Milestone Lyndhurst HOA
Nonprofit profile at a glance
- EIN
- 205300572
- IRS 990-EZ coverage
- 2021–2021
- Forms available
- Form 990-EZ 2021
- Location
- Keller, TX, USA
- Rating
- 54
- Verdict
- MIXED
- Rating confidence
- Moderate
- Sector
- Homeowners & Tenants Associations
Reported finances
- Revenue
- $59,728
- Expenses
- $79,163
- Assets
- $98,748
Source: IRS Form 990-EZ. Selected filing: tax year 2021. Amounts in USD.
Leadership & pay
5 people listed
Executive titles in this filing
- Dave Bennett (President)
- Brad Wright (Vice President)
People named in this filing
- Dave Bennett (President)
- Brad Wright (Vice President)
- Suzanne Gohr (Secretary)
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 2021. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
ThepurposeistopreservethepropertyvaluesoftheHOAmembersandtomaintainthecommonareasoftheassociation
What it reported doing in 2021
CreekErosionProject-wereinforcedthecreekareaofourHOAwithrockinordertopreventerosionAll69homeownerhouseholdsbenefitedfromthismaintenance improvement.
Operating model
- Revenue model
- Membership-supported. 97% of the money available for current operations came from membership dues.
- 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
MIXED - The filed numbers largely add up. 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: 39
- Transparency & Controls: 82
- Sustainability: 27
- Growth: NotEnoughData
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 42.7%; rating input score 43
- Program expense ratio: 32.2%; rating input score 32
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 51st percentile among comparable filings
- Major donor itemization: Limited
Sustainability
- Operating margin: -32.5%; rating input score 16; 16th percentile among comparable filings
- Total-asset coverage ratio: 1.25; rating input score 45; 45th percentile among comparable filings
- Liabilities to assets ratio: Limited
- Officer compensation ratio: 0%; rating input score 56; 56th percentile among comparable filings
Growth
- Program expense growth: Limited
- Revenue growth: Limited
- Asset growth: Limited
Details
- Where the money goes: 42.7% of revenue deployed · 32.2% of spending went to programs
- Governance: Filed governance answers
- Accomplishments: 1 filed program accomplishment · $26K in reported program spending
- Leadership: top reported pay $0 · 5 people listed
- Consistency: 6 of 6 current checks pass
- Schedules: 1 filed schedules
- Contacts: How to reach this organization
- 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.
- Moderate — Financial Efficiency: Mission deployment rate scored 43/100.
- Moderate — Financial Efficiency: Program expense ratio scored 32/100.
- High — Sustainability: Operating margin scored 16/100.
- Moderate — Sustainability: Total-asset coverage ratio scored 45/100.
- Review — Sustainability: Officer compensation ratio scored 56/100.