Bloomfield Water Co Inc

990EZ • Fiscal year 2016 • EIN 34-1609860

Apr 01, 2015 to Mar 31, 2016 • Filed on Jun 21, 2016

Organization Profile lakebuckhorn.org

1817 Sr 83 Unit 332Millersburg, OH 44654

(330) 674-9961

Siviq Scores

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

0.35x

Higher debt load relative to assets than 84% of similar nonprofits.

2016 filings • 501(c)12 • <$500k nonprofits • Source year 2016

0.94x

Higher debt load relative to revenue than 86% of similar nonprofits.

2016 filings • 501(c)12 • <$500k nonprofits • Source year 2016

-3.6%

Higher net margin than 33% of similar nonprofits.

2016 filings • 501(c)12 • <$500k nonprofits • Source year 2016

Higher top officer pay than 74% of similar nonprofits.

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

2016 filings • 501(c)12 • <$500k nonprofits • Source year 2016

-1.3%

Faster asset growth than 38% of similar nonprofits.

2016 filings • 501(c)12 • <$500k nonprofits • Annualized from 2015 to 2016

19%

Faster revenue growth than 82% of similar nonprofits.

2016 filings • 501(c)12 • <$500k nonprofits • Annualized from 2015 to 2016

Balance Sheet

Liabilities / Assets84th percentile

Assets

Down

$352,634

Down $4,706 (-1.3%) from 2015

Net Assets

Down

$230,484

Down $4,706 (-2.0%) from 2015

Liabilities

Flat

$122,150

Flat from 2015

Revenue And Expenses

Liabilities / Revenue86th percentile Net Margin33rd percentile

Revenue

$130,389

Up $20,414 (+19%) from 2015

Expenses

Down

$135,095

Down $16,473 (-11%) from 2015

Net Income

-$4,706

Up $36,887 (+89%) from 2015

Historical Trend

Balance Sheet Trend

Asset Growth38th percentile

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

Highlighted filing

2016

Assets$352,634

Liabilities$122,150

Net Assets$230,484

Open 2016 Filing

Operations Trend

Revenue Growth82nd percentile

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

Highlighted filing

2016

Revenue$130,389

Expenses$135,095

Net Income-$4,706

Open 2016 Filing

Jump To

Filing Snapshot

Filing Period: Apr 1, 2015 to Mar 31, 2016
Signed: Jun 21, 2016
Return Version: 2015v2.1
Gross Receipts: $130,389

Mission and Program Overview

Mission

To establish a non-profit water utility company to serve the residents of lake buckhorn subdivision community located in mechanic township holmes county, ohio, and as permitted under the ohio revised code.

Program Services

Description	Grants	Expenses
BLOOMFIELD WATER COMPANY HAD APPROXIMATELY 350 MEMBERS AS OF 03/31/16. WE FURNISHED WATER TO THOSE MEMBERS AT APPROXIMATELY COST ON A MUTUAL BASIS.	$0	$0

Compensation and Service Providers

Top Officer Pay74th percentile

Employees

Name	Title	Full / Part Time	Base	Other	Total
ROBERT LLOYD	Trustee	-	$0	-	-
LARRY SHEETS	President/Trustee	-	$0	-	-
JIM SCHAFER	Vice President/Trustee	-	$0	-	-
JUDD SCHULER	Treasurer/Trustee	-	$0	-	-
RICHARD STRAUSBAUGH	Secretary/Trustee	-	$0	-	-

Filing and Contact Details

Filer

Filer Name: Bloomfield Water Co Inc
EIN: 34-1609860
Phone: 3306749961
Address: 1817 SR 83 UNIT 332, MILLERSBURG, OH 44654

Signing Officer

Name: Larry Sheets
Title: President
Phone: 3306749961
Signed: 2016-06-21
Discuss with paid preparer: Yes

Preparer

Firm: Rea & Associates Inc
Address: 212 N Washington Street, Millersburg, OH 44654
Preparer: Chris Roush CPA
Phone: 3306746055

Supplemental Narrative

Additional Explanations

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

“Description: INTEREST INCOME. Amount: 1,673. Total to Form 990-EZ, line 14: 70,284.”

