Civic Intelligence

Logansport Water System

990EZ • Fiscal year 2018 • EIN 46-2920155

Jan 01, 2018 to Dec 31, 2018 • Filed on May 03, 2019

Organization ProfileN/A
1139 193rd StBoone, IA 50036

(515) 201-3327

Siviq Scores

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

Liabilities / Assets

Score unavailable

No value available

Liabilities-to-assets requires both liabilities and assets on this filing.

Source year 2018

Liabilities / Revenue

Score unavailable

No value available

Liabilities-to-revenue requires both liabilities and revenue on this filing.

Source year 2018

Net Margin

90th percentile

36%

Higher net margin than 90% of similar nonprofits.

2018 filings • 501(c)4 • <$500k nonprofits • Source year 2018

Top Officer Pay

88th percentile

$1,624

Higher top officer pay than 88% of similar nonprofits.

Top officer pay equals 2.2% of source-year revenue.

2018 filings • 501(c)4 • <$500k nonprofits • Source year 2018

Asset Growth

80th percentile

21%

Faster asset growth than 80% of similar nonprofits.

2018 filings • 501(c)4 • <$500k nonprofits • Annualized from 2017 to 2018

Revenue Growth

74th percentile

14%

Faster revenue growth than 74% of similar nonprofits.

2018 filings • 501(c)4 • <$500k nonprofits • Annualized from 2017 to 2018

Balance Sheet
Liabilities / AssetsScore unavailable

Assets

Up

$153,549

Up $26,499 (+21%) from 2017

Net Assets

Up

$153,549

Up $26,499 (+21%) from 2017

Liabilities

-

No earlier filing loaded for comparison.

Revenue And Expenses
Liabilities / RevenueScore unavailableNet Margin90th percentile

Revenue

Up

$73,791

Up $8,784 (+14%) from 2017

Expenses

Up

$47,292

Up $4,499 (+11%) from 2017

Net Income

Up

$26,499

Up $4,285 (+19%) from 2017

Historical Trend

Balance Sheet Trend

Asset Growth80th percentile

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

$2.0M$1.5M$1.0M$500K$0Assets 2013: $1Liabilities 2013: $02013Assets 2016: $104,836Net Assets 2016: $104,8362016Assets 2017: $127,050Net Assets 2017: $127,0502017Assets 2018: $153,549Net Assets 2018: $153,5492018Assets 2019: $192,900Net Assets 2019: $192,9002019Assets 2020: $733,515Liabilities 2020: $499,358Net Assets 2020: $234,1572020Assets 2021: $1,521,973Liabilities 2021: $841,944Net Assets 2021: $680,0292021Assets 2022: $1,579,132Liabilities 2022: $827,812Net Assets 2022: $751,3202022Assets 2023: $1,538,418Liabilities 2023: $812,946Net Assets 2023: $725,4722023Assets 2024: $1,493,305Liabilities 2024: $797,820Net Assets 2024: $695,4852024

Highlighted filing

2018

Assets$153,549
Liabilities-
Net Assets$153,549
Open 2018 Filing

Operations Trend

Revenue Growth74th percentile

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

$600K$400K$200K$0-$200KRevenue 2013: $0Expenses 2013: $0Net Income 2013: $02013Revenue 2016: $61,817Expenses 2016: $39,419Net Income 2016: $22,3982016Revenue 2017: $65,007Expenses 2017: $42,793Net Income 2017: $22,2142017Revenue 2018: $73,791Expenses 2018: $47,292Net Income 2018: $26,4992018Revenue 2019: $92,607Expenses 2019: $53,256Net Income 2019: $39,3512019Revenue 2020: $95,510Expenses 2020: $54,253Net Income 2020: $41,2572020Revenue 2021: $521,623Expenses 2021: $75,751Net Income 2021: $445,8722021Revenue 2022: $115,494Expenses 2022: $132,352Net Income 2022: -$16,8582022Revenue 2023: $93,456Expenses 2023: $119,304Net Income 2023: -$25,8482023Revenue 2024: $98,532Expenses 2024: $128,519Net Income 2024: -$29,9872024

Highlighted filing

2018

Revenue$73,791
Expenses$47,292
Net Income$26,499
Open 2018 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2018 to Dec 31, 2018
Signed
May 3, 2019
Return Version
2018v3.1
Gross Receipts
$73,791
Mission and Program Overview

Mission

The organization's purpose is to provide water for residential and agricultural purposes in the logansport, iowa area.

