Civic Intelligence

Kingbrook Rural Water System Inc

990 • Fiscal year 2018 • EIN 46-0322961

Jan 01, 2018 to Dec 31, 2018 • Filed on Mar 06, 2019

Organization ProfileN/A
PO Box 299Arlington, SD 57212

(605) 983-5074

Siviq Scores

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

Liabilities / Assets

41st percentile

0.48x

Higher debt load relative to assets than 41% of similar nonprofits.

2018 filings • 501(c)12 • $25M-$50M nonprofits • Source year 2018

Liabilities / Revenue

93rd percentile

4.29x

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

2018 filings • 501(c)12 • $25M-$50M nonprofits • Source year 2018

Net Margin

81st percentile

11%

Higher net margin than 81% of similar nonprofits.

2018 filings • 501(c)12 • $25M-$50M nonprofits • Source year 2018

Top Officer Pay

23rd percentile

$132,973

Higher top officer pay than 23% of similar nonprofits.

Top officer pay equals 2.5% of source-year revenue.

2018 filings • 501(c)12 • $25M-$50M nonprofits • Source year 2018

Asset Growth

97th percentile

19%

Faster asset growth than 97% of similar nonprofits.

2018 filings • 501(c)12 • $25M-$50M nonprofits • Annualized from 2017 to 2018

Revenue Growth

3rd percentile

-8.5%

Faster revenue growth than 3% of similar nonprofits.

2018 filings • 501(c)12 • $25M-$50M nonprofits • Annualized from 2017 to 2018

Balance Sheet
Liabilities / Assets41st percentile

Assets

Up

$47,000,843

Up $7,621,917 (+19%) from 2017

Net Assets

Up

$24,610,841

Up $589,118 (+2.5%) from 2017

Liabilities

Up

$22,390,002

Up $7,032,799 (+46%) from 2017

Revenue And Expenses
Liabilities / Revenue93rd percentileNet Margin81st percentile

Revenue

Down

$5,218,714

Down $486,773 (-8.5%) from 2017

Expenses

Down

$4,629,596

Down $151,632 (-3.2%) from 2017

Net Income

Down

$589,118

Down $335,141 (-36%) from 2017

Historical Trend

Balance Sheet Trend

Asset Growth97th percentile

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

$100M$50M$0Assets 2011: $36,011,942Liabilities 2011: $18,368,788Net Assets 2011: $17,643,1542011Assets 2012: $37,043,050Liabilities 2012: $17,249,378Net Assets 2012: $19,793,6722012Assets 2013: $36,421,117Liabilities 2013: $16,523,296Net Assets 2013: $19,897,8212013Assets 2014: $36,247,725Liabilities 2014: $15,704,064Net Assets 2014: $20,543,6612014Assets 2015: $38,627,193Liabilities 2015: $16,307,718Net Assets 2015: $22,319,4752015Assets 2016: $38,276,814Liabilities 2016: $15,179,350Net Assets 2016: $23,097,4642016Assets 2017: $39,378,926Liabilities 2017: $15,357,203Net Assets 2017: $24,021,7232017Assets 2018: $47,000,843Liabilities 2018: $22,390,002Net Assets 2018: $24,610,8412018Assets 2019: $50,059,089Liabilities 2019: $23,920,789Net Assets 2019: $26,138,3002019Assets 2020: $50,727,730Liabilities 2020: $23,450,940Net Assets 2020: $27,276,7902020Assets 2021: $51,752,105Liabilities 2021: $22,992,102Net Assets 2021: $28,760,0032021Assets 2022: $59,675,886Liabilities 2022: $26,764,756Net Assets 2022: $32,911,1302022Assets 2023: $65,246,493Liabilities 2023: $26,799,641Net Assets 2023: $38,446,8522023Assets 2024: $86,158,759Liabilities 2024: $29,679,753Net Assets 2024: $56,479,0062024

