Civic Intelligence

Loop Water Supply Corporation

EIN 23-7126094 • 501(c)12 • Loop, TX

Profile

Providing water service to members

Drawer NLoop, TX 79342

n/A

Siviq Scores

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

Liabilities / Assets

41st percentile

0.00x

Higher debt load relative to assets than 41% of similar nonprofits.

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

Liabilities / Revenue

47th percentile

0.01x

Higher debt load relative to revenue than 47% of similar nonprofits.

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

Net Margin

33rd percentile

-6.8%

Higher net margin than 33% 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

43rd percentile

-1.9%

Faster asset growth than 43% of similar nonprofits.

501(c)12 • <$500k nonprofits • Annualized from 2022 to 2024

Revenue Growth

30th percentile

-3.7%

Faster revenue growth than 30% of similar nonprofits.

501(c)12 • <$500k nonprofits • Annualized from 2022 to 2024

Balance Sheet
Liabilities / Assets41st percentile

Assets

Down

$417,063

Down $16,362 (-3.8%) from 2022

Liabilities

Up

$683

Up $43 (+6.7%) from 2022

Net Assets

Down

$416,380

Down $16,405 (-3.8%) from 2022

Operations
Liabilities / Revenue47th percentileNet Margin33rd percentile

Revenue

Down

$87,205

Down $6,800 (-7.2%) from 2022

Expenses

Down

$93,124

Down $14,621 (-14%) from 2022

Net Income

Up

-$5,919

Up $7,821 (+57%) from 2022

Trend Graphs

Balance Sheet Trend

Asset Growth43rd percentile

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

$600K$400K$200K$0Assets 2013: $98,494Liabilities 2013: $533Net Assets 2013: $97,9612013Assets 2014: $94,436Liabilities 2014: $470Net Assets 2014: $93,9662014Assets 2015: $90,226Liabilities 2015: $532Net Assets 2015: $89,6942015Assets 2016: $88,539Liabilities 2016: $471Net Assets 2016: $88,0682016Assets 2017: $105,304Liabilities 2017: $792Net Assets 2017: $104,5122017Assets 2018: $201,038Liabilities 2018: $532Net Assets 2018: $200,5062018Assets 2020: $347,941Liabilities 2020: $157Net Assets 2020: $347,7842020Assets 2022: $433,425Liabilities 2022: $640Net Assets 2022: $432,7852022Assets 2024: $417,063Liabilities 2024: $683Net Assets 2024: $416,3802024

Highlighted filing

2024

Assets$417,063
Liabilities$683
Net Assets$416,380
Open 2024 Filing

Operations Trend

Revenue Growth30th percentile

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

$200K$150K$100K$50K$0-$50KRevenue 2013: $60,946Expenses 2013: $52,801Net Income 2013: $8,1452013Revenue 2014: $55,617Expenses 2014: $59,612Net Income 2014: -$3,9952014Revenue 2015: $46,791Expenses 2015: $51,063Net Income 2015: -$4,2722015Revenue 2016: $48,689Expenses 2016: $50,315Net Income 2016: -$1,6262016Revenue 2017: $64,057Expenses 2017: $47,613Net Income 2017: $16,4442017Revenue 2018: $177,281Expenses 2018: $81,287Net Income 2018: $95,9942018Revenue 2020: $179,374Expenses 2020: $103,676Net Income 2020: $75,6982020Revenue 2022: $94,005Expenses 2022: $107,745Net Income 2022: -$13,7402022Revenue 2024: $87,205Expenses 2024: $93,124Net Income 2024: -$5,9192024

Highlighted filing

2024

Revenue$87,205
Expenses$93,124
Net Income-$5,919
Open 2024 Filing

Filings

Most recent year

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

Open filing
Assets
$417,063
Liabilities
$683
Net assets
$416,380
Revenue
$87,205
Expenses
$93,124
Net income
-$5,919
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$4.17$0.01$4.16$0.87$0.93$0.06
2022Detailed filing. Detailed filing data is available for this year.$4.33$0.01$4.33$0.94$1.08$0.14
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$3.48$0.00$3.48$1.79$1.04$0.76
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2.01$0.01$2.01$1.77$0.81$0.96
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.05$0.01$1.05$0.64$0.48$0.16
2016XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.89$0.00$0.88$0.49$0.50$0.02
2015XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.90$0.01$0.90$0.47$0.51$0.04
2014Detailed filing. Detailed filing data is available for this year.$0.94$0.00$0.94$0.56$0.60$0.04
2013Detailed filing. Detailed filing data is available for this year.$0.98$0.01$0.98$0.61$0.53$0.08
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
Aug 15, 2025
Return Version
2024v5.2
Gross Receipts
$87,205
Mission and Program Overview

