Civic Intelligence

Dillsboro Water and Sewer Inc

EIN 56-2270420 • 501(c)17 • Dillsboro, NC

Profile

Water and sewer services

PO Box 1052Dillsboro, NC 28725

n/A

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

91st percentile

0.61x

Higher debt load relative to assets than 91% of similar nonprofits.

<$500k nonprofits • Source year 2021

Liabilities / Revenue

98th percentile

4.72x

Higher debt load relative to revenue than 98% of similar nonprofits.

<$500k nonprofits • Source year 2021

Net Margin

63rd percentile

9.6%

Higher net margin than 63% of similar nonprofits.

<$500k nonprofits • Source year 2021

Top Officer Pay

85th percentile

$4,800

Higher top officer pay than 85% of similar nonprofits.

Top officer pay equals 21.3% of source-year revenue.

<$500k nonprofits • Source year 2021

Asset Growth

Score unavailable

No value available

No earlier valid filing was available within the previous three public years.

Source year 2021

Revenue Growth

Score unavailable

No value available

No earlier valid filing was available within the previous three public years.

Source year 2021

Balance Sheet
Liabilities / Assets91st percentile

Assets

$175,467

No earlier filing loaded for comparison.

Liabilities

$106,256

No earlier filing loaded for comparison.

Net Assets

$69,211

No earlier filing loaded for comparison.

Operations
Liabilities / Revenue98th percentileNet Margin63rd percentile

Revenue

$22,535

No earlier filing loaded for comparison.

Expenses

$20,364

No earlier filing loaded for comparison.

Net Income

$2,171

No earlier filing loaded for comparison.

Trend Graphs

Balance Sheet Trend

Asset GrowthScore unavailable

Grouped bars show assets, liabilities, and net assets across loaded filings.

$200K$150K$100K$50K$0Assets 2021: $175,467Liabilities 2021: $106,256Net Assets 2021: $69,2112021

Highlighted filing

2021

Assets$175,467
Liabilities$106,256
Net Assets$69,211
Open 2021 Filing

Operations Trend

Revenue GrowthScore unavailable

Revenue, expenses, and net income by year, with the latest filing highlighted.

$30K$20K$10K$0Revenue 2021: $22,535Expenses 2021: $20,364Net Income 2021: $2,1712021

Highlighted filing

2021

Revenue$22,535
Expenses$20,364
Net Income$2,171
Open 2021 Filing

Filings

Most recent year

2021 • Form 990EZDetailed filing. Detailed filing data is available for this year.

Open filing
Assets
$175,467
Liabilities
$106,256
Net assets
$69,211
Revenue
$22,535
Expenses
$20,364
Net income
$2,171
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2021Detailed filing. Detailed filing data is available for this year.$1.75$1.06$0.69$0.23$0.20$0.02
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2021 to Dec 31, 2021
Signed
May 13, 2022
Return Version
2021v4.1
Gross Receipts
$22,535
Mission and Program Overview

Mission

Water and sewer services

Program Services

DescriptionGrantsExpenses
Providing water and sewer services to the Holiday Inn Expressof Dillsboro as well as other businesses in the area.--
Compensation and Service Providers
Top Officer Pay85th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
Kenneth OwenPresidentPT$4,800-$4,800
Filing and Contact Details

Filer

Filer Name
Dillsboro Water and Sewer Inc
EIN
56-2270420
Phone
8285088300
Address
PO Box 1052, Dillsboro, NC 28725

Signing Officer

Name
Kenneth Owen
Title
President
Phone
8285088300
Signed
2022-05-13
Discuss with paid preparer
Yes

Preparer

Firm
Brooks CPA PLLC
Address
PO Box 1483, Whittier, NC 28789
Preparer
Frances M Brooks CPA
Phone
8284975390
Supplemental Narrative

Additional Explanations

Form 990EZ, Part I, Line 8

“Capital gain net income 16054.”

Form 990EZ, Part I, Line 8

“Interest income from installment sale 6479.”

Form 990EZ, Part I, Line 16

“990-T Sch A-II, Line 15 13136.”

Form 990EZ, Part I, Line 16

“Non-investment Depreciation 7228.”

Form 990EZ, Part I, Line 20

“PY adjustment -19104.”

Form 990EZ, Part II, Line 24

“Note receivable 175467.”

Form 990EZ, Part II, Line 26

“Deferred gain 106256.”

