Civic Intelligence

Champion Forest Fund Inc

990 • Fiscal year 2021 • EIN 74-2010402

Jan 01, 2021 to Dec 31, 2021 • Filed on Nov 15, 2022

11000 Corporate Centre Dr Ste 150Houston, TX 77041

(713) 329-7100

Siviq Scores

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

Liabilities / Assets

86th percentile

0.49x

Higher debt load relative to assets than 86% of similar nonprofits.

2021 filings • 501(c)4 • $1M-$5M nonprofits • Source year 2021

Liabilities / Revenue

88th percentile

1.50x

Higher debt load relative to revenue than 88% of similar nonprofits.

2021 filings • 501(c)4 • $1M-$5M nonprofits • Source year 2021

Net Margin

76th percentile

36%

Higher net margin than 76% of similar nonprofits.

2021 filings • 501(c)4 • $1M-$5M nonprofits • Source year 2021

Top Officer Pay

61st percentile

$0

Higher top officer pay than 61% of similar nonprofits.

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

2021 filings • 501(c)4 • $1M-$5M nonprofits • Source year 2021

Asset Growth

77th percentile

22%

Faster asset growth than 77% of similar nonprofits.

2021 filings • 501(c)4 • $1M-$5M nonprofits • Annualized from 2020 to 2021

Revenue Growth

15th percentile

-21%

Faster revenue growth than 15% of similar nonprofits.

2021 filings • 501(c)4 • $1M-$5M nonprofits • Annualized from 2020 to 2021

Assets

Up

$1,367,389

Up $243,511 (+22%) from 2020

Net Assets

Down

$694,491

Down $209,627 (-23%) from 2020

Liabilities

Up

$672,898

Up $453,138 (+206%) from 2020

Revenue

Down

$450,017

Down $117,308 (-21%) from 2020

Expenses

Up

$286,564

Up $5,462 (+1.9%) from 2020

Net Income

Down

$163,453

Down $122,770 (-43%) from 2020

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: $380,300Liabilities 2010: $118,828Net Assets 2010: $261,4722010Assets 2011: $661,869Liabilities 2011: $414,004Net Assets 2011: $247,8652011Assets 2012: $673,327Liabilities 2012: $424,440Net Assets 2012: $248,8872012Assets 2013: $442,352Liabilities 2013: $162,264Net Assets 2013: $280,0882013Assets 2014: $475,912Liabilities 2014: $152,357Net Assets 2014: $323,5552014Assets 2015: $429,821Liabilities 2015: $63,591Net Assets 2015: $366,2302015Assets 2016: $905,004Liabilities 2016: $458,740Net Assets 2016: $446,2642016Assets 2017: $586,916Liabilities 2017: $133,625Net Assets 2017: $453,2912017Assets 2018: $628,263Liabilities 2018: $87,975Net Assets 2018: $540,2882018Assets 2019: $842,483Liabilities 2019: $224,588Net Assets 2019: $617,8952019Assets 2020: $1,123,878Liabilities 2020: $219,760Net Assets 2020: $904,1182020Assets 2021: $1,367,389Liabilities 2021: $672,898Net Assets 2021: $694,4912021Assets 2022: $1,455,563Liabilities 2022: $203,749Net Assets 2022: $1,251,8142022Assets 2023: $1,667,602Liabilities 2023: $194,024Net Assets 2023: $1,473,5782023Assets 2024: $1,706,836Liabilities 2024: $138,191Net Assets 2024: $1,568,6452024

Highlighted filing

2021

Assets$1,367,389
Liabilities$672,898
Net Assets$694,491

Operations Trend

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

$600K$400K$200K$0Expenses 2010: $388,9102010Expenses 2011: $386,6452011Revenue 2012: $377,181Expenses 2012: $376,159Net Income 2012: $1,0222012Revenue 2013: $381,625Expenses 2013: $350,424Net Income 2013: $31,2012013Revenue 2014: $438,835Expenses 2014: $418,176Net Income 2014: $20,6592014Revenue 2015: $474,169Expenses 2015: $431,459Net Income 2015: $42,7102015Revenue 2016: $492,271Expenses 2016: $412,237Net Income 2016: $80,0342016Revenue 2017: $497,650Expenses 2017: $454,661Net Income 2017: $42,9892017Revenue 2018: $532,379Expenses 2018: $460,543Net Income 2018: $71,8362018Revenue 2019: $576,726Expenses 2019: $499,119Net Income 2019: $77,6072019Revenue 2020: $567,325Expenses 2020: $281,102Net Income 2020: $286,2232020Revenue 2021: $450,017Expenses 2021: $286,564Net Income 2021: $163,4532021Revenue 2022: $551,458Expenses 2022: $413,733Net Income 2022: $137,7252022Revenue 2023: $496,459Expenses 2023: $310,241Net Income 2023: $186,2182023Revenue 2024: $507,519Expenses 2024: $425,999Net Income 2024: $81,5202024

Highlighted filing

2021

Revenue$450,017
Expenses$286,564
Net Income$163,453
Jump To
Filing Snapshot
Filing Period
Jan 1, 2021 to Dec 31, 2021
Signed
Nov 15, 2022
Return Version
2021v4.2
Gross Receipts
$450,017
Mission and Program Overview

Mission

To provide law enforcement, street lights, and maintain common areas including roads, parks and other areas - all benefiting the entire community.

