Civic Intelligence

Perkins County Rural Water System Inc

990 • Fiscal year 2015 • EIN 46-0426436

Jan 01, 2015 to Dec 31, 2015 • Filed on Sep 08, 2016

Organization ProfileWWW.PCRWS.COM
PO Box 160Bison, SD 57620

(605) 244-5608

Siviq Scores

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

Liabilities / Assets

56th percentile

0.24x

Higher debt load relative to assets than 56% of similar nonprofits.

2015 filings • 501(c)4 • $10M-$25M nonprofits • Source year 2015

Liabilities / Revenue

80th percentile

4.02x

Higher debt load relative to revenue than 80% of similar nonprofits.

2015 filings • 501(c)4 • $10M-$25M nonprofits • Source year 2015

Net Margin

11th percentile

-34%

Higher net margin than 11% of similar nonprofits.

2015 filings • 501(c)4 • $10M-$25M nonprofits • Source year 2015

Top Officer Pay

29th percentile

$2,250

Higher top officer pay than 29% of similar nonprofits.

Top officer pay equals 0.2% of source-year revenue.

2015 filings • 501(c)4 • $10M-$25M nonprofits • Source year 2015

Asset Growth

35th percentile

-1.7%

Faster asset growth than 35% of similar nonprofits.

2015 filings • 501(c)4 • $10M-$25M nonprofits • Annualized from 2014 to 2015

Revenue Growth

86th percentile

37%

Faster revenue growth than 86% of similar nonprofits.

2015 filings • 501(c)4 • $10M-$25M nonprofits • Annualized from 2014 to 2015

Balance Sheet
Liabilities / Assets56th percentile

Assets

Down

$22,600,147

Down $401,817 (-1.7%) from 2014

Net Assets

Down

$17,180,790

Down $373,784 (-2.1%) from 2014

Liabilities

Down

$5,419,357

Down $28,033 (-0.5%) from 2014

Revenue And Expenses
Liabilities / Revenue80th percentileNet Margin11th percentile

Revenue

Up

$1,346,989

Up $362,227 (+37%) from 2014

Expenses

Up

$1,802,579

Up $238,282 (+15%) from 2014

Net Income

Up

-$455,590

Up $123,945 (+21%) from 2014

Historical Trend

Balance Sheet Trend

Asset Growth35th percentile

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

$30M$20M$10M$0Assets 2010: $23,655,107Liabilities 2010: $5,562,935Net Assets 2010: $18,092,1722010Assets 2011: $24,161,544Liabilities 2011: $5,339,457Net Assets 2011: $18,822,0872011Assets 2012: $24,092,006Liabilities 2012: $5,508,612Net Assets 2012: $18,583,3942012Assets 2013: $23,486,871Liabilities 2013: $5,435,903Net Assets 2013: $18,050,9682013Assets 2014: $23,001,964Liabilities 2014: $5,447,390Net Assets 2014: $17,554,5742014Assets 2015: $22,600,147Liabilities 2015: $5,419,357Net Assets 2015: $17,180,7902015Assets 2016: $24,698,492Liabilities 2016: $5,865,919Net Assets 2016: $18,832,5732016Assets 2017: $24,323,515Liabilities 2017: $5,905,495Net Assets 2017: $18,418,0202017Assets 2018: $23,857,399Liabilities 2018: $5,878,619Net Assets 2018: $17,978,7802018Assets 2019: $23,053,991Liabilities 2019: $5,851,530Net Assets 2019: $17,202,4612019Assets 2020: $22,228,197Liabilities 2020: $5,818,470Net Assets 2020: $16,409,7272020Assets 2021: $21,395,860Liabilities 2021: $5,674,744Net Assets 2021: $15,721,1162021Assets 2022: $20,713,759Liabilities 2022: $5,574,946Net Assets 2022: $15,138,8132022Assets 2023: $19,643,440Liabilities 2023: $5,247,690Net Assets 2023: $14,395,7502023Assets 2024: $18,581,591Liabilities 2024: $4,830,808Net Assets 2024: $13,750,7832024

