Civic Intelligence

Vermont Rural Water Association

990 • Fiscal year 2017 • EIN 03-0282848

Jan 01, 2017 to Dec 31, 2017 • Filed on Apr 15, 2018

20 Susie Wilson Road Room BEssex Junction, VT 05452-2827

(802) 660-4988

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

67th percentile

0.14x

Higher debt load relative to assets than 67% of similar nonprofits.

2017 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2017

Liabilities / Revenue

64th percentile

0.09x

Higher debt load relative to revenue than 64% of similar nonprofits.

2017 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2017

Net Margin

48th percentile

2.7%

Higher net margin than 48% of similar nonprofits.

2017 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2017

Top Officer Pay

84th percentile

$87,453

Higher top officer pay than 84% of similar nonprofits.

Top officer pay equals 10.2% of source-year revenue.

2017 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2017

Asset Growth

56th percentile

5.7%

Faster asset growth than 56% of similar nonprofits.

2017 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2016 to 2017

Revenue Growth

43rd percentile

1.6%

Faster revenue growth than 43% of similar nonprofits.

2017 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2016 to 2017

Assets

Up

$575,129

Up $31,122 (+5.7%) from 2016

Net Assets

Up

$494,592

Up $23,123 (+4.9%) from 2016

Liabilities

Up

$80,537

Up $7,999 (+11%) from 2016

Revenue

Up

$857,276

Up $13,875 (+1.6%) from 2016

Expenses

Up

$834,153

Up $833 (+0.1%) from 2016

Net Income

Up

$23,123

Up $13,042 (+129%) from 2016

Historical Trend

Balance Sheet Trend

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$1.5M$1.0M$500K$0Assets 2011: $534,415Liabilities 2011: $67,907Net Assets 2011: $466,5082011Assets 2012: $476,293Liabilities 2012: $50,368Net Assets 2012: $425,9252012Assets 2013: $485,834Liabilities 2013: $51,880Net Assets 2013: $433,9542013Assets 2014: $490,799Liabilities 2014: $62,432Net Assets 2014: $428,3672014Assets 2015: $527,516Liabilities 2015: $66,128Net Assets 2015: $461,3882015Assets 2016: $544,007Liabilities 2016: $72,538Net Assets 2016: $471,4692016Assets 2017: $575,129Liabilities 2017: $80,537Net Assets 2017: $494,5922017Assets 2018: $587,561Liabilities 2018: $89,539Net Assets 2018: $498,0222018Assets 2019: $617,184Liabilities 2019: $85,847Net Assets 2019: $531,3372019Assets 2020: $633,076Liabilities 2020: $77,387Net Assets 2020: $555,6892020Assets 2021: $644,276Liabilities 2021: $59,813Net Assets 2021: $584,4632021Assets 2022: $888,243Liabilities 2022: $231,819Net Assets 2022: $656,4242022Assets 2023: $941,203Liabilities 2023: $210,721Net Assets 2023: $730,4822023Assets 2024: $1,028,338Liabilities 2024: $195,416Net Assets 2024: $832,9222024

Highlighted filing

2017

Assets$575,129
Liabilities$80,537
Net Assets$494,592

Operations Trend

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$2.0M$1.5M$1.0M$500K$0-$500KExpenses 2011: $876,7702011Expenses 2012: $666,6642012Revenue 2013: $727,633Expenses 2013: $719,604Net Income 2013: $8,0292013Revenue 2014: $771,803Expenses 2014: $777,390Net Income 2014: -$5,5872014Revenue 2015: $870,639Expenses 2015: $837,618Net Income 2015: $33,0212015Revenue 2016: $843,401Expenses 2016: $833,320Net Income 2016: $10,0812016Revenue 2017: $857,276Expenses 2017: $834,153Net Income 2017: $23,1232017Revenue 2018: $945,032Expenses 2018: $941,602Net Income 2018: $3,4302018Revenue 2019: $925,548Expenses 2019: $892,233Net Income 2019: $33,3152019Revenue 2020: $1,022,370Expenses 2020: $998,018Net Income 2020: $24,3522020Revenue 2021: $1,194,241Expenses 2021: $1,165,467Net Income 2021: $28,7742021Revenue 2022: $1,233,045Expenses 2022: $1,161,084Net Income 2022: $71,9612022Revenue 2023: $1,409,501Expenses 2023: $1,335,443Net Income 2023: $74,0582023Revenue 2024: $1,542,638Expenses 2024: $1,440,198Net Income 2024: $102,4402024

