Civic Intelligence

Marble Community Water System

990EZ • Fiscal year 2024 • EIN 56-0947358

Jul 01, 2023 to Jun 30, 2024 • Filed on Oct 15, 2024

Organization ProfileN/A
PO Box 274Marble, NC 28905

(828) 361-5871

Siviq Scores

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

Liabilities / Assets

74th percentile

0.01x

Higher debt load relative to assets than 74% of similar nonprofits.

2024 filings • NTEE W • <$500k nonprofits • Source year 2024

Liabilities / Revenue

78th percentile

0.02x

Higher debt load relative to revenue than 78% of similar nonprofits.

2024 filings • NTEE W • <$500k nonprofits • Source year 2024

Net Margin

49th percentile

10%

Higher net margin than 49% of similar nonprofits.

2024 filings • NTEE W • <$500k nonprofits • Source year 2024

Top Officer Pay

90th percentile

$0

Higher top officer pay than 90% of similar nonprofits.

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

2024 filings • NTEE W • <$500k nonprofits • Source year 2024

Asset Growth

56th percentile

5.9%

Faster asset growth than 56% of similar nonprofits.

2024 filings • NTEE W • <$500k nonprofits • Annualized from 2023 to 2024

Revenue Growth

47th percentile

2.1%

Faster revenue growth than 47% of similar nonprofits.

2024 filings • NTEE W • <$500k nonprofits • Annualized from 2023 to 2024

Balance Sheet
Liabilities / Assets74th percentile

Assets

Up

$209,460

Up $11,684 (+5.9%) from 2023

Net Assets

Up

$206,786

Up $11,601 (+5.9%) from 2023

Liabilities

Up

$2,674

Up $83 (+3.2%) from 2023

Revenue And Expenses
Liabilities / Revenue78th percentileNet Margin49th percentile

Revenue

Up

$114,101

Up $2,314 (+2.1%) from 2023

Expenses

Down

$102,500

Down $10,012 (-8.9%) from 2023

Net Income

Up

$11,601

Up $12,326 (+1700%) from 2023

Historical Trend

Balance Sheet Trend

Asset Growth56th percentile

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

$1.5M$1.0M$500K$0Assets 2012: $1,078,116Liabilities 2012: $66,209Net Assets 2012: $1,011,9072012Assets 2013: $1,085,094Liabilities 2013: $57,323Net Assets 2013: $1,027,7712013Assets 2014: $1,083,383Liabilities 2014: $38,599Net Assets 2014: $1,044,7842014Assets 2015: $1,100,640Liabilities 2015: $24,708Net Assets 2015: $1,075,9322015Assets 2016: $1,106,968Liabilities 2016: $0Net Assets 2016: $1,106,9682016Assets 2017: $1,127,965Liabilities 2017: $0Net Assets 2017: $1,127,9652017Assets 2018: $113,557Liabilities 2018: $1,244Net Assets 2018: $112,3132018Assets 2019: $127,552Liabilities 2019: $1,2442019Assets 2020: $144,611Liabilities 2020: $1,2402020Assets 2021: $173,600Liabilities 2021: $1,2402021Assets 2022: $197,149Liabilities 2022: $1,239Net Assets 2022: $195,9102022Assets 2023: $197,776Liabilities 2023: $2,591Net Assets 2023: $195,1852023Assets 2024: $209,460Liabilities 2024: $2,674Net Assets 2024: $206,7862024Assets 2025: $193,857Liabilities 2025: $3,405Net Assets 2025: $190,4522025

