Civic Intelligence

Virginia Woods Property Owners

EIN 75-2723299 • 501(c)3 • Mckinney, TX

Profile

HOMEOWNERS ASSOCIATION

PO Box 6082Mckinney, TX 75071

vwpoa.com

Siviq Scores

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

Liabilities / Assets

Score unavailable

No value available

Liabilities-to-assets requires both liabilities and assets on the latest valid filing.

Source year 2024

Liabilities / Revenue

Score unavailable

No value available

Liabilities-to-revenue requires both liabilities and revenue on the latest valid filing.

Source year 2024

Net Margin

19th percentile

-32%

Higher net margin than 19% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2024

Top Officer Pay

81st percentile

$0

Higher top officer pay than 81% of similar nonprofits.

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

501(c)3 • <$500k nonprofits • Source year 2024

Asset Growth

37th percentile

-13%

Faster asset growth than 37% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2023 to 2024

Revenue Growth

59th percentile

5.5%

Faster revenue growth than 59% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2023 to 2024

Balance Sheet
Liabilities / AssetsScore unavailable

Assets

Down

$147,914

Down $21,622 (-13%) from 2023

Liabilities

-

No earlier filing loaded for comparison.

Net Assets

$147,914

No earlier filing loaded for comparison.

Operations
Liabilities / RevenueScore unavailableNet Margin19th percentile

Revenue

Up

$68,513

Up $3,573 (+5.5%) from 2023

Expenses

Up

$90,135

Up $14,513 (+19%) from 2023

Net Income

Down

-$21,622

Down $10,940 (-102%) from 2023

Trend Graphs

Balance Sheet Trend

Asset Growth37th percentile

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

$200K$150K$100K$50K$0Assets 2014: $32,969Liabilities 2014: $02014Assets 2015: $121,551Liabilities 2015: $02015Assets 2016: $123,369Liabilities 2016: $02016Assets 2017: $134,029Liabilities 2017: $02017Assets 2018: $133,255Liabilities 2018: $02018Assets 2019: $107,963Liabilities 2019: $02019Assets 2020: $123,548Liabilities 2020: $02020Assets 2021: $159,853Net Assets 2021: $159,8532021Assets 2022: $180,218Net Assets 2022: $180,2182022Assets 2023: $169,536Liabilities 2023: $02023Assets 2024: $147,914Net Assets 2024: $147,9142024

Highlighted filing

2024

Assets$147,914
Liabilities-
Net Assets$147,914
Open 2024 Filing

Operations Trend

Revenue Growth59th percentile

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

$100K$50K$0-$50KRevenue 2014: $53,972Expenses 2014: $42,622Net Income 2014: $11,3502014Revenue 2015: $56,091Expenses 2015: $57,509Net Income 2015: -$1,4182015Revenue 2016: $50,509Expenses 2016: $48,691Net Income 2016: $1,8182016Revenue 2017: $49,925Expenses 2017: $39,265Net Income 2017: $10,6602017Revenue 2018: $54,015Expenses 2018: $54,789Net Income 2018: -$7742018Revenue 2019: $53,092Expenses 2019: $80,242Net Income 2019: -$27,1502019Revenue 2020: $65,881Expenses 2020: $50,296Net Income 2020: $15,5852020Revenue 2021: $69,530Expenses 2021: $59,050Net Income 2021: $10,4802021Revenue 2022: $66,307Expenses 2022: $45,942Net Income 2022: $20,3652022Revenue 2023: $64,940Expenses 2023: $75,622Net Income 2023: -$10,6822023Revenue 2024: $68,513Expenses 2024: $90,135Net Income 2024: -$21,6222024

Highlighted filing

2024

Revenue$68,513
Expenses$90,135
Net Income-$21,622
Open 2024 Filing

Filings

Most recent year

2024 • Form 990EZXML pending. An XML filing is linked for this year, but detailed extraction is still pending.

Open filing
Assets
$147,914
Liabilities
-
Net assets
$147,914
Revenue
$68,513
Expenses
$90,135
Net income
-$21,622
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.48$1.48$0.69$0.90$0.22
2023Summary only. Only limited summary data is available for this year.$1.70$0.00$0.65$0.76$0.11
2022Detailed filing. Detailed filing data is available for this year.$1.80$1.80$0.66$0.46$0.20
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.60$1.60$0.70$0.59$0.10
2020Summary only. Only limited summary data is available for this year.$1.24$0.00$0.66$0.50$0.16
2019Summary only. Only limited summary data is available for this year.$1.08$0.00$0.53$0.80$0.27
2018Summary only. Only limited summary data is available for this year.$1.33$0.00$0.54$0.55$0.01
2017Summary only. Only limited summary data is available for this year.$1.34$0.00$0.50$0.39$0.11
2016Summary only. Only limited summary data is available for this year.$1.23$0.00$0.51$0.49$0.02
2015Summary only. Only limited summary data is available for this year.$1.22$0.00$0.56$0.58$0.01
2014Summary only. Only limited summary data is available for this year.$0.33$0.00$0.54$0.43$0.11
Latest Detailed Filing

The latest 2024 filing currently has linked XML that has not been fully parsed yet. Showing the latest detailed filing from 2022 below.

