HOUSTON, TX
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)LAKE SHORE HARBOUR COMMUNITY ASSOCIATION INC, founded in 2002, is a community nonprofit in the Housing & Shelter sector that reported $1.1M in total revenue in fiscal year 2024.
TO ENHANCE THE ENVIRONMENT AND AESTHETICS OF THE COMMUNITY BY MAINTAINING ALL PUBLIC AREAS. TO PROVIDE RECREATIONAL FACILITIES TO COMMUNITY MEMBERS, AND TO PROMOTE SECURITY AND SAFETY MEASURES IN THE COMMUITY.
Objective 1 - The general administration and operation of the community, and maintenance of all common areas and recreational facilitied for the use and benefit of the community at large.
To maintain all common area landscaping and grounds, including the trees, shrubs, flowers and grass, as well as the irrigation system and all lakes and fountains with the community for the enjoyment...
To maintain all common area landscaping and grounds, including the trees, shrubs, flowers and grass, as well as the irrigation system and all lakes and fountains with the community for the enjoyment of the residents.
Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency
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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)
Sign In — Free (10 views/day)| 2024 | 2023 | Change | |
|---|---|---|---|
| Revenue | $1,143,379 | $1,103,713 | +0.0% |
| Expenses | $1,216,579 | $997,716 | +0.2% |
| Net Income | $-73,200 | $105,997 | -1.7% |
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
Sign In| Name | Title | Hours/Week | Role | Reportable Comp | Other Comp | Total |
|---|---|---|---|---|---|---|
| Richard Watts | President | 2.00 |
Director
|
$0 | $0 | $0 |
| Verne Dipasca | Vice President | 2.00 |
Director
|
$0 | $0 | $0 |
| Jignesh Bhakta | Treasurer | 2.00 |
Director
|
$0 | $0 | $0 |
| Clarence Brownlow | Secretary | 2.00 |
Director
|
$0 | $0 | $0 |
| Frank Nunez | DIRECTOR | 2.00 |
Director
|
$0 | $0 | $0 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2024 | $1,143,379 | $1,216,579 | $1,775,051 | $-73,200 |
| 2023 | $1,103,713 | $997,716 | $1,667,033 | $105,997 |
| 2022 | $1,062,227 | $888,721 | $1,688,767 | $173,506 |
| 2021 | $978,269 | $675,790 | $1,571,664 | $302,479 |
| 2020 | $927,172 | $771,895 | $1,346,967 | $155,277 |
| 2019 | $907,522 | $962,705 | $1,095,434 | $-55,183 |
Compare LAKE SHORE HARBOUR COMMUNITY ASSOCIATION INC with other nonprofits in Texas and across the country.