Civic Intelligence

East Milton Water System Inc

990 • Fiscal year 2013 • EIN 59-1280677

Jan 01, 2013 to Dec 31, 2013 • Filed on Aug 11, 2014

8175 S Airport Road32583

(850) 623-8750

Siviq Scores

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

Liabilities / Assets

17th percentile

0.11x

Higher debt load relative to assets than 17% of similar nonprofits.

2013 filings • 501(c)12 • $10M-$25M nonprofits • Source year 2013

Liabilities / Revenue

30th percentile

0.82x

Higher debt load relative to revenue than 30% of similar nonprofits.

2013 filings • 501(c)12 • $10M-$25M nonprofits • Source year 2013

Net Margin

77th percentile

18%

Higher net margin than 77% of similar nonprofits.

2013 filings • 501(c)12 • $10M-$25M nonprofits • Source year 2013

Top Officer Pay

11th percentile

$0

Higher top officer pay than 11% of similar nonprofits.

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

2013 filings • 501(c)12 • $10M-$25M nonprofits • Source year 2013

Asset Growth

8th percentile

-3.8%

Faster asset growth than 8% of similar nonprofits.

2013 filings • 501(c)12 • $10M-$25M nonprofits • Annualized from 2012 to 2013

Revenue Growth

53rd percentile

6.3%

Faster revenue growth than 53% of similar nonprofits.

2013 filings • $10M-$25M nonprofits • Annualized from 2012 to 2013

Assets

Down

$11,056,318

Down $441,750 (-3.8%) from 2012

Net Assets

Up

$9,789,486

Up $275,404 (+2.9%) from 2012

Liabilities

Down

$1,266,832

Down $717,154 (-36%) from 2012

Revenue

Up

$1,544,050

Up $90,847 (+6.3%) from 2012

Expenses

Up

$1,268,746

Up $24,697 (+2.0%) from 2012

Net Income

Up

$275,304

Up $66,150 (+32%) from 2012

Historical Trend

Balance Sheet Trend

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

$20M$15M$10M$5.0M$0Assets 2011: $11,561,171Liabilities 2011: $2,256,328Net Assets 2011: $9,304,8432011Assets 2012: $11,498,068Liabilities 2012: $1,983,986Net Assets 2012: $9,514,0822012Assets 2013: $11,056,318Liabilities 2013: $1,266,832Net Assets 2013: $9,789,4862013Assets 2014: $10,433,517Liabilities 2014: $218,162Net Assets 2014: $10,215,3552014Assets 2015: $10,871,554Liabilities 2015: $239,702Net Assets 2015: $10,631,8522015Assets 2016: $11,438,120Liabilities 2016: $252,982Net Assets 2016: $11,185,1382016Assets 2017: $11,800,019Liabilities 2017: $262,490Net Assets 2017: $11,537,5292017Assets 2018: $12,251,915Liabilities 2018: $264,015Net Assets 2018: $11,987,9002018Assets 2019: $12,980,364Liabilities 2019: $305,779Net Assets 2019: $12,674,5852019Assets 2020: $13,989,425Liabilities 2020: $310,949Net Assets 2020: $13,678,4762020Assets 2021: $14,907,420Liabilities 2021: $340,431Net Assets 2021: $14,566,9892021Assets 2022: $15,838,757Liabilities 2022: $389,013Net Assets 2022: $15,449,7442022Assets 2023: $17,307,567Liabilities 2023: $444,887Net Assets 2023: $16,862,6802023Assets 2024: $19,721,557Liabilities 2024: $538,251Net Assets 2024: $19,183,3062024

