Westbank Homeowners Association Inc
Spring, Texas
B+Health Score
65B+
Financial Health Score
8-metric score across financial health, operational efficiency, and resilience. Based on IRS Form 990 filing data.
Good
💰
$487K
Total Revenue
📊
$467K
Total Expenses
🏦
$850K
Net Assets
📋
$119K
Total Liabilities
Financial Trends
5-Year Trend Analysis
Financial Health Indicators
Revenue Growth
+3.3%
Year-over-year change (2022 → 2023)
Net Margin
+4.1%
Revenue minus expenses as % of revenue
Working Capital Ratio
1.82
Net assets divided by total expenses
Liabilities-to-Assets
12.3%
Total liabilities as % of total assets
Filing History
12 filings on record| Year | Revenue | Expenses | Assets | |
|---|---|---|---|---|
| 2023 | $486,759↑3% | $466,738↑17% | $968,885 | — |
| 2022 | $471,431↑4% | $399,045↓1% | $972,324↑4% | — |
| 2021 | $454,461↓1% | $402,315↓11% | $934,575↑11% | — |
| 2019 | $460,530 | $450,621↑3% | $841,670↑2% | — |
| 2018 | $460,373↑1% | $437,036↓3% | $826,943↑1% | — |
| 2017 | $457,194↓5% | $449,324↓5% | $818,748↑1% | — |
| 2016 | $482,668 | $470,609↑9% | $811,856↑3% | — |
| 2015 | $483,081↑2% | $430,727↓3% | $790,229↓3% | — |
| 2014 | $474,901 | $442,909↑7% | $818,530↓3% | — |
| 2013 | $474,707↑3% | $413,988↓12% | $847,421↑19% | — |
| 2012 | $463,065↓5% | $468,140↓3% | $711,325↓4% | — |
| 2011 | $486,137 | $481,373 | $742,500 | — |
Frequently Asked Questions
What does Westbank Homeowners Association Inc do?▼
Westbank Homeowners Association Inc is a unclassified nonprofit organization based in Texas. It is classified under NTEE code Z and is registered as a 501(c) tax-exempt organization with the IRS.
Is Westbank Homeowners Association Inc financially healthy?▼
Financial health scoring requires Form 990 filing data. Check back as we process more filings for Westbank Homeowners Association Inc.
How much revenue does Westbank Homeowners Association Inc generate?▼
Westbank Homeowners Association Inc reports $664K in annual revenue and holds $572K in total assets, based on IRS filings.
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