Civic Intelligence

Inlet Beach Water System Inc

EIN 59-1222680 • 501(c)12 • Panama City Beach, FL

Profile

Provide water & sewer service to rural households.

95 N Wall StPanama City Beach, FL 32461-7258

inletbeachwater.com

Siviq Scores

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

Liabilities / Assets

27th percentile

0.08x

Higher debt load relative to assets than 27% of similar nonprofits.

501(c)12 • $5M-$10M nonprofits • Source year 2023

Liabilities / Revenue

29th percentile

0.36x

Higher debt load relative to revenue than 29% of similar nonprofits.

501(c)12 • $5M-$10M nonprofits • Source year 2023

Net Margin

32nd percentile

2.3%

Higher net margin than 32% of similar nonprofits.

501(c)12 • $5M-$10M nonprofits • Source year 2023

Top Officer Pay

Score unavailable

No value available

No filing with officer rows is available for this organization yet.

Asset Growth

41st percentile

1.3%

Faster asset growth than 41% of similar nonprofits.

501(c)12 • $5M-$10M nonprofits • Annualized from 2022 to 2023

Revenue Growth

5th percentile

-19%

Faster revenue growth than 5% of similar nonprofits.

501(c)12 • $5M-$10M nonprofits • Annualized from 2022 to 2023

Balance Sheet
Liabilities / Assets27th percentile

Assets

Up

$7,235,347

Up $90,611 (+1.3%) from 2022

Liabilities

Up

$578,977

Up $53,974 (+10%) from 2022

Net Assets

Up

$6,656,370

Up $36,637 (+0.6%) from 2022

Operations
Liabilities / Revenue29th percentileNet Margin32nd percentile

Revenue

Down

$1,595,977

Down $367,089 (-19%) from 2022

Expenses

Up

$1,559,340

Up $122,994 (+8.6%) from 2022

Net Income

Down

$36,637

Down $490,083 (-93%) from 2022

Trend Graphs

Balance Sheet Trend

Asset Growth41st percentile

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

$8.0M$6.0M$4.0M$2.0M$0Assets 2011: $3,386,210Liabilities 2011: $238,874Net Assets 2011: $3,147,3362011Assets 2012: $3,325,884Liabilities 2012: $227,050Net Assets 2012: $3,098,8342012Assets 2013: $3,292,216Liabilities 2013: $235,035Net Assets 2013: $3,057,1812013Assets 2014: $4,103,626Liabilities 2014: $351,871Net Assets 2014: $3,751,7552014Assets 2015: $4,293,425Liabilities 2015: $231,834Net Assets 2015: $4,061,5912015Assets 2016: $4,878,484Liabilities 2016: $259,455Net Assets 2016: $4,619,0292016Assets 2017: $5,213,462Liabilities 2017: $234,281Net Assets 2017: $4,979,1812017Assets 2018: $5,523,519Liabilities 2018: $645,696Net Assets 2018: $4,877,8232018Assets 2019: $5,699,838Liabilities 2019: $642,439Net Assets 2019: $5,057,3992019Assets 2020: $6,328,969Liabilities 2020: $713,150Net Assets 2020: $5,615,8192020Assets 2021: $6,959,654Liabilities 2021: $708,102Net Assets 2021: $6,251,5522021Assets 2022: $7,144,736Liabilities 2022: $525,003Net Assets 2022: $6,619,7332022Assets 2023: $7,235,347Liabilities 2023: $578,977Net Assets 2023: $6,656,3702023

