Civic Intelligence

Riverbend Owners Association

EIN 75-2550351 • 501(c)4 • Burleson, TX

Profile

To administer and enforce certain covenants, restrictions, charges and liens applicable to certain real property located in the riverbend area in tarrant county, texas

1013 Palo Oaks DriveBurleson, TX 76028

n/A

Siviq Scores

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

Liabilities / Assets

59th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

501(c)4 • <$500k nonprofits • Source year 2024

Liabilities / Revenue

61st percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

501(c)4 • <$500k nonprofits • Source year 2024

Net Margin

90th percentile

42%

Higher net margin than 90% of similar nonprofits.

501(c)4 • <$500k nonprofits • Source year 2024

Top Officer Pay

89th percentile

$0

Higher top officer pay than 89% of similar nonprofits.

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

501(c)4 • <$500k nonprofits • Source year 2024

Asset Growth

90th percentile

41%

Faster asset growth than 90% of similar nonprofits.

501(c)4 • <$500k nonprofits • Annualized from 2023 to 2024

Revenue Growth

46th percentile

-3.9%

Faster revenue growth than 46% of similar nonprofits.

501(c)4 • <$500k nonprofits • Annualized from 2023 to 2024

Assets

Up

$254,216

Up $73,425 (+41%) from 2023

Liabilities

Flat

$0

Flat from 2023

Net Assets

Up

$254,216

Up $73,425 (+41%) from 2023

Revenue

Down

$173,422

Down $7,048 (-3.9%) from 2023

Expenses

Down

$99,997

Down $13,546 (-12%) from 2023

Net Income

Up

$73,425

Up $6,498 (+9.7%) from 2023

Trend Graphs

Balance Sheet Trend

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

$400K$300K$200K$100K$0Assets 2011: $100,743Liabilities 2011: $02011Assets 2012: $133,050Liabilities 2012: $02012Assets 2013: $145,237Liabilities 2013: $0Net Assets 2013: $145,2372013Assets 2014: $181,469Liabilities 2014: $0Net Assets 2014: $181,4692014Assets 2015: $172,786Liabilities 2015: $0Net Assets 2015: $172,7862015Assets 2016: $193,182Liabilities 2016: $0Net Assets 2016: $193,1822016Assets 2017: $248,802Liabilities 2017: $0Net Assets 2017: $248,8022017Assets 2018: $248,141Liabilities 2018: $0Net Assets 2018: $248,1412018Assets 2019: $274,561Liabilities 2019: $1,000Net Assets 2019: $273,5612019Assets 2020: $328,871Liabilities 2020: $6,000Net Assets 2020: $322,8712020Assets 2021: $351,197Liabilities 2021: $0Net Assets 2021: $351,1972021Assets 2022: $113,864Liabilities 2022: $0Net Assets 2022: $113,8642022Assets 2023: $180,791Liabilities 2023: $0Net Assets 2023: $180,7912023Assets 2024: $254,216Liabilities 2024: $0Net Assets 2024: $254,2162024

Highlighted filing

2024

Assets$254,216
Liabilities$0
Net Assets$254,216

Operations Trend

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

$400K$200K$0-$200K-$400KRevenue 2011: $96,789Expenses 2011: $68,794Net Income 2011: $27,9952011Revenue 2012: $97,149Expenses 2012: $64,842Net Income 2012: $32,3072012Revenue 2013: $95,242Expenses 2013: $83,055Net Income 2013: $12,1872013Revenue 2014: $92,851Expenses 2014: $56,619Net Income 2014: $36,2322014Revenue 2015: $91,611Expenses 2015: $100,294Net Income 2015: -$8,6832015Revenue 2016: $91,779Expenses 2016: $71,383Net Income 2016: $20,3962016Revenue 2017: $113,993Expenses 2017: $58,373Net Income 2017: $55,6202017Revenue 2018: $111,758Expenses 2018: $112,419Net Income 2018: -$6612018Revenue 2019: $105,767Expenses 2019: $80,347Net Income 2019: $25,4202019Revenue 2020: $132,258Expenses 2020: $82,948Net Income 2020: $49,3102020Revenue 2021: $146,139Expenses 2021: $117,813Net Income 2021: $28,3262021Revenue 2022: $153,392Expenses 2022: $390,725Net Income 2022: -$237,3332022Revenue 2023: $180,470Expenses 2023: $113,543Net Income 2023: $66,9272023Revenue 2024: $173,422Expenses 2024: $99,997Net Income 2024: $73,4252024

