LAKE MCQUEENEY PROP OWNERS ASSN IN… - Form 990 Financial Data

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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year

1994

Legal Domicile

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

NONE

Program Service Accomplishments

Program 1

Expenses: $106,257

PRESERVATION TASK FORCE - CREATION OF A PRESERVATION TASK FORCE TO WORK TOWARD FINDING A SOLUTION FOR THE REPAIR OR REPLACEMENT OF THE LAKE MCQUEENEY DAM, AND ENSURING EFFICIENT & RELIABLE OPERATON AND MAINTENANCE OVER THE LONG TERM. RESPONSIBILITY ALSO INCLUDES IMPLEMENTATION OF A WATER DISTRICT AND TO UNDERTAKE LEGAL ACTION TO STOP DRAINING OF THE LAKES.

Program 2

Expenses: $8,630

SAFETY - MAINTAINED SAFETY BUOYS ON THE LAKE. REMOVED DEBRIS, TREES AND STUMPS THAT WERE HAZARDOUS TO THE LAKE WATERWAYS, DUE TO FLOODING. CONTRACTED BIOLOGISTS TO CHECK FOR WATER QUALITY AND...

SAFETY - MAINTAINED SAFETY BUOYS ON THE LAKE. REMOVED DEBRIS, TREES AND STUMPS THAT WERE HAZARDOUS TO THE LAKE WATERWAYS, DUE TO FLOODING. CONTRACTED BIOLOGISTS TO CHECK FOR WATER QUALITY AND INVASIVE PLANTS ON A QUARTERLY BASIS, AND EDUCATE BOARD MEMBERS TO IDENTIFY INVASIVE SPECIES.

Program 3

Expenses: $42,957

INFORMATION - PRODUCED AND DISTRIBUTED FLOOD INFORMATION TO ALL WATERFRONT PROPERTY OWNERS. PROVIDED AND MAINTAINED A WEBSITE WITH LINGS, EMAIL NOTICES AND INFORMATION, AND COMMUNICATION THROUGH...

INFORMATION - PRODUCED AND DISTRIBUTED FLOOD INFORMATION TO ALL WATERFRONT PROPERTY OWNERS. PROVIDED AND MAINTAINED A WEBSITE WITH LINGS, EMAIL NOTICES AND INFORMATION, AND COMMUNICATION THROUGH FACEBOOK. DISTRIBUTED TO MEMBERS METAL PLAQUES TO DISPLAY ON THEIR WATER FRONTS/BOAT DOCKS. ATTENDED MEETINGS IN AUSTIN REGARDING WATER FLOWS AND WATER QUALITY ISSUES THAT BENEFITED BOTH THE PUBLIC AND MEMBERS THAT USE LAKE MCQUEENEY. WORKED EXTENSIVELY WITH GUADALUPE BLANCO RIVER AUTHORITY ON THE SCOPE OF DAM REPAIR, OPTIONS, AND REPAIR STATUS.

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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%)

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

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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

Governance

Voting Members

Independent Members

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

Total Directors

Key Employees

Highest Compensated

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

LAKE MCQUEENEY PROP OWNERS ASSN INC DBA FRIENDS OF LAKE MCQUEENEY