Civic Intelligence

Granite State Rural Water Association

990 • Fiscal year 2015 • EIN 20-3427007

Jan 01, 2015 to Dec 31, 2015 • Filed on Jul 08, 2016

PO Box 596 47 Main Street Rm 204Walpole, NH 03608

(603) 753-4055

Siviq Scores

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

Liabilities / Assets

79th percentile

0.37x

Higher debt load relative to assets than 79% of similar nonprofits.

2015 filings • 501(c)6 • $500k-$1M nonprofits • Source year 2015

Liabilities / Revenue

64th percentile

0.16x

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

2015 filings • 501(c)6 • $500k-$1M nonprofits • Source year 2015

Net Margin

42nd percentile

1.4%

Higher net margin than 42% of similar nonprofits.

2015 filings • 501(c)6 • $500k-$1M nonprofits • Source year 2015

Top Officer Pay

46th percentile

$46,550

Higher top officer pay than 46% of similar nonprofits.

Top officer pay equals 7.0% of source-year revenue.

2015 filings • 501(c)6 • $500k-$1M nonprofits • Source year 2015

Asset Growth

13th percentile

-14%

Faster asset growth than 13% of similar nonprofits.

2015 filings • 501(c)6 • $500k-$1M nonprofits • Annualized from 2014 to 2015

Revenue Growth

56th percentile

4.9%

Faster revenue growth than 56% of similar nonprofits.

2015 filings • 501(c)6 • $500k-$1M nonprofits • Annualized from 2014 to 2015

Assets

Down

$281,829

Down $44,416 (-14%) from 2014

Net Assets

Up

$176,996

Up $9,621 (+5.7%) from 2014

Liabilities

Down

$104,833

Down $54,037 (-34%) from 2014

Revenue

Up

$669,678

Up $31,205 (+4.9%) from 2014

Expenses

Up

$660,057

Up $37,227 (+6.0%) from 2014

Net Income

Down

$9,621

Down $6,022 (-38%) from 2014

Historical Trend

Balance Sheet Trend

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

$800K$600K$400K$200K$0Assets 2010: $254,783Liabilities 2010: $75,941Net Assets 2010: $178,8422010Assets 2011: $285,401Liabilities 2011: $83,532Net Assets 2011: $201,8692011Assets 2012: $291,917Liabilities 2012: $78,911Net Assets 2012: $213,0062012Assets 2013: $304,611Liabilities 2013: $81,937Net Assets 2013: $222,6742013Assets 2014: $326,245Liabilities 2014: $158,870Net Assets 2014: $167,3752014Assets 2015: $281,829Liabilities 2015: $104,833Net Assets 2015: $176,9962015Assets 2016: $277,308Liabilities 2016: $64,050Net Assets 2016: $213,2582016Assets 2017: $280,546Liabilities 2017: $75,073Net Assets 2017: $205,4732017Assets 2018: $314,270Liabilities 2018: $72,711Net Assets 2018: $241,5592018Assets 2019: $345,660Liabilities 2019: $68,746Net Assets 2019: $276,9142019Assets 2020: $393,203Liabilities 2020: $70,546Net Assets 2020: $322,6572020Assets 2021: $502,207Liabilities 2021: $66,565Net Assets 2021: $435,6422021Assets 2022: $570,903Liabilities 2022: $55,155Net Assets 2022: $515,7482022Assets 2023: $672,027Liabilities 2023: $73,815Net Assets 2023: $598,2122023Assets 2024: $757,213Liabilities 2024: $97,872Net Assets 2024: $659,3412024

Highlighted filing

2015

Assets$281,829
Liabilities$104,833
Net Assets$176,996

Operations Trend

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

$1.5M$1.0M$500K$0-$500KExpenses 2010: $698,0172010Revenue 2011: $594,210Expenses 2011: $571,183Net Income 2011: $23,0272011Expenses 2012: $495,8802012Revenue 2013: $614,353Expenses 2013: $604,685Net Income 2013: $9,6682013Revenue 2014: $638,473Expenses 2014: $622,830Net Income 2014: $15,6432014Revenue 2015: $669,678Expenses 2015: $660,057Net Income 2015: $9,6212015Revenue 2016: $658,640Expenses 2016: $622,378Net Income 2016: $36,2622016Revenue 2017: $704,248Expenses 2017: $712,033Net Income 2017: -$7,7852017Revenue 2018: $716,090Expenses 2018: $680,004Net Income 2018: $36,0862018Revenue 2019: $796,424Expenses 2019: $761,069Net Income 2019: $35,3552019Revenue 2020: $674,498Expenses 2020: $628,755Net Income 2020: $45,7432020Revenue 2021: $792,254Expenses 2021: $679,269Net Income 2021: $112,9852021Revenue 2022: $741,365Expenses 2022: $661,259Net Income 2022: $80,1062022Revenue 2023: $878,047Expenses 2023: $795,583Net Income 2023: $82,4642023Revenue 2024: $1,021,712Expenses 2024: $960,583Net Income 2024: $61,1292024

