Civic Intelligence

Penderbrook Community Association Inc

EIN 75-2153895 • 501(c)4 • Woodbridge, VA

Profile

Maintenance of common property.

4330 Prince William ParkwayWoodbridge, VA 22192

penderbrook.com

Siviq Scores

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

Liabilities / Assets

81st percentile

0.34x

Higher debt load relative to assets than 81% of similar nonprofits.

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

Liabilities / Revenue

76th percentile

0.40x

Higher debt load relative to revenue than 76% of similar nonprofits.

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

Net Margin

43rd percentile

4.3%

Higher net margin than 43% of similar nonprofits.

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

Top Officer Pay

63rd percentile

$0

Higher top officer pay than 63% of similar nonprofits.

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

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

Asset Growth

30th percentile

-1.5%

Faster asset growth than 30% of similar nonprofits.

501(c)4 • $1M-$5M nonprofits • Annualized from 2023 to 2024

Revenue Growth

42nd percentile

4.6%

Faster revenue growth than 42% of similar nonprofits.

501(c)4 • $1M-$5M nonprofits • Annualized from 2023 to 2024

Assets

Down

$4,578,813

Down $69,504 (-1.5%) from 2023

Liabilities

Down

$1,538,967

Down $233,893 (-13%) from 2023

Net Assets

Up

$3,039,846

Up $164,389 (+5.7%) from 2023

Revenue

Up

$3,865,526

Up $170,587 (+4.6%) from 2023

Expenses

Up

$3,701,137

Up $556,541 (+18%) from 2023

Net Income

Down

$164,389

Down $385,954 (-70%) from 2023

Trend Graphs

Balance Sheet Trend

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

$6.0M$4.0M$2.0M$0-$2.0MAssets 2009: $2,393,584Liabilities 2009: $3,373,285Net Assets 2009: -$979,7012009Assets 2011: $2,523,012Liabilities 2011: $3,218,353Net Assets 2011: -$695,3412011Assets 2012: $2,875,922Liabilities 2012: $3,114,306Net Assets 2012: -$238,3842012Assets 2020: $3,797,257Liabilities 2020: $2,081,046Net Assets 2020: $1,716,2112020Assets 2021: $3,873,968Liabilities 2021: $1,691,056Net Assets 2021: $2,182,9122021Assets 2022: $4,071,478Liabilities 2022: $1,746,364Net Assets 2022: $2,325,1142022Assets 2023: $4,648,317Liabilities 2023: $1,772,860Net Assets 2023: $2,875,4572023Assets 2024: $4,578,813Liabilities 2024: $1,538,967Net Assets 2024: $3,039,8462024

Highlighted filing

2024

Assets$4,578,813
Liabilities$1,538,967
Net Assets$3,039,846

Operations Trend

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

$4.0M$3.0M$2.0M$1.0M$0Revenue 2009: $1,509,104Expenses 2009: $1,217,285Net Income 2009: $291,8192009Revenue 2011: $1,604,906Expenses 2011: $1,280,685Net Income 2011: $324,2212011Revenue 2012: $1,576,552Expenses 2012: $1,148,265Net Income 2012: $428,2872012Revenue 2020: $3,173,266Expenses 2020: $2,433,232Net Income 2020: $740,0342020Revenue 2021: $3,416,842Expenses 2021: $2,950,141Net Income 2021: $466,7012021Revenue 2022: $3,255,804Expenses 2022: $3,113,602Net Income 2022: $142,2022022Revenue 2023: $3,694,939Expenses 2023: $3,144,596Net Income 2023: $550,3432023Revenue 2024: $3,865,526Expenses 2024: $3,701,137Net Income 2024: $164,3892024

Highlighted filing

2024

Revenue$3,865,526
Expenses$3,701,137
Net Income$164,389

Filings

Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
Apr 14, 2025
Return Version
2024v5.2
Gross Receipts
$3,865,526
Mission and Program Overview

Mission

Maintenance of common property.

