Civic Intelligence

Green Springs Water Supply Corp

990 • Fiscal year 2013 • EIN 23-7415874

Jan 01, 2013 to Dec 31, 2013 • Filed on Nov 14, 2014

PO Box 12976266

(940) 458-0116

Siviq Scores

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

Liabilities / Assets

43rd percentile

0.07x

Higher debt load relative to assets than 43% of similar nonprofits.

2013 filings • 501(c)12 • $500k-$1M nonprofits • Source year 2013

Liabilities / Revenue

47th percentile

0.30x

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

2013 filings • 501(c)12 • $500k-$1M nonprofits • Source year 2013

Net Margin

59th percentile

8.0%

Higher net margin than 59% of similar nonprofits.

2013 filings • 501(c)12 • $500k-$1M nonprofits • Source year 2013

Top Officer Pay

68th percentile

$0

Higher top officer pay than 68% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

2013 filings • 501(c)12 • $500k-$1M nonprofits • Source year 2013

Asset Growth

54th percentile

0.7%

Faster asset growth than 54% of similar nonprofits.

2013 filings • 501(c)12 • $500k-$1M nonprofits • Annualized from 2012 to 2013

Revenue Growth

Score unavailable

No value available

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

Source year 2013

Assets

Up

$640,206

Up $4,581 (+0.7%) from 2012

Net Assets

Up

$592,453

Up $12,802 (+2.2%) from 2012

Liabilities

Down

$47,753

Down $8,221 (-15%) from 2012

Revenue

$160,688

No earlier filing loaded for comparison.

Expenses

Up

$147,886

Up $12,651 (+9.4%) from 2012

Net Income

$12,802

No earlier filing loaded for comparison.

Historical Trend

Balance Sheet Trend

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

$2.0M$1.5M$1.0M$500K$0Assets 2012: $635,625Liabilities 2012: $55,974Net Assets 2012: $579,6512012Assets 2013: $640,206Liabilities 2013: $47,753Net Assets 2013: $592,4532013Assets 2014: $668,391Liabilities 2014: $41,698Net Assets 2014: $626,6932014Assets 2015: $1,958,383Liabilities 2015: $1,298,724Net Assets 2015: $659,6592015Assets 2016: $1,948,749Liabilities 2016: $1,275,456Net Assets 2016: $673,2932016Assets 2017: $1,678,658Liabilities 2017: $1,020,699Net Assets 2017: $657,9592017Assets 2018: $1,647,239Liabilities 2018: $997,177Net Assets 2018: $650,0622018Assets 2019: $1,583,289Liabilities 2019: $970,999Net Assets 2019: $612,2902019Assets 2020: $1,545,594Liabilities 2020: $943,979Net Assets 2020: $601,6152020Assets 2021: $1,514,281Liabilities 2021: $916,544Net Assets 2021: $597,7372021Assets 2022: $1,511,715Liabilities 2022: $886,505Net Assets 2022: $625,2102022Assets 2023: $1,336,480Liabilities 2023: $855,907Net Assets 2023: $480,5732023Assets 2024: $1,280,781Liabilities 2024: $823,847Net Assets 2024: $456,9342024

Highlighted filing

2013

Assets$640,206
Liabilities$47,753
Net Assets$592,453

Operations Trend

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

$600K$400K$200K$0-$200KExpenses 2012: $135,2352012Revenue 2013: $160,688Expenses 2013: $147,886Net Income 2013: $12,8022013Revenue 2014: $151,001Expenses 2014: $117,011Net Income 2014: $33,9902014Revenue 2015: $165,099Expenses 2015: $132,633Net Income 2015: $32,4662015Revenue 2016: $180,196Expenses 2016: $168,441Net Income 2016: $11,7552016Revenue 2017: $197,739Expenses 2017: $213,823Net Income 2017: -$16,0842017Revenue 2018: $206,176Expenses 2018: $215,073Net Income 2018: -$8,8972018Revenue 2019: $192,786Expenses 2019: $231,058Net Income 2019: -$38,2722019Revenue 2020: $197,389Expenses 2020: $208,564Net Income 2020: -$11,1752020Revenue 2021: $232,388Expenses 2021: $237,766Net Income 2021: -$5,3782021Revenue 2022: $423,467Expenses 2022: $395,994Net Income 2022: $27,4732022Revenue 2023: $220,083Expenses 2023: $265,069Net Income 2023: -$44,9862023Revenue 2024: $252,657Expenses 2024: $276,296Net Income 2024: -$23,6392024

