Liabilities / Assets
Score unavailable
Liabilities-to-assets requires both liabilities and assets on the latest valid filing.
EIN 92-1748879 • 501(c)4 • Morgans Point Resort, TX
Profile
Morgans Point Resort EDC: Work on behalf of the City of Morgans Point Resort to provide financing for city projects(parks, auditoriums, open space improvements & publicly owned facilities)as defined in the Texas Development Corporation Act.Bring in tourism revenue by offering special amenities in our city parks.
Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.
Liabilities / Assets
Score unavailable
Liabilities-to-assets requires both liabilities and assets on the latest valid filing.
Liabilities / Revenue
Score unavailable
Liabilities-to-revenue requires both liabilities and revenue on the latest valid filing.
Net Margin
98th percentile
Higher net margin than 98% of similar nonprofits.
Top Officer Pay
89th percentile
Higher top officer pay than 89% of similar nonprofits.
Top officer pay equals 0.0% of source-year revenue.
Asset Growth
92nd percentile
Faster asset growth than 92% of similar nonprofits.
Revenue Growth
71st percentile
Faster revenue growth than 71% of similar nonprofits.
Assets
Up$218,585
Up $76,360 (+54%) from 2024
Liabilities
-
No earlier filing loaded for comparison.
Net Assets
Up$218,585
Up $76,360 (+54%) from 2024
Revenue
Up$80,178
Up $8,990 (+13%) from 2024
Expenses
Down$3,818
Down $11,339 (-75%) from 2024
Net Income
Up$76,360
Up $20,329 (+36%) from 2024
Most recent year
2025 • Form 990EZDetailed filing. Detailed filing data is available for this year.
Morgan's Point Resort EDC: Work on behalf of the City of Morgan's Point Resort to provide financing for city projects(parks, auditoriums, open space improvements & publicly owned facilities)as defined in the Texas Development Corporation Act.Bring in tourism revenue by offering special amenities in our city parks.
Morgans Point Resort EDC: Work on behalf of the City of Morgans Point Resort to provide financing for city projects(parks, auditoriums, open space improvements & publicly owned facilities)as defined in the Texas Development Corporation Act.Bring in tourism revenue by offering special amenities in our city parks.
| Description | Grants | Expenses |
|---|---|---|
| Improvements to promote the common good and general welfare of the people of Morgans Point Resort, Texas as permitted under the Development Corporation Act of 1979 | $0 | $3,818 |
| Name | Title | Full / Part Time | Base | Other | Total |
|---|---|---|---|---|---|
| LINDA BRIDGES | President | FT | $0 | - | - |
| JASON JOHNSON | Vice President | - | $0 | - | - |
| TERRY HARRAH | Secretary | - | $0 | - | - |
| SCOTT FOURNIER | Director | - | $0 | - | - |
| GREG WEISMAN | Director | - | $0 | - | - |
| TED TEEGARDEN | Director | - | $0 | - | - |
“SALES TAX 76377.”
“RENTAL INCOME”
“Interest on bank account 3801.”
“Loan Forgiveness”
“BUSINESS NETWORK 0.”
“OFFICE EXPENSES 15.”
“OTHER EXPENSES 103.”
“WEBSITE 484.”
“Design Workshop (Tiny Business Village) 33.”
“Membership Fees 295.”
“Pop Up Events 443.”
“Accounts receivable (tpw 50% matching)”
“ACCOUNTS PAYABLE 0.”
