Five Points Board of REALTORS Inc
Nonprofit profile at a glance
- EIN
- 741940749
- IRS 990 coverage
- 2010–2024
- Forms available
- Form 990 2024
- Location
- Round Rock, TX, USA
- Phone
- 5122556211
- Rating
- 54
- Verdict
- MIXED
- Rating confidence
- Moderate
Reported finances
- Revenue
- $1,223,353
- Expenses
- $960,240
- Assets
- $3,728,004
- Liabilities
- $1,154,498
Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
13 people listed
Executive titles in this filing
- Heather Bonamo (CEO)
- Julie Jones (President)
- Kim Dale (Past President)
Highest reported compensation
- Heather Bonamo (CEO): $145,406 total reported compensation
Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
The objectives of Five Points Board of REALTORS are (1) to unite those engaged in the recognized branches of the real estate profession for the purpose of exerting a beneficial influence upon the profession and related interest, (2) to promote and maintain high standards of conduct in the real estate profession as expressed in the Code of Ethics of the National Association of REALTORS, (3) to provide a unified medium for real estate owners and those engaged in the real estate profession whereby their interests may be safeguarded and advanced, (4) to further the interests of real property ownership, (5) to unite those engaged in the real estate profession in Bastrop and Williamson Counties with the Texas REALTORS and the National Association of REALTORS, thereby furthering their own objectives throughout the state and nation and obtaining the benefits and privileges of membership therein, (6) to designate, for the benefit of the public, those individuals authorized to use the terms REAL
What it reported doing in 2024
AFFILIATE MEMBERSFive Points Board of REALTORS members benefited from the Associations affiliate members. These include mortgage lenders, title companies, builders, inspectors, appraisers and other industry related companies. Five Points Board of REALTORS is an ideal forum for developing new business with the various professionals within a multi-faceted industry.
Operating model
- Revenue model
- Mixed. Its operating money came from several sources; no one source provided a clear majority.
- Distribution model
- Cannot be determined from the filing. The filing does not provide enough consistent spending detail to tell whether the nonprofit works directly or through others.
The verdict
MIXED - The filed numbers largely add up and most voting board members are independent. A relatively small share of available resources goes toward mission work and a relatively small share of total spending goes to programs.
Rating breakdown
- Financial Efficiency: 0
- Transparency & Controls: 100
- Accountability: 90
- Sustainability: 66
- Growth: 60
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 0%; rating input score 0
- Program expense ratio: 0%; rating input score 0
- Fundraising efficiency: Limited
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 63rd percentile among comparable filings
- Pay-setting controls: Limited
- Foreign activity oversight: Limited
- Grant itemization coverage: Limited
- Major donor itemization: Limited
- Related-party transparency: Yes; rating input score 100
Accountability
- Independent voting board: 100%; rating input score 100; 63rd percentile among comparable filings
- Governance controls: 6 of 8 controls in place; rating input score 75
- Conflict-of-interest policy: Pass
- Whistleblower policy: Pass
- Document-retention policy: Pass
- CEO compensation review process: Pass
- Other executive compensation review process: NotApplicable
- Form 990 shared with the board: Fail
- Board meeting minutes documented: Pass
- Audit committee oversight: Pass
- Independent financial-statement audit: Fail
Sustainability
- Operating margin: 21.5%; rating input score 78; 78th percentile among comparable filings
- Total-asset coverage ratio: 3.88; rating input score 80; 80th percentile among comparable filings
- Liabilities to assets ratio: 0.31; rating input score 24; 24th percentile among comparable filings
- Officer compensation ratio: 15.1%; rating input score 23; 23rd percentile among comparable filings
Growth
- Program expense growth: -20.7% per year; rating input score 0; 2nd percentile among comparable filings
- Revenue growth: 12% per year; rating input score 100; 72nd percentile among comparable filings
- Asset growth: 4.2% per year; rating input score 100; 35th percentile among comparable filings
Details
- Where the money goes: 0% of revenue deployed · 0% of spending went to programs
- Governance: 12 of 12 board members independent · 6 of 8 filing controls reported
- Programs: 4 filed program accomplishments
- Leadership: top reported pay $145K · 13 people listed
- Consistency: 14 of 15 current checks pass · 1 finding to review
- Schedules: 4 filed schedules · includes related organizations
- Filing history: 15 filing years from 2010 to 2024
- Contacts: How to reach this organization
- Money network: 1 filed money-flow record
- Related organizations: 1 filed related-organization link
- Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
- People: Everyone the filings name, and which of them the filings identify by more than a name.
Key Signals
Signals prioritize questions for review. They are not findings of misconduct.
- High — Financial Efficiency: Mission deployment rate scored 0/100.
- High — Financial Efficiency: Program expense ratio scored 0/100.
- Review — Accountability: Governance controls: 2 of 8 not reported.
- High — Growth: Program expense growth scored 0/100.
- Moderate — Transparency & Controls: Functional expense sum did not reconcile in the filed values.
- High — Sustainability: Liabilities to assets ratio scored 24/100.
- High — Sustainability: Officer compensation ratio scored 23/100.