Civic Intelligence

Kings Ridge Homeowners Association

EIN 75-2921146 • 501(c)4 • Dallas, TX

Profile

The association has been organized for the following purposes: to promote the safety, welfare and enjoyment of the residents within the properly and such additions thereto as may hereafter be brought within the jurisdiction of the association by annexation as provided in section 6.02 below and for this purpose to: (a) own, acquire, operate and maintain commons, streets, footways and personal properties incident thereto (b) provide exterior maintenance for the lots and homes within the property (c) provide garbage and trash collection (d) maintain unkempt lands or trees (e) supplement municipal services (t) fix assessments (or charges) to be levied against the property enforce any and all covenants, restrictions and agreements applicable to the (h) pay taxes, if any, on the common properties and (i) insofar as permitted by law, to do any other thing that, in the opinion of the board of directors, will promote the common benefit and enjoyment of the residents.

PO Box 803555Dallas, TX 75380

kingsridgehoa.net

Siviq Scores

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

Liabilities / Assets

83rd percentile

0.36x

Higher debt load relative to assets than 83% of similar nonprofits.

501(c)4 • $500k-$1M nonprofits • Source year 2024

Liabilities / Revenue

83rd percentile

0.52x

Higher debt load relative to revenue than 83% of similar nonprofits.

501(c)4 • $500k-$1M nonprofits • Source year 2024

Net Margin

29th percentile

-3.2%

Higher net margin than 29% of similar nonprofits.

501(c)4 • $500k-$1M nonprofits • Source year 2024

Top Officer Pay

Score unavailable

No value available

No filing with officer rows is available for this organization yet.

Asset Growth

Score unavailable

No value available

No earlier valid filing was available within the previous three public years.

Source year 2024

Revenue Growth

Score unavailable

No value available

No earlier valid filing was available within the previous three public years.

Source year 2024

Assets

$911,528

No earlier filing loaded for comparison.

Liabilities

$325,089

No earlier filing loaded for comparison.

Net Assets

$586,439

No earlier filing loaded for comparison.

Revenue

$630,230

No earlier filing loaded for comparison.

Expenses

$650,496

No earlier filing loaded for comparison.

Net Income

-$20,266

No earlier filing loaded for comparison.

Trend Graphs

Balance Sheet Trend

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

$1.0M$500K$0Assets 2024: $911,528Liabilities 2024: $325,089Net Assets 2024: $586,4392024

Highlighted filing

2024

Assets$911,528
Liabilities$325,089
Net Assets$586,439

Operations Trend

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

$800K$600K$400K$200K$0-$200KRevenue 2024: $630,230Expenses 2024: $650,496Net Income 2024: -$20,2662024

Highlighted filing

2024

Revenue$630,230
Expenses$650,496
Net Income-$20,266

Filings

Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
Apr 24, 2025
Return Version
2024v5.0
Gross Receipts
$630,230
Mission and Program Overview

Mission

The association has been organized for the following purposes: to promote the safety, welfare and enjoyment of the residents within the properly and such additions thereto as may hereafter be brought within the jurisdiction of the association by annexation as provided in section 6.02 below and for this purpose to: (a) own, acquire, operate and maintain commons, streets, footways and personal properties incident thereto (b) provide exterior maintenance for the lots and homes within the property (c) provide garbage and trash collection (d) maintain unkempt lands or trees (e) supplement municipal services (t) fix assessments (or charges) to be levied against the property enforce any and all covenants, restrictions and agreements applicable to the (h) pay taxes, if any, on the common properties and (i) insofar as permitted by law, to do any other thing that, in the opinion of the board of directors, will promote the common benefit and enjoyment of the residents.

