HARDY YARDS PROPERTY OWNERS ASSN

EIN: 811337423

Houston, TX

Total Revenue
$151,706
Total Expenses
$108,989
Total Assets
$75,352
Net Assets
$57,854
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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
2015
Legal Domicile
TX
Principal Officer
DAVID ADAME
Tax Period
2022-01-01 to 2022-12-31

HARDY YARDS PROPERTY OWNERS ASSN, founded in 2015, is a small nonprofit that reported $152K in total revenue in fiscal year 2022. The organization ran a surplus of $43K, a strong 28% operating margin.

Mission

TO PROVIDE SERVICES TO THE COMMUNITY AT LARGE MUCH LIKE A QUASI GOVERNMENTAL UNIT

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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 (2022)

Revenue Breakdown

Contributions & Grants $151,706
Program Service Revenue $0
Investment Income $0
Other Revenue $0
TOTAL REVENUE $151,706

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $62,980
Other Expenses $108,989
TOTAL EXPENSES $108,989

Year-over-Year Comparison

2022 2021 Change
Revenue $151,706 N/A N/A
Expenses $108,989 N/A N/A
Net Income $42,717 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

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
4
Independent Members
4
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
1
$0
Total Directors
0
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
DAVID ADAME DIRECTOR 0.00
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
2022 $151,706 $108,989 $75,352 $42,717
2019 $204,006 $137,994 $78,916 $66,012
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