Property Owners Association Of Vintage Oaks Inc

Property Owners Association Of Vintage Oaks Inc reports a $566,084 surplus and zero officer compensation in its latest filing.

EIN: 20792828 · New Braunfels, TX · NTEE: L50 · Updated: 2026-03-28

$3.0MRevenue

$8.6MAssets

90/100Mission Score (Excellent)

L50

About Property Owners Association Of Vintage Oaks Inc

Property Owners Association Of Vintage Oaks Inc (EIN: 20792828) is a nonprofit organization based in New Braunfels, TX, classified under NTEE code L50. The organization reported total revenue of $3.0M and total assets of $8.6M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Property Owners Association Of Vintage Oaks Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.

AI Transparency Report

The Property Owners Association Of Vintage Oaks Inc appears to be in a stable financial position, reporting $3,006,490 in revenue against $2,440,406 in expenses for the 2023 fiscal period, resulting in a surplus. The organization holds substantial assets of $7,804,591, indicating a healthy balance sheet. With no reported officer compensation, the organization demonstrates a commitment to minimizing administrative overhead in that specific area.

The NTEE code L50 suggests this is a homeowners' or tenants' association, and the financial data aligns with an organization managing community resources. The significant asset base likely reflects common property or reserve funds for future maintenance and improvements within the Vintage Oaks community. The lack of officer compensation is a positive indicator of volunteer leadership or a structure where executive roles are not salaried, contributing to spending efficiency.

Overall, the organization exhibits sound financial management with a positive net income and robust assets. The absence of officer compensation suggests a lean operational structure in terms of executive pay, which is a strong point for efficiency. Transparency is generally good with the public availability of the 990 filing.

Mission Effectiveness Score

NonprofitSpending's AI analysis rates Property Owners Association Of Vintage Oaks Inc with a Mission Score of 90 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: 90%
fundraising: 0%

According to IRS 990 filings, Property Owners Association Of Vintage Oaks Inc allocates its expenses as follows: admin: 10%, programs: 90%, fundraising: 0%. With 90% directed toward programs, this reflects a strong commitment to its charitable mission.

Executive Compensation Analysis

The organization reported 0% officer compensation, indicating that its leadership either serves on a volunteer basis or is compensated through other means not classified as officer compensation on the 990, which is highly efficient for a nonprofit of its size.

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.

Strengths

The following positive indicators were identified for Property Owners Association Of Vintage Oaks Inc:

Significant financial surplus ($566,084) in the latest filing.
Zero reported officer compensation, indicating efficient use of funds for leadership.
Strong asset base ($7,804,591) relative to annual expenses, suggesting financial stability.
Positive net income, demonstrating sound financial management.

Frequently Asked Questions about Property Owners Association Of Vintage Oaks Inc

Is Property Owners Association Of Vintage Oaks Inc a good charity?

Based on the available IRS 990 data, the organization appears to be well-managed financially, with a significant surplus ($566,084) and no reported officer compensation. Its NTEE code suggests it serves a specific community (homeowners' association), and its financial health indicates it is effectively managing its resources for its stated purpose.

How does the organization's revenue compare to its expenses?

For the 2023 fiscal period, the organization's revenue was $3,006,490, while its expenses were $2,440,406, resulting in a positive net income of $566,084.

What is the organization's asset base?

As of the 2023 fiscal period, the organization reported total assets of $7,804,591.

Filing History

IRS 990 filing history for Property Owners Association Of Vintage Oaks Inc showing financial trends over 1 year of public records:

In its most recent filing year (2023), Property Owners Association Of Vintage Oaks Inc reported a surplus of $566K, with revenue exceeding expenses. The organization holds $2.2M in liabilities against $7.8M in assets (debt-to-asset ratio: 27.9%), resulting in net assets of $5.6M.

Year	Revenue	Expenses	Assets	Liabilities	Officer Comp.	PDF
2023	$3.0M	$2.4M	$7.8M	$2.2M	—	—

Data Sources and Methodology

This transparency report for Property Owners Association Of Vintage Oaks Inc 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.