Highlighted filing

2015

Assets$22,600,147
Liabilities$5,419,357
Net Assets$17,180,790
Open 2015 Filing

Operations Trend

Revenue Growth86th percentile

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

$4.0M$2.0M$0-$2.0MExpenses 2010: $1,572,6172010Expenses 2011: $1,609,8852011Revenue 2012: $1,212,568Expenses 2012: $1,533,583Net Income 2012: -$321,0152012Revenue 2013: $903,953Expenses 2013: $1,521,457Net Income 2013: -$617,5042013Revenue 2014: $984,762Expenses 2014: $1,564,297Net Income 2014: -$579,5352014Revenue 2015: $1,346,989Expenses 2015: $1,802,579Net Income 2015: -$455,5902015Revenue 2016: $3,381,793Expenses 2016: $1,811,806Net Income 2016: $1,569,9872016Revenue 2017: $1,349,960Expenses 2017: $1,851,494Net Income 2017: -$501,5342017Revenue 2018: $1,277,985Expenses 2018: $1,803,685Net Income 2018: -$525,7002018Revenue 2019: $957,462Expenses 2019: $1,824,492Net Income 2019: -$867,0302019Revenue 2020: $1,116,797Expenses 2020: $1,997,770Net Income 2020: -$880,9732020Revenue 2021: $1,316,715Expenses 2021: $2,085,173Net Income 2021: -$768,4582021Revenue 2022: $1,292,584Expenses 2022: $1,950,822Net Income 2022: -$658,2382022Revenue 2023: $1,162,064Expenses 2023: $1,984,658Net Income 2023: -$822,5942023Revenue 2024: $1,306,222Expenses 2024: $2,036,707Net Income 2024: -$730,4852024

Highlighted filing

2015

Revenue$1,346,989
Expenses$1,802,579
Net Income-$455,590
Open 2015 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2015 to Dec 31, 2015
Signed
Sep 8, 2016
Return Version
2015v2.0
Gross Receipts
$1,350,861
Mission and Program Overview

Mission

To bring quality water to perkins county.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$22,390,681$21,620,448▼ $770,233
Other Notes and Loans Receivable, Net-$385,800-
Cash and Non-Interest-Bearing Accounts$461,800$275,825▼ $185,975
Accounts Receivable$54,797$74,873▲ $20,076
Inventories for Sale or Use$31,634$43,857▲ $12,223
Prepaid Expenses and Deferred Charges$12,845$13,040▲ $195
Savings and Temporary Cash Investments-$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$23,001,964$22,600,147▼ $401,817
Other Assets Total$50,207$186,304▲ $136,097
Liabilities
Mortgage Notes Payable Secured by Investment Property$5,144,000$5,144,000→ $0
Unsecured Notes Loans Payable$179,658$108,057▼ $71,601
Other Liabilities$88,903$89,316▲ $413
Accounts Payable and Accrued Expenses$26,077$71,639▲ $45,562
Deferred Revenue$8,752$6,345▼ $2,407
Total Liabilities$5,447,390$5,419,357▼ $28,033
Net Assets / Fund Balance
Unrestricted Net Assets$17,554,574$17,180,790▼ $373,784
Total Net Assets Fund Balance$17,554,574$17,180,790▼ $373,784
Total Liabilities and Net Assets / Fund Balance$23,001,964$22,600,147▼ $401,817

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$21,553,095$6,869,459$28,422,554
Equipment$41,153$320,580$361,733
Land$26,200-$26,200
Compensation and Service Providers
Top Officer Pay29th percentile

Employees

NameTitleBaseTotal
Arthur PedersonDirector$2,250$2,250
Lynn FreySecretary$2,000$2,000
Stanley BrixeyDirector$1,750$1,750
Brian MorrisVice President$1,625$1,625
Don MellingPresident$1,625$1,625
Holly WaddellDirector$1,625$1,625
Colin LamontDirector$1,250$1,250
Rodney LefebreDirector$1,250$1,250
Luke ClementsTreasurer$750$750
Matthew ButsavageTreasurer$375$375
Revenue and Support

