Willow Point Homes Association

Nonprofit profile at a glance

EIN
320763857
IRS 990-EZ coverage
2025–2025
Forms available
Form 990 2024, Form 990-EZ 2025
Location
Shreveport, LA, USA
Phone
3182185538
Rating
35
Verdict
REVIEW
Rating confidence
Moderate

Reported finances

Revenue
$22,312
Expenses
$37,502
Assets
$106,066
Liabilities
$0

Source: IRS Form 990-EZ. Selected filing: tax year 2025. Amounts in USD.

Leadership & pay

4 people listed

Executive titles in this filing

  • BRANDON PRICE (PRESIDENT)
  • KENNETH PAULOVICH (VICE PRESIDENT)

People named in this filing

  • BRANDON PRICE (PRESIDENT)
  • KENNETH PAULOVICH (VICE PRESIDENT)
  • WILLIAM BARFIELD (TREASURER)

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 2025. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

Willow point homes association inc. Is operated for the benefits of all 74 homes in the home owners association. No individual insures a salary or compensation for services to and for the hoa. The board of directors is elected for a one year term and receives no compensation for services rendered. Common grounds are operated for the enjoyment and use by all 74 homes in the association. An annual meeting is conducted to review the status and operations of the home owners assocaition. Covenants and operating procedures are reviewed, modified and operated for the mutual benefit of all members. A quorum vote is required for changes to covenants of operation. Willow point homes associations, inc. Operates under the provisions of 501 c (4)-1(a)(ii) a civic league or organization that is not organized or operated for profit and (ii) amd is operated exclusively for the promotion of social welfare of the association. Revrul 72-102 1972-1 c.b. 149 modofied by rul.74.99.

What it reported doing in 2025

Willow point homes association, inc. Is operated for the well being of 74 homes in the hoa. There are no salaries or payments insured to directors and memebers. All profit goes to giving back to the hoa itself and the upkeep of the common grounds.

Operating model

Revenue model
Donor-supported. 68% of the money available for current operations came from contributions and gifts.
Distribution model
No current program activity. The filing reports no program spending for the current year.

The verdict

REVIEW - 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: 0
  • Transparency & Controls: 82
  • Sustainability: 41
  • Growth: 0

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 0%; rating input score 0
  • Program expense ratio: 0%; rating input score 0

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 51st percentile among comparable filings
  • Major donor itemization: Limited

Sustainability

  • Operating margin: -68.1%; rating input score 10; 10th percentile among comparable filings
  • Total-asset coverage ratio: 2.83; rating input score 73; 73rd percentile among comparable filings
  • Liabilities to assets ratio: 0; rating input score 66; 66th percentile among comparable filings
  • Officer compensation ratio: 0%; rating input score 56; 56th percentile among comparable filings

Growth

  • Program expense growth: Limited
  • Revenue growth: -42.1% per year; rating input score 0; 7th percentile among comparable filings
  • Asset growth: -13.6% per year; rating input score 0; 14th percentile among comparable filings

Details

  • Where the money goes: 0% of revenue deployed · 0% of spending went to programs
  • Governance: Filed governance answers
  • Accomplishments: 2 filed program accomplishments
  • Leadership: top reported pay $0 · 4 people listed
  • Consistency: 8 of 8 current checks pass
  • Schedules: 1 filed schedules
  • 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.

  • High — Financial Efficiency: Mission deployment rate scored 0/100.
  • High — Financial Efficiency: Program expense ratio scored 0/100.
  • High — Growth: Revenue growth scored 0/100.
  • High — Sustainability: Operating margin scored 10/100.
  • High — Growth: Asset growth scored 0/100.
  • Review — Sustainability: Officer compensation ratio scored 56/100.