Civic Intelligence

Lone Oak Community Association Inc

990 • Fiscal year 2020 • EIN 82-0553642

Jan 01, 2020 to Dec 31, 2020 • Filed on May 16, 2021

Organization Profile
17171 Park Row STE 310Houston, TX 77084

(281) 579-0761

Siviq Scores

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

Liabilities / Assets

82nd percentile

0.20x

Higher debt load relative to assets than 82% of similar nonprofits.

2020 filings • 501(c)4 • <$500k nonprofits • Source year 2020

Liabilities / Revenue

84th percentile

0.30x

Higher debt load relative to revenue than 84% of similar nonprofits.

2020 filings • 501(c)4 • <$500k nonprofits • Source year 2020

Net Margin

63rd percentile

12%

Higher net margin than 63% of similar nonprofits.

2020 filings • 501(c)4 • <$500k nonprofits • Source year 2020

Top Officer Pay

86th percentile

$0

Higher top officer pay than 86% of similar nonprofits.

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

2020 filings • 501(c)4 • <$500k nonprofits • Source year 2020

Asset Growth

60th percentile

5.3%

Faster asset growth than 60% of similar nonprofits.

2020 filings • 501(c)4 • <$500k nonprofits • Annualized from 2019 to 2020

Revenue Growth

64th percentile

-2.5%

Faster revenue growth than 64% of similar nonprofits.

2020 filings • 501(c)4 • <$500k nonprofits • Annualized from 2019 to 2020

Balance Sheet
Liabilities / Assets82nd percentile

Assets

Up

$440,929

Up $22,305 (+5.3%) from 2019

Net Assets

Up

$351,936

Up $35,684 (+11%) from 2019

Liabilities

Down

$88,993

Down $13,379 (-13%) from 2019

Revenue And Expenses
Liabilities / Revenue84th percentileNet Margin63rd percentile

Revenue

Down

$292,728

Down $7,369 (-2.5%) from 2019

Expenses

Down

$257,041

Down $45,463 (-15%) from 2019

Net Income

Up

$35,687

Up $38,094 (+1583%) from 2019

Historical Trend

Balance Sheet Trend

Asset Growth60th percentile

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

$600K$400K$200K$0Assets 2010: $149,911Liabilities 2010: $0Net Assets 2010: $149,9112010Assets 2011: $205,999Liabilities 2011: $79,899Net Assets 2011: $126,1002011Assets 2012: $361,408Liabilities 2012: $103,717Net Assets 2012: $257,6912012Assets 2013: $409,617Liabilities 2013: $115,051Net Assets 2013: $294,5662013Assets 2014: $406,773Liabilities 2014: $107,241Net Assets 2014: $299,5322014Assets 2015: $463,053Liabilities 2015: $120,795Net Assets 2015: $342,2582015Assets 2016: $505,736Liabilities 2016: $117,788Net Assets 2016: $387,9482016Assets 2017: $429,564Liabilities 2017: $85,207Net Assets 2017: $344,3572017Assets 2018: $413,202Liabilities 2018: $94,543Net Assets 2018: $318,6592018Assets 2019: $418,624Liabilities 2019: $102,372Net Assets 2019: $316,2522019Assets 2020: $440,929Liabilities 2020: $88,993Net Assets 2020: $351,9362020Assets 2021: $480,409Liabilities 2021: $89,305Net Assets 2021: $391,1042021Assets 2022: $501,433Liabilities 2022: $89,428Net Assets 2022: $412,0052022Assets 2023: $531,686Liabilities 2023: $99,766Net Assets 2023: $431,9202023Assets 2024: $559,159Liabilities 2024: $105,802Net Assets 2024: $453,3572024

Highlighted filing

2020

Assets$440,929
Liabilities$88,993
Net Assets$351,936
Open 2020 Filing

Operations Trend

Revenue Growth64th percentile

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

$400K$300K$200K$100K$0-$100KExpenses 2010: $248,5942010Revenue 2011: $238,418Expenses 2011: $262,230Net Income 2011: -$23,8122011Revenue 2012: $298,486Expenses 2012: $257,768Net Income 2012: $40,7182012Revenue 2013: $303,293Expenses 2013: $266,418Net Income 2013: $36,8752013Revenue 2014: $292,808Expenses 2014: $284,462Net Income 2014: $8,3462014Revenue 2015: $290,511Expenses 2015: $247,785Net Income 2015: $42,7262015Revenue 2016: $289,982Expenses 2016: $241,679Net Income 2016: $48,3032016Revenue 2017: $293,477Expenses 2017: $283,554Net Income 2017: $9,9232017Revenue 2018: $284,709Expenses 2018: $310,590Net Income 2018: -$25,8812018Revenue 2019: $300,097Expenses 2019: $302,504Net Income 2019: -$2,4072019Revenue 2020: $292,728Expenses 2020: $257,041Net Income 2020: $35,6872020Revenue 2021: $287,681Expenses 2021: $248,590Net Income 2021: $39,0912021Revenue 2022: $306,672Expenses 2022: $285,772Net Income 2022: $20,9002022Revenue 2023: $319,297Expenses 2023: $299,382Net Income 2023: $19,9152023Revenue 2024: $330,052Expenses 2024: $308,615Net Income 2024: $21,4372024