Jump To
Filing Snapshot
Filing Period
Jan 1, 2022 to Dec 31, 2022
Signed
Aug 20, 2023
Return Version
2022v5.0
Gross Receipts
$66,307
Mission and Program Overview

Mission

HOMEOWNERS ASSOCIATION

Program Services

DescriptionGrantsExpenses
MAINTENANCE OF THE SUBDIVISION - POOL, LANDSCAPING, PARK$0$28,346
UTILITIES, INSURANCE, TAXES AND PEMITS,SOCIAL, ROUTINE REPAIRS AND MAINTENANCE,ADMIN EXPENSES$0$16,796
IMPROVEMENTS - COMPLETED SPRINKLER SYSTEM UPGRADE$0$800
Compensation and Service Providers
Top Officer Pay81st percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
MICHEAL MCDANIELPresident-$0--
NICOLE RAMSYVice President-$0--
SAMMY HICKSSecretary-$0--
RICHARD E DOWNINGTreasurer-$0--
Filing and Contact Details

Filer

Filer Name
Virginia Woods Property Owners
EIN
75-2723299
Phone
2147339623
Address
PO BOX 6082, MCKINNEY, TX 75071

Signing Officer

Name
Richard E Downing
Title
Treasurer
Phone
2147339623
Signed
2023-08-20

Preparer

Firm
Valiant Solutions Group LLC
Address
4808 Carolina Cir, McKinney, TX 75071
Preparer
Richard E Downing
Phone
9726588318
Supplemental Narrative

Additional Explanations

Form 990EZ, Part I, Line 16

“IMPROVEMENTS 800.”

Form 990EZ, Part I, Line 16

“INSURANCE 3529.”

Form 990EZ, Part I, Line 16

“Social/flag/welcome/decor 464.”

Form 990EZ, Part I, Line 16

“ADMIN SUPPLIES 665.”

Form 990EZ, Part I, Line 16

“PERMITS/FEES/TAXES 568.”

