VICKSBURG VILLAGE HOMEOWNERS ASSOCIATION

EIN: 742498890 Community Improvement

KERRVILLE, TX

Total Revenue
$284,502
Total Expenses
$256,657
Total Assets
$334,013
Net Assets
$326,485
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1987
Legal Domicile
TX
Principal Officer
TOM JOHNSON
Phone
8302572442
Tax Period
2024-01-01 to 2024-12-31

VICKSBURG VILLAGE HOMEOWNERS ASSOCIATION, founded in 1987, is a small nonprofit in the Community Improvement sector that reported $285K in total revenue in fiscal year 2024. Expenses of $257K left a modest 10% surplus.

Mission

THIS ORGANIZATION IS A HOMEOWNER'S ASSOCIATION WHOSE SOLE PURPOSE IS TO COLLECT DUES FROM THE RESIDENTS TO PROVIDE OUTSIDE MAINTNENANCE AND REPAIRS TO THE CLUBHOUSE USED SOLEY BY IT'S RESIDENTS.

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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 $278,980
Program Service Revenue $0
Investment Income $5,522
Other Revenue $0
TOTAL REVENUE $284,502

Expense Breakdown

Grants Paid $0
Salaries & Benefits $24,124
Fundraising Expenses $0
Program Expenses $256,657
Other Expenses $232,533
TOTAL EXPENSES $256,657

Year-over-Year Comparison

2024 2023 Change
Revenue $284,502 $297,950 0.0%
Expenses $256,657 $222,382 +0.2%
Net Income $27,845 $75,568 -0.6%
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
7
Independent Members
7
Employees
1
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
4
$0
Total Directors
3
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
GWEN MYERS DIRECTOR 1.00
Director
$0 $0 $0
LARRY STAMPS DIRECTOR 1.00
Director
$0 $0 $0
DEAN SEALS DIRECTOR 2.00
Director
$0 $0 $0
TOM JOHNSON PRESIDENT 15.00
Officer
$0 $0 $0
TIMOTHY SHEETS PRESIDENT 5.00
Officer
$0 $0 $0
JAN PARTEN SECRETARY 3.00
Officer
$0 $0 $0
CINDY BREEN TREASURER 2.00
Officer
$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 $284,502 $256,657 $334,013 $27,845
2023 $297,950 $222,382 $306,956 $75,568
2022 $243,320 $263,707 $231,507 $-20,387
2021 $244,378 $245,710 $258,773 $-1,332
2020 $246,086 $253,399 $260,818 $-7,313
2019 $233,174 $238,947 $260,670 $-5,773
2018 $240,043 $228,644 $293,017 $11,399
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