Jacobs Reserve Homeowners Association
Jacobs Reserve Homeholders Association shows consistent financial activity with growing assets and no reported officer compensation.
EIN: 10900802 · San Antonio, TX · NTEE: S22 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $1.2M |
| Total Expenses | $1.2M |
| Program Spending | 85% |
| Net Assets | $1.5M |
| Transparency Score | 85/100 |
Is Jacobs Reserve Homeowners Association Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Jacobs Reserve Homeowners Association directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Jacobs Reserve Homeowners Association
Jacobs Reserve Homeowners Association (EIN: 10900802) is a nonprofit organization based in San Antonio, TX, classified under NTEE code S22. The organization reported total revenue of $1.2M and total assets of $2.0M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Jacobs Reserve Homeowners Association's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Jacobs Reserve Homeowners Association is a mid-size nonprofit that has been operating for 8 years, with 6 years of IRS 990 filings on record (2018–2023). Revenue has grown at a compound annual rate of -3.0%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $1.1M |
| Total Expenses | $1.2M |
| Surplus / Deficit | $-56,351 |
| Total Assets | $2.0M |
| Total Liabilities | $535K |
| Net Assets | $1.5M |
| Operating Margin | -5.1% |
| Debt-to-Asset Ratio | 26.4% |
| Months of Reserves | 20.9 months |
Financial Health Grade: B
In 2023, Jacobs Reserve Homeowners Association reported a deficit of $56K with expenses exceeding revenue, holds 20.9 months of operating reserves (strong position), has a debt-to-asset ratio of 26.4% (moderate leverage).
Financial Trends
Over 6 years of filings (2018–2023), Jacobs Reserve Homeowners Association's revenue has declined at a compound annual growth rate (CAGR) of -3.0%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +4.5% | +14.7% | -3.5% |
| 2022 | -3.7% | +12.2% | +11.6% |
| 2021 | +6.0% | +0.2% | +12.6% |
| 2020 | -0.7% | -6.0% | +11.9% |
| 2019 | -19.1% | +11.9% | +11.6% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 3000 |
| IRS Ruling Date | 2018 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Jacobs Reserve Homeowners Association with a Mission Score of 85 out of 100 (Excellent). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 10%
- programs: 85%
- fundraising: 5%
According to IRS 990 filings, Jacobs Reserve Homeowners Association allocates its expenses as follows: admin: 10%, programs: 85%, fundraising: 5%. With 85% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $56K, with expenses exceeding revenue.
- Debt-to-asset ratio: 26.4%.
Executive Compensation Analysis
The organization consistently reports 0% officer compensation across all six years of filings, suggesting that executive leadership is either entirely volunteer-based or compensated through other means not categorized as officer compensation on the 990.
Executive compensation data is sourced from IRS 990 filings, which require nonprofits to disclose the compensation of officers, directors, trustees, and key employees. NonprofitSpending analyzes this data relative to the organization's total revenue and sector benchmarks to assess whether executive pay is reasonable.
Red Flags
The following concerns were identified during AI analysis of Jacobs Reserve Homeowners Association's IRS 990 filings:
- Consistent reporting of 0% officer compensation may warrant further inquiry into the full compensation structure for key personnel.
Strengths
The following positive indicators were identified for Jacobs Reserve Homeowners Association:
- Consistent asset growth from $1,341,180 in 2018 to $2,029,779 in 2023, indicating financial stability.
- Regular and transparent IRS 990 filings over six periods.
- Stable revenue generation consistently above $1 million annually.
- Low liabilities relative to assets, with liabilities at $535,354 against assets of $2,029,779 in 2023.
Frequently Asked Questions about Jacobs Reserve Homeowners Association
Is Jacobs Reserve Homeowners Association a legitimate charity?
Jacobs Reserve Homeowners Association (EIN: 10900802) is a registered tax-exempt nonprofit based in Texas. Our AI analysis gives it a Mission Score of 85/100. It has 6 years of IRS 990 filings on record. Total revenue: $1.2M. 1 red flag identified. 4 strengths noted. Financial health grade: B.