Highlighted filing

2017

Revenue$857,276
Expenses$834,153
Net Income$23,123
Jump To
Filing Snapshot
Filing Period
Jan 1, 2017 to Dec 31, 2017
Signed
Apr 15, 2018
Return Version
2017v2.3
Gross Receipts
$857,276
Mission and Program Overview

Mission

To promote public health and a clean environment by providing support to public water and wastewater systems.

The Organization assists nearly 300 public water and wastewater system operators in Vermont in protecting public health and the environment, and in complying with applicable federal laws and regulations

Balance Sheet Detail
LineBeginningEndChange
Assets
Savings and Temporary Cash Investments$351,594$382,569▲ $30,975
Pledges and Grants Receivable$98,973$120,214▲ $21,241
Cash and Non-Interest-Bearing Accounts$79,089$57,608▼ $21,481
Prepaid Expenses and Deferred Charges$14,351$14,738▲ $387
Total Assets$544,007$575,129▲ $31,122
Liabilities
Other Liabilities$55,882$63,513▲ $7,631
Deferred Revenue$7,934$9,730▲ $1,796
Accounts Payable and Accrued Expenses$8,722$7,294▼ $1,428
Total Liabilities$72,538$80,537▲ $7,999
Net Assets / Fund Balance
Unrestricted Net Assets$471,469$490,692▲ $19,223
Temporarily Rstr Net Assets-$3,900-
Total Net Assets Fund Balance$471,469$494,592▲ $23,123
Total Liabilities and Net Assets / Fund Balance$544,007$575,129▲ $31,122

Asset Categories

AssetBook ValueDepreciationBasis
Equipment-$159,426$159,426
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Shaun FielderExecutive DirectorFT$80,671$6,782$87,453

Board Members and Trustees

NameTitle
Ed SavagePresident
Rod LamotheVice President
Harry HinrichsenDirector
Margaret DwyerDirector
Richard DesautelsSec.-Treasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$788,350
Program Service Revenue
$30,105
Investment Income
$1,976
Other Revenue
$36,845
All Other Contributions
$5,125
Change in Net Assets
$23,123

Audited Revenue Reconciliation

Revenue per Audited Statements
$857,276
Revenue Not Reported on Form 990
$12,977
Total Revenue per Audited Statements
$870,253
Total Revenue per Form 990
$857,276
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$638,451
Other Expenses$195,702
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$378,254$114,326-$492,580
Other Employee Benefits$83,006$25,409-$108,415
Travel$78,391$5,923-$84,314
Payroll Taxes$28,763$8,693-$37,456
Occupancy$1,040$22,568-$23,608
All Other Expenses$13,397$4,427-$17,824
Conferences and Meetings$16,327$815-$17,142
Fees for Services Other$3,094$3,956-$7,050
Fees for Services Accounting-$6,500-$6,500
Insurance-$6,073-$6,073
Information Technology$2,728$1,790-$4,518
Office Expenses$2,303$261-$2,564
Advertising$1,120$332-$1,452
Fees for Services Lobbying$785--$785
Other Expenses$204,667$-204,667-$0
Total Functional Expenses$834,153$0$0$834,153

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$847,130
Expenses per Audited Statements$834,153
Total Expenses per Form 990$834,153
Expenses Not Reported on Form 990$12,977
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Federal income taxes$63,513
Accrued expenses-
Deferred revenue-
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Backup withholding compliance
Yes
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
Yes
Other officer compensation reviewed
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section B, Line 11B

The Form 990 is provided in draft format to the organizationfor review and reconciliation to the audited financial statements before filing

