Civic Intelligence

Auburn Water System Inc

990 • Fiscal year 2023 • EIN 59-1368568

Jul 01, 2022 to Jun 30, 2023 • Filed on Nov 09, 2023

Organization ProfileN/A

View Organization Page

3097 Locke LaneCrestview, FL 32536

(850) 682-3413

Siviq Scores

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

Liabilities / Assets

9th percentile

0.07x

Higher debt load relative to assets than 9% of similar nonprofits.

2023 filings • 501(c)12 • $25M-$50M nonprofits • Source year 2023

Liabilities / Revenue

9th percentile

0.25x

Higher debt load relative to revenue than 9% of similar nonprofits.

2023 filings • 501(c)12 • $25M-$50M nonprofits • Source year 2023

Net Margin

91st percentile

37%

Higher net margin than 91% of similar nonprofits.

2023 filings • 501(c)12 • $25M-$50M nonprofits • Source year 2023

Top Officer Pay

21st percentile

$126,772

Higher top officer pay than 21% of similar nonprofits.

Top officer pay equals 1.8% of source-year revenue.

2023 filings • 501(c)12 • $25M-$50M nonprofits • Source year 2023

Asset Growth

91st percentile

13%

Faster asset growth than 91% of similar nonprofits.

2023 filings • 501(c)12 • $25M-$50M nonprofits • Annualized from 2022 to 2023

Revenue Growth

84th percentile

12%

Faster revenue growth than 84% of similar nonprofits.

2023 filings • 501(c)12 • $25M-$50M nonprofits • Annualized from 2022 to 2023

Balance Sheet
Liabilities / Assets9th percentile

Assets

Up

$25,260,806

Up $2,897,104 (+13%) from 2022

Net Assets

Up

$23,460,254

Up $2,505,898 (+12%) from 2022

Liabilities

Up

$1,800,552

Up $391,206 (+28%) from 2022

Revenue And Expenses
Liabilities / Revenue9th percentileNet Margin91st percentile

Revenue

Up

$7,069,979

Up $774,420 (+12%) from 2022

Expenses

Up

$4,468,043

Up $601,122 (+16%) from 2022

Net Income

Up

$2,601,936

Up $173,298 (+7.1%) from 2022

Historical Trend

Balance Sheet Trend

Asset Growth91st percentile

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

$40M$30M$20M$10M$0Assets 2011: $16,757,133Liabilities 2011: $6,458,953Net Assets 2011: $10,298,1802011Assets 2012: $17,318,457Liabilities 2012: $5,965,717Net Assets 2012: $11,352,7402012Assets 2013: $17,427,350Liabilities 2013: $5,580,139Net Assets 2013: $11,847,2112013Assets 2014: $17,804,337Liabilities 2014: $5,696,682Net Assets 2014: $12,107,6552014Assets 2015: $18,271,657Liabilities 2015: $5,569,417Net Assets 2015: $12,702,2402015Assets 2016: $18,174,543Liabilities 2016: $4,912,402Net Assets 2016: $13,262,1412016Assets 2017: $18,110,975Liabilities 2017: $4,111,781Net Assets 2017: $13,999,1942017Assets 2018: $18,028,494Liabilities 2018: $3,422,541Net Assets 2018: $14,605,9532018Assets 2019: $18,648,013Liabilities 2019: $3,394,813Net Assets 2019: $15,253,2002019Assets 2020: $18,989,100Liabilities 2020: $2,114,549Net Assets 2020: $16,874,5512020Assets 2021: $20,028,267Liabilities 2021: $1,232,552Net Assets 2021: $18,795,7152021Assets 2022: $22,363,702Liabilities 2022: $1,409,346Net Assets 2022: $20,954,3562022Assets 2023: $25,260,806Liabilities 2023: $1,800,552Net Assets 2023: $23,460,2542023Assets 2024: $27,717,987Liabilities 2024: $1,822,117Net Assets 2024: $25,895,8702024Assets 2025: $31,469,645Liabilities 2025: $2,346,259Net Assets 2025: $29,123,3862025