Balance Sheet Detail
LineBeginningEndChange
Assets
Savings and Temporary Cash Investments$2,888,681$2,515,886▼ $372,795
Land, Buildings, and Equipment, Net$1,217,769$1,217,769→ $0
Cash and Non-Interest-Bearing Accounts$0$351,128▲ $351,128
Prepaid Expenses and Deferred Charges$54,658$63,164▲ $8,506
Accounts Receivable$62,262$43,331▼ $18,931
Inventories for Sale or Use$21,144$21,629▲ $485
Total Assets$4,648,317$4,578,813▼ $69,504
Other Assets Total$403,803$365,906▼ $37,897
Liabilities
Mortgage Notes Payable Secured by Investment Property$1,429,739$1,173,488▼ $256,251
Deferred Revenue$237,539$241,397▲ $3,858
Accounts Payable and Accrued Expenses$105,582$124,082▲ $18,500
Total Liabilities$1,772,860$1,538,967▼ $233,893
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$2,226,228$2,271,695▲ $45,467
Net Assets With Donor Restrictions$649,229$768,151▲ $118,922
Total Net Assets Fund Balance$2,875,457$3,039,846▲ $164,389
Total Liabilities and Net Assets / Fund Balance$4,648,317$4,578,813▼ $69,504

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$1,217,769$1,032,231-
Other Assets Org$365,906--
Compensation and Service Providers

Board Members and Trustees

NameTitle
David BraunPresident
Christine PowardVice President
John JerzDirector
Linda TravisDirector
Lorraine PeckDirector
Pete CiarroccaTreasurer

Highest Paid Contractors

ContractorServicesLocationCompensation
Crystal Aquatics IncPool4150 Lafayette Center Dr 300, Chantilly, VA 20151$204,004
Cardinal Management GroupManagement4330 Prince William Parkway 201, Woodbridge, VA 22192$166,820
Apex Companies LLCRetention Pond9700 Capital Ct Ste 100, Manassas, VA 20110$122,995
Revenue and Support

Revenue Composition

Contributions and Grants
$1,574,215
Program Service Revenue
$0
Investment Income
$61,994
Other Revenue
$2,229,317
Change in Net Assets
$164,389

Audited Revenue Reconciliation

Revenue per Audited Statements
$3,865,526
Total Revenue per Audited Statements
$3,865,526
Total Revenue per Form 990
$3,865,526
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$3,701,137
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$1,403,894$0$0$1,403,894
Fees for Services Management$1,062,214$204,782$0$1,266,996
Office Expenses$0$230,800$0$230,800
Insurance$0$101,320$0$101,320
Depreciation Depletion$0$64,024$0$64,024
Interest$0$42,040$0$42,040
Other Expenses$26,880$0$0$26,880
Fees for Services Legal$0$18,450$0$18,450
Fees for Services Accounting$0$18,038$0$18,038
Total Functional Expenses$3,021,683$679,454$0$3,701,137

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$3,701,137
Total Expenses per Audited Statements$3,701,137
Total Expenses per Form 990$3,701,137
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
In-house lobbying only
Yes
Subject to proxy tax
Yes
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Audit committee
Yes
Backup withholding compliance
Yes
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
Yes
Management duties delegated
Yes
Filing and Contact Details

Filer

Filer Name
Penderbrook Community Association Inc
EIN
75-2153895
Phone
7035695797
Address
4330 Prince William Parkway, Woodbridge, VA 22192

Signing Officer

Name
David Braun
Title
Board Member
Phone
7035695797
Signed
2025-04-14
Discuss with paid preparer
Yes

Organization Details

Principal Officer
David Braun
Formed
1987
Legal Domicile
Va
Voting Board Members
6
Independent Board Members
6
Employees
0
Volunteers
6

Preparer

Firm
Goldklang Group Cpas Pc
Address
1801 ROBERT FULTON DR 200, RESTON, VA 20191
Preparer
S Gail Moore CPA
Phone
7033919003
Supplemental Narrative

Additional Explanations

Pt VI, Line 3

The Association has hired Cardinal Management Group to oversee daily operations.

Pt VI, Line 6

The Association has 1,776 homeowner members.

Pt VI, Line 7A

The homeowner members elect a Board of Directors.

Pt VI, Line 7B

Some decisions are subject to member approval.

Pt VI, Line 11B

The Board of Directors and Management Agent review the Form 990.

