Liabilities / Assets
80th percentile
Higher debt load relative to assets than 80% of similar nonprofits.
Emerald Sound Property Owners Association
EIN 75-2510406 • 501(c)4 • Dallas, TX
Profile
Property Owners Association to maintain the common areas of the community
Siviq Scores
Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.
0.12x
Liabilities / Revenue
91st percentile
Higher debt load relative to revenue than 91% of similar nonprofits.
Net Margin
84th percentile
Higher net margin than 84% of similar nonprofits.
Top Officer Pay
89th percentile
Higher top officer pay than 89% of similar nonprofits.
Top officer pay equals 0.0% of source-year revenue.
Asset Growth
69th percentile
Faster asset growth than 69% of similar nonprofits.
Revenue Growth
62nd percentile
Faster revenue growth than 62% of similar nonprofits.
Balance Sheet
Assets
Up$329,030
Up $44,274 (+16%) from 2022
Liabilities
Down$40,509
Down $5,232 (-11%) from 2022
Net Assets
Up$288,521
Up $49,506 (+21%) from 2022
Revenue
Up$83,607
Up $8,509 (+11%) from 2022
Expenses
Down$59,001
Down $2,683 (-4.3%) from 2022
Net Income
Up$24,606
Up $11,192 (+83%) from 2022
Trend Graphs
Filings
Most recent year
2024 • Form 990EZDetailed filing. Detailed filing data is available for this year.
- Assets
- $329,030
- Liabilities
- $40,509
- Net assets
- $288,521
- Revenue
- $83,607
- Expenses
- $59,001
- Net income
- $24,606
Latest Filing Detail
Jump To
Filing Snapshot
- Filing Period
- Jan 1, 2024 to Dec 31, 2024
- Signed
- Oct 10, 2025
- Return Version
- 2024v5.2
- Gross Receipts
- $83,607
Mission and Program Overview
Mission
Property Owners Association to maintain the common areas of the community
Program Services
| Description | Grants | Expenses |
|---|---|---|
| Maintenance of the Common Areas of the Community Property for the Benefit of the Neighborhood | - | - |
Compensation and Service Providers
Employees
| Name | Title | Full / Part Time | Base | Other | Total |
|---|---|---|---|---|---|
| Michael Brown | President | - | $0 | - | - |
| Candy Risher | Vice President | - | $0 | - | - |
| Colleen Wigley | Secretary | - | $0 | - | - |
| Keith Johnson | Treasurer | PT | $0 | - | - |
| Jay Barnett | Controller | - | $0 | - | - |
Filing and Contact Details
Filer
- Filer Name
- Emerald Sound Property
- EIN
- 75-2510406
- Phone
- 4699394928
- Address
- 17130 Dallas Pkwy 140, Dallas, TX 75248
Signing Officer
- Name
- Michael Brown
- Title
- President
- Signed
- 2025-10-10
- Discuss with paid preparer
- Yes
Preparer
- Firm
- Canady & Canady LLC
- Address
- 4801 Woodway Dr Suite 470-E, Houston, TX 77056
- Preparer
- Scott Scarborough
- Phone
- 7137831021
Supplemental Narrative
Additional Explanations
Other Revenue.1
“Other Income $581”
Other Expenses.1002
“Office Expenses $4164”
Other Expenses.1012
“Insurance $7384”
Other Expenses.1
“Landscaping $21823”
Other Expenses.2
“Repairs and Maintenance $3378”
Other Expenses.3
“Utilities $2714”
Other Assets.1005
“Accounts Receivable - Beginning $59 Accounts Receivable - Ending $1154”
Other Assets.1011
“Prepaid Expenses and Deferred Charges - Beginning $4069 Prepaid Expenses and Deferred Charges - Ending $2883”
Total Liabilities.1001
“Accounts Payable and Accrued Expenses - Beginning $475 Accounts Payable and Accrued Expenses - Ending $167”
Total Liabilities.1003
“Deferred Revenue - Beginning $37596 Deferred Revenue - Ending $40342”
Raw XML Appendix135 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.