Highlighted filing

2023

Assets$25,260,806
Liabilities$1,800,552
Net Assets$23,460,254
Open 2023 Filing

Operations Trend

Revenue Growth84th percentile

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

$10M$5.0M$0Expenses 2011: $2,537,5542011Expenses 2012: $2,490,2942012Expenses 2013: $2,605,5532013Revenue 2014: $3,050,364Expenses 2014: $2,722,818Net Income 2014: $327,5462014Revenue 2015: $3,427,025Expenses 2015: $2,763,484Net Income 2015: $663,5412015Revenue 2016: $3,432,220Expenses 2016: $2,803,360Net Income 2016: $628,8602016Revenue 2017: $3,744,955Expenses 2017: $2,929,571Net Income 2017: $815,3842017Revenue 2018: $3,788,003Expenses 2018: $3,102,910Net Income 2018: $685,0932018Revenue 2019: $3,910,607Expenses 2019: $3,185,028Net Income 2019: $725,5792019Revenue 2020: $4,821,278Expenses 2020: $3,381,174Net Income 2020: $1,440,1042020Revenue 2021: $5,466,387Expenses 2021: $3,461,580Net Income 2021: $2,004,8072021Revenue 2022: $6,295,559Expenses 2022: $3,866,921Net Income 2022: $2,428,6382022Revenue 2023: $7,069,979Expenses 2023: $4,468,043Net Income 2023: $2,601,9362023Revenue 2024: $7,610,981Expenses 2024: $5,175,365Net Income 2024: $2,435,6162024Revenue 2025: $8,916,389Expenses 2025: $5,688,873Net Income 2025: $3,227,5162025

Highlighted filing

2023

Revenue$7,069,979
Expenses$4,468,043
Net Income$2,601,936
Open 2023 Filing
Jump To
Filing Snapshot
Filing Period
Jul 1, 2022 to Jun 30, 2023
Signed
Nov 9, 2023
Return Version
2022v5.0
Gross Receipts
$7,069,979
Mission and Program Overview

Mission

To provide water utility services under retail and wholesale agreements to members in okaloosa county north of crestview, florida.

To provide an adequate supply of potable water to our customers at reasonable rates sufficient to cover the continuing operations and upgrades of the water system. To provide exemplary service to our customers. To treat employees and customers with integrigy, respect and courtesy. To comply with all regulatory rules and standards. To strive to make auburn water system the highest rated water system in florida.

Balance Sheet Detail
LineBeginningEndChange
Assets
Rtn Earn Endowment Incm Other Fnds$17,636,106$20,142,004▲ $2,505,898
Land, Buildings, and Equipment, Net$15,254,983$16,596,091▲ $1,341,108
Savings and Temporary Cash Investments$4,742,139$5,502,642▲ $760,503
Pd in Cap Srpls Land Bldg Eqp Fund$3,318,250$3,318,250→ $0
Cash and Non-Interest-Bearing Accounts$1,115,521$1,624,125▲ $508,604
Inventories for Sale or Use$486,130$850,697▲ $364,567
Accounts Receivable$712,687$667,196▼ $45,491
Prepaid Expenses and Deferred Charges$11,621$17,333▲ $5,712
Cap Stk Tr Prin Current Funds$0$0→ $0
Total Assets$22,363,702$25,260,806▲ $2,897,104
Other Assets Total$40,621$2,722▼ $37,899
Liabilities
Deferred Revenue$557,673$836,320▲ $278,647
Other Liabilities$597,061$633,906▲ $36,845
Accounts Payable and Accrued Expenses$254,612$330,326▲ $75,714
Total Liabilities$1,409,346$1,800,552▲ $391,206
Net Assets / Fund Balance
Total Net Assets Fund Balance$20,954,356$23,460,254▲ $2,505,898
Total Liabilities and Net Assets / Fund Balance$22,363,702$25,260,806▲ $2,897,104

