Civic Intelligence

Holtville Water System Inc

990 • Fiscal year 2014 • EIN 23-7356266

Jan 01, 2014 to Dec 31, 2014 • Filed on Jul 06, 2015

10048 Holtville RoadDeatsville, AL 36022

(334) 569-2105

Siviq Scores

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

Liabilities / Assets

78th percentile

0.52x

Higher debt load relative to assets than 78% of similar nonprofits.

2014 filings • 501(c)12 • $1M-$5M nonprofits • Source year 2014

Liabilities / Revenue

50th percentile

1.39x

Higher debt load relative to revenue than 50% of similar nonprofits.

2014 filings • 501(c)12 • $1M-$5M nonprofits • Source year 2014

Net Margin

54th percentile

5.1%

Higher net margin than 54% of similar nonprofits.

2014 filings • 501(c)12 • $1M-$5M nonprofits • Source year 2014

Top Officer Pay

96th percentile

$83,541

Higher top officer pay than 96% of similar nonprofits.

Top officer pay equals 7.6% of source-year revenue.

2014 filings • 501(c)12 • $1M-$5M nonprofits • Source year 2014

Asset Growth

40th percentile

-1.3%

Faster asset growth than 40% of similar nonprofits.

2014 filings • 501(c)12 • $1M-$5M nonprofits • Annualized from 2013 to 2014

Revenue Growth

56th percentile

3.4%

Faster revenue growth than 56% of similar nonprofits.

2014 filings • 501(c)12 • $1M-$5M nonprofits • Annualized from 2013 to 2014

Assets

Down

$2,905,402

Down $37,700 (-1.3%) from 2013

Net Assets

Up

$1,380,293

Up $55,953 (+4.2%) from 2013

Liabilities

Down

$1,525,109

Down $93,653 (-5.8%) from 2013

Revenue

Up

$1,100,393

Up $35,985 (+3.4%) from 2013

Expenses

Up

$1,044,440

Up $7,728 (+0.7%) from 2013

Net Income

Up

$55,953

Up $28,257 (+102%) from 2013

Historical Trend

Balance Sheet Trend

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

$4.0M$3.0M$2.0M$1.0M$0Assets 2010: $3,139,826Liabilities 2010: $1,870,035Net Assets 2010: $1,269,7912010Assets 2011: $3,069,211Liabilities 2011: $1,797,874Net Assets 2011: $1,271,3372011Assets 2012: $3,018,875Liabilities 2012: $1,722,231Net Assets 2012: $1,296,6442012Assets 2013: $2,943,102Liabilities 2013: $1,618,762Net Assets 2013: $1,324,3402013Assets 2014: $2,905,402Liabilities 2014: $1,525,109Net Assets 2014: $1,380,2932014Assets 2015: $2,819,261Liabilities 2015: $1,385,855Net Assets 2015: $1,433,4062015Assets 2016: $2,767,882Liabilities 2016: $1,266,512Net Assets 2016: $1,501,3702016Assets 2017: $2,624,128Liabilities 2017: $1,132,015Net Assets 2017: $1,492,1132017Assets 2018: $2,490,861Liabilities 2018: $984,189Net Assets 2018: $1,506,6722018Assets 2019: $2,374,344Liabilities 2019: $836,739Net Assets 2019: $1,537,6052019Assets 2020: $2,376,507Liabilities 2020: $663,129Net Assets 2020: $1,713,3782020Assets 2021: $2,356,953Liabilities 2021: $491,805Net Assets 2021: $1,865,1482021Assets 2022: $2,224,859Liabilities 2022: $307,553Net Assets 2022: $1,917,3062022Assets 2023: $2,304,784Liabilities 2023: $288,865Net Assets 2023: $2,015,9192023Assets 2024: $2,561,234Liabilities 2024: $470,176Net Assets 2024: $2,091,0582024

