Civic Intelligence

Y-Squalicum Water Association Inc

EIN 23-7111754 • 501(c)12 • Bellingham, WA

Profile

The organization provides water to those electing to receive it in the association's declared service area.

PO Box 30966Bellingham, WA 98228

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 2025

Liabilities / Revenue

Score unavailable

No value available

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

Source year 2025

Net Margin

96th percentile

63%

Higher net margin than 96% of similar nonprofits.

501(c)12 • <$500k nonprofits • Source year 2025

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 2025

Asset Growth

Score unavailable

No value available

No earlier valid filing was available within the previous three public years.

Source year 2025

Revenue Growth

Score unavailable

No value available

No earlier valid filing was available within the previous three public years.

Source year 2025

Balance Sheet
Liabilities / AssetsScore unavailable

Assets

$387,880

No earlier filing loaded for comparison.

Liabilities

-

No earlier filing loaded for comparison.

Net Assets

$387,880

No earlier filing loaded for comparison.

Operations
Liabilities / RevenueScore unavailableNet Margin96th percentile

Revenue

$113,703

No earlier filing loaded for comparison.

Expenses

$41,663

No earlier filing loaded for comparison.

Net Income

$72,040

No earlier filing loaded for comparison.

Trend Graphs

Balance Sheet Trend

Asset GrowthScore unavailable

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

$400K$300K$200K$100K$0Assets 2025: $387,880Net Assets 2025: $387,8802025

Highlighted filing

2025

Assets$387,880
Liabilities-
Net Assets$387,880
Open 2025 Filing

Operations Trend

Revenue GrowthScore unavailable

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

$150K$100K$50K$0Revenue 2025: $113,703Expenses 2025: $41,663Net Income 2025: $72,0402025

Highlighted filing

2025

Revenue$113,703
Expenses$41,663
Net Income$72,040
Open 2025 Filing

Filings

Most recent year

2025 • Form 990EZDetailed filing. Detailed filing data is available for this year.

Open filing
Assets
$387,880
Liabilities
-
Net assets
$387,880
Revenue
$113,703
Expenses
$41,663
Net income
$72,040
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Detailed filing. Detailed filing data is available for this year.$3.88$3.88$1.14$0.42$0.72
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Apr 1, 2024 to Mar 31, 2025
Signed
Feb 2, 2026
Return Version
2024v5.2
Gross Receipts
$113,703
Mission and Program Overview

Mission

The organization provides water to those electing to receive it in the association's declared service area.

Program Services

DescriptionGrantsExpenses
Pump water from a single well to a holding tank to dispense water through water lines installed by the association.--
Compensation and Service Providers
Top Officer Pay79th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
Ole EspelandPresident-$0--
Marty KutschbachVice President-$0--
Matt MaloleyTrustee-$0--
Joan MolineTrustee-$0--
Keven SolvikTrustee-$0--
Tim UngerTrustee-$0--
Larry WatsonTrustee-$0--
Filing and Contact Details

Filer

Filer Name
Y-Squalicum Water Association Inc
EIN
23-7111754
Address
PO Box 30966, Bellingham, WA 98228

Signing Officer

Name
Ole Espeland
Title
President
Signed
2026-02-02
Discuss with paid preparer
Yes

Preparer

Firm
Cook CPAs and Consultants PLLC
Address
417 West Gates Street Ste 2, Mount Vernon, WA 98274
Preparer
Tony Cook CPA MS-Tax
Phone
3602152496
Supplemental Narrative

Additional Explanations

Other Expenses.1012

“Insurance $2615”

Other Expenses.2

“Equipment $518”

Other Expenses.3

“Supplies/Office $307”

Other Assets.1005

“Accounts Receivable - Beginning $1060 Accounts Receivable - Ending $4887”

Other Assets.1

“Shares Held - Beginning $9375 Shares Held - Ending $9375”