Asset Categories

AssetBook ValueDepreciationBasis
Other Land Buildings$14,172,002$8,834,742$23,006,744
Buildings$1,346,374$1,054,072$2,400,446
Equipment$441,074$1,640,403$2,081,477
Land$534,540-$534,540
Leasehold Improvements$102,101$32,743$134,844
Compensation and Service Providers
Top Officer Pay21st percentile

Employees

NameTitleFull / Part TimeBaseTotal
Michael KapotsyGeneral ManagerFT$126,772$126,772
Richard LauxOperations & Maintenance ManagerFT$105,106$105,106
Joe KearleyPresident-$12,055$12,055
Brenda SmithVice President-$7,989$7,989
Lucy SmithDirector-$7,989$7,989
Mary RankinDirector-$7,989$7,989
Timothy BryantSecretary-$7,989$7,989
Darren MarshallDirector-$7,872$7,872
Doug SimsDirector-$6,535$6,535
Revenue and Support

Revenue Composition

Contributions and Grants
$1,047,041
Program Service Revenue
$5,093,970
Investment Income
$115,998
Other Revenue
$812,970
All Other Contributions
$1,047,041
Change in Net Assets
$2,601,936

Audited Revenue Reconciliation

Revenue per Audited Statements
$6,015,437
Revenue Not Reported on Financial Statements
$1,054,542
Revenue Not Reported on Form 990
$0
Other Revenue Adjustments
$1,054,542
Total Revenue per Audited Statements
$6,015,437
Total Revenue per Form 990
$7,069,979
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$2,645,000
Other Expenses$1,823,043
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages---$1,557,694
Depreciation Depletion---$603,957
Other Employee Benefits---$564,067
Current Officers, Directors, Trustees, and Key Employees---$290,296
Occupancy---$212,914
Office Expenses---$208,488
Payroll Taxes---$153,081
Insurance---$110,242
Pension Plan Contributions---$79,862
Other Expenses---$52,513
Fees for Services Other---$31,710
All Other Expenses---$29,433
Information Technology---$24,965
Fees for Services Legal---$22,000
Fees for Services Accounting---$20,100
Travel---$10,834
Total Functional Expenses$0$0$0$4,468,043

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Form 990$4,468,043
Expenses per Audited Statements$4,460,542
Total Expenses per Audited Statements$4,460,542
Expenses Not Reported on Financial Statements$7,501
Other Expense Adjustments$7,501
Expenses Not Reported on Form 990$0
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
Member Deposits$633,906
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
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
Yes
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
Yes
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section A, Line 6

“Each person or entity that makes a deposit and pays monthly bill for water service shall be considered a member.”

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

“The board of directors shall be elected by a vote of a majority of the voting members.”

Form 990, Part VI, Section A, Line 7B

“Each member is entitled to vote upon each matter submitted at the meeting of the members.”

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

“Form 990 is reviewed by the board at the monthly meetings prior to filing.”

Form 990, Part VI, Section B, Line 12C

“Board members are required to complete the statement of financial interest prior to election. Conflicts of interest policies are addressed in the employee manual that is approved by the board.”

Form 990, Part VI, Section B, Line 15

“The salary structure is determined by comparing salaries to equivalent positions with other water systems within the county. All salaries are approved by the board when the budget is approved.”

Form 990, Part VI, Section C, Line 19

“The documents are available upon request.”

Filing and Contact Details

Filer

Filer Name
Auburn Water System Inc
EIN
59-1368568
Phone
8506823413
Address
3097 LOCKE LANE, CRESTVIEW, FL 32536

Signing Officer

Name
Joseph Kearley
Title
President
Phone
8506851516
Signed
2023-11-09
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Joseph Kearley
Formed
1969
Legal Domicile
Fl
Voting Board Members
7
Independent Board Members
7
Employees
36
Volunteers
0

Preparer

Firm
Warren Averett LLC
Address
36474C EMERALD COAST PKWY SUITE, 3301, DESTIN, FL 32541
Preparer
Lori K Kelley CPA
Phone
8508370398
Supplemental Narrative

Additional Explanations

FORM 990, PART XI, LINE 9:

“Cumulative effect of change in accounting principal -96,038.”

