Wildwood At Northpointe Community Association Inc
Wildwood At Northpointe Community Association Inc reports significant net loss and increased liabilities in latest fiscal year.
EIN: 204662474 · Houston, TX · NTEE: S22 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $1.7M |
| Total Expenses | $2.6M |
| Program Spending | 90% |
| Net Assets | $1.9M |
| Transparency Score | 70/100 |
Is Wildwood At Northpointe Community Association Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Wildwood At Northpointe Community Association Inc directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Wildwood At Northpointe Community Association Inc
Wildwood At Northpointe Community Association Inc (EIN: 204662474) is a nonprofit organization based in Houston, TX, classified under NTEE code S22. The organization reported total revenue of $1.7M and total assets of $2.9M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Wildwood At Northpointe Community Association Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Wildwood At Northpointe Community Association Inc is a mid-size nonprofit that has been operating for 15 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 18.2%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $1.7M |
| Total Expenses | $2.6M |
| Surplus / Deficit | $-880,465 |
| Total Assets | $3.3M |
| Total Liabilities | $1.5M |
| Net Assets | $1.9M |
| Operating Margin | -51.8% |
| Debt-to-Asset Ratio | 44.3% |
| Months of Reserves | 15.4 months |
Financial Health Grade: B
In 2023, Wildwood At Northpointe Community Association Inc reported a deficit of $880K with expenses exceeding revenue, holds 15.4 months of operating reserves (strong position), has a debt-to-asset ratio of 44.3% (moderate leverage).
Financial Trends
Over 13 years of filings (2011–2023), Wildwood At Northpointe Community Association Inc's revenue has grown at a compound annual growth rate (CAGR) of 18.2%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -1.3% | +69.5% | +2.7% |
| 2022 | +10.1% | +7.2% | +6.0% |
| 2021 | -10.9% | +4.7% | +8.9% |
| 2020 | +0.3% | +5.9% | +16.4% |
| 2019 | +3.5% | -4.0% | +29.5% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2011 |
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 Wildwood At Northpointe Community Association Inc with a Mission Score of 70 out of 100 (Good). 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, Wildwood At Northpointe Community Association 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.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $880K, with expenses exceeding revenue.
- Debt-to-asset ratio: 44.3%.
Executive Compensation Analysis
The organization consistently reports 0% officer compensation across all available filings, indicating that executive leadership is either volunteer-based or compensated through a management company, which is a positive for minimizing direct salary overhead.
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 Wildwood At Northpointe Community Association Inc's IRS 990 filings:
- Significant net loss in the latest fiscal year (202312), with expenses exceeding revenue by over $880,000.
- Substantial increase in liabilities from $518,318 in 2022 to $1,471,732 in 2023, indicating increased debt or deferred obligations.
Strengths
The following positive indicators were identified for Wildwood At Northpointe Community Association Inc:
- Consistent reporting of 0% officer compensation, indicating efficient use of funds by avoiding high executive salaries.
- Steady growth in assets over the past decade, from $497,626 in 2014 to $3,322,102 in 2023, suggesting good asset management or investment in community infrastructure.
- As a community association, most spending is inherently program-related, directly benefiting the community members.
Frequently Asked Questions about Wildwood At Northpointe Community Association Inc
Is Wildwood At Northpointe Community Association Inc a legitimate charity?
Wildwood At Northpointe Community Association Inc (EIN: 204662474) is a registered tax-exempt nonprofit based in Texas. Our AI analysis gives it a Mission Score of 70/100. It has 13 years of IRS 990 filings on record. Total revenue: $1.7M. 2 red flags identified. 3 strengths noted. Financial health grade: B.
How does Wildwood At Northpointe Community Association Inc spend its money?
Wildwood At Northpointe Community Association Inc directs 90% of its spending to programs and services. This exceeds the 65% industry benchmark.
Are donations to Wildwood At Northpointe Community Association Inc tax-deductible?
Wildwood At Northpointe Community Association Inc is registered as a tax-exempt nonprofit (EIN: 204662474). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How does Wildwood At Northpointe Community Association Inc compare to similar nonprofits?
With a transparency score of 70/100 (Good), Wildwood At Northpointe Community Association Inc 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 Wildwood At Northpointe Community Association Inc located?
Wildwood At Northpointe Community Association Inc is headquartered in Houston, Texas and files with the IRS under EIN 204662474. It is classified under NTEE code S22.
