Civic Intelligence

Baker Water System Inc

990 • Fiscal year 2018 • EIN 59-1264410

Oct 01, 2017 to Sep 30, 2018 • Filed on Nov 29, 2018

5783 Monroe St PO Box 98Baker, FL 32531

(850) 537-5121

Siviq Scores

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

Liabilities / Assets

40th percentile

0.16x

Higher debt load relative to assets than 40% of similar nonprofits.

2018 filings • 501(c)12 • $1M-$5M nonprofits • Source year 2018

Liabilities / Revenue

41st percentile

0.70x

Higher debt load relative to revenue than 41% of similar nonprofits.

2018 filings • 501(c)12 • $1M-$5M nonprofits • Source year 2018

Net Margin

44th percentile

3.9%

Higher net margin than 44% of similar nonprofits.

2018 filings • 501(c)12 • $1M-$5M nonprofits • Source year 2018

Top Officer Pay

Score unavailable

No value available

This filing does not contain officer compensation rows.

Source year 2018

Asset Growth

36th percentile

-1.0%

Faster asset growth than 36% of similar nonprofits.

2018 filings • 501(c)12 • $1M-$5M nonprofits • Annualized from 2017 to 2018

Revenue Growth

78th percentile

13%

Faster revenue growth than 78% of similar nonprofits.

2018 filings • 501(c)12 • $1M-$5M nonprofits • Annualized from 2017 to 2018

Assets

Down

$1,686,166

Down $16,445 (-1.0%) from 2017

Net Assets

Up

$1,409,893

Up $15,391 (+1.1%) from 2017

Liabilities

Down

$276,273

Down $31,836 (-10%) from 2017

Revenue

Up

$392,765

Up $44,436 (+13%) from 2017

Expenses

Up

$377,374

Up $45,323 (+14%) from 2017

Net Income

Down

$15,391

Down $887 (-5.4%) from 2017

Historical Trend

Balance Sheet Trend

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

$3.0M$2.0M$1.0M$0Assets 2011: $1,598,144Liabilities 2011: $332,121Net Assets 2011: $1,266,0232011Assets 2012: $1,644,286Liabilities 2012: $333,608Net Assets 2012: $1,310,6782012Assets 2013: $1,624,096Liabilities 2013: $321,333Net Assets 2013: $1,302,7632013Assets 2014: $1,644,802Liabilities 2014: $317,265Net Assets 2014: $1,327,5372014Assets 2015: $1,659,444Liabilities 2015: $311,513Net Assets 2015: $1,347,9312015Assets 2016: $1,685,014Liabilities 2016: $306,790Net Assets 2016: $1,378,2242016Assets 2017: $1,702,611Liabilities 2017: $308,109Net Assets 2017: $1,394,5022017Assets 2018: $1,686,166Liabilities 2018: $276,273Net Assets 2018: $1,409,8932018Assets 2019: $1,670,973Liabilities 2019: $256,665Net Assets 2019: $1,414,3082019Assets 2020: $1,695,962Liabilities 2020: $250,434Net Assets 2020: $1,445,5282020Assets 2021: $1,795,504Liabilities 2021: $233,683Net Assets 2021: $1,561,8212021Assets 2022: $1,751,985Liabilities 2022: $230,953Net Assets 2022: $1,521,0322022Assets 2023: $1,850,266Liabilities 2023: $313,306Net Assets 2023: $1,536,9602023Assets 2024: $2,078,261Liabilities 2024: $277,736Net Assets 2024: $1,800,5252024Assets 2025: $2,290,366Liabilities 2025: $232,276Net Assets 2025: $2,058,0902025

Highlighted filing

2018

Assets$1,686,166
Liabilities$276,273
Net Assets$1,409,893

Operations Trend

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

$800K$600K$400K$200K$0-$200KRevenue 2011: $326,395Expenses 2011: $244,862Net Income 2011: $81,5332011Expenses 2012: $265,0382012Revenue 2013: $315,048Expenses 2013: $285,905Net Income 2013: $29,1432013Revenue 2014: $316,056Expenses 2014: $291,282Net Income 2014: $24,7742014Revenue 2015: $349,573Expenses 2015: $329,179Net Income 2015: $20,3942015Revenue 2016: $367,879Expenses 2016: $337,586Net Income 2016: $30,2932016Revenue 2017: $348,329Expenses 2017: $332,051Net Income 2017: $16,2782017Revenue 2018: $392,765Expenses 2018: $377,374Net Income 2018: $15,3912018Revenue 2019: $428,654Expenses 2019: $424,239Net Income 2019: $4,4152019Revenue 2020: $450,007Expenses 2020: $403,972Net Income 2020: $46,0352020Revenue 2021: $529,799Expenses 2021: $413,506Net Income 2021: $116,2932021Revenue 2022: $580,377Expenses 2022: $621,166Net Income 2022: -$40,7892022Revenue 2023: $554,714Expenses 2023: $538,786Net Income 2023: $15,9282023Revenue 2024: $706,761Expenses 2024: $443,196Net Income 2024: $263,5652024Revenue 2025: $754,678Expenses 2025: $497,113Net Income 2025: $257,5652025

