Civic Intelligence

Forest Beach Inc

EIN 26-4539286 • 501(c)12 • Gig Harbor, WA

Profile

Community owned water company

PO Box 1022Gig Harbor, WA 98335

n/A

Siviq Scores

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

Liabilities / Assets

36th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

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

Liabilities / Revenue

38th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

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

Net Margin

95th percentile

59%

Higher net margin than 95% 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

91st percentile

29%

Faster asset growth than 91% of similar nonprofits.

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

Revenue Growth

86th percentile

28%

Faster revenue growth than 86% of similar nonprofits.

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

Balance Sheet
Liabilities / Assets36th percentile

Assets

Up

$391,544

Up $30,784 (+8.5%) from 2024

Liabilities

Flat

$0

Flat from 2024

Net Assets

Up

$391,544

Up $30,784 (+8.5%) from 2024

Operations
Liabilities / Revenue38th percentileNet Margin95th percentile

Revenue

Up

$99,870

Up $19,176 (+24%) from 2024

Expenses

Up

$69,086

Up $36,340 (+111%) from 2024

Net Income

Down

$30,784

Down $17,164 (-36%) from 2024

Trend Graphs

Balance Sheet Trend

Asset Growth91st percentile

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

$400K$300K$200K$100K$0Assets 2021: $222,253Liabilities 2021: $20,601Net Assets 2021: $201,6522021Assets 2022: $215,930Liabilities 2022: $0Net Assets 2022: $215,9302022Assets 2023: $312,812Liabilities 2023: $0Net Assets 2023: $312,8122023Assets 2024: $360,760Liabilities 2024: $0Net Assets 2024: $360,7602024Assets 2025: $391,544Liabilities 2025: $0Net Assets 2025: $391,5442025

Highlighted filing

2025

Assets$391,544
Liabilities$0
Net Assets$391,544
Open 2025 Filing

Operations Trend

Revenue Growth86th percentile

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

$100K$50K$0Revenue 2021: $85,690Expenses 2021: $47,115Net Income 2021: $38,5752021Revenue 2022: $48,973Expenses 2022: $34,697Net Income 2022: $14,2762022Revenue 2023: $83,376Expenses 2023: $37,894Net Income 2023: $45,4822023Revenue 2024: $80,694Expenses 2024: $32,746Net Income 2024: $47,9482024Revenue 2025: $99,870Expenses 2025: $69,086Net Income 2025: $30,7842025

Highlighted filing

2025

Revenue$99,870
Expenses$69,086
Net Income$30,784
Open 2025 Filing

Filings

Most recent year

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

Open filing
Assets
$391,544
Liabilities
$0
Net assets
$391,544
Revenue
$99,870
Expenses
$69,086
Net income
$30,784
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Detailed filing. Detailed filing data is available for this year.$3.92$0.00$3.92$1.00$0.69$0.31
2024Detailed filing. Detailed filing data is available for this year.$3.61$0.00$3.61$0.81$0.33$0.48
2023Detailed filing. Detailed filing data is available for this year.$3.13$0.00$3.13$0.83$0.38$0.45
2022Detailed filing. Detailed filing data is available for this year.$2.16$0.00$2.16$0.49$0.35$0.14
2021Detailed filing. Detailed filing data is available for this year.$2.22$0.21$2.02$0.86$0.47$0.39
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2025 to Dec 31, 2025
Signed
Mar 24, 2026
Return Version
2025v4.0
Gross Receipts
$99,870
Mission and Program Overview

Mission

Community owned water company

Program Services

DescriptionGrantsExpenses
PROVIDE WATER TO 81 HOUSEHOLDS, USING THE LOCAL MAJOR UTILITY COMPANY TO MANAGE DAILY NEEDS AND MONTHLY MONITORING.$0$0
Compensation and Service Providers
Top Officer Pay79th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
JESS TARTTrustee-$0--
RON MLADENICHTrustee-$0--
BILL PRICETrustee-$0--
DON LLOYDPresident-$0--
DOUG HOOVERVice President-$0--
ERIC GUENTHERSecretary-$0--
TARA CADYTreasurer-$0--
Filing and Contact Details

Filer

Filer Name
Forest Beach Inc
EIN
26-4539286
Phone
2532786684
Address
PO BOX 1022, GIG HARBOR, WA 98335

Signing Officer

Name
Don Lloyd
Title
President
Phone
2532786684
Signed
2026-03-24
Discuss with paid preparer
Yes

Preparer

Firm
Sherlyn Iverson CPA Pllc
Address
PO BOX 605, FOX ISLAND, WA 98333
Preparer
Sherlyn Iverson CPA
Phone
2533532702
Supplemental Narrative

Additional Explanations

Form 990-ez, Part I, Line 4 - Other Investment Income

“Description: interest income. Amount: 9,081.”

Form 990-ez, Part I, Line 16 - Other Expenses

“Description: peninsula light fees. Amount: 37,767. Description: insurance. Amount: 2,873. Description: tax, license and permits. Amount: 4,905. Description: office and meeting. Amount: 360. Description: repairs and maint.. Amount: 16,468. Total to form 990-ez, line 16: 62,373.”