Highlighted filing

2018

Assets$47,000,843
Liabilities$22,390,002
Net Assets$24,610,841
Open 2018 Filing

Operations Trend

Revenue Growth3rd percentile

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

$30M$20M$10M$0Expenses 2011: $3,655,4782011Expenses 2012: $3,834,8942012Revenue 2013: $4,077,608Expenses 2013: $3,973,459Net Income 2013: $104,1492013Revenue 2014: $4,810,040Expenses 2014: $4,164,200Net Income 2014: $645,8402014Revenue 2015: $6,097,788Expenses 2015: $4,321,974Net Income 2015: $1,775,8142015Revenue 2016: $5,387,350Expenses 2016: $4,609,361Net Income 2016: $777,9892016Revenue 2017: $5,705,487Expenses 2017: $4,781,228Net Income 2017: $924,2592017Revenue 2018: $5,218,714Expenses 2018: $4,629,596Net Income 2018: $589,1182018Revenue 2019: $6,671,712Expenses 2019: $5,144,253Net Income 2019: $1,527,4592019Revenue 2020: $6,866,575Expenses 2020: $5,728,085Net Income 2020: $1,138,4902020Revenue 2021: $7,687,381Expenses 2021: $6,204,168Net Income 2021: $1,483,2132021Revenue 2022: $10,793,043Expenses 2022: $6,641,916Net Income 2022: $4,151,1272022Revenue 2023: $12,480,485Expenses 2023: $6,944,763Net Income 2023: $5,535,7222023Revenue 2024: $24,885,510Expenses 2024: $6,853,356Net Income 2024: $18,032,1542024

Highlighted filing

2018

Revenue$5,218,714
Expenses$4,629,596
Net Income$589,118
Open 2018 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2018 to Dec 31, 2018
Signed
Mar 6, 2019
Return Version
2018v3.1
Gross Receipts
$5,225,906
Mission and Program Overview

Mission

Sale of water to members in Hamlin, Clark, Kingsbury, Brookings, Lake, Moody, Miner, Minnehaha, Beadle, Sanborn and McCook counties in South Dakota.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$35,305,553$42,580,402▲ $7,274,849
Cash and Non-Interest-Bearing Accounts$796,575$1,202,138▲ $405,563
Accounts Receivable$385,005$390,183▲ $5,178
Savings and Temporary Cash Investments$381,782$340,564▼ $41,218
Inventories for Sale or Use$357,831$299,329▼ $58,502
Prepaid Expenses and Deferred Charges$68,049$57,400▼ $10,649
Other Notes and Loans Receivable, Net-$0-
Pledges and Grants Receivable-$0-
Receivable From Disqualified Prsn-$0-
Receivables From Officers Etc-$0-
Investments Other Securities-$0-
Investments Program Related-$0-
Investments in Publicly Traded Securities-$0-
Intangible Assets-$0-
Total Assets$39,378,926$47,000,843▲ $7,621,917
Other Assets Total$2,084,131$2,130,827▲ $46,696
Liabilities
Mortgage Notes Payable Secured by Investment Property$15,047,706$22,102,397▲ $7,054,691
Accounts Payable and Accrued Expenses$160,970$139,973▼ $20,997
Other Liabilities$123,451$120,100▼ $3,351
Deferred Revenue$25,076$27,532▲ $2,456
Total Liabilities$15,357,203$22,390,002▲ $7,032,799
Net Assets / Fund Balance
Unrestricted Net Assets$23,153,504$23,701,405▲ $547,901
Temporarily Rstr Net Assets$868,219$909,436▲ $41,217
Total Net Assets Fund Balance$24,021,723$24,610,841▲ $589,118
Total Liabilities and Net Assets / Fund Balance$39,378,926$47,000,843▲ $7,621,917

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$30,882,882$30,026,654$60,909,536
Other Land Buildings$9,031,488$91,121$9,122,609
Land$2,510,216-$2,510,216
Buildings$155,816$207,046$362,862
Compensation and Service Providers
Top Officer Pay23rd percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
Randy JencksManagerFT$125,437$7,536$132,973
Dale ThompsonDirector-$7,736-$7,736
Marvin AntonenChairman-$6,970-$6,970
Norman AndenasVice Chairman-$5,491-$5,491
Rodney StormoDirector-$5,288-$5,288
Scott TolzinSec/Treasurer-$5,028-$5,028
Doyle RenaasDirector-$4,435-$4,435
Travis SteffensenDirector-$4,034-$4,034
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$4,852,835
Investment Income
$11,314
Other Revenue
$354,565
Change in Net Assets
$589,118

