Civic Intelligence

Tomball Pines Inc.

990 • Fiscal year 2019 • EIN 76-0504275

Jan 01, 2019 to Dec 31, 2019 • Filed on Apr 29, 2020

6800 Park Ten Blvd Ste 184-wSan Antonio, TX 78213

(210) 220-1908

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

97th percentile

1.63x

Higher debt load relative to assets than 97% of similar nonprofits.

2019 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2019

Liabilities / Revenue

97th percentile

5.42x

Higher debt load relative to revenue than 97% of similar nonprofits.

2019 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2019

Net Margin

17th percentile

-14%

Higher net margin than 17% of similar nonprofits.

2019 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2019

Top Officer Pay

50th percentile

$0

Higher top officer pay than 50% of similar nonprofits.

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

2019 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2019

Asset Growth

18th percentile

-8.3%

Faster asset growth than 18% of similar nonprofits.

2019 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2018 to 2019

Revenue Growth

42nd percentile

0.6%

Faster revenue growth than 42% of similar nonprofits.

2019 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2018 to 2019

Assets

Down

$754,270

Down $67,866 (-8.3%) from 2018

Net Assets

Down

-$474,031

Down $31,049 (-7.0%) from 2018

Liabilities

Down

$1,228,301

Down $36,817 (-2.9%) from 2018

Revenue

Up

$226,648

Up $1,258 (+0.6%) from 2018

Expenses

Down

$257,697

Down $12,912 (-4.8%) from 2018

Net Income

Up

-$31,049

Up $14,170 (+31%) from 2018

Historical Trend

Balance Sheet Trend

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$1.5M$1.0M$500K$0-$500K-$1.0MAssets 2010: $999,328Liabilities 2010: $1,231,869Net Assets 2010: -$232,5412010Assets 2011: $967,112Liabilities 2011: $1,235,782Net Assets 2011: -$268,6702011Assets 2012: $947,264Liabilities 2012: $1,232,119Net Assets 2012: -$284,8552012Assets 2013: $922,219Liabilities 2013: $1,226,791Net Assets 2013: -$304,5722013Assets 2014: $890,469Liabilities 2014: $1,232,806Net Assets 2014: -$342,3372014Assets 2015: $856,803Liabilities 2015: $1,234,002Net Assets 2015: -$377,1992015Assets 2016: $843,706Liabilities 2016: $1,230,466Net Assets 2016: -$386,7602016Assets 2017: $826,861Liabilities 2017: $1,224,624Net Assets 2017: -$397,7632017Assets 2018: $822,136Liabilities 2018: $1,265,118Net Assets 2018: -$442,9822018Assets 2019: $754,270Liabilities 2019: $1,228,301Net Assets 2019: -$474,0312019Assets 2020: $794,281Liabilities 2020: $1,273,327Net Assets 2020: -$479,0462020Assets 2021: $702,547Liabilities 2021: $1,227,718Net Assets 2021: -$525,1712021Assets 2022: $669,419Liabilities 2022: $1,232,853Net Assets 2022: -$563,4342022Assets 2023: $676,420Liabilities 2023: $1,236,828Net Assets 2023: -$560,4082023Assets 2024: $638,030Liabilities 2024: $1,242,198Net Assets 2024: -$604,1682024

