Civic Intelligence

Fredensborg Estates Mutual Water Company

EIN 36-4946281 • 501(c)12 • Solvang, CA

NTEE W80

Profile

PROVIDE COMMUNITY WATER

PO Box 1506Solvang, CA 93463

n/A

Siviq Scores

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

Liabilities / Assets

82nd percentile

0.06x

Higher debt load relative to assets than 82% of similar nonprofits.

NTEE W • <$500k nonprofits • Source year 2025

Liabilities / Revenue

89th percentile

0.17x

Higher debt load relative to revenue than 89% of similar nonprofits.

NTEE W • <$500k nonprofits • Source year 2025

Net Margin

17th percentile

-19%

Higher net margin than 17% of similar nonprofits.

NTEE W • <$500k nonprofits • Source year 2025

Top Officer Pay

90th percentile

$0

Higher top officer pay than 90% of similar nonprofits.

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

NTEE W • <$500k nonprofits • Source year 2025

Asset Growth

39th percentile

-3.6%

Faster asset growth than 39% of similar nonprofits.

NTEE W • <$500k nonprofits • Annualized from 2024 to 2025

Revenue Growth

68th percentile

30%

Faster revenue growth than 68% of similar nonprofits.

NTEE W • <$500k nonprofits • Annualized from 2024 to 2025

Assets

Down

$48,644

Down $1,806 (-3.6%) from 2024

Liabilities

Up

$2,782

Up $1,212 (+77%) from 2024

Net Assets

Down

$45,862

Down $3,018 (-6.2%) from 2024

Revenue

Up

$16,128

Up $3,688 (+30%) from 2024

Expenses

Up

$19,146

Up $1,110 (+6.2%) from 2024

Net Income

Up

-$3,018

Up $2,578 (+46%) from 2024

Trend Graphs

Balance Sheet Trend

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

$60K$40K$20K$0Assets 2023: $56,434Liabilities 2023: $1,958Net Assets 2023: $54,4762023Assets 2024: $50,450Liabilities 2024: $1,570Net Assets 2024: $48,8802024Assets 2025: $48,644Liabilities 2025: $2,782Net Assets 2025: $45,8622025

Highlighted filing

2025

Assets$48,644
Liabilities$2,782
Net Assets$45,862

Operations Trend

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

$20K$10K$0-$10KRevenue 2023: $11,030Expenses 2023: $15,374Net Income 2023: -$4,3442023Revenue 2024: $12,440Expenses 2024: $18,036Net Income 2024: -$5,5962024Revenue 2025: $16,128Expenses 2025: $19,146Net Income 2025: -$3,0182025

Highlighted filing

2025

Revenue$16,128
Expenses$19,146
Net Income-$3,018

Filings

Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2025 to Dec 31, 2025
Signed
Apr 8, 2026
Return Version
2025v4.1
Gross Receipts
$16,128
Mission and Program Overview

Mission

PROVIDE COMMUNITY WATER

Program Services

DescriptionGrantsExpenses
PROVIDES DOMESTIC WELL SERVICE TO COMMUNITY OF 8 USERS.-$9,012
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
GREG ULRICKPresidentPT$0--
KAREN MACKAINSecretary-$0--
RICK ASHBURNDirector-$0--
BOB FIKESDirector-$0--
Filing and Contact Details

Filer

Filer Name
Fredensborg Estates Mutual Water Company
EIN
36-4946281
Phone
8058953497
Address
PO BOX 1506, SOLVANG, CA 93463

Signing Officer

Name
Greg Ulrick
Title
President
Signed
2026-04-08
Discuss with paid preparer
Yes

Preparer

Firm
Walker Wilson & Hughen
Address
1201-J East Ocean Avenue, Lompoc, CA 93436
Preparer
Beverly J Wilson CPA
Phone
8057367534
Supplemental Narrative

Additional Explanations

Other Expenses.1002

Office Expenses $610

Other Expenses.1009

Depreciation $3579

Other Expenses.1012

Insurance $3232

Other Expenses.1

UTILITIES $6174

Other Expenses.2

Repairs & maintenance $2116

Other Expenses.3

CA TAX $800

Other Expenses.4

POSTAGE $225

Other Assets.1003

Machinery and Equipment - Beginning $48559 Machinery and Equipment - Ending $44980

Other Assets.1005

Accounts Receivable - Beginning $1252 Accounts Receivable - Ending $448

Other Assets.1

PREPAID FACILITY FEE - Beginning $529 PREPAID FACILITY FEE - Ending $529

Total Liabilities.1001

Accounts Payable and Accrued Expenses - Beginning $131 Accounts Payable and Accrued Expenses - Ending $0

Total Liabilities.1

PREPAID ASSESSMENTS - Beginning $1439 PREPAID ASSESSMENTS - Ending $2782

Raw XML Appendix130 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.

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IRS990EZ/OperateHospitalInd0false
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IRS990EZ/OtherExpensesTotalAmt016736
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IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt09012
IRS990EZ/ProhibitedTaxShelterTransInd0false
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IRS990EZ/SubjectToProxyTaxInd0false
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IRS990EZ/TanningServicesProvidedInd0false
IRS990EZ/TaxImposedOnOrganizationMgrAmt00
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IRS990EZ/TaxImposedUnderIRC4912Amt00
IRS990EZ/TaxImposedUnderIRC4955Amt00
IRS990EZ/TaxReimbursedByOrganizationAmt00
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IRS990EZ/TotalProgramServiceExpensesAmt09012
IRS990EZ/TotalRevenueAmt016128
IRS990EZ/TransactionWithControlEntInd0false
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990EZ/WebsiteAddressTxt0N/A
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0Office Expenses $610
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1Depreciation $3579
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2Insurance $3232
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3UTILITIES $6174
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4REPAIRS & MAINTENANCE $2116
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5CA TAX $800
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6POSTAGE $225
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt8Accounts Receivable - Beginning $1252 Accounts Receivable - Ending $448
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt9PREPAID FACILITY FEE - Beginning $529 PREPAID FACILITY FEE - Ending $529
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IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc9Other Assets.1
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc10Total Liabilities.1001
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc11Total Liabilities.1
ReturnHeader/BuildTS02025-03-06 01:10:19Z
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ReturnHeader/Filer/EIN0364946281
ReturnHeader/Filer/PhoneNum08058953497
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ReturnHeader/PreparerPersonGrp/PhoneNum08057367534
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0BEVERLY J WILSON CPA
ReturnHeader/ReturnTs02026-04-08T10:15:03-07:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02025-01-01
ReturnHeader/TaxPeriodEndDt02025-12-31
ReturnHeader/TaxYr02025

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