LAKE MCQUEENEY PROP OWNERS ASSN INC DBA FRIENDS OF LAKE MCQUEENEY

EIN: 742121275 501(c)(3) Environment

MCQUEENEY, TX

Total Revenue
$72,172
Total Expenses
$164,795
Total Assets
$469,755
Net Assets
$469,755
🔒

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

Sign In — Free (10 views/day)

Financial Trends

Organization Details

Formation Year
1994
Legal Domicile
TX
Principal Officer
KENDRA WRAY
Phone
8305602209
Tax Period
2020-08-01 to 2021-07-31

LAKE MCQUEENEY PROP OWNERS ASSN INC DBA FRIENDS OF LAKE MCQUEENEY, founded in 1994, is a micro nonprofit in the Environment sector that reported $72K in total revenue in fiscal year 2020. Revenue fell 95% from the prior year — a significant decline worth monitoring. Expenses of $165K exceeded revenue, resulting in a 128% operating deficit.

Mission

PRESERVATION OF LAKE MCQUEENEY

🔒

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%)

Sign In — Free (10 views/day)

Financial Overview (2020)

Revenue Breakdown

Contributions & Grants $70,241
Program Service Revenue $0
Investment Income $1,931
Other Revenue $0
TOTAL REVENUE $72,172

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $157,844
Other Expenses $164,795
TOTAL EXPENSES $164,795

Year-over-Year Comparison

2020 2019 Change
Revenue $72,172 $1,410,903 -0.9%
Expenses $164,795 $1,188,985 -0.9%
Net Income $-92,623 $221,918 -1.4%
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

Sign In

Governance

Voting Members
17
Independent Members
17
Employees
N/A
Volunteers
N/A

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
17
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
WELDON DIETZE PRESIDENT 10.00
Director
$0 $0 $0
MATT HANNON VICE PRESIDENT 5.00
Director
$0 $0 $0
LARRY SCHWAB SECRETARY 5.00
Director
$0 $0 $0
KENDRA WRAY TREASURER 5.00
Director
$0 $0 $0
PETER BADGER DIRECTOR 1.00
Director
$0 $0 $0
LARRY MCDANIEL DIRECTOR 1.00
Director
$0 $0 $0
PAUL MUELLER DIRECTOR 1.00
Director
$0 $0 $0
LACEY GOSCH DIRECTOR 1.00
Director
$0 $0 $0
ROB WEZEMAN DIRECTOR 1.00
Director
$0 $0 $0
BERNIE CROAN DIRECTOR 1.00
Director
$0 $0 $0
STEPHEN SCHWARZBACH DIRECTOR 1.00
Director
$0 $0 $0
PAUL SWOPE DIRECTOR 1.00
Director
$0 $0 $0
BOB SIMS DIRECTOR 1.00
Director
$0 $0 $0
KAREN MCMILLIAN DIRECTOR 1.00
Director
$0 $0 $0
THOMAS SCHLEIER DIRECTOR 1.00
Director
$0 $0 $0
CHARLES SHUMATE DIRECTOR 1.00
Director
$0 $0 $0
KEVIN BRUMLEY DIRECTOR 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
2021 $72,172 $164,795 $469,755 $-92,623
Explore More Nonprofits
Top 100 Nonprofits in Texas Largest U.S. Nonprofits Best Rated Nonprofits Most Efficient Nonprofits

Compare LAKE MCQUEENEY PROP OWNERS ASSN INC DBA FRIENDS OF LAKE MCQUEENEY with other nonprofits in Texas and across the country.