Highlighted filing

2024

Revenue$173,422
Expenses$99,997
Net Income$73,425

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$2.54$0.00$2.54$1.73$1.00$0.73
2023Detailed filing. Detailed filing data is available for this year.$1.81$0.00$1.81$1.80$1.14$0.67
2022Detailed filing. Detailed filing data is available for this year.$1.14$0.00$1.14$1.53$3.91$2.37
2021Detailed filing. Detailed filing data is available for this year.$3.51$0.00$3.51$1.46$1.18$0.28
2020Detailed filing. Detailed filing data is available for this year.$3.29$0.06$3.23$1.32$0.83$0.49
2019Detailed filing. Detailed filing data is available for this year.$2.75$0.01$2.74$1.06$0.80$0.25
2018Detailed filing. Detailed filing data is available for this year.$2.48$0.00$2.48$1.12$1.12$0.01
2017Detailed filing. Detailed filing data is available for this year.$2.49$0.00$2.49$1.14$0.58$0.56
2016Detailed filing. Detailed filing data is available for this year.$1.93$0.00$1.93$0.92$0.71$0.20
2015Detailed filing. Detailed filing data is available for this year.$1.73$0.00$1.73$0.92$1.00$0.09
2014Detailed filing. Detailed filing data is available for this year.$1.81$0.00$1.81$0.93$0.57$0.36
2013Detailed filing. Detailed filing data is available for this year.$1.45$0.00$1.45$0.95$0.83$0.12
2012Summary only. Only limited summary data is available for this year.$1.33$0.00$0.97$0.65$0.32
2011Summary only. Only limited summary data is available for this year.$1.01$0.00$0.97$0.69$0.28
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
May 14, 2025
Return Version
2024v5.1
Gross Receipts
$173,422
Mission and Program Overview

Mission

To administer and enforce certain covenants, restrictions, charges and liens applicable to certain real property located in the riverbend area in tarrant county, texas

Program Services

DescriptionGrantsExpenses
TO ADMINISTER AND ENFORCE CERTAIN COVENANTS, RESTRICTIONS, CHARGES AND LIENS APPLICABLE TO CERTAIN REAL PROPERTY LOCATED IN THE RIVERBEND AREA IN TARRANT COUNTY, TEXAS$0$99,997
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
R BRUCE HARTINPresident/Director-$0--
WILLIAM G RICKETTSecretary/Director-$0--
Filing and Contact Details

Filer

Filer Name
Riverbend Owners Association
EIN
75-2550351
Phone
8178857924
Address
1013 PALO OAKS DRIVE, BURLESON, TX 76028

Signing Officer

Name
William G Rickett
Title
Officer
Phone
8178857924
Signed
2025-05-14
Discuss with paid preparer
Yes

Preparer

Firm
The Walton Group LLC
Address
6100 SOUTHWEST BLVD STE 400, FORT WORTH, TX 76109
Preparer
Mark L Walton
Phone
8177311155
Supplemental Narrative

Additional Explanations

Form 990-ez, Part I, Line 4 - Other Investment Income

Description: interest income. Amount: 11,648.

Form 990-ez, Part I, Line 16 - Other Expenses

Description: grounds care. Amount: 53,876. Description: repairs. Amount: 25,612. Description: utilities. Amount: 3,775. Description: other expense. Amount: 3,324. Total to form 990-ez, line 16: 86,587.