Audited Revenue Reconciliation

Revenue per Audited Statements
$5,218,714
Total Revenue per Audited Statements
$5,218,714
Total Revenue per Form 990
$5,218,714
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$3,513,309
Salaries, Compensation, and Employee Benefits$1,116,287
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Depreciation Depletion---$1,668,919
Other Salaries and Wages---$609,948
Interest---$499,610
Other Employee Benefits---$276,382
All Other Expenses---$229,669
Current Officers, Directors, Trustees, and Key Employees---$171,955
Other Expenses---$67,705
Payroll Taxes---$58,002
Fees for Services Legal---$57,014
Fees for Services Accounting---$29,989
Office Expenses---$21,721
Travel---$9,360
Total Functional Expenses$0$0$0$4,629,596

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$4,629,596
Total Expenses per Audited Statements$4,629,596
Total Expenses per Form 990$4,629,596
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
Subject to proxy tax
No
Insider Transactions and Loans

Loans and Receivables

Line ItemBeginningEndChange
Receivables from Disqualified Persons-$0-
Receivables from Officers, Directors, Trustees, and Key Employees-$0-
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Member Deposits$120,100
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
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
Yes
Other officer compensation reviewed
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
Yes
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Line 6: Explanation of Classes of Members or Shareholder

“Membership in the corporation is limited to system users and is further defined in the organization's by-laws.”

Form 990, Part VI, Line 7A: How Members or Shareholders Elect Governing Body

“Members of the Organization elect directors at the annual meeting.”

Form 990, Part VI, Line 7B: Describe Decisions of Governing Body Approval by Members or Shareholders

“Any business conducted at the annual meeting, such as approving the auditor's report and reading of the prior minutes.”

Form 990, Part VI, Line 11B: Form 990 Review Process

“The financial statements and tax returns are submitted to the Board of Directors for review and approval, which may or may not occur prior to the filing of the completed tax returns.”

Form 990, Part VI, Line 12C: Explanation of Monitoring and Enforcement of Conflicts

“The organization monitors and enforces any conflicts that may arise.”

Form 990, Part VI, Line 15A: Compensation Review & Approval Process - CEO, Top Management

“The board reviews the general manager's performance and sets compensation. They monitor amounts paid to similar positions within the industry.”

Form 990, Part VI, Line 19: Other Organization Documents Publicly Available

“The organization makes its governing documents, conflict of interest policy, and financial statements available to the public upon request.”

Filing and Contact Details

Filer

Filer Name
Kingbrook Rural Water System Inc
EIN
46-0322961
Phone
6059835074
Address
PO Box 299, Arlington, SD 57212

Signing Officer

Name
Randy Jencks
Title
Manager
Signed
2019-03-06
Discuss with paid preparer
Yes

Organization Details

Formed
1975
Legal Domicile
Sd
Voting Board Members
7
Independent Board Members
7
Employees
19

