Civic Intelligence

Brown County Rural Water Association Inc

990 • Fiscal year 2015 • EIN 23-7203919

Jan 01, 2015 to Dec 31, 2015 • Filed on Aug 01, 2016

3818 US 52Ripley, OH 45167

(937) 375-4106

Siviq Scores

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

Liabilities / Assets

75th percentile

0.55x

Higher debt load relative to assets than 75% of similar nonprofits.

2015 filings • 501(c)12 • $10M-$25M nonprofits • Source year 2015

Liabilities / Revenue

74th percentile

2.65x

Higher debt load relative to revenue than 74% of similar nonprofits.

2015 filings • 501(c)12 • $10M-$25M nonprofits • Source year 2015

Net Margin

36th percentile

1.6%

Higher net margin than 36% of similar nonprofits.

2015 filings • 501(c)12 • $10M-$25M nonprofits • Source year 2015

Top Officer Pay

38th percentile

$35,650

Higher top officer pay than 38% of similar nonprofits.

Top officer pay equals 0.8% of source-year revenue.

2015 filings • 501(c)12 • $10M-$25M nonprofits • Source year 2015

Asset Growth

70th percentile

4.6%

Faster asset growth than 70% of similar nonprofits.

2015 filings • 501(c)12 • $10M-$25M nonprofits • Annualized from 2014 to 2015

Revenue Growth

57th percentile

2.6%

Faster revenue growth than 57% of similar nonprofits.

2015 filings • 501(c)12 • $10M-$25M nonprofits • Annualized from 2014 to 2015

Assets

Up

$22,326,520

Up $977,112 (+4.6%) from 2014

Net Assets

Up

$10,077,075

Up $71,852 (+0.7%) from 2014

Liabilities

Up

$12,249,445

Up $905,260 (+8.0%) from 2014

Revenue

Up

$4,615,841

Up $116,912 (+2.6%) from 2014

Expenses

Down

$4,543,989

Down $5,931 (-0.1%) from 2014

Net Income

Up

$71,852

Up $122,843 (+241%) from 2014

Historical Trend

Balance Sheet Trend

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

$30M$20M$10M$0Assets 2010: $23,161,814Liabilities 2010: $13,606,108Net Assets 2010: $9,555,7062010Assets 2011: $22,953,630Liabilities 2011: $13,107,450Net Assets 2011: $9,846,1802011Assets 2012: $22,399,915Liabilities 2012: $12,605,632Net Assets 2012: $9,794,2832012Assets 2013: $22,155,744Liabilities 2013: $12,099,530Net Assets 2013: $10,056,2142013Assets 2014: $21,349,408Liabilities 2014: $11,344,185Net Assets 2014: $10,005,2232014Assets 2015: $22,326,520Liabilities 2015: $12,249,445Net Assets 2015: $10,077,0752015Assets 2016: $25,074,134Liabilities 2016: $14,648,841Net Assets 2016: $10,425,2932016Assets 2017: $24,681,837Liabilities 2017: $14,000,799Net Assets 2017: $10,681,0382017Assets 2018: $24,083,216Liabilities 2018: $13,366,600Net Assets 2018: $10,716,6162018Assets 2019: $23,574,147Liabilities 2019: $12,781,820Net Assets 2019: $10,792,3272019Assets 2020: $23,370,969Liabilities 2020: $12,523,864Net Assets 2020: $10,847,1052020Assets 2021: $23,379,885Liabilities 2021: $11,497,446Net Assets 2021: $11,882,4392021Assets 2022: $23,161,210Liabilities 2022: $10,976,532Net Assets 2022: $12,184,6782022Assets 2023: $26,128,589Liabilities 2023: $12,528,140Net Assets 2023: $13,600,4492023Assets 2024: $28,413,641Liabilities 2024: $14,063,992Net Assets 2024: $14,349,6492024

