Civic Intelligence

Forest Beach Inc

990EZ • Fiscal year 2021 • EIN 26-4539286

Jan 01, 2021 to Dec 31, 2021 • Filed on May 16, 2022

Organization ProfileN/A
PO Box 1022Gig Harbor, WA 98335

(253) 278-6684

Siviq Scores

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

Liabilities / Assets

69th percentile

0.09x

Higher debt load relative to assets than 69% of similar nonprofits.

2021 filings • 501(c)12 • <$500k nonprofits • Source year 2021

Liabilities / Revenue

71st percentile

0.24x

Higher debt load relative to revenue than 71% of similar nonprofits.

2021 filings • 501(c)12 • <$500k nonprofits • Source year 2021

Net Margin

91st percentile

45%

Higher net margin than 91% of similar nonprofits.

2021 filings • 501(c)12 • <$500k nonprofits • Source year 2021

Top Officer Pay

76th percentile

$0

Higher top officer pay than 76% of similar nonprofits.

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

2021 filings • 501(c)12 • <$500k nonprofits • Source year 2021

Asset Growth

Score unavailable

No value available

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

Source year 2021

Revenue Growth

Score unavailable

No value available

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

Source year 2021

Balance Sheet
Liabilities / Assets69th percentile

Assets

$222,253

No earlier filing loaded for comparison.

Net Assets

$201,652

No earlier filing loaded for comparison.

Liabilities

$20,601

No earlier filing loaded for comparison.

Revenue And Expenses
Liabilities / Revenue71st percentileNet Margin91st percentile

Revenue

$85,690

No earlier filing loaded for comparison.

Expenses

$47,115

No earlier filing loaded for comparison.

Net Income

$38,575

No earlier filing loaded for comparison.

Historical Trend

Balance Sheet Trend

Asset GrowthScore unavailable

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

$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

2021

Assets$222,253
Liabilities$20,601
Net Assets$201,652
Open 2021 Filing

Operations Trend

Revenue GrowthScore unavailable

Revenue, expenses, and net income across loaded years, with this 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

2021

Revenue$85,690
Expenses$47,115
Net Income$38,575
Open 2021 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2021 to Dec 31, 2021
Signed
May 16, 2022
Return Version
2021v4.0
Gross Receipts
$85,690
Mission and Program Overview

Mission

Community owned water company

Community owned water company.

Program Services

DescriptionGrantsExpenses
Provide wter to 81 households, using the local major utility company to manage daily needs and monthly monitoring.--
Compensation and Service Providers
Top Officer Pay76th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
Don LloydPresident-$0--
Doug HooverVice President-$0--
Ron MladenichSecretary-$0--
Tara CadyTreasurer-$0--
Jess TartTrustee-$0--
Buzz CurryTrustee-$0--
Ros CookTrustee-$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
Signed
2022-05-16
Discuss with paid preparer
Yes

Preparer

Firm
Pennywise Tax & Accounting Inc
Address
5287 Olympic Drive NW Suite B, Gig Harbor, WA 98335
Preparer
Beth Anderson
Phone
2533921855
Supplemental Narrative

Additional Explanations

Other Expenses.1002

“Office Expenses $676”

Other Expenses.1008

“Interest $494”

Other Expenses.1012

“Insurance $2988”

Other Expenses.1

“O & M Expenses $38407”

Other Expenses.2

“Tax, License, Permits $3620”

Other Expenses.3

“Bank Fees $339”

Total Liabilities.1

“Loan for new well - Beginning $22024 Loan for new well - Ending $20000”

Total Liabilities.2

“WA Excise Tax Payable - Beginning $825 WA Excise Tax Payable - Ending $601”