Highlighted filing

2013

Assets$11,056,318
Liabilities$1,266,832
Net Assets$9,789,486

Operations Trend

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

$6.0M$4.0M$2.0M$0Revenue 2011: $1,471,937Expenses 2011: $1,191,963Net Income 2011: $279,9742011Revenue 2012: $1,453,203Expenses 2012: $1,244,049Net Income 2012: $209,1542012Revenue 2013: $1,544,050Expenses 2013: $1,268,746Net Income 2013: $275,3042013Revenue 2014: $1,735,769Expenses 2014: $1,309,990Net Income 2014: $425,7792014Revenue 2015: $1,735,578Expenses 2015: $1,380,182Net Income 2015: $355,3962015Revenue 2016: $1,938,039Expenses 2016: $1,384,902Net Income 2016: $553,1372016Revenue 2017: $1,845,725Expenses 2017: $1,493,548Net Income 2017: $352,1772017Revenue 2018: $1,932,280Expenses 2018: $1,481,909Net Income 2018: $450,3712018Revenue 2019: $2,182,759Expenses 2019: $1,496,074Net Income 2019: $686,6852019Revenue 2020: $2,560,376Expenses 2020: $1,556,485Net Income 2020: $1,003,8912020Revenue 2021: $2,614,516Expenses 2021: $1,726,003Net Income 2021: $888,5132021Revenue 2022: $2,795,791Expenses 2022: $1,893,504Net Income 2022: $902,2872022Revenue 2023: $3,578,012Expenses 2023: $2,165,076Net Income 2023: $1,412,9362023Revenue 2024: $4,776,621Expenses 2024: $2,455,995Net Income 2024: $2,320,6262024

Highlighted filing

2013

Revenue$1,544,050
Expenses$1,268,746
Net Income$275,304
Jump To
Filing Snapshot
Filing Period
Jan 1, 2013 to Dec 31, 2013
Signed
Aug 11, 2014
Return Version
2013v3.1
Gross Receipts
$1,554,610
Mission and Program Overview

Mission

Provide water for rural area of east milton, florida

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$9,350,202$9,173,777▼ $176,425
Savings and Temporary Cash Investments$1,250,349$1,450,367▲ $200,018
Cash and Non-Interest-Bearing Accounts$688,314$200,395▼ $487,919
Accounts Receivable$108,195$130,550▲ $22,355
Inventories for Sale or Use$59,817$79,340▲ $19,523
Prepaid Expenses and Deferred Charges$40,551$21,249▼ $19,302
Total Assets$11,498,068$11,056,318▼ $441,750
Other Assets Total$640$640→ $0
Liabilities
Mortgage Notes Payable Secured by Investment Property$1,768,616$1,030,205▼ $738,411
Other Liabilities$155,865$160,090▲ $4,225
Accounts Payable and Accrued Expenses$41,293$59,070▲ $17,777
Deferred Revenue$18,212$17,467▼ $745
Total Liabilities$1,983,986$1,266,832▼ $717,154
Net Assets / Fund Balance
Unrestricted Net Assets$9,358,306$9,499,131▲ $140,825
Temporarily Rstr Net Assets$155,776$290,355▲ $134,579
Total Net Assets Fund Balance$9,514,082$9,789,486▲ $275,404
Total Liabilities and Net Assets / Fund Balance$11,498,068$11,056,318▼ $441,750

Asset Categories

AssetBook ValueDepreciationBasis
Other Land Buildings$8,935,048$4,159,655$13,094,703
Land$238,729-$238,729
Compensation and Service Providers

Board Members and Trustees

NameTitle
David PhillipsPresident
Billy EzellDirector
Charlie DonaldDirector
James R AllenDirector
Mc HeathDirector
Mitchell RileyDirector
Steve BakerDirector
James WhiteSecretary/tr
Claude DuvallVice Preside
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$1,505,753
Investment Income
$12,448
Other Revenue
$25,849
Change in Net Assets
$275,304

Audited Revenue Reconciliation

Revenue per Audited Statements
$1,544,050
Total Revenue per Audited Statements
$1,544,050
Total Revenue per Form 990
$1,544,050
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$830,322
Salaries, Compensation, and Employee Benefits$438,424
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Depreciation Depletion$407,890--$407,890
Other Salaries and Wages$278,264--$278,264
Other Employee Benefits$68,362--$68,362
All Other Expenses$65,581--$65,581
Current Officers, Directors, Trustees, and Key Employees$56,698--$56,698
Interest$52,438--$52,438
Office Expenses$46,154--$46,154
Insurance$33,866--$33,866
Payroll Taxes$26,543--$26,543
Other Expenses$18,742--$18,742
Fees for Services Accounting$17,170--$17,170
Pension Plan Contributions$8,557--$8,557
Conferences and Meetings$3,450--$3,450
Fees for Services Legal$2,135--$2,135
Total Functional Expenses$1,268,746$0$0$1,268,746

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$1,268,746
Total Expenses per Audited Statements$1,268,746
Total Expenses per Form 990$1,268,746
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
Membership Deposits$159,763
Unclaimed Deposits$327
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
Yes
Audit committee
No
Backup withholding compliance
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, Page 6, Part VI, Line 6