Revenue Composition

Contributions and Grants
$551
Program Service Revenue
$955,895
Investment Income
$-753
Other Revenue
$391,296
All Other Contributions
$551
Change in Net Assets
$-455,590

Audited Revenue Reconciliation

Revenue per Audited Statements
$1,346,989
Total Revenue per Audited Statements
$1,346,989
Total Revenue per Form 990
$1,346,989
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$1,628,395
Salaries, Compensation, and Employee Benefits$174,184
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Depreciation Depletion$876,174--$876,174
Interest$162,599--$162,599
Other Salaries and Wages$140,409--$140,409
Occupancy$39,851--$39,851
Insurance$14,954--$14,954
Current Officers, Directors, Trustees, and Key Employees$14,500--$14,500
Fees for Services Accounting$12,720--$12,720
Payroll Taxes$12,280--$12,280
Office Expenses$11,188--$11,188
Travel$9,318--$9,318
Other Employee Benefits$6,995--$6,995
Fees for Services Other$5,800--$5,800
Other Expenses$3,600--$3,600
Advertising$1,770--$1,770
All Other Expenses$636--$636
Total Functional Expenses$1,802,579$0$0$1,802,579

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$1,802,579
Total Expenses per Audited Statements$1,802,579
Total Expenses per Form 990$1,802,579
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
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
Accrued Interest$77,974
Accrued Benefits Payable$7,207
Accrued Taxes$3,710
Hookup Fees Payable$425
Governance and Compliance

Governance Checklist

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

Governance Explanations

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

“Perkins county rural water system, inc.'s memebers consist of the general public that are served by the water supply of the organization”

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

“Tax form 990 reviewed and approved by board president before filing.”

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

“The organization's officers, directors, and managers are to annually disclose by form to the president of the board, all conflicts of interest. The president will then determine the actions needed to resolve the conflict. The organization's managers will also monitor ongoing activities and disclose them the the board president.”

Form 990, Part VI, Line 15B: Compensation Review and Approval Process for Officers and Key Employees

“Annual compensation of manager and employees is approved with annual budget by governing body.”

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

“Perkins county rural water system, inc.'s policies and procedures are provided upon request to the general public as well as the financial statements and tax return. The financial statements are also presented to the general public at the annual meeting.”

Filing and Contact Details

Filer

Filer Name
Perkins County Rural Water System Inc
EIN
46-0426436
Phone
6052445608
Address
PO BOX 160, BISON, SD 57620

Signing Officer

Name
Don Melling
Title
President
Signed
2016-09-08
Discuss with paid preparer
Yes

Organization Details

Formed
1993
Legal Domicile
Sd
Voting Board Members
9
Independent Board Members
9
Employees
13

Preparer

Firm
Mueller & Associates CPA LLC
Address
106 Main Ave, Lemmon, SD 57638
Preparer
Rosemary Mueller
Phone
6053743388
Supplemental Narrative

Additional Explanations

Other Changes In Net Assets Or Fund Balances - Other Decreases

“Basis difference = -$2457”

Other Changes In Net Assets Or Fund Balances - Other Increases

“Difference between book & tax dep = $84770”

Other Changes In Net Assets Or Fund Balances - Other Decreases

“Nonallowable meals = -$507”

