Magic Wastewater Association Inc

990EZ • Fiscal year 2011 • EIN 03-0334263

Nov 01, 2010 to Oct 31, 2011 • Filed on Mar 01, 2012

Organization Profile N/A

289 Magic Mountain Road05148

Siviq Scores

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

0.35x

Higher debt load relative to assets than 82% of similar nonprofits.

2011 filings • 501(c)12 • <$500k nonprofits • Source year 2011

1.25x

Higher debt load relative to revenue than 88% of similar nonprofits.

2011 filings • 501(c)12 • <$500k nonprofits • Source year 2011

2.7%

Higher net margin than 41% of similar nonprofits.

2011 filings • 501(c)12 • <$500k nonprofits • Source year 2011

No value available

This filing does not contain officer compensation rows.

Source year 2011

0.8%

Faster asset growth than 43% of similar nonprofits.

2011 filings • 501(c)12 • <$500k nonprofits • Annualized from 2010 to 2011

-8.3%

Faster revenue growth than 17% of similar nonprofits.

2011 filings • 501(c)12 • <$500k nonprofits • Annualized from 2010 to 2011

Balance Sheet

Liabilities / Assets82nd percentile

Assets

$127,016

Up $977 (+0.8%) from 2010

Net Assets

$82,016

Up $977 (+1.2%) from 2010

Liabilities

Flat

$45,000

Flat from 2010

Revenue And Expenses

Liabilities / Revenue88th percentile Net Margin41st percentile

Revenue

Down

$36,032

Down $3,253 (-8.3%) from 2010

Expenses

$35,055

Up $4,990 (+17%) from 2010

Net Income

Down

$977

Down $8,243 (-89%) from 2010

Historical Trend

Balance Sheet Trend

Asset Growth43rd percentile

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

Highlighted filing

2011

Assets$127,016

Liabilities$45,000

Net Assets$82,016

Open 2011 Filing

Operations Trend

Revenue Growth17th percentile

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

Highlighted filing

2011

Revenue$36,032

Expenses$35,055

Net Income$977

Open 2011 Filing

Jump To

Filing Snapshot

Filing Period: Nov 1, 2010 to Oct 31, 2011
Signed: Mar 1, 2012
Return Version: 2010v3.2

Mission and Program Overview

Mission

Magic Wastewater Association operates a waste water and sewer treatment facility. It is operated jointly by several local businesses serving thousands of tourists each year.