How many years of IRS 990 filings does Wildwood At Northpointe Community Association Inc have?
Wildwood At Northpointe Community Association Inc has 13 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 $1.7M in total revenue.
What caused the significant increase in expenses and liabilities in the 2023 fiscal year?
The 2023 filing shows expenses of $2,580,621 against revenue of $1,700,156, and liabilities jumped from $518,318 to $1,471,732. This suggests either a major capital project, significant one-time costs, or operational inefficiencies that led to a substantial deficit.
How does the organization fund its operations given the recent deficit?
With a net loss of over $880,000 in 2023, the organization likely drew from reserves, incurred debt (reflected in increased liabilities), or anticipates future revenue to cover this shortfall. Further details on funding sources and debt repayment plans would be necessary.
What is the breakdown of program expenses for a community association?
For a community association, program expenses typically include maintenance of common areas, amenities, security, utilities, and community events. Without detailed financial statements, the exact allocation within these categories is unknown.
Filing History
IRS 990 filing history for Wildwood At Northpointe Community Association Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Wildwood At Northpointe Community Association Inc's revenue has grown by 645.4%, moving from $228K to $1.7M. Total assets increased by 4241.6% over the same period, from $77K to $3.3M. Total functional expenses rose by 719.3%, from $315K to $2.6M. In its most recent filing year (2023), Wildwood At Northpointe Community Association Inc reported a deficit of $880K, with expenses exceeding revenue. The organization holds $1.5M in liabilities against $3.3M in assets (debt-to-asset ratio: 44.3%), resulting in net assets of $1.9M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $1.7M | $2.6M | $3.3M | $1.5M | — | View 990 |
| 2022 | $1.7M | $1.5M | $3.2M | $518K | — | View 990 |
| 2021 | $1.6M | $1.4M | $3.1M | $539K | — | View 990 |
| 2020 | $1.8M | $1.4M | $2.8M | $447K | — | View 990 |
| 2019 | $1.8M | $1.3M | $2.4M | $453K | — | View 990 |
| 2018 | $1.7M | $1.3M | $1.9M | $376K | — | View 990 |
| 2017 | $1.7M | $1.3M | $1.5M | $345K | — | View 990 |
| 2016 | $1.4M | $1.2M | $1.0M | $346K | — | View 990 |
| 2015 | $1.2M | $1000K | $843K | $309K | — | View 990 |
| 2014 | $854K | $635K | $498K | $179K | — | View 990 |
| 2013 | $533K | $499K | $179K | $78K | — | View 990 |
| 2012 | $323K | $274K | $69K | $2K | — | View 990 |
| 2011 | $228K | $315K | $77K | $75K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $1.7M, expenses of $2.6M, and assets of $3.3M (revenue -1.3% year-over-year).
- 2022: Revenue of $1.7M, expenses of $1.5M, and assets of $3.2M (revenue +10.1% year-over-year).
- 2021: Revenue of $1.6M, expenses of $1.4M, and assets of $3.1M (revenue -10.9% year-over-year).
- 2020: Revenue of $1.8M, expenses of $1.4M, and assets of $2.8M (revenue +0.3% year-over-year).
- 2019: Revenue of $1.8M, expenses of $1.3M, and assets of $2.4M (revenue +3.5% year-over-year).
- 2018: Revenue of $1.7M, expenses of $1.3M, and assets of $1.9M (revenue +0.1% year-over-year).
- 2017: Revenue of $1.7M, expenses of $1.3M, and assets of $1.5M (revenue +23.5% year-over-year).
- 2016: Revenue of $1.4M, expenses of $1.2M, and assets of $1.0M (revenue +12.7% year-over-year).
- 2015: Revenue of $1.2M, expenses of $1000K, and assets of $843K (revenue +42.3% year-over-year).
- 2014: Revenue of $854K, expenses of $635K, and assets of $498K (revenue +60.3% year-over-year).
- 2013: Revenue of $533K, expenses of $499K, and assets of $179K (revenue +65.0% year-over-year).
- 2012: Revenue of $323K, expenses of $274K, and assets of $69K (revenue +41.5% year-over-year).
- 2011: Revenue of $228K, expenses of $315K, and assets of $77K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Wildwood At Northpointe Community Association Inc:
Data Sources and Methodology
This transparency report for Wildwood At Northpointe Community Association 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.