Highlighted filing

2013

Revenue$160,688
Expenses$147,886
Net Income$12,802
Jump To
Filing Snapshot
Filing Period
Jan 1, 2013 to Dec 31, 2013
Signed
Nov 14, 2014
Return Version
2013v3.1
Gross Receipts
$160,688
Mission and Program Overview

Mission

Provide water services to member customers

Balance Sheet Detail
LineBeginningEndChange
Assets
Rtn Earn Endowment Incm Other Fnds$555,751$568,053▲ $12,302
Savings and Temporary Cash Investments$437,512$408,473▼ $29,039
Land, Buildings, and Equipment, Net$178,898$219,148▲ $40,250
Cap Stk Tr Prin Current Funds$23,900$24,400▲ $500
Prepaid Expenses and Deferred Charges$6,667$6,501▼ $166
Accounts Receivable$12,178$5,719▼ $6,459
Cash and Non-Interest-Bearing Accounts$200$195▼ $5
Other Notes and Loans Receivable, Net-$0-
Pledges and Grants Receivable-$0-
Receivable From Disqualified Prsn-$0-
Receivables From Officers Etc-$0-
Investments Other Securities-$0-
Investments Program Related-$0-
Investments in Publicly Traded Securities-$0-
Intangible Assets-$0-
Inventories for Sale or Use-$0-
Total Assets$635,625$640,206▲ $4,581
Other Assets Total$170$170→ $0
Liabilities
Mortgage Notes Payable Secured by Investment Property$51,349$45,165▼ $6,184
Accounts Payable and Accrued Expenses$4,625$2,588▼ $2,037
Total Liabilities$55,974$47,753▼ $8,221
Net Assets / Fund Balance
Total Net Assets Fund Balance$579,651$592,453▲ $12,802
Total Liabilities and Net Assets / Fund Balance$635,625$640,206▲ $4,581

Asset Categories

AssetBook ValueDepreciationBasis
Other Land Buildings$206,199$286,289-
Land$11,750--
Equipment$1,199$10,367-
Compensation and Service Providers

Board Members and Trustees

NameTitle
Mike MaysPresident
Dan RedingMember
Greg RedingSecretary
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$149,182
Investment Income
$1,726
Other Revenue
$9,780
Change in Net Assets
$12,802
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$115,774
Salaries, Compensation, and Employee Benefits$32,112
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages---$26,075
All Other Expenses---$17,954
Depreciation Depletion---$14,748
Insurance---$7,406
Other Expenses---$3,574
Payroll Taxes---$3,037
Other Employee Benefits---$3,000
Interest---$2,426
Fees for Services Accounting---$2,000
Travel---$1,004
Fees for Services Legal---$461
Total Functional Expenses$0$0$0$147,886
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
Lobbying activity
No
Subject to proxy tax
No
Insider Transactions and Loans

Loans and Receivables

Line ItemBeginningEndChange
Receivables from Disqualified Persons-$0-
Receivables from Officers, Directors, Trustees, and Key Employees-$0-
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
Yes
Annual disclosure for covered persons
No
Audit committee
No
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
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, Part VI, Line 2: Description of Business or Family Relationship of Officers, Directors, Et

Dan reding- gregg reding are father and son

Form 990, Part VI, Line 11B: Form 990 Review Process

The return will be reviewed by management prior to filing.

Form 990, Part VI, Line 19: Other Organization Documents Publicly Available

The governing documents, conflict of interest policy and financial statements are available to the public upon request.

