total = $52684; Column (B) - Program Services = $52684; Column (C) - Management & General = $0; Column (D) - Fundraising = $0
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6Taxes - Property: Column (A) - Total = $4; Column (B) - Program Services = $4; Column (C) - Management & General = $0; Column (D) - Fundraising = $0
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt7= $19396
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990, Part VI, Section B, Line 11b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990, Part VI, Section C, Line 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Form 990, Part IX, Line 24e
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Form 990, Part IX, Line 24e
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Form 990, Part IX, Line 24e
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5Form 990, Part IX, Line 24e
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6Form 990, Part IX, Line 24e
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc7Form 990, Part XI, Line 9
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/SubjectToExcsTaxNetInvstIncInd0false
IRS990/SubjectToProxyTaxInd0false
IRS990/SubjToTaxRmnrtnExPrchtPymtInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt01553307
IRS990/TotalAssetsEOYAmt01604229
IRS990/TotalAssetsGrp/BOYAmt01553307
IRS990/TotalAssetsGrp/EOYAmt01604229
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalContributionsAmt00
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt0211090
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0971274
IRS990/TotalFunctionalExpensesGrp/TotalAmt01182364
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt0242716
IRS990/TotalLiabilitiesEOYAmt0302118
IRS990/TotalLiabilitiesGrp/BOYAmt0242716
IRS990/TotalLiabilitiesGrp/EOYAmt0302118
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt01310591
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt01302111
IRS990/TotalProgramServiceExpensesAmt0971274
IRS990/TotalProgramServiceRevenueAmt0936627
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt01154488
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt01154488
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt01553307
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt01604229
IRS990/TravelGrp/TotalAmt00
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt017171 Park Row 310
IRS990/USAddress/CityNm0Houston
IRS990/USAddress/StateAbbreviationCd0TX
IRS990/USAddress/ZIPCd077084
IRS990/VotingMembersGoverningBodyCnt05
IRS990/VotingMembersIndependentCnt00
IRS990/WebsiteAddressTxt0www.crest-management.com/Communities
IRS990/WhistleblowerPolicyInd0false
ReturnHeader/BuildTS02025-03-06 01:10:19Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0Nathan Burcham
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0Vice President
ReturnHeader/BusinessOfficerGrp/SignatureDt02025-09-25
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0Greenwood Forest Fund Inc
ReturnHeader/Filer/BusinessNameControlTxt0GREE
ReturnHeader/Filer/EIN0741708558
ReturnHeader/Filer/PhoneNum02815790761
ReturnHeader/Filer/USAddress/AddressLine1Txt017171 Park Row 310
ReturnHeader/Filer/USAddress/CityNm0Houston
ReturnHeader/Filer/USAddress/StateAbbreviationCd0TX
ReturnHeader/Filer/USAddress/ZIPCd077084
ReturnHeader/IRSResponsiblePrtyInfoCurrInd0true
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/ReturnTs02025-09-25T09:00:27-07:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02024-01-01
ReturnHeader/TaxPeriodEndDt02024-12-31
ReturnHeader/TaxYr02024

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