Filing and Contact Details

Filer

EIN: 03-0334263

Raw XML Appendix147 raw XML fields

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

Path	#	Value
IRS990EZ/ActivitiesNotPreviouslyRpt	0	false
IRS990EZ/CashSavingsAndInvestments/BOY	0	105532
IRS990EZ/CashSavingsAndInvestments/EOY	0	106295
IRS990EZ/CostOfGoodsSold	0	0
IRS990EZ/CostOtherBasisAndSalesExpenses	0	0
IRS990EZ/DidOrgFileForm1120POLThisYear	0	false
IRS990EZ/DoesOrgHaveHospital	0	false
IRS990EZ/EngagePoliticalCmpgnActivities	0	false
IRS990EZ/ExcessOrDeficitForYear	0	977
IRS990EZ/FeesAndOthPymtToIndContractors	0	14288
IRS990EZ/ForeignFinancialAccount	0	false
IRS990EZ/ForeignOffice	0	false
IRS990EZ/Form720Filed	0	false
IRS990EZ/FundraisingGrossIncome	0	0
IRS990EZ/GrossReceipts	0	36032
IRS990EZ/GrossReceiptsForPublicUse	0	0
IRS990EZ/GrossReceiptsLessThan25000	0	X
IRS990EZ/InfoInScheduleOPartI	0	X
IRS990EZ/InfoInScheduleOPartII	0	X
IRS990EZ/InitiationFeesAndCapitalContri	0	0
IRS990EZ/InvestmentIncome	0	781
IRS990EZ/LandAndBuildings/BOY	0	2419
IRS990EZ/LandAndBuildings/EOY	0	2356
IRS990EZ/MadeChangesToOrgnzngEtcDoc	0	false
IRS990EZ/MadeLoansToFromOfficers	0	false
IRS990EZ/MaintainAnyDonorAdvisedFunds	0	false
IRS990EZ/MembershipDues	0	35251
IRS990EZ/MethodOfAccountingCash	0	X
IRS990EZ/NetAssetsOrFundBalances/BOY	0	81039
IRS990EZ/NetAssetsOrFundBalancesBOY	0	81039
IRS990EZ/NetAssetsOrFundBalances/EOY	0	82016
IRS990EZ/NetAssetsOrFundBalancesEOY	0	82016
IRS990EZ/OfficerDirectorTrusteeKeyEmpl/AddressUS/AddressLine1	0	MAGIC MOUNTAIN ROAD
IRS990EZ/OfficerDirectorTrusteeKeyEmpl/AddressUS/AddressLine1	1	MAGIC MOUNTAIN ROAD
IRS990EZ/OfficerDirectorTrusteeKeyEmpl/AddressUS/AddressLine1	2	MAGIC MOUNTAIN ROAD
IRS990EZ/OfficerDirectorTrusteeKeyEmpl/AddressUS/AddressLine1	3	MAGIC MOUNTAIN ROAD
IRS990EZ/OfficerDirectorTrusteeKeyEmpl/AddressUS/City	0	LONDONDERRY
IRS990EZ/OfficerDirectorTrusteeKeyEmpl/AddressUS/City	1	LONDONDERRY
IRS990EZ/OfficerDirectorTrusteeKeyEmpl/AddressUS/City	2	LONDONDERRY
IRS990EZ/OfficerDirectorTrusteeKeyEmpl/AddressUS/City	3	LONDONDERRY
IRS990EZ/OfficerDirectorTrusteeKeyEmpl/AddressUS/State	0	VT
IRS990EZ/OfficerDirectorTrusteeKeyEmpl/AddressUS/State	1	VT
IRS990EZ/OfficerDirectorTrusteeKeyEmpl/AddressUS/State	2	VT
IRS990EZ/OfficerDirectorTrusteeKeyEmpl/AddressUS/State	3	VT
IRS990EZ/OfficerDirectorTrusteeKeyEmpl/AddressUS/ZIPCode	0	05148
IRS990EZ/OfficerDirectorTrusteeKeyEmpl/AddressUS/ZIPCode	1	05148
IRS990EZ/OfficerDirectorTrusteeKeyEmpl/AddressUS/ZIPCode	2	05148
IRS990EZ/OfficerDirectorTrusteeKeyEmpl/AddressUS/ZIPCode	3	05148
IRS990EZ/OfficerDirectorTrusteeKeyEmpl/AvgHoursPerWkDevotedToPosition	0	2.00
IRS990EZ/OfficerDirectorTrusteeKeyEmpl/AvgHoursPerWkDevotedToPosition	1	2.00
IRS990EZ/OfficerDirectorTrusteeKeyEmpl/AvgHoursPerWkDevotedToPosition	2	1.00
IRS990EZ/OfficerDirectorTrusteeKeyEmpl/AvgHoursPerWkDevotedToPosition	3	5.00
IRS990EZ/OfficerDirectorTrusteeKeyEmpl/Compensation	0	0
IRS990EZ/OfficerDirectorTrusteeKeyEmpl/Compensation	1	600
IRS990EZ/OfficerDirectorTrusteeKeyEmpl/Compensation	2	0
IRS990EZ/OfficerDirectorTrusteeKeyEmpl/Compensation	3	4390
IRS990EZ/OfficerDirectorTrusteeKeyEmpl/PersonName	0	LISA SICOTTE
IRS990EZ/OfficerDirectorTrusteeKeyEmpl/PersonName	1	LISA SICOTTE
IRS990EZ/OfficerDirectorTrusteeKeyEmpl/PersonName	2	TIM WAKER
IRS990EZ/OfficerDirectorTrusteeKeyEmpl/PersonName	3	KENNETH ALBERTI
IRS990EZ/OfficerDirectorTrusteeKeyEmpl/Title	0	Treasurer
IRS990EZ/OfficerDirectorTrusteeKeyEmpl/Title	1	Secretary
IRS990EZ/OfficerDirectorTrusteeKeyEmpl/Title	2	Vice President
IRS990EZ/OfficerDirectorTrusteeKeyEmpl/Title	3	President
IRS990EZ/Organization501c	0	X
IRS990EZ/OrganizationDissolvedEtc	0	false
IRS990EZ/OrganizationHadUBI	0	false
IRS990EZ/OtherAssetsTotal/BOY	0	18088
IRS990EZ/OtherAssetsTotal/EOY	0	18365
IRS990EZ/OtherExpensesTotal	0	15777
IRS990EZ/PartVIAHghstPaidCntrctProfSer	0	NONE
IRS990EZ/PartVIOfCompOfHighestPaidEmpl	0	NONE
IRS990EZ/PrimaryExemptPurpose	0	MAGIC WASTEWATER ASSOCIATION WAS FORMED BY SEVERAL LOCAL SMALL BUSINESSES FOR THE PURPOSE OF OPERATING A WASTEWATER AND SEWER TREATMENT FACILITY.
IRS990EZ/ProgramServiceAccomplishment/DescriptionProgramServiceAccom	0	MAGIC WASTERWATER ASSOCIATION OPERATES A WASTER WATER AND SEWER TREATMENT FACILITY. IT IS OPERATED JOINTLY BY SEVERAL LOCAL BUSINESSES SERVING THOUSANDS OF TOURISTS EACH YEAR.