Raw XML AppendixShowing 400 of 467 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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IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt0353
IRS990/InvestmentInJointVentureInd0false
IRS990/InvestmentsOtherSecuritiesGrp/EOYAmt00
IRS990/InvestmentsProgramRelatedGrp/EOYAmt00
IRS990/InvestmentsPubTradedSecGrp/EOYAmt00
IRS990/InvestTaxExemptBondsInd0false
IRS990/IRPDocumentCnt01
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt07190039
IRS990/LandBldgEquipBasisNetGrp/BOYAmt022390681
IRS990/LandBldgEquipBasisNetGrp/EOYAmt021620448
IRS990/LandBldgEquipCostOrOtherBssAmt028810487
IRS990/LegalDomicileStateCd0SD
IRS990/LessCostOthBasisSalesExpnssGrp/OtherAmt01106
IRS990/LessRentalExpensesGrp/RealAmt02766
IRS990/LicensedMoreThanOneStateInd0false
IRS990/LoanOutstandingInd0false
IRS990/LobbyingActivitiesInd0false
IRS990/LocalChaptersInd0false
IRS990/MaterialDiversionOrMisuseInd0false
IRS990/MembersOrStockholdersInd0true
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd0true
IRS990/MinutesOfGoverningBodyInd0true
IRS990/MissionDesc0TO BRING QUALITY WATER TO PERKINS COUNTY.
IRS990/MoreThan5000KToIndividualsInd0false
IRS990/MoreThan5000KToOrgInd0false
IRS990/MortgNotesPyblScrdInvstPropGrp/BOYAmt05144000
IRS990/MortgNotesPyblScrdInvstPropGrp/EOYAmt05144000
IRS990/NetAssetsOrFundBalancesBOYAmt017554574
IRS990/NetAssetsOrFundBalancesEOYAmt017180790
IRS990/NetGainOrLossInvestmentsGrp/RelatedOrExemptFuncIncomeAmt0-1106
IRS990/NetGainOrLossInvestmentsGrp/TotalRevenueColumnAmt0-1106
IRS990/NetIncmFromFundraisingEvtGrp/TotalRevenueColumnAmt00
IRS990/NetIncomeFromGamingGrp/TotalRevenueColumnAmt00
IRS990/NetIncomeOrLossGrp/TotalRevenueColumnAmt00
IRS990/NetRentalIncomeOrLossGrp/ExclusionAmt0834
IRS990/NetRentalIncomeOrLossGrp/TotalRevenueColumnAmt0834
IRS990/NoncashContributionsAmt0551
IRS990/NondeductibleContributionsInd0false
IRS990/OccupancyGrp/ProgramServicesAmt039851
IRS990/OccupancyGrp/TotalAmt039851
IRS990/OfficeExpensesGrp/ProgramServicesAmt011188
IRS990/OfficeExpensesGrp/TotalAmt011188
IRS990/OfficerMailingAddressInd0false
IRS990/OnBehalfOfIssuerInd0false
IRS990/OperateHospitalInd0false
IRS990/Organization501cInd0X
IRS990/OrganizationFollowsSFAS117Ind0X
IRS990/OrgFiledInLieuOfForm1041Ind0false
IRS990/OtherAssetsTotalGrp/BOYAmt050207
IRS990/OtherAssetsTotalGrp/EOYAmt0186304
IRS990/OtherChangesInNetAssetsAmt081806
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt06995
IRS990/OtherEmployeeBenefitsGrp/TotalAmt06995
IRS990/OtherExpensesGrp/Desc0WATER PURCHASES & TESTING
IRS990/OtherExpensesGrp/Desc1SUPPLIES
IRS990/OtherExpensesGrp/Desc2REPAIRS
IRS990/OtherExpensesGrp/Desc3TRAINING
IRS990/OtherExpensesGrp/ProgramServicesAmt0397249
IRS990/OtherExpensesGrp/ProgramServicesAmt178779
IRS990/OtherExpensesGrp/ProgramServicesAmt213757
IRS990/OtherExpensesGrp/ProgramServicesAmt33600
IRS990/OtherExpensesGrp/TotalAmt0397249
IRS990/OtherExpensesGrp/TotalAmt178779
IRS990/OtherExpensesGrp/TotalAmt213757
IRS990/OtherExpensesGrp/TotalAmt33600
IRS990/OtherLiabilitiesGrp/BOYAmt088903
IRS990/OtherLiabilitiesGrp/EOYAmt089316
IRS990/OtherRevenueMiscGrp/Desc0BISON CONSTRUCTION REIMBU
IRS990/OtherRevenueMiscGrp/Desc1REFUNDS & REIMBURSEMENTS
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt0385800
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt14662
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt0385800
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt14662
IRS990/OtherRevenueTotalAmt0390462
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt0140409
IRS990/OtherSalariesAndWagesGrp/TotalAmt0140409
IRS990/OthNotesLoansReceivableNetGrp/EOYAmt0385800
IRS990/PartialLiquidationInd0false
IRS990/PaymentsToAffiliatesGrp/TotalAmt00
IRS990/PayrollTaxesGrp/ProgramServicesAmt012280
IRS990/PayrollTaxesGrp/TotalAmt012280
IRS990/PensionPlanContributionsGrp/TotalAmt00
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt00
IRS990/PoliticalCampaignActyInd0false
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt012845
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt013040
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgramServiceRevenueGrp/BusinessCd0221000
IRS990/ProgramServiceRevenueGrp/BusinessCd1221000
IRS990/ProgramServiceRevenueGrp/Desc0SERVICE WORK
IRS990/ProgramServiceRevenueGrp/Desc1WATER SALES
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt05259
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt1950636
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt05259
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt1950636
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt0151000
IRS990/PYExcessBenefitTransInd0false
IRS990/PYInvestmentIncomeAmt0-102
IRS990/PymtTravelEntrtnmntPubOfclGrp/TotalAmt00
IRS990/PYOtherExpensesAmt01409016
IRS990/PYOtherRevenueAmt05840
IRS990/PYProgramServiceRevenueAmt0828024
IRS990/PYRevenuesLessExpensesAmt0-579535
IRS990/PYSalariesCompEmpBnftPaidAmt0155281
IRS990/PYTotalExpensesAmt01564297
IRS990/PYTotalRevenueAmt0984762
IRS990/RcvblFromDisqualifiedPrsnGrp/EOYAmt00
IRS990/ReceivablesFromOfficersEtcGrp/EOYAmt00
IRS990/ReconcilationRevenueExpnssAmt0-455590
