Liabilities / Assets
95th percentile
Higher debt load relative to assets than 95% of similar nonprofits.
EIN 35-1103388 • 501(c)12 • Floyds Knobs, IN
Profile
At floyds knobs water company, inc., we are committed to providing safe, high quality water services to our community, while maintaining a standard of excellence in customer service and environmental conservation.
Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.
Liabilities / Assets
95th percentile
Higher debt load relative to assets than 95% of similar nonprofits.
Liabilities / Revenue
90th percentile
Higher debt load relative to revenue than 90% of similar nonprofits.
Net Margin
44th percentile
Higher net margin than 44% of similar nonprofits.
Top Officer Pay
Score unavailable
No filing with officer rows is available for this organization yet.
Asset Growth
59th percentile
Faster asset growth than 59% of similar nonprofits.
Revenue Growth
23rd percentile
Faster revenue growth than 23% of similar nonprofits.
Assets
Up$10,907,342
Up $237,333 (+2.2%) from 2023
Liabilities
Up$7,578,952
Up $112,978 (+1.5%) from 2023
Net Assets
Up$3,328,390
Up $124,355 (+3.9%) from 2023
Revenue
Up$1,951,730
Up $17,043 (+0.9%) from 2023
Expenses
Up$1,833,875
Up $124,209 (+7.3%) from 2023
Net Income
Down$117,855
Down $107,166 (-48%) from 2023
Most recent year
2024 • Form 990Detailed filing. Detailed filing data is available for this year.
Distribute water to members
Provides metered water service to approximately 2,500 members on a cooperative basis.
| Line | Beginning | End | Change |
|---|---|---|---|
| Assets | |||
| Land, Buildings, and Equipment, Net | $9,216,200 | $9,226,329 | ▲ $10,129 |
| Rtn Earn Endowment Incm Other Fnds | $2,994,570 | $3,112,425 | ▲ $117,855 |
| Savings and Temporary Cash Investments | $1,215,525 | $1,358,369 | ▲ $142,844 |
| Cap Stk Tr Prin Current Funds | $209,465 | $215,965 | ▲ $6,500 |
| Accounts Receivable | $128,875 | $149,598 | ▲ $20,723 |
| Inventories for Sale or Use | $70,293 | $133,097 | ▲ $62,804 |
| Prepaid Expenses and Deferred Charges | $24,853 | $11,938 | ▼ $12,915 |
| Cash and Non-Interest-Bearing Accounts | $200 | $200 | → $0 |
| Pd in Cap Srpls Land Bldg Eqp Fund | $0 | $0 | → $0 |
| Total Assets | $10,670,009 | $10,907,342 | ▲ $237,333 |
| Other Assets Total | $14,063 | $27,811 | ▲ $13,748 |
| Liabilities | |||
| Other Liabilities | $3,935,239 | $4,433,223 | ▲ $497,984 |
| Mortgage Notes Payable Secured by Investment Property | $3,292,985 | $3,065,800 | ▼ $227,185 |
| Accounts Payable and Accrued Expenses | $237,750 | $79,929 | ▼ $157,821 |
| Total Liabilities | $7,465,974 | $7,578,952 | ▲ $112,978 |
| Net Assets / Fund Balance | |||
| Total Net Assets Fund Balance | $3,204,035 | $3,328,390 | ▲ $124,355 |
| Total Liabilities and Net Assets / Fund Balance | $10,670,009 | $10,907,342 | ▲ $237,333 |
| Asset | Book Value | Depreciation | Basis |
|---|---|---|---|
| Other Land Buildings | $7,998,329 | $3,364,480 | $11,362,809 |
| Buildings | $863,543 | $194,603 | $1,058,146 |
| Equipment | $74,116 | $518,340 | $592,456 |
| Land | $290,341 | - | $290,341 |
| Name | Title | Full / Part Time | Base | Total |
|---|---|---|---|---|
| Danny Standiford | General Manager | FT | $80,301 | $80,301 |
| Rick Morgan | President | - | $2,450 | $2,450 |
| Mike Shearer | Vice President | - | $1,750 | $1,750 |
| Gayle Pearl | Secretary/treasurer | - | $1,625 | $1,625 |
| David Cull | Director | - | $1,300 | $1,300 |
| Kirk Shaffer | Director | - | $1,300 | $1,300 |