Pt VI, Line 15A

The Associations officers and directors are not compensated.

Pt VI, Line 19

These documents are available to members and potential members upon request.

Form 990, Part IX, Line 24E

Pool 136860. 136860. 0. 0.

Form 990, Part IX, Line 24E

Snow Removal 4162. 4162. 0. 0.

Form 990, Part IX, Line 24E

Building Repairs 43788. 43788. 0. 0.

Form 990, Part IX, Line 24E

Repairs & Maintenance 468843. 468843. 0. 0.

Form 990, Part IX, Line 24E

Fitness Center 105072. 105072. 0. 0.

Form 990, Part IX, Line 24E

Community Improvements 49134. 49134. 0. 0.

Form 990, Part IX, Line 24E

Golf Course Enhancements 23705. 23705. 0. 0.

Form 990, Part IX, Line 24E

Cleaning 62488. 62488. 0. 0.

Form 990, Part IX, Line 24E

Golf Fees, Supplies & Cost of Sales 121420. 121420. 0. 0.

Form 990, Part IX, Line 24E

Credit Loss - Receivables 61. 61. 0. 0.

Form 990, Part IX, Line 24E

Fitness Center 57035. 57035. 0. 0.

Form 990, Part IX, Line 24E

Tennis Courts 82034. 82034. 0. 0.

Form 990, Part IX, Line 24E

Pool 172919. 172919. 0. 0.

Form 990, Part IX, Line 24E

Golf Course 76373. 76373. 0. 0.

Financial Statement Notes

Pt X, Line 2

The Associations policy is to recognize any tax penalties and interest as an expense when incurred. The Associations federal tax returns for the past three years remain subject to examination by the Internal Revenue Service.