Program Services

DescriptionGrantsExpenses
PROVIDING WATER FOR RESIDENTIAL AND AGRICULTURAL PURPOSES IN THE LOGANSPORT, IOWA AREA.-$47,292
Compensation and Service Providers
Top Officer Pay88th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
BARB ALBERTDirectorPT$1,624-$1,624
MARY OSBORNESecretary/TrPT$812-$812
JOEL LINDAHLDirector-$541-$541
LOWELL GRAHAMPresident-$271-$271
RICK THOMPSONVice Preside-$0--
SUSAN HUDSONDirector-$0--
CARL OHRTMANDirector-$0--
JEFF ASKEYDirector-$0--
Filing and Contact Details

Filer

Filer Name
Logansport Water System
EIN
46-2920155
Phone
5152013327
Address
1139 193RD ST, BOONE, IA 50036

Signing Officer

Name
Lowell Graham
Title
President
Phone
5152120002
Signed
2019-05-03

Preparer

Firm
Henkel & Associates Pc
Address
817 KEELER ST, BOONE, IA 50036
Preparer
Christopher Jacobsen
Phone
5154328636
Supplemental Narrative

Additional Explanations

Form 990-ez, Part I, Line 16

“Expenses office 539 insurance 985 bank charges 15 licenses & permits 25 miscellaneous 358 repairs 1,210 tools & supplies 1,087 water purchased 26,789 water tap 470 water testing 971 total 32,449”

Form 990-ez, Part II, Line 24

“Prepaid expenses and deferred charges 0 50,000 total 0 50,000”

Form 990-ez, Part III

“The organization's purpose is to provide water for residential and agricultural purposes in the logansport, iowa area.”