| Mark Ammons | Director | - | $1,200 | $1,200 |
| Ryan Pfeifer | Director | - | $1,200 | $1,200 |
| Line Item | Amount |
|---|---|
| Other Expenses | $1,551,446 |
| Salaries, Compensation, and Employee Benefits | $282,429 |
| Grants and Similar Amounts Paid | $0 |
| Professional Fundraising Fees | $0 |
| Total Fundraising Expense | $0 |
| Line Item | Program | Management | Fundraising | Total |
|---|---|---|---|---|
| Depreciation Depletion | - | - | - | $255,729 |
| Other Salaries and Wages | - | - | - | $160,312 |
| Current Officers, Directors, Trustees, and Key Employees | - | - | - | $88,787 |
| Interest | - | - | - | $70,686 |
| All Other Expenses | - | - | - | $62,670 |
| Fees for Services Accounting | - | - | - | $27,101 |
| Other Expenses | - | - | - | $25,267 |
| Office Expenses | - | - | - | $21,874 |
| Payroll Taxes | - | - | - | $18,588 |
| Insurance | - | - | - | $17,466 |
| Other Employee Benefits | - | - | - | $14,742 |
| Fees for Services Legal | - | - | - | $7,251 |
| Conferences and Meetings | - | - | - | $1,539 |
| Total Functional Expenses | $0 | $0 | $0 | $1,833,875 |
| Line Item | Amount |
|---|---|
| Expenses per Audited Statements | $1,833,875 |
| Total Expenses per Audited Statements | $1,833,875 |
| Total Expenses per Form 990 | $1,833,875 |
| Expenses Not Reported on Financial Statements | $0 |
| Expenses Not Reported on Form 990 | $0 |
| Line Item | Amount |
|---|---|
| Professional Fundraising Fees | $0 |
| Liability | Amount |
|---|---|
| Contributions in Aid of Construction | $4,405,412 |
| Lease Liability | $27,811 |
“Floyds knobs water corporation, inc is a cooperative owned by approximately 2,500 members”
“All members are entitled to vote for the board of directors at its annual meeting”
“Governance decisions are subject to approval by the governing body”
“Form 990 is reviewed by the board of directors prior to filing with the irs”
“A compensation committee sets all salaries for approval by the entire board of directors.”
“All governing documents and the annual audited financial statements are available upon request.”
“Increase in memberships 6,500.”
“No change from the prior year”
“The utility is exempt from federal income taxes under section 501(c)(12) of the internal revenue code. Accordingly, the financial statements do not include a provision for income taxes. The utility is also exempt from the indiana utility receipts tax under ic 6-2.1-3-33. The utility has adopted asc topic 740, income taxes, as it relates to uncertain tax positions. The utility is not currently being examined by any tax jurisdictions and management believes its tax-exempt status would be upheld under examination. No provision for uncertain tax positions have been recorded at december 31, 2024.”
This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.
| Path | # | Value |
|---|---|---|
| IRS990/AccountantCompileOrReviewInd | 0 | 0 |
| IRS990/AccountsPayableAccrExpnssGrp/BOYAmt | 0 | 237750 |
| IRS990/AccountsPayableAccrExpnssGrp/EOYAmt | 0 | 79929 |
| IRS990/AccountsReceivableGrp/BOYAmt | 0 | 128875 |
| IRS990/AccountsReceivableGrp/EOYAmt | 0 | 149598 |
| IRS990/ActivitiesConductedPrtshpInd | 0 | 0 |
| IRS990/ActivityOrMissionDesc | 0 | PROVIDES METERED WATER SERVICE TO APPROXIMATELY 2,500 MEMBERS ON A COOPERATIVE BASIS. |
| IRS990/AllOtherExpensesGrp/TotalAmt | 0 | 62670 |
| IRS990/AuditCommitteeInd | 0 | 1 |
| IRS990/BackupWthldComplianceInd | 0 | 1 |
| IRS990/BooksInCareOfDetail/BusinessName/BusinessNameLine1Txt | 0 | ANGIE TIMBERLAKE |