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IRS990/PrincipalOfficerNm0David Braun
IRS990/ProfessionalFundraisingInd0false
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt01512164
IRS990/PYExcessBenefitTransInd0false
IRS990/PYInvestmentIncomeAmt049761
IRS990/PYOtherExpensesAmt03144596
IRS990/PYOtherRevenueAmt02133014
IRS990/PYRevenuesLessExpensesAmt0550343
IRS990/PYTotalExpensesAmt03144596
IRS990/PYTotalRevenueAmt03694939
IRS990/ReconcilationRevenueExpnssAmt0164389
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0true
IRS990/ReportOtherLiabilitiesInd0false
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RevenueAmt03865526
IRS990/SavingsAndTempCashInvstGrp/BOYAmt02888681
IRS990/SavingsAndTempCashInvstGrp/EOYAmt02515886
IRS990/ScheduleBRequiredInd0false
IRS990ScheduleC/AgreeCarryoverPriorYearInd0false
IRS990ScheduleC/OnlyInHouseLobbyingInd0true
IRS990ScheduleC/SubstantiallyAllDuesNondedInd0true
IRS990ScheduleD/BuildingsGrp/BookValueAmt01217769
IRS990ScheduleD/BuildingsGrp/DepreciationAmt01032231
IRS990ScheduleD/BuildingsGrp/InvestmentCostOrOtherBasisAmt02250000
IRS990ScheduleD/ExpensesSubtotalAmt03701137
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt0365906
IRS990ScheduleD/OtherAssetsOrgGrp/Desc0Right To Use Asset - Golf Equipment Leases
IRS990ScheduleD/RevenueSubtotalAmt03865526
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0The Associations policy is to recognize any tax penalties and interest as an expense when incurred. The Associations federal tax returns for the past three years remain subject to examination by the Internal Revenue Service.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0Pt X, Line 2
IRS990ScheduleD/TotalBookValueLandBuildingsAmt01217769
IRS990ScheduleD/TotalBookValueOtherAssetsAmt0365906
IRS990ScheduleD/TotalExpensesPerForm990Amt03701137
IRS990ScheduleD/TotalRevenuePerForm990Amt03865526
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt03865526
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt03701137
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0The Association has hired Cardinal Management Group to oversee daily operations.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1The Association has 1,776 homeowner members.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2The homeowner members elect a Board of Directors.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3Some decisions are subject to member approval.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4The Board of Directors and Management Agent review the Form 990.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5The Associations officers and directors are not compensated.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6These documents are available to members and potential members upon request.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt7Pool 136860. 136860. 0. 0.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt8Snow Removal 4162. 4162. 0. 0.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt9Building Repairs 43788. 43788. 0. 0.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt10Repairs & Maintenance 468843. 468843. 0. 0.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt11Fitness Center 105072. 105072. 0. 0.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt12Community Improvements 49134. 49134. 0. 0.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt13Golf Course Enhancements 23705. 23705. 0. 0.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt14Cleaning 62488. 62488. 0. 0.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt15Golf Fees, Supplies & Cost of Sales 121420. 121420. 0. 0.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt16Credit Loss - Receivables 61. 61. 0. 0.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt17Fitness Center 57035. 57035. 0. 0.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt18Tennis Courts 82034. 82034. 0. 0.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt19Pool 172919. 172919. 0. 0.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt20Golf Course 76373. 76373. 0. 0.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Pt VI, Line 3
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Pt VI, Line 6
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Pt VI, Line 7a
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Pt VI, Line 7b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Pt VI, Line 11b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5Pt VI, Line 15a
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6Pt VI, Line 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc7Form 990, Part IX, Line 24e
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc8Form 990, Part IX, Line 24e
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc9Form 990, Part IX, Line 24e
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc10Form 990, Part IX, Line 24e
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc11Form 990, Part IX, Line 24e
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc12Form 990, Part IX, Line 24e
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc13Form 990, Part IX, Line 24e
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc14Form 990, Part IX, Line 24e
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc15Form 990, Part IX, Line 24e
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc16Form 990, Part IX, Line 24e
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc17Form 990, Part IX, Line 24e
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc18Form 990, Part IX, Line 24e
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc19Form 990, Part IX, Line 24e
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc20Form 990, Part IX, Line 24e
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/SubjectToExcsTaxNetInvstIncInd0false
IRS990/SubjectToProxyTaxInd0true
IRS990/SubjToTaxRmnrtnExPrchtPymtInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt04648317
IRS990/TotalAssetsEOYAmt04578813
IRS990/TotalAssetsGrp/BOYAmt04648317
IRS990/TotalAssetsGrp/EOYAmt04578813
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalContributionsAmt01574215
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt0679454
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt03021683
IRS990/TotalFunctionalExpensesGrp/TotalAmt03701137
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt01772860
IRS990/TotalLiabilitiesEOYAmt01538967
IRS990/TotalLiabilitiesGrp/BOYAmt01772860
IRS990/TotalLiabilitiesGrp/EOYAmt01538967
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt02875457
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt03039846
IRS990/TotalProgramServiceExpensesAmt03021683
IRS990/TotalRevenueGrp/ExclusionAmt061994
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt02229317
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt03865526
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt06
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt04648317
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt04578813
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt012104 Green Ledge Ct 102
IRS990/USAddress/CityNm0Fairfax
IRS990/USAddress/StateAbbreviationCd0VA
IRS990/USAddress/ZIPCd022033
IRS990/VotingMembersGoverningBodyCnt06
IRS990/VotingMembersIndependentCnt06
IRS990/WebsiteAddressTxt0penderbrook.com
IRS990/WhistleblowerPolicyInd0false
ReturnHeader/BuildTS02025-03-06 01:10:19Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0David Braun
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0Board Member
ReturnHeader/BusinessOfficerGrp/PhoneNum07035695797
ReturnHeader/BusinessOfficerGrp/SignatureDt02025-04-14
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0Penderbrook Community Association Inc
ReturnHeader/Filer/BusinessNameControlTxt0PEND
ReturnHeader/Filer/EIN0752153895
ReturnHeader/Filer/PhoneNum07035695797
ReturnHeader/Filer/USAddress/AddressLine1Txt04330 Prince William Parkway
ReturnHeader/Filer/USAddress/CityNm0Woodbridge
ReturnHeader/Filer/USAddress/StateAbbreviationCd0VA
ReturnHeader/Filer/USAddress/ZIPCd022192
ReturnHeader/IRSResponsiblePrtyInfoCurrInd0true
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0541182313
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0GOLDKLANG GROUP CPAS PC

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