Civic Intelligence

Parks at Walnut Bend Homeowners Assoc Inc

EIN 75-2965947 • 501(c)4 • Cypress, TX

Profile

Welfare of the community at large

12603 Louetta Rd Ste 101Cypress, TX 77429
Siviq Scores

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

Liabilities / Assets

78th percentile

0.10x

Higher debt load relative to assets than 78% of similar nonprofits.

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

Liabilities / Revenue

89th percentile

0.38x

Higher debt load relative to revenue than 89% of similar nonprofits.

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

Net Margin

14th percentile

-45%

Higher net margin than 14% 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

35th percentile

-10%

Faster asset growth than 35% of similar nonprofits.

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

Revenue Growth

52nd percentile

-0.1%

Faster revenue growth than 52% of similar nonprofits.

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

Balance Sheet
Liabilities / Assets78th percentile

Assets

Down

$345,019

Down $40,339 (-10%) from 2023

Liabilities

Up

$34,419

Up $576 (+1.7%) from 2023

Net Assets

Down

$310,600

Down $40,915 (-12%) from 2023

Operations
Liabilities / Revenue89th percentileNet Margin14th percentile

Revenue

Down

$90,778

Down $71 (-0.1%) from 2023

Expenses

Up

$131,693

Up $67,113 (+104%) from 2023

Net Income

Down

-$40,915

Down $67,184 (-256%) from 2023

Trend Graphs

Balance Sheet Trend

Asset Growth35th percentile

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

$400K$300K$200K$100K$0Assets 2011: $123,540Liabilities 2011: $02011Assets 2012: $145,943Liabilities 2012: $02012Assets 2013: $174,943Liabilities 2013: $19,3502013Assets 2014: $174,095Liabilities 2014: $21,4592014Assets 2015: $152,615Liabilities 2015: $27,3322015Assets 2016: $178,650Liabilities 2016: $26,5192016Assets 2017: $194,215Liabilities 2017: $22,4102017Assets 2018: $237,241Liabilities 2018: $29,6372018Assets 2019: $258,120Liabilities 2019: $30,7662019Assets 2020: $299,728Liabilities 2020: $34,881Net Assets 2020: $264,8472020Assets 2021: $323,792Liabilities 2021: $29,347Net Assets 2021: $294,4452021Assets 2022: $355,186Liabilities 2022: $29,940Net Assets 2022: $325,2462022Assets 2023: $385,358Liabilities 2023: $33,843Net Assets 2023: $351,5152023Assets 2024: $345,019Liabilities 2024: $34,419Net Assets 2024: $310,6002024

Highlighted filing

2024

Assets$345,019
Liabilities$34,419
Net Assets$310,600
Open 2024 Filing

Operations Trend

Revenue Growth52nd percentile

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

$150K$100K$50K$0-$50KRevenue 2011: $70,421Expenses 2011: $48,601Net Income 2011: $21,8202011Revenue 2012: $77,634Expenses 2012: $55,231Net Income 2012: $22,4032012Revenue 2013: $65,050Expenses 2013: $55,400Net Income 2013: $9,6502013Revenue 2014: $86,233Expenses 2014: $89,190Net Income 2014: -$2,9572014Revenue 2015: $88,166Expenses 2015: $115,519Net Income 2015: -$27,3532015Revenue 2016: $91,950Expenses 2016: $65,102Net Income 2016: $26,8482016Revenue 2017: $84,609Expenses 2017: $64,935Net Income 2017: $19,6742017Revenue 2018: $100,291Expenses 2018: $64,492Net Income 2018: $35,7992018Revenue 2019: $91,865Expenses 2019: $72,115Net Income 2019: $19,7502019Revenue 2020: $91,042Expenses 2020: $53,549Net Income 2020: $37,4932020Revenue 2021: $83,286Expenses 2021: $53,688Net Income 2021: $29,5982021Revenue 2022: $86,436Expenses 2022: $55,635Net Income 2022: $30,8012022Revenue 2023: $90,849Expenses 2023: $64,580Net Income 2023: $26,2692023Revenue 2024: $90,778Expenses 2024: $131,693Net Income 2024: -$40,9152024

Highlighted filing

2024

Revenue$90,778
Expenses$131,693
Net Income-$40,915
Open 2024 Filing

Filings

Most recent year

2024 • Form 990EZDetailed filing. Detailed filing data is available for this year.