Preparer

Firm
Kinner & Company Ltd
Address
404 3rd Ave PO Box 690, Brookings, SD 57006
Preparer
Nathan Kinner
Phone
6056922515
Raw XML AppendixShowing 400 of 411 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
IRS990/AccountantCompileOrReviewInd0false
IRS990/AccountsPayableAccrExpnssGrp/BOYAmt0160970
IRS990/AccountsPayableAccrExpnssGrp/EOYAmt0139973
IRS990/AccountsReceivableGrp/BOYAmt0385005
IRS990/AccountsReceivableGrp/EOYAmt0390183
IRS990/ActivitiesConductedPrtshpInd0false
IRS990/ActivityOrMissionDesc0Sale of water to members in Hamlin, Clark, Kingsbury, Brookings, Lake, Moody, Miner, Minnehaha, Beadle, Sanborn and McCook counties in South Dakota.
IRS990/AdvertisingGrp/TotalAmt00
IRS990/AllAffiliatesIncludedInd0false
IRS990/AllOtherExpensesGrp/TotalAmt0229669
IRS990/AnnualDisclosureCoveredPrsnInd0true
IRS990/AuditCommitteeInd0false
IRS990/BackupWthldComplianceInd0true
IRS990/BenefitsToMembersGrp/TotalAmt00
IRS990/BooksInCareOfDetail/PersonNm0Jolene King
IRS990/BooksInCareOfDetail/PhoneNum06059835074
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt0PO Box 299
IRS990/BooksInCareOfDetail/USAddress/CityNm0Arlington
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0SD
IRS990/BooksInCareOfDetail/USAddress/ZIPCd057212
IRS990/BusinessRlnWithFamMemInd0false
IRS990/BusinessRlnWithOfficerEntInd0false
IRS990/BusinessRlnWithOrgMemInd0false
IRS990/CashNonInterestBearingGrp/BOYAmt0796575
IRS990/CashNonInterestBearingGrp/EOYAmt01202138
IRS990/ChangeToOrgDocumentsInd0false
IRS990/CntrctRcvdGreaterThan100KCnt00
IRS990/CollectionsOfArtInd0false
IRS990/CompCurrentOfcrDirectorsGrp/TotalAmt0171955
IRS990/CompDisqualPersonsGrp/TotalAmt00
IRS990/CompensationFromOtherSrcsInd0false
IRS990/CompensationProcessCEOInd0true
IRS990/CompensationProcessOtherInd0false
IRS990/ConferencesMeetingsGrp/TotalAmt00
IRS990/ConflictOfInterestPolicyInd0true
IRS990/ConservationEasementsInd0false
IRS990/ConsolidatedAuditFinclStmtInd0false
IRS990/CreditCounselingInd0false
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt00
IRS990/CYGrantsAndSimilarPaidAmt00
IRS990/CYInvestmentIncomeAmt011314
IRS990/CYOtherExpensesAmt03513309
IRS990/CYOtherRevenueAmt0354565
IRS990/CYProgramServiceRevenueAmt04852835
IRS990/CYRevenuesLessExpensesAmt0589118
IRS990/CYSalariesCompEmpBnftPaidAmt01116287
IRS990/CYTotalExpensesAmt04629596
IRS990/CYTotalFundraisingExpenseAmt00
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt05218714
IRS990/DAFExcessBusinessHoldingsInd0false
IRS990/DecisionsSubjectToApprovaInd0true
IRS990/DeductibleArtContributionInd0false
IRS990/DeductibleNonCashContriInd0false
IRS990/DeferredRevenueGrp/BOYAmt025076
IRS990/DeferredRevenueGrp/EOYAmt027532
IRS990/DelegationOfMgmtDutiesInd0false
IRS990/DepreciationDepletionGrp/TotalAmt01668919
IRS990/Desc0Kingbrook Rural Water System, Inc. was established to acquire, construct, maintain and operate a system for the diversion, supply, storage, and distribution of high quality water to members.
IRS990/DescribedInSection501c3Ind0false
IRS990/DisregardedEntityInd0false
IRS990/DistributionToDonorInd0false
IRS990/DocumentRetentionPolicyInd0true
IRS990/DonorAdvisedFundInd0false
IRS990/ElectionOfBoardMembersInd0true
IRS990/EmployeeCnt019
IRS990/EmploymentTaxReturnsFiledInd0true
IRS990/EscrowAccountInd0false
IRS990/FamilyOrBusinessRlnInd0false
IRS990/FederalGrantAuditRequiredInd0false
IRS990/FeesForServicesAccountingGrp/TotalAmt029989
IRS990/FeesForServicesLegalGrp/TotalAmt057014
IRS990/FeesForServicesLobbyingGrp/TotalAmt00
IRS990/FeesForServicesManagementGrp/TotalAmt00
IRS990/FeesForServicesOtherGrp/TotalAmt00
IRS990/FeesForServicesProfFundraising/TotalAmt00
IRS990/FeesForSrvcInvstMgmntFeesGrp/TotalAmt00
IRS990/ForeignActivitiesInd0false
IRS990/ForeignFinancialAccountInd0false
IRS990/ForeignGrantsGrp/TotalAmt00
IRS990/ForeignOfficeInd0false
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt00.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt10.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt20.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt30.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt40.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt50.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt60.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt70.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt01.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt11.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt21.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt31.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt41.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt51.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt61.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt740.00
IRS990/Form990PartVIISectionAGrp/HighestCompensatedEmployeeInd0X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd0X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd1X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd2X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd3X