Highlighted filing

2015

Revenue$669,678
Expenses$660,057
Net Income$9,621
Jump To
Filing Snapshot
Filing Period
Jan 1, 2015 to Dec 31, 2015
Signed
Jul 8, 2016
Return Version
2015v2.1
Gross Receipts
$669,678
Mission and Program Overview

Mission

Provide aid to water and wastewater systems through training and on-site technical assistance throughout new hampshire.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$148,227$130,978▼ $17,249
Pledges and Grants Receivable$66,735$77,837▲ $11,102
Savings and Temporary Cash Investments$88,930$35,383▼ $53,547
Land, Buildings, and Equipment, Net$4,243$20,636▲ $16,393
Accounts Receivable$11,288$13,476▲ $2,188
Prepaid Expenses and Deferred Charges$6,822$3,519▼ $3,303
Total Assets$326,245$281,829▼ $44,416
Liabilities
Accounts Payable and Accrued Expenses$65,148$62,991▼ $2,157
Other Liabilities$59,061--
Mortgage Notes Payable Secured by Investment Property$16,988$20,984▲ $3,996
Deferred Revenue$17,673$20,858▲ $3,185
Total Liabilities$158,870$104,833▼ $54,037
Net Assets / Fund Balance
Unrestricted Net Assets$129,334$158,651▲ $29,317
Temporarily Rstr Net Assets$38,041$18,345▼ $19,696
Total Net Assets Fund Balance$167,375$176,996▲ $9,621
Total Liabilities and Net Assets / Fund Balance$326,245$281,829▼ $44,416

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$20,636$6,743$27,379
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Jennifer PalmiottoExecutive DiPT$43,505$3,045$46,550

Board Members and Trustees

NameTitle
David BernierPresident
Bob NaylorDirector
Dennis NadeauDirector
Philippe MaltaisSecretary/tr
Robert FagnantVice Preside
Revenue and Support

Revenue Composition

Contributions and Grants
$58,366
Program Service Revenue
$583,889
Investment Income
$0
Other Revenue
$27,423
All Other Contributions
$4,221
Change in Net Assets
$9,621

Audited Revenue Reconciliation

Revenue per Audited Statements
$669,678
Revenue Not Reported on Form 990
$3,833
Total Revenue per Audited Statements
$673,511
Total Revenue per Form 990
$669,678
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$403,530
Other Expenses$256,527
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$283,297$66,705-$350,002
Travel$71,873$4,656-$76,529
Fees for Services Accounting-$32,636-$32,636
Payroll Taxes$22,522$5,066-$27,588
Pension Plan Contributions$19,470$4,196-$23,666
All Other Expenses$7,052$16,125-$23,177
Conferences and Meetings$17,060$3,193-$20,253
Office Expenses-$14,828-$14,828
Other Expenses$16,161$9,041-$9,041
Insurance-$5,189-$5,189
Occupancy-$4,800-$4,800
Fees for Services Legal-$3,505-$3,505
Other Employee Benefits$1,907$367-$2,274
Interest-$2,184-$2,184
Depreciation Depletion-$1,248-$1,248
Total Functional Expenses$459,990$200,067$0$660,057

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$663,890
Expenses per Audited Statements$660,057
Total Expenses per Form 990$660,057
Expenses Not Reported on Form 990$3,833
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
In-house lobbying only
Yes
Subject to proxy tax
Yes
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
No
Audit committee
No
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
No
Other officer compensation reviewed
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
Yes
Management duties delegated
No

Governance Explanations

Form 990, Page 6, Part VI, Line 7A

Members consist of system members (any public water or wastewater system) and associate members (members from firms, organizations or corporations) desiring to assist in the work of gsrwa or individual members adhering to the purpose of gsrwa. System members are the only members who have the right to vote, and who elect the board of directors.

Form 990, Page 6, Part VI, Line 7B

System members may attend annual or special meetings and have the right to vote on any matter upon which members may vote.

Form 990, Page 6, Part VI, Line 11B

Form 990 is reviewed by management as well as the board of directors before it is filed.

Form 990, Page 6, Part VI, Line 19

Documents are available upon request at the gsrwa office.

