Winghaven Master Association EIN 43-1825587 Form 990 (PDF) Claim this org

Winghaven Master Association FY2020 filing

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Maintains community green spaces, playgrounds, town center, and trails for residents. For fiscal year 2020 it reported $476K in revenue, $568K in expenses, and $462K in net assets.Pt I

Type
Membership association · Housing
Location
Ofallon, MO
Website
www.wroa.info
Filings
3 on file (2020–2020)
Revenue
$476KFY2020
Expenses
$568K
Net assets
$462K
People
4
Filings
3
Updates
0
More identity details & actions ⌄
EIN  43-1825587 Membership association Ofallon, MO
Form 990 (PDF)
You’re viewing the FY2020 filing — not the latest on file. See the latest (FY2022) →
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Size
$100K–1M
What they do
Maintains community green spaces, playgrounds, town center, and trails for residents.
Leadership
Paul J McKee JR · President
Money in and out
$476K revenue, $568K expenses
Bottom line
-19% operating surplus
Membership & operating revenue · FY2020
Total revenue
$476K
Pt VIII · Ln 12
Total expenses
$568K
Pt IX · Ln 25
Net assets
$462K
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): −$92K
Where spending went · Part IX cols B–D
Program services $0.96 Management & general $0.04
Operating surplus
-19%
revenue over expenses
Earned revenue
100%
of revenue from program services & dues
Program spending
96%
of expenses reach member services

Summary of the Filing

Part I · fiscal year 2020 · Form 990
Revenue
$476K
FY2020
Expenses
$568K
FY2020
Total assets
$529K
FY2020
Total liabilities
$67K
FY2020
Total revenue
$476K
Pt VIII · Ln 12
Total expenses
$568K
Pt IX · Ln 25
Net assets
$462K
Pt X · Ln 32
Revenue less expensesPt I · Ln 19−$92K
Total assetsPt X · Ln 16$529K
Program-expense ratioPt IX · col B96%
Voting members of governing bodyPt I · Ln 33
Independent voting membersPt I · Ln 43
Mission & Programs · Part III

Where the work happens

1 program service account for $548K of program spending, described in the organization's own filed words · FY2020.
01

Winghaven is a crossroads of engagement driven by mceagle's lifeworks concept - the integration of living, learning, working and playing. Lifeworks serves as a powerful counterweight to lives that are often multi-tasked into isolation.

$548Kprogram expense

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Identity & Classification

Form 990 Header · IRS Business Master File
Legal nameHdr · item CWinghaven Master Association
EINHdr · item D43-1825587
Principal addressHdr · item COfallon, MO
WebsiteHdr · item Jwww.wroa.info
Year of formationHdr · item Lpending
State of legal domicileHdr · item MMO
Exempt statusHdr · item I501(c)(4) · active
NTEE classificationIRS BMFHousing (L50)
Ruling yearIRS BMFMay 2017

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1a3
Independent voting membersPt VI · Ln 1b3
Conflict-of-interest policyPt VI · Ln 12aNo
Whistleblower policyPt VI · Ln 13No
Document retention policyPt VI · Ln 14No
CEO/top-official compensation independently reviewedPt VI · Ln 15aNo
Family or business relationships among officers/directorsPt VI · Ln 2Yes

Officers, Directors & Key Employees

Part VII, Section A · reportable compensation
$0Pt VII · Sec A
Vice President
$0Pt VII · Sec A
Secretary
$0Pt VII · Sec A
Former Secretary
$0Pt VII · Sec A
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Statement of Revenue

Part VIII
Program service revenue100%$476K
Investment income$1
Total revenueLn 12$476K

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.96 Management & general $0.04
Program services96%$548K
Management & general4%$20K
Total functional expensesLn 25$568K

Balance Sheet

Part X · end of year
CashLn 1$-17K
Total assetsLn 16$529K
Total liabilitiesLn 26$67K
Total net assetsLn 32$462K
Months of cash on handcomputed-0.4

Financial Metrics

Form 990 · FY2020 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $-17K · Operating expenses/yr $568K
-0.4 months
Where the money goes
Program services
Program services $548K · Total expenses $568K
96%
Management & General
Management & general $20K · Total expenses $568K
4%
Fundraising
Fundraising $0 · Total expenses $568K
0%
Cost to raise $1
Fundraising expense $0 · Solicited contributions $0
Solicited contributions below reporting floor
Where the money comes from
Contribution dependence
Contributions & grants $0 · Total revenue $476K
0%
Government reliance
Government grants — · Total revenue $476K
Earned-income share
Program service revenue $476K · Total revenue $476K
100%
Investment reliance
Investment income $1 · Total revenue $476K
<0.01%
Program self-sufficiency
Program service revenue $476K · Total expenses $568K
84%
Growth & trend
Revenue growth (YoY)
This year $476K · Prior year —
No prior year on file
Net-asset trend (YoY)
End of year $462K · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $476K · Expenses $568K
-19%
Liabilities-to-Assets
Total liabilities — · Total assets $529K
Net-asset ratio
Net assets $462K · Total assets $529K
87%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) — · Other securities (Pt X, ln 12) — · Total assets (Pt X, ln 16) $529K
Excludes program-related investments (Pt X, ln 13)
People & payroll
Highest Reported Total Compensation
Individual Paul J McKee JR · Reported title PRESIDENT · Highest reported compensation $0 · Total expenses $568K
0%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) — · Total expenses $568K
Peer comparison

Same NTEE category, revenue band, and state where available. Descriptive — not a grade.

MetricThis orgPeer medianPercentile
Program ratio 96%
Overhead ratio 4%
Legal fee ratio 0.3%
Accounting fee ratio 4%

Straight from the Form 990 — descriptive, not an evaluation. A ratio is hidden when its base is zero or too small to be meaningful; the dollars are always shown.

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Filings & Schedule Manifest

Part IV
III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
FY2022 (Latest)$519K revenue · ⤓ 990 PDF
FY2021$447K revenue · ⤓ 990 PDF
FY2020$476K revenue · viewing · ⤓ 990 PDF

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Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2020IRS
Classification, formation year, addressIRS Business Master File
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