Form 990, Part VI, Section B, Line 12C

An annual review is completed

Form 990, Part VI, Section B, Line 15A

It is part of the budget process and is then presented to the board for approval

Form 990, Part VI, Section C, Line 19

Available upon request

Filing and Contact Details

Filer

Filer Name
Vermont Rural Water Association
EIN
03-0282848
Phone
8026604988
Address
20 Susie Wilson Road Room B, Essex Junction, VT 05452-2827

Signing Officer

Name
Shaun Fielder
Title
Executive Director
Signed
2018-04-15
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Shaun Fielder
Formed
1982
Legal Domicile
Vt
Voting Board Members
5
Independent Board Members
5
Employees
11
Volunteers
8

Preparer

Firm
Wisehart Wimette Associates PLC
Address
159 River Road, Essex Junction, VT 05452
Preparer
Kirk Wisehart
Phone
8028791055
Supplemental Narrative

Financial Statement Notes

X 2

The Association is no longer subject to U.S. federal income tax examination by tax authorities for the years prior to 2014. In the normal course of business, the Association is subject to examination by various taxing authorities. Although the outcome of tax audits is always uncertain, the Association believes it has taken no uncertain tax positions that could have an effect on its financial statements at December 31, 2017 and 2016.

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This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

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IRS990/ReportOtherLiabilitiesInd0true
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RevenueAmt060469
IRS990/RoyaltiesGrp/TotalAmt00
IRS990/SavingsAndTempCashInvstGrp/BOYAmt0351594
IRS990/SavingsAndTempCashInvstGrp/EOYAmt0382569
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt0788350
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt0783102
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt0786865
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt0691231
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt0653281
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt03702829
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt01976
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt01785
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt01710
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt01517
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus4YearsAmt0302
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt07290
IRS990ScheduleA/GrossReceiptsRltdActivitiesAmt0331144
IRS990ScheduleA/InvestmentIncomeCYPct00.00000
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearAmt060469
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus1YearAmt053457
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus2YearsAmt074907
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus3YearsAmt072899
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus4YearsAmt069412
IRS990ScheduleA/OtherIncome170Grp/TotalAmt0331144
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.91170
IRS990ScheduleA/PublicSupportCY509Pct00.00000
IRS990ScheduleA/PublicSupportPY170Pct00.90050
IRS990ScheduleA/PublicSupportTotal170Amt03702829
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt0788350
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt0783102
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt0786865
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt0691231
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt0653281
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt03702829
IRS990ScheduleA/TotalSupportAmt04061459
IRS990ScheduleA/UnrelatedBusinessNetIncm170Grp/CurrentTaxYearAmt05408
IRS990ScheduleA/UnrelatedBusinessNetIncm170Grp/CurrentTaxYearMinus1YearAmt03614
IRS990ScheduleA/UnrelatedBusinessNetIncm170Grp/CurrentTaxYearMinus2YearsAmt04509
IRS990ScheduleA/UnrelatedBusinessNetIncm170Grp/CurrentTaxYearMinus3YearsAmt03740
IRS990ScheduleA/UnrelatedBusinessNetIncm170Grp/CurrentTaxYearMinus4YearsAmt02925
IRS990ScheduleA/UnrelatedBusinessNetIncm170Grp/TotalAmt020196
IRS990/ScheduleBRequiredInd0true
IRS990ScheduleD/DonatedServicesAndUseFcltsAmt012977
IRS990ScheduleD/DonatedServicesUseFcltsAmt012977
IRS990ScheduleD/EquipmentGrp/DepreciationAmt0159426
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt0159426
IRS990ScheduleD/ExpensesNotReportedAmt012977
IRS990ScheduleD/ExpensesSubtotalAmt0834153
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/InclEscrowCustodialAcctLiabInd0false
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt063513
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0Federal income taxes
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc1Accrued expenses
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc2Deferred revenue
IRS990ScheduleD/OtherSecuritiesGrp/Desc0Financial derivatives and other financial products
IRS990ScheduleD/OtherSecuritiesGrp/Desc1Closely-held equity interests
IRS990ScheduleD/RevenueNotReportedAmt012977
