Civic Intelligence

Taylor Sunset Housing Development Corportion

990 • Fiscal year 2019 • EIN 74-2508185

Oct 01, 2018 to Sep 30, 2019 • Filed on Aug 16, 2020

213 Debus DrTaylor, TX 76574

(512) 352-8660

Siviq Scores

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

Liabilities / Assets

36th percentile

0.03x

Higher debt load relative to assets than 36% of similar nonprofits.

2019 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2019

Liabilities / Revenue

48th percentile

0.08x

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

2019 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2019

Net Margin

41st percentile

0.4%

Higher net margin than 41% of similar nonprofits.

2019 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2019

Top Officer Pay

70th percentile

$103,090

Higher top officer pay than 70% of similar nonprofits.

Top officer pay equals 18.6% of source-year revenue.

2019 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2019

Asset Growth

39th percentile

0.0%

Faster asset growth than 39% of similar nonprofits.

2019 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2018 to 2019

Revenue Growth

55th percentile

5.9%

Faster revenue growth than 55% of similar nonprofits.

2019 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2018 to 2019

Assets

Up

$1,541,558

Up $305 (+0.0%) from 2018

Net Assets

Up

$1,499,019

Up $2,193 (+0.1%) from 2018

Liabilities

Down

$42,539

Down $1,888 (-4.2%) from 2018

Revenue

Up

$554,377

Up $30,709 (+5.9%) from 2018

Expenses

Up

$552,184

Up $30,671 (+5.9%) from 2018

Net Income

Up

$2,193

Up $38 (+1.8%) from 2018

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 2015: $1,626,251Liabilities 2015: $47,448Net Assets 2015: $1,578,8032015Assets 2016: $1,530,726Liabilities 2016: $43,125Net Assets 2016: $1,487,6012016Assets 2017: $1,539,446Liabilities 2017: $44,775Net Assets 2017: $1,494,6712017Assets 2018: $1,541,253Liabilities 2018: $44,427Net Assets 2018: $1,496,8262018Assets 2019: $1,541,558Liabilities 2019: $42,539Net Assets 2019: $1,499,0192019Assets 2020: $1,595,913Liabilities 2020: $41,397Net Assets 2020: $1,554,5162020Assets 2021: $1,627,236Liabilities 2021: $41,435Net Assets 2021: $1,585,8012021Assets 2022: $1,638,443Liabilities 2022: $19,228Net Assets 2022: $1,619,2152022Assets 2023: $1,683,773Liabilities 2023: $21,448Net Assets 2023: $1,662,3252023Assets 2024: $1,805,055Liabilities 2024: $21,620Net Assets 2024: $1,783,4352024

Highlighted filing

2019

Assets$1,541,558
Liabilities$42,539
Net Assets$1,499,019

Operations Trend

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

$800K$600K$400K$200K$0-$200KRevenue 2015: $509,762Expenses 2015: $468,346Net Income 2015: $41,4162015Revenue 2016: $487,786Expenses 2016: $578,988Net Income 2016: -$91,2022016Revenue 2017: $510,667Expenses 2017: $503,597Net Income 2017: $7,0702017Revenue 2018: $523,668Expenses 2018: $521,513Net Income 2018: $2,1552018Revenue 2019: $554,377Expenses 2019: $552,184Net Income 2019: $2,1932019Revenue 2020: $555,492Expenses 2020: $499,995Net Income 2020: $55,4972020Revenue 2021: $574,545Expenses 2021: $543,260Net Income 2021: $31,2852021Revenue 2022: $563,870Expenses 2022: $458,297Net Income 2022: $105,5732022Revenue 2023: $586,620Expenses 2023: $543,510Net Income 2023: $43,1102023Revenue 2024: $620,807Expenses 2024: $499,697Net Income 2024: $121,1102024

Highlighted filing

2019

Revenue$554,377
Expenses$552,184
Net Income$2,193
Jump To
Filing Snapshot
Filing Period
Oct 1, 2018 to Sep 30, 2019
Signed
Aug 16, 2020
Return Version
2018v3.2
Gross Receipts
$554,377
Mission and Program Overview

Mission

The organization provides low to moderate income families, including the elderly and handicapped with clean, safe and affordable housing facilities and services designed to meet their physical, social and psychological needs. Additionally, the organization assists residents in obtaining benefits such as electricity assistance, meals on wheels, home health care, and other services to help improve their quality of life.