Highlighted filing

2020

Revenue$292,728
Expenses$257,041
Net Income$35,687
Open 2020 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2020 to Dec 31, 2020
Signed
May 16, 2021
Return Version
2020v4.1
Gross Receipts
$292,728
Mission and Program Overview

Mission

Organization for maintaining and improving all common and recreational areas by providing necessary services for the benefit and welfare of the community.

Balance Sheet Detail
LineBeginningEndChange
Assets
Rtn Earn Endowment Incm Other Fnds$316,252$351,936▲ $35,684
Cash and Non-Interest-Bearing Accounts$298,936$332,555▲ $33,619
Savings and Temporary Cash Investments$50,831$50,951▲ $120
Accounts Receivable$60,528$48,625▼ $11,903
Prepaid Expenses and Deferred Charges$8,329$8,798▲ $469
Total Assets$418,624$440,929▲ $22,305
Liabilities
Deferred Revenue$85,676$75,601▼ $10,075
Accounts Payable and Accrued Expenses$16,696$13,392▼ $3,304
Total Liabilities$102,372$88,993▼ $13,379
Net Assets / Fund Balance
Total Net Assets Fund Balance$316,252$351,936▲ $35,684
Total Liabilities and Net Assets / Fund Balance$418,624$440,929▲ $22,305
Compensation and Service Providers
Top Officer Pay86th percentile

Board Members and Trustees

NameTitle
Brian HartPresident
Kisha GuilloryVice President
Christopher JohnsonDirector
LaNea HartlessDirector
Mike KinionDirector
Leslie PhillipsSecretary
Will DavantTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$289,688
Investment Income
$521
Other Revenue
$2,519
Change in Net Assets
$35,687
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$257,041
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
All Other Expenses$15,156--$15,156
Insurance$14,618--$14,618
Fees for Services Management-$13,200-$13,200
Other Expenses$10,093--$10,093
Office Expenses-$6,888-$6,888
Fees for Services Accounting-$1,050-$1,050
Fees for Services Legal-$611-$611
Total Functional Expenses$235,292$21,749$0$257,041
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
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
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
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
Yes
Management duties delegated
Yes

Governance Explanations

Management duties delegation Part VI line 3

“Association has a managing agent to oversee daily operations at the direction of the Board of Directors.”

Members or stockholder classes and rights Part VI line 6

“Each property owner is a member of the Association with voting privileges.”

Member election for additional members Part VI line 7A

“Each owner/member votes for the Board of Directors.”

Governing body decisions Part VI line 7B

“ByLaw revisions require the vote of owner/members.”

Governing body meeting documentation Part VI line 8A

“Minutes are taken and maintained for all Board of Director meetings.”

Form 990 governing body review Part VI line 11

“Form 990 is provided to the Board of Directors for review and approval prior to submission.”

Conflict of interest policy compliance Part VI line 12C

“The Association has a conflict of interest policy that requires each director to disclose any potential conflicts to the Board. Potential conflicts are discussed with potential Board candidates prior to election.”

Governing documents etc available to public Part VI line 19

“Governing documents are provided to each owner at purchase and are available upon request of the managing agent.”

Filing and Contact Details

Filer

Filer Name
Lone Oak Community Association Inc
EIN
82-0553642
Address
17171 Park Row STE 310, Houston, TX 77084

Signing Officer

Name
Brian Hart
Title
President
Phone
7136470007
Signed
2021-05-16
Discuss with paid preparer
No

Organization Details

Formed
2002
Legal Domicile
TX
Voting Board Members
7
Independent Board Members
7
Employees
0
Volunteers
7

Preparer

Firm
Cox CPA Services Inc
Address
974 Campbell Road Suite 106, Houston, TX 77024
Preparer
Teresa Cox CPA
Phone
7136470007
Supplemental Narrative

Additional Explanations

Explanation of other changes in net assets or fund balances Part XI line 9

“Rounding -3”

List of other expenses Part IX line 24E

“Bad Debts 689Community and Decor 14043Property Tax 374Bank Fee 50-------------------------------Total 15156”