Highlighted filing

2014

Assets$2,905,402
Liabilities$1,525,109
Net Assets$1,380,293

Operations Trend

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

$2.0M$1.5M$1.0M$500K$0-$500KExpenses 2010: $1,065,4762010Expenses 2011: $1,080,2762011Expenses 2012: $1,065,0352012Revenue 2013: $1,064,408Expenses 2013: $1,036,712Net Income 2013: $27,6962013Revenue 2014: $1,100,393Expenses 2014: $1,044,440Net Income 2014: $55,9532014Revenue 2015: $1,114,967Expenses 2015: $1,061,854Net Income 2015: $53,1132015Revenue 2016: $1,189,349Expenses 2016: $1,121,385Net Income 2016: $67,9642016Revenue 2017: $1,124,637Expenses 2017: $1,133,894Net Income 2017: -$9,2572017Revenue 2018: $1,160,901Expenses 2018: $1,146,342Net Income 2018: $14,5592018Revenue 2019: $1,208,744Expenses 2019: $1,177,811Net Income 2019: $30,9332019Revenue 2020: $1,382,927Expenses 2020: $1,207,154Net Income 2020: $175,7732020Revenue 2021: $1,453,175Expenses 2021: $1,301,405Net Income 2021: $151,7702021Revenue 2022: $1,462,712Expenses 2022: $1,410,554Net Income 2022: $52,1582022Revenue 2023: $1,512,678Expenses 2023: $1,414,065Net Income 2023: $98,6132023Revenue 2024: $1,709,816Expenses 2024: $1,634,677Net Income 2024: $75,1392024

Highlighted filing

2014

Revenue$1,100,393
Expenses$1,044,440
Net Income$55,953
Jump To
Filing Snapshot
Filing Period
Jan 1, 2014 to Dec 31, 2014
Signed
Jul 6, 2015
Return Version
2014v5.0
Gross Receipts
$1,110,740
Mission and Program Overview

Mission

None

To provide water service to rural customers.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$2,136,537$2,038,146▼ $98,391
Rtn Earn Endowment Incm Other Fnds$849,934$905,887▲ $55,953
Cap Stk Tr Prin Current Funds$474,406$474,406→ $0
Cash and Non-Interest-Bearing Accounts$294,439$358,810▲ $64,371
Savings and Temporary Cash Investments$338,406$340,575▲ $2,169
Accounts Receivable$119,011$113,268▼ $5,743
Inventories for Sale or Use$25,648$25,648→ $0
Prepaid Expenses and Deferred Charges$21,061$20,955▼ $106
Investments Program Related$8,000$8,000→ $0
Pd in Cap Srpls Land Bldg Eqp Fund$0$0→ $0
Total Assets$2,943,102$2,905,402▼ $37,700
Liabilities
Mortgage Notes Payable Secured by Investment Property$1,413,974$1,295,514▼ $118,460
Other Liabilities$173,195$178,550▲ $5,355
Accounts Payable and Accrued Expenses$31,593$51,045▲ $19,452
Total Liabilities$1,618,762$1,525,109▼ $93,653
Net Assets / Fund Balance
Total Net Assets Fund Balance$1,324,340$1,380,293▲ $55,953
Total Liabilities and Net Assets / Fund Balance$2,943,102$2,905,402▼ $37,700

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$1,946,823$2,813,394$4,760,217
Land$71,871-$71,871
Buildings$19,452$36,748$56,200
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Robert CramerGeneral ManagerFT$70,461$13,080$83,541
Jamie CollierOffice ManagerFT$46,238$5,544$51,782

Board Members and Trustees

Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$1,094,288
Investment Income
$-4,917
Other Revenue
$11,022
Change in Net Assets
$55,953

Audited Revenue Reconciliation

Revenue per Audited Statements
$1,100,393
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$0
Total Revenue per Audited Statements
$1,100,393
Total Revenue per Form 990
$1,100,393
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$741,989
Salaries, Compensation, and Employee Benefits$302,451
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Depreciation Depletion---$178,552
Current Officers, Directors, Trustees, and Key Employees---$135,323
Other Salaries and Wages---$129,818
Interest---$82,122
Occupancy---$58,347
Office Expenses---$31,996
Insurance---$22,756
Payroll Taxes---$19,567
Other Employee Benefits---$17,743
Fees for Services Accounting---$16,131
All Other Expenses---$11,550
Other Expenses---$7,048
Fees for Services Other---$1,500
Advertising---$30
Total Functional Expenses$0$0$0$1,044,440

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$1,044,440
Total Expenses per Audited Statements$1,044,440
Total Expenses per Form 990$1,044,440
Expenses Not Reported on Financial Statements$0
Expenses Not Reported on Form 990$0
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
Security Deposits$178,550
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
No
Audit committee
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
Yes
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section A, line 6

Holtville Water System, Inc. is a not-for-profit membership organization whose members have identical voting rights.

Form 990, Part VI, Section A, line 7A

The members of Holtville Water System, Inc. may elect one or more members of its governing body at the annual meeting.

