THE PENINSULAS AT LAKE BOB SANDLIN

EIN: 820838289

RICHARDSON, TX

Total Revenue
$187,327
Total Expenses
$212,008
Total Assets
$1,166,643
Net Assets
$1,123,389
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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
2006
Legal Domicile
TX
Phone
8008084882
Tax Period
2024-01-01 to 2024-12-31

THE PENINSULAS AT LAKE BOB SANDLIN, founded in 2006, is a small nonprofit that reported $187K in total revenue in fiscal year 2024. Expenses of $212K exceeded revenue, resulting in a 13% operating deficit.

Mission

THIS ORGANIZATION IS A HOMEOWNERS ASSOCIATION SO THE ORGANIZATIONS MISSION IS TO PROVIDE MAINTENANCE AND PRESERVATION OF THE COMMON AREAS WHICH BENEFIT THE COMMUNITY AND PUBLIC AT LARGE.

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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 $0
Investment Income $3,204
Other Revenue $184,123
TOTAL REVENUE $187,327

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $0
Other Expenses $212,008
TOTAL EXPENSES $212,008

Year-over-Year Comparison

2024 2023 Change
Revenue $187,327 N/A N/A
Expenses $212,008 N/A N/A
Net Income $-24,681 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
4

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
0
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
JENE A HARRELL PRESIDENT 1.00
Officer
$0 $0 $0
TAMMY S RANDOLPH SECRETARY 1.00
Officer
$0 $0 $0
MICHAEL A MAYBERRY TREASURER 1.00
Officer
$0 $0 $0
LYLE A WRIGHT MEMBER AT LARGE 1.00
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
2024 $187,327 $212,008 $1,166,643 $-24,681
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