IRS990/RegularMonitoringEnfrcInd0true
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/RentalIncomeOrLossGrp/RealAmt0834
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0true
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RevenueAmt0955895
IRS990/RoyaltiesGrp/TotalAmt00
IRS990/RoyaltiesRevenueGrp/TotalRevenueColumnAmt00
IRS990/SavingsAndTempCashInvstGrp/EOYAmt00
IRS990/ScheduleBRequiredInd0false
IRS990ScheduleD/BuildingsGrp/BookValueAmt021553095
IRS990ScheduleD/BuildingsGrp/DepreciationAmt06869459
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt028422554
IRS990ScheduleD/EquipmentGrp/BookValueAmt041153
IRS990ScheduleD/EquipmentGrp/DepreciationAmt0320580
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt0361733
IRS990ScheduleD/ExpensesSubtotalAmt01802579
IRS990ScheduleD/LandGrp/BookValueAmt026200
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt026200
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt07207
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt177974
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt23710
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt3425
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0ACCRUED BENEFITS PAYABLE
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc1ACCRUED INTEREST
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc2ACCRUED TAXES
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc3HOOKUP FEES PAYABLE
IRS990ScheduleD/RevenueSubtotalAmt01346989
IRS990ScheduleD/TotalBookValueLandBuildingsAmt021620448
IRS990ScheduleD/TotalExpensesPerForm990Amt01802579
IRS990ScheduleD/TotalLiabilityAmt089316
IRS990ScheduleD/TotalRevenuePerForm990Amt01346989
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt01346989
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt01802579
IRS990ScheduleJ/AnyNonFixedPaymentsInd0false
IRS990ScheduleJ/CompBasedOnRevenueOfFlngOrgInd0false
IRS990ScheduleJ/CompBsdNetEarnsFlngOrgInd0false
IRS990ScheduleJ/CompBsdNetEarnsRltdOrgsInd0false
IRS990ScheduleJ/CompBsdOnRevRelatedOrgsInd0false
IRS990ScheduleJ/EquityBasedCompArrngmInd0false
IRS990ScheduleJ/InitialContractExceptionInd0false
IRS990ScheduleJ/RebuttablePresumptionProcInd0false
IRS990/ScheduleJRequiredInd0true
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt0375
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm0MATTHEW BUTSAVAGE
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt0TREASURER
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationFilingOrgAmt0375
IRS990ScheduleJ/SeverancePaymentInd0false
IRS990ScheduleJ/SupplementalNonqualRtrPlanInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0PERKINS COUNTY RURAL WATER SYSTEM, INC.'S MEMEBERS CONSIST OF THE GENERAL PUBLIC THAT ARE SERVED BY THE WATER SUPPLY OF THE ORGANIZATION
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1TAX FORM 990 REVIEWED AND APPROVED BY BOARD PRESIDENT BEFORE FILING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE ORGANIZATION'S OFFICERS, DIRECTORS, AND MANAGERS ARE TO ANNUALLY DISCLOSE BY FORM TO THE PRESIDENT OF THE BOARD, ALL CONFLICTS OF INTEREST. THE PRESIDENT WILL THEN DETERMINE THE ACTIONS NEEDED TO RESOLVE THE CONFLICT. THE ORGANIZATION'S MANAGERS WILL ALSO MONITOR ONGOING ACTIVITIES AND DISCLOSE THEM THE THE BOARD PRESIDENT.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3ANNUAL COMPENSATION OF MANAGER AND EMPLOYEES IS APPROVED WITH ANNUAL BUDGET BY GOVERNING BODY.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4PERKINS COUNTY RURAL WATER SYSTEM, INC.'S POLICIES AND PROCEDURES ARE PROVIDED UPON REQUEST TO THE GENERAL PUBLIC AS WELL AS THE FINANCIAL STATEMENTS AND TAX RETURN. THE FINANCIAL STATEMENTS ARE ALSO PRESENTED TO THE GENERAL PUBLIC AT THE ANNUAL MEETING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5BASIS DIFFERENCE = -$2457
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6DIFFERENCE BETWEEN BOOK & TAX DEP = $84770
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt7NONALLOWABLE MEALS = -$507
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990, Part VI, Line 6: Explanation of Classes of Members or Shareholder
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990, Part VI, Line 11b: Form 990 Review Process
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Form 990, Part VI, Line 12c: Explanation of Monitoring and Enforcement of Conflicts
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Form 990, Part VI, Line 15b: Compensation Review and Approval Process for Officers and Key Employees
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Form 990, Part VI, Line 19: Other Organization Documents Publicly Available
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5Other Changes In Net Assets Or Fund Balances - Other Decreases
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6Other Changes In Net Assets Or Fund Balances - Other Increases
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc7Other Changes In Net Assets Or Fund Balances - Other Decreases
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/SubjectToProxyTaxInd0false
IRS990/TaxableDistributionsInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TempOrPermanentEndowmentsInd0false