Raw XML Appendix184 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/ActivitiesNotPreviouslyRptInd0false
IRS990EZ/BooksInCareOfDetail/PersonNm0RICHARD E DOWNING
IRS990EZ/BooksInCareOfDetail/PhoneNum09726588318
IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt04808 CAROLINA CIRCLE
IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0MCKINNEY
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0TX
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd075071
IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt042853
IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt063218
IRS990EZ/ChgMadeToOrgnzngDocNotRptInd0false
IRS990EZ/ContributionsGiftsGrantsEtcAmt00
IRS990EZ/CostOfGoodsSoldAmt00
IRS990EZ/CostOrOtherBasisExpenseSaleAmt00
IRS990EZ/DonorAdvisedFndsInd0false
IRS990EZ/EngagedInExcessBenefitTransInd0false
IRS990EZ/ExcessOrDeficitForYearAmt020365
IRS990EZ/FeesAndOtherPymtToIndCntrctAmt028346
IRS990EZ/FiledScheduleAInd0true
IRS990EZ/ForeignFinancialAccountInd0false
IRS990EZ/ForeignOfficeInd0false
IRS990EZ/Form1120PolFiledInd0false
IRS990EZ/Form990TotalAssetsGrp/BOYAmt0159853
IRS990EZ/Form990TotalAssetsGrp/EOYAmt0180218
IRS990EZ/FundraisingGrossIncomeAmt00
IRS990EZ/GainOrLossFromSaleOfAssetsAmt00
IRS990EZ/GrossProfitLossSlsOfInvntryAmt00
IRS990EZ/GrossReceiptsAmt066307
IRS990EZ/GrossReceiptsForPublicUseAmt00
IRS990EZ/InfoInScheduleOPartIInd0X
IRS990EZ/InitiationFeesAndCapContriAmt00
IRS990EZ/InvestmentIncomeAmt02
IRS990EZ/LandAndBuildingsGrp/BOYAmt0117000
IRS990EZ/LandAndBuildingsGrp/EOYAmt0117000
IRS990EZ/LobbyingActivitiesInd0false
IRS990EZ/MadeLoansToFromOfficersInd0false
IRS990EZ/MembershipDuesAmt066305
IRS990EZ/MethodOfAccountingCashInd0X
IRS990EZ/NetAssetsOrFundBalancesBOYAmt0159853
IRS990EZ/NetAssetsOrFundBalancesEOYAmt0180218
IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt0159853
IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt0180218
IRS990EZ/OccupancyRentUtltsAndMaintAmt011570
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt03.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt13.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt22.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt32.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt30
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt30
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt30
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0MICHEAL MCDANIEL
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm1NICOLE RAMSY
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm2SAMMY HICKS
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm3RICHARD E DOWNING
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0PRESIDENT
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1VICE PRESIDENT
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2SECRETARY
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt3TREASURER
IRS990EZ/OperateHospitalInd0false
IRS990EZ/Organization501c3Ind0X
IRS990EZ/OrganizationDissolvedEtcInd0false
IRS990EZ/OrganizationHadUBIInd0false
IRS990EZ/OtherExpensesTotalAmt06026
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt0NONE
IRS990EZ/PartVIOfCompOfHghstPdEmplTxt0NONE
IRS990EZ/PoliticalCampaignActyInd0false
IRS990EZ/PrimaryExemptPurposeTxt0HOMEOWNERS ASSOCIATION
IRS990EZ/ProgramServiceRevenueAmt00
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0MAINTENANCE OF THE SUBDIVISION - POOL, LANDSCAPING, PARK
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt1IMPROVEMENTS - COMPLETED SPRINKLER SYSTEM UPGRADE
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt2UTILITIES, INSURANCE, TAXES AND PEMITS,SOCIAL, ROUTINE REPAIRS AND MAINTENANCE,ADMIN EXPENSES
IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt00
IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt10
IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt20
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt028346
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt1800
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt216796
IRS990EZ/ProhibitedTaxShelterTransInd0false
IRS990EZ/RelatedOrganizationCtrlEntInd0false
IRS990EZ/ScheduleBNotRequiredInd0X
IRS990EZ/SchoolOperatingInd0false
IRS990EZ/SpecialEventsDirectExpensesAmt00
IRS990EZ/SpecialEventsNetIncomeLossAmt00
IRS990EZ/SubjectToProxyTaxInd0false
IRS990EZ/TanningServicesProvidedInd0false
IRS990EZ/TotalExpensesAmt045942
IRS990EZ/TotalProgramServiceExpensesAmt045942
IRS990EZ/TotalRevenueAmt066307
IRS990EZ/TransactionWithControlEntInd0false
IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990EZ/WebsiteAddressTxt0VWPOA.COM
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/TotalAmt00
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt066305
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt069407
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus2YearsAmt065881
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus3YearsAmt053031
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus4YearsAmt053873
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt0308497
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearAmt02
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus1YearAmt02
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus2YearsAmt01
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus3YearsAmt061
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus4YearsAmt0142
IRS990ScheduleA/GrossInvestmentIncome509Grp/TotalAmt0208
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt00
IRS990ScheduleA/GrossReceiptsNonUnrltBusGrp/TotalAmt00
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearAmt02
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus1YearAmt02
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus2YearsAmt01
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus3YearsAmt061
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus4YearsAmt0142
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/TotalAmt0208
IRS990ScheduleA/InvestmentIncomeCYPct00.00070
IRS990ScheduleA/InvestmentIncomePYPct00.00100
IRS990ScheduleA/OtherSupportSumAmt00
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00
IRS990ScheduleA/PublicSupportCY509Pct00.99930
IRS990ScheduleA/PublicSupportPY509Pct00.99900
IRS990ScheduleA/PublicSupportTotal509Amt0308497
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/TotalAmt00
IRS990ScheduleA/SubstantialContributorsAmtGrp/TotalAmt00
IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft509Grp/TotalAmt00
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt066305
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt069407
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt065881
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt053031
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt053873
IRS990ScheduleA/Total509Grp/TotalAmt0308497
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt0308705
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0IMPROVEMENTS 800.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1INSURANCE 3529.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2SOCIAL/FLAG/WELCOME/DECOR 464.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3ADMIN SUPPLIES 665.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4PERMITS/FEES/TAXES 568.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990EZ, Part I, Line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990EZ, Part I, Line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Form 990EZ, Part I, Line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Form 990EZ, Part I, Line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Form 990EZ, Part I, Line 16
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/AuthenticationAssuranceLevelCd0AAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/FederatedAssuranceLevelCd0FAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/IdentityAssuranceLevelCd0IAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/TrustedCustomerCd03
ReturnHeader/BuildTS02023-04-26 12:10:37Z
ReturnHeader/BusinessOfficerGrp/PersonNm0RICHARD E DOWNING
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0TREASURER
ReturnHeader/BusinessOfficerGrp/PhoneNum02147339623
ReturnHeader/BusinessOfficerGrp/SignatureDt02023-08-20
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0VIRGINIA WOODS PROPERTY OWNERS
ReturnHeader/Filer/BusinessNameControlTxt0VIRG
ReturnHeader/Filer/EIN0752723299
ReturnHeader/Filer/PhoneNum02147339623
ReturnHeader/Filer/USAddress/AddressLine1Txt0PO BOX 6082
ReturnHeader/Filer/USAddress/CityNm0MCKINNEY
ReturnHeader/Filer/USAddress/StateAbbreviationCd0TX
ReturnHeader/Filer/USAddress/ZIPCd075071
ReturnHeader/IRSResponsiblePrtyInfoCurrInd0true
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0455413044
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0Valiant Solutions Group LLC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt04808 Carolina Cir
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0McKinney
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0TX
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd075071
ReturnHeader/PreparerPersonGrp/PhoneNum09726588318
ReturnHeader/PreparerPersonGrp/PreparationDt02023-08-20
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0Richard E Downing
ReturnHeader/ReturnTs02023-08-20T08:42:59-07:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0RICHARD
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0DOWNING
ReturnHeader/TaxPeriodBeginDt02022-01-01
ReturnHeader/TaxPeriodEndDt02022-12-31
ReturnHeader/TaxYr02022

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