Highlighted filing

2024

Assets$209,460
Liabilities$2,674
Net Assets$206,786
Open 2024 Filing

Operations Trend

Revenue Growth47th percentile

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

$150K$100K$50K$0-$50KRevenue 2012: $90,855Expenses 2012: $88,321Net Income 2012: $2,5342012Revenue 2013: $97,864Expenses 2013: $82,000Net Income 2013: $15,8642013Revenue 2014: $99,907Expenses 2014: $82,894Net Income 2014: $17,0132014Revenue 2015: $108,171Expenses 2015: $77,023Net Income 2015: $31,1482015Revenue 2016: $111,826Expenses 2016: $80,790Net Income 2016: $31,0362016Revenue 2017: $113,846Expenses 2017: $92,849Net Income 2017: $20,9972017Revenue 2018: $113,019Expenses 2018: $77,322Net Income 2018: $35,6972018Revenue 2019: $105,678Expenses 2019: $91,683Net Income 2019: $13,9952019Revenue 2020: $108,852Expenses 2020: $91,789Net Income 2020: $17,0632020Revenue 2021: $103,262Expenses 2021: $74,273Net Income 2021: $28,9892021Revenue 2022: $108,601Expenses 2022: $85,051Net Income 2022: $23,5502022Revenue 2023: $111,787Expenses 2023: $112,512Net Income 2023: -$7252023Revenue 2024: $114,101Expenses 2024: $102,500Net Income 2024: $11,6012024Revenue 2025: $103,538Expenses 2025: $119,872Net Income 2025: -$16,3342025

Highlighted filing

2024

Revenue$114,101
Expenses$102,500
Net Income$11,601
Open 2024 Filing
Jump To
Filing Snapshot
Filing Period
Jul 1, 2023 to Jun 30, 2024
Signed
Oct 15, 2024
Return Version
2023v5.1
Gross Receipts
$114,101
Mission and Program Overview

Mission

Provide water service to a rural communi

Program Services

DescriptionGrantsExpenses
PROVIDES WATER SERVICE TO RESIDENTS OF A SMALL RURAL COMMUNITY WHICH HAS NO ACCESS TO A MUNICIPAL WATER SYSTEM. MANY OF THESE RESIDENTS ARE ELDERLY OR ECONOMICALLY DISADVANTAGED.-$102,732
Compensation and Service Providers
Top Officer Pay90th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
KEITH LOVINPresident-$0--
JEFFREY LEDFORDVice President-$0--
BRENDA GIBBYSecretary-$0--
JERRY HUGHESBoard Member-$0--
SANDY HEADBookkeeperPT$0--
STACY LOVINGOODBoard Member-$0--
ROBERT D PALMEREmployeePT$0--
Filing and Contact Details

Filer

Filer Name
Marble Community Water System
EIN
56-0947358
Address
PO BOX 274, MARBLE, NC 28905

Signing Officer

Name
Keith Lovin
Title
President
Phone
8283615871
Signed
2024-10-15
Discuss with paid preparer
Yes

Preparer

Firm
Turner & Company CPAs PA
Address
31 Peachtree Street, Murphy, NC 28906
Preparer
Leah P Hooper
Phone
8288378188
Supplemental Narrative

Additional Explanations

Description of other expenses Part I line 16

“Description amountbank charges 904dues & subscriptions 310fuel & truck expenses 2,375insurance 6,234water testing 1,240licenses & permits 1,070materials & supplies 6,951advertising 64well expenses 180”

Description of total liabilities Part II line 26

“Category beginning of year end of yearpayroll tax liabilities 2,591 2,674”

