Civic Intelligence

Fleming County Water Assoc Inc

990 • Fiscal year 2017 • EIN 61-0716354

Jan 01, 2017 to Dec 31, 2017 • Filed on Apr 18, 2018

Organization Profile

View Organization Page

PO Box 327Flemingsburg, KY 41041-0327

(606) 845-2067

Siviq Scores

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

Liabilities / Assets

46th percentile

0.32x

Higher debt load relative to assets than 46% of similar nonprofits.

2017 filings • 501(c)12 • $10M-$25M nonprofits • Source year 2017

Liabilities / Revenue

59th percentile

1.68x

Higher debt load relative to revenue than 59% of similar nonprofits.

2017 filings • 501(c)12 • $10M-$25M nonprofits • Source year 2017

Net Margin

19th percentile

-0.9%

Higher net margin than 19% of similar nonprofits.

2017 filings • 501(c)12 • $10M-$25M nonprofits • Source year 2017

Top Officer Pay

43rd percentile

$75,225

Higher top officer pay than 43% of similar nonprofits.

Top officer pay equals 3.9% of source-year revenue.

2017 filings • 501(c)12 • $10M-$25M nonprofits • Source year 2017

Asset Growth

34th percentile

-0.0%

Faster asset growth than 34% of similar nonprofits.

2017 filings • 501(c)12 • $10M-$25M nonprofits • Annualized from 2016 to 2017

Revenue Growth

29th percentile

0.3%

Faster revenue growth than 29% of similar nonprofits.

2017 filings • 501(c)12 • $10M-$25M nonprofits • Annualized from 2016 to 2017

Balance Sheet
Liabilities / Assets46th percentile

Assets

Down

$10,127,686

Down $2,678 (-0.0%) from 2016

Net Assets

Down

$6,902,881

Down $13,120 (-0.2%) from 2016

Liabilities

Up

$3,224,805

Up $10,442 (+0.3%) from 2016

Revenue And Expenses
Liabilities / Revenue59th percentileNet Margin19th percentile

Revenue

Up

$1,923,920

Up $6,620 (+0.3%) from 2016

Expenses

Up

$1,941,924

Up $80,367 (+4.3%) from 2016

Net Income

Down

-$18,004

Down $73,747 (-132%) from 2016

Historical Trend

Balance Sheet Trend

Asset Growth34th percentile

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

$15M$10M$5.0M$0Assets 2010: $9,233,560Liabilities 2010: $3,254,424Net Assets 2010: $5,979,1362010Assets 2011: $9,558,823Liabilities 2011: $3,209,482Net Assets 2011: $6,349,3412011Assets 2012: $9,537,563Liabilities 2012: $3,150,878Net Assets 2012: $6,386,6852012Assets 2013: $9,423,371Liabilities 2013: $2,971,526Net Assets 2013: $6,451,8452013Assets 2014: $10,000,907Liabilities 2014: $3,496,786Net Assets 2014: $6,504,1212014Assets 2015: $10,485,055Liabilities 2015: $3,624,797Net Assets 2015: $6,860,2582015Assets 2016: $10,130,364Liabilities 2016: $3,214,363Net Assets 2016: $6,916,0012016Assets 2017: $10,127,686Liabilities 2017: $3,224,805Net Assets 2017: $6,902,8812017Assets 2018: $10,484,854Liabilities 2018: $3,151,843Net Assets 2018: $7,333,0112018Assets 2019: $10,001,450Liabilities 2019: $2,675,093Net Assets 2019: $7,326,3572019Assets 2020: $9,869,053Liabilities 2020: $2,610,068Net Assets 2020: $7,258,9852020Assets 2021: $9,505,538Liabilities 2021: $2,812,172Net Assets 2021: $6,693,3662021Assets 2022: $9,062,297Liabilities 2022: $2,572,298Net Assets 2022: $6,489,9992022Assets 2023: $8,850,492Liabilities 2023: $2,440,808Net Assets 2023: $6,409,6842023Assets 2024: $9,148,758Liabilities 2024: $2,354,367Net Assets 2024: $6,794,3912024

