Civic Intelligence

Magic Wastewater Association Inc

990EZ • Fiscal year 2014 • EIN 03-0334263

Nov 01, 2013 to Oct 31, 2014 • Filed on Mar 28, 2015

Organization ProfileN/A
289 Magic Mountain RoadLondonderry, VT 05148

(802) 824-5908

Siviq Scores

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

Liabilities / Assets

83rd percentile

0.37x

Higher debt load relative to assets than 83% of similar nonprofits.

2014 filings • 501(c)12 • <$500k nonprofits • Source year 2014

Liabilities / Revenue

90th percentile

1.38x

Higher debt load relative to revenue than 90% of similar nonprofits.

2014 filings • 501(c)12 • <$500k nonprofits • Source year 2014

Net Margin

24th percentile

-9.9%

Higher net margin than 24% of similar nonprofits.

2014 filings • 501(c)12 • <$500k nonprofits • Source year 2014

Top Officer Pay

72nd percentile

$0

Higher top officer pay than 72% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

2014 filings • 501(c)12 • <$500k nonprofits • Source year 2014

Asset Growth

38th percentile

-0.6%

Faster asset growth than 38% of similar nonprofits.

2014 filings • 501(c)12 • <$500k nonprofits • Annualized from 2012 to 2014

Revenue Growth

30th percentile

-3.4%

Faster revenue growth than 30% of similar nonprofits.

2014 filings • 501(c)12 • <$500k nonprofits • Annualized from 2012 to 2014

Balance Sheet
Liabilities / Assets83rd percentile

Assets

Down

$122,352

Down $1,508 (-1.2%) from 2012

Net Assets

Down

$77,352

Down $1,508 (-1.9%) from 2012

Liabilities

Flat

$45,000

Flat from 2012

Revenue And Expenses
Liabilities / Revenue90th percentileNet Margin24th percentile

Revenue

Down

$32,644

Down $2,308 (-6.6%) from 2012

Expenses

Down

$35,881

Down $2,227 (-5.8%) from 2012

Net Income

Down

-$3,237

Down $81 (-2.6%) from 2012

Historical Trend

Balance Sheet Trend

Asset Growth38th percentile

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

$150K$100K$50K$0Assets 2010: $126,039Liabilities 2010: $45,000Net Assets 2010: $81,0392010Assets 2011: $127,016Liabilities 2011: $45,000Net Assets 2011: $82,0162011Assets 2012: $123,860Liabilities 2012: $45,000Net Assets 2012: $78,8602012Assets 2014: $122,352Liabilities 2014: $45,000Net Assets 2014: $77,3522014Assets 2015: $109,444Liabilities 2015: $45,000Net Assets 2015: $64,4442015Assets 2016: $99,922Liabilities 2016: $45,000Net Assets 2016: $54,9222016Assets 2017: $95,787Liabilities 2017: $45,000Net Assets 2017: $50,7872017Assets 2018: $95,382Liabilities 2018: $45,000Net Assets 2018: $50,3822018Assets 2019: $94,183Liabilities 2019: $45,000Net Assets 2019: $49,1832019Assets 2020: $91,005Liabilities 2020: $45,000Net Assets 2020: $46,0052020Assets 2021: $89,124Liabilities 2021: $45,000Net Assets 2021: $44,1242021Assets 2022: $90,694Liabilities 2022: $45,000Net Assets 2022: $45,6942022Assets 2023: $73,781Liabilities 2023: $45,000Net Assets 2023: $28,7812023Assets 2024: $76,607Liabilities 2024: $45,000Net Assets 2024: $31,6072024Assets 2025: $72,049Liabilities 2025: $45,000Net Assets 2025: $27,0492025