Highlighted filing

2018

Revenue$392,765
Expenses$377,374
Net Income$15,391
Jump To
Filing Snapshot
Filing Period
Oct 1, 2017 to Sep 30, 2018
Signed
Nov 29, 2018
Return Version
2017v2.2
Gross Receipts
$392,765
Mission and Program Overview

Mission

To provide potable water to members

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$1,185,836$1,165,272▼ $20,564
Cash and Non-Interest-Bearing Accounts$247,592$301,291▲ $53,699
Savings and Temporary Cash Investments$237,146$189,522▼ $47,624
Accounts Receivable$28,104$26,148▼ $1,956
Prepaid Expenses and Deferred Charges$3,673$3,673→ $0
Total Assets$1,702,611$1,686,166▼ $16,445
Other Assets Total$260$260→ $0
Liabilities
Mortgage Notes Payable Secured by Investment Property$256,140$220,676▼ $35,464
Other Liabilities$34,077$36,725▲ $2,648
Deferred Revenue$10,537$13,017▲ $2,480
Accounts Payable and Accrued Expenses$7,355$5,855▼ $1,500
Total Liabilities$308,109$276,273▼ $31,836
Net Assets / Fund Balance
Unrestricted Net Assets$1,337,025$1,361,168▲ $24,143
Temporarily Rstr Net Assets$57,477$48,725▼ $8,752
Total Net Assets Fund Balance$1,394,502$1,409,893▲ $15,391
Total Liabilities and Net Assets / Fund Balance$1,702,611$1,686,166▼ $16,445

Asset Categories

AssetBook ValueDepreciationBasis
Other Land Buildings$1,048,767$1,245,449$2,294,216
Equipment$40,118$73,969$114,087
Land$57,215-$57,215
Buildings$19,172$20,923$40,095
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Wanda PattersonSecretaryFT$45,333$45,333

Board Members and Trustees

NameTitle
Feagin HayslipChairman
Donald GriffinVice Chairman
Chad WilkinsonDirector
Dale WalkerDirector
Dan WalkerDirector
Emanuel SimonDirector
Mark HowzeDirector
Mike PaulDirector
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$372,865
Investment Income
$3,958
Other Revenue
$15,942
Change in Net Assets
$15,391

Audited Revenue Reconciliation

Revenue per Audited Statements
$392,765
Total Revenue per Audited Statements
$392,765
Total Revenue per Form 990
$392,765
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$236,117
Salaries, Compensation, and Employee Benefits$141,257
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$127,155$0$0$127,155
Depreciation Depletion$68,924$0$0$68,924
Other Expenses$21,791$0$0$21,791
All Other Expenses$17,578$0$0$17,578
Interest$14,119$0$0$14,119
Payroll Taxes$9,831$0$0$9,831
Insurance$9,214$0$0$9,214
Information Technology$8,894$0$0$8,894
Fees for Services Accounting$7,000$0$0$7,000
Pension Plan Contributions$4,271$0$0$4,271
Office Expenses$1,974$0$0$1,974
Total Functional Expenses$377,374$0$0$377,374

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$377,374
Total Expenses per Audited Statements$377,374
Total Expenses per Form 990$377,374
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
Lobbying activity
No
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Customer Deposits$36,725
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Audit committee
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
No
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
Filing and Contact Details

Filer

Filer Name
Baker Water System
EIN
59-1264410
Phone
8505375121
Address
5783 Monroe St PO Box 98, Baker, FL 32531

Signing Officer

Name
Wanda Patterson
Title
Treasurer
Phone
8505375121
Signed
2018-11-29

Organization Details

Principal Officer
Wanda Patterson
Formed
1960
Legal Domicile
Fl
Voting Board Members
8
Independent Board Members
8
Employees
4
Volunteers
0

Preparer

Firm
Joseph a Jones CPA
Address
6075 BUD MOULTON RD, CRESTVIEW, FL 32536-9082
Preparer
Joseph a Jones CPA
Phone
8506828950
Supplemental Narrative

Additional Explanations

Pt VI, Line 6

Members are customers of the water system

Pt VI, Line 11B

The form 990 is reviewed by the signing officer.