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2015 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$22,600,147
Liabilities
$5,419,357
Net assets
$17,180,790
Revenue
$1,346,989
Expenses
$1,802,579
Net income
-$455,590
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$18.6$4.83$13.8$1.31$2.04$0.73
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$19.6$5.25$14.4$1.16$1.98$0.82
2022XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$20.7$5.57$15.1$1.29$1.95$0.66
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$21.4$5.67$15.7$1.32$2.09$0.77
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$22.2$5.82$16.4$1.12$2.00$0.88
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$23.1$5.85$17.2$0.96$1.82$0.87
2018Facts available. Structured filing facts are available, but richer extracted sections are limited.$23.9$5.88$18.0$1.28$1.80$0.53
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$24.3$5.91$18.4$1.35$1.85$0.50
2016XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$24.7$5.87$18.8$3.38$1.81$1.57
2015Detailed filing. Detailed filing data is available for this year.$22.6$5.42$17.2$1.35$1.80$0.46
2014Detailed filing. Detailed filing data is available for this year.$23.0$5.45$17.6$0.98$1.56$0.58
2013Summary only. Only limited summary data is available for this year.$23.5$5.44$18.1$0.90$1.52$0.62
2012Summary only. Only limited summary data is available for this year.$24.1$5.51$18.6$1.21$1.53$0.32
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$24.2$5.34$18.8$1.61
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$23.7$5.56$18.1$1.57