Raw XML Appendix159 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
CompensationExplanation/CompensationExplanationGrp/PersonNm0SANDY HEAD
CompensationExplanation/CompensationExplanationGrp/PersonNm1ROBERT D PALMER
CompensationExplanation/CompensationExplanationGrp/ShortExplanationTxt0SANDY HEAD IS IN CHARGE OF BILLING AND ACCOUNTS PAYABLE INCLUDING PREPARING PAYROLL.
CompensationExplanation/CompensationExplanationGrp/ShortExplanationTxt1ROBERT D PALMER IS AN EMPLOYEE OF THE WATER DEPARTMENT. HE IS IN CHARGE OF MANAGEMENT AND MAINTAINING THE EQUIPMENT.
IRS990EZ/ActivitiesNotPreviouslyRptInd0false
IRS990EZ/BooksInCareOfDetail/PersonNm0SANDY HEAD
IRS990EZ/BooksInCareOfDetail/PhoneNum08283615871
IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt0PO BOX 274
IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0MARBLE
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0NC
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd028905
IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt0181876
IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt0193560
IRS990EZ/ChgMadeToOrgnzngDocNotRptInd0false
IRS990EZ/DonorAdvisedFndsInd0false
IRS990EZ/ExcessOrDeficitForYearAmt011601
IRS990EZ/FeesAndOtherPymtToIndCntrctAmt011115
IRS990EZ/ForeignFinancialAccountInd0false
IRS990EZ/Form1120PolFiledInd0false
IRS990EZ/Form990TotalAssetsGrp/BOYAmt0197776
IRS990EZ/Form990TotalAssetsGrp/EOYAmt0209460
IRS990EZ/GrossReceiptsAmt0114101
IRS990EZ/InfoInScheduleOPartIIInd0X
IRS990EZ/InfoInScheduleOPartIInd0X
IRS990EZ/InvestmentIncomeAmt0278
IRS990EZ/LandAndBuildingsGrp/BOYAmt015900
IRS990EZ/LandAndBuildingsGrp/EOYAmt015900
IRS990EZ/MadeLoansToFromOfficersInd0false
IRS990EZ/MethodOfAccountingCashInd0X
IRS990EZ/NetAssetsOrFundBalancesBOYAmt0195185
IRS990EZ/NetAssetsOrFundBalancesEOYAmt0206786
IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt0195185
IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt0206786
IRS990EZ/OccupancyRentUtltsAndMaintAmt024527
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt01.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt11.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt21.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt31.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt420.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt51.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt630.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt30
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt40
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt50
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt60
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt30
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt40
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt50
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt60
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt30
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt40
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt50
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt60
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0KEITH LOVIN
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm1JEFFREY LEDFORD
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm2BRENDA GIBBY
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm3JERRY HUGHES
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm4SANDY HEAD
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm5STACY LOVINGOOD
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm6ROBERT D PALMER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0PRESIDENT
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1VICE PRESIDENT
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2SECRETARY
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt3BOARD MEMBER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt4BOOKKEEPER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt5BOARD MEMBER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt6EMPLOYEE
IRS990EZ/OperateHospitalInd0false
IRS990EZ/Organization501cInd0X
IRS990EZ/OrganizationDissolvedEtcInd0false
IRS990EZ/OrganizationHadUBIInd0false
IRS990EZ/OtherAssetsTotalDetail/BOYAmt00
IRS990EZ/OtherAssetsTotalDetail/EOYAmt00
IRS990EZ/OtherExpensesTotalAmt019328
IRS990EZ/PoliticalCampaignActyInd0false
IRS990EZ/PrimaryExemptPurposeTxt0PROVIDE WATER SERVICE TO A RURAL COMMUNI
IRS990EZ/PrintingPublicationsPostageAmt03180
IRS990EZ/ProgramServiceRevenueAmt0113823
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0PROVIDES WATER SERVICE TO RESIDENTS OF A SMALL RURAL COMMUNITY WHICH HAS NO ACCESS TO A MUNICIPAL WATER SYSTEM. MANY OF THESE RESIDENTS ARE ELDERLY OR ECONOMICALLY DISADVANTAGED.
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt0102732
IRS990EZ/ProhibitedTaxShelterTransInd0false
IRS990EZ/RelatedOrganizationCtrlEntInd0false
IRS990EZ/SalariesOtherCompEmplBnftAmt044350
IRS990EZ/StatesWhereCopyOfReturnIsFldCd0NC
IRS990EZ/SubjectToProxyTaxInd0false
IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt02591
IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt02674
IRS990EZ/TanningServicesProvidedInd0false
IRS990EZ/TotalExpensesAmt0102500
IRS990EZ/TotalProgramServiceExpensesAmt0102732
IRS990EZ/TotalRevenueAmt0114101
IRS990EZ/TransactionWithControlEntInd0false
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990EZ/WebsiteAddressTxt0N/A
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt0113823
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt0111646
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt0108573
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt0103123
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt0108660
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt0545825
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt0278
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt0141
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt028
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt024
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus4YearsAmt020
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt0491
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.99910
IRS990ScheduleA/PublicSupportPY170Pct00.99920
IRS990ScheduleA/PublicSupportTotal170Amt0545825
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt0113823
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt0111646
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt0108573
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt0103123
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt0108660
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt0545825
IRS990ScheduleA/TotalSupportAmt0546316
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0DESCRIPTION AMOUNTBANK CHARGES 904DUES & SUBSCRIPTIONS 310FUEL & TRUCK EXPENSES 2,375INSURANCE 6,234WATER TESTING 1,240LICENSES & PERMITS 1,070MATERIALS & SUPPLIES 6,951ADVERTISING 64WELL EXPENSES 180
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1CATEGORY BEGINNING OF YEAR END OF YEARPAYROLL TAX LIABILITIES 2,591 2,674
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Description of other expenses Part I line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Description of total liabilities Part II line 26
ReturnHeader/BuildTS02024-10-15 13:58:12Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0KEITH LOVIN
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT
ReturnHeader/BusinessOfficerGrp/PhoneNum08283615871
ReturnHeader/BusinessOfficerGrp/SignatureDt02024-10-15
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0MARBLE COMMUNITY WATER SYSTEM
ReturnHeader/Filer/BusinessNameControlTxt0MARB
ReturnHeader/Filer/EIN0560947358
ReturnHeader/Filer/USAddress/AddressLine1Txt0PO BOX 274
ReturnHeader/Filer/USAddress/CityNm0MARBLE
ReturnHeader/Filer/USAddress/StateAbbreviationCd0NC
ReturnHeader/Filer/USAddress/ZIPCd028905
ReturnHeader/IRSResponsiblePrtyInfoCurrInd0true
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0561225077
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0Turner & Company CPAs PA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt031 Peachtree Street
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0Murphy
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0NC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd028906
ReturnHeader/PreparerPersonGrp/PhoneNum08288378188
ReturnHeader/PreparerPersonGrp/PreparationDt02024-10-23
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0LEAH P HOOPER
ReturnHeader/ReturnTs02024-10-23T17:19:39-04:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02023-07-01
ReturnHeader/TaxPeriodEndDt02024-06-30
ReturnHeader/TaxYr02023

