Civic Intelligence

Kw Savings Co

990 • Fiscal year 2013 • EIN 45-1285216

Jan 01, 2013 to Dec 31, 2013 • Filed on May 15, 2014

808 Knox Abbott Drive29033-3311

(803) 779-4975

Siviq Scores

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

Liabilities / Assets

93rd percentile

0.98x

Higher debt load relative to assets than 93% of similar nonprofits.

2013 filings • 501(c)4 • $1M-$5M nonprofits • Source year 2013

Liabilities / Revenue

96th percentile

6.04x

Higher debt load relative to revenue than 96% of similar nonprofits.

2013 filings • 501(c)4 • $1M-$5M nonprofits • Source year 2013

Net Margin

50th percentile

6.0%

Higher net margin than 50% of similar nonprofits.

2013 filings • 501(c)4 • $1M-$5M nonprofits • Source year 2013

Top Officer Pay

58th percentile

$0

Higher top officer pay than 58% of similar nonprofits.

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

2013 filings • 501(c)4 • $1M-$5M nonprofits • Source year 2013

Asset Growth

95th percentile

67%

Faster asset growth than 95% of similar nonprofits.

2013 filings • 501(c)4 • $1M-$5M nonprofits • Annualized from 2012 to 2013

Revenue Growth

5th percentile

-37%

Faster revenue growth than 5% of similar nonprofits.

2013 filings • 501(c)4 • $1M-$5M nonprofits • Annualized from 2011 to 2013

Assets

Up

$2,092,448

Up $842,298 (+67%) from 2012

Net Assets

Up

$35,790

Up $20,512 (+134%) from 2012

Liabilities

Up

$2,056,658

Up $821,786 (+67%) from 2012

Revenue

$340,307

No earlier filing loaded for comparison.

Expenses

Down

$319,795

Down $255,753 (-44%) from 2012

Net Income

$20,512

No earlier filing loaded for comparison.

Historical Trend

Balance Sheet Trend

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

$6.0M$4.0M$2.0M$0Assets 2011: $871,153Liabilities 2011: $871,120Net Assets 2011: $332011Assets 2012: $1,250,150Liabilities 2012: $1,234,872Net Assets 2012: $15,2782012Assets 2013: $2,092,448Liabilities 2013: $2,056,658Net Assets 2013: $35,7902013Assets 2014: $2,346,004Liabilities 2014: $2,279,744Net Assets 2014: $66,2602014Assets 2015: $4,535,238Liabilities 2015: $4,438,813Net Assets 2015: $96,4252015Assets 2016: $5,240,049Liabilities 2016: $5,163,162Net Assets 2016: $76,8872016Assets 2017: $3,975,546Liabilities 2017: $3,860,765Net Assets 2017: $114,7812017Assets 2018: $3,588,445Liabilities 2018: $3,202,969Net Assets 2018: $385,4762018Assets 2019: $3,171,370Liabilities 2019: $2,837,570Net Assets 2019: $333,8002019Assets 2020: $3,216,929Liabilities 2020: $2,881,707Net Assets 2020: $335,2222020Assets 2021: $3,448,612Liabilities 2021: $3,150,081Net Assets 2021: $298,5312021Assets 2022: $3,668,894Liabilities 2022: $3,416,978Net Assets 2022: $251,9162022Assets 2023: $3,960,806Liabilities 2023: $3,630,931Net Assets 2023: $329,8752023Assets 2024: $4,024,145Liabilities 2024: $3,755,919Net Assets 2024: $268,2262024

Highlighted filing

2013

Assets$2,092,448
Liabilities$2,056,658
Net Assets$35,790

Operations Trend

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

$1.0M$500K$0-$500KRevenue 2011: $868,913Expenses 2011: $868,880Net Income 2011: $332011Expenses 2012: $575,5482012Revenue 2013: $340,307Expenses 2013: $319,795Net Income 2013: $20,5122013Revenue 2014: $158,016Expenses 2014: $123,244Net Income 2014: $34,7722014Revenue 2015: $154,555Expenses 2015: $124,390Net Income 2015: $30,1652015Revenue 2016: $120,506Expenses 2016: $140,044Net Income 2016: -$19,5382016Revenue 2017: $142,866Expenses 2017: $104,972Net Income 2017: $37,8942017Revenue 2018: $153,843Expenses 2018: $114,560Net Income 2018: $39,2832018Revenue 2019: $126,280Expenses 2019: $201,910Net Income 2019: -$75,6302019Revenue 2020: $119,011Expenses 2020: $117,589Net Income 2020: $1,4222020Revenue 2021: $138,618Expenses 2021: $175,309Net Income 2021: -$36,6912021Revenue 2022: $129,559Expenses 2022: $176,174Net Income 2022: -$46,6152022Revenue 2023: $155,254Expenses 2023: $77,295Net Income 2023: $77,9592023Revenue 2024: $99,904Expenses 2024: $74,766Net Income 2024: $25,1382024

