Civic Intelligence

Save Our Housing Inc.

990 • Fiscal year 2019 • EIN 74-2911102

Jan 01, 2019 to Dec 31, 2019 • Filed on May 26, 2020

Organization ProfileN/A
3821 Juniper Trace Ste 208Bee Cave, TX 78738

(512) 288-7200

Siviq Scores

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

Liabilities / Assets

68th percentile

0.23x

Higher debt load relative to assets than 68% of similar nonprofits.

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

Liabilities / Revenue

100th percentile

68.14x

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

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

Net Margin

4th percentile

-79%

Higher net margin than 4% of similar nonprofits.

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

Top Officer Pay

36th percentile

$0

Higher top officer pay than 36% of similar nonprofits.

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

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

Asset Growth

86th percentile

30%

Faster asset growth than 86% of similar nonprofits.

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

Revenue Growth

Score unavailable

No value available

A valid growth rate could not be computed from the available filing history.

Annualized from 2018 to 2019

Balance Sheet
Liabilities / Assets68th percentile

Assets

Up

$1,067,039

Up $247,107 (+30%) from 2018

Net Assets

Down

$817,039

Down $2,893 (-0.4%) from 2018

Liabilities

Up

$250,000

Up $250,000 from 2018

Revenue And Expenses
Liabilities / Revenue100th percentileNet Margin4th percentile

Revenue

Up

$3,669

Up $3,669 from 2018

Expenses

Down

$6,562

Down $118,404 (-95%) from 2018

Net Income

Up

-$2,893

Up $122,073 (+98%) from 2018

Historical Trend

Balance Sheet Trend

Asset Growth86th percentile

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$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

2019

Assets$1,067,039
Liabilities$250,000
Net Assets$817,039
Open 2019 Filing

Operations Trend

Revenue GrowthScore unavailable

Revenue, expenses, and net income across loaded years, with this 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

2019

Revenue$3,669
Expenses$6,562
Net Income-$2,893
Open 2019 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2019 to Dec 31, 2019
Signed
May 26, 2020
Return Version
2019v5.0
Gross Receipts
$3,669
Mission and Program Overview

Mission

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

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments Program Related$819,932$759,445▼ $60,487
Cash and Non-Interest-Bearing Accounts-$307,594-
Total Assets$819,932$1,067,039▲ $247,107
Liabilities
Unsecured Notes Loans Payable-$250,000-
Total Liabilities$0$250,000▲ $250,000
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$819,932$817,039▼ $2,893
Total Net Assets Fund Balance$819,932$817,039▼ $2,893
Total Liabilities and Net Assets / Fund Balance$819,932$1,067,039▲ $247,107

Asset Categories

AssetBook ValueDepreciationBasis
Investment Program Related Org$759,445--
Compensation and Service Providers
Top Officer Pay36th percentile

Board Members and Trustees

NameTitle
William P WensonPresident
Dan McintyreDirector
Zachary WensonDirector
Michelle M WensonSecretary
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$0
Investment Income
$3,669
Other Revenue
$0
Change in Net Assets
$-2,893
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$5,975
Other Expenses$587
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$5,385--$5,385
Payroll Taxes$590--$590
Fees for Services Other$95--$95
Other Expenses$5--$5
Total Functional Expenses$6,562$0$0$6,562
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
2020-05-26
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 Appendix273 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/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.
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ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0SAVE OUR HOUSING INC
ReturnHeader/Filer/BusinessNameControlTxt0SAVE
ReturnHeader/Filer/EIN0742911102
ReturnHeader/Filer/PhoneNum05122887200
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ReturnHeader/FilingSecurityInformation/IPTm011:30:18
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0752057245
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0DAVIS RAY & CO PC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0PO BOX 309
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0SEMINOLE
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0TX
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ReturnHeader/PreparerPersonGrp/PhoneNum04327583226
ReturnHeader/PreparerPersonGrp/PreparationDt02020-05-27
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0LANCE SHEETS
ReturnHeader/ReturnTs02020-05-29T11:30:18-05:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02019-01-01
ReturnHeader/TaxPeriodEndDt02019-12-31
ReturnHeader/TaxYr02019

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2019 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$1,067,039
Liabilities
$250,000
Net assets
$817,039
Revenue
$3,669
Expenses
$6,562
Net income
-$2,893
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