Civic Intelligence

Falls Water Supply Corporation

EIN 03-0429181 • 501(c)12 • Pipe Creek, TX

Profile

Small Town Environmental Program

5054 English CrossingPipe Creek, TX 78063

n/A

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

Score unavailable

No value available

Liabilities-to-assets requires both liabilities and assets on the latest valid filing.

Source year 2024

Liabilities / Revenue

Score unavailable

No value available

Liabilities-to-revenue requires both liabilities and revenue on the latest valid filing.

Source year 2024

Net Margin

29th percentile

-9.9%

Higher net margin than 29% of similar nonprofits.

501(c)12 • <$500k nonprofits • Source year 2024

Top Officer Pay

79th percentile

$0

Higher top officer pay than 79% of similar nonprofits.

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

501(c)12 • <$500k nonprofits • Source year 2024

Asset Growth

85th percentile

17%

Faster asset growth than 85% of similar nonprofits.

501(c)12 • <$500k nonprofits • Annualized from 2023 to 2024

Revenue Growth

50th percentile

1.7%

Faster revenue growth than 50% of similar nonprofits.

501(c)12 • <$500k nonprofits • Annualized from 2023 to 2024

Balance Sheet
Liabilities / AssetsScore unavailable

Assets

Up

$196,712

Up $28,770 (+17%) from 2023

Liabilities

-

No earlier filing loaded for comparison.

Net Assets

Up

$196,712

Up $69,607 (+55%) from 2023

Operations
Liabilities / RevenueScore unavailableNet Margin29th percentile

Revenue

Up

$51,097

Up $874 (+1.7%) from 2023

Expenses

Up

$56,181

Up $29,428 (+110%) from 2023

Net Income

Down

-$5,084

Down $28,554 (-122%) from 2023

Trend Graphs

Balance Sheet Trend

Asset Growth85th percentile

Grouped bars show assets, liabilities, and net assets across loaded filings.

$200K$150K$100K$50K$0Assets 2011: $39,221Liabilities 2011: $5,9002011Assets 2012: $46,780Liabilities 2012: $2,3002012Assets 2013: $51,482Liabilities 2013: $0Net Assets 2013: $51,4822013Assets 2014: $59,283Liabilities 2014: $1,925Net Assets 2014: $57,3582014Assets 2015: $64,341Liabilities 2015: $1,979Net Assets 2015: $62,3622015Assets 2016: $64,060Liabilities 2016: $2,745Net Assets 2016: $61,3152016Assets 2017: $70,351Liabilities 2017: $3,165Net Assets 2017: $67,1862017Assets 2018: $83,100Liabilities 2018: $3,435Net Assets 2018: $79,6652018Assets 2019: $96,488Liabilities 2019: $3,830Net Assets 2019: $92,6582019Assets 2020: $96,094Liabilities 2020: $3,950Net Assets 2020: $92,1442020Assets 2021: $106,911Liabilities 2021: $3,860Net Assets 2021: $103,0512021Assets 2022: $156,028Liabilities 2022: $52,398Net Assets 2022: $103,6302022Assets 2023: $167,942Liabilities 2023: $40,837Net Assets 2023: $127,1052023Assets 2024: $196,712Net Assets 2024: $196,7122024

Highlighted filing

2024

Assets$196,712
Liabilities-
Net Assets$196,712
Open 2024 Filing

Operations Trend

Revenue Growth50th percentile

Revenue, expenses, and net income by year, with the latest filing highlighted.

$80K$60K$40K$20K$0-$20KRevenue 2011: $35,140Expenses 2011: $17,954Net Income 2011: $17,1862011Revenue 2012: $38,870Expenses 2012: $27,621Net Income 2012: $11,2492012Revenue 2013: $36,268Expenses 2013: $29,266Net Income 2013: $7,0022013Revenue 2014: $37,558Expenses 2014: $31,682Net Income 2014: $5,8762014Revenue 2015: $37,015Expenses 2015: $32,011Net Income 2015: $5,0042015Revenue 2016: $41,060Expenses 2016: $44,098Net Income 2016: -$3,0382016Revenue 2017: $40,969Expenses 2017: $35,518Net Income 2017: $5,4512017Revenue 2018: $41,069Expenses 2018: $28,590Net Income 2018: $12,4792018Revenue 2019: $40,897Expenses 2019: $28,563Net Income 2019: $12,3342019Revenue 2020: $44,843Expenses 2020: $45,479Net Income 2020: -$6362020Revenue 2021: $55,684Expenses 2021: $44,777Net Income 2021: $10,9072021Revenue 2022: $65,370Expenses 2022: $55,707Net Income 2022: $9,6632022Revenue 2023: $50,223Expenses 2023: $26,753Net Income 2023: $23,4702023Revenue 2024: $51,097Expenses 2024: $56,181Net Income 2024: -$5,0842024