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/ActivitiesNotPreviouslyRptInd | 0 | false |
| IRS990EZ/BooksInCareOfDetail/PersonNm | 0 | LINDA BRIDGES |
| IRS990EZ/BooksInCareOfDetail/PhoneNum | 0 | 7603107861 |
| IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt | 0 | 197 LAKE FOREST DRIVE |
| IRS990EZ/BooksInCareOfDetail/USAddress/CityNm | 0 | MORGANS POINT RESORT |
| IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd | 0 | TX |
| IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd | 0 | 76513 |
| IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt | 0 | 142225 |
| IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt | 0 | 218585 |
| IRS990EZ/ChgMadeToOrgnzngDocNotRptInd | 0 | false |
| IRS990EZ/ContributionsGiftsGrantsEtcAmt | 0 | 0 |
| IRS990EZ/CostOfGoodsSoldAmt | 0 | 0 |
| IRS990EZ/CostOrOtherBasisExpenseSaleAmt | 0 | 0 |
| IRS990EZ/DonorAdvisedFndsInd | 0 | false |
| IRS990EZ/EngagedInExcessBenefitTransInd | 0 | false |
| IRS990EZ/ExcessOrDeficitForYearAmt | 0 | 76360 |
| IRS990EZ/FeesAndOtherPymtToIndCntrctAmt | 0 | 2445 |
| IRS990EZ/ForeignFinancialAccountInd | 0 | false |
| IRS990EZ/ForeignOfficeInd | 0 | false |
| IRS990EZ/Form1120PolFiledInd | 0 | false |
| IRS990EZ/Form990TotalAssetsGrp/BOYAmt | 0 | 142225 |
| IRS990EZ/Form990TotalAssetsGrp/EOYAmt | 0 | 218585 |
| IRS990EZ/FundraisingGrossIncomeAmt | 0 | 0 |
| IRS990EZ/GainOrLossFromSaleOfAssetsAmt | 0 | 0 |
| IRS990EZ/GrossProfitLossSlsOfInvntryAmt | 0 | 0 |
| IRS990EZ/GrossReceiptsAmt | 0 | 80178 |
| IRS990EZ/GrossReceiptsForPublicUseAmt | 0 | 0 |
| IRS990EZ/InfoInScheduleOPartIInd | 0 | X |
| IRS990EZ/InitiationFeesAndCapContriAmt | 0 | 0 |
| IRS990EZ/InvestmentIncomeAmt | 0 | 0 |
| IRS990EZ/MadeLoansToFromOfficersInd | 0 | false |
| IRS990EZ/MembershipDuesAmt | 0 | 0 |
| IRS990EZ/MethodOfAccountingAccrualInd | 0 | X |
| IRS990EZ/NetAssetsOrFundBalancesBOYAmt | 0 | 142225 |
| IRS990EZ/NetAssetsOrFundBalancesEOYAmt | 0 | 218585 |
| IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt | 0 | 142225 |
| IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt | 0 | 218585 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 0 | 40.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 1 | 1.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 2 | 1.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 3 | 1.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 4 | 1.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 5 | 1.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 0 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 1 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 2 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 3 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 4 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 5 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt | 0 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt | 1 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt | 2 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt | 3 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt | 4 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt | 5 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt | 0 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt | 1 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt | 2 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt | 3 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt | 4 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt | 5 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 0 | LINDA BRIDGES |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 1 | JASON JOHNSON |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 2 | TERRY HARRAH |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 3 | SCOTT FOURNIER |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 4 | GREG WEISMAN |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 5 | TED TEEGARDEN |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 0 | PRESIDENT |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 1 | VICE PRESIDENT |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 2 | SECRETARY |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 3 | DIRECTOR |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 4 | DIRECTOR |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 5 | DIRECTOR |
| IRS990EZ/OperateHospitalInd | 0 | false |
| IRS990EZ/Organization501cInd | 0 | X |
| IRS990EZ/OrganizationDissolvedEtcInd | 0 | false |
| IRS990EZ/OrganizationHadUBIInd | 0 | false |
| IRS990EZ/OtherExpensesTotalAmt | 0 | 1373 |
| IRS990EZ/OtherRevenueTotalAmt | 0 | 80178 |
| IRS990EZ/PrimaryExemptPurposeTxt | 0 | Morgans Point Resort EDC: Work on behalf of the City of Morgans Point Resort to provide financing for city projects(parks, auditoriums, open space improvements & publicly owned facilities)as defined in the Texas Development Corporation Act.Bring in tourism revenue by offering special amenities in our city parks. |
