ASHFORD POINT OWNERS ASSN INC

EIN: 760027581

HOUSTON, TX

Total Revenue
$216,671
Total Expenses
$215,328
Total Assets
$108,417
Net Assets
$108,417
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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
1982
Legal Domicile
TX
Principal Officer
WINIFRED COLLINS
Phone
7137724420
Tax Period
2021-01-01 to 2021-12-31

ASHFORD POINT OWNERS ASSN INC, founded in 1982, is a small nonprofit that reported $217K in total revenue in fiscal year 2021.

Mission

CIVIC COMMON AREA MAINTENANCE

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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 (2021)

Revenue Breakdown

Contributions & Grants $0
Program Service Revenue $216,642
Investment Income $29
Other Revenue $0
TOTAL REVENUE $216,671

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $195,348
Other Expenses $215,328
TOTAL EXPENSES $215,328

Year-over-Year Comparison

2021 2020 Change
Revenue $216,671 $213,179 +0.0%
Expenses $215,328 $194,877 +0.1%
Net Income $1,343 $18,302 -0.9%
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
3
Independent Members
3
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
2
$0
Total Directors
3
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
WINIFRED COLLINS PRESIDENT 2.00
Officer Director
$0 $0 $0
AZMAL KHAN SECRETARY/TR 1.00
Officer Director
$0 $0 $0
VICTOR A KORMEIER DIRECTOR 0.25
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 $216,671 $215,328 $108,417 $1,343
2020 $213,179 $194,877 $114,236 $18,302
2019 $217,608 $214,686 $88,772 $2,922
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