Gleannloch Farms Commercial Property Owners Assoc Co Fsr
Nonprofit profile at a glance
- EIN
- 760657503
- IRS 990-EZ coverage
- 2022–2024
- Forms available
- Form 990-EZ 2024
- Location
- Houston, TX, USA
- Phone
- 7139321122
- Rating
- 81
- Verdict
- STRONG
- Rating confidence
- Moderate
Reported finances
- Revenue
- $154,009
- Expenses
- $115,035
- Assets
- $417,202
- Liabilities
- $12,816
Source: IRS Form 990-EZ. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
3 people listed
Executive titles in this filing
- TAD SHIRLEY (President)
- STEVEN THOMAS (Vice President)
People named in this filing
- SHAY MCGARR (Director)
- TAD SHIRLEY (President)
- STEVEN THOMAS (Vice President)
Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.
Source: IRS Form 990-EZ. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
Civic & social welfare organization - promoting the common good and general welfare of the public and members of the community through the maintenance and management of the association and the property , and providing services to the community.
What it reported doing in 2024
Landscape expense - promoting the common good and general welfare of the public and members of the community through the maintenance and management of the association and the property, and providing services to the community.
Operating model
- Revenue model
- Cannot be determined from the filing. The filing does not provide enough consistent revenue detail to tell how this nonprofit funds its work.
- Distribution model
- Direct operator. The filing allocates 100% of reported program-service expenses outside its grant, affiliate-payment, and member-benefit lines. This expense classification does not rule out separately announced grant awards.
The verdict
STRONG - A large share of available resources goes toward mission work and the filed numbers largely add up. Liabilities are high compared with assets.
Rating breakdown
- Financial Efficiency: 78
- Transparency & Controls: 82
- Sustainability: 76
- Growth: 100
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 68.7%; rating input score 69
- Program expense ratio: 91.9%; rating input score 92
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 52nd percentile among comparable filings
- Major donor itemization: Limited
Sustainability
- Operating margin: 25.3%; rating input score 80; 80th percentile among comparable filings
- Total-asset coverage ratio: 3.63; rating input score 92; 92nd percentile among comparable filings
- Liabilities to assets ratio: 0.03; rating input score 34; 34th percentile among comparable filings
- Officer compensation ratio: 0%; rating input score 63; 63rd percentile among comparable filings
Growth
- Program expense growth: 22.9% per year; rating input score 100; 79th percentile among comparable filings
- Revenue growth: 11.5% per year; rating input score 100; 70th percentile among comparable filings
- Asset growth: 5.5% per year; rating input score 100; 47th percentile among comparable filings
Details
- Where the money goes: 68.7% of revenue deployed · 91.9% of spending went to programs
- Governance: Filed governance answers
- Accomplishments: 3 filed program accomplishments · $106K in reported program spending
- Leadership: top reported pay $0 · 3 people listed
- Consistency: 8 of 8 current checks pass
- Schedules: 1 filed schedules
- Filing history: 3 filing years from 2022 to 2024
- Contacts: How to reach this organization
- 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.
- Moderate — Sustainability: Liabilities to assets ratio scored 34/100.