Filing and Contact Details

Filer

EIN
23-7415874
Phone
9404580116

Signing Officer

Name
Mike Mays
Title
President
Signed
2014-11-14
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Mike Mays
Formed
1968
Legal Domicile
TX
Voting Board Members
3
Independent Board Members
3
Employees
1

Preparer

Preparer
Carl M Deaton
Phone
9403878563
Supplemental Narrative

Additional Explanations

Form 990, Part IX, Line 24E: Other Expenses

Assessment fees: Column (A) - Total = $3216; Column (B) - Program Services = $0; Column (C) - Management & General = $0; Column (D) - Fundraising = $0

Form 990, Part IX, Line 24E: Other Expenses

Bank Charges: Column (A) - Total = $488; Column (B) - Program Services = $0; Column (C) - Management & General = $0; Column (D) - Fundraising = $0

Form 990, Part IX, Line 24E: Other Expenses

Computer expense: Column (A) - Total = $2373; Column (B) - Program Services = $0; Column (C) - Management & General = $0; Column (D) - Fundraising = $0

Form 990, Part IX, Line 24E: Other Expenses

Dues and subscriptions: Column (A) - Total = $1563; Column (B) - Program Services = $0; Column (C) - Management & General = $0; Column (D) - Fundraising = $0

Form 990, Part IX, Line 24E: Other Expenses

Engineering consultant fees: Column (A) - Total = $1870; Column (B) - Program Services = $0; Column (C) - Management & General = $0; Column (D) - Fundraising = $0

Form 990, Part IX, Line 24E: Other Expenses

Fees and Permits: Column (A) - Total = $2537; Column (B) - Program Services = $0; Column (C) - Management & General = $0; Column (D) - Fundraising = $0

Form 990, Part IX, Line 24E: Other Expenses

Flowers: Column (A) - Total = $101; Column (B) - Program Services = $0; Column (C) - Management & General = $0; Column (D) - Fundraising = $0

Form 990, Part IX, Line 24E: Other Expenses

Inspections: Column (A) - Total = $922; Column (B) - Program Services = $0; Column (C) - Management & General = $0; Column (D) - Fundraising = $0

Form 990, Part IX, Line 24E: Other Expenses

Meeting place rental: Column (A) - Total = $240; Column (B) - Program Services = $0; Column (C) - Management & General = $0; Column (D) - Fundraising = $0

Form 990, Part IX, Line 24E: Other Expenses

Postage and Shipping: Column (A) - Total = $1041; Column (B) - Program Services = $0; Column (C) - Management & General = $0; Column (D) - Fundraising = $0

Form 990, Part IX, Line 24E: Other Expenses

Telephone: Column (A) - Total = $2398; Column (B) - Program Services = $0; Column (C) - Management & General = $0; Column (D) - Fundraising = $0

Form 990, Part IX, Line 24E: Other Expenses

Water analysis fees: Column (A) - Total = $1205; Column (B) - Program Services = $0; Column (C) - Management & General = $0; Column (D) - Fundraising = $0