Members of the water system

Form 990, Page 6, Part VI, Line 7A

The members elect the board of directors

Form 990, Page 6, Part VI, Line 8A

Minutes have been kept from meetings

Form 990, Page 6, Part VI, Line 8B

Minutes have been kept from meetings

Form 990, Page 6, Part VI, Line 11B

A copy of the tax return is proved to the board of directors for their review

Form 990, Page 6, Part VI, Line 15A

The board reviews the op director's compensation and sets it based on other comparables

Form 990, Page 6, Part VI, Line 19

The copies of the governing documents are available upon request

Filing and Contact Details

Filer

EIN
59-1280677
Phone
8506238750

Signing Officer

Name
Earl Helms
Title
Operations Manager
Phone
8506238750
Signed
2014-08-11
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Earl Helms
Formed
1967
Legal Domicile
Fl
Voting Board Members
9
Independent Board Members
9
Employees
12

Preparer

Preparer
Dawn M Paul
Phone
8503988934
Supplemental Narrative

Additional Explanations

Form 990, Part XI, Line 9

Member certificates 100 changes in membership certificates

Raw XML Appendix390 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.

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IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt230816
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt315178
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt46985
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt01404548
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt148226
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt230816
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt315178
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt46985
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYInvestmentIncomeAmt010194
IRS990/PYOtherExpensesAmt0800681
IRS990/PYOtherRevenueAmt024985
IRS990/PYProgramServiceRevenueAmt01418024
IRS990/PYRevenuesLessExpensesAmt0209154
IRS990/PYSalariesCompEmpBnftPaidAmt0443368
IRS990/PYTotalExpensesAmt01244049
IRS990/PYTotalRevenueAmt01453203
IRS990/ReconcilationRevenueExpnssAmt0275304
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0true
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RevenueAmt01518201
IRS990/SavingsAndTempCashInvstGrp/BOYAmt01250349
IRS990/SavingsAndTempCashInvstGrp/EOYAmt01450367
IRS990/ScheduleBRequiredInd0false
IRS990ScheduleD/ExpensesSubtotalAmt01268746
IRS990ScheduleD/LandGrp/BookValueAmt0238729
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt0238729
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt08935048
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt04159655
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt013094703
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt0159763
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt1327
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0MEMBERSHIP DEPOSITS
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc1UNCLAIMED DEPOSITS
IRS990ScheduleD/RevenueSubtotalAmt01544050
IRS990ScheduleD/TotalBookValueLandBuildingsAmt09173777
IRS990ScheduleD/TotalExpensesPerForm990Amt01268746
IRS990ScheduleD/TotalLiabilityAmt0160090
IRS990ScheduleD/TotalRevenuePerForm990Amt01544050
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt01544050
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt01268746
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0MEMBERS OF THE WATER SYSTEM
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE MEMBERS ELECT THE BOARD OF DIRECTORS
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2MINUTES HAVE BEEN KEPT FROM MEETINGS
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3MINUTES HAVE BEEN KEPT FROM MEETINGS
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4A COPY OF THE TAX RETURN IS PROVED TO THE BOARD OF DIRECTORS FOR THEIR REVIEW
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5THE BOARD REVIEWS THE OP DIRECTOR'S COMPENSATION AND SETS IT BASED ON OTHER COMPARABLES
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6THE COPIES OF THE GOVERNING DOCUMENTS ARE AVAILABLE UPON REQUEST
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt7MEMBER CERTIFICATES 100 CHANGES IN MEMBERSHIP CERTIFICATES
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PAGE 6, PART VI, LINE 6
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PAGE 6, PART VI, LINE 7A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PAGE 6, PART VI, LINE 8A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PAGE 6, PART VI, LINE 8B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PAGE 6, PART VI, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990, PAGE 6, PART VI, LINE 15A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6FORM 990, PAGE 6, PART VI, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc7FORM 990, PART XI, LINE 9
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/SubjectToProxyTaxInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TemporarilyRstrNetAssetsGrp/BOYAmt0155776
IRS990/TemporarilyRstrNetAssetsGrp/EOYAmt0290355
IRS990/TempOrPermanentEndowmentsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt011498068
IRS990/TotalAssetsEOYAmt011056318
IRS990/TotalAssetsGrp/BOYAmt011498068
IRS990/TotalAssetsGrp/EOYAmt011056318
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalEmployeeCnt012
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt00
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt01268746
IRS990/TotalFunctionalExpensesGrp/TotalAmt01268746
IRS990/TotalGrossUBIAmt025849
IRS990/TotalLiabilitiesBOYAmt01983986
IRS990/TotalLiabilitiesEOYAmt01266832
IRS990/TotalLiabilitiesGrp/BOYAmt01983986
IRS990/TotalLiabilitiesGrp/EOYAmt01266832
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt09514082
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt09789486
IRS990/TotalProgramServiceExpensesAmt01268746
IRS990/TotalProgramServiceRevenueAmt01505753
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt01518201
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt01544050
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt025849
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt011498068
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt011056318
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0true
IRS990/UnrestrictedNetAssetsGrp/BOYAmt09358306
IRS990/UnrestrictedNetAssetsGrp/EOYAmt09499131
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine108175 S AIRPORT ROAD
IRS990/USAddress/City0MILTON
IRS990/USAddress/State0FL
IRS990/USAddress/ZIPCode032583
IRS990/VotingMembersGoverningBodyCnt09
IRS990/VotingMembersIndependentCnt09
IRS990/WebsiteAddressTxt0N/A
IRS990/WhistleblowerPolicyInd0false
ReturnHeader/BuildTS02015-11-30 17:44:51Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0EARL HELMS
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0OPERATIONS MANAGER
ReturnHeader/BusinessOfficerGrp/PhoneNum08506238750
ReturnHeader/BusinessOfficerGrp/SignatureDt02014-08-11
ReturnHeader/Filer/BusinessName/BusinessNameLine10EAST MILTON WATER SYSTEM INC
ReturnHeader/Filer/BusinessNameControlTxt0EAST
ReturnHeader/Filer/EIN0591280677
ReturnHeader/Filer/PhoneNum08506238750
ReturnHeader/Filer/USAddress/AddressLine108175 S AIRPORT ROAD
ReturnHeader/Filer/USAddress/City0MILTON
ReturnHeader/Filer/USAddress/State0FL
ReturnHeader/Filer/USAddress/ZIPCode032583
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0274545287
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine10DAWN M PAUL CPA PA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine10770 INDUSTRIAL DRIVE
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/City0CRESTVIEW
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/State0FL
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCode0325392207
ReturnHeader/PreparerPersonGrp/PhoneNum08503988934
ReturnHeader/PreparerPersonGrp/PreparationDt02014-08-13
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0DAWN M PAUL
ReturnHeader/ReturnTs02014-08-14T14:00:42-05:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02013-01-01
ReturnHeader/TaxPeriodEndDt02013-12-31
ReturnHeader/TaxYr02013

Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$19.7$0.54$19.2$4.78$2.46$2.32
2023Detailed filing. Detailed filing data is available for this year.$17.3$0.44$16.9$3.58$2.17$1.41
2022Detailed filing. Detailed filing data is available for this year.$15.8$0.39$15.4$2.80$1.89$0.90
2021Detailed filing. Detailed filing data is available for this year.$14.9$0.34$14.6$2.61$1.73$0.89
2020Detailed filing. Detailed filing data is available for this year.$14.0$0.31$13.7$2.56$1.56$1.00
2019Detailed filing. Detailed filing data is available for this year.$13.0$0.31$12.7$2.18$1.50$0.69
2018Detailed filing. Detailed filing data is available for this year.$12.3$0.26$12.0$1.93$1.48$0.45
2017Detailed filing. Detailed filing data is available for this year.$11.8$0.26$11.5$1.85$1.49$0.35
2016Detailed filing. Detailed filing data is available for this year.$11.4$0.25$11.2$1.94$1.38$0.55
2015Detailed filing. Detailed filing data is available for this year.$10.9$0.24$10.6$1.74$1.38$0.36
2014Detailed filing. Detailed filing data is available for this year.$10.4$0.22$10.2$1.74$1.31$0.43
2013Detailed filing. Detailed filing data is available for this year.$11.1$1.27$9.79$1.54$1.27$0.28
2012Summary only. Only limited summary data is available for this year.$11.5$1.98$9.51$1.45$1.24$0.21
2011Summary only. Only limited summary data is available for this year.$11.6$2.26$9.30$1.47$1.19$0.28