Highlighted filing

2015

Assets$22,326,520
Liabilities$12,249,445
Net Assets$10,077,075

Operations Trend

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

$8.0M$6.0M$4.0M$2.0M$0-$2.0MExpenses 2010: $4,389,4382010Expenses 2011: $4,209,1312011Expenses 2012: $4,323,7842012Revenue 2013: $4,528,821Expenses 2013: $4,268,251Net Income 2013: $260,5702013Revenue 2014: $4,498,929Expenses 2014: $4,549,920Net Income 2014: -$50,9912014Revenue 2015: $4,615,841Expenses 2015: $4,543,989Net Income 2015: $71,8522015Revenue 2016: $4,827,023Expenses 2016: $4,545,510Net Income 2016: $281,5132016Revenue 2017: $5,132,783Expenses 2017: $4,877,038Net Income 2017: $255,7452017Revenue 2018: $5,011,116Expenses 2018: $4,975,538Net Income 2018: $35,5782018Revenue 2019: $5,097,322Expenses 2019: $5,021,611Net Income 2019: $75,7112019Revenue 2020: $5,179,843Expenses 2020: $5,125,065Net Income 2020: $54,7782020Revenue 2021: $5,910,422Expenses 2021: $4,875,088Net Income 2021: $1,035,3342021Revenue 2022: $5,697,317Expenses 2022: $5,395,078Net Income 2022: $302,2392022Revenue 2023: $6,707,796Expenses 2023: $5,292,025Net Income 2023: $1,415,7712023Revenue 2024: $7,121,162Expenses 2024: $6,371,962Net Income 2024: $749,2002024

Highlighted filing

2015

Revenue$4,615,841
Expenses$4,543,989
Net Income$71,852
Jump To
Filing Snapshot
Filing Period
Jan 1, 2015 to Dec 31, 2015
Signed
Aug 1, 2016
Return Version
2015v2.1
Gross Receipts
$4,615,841
Mission and Program Overview

Mission

To provide water to customers in rural areas

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$18,614,263$18,832,095▲ $217,832
Cash and Non-Interest-Bearing Accounts$812,742$1,387,352▲ $574,610
Accounts Receivable$804,762$678,065▼ $126,697
Savings and Temporary Cash Investments-$480,939-
Inventories for Sale or Use$150,957$174,154▲ $23,197
Prepaid Expenses and Deferred Charges$12,383$12,317▼ $66
Total Assets$21,349,408$22,326,520▲ $977,112
Other Assets Total$954,301$761,598▼ $192,703
Liabilities
Mortgage Notes Payable Secured by Investment Property$10,237,687$11,250,376▲ $1,012,689
Deferred Revenue$766,362$769,431▲ $3,069
Other Liabilities$210,642$117,394▼ $93,248
Accounts Payable and Accrued Expenses$129,494$112,244▼ $17,250
Total Liabilities$11,344,185$12,249,445▲ $905,260
Net Assets / Fund Balance
Unrestricted Net Assets$10,005,223$10,077,075▲ $71,852
Total Net Assets Fund Balance$10,005,223$10,077,075▲ $71,852
Total Liabilities and Net Assets / Fund Balance$21,349,408$22,326,520▲ $977,112

Asset Categories

AssetBook ValueDepreciationBasis
Other Land Buildings$18,832,095$19,845,167-
Other Assets Org$250,000--
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Lowell F AllenBoard MemberPT$35,650$35,650
Ken MorrisonBoard MemberPT$18,700$18,700
William BickBoard MemberPT$11,950$11,950
James L BridgesBoard MemberPT$6,100$6,100
Bonnie KressBoard MemberPT$5,700$5,700
Frank FussneckerBoard MemberPT$5,350$5,350
Stephen RockeyBoard MemberPT$5,350$5,350
Tim WoodBoard MemberPT$5,350$5,350
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$4,481,127
Investment Income
$5,345
Other Revenue
$129,369
Change in Net Assets
$71,852

Audited Revenue Reconciliation

Revenue per Audited Statements
$4,615,841
Total Revenue per Audited Statements
$4,615,841
Total Revenue per Form 990
$4,615,841
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$2,726,800
Salaries, Compensation, and Employee Benefits$1,817,189
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$1,251,111--$1,251,111
Depreciation Depletion$1,035,471--$1,035,471
Interest$480,594--$480,594
Other Employee Benefits$379,858--$379,858
Occupancy$314,081--$314,081
Current Officers, Directors, Trustees, and Key Employees$116,757--$116,757
Office Expenses$110,877--$110,877
All Other Expenses$71,652--$71,652
Payroll Taxes$69,463--$69,463
Insurance$23,053--$23,053
Fees for Services Management$22,700--$22,700
Other Expenses$18,738--$18,738
Advertising$1,414--$1,414
Total Functional Expenses$4,543,989$0$0$4,543,989

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$4,543,989
Total Expenses per Audited Statements$4,543,989
Total Expenses per Form 990$4,543,989
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
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Deposits for Service$49,376
Accrued Expense$47,751
Accrued Interest$20,267
Governance and Compliance

Governance Checklist

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

Governance Explanations

Form 990 governing body review Part VI line 11

The Board of Trustees receives a copy of the 990 upon completion of the annual audit.

