Civic Intelligence

Logansport Water System

990EZ • Fiscal year 2019 • EIN 46-2920155

Jan 01, 2019 to Dec 31, 2019 • Filed on Jul 10, 2020

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 2019

Liabilities / Revenue

Score unavailable

No value available

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

Source year 2019

Net Margin

92nd percentile

42%

Higher net margin than 92% of similar nonprofits.

2019 filings • 501(c)4 • <$500k nonprofits • Source year 2019

Top Officer Pay

88th percentile

$2,501

Higher top officer pay than 88% of similar nonprofits.

Top officer pay equals 2.7% of source-year revenue.

2019 filings • 501(c)4 • <$500k nonprofits • Source year 2019

Asset Growth

83rd percentile

26%

Faster asset growth than 83% of similar nonprofits.

2019 filings • 501(c)4 • <$500k nonprofits • Annualized from 2018 to 2019

Revenue Growth

83rd percentile

25%

Faster revenue growth than 83% of similar nonprofits.

2019 filings • 501(c)4 • <$500k nonprofits • Annualized from 2018 to 2019

Balance Sheet
Liabilities / AssetsScore unavailable

Assets

Up

$192,900

Up $39,351 (+26%) from 2018

Net Assets

Up

$192,900

Up $39,351 (+26%) from 2018

Liabilities

-

No earlier filing loaded for comparison.

Revenue And Expenses
Liabilities / RevenueScore unavailableNet Margin92nd percentile

Revenue

Up

$92,607

Up $18,816 (+25%) from 2018

Expenses

Up

$53,256

Up $5,964 (+13%) from 2018

Net Income

Up

$39,351

Up $12,852 (+48%) from 2018

Historical Trend

Balance Sheet Trend

Asset Growth83rd 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

2019

Assets$192,900
Liabilities-
Net Assets$192,900
Open 2019 Filing

Operations Trend

Revenue Growth83rd 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

2019

Revenue$92,607
Expenses$53,256
Net Income$39,351
Open 2019 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2019 to Dec 31, 2019
Signed
Jul 10, 2020
Return Version
2019v5.0
Gross Receipts
$92,607
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.-$53,256
Compensation and Service Providers
Top Officer Pay88th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
LOWELL GRAHAMPresidentPT$2,501-$2,501
JOEL LINDAHLDirector-$2,169-$2,169
SUE HUDSONSecretary/TrPT$1,354-$1,354
MARY OSBORNEDirector-$1,083-$1,083
RICK THOMPSONVice Preside-$0--
JEFF ASKEYDirector-$0--
CARL OHRTMANDirector-$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
5152013327
Signed
2020-07-10

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 equipment operating expense 54 funeral and memorials 80 office expense 1,319 insurance 1,422 bank charges 86 licenses & permits 25 repairs 2,533 water purchased 31,237 water testing 780 total 37,536”

Form 990-ez, Part II, Line 24

“Prepaid expenses and deferred charges 50,000 101,393 total 50,000 101,393”

