THE LAKES AT COUNTRY PLACE (EIN 760582549) - Form 990 Financial Analysis & Trantor Score

🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Financial Trends

Organization Details

Formation Year

1998

Legal Domicile

Phone

2819478675

Tax Period

2024-01-01 to 2024-12-31

THE LAKES AT COUNTRY PLACE, founded in 1998, is a small nonprofit in the Housing & Shelter sector that reported $967K in total revenue in fiscal year 2024. Expenses of $830K left a modest 14% surplus.

Mission

The Association, under Texas law, provides: enforcement of restrictions contained in their declarations; maintenance/preservation of common areas and facilities; and manages collection and expenditures of maintenance funds for the benefit of owners and residents in the community.

🔒

Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

Sign in to view Trantor Score and financial metrics

Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $856,440

Investment Income $5,814

Other Revenue $104,470

TOTAL REVENUE $966,724

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $784,426

Other Expenses $830,377

TOTAL EXPENSES $830,377

Year-over-Year Comparison

	2024	2023	Change
Revenue	$966,724	$972,522	0.0%
Expenses	$830,377	$1,044,126	-0.2%
Net Income	$136,347	$-71,604	-2.9%

Key Indicators

✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✗ Schedule B Required

🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

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
Mary Traub	Treasurer	20.00	Officer Director	$0	$0	$0
Carla Curtis	Vice President	2.00	Officer Director	$0	$0	$0
Agnes Guthrie	Secretary	15.00	Officer Director	$0	$0	$0
Sam Bhullar	President	20.00	Officer Director	$0	$0	$0
Ralph Cooper	Director	2.00	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
2024	$966,724	$830,377	$746,246	$136,347
2023	$972,522	$1,044,126	$760,514	$-71,604
2022	$904,161	$1,045,557	$658,934	$-141,396
2021	$920,995	$803,999	$925,958	$116,996
2020	$914,781	$925,924	$818,651	$-11,143

THE LAKES AT COUNTRY PLACE