KINGS RIDGE HOMEOWNERS ASSOCIATION

EIN: 752921146 Housing & Shelter

DALLAS, TX

Total Revenue
$630,230
Total Expenses
$650,496
Total Assets
$911,528
Net Assets
$586,439
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2000
Legal Domicile
TX
Principal Officer
PAUL NOLTE
Phone
9723803505
Tax Period
2024-01-01 to 2024-12-31

KINGS RIDGE HOMEOWNERS ASSOCIATION, founded in 2000, is a small nonprofit in the Housing & Shelter sector that reported $630K in total revenue in fiscal year 2024.

Mission

THE ASSOCIATION HAS BEEN ORGANIZED FOR THE FOLLOWING PURPOSES: TO PROMOTE THE SAFETY, WELFARE AND ENJOYMENT OF THE RESIDENTS WITHIN THE PROPERLY AND SUCH ADDITIONS THERETO AS MAY HEREAFTER BE BROUGHT WITHIN THE JURISDICTION OF THE ASSOCIATION BY ANNEXATION AS PROVIDED IN SECTION 6.02 BELOW AND FOR THIS PURPOSE TO: (A) OWN, ACQUIRE, OPERATE AND MAINTAIN COMMONS, STREETS, FOOTWAYS AND PERSONAL PROPERTIES INCIDENT THERETO (B) PROVIDE EXTERIOR MAINTENANCE FOR THE LOTS AND HOMES WITHIN THE PROPERTY (C) PROVIDE GARBAGE AND TRASH COLLECTION (D) MAINTAIN UNKEMPT LANDS OR TREES (E) SUPPLEMENT MUNICIPAL SERVICES (T) FIX ASSESSMENTS (OR CHARGES) TO BE LEVIED AGAINST THE PROPERTY ENFORCE ANY AND ALL COVENANTS, RESTRICTIONS AND AGREEMENTS APPLICABLE TO THE (H) PAY TAXES, IF ANY, ON THE COMMON PROPERTIES AND (I) INSOFAR AS PERMITTED BY LAW, TO DO ANY OTHER THING THAT, IN THE OPINION OF THE BOARD OF DIRECTORS, WILL PROMOTE THE COMMON BENEFIT AND ENJOYMENT OF THE 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 $0
Program Service Revenue $630,230
Investment Income $0
Other Revenue $0
TOTAL REVENUE $630,230

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $606,740
Other Expenses $650,496
TOTAL EXPENSES $650,496

Year-over-Year Comparison

2024 2023 Change
Revenue $630,230 N/A N/A
Expenses $650,496 N/A N/A
Net Income $-20,266 N/A N/A
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

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Liquidity & Cash Position

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Governance

Voting Members
5
Independent Members
5
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
4
$0
Total Directors
5
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
PAUL NOLTE PRESIDENT 7.00
Officer Director
$0 $0 $0
JERRY HOGUE VICE PRESIDE 2.00
Officer Director
$0 $0 $0
MICHAEL STURTEVANT TREASURER 2.00
Officer Director
$0 $0 $0
LISA WILLIAMS SECRETARY 8.00
Officer Director
$0 $0 $0
GREGORY STIEBLING 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
2025 No data No data No data No data
2024 $630,230 $650,496 $911,528 $-20,266
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