Highlighted filing

2017

Assets$10,127,686
Liabilities$3,224,805
Net Assets$6,902,881
Open 2017 Filing

Operations Trend

Revenue Growth29th percentile

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

$3.0M$2.0M$1.0M$0-$1.0MExpenses 2010: $1,639,9782010Revenue 2011: $1,754,993Expenses 2011: $1,762,673Net Income 2011: -$7,6802011Revenue 2012: $1,823,179Expenses 2012: $1,770,933Net Income 2012: $52,2462012Revenue 2013: $1,909,930Expenses 2013: $1,844,770Net Income 2013: $65,1602013Revenue 2014: $1,860,926Expenses 2014: $1,808,650Net Income 2014: $52,2762014Revenue 2015: $2,215,499Expenses 2015: $1,859,362Net Income 2015: $356,1372015Revenue 2016: $1,917,300Expenses 2016: $1,861,557Net Income 2016: $55,7432016Revenue 2017: $1,923,920Expenses 2017: $1,941,924Net Income 2017: -$18,0042017Revenue 2018: $1,942,334Expenses 2018: $1,953,357Net Income 2018: -$11,0232018Revenue 2019: $2,026,902Expenses 2019: $2,033,556Net Income 2019: -$6,6542019Revenue 2020: $2,034,958Expenses 2020: $2,101,546Net Income 2020: -$66,5882020Revenue 2021: $2,075,724Expenses 2021: $2,131,164Net Income 2021: -$55,4402021Revenue 2022: $2,184,611Expenses 2022: $2,387,978Net Income 2022: -$203,3672022Revenue 2023: $2,244,536Expenses 2023: $2,324,854Net Income 2023: -$80,3182023Revenue 2024: $2,817,028Expenses 2024: $2,432,321Net Income 2024: $384,7072024

Highlighted filing

2017

Revenue$1,923,920
Expenses$1,941,924
Net Income-$18,004
Open 2017 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2017 to Dec 31, 2017
Signed
Apr 18, 2018
Return Version
2017v2.2
Gross Receipts
$1,923,920
Mission and Program Overview

Mission

Providing water service to fleming county kentucky

Providing water service for fleming county kentucky

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$8,918,803$8,665,831▼ $252,972
Cash and Non-Interest-Bearing Accounts$415,986$609,223▲ $193,237
Savings and Temporary Cash Investments$431,892$485,724▲ $53,832
Accounts Receivable$230,477$234,855▲ $4,378
Inventories for Sale or Use$93,517$93,832▲ $315
Intangible Assets$29,724$28,256▼ $1,468
Prepaid Expenses and Deferred Charges$9,965$9,965→ $0
Total Assets$10,130,364$10,127,686▼ $2,678
Liabilities
Mortgage Notes Payable Secured by Investment Property$2,943,321$2,894,393▼ $48,928
Accounts Payable and Accrued Expenses$163,957$213,906▲ $49,949
Other Liabilities$96,956$106,377▲ $9,421
Deferred Revenue$10,129$10,129→ $0
Total Liabilities$3,214,363$3,224,805▲ $10,442
Net Assets / Fund Balance
Unrestricted Net Assets$6,483,608$6,417,157▼ $66,451
Temporarily Rstr Net Assets$432,393$485,724▲ $53,331
Total Net Assets Fund Balance$6,916,001$6,902,881▼ $13,120
Total Liabilities and Net Assets / Fund Balance$10,130,364$10,127,686▼ $2,678

Asset Categories

AssetBook ValueDepreciationBasis
Other Land Buildings$8,296,786$4,450,145$12,746,931
Buildings$191,611$119,477$311,088
Equipment$123,161$108,900$232,061
Land$54,273-$54,273
Compensation and Service Providers
Top Officer Pay43rd percentile

Employees

NameTitleFull / Part TimeOtherTotal
K CornetteSuperintendentFT$75,225$75,225
C MarshallDirector-$2,400$2,400
J E SmithDirector-$2,400$2,400
K StoryTreasurer-$2,400$2,400
P WagonerVP-$2,400$2,400
S H MillerPresident-$2,400$2,400
W CraftSecretary-$2,400$2,400
Revenue and Support

Revenue Composition

Contributions and Grants
$3,100
Program Service Revenue
$1,919,500
Investment Income
$1,320
Other Revenue
$0
Change in Net Assets
$-18,004