To provide for maintenance and preservaton of the properties subject to the resetrictions and covernants in champion forest.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$993,986$1,251,892▲ $257,906
Rtn Earn Endowment Incm Other Fnds$904,118$694,491▼ $209,627
Land, Buildings, and Equipment, Net$56,047$56,047→ $0
Accounts Receivable$24,698$30,990▲ $6,292
Savings and Temporary Cash Investments-$25,056-
Prepaid Expenses and Deferred Charges$24,309$0▼ $24,309
Pd in Cap Srpls Land Bldg Eqp Fund$0$0→ $0
Cap Stk Tr Prin Current Funds$0$0→ $0
Total Assets$1,123,878$1,367,389▲ $243,511
Other Assets Total$24,838$3,404▼ $21,434
Liabilities
Other Liabilities$24,874$465,008▲ $440,134
Deferred Revenue$194,195$193,679▼ $516
Accounts Payable and Accrued Expenses$691$14,211▲ $13,520
Total Liabilities$219,760$672,898▲ $453,138
Net Assets / Fund Balance
Total Net Assets Fund Balance$904,118$694,491▼ $209,627
Total Liabilities and Net Assets / Fund Balance$1,123,878$1,367,389▲ $243,511

Asset Categories

AssetBook ValueDepreciationBasis
Land$56,047--
Compensation and Service Providers

Board Members and Trustees

NameTitle
Mary MathewsPresident
Russell HildebrandVice President
Kevin JonesDirector
Paul CoxDirector
Bruce RoloffTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$448,753
Investment Income
$1,264
Other Revenue
$0
Change in Net Assets
$163,453

Audited Revenue Reconciliation

Revenue per Audited Statements
$450,017
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$0
Total Revenue per Audited Statements
$450,017
Total Revenue per Form 990
$450,017
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$286,564
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
Fees for Services Legal-$86,235-$86,235
Fees for Services Management-$34,608-$34,608
Other Expenses$17,423--$17,423
Insurance$16,138--$16,138
All Other Expenses$12,651--$12,651
Office Expenses-$2,143-$2,143
Total Functional Expenses$163,578$122,986$0$286,564

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$286,564
Total Expenses per Audited Statements$286,564
Total Expenses per Form 990$286,564
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
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Contract Liabilities$462,874
Other Payables$2,010
Refundable Deposits$124
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
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 A, line 3

The association hired a management company to perform day to day operation under the instruction of board of directors.

Form 990, Part VI, Section A, line 6

Membership is automatic upon purchase of a lot.

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

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

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

Tax return is submitted to the board for review before filing.

Form 990, Part VI, Section C, line 18

Governing documents are available for review at management office during office hours upon request.

Form 990, Part VI, Section C, line 19

Tax returns are available for review at management office during office hours upon request.

Filing and Contact Details

Filer

Filer Name
Champion Forest Fund Inc
EIN
74-2010402
Phone
7133297100
Address
11000 CORPORATE CENTRE DR STE 150, HOUSTON, TX 77041

Signing Officer

Name
Mary Matthews
Title
President
Phone
7133297100
Signed
2022-11-15
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Mary Matthews
Formed
1977
Legal Domicile
TX
Voting Board Members
5
Independent Board Members
5
Employees
0
Volunteers
0

Preparer

Firm
Canady & Canady LLC
Address
4801 Woodway Dr STE470E, HOUSTON, TX 77056
Phone
7137831021
Supplemental Narrative

Additional Explanations

Form 990, Part XI, line 9:

Prior period adjustment -373080.

Form 990, Part XII, Line 2C:

The audit committee assumes the responsiblities for oversight of the audit.