Raw XML Appendix101 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/ActivitiesNotPreviouslyRptInd00
IRS990EZ/BooksInCareOfDetail/BusinessName/BusinessNameLine1Txt0CHARLOTTE BASTA
IRS990EZ/BooksInCareOfDetail/PhoneNum08178857924
IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt01013 PALO OAKS DRIVE
IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0BURLESON
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0TX
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd076028
IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt0180791
IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt0254216
IRS990EZ/ChgMadeToOrgnzngDocNotRptInd00
IRS990EZ/DirectIndirectPltclExpendAmt00
IRS990EZ/DonorAdvisedFndsInd00
IRS990EZ/EngagedInExcessBenefitTransInd00
IRS990EZ/ExcessOrDeficitForYearAmt073425
IRS990EZ/FeesAndOtherPymtToIndCntrctAmt013410
IRS990EZ/ForeignFinancialAccountInd00
IRS990EZ/ForeignOfficeInd00
IRS990EZ/Form990TotalAssetsGrp/BOYAmt0180791
IRS990EZ/Form990TotalAssetsGrp/EOYAmt0254216
IRS990EZ/GrossReceiptsAmt0173422
IRS990EZ/InfoInScheduleOPartIIIInd0X
IRS990EZ/InfoInScheduleOPartIInd0X
IRS990EZ/InfoInScheduleOPartVInd0X
IRS990EZ/InvestmentIncomeAmt011648
IRS990EZ/MadeLoansToFromOfficersInd00
IRS990EZ/MembershipDuesAmt0161774
IRS990EZ/MethodOfAccountingCashInd0X
IRS990EZ/NetAssetsOrFundBalancesBOYAmt0180791
IRS990EZ/NetAssetsOrFundBalancesEOYAmt0254216
IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt0180791
IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt0254216
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt00.50
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt10.50
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0R BRUCE HARTIN
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm1WILLIAM G RICKETT
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0PRESIDENT/DIRECTOR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1SECRETARY/DIRECTOR
IRS990EZ/OperateHospitalInd00
IRS990EZ/Organization501cInd0X
IRS990EZ/OrganizationDissolvedEtcInd00
IRS990EZ/OrganizationHadUBIInd00
IRS990EZ/OtherChangesInNetAssetsAmt00
IRS990EZ/OtherExpensesTotalAmt086587
IRS990EZ/PoliticalCampaignActyInd00
IRS990EZ/PrimaryExemptPurposeTxt0TO ADMINISTER AND ENFORCE CERTAIN COVENANTS, RESTRICTIONS, CHARGES AND LIENS APPLICABLE TO CERTAIN REAL PROPERTY LOCATED IN THE RIVERBEND AREA IN TARRANT COUNTY, TEXAS
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0TO ADMINISTER AND ENFORCE CERTAIN COVENANTS, RESTRICTIONS, CHARGES AND LIENS APPLICABLE TO CERTAIN REAL PROPERTY LOCATED IN THE RIVERBEND AREA IN TARRANT COUNTY, TEXAS
IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt00
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt099997
IRS990EZ/ProhibitedTaxShelterTransInd00
IRS990EZ/RelatedOrganizationCtrlEntInd00
IRS990EZ/ScheduleBNotRequiredInd0X
IRS990EZ/SubjectToProxyTaxInd00
IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt00
IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt00
IRS990EZ/TanningServicesProvidedInd00
IRS990EZ/TaxImposedOnOrganizationMgrAmt00
IRS990EZ/TaxReimbursedByOrganizationAmt00
IRS990EZ/TotalExpensesAmt099997
IRS990EZ/TotalProgramServiceExpensesAmt099997
IRS990EZ/TotalRevenueAmt0173422
IRS990EZ/TypeOfOrganizationAssocInd0X
IRS990EZ/WebsiteAddressTxt0N/A
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0DESCRIPTION: INTEREST INCOME. AMOUNT: 11,648.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1DESCRIPTION: GROUNDS CARE. AMOUNT: 53,876. DESCRIPTION: REPAIRS. AMOUNT: 25,612. DESCRIPTION: UTILITIES. AMOUNT: 3,775. DESCRIPTION: OTHER EXPENSE. AMOUNT: 3,324. TOTAL TO FORM 990-EZ, LINE 16: 86,587.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990-EZ, PART I, LINE 4 - OTHER INVESTMENT INCOME
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990-EZ, PART I, LINE 16 - OTHER EXPENSES
TransferPrsnlBnftContractsDecl/DeclarationDesc0THE ORGANIZATION DID NOT, DURING THE YEAR, RECEIVE ANY FUNDS, DIRECTLY,OR INDIRECTLY, TO PAY PREMIUMS ON A PERSONAL BENEFIT CONTRACT.THE ORGANIZATION, DID NOT, DURING THE YEAR, PAY ANY PREMIUMS, DIRECTLY,OR INDIRECTLY, ON A PERSONAL BENEFIT CONTRACT.
ReturnHeader/BuildTS02025-03-06 01:10:19Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0WILLIAM G RICKETT
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0OFFICER
ReturnHeader/BusinessOfficerGrp/PhoneNum08178857924
ReturnHeader/BusinessOfficerGrp/SignatureDt02025-05-14
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0RIVERBEND OWNERS ASSOCIATION
ReturnHeader/Filer/BusinessNameControlTxt0RIVE
ReturnHeader/Filer/EIN0752550351
ReturnHeader/Filer/PhoneNum08178857924
ReturnHeader/Filer/USAddress/AddressLine1Txt01013 PALO OAKS DRIVE
ReturnHeader/Filer/USAddress/CityNm0BURLESON
ReturnHeader/Filer/USAddress/StateAbbreviationCd0TX
ReturnHeader/Filer/USAddress/ZIPCd076028
ReturnHeader/IRSResponsiblePrtyInfoCurrInd01
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0752947680
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0THE WALTON GROUP LLC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt06100 SOUTHWEST BLVD STE 400
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0FORT WORTH
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0TX
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd076109
ReturnHeader/PreparerPersonGrp/PhoneNum08177311155
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0MARK L WALTON
ReturnHeader/ReturnTs02025-05-14T13:19:31-05:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02024-01-01
ReturnHeader/TaxPeriodEndDt02024-12-31
ReturnHeader/TaxYr02024

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