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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/ExplanationTxt4Minutes are taken and maintained for all Board of Director meetings.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5Form 990 is provided to the Board of Directors for review and approval prior to submission.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6The Association has a conflict of interest policy that requires each director to disclose any potential conflicts to the Board. Potential conflicts are discussed with potential Board candidates prior to election.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt7Governing documents are provided to each owner at purchase and are available upon request of the managing agent.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt8Rounding -3
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt9Bad Debts 689Community and Decor 14043Property Tax 374Bank Fee 50-------------------------------Total 15156
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Management duties delegation Part VI line 3
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IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Governing body decisions Part VI line 7b
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IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc8Explanation of other changes in net assets or fund balances Part XI line 9
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc9List of other expenses Part IX line 24e
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IRS990/TotalAssetsGrp/EOYAmt0440929
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt021749
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0235292
IRS990/TotalFunctionalExpensesGrp/TotalAmt0257041
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt0102372
IRS990/TotalLiabilitiesEOYAmt088993
IRS990/TotalLiabilitiesGrp/BOYAmt0102372
IRS990/TotalLiabilitiesGrp/EOYAmt088993
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0316252
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0351936
IRS990/TotalOtherCompensationAmt00
IRS990/TotalProgramServiceExpensesAmt0235292
IRS990/TotalProgramServiceRevenueAmt0289688
IRS990/TotalReportableCompFromOrgAmt00
IRS990/TotalRevenueGrp/ExclusionAmt00
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt0292728
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0292728
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt07
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt0418624
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt0440929
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/UponRequestInd0X
IRS990/VotingMembersGoverningBodyCnt07
IRS990/VotingMembersIndependentCnt07
IRS990/WhistleblowerPolicyInd0false
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/AuthenticationAssuranceLevelCd0AAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/IdentityAssuranceLevelCd0IAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/OOBSecurityVerificationCd000
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/TrustedCustomerCd00
ReturnHeader/BuildTS02022-09-23 18:48:47Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0false
ReturnHeader/BusinessOfficerGrp/PersonNm0Brian Hart
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0President
ReturnHeader/BusinessOfficerGrp/PhoneNum07136470007
ReturnHeader/BusinessOfficerGrp/SignatureDt02021-05-16
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0Lone Oak Community Association Inc
ReturnHeader/Filer/BusinessNameControlTxt0LONE
ReturnHeader/Filer/EIN0820553642
ReturnHeader/Filer/USAddress/AddressLine1Txt017171 Park Row STE 310
ReturnHeader/Filer/USAddress/CityNm0Houston
ReturnHeader/Filer/USAddress/StateAbbreviationCd0TX
ReturnHeader/Filer/USAddress/ZIPCd077084
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0271016343
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0Cox CPA Services Inc
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0974 Campbell Road Suite 106
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0Houston
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0TX
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd077024
ReturnHeader/PreparerPersonGrp/PhoneNum07136470007
ReturnHeader/PreparerPersonGrp/PreparationDt02021-06-08
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0Teresa Cox CPA
ReturnHeader/PreparerPersonGrp/SelfEmployedInd0X
ReturnHeader/ReturnTs02021-06-08T11:40:40-04:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0Brian
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0Hart
ReturnHeader/TaxPeriodBeginDt02020-01-01
ReturnHeader/TaxPeriodEndDt02020-12-31
ReturnHeader/TaxYr02020

Document Assets

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Filings

Displayed year

2020 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$440,929
Liabilities
$88,993
Net assets
$351,936
Revenue
$292,728
Expenses
$257,041
Net income
$35,687
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$5.59$1.06$4.53$3.30$3.09$0.21
2023Detailed filing. Detailed filing data is available for this year.$5.32$1.00$4.32$3.19$2.99$0.20
2022Detailed filing. Detailed filing data is available for this year.$5.01$0.89$4.12$3.07$2.86$0.21
2021Detailed filing. Detailed filing data is available for this year.$4.80$0.89$3.91$2.88$2.49$0.39
2020Detailed filing. Detailed filing data is available for this year.$4.41$0.89$3.52$2.93$2.57$0.36
2019Summary only. Only limited summary data is available for this year.$4.19$1.02$3.16$3.00$3.03$0.02
2018Detailed filing. Detailed filing data is available for this year.$4.13$0.95$3.19$2.85$3.11$0.26
2017Detailed filing. Detailed filing data is available for this year.$4.30$0.85$3.44$2.93$2.84$0.10
2016Detailed filing. Detailed filing data is available for this year.$5.06$1.18$3.88$2.90$2.42$0.48
2015Detailed filing. Detailed filing data is available for this year.$4.63$1.21$3.42$2.91$2.48$0.43
2014Detailed filing. Detailed filing data is available for this year.$4.07$1.07$3.00$2.93$2.84$0.08
2013Detailed filing. Detailed filing data is available for this year.$4.10$1.15$2.95$3.03$2.66$0.37
2012Summary only. Only limited summary data is available for this year.$3.61$1.04$2.58$2.98$2.58$0.41
2011Summary only. Only limited summary data is available for this year.$2.06$0.80$1.26$2.38$2.62$0.24
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.50$0.00$1.50$2.49