Mission

Providing water service to members

Program Services

DescriptionGrantsExpenses
WATER TRANSMISSION WAS PROVIDED TO MEMBERS-$93,124
Compensation and Service Providers
Top Officer Pay79th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
MARCUS CROWPresident-$0--
RANDY REIDSecretary-Treas-$0--
HEATH BLACKMONVice President-$0--
Filing and Contact Details

Filer

Filer Name
Loop Water Supply Corporation
EIN
23-7126094
Address
DRAWER N, LOOP, TX 79342

Signing Officer

Name
Marcus Crow
Title
President
Signed
2025-08-15
Discuss with paid preparer
Yes

Preparer

Firm
Donna Sellers CPA
Address
420 West Main, Brownfield, TX 79316
Preparer
Donna Sellers
Phone
8066378556
Supplemental Narrative

Additional Explanations

Other Expenses.1002

“Office Expenses $1020”

Other Expenses.1009

“Depreciation $18928”

Other Expenses.1012

“Insurance $9076”

Other Expenses.1

“Maintenance & supplies $17054”

Other Expenses.2

“UTILITIES $8884”

Other Expenses.3

“WATER SAMPLES $6055”

Other Expenses.4

“DUES/FEES/SUBS $4894”

Other Expenses.5

“CAR EXPENSE $2703”

Other Expenses.6

“TELEPHONE $495”

Other Expenses.7

“PROPERTY TAXES $358”

Other Expenses.8

“MIKSCELLANEOUS $240”

Other Assets.1

“ACCOUNTS RECEIVABLE - Beginning $8846 ACCOUNTS RECEIVABLE - Ending $8708”

Other Assets.2

“NET ASSETS - Beginning $248659 NET ASSETS - Ending $229731”

Total Liabilities.1

“EMPLOYEE TAXES - Beginning $563 EMPLOYEE TAXES - Ending $683”