| IRS990/BooksInCareOfDetail/PhoneNum | 0 | 8129239040 |
| IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt | 0 | 4781 PAOLI PIKE |
| IRS990/BooksInCareOfDetail/USAddress/CityNm | 0 | FLOYDS KNOBS |
| IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd | 0 | IN |
| IRS990/BooksInCareOfDetail/USAddress/ZIPCd | 0 | 47119 |
| IRS990/BusinessRlnWith35CtrlEntInd | 0 | 0 |
| IRS990/BusinessRlnWithFamMemInd | 0 | 0 |
| IRS990/BusinessRlnWithOrgMemInd | 0 | 0 |
| IRS990/CapStkTrPrinCurrentFundsGrp/BOYAmt | 0 | 209465 |
| IRS990/CapStkTrPrinCurrentFundsGrp/EOYAmt | 0 | 215965 |
| IRS990/CashNonInterestBearingGrp/BOYAmt | 0 | 200 |
| IRS990/CashNonInterestBearingGrp/EOYAmt | 0 | 200 |
| IRS990/ChangeToOrgDocumentsInd | 0 | 0 |
| IRS990/CntrctRcvdGreaterThan100KCnt | 0 | 0 |
| IRS990/CollectionsOfArtInd | 0 | 0 |
| IRS990/CompCurrentOfcrDirectorsGrp/TotalAmt | 0 | 88787 |
| IRS990/CompensationFromOtherSrcsInd | 0 | 0 |
| IRS990/CompensationProcessCEOInd | 0 | 1 |
| IRS990/CompensationProcessOtherInd | 0 | 1 |
| IRS990/ConferencesMeetingsGrp/TotalAmt | 0 | 1539 |
| IRS990/ConflictOfInterestPolicyInd | 0 | 0 |
| IRS990/ConservationEasementsInd | 0 | 0 |
| IRS990/ConsolidatedAuditFinclStmtInd | 0 | 0 |
| IRS990/CreditCounselingInd | 0 | 0 |
| IRS990/CYBenefitsPaidToMembersAmt | 0 | 0 |
| IRS990/CYContributionsGrantsAmt | 0 | 0 |
| IRS990/CYGrantsAndSimilarPaidAmt | 0 | 0 |
| IRS990/CYInvestmentIncomeAmt | 0 | 28893 |
| IRS990/CYOtherExpensesAmt | 0 | 1551446 |
| IRS990/CYOtherRevenueAmt | 0 | 0 |
| IRS990/CYProgramServiceRevenueAmt | 0 | 1922837 |
| IRS990/CYRevenuesLessExpensesAmt | 0 | 117855 |
| IRS990/CYSalariesCompEmpBnftPaidAmt | 0 | 282429 |
| IRS990/CYTotalExpensesAmt | 0 | 1833875 |
| IRS990/CYTotalFundraisingExpenseAmt | 0 | 0 |
| IRS990/CYTotalProfFndrsngExpnsAmt | 0 | 0 |
| IRS990/CYTotalRevenueAmt | 0 | 1951730 |
| IRS990/DAFExcessBusinessHoldingsInd | 0 | 0 |
| IRS990/DecisionsSubjectToApprovaInd | 0 | 1 |
| IRS990/DeductibleArtContributionInd | 0 | 0 |
| IRS990/DeductibleNonCashContriInd | 0 | 0 |
| IRS990/DelegationOfMgmtDutiesInd | 0 | 0 |
| IRS990/DepreciationDepletionGrp/TotalAmt | 0 | 255729 |
| IRS990/Desc | 0 | PROVIDES METERED WATER SERVICE TO APPROXIMATELY 2,500 MEMBERS ON A COOPERATIVE BASIS. |
| IRS990/DescribedInSection501c3Ind | 0 | 0 |
| IRS990/DisregardedEntityInd | 0 | 0 |
| IRS990/DistributionToDonorInd | 0 | 0 |
| IRS990/DocumentRetentionPolicyInd | 0 | 0 |
| IRS990/DonorAdvisedFundInd | 0 | 0 |
| IRS990/DonorRstrOrQuasiEndowmentsInd | 0 | 0 |
| IRS990/ElectionOfBoardMembersInd | 0 | 1 |
| IRS990/EmployeeCnt | 0 | 7 |
| IRS990/EmploymentTaxReturnsFiledInd | 0 | 1 |
| IRS990/FamilyOrBusinessRlnInd | 0 | 0 |
| IRS990/FederalGrantAuditRequiredInd | 0 | 0 |
| IRS990/FeesForServicesAccountingGrp/TotalAmt | 0 | 27101 |
| IRS990/FeesForServicesLegalGrp/TotalAmt | 0 | 7251 |
| IRS990/ForeignActivitiesInd | 0 | 0 |
| IRS990/ForeignFinancialAccountInd | 0 | 0 |
| IRS990/ForeignOfficeInd | 0 | 0 |
| IRS990/Form1098CFiledInd | 0 | 0 |
| IRS990/Form8282PropertyDisposedOfInd | 0 | 0 |
| IRS990/Form8899Filedind | 0 | 0 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 0 | 1.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 1 | 1.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 2 | 1.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 3 | 1.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 4 | 1.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 5 | 1.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 6 | 1.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 7 | 40.00 |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 0 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 1 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 2 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 3 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 4 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 5 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 6 | X |