Filing and Contact Details

Filer

Filer Name
Granite State Rural Water Assoc
EIN
20-3427007
Phone
6037534055
Address
PO BOX 596 47 MAIN STREET RM 204, WALPOLE, NH 03608

Signing Officer

Name
Philippe Maltais
Title
Secretary/treasurer
Phone
6037563670
Signed
2016-07-08
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Philippe Maltais
Formed
2005
Legal Domicile
Nh
Voting Board Members
5
Independent Board Members
5
Employees
11

Preparer

Firm
Dorothy B Reinert CPA Pllc
Address
583 GLENSHIRE LN, COTTONWOOD, AZ 86326-6146
Preparer
Dorothy Reinert
Phone
9286497420
Supplemental Narrative

Additional Explanations

Form 990, Page 2, Part III, Line 4D

On site technical assistance; sourcewater protection; technnical assistance for wastewater systems; and leak detection assistance for for towns and small municipalites in new hampshire. Also provided a special event for educational purposes for membership.

Raw XML Appendix367 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.

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IRS990/PYOtherRevenueAmt023657
IRS990/PYProgramServiceRevenueAmt0571257
IRS990/PYRevenuesLessExpensesAmt015643
IRS990/PYSalariesCompEmpBnftPaidAmt0378438
IRS990/PYTotalExpensesAmt0622830
IRS990/PYTotalRevenueAmt0638473
IRS990/ReconcilationRevenueExpnssAmt09621
IRS990/RegularMonitoringEnfrcInd0false
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0false
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RevenueAmt0228000
IRS990/SavingsAndTempCashInvstGrp/BOYAmt088930
IRS990/SavingsAndTempCashInvstGrp/EOYAmt035383
IRS990/ScheduleBRequiredInd0false
IRS990ScheduleC/AgreeCarryoverPriorYearInd0false
IRS990ScheduleC/OnlyInHouseLobbyingInd0true
IRS990ScheduleC/SubstantiallyAllDuesNondedInd0true
IRS990ScheduleD/DonatedServicesAndUseFcltsAmt03833
IRS990ScheduleD/DonatedServicesUseFcltsAmt03833
IRS990ScheduleD/EquipmentGrp/BookValueAmt020636
IRS990ScheduleD/EquipmentGrp/DepreciationAmt06743
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt027379
IRS990ScheduleD/ExpensesNotReportedAmt03833
IRS990ScheduleD/ExpensesSubtotalAmt0660057
IRS990ScheduleD/RevenueNotReportedAmt03833
IRS990ScheduleD/RevenueSubtotalAmt0669678
IRS990ScheduleD/TotalBookValueLandBuildingsAmt020636
IRS990ScheduleD/TotalExpensesPerForm990Amt0660057
IRS990ScheduleD/TotalRevenuePerForm990Amt0669678
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt0673511
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt0663890
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0ON SITE TECHNICAL ASSISTANCE; SOURCEWATER PROTECTION; TECHNNICAL ASSISTANCE FOR WASTEWATER SYSTEMS; AND LEAK DETECTION ASSISTANCE FOR FOR TOWNS AND SMALL MUNICIPALITES IN NEW HAMPSHIRE. ALSO PROVIDED A SPECIAL EVENT FOR EDUCATIONAL PURPOSES FOR MEMBERSHIP.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1MEMBERS CONSIST OF SYSTEM MEMBERS (ANY PUBLIC WATER OR WASTEWATER SYSTEM) AND ASSOCIATE MEMBERS (MEMBERS FROM FIRMS, ORGANIZATIONS OR CORPORATIONS) DESIRING TO ASSIST IN THE WORK OF GSRWA OR INDIVIDUAL MEMBERS ADHERING TO THE PURPOSE OF GSRWA. SYSTEM MEMBERS ARE THE ONLY MEMBERS WHO HAVE THE RIGHT TO VOTE, AND WHO ELECT THE BOARD OF DIRECTORS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2SYSTEM MEMBERS MAY ATTEND ANNUAL OR SPECIAL MEETINGS AND HAVE THE RIGHT TO VOTE ON ANY MATTER UPON WHICH MEMBERS MAY VOTE.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3FORM 990 IS REVIEWED BY MANAGEMENT AS WELL AS THE BOARD OF DIRECTORS BEFORE IT IS FILED.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4DOCUMENTS ARE AVAILABLE UPON REQUEST AT THE GSRWA OFFICE.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PAGE 2, PART III, LINE 4D
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PAGE 6, PART VI, LINE 7A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PAGE 6, PART VI, LINE 7B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PAGE 6, PART VI, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PAGE 6, PART VI, LINE 19
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/SubjectToProxyTaxInd0true
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TemporarilyRstrNetAssetsGrp/BOYAmt038041
IRS990/TemporarilyRstrNetAssetsGrp/EOYAmt018345
IRS990/TempOrPermanentEndowmentsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt0326245
IRS990/TotalAssetsEOYAmt0281829
IRS990/TotalAssetsGrp/BOYAmt0326245
IRS990/TotalAssetsGrp/EOYAmt0281829
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalContributionsAmt058366
IRS990/TotalEmployeeCnt011
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt0200067
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0459990
IRS990/TotalFunctionalExpensesGrp/TotalAmt0660057
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt0158870
IRS990/TotalLiabilitiesEOYAmt0104833
IRS990/TotalLiabilitiesGrp/BOYAmt0158870
IRS990/TotalLiabilitiesGrp/EOYAmt0104833
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0167375
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0176996
IRS990/TotalOtherCompensationAmt03045
IRS990/TotalOtherProgSrvcExpenseAmt0149904
IRS990/TotalOtherProgSrvcRevenueAmt0195853
IRS990/TotalProgramServiceExpensesAmt0459990
IRS990/TotalProgramServiceRevenueAmt0583889
IRS990/TotalReportableCompFromOrgAmt043505
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt0611312
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0669678
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt0326245
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt0281829
IRS990/TravelGrp/ManagementAndGeneralAmt04656
IRS990/TravelGrp/ProgramServicesAmt071873
IRS990/TravelGrp/TotalAmt076529
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/UnrestrictedNetAssetsGrp/BOYAmt0129334
IRS990/UnrestrictedNetAssetsGrp/EOYAmt0158651
IRS990/UponRequestInd0X
IRS990/VotingMembersGoverningBodyCnt05
IRS990/VotingMembersIndependentCnt05
IRS990/WebsiteAddressTxt0WWW.GRANITESTATEWATER.ORG
IRS990/WhistleblowerPolicyInd0true
ReturnHeader/BuildTS02016-09-27 15:27:22Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0PHILIPPE MALTAIS
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0SECRETARY/TREASURER
ReturnHeader/BusinessOfficerGrp/PhoneNum06037563670
ReturnHeader/BusinessOfficerGrp/SignatureDt02016-07-08
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0GRANITE STATE RURAL WATER ASSOC
ReturnHeader/Filer/BusinessNameControlTxt0GRAN
ReturnHeader/Filer/EIN0203427007
ReturnHeader/Filer/PhoneNum06037534055
ReturnHeader/Filer/USAddress/AddressLine1Txt0PO BOX 596 47 MAIN STREET RM 204
ReturnHeader/Filer/USAddress/CityNm0WALPOLE
ReturnHeader/Filer/USAddress/StateAbbreviationCd0NH
ReturnHeader/Filer/USAddress/ZIPCd003608
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0DOROTHY B REINERT CPA PLLC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0583 GLENSHIRE LN
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0COTTONWOOD
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0AZ
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd0863266146
ReturnHeader/PreparerPersonGrp/PhoneNum09286497420
ReturnHeader/PreparerPersonGrp/PreparationDt02016-07-14
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0DOROTHY REINERT
ReturnHeader/PreparerPersonGrp/SelfEmployedInd0X
ReturnHeader/ReturnTs02016-07-14T09:04:35-05:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02015-01-01
ReturnHeader/TaxPeriodEndDt02015-12-31
ReturnHeader/TaxYr02015