Conflict of interest policy compliance Part VI line 12C

Any conflicts of interest is to be reported to the board.

CEO executive director top management comp Part VI line 15A

Board of Trustees approves compensation.

Other officer or key employee compensation Part VI line 15B

Board of Trustees approves key employee compensation.

Governing documents etc available to public Part VI line 19

Public governing documents are made available upon request. Governing documents are available upon request.

Filing and Contact Details

Filer

Filer Name
Brown County Rural Water Assn Inc
EIN
23-7203919
Address
3818 US 52, Ripley, OH 45167

Signing Officer

Name
Lowell F Allen
Title
President
Signed
2016-08-01
Discuss with paid preparer
No

Organization Details

Formed
1972
Legal Domicile
Oh
Voting Board Members
8
Independent Board Members
8
Employees
24

Preparer

Firm
Rd Conley and Company
Address
PO BOX 990, Ashland, KY 41101
Preparer
Sarah Stephens
Phone
6069234579
Supplemental Narrative

Additional Explanations

Explanation of other changes in net assets or fund balances Part XI line 9

Prior period adjustment

Raw XML Appendix390 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/ProgramServiceRevenueGrp/TotalRevenueColumnAmt1396869
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYBenefitsPaidToMembersAmt0148085
IRS990/PYInvestmentIncomeAmt038996
IRS990/PYOtherExpensesAmt02706990
IRS990/PYOtherRevenueAmt097306
IRS990/PYProgramServiceRevenueAmt04362627
IRS990/PYRevenuesLessExpensesAmt0-50991
IRS990/PYSalariesCompEmpBnftPaidAmt01694845
IRS990/PYTotalExpensesAmt04549920
IRS990/PYTotalRevenueAmt04498929
IRS990/QuidProQuoContributionsInd0false
IRS990/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990/ReconcilationRevenueExpnssAmt071852
IRS990/RegularMonitoringEnfrcInd0true
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0true
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RevenueAmt04581098
IRS990/SavingsAndTempCashInvstGrp/EOYAmt0480939
IRS990/ScheduleBRequiredInd0false
IRS990ScheduleD/ExpensesSubtotalAmt04543989
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt026298
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt12064
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt2431460
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt343677
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt48099
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt5250000
IRS990ScheduleD/OtherAssetsOrgGrp/Desc0OTHER
IRS990ScheduleD/OtherAssetsOrgGrp/Desc1INTEREST
IRS990ScheduleD/OtherAssetsOrgGrp/Desc2RESTRICTED INVESTMENTS
IRS990ScheduleD/OtherAssetsOrgGrp/Desc3DEFERRED LOAN COST
IRS990ScheduleD/OtherAssetsOrgGrp/Desc4PATRONAGE EQUITY IN COBANK
IRS990ScheduleD/OtherAssetsOrgGrp/Desc5OTHER INVESTMENT
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt018832095
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt019845167
IRS990ScheduleD/OtherLandBuildingsGrp/InvestmentCostOrOtherBasisAmt038677262
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt020267
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt147751
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt249376
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0ACCRUED INTEREST
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc1ACCRUED EXPENSE
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc2DEPOSITS FOR SERVICE
IRS990ScheduleD/RevenueSubtotalAmt04615841
IRS990ScheduleD/TotalBookValueLandBuildingsAmt018832095
IRS990ScheduleD/TotalBookValueOtherAssetsAmt0761598
IRS990ScheduleD/TotalExpensesPerForm990Amt04543989
IRS990ScheduleD/TotalLiabilityAmt0117394
IRS990ScheduleD/TotalRevenuePerForm990Amt04615841
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt04615841
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt04543989
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0The Board of Trustees receives a copy of the 990 upon completion of the annual audit.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1Any conflicts of interest is to be reported to the board.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2Board of Trustees approves compensation.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3Board of Trustees approves key employee compensation.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4Public governing documents are made available upon request. Governing documents are available upon request.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5Prior period adjustment
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990 governing body review Part VI line 11
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Conflict of interest policy compliance Part VI line 12c
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2CEO executive director top management comp Part VI line 15a