Raw XML Appendix129 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/ActivitiesNotPreviouslyRptInd00
IRS990EZ/BooksInCareOfDetail/BusinessName/BusinessNameLine1Txt0ERIC GUENTHER
IRS990EZ/BooksInCareOfDetail/PhoneNum02532656265
IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt04010 FOREST BEACH DR NW
IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0GIG HARBOR
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0WA
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd098335
IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt0271960
IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt0302744
IRS990EZ/ChgMadeToOrgnzngDocNotRptInd00
IRS990EZ/DirectIndirectPltclExpendAmt00
IRS990EZ/DonorAdvisedFndsInd00
IRS990EZ/ExcessOrDeficitForYearAmt030784
IRS990EZ/FeesAndOtherPymtToIndCntrctAmt06713
IRS990EZ/ForeignFinancialAccountInd00
IRS990EZ/ForeignOfficeInd00
IRS990EZ/Form990TotalAssetsGrp/BOYAmt0360760
IRS990EZ/Form990TotalAssetsGrp/EOYAmt0391544
IRS990EZ/GrossReceiptsAmt099870
IRS990EZ/InfoInScheduleOPartIInd0X
IRS990EZ/InfoInScheduleOPartVInd0X
IRS990EZ/InvestmentIncomeAmt09081
IRS990EZ/LandAndBuildingsGrp/BOYAmt088800
IRS990EZ/LandAndBuildingsGrp/EOYAmt088800
IRS990EZ/MadeLoansToFromOfficersInd00
IRS990EZ/MembershipDuesAmt03000
IRS990EZ/MethodOfAccountingAccrualInd0X
IRS990EZ/NetAssetsOrFundBalancesBOYAmt0360760
IRS990EZ/NetAssetsOrFundBalancesEOYAmt0391544
IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt0360760
IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt0391544
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt01.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt11.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt21.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt31.00
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/EmployeeBenefitProgramAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt30
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt40
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt50
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt60
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt30
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt40
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt50
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt60
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0JESS TART
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm1RON MLADENICH
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm2BILL PRICE
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm3DON LLOYD
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm4DOUG HOOVER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm5ERIC GUENTHER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm6TARA CADY
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0TRUSTEE
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1TRUSTEE
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2TRUSTEE
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt3PRESIDENT
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt4VICE PRESIDENT
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt5SECRETARY
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt6TREASURER
IRS990EZ/OperateHospitalInd00
IRS990EZ/Organization501cInd0X
IRS990EZ/OrganizationDissolvedEtcInd00
IRS990EZ/OrganizationHadUBIInd00
IRS990EZ/OtherChangesInNetAssetsAmt00
IRS990EZ/OtherExpensesTotalAmt062373
IRS990EZ/PoliticalCampaignActyInd00
IRS990EZ/PrimaryExemptPurposeTxt0COMMUNITY OWNED WATER COMPANY
IRS990EZ/ProgramServiceRevenueAmt087789
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0PROVIDE WATER TO 81 HOUSEHOLDS, USING THE LOCAL MAJOR UTILITY COMPANY TO MANAGE DAILY NEEDS AND MONTHLY MONITORING.
IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt00
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt00
IRS990EZ/ProhibitedTaxShelterTransInd00
IRS990EZ/RelatedOrganizationCtrlEntInd00
IRS990EZ/ScheduleBNotRequiredInd0X
IRS990EZ/SubjectToProxyTaxInd00
IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt00
IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt00
IRS990EZ/TanningServicesProvidedInd00
IRS990EZ/TotalExpensesAmt069086
IRS990EZ/TotalRevenueAmt099870
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990EZ/WebsiteAddressTxt0N/A
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0DESCRIPTION: INTEREST INCOME. AMOUNT: 9,081.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1DESCRIPTION: PENINSULA LIGHT FEES. AMOUNT: 37,767. DESCRIPTION: INSURANCE. AMOUNT: 2,873. DESCRIPTION: TAX, LICENSE AND PERMITS. AMOUNT: 4,905. DESCRIPTION: OFFICE AND MEETING. AMOUNT: 360. DESCRIPTION: REPAIRS AND MAINT.. AMOUNT: 16,468. TOTAL TO FORM 990-EZ, LINE 16: 62,373.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990-EZ, PART I, LINE 4 - OTHER INVESTMENT INCOME
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990-EZ, PART I, LINE 16 - OTHER EXPENSES
TransferPrsnlBnftContractsDecl/DeclarationDesc0THE ORGANIZATION DID NOT, DURING THE YEAR, RECEIVE ANY FUNDS, DIRECTLY,OR INDIRECTLY, TO PAY PREMIUMS ON A PERSONAL BENEFIT CONTRACT.THE ORGANIZATION, DID NOT, DURING THE YEAR, PAY ANY PREMIUMS, DIRECTLY,OR INDIRECTLY, ON A PERSONAL BENEFIT CONTRACT.
ReturnHeader/BuildTS02025-03-06 01:10:19Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0DON LLOYD
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT
ReturnHeader/BusinessOfficerGrp/PhoneNum02532786684
ReturnHeader/BusinessOfficerGrp/SignatureDt02026-03-24
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0FOREST BEACH INC
ReturnHeader/Filer/BusinessNameControlTxt0FORE
ReturnHeader/Filer/EIN0264539286
ReturnHeader/Filer/PhoneNum02532786684
ReturnHeader/Filer/USAddress/AddressLine1Txt0PO BOX 1022
ReturnHeader/Filer/USAddress/CityNm0GIG HARBOR
ReturnHeader/Filer/USAddress/StateAbbreviationCd0WA
ReturnHeader/Filer/USAddress/ZIPCd098335
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0462419083
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0SHERLYN IVERSON CPA PLLC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0PO BOX 605
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0FOX ISLAND
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0WA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd098333
ReturnHeader/PreparerPersonGrp/PhoneNum02533532702
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0SHERLYN IVERSON CPA
ReturnHeader/PreparerPersonGrp/SelfEmployedInd0X
ReturnHeader/ReturnTs02026-03-24T14:32:36-05:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02025-01-01
ReturnHeader/TaxPeriodEndDt02025-12-31
ReturnHeader/TaxYr02025

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