IRS990/Form990PartVIISectionAGrp/OfficerInd0X
IRS990/Form990PartVIISectionAGrp/OfficerInd1X
IRS990/Form990PartVIISectionAGrp/OfficerInd2X
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt00
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt10
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt20
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt30
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt40
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt50
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt60
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt70
IRS990/Form990PartVIISectionAGrp/PersonNm0Doyle Renaas
IRS990/Form990PartVIISectionAGrp/PersonNm1Rodney Stormo
IRS990/Form990PartVIISectionAGrp/PersonNm2Dale Thompson
IRS990/Form990PartVIISectionAGrp/PersonNm3Travis Steffensen
IRS990/Form990PartVIISectionAGrp/PersonNm4Norman Andenas
IRS990/Form990PartVIISectionAGrp/PersonNm5Marvin Antonen
IRS990/Form990PartVIISectionAGrp/PersonNm6Scott Tolzin
IRS990/Form990PartVIISectionAGrp/PersonNm7Randy Jencks
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt04435
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt15288
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt27736
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt34034
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt45491
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt56970
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt65028
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt7125437
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt77536
IRS990/Form990PartVIISectionAGrp/TitleTxt0Director
IRS990/Form990PartVIISectionAGrp/TitleTxt1Director
IRS990/Form990PartVIISectionAGrp/TitleTxt2Director
IRS990/Form990PartVIISectionAGrp/TitleTxt3Director
IRS990/Form990PartVIISectionAGrp/TitleTxt4Vice Chairman
IRS990/Form990PartVIISectionAGrp/TitleTxt5Chairman
IRS990/Form990PartVIISectionAGrp/TitleTxt6Sec/Treasurer
IRS990/Form990PartVIISectionAGrp/TitleTxt7Manager
IRS990/Form990ProvidedToGvrnBodyInd0true
IRS990/Form990TFiledInd0false
IRS990/FormationYr01975
IRS990/FormerOfcrEmployeesListedInd0false
IRS990/FSAuditedBasisGrp/SeparateBasisFinclStmtInd0X
IRS990/FSAuditedInd0true
IRS990/FundraisingActivitiesInd0false
IRS990/GainOrLossGrp/OtherAmt0-7192
IRS990/GamingActivitiesInd0false
IRS990/GoverningBodyVotingMembersCnt07
IRS990/GrantsToDomesticIndividualsGrp/TotalAmt00
IRS990/GrantsToDomesticOrgsGrp/TotalAmt00
IRS990/GrantsToIndividualsInd0false
IRS990/GrantsToOrganizationsInd0false
IRS990/GrantToRelatedPersonInd0false
IRS990/GrossReceiptsAmt05225906
IRS990/GroupReturnForAffiliatesInd0false
IRS990/IncludeFIN48FootnoteInd0false
IRS990/IncmFromInvestBondProceedsGrp/TotalRevenueColumnAmt00
IRS990/IndependentAuditFinclStmtInd0true
IRS990/IndependentVotingMemberCnt07
IRS990/IndivRcvdGreaterThan100KCnt01
IRS990/IndoorTanningServicesInd0false
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InformationTechnologyGrp/TotalAmt00
IRS990/InsuranceGrp/TotalAmt00
IRS990/IntangibleAssetsGrp/EOYAmt00
IRS990/InterestGrp/TotalAmt0499610
IRS990/InventoriesForSaleOrUseGrp/BOYAmt0357831
IRS990/InventoriesForSaleOrUseGrp/EOYAmt0299329
IRS990/InvestmentIncomeGrp/ExclusionAmt018506
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt018506
IRS990/InvestmentInJointVentureInd0false
IRS990/InvestmentsOtherSecuritiesGrp/EOYAmt00
IRS990/InvestmentsProgramRelatedGrp/EOYAmt00
IRS990/InvestmentsPubTradedSecGrp/EOYAmt00
IRS990/InvestTaxExemptBondsInd0false
IRS990/IRPDocumentCnt035
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt030324821
IRS990/LandBldgEquipBasisNetGrp/BOYAmt035305553
IRS990/LandBldgEquipBasisNetGrp/EOYAmt042580402
IRS990/LandBldgEquipCostOrOtherBssAmt072905223
IRS990/LegalDomicileStateCd0SD
IRS990/LessCostOthBasisSalesExpnssGrp/OtherAmt07192
IRS990/LicensedMoreThanOneStateInd0false
IRS990/LoanOutstandingInd0false
IRS990/LocalChaptersInd0false
IRS990/MaterialDiversionOrMisuseInd0false
IRS990/MembersAndShrGrossIncomeAmt04852834
IRS990/MembersOrStockholdersInd0true
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd0true
IRS990/MinutesOfGoverningBodyInd0true
IRS990/MissionDesc0Sale of water to members in Hamlin, Clark, Kingsbury, Brookings, Lake, Moody, Miner, Minnehaha, Beadle, Sanborn and McCook counties in South Dakota.
IRS990/MoreThan5000KToIndividualsInd0false
IRS990/MoreThan5000KToOrgInd0false
IRS990/MortgNotesPyblScrdInvstPropGrp/BOYAmt015047706
IRS990/MortgNotesPyblScrdInvstPropGrp/EOYAmt022102397
IRS990/NetAssetsOrFundBalancesBOYAmt024021723
IRS990/NetAssetsOrFundBalancesEOYAmt024610841
IRS990/NetGainOrLossInvestmentsGrp/RelatedOrExemptFuncIncomeAmt0-7192
IRS990/NetGainOrLossInvestmentsGrp/TotalRevenueColumnAmt0-7192