Form 990, Part VI, Section A, line 7B

The members of Holtville Water System, Inc. must approve changes to the governing documents, decisions to dispose or transfer substantial portions of the organization's property, as well as other decisions that are reserved to the members by law and/or the organization's governing doucments.

Form 990, Part VI, Section B, line 11

The Form 990 was reviewed by the General Manager and the Officer Manager before it was presented to the Board of Directors. A copy of the Form 990 was then provided to the Board of Directors at a board meeting prior to filing the form with the Internal Revenue Service. Once the Form 990 was provided to the Board of Directors, the General Manager signed and transmitted the return to the Internal Revenue Service.

Form 990, Part VI, Section B, line 15

The Board of Directors approves all compensation, and the decisions to approve the compensation are reflected in the minutes.

Form 990, Part VI, Section C, line 19

The organization's governing documents, conflict of interest policy, and financial statements are available upon request at Holtville Water System's main office.

Filing and Contact Details

Filer

Filer Name
Holtville Water System Inc
EIN
23-7356266
Phone
3345692105
Address
10048 Holtville Road, Deatsville, AL 36022

Signing Officer

Name
Robert Cramer
Title
General Manager
Phone
3345692105
Signed
2015-07-06
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Robert Cramer
Formed
1970
Legal Domicile
Al
Voting Board Members
5
Independent Board Members
5
Employees
6
Volunteers
0

Preparer

Firm
Jackson Thornton & Co PC
Address
P O Box 96, Montgomery, AL 36101-0096
Preparer
Patrick Cooper
Phone
3348347660
Supplemental Narrative

Additional Explanations

Form 990, Part XII, Line 2C

The filing organization did not change its processes of oversight or selection for the year ended 12/31/2014.

Financial Statement Notes

Part X, Line 2:

The System is exempt from income taxes under Internal Revenue Code Section 501(c)(12). Management has evaluated the System's tax positions and concluded that the System has taken no uncertain tax positions that require adjustment to the financial statements. With few exceptions, the System is no longer subject to income tax examinations by the federal, state, or local tax authorities for years before 2011.