Financial Statement Notes

PART XI, LINE 4B - OTHER ADJUSTMENTS:

“Contributions from members and developers 1,047,041. Gain on sale of assets 7,501.”

PART XII, LINE 4B - OTHER ADJUSTMENTS:

“Gain on sale of assets 7,501.”

Raw XML AppendixShowing 400 of 436 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/Organization501cInd0X
IRS990/OrgDoesNotFollowFASB117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt040621
IRS990/OtherAssetsTotalGrp/EOYAmt02722
IRS990/OtherChangesInNetAssetsAmt0-96038
IRS990/OtherEmployeeBenefitsGrp/TotalAmt0564067
IRS990/OtherExpensesGrp/Desc0SUPPLIES
IRS990/OtherExpensesGrp/Desc1REPAIRS AND MAINTENANCE
IRS990/OtherExpensesGrp/Desc2MISCELLANEOUS EXPENSE
IRS990/OtherExpensesGrp/Desc3GAS AND OIL
IRS990/OtherExpensesGrp/TotalAmt0226206
IRS990/OtherExpensesGrp/TotalAmt1209829
IRS990/OtherExpensesGrp/TotalAmt259852
IRS990/OtherExpensesGrp/TotalAmt352513
IRS990/OtherLiabilitiesGrp/BOYAmt0597061
IRS990/OtherLiabilitiesGrp/EOYAmt0633906
IRS990/OtherRevenueMiscGrp/BusinessCd0900001
IRS990/OtherRevenueMiscGrp/BusinessCd1900001
IRS990/OtherRevenueMiscGrp/BusinessCd2900001
IRS990/OtherRevenueMiscGrp/Desc0DEVELOPMENT REVIEW AND
IRS990/OtherRevenueMiscGrp/Desc1OTHER INCOME
IRS990/OtherRevenueMiscGrp/Desc2CONVENIENCE FEE
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt0381305
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt1128883
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt271706
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt0381305
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt1128883
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt271706
IRS990/OtherRevenueTotalAmt0581894
IRS990/OtherSalariesAndWagesGrp/TotalAmt01557694
IRS990/OtherSourcesGrossIncomeAmt0347074
IRS990/PartialLiquidationInd00
IRS990/PayrollTaxesGrp/TotalAmt0153081
IRS990/PdInCapSrplsLandBldgEqpFundGrp/BOYAmt03318250
IRS990/PdInCapSrplsLandBldgEqpFundGrp/EOYAmt03318250
IRS990/PensionPlanContributionsGrp/TotalAmt079862
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt011621
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt017333
IRS990/PrincipalOfficerNm0JOSEPH KEARLEY
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0900001
IRS990/ProgramServiceRevenueGrp/BusinessCd1900001
IRS990/ProgramServiceRevenueGrp/BusinessCd2900001
IRS990/ProgramServiceRevenueGrp/BusinessCd3900001
IRS990/ProgramServiceRevenueGrp/BusinessCd4900001
IRS990/ProgramServiceRevenueGrp/Desc0WATER SALES
IRS990/ProgramServiceRevenueGrp/Desc1TAP CONNECTION FEES
IRS990/ProgramServiceRevenueGrp/Desc2BACKFLOW PREVENTERS
IRS990/ProgramServiceRevenueGrp/Desc3CONNECTION FEES
IRS990/ProgramServiceRevenueGrp/Desc4LATE CHARGES ON SALES
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt04152914
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt1668275
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt2113318
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt386700
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt472273
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt04152914
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt1668275
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt2113318
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt386700
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt472273
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt0297720
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt081135
IRS990/PYOtherExpensesAmt01783244
IRS990/PYOtherRevenueAmt0958761
IRS990/PYProgramServiceRevenueAmt04957943
IRS990/PYRevenuesLessExpensesAmt02428638
IRS990/PYSalariesCompEmpBnftPaidAmt02083677
IRS990/PYTotalExpensesAmt03866921
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt06295559
IRS990/QuidProQuoContributionsInd00
IRS990/ReconcilationRevenueExpnssAmt02601936
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/RentalIncomeOrLossGrp/RealAmt0231076
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd01
IRS990/ReportProgramRelatedInvstInd00
IRS990/RtnEarnEndowmentIncmOthFndsGrp/BOYAmt017636106
IRS990/RtnEarnEndowmentIncmOthFndsGrp/EOYAmt020142004
IRS990/SavingsAndTempCashInvstGrp/BOYAmt04742139
IRS990/SavingsAndTempCashInvstGrp/EOYAmt05502642
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990/ScheduleBRequiredInd01
IRS990ScheduleD/BuildingsGrp/BookValueAmt01346374
IRS990ScheduleD/BuildingsGrp/DepreciationAmt01054072
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt02400446
IRS990ScheduleD/EquipmentGrp/BookValueAmt0441074
IRS990ScheduleD/EquipmentGrp/DepreciationAmt01640403
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt02081477
IRS990ScheduleD/ExpensesNotReportedAmt00
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt07501
IRS990ScheduleD/ExpensesSubtotalAmt04460542
IRS990ScheduleD/LandGrp/BookValueAmt0534540
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt0534540
IRS990ScheduleD/LeaseholdImprovementsGrp/BookValueAmt0102101
IRS990ScheduleD/LeaseholdImprovementsGrp/DepreciationAmt032743
