Civic Intelligence

Ridgewood Ledges Water Association

EIN 36-3946666 • 501(c)12 • Milan, IL

Profile

Water association management

2700 117th Ave WMilan, IL 61264

n/A

Siviq Scores

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

Liabilities / Assets

59th percentile

0.03x

Higher debt load relative to assets than 59% of similar nonprofits.

501(c)12 • <$500k nonprofits • Source year 2025

Liabilities / Revenue

53rd percentile

0.02x

Higher debt load relative to revenue than 53% of similar nonprofits.

501(c)12 • <$500k nonprofits • Source year 2025

Net Margin

75th percentile

22%

Higher net margin than 75% of similar nonprofits.

501(c)12 • <$500k nonprofits • Source year 2025

Top Officer Pay

90th percentile

$7,770

Higher top officer pay than 90% of similar nonprofits.

Top officer pay equals 14.5% of source-year revenue.

501(c)12 • <$500k nonprofits • Source year 2025

Asset Growth

98th percentile

132%

Faster asset growth than 98% of similar nonprofits.

501(c)12 • <$500k nonprofits • Annualized from 2024 to 2025

Revenue Growth

84th percentile

28%

Faster revenue growth than 84% of similar nonprofits.

501(c)12 • <$500k nonprofits • Annualized from 2024 to 2025

Balance Sheet
Liabilities / Assets59th percentile

Assets

Up

$47,772

Up $27,147 (+132%) from 2024

Liabilities

$1,217

No earlier filing loaded for comparison.

Net Assets

Up

$46,555

Up $25,930 (+126%) from 2024

Operations
Liabilities / Revenue53rd percentileNet Margin75th percentile

Revenue

Up

$53,416

Up $11,565 (+28%) from 2024

Expenses

Down

$41,474

Down $104,415 (-72%) from 2024

Net Income

Up

$11,942

Up $115,980 (+111%) from 2024

Trend Graphs

Balance Sheet Trend

Asset Growth98th percentile

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

$150K$100K$50K$0Assets 2022: $125,336Net Assets 2022: $125,3362022Assets 2023: $124,663Net Assets 2023: $124,6632023Assets 2024: $20,625Net Assets 2024: $20,6252024Assets 2025: $47,772Liabilities 2025: $1,217Net Assets 2025: $46,5552025

Highlighted filing

2025

Assets$47,772
Liabilities$1,217
Net Assets$46,555
Open 2025 Filing

Operations Trend

Revenue Growth84th percentile

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

$200K$100K$0-$100K-$200KRevenue 2022: $35,844Expenses 2022: $38,446Net Income 2022: -$2,6022022Revenue 2023: $40,337Expenses 2023: $41,010Net Income 2023: -$6732023Revenue 2024: $41,851Expenses 2024: $145,889Net Income 2024: -$104,0382024Revenue 2025: $53,416Expenses 2025: $41,474Net Income 2025: $11,9422025

Highlighted filing

2025

Revenue$53,416
Expenses$41,474
Net Income$11,942
Open 2025 Filing

Filings

Most recent year

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

Open filing
Assets
$47,772
Liabilities
$1,217
Net assets
$46,555
Revenue
$53,416
Expenses
$41,474
Net income
$11,942
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Detailed filing. Detailed filing data is available for this year.$0.48$0.01$0.47$0.53$0.41$0.12
2024Detailed filing. Detailed filing data is available for this year.$0.21$0.21$0.42$1.46$1.04
2023Detailed filing. Detailed filing data is available for this year.$1.25$1.25$0.40$0.41$0.01
2022Detailed filing. Detailed filing data is available for this year.$1.25$1.25$0.36$0.38$0.03
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jul 1, 2024 to Jun 30, 2025
Signed
Aug 28, 2025
Return Version
2024v5.2
Gross Receipts
$53,416
Mission and Program Overview