Audited Revenue Reconciliation

Revenue per Audited Statements
$1,923,920
Total Revenue per Audited Statements
$1,923,920
Total Revenue per Form 990
$1,923,920
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$1,357,264
Salaries, Compensation, and Employee Benefits$584,660
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$335,114--$335,114
Depreciation Depletion$312,975--$312,975
Other Expenses---$136,972
Interest-$107,574-$107,574
All Other Expenses$106,972--$106,972
Other Employee Benefits$100,561--$100,561
Current Officers, Directors, Trustees, and Key Employees$75,225$14,400-$89,625
Pension Plan Contributions$31,632--$31,632
Payroll Taxes$27,728--$27,728
Insurance$22,986--$22,986
Advertising$1,235--$1,235
Total Functional Expenses$1,819,950$121,974$0$1,941,924

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$1,941,924
Total Expenses per Audited Statements$1,941,924
Total Expenses per Form 990$1,941,924
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
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Customer Deposits$106,377
Governance and Compliance

Governance Checklist

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

Governance Explanations

Part VI Section B Line 11B

“A copy of the completed 990 is given to the superintendent for approval and dissemination to the board prior to filing”

Part VI Section B Line 12C

“The board meets monthly and any conflicts of interest issues are discussed and handled according to policy”

Part VI Section C Line 19

“Governing documents, policies and financial statements are made available upon request of the superintendent”

Filing and Contact Details

Filer

Filer Name
Fleming County Water Assoc Inc
EIN
61-0716354
Phone
6068452067
Address
PO BOX 327, FLEMINGSBURG, KY 41041-0327

Signing Officer

Name
Stehpen H Miller
Title
President
Signed
2018-04-18
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Kevin Cornette
Voting Board Members
6
Independent Board Members
6
Employees
10