IRS990ScheduleD/LeaseholdImprovementsGrp/OtherCostOrOtherBasisAmt0134844
IRS990ScheduleD/OtherExpensesNotIncludedAmt07501
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt014172002
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt08834742
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt023006744
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt0633906
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0MEMBER DEPOSITS
IRS990ScheduleD/OtherRevenuesNotIncludedAmt01054542
IRS990ScheduleD/RevenueNotReportedAmt00
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt01054542
IRS990ScheduleD/RevenueSubtotalAmt06015437
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0CONTRIBUTIONS FROM MEMBERS AND DEVELOPERS 1,047,041. GAIN ON SALE OF ASSETS 7,501.
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt1GAIN ON SALE OF ASSETS 7,501.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0PART XI, LINE 4B - OTHER ADJUSTMENTS:
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc1PART XII, LINE 4B - OTHER ADJUSTMENTS:
IRS990ScheduleD/TotalBookValueLandBuildingsAmt016596091
IRS990ScheduleD/TotalExpensesPerForm990Amt04468043
IRS990ScheduleD/TotalLiabilityAmt0633906
IRS990ScheduleD/TotalRevenuePerForm990Amt07069979
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt06015437
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt04460542
IRS990/ScheduleJRequiredInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0EACH PERSON OR ENTITY THAT MAKES A DEPOSIT AND PAYS MONTHLY BILL FOR WATER SERVICE SHALL BE CONSIDERED A MEMBER.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE BOARD OF DIRECTORS SHALL BE ELECTED BY A VOTE OF A MAJORITY OF THE VOTING MEMBERS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2EACH MEMBER IS ENTITLED TO VOTE UPON EACH MATTER SUBMITTED AT THE MEETING OF THE MEMBERS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3FORM 990 IS REVIEWED BY THE BOARD AT THE MONTHLY MEETINGS PRIOR TO FILING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4BOARD MEMBERS ARE REQUIRED TO COMPLETE THE STATEMENT OF FINANCIAL INTEREST PRIOR TO ELECTION. CONFLICTS OF INTEREST POLICIES ARE ADDRESSED IN THE EMPLOYEE MANUAL THAT IS APPROVED BY THE BOARD.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5THE SALARY STRUCTURE IS DETERMINED BY COMPARING SALARIES TO EQUIVALENT POSITIONS WITH OTHER WATER SYSTEMS WITHIN THE COUNTY. ALL SALARIES ARE APPROVED BY THE BOARD WHEN THE BUDGET IS APPROVED.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6THE DOCUMENTS ARE AVAILABLE UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt7CUMULATIVE EFFECT OF CHANGE IN ACCOUNTING PRINCIPAL -96,038.
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 A, LINE 7B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART VI, SECTION B, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PART VI, SECTION B, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990, PART VI, SECTION B, LINE 15
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6FORM 990, PART VI, SECTION C, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc7FORM 990, PART XI, LINE 9:
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/StatesWhereCopyOfReturnIsFldCd0FL
IRS990/SubjectToExcsTaxNetInvstIncInd00
IRS990/SubjectToProxyTaxInd00
IRS990/SubjToTaxRmnrtnExPrchtPymtInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt022363702
IRS990/TotalAssetsEOYAmt025260806
IRS990/TotalAssetsGrp/BOYAmt022363702
IRS990/TotalAssetsGrp/EOYAmt025260806
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalContributionsAmt01047041
IRS990/TotalEmployeeCnt036
IRS990/TotalFunctionalExpensesGrp/TotalAmt04468043
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt01409346
IRS990/TotalLiabilitiesEOYAmt01800552
IRS990/TotalLiabilitiesGrp/BOYAmt01409346
IRS990/TotalLiabilitiesGrp/EOYAmt01800552
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt020954356
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt023460254
IRS990/TotalOtherCompensationAmt00
IRS990/TotalOthProgramServiceRevGrp/RelatedOrExemptFuncIncomeAmt0490
IRS990/TotalOthProgramServiceRevGrp/TotalRevenueColumnAmt0490
IRS990/TotalProgramServiceRevenueAmt05093970
IRS990/TotalReportableCompFromOrgAmt0290296
IRS990/TotalRevenueGrp/ExclusionAmt0108497
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt05914441
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt07069979
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt00
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt022363702
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt025260806
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TravelGrp/TotalAmt010834
IRS990/TypeOfOrganizationOtherInd0X
IRS990/UnrelatedBusIncmOverLimitInd00
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt0PO BOX 1559
IRS990/USAddress/CityNm0CRESTVIEW
IRS990/USAddress/StateAbbreviationCd0FL
IRS990/USAddress/ZIPCd032536
IRS990/VotingMembersGoverningBodyCnt07
IRS990/VotingMembersIndependentCnt07