Raw XML Appendix128 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/PersonNm0Nikki Turner
IRS990EZ/BooksInCareOfDetail/PhoneNum03607565020
IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt0913 Squalicum Way Suite 212
IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0Bellingham
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0WA
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd098225
IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt0305405
IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt0373618
IRS990EZ/ChgMadeToOrgnzngDocNotRptInd0false
IRS990EZ/CostOfGoodsSoldAmt00
IRS990EZ/CostOrOtherBasisExpenseSaleAmt00
IRS990EZ/DonorAdvisedFndsInd0false
IRS990EZ/ExcessOrDeficitForYearAmt072040
IRS990EZ/FeesAndOtherPymtToIndCntrctAmt019188
IRS990EZ/ForeignFinancialAccountInd0false
IRS990EZ/ForeignOfficeInd0false
IRS990EZ/Form1120PolFiledInd0false
IRS990EZ/Form990TotalAssetsGrp/BOYAmt0315840
IRS990EZ/Form990TotalAssetsGrp/EOYAmt0387880
IRS990EZ/FundraisingGrossIncomeAmt00
IRS990EZ/GrossReceiptsAmt0113703
IRS990EZ/InfoInScheduleOPartIIInd0X
IRS990EZ/InfoInScheduleOPartIInd0X
IRS990EZ/InitialReturnInd0X
IRS990EZ/InvestmentIncomeAmt05191
IRS990EZ/MadeLoansToFromOfficersInd0false
IRS990EZ/MethodOfAccountingCashInd0X
IRS990EZ/NetAssetsOrFundBalancesBOYAmt0315840
IRS990EZ/NetAssetsOrFundBalancesEOYAmt0387880
IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt0315840
IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt0387880
IRS990EZ/OccupancyRentUtltsAndMaintAmt015838
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt02.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt11.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt21.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt32.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt41.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt51.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt61.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt30
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt40
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt50
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt60
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0Ole Espeland
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm1Marty Kutschbach
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm2Matt Maloley
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm3Joan Moline
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm4Keven Solvik
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm5Tim Unger
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm6Larry Watson
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0President
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1Vice President
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2Trustee
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt3Trustee
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt4Trustee
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt5Trustee
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt6Trustee
IRS990EZ/OperateHospitalInd0false
IRS990EZ/Organization501cInd0X
IRS990EZ/OrganizationDissolvedEtcInd0false
IRS990EZ/OrganizationHadUBIInd0false
IRS990EZ/OtherAssetsTotalDetail/BOYAmt010435
IRS990EZ/OtherAssetsTotalDetail/EOYAmt014262
IRS990EZ/OtherExpensesTotalAmt03440
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt0NONE
IRS990EZ/PartVIOfCompOfHghstPdEmplTxt0NONE
IRS990EZ/PoliticalCampaignActyInd0false
IRS990EZ/PrimaryExemptPurposeTxt0The organization provides water to those electing to receive it in the association's declared service area.
IRS990EZ/PrintingPublicationsPostageAmt03197
IRS990EZ/ProgramServiceRevenueAmt0108512
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0Pump water from a single well to a holding tank to dispense water through water lines installed by the association.
IRS990EZ/ProhibitedTaxShelterTransInd0false
IRS990EZ/RelatedOrganizationCtrlEntInd0false
IRS990EZ/ScheduleBNotRequiredInd0X
IRS990EZ/SpecialEventsDirectExpensesAmt00
IRS990EZ/SubjectToProxyTaxInd0false
IRS990EZ/TanningServicesProvidedInd0false
IRS990EZ/TaxImposedOnOrganizationMgrAmt00
IRS990EZ/TaxImposedUnderIRC4911Amt00
IRS990EZ/TaxImposedUnderIRC4912Amt00
IRS990EZ/TaxImposedUnderIRC4955Amt00
IRS990EZ/TaxReimbursedByOrganizationAmt00
IRS990EZ/TotalExpensesAmt041663
IRS990EZ/TotalRevenueAmt0113703
IRS990EZ/TransactionWithControlEntInd0false
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990EZ/WebsiteAddressTxt0N/A
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0Insurance $2615
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1Equipment $518
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2Supplies/Office $307
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3Accounts Receivable - Beginning $1060 Accounts Receivable - Ending $4887
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4Shares Held - Beginning $9375 Shares Held - Ending $9375
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Other Expenses.1012
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Other Expenses.2
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Other Expenses.3
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Other Assets.1005
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Other Assets.1
ReturnHeader/BuildTS02025-03-06 01:10:19Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0Ole Espeland
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0President
ReturnHeader/BusinessOfficerGrp/SignatureDt02026-02-02
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0Y-Squalicum Water Association Inc
ReturnHeader/Filer/BusinessNameControlTxt0Y-SQ
ReturnHeader/Filer/EIN0237111754
ReturnHeader/Filer/USAddress/AddressLine1Txt0PO Box 30966
ReturnHeader/Filer/USAddress/CityNm0Bellingham
ReturnHeader/Filer/USAddress/StateAbbreviationCd0WA
ReturnHeader/Filer/USAddress/ZIPCd098228
ReturnHeader/IRSResponsiblePrtyInfoCurrInd0true
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0920947280
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0Cook CPAs and Consultants PLLC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0417 West Gates Street Ste 2
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0Mount Vernon
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0WA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd098274
ReturnHeader/PreparerPersonGrp/PhoneNum03602152496
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0Tony Cook CPA MS-Tax
ReturnHeader/PreparerPersonGrp/SelfEmployedInd0X
ReturnHeader/ReturnTs02026-02-02T17:07:14-08:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02024-04-01
ReturnHeader/TaxPeriodEndDt02025-03-31
ReturnHeader/TaxYr02024

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