Colony Grant Homeowners Association (EIN 741982474) - Form 990 Financial Analysis & Trantor Score

🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Financial Trends

Organization Details

Formation Year

1978

Legal Domicile

Phone

2104900000

Tax Period

2024-01-01 to 2024-12-31

Colony Grant Homeowners Association, founded in 1978, is a small nonprofit in the Housing & Shelter sector that reported $870K in total revenue in fiscal year 2024. Revenue surged 21% from the prior year, signaling strong growth momentum. The organization ran a surplus of $221K, a strong 25% operating margin.

Mission

The assocition is organized to provide for maintenance, preservation and architectural control of the residential lots within Colony Grant, a subdivision in Fort Bend County, Texas.

🔒

Trantor Score

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

Sign in to view Trantor Score and financial metrics

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

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $734,045

Investment Income $135,558

Other Revenue $0

TOTAL REVENUE $869,603

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $554,753

Other Expenses $648,863

TOTAL EXPENSES $648,863

Year-over-Year Comparison

	2024	2023	Change
Revenue	$869,603	$720,090	+0.2%
Expenses	$648,863	$686,168	-0.1%
Net Income	$220,740	$33,922	+5.5%

Key Indicators

✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✗ Schedule B Required

🔒

Financial Health Indicators

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

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

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

Governance

Voting Members

Independent Members

Employees

N/A

Volunteers

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Karl Schuler	President	3.00	Officer Director	$0	$0	$0
Daryl C Counts	Vice President	3.00	Officer Director	$0	$0	$0
William R Woodard	Treasurer	3.00	Officer Director	$0	$0	$0
Eric Hamilton Wey	Secretary	3.00	Officer Director	$0	$0	$0
Kathryn S Crum	Director	3.00	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	$869,603	$648,863	$3,799,609	$220,740
2023	$720,090	$686,168	$3,237,774	$33,922
2022	$487,480	$521,734	$2,986,036	$-34,254
2021	$467,512	$483,996	$2,637,781	$-16,484
2020	$930,418	$436,105	$2,148,963	$494,313
2019	$890,870	$504,565	$1,665,454	$386,305
2018	$825,235	$399,784	$1,243,285	$425,451

Colony Grant Homeowners Association