The organization provides low to moderate income families, including the elderly and handicapped with clean, safe and affordable housing facilities and services designed to meet their physical, social and psychological needs.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$1,179,055$1,147,850▼ $31,205
Savings and Temporary Cash Investments$268,204$243,125▼ $25,079
Accounts Receivable$81,558$92,256▲ $10,698
Cash and Non-Interest-Bearing Accounts$12,436$53,600▲ $41,164
Total Assets$1,541,253$1,541,558▲ $305
Other Assets Total$0$4,727▲ $4,727
Liabilities
Accounts Payable and Accrued Expenses-$23,349-
Other Liabilities$44,427$19,190▼ $25,237
Total Liabilities$44,427$42,539▼ $1,888
Net Assets / Fund Balance
Unrestricted Net Assets$1,496,826$1,499,019▲ $2,193
Total Net Assets Fund Balance$1,496,826$1,499,019▲ $2,193
Total Liabilities and Net Assets / Fund Balance$1,541,253$1,541,558▲ $305

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$339,915$1,743,735$2,083,650
Other Land Buildings$807,935$778,004$1,585,939
Compensation and Service Providers

Employees

NameTitleFull / Part TimeOtherTotal
Deanne TorresExecutive DirectorPT$103,090$103,090

Board Members and Trustees

NameTitle
Ed KomandoskyChairman
Doris CorleyVice Chairman
Betty HargroveCommissioner
Jonathan RoseCommissioner Starting 2/26/19
Kevin HargroveCommissioner Thru 2/25/19
Glynette ThomasTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$554,345
Investment Income
$32
Other Revenue
$0
Change in Net Assets
$2,193
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$283,272
Salaries, Compensation, and Employee Benefits$265,967
Grants and Similar Amounts Paid$2,945
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$161,071$10,281-$171,352
Depreciation Depletion$116,940--$116,940
Fees for Services Legal$2,305$55,323-$57,628
Current Officers, Directors, Trustees, and Key Employees$32,594$2,080-$34,674
Occupancy$28,048$456-$28,504
Other Employee Benefits$22,279$1,422-$23,701
Pension Plan Contributions$19,498$1,245-$20,743
Payroll Taxes$14,567$930-$15,497
Office Expenses$12,917$538-$13,455
Fees for Services Other$2,493$3,434-$5,927
Grants to Domestic Orgs$2,945--$2,945
Fees for Services Accounting$2,000--$2,000
Other Expenses$1,530$1,053-$1,530
Total Functional Expenses$475,422$76,762$0$552,184
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
Lobbying activity
No
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Security Deposits$18,790
Pet Deposits$400
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
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
Yes
Other officer compensation reviewed
Yes
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 8B

During the fiscal year ended september 30, 2019, there are no separate committees to act on behalf of the governing body.

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

Form 990 is reviewed by the executive director and board of directors. Any questions raised by the organization are resolved with the preparer prior to filing.

Form 990, Part VI, Section B, Line 15

The compensation of the executive director is subject to periodic review by independent board members. This review entails an evaluation of the duties & responsibilities of the executive director, as well as consideration of compensation paid by similarly situated tax-exempt organizations.

Form 990, Part VI, Section C, Line 19

The organization makes its governing documents, conflict of interest policy, and financial statements available to the public upon request.

Filing and Contact Details

Filer

Filer Name
Taylor Sunset Housing Development
EIN
74-2508185
Phone
5123528660
Address
213 DEBUS DR, TAYLOR, TX 76574

Signing Officer

Name
Deanne Torres
Title
Executive Director
Phone
5123528660
Signed
2020-08-16
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Deanne Torres
Formed
1988
Legal Domicile
TX
Voting Board Members
5
Independent Board Members
5
Employees
0
Volunteers
0