Highlighted filing

2014

Assets$122,352
Liabilities$45,000
Net Assets$77,352
Open 2014 Filing

Operations Trend

Revenue Growth30th percentile

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

$100K$50K$0-$50KRevenue 2010: $39,285Expenses 2010: $30,065Net Income 2010: $9,2202010Revenue 2011: $36,032Expenses 2011: $35,055Net Income 2011: $9772011Revenue 2012: $34,952Expenses 2012: $38,108Net Income 2012: -$3,1562012Revenue 2014: $32,644Expenses 2014: $35,881Net Income 2014: -$3,2372014Revenue 2015: $35,545Expenses 2015: $48,453Net Income 2015: -$12,9082015Revenue 2016: $42,279Expenses 2016: $51,801Net Income 2016: -$9,5222016Revenue 2017: $49,586Expenses 2017: $53,721Net Income 2017: -$4,1352017Revenue 2018: $43,754Expenses 2018: $44,159Net Income 2018: -$4052018Revenue 2019: $36,430Expenses 2019: $37,629Net Income 2019: -$1,1992019Revenue 2020: $43,167Expenses 2020: $46,345Net Income 2020: -$3,1782020Revenue 2021: $43,826Expenses 2021: $45,707Net Income 2021: -$1,8812021Revenue 2022: $61,180Expenses 2022: $59,610Net Income 2022: $1,5702022Revenue 2023: $47,344Expenses 2023: $64,257Net Income 2023: -$16,9132023Revenue 2024: $45,502Expenses 2024: $42,676Net Income 2024: $2,8262024Revenue 2025: $52,987Expenses 2025: $57,545Net Income 2025: -$4,5582025

Highlighted filing

2014

Revenue$32,644
Expenses$35,881
Net Income-$3,237
Open 2014 Filing
Jump To
Filing Snapshot
Filing Period
Nov 1, 2013 to Oct 31, 2014
Signed
Mar 28, 2015
Return Version
2013v4.0
Gross Receipts
$32,644
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.

Magic wastewater association was formed by several local small businesses for the purpose of operating a wastewater and sewer treatment facility.

Program Services

DescriptionGrantsExpenses
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.--
Compensation and Service Providers
Top Officer Pay72nd percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
KENNETH ALBERTIPresidentPT$0--
TIM WAKERVice President-$0--
LISA SICOTTESecretary-$0--
LISA SICOTTETreasurer-$0--
Filing and Contact Details

Filer

EIN
03-0334263
Phone
8028245908

Signing Officer

Name
Kenneth Alberti
Title
President
Signed
2015-03-28
Discuss with paid preparer
Yes

Preparer

Preparer
Peter K Svendsen
Phone
8028855380
Supplemental Narrative

Additional Explanations

Other Expenses.1002

“Office Expenses $1266”

Other Expenses.1009

“Depreciation $2048”

Other Expenses.1

“MAINTENANCE $5313”

Other Expenses.2

“Utilities $4932”

Other Expenses.3

“SUPPLIES $2650”

Other Expenses.4

“PERMITS & LICENSES $1712”

Other Expenses.5

“Insurance $1011”

Other Expenses.6

“REPAIRS $152”

Other Assets.1003

“Machinery and Equipment - Beginning $14859 Machinery and Equipment - Ending $19838”

Total Liabilities.1

“RESERVES - Beginning $45000 RESERVES - Ending $45000”

