Indigo Lake Estates Property Owners Association
EIN: 760461171 · Tomball, TX
Is Indigo Lake Estates Property Owners Association Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Indigo Lake Estates Property Owners Association
Indigo Lake Estates Property Owners Association (EIN: 760461171) is a nonprofit organization based in Tomball, TX. The organization reported total revenue of $0 and total assets of $0 according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Indigo Lake Estates Property Owners Association's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Indigo Lake Estates Property Owners Association is a small nonprofit, with 3 years of IRS 990 filings on record (2014–2016). Revenue has grown at a compound annual rate of 47.5%.
Key Financial Metrics (2016)
From the most recent IRS 990 filing on record:
| Total Revenue | $852K |
| Total Expenses | $909K |
| Surplus / Deficit | $-56,723 |
| Total Assets | $641K |
| Total Liabilities | $361K |
| Net Assets | $280K |
| Operating Margin | -6.7% |
| Debt-to-Asset Ratio | 56.4% |
| Months of Reserves | 8.5 months |
Financial Health Grade: C
In 2016, Indigo Lake Estates Property Owners Association reported a deficit of $57K with expenses exceeding revenue, holds 8.5 months of operating reserves (strong position), has a debt-to-asset ratio of 56.4% (high leverage).
Financial Trends
Over 3 years of filings (2014–2016), Indigo Lake Estates Property Owners Association's revenue has grown at a compound annual growth rate (CAGR) of 47.5%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2016 | +110.0% | +77.3% | +34.6% |
| 2015 | +3.6% | +29.8% | -45.0% |
AI Analysis Pending
AI enrichment for Indigo Lake Estates Property Owners Association has not yet been completed. Basic IRS 990 data is shown below. Check back later for a full transparency report including a Mission Score, spending breakdown, executive compensation analysis, and red flags assessment.
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Indigo Lake Estates Property Owners Association with a Mission Score of 0 out of 100 (Very Poor). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Key Financial Metrics (2016)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $57K, with expenses exceeding revenue.
- Debt-to-asset ratio: 56.4%.
Frequently Asked Questions about Indigo Lake Estates Property Owners Association
Is Indigo Lake Estates Property Owners Association a legitimate charity?
Based on AI analysis of IRS 990 filings, Indigo Lake Estates Property Owners Association (EIN: 760461171) insufficient data. 0 red flags identified, 0 strengths noted.
How does Indigo Lake Estates Property Owners Association spend its money?
Detailed spending breakdown data is not yet available for Indigo Lake Estates Property Owners Association. Check back for updated IRS 990 analysis.
Are donations to Indigo Lake Estates Property Owners Association tax-deductible?
Indigo Lake Estates Property Owners Association is registered as a tax-exempt nonprofit (EIN: 760461171). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Filing History
IRS 990 filing history for Indigo Lake Estates Property Owners Association showing financial trends over 3 years of public records:
Over 3 years of IRS 990 filings (2014–2016), Indigo Lake Estates Property Owners Association's revenue has grown by 117.6%, moving from $392K to $852K. Total assets decreased by 26% over the same period, from $866K to $641K. Total functional expenses rose by 130.1%, from $395K to $909K. In its most recent filing year (2016), Indigo Lake Estates Property Owners Association reported a deficit of $57K, with expenses exceeding revenue. The organization holds $361K in liabilities against $641K in assets (debt-to-asset ratio: 56.4%), resulting in net assets of $280K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2016 | $852K | $909K | $641K | $361K | — | — |
| 2015 | $406K | $512K | $476K | $140K | — | View 990 |
| 2014 | $392K | $395K | $866K | $423K | — | View 990 |
Year-by-Year Financial Summary
- 2016: Revenue of $852K, expenses of $909K, and assets of $641K (revenue +110.0% year-over-year).
- 2015: Revenue of $406K, expenses of $512K, and assets of $476K (revenue +3.6% year-over-year).
- 2014: Revenue of $392K, expenses of $395K, and assets of $866K.
Data Sources and Methodology
This transparency report for Indigo Lake Estates Property Owners Association is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.
IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.
Disclaimer
AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.