Mission

Water association management

Program Services

DescriptionGrantsExpenses
WATER MANAGEMENT$0-
NO GRANTS RECEIVED--
Compensation and Service Providers
Top Officer Pay90th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
MARTIN FRATZKESec/TreasurerPT$7,770-$7,770
HARRY HARTPresident-$0--
DAVID TEMPLETrustee-$0--
ANTHONY McCRACKENTrustee-$0--
ELDON WHITETrustee-$0--
Filing and Contact Details

Filer

Filer Name
Ridgewood Ledges Water Association
EIN
36-3946666
Phone
3097878314
Address
2700 117TH AVE W, MILAN, IL 61264

Signing Officer

Name
Martin Fratzke
Title
Sec/treasurer
Phone
3097878314
Signed
2025-08-28
Discuss with paid preparer
Yes

Preparer

Firm
Tebockhorst Accounting
Address
917 26TH ST, MOLINE, IL 61265
Preparer
Pennie Tebockhorst
Phone
3097640034
Supplemental Narrative

Additional Explanations

Pt III, Line 31

“NO GRANTS RECEIVED”

Form 990EZ, Part I, Line 16

“CHEMICALS 4482.”

Form 990EZ, Part I, Line 16

“INSURANCE 649.”

Form 990EZ, Part I, Line 16

“LABOR 1630.”

Form 990EZ, Part I, Line 16

“MEMBERSHIP EXPENSES 72.”

Form 990EZ, Part I, Line 16

“OPERATOR EXPENSES 13125.”

Form 990EZ, Part I, Line 16

“SUPPLIES 138.”

Form 990EZ, Part I, Line 16

“TESTING 93.”

Form 990EZ, Part I, Line 16

“FILING FEE 10.”

Form 990EZ, Part I, Line 16

“REAL ESTATE TAXES 1265.”