Highlighted filing

2023

Assets$7,235,347
Liabilities$578,977
Net Assets$6,656,370
Open 2023 Filing

Operations Trend

Revenue Growth5th percentile

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

$2.0M$1.0M$0-$1.0MExpenses 2011: $332,8952011Revenue 2012: $291,024Expenses 2012: $339,526Net Income 2012: -$48,5022012Expenses 2013: $369,0212013Revenue 2014: $1,548,580Expenses 2014: $854,006Net Income 2014: $694,5742014Revenue 2015: $816,369Expenses 2015: $506,533Net Income 2015: $309,8362015Revenue 2016: $1,310,145Expenses 2016: $752,707Net Income 2016: $557,4382016Revenue 2017: $1,046,001Expenses 2017: $685,849Net Income 2017: $360,1522017Revenue 2018: $964,098Expenses 2018: $824,568Net Income 2018: $139,5302018Revenue 2019: $1,065,642Expenses 2019: $886,066Net Income 2019: $179,5762019Revenue 2020: $1,386,021Expenses 2020: $827,601Net Income 2020: $558,4202020Revenue 2021: $1,545,150Expenses 2021: $909,417Net Income 2021: $635,7332021Revenue 2022: $1,963,066Expenses 2022: $1,436,346Net Income 2022: $526,7202022Revenue 2023: $1,595,977Expenses 2023: $1,559,340Net Income 2023: $36,6372023

Highlighted filing

2023

Revenue$1,595,977
Expenses$1,559,340
Net Income$36,637
Open 2023 Filing

Filings

Most recent year

2023 • Form 990Facts available. Structured filing facts are available, but richer extracted sections are limited.

Open filing
Assets
$7,235,347
Liabilities
$578,977
Net assets
$6,656,370
Revenue
$1,595,977
Expenses
$1,559,340
Net income
$36,637
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2023Facts available. Structured filing facts are available, but richer extracted sections are limited.$7.24$0.58$6.66$1.60$1.56$0.04
2022XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$7.14$0.53$6.62$1.96$1.44$0.53
2021Facts available. Structured filing facts are available, but richer extracted sections are limited.$6.96$0.71$6.25$1.55$0.91$0.64
2020Summary only. Only limited summary data is available for this year.$6.33$0.71$5.62$1.39$0.83$0.56
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$5.70$0.64$5.06$1.07$0.89$0.18
2018Facts available. Structured filing facts are available, but richer extracted sections are limited.$5.52$0.65$4.88$0.96$0.82$0.14
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$5.21$0.23$4.98$1.05$0.69$0.36
2016Detailed filing. Detailed filing data is available for this year.$4.88$0.26$4.62$1.31$0.75$0.56
2015Detailed filing. Detailed filing data is available for this year.$4.29$0.23$4.06$0.82$0.51$0.31
2014Detailed filing. Detailed filing data is available for this year.$4.10$0.35$3.75$1.55$0.85$0.69
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$3.29$0.24$3.06$0.37
2012Summary only. Only limited summary data is available for this year.$3.33$0.23$3.10$0.29$0.34$0.05
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$3.39$0.24$3.15$0.33
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jul 1, 2022 to Jun 30, 2023
Signed
Nov 10, 2023
Return Version
2022v5.0
Gross Receipts
$1,595,977
Mission and Program Overview

Mission

Provide water & sewer service to rural households

Balance Sheet Detail
LineBeginningEndChange
Assets
Rtn Earn Endowment Incm Other Fnds$6,369,133$6,405,770▲ $36,637
Land, Buildings, and Equipment, Net$3,304,689$3,870,579▲ $565,890
Savings and Temporary Cash Investments$336,372$2,023,950▲ $1,687,578
Cash and Non-Interest-Bearing Accounts$3,228,014$1,099,906▼ $2,128,108
Pd in Cap Srpls Land Bldg Eqp Fund$250,600$250,600→ $0
Inventories for Sale or Use$89,514$131,382▲ $41,868
Accounts Receivable$86,147$109,530▲ $23,383
Prepaid Expenses and Deferred Charges$100,000$0▼ $100,000
Cap Stk Tr Prin Current Funds$0$0→ $0
Total Assets$7,144,736$7,235,347▲ $90,611
Liabilities
Other Liabilities$509,948$563,663▲ $53,715
Accounts Payable and Accrued Expenses$15,055$15,314▲ $259
Total Liabilities$525,003$578,977▲ $53,974
Net Assets / Fund Balance
Total Net Assets Fund Balance$6,619,733$6,656,370▲ $36,637
Total Liabilities and Net Assets / Fund Balance$7,144,736$7,235,347▲ $90,611

