Civic Intelligence

Save Our Housing Inc

EIN 74-2911102 • 501(c)3 • Bee Cave, TX

Profile

To promote and provide housing for low income families and individuals.

3821 Juniper Trace Ste 208Bee Cave, TX 78738

n/A

Siviq Scores

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

Liabilities / Assets

78th percentile

0.25x

Higher debt load relative to assets than 78% of similar nonprofits.

501(c)3 • $500k-$1M nonprofits • Source year 2020

Liabilities / Revenue

100th percentile

99.96x

Higher debt load relative to revenue than 100% of similar nonprofits.

501(c)3 • $500k-$1M nonprofits • Source year 2020

Net Margin

1st percentile

-2976%

Higher net margin than 1% of similar nonprofits.

501(c)3 • $500k-$1M nonprofits • Source year 2020

Top Officer Pay

Score unavailable

No value available

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

Asset Growth

23rd percentile

-7.0%

Faster asset growth than 23% of similar nonprofits.

501(c)3 • $500k-$1M nonprofits • Annualized from 2019 to 2020

Revenue Growth

11th percentile

-32%

Faster revenue growth than 11% of similar nonprofits.

501(c)3 • $500k-$1M nonprofits • Annualized from 2019 to 2020

Balance Sheet
Liabilities / Assets78th percentile

Assets

Down

$992,613

Down $74,426 (-7.0%) from 2019

Liabilities

Flat

$250,000

Flat from 2019

Net Assets

Down

$742,613

Down $74,426 (-9.1%) from 2019

Operations
Liabilities / Revenue100th percentileNet Margin1st percentile

Revenue

Down

$2,501

Down $1,168 (-32%) from 2019

Expenses

Up

$76,927

Up $70,365 (+1072%) from 2019

Net Income

Down

-$74,426

Down $71,533 (-2473%) from 2019

Trend Graphs

Balance Sheet Trend

Asset Growth23rd percentile

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

$1.5M$1.0M$500K$0Assets 2017: $944,898Liabilities 2017: $0Net Assets 2017: $944,8982017Assets 2018: $819,932Liabilities 2018: $0Net Assets 2018: $819,9322018Assets 2019: $1,067,039Liabilities 2019: $250,000Net Assets 2019: $817,0392019Assets 2020: $992,613Liabilities 2020: $250,000Net Assets 2020: $742,6132020

Highlighted filing

2020

Assets$992,613
Liabilities$250,000
Net Assets$742,613
Open 2020 Filing

Operations Trend

Revenue Growth11th percentile

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

$3.0M$2.0M$1.0M$0-$1.0MRevenue 2017: $2,797,426Expenses 2017: $0Net Income 2017: $2,797,4262017Revenue 2018: $0Expenses 2018: $124,966Net Income 2018: -$124,9662018Revenue 2019: $3,669Expenses 2019: $6,562Net Income 2019: -$2,8932019Revenue 2020: $2,501Expenses 2020: $76,927Net Income 2020: -$74,4262020

Highlighted filing

2020

Revenue$2,501
Expenses$76,927
Net Income-$74,426
Open 2020 Filing

Filings

Most recent year

2020 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$992,613
Liabilities
$250,000
Net assets
$742,613
Revenue
$2,501
Expenses
$76,927
Net income
-$74,426
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2020Detailed filing. Detailed filing data is available for this year.$0.99$0.25$0.74$0.00$0.08$0.07
2019Detailed filing. Detailed filing data is available for this year.$1.07$0.25$0.82$0.00$0.01$0.00
2018Detailed filing. Detailed filing data is available for this year.$0.82$0.00$0.82$0.00$0.12$0.12
2017Detailed filing. Detailed filing data is available for this year.$0.94$0.00$0.94$2.80$0.00$2.80
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2020 to Dec 31, 2020
Signed
May 13, 2021
Return Version
2020v4.0
Gross Receipts
$2,501
Mission and Program Overview

Mission

To promote and provide housing for low income families and individuals.

