LHousing & ShelterEIN: 473526224· Ruling Year: 2018

Cane Island Community Association

Katy, Texas

DHealth Score
33D

Financial Health Score

9-metric score across financial health, operational efficiency, and organizational resilience. Based on IRS Form 990 data.

Poor

💰
$3.3M
Total Revenue
📊
$4.0M
Total Expenses
🏦
-$8.7M
Net Assets
📋
$10.0M
Total Liabilities

Financial Trends

5-Year Trend Analysis

Financial Health Indicators

Revenue Growth
+35.2%
Year-over-year change (2021 → 2022)
Net Margin
-21.8%
Revenue minus expenses as % of revenue
Working Capital Ratio
-2.18
Net assets divided by total expenses
Liabilities-to-Assets
748.0%
Total liabilities as % of total assets

Filing History

6 filings on record
YearRevenueExpensesAssets
2022$3,266,28535%$3,979,27112%$1,340,67374%
2021$2,416,49629%$3,552,2838%$770,65622%
2020$1,873,30126%$3,274,6168%$633,06144%
2019$1,485,67719%$3,026,5629%$438,646177%
2018$1,250,22965%$2,786,03028%$158,44726%
2017$756,940$2,169,967$215,074

Frequently Asked Questions

What does Cane Island Community Association do?

Cane Island Community Association is a housing & shelter nonprofit organization based in Texas. It is classified under NTEE code L50 and is registered as a 501(c) tax-exempt organization with the IRS.

Is Cane Island Community Association financially healthy?

Based on our 9-metric Financial Health Score model, Cane Island Community Association has a score of 33/100 (Grade: D). This score evaluates working capital, surplus consistency, debt ratio, revenue trends, program spending, fundraising efficiency, executive compensation, revenue diversification, and vulnerability indicators.

How much revenue does Cane Island Community Association generate?

Cane Island Community Association reports $4.6M in annual revenue and holds $1.7M in total assets, based on IRS filings.

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