How does Jacobs Reserve Homeowners Association spend its money?
Jacobs Reserve Homeowners Association directs 85% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.
Are donations to Jacobs Reserve Homeowners Association tax-deductible?
Jacobs Reserve Homeowners Association is registered as a tax-exempt nonprofit (EIN: 10900802). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Jacobs Reserve Homeowners Association's spending goes to programs?
Jacobs Reserve Homeowners Association directs 85% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Jacobs Reserve Homeowners Association compare to similar nonprofits?
With a transparency score of 85/100 (Excellent), Jacobs Reserve Homeowners Association is above average for NTEE category S22 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Jacobs Reserve Homeowners Association located?
Jacobs Reserve Homeowners Association is headquartered in San Antonio, Texas and files with the IRS under EIN 10900802. It is classified under NTEE code S22.
How many years of IRS 990 filings does Jacobs Reserve Homeowners Association have?
Jacobs Reserve Homeowners Association has 6 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends. The most recent filing shows $1.2M in total revenue.
How does Jacobs Reserve Homeowners Association manage to operate without reporting any officer compensation?
The IRS 990 filings consistently show 0% officer compensation. This could mean the executive roles are filled by volunteers, or compensation is structured differently and not reported in this specific category on the 990.
What are the primary drivers of the organization's expenses, given its NTEE code S22?
As a Homeowners & Tenants Association (NTEE S22), primary expenses would likely include property maintenance, community services, insurance, utilities, and administrative costs associated with managing the community.
Why did expenses exceed revenue in 2023 ($1,164,262 vs $1,107,911) and 2022 ($1,015,172 vs $1,060,144)?
While expenses exceeded revenue in 2023, the organization's assets grew from $1,341,180 in 2018 to $2,029,779 in 2023, indicating that these shortfalls are likely managed through reserves or planned capital expenditures rather than indicating financial distress.
Filing History
IRS 990 filing history for Jacobs Reserve Homeowners Association showing financial trends over 6 years of public records:
Over 6 years of IRS 990 filings (2018–2023), Jacobs Reserve Homeowners Association's revenue has declined by 14.3%, moving from $1.3M to $1.1M. Total assets increased by 51.3% over the same period, from $1.3M to $2.0M. Total functional expenses rose by 35.7%, from $858K to $1.2M. In its most recent filing year (2023), Jacobs Reserve Homeowners Association reported a deficit of $56K, with expenses exceeding revenue. The organization holds $535K in liabilities against $2.0M in assets (debt-to-asset ratio: 26.4%), resulting in net assets of $1.5M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $1.1M | $1.2M | $2.0M | $535K | — | — |
| 2022 | $1.1M | $1.0M | $2.1M | $602K | — | View 990 |
| 2021 | $1.1M | $905K | $1.9M | $457K | — | View 990 |
| 2020 | $1.0M | $903K | $1.7M | $476K | — | View 990 |
| 2019 | $1.0M | $960K | $1.5M | $471K | — | View 990 |
| 2018 | $1.3M | $858K | $1.3M | $472K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $1.1M, expenses of $1.2M, and assets of $2.0M (revenue +4.5% year-over-year).
- 2022: Revenue of $1.1M, expenses of $1.0M, and assets of $2.1M (revenue -3.7% year-over-year).
- 2021: Revenue of $1.1M, expenses of $905K, and assets of $1.9M (revenue +6.0% year-over-year).
- 2020: Revenue of $1.0M, expenses of $903K, and assets of $1.7M (revenue -0.7% year-over-year).
- 2019: Revenue of $1.0M, expenses of $960K, and assets of $1.5M (revenue -19.1% year-over-year).
- 2018: Revenue of $1.3M, expenses of $858K, and assets of $1.3M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Jacobs Reserve Homeowners Association:
Data Sources and Methodology
This transparency report for Jacobs Reserve Homeowners 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.