Raw XML Appendix130 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/PersonNm0Kenneth Owen
IRS990EZ/BooksInCareOfDetail/PhoneNum08285088300
IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt0PO Box 1052
IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0Dillsboro
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0NC
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd028725
IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt023650
IRS990EZ/ChgMadeToOrgnzngDocNotRptInd0false
IRS990EZ/ContributionsGiftsGrantsEtcAmt00
IRS990EZ/CostOfGoodsSoldAmt00
IRS990EZ/CostOrOtherBasisExpenseSaleAmt00
IRS990EZ/DonorAdvisedFndsInd0false
IRS990EZ/ExcessOrDeficitForYearAmt02171
IRS990EZ/ForeignFinancialAccountInd0false
IRS990EZ/ForeignOfficeInd0false
IRS990EZ/Form1120PolFiledInd0false
IRS990EZ/Form990TotalAssetsGrp/BOYAmt0132068
IRS990EZ/Form990TotalAssetsGrp/EOYAmt0175467
IRS990EZ/FundraisingGrossIncomeAmt00
IRS990EZ/GainOrLossFromSaleOfAssetsAmt00
IRS990EZ/GrossProfitLossSlsOfInvntryAmt00
IRS990EZ/GrossReceiptsAmt022535
IRS990EZ/GrossReceiptsForPublicUseAmt00
IRS990EZ/InfoInScheduleOPartIIInd0X
IRS990EZ/InfoInScheduleOPartIInd0X
IRS990EZ/InitiationFeesAndCapContriAmt00
IRS990EZ/InvestmentIncomeAmt02
IRS990EZ/MadeLoansToFromOfficersInd0false
IRS990EZ/MembershipDuesAmt00
IRS990EZ/MethodOfAccountingCashInd0X
IRS990EZ/NetAssetsOrFundBalancesBOYAmt086144
IRS990EZ/NetAssetsOrFundBalancesEOYAmt069211
IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt086144
IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt069211
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt05.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt04800
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0Kenneth Owen
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0President
IRS990EZ/OperateHospitalInd0false
IRS990EZ/Organization501cInd0X
IRS990EZ/OrganizationDissolvedEtcInd0true
IRS990EZ/OrganizationFiled990TInd0true
IRS990EZ/OrganizationHadUBIInd0true
IRS990EZ/OtherAssetsTotalDetail/BOYAmt0108418
IRS990EZ/OtherAssetsTotalDetail/EOYAmt0175467
IRS990EZ/OtherChangesInNetAssetsAmt0-19104
IRS990EZ/OtherExpensesTotalAmt020364
IRS990EZ/OtherRevenueTotalAmt022533
IRS990EZ/PrimaryExemptPurposeTxt0Water and sewer services
IRS990EZ/ProgramServiceRevenueAmt00
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0Providing water and sewer services to the Holiday Inn Expressof Dillsboro as well as other businesses in the area.
IRS990EZ/ProhibitedTaxShelterTransInd0false
IRS990EZ/RelatedOrganizationCtrlEntInd0false
IRS990EZ/ScheduleBNotRequiredInd0X
IRS990EZ/SpecialEventsDirectExpensesAmt00
IRS990EZ/SpecialEventsNetIncomeLossAmt00
IRS990EZ/SubjectToProxyTaxInd0false
IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt045924
IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt0106256
IRS990EZ/TanningServicesProvidedInd0false
IRS990EZ/TotalExpensesAmt020364
IRS990EZ/TotalRevenueAmt022535
IRS990EZ/TransactionWithControlEntInd0false
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990EZ/WebsiteAddressTxt0N/A
IRS990ScheduleN/AssetsDistributedInd0true
IRS990ScheduleN/BondsOutstandingInd0false
IRS990ScheduleN/LiabilitiesPaidInd0true
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/AssetsDistriOrExpnssPaidDesc0Sewer and water system
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/DistributionDt02021-01-11
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/FairMarketValueOfAssetAmt0225000
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/IRCSectionTxt0501(c)(2)
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/MethodOfFMVDeterminationTxt0Comparative value
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/PersonNm0Dillsboro Water Utilities Inc
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/USAddress/AddressLine1Txt0163 Sylvan St
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/USAddress/CityNm0Waynesville
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/USAddress/StateAbbreviationCd0NC
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/USAddress/ZIPCd028786
IRS990ScheduleN/RequiredToNotifyAGInd0false
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0Capital gain net income 16054.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1Interest income from installment sale 6479.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2990-T Sch A-II, Line 15 13136.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3Non-investment Depreciation 7228.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4PY adjustment -19104.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5Note receivable 175467.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6Deferred gain 106256.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990EZ, Part I, Line 8
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990EZ, Part I, Line 8
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Form 990EZ, Part I, Line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Form 990EZ, Part I, Line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Form 990EZ, Part I, Line 20
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5Form 990EZ, Part II, Line 24
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6Form 990EZ, Part II, Line 26
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/AuthenticationAssuranceLevelCd0AAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/FederatedAssuranceLevelCd0FAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/IdentityAssuranceLevelCd0IAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/TrustedCustomerCd00
ReturnHeader/BuildTS02023-04-26 12:10:37Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0Kenneth Owen
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0President
ReturnHeader/BusinessOfficerGrp/PhoneNum08285088300
ReturnHeader/BusinessOfficerGrp/SignatureDt02022-05-13
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0Dillsboro Water and Sewer Inc
ReturnHeader/Filer/BusinessNameControlTxt0DILL
ReturnHeader/Filer/EIN0562270420
ReturnHeader/Filer/PhoneNum08285088300
ReturnHeader/Filer/USAddress/AddressLine1Txt0PO Box 1052
ReturnHeader/Filer/USAddress/CityNm0Dillsboro
ReturnHeader/Filer/USAddress/StateAbbreviationCd0NC
ReturnHeader/Filer/USAddress/ZIPCd028725
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0571153247
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0Brooks CPA PLLC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0PO Box 1483
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0Whittier
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0NC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd028789
ReturnHeader/PreparerPersonGrp/PhoneNum08284975390
ReturnHeader/PreparerPersonGrp/PreparationDt02022-05-13
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0Frances M Brooks CPA
ReturnHeader/ReturnTs02024-05-10T10:25:23-07:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0Kenneth
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0Owen
ReturnHeader/TaxPeriodBeginDt02021-01-01
ReturnHeader/TaxPeriodEndDt02021-12-31
ReturnHeader/TaxYr02021

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