Prestonwood 1-a Home Owners Association
501(c)(7)
Only null% goes to programs Strong reserves Growing revenue
Prestonwood 1-a Home Owners Association is a 501(c)(7) organization based in Richardson, Texas, registered in 1969, with $108,255 in FY2024 revenue. CharityIndex grades it C+.
Po Box 835356, Richardson, TX, 75083 EIN 75-1281004 Since 1969
Revenue (FY2024)
$108K
▼ 9.6% vs prior year
Expenses (FY2024)
$100K
Net assets
$69K
Employees
—
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
C+
★★★★
Rated on 2 of 4 criteria — the rest aren't reported in this filing type.
Held down by its weakest criterion — a strong score on one criterion can't hide a weak one.
How the rating works →—Program efficiency40% of the ratingNo expense breakdown in filings
Measures how much of every dollar spent actually reaches programs, plus what it costs to raise $100 of donations. The worse of the two measures sets the letter (85%+ to programs is an A; under $15 to raise $100 is an A), averaged over the three most recent filings. Not scored for Prestonwood 1-a Home Owners Association— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
AFinancial health25% of the rating8 mo reserves · +8% margin
Measures whether the organization is built to last: how many months its reserves would cover expenses (3+ months earns an A-range score, but hoarding 5+ years of budget is capped) and whether it runs a surplus or a deficit. For Prestonwood 1-a Home Owners Association: 8 mo reserves · +8% margin earns a A on this criterion. See the exact thresholds →
—Governance25% of the ratingNot reported in this filing type
Checks how the organization is run, from its own Form 990: an independent board majority, a board of five or more, conflict-of-interest, whistleblower and document-retention policies, and independently audited financials. The share of disclosed checks that pass sets the letter. Not scored for Prestonwood 1-a Home Owners Association— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
DTransparency10% of the rating1 of 5 disclosure signals
Counts five disclosure signals: a recent filing, a mission statement, program descriptions, a listed website, and the full expense breakdown. More disclosure, better letter. For Prestonwood 1-a Home Owners Association: 1 of 5 disclosure signals earns a D on this criterion. See the exact thresholds →
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Contact & location
- Address
- Po Box 835356, Richardson, TX, 75083
- City
- Richardson
- State
- Texas
- Category
- —
- Subcategory
- —
Financial trends
Revenue grew from $93K (FY2015) to $108K (FY2024) across 7 reported years.
Financial snapshot
Financial health & position (FY2024)
Operating margin
7.9%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$69K
Net assets
$69K
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $108,255▼9.6% | $99,726▼3.3% | $68,547▲14.2% | $68,547▲14.2% | 990EZ |
| 2023 | $119,802▲29.0% | $103,084▲13.8% | $60,018▲38.6% | $60,018▲38.6% | 990EZ |
| 2022 | $92,859▲0.3% | $90,584▼6.1% | $43,300▲5.5% | $43,300▲5.5% | 990EZ |
| 2021 | $92,625▼45.3% | $96,468▼44.6% | $41,025▼8.6% | $41,025▼8.6% | 990EZ |
| 2020 | $169,288▲80.5% | $174,286▲91.2% | $44,868▼10.0% | $44,868▼10.0% | 990EZ |
| 2019 | $93,796▲0.9% | $91,163▲5.6% | $49,866▲424% | $49,866▲258% | 990EZ |
| 2015 | $92,988 | $86,355 | $9,508 | $13,930 | 990EZ |
Original Form 990 PDFs (the Form column) are served by ProPublica Nonprofit Explorer, as filed with the IRS. Create a free account to download the CSV report.
Frequently asked questions
- Is Prestonwood 1-a Home Owners Association a legitimate nonprofit?
- Yes. Prestonwood 1-a Home Owners Association is a 501(c)(7) organization registered with the U.S. Internal Revenue Service under EIN 75-1281004, based in Richardson, Texas.
- What is Prestonwood 1-a Home Owners Association's EIN?
- Prestonwood 1-a Home Owners Association's Employer Identification Number (EIN) is 75-1281004.
- How much revenue does Prestonwood 1-a Home Owners Association report?
- Prestonwood 1-a Home Owners Association reported $108,255 in total revenue on its fiscal year 2024 IRS Form 990 filing.
- What financial grade does Prestonwood 1-a Home Owners Association have?
- CharityIndex grades Prestonwood 1-a Home Owners Association C+, based on financial health (reserves and operating margin).
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Data for Prestonwood 1-a Home Owners Association (EIN 75-1281004) comes from the IRS Business Master File and e-filed Form 990 returns, via CharityIndex. Figures reflect what the organization reported to the IRS for each fiscal year.