NORRIS G SCHEXNIDER MEMORIAL HOME ASSOCIATION

EIN: 352572101 Community Improvement

MAGNOLIA, TX

Total Revenue
$362,703
Total Expenses
$2,631
Total Assets
$2,852,372
Net Assets
$2,852,372
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2016
Legal Domicile
TX
Principal Officer
DR SYDNEY MARLBOROGUH
Phone
2817054283
Tax Period
2024-07-01 to 2025-06-30

NORRIS G SCHEXNIDER MEMORIAL HOME ASSOCIATION, founded in 2016, is a small nonprofit in the Community Improvement sector that reported $363K in total revenue in fiscal year 2024. The organization ran a surplus of $360K, a strong 99% operating margin.

Mission

TO PROMOTE FRATERNAL, CHARITABLE, EDUCATIONAL, CIVIC, ATHELETIC AND SOCIAL PURSUITS. TO RENDER MUTUAL AID AND ASSISTANCE TO THE SICK, DISABLED AND NEEDY MEMBERS AND THEIR FAMILIES. TO SUPPORT AND COOPERATE WITH ALL OF THE FRATERNAL, CHARITABLE, RELIGIOUS, PATRIOTIC AND CIVIC ENTERPRISES OF FATHER FRANK JONES KNIGHTS OF COLUMBUS COUNCIL 11866.

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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 (2024)

Revenue Breakdown

Contributions & Grants $0
Program Service Revenue $0
Investment Income $63,003
Other Revenue $299,700
TOTAL REVENUE $362,703

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Other Expenses $2,631
TOTAL EXPENSES $2,631

Year-over-Year Comparison

2024 2023 Change
Revenue $362,703 $342,234 +0.1%
Expenses $2,631 $2,464 +0.1%
Net Income $360,072 $339,770 +0.1%
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

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Liquidity & Cash Position

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Governance

Voting Members
11
Independent Members
11
Employees
N/A
Volunteers
18

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
0
$0
Total Directors
11
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
NORRIS G SCHEXNIDER JR PRESIDENT 1.00
Director
$0 $0 $0
JARED M KING VICE PRESIDENT 1.00
Director
$0 $0 $0
DR SYDNEY J MARLBOROUGH TREASURER 1.00
Director
$0 $0 $0
RONNIE G DOUD RECORDER 1.00
Director
$0 $0 $0
ANGELO J RUBIO AT LARGE OFFICER 1.00
Director
$0 $0 $0
RICKIE CHOATE AT LARGE OFFICER 1.00
Director
$0 $0 $0
STEVEN C BUREAU AT LARGE OFFICER 1.00
Director
$0 $0 $0
MICHAEL J STEINBACH AT LARGE OFFICER 1.00
Director
$0 $0 $0
JAMES R SCOTT AT LARGE OFFICER 1.00
Director
$0 $0 $0
JOSEPH A GEIMAN AT LARGE OFFICER 1.00
Director
$0 $0 $0
ROBERT E BELKNAP JR MEMBER 1.00
Director
$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
2025 $362,703 $2,631 $2,852,372 $360,072
2024 $342,234 $2,464 $2,493,836 $339,770
2023 $277,147 $8,005 $2,152,662 $269,142
2022 $280,868 $13,644 $1,884,831 $267,224
2021 $368,123 $44,619 $1,617,607 $323,504
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