Raw XML Appendix127 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
IRS990EZ/ActivitiesNotPreviouslyRptInd0false
IRS990EZ/BooksInCareOfDetail/PersonNm0MARY OSBORNE
IRS990EZ/BooksInCareOfDetail/PhoneNum05152013327
IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt01139 193RD ST
IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0BOONE
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0IA
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd050036
IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt0127050
IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt0103549
IRS990EZ/ChgMadeToOrgnzngDocNotRptInd0false
IRS990EZ/DonorAdvisedFndsInd0false
IRS990EZ/EngagedInExcessBenefitTransInd0false
IRS990EZ/ExcessOrDeficitForYearAmt026499
IRS990EZ/FeesAndOtherPymtToIndCntrctAmt08724
IRS990EZ/ForeignFinancialAccountInd0false
IRS990EZ/ForeignOfficeInd0false
IRS990EZ/Form1120PolFiledInd0false
IRS990EZ/Form990TotalAssetsGrp/BOYAmt0127050
IRS990EZ/Form990TotalAssetsGrp/EOYAmt0153549
IRS990EZ/GrossReceiptsAmt073791
IRS990EZ/InfoInScheduleOPartIIIInd0X
IRS990EZ/InfoInScheduleOPartIIInd0X
IRS990EZ/InfoInScheduleOPartIInd0X
IRS990EZ/MadeLoansToFromOfficersInd0false
IRS990EZ/MembershipDuesAmt073791
IRS990EZ/MethodOfAccountingCashInd0X
IRS990EZ/NetAssetsOrFundBalancesBOYAmt0127050
IRS990EZ/NetAssetsOrFundBalancesEOYAmt0153549
IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt0127050
IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt0153549
IRS990EZ/OccupancyRentUtltsAndMaintAmt075
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt01.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt11.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt25.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt35.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt41.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt51.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt61.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt71.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt0271
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt2812
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt31624
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt40
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt5541
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt60
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt70
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0LOWELL GRAHAM
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm1RICK THOMPSON
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm2MARY OSBORNE
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm3BARB ALBERT
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm4SUSAN HUDSON
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm5JOEL LINDAHL
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm6CARL OHRTMAN
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm7JEFF ASKEY
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0PRESIDENT
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1VICE PRESIDE
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2SECRETARY/TR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt3DIRECTOR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt4DIRECTOR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt5DIRECTOR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt6DIRECTOR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt7DIRECTOR
IRS990EZ/OperateHospitalInd0false
IRS990EZ/Organization501cInd0X
IRS990EZ/OrganizationDissolvedEtcInd0false
IRS990EZ/OrganizationHadUBIInd0false
IRS990EZ/OtherAssetsTotalDetail/EOYAmt050000
IRS990EZ/OtherExpensesTotalAmt032449
IRS990EZ/PoliticalCampaignActyInd0false
IRS990EZ/PrimaryExemptPurposeTxt0THE ORGANIZATION'S PURPOSE IS TO PROVIDE WATER FOR RESIDENTIAL AND AGRICULTURAL PURPOSES IN THE LOGANSPORT, IOWA AREA.
IRS990EZ/PrintingPublicationsPostageAmt0281
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0PROVIDING WATER FOR RESIDENTIAL AND AGRICULTURAL PURPOSES IN THE LOGANSPORT, IOWA AREA.
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt047292
IRS990EZ/ProhibitedTaxShelterTransInd0false
IRS990EZ/RelatedOrganizationCtrlEntInd0false
IRS990EZ/SalariesOtherCompEmplBnftAmt05763
IRS990EZ/ScheduleBNotRequiredInd0X
IRS990EZ/StatesWhereCopyOfReturnIsFldCd0IA
IRS990EZ/SubjectToProxyTaxInd0false
IRS990EZ/TanningServicesProvidedInd0false
IRS990EZ/TotalExpensesAmt047292
IRS990EZ/TotalProgramServiceExpensesAmt047292
IRS990EZ/TotalRevenueAmt073791
IRS990EZ/TransactionWithControlEntInd0false
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990EZ/WebsiteAddressTxt0N/A
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0EXPENSES OFFICE 539 INSURANCE 985 BANK CHARGES 15 LICENSES & PERMITS 25 MISCELLANEOUS 358 REPAIRS 1,210 TOOLS & SUPPLIES 1,087 WATER PURCHASED 26,789 WATER TAP 470 WATER TESTING 971 TOTAL 32,449
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1PREPAID EXPENSES AND DEFERRED CHARGES 0 50,000 TOTAL 0 50,000
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE ORGANIZATION'S PURPOSE IS TO PROVIDE WATER FOR RESIDENTIAL AND AGRICULTURAL PURPOSES IN THE LOGANSPORT, IOWA AREA.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990-EZ, PART I, LINE 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990-EZ, PART II, LINE 24
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990-EZ, PART III
ReturnHeader/BuildTS02019-02-21 02:37:17Z
ReturnHeader/BusinessOfficerGrp/PersonNm0LOWELL GRAHAM
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT
ReturnHeader/BusinessOfficerGrp/PhoneNum05152120002
ReturnHeader/BusinessOfficerGrp/SignatureDt02019-05-03
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0LOGANSPORT WATER SYSTEM
ReturnHeader/Filer/BusinessNameControlTxt0LOGA
ReturnHeader/Filer/EIN0462920155
ReturnHeader/Filer/PhoneNum05152013327
ReturnHeader/Filer/USAddress/AddressLine1Txt01139 193RD ST
ReturnHeader/Filer/USAddress/CityNm0BOONE
ReturnHeader/Filer/USAddress/StateAbbreviationCd0IA
ReturnHeader/Filer/USAddress/ZIPCd050036
ReturnHeader/FilingSecurityInformation/AtSubmissionCreationDeviceId03856B47FE7BC99404428904951F864D9CBAF50F4
ReturnHeader/FilingSecurityInformation/AtSubmissionFilingDeviceId03856B47FE7BC99404428904951F864D9CBAF50F4
ReturnHeader/FilingSecurityInformation/FilingLicenseTypeCd0P
ReturnHeader/FilingSecurityInformation/IPAddress/IPv4AddressTxt0108.166.156.202
ReturnHeader/FilingSecurityInformation/IPDt02019-05-07
ReturnHeader/FilingSecurityInformation/IPTimezoneCd0CD
ReturnHeader/FilingSecurityInformation/IPTm011:02:33
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0421017239
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0HENKEL & ASSOCIATES PC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0817 KEELER ST
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0BOONE
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0IA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd050036
ReturnHeader/PreparerPersonGrp/PhoneNum05154328636
ReturnHeader/PreparerPersonGrp/PreparationDt02019-05-03
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0CHRISTOPHER JACOBSEN
ReturnHeader/ReturnTs02019-05-07T11:02:33-05:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02018-01-01
ReturnHeader/TaxPeriodEndDt02018-12-31
ReturnHeader/TaxYr02018

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

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

Open filing
Assets
$153,549
Liabilities
-
Net assets
$153,549
Revenue
$73,791
Expenses
$47,292
Net income
$26,499
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$1.49$0.80$0.70$0.10$0.13$0.03
2023Detailed filing. Detailed filing data is available for this year.$1.54$0.81$0.73$0.09$0.12$0.03
2022Detailed filing. Detailed filing data is available for this year.$1.58$0.83$0.75$0.12$0.13$0.02
2021Detailed filing. Detailed filing data is available for this year.$1.52$0.84$0.68$0.52$0.08$0.45
2020Detailed filing. Detailed filing data is available for this year.$0.73$0.50$0.23$0.10$0.05$0.04
2019Detailed filing. Detailed filing data is available for this year.$0.19$0.19$0.09$0.05$0.04
2018Detailed filing. Detailed filing data is available for this year.$0.15$0.15$0.07$0.05$0.03
2017Detailed filing. Detailed filing data is available for this year.$0.13$0.13$0.07$0.04$0.02
2016Detailed filing. Detailed filing data is available for this year.$0.10$0.10$0.06$0.04$0.02
2013Summary only. Only limited summary data is available for this year.$0.00$0.00$0.00$0.00$0.00