Pt VI, Line 19

No documents are available to the public

Form 990, Part IX, Line 24E

Fuel 4877. 4877. 0. 0.

Form 990, Part IX, Line 24E

Licenses, Permits, Fees 4555. 4555. 0. 0.

Form 990, Part IX, Line 24E

Water Analysis 2426. 2426. 0. 0.

Form 990, Part IX, Line 24E

Training 1662. 1662. 0. 0.

Form 990, Part IX, Line 24E

Loan fee 1000. 1000. 0. 0.

Form 990, Part IX, Line 24E

Tools 823. 823. 0. 0.

Form 990, Part IX, Line 24E

Public relations 753. 753. 0. 0.

Form 990, Part IX, Line 24E

Miscellaneous 1482. 1482. 0. 0.

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IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYExcessBenefitTransInd0false
IRS990/PYInvestmentIncomeAmt02975
IRS990/PYOtherExpensesAmt0194949
IRS990/PYOtherRevenueAmt015840
IRS990/PYProgramServiceRevenueAmt0329514
IRS990/PYRevenuesLessExpensesAmt016278
IRS990/PYSalariesCompEmpBnftPaidAmt0137102
IRS990/PYTotalExpensesAmt0332051
IRS990/PYTotalRevenueAmt0348329
IRS990/QuidProQuoContributionsInd0false
IRS990/ReconcilationRevenueExpnssAmt015391
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/RentalIncomeOrLossGrp/RealAmt015942
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0true
IRS990/ReportProgramRelatedInvstInd0false
IRS990/SavingsAndTempCashInvstGrp/BOYAmt0237146
IRS990/SavingsAndTempCashInvstGrp/EOYAmt0189522
IRS990/ScheduleBRequiredInd0false
IRS990ScheduleD/BuildingsGrp/BookValueAmt019172
IRS990ScheduleD/BuildingsGrp/DepreciationAmt020923
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt040095
IRS990ScheduleD/EquipmentGrp/BookValueAmt040118
IRS990ScheduleD/EquipmentGrp/DepreciationAmt073969
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt0114087
IRS990ScheduleD/ExpensesSubtotalAmt0377374
IRS990ScheduleD/LandGrp/BookValueAmt057215
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt057215
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt01048767
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt01245449
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt02294216
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt036725
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0Customer Deposits
IRS990ScheduleD/RevenueSubtotalAmt0392765
IRS990ScheduleD/TotalBookValueLandBuildingsAmt01165272
IRS990ScheduleD/TotalExpensesPerForm990Amt0377374
IRS990ScheduleD/TotalLiabilityAmt036725
IRS990ScheduleD/TotalRevenuePerForm990Amt0392765
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt0392765
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt0377374
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0Members are customers of the water system
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1The form 990 is reviewed by the signing officer.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2No documents are available to the public
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3Fuel 4877. 4877. 0. 0.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4Licenses, Permits, Fees 4555. 4555. 0. 0.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5Water Analysis 2426. 2426. 0. 0.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6Training 1662. 1662. 0. 0.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt7Loan fee 1000. 1000. 0. 0.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt8Tools 823. 823. 0. 0.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt9Public relations 753. 753. 0. 0.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt10Miscellaneous 1482. 1482. 0. 0.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Pt VI, Line 6
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Pt VI, Line 11b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Pt VI, Line 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Form 990, Part IX, Line 24e
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Form 990, Part IX, Line 24e
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5Form 990, Part IX, Line 24e
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6Form 990, Part IX, Line 24e
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc7Form 990, Part IX, Line 24e
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc8Form 990, Part IX, Line 24e
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc9Form 990, Part IX, Line 24e
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc10Form 990, Part IX, Line 24e
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/SubjectToProxyTaxInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TemporarilyRstrNetAssetsGrp/BOYAmt057477
IRS990/TemporarilyRstrNetAssetsGrp/EOYAmt048725
IRS990/TempOrPermanentEndowmentsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt01702611
IRS990/TotalAssetsEOYAmt01686166
IRS990/TotalAssetsGrp/BOYAmt01702611
IRS990/TotalAssetsGrp/EOYAmt01686166
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalEmployeeCnt04
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt00
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0377374
IRS990/TotalFunctionalExpensesGrp/TotalAmt0377374
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt0308109
IRS990/TotalLiabilitiesEOYAmt0276273
IRS990/TotalLiabilitiesGrp/BOYAmt0308109
IRS990/TotalLiabilitiesGrp/EOYAmt0276273
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt01394502
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt01409893
IRS990/TotalProgramServiceRevenueAmt0372865
IRS990/TotalReportableCompFromOrgAmt045333
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt0392765
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0392765
IRS990/TotalVolunteersCnt00
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt01702611
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt01686166
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/UnrestrictedNetAssetsGrp/BOYAmt01337025
IRS990/UnrestrictedNetAssetsGrp/EOYAmt01361168
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt0PO Box 98
IRS990/USAddress/CityNm0Baker
IRS990/USAddress/StateAbbreviationCd0FL
IRS990/USAddress/ZIPCd032531
IRS990/VotingMembersGoverningBodyCnt08
IRS990/VotingMembersIndependentCnt08
IRS990/WebsiteAddressTxt0N/A
IRS990/WhistleblowerPolicyInd0true
ReturnHeader/BuildTS02019-02-21 02:37:17Z
ReturnHeader/BusinessOfficerGrp/PersonNm0WANDA PATTERSON
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0TREASURER
ReturnHeader/BusinessOfficerGrp/PhoneNum08505375121
ReturnHeader/BusinessOfficerGrp/SignatureDt02018-11-29
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0Baker Water System
ReturnHeader/Filer/BusinessNameControlTxt0BAKE
ReturnHeader/Filer/EIN0591264410
ReturnHeader/Filer/PhoneNum08505375121
ReturnHeader/Filer/USAddress/AddressLine1Txt05783 Monroe St PO Box 98
ReturnHeader/Filer/USAddress/CityNm0Baker
ReturnHeader/Filer/USAddress/StateAbbreviationCd0FL
ReturnHeader/Filer/USAddress/ZIPCd032531
ReturnHeader/FilingSecurityInformation/AtSubmissionCreationDeviceId027F4206201628381FFBADBF36649EFED85976114
ReturnHeader/FilingSecurityInformation/AtSubmissionFilingDeviceId027F4206201628381FFBADBF36649EFED85976114
ReturnHeader/FilingSecurityInformation/FilingLicenseTypeCd0P
ReturnHeader/FilingSecurityInformation/IPAddress/IPv4AddressTxt070.188.245.58
ReturnHeader/FilingSecurityInformation/IPDt02018-12-04
ReturnHeader/FilingSecurityInformation/IPTimezoneCd0PS
ReturnHeader/FilingSecurityInformation/IPTm013:35:16
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0JOSEPH A JONES CPA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt06075 BUD MOULTON RD
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0CRESTVIEW
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0FL
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd0325369082
ReturnHeader/PreparerPersonGrp/PhoneNum08506828950

