VILLAGE OF OAK LAKE HOMEOWNERS (EIN 760151087) - Form 990 Financial Analysis & Trantor Score

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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

1985

Legal Domicile

Phone

2813439178

Tax Period

2024-01-01 to 2024-12-31

VILLAGE OF OAK LAKE HOMEOWNERS, founded in 1985, is a small nonprofit in the Housing & Shelter sector that reported $594K in total revenue in fiscal year 2024. Expenses of $712K exceeded revenue, resulting in a 20% operating deficit.

Mission

The Association formed to act as a management body to provide maintenance, preservation, and architectural control of both the real property of owners in common and property owned individually, in Village of Oak Lake subdivision, in Fort Bend County, TX.

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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 (2024)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $571,492

Investment Income $3,920

Other Revenue $18,213

TOTAL REVENUE $593,625

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $643,620

Other Expenses $711,561

TOTAL EXPENSES $711,561

Year-over-Year Comparison

	2024	2023	Change
Revenue	$593,625	$583,847	+0.0%
Expenses	$711,561	$775,495	-0.1%
Net Income	$-117,936	$-191,648	-0.4%

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

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
Joe Hernandez	Director	2.00	Director	$0	$0	$0
Jessica Henderson	Secretary	2.00	Officer Director	$0	$0	$0
Mike Garretson	Vice President	2.00	Officer Director	$0	$0	$0
Kazi Jalai	Treasurer	2.00	Officer Director	$0	$0	$0
Eric Sutton	President	2.00	Officer 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	$593,625	$711,561	$954,916	$-117,936
2023	$583,847	$775,495	$1,045,083	$-191,648
2022	$576,652	$576,262	$1,256,321	$390
2021	$557,499	$505,230	$1,218,024	$52,269
2020	$568,590	$481,491	$1,166,414	$87,099

VILLAGE OF OAK LAKE HOMEOWNERS