Raw XML Appendix340 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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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE ASSOCIATION HIRED A MANAGEMENT COMPANY TO PERFORM DAY TO DAY OPERATION UNDER THE INSTRUCTION OF BOARD OF DIRECTORS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1MEMBERSHIP IS AUTOMATIC UPON PURCHASE OF A LOT.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE ASSOCIATION IS A NON-PROFIT MEMBERSHIP ORGANIZATION THAT IS GOVERNED BY AN UNCOMPENSATED VOLUNTEER BOARD OF DIRCTORS THAT ARE VOTED INTO OFFICE BY THE MEMBERSHIP.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3TAX RETURN IS SUBMITTED TO THE BOARD FOR REVIEW BEFORE FILING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4GOVERNING DOCUMENTS ARE AVAILABLE FOR REVIEW AT MANAGEMENT OFFICE DURING OFFICE HOURS UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5TAX RETURNS ARE AVAILABLE FOR REVIEW AT MANAGEMENT OFFICE DURING OFFICE HOURS UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6PRIOR PERIOD ADJUSTMENT -373080.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt7THE AUDIT COMMITTEE ASSUMES THE RESPONSIBLITIES FOR OVERSIGHT OF THE AUDIT.
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 B, line 11b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Form 990, Part VI, Section C, line 18
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5Form 990, Part VI, Section C, line 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6Form 990, Part XI, line 9:
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc7Form 990, Part XII, Line 2c:
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/SubjectToExcsTaxNetInvstIncInd00
IRS990/SubjectToProxyTaxInd00
IRS990/SubjToTaxRmnrtnExPrchtPymtInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt01123878
IRS990/TotalAssetsEOYAmt01367389
IRS990/TotalAssetsGrp/BOYAmt01123878
IRS990/TotalAssetsGrp/EOYAmt01367389
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt0122986
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0163578
IRS990/TotalFunctionalExpensesGrp/TotalAmt0286564
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt0219760
IRS990/TotalLiabilitiesEOYAmt0672898
IRS990/TotalLiabilitiesGrp/BOYAmt0219760
IRS990/TotalLiabilitiesGrp/EOYAmt0672898
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0904118
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0694491
IRS990/TotalOtherCompensationAmt00
IRS990/TotalProgramServiceExpensesAmt0163578
IRS990/TotalProgramServiceRevenueAmt0448753
IRS990/TotalReportableCompFromOrgAmt00
IRS990/TotalRevenueGrp/ExclusionAmt00
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt0450017
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0450017
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt00
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt01123878
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt01367389
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd00
IRS990/UponRequestInd0X
IRS990/VotingMembersGoverningBodyCnt05
IRS990/VotingMembersIndependentCnt05
IRS990/WebsiteAddressTxt0www.championforestonline.com
IRS990/WhistleblowerPolicyInd00
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/AuthenticationAssuranceLevelCd0AAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/IdentityAssuranceLevelCd0IAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/TrustedCustomerCd03
ReturnHeader/BuildTS02022-09-23 18:48:47Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0MARY MATTHEWS
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT
ReturnHeader/BusinessOfficerGrp/PhoneNum07133297100
ReturnHeader/BusinessOfficerGrp/SignatureDt02022-11-15
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0CHAMPION FOREST FUND INC
ReturnHeader/Filer/BusinessNameControlTxt0CHAM
ReturnHeader/Filer/EIN0742010402
ReturnHeader/Filer/PhoneNum07133297100
ReturnHeader/Filer/USAddress/AddressLine1Txt011000 CORPORATE CENTRE DR STE 150
ReturnHeader/Filer/USAddress/CityNm0HOUSTON
ReturnHeader/Filer/USAddress/StateAbbreviationCd0TX
ReturnHeader/Filer/USAddress/ZIPCd077041
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0CANADY & CANADY LLC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt04801 Woodway Dr STE470E
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0HOUSTON
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0TX
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd077056
ReturnHeader/PreparerPersonGrp/PhoneNum07137831021
ReturnHeader/PreparerPersonGrp/PreparationDt02022-11-15
ReturnHeader/ReturnTs02022-11-15T16:38:38-06:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0MARY
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0MATTHEWS
ReturnHeader/TaxPeriodBeginDt02021-01-01
ReturnHeader/TaxPeriodEndDt02021-12-31
ReturnHeader/TaxYr02021

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.71$0.14$1.57$0.51$0.43$0.08
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.67$0.19$1.47$0.50$0.31$0.19
2022XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.46$0.20$1.25$0.55$0.41$0.14
2021Detailed filing. Detailed filing data is available for this year.$1.37$0.67$0.69$0.45$0.29$0.16
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.12$0.22$0.90$0.57$0.28$0.29
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.84$0.22$0.62$0.58$0.50$0.08
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.63$0.09$0.54$0.53$0.46$0.07
2017Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.59$0.13$0.45$0.50$0.45$0.04
2016Summary only. Only limited summary data is available for this year.$0.91$0.46$0.45$0.49$0.41$0.08
2015XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.43$0.06$0.37$0.47$0.43$0.04
2014Detailed filing. Detailed filing data is available for this year.$0.48$0.15$0.32$0.44$0.42$0.02
2013Detailed filing. Detailed filing data is available for this year.$0.44$0.16$0.28$0.38$0.35$0.03
2012Summary only. Only limited summary data is available for this year.$0.67$0.42$0.25$0.38$0.38$0.00
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.66$0.41$0.25$0.39
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.38$0.12$0.26$0.39