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Detailed filing. Detailed filing data is available for this year.$2.29$0.23$2.06$0.75$0.50$0.26
2024Detailed filing. Detailed filing data is available for this year.$2.08$0.28$1.80$0.71$0.44$0.26
2023Detailed filing. Detailed filing data is available for this year.$1.85$0.31$1.54$0.55$0.54$0.02
2022Detailed filing. Detailed filing data is available for this year.$1.75$0.23$1.52$0.58$0.62$0.04
2021Detailed filing. Detailed filing data is available for this year.$1.80$0.23$1.56$0.53$0.41$0.12
2020Detailed filing. Detailed filing data is available for this year.$1.70$0.25$1.45$0.45$0.40$0.05
2019Detailed filing. Detailed filing data is available for this year.$1.67$0.26$1.41$0.43$0.42$0.00
2018Detailed filing. Detailed filing data is available for this year.$1.69$0.28$1.41$0.39$0.38$0.02
2017Detailed filing. Detailed filing data is available for this year.$1.70$0.31$1.39$0.35$0.33$0.02
2016Detailed filing. Detailed filing data is available for this year.$1.69$0.31$1.38$0.37$0.34$0.03
2015Detailed filing. Detailed filing data is available for this year.$1.66$0.31$1.35$0.35$0.33$0.02
2014Summary only. Only limited summary data is available for this year.$1.64$0.32$1.33$0.32$0.29$0.02
2013Summary only. Only limited summary data is available for this year.$1.62$0.32$1.30$0.32$0.29$0.03
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.64$0.33$1.31$0.27
2011Summary only. Only limited summary data is available for this year.$1.60$0.33$1.27$0.33$0.24$0.08