| IRS990/Form990PartVIISectionAGrp/OfficerInd | 0 | X |
| IRS990/Form990PartVIISectionAGrp/OfficerInd | 1 | X |
| IRS990/Form990PartVIISectionAGrp/OfficerInd | 2 | X |
| IRS990/Form990PartVIISectionAGrp/OfficerInd | 3 | X |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 0 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 1 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 2 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 3 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 4 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 5 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 6 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 7 | 0 |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 0 | RICK MORGAN |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 1 | GAYLE PEARL |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 2 | MIKE SHEARER |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 3 | KIRK SHAFFER |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 4 | DAVID CULL |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 5 | RYAN PFEIFER |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 6 | MARK AMMONS |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 7 | DANNY STANDIFORD |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 0 | 2450 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 1 | 1625 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 2 | 1750 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 3 | 1300 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 4 | 1300 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 5 | 1200 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 6 | 1200 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 7 | 80301 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 0 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 1 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 2 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 3 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 4 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 5 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 6 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 7 | 0 |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 0 | PRESIDENT |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 1 | SECRETARY/TREASURER |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 2 | VICE PRESIDENT |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 3 | DIRECTOR |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 4 | DIRECTOR |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 5 | DIRECTOR |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 6 | DIRECTOR |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 7 | GENERAL MANAGER |
| IRS990/Form990ProvidedToGvrnBodyInd | 0 | 1 |
| IRS990/FormationYr | 0 | 1961 |
| IRS990/FormerOfcrEmployeesListedInd | 0 | 0 |
| IRS990/FSAuditedBasisGrp/SeparateBasisFinclStmtInd | 0 | X |
| IRS990/FSAuditedInd | 0 | 1 |
| IRS990/FundraisingActivitiesInd | 0 | 0 |