Highlighted filing

2024

Revenue$51,097
Expenses$56,181
Net Income-$5,084
Open 2024 Filing

Filings

Most recent year

2024 • Form 990EZDetailed filing. Detailed filing data is available for this year.

Open filing
Assets
$196,712
Liabilities
-
Net assets
$196,712
Revenue
$51,097
Expenses
$56,181
Net income
-$5,084
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$1.97$1.97$0.51$0.56$0.05
2023Detailed filing. Detailed filing data is available for this year.$1.68$0.41$1.27$0.50$0.27$0.23
2022Detailed filing. Detailed filing data is available for this year.$1.56$0.52$1.04$0.65$0.56$0.10
2021Detailed filing. Detailed filing data is available for this year.$1.07$0.04$1.03$0.56$0.45$0.11
2020Detailed filing. Detailed filing data is available for this year.$0.96$0.04$0.92$0.45$0.45$0.01
2019Detailed filing. Detailed filing data is available for this year.$0.96$0.04$0.93$0.41$0.29$0.12
2018Detailed filing. Detailed filing data is available for this year.$0.83$0.03$0.80$0.41$0.29$0.12
2017Detailed filing. Detailed filing data is available for this year.$0.70$0.03$0.67$0.41$0.36$0.05
2016Detailed filing. Detailed filing data is available for this year.$0.64$0.03$0.61$0.41$0.44$0.03
2015Detailed filing. Detailed filing data is available for this year.$0.64$0.02$0.62$0.37$0.32$0.05
2014Detailed filing. Detailed filing data is available for this year.$0.59$0.02$0.57$0.38$0.32$0.06
2013Detailed filing. Detailed filing data is available for this year.$0.51$0.00$0.51$0.36$0.29$0.07
2012Summary only. Only limited summary data is available for this year.$0.47$0.02$0.39$0.28$0.11
2011Summary only. Only limited summary data is available for this year.$0.39$0.06$0.35$0.18$0.17
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
Sep 3, 2025
Return Version
2024v5.1
Gross Receipts
$51,097
Mission and Program Overview

Mission

Organization founded to provide water to rural community.

Provide water to rural community.

Program Services

DescriptionGrantsExpenses
DELIVERING SAFE WATER TO HOMEOWNERS AND MAINTAINING WELLS AND DISTRIBUTION SYSTEM.--
Compensation and Service Providers
Top Officer Pay79th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
BOB REEVESPresident-$0--
PAUL AHRENSVice President-$0--
ARNEDA REEVESSecretary-$0--
LESLIE SHASHACKTreasurer-$0--
MIKE JOHNSTONDirector-$0--
Filing and Contact Details

Filer

Filer Name
The Falls Water Supply Corp
EIN
03-0429181
Phone
2104141541
Address
5054 ENGLISH CROSSING, PIPE CREEK, TX 78063

Signing Officer

Name
Bob Reeves
Title
President
Phone
2102657031
Signed
2025-09-03
Discuss with paid preparer
No