| Path | # | Value |
|---|---|---|
| IRS990EZ/ActivitiesNotPreviouslyRptInd | 0 | false |
| IRS990EZ/BooksInCareOfDetail/PersonNm | 0 | The MAC Group Management Company |
| IRS990EZ/BooksInCareOfDetail/PhoneNum | 0 | 4699394928 |
| IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt | 0 | 17130 Dallas Pkwy Suite 140 |
| IRS990EZ/BooksInCareOfDetail/USAddress/CityNm | 0 | Dallas |
| IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd | 0 | TX |
| IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd | 0 | 75248 |
| IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt | 0 | 159575 |
| IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt | 0 | 186993 |
| IRS990EZ/ChgMadeToOrgnzngDocNotRptInd | 0 | false |
| IRS990EZ/CostOfGoodsSoldAmt | 0 | 0 |
| IRS990EZ/CostOrOtherBasisExpenseSaleAmt | 0 | 0 |
| IRS990EZ/DonorAdvisedFndsInd | 0 | false |
| IRS990EZ/EngagedInExcessBenefitTransInd | 0 | false |
| IRS990EZ/ExcessOrDeficitForYearAmt | 0 | 24606 |
| IRS990EZ/FeesAndOtherPymtToIndCntrctAmt | 0 | 19538 |
| IRS990EZ/ForeignFinancialAccountInd | 0 | false |
| IRS990EZ/ForeignOfficeInd | 0 | false |
| IRS990EZ/Form1120PolFiledInd | 0 | false |
| IRS990EZ/Form990TotalAssetsGrp/BOYAmt | 0 | 301703 |
| IRS990EZ/Form990TotalAssetsGrp/EOYAmt | 0 | 329030 |
| IRS990EZ/FundraisingGrossIncomeAmt | 0 | 0 |
| IRS990EZ/GrossReceiptsAmt | 0 | 83607 |
| IRS990EZ/InfoInScheduleOPartIIInd | 0 | X |
| IRS990EZ/InfoInScheduleOPartIInd | 0 | X |
| IRS990EZ/InvestmentIncomeAmt | 0 | 4275 |
| IRS990EZ/LandAndBuildingsGrp/BOYAmt | 0 | 138000 |
| IRS990EZ/LandAndBuildingsGrp/EOYAmt | 0 | 138000 |
| IRS990EZ/MadeLoansToFromOfficersInd | 0 | false |
| IRS990EZ/MethodOfAccountingAccrualInd | 0 | X |
| IRS990EZ/NetAssetsOrFundBalancesBOYAmt | 0 | 263632 |
| IRS990EZ/NetAssetsOrFundBalancesEOYAmt | 0 | 288521 |
| IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt | 0 | 263632 |
| IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt | 0 | 288521 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 0 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 1 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 2 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 3 | 10.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 4 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 0 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 1 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 2 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 3 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 4 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 0 | Michael Brown |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 1 | Candy Risher |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 2 | Colleen Wigley |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 3 | Keith Johnson |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 4 | Jay Barnett |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 0 | President |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 1 | Vice President |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 2 | Secretary |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 3 | Treasurer |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 4 | Controller |
| IRS990EZ/OperateHospitalInd | 0 | false |
| IRS990EZ/Organization501cInd | 0 | X |
| IRS990EZ/OrganizationDissolvedEtcInd | 0 | false |
| IRS990EZ/OrganizationHadUBIInd | 0 | false |
| IRS990EZ/OtherAssetsTotalDetail/BOYAmt | 0 | 4128 |
| IRS990EZ/OtherAssetsTotalDetail/EOYAmt | 0 | 4037 |
| IRS990EZ/OtherChangesInNetAssetsAmt | 0 | 283 |
| IRS990EZ/OtherExpensesTotalAmt | 0 | 39463 |
| IRS990EZ/OtherRevenueTotalAmt | 0 | 581 |
| IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt | 0 | NONE |
| IRS990EZ/PartVIOfCompOfHghstPdEmplTxt | 0 | NONE |
| IRS990EZ/PoliticalCampaignActyInd | 0 | false |
| IRS990EZ/PrimaryExemptPurposeTxt | 0 | Property Owners Association to maintain the common areas of the community |
| IRS990EZ/ProgramServiceRevenueAmt | 0 | 78751 |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt | 0 | Maintenance of the Common Areas of the Community Property for the Benefit of the Neighborhood |
| IRS990EZ/ProhibitedTaxShelterTransInd | 0 | false |
| IRS990EZ/RelatedOrganizationCtrlEntInd | 0 | false |
| IRS990EZ/ScheduleBNotRequiredInd | 0 | X |
| IRS990EZ/SpecialEventsDirectExpensesAmt | 0 | 0 |