Form 990-EZ, Part I, Line 8 - Other Revenue

“Description: MISCELLANEOUS REVENUE. Amount: 785.”

Form 990-EZ, Part I, Line 14

“Description: Depreciation. Amount: 42,557. Description: Other Expenses. Amount: 27,727.”

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

“Description: CONTRACT LABOR- LB MAINTENANCE. Amount: 8,505. Description: MAINTENANCE & REPAIRS. Amount: 12,724. Description: LAB FEES. Amount: 3,733. Description: CHEMICALS. Amount: 3,279. Description: LICENSES. Amount: 697. Description: DUES & SUBSCRIPTIONS. Amount: 320. Description: MISCELLANEOUS EXPENSES. Amount: 1,176. Total to Form 990-EZ, line 16: 30,434.”

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

“Description: OTHER LIABILITIES. Beg. of Year Amount: 122,150. End of Year Amount: 122,150.”

Raw XML Appendix128 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/ActivitiesNotPreviouslyRptInd	0	0
IRS990EZ/BooksInCareOfDetail/BusinessName/BusinessNameLine1Txt	0	VICKIE RICCI
IRS990EZ/BooksInCareOfDetail/PhoneNum	0	3306749961
IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt	0	1817 SR 83 UNIT 332
IRS990EZ/BooksInCareOfDetail/USAddress/CityNm	0	MILLERSBURG
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd	0	OH
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd	0	44654
IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt	0	255451
IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt	0	233693
IRS990EZ/ChgMadeToOrgnzngDocNotRptInd	0	0
IRS990EZ/ContributionsGiftsGrantsEtcAmt	0	0
IRS990EZ/DirectIndirectPltclExpendAmt	0	0
IRS990EZ/DonorAdvisedFndsInd	0	0
IRS990EZ/ExcessOrDeficitForYearAmt	0	-4706
IRS990EZ/FeesAndOtherPymtToIndCntrctAmt	0	34377
IRS990EZ/ForeignFinancialAccountInd	0	0
IRS990EZ/ForeignOfficeInd	0	0
IRS990EZ/Form990TotalAssetsGrp/BOYAmt	0	357340
IRS990EZ/Form990TotalAssetsGrp/EOYAmt	0	352634
IRS990EZ/GrossReceiptsAmt	0	130389
IRS990EZ/InfoInScheduleOPartIIIInd	0	X
IRS990EZ/InfoInScheduleOPartIIInd	0	X
IRS990EZ/InfoInScheduleOPartIInd	0	X
IRS990EZ/InfoInScheduleOPartVInd	0	X
IRS990EZ/InvestmentIncomeAmt	0	1673
IRS990EZ/LandAndBuildingsGrp/BOYAmt	0	101889
IRS990EZ/LandAndBuildingsGrp/EOYAmt	0	118941
IRS990EZ/MadeLoansToFromOfficersInd	0	0
IRS990EZ/MembershipDuesAmt	0	6650
IRS990EZ/MethodOfAccountingCashInd	0	X
IRS990EZ/NetAssetsOrFundBalancesBOYAmt	0	235190
IRS990EZ/NetAssetsOrFundBalancesEOYAmt	0	230484
IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt	0	235190
IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt	0	230484
IRS990EZ/OccupancyRentUtltsAndMaintAmt	0	70284
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt	0	1.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt	1	2.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt	2	1.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt	3	1.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt	4	1.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt	0	0
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt	1	0
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt	2	0
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt	3	0
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt	4	0
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt	0	0
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt	1	0
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt	2	0
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt	3	0
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt	4	0
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt	0	0
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt	1	0
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt	2	0
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt	3	0
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt	4	0
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm	0	ROBERT LLOYD
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm	1	LARRY SHEETS
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm	2	JIM SCHAFER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm	3	JUDD SCHULER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm	4	RICHARD STRAUSBAUGH
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt	0	TRUSTEE
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt	1	PRESIDENT/TRUSTEE
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt	2	VICE PRESIDENT/TRUSTEE
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt	3	TREASURER/TRUSTEE
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt	4	SECRETARY/TRUSTEE
IRS990EZ/OperateHospitalInd	0	0