Document Assets

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Filings

Displayed year

2023 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$25,260,806
Liabilities
$1,800,552
Net assets
$23,460,254
Revenue
$7,069,979
Expenses
$4,468,043
Net income
$2,601,936
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Detailed filing. Detailed filing data is available for this year.$31.5$2.35$29.1$8.92$5.69$3.23
2024Detailed filing. Detailed filing data is available for this year.$27.7$1.82$25.9$7.61$5.18$2.44
2023Detailed filing. Detailed filing data is available for this year.$25.3$1.80$23.5$7.07$4.47$2.60
2022Detailed filing. Detailed filing data is available for this year.$22.4$1.41$21.0$6.30$3.87$2.43
2021Detailed filing. Detailed filing data is available for this year.$20.0$1.23$18.8$5.47$3.46$2.00
2020Detailed filing. Detailed filing data is available for this year.$19.0$2.11$16.9$4.82$3.38$1.44
2019Detailed filing. Detailed filing data is available for this year.$18.6$3.39$15.3$3.91$3.19$0.73
2018Detailed filing. Detailed filing data is available for this year.$18.0$3.42$14.6$3.79$3.10$0.69
2017Detailed filing. Detailed filing data is available for this year.$18.1$4.11$14.0$3.74$2.93$0.82
2016Detailed filing. Detailed filing data is available for this year.$18.2$4.91$13.3$3.43$2.80$0.63
2015Detailed filing. Detailed filing data is available for this year.$18.3$5.57$12.7$3.43$2.76$0.66
2014Detailed filing. Detailed filing data is available for this year.$17.8$5.70$12.1$3.05$2.72$0.33
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$17.4$5.58$11.8$2.61
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$17.3$5.97$11.4$2.49
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$16.8$6.46$10.3$2.54