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$2,932,416$2,083,031$5,015,447
Buildings$416,028$118,237$534,265
Land$522,135-$522,135
Compensation and Service Providers
Top Officer PayScore unavailable

Board Members and Trustees

NameTitle
Jim KellyPresident
Roger Allen FowlerGeneral Manager
Judy HarrisMember
Mark WhitlowMember
Steadman Shealy JrMember
Amanda EdwardsSecretary/Treasurer

Highest Paid Contractors

ContractorServicesLocationCompensation
Holland & Knight LLPLegal ServicesPO Box 936937, Atlanta, GA 31193$263,015
Clearwater Solutions LLCPayroll Services2178 Moores Mill Rd, Auburn, AL 36830$208,700
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$1,505,506
Investment Income
$35,655
Other Revenue
$54,816
Change in Net Assets
$36,637
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$1,559,295
Salaries, Compensation, and Employee Benefits$45
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Fees for Services Management---$524,052
Fees for Services Legal---$297,725
Depreciation Depletion---$194,711
All Other Expenses---$151,330
Other Expenses---$40,359
Fees for Services Accounting---$17,110
Occupancy---$15,672
Office Expenses---$14,547
Insurance---$14,408
Travel---$2,851
Information Technology---$1,626
Payroll Taxes---$45
Total Functional Expenses$0$0$0$1,559,340
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
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Other Liabilities - Sewer$469,530
Customer Sewer Deposits$91,200
Other Liabilities$2,933
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
Yes
Audit committee
Yes
Backup withholding compliance
Yes
Business relationship with 35% controlled entity
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
No
Conflict-of-interest policy
No
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section A, line 6

“The organization is a utility company and the utility users are members.”

Form 990, Part VI, Section A, line 7A

“The members of the corporation elect the board of directors.”

Form 990, Part VI, Section B, line 11B

“Completed tax return is reviewed by the president of the board of directors.”

Form 990, Part VI, Section B, line 15A

“Board of directors reviews/evaluates all employees and approves rates of pay as recorded in the board of directors' minutes.”

Form 990, Part VI, Section C, line 19

“Documents can be requested at the company's office.”

Filing and Contact Details

Filer

Filer Name
Inlet Beach Water System Inc
EIN
59-1222680
Phone
8502314498
Address
95 N Wall St, Panama City Beach, FL 32461-7258

Signing Officer

Name
Ernest Clark
Title
President
Phone
8502314498
Signed
2023-11-10
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Ernest Clark
Formed
1967
Legal Domicile
Fl
Voting Board Members
5
Independent Board Members
5
Employees
0
Volunteers
0

