Civic Intelligence

Forest Beach Inc

990EZ • Fiscal year 2022 • EIN 26-4539286

Jan 01, 2022 to Dec 31, 2022 • Filed on Apr 19, 2023

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

32nd percentile

0.00x

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

2022 filings • 501(c)12 • <$500k nonprofits • Source year 2022

Liabilities / Revenue

33rd percentile

0.00x

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

2022 filings • 501(c)12 • <$500k nonprofits • Source year 2022

Net Margin

83rd percentile

29%

Higher net margin than 83% of similar nonprofits.

2022 filings • 501(c)12 • <$500k nonprofits • Source year 2022

Top Officer Pay

84th percentile

$0

Higher top officer pay than 84% of similar nonprofits.

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

2022 filings • 501(c)12 • <$500k nonprofits • Source year 2022

Asset Growth

37th percentile

-2.8%

Faster asset growth than 37% of similar nonprofits.

2022 filings • 501(c)12 • <$500k nonprofits • Annualized from 2021 to 2022

Revenue Growth

6th percentile

-43%

Faster revenue growth than 6% of similar nonprofits.

2022 filings • 501(c)12 • <$500k nonprofits • Annualized from 2021 to 2022

Balance Sheet
Liabilities / Assets32nd percentile

Assets

Flat

$215,930

Flat from 2022

Net Assets

Flat

$215,930

Flat from 2022

Liabilities

Flat

$0

Flat from 2022

Revenue And Expenses
Liabilities / Revenue33rd percentileNet Margin83rd percentile

Revenue

Flat

$48,973

Flat from 2022

Expenses

Down

$34,695

Down $2 (-0.0%) from 2022

Net Income

Up

$14,278

Up $2 (+0.0%) from 2022

Historical Trend

Balance Sheet Trend

Asset Growth37th percentile

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 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

2022

Assets$215,930
Liabilities$0
Net Assets$215,930
Open 2022 Filing

Operations Trend

Revenue Growth6th percentile

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: $34,695Net Income 2022: $14,2782022Revenue 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

2022

Revenue$48,973
Expenses$34,695
Net Income$14,278
Open 2022 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2022 to Dec 31, 2022
Signed
Apr 19, 2023
Return Version
2022v5.0
Gross Receipts
$48,973
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 Pay84th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
JESS TARTTrustee-$0--
BUZZ CURRYTrustee-$0--
ROS COOKTrustee-$0--
DON LLOYDPresident-$0--
DOUG HOOVERVice President-$0--
RON MLADENICHSecretary-$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
2023-04-19
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: 814.”

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

“Description: peninsula light fees. Amount: 20,599. Description: insurance. Amount: 3,010. Description: tax, license and permits. Amount: 3,371. Description: office and meeting . Amount: 523. Total to form 990-ez, line 16: 27,503.”

Form 990-ez, Part II, Line 26 - Other Liabilities

“Description: loan for new well. Beg. Of year amount: 20,000. End of year amount: 0. Description: wa excise tax payable. Beg. Of year amount: 601. End of year amount: 0.”

Raw XML Appendix137 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/BusinessNameLine1Txt0RON 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/BOYAmt0184853
IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt0178530
IRS990EZ/ChgMadeToOrgnzngDocNotRptInd00
IRS990EZ/DirectIndirectPltclExpendAmt00
IRS990EZ/DonorAdvisedFndsInd00
IRS990EZ/ExcessOrDeficitForYearAmt014278
IRS990EZ/FeesAndOtherPymtToIndCntrctAmt07135
IRS990EZ/ForeignFinancialAccountInd00
IRS990EZ/ForeignOfficeInd00
IRS990EZ/Form990TotalAssetsGrp/BOYAmt0222253
IRS990EZ/Form990TotalAssetsGrp/EOYAmt0215930
IRS990EZ/GrossReceiptsAmt048973
IRS990EZ/InfoInScheduleOPartIIInd0X
IRS990EZ/InfoInScheduleOPartIInd0X
IRS990EZ/InvestmentIncomeAmt0814
IRS990EZ/LandAndBuildingsGrp/BOYAmt037400
IRS990EZ/LandAndBuildingsGrp/EOYAmt037400
IRS990EZ/MadeLoansToFromOfficersInd00
IRS990EZ/MembershipDuesAmt01000
IRS990EZ/MethodOfAccountingAccrualInd0X
IRS990EZ/NetAssetsOrFundBalancesBOYAmt0201652
IRS990EZ/NetAssetsOrFundBalancesEOYAmt0215930
IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt0201652
IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt0215930
IRS990EZ/OccupancyRentUtltsAndMaintAmt057
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/PersonNm1BUZZ CURRY
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm2ROS COOK
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm3DON LLOYD
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm4DOUG HOOVER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm5RON MLADENICH
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/OtherExpensesTotalAmt027503
IRS990EZ/PoliticalCampaignActyInd00
IRS990EZ/PrimaryExemptPurposeTxt0COMMUNITY OWNED WATER COMPANY
IRS990EZ/ProgramServiceRevenueAmt047159
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/BOYAmt020601
IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt00
IRS990EZ/TanningServicesProvidedInd00
IRS990EZ/TotalExpensesAmt034695
IRS990EZ/TotalRevenueAmt048973
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990EZ/WebsiteAddressTxt0N/A
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0DESCRIPTION: INTEREST INCOME. AMOUNT: 814.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1DESCRIPTION: PENINSULA LIGHT FEES. AMOUNT: 20,599. DESCRIPTION: INSURANCE. AMOUNT: 3,010. DESCRIPTION: TAX, LICENSE AND PERMITS. AMOUNT: 3,371. DESCRIPTION: OFFICE AND MEETING . AMOUNT: 523. TOTAL TO FORM 990-EZ, LINE 16: 27,503.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2DESCRIPTION: LOAN FOR NEW WELL. BEG. OF YEAR AMOUNT: 20,000. END OF YEAR AMOUNT: 0. DESCRIPTION: WA EXCISE TAX PAYABLE. BEG. OF YEAR AMOUNT: 601. END OF YEAR AMOUNT: 0.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990-EZ, PART I, LINE 4 - OTHER INVESTMENT INCOME
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990-EZ, PART I, LINE 16 - OTHER EXPENSES
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990-EZ, PART II, LINE 26 - OTHER LIABILITIES
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/AuthenticationAssuranceLevelCd0AAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/IdentityAssuranceLevelCd0IAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/TrustedCustomerCd00
ReturnHeader/BuildTS02023-04-26 12:10:37Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0DON LLOYD
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT
ReturnHeader/BusinessOfficerGrp/PhoneNum02532786684
ReturnHeader/BusinessOfficerGrp/SignatureDt02023-04-19
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/IRSResponsiblePrtyInfoCurrInd00
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/ReturnTs02023-04-19T11:00:58-05:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0DON
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0LLOYD
ReturnHeader/TaxPeriodBeginDt02022-01-01
ReturnHeader/TaxPeriodEndDt02022-12-31
ReturnHeader/TaxYr02022

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2022 • Form 990EZDetailed filing. Detailed filing data is available for this year.

Open filing
Assets
$215,930
Liabilities
$0
Net assets
$215,930
Revenue
$48,973
Expenses
$34,695
Net income
$14,278
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
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