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 Appendix124 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/PersonNm0SUE HUDSON
IRS990EZ/BooksInCareOfDetail/PhoneNum05152013327
IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt01139 193RD ST
IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0BOONE
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0IA
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd050036
IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt0103549
IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt091507
IRS990EZ/ChgMadeToOrgnzngDocNotRptInd0false
IRS990EZ/DonorAdvisedFndsInd0false
IRS990EZ/EngagedInExcessBenefitTransInd0false
IRS990EZ/ExcessOrDeficitForYearAmt039351
IRS990EZ/FeesAndOtherPymtToIndCntrctAmt06870
IRS990EZ/ForeignFinancialAccountInd0false
IRS990EZ/ForeignOfficeInd0false
IRS990EZ/Form1120PolFiledInd0false
IRS990EZ/Form990TotalAssetsGrp/BOYAmt0153549
IRS990EZ/Form990TotalAssetsGrp/EOYAmt0192900
IRS990EZ/GrossReceiptsAmt092607
IRS990EZ/InfoInScheduleOPartIIIInd0X
IRS990EZ/InfoInScheduleOPartIIInd0X
IRS990EZ/InfoInScheduleOPartIInd0X
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IRS990EZ/MembershipDuesAmt092607
IRS990EZ/MethodOfAccountingCashInd0X
IRS990EZ/NetAssetsOrFundBalancesBOYAmt0153549
IRS990EZ/NetAssetsOrFundBalancesEOYAmt0192900
IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt0153549
IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt0192900
IRS990EZ/OccupancyRentUtltsAndMaintAmt0100
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt015.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt11.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt27.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt32.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt41.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt51.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt61.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt02501
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt21354
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt32169
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt41083
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt50
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt60
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0LOWELL GRAHAM
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm1RICK THOMPSON
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm2SUE HUDSON
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm3JOEL LINDAHL
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm4MARY OSBORNE
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm5JEFF ASKEY
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm6CARL OHRTMAN
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0PRESIDENT
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1VICE PRESIDE
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2SECRETARY/TR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt3DIRECTOR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt4DIRECTOR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt5DIRECTOR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt6DIRECTOR
IRS990EZ/OperateHospitalInd0false
IRS990EZ/Organization501cInd0X
IRS990EZ/OrganizationDissolvedEtcInd0false
IRS990EZ/OrganizationHadUBIInd0false
IRS990EZ/OtherAssetsTotalDetail/BOYAmt050000
IRS990EZ/OtherAssetsTotalDetail/EOYAmt0101393
IRS990EZ/OtherExpensesTotalAmt037536
IRS990EZ/PoliticalCampaignActyInd0false
IRS990EZ/PrimaryExemptPurposeTxt0THE ORGANIZATION'S PURPOSE IS TO PROVIDE WATER FOR RESIDENTIAL AND AGRICULTURAL PURPOSES IN THE LOGANSPORT, IOWA AREA.
IRS990EZ/PrintingPublicationsPostageAmt0364
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0PROVIDING WATER FOR RESIDENTIAL AND AGRICULTURAL PURPOSES IN THE LOGANSPORT, IOWA AREA.
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt053256
IRS990EZ/ProhibitedTaxShelterTransInd0false
IRS990EZ/RelatedOrganizationCtrlEntInd0false
IRS990EZ/SalariesOtherCompEmplBnftAmt08386
IRS990EZ/ScheduleBNotRequiredInd0X
IRS990EZ/StatesWhereCopyOfReturnIsFldCd0IA
IRS990EZ/SubjectToProxyTaxInd0false
IRS990EZ/TanningServicesProvidedInd0false
IRS990EZ/TotalExpensesAmt053256
IRS990EZ/TotalProgramServiceExpensesAmt053256
IRS990EZ/TotalRevenueAmt092607
IRS990EZ/TransactionWithControlEntInd0false
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990EZ/WebsiteAddressTxt0N/A
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0EXPENSES EQUIPMENT OPERATING EXPENSE 54 FUNERAL AND MEMORIALS 80 OFFICE EXPENSE 1,319 INSURANCE 1,422 BANK CHARGES 86 LICENSES & PERMITS 25 REPAIRS 2,533 WATER PURCHASED 31,237 WATER TESTING 780 TOTAL 37,536
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1PREPAID EXPENSES AND DEFERRED CHARGES 50,000 101,393 TOTAL 50,000 101,393
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/BuildTS02021-01-29 14:40:06Z
ReturnHeader/BusinessOfficerGrp/PersonNm0LOWELL GRAHAM
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT
ReturnHeader/BusinessOfficerGrp/PhoneNum05152013327
ReturnHeader/BusinessOfficerGrp/SignatureDt02020-07-10
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/AtSubmissionCreationDeviceId05386B3E2BCA8DDFD185CA2B42E87F3C262AFC688
ReturnHeader/FilingSecurityInformation/AtSubmissionFilingDeviceId05386B3E2BCA8DDFD185CA2B42E87F3C262AFC688
ReturnHeader/FilingSecurityInformation/FilingLicenseTypeCd0P
ReturnHeader/FilingSecurityInformation/IPAddress/IPv4AddressTxt0108.166.156.202
ReturnHeader/FilingSecurityInformation/IPDt02020-07-15
ReturnHeader/FilingSecurityInformation/IPTimezoneCd0CD
ReturnHeader/FilingSecurityInformation/IPTm014:49:04
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/PreparationDt02020-07-10
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0CHRISTOPHER JACOBSEN
ReturnHeader/ReturnTs02020-07-15T14:49:04-05:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02019-01-01
ReturnHeader/TaxPeriodEndDt02019-12-31
ReturnHeader/TaxYr02019

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2019 • Form 990EZDetailed filing. Detailed filing data is available for this year.

Open filing
Assets
$192,900
Liabilities
-
Net assets
$192,900
Revenue
$92,607
Expenses
$53,256
Net income
$39,351
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