Balance Sheet Detail
LineBeginningEndChange
Assets
Savings and Temporary Cash Investments-$611,414-
Rtn Earn Endowment Incm Other Fnds$606,705$586,439▼ $20,266
Cash and Non-Interest-Bearing Accounts$916,043$283,576▼ $632,467
Accounts Receivable$10,531$10,315▼ $216
Prepaid Expenses and Deferred Charges$4,401$6,223▲ $1,822
Total Assets$930,975$911,528▼ $19,447
Liabilities
Deferred Revenue$280,482$306,355▲ $25,873
Accounts Payable and Accrued Expenses$5,503$15,794▲ $10,291
Other Liabilities$38,285$2,940▼ $35,345
Total Liabilities$324,270$325,089▲ $819
Net Assets / Fund Balance
Total Net Assets Fund Balance$606,705$586,439▼ $20,266
Total Liabilities and Net Assets / Fund Balance$930,975$911,528▼ $19,447
Compensation and Service Providers

Board Members and Trustees

NameTitle
Paul NoltePresident
Gregory StieblingDirector
Lisa WilliamsSecretary
Michael SturtevantTreasurer
Jerry HogueVice Preside
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$630,230
Investment Income
$0
Other Revenue
$0
Change in Net Assets
$-20,266
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$650,496
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
Occupancy$566,756--$566,756
Fees for Services Management$22,704--$22,704
Fees for Services Accounting-$10,329-$10,329
Insurance$5,149$3,458-$8,607
Fees for Services Legal-$1,520-$1,520
Other Expenses$440$28,449-$440
Total Functional Expenses$606,740$43,756$0$650,496
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
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Other Liabilities$2,940
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
Yes

Governance Explanations

Form 990, Page 6, Part VI, Line 3

The organization has a contract for administrative support with realmanage, a property management company, which provides monthly financial reports and works closely with the board of directors.

Form 990, Page 6, Part VI, Line 6

Homeowners are members of the organization.

Form 990, Page 6, Part VI, Line 7A

The volunteer board members are elected to two-year terms by the homeowner members.

Form 990, Page 6, Part VI, Line 11B

Board will review and approve the 990 prior to filing.

Form 990, Page 6, Part VI, Line 18

The governing documents and financial statements are uploaded to the board and resident portals.

Form 990, Page 6, Part VI, Line 19

The governing documents and financial statements are uploaded to the board and resident portals.

Filing and Contact Details

Filer

Filer Name
Kings Ridge Homeowners Association
EIN
75-2921146
Phone
9723803505
Address
PO BOX 803555, DALLAS, TX 75380

Signing Officer

Name
Paul Nolte
Title
President
Phone
8723803505
Signed
2025-04-24

Organization Details

Principal Officer
Paul Nolte
Formed
2000
Legal Domicile
TX
Voting Board Members
5
Independent Board Members
5
Employees
0

Preparer

Firm
Johnson & Sheldon Pllc
Address
PO BOX 509, AMARILLO, TX 79105-0509
Preparer
Delia D James CPA
Phone
8063717661
Supplemental Narrative

Additional Explanations

FORM 990 - ORGANIZATION'S MISSION

The association has been organized for the following purposes: to promote the safety, welfare and enjoyment of the residents within the properly and such additions thereto as may hereafter be brought within the jurisdiction of the association by annexation as provided in section 6.02 below and for this purpose to: (a) own, acquire, operate and maintain commons, streets, footways and personal properties incident thereto (b) provide exterior maintenance for the lots and homes within the property (c) provide garbage and trash collection (d) maintain unkempt lands or trees (e) supplement municipal services (t) fix assessments (or charges) to be levied against the property enforce any and all covenants, restrictions and agreements applicable to the (h) pay taxes, if any, on the common properties and (i) insofar as permitted by law, to do any other thing that, in the opinion of the board of directors, will promote the common benefit and enjoyment of the residents.