Highlighted filing

2013

Revenue$340,307
Expenses$319,795
Net Income$20,512
Jump To
Filing Snapshot
Filing Period
Jan 1, 2013 to Dec 31, 2013
Signed
May 15, 2014
Return Version
2013v3.1
Gross Receipts
$340,307
Mission and Program Overview

Mission

To promote social welfare by financially supporting social programs directed toward improving the efficiency and conservation of energy by residents of the community and combating deterioration of residential housing in the community.

Balance Sheet Detail
LineBeginningEndChange
Assets
Other Notes and Loans Receivable, Net$1,137,762$1,918,435▲ $780,673
Cash and Non-Interest-Bearing Accounts$112,388$174,013▲ $61,625
Rtn Earn Endowment Incm Other Fnds$15,278$35,790▲ $20,512
Total Assets$1,250,150$2,092,448▲ $842,298
Liabilities
Other Liabilities-$1,347,491-
Unsecured Notes Loans Payable$740,000$709,167▼ $30,833
Deferred Revenue$494,872--
Total Liabilities$1,234,872$2,056,658▲ $821,786
Net Assets / Fund Balance
Total Net Assets Fund Balance$15,278$35,790▲ $20,512
Total Liabilities and Net Assets / Fund Balance$1,250,150$2,092,448▲ $842,298
Compensation and Service Providers

Board Members and Trustees

NameTitle
Marvin SoxPresident
Ronald CalcaterraVice President
Doug ReevesDirector
Floyd KeelsDirector
Gary StooksburyDirector
Mike CouickSecretary/treasurer

Highest Paid Contractors

ContractorServicesLocationCompensation
B&b Heating & CoolingProfessional Services-$312,647
Energy Logic LLCProfesssional Services-$191,667
Greenenergy HcProfessional Services-$153,215
Carolina Energy SaversProfessional Services-$119,190
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$296,423
Investment Income
$43,703
Other Revenue
$181
Change in Net Assets
$20,512
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$319,795
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Fees for Services Management$251,149$0$0$251,149
Advertising$12,500$0$0$12,500
Fees for Services Legal$3,828$0$0$3,828
Insurance$0$2,211$0$2,211
Fees for Services Accounting$299$0$0$299
Other Expenses$0$138$0$138
Total Functional Expenses$317,446$2,349$0$319,795
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Due to Coops$1,347,491
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Backup withholding compliance
Yes
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
No
Other officer compensation reviewed
No
Conflict-of-interest policy
No
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No
Filing and Contact Details

Filer

EIN
45-1285216
Phone
8037794975

Signing Officer

Name
Marvin Sox
Title
President
Phone
8037794975
Signed
2014-05-15

Organization Details

Principal Officer
Marvin Sox
Formed
2011
Legal Domicile
Sc
Voting Board Members
6
Independent Board Members
6
Employees
0
Volunteers
0
Supplemental Narrative

Additional Explanations

Pt VI, Line 2

Directors keel, reeves and stooksbury all serve as directors

Pt VI, Line 2

On the board of central electric power cooperative inc.

Pt VI, Line 2

Director calcaterra is the president and ceo of central

Pt VI, Line 2

Directors keel, reeves, sox, stooksbury and calcaterra

Pt VI, Line 2

Also serve on the board of the electric cooperatives of

Pt VI, Line 2

South carolina (statewide). Director keel is ceo of

Pt VI, Line 2

Santee electric cooperative and director stooksbury

Pt VI, Line 2

Is ceo of aiken electric cooperative. Both santee and

Pt VI, Line 2

Aiken electric cooperatives participate in providing

Pt VI, Line 2

Kws's services to their members. Director couick is the

Pt VI, Line 2

President and ceo of both the electric cooperatives of south

Pt VI, Line 2

Carolina and 1st cooperative federal credit union. 1st

Pt VI, Line 2

Cooperative provides loan documentation and filing

Pt VI, Line 2

Services related to low interest financing of energy

Pt VI, Line 2

EFFICIENCY IMPROVEMENTS.

Pt VI, Line 11B

A complete copy of the return was provided to each board

Pt VI, Line 11B

MEMBER.

Pt VI, Line 19

Kw savings co. Makes all these documents available upon

Pt VI, Line 19

WRITTEN REQUEST.