Raw XML Appendix360 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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IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt0206199
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt0286289
IRS990ScheduleD/OtherLandBuildingsGrp/InvestmentCostOrOtherBasisAmt0492488
IRS990ScheduleD/TotalBookValueLandBuildingsAmt0219148
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0DAN REDING- GREGG REDING ARE FATHER AND SON
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE RETURN WILL BE REVIEWED BY MANAGEMENT PRIOR TO FILING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS ARE AVAILABLE TO THE PUBLIC UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3Assessment fees: Column (A) - Total = $3216; Column (B) - Program Services = $0; Column (C) - Management & General = $0; Column (D) - Fundraising = $0
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4Bank Charges: Column (A) - Total = $488; Column (B) - Program Services = $0; Column (C) - Management & General = $0; Column (D) - Fundraising = $0
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5Computer expense: Column (A) - Total = $2373; Column (B) - Program Services = $0; Column (C) - Management & General = $0; Column (D) - Fundraising = $0
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6Dues and subscriptions: Column (A) - Total = $1563; Column (B) - Program Services = $0; Column (C) - Management & General = $0; Column (D) - Fundraising = $0
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt7Engineering consultant fees: Column (A) - Total = $1870; Column (B) - Program Services = $0; Column (C) - Management & General = $0; Column (D) - Fundraising = $0
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt8Fees and Permits: Column (A) - Total = $2537; Column (B) - Program Services = $0; Column (C) - Management & General = $0; Column (D) - Fundraising = $0
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt9Flowers: Column (A) - Total = $101; Column (B) - Program Services = $0; Column (C) - Management & General = $0; Column (D) - Fundraising = $0
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt10Inspections: Column (A) - Total = $922; Column (B) - Program Services = $0; Column (C) - Management & General = $0; Column (D) - Fundraising = $0
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt11Meeting place rental: Column (A) - Total = $240; Column (B) - Program Services = $0; Column (C) - Management & General = $0; Column (D) - Fundraising = $0
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt12Postage and Shipping: Column (A) - Total = $1041; Column (B) - Program Services = $0; Column (C) - Management & General = $0; Column (D) - Fundraising = $0
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt13Telephone: Column (A) - Total = $2398; Column (B) - Program Services = $0; Column (C) - Management & General = $0; Column (D) - Fundraising = $0
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt14Water analysis fees: Column (A) - Total = $1205; Column (B) - Program Services = $0; Column (C) - Management & General = $0; Column (D) - Fundraising = $0
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990, Part VI, Line 2: Description of Business or Family Relationship of Officers, Directors, Et
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990, Part VI, Line 11b: Form 990 Review Process
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Form 990, Part VI, Line 19: Other Organization Documents Publicly Available
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Form 990, Part IX, Line 24e: Other Expenses
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Form 990, Part IX, Line 24e: Other Expenses
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5Form 990, Part IX, Line 24e: Other Expenses
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6Form 990, Part IX, Line 24e: Other Expenses
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc7Form 990, Part IX, Line 24e: Other Expenses
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc8Form 990, Part IX, Line 24e: Other Expenses
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc9Form 990, Part IX, Line 24e: Other Expenses
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc10Form 990, Part IX, Line 24e: Other Expenses
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc11Form 990, Part IX, Line 24e: Other Expenses
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc12Form 990, Part IX, Line 24e: Other Expenses
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc13Form 990, Part IX, Line 24e: Other Expenses
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc14Form 990, Part IX, Line 24e: Other Expenses
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/SubjectToProxyTaxInd0false
IRS990/TaxableDistributionsInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TempOrPermanentEndowmentsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt0635625
IRS990/TotalAssetsEOYAmt0640206
IRS990/TotalAssetsGrp/BOYAmt0635625
IRS990/TotalAssetsGrp/EOYAmt0640206
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalContributionsAmt00
IRS990/TotalEmployeeCnt01
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt00
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt00
IRS990/TotalFunctionalExpensesGrp/TotalAmt0147886
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt055974
IRS990/TotalLiabilitiesEOYAmt047753
IRS990/TotalLiabilitiesGrp/BOYAmt055974
IRS990/TotalLiabilitiesGrp/EOYAmt047753
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0579651
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0592453
IRS990/TotalProgramServiceExpensesAmt0147886
IRS990/TotalProgramServiceRevenueAmt0149182
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt0160688
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0160688
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt0635625
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt0640206
IRS990/TransactionWithControlEntInd0false
IRS990/TravelGrp/TotalAmt01004
IRS990/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine10P O BOX 129
IRS990/USAddress/City0SANGER
IRS990/USAddress/State0TX
IRS990/USAddress/ZIPCode076266
IRS990/VotingMembersGoverningBodyCnt03
IRS990/VotingMembersIndependentCnt03
IRS990/WebsiteAddressTxt0N/A
IRS990/WhistleblowerPolicyInd0false
ReturnHeader/BuildTS02015-11-30 17:44:51Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0MIKE MAYS
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0President
ReturnHeader/BusinessOfficerGrp/SignatureDt02014-11-14
ReturnHeader/Filer/BusinessName/BusinessNameLine10GREEN SPRINGS WATER SUPPLY CORP
ReturnHeader/Filer/BusinessNameControlTxt0GREE
ReturnHeader/Filer/EIN0237415874
ReturnHeader/Filer/PhoneNum09404580116
ReturnHeader/Filer/USAddress/AddressLine10PO BOX 129
ReturnHeader/Filer/USAddress/City0SANGER
ReturnHeader/Filer/USAddress/State0TX
ReturnHeader/Filer/USAddress/ZIPCode076266
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine10Hankins Eastup Deaton Tonn & Seay PC CPAS
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine10PO BOX 977
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/City0DENTON
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/State0TX
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCode0762020977
ReturnHeader/PreparerPersonGrp/PhoneNum09403878563
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0Carl M Deaton
ReturnHeader/ReturnTs02014-11-14T11:09:59-08:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02013-01-01
ReturnHeader/TaxPeriodEndDt02013-12-31
ReturnHeader/TaxYr02013

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