| IRS990/GamingActivitiesInd | 0 | 0 |
| IRS990/GoverningBodyVotingMembersCnt | 0 | 7 |
| IRS990/GrantsToIndividualsInd | 0 | 0 |
| IRS990/GrantsToOrganizationsInd | 0 | 0 |
| IRS990/GrantToRelatedPersonInd | 0 | 0 |
| IRS990/GrossReceiptsAmt | 0 | 1951730 |
| IRS990/GroupReturnForAffiliatesInd | 0 | 0 |
| IRS990/IncludeFIN48FootnoteInd | 0 | 1 |
| IRS990/IndependentAuditFinclStmtInd | 0 | 1 |
| IRS990/IndependentVotingMemberCnt | 0 | 7 |
| IRS990/IndivRcvdGreaterThan100KCnt | 0 | 0 |
| IRS990/IndoorTanningServicesInd | 0 | 0 |
| IRS990/InfoInScheduleOPartVIInd | 0 | X |
| IRS990/InfoInScheduleOPartXIIInd | 0 | X |
| IRS990/InfoInScheduleOPartXIInd | 0 | X |
| IRS990/InsuranceGrp/TotalAmt | 0 | 17466 |
| IRS990/InterestGrp/TotalAmt | 0 | 70686 |
| IRS990/InventoriesForSaleOrUseGrp/BOYAmt | 0 | 70293 |
| IRS990/InventoriesForSaleOrUseGrp/EOYAmt | 0 | 133097 |
| IRS990/InvestmentIncomeGrp/ExclusionAmt | 0 | 28893 |
| IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt | 0 | 28893 |
| IRS990/InvestmentInJointVentureInd | 0 | 0 |
| IRS990/IRPDocumentCnt | 0 | 10 |
| IRS990/IRPDocumentW2GCnt | 0 | 0 |
| IRS990/LandBldgEquipAccumDeprecAmt | 0 | 4077423 |
| IRS990/LandBldgEquipBasisNetGrp/BOYAmt | 0 | 9216200 |
| IRS990/LandBldgEquipBasisNetGrp/EOYAmt | 0 | 9226329 |
| IRS990/LandBldgEquipCostOrOtherBssAmt | 0 | 13303752 |
| IRS990/LegalDomicileStateCd | 0 | IN |
| IRS990/LoanOutstandingInd | 0 | 0 |
| IRS990/LocalChaptersInd | 0 | 0 |
| IRS990/MaterialDiversionOrMisuseInd | 0 | 0 |
| IRS990/MembersAndShrGrossIncomeAmt | 0 | 1922837 |
| IRS990/MembersOrStockholdersInd | 0 | 1 |
| IRS990/MethodOfAccountingAccrualInd | 0 | X |
| IRS990/MinutesOfCommitteesInd | 0 | 1 |
| IRS990/MinutesOfGoverningBodyInd | 0 | 1 |
| IRS990/MissionDesc | 0 | AT FLOYDS KNOBS WATER COMPANY, INC., WE ARE COMMITTED TO PROVIDING SAFE, HIGH QUALITY WATER SERVICES TO OUR COMMUNITY, WHILE MAINTAINING A STANDARD OF EXCELLENCE IN CUSTOMER SERVICE AND ENVIRONMENTAL CONSERVATION. |
| IRS990/MoreThan5000KToIndividualsInd | 0 | 0 |
| IRS990/MoreThan5000KToOrgInd | 0 | 0 |
| IRS990/MortgNotesPyblScrdInvstPropGrp/BOYAmt | 0 | 3292985 |
| IRS990/MortgNotesPyblScrdInvstPropGrp/EOYAmt | 0 | 3065800 |
| IRS990/NetAssetsOrFundBalancesBOYAmt | 0 | 3204035 |
| IRS990/NetAssetsOrFundBalancesEOYAmt | 0 | 3328390 |
| IRS990/NetUnrelatedBusTxblIncmAmt | 0 | 0 |
| IRS990/NondeductibleContributionsInd | 0 | 0 |
| IRS990/OfficeExpensesGrp/TotalAmt | 0 | 21874 |
| IRS990/OfficerMailingAddressInd | 0 | 0 |
| IRS990/OperateHospitalInd | 0 | 0 |
| IRS990/Organization501cInd | 0 | X |
| IRS990/OrgDoesNotFollowFASB117Ind | 0 | X |
| IRS990/OtherAssetsTotalGrp/BOYAmt | 0 | 14063 |
| IRS990/OtherAssetsTotalGrp/EOYAmt | 0 | 27811 |
| IRS990/OtherChangesInNetAssetsAmt | 0 | 6500 |
| IRS990/OtherEmployeeBenefitsGrp/TotalAmt | 0 | 14742 |
| IRS990/OtherExpensesGrp/Desc | 0 | PURCHASED WATER |
| IRS990/OtherExpensesGrp/Desc | 1 | REPAIRS AND MAINTENANCE |
| IRS990/OtherExpensesGrp/Desc | 2 | MATERIALS AND SUPPLIES |
| IRS990/OtherExpensesGrp/Desc | 3 | UTILITIES |
| IRS990/OtherExpensesGrp/TotalAmt | 0 | 931060 |
| IRS990/OtherExpensesGrp/TotalAmt | 1 | 100911 |
| IRS990/OtherExpensesGrp/TotalAmt | 2 | 29892 |
| IRS990/OtherExpensesGrp/TotalAmt | 3 | 25267 |
| IRS990/OtherLiabilitiesGrp/BOYAmt | 0 | 3935239 |
| IRS990/OtherLiabilitiesGrp/EOYAmt | 0 | 4433223 |
| IRS990/OtherSalariesAndWagesGrp/TotalAmt | 0 | 160312 |
| IRS990/OtherSourcesGrossIncomeAmt | 0 | 28893 |
| IRS990/PartialLiquidationInd | 0 | 0 |