Raw XML Appendix139 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/PersonNm0Ron Mladenich
IRS990EZ/BooksInCareOfDetail/PhoneNum02532786684
IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt03725 Forest Beach Dr NW
IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0Gig Harbor
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0WA
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd098335
IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt0148526
IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt0184853
IRS990EZ/ChgMadeToOrgnzngDocNotRptInd0false
IRS990EZ/CostOfGoodsSoldAmt00
IRS990EZ/CostOrOtherBasisExpenseSaleAmt00
IRS990EZ/DonorAdvisedFndsInd0false
IRS990EZ/ExcessOrDeficitForYearAmt038575
IRS990EZ/FeesAndOtherPymtToIndCntrctAmt0591
IRS990EZ/ForeignFinancialAccountInd0false
IRS990EZ/ForeignOfficeInd0false
IRS990EZ/Form1120PolFiledInd0false
IRS990EZ/Form990TotalAssetsGrp/BOYAmt0185926
IRS990EZ/Form990TotalAssetsGrp/EOYAmt0222253
IRS990EZ/FundraisingGrossIncomeAmt00
IRS990EZ/GrossReceiptsAmt085690
IRS990EZ/InfoInScheduleOPartIIInd0X
IRS990EZ/InfoInScheduleOPartIInd0X
IRS990EZ/InvestmentIncomeAmt0630
IRS990EZ/LandAndBuildingsGrp/BOYAmt037400
IRS990EZ/LandAndBuildingsGrp/EOYAmt037400
IRS990EZ/MadeLoansToFromOfficersInd0false
IRS990EZ/MembershipDuesAmt010600
IRS990EZ/MethodOfAccountingAccrualInd0X
IRS990EZ/NetAssetsOrFundBalancesBOYAmt0163077
IRS990EZ/NetAssetsOrFundBalancesEOYAmt0201652
IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt0163077
IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt0201652
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/PersonNm0Don Lloyd
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm1Doug Hoover
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm2Ron Mladenich
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm3Tara Cady
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm4Jess Tart
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm5Buzz Curry
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm6Ros Cook
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0President
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1Vice President
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2Secretary
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt3Treasurer
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt4Trustee
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt5Trustee
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt6Trustee
IRS990EZ/OperateHospitalInd0false
IRS990EZ/Organization501cInd0X
IRS990EZ/OrganizationDissolvedEtcInd0false
IRS990EZ/OrganizationHadUBIInd0false
IRS990EZ/OtherExpensesTotalAmt046524
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt0NONE
IRS990EZ/PartVIOfCompOfHghstPdEmplTxt0NONE
IRS990EZ/PoliticalCampaignActyInd0false
IRS990EZ/PrimaryExemptPurposeTxt0Community owned water company.
IRS990EZ/ProgramServiceRevenueAmt074460
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0Provide wter to 81 households, using the local major utility company to manage daily needs and monthly monitoring.
IRS990EZ/ProhibitedTaxShelterTransInd0false
IRS990EZ/RelatedOrganizationCtrlEntInd0false
IRS990EZ/ScheduleBNotRequiredInd0X
IRS990EZ/SpecialEventsDirectExpensesAmt00
IRS990EZ/SubjectToProxyTaxInd0false
IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt022849
IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt020601
IRS990EZ/TanningServicesProvidedInd0false
IRS990EZ/TaxImposedOnOrganizationMgrAmt00
IRS990EZ/TaxImposedUnderIRC4911Amt00
IRS990EZ/TaxImposedUnderIRC4912Amt00
IRS990EZ/TaxImposedUnderIRC4955Amt00
IRS990EZ/TaxReimbursedByOrganizationAmt00
IRS990EZ/TotalExpensesAmt047115
IRS990EZ/TotalRevenueAmt085690
IRS990EZ/TransactionWithControlEntInd0false
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990EZ/WebsiteAddressTxt0N/A
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0Office Expenses $676
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1Interest $494
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2Insurance $2988
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3O & M Expenses $38407
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4Tax, License, Permits $3620
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5Bank Fees $339
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6Loan for new well - Beginning $22024 Loan for new well - Ending $20000
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt7WA Excise Tax Payable - Beginning $825 WA Excise Tax Payable - Ending $601
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Other Expenses.1002
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Other Expenses.1008
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Other Expenses.1012
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Other Expenses.1
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Other Expenses.2
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5Other Expenses.3
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6Total Liabilities.1
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc7Total Liabilities.2
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/AuthenticationAssuranceLevelCd0AAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/FederatedAssuranceLevelCd0FAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/IdentityAssuranceLevelCd0IAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/TrustedCustomerCd00
ReturnHeader/BuildTS02022-09-23 18:48:47Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0Don Lloyd
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0President
ReturnHeader/BusinessOfficerGrp/SignatureDt02022-05-16
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/PreparerFirmEIN0831177785
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0Pennywise Tax & Accounting Inc
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt05287 Olympic Drive NW Suite B
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0Gig Harbor
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0WA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd098335
ReturnHeader/PreparerPersonGrp/PhoneNum02533921855
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0Beth Anderson
ReturnHeader/ReturnTs02022-05-16T17:33:46-07:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0Don
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0Lloyd
ReturnHeader/TaxPeriodBeginDt02021-01-01
ReturnHeader/TaxPeriodEndDt02021-12-31
ReturnHeader/TaxYr02021

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2021 • Form 990EZDetailed filing. Detailed filing data is available for this year.

Open filing
Assets
$222,253
Liabilities
$20,601
Net assets
$201,652
Revenue
$85,690
Expenses
$47,115
Net income
$38,575
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