KINGS FOREST COMMUNITY ASSOCIATIONINC

EIN: 237231273

HOUSTON, TX

Total Revenue
$195,299
Total Expenses
$180,191
Total Assets
$328,304
Net Assets
$235,704
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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year
1972
Legal Domicile
TX
Principal Officer
WILLIAM A KOERNER
Phone
7133297100
Tax Period
2021-01-01 to 2021-12-31

KINGS FOREST COMMUNITY ASSOCIATIONINC, founded in 1972, is a small nonprofit that reported $195K in total revenue in fiscal year 2021. Expenses of $180K left a modest 8% surplus.

Mission

MAINTENANCE AND PRESERVATION OF THE COMMON PROPERTIES AND SOCIAL WELFARE OF THE COMMUNITY AT LARGE.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2021)

Revenue Breakdown

Contributions & Grants $0
Program Service Revenue $195,035
Investment Income $264
Other Revenue $0
TOTAL REVENUE $195,299

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $151,819
Other Expenses $180,191
TOTAL EXPENSES $180,191

Year-over-Year Comparison

2021 2020 Change
Revenue $195,299 $197,322 0.0%
Expenses $180,191 $187,769 0.0%
Net Income $15,108 $9,553 +0.6%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

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Governance

Voting Members
5
Independent Members
5
Employees
N/A
Volunteers
5

Governance Policies

Conflict of Interest Policy
Whistleblower Policy
Document Retention Policy

Special Practices & Reported Activities

Operated a School
Operated a Hospital
Provided First Class Travel
Reported Conflict of Interest
Reported Asset Diversion
Excess Benefit Transaction
Made Political Expenditures
Engaged in Lobbying
Operated Donor Advised Fund
Maintained Art Collections
Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
2
$0
Total Directors
3
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
WILLIAM A KOERNER PRESIDENT 2.00
Director
$0 $0 $0
ROBERT J REHAK VICE PRESIDENT 2.00
Director
$0 $0 $0
JONATHAN R MILLICAN DIRECTOR 2.00
Director
$0 $0 $0
CYNDY BROWN SECRETARY 2.00
Officer
$0 $0 $0
THEUNIS MYBURG TREASURER 2.00
Officer
$0 $0 $0
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2021 $195,299 $180,191 $328,304 $15,108
2020 $197,322 $187,769 $317,424 $9,553
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