Form 990, Part III, Line 4D

Collect pre-energy and post-energy usage data 31745. 0. 34031.

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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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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0DIRECTORS KEEL, REEVES AND STOOKSBURY ALL SERVE AS DIRECTORS
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1ON THE BOARD OF CENTRAL ELECTRIC POWER COOPERATIVE INC.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2DIRECTOR CALCATERRA IS THE PRESIDENT AND CEO OF CENTRAL
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3DIRECTORS KEEL, REEVES, SOX, STOOKSBURY AND CALCATERRA
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4ALSO SERVE ON THE BOARD OF THE ELECTRIC COOPERATIVES OF
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5SOUTH CAROLINA (STATEWIDE). DIRECTOR KEEL IS CEO OF
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6SANTEE ELECTRIC COOPERATIVE AND DIRECTOR STOOKSBURY
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt7IS CEO OF AIKEN ELECTRIC COOPERATIVE. BOTH SANTEE AND
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt8AIKEN ELECTRIC COOPERATIVES PARTICIPATE IN PROVIDING
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt9KWS'S SERVICES TO THEIR MEMBERS. DIRECTOR COUICK IS THE
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt10PRESIDENT AND CEO OF BOTH THE ELECTRIC COOPERATIVES OF SOUTH
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt11CAROLINA AND 1ST COOPERATIVE FEDERAL CREDIT UNION. 1ST
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt12COOPERATIVE PROVIDES LOAN DOCUMENTATION AND FILING
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt13SERVICES RELATED TO LOW INTEREST FINANCING OF ENERGY
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt14EFFICIENCY IMPROVEMENTS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt15A COMPLETE COPY OF THE RETURN WAS PROVIDED TO EACH BOARD
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt16MEMBER.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt17KW SAVINGS CO. MAKES ALL THESE DOCUMENTS AVAILABLE UPON
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt18WRITTEN REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt19COLLECT PRE-ENERGY AND POST-ENERGY USAGE DATA 31745. 0. 34031.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Pt VI, Line 2
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Pt VI, Line 2
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Pt VI, Line 2
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IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc15Pt VI, Line 11b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc16Pt VI, Line 11b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc17Pt VI, Line 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc18Pt VI, Line 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc19Form 990, Part III, Line 4d
IRS990ScheduleR/AssetExchangeInd0false
IRS990ScheduleR/AssetPurchaseFromOtherOrgInd0false
IRS990ScheduleR/AssetSaleToOtherOrgInd0false
IRS990ScheduleR/DivRelatedOrganizationInd0false
IRS990ScheduleR/GiftGrntCapContriFromOthOrgInd0true
IRS990ScheduleR/GiftGrntOrCapContriToOthOrgInd0false
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd0false
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine10CENTRAL ELECTRIC POWER COOPERATIVE INC
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/EIN0570299350
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ExemptCodeSectionTxt0501C12
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/LegalDomicileStateCd0SC
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PrimaryActivitiesTxt0G&T COOPERATIVE
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/AddressLine10121 GREYSTONE BLVD
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/City0COLUMBIA
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/State0SC
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/ZIPCode029210
IRS990ScheduleR/LoansOrGuaranteesFromOthOrgInd0true
IRS990ScheduleR/LoansOrGuaranteesToOtherOrgInd0false
IRS990ScheduleR/PaidEmployeesSharingInd0false
IRS990ScheduleR/PerformOfServicesByOtherOrgInd0true
IRS990ScheduleR/PerformOfServicesForOthOrgInd0false
IRS990ScheduleR/ReceiptOfIntAnntsRntsRyltsInd0false
IRS990ScheduleR/ReimbursementPaidByOtherOrgInd0true
IRS990ScheduleR/ReimbursementPaidToOtherOrgInd0false
IRS990ScheduleR/RentalOfFacilitiesToOthOrgInd0false
IRS990ScheduleR/RentalOfFcltsFromOthOrgInd0false
IRS990ScheduleR/SharingOfFacilitiesInd0false
IRS990ScheduleR/TransactionsRelatedOrgGrp/InvolvedAmt084000
IRS990ScheduleR/TransactionsRelatedOrgGrp/InvolvedAmt1709167
IRS990ScheduleR/TransactionsRelatedOrgGrp/MethodOfAmountDeterminationTxt0CASH
IRS990ScheduleR/TransactionsRelatedOrgGrp/MethodOfAmountDeterminationTxt1CASH
IRS990ScheduleR/TransactionsRelatedOrgGrp/OtherOrganizationName/BusinessNameLine10CENTRAL ELECTRIC POWER COOPERATIVE INC
IRS990ScheduleR/TransactionsRelatedOrgGrp/OtherOrganizationName/BusinessNameLine11CENTRAL ELECTRIC POWER COOPERATIVE INC
IRS990ScheduleR/TransactionsRelatedOrgGrp/TransactionTypeTxt0c
IRS990ScheduleR/TransactionsRelatedOrgGrp/TransactionTypeTxt1e
IRS990ScheduleR/TransferFromOtherOrgInd0false
IRS990ScheduleR/TransferToOtherOrgInd0false
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/SubjectToProxyTaxInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TempOrPermanentEndowmentsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt01250150
IRS990/TotalAssetsEOYAmt02092448
IRS990/TotalAssetsGrp/BOYAmt01250150
IRS990/TotalAssetsGrp/EOYAmt02092448
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt02349
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0317446
IRS990/TotalFunctionalExpensesGrp/TotalAmt0319795
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt01234872
IRS990/TotalLiabilitiesEOYAmt02056658
IRS990/TotalLiabilitiesGrp/BOYAmt01234872
IRS990/TotalLiabilitiesGrp/EOYAmt02056658
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt015278
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt035790
IRS990/TotalOtherProgSrvcExpenseAmt031745
IRS990/TotalOtherProgSrvcRevenueAmt034031
IRS990/TotalProgramServiceExpensesAmt0317446
IRS990/TotalProgramServiceRevenueAmt0296423
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt0340307
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0340307
IRS990/TotalVolunteersCnt00
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt01250150
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt02092448
IRS990/TransactionWithControlEntInd0false
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/UnsecuredNotesLoansPayableGrp/BOYAmt0740000
IRS990/UnsecuredNotesLoansPayableGrp/EOYAmt0709167
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine10121 GREYSTONE BLVD
IRS990/USAddress/City0COLUMBIA
IRS990/USAddress/State0SC
IRS990/USAddress/ZIPCode029210
IRS990/VotingMembersGoverningBodyCnt06
IRS990/VotingMembersIndependentCnt06
IRS990/WebsiteAddressTxt0N/A
IRS990/WhistleblowerPolicyInd0false
ReturnHeader/BuildTS02015-11-30 17:44:51Z
ReturnHeader/BusinessOfficerGrp/PersonNm0MARVIN SOX
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT
ReturnHeader/BusinessOfficerGrp/PhoneNum08037794975
ReturnHeader/BusinessOfficerGrp/SignatureDt02014-05-15
ReturnHeader/Filer/BusinessName/BusinessNameLine10KW SAVINGS CO
ReturnHeader/Filer/BusinessNameControlTxt0KWSA
ReturnHeader/Filer/EIN0451285216
ReturnHeader/Filer/PhoneNum08037794975
ReturnHeader/Filer/USAddress/AddressLine10808 KNOX ABBOTT DRIVE
ReturnHeader/Filer/USAddress/City0CAYCE
ReturnHeader/Filer/USAddress/State0SC
ReturnHeader/Filer/USAddress/ZIPCode0290333311
ReturnHeader/ReturnTs02014-08-08T10:07:59-07:00