Raw XML Appendix135 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/PersonNm0DEANN BRATCHER
IRS990EZ/BooksInCareOfDetail/PhoneNum08064876449
IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt0P O BOX 325
IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0LOOP
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0TX
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd079342
IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt0140197
IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt0150739
IRS990EZ/ChgMadeToOrgnzngDocNotRptInd0false
IRS990EZ/CostOfGoodsSoldAmt00
IRS990EZ/CostOrOtherBasisExpenseSaleAmt00
IRS990EZ/DonorAdvisedFndsInd0false
IRS990EZ/ExcessOrDeficitForYearAmt0-5919
IRS990EZ/FeesAndOtherPymtToIndCntrctAmt0350
IRS990EZ/ForeignFinancialAccountInd0false
IRS990EZ/ForeignOfficeInd0false
IRS990EZ/Form1120PolFiledInd0false
IRS990EZ/Form990TotalAssetsGrp/BOYAmt0425587
IRS990EZ/Form990TotalAssetsGrp/EOYAmt0417063
IRS990EZ/FundraisingGrossIncomeAmt00
IRS990EZ/GrossReceiptsAmt087205
IRS990EZ/InfoInScheduleOPartIIInd0X
IRS990EZ/InfoInScheduleOPartIInd0X
IRS990EZ/InvestmentIncomeAmt01079
IRS990EZ/LandAndBuildingsGrp/BOYAmt027885
IRS990EZ/LandAndBuildingsGrp/EOYAmt027885
IRS990EZ/MadeLoansToFromOfficersInd0false
IRS990EZ/MethodOfAccountingAccrualInd0X
IRS990EZ/NetAssetsOrFundBalancesBOYAmt0425024
IRS990EZ/NetAssetsOrFundBalancesEOYAmt0416380
IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt0425024
IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt0416380
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0MARCUS CROW
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm1RANDY REID
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm2HEATH BLACKMON
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0President
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1Secretary-Treas
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2Vice President
IRS990EZ/OperateHospitalInd0false
IRS990EZ/Organization501cInd0X
IRS990EZ/OrganizationDissolvedEtcInd0false
IRS990EZ/OrganizationHadUBIInd0false
IRS990EZ/OtherAssetsTotalDetail/BOYAmt0257505
IRS990EZ/OtherAssetsTotalDetail/EOYAmt0238439
IRS990EZ/OtherChangesInNetAssetsAmt0-2725
IRS990EZ/OtherExpensesTotalAmt069707
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt0NONE
IRS990EZ/PartVIOfCompOfHghstPdEmplTxt0NONE
IRS990EZ/PoliticalCampaignActyInd0false
IRS990EZ/PrimaryExemptPurposeTxt0PROVIDING WATER SERVICE TO MEMBERS
IRS990EZ/ProgramServiceRevenueAmt086126
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0WATER TRANSMISSION WAS PROVIDED TO MEMBERS
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt093124
IRS990EZ/ProhibitedTaxShelterTransInd0false
IRS990EZ/RelatedOrganizationCtrlEntInd0false
IRS990EZ/SalariesOtherCompEmplBnftAmt023067
IRS990EZ/ScheduleBNotRequiredInd0X
IRS990EZ/SpecialEventsDirectExpensesAmt00
IRS990EZ/SubjectToProxyTaxInd0false
IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt0563
IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt0683
IRS990EZ/TanningServicesProvidedInd0false
IRS990EZ/TaxImposedOnOrganizationMgrAmt00
IRS990EZ/TaxImposedUnderIRC4911Amt00
IRS990EZ/TaxImposedUnderIRC4912Amt00
IRS990EZ/TaxImposedUnderIRC4955Amt00
IRS990EZ/TaxReimbursedByOrganizationAmt00
IRS990EZ/TotalExpensesAmt093124
IRS990EZ/TotalProgramServiceExpensesAmt093124
IRS990EZ/TotalRevenueAmt087205
IRS990EZ/TransactionWithControlEntInd0false
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990EZ/WebsiteAddressTxt0N/A
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0Office Expenses $1020
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1Depreciation $18928
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2Insurance $9076
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3MAINTENANCE & SUPPLIES $17054
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4UTILITIES $8884
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5WATER SAMPLES $6055
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6DUES/FEES/SUBS $4894
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt7CAR EXPENSE $2703
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt8TELEPHONE $495
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt9PROPERTY TAXES $358
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt10MIKSCELLANEOUS $240
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt11ACCOUNTS RECEIVABLE - Beginning $8846 ACCOUNTS RECEIVABLE - Ending $8708
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt12NET ASSETS - Beginning $248659 NET ASSETS - Ending $229731
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt13EMPLOYEE TAXES - Beginning $563 EMPLOYEE TAXES - Ending $683
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Other Expenses.1002
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Other Expenses.1009
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Other Expenses.1012
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Other Expenses.1
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Other Expenses.2
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5Other Expenses.3
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6Other Expenses.4
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc7Other Expenses.5
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc8Other Expenses.6
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc9Other Expenses.7
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc10Other Expenses.8
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc11Other Assets.1
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc12Other Assets.2
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc13Total Liabilities.1
ReturnHeader/BuildTS02025-03-06 01:10:19Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0MARCUS CROW
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0President
ReturnHeader/BusinessOfficerGrp/SignatureDt02025-08-15
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0LOOP WATER SUPPLY CORPORATION
ReturnHeader/Filer/BusinessNameControlTxt0LOOP
ReturnHeader/Filer/EIN0237126094
ReturnHeader/Filer/USAddress/AddressLine1Txt0DRAWER N
ReturnHeader/Filer/USAddress/CityNm0LOOP
ReturnHeader/Filer/USAddress/StateAbbreviationCd0TX
ReturnHeader/Filer/USAddress/ZIPCd079342
ReturnHeader/IRSResponsiblePrtyInfoCurrInd0true
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0731706503
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0Donna Sellers CPA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0420 West Main
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0Brownfield
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0TX
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd079316
ReturnHeader/PreparerPersonGrp/PhoneNum08066378556
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0Donna Sellers
ReturnHeader/PreparerPersonGrp/SelfEmployedInd0X
ReturnHeader/ReturnTs02025-08-15T09:23:16-07:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02024-01-01
ReturnHeader/TaxPeriodEndDt02024-12-31
ReturnHeader/TaxYr02024

Document Assets

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