Open filing
Assets
$345,019
Liabilities
$34,419
Net assets
$310,600
Revenue
$90,778
Expenses
$131,693
Net income
-$40,915
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$3.45$0.34$3.11$0.91$1.32$0.41
2023Detailed filing. Detailed filing data is available for this year.$3.85$0.34$3.52$0.91$0.65$0.26
2022Detailed filing. Detailed filing data is available for this year.$3.55$0.30$3.25$0.86$0.56$0.31
2021Detailed filing. Detailed filing data is available for this year.$3.24$0.29$2.94$0.83$0.54$0.30
2020Detailed filing. Detailed filing data is available for this year.$3.00$0.35$2.65$0.91$0.54$0.37
2019Summary only. Only limited summary data is available for this year.$2.58$0.31$0.92$0.72$0.20
2018Summary only. Only limited summary data is available for this year.$2.37$0.30$1.00$0.64$0.36
2017Summary only. Only limited summary data is available for this year.$1.94$0.22$0.85$0.65$0.20
2016Summary only. Only limited summary data is available for this year.$1.79$0.27$0.92$0.65$0.27
2015Summary only. Only limited summary data is available for this year.$1.53$0.27$0.88$1.16$0.27
2014Summary only. Only limited summary data is available for this year.$1.74$0.21$0.86$0.89$0.03
2013Summary only. Only limited summary data is available for this year.$1.75$0.19$0.65$0.55$0.10
2012Summary only. Only limited summary data is available for this year.$1.46$0.00$0.78$0.55$0.22
2011Summary only. Only limited summary data is available for this year.$1.24$0.00$0.70$0.49$0.22
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
Feb 11, 2025
Return Version
2024v5.2
Gross Receipts
$90,778
Mission and Program Overview

Mission

Welfare of the community at large

Program Services

DescriptionGrantsExpenses
THE ASSOCIATION PROVIDES SERVICES TO THE COMMUNITY AT LARGE MUCH LIKE A CITYLIKE GOVERNMENTAL UNIT-$12,247
Compensation and Service Providers
Top Officer Pay89th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
CHARLES WITTEPresident-$0--
KYLE WINNEVice President-$0--
DANIEL NOLANSecretary-$0--
Filing and Contact Details

Filer

Filer Name
Parks at Walnut Bend Homeowners Assoc Inc
EIN
75-2965947
In Care Of
% CHARLES WITTE
Phone
2812512292
Address
12603 LOUETTA RD STE 101, Cypress, TX 77429

Signing Officer

Name
Charles Witte
Title
President
Phone
2812512292
Signed
2025-02-11
Discuss with paid preparer
No

Preparer

Firm
Elaine W Combs CPA
Address
P O BOX 148, Hungerford, TX 77448
Preparer
Elaine Combs
Phone
2814136593
Supplemental Narrative

Additional Explanations

Description of other revenue Part I line 8

“Description AmountFINES 3COLLECTION FEES 4,600LEGAL FEES 4,773RETURNED CHECK 60”

Description of other expenses Part I line 16

“Description AmountINSURANCE 6,302”

Description of total liabilities Part II line 26

“Category Beginning of Year End of YearPREPAID ASSESSMENTS 33,843 34,419”