Preparer

Firm
Jackson Thornton & Co PC
Address
PO Box 96, Montgomery, AL 36101-0096
Preparer
Patrick Cooper
Phone
3348347660
Raw XML Appendix358 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
IRS990/AccountantCompileOrReviewInd01
IRS990/AccountsPayableAccrExpnssGrp/BOYAmt015055
IRS990/AccountsPayableAccrExpnssGrp/EOYAmt015314
IRS990/AccountsReceivableGrp/BOYAmt086147
IRS990/AccountsReceivableGrp/EOYAmt0109530
IRS990/AcctCompileOrReviewBasisGrp/SeparateBasisFinclStmtInd0X
IRS990/ActivitiesConductedPrtshpInd00
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IRS990/AllOtherExpensesGrp/TotalAmt0151330
IRS990/AuditCommitteeInd01
IRS990/BackupWthldComplianceInd01
IRS990/BooksInCareOfDetail/BusinessName/BusinessNameLine1Txt0Ernest Clark
IRS990/BooksInCareOfDetail/PhoneNum08502314498
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt095 N Wall Street
IRS990/BooksInCareOfDetail/USAddress/CityNm0Panama City Beach
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0FL
IRS990/BooksInCareOfDetail/USAddress/ZIPCd0324617258
IRS990/BusinessRlnWith35CtrlEntInd00
IRS990/BusinessRlnWithFamMemInd00
IRS990/BusinessRlnWithOrgMemInd00
IRS990/CapStkTrPrinCurrentFundsGrp/BOYAmt00
IRS990/CapStkTrPrinCurrentFundsGrp/EOYAmt00
IRS990/CashNonInterestBearingGrp/BOYAmt03228014
IRS990/CashNonInterestBearingGrp/EOYAmt01099906
IRS990/ChangeToOrgDocumentsInd00
IRS990/CntrctRcvdGreaterThan100KCnt02
IRS990/CollectionsOfArtInd00
IRS990/CompensationFromOtherSrcsInd00
IRS990/CompensationProcessCEOInd01
IRS990/CompensationProcessOtherInd00
IRS990/ConflictOfInterestPolicyInd00
IRS990/ConservationEasementsInd00
IRS990/ConsolidatedAuditFinclStmtInd00
IRS990/ContractorCompensationGrp/CompensationAmt0263015
IRS990/ContractorCompensationGrp/CompensationAmt1208700
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/AddressLine1Txt0PO Box 936937
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/AddressLine1Txt12178 Moores Mill Rd
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/CityNm0Atlanta
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/CityNm1Auburn
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IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/ZIPCd031193
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/ZIPCd136830
IRS990/ContractorCompensationGrp/ContractorName/BusinessName/BusinessNameLine1Txt0Holland & Knight LLP
IRS990/ContractorCompensationGrp/ContractorName/BusinessName/BusinessNameLine1Txt1Clearwater Solutions LLC
IRS990/ContractorCompensationGrp/ServicesDesc0Legal Services
IRS990/ContractorCompensationGrp/ServicesDesc1Payroll Services
IRS990/CreditCounselingInd00
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IRS990/CYContributionsGrantsAmt00
IRS990/CYGrantsAndSimilarPaidAmt00
IRS990/CYInvestmentIncomeAmt035655
IRS990/CYOtherExpensesAmt01559295
IRS990/CYOtherRevenueAmt054816
IRS990/CYProgramServiceRevenueAmt01505506
IRS990/CYRevenuesLessExpensesAmt036637
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IRS990/CYTotalExpensesAmt01559340
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IRS990/CYTotalRevenueAmt01595977
IRS990/DecisionsSubjectToApprovaInd00
IRS990/DeductibleArtContributionInd00
IRS990/DeductibleNonCashContriInd00
IRS990/DelegationOfMgmtDutiesInd00
IRS990/DepreciationDepletionGrp/TotalAmt0194711
IRS990/Desc0Provide water service to approximately 1,036 rural households. Provide sewer service to approximately 832 rural households.
IRS990/DescribedInSection501c3Ind00
IRS990/DisregardedEntityInd00
IRS990/DocumentRetentionPolicyInd00
IRS990/DonorAdvisedFundInd00
IRS990/DonorRstrOrQuasiEndowmentsInd00
IRS990/ElectionOfBoardMembersInd01
IRS990/EmployeeCnt00
IRS990/FamilyOrBusinessRlnInd00
IRS990/FederalGrantAuditRequiredInd00
IRS990/FeesForServicesAccountingGrp/TotalAmt017110
IRS990/FeesForServicesLegalGrp/TotalAmt0297725
IRS990/FeesForServicesManagementGrp/TotalAmt0524052
IRS990/ForeignActivitiesInd00
IRS990/ForeignFinancialAccountInd00
IRS990/ForeignOfficeInd00
IRS990/Form1098CFiledInd00
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IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt20.50
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt30.50
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt40.50
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt510.00
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IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd2X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd3X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd4X
IRS990/Form990PartVIISectionAGrp/OfficerInd0X
IRS990/Form990PartVIISectionAGrp/OfficerInd1X
IRS990/Form990PartVIISectionAGrp/OfficerInd2X
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt00
