Westgate Homeowners Association Inc
Katy, Texas
BHealth Score
60B
Financial Health Score
8-metric score across financial health, operational efficiency, and resilience. Based on IRS Form 990 filing data.
Above Average
💰
$1.0M
Total Revenue
📊
$996K
Total Expenses
🏦
$1.3M
Net Assets
📋
$314K
Total Liabilities
Financial Trends
5-Year Trend Analysis
Financial Health Indicators
Revenue Growth
+1.9%
Year-over-year change (2022 → 2023)
Net Margin
+4.8%
Revenue minus expenses as % of revenue
Working Capital Ratio
1.30
Net assets divided by total expenses
Liabilities-to-Assets
19.5%
Total liabilities as % of total assets
Filing History
9 filings on record| Year | Revenue | Expenses | Assets | |
|---|---|---|---|---|
| 2023 | $1,045,743↑2% | $995,553↑16% | $1,609,632↑2% | |
| 2022 | $1,025,893 | $854,989↑3% | $1,584,155↑13% | — |
| 2021 | $1,025,164↑5% | $826,082↓3% | $1,406,535↑18% | — |
| 2020 | $980,796↓3% | $851,246↓13% | $1,192,382↑13% | — |
| 2019 | $1,008,042↑1% | $974,685↓13% | $1,054,909↓8% | — |
| 2018 | $999,930↑5% | $1,115,558↑33% | $1,151,673↓8% | — |
| 2017 | $955,119↓5% | $835,712↓18% | $1,253,580↑13% | — |
| 2016 | $1,000,315↑9% | $1,017,780↑11% | $1,112,631↓2% | — |
| 2015 | $916,993 | $916,769 | $1,130,325 | — |
Frequently Asked Questions
What does Westgate Homeowners Association Inc do?▼
Westgate Homeowners Association Inc is a community improvement & capacity building nonprofit organization based in Texas. It is classified under NTEE code S22 and is registered as a 501(c) tax-exempt organization with the IRS.
Is Westgate Homeowners Association Inc financially healthy?▼
Financial health scoring requires Form 990 filing data. Check back as we process more filings for Westgate Homeowners Association Inc.
How much revenue does Westgate Homeowners Association Inc generate?▼
Westgate Homeowners Association Inc reports $1.2M in annual revenue and holds $1.5M in total assets, based on IRS filings.
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