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments Program Related$759,445$730,035▼ $29,410
Cash and Non-Interest-Bearing Accounts$307,594$262,578▼ $45,016
Total Assets$1,067,039$992,613▼ $74,426
Liabilities
Unsecured Notes Loans Payable$250,000$250,000→ $0
Total Liabilities$250,000$250,000→ $0
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$817,039$742,613▼ $74,426
Total Net Assets Fund Balance$817,039$742,613▼ $74,426
Total Liabilities and Net Assets / Fund Balance$1,067,039$992,613▼ $74,426

Asset Categories

AssetBook ValueDepreciationBasis
Investment Program Related Org$730,035--
Compensation and Service Providers
Top Officer PayScore unavailable

Employees

NameTitleFull / Part TimeBaseTotal
William P WensonPresidentPT$70,000$70,000

Board Members and Trustees

NameTitle
Dan McintyreDirector
Zachary WensonDirector
Michelle M WensonSecretary
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$590
Investment Income
$1,911
Other Revenue
$0
Change in Net Assets
$-74,426
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$75,640
Other Expenses$1,287
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Current Officers, Directors, Trustees, and Key Employees$70,000--$70,000
Payroll Taxes$5,640--$5,640
Fees for Services Other$1,287--$1,287
Total Functional Expenses$76,927$0$0$76,927
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
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
No

Governance Explanations

Form 990, Page 6, Part VI, Line 2

“William p. Wenson michelle m. Wenson president secretary family relationship william p. Wenson zachary k. Wenson president director family relationship michelle m. Wenson zachary k. Wenson secretary director family relationship”

Form 990, Page 6, Part VI, Line 11B

“A copy of the form 990 is provided to william p. Wenson, the president, before filing. Mr. Wenson reviews and approves the form 990 before being filed with the irs.”

Form 990, Page 6, Part VI, Line 19

“All documents available upon written request.”

Filing and Contact Details

Filer

Filer Name
Save Our Housing Inc
EIN
74-2911102
Phone
5122887200
Address
3821 JUNIPER TRACE STE 208, BEE CAVE, TX 78738

Signing Officer

Name
William P Wenson
Title
President
Phone
5122887200
Signed
2021-05-13
Discuss with paid preparer
Yes

Organization Details

Principal Officer
William P Wenson
Formed
1998
Legal Domicile
TX
Voting Board Members
4
Independent Board Members
4
Employees
1

Preparer

Firm
Davis Ray & Co Pc
Address
PO BOX 309, SEMINOLE, TX 79360
Preparer
Lance Sheets
Phone
4327583226
Raw XML Appendix279 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/Form990PartVIISectionAGrp/TitleTxt2SECRETARY
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IRS990/IRPDocumentCnt00
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IRS990/OperateHospitalInd0false
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0WILLIAM P. WENSON MICHELLE M. WENSON PRESIDENT SECRETARY FAMILY RELATIONSHIP WILLIAM P. WENSON ZACHARY K. WENSON PRESIDENT DIRECTOR FAMILY RELATIONSHIP MICHELLE M. WENSON ZACHARY K. WENSON SECRETARY DIRECTOR FAMILY RELATIONSHIP
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1A COPY OF THE FORM 990 IS PROVIDED TO WILLIAM P. WENSON, THE PRESIDENT, BEFORE FILING. MR. WENSON REVIEWS AND APPROVES THE FORM 990 BEFORE BEING FILED WITH THE IRS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2ALL DOCUMENTS AVAILABLE UPON WRITTEN REQUEST.
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ReturnHeader/BuildTS02022-09-23 18:48:47Z
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ReturnHeader/Filer/BusinessNameControlTxt0SAVE
ReturnHeader/Filer/EIN0742911102
ReturnHeader/Filer/PhoneNum05122887200
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ReturnHeader/PreparerPersonGrp/PhoneNum04327583226
ReturnHeader/PreparerPersonGrp/PreparationDt02021-05-13
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0LANCE SHEETS
ReturnHeader/ReturnTs02021-05-21T08:17:02-05:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0WILLIAM
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0WENSON
ReturnHeader/TaxPeriodBeginDt02020-01-01
ReturnHeader/TaxPeriodEndDt02020-12-31
ReturnHeader/TaxYr02020

Document Assets

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