Highlighted filing

2019

Assets$754,270
Liabilities$1,228,301
Net Assets-$474,031

Operations Trend

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$400K$300K$200K$100K$0-$100KExpenses 2010: $215,7982010Expenses 2011: $226,4112011Expenses 2012: $208,0892012Revenue 2013: $194,151Expenses 2013: $213,868Net Income 2013: -$19,7172013Revenue 2014: $193,882Expenses 2014: $231,646Net Income 2014: -$37,7642014Revenue 2015: $190,033Expenses 2015: $224,896Net Income 2015: -$34,8632015Revenue 2016: $217,763Expenses 2016: $227,324Net Income 2016: -$9,5612016Revenue 2017: $226,487Expenses 2017: $237,490Net Income 2017: -$11,0032017Revenue 2018: $225,390Expenses 2018: $270,609Net Income 2018: -$45,2192018Revenue 2019: $226,648Expenses 2019: $257,697Net Income 2019: -$31,0492019Revenue 2020: $243,081Expenses 2020: $248,096Net Income 2020: -$5,0152020Revenue 2021: $246,673Expenses 2021: $292,800Net Income 2021: -$46,1272021Revenue 2022: $236,592Expenses 2022: $274,855Net Income 2022: -$38,2632022Revenue 2023: $259,887Expenses 2023: $256,861Net Income 2023: $3,0262023Revenue 2024: $270,529Expenses 2024: $314,289Net Income 2024: -$43,7602024

Highlighted filing

2019

Revenue$226,648
Expenses$257,697
Net Income-$31,049
Jump To
Filing Snapshot
Filing Period
Jan 1, 2019 to Dec 31, 2019
Signed
Apr 29, 2020
Return Version
2019v5.0
Gross Receipts
$226,648
Mission and Program Overview

Mission

To provide low-income housing under a hud regulated program.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$715,563$685,204▼ $30,359
Cash and Non-Interest-Bearing Accounts$15,081$9,162▼ $5,919
Prepaid Expenses and Deferred Charges$3,313$5,944▲ $2,631
Accounts Receivable$61$44▼ $17
Total Assets$822,136$754,270▼ $67,866
Other Assets Total$88,118$53,916▼ $34,202
Liabilities
Mortgage Notes Payable Secured by Investment Property$1,216,500$1,216,500→ $0
Accounts Payable and Accrued Expenses$45,919$9,202▼ $36,717
Other Liabilities$2,626$2,599▼ $27
Deferred Revenue$73--
Total Liabilities$1,265,118$1,228,301▼ $36,817
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$-442,982$-474,031▼ $31,049
Total Net Assets Fund Balance$-442,982$-474,031▼ $31,049
Total Liabilities and Net Assets / Fund Balance$822,136$754,270▼ $67,866

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$584,084$638,670$1,222,754
Land$101,120-$101,120
Other Land Buildings-$26,600$26,600
Other Assets Org$125--
Compensation and Service Providers

Board Members and Trustees

NameTitle
Shermane CunninghamPresident
Elisabeth MeehanDirector
Jane MicklitzDirector
Patricia HenryDirector
Sarah SwonkeDirector
Tamika SimmonsDirector
Richard RamirezVice Preside
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$226,558
Investment Income
$90
Other Revenue
$0
Change in Net Assets
$-31,049

Audited Revenue Reconciliation

Revenue per Audited Statements
$226,648
Total Revenue per Audited Statements
$226,648
Total Revenue per Form 990
$226,648
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$167,909
Salaries, Compensation, and Employee Benefits$89,788
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Occupancy$73,361$3,457-$76,818
Other Salaries and Wages$16,198$60,298-$76,496
Depreciation Depletion$28,997$1,366-$30,363
Insurance$13,363$355-$13,718
Fees for Services Management-$12,989-$12,989
Fees for Services Accounting-$10,742-$10,742
Office Expenses$567$9,859-$10,426
Other Employee Benefits$2,849$3,982-$6,831
Payroll Taxes$1,631$4,830-$6,461
Conferences and Meetings$1,930--$1,930
All Other Expenses$1,524--$1,524
Other Expenses$800$33-$800
Advertising-$400-$400
Total Functional Expenses$149,386$108,311$0$257,697

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$257,697
Total Expenses per Audited Statements$257,697
Total Expenses per Form 990$257,697
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
Lobbying activity
No
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Tenant Security Deposits Payable$2,599
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Audit committee
Yes
Backup withholding compliance
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

Mcdougal property management, lc 6800 park ten blvd. Ste 184-w san antonio, tx 78213

Form 990, Page 6, Part VI, Line 8B

There are no such committees.

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

Management company approves the form 990 and sends a copy to the board to trustees for their ratification.