Raw XML Appendix145 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
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IRS990EZ/BooksInCareOfDetail/PersonNm0MARTIN FRATZKE
IRS990EZ/BooksInCareOfDetail/PhoneNum03097878314
IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt02622 116TH AVE W
IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0MILAN
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0IL
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd061264
IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt015122
IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt028281
IRS990EZ/ChgMadeToOrgnzngDocNotRptInd0false
IRS990EZ/ContributionsGiftsGrantsEtcAmt053413
IRS990EZ/CostOfGoodsSoldAmt00
IRS990EZ/CostOrOtherBasisExpenseSaleAmt00
IRS990EZ/DonorAdvisedFndsInd0false
IRS990EZ/ExcessOrDeficitForYearAmt011942
IRS990EZ/FeesAndOtherPymtToIndCntrctAmt0442
IRS990EZ/ForeignFinancialAccountInd0false
IRS990EZ/ForeignOfficeInd0false
IRS990EZ/Form1120PolFiledInd0false
IRS990EZ/Form990TotalAssetsGrp/BOYAmt034613
IRS990EZ/Form990TotalAssetsGrp/EOYAmt047772
IRS990EZ/FundraisingGrossIncomeAmt00
IRS990EZ/GainOrLossFromSaleOfAssetsAmt00
IRS990EZ/GrossProfitLossSlsOfInvntryAmt00
IRS990EZ/GrossReceiptsAmt053416
IRS990EZ/GrossReceiptsForPublicUseAmt00
IRS990EZ/InfoInScheduleOPartIIIInd0X
IRS990EZ/InfoInScheduleOPartIInd0X
IRS990EZ/InitiationFeesAndCapContriAmt00
IRS990EZ/InvestmentIncomeAmt03
IRS990EZ/LandAndBuildingsGrp/BOYAmt019491
IRS990EZ/LandAndBuildingsGrp/EOYAmt019491
IRS990EZ/MadeLoansToFromOfficersInd0false
IRS990EZ/MembershipDuesAmt00
IRS990EZ/MethodOfAccountingCashInd0X
IRS990EZ/NetAssetsOrFundBalancesBOYAmt034613
IRS990EZ/NetAssetsOrFundBalancesEOYAmt046555
IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt034613
IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt046555
IRS990EZ/OccupancyRentUtltsAndMaintAmt010123
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt04.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt110.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt21.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt31.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt41.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt17770
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt30
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt40
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt30
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt40
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt30
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt40
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0HARRY HART
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm1MARTIN FRATZKE
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm2DAVID TEMPLE
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm3ANTHONY McCRACKEN
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm4ELDON WHITE
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0PRESIDENT
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1SEC/TREASURER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2TRUSTEE
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt3TRUSTEE
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt4TRUSTEE
IRS990EZ/OperateHospitalInd0false
IRS990EZ/Organization501cInd0X
IRS990EZ/OrganizationDissolvedEtcInd0false
IRS990EZ/OrganizationHadUBIInd0false
IRS990EZ/OtherExpensesTotalAmt021464
IRS990EZ/PrimaryExemptPurposeTxt0WATER ASSOCIATION MANAGEMENT
IRS990EZ/PrintingPublicationsPostageAmt01675
IRS990EZ/ProgramServiceRevenueAmt00
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0WATER MANAGEMENT
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt1NO GRANTS RECEIVED
IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt00
IRS990EZ/ProhibitedTaxShelterTransInd0false
IRS990EZ/RelatedOrganizationCtrlEntInd0false
IRS990EZ/SalariesOtherCompEmplBnftAmt07770
IRS990EZ/ScheduleBNotRequiredInd0X
IRS990EZ/SpecialEventsDirectExpensesAmt00
IRS990EZ/SpecialEventsNetIncomeLossAmt00
IRS990EZ/SubjectToProxyTaxInd0false
IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt01217
IRS990EZ/TanningServicesProvidedInd0false
IRS990EZ/TotalExpensesAmt041474
IRS990EZ/TotalRevenueAmt053416
IRS990EZ/TransactionWithControlEntInd0false
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990EZ/WebsiteAddressTxt0N/A
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0NO GRANTS RECEIVED
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1CHEMICALS 4482.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2INSURANCE 649.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3LABOR 1630.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4MEMBERSHIP EXPENSES 72.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5OPERATOR EXPENSES 13125.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6SUPPLIES 138.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt7TESTING 93.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt8FILING FEE 10.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt9REAL ESTATE TAXES 1265.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Pt III, Line 31
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990EZ, Part I, Line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Form 990EZ, Part I, Line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Form 990EZ, Part I, Line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Form 990EZ, Part I, Line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5Form 990EZ, Part I, Line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6Form 990EZ, Part I, Line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc7Form 990EZ, Part I, Line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc8Form 990EZ, Part I, Line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc9Form 990EZ, Part I, Line 16
ReturnHeader/BuildTS02025-03-06 01:10:19Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0MARTIN FRATZKE
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0SEC/TREASURER
ReturnHeader/BusinessOfficerGrp/PhoneNum03097878314
ReturnHeader/BusinessOfficerGrp/SignatureDt02025-08-28
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0RIDGEWOOD LEDGES WATER ASSOCIATION
ReturnHeader/Filer/BusinessNameControlTxt0RIDG
ReturnHeader/Filer/EIN0363946666
ReturnHeader/Filer/PhoneNum03097878314
ReturnHeader/Filer/USAddress/AddressLine1Txt02700 117TH AVE W
ReturnHeader/Filer/USAddress/CityNm0MILAN
ReturnHeader/Filer/USAddress/StateAbbreviationCd0IL
ReturnHeader/Filer/USAddress/ZIPCd061264
ReturnHeader/IRSResponsiblePrtyInfoCurrInd0true
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0363682059
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0TEBOCKHORST ACCOUNTING
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0917 26TH ST
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0MOLINE
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0IL
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd061265
ReturnHeader/PreparerPersonGrp/PhoneNum03097640034
ReturnHeader/PreparerPersonGrp/PreparationDt02025-09-08
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0PENNIE TEBOCKHORST
ReturnHeader/PreparerPersonGrp/SelfEmployedInd0X
ReturnHeader/ReturnTs02025-10-04T05:45:07-07:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02024-07-01
ReturnHeader/TaxPeriodEndDt02025-06-30
ReturnHeader/TaxYr02024

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