Preparer

Firm
Brown Graham and Company Pc
Address
9009 MOUNTAIN RIDGE DRIVE STE 230, AUSTIN, TX 78759
Preparer
Shannon M Andre
Phone
5122578078
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IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus4YearsAmt0463
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/TotalAmt0691
IRS990ScheduleA/InvestmentIncomeCYPct00.00030
IRS990ScheduleA/InvestmentIncomePYPct00.00040
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY509Pct00.99970
IRS990ScheduleA/PublicSupportPY509Pct00.99960
IRS990ScheduleA/PublicSupportTotal509Amt02585569
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/TotalAmt00
IRS990ScheduleA/SubstantialContributorsAmtGrp/TotalAmt00
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt0554345
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt0523636
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt0510638
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt0487651
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt0509299
IRS990ScheduleA/Total509Grp/TotalAmt02585569
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt0554377
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt0523668
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt0510667
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt0487786
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt0509762
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt02586260
IRS990/ScheduleBRequiredInd00
IRS990ScheduleD/BuildingsGrp/BookValueAmt0339915
IRS990ScheduleD/BuildingsGrp/DepreciationAmt01743735
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt02083650
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt0807935
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt0778004
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt01585939
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt018790
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt1400
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0SECURITY DEPOSITS
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc1PET DEPOSITS
IRS990ScheduleD/TotalBookValueLandBuildingsAmt01147850
IRS990ScheduleD/TotalLiabilityAmt019190
IRS990/ScheduleJRequiredInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0DURING THE FISCAL YEAR ENDED SEPTEMBER 30, 2019, THERE ARE NO SEPARATE COMMITTEES TO ACT ON BEHALF OF THE GOVERNING BODY.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1FORM 990 IS REVIEWED BY THE EXECUTIVE DIRECTOR AND BOARD OF DIRECTORS. ANY QUESTIONS RAISED BY THE ORGANIZATION ARE RESOLVED WITH THE PREPARER PRIOR TO FILING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE COMPENSATION OF THE EXECUTIVE DIRECTOR IS SUBJECT TO PERIODIC REVIEW BY INDEPENDENT BOARD MEMBERS. THIS REVIEW ENTAILS AN EVALUATION OF THE DUTIES & RESPONSIBILITIES OF THE EXECUTIVE DIRECTOR, AS WELL AS CONSIDERATION OF COMPENSATION PAID BY SIMILARLY SITUATED TAX-EXEMPT ORGANIZATIONS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION A, LINE 8B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION B, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION B, LINE 15
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART VI, SECTION C, LINE 19
IRS990ScheduleR/AssetExchangeInd00
IRS990ScheduleR/AssetPurchaseFromOtherOrgInd00
IRS990ScheduleR/AssetSaleToOtherOrgInd00
IRS990ScheduleR/DivRelatedOrganizationInd00
IRS990ScheduleR/GiftGrntCapContriFromOthOrgInd00
IRS990ScheduleR/GiftGrntOrCapContriToOthOrgInd00
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd00
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt0MALLARD RUN HOUSING DEVELOPMENT CORPORATION
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/EIN0742691914
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ExemptCodeSectionTxt0501(C)(3)
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/LegalDomicileStateCd0TX
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PrimaryActivitiesTxt0AFFORDABLE HOUSING
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PublicCharityStatusTxt0LINE 10
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/AddressLine1Txt01000 MALLARD LANE
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/CityNm0TAYLOR
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/StateAbbreviationCd0TX
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/ZIPCd076574
IRS990ScheduleR/LoansOrGuaranteesFromOthOrgInd00
IRS990ScheduleR/LoansOrGuaranteesToOtherOrgInd00
IRS990ScheduleR/PaidEmployeesSharingInd01
IRS990ScheduleR/PerformOfServicesByOtherOrgInd00
IRS990ScheduleR/PerformOfServicesForOthOrgInd00
IRS990ScheduleR/ReceiptOfIntAnntsRntsRyltsInd00
IRS990ScheduleR/ReimbursementPaidByOtherOrgInd00
IRS990ScheduleR/ReimbursementPaidToOtherOrgInd01
IRS990ScheduleR/RentalOfFacilitiesToOthOrgInd00
IRS990ScheduleR/RentalOfFcltsFromOthOrgInd00
IRS990ScheduleR/SharingOfFacilitiesInd00
IRS990ScheduleR/TransactionsRelatedOrgGrp/InvolvedAmt072329
IRS990ScheduleR/TransactionsRelatedOrgGrp/InvolvedAmt1247397
IRS990ScheduleR/TransactionsRelatedOrgGrp/MethodOfAmountDeterminationTxt0FAIR MARKET VALUE OF INVOICES
IRS990ScheduleR/TransactionsRelatedOrgGrp/MethodOfAmountDeterminationTxt1DIRECT PAYROLL COSTS
IRS990ScheduleR/TransactionsRelatedOrgGrp/OtherOrganizationName/BusinessNameLine1Txt0MALLARD RUN HOUSING DEVELOPMENT CORPORATION
IRS990ScheduleR/TransactionsRelatedOrgGrp/OtherOrganizationName/BusinessNameLine1Txt1MALLARD RUN HOUSING DEVELOPMENT CORPORATION
IRS990ScheduleR/TransactionsRelatedOrgGrp/TransactionTypeTxt0P
IRS990ScheduleR/TransactionsRelatedOrgGrp/TransactionTypeTxt1O
IRS990ScheduleR/TransferFromOtherOrgInd00
IRS990ScheduleR/TransferToOtherOrgInd00
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/SubjectToExcsTaxNetInvstIncInd00
IRS990/SubjectToProxyTaxInd00
IRS990/SubjToTaxRmnrtnExPrchtPymtInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TempOrPermanentEndowmentsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt01541253
IRS990/TotalAssetsEOYAmt01541558
IRS990/TotalAssetsGrp/BOYAmt01541253
IRS990/TotalAssetsGrp/EOYAmt01541558
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt076762
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0475422
IRS990/TotalFunctionalExpensesGrp/TotalAmt0552184
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt044427
IRS990/TotalLiabilitiesEOYAmt042539
IRS990/TotalLiabilitiesGrp/BOYAmt044427
IRS990/TotalLiabilitiesGrp/EOYAmt042539
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt01496826
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt01499019
IRS990/TotalOtherCompensationAmt021750
IRS990/TotalProgramServiceExpensesAmt0475422
IRS990/TotalProgramServiceRevenueAmt0554345
IRS990/TotalReportableCompFromOrgAmt00
IRS990/TotalRevenueGrp/ExclusionAmt032
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt0554345
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0554377
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt00
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt01541253
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt01541558
IRS990/TotReportableCompRltdOrgAmt081340
IRS990/TrnsfrExmptNonChrtblRltdOrgInd00
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd00
IRS990/UnrestrictedNetAssetsGrp/BOYAmt01496826
IRS990/UnrestrictedNetAssetsGrp/EOYAmt01499019
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt0213 DEBUS DR
IRS990/USAddress/CityNm0TAYLOR
IRS990/USAddress/StateAbbreviationCd0TX
IRS990/USAddress/ZIPCd076574
IRS990/VotingMembersGoverningBodyCnt05
IRS990/VotingMembersIndependentCnt05

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