Preparer

Firm
Morgan and Associates LLC
Address
749 BROADWAY STREET, WEST LIBERTY, KY 41472
Preparer
Brenda K Morgan CPA
Phone
6067431884
Raw XML Appendix345 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/AccountantCompileOrReviewInd0false
IRS990/AccountsPayableAccrExpnssGrp/BOYAmt0163957
IRS990/AccountsPayableAccrExpnssGrp/EOYAmt0213906
IRS990/AccountsReceivableGrp/BOYAmt0230477
IRS990/AccountsReceivableGrp/EOYAmt0234855
IRS990/ActivitiesConductedPrtshpInd0false
IRS990/ActivityOrMissionDesc0PROVIDING WATER SERVICE FOR FLEMING COUNTY KENTUCKY
IRS990/AdvertisingGrp/ProgramServicesAmt01235
IRS990/AdvertisingGrp/TotalAmt01235
IRS990/AllOtherExpensesGrp/ProgramServicesAmt0106972
IRS990/AllOtherExpensesGrp/TotalAmt0106972
IRS990/AnnualDisclosureCoveredPrsnInd0true
IRS990/AuditCommitteeInd0true
IRS990/BackupWthldComplianceInd0false
IRS990/BooksInCareOfDetail/PersonNm0K CORNETTE
IRS990/BooksInCareOfDetail/PhoneNum06068452067
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt0PO BOX 327
IRS990/BooksInCareOfDetail/USAddress/CityNm0FLEMINGSBURG
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0KY
IRS990/BooksInCareOfDetail/USAddress/ZIPCd0410410327
IRS990/BusinessRlnWithFamMemInd0false
IRS990/BusinessRlnWithOfficerEntInd0false
IRS990/BusinessRlnWithOrgMemInd0false
IRS990/CashNonInterestBearingGrp/BOYAmt0415986
IRS990/CashNonInterestBearingGrp/EOYAmt0609223
IRS990/ChangeToOrgDocumentsInd0false
IRS990/CollectionsOfArtInd0false
IRS990/CompCurrentOfcrDirectorsGrp/ManagementAndGeneralAmt014400
IRS990/CompCurrentOfcrDirectorsGrp/ProgramServicesAmt075225
IRS990/CompCurrentOfcrDirectorsGrp/TotalAmt089625
IRS990/CompensationFromOtherSrcsInd0false
IRS990/CompensationProcessCEOInd0false
IRS990/CompensationProcessOtherInd0false
IRS990/ConflictOfInterestPolicyInd0true
IRS990/ConservationEasementsInd0false
IRS990/ConsolidatedAuditFinclStmtInd0false
IRS990/CreditCounselingInd0false
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt03100
IRS990/CYGrantsAndSimilarPaidAmt00
IRS990/CYInvestmentIncomeAmt01320
IRS990/CYOtherExpensesAmt01357264
IRS990/CYOtherRevenueAmt00
IRS990/CYProgramServiceRevenueAmt01919500
IRS990/CYRevenuesLessExpensesAmt0-18004
IRS990/CYSalariesCompEmpBnftPaidAmt0584660
IRS990/CYTotalExpensesAmt01941924
IRS990/CYTotalFundraisingExpenseAmt00
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt01923920
IRS990/DecisionsSubjectToApprovaInd0false
IRS990/DeductibleArtContributionInd0false
IRS990/DeductibleNonCashContriInd0false
IRS990/DeferredRevenueGrp/BOYAmt010129
IRS990/DeferredRevenueGrp/EOYAmt010129
IRS990/DelegationOfMgmtDutiesInd0false
IRS990/DepreciationDepletionGrp/ProgramServicesAmt0312975
IRS990/DepreciationDepletionGrp/TotalAmt0312975
IRS990/Desc0PROVIDED WATER SERVICE TO APPROXIMATELY 4000 CUSTOMERS IN FLEMING
IRS990/DescribedInSection501c3Ind0false
IRS990/DisregardedEntityInd0false
IRS990/DocumentRetentionPolicyInd0true
IRS990/DonorAdvisedFundInd0false
IRS990/ElectionOfBoardMembersInd0true
IRS990/EmployeeCnt010
IRS990/EmploymentTaxReturnsFiledInd0true
IRS990/ExpenseAmt01819950
IRS990/FamilyOrBusinessRlnInd0false
IRS990/FederalGrantAuditRequiredInd0false
IRS990/ForeignActivitiesInd0false
IRS990/ForeignFinancialAccountInd0false
IRS990/ForeignOfficeInd0false
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt10
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt20
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt30
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt40
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt50
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt60
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt02
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt12
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt22
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt32
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt42
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt52
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt640
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd0X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd1X
IRS990/Form990PartVIISectionAGrp/KeyEmployeeInd0X
IRS990/Form990PartVIISectionAGrp/OfficerInd0X
IRS990/Form990PartVIISectionAGrp/OfficerInd1X
IRS990/Form990PartVIISectionAGrp/OfficerInd2X
IRS990/Form990PartVIISectionAGrp/OfficerInd3X
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt00
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt10
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt20
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt30
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt40
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt50