IRS990ScheduleD/RevenueSubtotalAmt0857276
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0The Association is no longer subject to U.S. federal income tax examination by tax authorities for the years prior to 2014. In the normal course of business, the Association is subject to examination by various taxing authorities. Although the outcome of tax audits is always uncertain, the Association believes it has taken no uncertain tax positions that could have an effect on its financial statements at December 31, 2017 and 2016.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0X 2
IRS990ScheduleD/TotalExpensesPerForm990Amt0834153
IRS990ScheduleD/TotalLiabilityAmt063513
IRS990ScheduleD/TotalRevenuePerForm990Amt0857276
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt0870253
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt0847130
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0The Form 990 is provided in draft format to the organizationfor review and reconciliation to the audited financial statements before filing
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1An annual review is completed
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2It is part of the budget process and is then presented to the board for approval
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3Available upon request
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990, Part VI, Section B, Line 11b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990, Part VI, Section b, Line 12c
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Form 990, Part VI, Section B, Line 15A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Form 990, Part VI, Section C, Line 19
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/SubjectToProxyTaxInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TemporarilyRstrNetAssetsGrp/EOYAmt03900
IRS990/TempOrPermanentEndowmentsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt0544007
IRS990/TotalAssetsEOYAmt0575129
IRS990/TotalAssetsGrp/BOYAmt0544007
IRS990/TotalAssetsGrp/EOYAmt0575129
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalContributionsAmt0788350
IRS990/TotalEmployeeCnt011
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt00
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0834153
IRS990/TotalFunctionalExpensesGrp/TotalAmt0834153
IRS990/TotalGrossUBIAmt06481
IRS990/TotalLiabilitiesBOYAmt072538
IRS990/TotalLiabilitiesEOYAmt080537
IRS990/TotalLiabilitiesGrp/BOYAmt072538
IRS990/TotalLiabilitiesGrp/EOYAmt080537
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0471469
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0494592
IRS990/TotalOtherCompensationAmt06782
IRS990/TotalProgramServiceExpensesAmt0834153
IRS990/TotalProgramServiceRevenueAmt030105
IRS990/TotalReportableCompFromOrgAmt080671
IRS990/TotalRevenueGrp/ExclusionAmt01976
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt060469
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0857276
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt06481
IRS990/TotalVolunteersCnt08
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt0544007
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt0575129
IRS990/TransactionWithControlEntInd0false
IRS990/TravelGrp/ManagementAndGeneralAmt05923
IRS990/TravelGrp/ProgramServicesAmt078391
IRS990/TravelGrp/TotalAmt084314
IRS990/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0true
IRS990/UnrestrictedNetAssetsGrp/BOYAmt0471469
IRS990/UnrestrictedNetAssetsGrp/EOYAmt0490692
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt020 Susie Wilson Road Suite B
IRS990/USAddress/CityNm0Essex Junction
IRS990/USAddress/StateAbbreviationCd0VT

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$1.03$0.20$0.83$1.54$1.44$0.10
2023Detailed filing. Detailed filing data is available for this year.$0.94$0.21$0.73$1.41$1.34$0.07
2022XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.89$0.23$0.66$1.23$1.16$0.07
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.64$0.06$0.58$1.19$1.17$0.03
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.63$0.08$0.56$1.02$1.00$0.02
2019Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.62$0.09$0.53$0.93$0.89$0.03
2018Detailed filing. Detailed filing data is available for this year.$0.59$0.09$0.50$0.95$0.94$0.00
2017Detailed filing. Detailed filing data is available for this year.$0.58$0.08$0.49$0.86$0.83$0.02
2016XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.54$0.07$0.47$0.84$0.83$0.01
2015XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.53$0.07$0.46$0.87$0.84$0.03
2014Detailed filing. Detailed filing data is available for this year.$0.49$0.06$0.43$0.77$0.78$0.01
2013Detailed filing. Detailed filing data is available for this year.$0.49$0.05$0.43$0.73$0.72$0.01
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.48$0.05$0.43$0.67
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.53$0.07$0.47$0.88