CRESCENT PARK HOUSTON HOMEOWNERS ASSOCIATION INC

EIN: 721533662 Housing & Shelter

HOUSTON, TX

Total Revenue
$204,618
Total Expenses
$328,279
Total Assets
$74,443
Net Assets
$-29,365
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2002
Legal Domicile
TX
Principal Officer
LILIA DE PAZ MEDRANO
Phone
8325937300
Tax Period
2024-01-01 to 2024-12-31

CRESCENT PARK HOUSTON HOMEOWNERS ASSOCIATION INC, founded in 2002, is a small nonprofit in the Housing & Shelter sector that reported $205K in total revenue in fiscal year 2024. Expenses of $328K exceeded revenue, resulting in a 60% operating deficit.

Mission

To promote the recreation, health, safety, and wefare of the residents, to provide for the improvement, maintenance and management of any common areas and facilities, and to enforce the covenants to preserve the communitys appearance.

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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 $204,512
Investment Income $106
Other Revenue $0
TOTAL REVENUE $204,618

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $304,139
Other Expenses $328,279
TOTAL EXPENSES $328,279

Year-over-Year Comparison

2024 2023 Change
Revenue $204,618 $198,356 +0.0%
Expenses $328,279 $326,068 +0.0%
Net Income $-123,661 $-127,712 0.0%
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
3
Independent Members
3
Employees
N/A
Volunteers
3

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
3
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
LILIA DE PAZ MEDRANO PRESIDENT 2.00
Director
$0 $0 $0
ALI MANSOOR VICE PRESIDENT 2.00
Director
$0 $0 $0
MEHO IMSIROVIC SECRETARY 2.00
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
2024 $204,618 $328,279 $74,443 $-123,661
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