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt60
IRS990/Form990PartVIISectionAGrp/PersonNm0S H MILLER
IRS990/Form990PartVIISectionAGrp/PersonNm1P WAGONER
IRS990/Form990PartVIISectionAGrp/PersonNm2W CRAFT
IRS990/Form990PartVIISectionAGrp/PersonNm3K STORY
IRS990/Form990PartVIISectionAGrp/PersonNm4J E SMITH
IRS990/Form990PartVIISectionAGrp/PersonNm5C MARSHALL
IRS990/Form990PartVIISectionAGrp/PersonNm6K CORNETTE
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt02400
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt12400
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt22400
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt32400
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt42400
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt52400
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt675225
IRS990/Form990PartVIISectionAGrp/TitleTxt0PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt1VP
IRS990/Form990PartVIISectionAGrp/TitleTxt2SECRETARY
IRS990/Form990PartVIISectionAGrp/TitleTxt3TREASURER
IRS990/Form990PartVIISectionAGrp/TitleTxt4DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt5DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt6SUPERINTENDENT
IRS990/Form990ProvidedToGvrnBodyInd0true
IRS990/FormerOfcrEmployeesListedInd0false
IRS990/FSAuditedBasisGrp/SeparateBasisFinclStmtInd0X
IRS990/FSAuditedInd0true
IRS990/FundraisingActivitiesInd0false
IRS990/GamingActivitiesInd0false
IRS990/GoverningBodyVotingMembersCnt06
IRS990/GrantsToIndividualsInd0false
IRS990/GrantsToOrganizationsInd0false
IRS990/GrantToRelatedPersonInd0false
IRS990/GrossReceiptsAmt01923920
IRS990/GroupReturnForAffiliatesInd0false
IRS990/IncludeFIN48FootnoteInd0false
IRS990/IndependentAuditFinclStmtInd0true
IRS990/IndependentVotingMemberCnt06
IRS990/IndoorTanningServicesInd0false
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InsuranceGrp/ProgramServicesAmt022986
IRS990/InsuranceGrp/TotalAmt022986
IRS990/IntangibleAssetsGrp/BOYAmt029724
IRS990/IntangibleAssetsGrp/EOYAmt028256
IRS990/InterestGrp/ManagementAndGeneralAmt0107574
IRS990/InterestGrp/TotalAmt0107574
IRS990/InventoriesForSaleOrUseGrp/BOYAmt093517
IRS990/InventoriesForSaleOrUseGrp/EOYAmt093832
IRS990/InvestmentIncomeGrp/RelatedOrExemptFuncIncomeAmt01320
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt01320
IRS990/InvestmentInJointVentureInd0false
IRS990/IRPDocumentCnt09
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt04678522
IRS990/LandBldgEquipBasisNetGrp/BOYAmt08918803
IRS990/LandBldgEquipBasisNetGrp/EOYAmt08665831
IRS990/LandBldgEquipCostOrOtherBssAmt013344353
IRS990/LoanOutstandingInd0false
IRS990/LocalChaptersInd0false
IRS990/MaterialDiversionOrMisuseInd0false
IRS990/MembersAndShrGrossIncomeAmt01866155
IRS990/MembershipDuesAmt03100
IRS990/MembersOrStockholdersInd0true
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd0true
IRS990/MinutesOfGoverningBodyInd0true
IRS990/MissionDesc0PROVIDING WATER SERVICE TO FLEMING COUNTY KENTUCKY
IRS990/MoreThan5000KToIndividualsInd0false
IRS990/MoreThan5000KToOrgInd0false
IRS990/MortgNotesPyblScrdInvstPropGrp/BOYAmt02943321
IRS990/MortgNotesPyblScrdInvstPropGrp/EOYAmt02894393
IRS990/NetAssetsOrFundBalancesBOYAmt06916001
IRS990/NetAssetsOrFundBalancesEOYAmt06902881
IRS990/NetIncmFromFundraisingEvtGrp/TotalRevenueColumnAmt00
IRS990/NondeductibleContributionsInd0false
IRS990/OfficerMailingAddressInd0false
IRS990/OperateHospitalInd0false
IRS990/Organization501cInd0X
IRS990/OrganizationFollowsSFAS117Ind0X
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt0100561
IRS990/OtherEmployeeBenefitsGrp/TotalAmt0100561
IRS990/OtherExpensesGrp/TotalAmt0643488
IRS990/OtherExpensesGrp/TotalAmt117092
IRS990/OtherExpensesGrp/TotalAmt27970
IRS990/OtherExpensesGrp/TotalAmt3136972
IRS990/OtherLiabilitiesGrp/BOYAmt096956
IRS990/OtherLiabilitiesGrp/EOYAmt0106377
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt0335114
IRS990/OtherSalariesAndWagesGrp/TotalAmt0335114
IRS990/OtherSourcesGrossIncomeAmt057765
IRS990/PartialLiquidationInd0false
IRS990/PayrollTaxesGrp/ProgramServicesAmt027728
IRS990/PayrollTaxesGrp/TotalAmt027728
IRS990/PensionPlanContributionsGrp/ProgramServicesAmt031632
IRS990/PensionPlanContributionsGrp/TotalAmt031632
IRS990/PoliticalCampaignActyInd0false
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt09965
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt09965
IRS990/PrincipalOfficerNm0KEVIN CORNETTE
IRS990/PriorPeriodAdjustmentsAmt04884
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgramServiceRevenueGrp/BusinessCd0221000
IRS990/ProgramServiceRevenueGrp/BusinessCd1221000
IRS990/ProgramServiceRevenueGrp/BusinessCd2221000
IRS990/ProgramServiceRevenueGrp/Desc0METERED WATER SALES