Raw XML Appendix112 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/PersonNm0ACMI
IRS990EZ/BooksInCareOfDetail/PhoneNum02815212292
IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt012603 LOUETTA RD STE 101
IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0Cypress
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0TX
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd077429
IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt0385358
IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt0345019
IRS990EZ/ChgMadeToOrgnzngDocNotRptInd0false
IRS990EZ/DonorAdvisedFndsInd0false
IRS990EZ/EngagedInExcessBenefitTransInd0false
IRS990EZ/ExcessOrDeficitForYearAmt0-40915
IRS990EZ/FeesAndOtherPymtToIndCntrctAmt0123136
IRS990EZ/ForeignFinancialAccountInd0false
IRS990EZ/ForeignOfficeInd0false
IRS990EZ/Form1120PolFiledInd0false
IRS990EZ/Form990TotalAssetsGrp/BOYAmt0385358
IRS990EZ/Form990TotalAssetsGrp/EOYAmt0345019
IRS990EZ/GrossReceiptsAmt090778
IRS990EZ/InfoInScheduleOPartIIInd0X
IRS990EZ/InfoInScheduleOPartIInd0X
IRS990EZ/InvestmentIncomeAmt02736
IRS990EZ/LandAndBuildingsGrp/BOYAmt00
IRS990EZ/LandAndBuildingsGrp/EOYAmt00
IRS990EZ/MadeLoansToFromOfficersInd0false
IRS990EZ/MembershipDuesAmt078606
IRS990EZ/MethodOfAccountingAccrualInd0X
IRS990EZ/NetAssetsOrFundBalancesBOYAmt0351515
IRS990EZ/NetAssetsOrFundBalancesEOYAmt0310600
IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt0351515
IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt0310600
IRS990EZ/OccupancyRentUtltsAndMaintAmt01737
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt00.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt10.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt20.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0CHARLES WITTE
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm1KYLE WINNE
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm2DANIEL NOLAN
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0PRESIDENT
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1VICE PRESIDENT
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2SECRETARY
IRS990EZ/OperateHospitalInd0false
IRS990EZ/Organization501cInd0X
IRS990EZ/OrganizationDissolvedEtcInd0false
IRS990EZ/OrganizationHadUBIInd0false
IRS990EZ/OtherAssetsTotalDetail/BOYAmt00
IRS990EZ/OtherAssetsTotalDetail/EOYAmt00
IRS990EZ/OtherExpensesTotalAmt06302
IRS990EZ/OtherRevenueTotalAmt09436
IRS990EZ/PoliticalCampaignActyInd0false
IRS990EZ/PrimaryExemptPurposeTxt0WELFARE OF THE COMMUNITY AT LARGE
IRS990EZ/PrintingPublicationsPostageAmt0518
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0THE ASSOCIATION PROVIDES SERVICES TO THE COMMUNITY AT LARGE MUCH LIKE A CITYLIKE GOVERNMENTAL UNIT
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt012247
IRS990EZ/ProhibitedTaxShelterTransInd0false
IRS990EZ/RelatedOrganizationCtrlEntInd0false
IRS990EZ/ScheduleBNotRequiredInd0X
IRS990EZ/SubjectToProxyTaxInd0false
IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt033843
IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt034419
IRS990EZ/TanningServicesProvidedInd0false
IRS990EZ/TotalExpensesAmt0131693
IRS990EZ/TotalProgramServiceExpensesAmt012247
IRS990EZ/TotalRevenueAmt090778
IRS990EZ/TransactionWithControlEntInd0false
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0Description AmountFINES 3COLLECTION FEES 4,600LEGAL FEES 4,773RETURNED CHECK 60
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1Description AmountINSURANCE 6,302
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2Category Beginning of Year End of YearPREPAID ASSESSMENTS 33,843 34,419
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Description of other revenue Part I line 8
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Description of other expenses Part I line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Description of total liabilities Part II line 26
ReturnHeader/BuildTS02025-03-06 01:10:19Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0false
ReturnHeader/BusinessOfficerGrp/PersonNm0CHARLES WITTE
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT
ReturnHeader/BusinessOfficerGrp/PhoneNum02812512292
ReturnHeader/BusinessOfficerGrp/SignatureDt02025-02-11
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0PARKS AT WALNUT BEND HOMEOWNERS ASSOC INC
ReturnHeader/Filer/BusinessNameControlTxt0PARK
ReturnHeader/Filer/EIN0752965947
ReturnHeader/Filer/InCareOfNm0% CHARLES WITTE
ReturnHeader/Filer/PhoneNum02812512292
ReturnHeader/Filer/USAddress/AddressLine1Txt012603 LOUETTA RD STE 101
ReturnHeader/Filer/USAddress/CityNm0Cypress
ReturnHeader/Filer/USAddress/StateAbbreviationCd0TX
ReturnHeader/Filer/USAddress/ZIPCd077429
ReturnHeader/IRSResponsiblePrtyInfoCurrInd0true
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0760371271
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0ELAINE W COMBS CPA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0P O BOX 148
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0Hungerford
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0TX
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd077448
ReturnHeader/PreparerPersonGrp/PhoneNum02814136593
ReturnHeader/PreparerPersonGrp/PreparationDt02025-08-19
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0ELAINE COMBS
ReturnHeader/ReturnTs02025-08-19T09:47:17-04:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02024-01-01
ReturnHeader/TaxPeriodEndDt02024-12-31
ReturnHeader/TaxYr02024

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