Raw XML Appendix361 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/RtnEarnEndowmentIncmOthFndsGrp/EOYAmt0905887
IRS990/SavingsAndTempCashInvstGrp/BOYAmt0338406
IRS990/SavingsAndTempCashInvstGrp/EOYAmt0340575
IRS990/ScheduleBRequiredInd00
IRS990ScheduleD/BuildingsGrp/BookValueAmt019452
IRS990ScheduleD/BuildingsGrp/DepreciationAmt036748
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt056200
IRS990ScheduleD/EquipmentGrp/BookValueAmt01946823
IRS990ScheduleD/EquipmentGrp/DepreciationAmt02813394
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt04760217
IRS990ScheduleD/ExpensesNotReportedAmt00
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt00
IRS990ScheduleD/ExpensesSubtotalAmt01044440
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/LandGrp/BookValueAmt071871
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt071871
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt0178550
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0Security Deposits
IRS990ScheduleD/RevenueNotReportedAmt00
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt00
IRS990ScheduleD/RevenueSubtotalAmt01100393
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0The System is exempt from income taxes under Internal Revenue Code Section 501(c)(12). Management has evaluated the System's tax positions and concluded that the System has taken no uncertain tax positions that require adjustment to the financial statements. With few exceptions, the System is no longer subject to income tax examinations by the federal, state, or local tax authorities for years before 2011.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0Part X, Line 2:
IRS990ScheduleD/TotalBookValueLandBuildingsAmt02038146
IRS990ScheduleD/TotalExpensesPerForm990Amt01044440
IRS990ScheduleD/TotalLiabilityAmt0178550
IRS990ScheduleD/TotalRevenuePerForm990Amt01100393
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt01100393
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt01044440
IRS990/ScheduleJRequiredInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0Holtville Water System, Inc. is a not-for-profit membership organization whose members have identical voting rights.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1The members of Holtville Water System, Inc. may elect one or more members of its governing body at the annual meeting.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2The members of Holtville Water System, Inc. must approve changes to the governing documents, decisions to dispose or transfer substantial portions of the organization's property, as well as other decisions that are reserved to the members by law and/or the organization's governing doucments.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3The Form 990 was reviewed by the General Manager and the Officer Manager before it was presented to the Board of Directors. A copy of the Form 990 was then provided to the Board of Directors at a board meeting prior to filing the form with the Internal Revenue Service. Once the Form 990 was provided to the Board of Directors, the General Manager signed and transmitted the return to the Internal Revenue Service.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4The Board of Directors approves all compensation, and the decisions to approve the compensation are reflected in the minutes.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5The organization's governing documents, conflict of interest policy, and financial statements are available upon request at Holtville Water System's main office.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6The filing organization did not change its processes of oversight or selection for the year ended 12/31/2014.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990, Part VI, Section A, line 6
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990, Part VI, Section A, line 7a
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Form 990, Part VI, Section A, line 7b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Form 990, Part VI, Section B, line 11
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Form 990, Part VI, Section B, line 15
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5Form 990, Part VI, Section C, line 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6Form 990, Part XII, Line 2C
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/SubjectToProxyTaxInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TempOrPermanentEndowmentsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt02943102
IRS990/TotalAssetsEOYAmt02905402
IRS990/TotalAssetsGrp/BOYAmt02943102
IRS990/TotalAssetsGrp/EOYAmt02905402
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalEmployeeCnt06
IRS990/TotalFunctionalExpensesGrp/TotalAmt01044440
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt01618762
IRS990/TotalLiabilitiesEOYAmt01525109
IRS990/TotalLiabilitiesGrp/BOYAmt01618762
IRS990/TotalLiabilitiesGrp/EOYAmt01525109
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt01324340
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt01380293
IRS990/TotalOtherCompensationAmt018624
IRS990/TotalProgramServiceRevenueAmt01094288
IRS990/TotalReportableCompFromOrgAmt0116699
IRS990/TotalRevenueGrp/ExclusionAmt0-4917
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt01105310
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt01100393
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt00
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt02943102
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt02905402
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd00
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt010048 Holtville Road
IRS990/USAddress/CityNm0Deatsville
IRS990/USAddress/StateAbbreviationCd0AL
IRS990/USAddress/ZIPCd036022
IRS990/VotingMembersGoverningBodyCnt05
IRS990/VotingMembersIndependentCnt05
IRS990/WebsiteAddressTxt0N/A
IRS990/WhistleblowerPolicyInd01
ReturnHeader/BuildTS02016-02-25 16:41:14Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0Robert Cramer
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0General Manager
ReturnHeader/BusinessOfficerGrp/PhoneNum03345692105
ReturnHeader/BusinessOfficerGrp/SignatureDt02015-07-06
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0Holtville Water System Inc
ReturnHeader/Filer/BusinessNameControlTxt0HOLT
ReturnHeader/Filer/EIN0237356266
ReturnHeader/Filer/PhoneNum03345692105
ReturnHeader/Filer/USAddress/AddressLine1Txt010048 Holtville Road
ReturnHeader/Filer/USAddress/CityNm0Deatsville
ReturnHeader/Filer/USAddress/StateAbbreviationCd0AL
ReturnHeader/Filer/USAddress/ZIPCd036022
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0631035228
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0Jackson Thornton & Co PC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0P O Box 96
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0Montgomery
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0AL
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd0361010096
ReturnHeader/PreparerPersonGrp/PhoneNum03348347660
ReturnHeader/PreparerPersonGrp/PreparationDt02015-07-06
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0Patrick Cooper
ReturnHeader/ReturnTs02015-10-15T15:48:40-05:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02014-01-01
ReturnHeader/TaxPeriodEndDt02014-12-31
ReturnHeader/TaxYr02014

Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.56$0.47$2.09$1.71$1.63$0.08
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2.30$0.29$2.02$1.51$1.41$0.10
2022Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.22$0.31$1.92$1.46$1.41$0.05
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2.36$0.49$1.87$1.45$1.30$0.15
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2.38$0.66$1.71$1.38$1.21$0.18
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2.37$0.84$1.54$1.21$1.18$0.03
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2.49$0.98$1.51$1.16$1.15$0.01
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2.62$1.13$1.49$1.12$1.13$0.01
2016XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2.77$1.27$1.50$1.19$1.12$0.07
2015Detailed filing. Detailed filing data is available for this year.$2.82$1.39$1.43$1.11$1.06$0.05
2014Detailed filing. Detailed filing data is available for this year.$2.91$1.53$1.38$1.10$1.04$0.06
2013Detailed filing. Detailed filing data is available for this year.$2.94$1.62$1.32$1.06$1.04$0.03
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$3.02$1.72$1.30$1.07
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$3.07$1.80$1.27$1.08
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$3.14$1.87$1.27$1.07