IRS990/NetIncmFromFundraisingEvtGrp/TotalRevenueColumnAmt00
IRS990/NetIncomeFromGamingGrp/TotalRevenueColumnAmt00
IRS990/NetIncomeOrLossGrp/TotalRevenueColumnAmt00
IRS990/NetRentalIncomeOrLossGrp/TotalRevenueColumnAmt00
IRS990/NondeductibleContributionsInd0false
IRS990/OccupancyGrp/TotalAmt00
IRS990/OfficeExpensesGrp/TotalAmt021721
IRS990/OfficerMailingAddressInd0false
IRS990/OnBehalfOfIssuerInd0false
IRS990/OperateHospitalInd0false
IRS990/Organization501cInd0X
IRS990/OrganizationFollowsSFAS117Ind0X
IRS990/OrgFiledInLieuOfForm1041Ind0false
IRS990/OtherAssetsTotalGrp/BOYAmt02084131
IRS990/OtherAssetsTotalGrp/EOYAmt02130827
IRS990/OtherEmployeeBenefitsGrp/TotalAmt0276382
IRS990/OtherExpensesGrp/Desc0Repairs and Maintenance
IRS990/OtherExpensesGrp/Desc1Purchased Power
IRS990/OtherExpensesGrp/Desc2Purchased Water
IRS990/OtherExpensesGrp/Desc3Meter Reading for Billing
IRS990/OtherExpensesGrp/TotalAmt0481096
IRS990/OtherExpensesGrp/TotalAmt1238486
IRS990/OtherExpensesGrp/TotalAmt2209740
IRS990/OtherExpensesGrp/TotalAmt367705
IRS990/OtherLiabilitiesGrp/BOYAmt0123451
IRS990/OtherLiabilitiesGrp/EOYAmt0120100
IRS990/OtherRevenueMiscGrp/BusinessCd0221000
IRS990/OtherRevenueMiscGrp/BusinessCd1221000
IRS990/OtherRevenueMiscGrp/BusinessCd2523000
IRS990/OtherRevenueMiscGrp/Desc0Joint Well Field
IRS990/OtherRevenueMiscGrp/Desc1Other Revenue
IRS990/OtherRevenueMiscGrp/Desc2Patronage Dividend
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt090533
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt1188272
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt275760
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt090533
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt1188272
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt275760
IRS990/OtherRevenueTotalAmt0354565
IRS990/OtherSalariesAndWagesGrp/TotalAmt0609948
IRS990/OtherSourcesGrossIncomeAmt0354565
IRS990/OthNotesLoansReceivableNetGrp/EOYAmt00
IRS990/PartialLiquidationInd0false
IRS990/PaymentsToAffiliatesGrp/TotalAmt00
IRS990/PayrollTaxesGrp/TotalAmt058002
IRS990/PensionPlanContributionsGrp/TotalAmt00
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt00
IRS990/PoliticalCampaignActyInd0false
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt068049
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt057400
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgramServiceRevenueGrp/BusinessCd0221000
IRS990/ProgramServiceRevenueGrp/BusinessCd1221000
IRS990/ProgramServiceRevenueGrp/Desc0Hook Up Fees
IRS990/ProgramServiceRevenueGrp/Desc1Water Sales
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt0160475
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt14692360
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt0160475
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt14692360
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt0138696
IRS990/PYInvestmentIncomeAmt0-10555
IRS990/PymtTravelEntrtnmntPubOfclGrp/TotalAmt00
IRS990/PYOtherExpensesAmt03552853
IRS990/PYOtherRevenueAmt0335861
IRS990/PYProgramServiceRevenueAmt05241485
IRS990/PYRevenuesLessExpensesAmt0924259
IRS990/PYSalariesCompEmpBnftPaidAmt01228375
IRS990/PYTotalExpensesAmt04781228
IRS990/PYTotalRevenueAmt05705487
IRS990/RcvblFromDisqualifiedPrsnGrp/EOYAmt00
IRS990/ReceivablesFromOfficersEtcGrp/EOYAmt00
IRS990/ReconcilationRevenueExpnssAmt0589118
IRS990/RegularMonitoringEnfrcInd0true
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0true
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RoyaltiesGrp/TotalAmt00
IRS990/RoyaltiesRevenueGrp/TotalRevenueColumnAmt00
IRS990/SavingsAndTempCashInvstGrp/BOYAmt0381782
IRS990/SavingsAndTempCashInvstGrp/EOYAmt0340564
IRS990/ScheduleBRequiredInd0false
IRS990ScheduleD/BuildingsGrp/BookValueAmt0155816
IRS990ScheduleD/BuildingsGrp/DepreciationAmt0207046
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt0362862
IRS990ScheduleD/EquipmentGrp/BookValueAmt030882882
IRS990ScheduleD/EquipmentGrp/DepreciationAmt030026654
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt060909536
IRS990ScheduleD/ExpensesSubtotalAmt04629596
IRS990ScheduleD/LandGrp/BookValueAmt02510216
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt02510216
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt09031488
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt091121
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt09122609
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt0120100
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0Member Deposits
IRS990ScheduleD/RevenueSubtotalAmt05218714
IRS990ScheduleD/TotalBookValueLandBuildingsAmt042580402
IRS990ScheduleD/TotalExpensesPerForm990Amt04629596
IRS990ScheduleD/TotalLiabilityAmt0120100
IRS990ScheduleD/TotalRevenuePerForm990Amt05218714
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt05218714
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt04629596