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt10
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt20
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt30
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IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt50
IRS990/Form990PartVIISectionAGrp/PersonNm0Jim Kelly
IRS990/Form990PartVIISectionAGrp/PersonNm1Amanda Edwards
IRS990/Form990PartVIISectionAGrp/PersonNm2Steadman Shealy Jr
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IRS990/Form990PartVIISectionAGrp/PersonNm4Mark Whitlow
IRS990/Form990PartVIISectionAGrp/PersonNm5Roger Allen Fowler
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IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt50
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IRS990/Form990PartVIISectionAGrp/TitleTxt1Secretary/Treasurer
IRS990/Form990PartVIISectionAGrp/TitleTxt2Member
IRS990/Form990PartVIISectionAGrp/TitleTxt3Member
IRS990/Form990PartVIISectionAGrp/TitleTxt4Member
IRS990/Form990PartVIISectionAGrp/TitleTxt5General Manager
IRS990/Form990ProvidedToGvrnBodyInd01
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IRS990/FSAuditedInd00
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IRS990/GrantsToOrganizationsInd00
IRS990/GrantToRelatedPersonInd00
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IRS990/GroupReturnForAffiliatesInd00
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IRS990/IndivRcvdGreaterThan100KCnt00
IRS990/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartVIInd0X
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IRS990/InvestmentInJointVentureInd00
IRS990/IRPDocumentCnt00
IRS990/IRPDocumentW2GCnt00
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IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
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IRS990/NetUnrelatedBusTxblIncmAmt00
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IRS990/NondeductibleContributionsInd00
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IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501cInd0X
IRS990/OrgDoesNotFollowFASB117Ind0X
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IRS990/OtherExpensesGrp/Desc0Sewer & Water Utility F
IRS990/OtherExpensesGrp/Desc1Repairs & Maintenance
IRS990/OtherExpensesGrp/Desc2Sewer Connection Fee
IRS990/OtherExpensesGrp/Desc3Supplies
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IRS990/OtherExpensesGrp/TotalAmt263450
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IRS990/OtherRevenueMiscGrp/Desc0Water Tower Lease
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IRS990/PartialLiquidationInd00
IRS990/PayPremiumsPrsnlBnftCntrctInd00
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IRS990/PdInCapSrplsLandBldgEqpFundGrp/EOYAmt0250600
IRS990/PoliticalCampaignActyInd00
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IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt00
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IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0221000
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IRS990/ProgramServiceRevenueGrp/BusinessCd2221000
IRS990/ProgramServiceRevenueGrp/Desc0Water & Sewer Sales
IRS990/ProgramServiceRevenueGrp/Desc1Installation Fees
IRS990/ProgramServiceRevenueGrp/Desc2Other Charges - Water
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IRS990/ProhibitedTaxShelterTransInd00
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IRS990/QuidProQuoContributionsInd00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990/ReconcilationRevenueExpnssAmt036637
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd01
IRS990/ReportProgramRelatedInvstInd00
IRS990/RtnEarnEndowmentIncmOthFndsGrp/BOYAmt06369133
IRS990/RtnEarnEndowmentIncmOthFndsGrp/EOYAmt06405770
IRS990/SavingsAndTempCashInvstGrp/BOYAmt0336372
IRS990/SavingsAndTempCashInvstGrp/EOYAmt02023950
IRS990/ScheduleBRequiredInd00
IRS990ScheduleD/BuildingsGrp/BookValueAmt0416028
IRS990ScheduleD/BuildingsGrp/DepreciationAmt0118237
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt0534265
IRS990ScheduleD/EquipmentGrp/BookValueAmt02932416
IRS990ScheduleD/EquipmentGrp/DepreciationAmt02083031
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt05015447
IRS990ScheduleD/LandGrp/BookValueAmt0522135
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt0522135
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt0469530
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt12933
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt291200
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0Other Liabilities - Sewer
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc1Other Liabilities
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc2Customer Sewer Deposits