Form 990, Page 6, Part VI, Line 19

Governing documents are available upon written requests to the organization as well as through third party websites such as guidestar.

Filing and Contact Details

Filer

Filer Name
Tomball Pines Inc
EIN
76-0504275
Phone
2102201908
Address
6800 PARK TEN BLVD STE 184-W, SAN ANTONIO, TX 78213
Doing Business As
Tomball Pines Apartments

Signing Officer

Name
Shermane Cunningham
Title
President
Phone
2102201908
Signed
2020-04-29
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Shermane Cunningham
Formed
1996
Legal Domicile
TX
Voting Board Members
7
Independent Board Members
7
Employees
5

Preparer

Firm
Carlos Taboada & Company Pc
Address
1001 S DAIRY ASHFORD STE 370, HOUSTON, TX 77077-2333
Preparer
Carlos Taboada
Phone
2816063011
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IRS990ScheduleD/BuildingsGrp/DepreciationAmt0638670
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0MCDOUGAL PROPERTY MANAGEMENT, LC 6800 PARK TEN BLVD. STE 184-W SAN ANTONIO, TX 78213
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THERE ARE NO SUCH COMMITTEES.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2MANAGEMENT COMPANY APPROVES THE FORM 990 AND SENDS A COPY TO THE BOARD TO TRUSTEES FOR THEIR RATIFICATION.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3GOVERNING DOCUMENTS ARE AVAILABLE UPON WRITTEN REQUESTS TO THE ORGANIZATION AS WELL AS THROUGH THIRD PARTY WEBSITES SUCH AS GUIDESTAR.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PAGE 6, PART VI, LINE 3
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PAGE 6, PART VI, LINE 8B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PAGE 6, PART VI, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PAGE 6, PART VI, LINE 19
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IRS990/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt0525 SCHOOL ST
IRS990/USAddress/CityNm0TOMBALL
IRS990/USAddress/StateAbbreviationCd0TX
IRS990/USAddress/ZIPCd077375
IRS990/VotingMembersGoverningBodyCnt07
IRS990/VotingMembersIndependentCnt07
IRS990/WhistleblowerPolicyInd0false
ReturnHeader/BuildTS02020-09-22 18:59:49Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0SHERMANE CUNNINGHAM
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT
ReturnHeader/BusinessOfficerGrp/PhoneNum02102201908
ReturnHeader/BusinessOfficerGrp/SignatureDt02020-04-29
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0TOMBALL PINES INC

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$0.64$1.24$0.60$0.27$0.31$0.04
2023Detailed filing. Detailed filing data is available for this year.$0.68$1.24$0.56$0.26$0.26$0.00
2022Detailed filing. Detailed filing data is available for this year.$0.67$1.23$0.56$0.24$0.27$0.04
2021Detailed filing. Detailed filing data is available for this year.$0.70$1.23$0.53$0.25$0.29$0.05
2020Detailed filing. Detailed filing data is available for this year.$0.79$1.27$0.48$0.24$0.25$0.01
2019Detailed filing. Detailed filing data is available for this year.$0.75$1.23$0.47$0.23$0.26$0.03
2018Detailed filing. Detailed filing data is available for this year.$0.82$1.27$0.44$0.23$0.27$0.05
2017Detailed filing. Detailed filing data is available for this year.$0.83$1.22$0.40$0.23$0.24$0.01
2016Detailed filing. Detailed filing data is available for this year.$0.84$1.23$0.39$0.22$0.23$0.01
2015Detailed filing. Detailed filing data is available for this year.$0.86$1.23$0.38$0.19$0.22$0.03
2014Detailed filing. Detailed filing data is available for this year.$0.89$1.23$0.34$0.19$0.23$0.04
2013Detailed filing. Detailed filing data is available for this year.$0.92$1.23$0.30$0.19$0.21$0.02
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.95$1.23$0.28$0.21
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.97$1.24$0.27$0.23
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.00$1.23$0.23$0.22