Preparer

Firm
Martin Tax
Address
4214 CLEARSPRING, SAN ANTONIO, TX 78217
Preparer
Christian Martin
Phone
2108379895
Raw XML Appendix109 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/PersonNm0PAUL LOPEZ
IRS990EZ/BooksInCareOfDetail/PhoneNum02104141541
IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt0947 MOUNTAINVIEW
IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0PIPE CREEK
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0TX
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd078063
IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt0108869
IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt0140952
IRS990EZ/ChgMadeToOrgnzngDocNotRptInd0false
IRS990EZ/DonorAdvisedFndsInd0false
IRS990EZ/ExcessOrDeficitForYearAmt0-5084
IRS990EZ/FeesAndOtherPymtToIndCntrctAmt037323
IRS990EZ/ForeignFinancialAccountInd0false
IRS990EZ/ForeignOfficeInd0false
IRS990EZ/Form1120PolFiledInd0false
IRS990EZ/Form990TotalAssetsGrp/BOYAmt0167942
IRS990EZ/Form990TotalAssetsGrp/EOYAmt0196712
IRS990EZ/GrossReceiptsAmt051097
IRS990EZ/InfoInScheduleOPartIInd0X
IRS990EZ/InvestmentIncomeAmt0107
IRS990EZ/LandAndBuildingsGrp/BOYAmt059073
IRS990EZ/LandAndBuildingsGrp/EOYAmt055760
IRS990EZ/MadeLoansToFromOfficersInd0false
IRS990EZ/MembershipDuesAmt050990
IRS990EZ/MethodOfAccountingCashInd0X
IRS990EZ/NetAssetsOrFundBalancesBOYAmt0127105
IRS990EZ/NetAssetsOrFundBalancesEOYAmt0122021
IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt0127105
IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt0196712
IRS990EZ/OccupancyRentUtltsAndMaintAmt01114
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt0000.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt1000.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt2000.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt3000.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt4000.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt30
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt40
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt30
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt40
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt30
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt40
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0BOB REEVES
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm1PAUL AHRENS
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm2ARNEDA REEVES
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm3LESLIE SHASHACK
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm4MIKE JOHNSTON
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0PRESIDENT
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1VICE PRESIDENT
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2SECRETARY
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt3TREASURER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt4DIRECTOR
IRS990EZ/OperateHospitalInd0false
IRS990EZ/Organization501cInd0X
IRS990EZ/OrganizationDissolvedEtcInd0false
IRS990EZ/OrganizationHadUBIInd0false
IRS990EZ/OtherExpensesTotalAmt017744
IRS990EZ/PoliticalCampaignActyInd0false
IRS990EZ/PrimaryExemptPurposeTxt0Provide water to rural community.
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0DELIVERING SAFE WATER TO HOMEOWNERS AND MAINTAINING WELLS AND DISTRIBUTION SYSTEM.
IRS990EZ/ProhibitedTaxShelterTransInd0false
IRS990EZ/RelatedOrganizationCtrlEntInd0false
IRS990EZ/ScheduleBNotRequiredInd0X
IRS990EZ/SubjectToProxyTaxInd0false
IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt040837
IRS990EZ/TanningServicesProvidedInd0false
IRS990EZ/TotalExpensesAmt056181
IRS990EZ/TotalRevenueAmt051097
IRS990EZ/TransactionWithControlEntInd0false
IRS990EZ/TypeOfOrganizationCorpInd0X
ReturnHeader/BuildTS02025-03-06 01:10:19Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd00
ReturnHeader/BusinessOfficerGrp/PersonNm0BOB REEVES
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT
ReturnHeader/BusinessOfficerGrp/PhoneNum02102657031
ReturnHeader/BusinessOfficerGrp/SignatureDt02025-09-03
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0THE FALLS WATER SUPPLY CORP
ReturnHeader/Filer/BusinessNameControlTxt0FALL
ReturnHeader/Filer/EIN0030429181
ReturnHeader/Filer/PhoneNum02104141541
ReturnHeader/Filer/USAddress/AddressLine1Txt05054 ENGLISH CROSSING
ReturnHeader/Filer/USAddress/CityNm0PIPE CREEK
ReturnHeader/Filer/USAddress/StateAbbreviationCd0TX
ReturnHeader/Filer/USAddress/ZIPCd078063
ReturnHeader/IRSResponsiblePrtyInfoCurrInd0true
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0863577502
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0MARTIN TAX
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt04214 CLEARSPRING
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0SAN ANTONIO
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0TX
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd078217
ReturnHeader/PreparerPersonGrp/PhoneNum02108379895
ReturnHeader/PreparerPersonGrp/PreparationDt02025-10-22
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0CHRISTIAN MARTIN
ReturnHeader/PreparerPersonGrp/SelfEmployedInd0X
ReturnHeader/ReturnTs02025-10-22T17:13:53Z
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02024-01-01
ReturnHeader/TaxPeriodEndDt02024-12-31
ReturnHeader/TaxYr02024

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Peer Organizations

Similar nonprofits based on the same Siviq industry and scale cohort. 501(c)12 • <$500k nonprofits