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0Membership in the corporation is limited to system users and is further defined in the organization's by-laws.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1Members of the Organization elect directors at the annual meeting.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2Any business conducted at the annual meeting, such as approving the auditor's report and reading of the prior minutes.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3The financial statements and tax returns are submitted to the Board of Directors for review and approval, which may or may not occur prior to the filing of the completed tax returns.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4The organization monitors and enforces any conflicts that may arise.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5The board reviews the general manager's performance and sets compensation. They monitor amounts paid to similar positions within the industry.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6The organization makes its governing documents, conflict of interest policy, and financial statements available to the public upon request.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990, Part VI, Line 6: Explanation of Classes of Members or Shareholder
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990, Part VI, Line 7a: How Members or Shareholders Elect Governing Body
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Form 990, Part VI, Line 7b: Describe Decisions of Governing Body Approval by Members or Shareholders
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Form 990, Part VI, Line 11b: Form 990 Review Process
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Form 990, Part VI, Line 12c: Explanation of Monitoring and Enforcement of Conflicts
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5Form 990, Part VI, Line 15a: Compensation Review & Approval Process - CEO, Top Management
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6Form 990, Part VI, Line 19: Other Organization Documents Publicly Available
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/SubjectToExcsTaxNetInvstIncInd0false
IRS990/SubjectToProxyTaxInd0false
IRS990/SubjToTaxRmnrtnExPrchtPymtInd0false
IRS990/TaxableDistributionsInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TemporarilyRstrNetAssetsGrp/BOYAmt0868219
IRS990/TemporarilyRstrNetAssetsGrp/EOYAmt0909436
IRS990/TempOrPermanentEndowmentsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt039378926
IRS990/TotalAssetsEOYAmt047000843
IRS990/TotalAssetsGrp/BOYAmt039378926
IRS990/TotalAssetsGrp/EOYAmt047000843
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalContributionsAmt00
IRS990/TotalEmployeeCnt019
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt00
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt00
IRS990/TotalFunctionalExpensesGrp/TotalAmt04629596
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt015357203
IRS990/TotalLiabilitiesEOYAmt022390002
IRS990/TotalLiabilitiesGrp/BOYAmt015357203
IRS990/TotalLiabilitiesGrp/EOYAmt022390002
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt024021723
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt024610841
IRS990/TotalProgramServiceRevenueAmt04852835
IRS990/TotalReportableCompFromOrgAmt0164419
IRS990/TotalRevenueGrp/ExclusionAmt018506
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt05200208
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt05218714
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt039378926
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt047000843
IRS990/TotReportableCompRltdOrgAmt07536
IRS990/TravelGrp/TotalAmt09360
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/UnrestrictedNetAssetsGrp/BOYAmt023153504
IRS990/UnrestrictedNetAssetsGrp/EOYAmt023701405
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt0PO Box 299
IRS990/USAddress/CityNm0Arlington
IRS990/USAddress/StateAbbreviationCd0SD
IRS990/USAddress/ZIPCd057212
IRS990/VotingMembersGoverningBodyCnt07
IRS990/VotingMembersIndependentCnt07
IRS990/WebsiteAddressTxt0N/A
IRS990/WhistleblowerPolicyInd0true
ReturnHeader/BuildTS02019-02-21 02:37:17Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0Randy Jencks
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0Manager
ReturnHeader/BusinessOfficerGrp/SignatureDt02019-03-06
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0Kingbrook Rural Water System Inc
ReturnHeader/Filer/BusinessNameControlTxt0KING
ReturnHeader/Filer/EIN0460322961
ReturnHeader/Filer/PhoneNum06059835074
ReturnHeader/Filer/USAddress/AddressLine1Txt0PO Box 299
ReturnHeader/Filer/USAddress/CityNm0Arlington
ReturnHeader/Filer/USAddress/StateAbbreviationCd0SD
ReturnHeader/Filer/USAddress/ZIPCd057212
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0460400356
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0Kinner & Company Ltd