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$4.02$3.76$0.27$0.10$0.07$0.03
2023Detailed filing. Detailed filing data is available for this year.$3.96$3.63$0.33$0.16$0.08$0.08
2022Detailed filing. Detailed filing data is available for this year.$3.67$3.42$0.25$0.13$0.18$0.05
2021Detailed filing. Detailed filing data is available for this year.$3.45$3.15$0.30$0.14$0.18$0.04
2020Detailed filing. Detailed filing data is available for this year.$3.22$2.88$0.34$0.12$0.12$0.00
2019Detailed filing. Detailed filing data is available for this year.$3.17$2.84$0.33$0.13$0.20$0.08
2018Detailed filing. Detailed filing data is available for this year.$3.59$3.20$0.39$0.15$0.11$0.04
2017Detailed filing. Detailed filing data is available for this year.$3.98$3.86$0.11$0.14$0.10$0.04
2016Detailed filing. Detailed filing data is available for this year.$5.24$5.16$0.08$0.12$0.14$0.02
2015Detailed filing. Detailed filing data is available for this year.$4.54$4.44$0.10$0.15$0.12$0.03
2014Detailed filing. Detailed filing data is available for this year.$2.35$2.28$0.07$0.16$0.12$0.03
2013Detailed filing. Detailed filing data is available for this year.$2.09$2.06$0.04$0.34$0.32$0.02
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.25$1.23$0.02$0.58
2011Summary only. Only limited summary data is available for this year.$0.87$0.87$0.00$0.87$0.87$0.00