| IRS990/PayPremiumsPrsnlBnftCntrctInd | 0 | 0 |
| IRS990/PayrollTaxesGrp/TotalAmt | 0 | 18588 |
| IRS990/PdInCapSrplsLandBldgEqpFundGrp/BOYAmt | 0 | 0 |
| IRS990/PdInCapSrplsLandBldgEqpFundGrp/EOYAmt | 0 | 0 |
| IRS990/PoliticalCampaignActyInd | 0 | 0 |
| IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt | 0 | 24853 |
| IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt | 0 | 11938 |
| IRS990/PrincipalOfficerNm | 0 | RICK MORGAN |
| IRS990/ProfessionalFundraisingInd | 0 | 0 |
| IRS990/ProgramServiceRevenueGrp/BusinessCd | 0 | 221000 |
| IRS990/ProgramServiceRevenueGrp/BusinessCd | 1 | 221000 |
| IRS990/ProgramServiceRevenueGrp/Desc | 0 | METERED WATER REVENUE |
| IRS990/ProgramServiceRevenueGrp/Desc | 1 | OTHER WATER REVENUE |
| IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt | 0 | 1911949 |
| IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt | 1 | 10888 |
| IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt | 0 | 1911949 |
| IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt | 1 | 10888 |
| IRS990/ProhibitedTaxShelterTransInd | 0 | 0 |
| IRS990/PYBenefitsPaidToMembersAmt | 0 | 0 |
| IRS990/PYContributionsGrantsAmt | 0 | 0 |
| IRS990/PYGrantsAndSimilarPaidAmt | 0 | 0 |
| IRS990/PYInvestmentIncomeAmt | 0 | 20549 |
| IRS990/PYOtherExpensesAmt | 0 | 1431186 |
| IRS990/PYOtherRevenueAmt | 0 | 0 |
| IRS990/PYProgramServiceRevenueAmt | 0 | 1914138 |
| IRS990/PYRevenuesLessExpensesAmt | 0 | 225021 |
| IRS990/PYSalariesCompEmpBnftPaidAmt | 0 | 278480 |
| IRS990/PYTotalExpensesAmt | 0 | 1709666 |
| IRS990/PYTotalProfFndrsngExpnsAmt | 0 | 0 |
| IRS990/PYTotalRevenueAmt | 0 | 1934687 |
| IRS990/QuidProQuoContributionsInd | 0 | 0 |
| IRS990/RcvFndsToPayPrsnlBnftCntrctInd | 0 | 0 |
| IRS990/ReconcilationRevenueExpnssAmt | 0 | 117855 |
| IRS990/RelatedEntityInd | 0 | 0 |
| IRS990/RelatedOrganizationCtrlEntInd | 0 | 0 |
| IRS990/ReportInvestmentsOtherSecInd | 0 | 0 |
| IRS990/ReportLandBuildingEquipmentInd | 0 | 1 |
| IRS990/ReportOtherAssetsInd | 0 | 0 |
| IRS990/ReportOtherLiabilitiesInd | 0 | 1 |
| IRS990/ReportProgramRelatedInvstInd | 0 | 0 |
| IRS990/RtnEarnEndowmentIncmOthFndsGrp/BOYAmt | 0 | 2994570 |
| IRS990/RtnEarnEndowmentIncmOthFndsGrp/EOYAmt | 0 | 3112425 |
| IRS990/SavingsAndTempCashInvstGrp/BOYAmt | 0 | 1215525 |
| IRS990/SavingsAndTempCashInvstGrp/EOYAmt | 0 | 1358369 |
| IRS990/ScheduleBRequiredInd | 0 | 0 |
| IRS990ScheduleD/BuildingsGrp/BookValueAmt | 0 | 863543 |
| IRS990ScheduleD/BuildingsGrp/DepreciationAmt | 0 | 194603 |
| IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt | 0 | 1058146 |
| IRS990ScheduleD/EquipmentGrp/BookValueAmt | 0 | 74116 |
| IRS990ScheduleD/EquipmentGrp/DepreciationAmt | 0 | 518340 |
| IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt | 0 | 592456 |
| IRS990ScheduleD/ExpensesNotReportedAmt | 0 | 0 |
| IRS990ScheduleD/ExpensesNotRptFinclStmtAmt | 0 | 0 |
| IRS990ScheduleD/ExpensesSubtotalAmt | 0 | 1833875 |
| IRS990ScheduleD/FootnoteTextInd | 0 | X |
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| IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc | 0 | CONTRIBUTIONS IN AID OF CONSTRUCTION |
| IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc | 1 | LEASE LIABILITY |