IRS990EZ/Organization501cInd	0	X
IRS990EZ/OrganizationDissolvedEtcInd	0	0
IRS990EZ/OrganizationHadUBIInd	0	0
IRS990EZ/OtherChangesInNetAssetsAmt	0	0
IRS990EZ/OtherExpensesTotalAmt	0	30434
IRS990EZ/OtherRevenueTotalAmt	0	785
IRS990EZ/PoliticalCampaignActyInd	0	0
IRS990EZ/PrimaryExemptPurposeTxt	0	TO ESTABLISH A NON-PROFIT WATER UTILITY COMPANY TO SERVE THE RESIDENTS OF LAKE BUCKHORN SUBDIVISION COMMUNITY LOCATED IN MECHANIC TOWNSHIP HOLMES COUNTY, OHIO, AND AS PERMITTED UNDER THE OHIO REVISED CODE.
IRS990EZ/ProgramServiceRevenueAmt	0	121281
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt	0	BLOOMFIELD WATER COMPANY HAD APPROXIMATELY 350 MEMBERS AS OF 03/31/16. WE FURNISHED WATER TO THOSE MEMBERS AT APPROXIMATELY COST ON A MUTUAL BASIS.
IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt	0	0
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt	0	0
IRS990EZ/ProhibitedTaxShelterTransInd	0	0
IRS990EZ/RelatedOrganizationCtrlEntInd	0	0
IRS990EZ/ScheduleBNotRequiredInd	0	X
IRS990EZ/SubjectToProxyTaxInd	0	0
IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt	0	122150
IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt	0	122150
IRS990EZ/TanningServicesProvidedInd	0	0
IRS990EZ/TotalExpensesAmt	0	135095
IRS990EZ/TotalRevenueAmt	0	130389
IRS990EZ/TypeOfOrganizationCorpInd	0	X
IRS990EZ/WebsiteAddressTxt	0	lakebuckhorn.org
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt	0	Description: INTEREST INCOME. Amount: 1,673. Total to Form 990-EZ, line 14: 70,284.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt	1	Description: MISCELLANEOUS REVENUE. Amount: 785.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt	2	Description: Depreciation. Amount: 42,557. Description: Other Expenses. Amount: 27,727.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt	3	Description: CONTRACT LABOR- LB MAINTENANCE. Amount: 8,505. Description: MAINTENANCE & REPAIRS. Amount: 12,724. Description: LAB FEES. Amount: 3,733. Description: CHEMICALS. Amount: 3,279. Description: LICENSES. Amount: 697. Description: DUES & SUBSCRIPTIONS. Amount: 320. Description: MISCELLANEOUS EXPENSES. Amount: 1,176. Total to Form 990-EZ, line 16: 30,434.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt	4	Description: OTHER LIABILITIES. Beg. of Year Amount: 122,150. End of Year Amount: 122,150.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc	0	Form 990-EZ, Part I, Line 4 - Other Investment Income
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc	1	Form 990-EZ, Part I, Line 8 - Other Revenue
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc	2	Form 990-EZ, Part I, Line 14
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc	3	Form 990-EZ, Part I, Line 16 - Other Expenses
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc	4	Form 990-EZ, Part II, Line 26 - Other Liabilities
TransferPrsnlBnftContractsDecl/DeclarationDesc	0	The 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/BuildTS	0	2016-12-15 16:53:06Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd	0	1
ReturnHeader/BusinessOfficerGrp/PersonNm	0	LARRY SHEETS
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt	0	PRESIDENT
ReturnHeader/BusinessOfficerGrp/PhoneNum	0	3306749961
ReturnHeader/BusinessOfficerGrp/SignatureDt	0	2016-06-21
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt	0	Bloomfield Water Co Inc
ReturnHeader/Filer/BusinessNameControlTxt	0	BLOO
ReturnHeader/Filer/EIN	0	341609860
ReturnHeader/Filer/PhoneNum	0	3306749961
ReturnHeader/Filer/USAddress/AddressLine1Txt	0	1817 SR 83 UNIT 332
ReturnHeader/Filer/USAddress/CityNm	0	MILLERSBURG
ReturnHeader/Filer/USAddress/StateAbbreviationCd	0	OH
ReturnHeader/Filer/USAddress/ZIPCd	0	44654
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN	0	341310124
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt	0	Rea & Associates Inc
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt	0	212 N Washington Street
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm	0	Millersburg
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd	0	OH
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd	0	44654
ReturnHeader/PreparerPersonGrp/PhoneNum	0	3306746055
ReturnHeader/PreparerPersonGrp/PreparationDt	0	2016-06-21
ReturnHeader/PreparerPersonGrp/PreparerPersonNm	0	CHRIS ROUSH CPA
ReturnHeader/ReturnTs	0	2016-08-11T10:41:08-05:00
ReturnHeader/ReturnTypeCd	0	990EZ
ReturnHeader/TaxPeriodBeginDt	0	2015-04-01
ReturnHeader/TaxPeriodEndDt	0	2016-03-31
ReturnHeader/TaxYr	0	2015