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2024 • Form 990EZDetailed filing. Detailed filing data is available for this year.

Open filing
Assets
$209,460
Liabilities
$2,674
Net assets
$206,786
Revenue
$114,101
Expenses
$102,500
Net income
$11,601
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Detailed filing. Detailed filing data is available for this year.$0.19$0.00$0.19$0.10$0.12$0.02
2024Detailed filing. Detailed filing data is available for this year.$0.21$0.00$0.21$0.11$0.10$0.01
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.20$0.00$0.20$0.11$0.11$0.00
2022Detailed filing. Detailed filing data is available for this year.$0.20$0.00$0.20$0.11$0.09$0.02
2021Summary only. Only limited summary data is available for this year.$0.17$0.00$0.10$0.07$0.03
2020Summary only. Only limited summary data is available for this year.$0.14$0.00$0.11$0.09$0.02
2019Summary only. Only limited summary data is available for this year.$0.13$0.00$0.11$0.09$0.01
2018Summary only. Only limited summary data is available for this year.$0.11$0.00$0.11$0.11$0.08$0.04
2017Summary only. Only limited summary data is available for this year.$1.13$0.00$1.13$0.11$0.09$0.02
2016Summary only. Only limited summary data is available for this year.$1.11$0.00$1.11$0.11$0.08$0.03
2015Summary only. Only limited summary data is available for this year.$1.10$0.02$1.08$0.11$0.08$0.03
2014Summary only. Only limited summary data is available for this year.$1.08$0.04$1.04$0.10$0.08$0.02
2013Summary only. Only limited summary data is available for this year.$1.09$0.06$1.03$0.10$0.08$0.02
2012Summary only. Only limited summary data is available for this year.$1.08$0.07$1.01$0.09$0.09$0.00