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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/ExplanationTxt0THE ASSOCIATION HAS BEEN ORGANIZED FOR THE FOLLOWING PURPOSES: TO PROMOTE THE SAFETY, WELFARE AND ENJOYMENT OF THE RESIDENTS WITHIN THE PROPERLY AND SUCH ADDITIONS THERETO AS MAY HEREAFTER BE BROUGHT WITHIN THE JURISDICTION OF THE ASSOCIATION BY ANNEXATION AS PROVIDED IN SECTION 6.02 BELOW AND FOR THIS PURPOSE TO: (A) OWN, ACQUIRE, OPERATE AND MAINTAIN COMMONS, STREETS, FOOTWAYS AND PERSONAL PROPERTIES INCIDENT THERETO (B) PROVIDE EXTERIOR MAINTENANCE FOR THE LOTS AND HOMES WITHIN THE PROPERTY (C) PROVIDE GARBAGE AND TRASH COLLECTION (D) MAINTAIN UNKEMPT LANDS OR TREES (E) SUPPLEMENT MUNICIPAL SERVICES (T) FIX ASSESSMENTS (OR CHARGES) TO BE LEVIED AGAINST THE PROPERTY ENFORCE ANY AND ALL COVENANTS, RESTRICTIONS AND AGREEMENTS APPLICABLE TO THE (H) PAY TAXES, IF ANY, ON THE COMMON PROPERTIES AND (I) INSOFAR AS PERMITTED BY LAW, TO DO ANY OTHER THING THAT, IN THE OPINION OF THE BOARD OF DIRECTORS, WILL PROMOTE THE COMMON BENEFIT AND ENJOYMENT OF THE RESIDENTS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE ORGANIZATION HAS A CONTRACT FOR ADMINISTRATIVE SUPPORT WITH REALMANAGE, A PROPERTY MANAGEMENT COMPANY, WHICH PROVIDES MONTHLY FINANCIAL REPORTS AND WORKS CLOSELY WITH THE BOARD OF DIRECTORS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2HOMEOWNERS ARE MEMBERS OF THE ORGANIZATION.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THE VOLUNTEER BOARD MEMBERS ARE ELECTED TO TWO-YEAR TERMS BY THE HOMEOWNER MEMBERS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4BOARD WILL REVIEW AND APPROVE THE 990 PRIOR TO FILING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5THE GOVERNING DOCUMENTS AND FINANCIAL STATEMENTS ARE UPLOADED TO THE BOARD AND RESIDENT PORTALS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6THE GOVERNING DOCUMENTS AND FINANCIAL STATEMENTS ARE UPLOADED TO THE BOARD AND RESIDENT PORTALS.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990 - ORGANIZATION'S MISSION
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PAGE 6, PART VI, LINE 3
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PAGE 6, PART VI, LINE 6
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IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PAGE 6, PART VI, LINE 11B
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IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6FORM 990, PAGE 6, PART VI, LINE 19
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IRS990/TotalProgramServiceExpensesAmt0606740
IRS990/TotalProgramServiceRevenueAmt0630230
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt0630230
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0630230
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt0930975
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt0911528
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/USAddress/AddressLine1Txt0PO BOX 803555
IRS990/USAddress/CityNm0DALLAS
IRS990/USAddress/StateAbbreviationCd0TX
IRS990/USAddress/ZIPCd075380
IRS990/VotingMembersGoverningBodyCnt05
IRS990/VotingMembersIndependentCnt05
IRS990/WebsiteAddressTxt0KINGSRIDGEHOA.NET
IRS990/WhistleblowerPolicyInd0false
ReturnHeader/BuildTS02025-03-06 01:10:19Z
ReturnHeader/BusinessOfficerGrp/PersonNm0PAUL NOLTE
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT
ReturnHeader/BusinessOfficerGrp/PhoneNum08723803505
ReturnHeader/BusinessOfficerGrp/SignatureDt02025-04-24
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0KINGS RIDGE HOMEOWNERS ASSOCIATION
ReturnHeader/Filer/BusinessNameControlTxt0KING
ReturnHeader/Filer/EIN0752921146
ReturnHeader/Filer/PhoneNum09723803505
ReturnHeader/Filer/USAddress/AddressLine1Txt0PO BOX 803555
ReturnHeader/Filer/USAddress/CityNm0DALLAS
ReturnHeader/Filer/USAddress/StateAbbreviationCd0TX
ReturnHeader/Filer/USAddress/ZIPCd075380
ReturnHeader/IRSResponsiblePrtyInfoCurrInd0false
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0463602660
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0JOHNSON & SHELDON PLLC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0PO BOX 509
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0AMARILLO
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0TX
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd0791050509
ReturnHeader/PreparerPersonGrp/PhoneNum08063717661
ReturnHeader/PreparerPersonGrp/PreparationDt02025-07-03
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0DELIA D JAMES CPA
ReturnHeader/ReturnTs02025-07-03T15:04:37-04:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02024-01-01
ReturnHeader/TaxPeriodEndDt02024-12-31
ReturnHeader/TaxYr02024

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