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2016 • Form 990EZDetailed filing. Detailed filing data is available for this year.

Open filing

Assets: $352,634
Liabilities: $122,150
Net assets: $230,484
Revenue: $130,389
Expenses: $135,095
Net income: -$4,706

	Balance Sheet			Operations
Year	Assets	Liabilities	Net Assets	Revenue	Expenses	Net Income
2025Detailed filing. Detailed filing data is available for this year.	$5.96	$1.42	$4.54	$2.31	$1.56	$0.75
2024Detailed filing. Detailed filing data is available for this year.	$5.42	$1.63	$3.79	$2.34	$2.28	$0.06
2023Detailed filing. Detailed filing data is available for this year.	$5.54	$1.81	$3.73	$1.92	$1.26	$0.67
2022Detailed filing. Detailed filing data is available for this year.	$5.09	$2.02	$3.07	$1.69	$1.68	$0.00
2021Detailed filing. Detailed filing data is available for this year.	$5.25	$2.18	$3.06	$1.89	$1.72	$0.17
2020Detailed filing. Detailed filing data is available for this year.	$4.11	$1.22	$2.89	$1.57	$1.30	$0.27
2019Detailed filing. Detailed filing data is available for this year.	$3.84	$1.22	$2.62	$1.51	$1.58	$0.07
2018Detailed filing. Detailed filing data is available for this year.	$3.91	$1.22	$2.69	$0.17	$0.20	$0.36
2017Detailed filing. Detailed filing data is available for this year.	$4.27	$1.22	$3.05	$0.80	$0.06	$0.74
2016Detailed filing. Detailed filing data is available for this year.	$3.53	$1.22	$2.30	$1.30	$1.35	$0.05
2015Detailed filing. Detailed filing data is available for this year.	$3.57	$1.22	$2.35	$1.10	$1.52	$0.42
2014Detailed filing. Detailed filing data is available for this year.	$3.99	$1.22	$2.77	$1.19	$1.38	$0.18
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.	$4.17	$1.22	$2.95	$1.08	$1.54	$0.46
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.	$4.64	$1.22	$3.41	$1.02	$1.32	$0.29
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.	$4.94	$1.23	$3.71	$1.02	$1.63	$0.61
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.	$5.55	$1.23	$4.32	$1.91	$1.60	$0.31