| IRS990EZ/ProgramServiceRevenueAmt | 0 | 0 |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt | 0 | Improvements to promote the common good and general welfare of the people of Morgans Point Resort, Texas as permitted under the Development Corporation Act of 1979 |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt | 0 | 0 |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt | 0 | 3818 |
| IRS990EZ/ProhibitedTaxShelterTransInd | 0 | false |
| IRS990EZ/RelatedOrganizationCtrlEntInd | 0 | false |
| IRS990EZ/ScheduleBNotRequiredInd | 0 | X |
| IRS990EZ/SpecialEventsDirectExpensesAmt | 0 | 0 |
| IRS990EZ/SpecialEventsNetIncomeLossAmt | 0 | 0 |
| IRS990EZ/SubjectToProxyTaxInd | 0 | false |
| IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt | 0 | 0 |
| IRS990EZ/TanningServicesProvidedInd | 0 | false |
| IRS990EZ/TotalExpensesAmt | 0 | 3818 |
| IRS990EZ/TotalProgramServiceExpensesAmt | 0 | 3818 |
| IRS990EZ/TotalRevenueAmt | 0 | 80178 |
| IRS990EZ/TransactionWithControlEntInd | 0 | false |
| IRS990EZ/TypeOfOrganizationCorpInd | 0 | X |
| IRS990EZ/WebsiteAddressTxt | 0 | mpr-edc.org |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 0 | SALES TAX 76377. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 1 | RENTAL INCOME |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 2 | INTEREST ON BANK ACCOUNT 3801. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 3 | Loan Forgiveness |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 4 | BUSINESS NETWORK 0. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 5 | OFFICE EXPENSES 15. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 6 | OTHER EXPENSES 103. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 7 | WEBSITE 484. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 8 | Design Workshop (Tiny Business Village) 33. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 9 | Membership Fees 295. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 10 | Pop Up Events 443. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 11 | ACCOUNTS RECEIVABLE (TPW 50% MATCHING) |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 12 | ACCOUNTS PAYABLE 0. |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 0 | Form 990EZ, Part I, Line 8 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 1 | Form 990EZ, Part I, Line 8 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 2 | Form 990EZ, Part I, Line 8 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 3 | Form 990EZ, Part I, Line 8 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 4 | Form 990EZ, Part I, Line 16 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 5 | Form 990EZ, Part I, Line 16 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 6 | Form 990EZ, Part I, Line 16 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 7 | Form 990EZ, Part I, Line 16 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 8 | Form 990EZ, Part I, Line 16 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 9 | Form 990EZ, Part I, Line 16 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 10 | Form 990EZ, Part I, Line 16 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 11 | Form 990EZ, Part II, Line 24 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 12 | Form 990EZ, Part II, Line 26 |
| ReturnHeader/BuildTS | 0 | 2025-03-06 01:10:19Z |
| ReturnHeader/BusinessOfficerGrp/PersonNm | 0 | LINDA BRIDGES |
| ReturnHeader/BusinessOfficerGrp/PersonTitleTxt | 0 | PRESIDENT |
| ReturnHeader/BusinessOfficerGrp/PhoneNum | 0 | 7603107861 |
| ReturnHeader/BusinessOfficerGrp/SignatureDt | 0 | 2025-02-11 |
| ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt | 0 | MORGAN'S POINT RESORT ECONOMIC DEVELOPMENT CORPORATION |
| ReturnHeader/Filer/BusinessNameControlTxt | 0 | MORG |
| ReturnHeader/Filer/EIN | 0 | 921748879 |
| ReturnHeader/Filer/PhoneNum | 0 | 7603107861 |
| ReturnHeader/Filer/USAddress/AddressLine1Txt | 0 | 8 MORGANS POINT BLVD |
| ReturnHeader/Filer/USAddress/CityNm | 0 | MORGANS POINT RESORT |
| ReturnHeader/Filer/USAddress/StateAbbreviationCd | 0 | TX |
| ReturnHeader/Filer/USAddress/ZIPCd | 0 | 76513 |
| ReturnHeader/IRSResponsiblePrtyInfoCurrInd | 0 | true |
| ReturnHeader/PreparerFirmGrp/PreparerFirmEIN | 0 | 900504172 |
| ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt | 0 | John F Coggin CPA PLLC |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt | 0 | 4545 Bissonnet St Ste 129 |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm | 0 | Bellaire |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd | 0 | TX |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd | 0 | 77401 |
| ReturnHeader/PreparerPersonGrp/PhoneNum | 0 | 7134081318 |
| ReturnHeader/PreparerPersonGrp/PreparationDt | 0 | 2025-11-12 |
| ReturnHeader/PreparerPersonGrp/PreparerPersonNm | 0 | JOHN F COGGIN CPA MBA |
| ReturnHeader/ReturnTs | 0 | 2025-11-12T08:38:25-08:00 |
| ReturnHeader/ReturnTypeCd | 0 | 990EZ |
| ReturnHeader/TaxPeriodBeginDt | 0 | 2024-10-01 |
| ReturnHeader/TaxPeriodEndDt | 0 | 2025-09-30 |
| ReturnHeader/TaxYr | 0 | 2024 |
No mirrored PDF or thumbnail assets are attached yet.