IRS990EZ/ProhibitedTaxShelterTrans	0	false
IRS990EZ/RelatedOrgControlledEntity	0	false
IRS990EZ/SalariesOtherCompEmplBenefits	0	4990
IRS990EZ/ScheduleBNotRequired	0	X
IRS990EZ/SpecialEventsDirectExpenses	0	0
IRS990EZ/SpecialEventsNetIncomeLoss	0	0
IRS990EZ/StatesWhereCopyOfReturnIsFiled	0	VT
IRS990EZ/SumOfTotalLiabilities/BOY	0	45000
IRS990EZ/SumOfTotalLiabilities/EOY	0	45000
IRS990EZ/TanningServicesProvided	0	false
IRS990EZ/TheBooksAreInCareOf/AddressUS/AddressLine1	0	MAGIC MOUNTAIN ROAD
IRS990EZ/TheBooksAreInCareOf/AddressUS/City	0	LONDONDERRY
IRS990EZ/TheBooksAreInCareOf/AddressUS/State	0	VT
IRS990EZ/TheBooksAreInCareOf/AddressUS/ZIPCode	0	05148
IRS990EZ/TheBooksAreInCareOf/NamePerson	0	LISA SICOTTE
IRS990EZ/TheBooksAreInCareOf/TelephoneNumber	0	8028245908
IRS990EZ/TotalAssets/BOY	0	126039
IRS990EZ/TotalAssets/EOY	0	127016
IRS990EZ/TotalExpenses	0	35055
IRS990EZ/TotalRevenue	0	36032
IRS990EZ/TransactionWithControlEntity	0	false
IRS990EZ/WebSite	0	N/A
IRS990ScheduleO/GeneralExplanation/Explanation	0	RESERVES - Beginning $45000 RESERVES - Ending $45000
IRS990ScheduleO/GeneralExplanation/Explanation	1	Machinery and Equipment - Beginning $18088 Machinery and Equipment - Ending $18365
IRS990ScheduleO/GeneralExplanation/Explanation	2	INSURANCE $942
IRS990ScheduleO/GeneralExplanation/Explanation	3	SUPPLIES $1137
IRS990ScheduleO/GeneralExplanation/Explanation	4	PERMITS & LICENSES $1532
IRS990ScheduleO/GeneralExplanation/Explanation	5	MAINTENANCE $2957
IRS990ScheduleO/GeneralExplanation/Explanation	6	ELECTRICITY $6281
IRS990ScheduleO/GeneralExplanation/Explanation	7	Depreciation $1704
IRS990ScheduleO/GeneralExplanation/Explanation	8	Office Expenses $1224
IRS990ScheduleO/GeneralExplanation/Identifier	0	Form 990-EZ, Part II, Line 26.1
IRS990ScheduleO/GeneralExplanation/Identifier	1	Form 990-EZ, Part II, Line 24.1003
IRS990ScheduleO/GeneralExplanation/Identifier	2	Form 990-EZ, Part I, Line 16.5
IRS990ScheduleO/GeneralExplanation/Identifier	3	Form 990-EZ, Part I, Line 16.4
IRS990ScheduleO/GeneralExplanation/Identifier	4	Form 990-EZ, Part I, Line 16.3
IRS990ScheduleO/GeneralExplanation/Identifier	5	Form 990-EZ, Part I, Line 16.2
IRS990ScheduleO/GeneralExplanation/Identifier	6	Form 990-EZ, Part I, Line 16.1
IRS990ScheduleO/GeneralExplanation/Identifier	7	Form 990-EZ, Part I, Line 16.1009
IRS990ScheduleO/GeneralExplanation/Identifier	8	Form 990-EZ, Part I, Line 16.1002
IRS990ScheduleO/GeneralExplanation/ReturnReference	0	Total Liabilities.1
IRS990ScheduleO/GeneralExplanation/ReturnReference	1	Other Assets.1003
IRS990ScheduleO/GeneralExplanation/ReturnReference	2	Other Expenses.5
IRS990ScheduleO/GeneralExplanation/ReturnReference	3	Other Expenses.4
IRS990ScheduleO/GeneralExplanation/ReturnReference	4	Other Expenses.3
IRS990ScheduleO/GeneralExplanation/ReturnReference	5	Other Expenses.2
IRS990ScheduleO/GeneralExplanation/ReturnReference	6	Other Expenses.1
IRS990ScheduleO/GeneralExplanation/ReturnReference	7	Other Expenses.1009
IRS990ScheduleO/GeneralExplanation/ReturnReference	8	Other Expenses.1002
ReturnHeader/BuildTS	0	2016-02-24 21:20:13Z
ReturnHeader/Filer/EIN	0	030334263
ReturnHeader/Filer/Name/BusinessNameLine1	0	MAGIC WASTEWATER ASSOCIATION INC
ReturnHeader/Filer/NameControl	0	MAGI
ReturnHeader/Filer/Phone	0	8028245908
ReturnHeader/Filer/USAddress/AddressLine1	0	289 MAGIC MOUNTAIN ROAD
ReturnHeader/Filer/USAddress/City	0	LONDONDERRY
ReturnHeader/Filer/USAddress/State	0	VT
ReturnHeader/Filer/USAddress/ZIPCode	0	05148
ReturnHeader/Officer/DateSigned	0	2012-03-01
ReturnHeader/Officer/Name	0	KENNETH ALBERTI
ReturnHeader/Officer/Title	0	President
ReturnHeader/PreparerFirm/PreparerFirmBusinessName/BusinessNameLine1	0	PETER K SVENDSEN CPA PC
ReturnHeader/PreparerFirm/PreparerFirmUSAddress/AddressLine1	0	55 CLINTON STREET
ReturnHeader/PreparerFirm/PreparerFirmUSAddress/City	0	SPRINGFIELD
ReturnHeader/PreparerFirm/PreparerFirmUSAddress/State	0	VT
ReturnHeader/PreparerFirm/PreparerFirmUSAddress/ZIPCode	0	051563303
ReturnHeader/Preparer/Name	0	Peter K Svendsen
ReturnHeader/Preparer/Phone	0	8028855380
ReturnHeader/ReturnType	0	990EZ
ReturnHeader/TaxPeriodBeginDate	0	2010-11-01
ReturnHeader/TaxPeriodEndDate	0	2011-10-31
ReturnHeader/TaxYear	0	2010
ReturnHeader/Timestamp	0	2012-03-01T06:02:37-08:00

