LAKEHILL INWOOD PARK ASSOCIATION INC

EIN: 874655327

DALLAS, TX

Total Revenue
$301
Total Expenses
$143,269
Total Assets
$7,660
Net Assets
$7,660
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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
2022
Legal Domicile
TX
Principal Officer
WILLIAM EDWARD MEYER
Phone
2149125088
Tax Period
2023-01-01 to 2023-12-31

LAKEHILL INWOOD PARK ASSOCIATION INC, founded in 2022, is a micro nonprofit that reported $301 in total revenue in fiscal year 2023. Revenue fell 100% from the prior year — a significant decline worth monitoring. Expenses of $143K exceeded revenue, resulting in a 47498% operating deficit.

Mission

TO PRESERVE AND MAINTAIN THE NEIGHBORHOOD OF INWOOD PARK ESTATES.

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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 (2023)

Revenue Breakdown

Contributions & Grants $301
Program Service Revenue $0
Investment Income $0
Other Revenue $0
TOTAL REVENUE $301

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $141,631
Other Expenses $143,269
TOTAL EXPENSES $143,269

Year-over-Year Comparison

2023 2022 Change
Revenue $301 $250,003 -1.0%
Expenses $143,269 $99,375 +0.4%
Net Income $-142,968 $150,628 -1.9%
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
3
$0
Total Directors
3
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
WILLIAM E MEYER PRESIDENT 1.00
Officer Director
$0 $0 $0
MICHAEL BECK SECRETARY 0.00
Officer Director
$0 $0 $0
STUART FITTS DIRECTOR 0.00
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
2023 $301 $143,269 $7,660 $-142,968
2022 $250,003 $99,375 $150,628 $150,628
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