Raw XML Appendix124 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/ActivitiesNotPreviouslyRptInd0false
IRS990EZ/BooksInCareOfDetail/PersonNm0LISA SICOTTE
IRS990EZ/BooksInCareOfDetail/PhoneNum08028245908
IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine10MAGIC MOUNTAIN ROAD
IRS990EZ/BooksInCareOfDetail/USAddress/City0LONDONDERRY
IRS990EZ/BooksInCareOfDetail/USAddress/State0VT
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCode005148
IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt0108500
IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt0100347
IRS990EZ/ChgMadeToOrgnzngDocNotRptInd0false
IRS990EZ/CostOfGoodsSoldAmt00
IRS990EZ/CostOrOtherBasisExpenseSaleAmt00
IRS990EZ/DonorAdvisedFndsInd0false
IRS990EZ/ExcessOrDeficitForYearAmt0-3237
IRS990EZ/FeesAndOtherPymtToIndCntrctAmt016797
IRS990EZ/ForeignFinancialAccountInd0false
IRS990EZ/ForeignOfficeInd0false
IRS990EZ/Form1120PolFiledInd0false
IRS990EZ/Form720FiledInd0false
IRS990EZ/Form990TotalAssetsGrp/BOYAmt0125589
IRS990EZ/Form990TotalAssetsGrp/EOYAmt0122352
IRS990EZ/FundraisingGrossIncomeAmt00
IRS990EZ/GrossReceiptsAmt032644
IRS990EZ/GrossReceiptsForPublicUseAmt00
IRS990EZ/InfoInScheduleOPartIIInd0X
IRS990EZ/InfoInScheduleOPartIInd0X
IRS990EZ/InitiationFeesAndCapContriAmt00
IRS990EZ/InvestmentIncomeAmt0277
IRS990EZ/LandAndBuildingsGrp/BOYAmt02230
IRS990EZ/LandAndBuildingsGrp/EOYAmt02167
IRS990EZ/MadeLoansToFromOfficersInd0false
IRS990EZ/MembershipDuesAmt032367
IRS990EZ/MethodOfAccountingCashInd0X
IRS990EZ/NetAssetsOrFundBalancesBOYAmt080589
IRS990EZ/NetAssetsOrFundBalancesEOYAmt077352
IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt080589
IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt077352
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt05.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt11.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt22.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt32.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt30
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0KENNETH ALBERTI
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm1TIM WAKER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm2LISA SICOTTE
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm3LISA SICOTTE
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0President
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1Vice President
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2Secretary
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt3Treasurer
IRS990EZ/OperateHospitalInd0false
IRS990EZ/Organization501cInd0X
IRS990EZ/OrganizationDissolvedEtcInd0false
IRS990EZ/OrganizationFiled990TInd0false
IRS990EZ/OrganizationHadUBIInd0false
IRS990EZ/OtherAssetsTotalDetail/BOYAmt014859
IRS990EZ/OtherAssetsTotalDetail/EOYAmt019838
IRS990EZ/OtherExpensesTotalAmt019084
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt0NONE
IRS990EZ/PartVIOfCompOfHghstPdEmplTxt0NONE
IRS990EZ/PoliticalCampaignActyInd0false
IRS990EZ/PrimaryExemptPurposeTxt0MAGIC WASTEWATER ASSOCIATION WAS FORMED BY SEVERAL LOCAL SMALL BUSINESSES FOR THE PURPOSE OF OPERATING A WASTEWATER AND SEWER TREATMENT FACILITY.
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0MAGIC 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/ProhibitedTaxShelterTransInd0false
IRS990EZ/RelatedOrganizationCtrlEntInd0false
IRS990EZ/ScheduleBNotRequiredInd0X
IRS990EZ/SpecialEventsDirectExpensesAmt00
IRS990EZ/SubjectToProxyTaxInd0false
IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt045000
IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt045000
IRS990EZ/TanningServicesProvidedInd0false
IRS990EZ/TotalExpensesAmt035881
IRS990EZ/TotalRevenueAmt032644
IRS990EZ/TransactionWithControlEntInd0false
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990EZ/WebsiteAddressTxt0N/A
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0Office Expenses $1266
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1Depreciation $2048
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2MAINTENANCE $5313
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3Utilities $4932
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4SUPPLIES $2650
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5PERMITS & LICENSES $1712
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6Insurance $1011
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt7REPAIRS $152
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt8Machinery and Equipment - Beginning $14859 Machinery and Equipment - Ending $19838
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt9RESERVES - Beginning $45000 RESERVES - Ending $45000
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Other Expenses.1002
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Other Expenses.1009
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Other Expenses.1
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Other Expenses.2
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Other Expenses.3
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5Other Expenses.4
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6Other Expenses.5
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc7Other Expenses.6
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc8Other Assets.1003
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc9Total Liabilities.1
ReturnHeader/BuildTS02016-02-25 16:41:14Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0KENNETH ALBERTI
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0President
ReturnHeader/BusinessOfficerGrp/SignatureDt02015-03-28
ReturnHeader/Filer/BusinessName/BusinessNameLine10MAGIC WASTEWATER ASSOCIATION INC
ReturnHeader/Filer/BusinessNameControlTxt0MAGI
ReturnHeader/Filer/EIN0030334263
ReturnHeader/Filer/PhoneNum08028245908
ReturnHeader/Filer/USAddress/AddressLine10289 MAGIC MOUNTAIN ROAD
ReturnHeader/Filer/USAddress/City0LONDONDERRY
ReturnHeader/Filer/USAddress/State0VT
ReturnHeader/Filer/USAddress/ZIPCode005148
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine10PETER K SVENDSEN CPA PC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1055 CLINTON STREET
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/City0SPRINGFIELD
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/State0VT
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCode0051563303
ReturnHeader/PreparerPersonGrp/PhoneNum08028855380
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0Peter K Svendsen
ReturnHeader/ReturnTs02015-03-28T08:59:41-07:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02013-11-01
ReturnHeader/TaxPeriodEndDt02014-10-31
ReturnHeader/TaxYr02013

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2014 • Form 990EZDetailed filing. Detailed filing data is available for this year.

Open filing
Assets
$122,352
Liabilities
$45,000
Net assets
$77,352
Revenue
$32,644
Expenses
$35,881
Net income
-$3,237
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet 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