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2011 • Form 990EZFacts available. Structured filing facts are available, but richer extracted sections are limited.

Open filing

Assets: $127,016
Liabilities: $45,000
Net assets: $82,016
Revenue: $36,032
Expenses: $35,055
Net income: $977

	Balance Sheet			Operations
Year	Assets	Liabilities	Net Assets	Revenue	Expenses	Net Income
2025Detailed filing. Detailed filing data is available for this year.	$0.72	$0.45	$0.27	$0.53	$0.58	$0.05
2024Detailed filing. Detailed filing data is available for this year.	$0.77	$0.45	$0.32	$0.46	$0.43	$0.03
2023Detailed filing. Detailed filing data is available for this year.	$0.74	$0.45	$0.29	$0.47	$0.64	$0.17
2022Detailed filing. Detailed filing data is available for this year.	$0.91	$0.45	$0.46	$0.61	$0.60	$0.02
2021Detailed filing. Detailed filing data is available for this year.	$0.89	$0.45	$0.44	$0.44	$0.46	$0.02
2020Detailed filing. Detailed filing data is available for this year.	$0.91	$0.45	$0.46	$0.43	$0.46	$0.03
2019Detailed filing. Detailed filing data is available for this year.	$0.94	$0.45	$0.49	$0.36	$0.38	$0.01
2018Detailed filing. Detailed filing data is available for this year.	$0.95	$0.45	$0.50	$0.44	$0.44	$0.00
2017Detailed filing. Detailed filing data is available for this year.	$0.96	$0.45	$0.51	$0.50	$0.54	$0.04
2016Detailed filing. Detailed filing data is available for this year.	$1.00	$0.45	$0.55	$0.42	$0.52	$0.10
2015Detailed filing. Detailed filing data is available for this year.	$1.09	$0.45	$0.64	$0.36	$0.48	$0.13
2014Detailed filing. Detailed filing data is available for this year.	$1.22	$0.45	$0.77	$0.33	$0.36	$0.03
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.	$1.24	$0.45	$0.79	$0.35	$0.38	$0.03
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.	$1.27	$0.45	$0.82	$0.36	$0.35	$0.01
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.	$1.26	$0.45	$0.81	$0.39	$0.30	$0.09