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Other officer or key employee compensation Part VI line 15b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Governing documents etc available to public Part VI line 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5Explanation of other changes in net assets or fund balances Part XI line 9
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/SubjectToProxyTaxInd0false
IRS990/TaxableDistributionsInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TempOrPermanentEndowmentsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt021349408
IRS990/TotalAssetsEOYAmt022326520
IRS990/TotalAssetsGrp/BOYAmt021349408
IRS990/TotalAssetsGrp/EOYAmt022326520
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalEmployeeCnt024
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt00
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt04543989
IRS990/TotalFunctionalExpensesGrp/TotalAmt04543989
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt011344185
IRS990/TotalLiabilitiesEOYAmt012249445
IRS990/TotalLiabilitiesGrp/BOYAmt011344185
IRS990/TotalLiabilitiesGrp/EOYAmt012249445
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt010005223
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt010077075
IRS990/TotalOtherCompensationAmt00
IRS990/TotalProgramServiceExpensesAmt04543989
IRS990/TotalProgramServiceRevenueAmt04481127
IRS990/TotalReportableCompFromOrgAmt094150
IRS990/TotalRevenueGrp/ExclusionAmt00
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt04615841
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt04615841
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt021349408
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt022326520
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TransactionWithControlEntInd0false
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/UnrestrictedNetAssetsGrp/BOYAmt010005223
IRS990/UnrestrictedNetAssetsGrp/EOYAmt010077075
IRS990/UponRequestInd0X
IRS990/VotingMembersGoverningBodyCnt08
IRS990/VotingMembersIndependentCnt08
IRS990/WebsiteAddressTxt0www.bcrwa.com
IRS990/WhistleblowerPolicyInd0true
ReturnHeader/BuildTS02016-09-27 15:27:22Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0false
ReturnHeader/BusinessOfficerGrp/PersonNm0LOWELL F ALLEN
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0President
ReturnHeader/BusinessOfficerGrp/SignatureDt02016-08-01
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0BROWN COUNTY RURAL WATER ASSN INC
ReturnHeader/Filer/BusinessNameControlTxt0BROW
ReturnHeader/Filer/EIN0237203919
ReturnHeader/Filer/USAddress/AddressLine1Txt03818 US 52
ReturnHeader/Filer/USAddress/CityNm0Ripley
ReturnHeader/Filer/USAddress/StateAbbreviationCd0OH
ReturnHeader/Filer/USAddress/ZIPCd045167
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0RD CONLEY AND COMPANY
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0PO BOX 990
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0Ashland
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0KY
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd041101
ReturnHeader/PreparerPersonGrp/PhoneNum06069234579
ReturnHeader/PreparerPersonGrp/PreparationDt02016-08-15
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0SARAH STEPHENS
ReturnHeader/PreparerPersonGrp/SelfEmployedInd0X
ReturnHeader/ReturnTs02016-08-15T00:53:52-04:00
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
2024Detailed filing. Detailed filing data is available for this year.$28.4$14.1$14.3$7.12$6.37$0.75
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$26.1$12.5$13.6$6.71$5.29$1.42
2022Detailed filing. Detailed filing data is available for this year.$23.2$11.0$12.2$5.70$5.40$0.30
2021Detailed filing. Detailed filing data is available for this year.$23.4$11.5$11.9$5.91$4.88$1.04
2020Detailed filing. Detailed filing data is available for this year.$23.4$12.5$10.8$5.18$5.13$0.05
2019Detailed filing. Detailed filing data is available for this year.$23.6$12.8$10.8$5.10$5.02$0.08
2018Detailed filing. Detailed filing data is available for this year.$24.1$13.4$10.7$5.01$4.98$0.04
2017Detailed filing. Detailed filing data is available for this year.$24.7$14.0$10.7$5.13$4.88$0.26
2016Detailed filing. Detailed filing data is available for this year.$25.1$14.6$10.4$4.83$4.55$0.28
2015Detailed filing. Detailed filing data is available for this year.$22.3$12.2$10.1$4.62$4.54$0.07
2014Detailed filing. Detailed filing data is available for this year.$21.3$11.3$10.0$4.50$4.55$0.05
2013Detailed filing. Detailed filing data is available for this year.$22.2$12.1$10.1$4.53$4.27$0.26
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$22.4$12.6$9.79$4.32
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$23.0$13.1$9.85$4.21
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$23.2$13.6$9.56$4.39