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| IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt | 0 | THE UTILITY IS EXEMPT FROM FEDERAL INCOME TAXES UNDER SECTION 501(C)(12) OF THE INTERNAL REVENUE CODE. ACCORDINGLY, THE FINANCIAL STATEMENTS DO NOT INCLUDE A PROVISION FOR INCOME TAXES. THE UTILITY IS ALSO EXEMPT FROM THE INDIANA UTILITY RECEIPTS TAX UNDER IC 6-2.1-3-33. THE UTILITY HAS ADOPTED ASC TOPIC 740, INCOME TAXES, AS IT RELATES TO UNCERTAIN TAX POSITIONS. THE UTILITY IS NOT CURRENTLY BEING EXAMINED BY ANY TAX JURISDICTIONS AND MANAGEMENT BELIEVES ITS TAX-EXEMPT STATUS WOULD BE UPHELD UNDER EXAMINATION. NO PROVISION FOR UNCERTAIN TAX POSITIONS HAVE BEEN RECORDED AT DECEMBER 31, 2024. |
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| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 0 | FLOYDS KNOBS WATER CORPORATION, INC IS A COOPERATIVE OWNED BY APPROXIMATELY 2,500 MEMBERS |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 1 | ALL MEMBERS ARE ENTITLED TO VOTE FOR THE BOARD OF DIRECTORS AT ITS ANNUAL MEETING |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 2 | GOVERNANCE DECISIONS ARE SUBJECT TO APPROVAL BY THE GOVERNING BODY |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 3 | FORM 990 IS REVIEWED BY THE BOARD OF DIRECTORS PRIOR TO FILING WITH THE IRS |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 4 | A COMPENSATION COMMITTEE SETS ALL SALARIES FOR APPROVAL BY THE ENTIRE BOARD OF DIRECTORS. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 5 | ALL GOVERNING DOCUMENTS AND THE ANNUAL AUDITED FINANCIAL STATEMENTS ARE AVAILABLE UPON REQUEST. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 6 | INCREASE IN MEMBERSHIPS 6,500. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 7 | NO CHANGE FROM THE PRIOR YEAR |
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| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 2 | FORM 990, PART VI, SECTION A, LINE 7B |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 3 | FORM 990, PART VI, SECTION B, LINE 11B |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 4 | FORM 990, PART VI, SECTION B, LINE 15 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 5 | FORM 990, PART VI, SECTION C, LINE 19 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 6 | FORM 990, PART XI, LINE 9: |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 7 | FORM 990, PART XII, LINE 2C |
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| IRS990/USAddress/CityNm | 0 | FLOYDS KNOBS |
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| IRS990/WebsiteAddressTxt | 0 | WWW.FLOYDSKNOBSWATER.COM |
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| ReturnHeader/BuildTS | 0 | 2025-03-06 01:10:19Z |
| ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd | 0 | 1 |
| ReturnHeader/BusinessOfficerGrp/PersonNm | 0 | RICK MORGAN |
| ReturnHeader/BusinessOfficerGrp/PersonTitleTxt | 0 | PRESIDENT |
| ReturnHeader/BusinessOfficerGrp/PhoneNum | 0 | 8129239040 |
| ReturnHeader/BusinessOfficerGrp/SignatureDt | 0 | 2025-06-18 |
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| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt | 0 | PO BOX 1407 |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm | 0 | NEW ALBANY |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd | 0 | IN |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd | 0 | 471511407 |
| ReturnHeader/PreparerPersonGrp/PhoneNum | 0 | 8129452311 |
| ReturnHeader/PreparerPersonGrp/PreparerPersonNm | 0 | CHRISTOPHER M HAWKINS CPA |
| ReturnHeader/ReturnTs | 0 | 2025-06-25T07:14:03-05:00 |
| ReturnHeader/ReturnTypeCd | 0 | 990 |
| ReturnHeader/TaxPeriodBeginDt | 0 | 2024-01-01 |
| ReturnHeader/TaxPeriodEndDt | 0 | 2024-12-31 |
| ReturnHeader/TaxYr | 0 | 2024 |
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