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.76$0.10$0.66$1.02$0.96$0.06
2023Summary only. Only limited summary data is available for this year.$0.67$0.07$0.60$0.88$0.80$0.08
2022XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.57$0.06$0.52$0.74$0.66$0.08
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.50$0.07$0.44$0.79$0.68$0.11
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.39$0.07$0.32$0.67$0.63$0.05
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.35$0.07$0.28$0.80$0.76$0.04
2018Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.31$0.07$0.24$0.72$0.68$0.04
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.28$0.08$0.21$0.70$0.71$0.01
2016Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.28$0.06$0.21$0.66$0.62$0.04
2015Detailed filing. Detailed filing data is available for this year.$0.28$0.10$0.18$0.67$0.66$0.01
2014Detailed filing. Detailed filing data is available for this year.$0.33$0.16$0.17$0.64$0.62$0.02
2013Detailed filing. Detailed filing data is available for this year.$0.30$0.08$0.22$0.61$0.60$0.01
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.29$0.08$0.21$0.50
2011Summary only. Only limited summary data is available for this year.$0.29$0.08$0.20$0.59$0.57$0.02
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.25$0.08$0.18$0.70
Peer Organizations

Similar nonprofits based on the same Siviq industry and scale cohort. 2015 filings • 501(c)6 • $500k-$1M nonprofits