| IRS990EZ/SubjectToProxyTaxInd | 0 | false |
| IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt | 0 | 38071 |
| IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt | 0 | 40509 |
| IRS990EZ/TanningServicesProvidedInd | 0 | false |
| IRS990EZ/TaxImposedOnOrganizationMgrAmt | 0 | 0 |
| IRS990EZ/TaxImposedUnderIRC4911Amt | 0 | 0 |
| IRS990EZ/TaxImposedUnderIRC4912Amt | 0 | 0 |
| IRS990EZ/TaxImposedUnderIRC4955Amt | 0 | 0 |
| IRS990EZ/TaxReimbursedByOrganizationAmt | 0 | 0 |
| IRS990EZ/TotalExpensesAmt | 0 | 59001 |
| IRS990EZ/TotalRevenueAmt | 0 | 83607 |
| IRS990EZ/TransactionWithControlEntInd | 0 | false |
| IRS990EZ/TypeOfOrganizationCorpInd | 0 | X |
| IRS990EZ/WebsiteAddressTxt | 0 | N/A |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 0 | Other Income $581 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 1 | Office Expenses $4164 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 2 | Insurance $7384 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 3 | Landscaping $21823 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 4 | Repairs and Maintenance $3378 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 5 | Utilities $2714 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 6 | Accounts Receivable - Beginning $59 Accounts Receivable - Ending $1154 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 7 | Prepaid Expenses and Deferred Charges - Beginning $4069 Prepaid Expenses and Deferred Charges - Ending $2883 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 8 | Accounts Payable and Accrued Expenses - Beginning $475 Accounts Payable and Accrued Expenses - Ending $167 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 9 | Deferred Revenue - Beginning $37596 Deferred Revenue - Ending $40342 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 0 | Other Revenue.1 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 1 | Other Expenses.1002 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 2 | Other Expenses.1012 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 3 | Other Expenses.1 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 4 | Other Expenses.2 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 5 | Other Expenses.3 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 6 | Other Assets.1005 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 7 | Other Assets.1011 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 8 | Total Liabilities.1001 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 9 | Total Liabilities.1003 |
| ReturnHeader/BuildTS | 0 | 2025-03-06 01:10:19Z |
| ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd | 0 | true |
| ReturnHeader/BusinessOfficerGrp/PersonNm | 0 | Michael Brown |
| ReturnHeader/BusinessOfficerGrp/PersonTitleTxt | 0 | President |
| ReturnHeader/BusinessOfficerGrp/SignatureDt | 0 | 2025-10-10 |
| ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt | 0 | Emerald Sound Property |
| ReturnHeader/Filer/BusinessName/BusinessNameLine2Txt | 0 | Owners Association |
| ReturnHeader/Filer/BusinessNameControlTxt | 0 | EMER |
| ReturnHeader/Filer/EIN | 0 | 752510406 |
| ReturnHeader/Filer/PhoneNum | 0 | 4699394928 |
| ReturnHeader/Filer/USAddress/AddressLine1Txt | 0 | 17130 Dallas Pkwy 140 |
| ReturnHeader/Filer/USAddress/CityNm | 0 | Dallas |
| ReturnHeader/Filer/USAddress/StateAbbreviationCd | 0 | TX |
| ReturnHeader/Filer/USAddress/ZIPCd | 0 | 75248 |
| ReturnHeader/IRSResponsiblePrtyInfoCurrInd | 0 | true |
| ReturnHeader/PreparerFirmGrp/PreparerFirmEIN | 0 | 820961820 |
| ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt | 0 | Canady & Canady LLC |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt | 0 | 4801 Woodway Dr Suite 470-E |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm | 0 | Houston |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd | 0 | TX |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd | 0 | 77056 |
| ReturnHeader/PreparerPersonGrp/PhoneNum | 0 | 7137831021 |
| ReturnHeader/PreparerPersonGrp/PreparerPersonNm | 0 | Scott Scarborough |
| ReturnHeader/ReturnTs | 0 | 2025-10-10T01:21:35-07:00 |
| ReturnHeader/ReturnTypeCd | 0 | 990EZ |
| ReturnHeader/TaxPeriodBeginDt | 0 | 2024-01-01 |
| ReturnHeader/TaxPeriodEndDt | 0 | 2024-12-31 |
| ReturnHeader/TaxYr | 0 | 2024 |
Document Assets
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