IRS990ScheduleD/TotalBookValueLandBuildingsAmt03870579
IRS990ScheduleD/TotalLiabilityAmt0563663
IRS990/ScheduleJRequiredInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0The organization is a utility company and the utility users are members.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1The members of the corporation elect the board of directors.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2Completed tax return is reviewed by the president of the board of directors.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3Board of directors reviews/evaluates all employees and approves rates of pay as recorded in the board of directors' minutes.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4Documents can be requested at the company's office.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990, Part VI, Section A, line 6
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990, Part VI, Section A, line 7a
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Form 990, Part VI, Section B, line 11b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Form 990, Part VI, Section B, line 15a
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Form 990, Part VI, Section C, line 19
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/SubjectToExcsTaxNetInvstIncInd00
IRS990/SubjectToProxyTaxInd00
IRS990/SubjToTaxRmnrtnExPrchtPymtInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt07144736
IRS990/TotalAssetsEOYAmt07235347
IRS990/TotalAssetsGrp/BOYAmt07144736
IRS990/TotalAssetsGrp/EOYAmt07235347
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/TotalAmt01559340
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt0525003
IRS990/TotalLiabilitiesEOYAmt0578977
IRS990/TotalLiabilitiesGrp/BOYAmt0525003
IRS990/TotalLiabilitiesGrp/EOYAmt0578977
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt06619733
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt06656370
IRS990/TotalOtherCompensationAmt00
IRS990/TotalProgramServiceRevenueAmt01505506
IRS990/TotalReportableCompFromOrgAmt00
IRS990/TotalRevenueGrp/ExclusionAmt035655
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt01560322
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt01595977
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt00
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt07144736
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt07235347
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TravelGrp/TotalAmt02851
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd00
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt095 N Wall St
IRS990/USAddress/CityNm0Panama City Beach
IRS990/USAddress/StateAbbreviationCd0FL
IRS990/USAddress/ZIPCd0324617258
IRS990/VotingMembersGoverningBodyCnt05
IRS990/VotingMembersIndependentCnt05
IRS990/WebsiteAddressTxt0inletbeachwater.com
IRS990/WhistleblowerPolicyInd00
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/AuthenticationAssuranceLevelCd0AAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/IdentityAssuranceLevelCd0IAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/TrustedCustomerCd02
ReturnHeader/BuildTS02023-04-26 12:10:37Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0Ernest Clark
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0President
ReturnHeader/BusinessOfficerGrp/PhoneNum08502314498
ReturnHeader/BusinessOfficerGrp/SignatureDt02023-11-10
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0Inlet Beach Water System Inc
ReturnHeader/Filer/BusinessNameControlTxt0INLE
ReturnHeader/Filer/EIN0591222680
ReturnHeader/Filer/PhoneNum08502314498
ReturnHeader/Filer/USAddress/AddressLine1Txt095 N Wall St
ReturnHeader/Filer/USAddress/CityNm0Panama City Beach
ReturnHeader/Filer/USAddress/StateAbbreviationCd0FL
ReturnHeader/Filer/USAddress/ZIPCd0324617258
ReturnHeader/IRSResponsiblePrtyInfoCurrInd00
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0631035228
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0Jackson Thornton & Co PC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0PO Box 96
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0Montgomery
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0AL
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd0361010096
ReturnHeader/PreparerPersonGrp/PhoneNum03348347660
ReturnHeader/PreparerPersonGrp/PreparationDt02023-11-10
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0Patrick Cooper
ReturnHeader/ReturnTs02023-11-13T08:17:47-06:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0Ernest
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0Clark
ReturnHeader/TaxPeriodBeginDt02022-07-01
ReturnHeader/TaxPeriodEndDt02023-06-30
ReturnHeader/TaxYr02022

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