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2018 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$47,000,843
Liabilities
$22,390,002
Net assets
$24,610,841
Revenue
$5,218,714
Expenses
$4,629,596
Net income
$589,118
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$86.2$29.7$56.5$24.9$6.85$18.0
2023Detailed filing. Detailed filing data is available for this year.$65.2$26.8$38.4$12.5$6.94$5.54
2022Detailed filing. Detailed filing data is available for this year.$59.7$26.8$32.9$10.8$6.64$4.15
2021Detailed filing. Detailed filing data is available for this year.$51.8$23.0$28.8$7.69$6.20$1.48
2020Detailed filing. Detailed filing data is available for this year.$50.7$23.5$27.3$6.87$5.73$1.14
2019Detailed filing. Detailed filing data is available for this year.$50.1$23.9$26.1$6.67$5.14$1.53
2018Detailed filing. Detailed filing data is available for this year.$47.0$22.4$24.6$5.22$4.63$0.59
2017Detailed filing. Detailed filing data is available for this year.$39.4$15.4$24.0$5.71$4.78$0.92
2016Detailed filing. Detailed filing data is available for this year.$38.3$15.2$23.1$5.39$4.61$0.78
2015Detailed filing. Detailed filing data is available for this year.$38.6$16.3$22.3$6.10$4.32$1.78
2014Detailed filing. Detailed filing data is available for this year.$36.2$15.7$20.5$4.81$4.16$0.65
2013Detailed filing. Detailed filing data is available for this year.$36.4$16.5$19.9$4.08$3.97$0.10
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$37.0$17.2$19.8$3.83
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$36.0$18.4$17.6$3.66