IRS990/ProgramServiceRevenueGrp/Desc1PENALTIES
IRS990/ProgramServiceRevenueGrp/Desc2OTHER REVENUE
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt01781043
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt132111
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt2106346
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt01781043
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt132111
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt2106346
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt02970
IRS990/PYInvestmentIncomeAmt028192
IRS990/PYOtherExpensesAmt01291501
IRS990/PYProgramServiceRevenueAmt01886138
IRS990/PYRevenuesLessExpensesAmt055743
IRS990/PYSalariesCompEmpBnftPaidAmt0570056
IRS990/PYTotalExpensesAmt01861557
IRS990/PYTotalRevenueAmt01917300
IRS990/ReconcilationRevenueExpnssAmt0-18004
IRS990/RegularMonitoringEnfrcInd0true
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0true
IRS990/ReportProgramRelatedInvstInd0false
IRS990/SavingsAndTempCashInvstGrp/BOYAmt0431892
IRS990/SavingsAndTempCashInvstGrp/EOYAmt0485724
IRS990/ScheduleBRequiredInd0false
IRS990ScheduleD/BuildingsGrp/BookValueAmt0191611
IRS990ScheduleD/BuildingsGrp/DepreciationAmt0119477
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt0311088
IRS990ScheduleD/EquipmentGrp/BookValueAmt0123161
IRS990ScheduleD/EquipmentGrp/DepreciationAmt0108900
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt0232061
IRS990ScheduleD/ExpensesSubtotalAmt01941924
IRS990ScheduleD/InclEscrowCustodialAcctLiabInd0false
IRS990ScheduleD/LandGrp/BookValueAmt054273
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt054273
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt08296786
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt04450145
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt012746931
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt0106377
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0CUSTOMER DEPOSITS
IRS990ScheduleD/RevenueSubtotalAmt01923920
IRS990ScheduleD/TotalBookValueLandBuildingsAmt08665831
IRS990ScheduleD/TotalExpensesPerForm990Amt01941924
IRS990ScheduleD/TotalLiabilityAmt0106377
IRS990ScheduleD/TotalRevenuePerForm990Amt01923920
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt01923920
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt01941924
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0A COPY OF THE COMPLETED 990 IS GIVEN TO THE SUPERINTENDENT FOR APPROVAL AND DISSEMINATION TO THE BOARD PRIOR TO FILING
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE BOARD MEETS MONTHLY AND ANY CONFLICTS OF INTEREST ISSUES ARE DISCUSSED AND HANDLED ACCORDING TO POLICY
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2GOVERNING DOCUMENTS, POLICIES AND FINANCIAL STATEMENTS ARE MADE AVAILABLE UPON REQUEST OF THE SUPERINTENDENT
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0PART VI SECTION B LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1PART VI SECTION B LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2PART VI SECTION C LINE 19
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TemporarilyRstrNetAssetsGrp/BOYAmt0432393
IRS990/TemporarilyRstrNetAssetsGrp/EOYAmt0485724
IRS990/TempOrPermanentEndowmentsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt010130364
IRS990/TotalAssetsEOYAmt010127686
IRS990/TotalAssetsGrp/BOYAmt010130364
IRS990/TotalAssetsGrp/EOYAmt010127686
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalContributionsAmt03100
IRS990/TotalEmployeeCnt010
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt0121974
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt01819950
IRS990/TotalFunctionalExpensesGrp/TotalAmt01941924
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt03214363
IRS990/TotalLiabilitiesEOYAmt03224805
IRS990/TotalLiabilitiesGrp/BOYAmt03214363
IRS990/TotalLiabilitiesGrp/EOYAmt03224805
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt06916001
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt06902881
IRS990/TotalProgramServiceExpensesAmt01819950
IRS990/TotalProgramServiceRevenueAmt01919500
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt01920820
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt01923920
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt010130364
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt010127686
IRS990/TotReportableCompRltdOrgAmt089625
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/UnrestrictedNetAssetsGrp/BOYAmt06483608
IRS990/UnrestrictedNetAssetsGrp/EOYAmt06417157
IRS990/USAddress/AddressLine1Txt0PO BOX 327
IRS990/USAddress/CityNm0FLEMINGSBURG
IRS990/USAddress/StateAbbreviationCd0KY
IRS990/USAddress/ZIPCd041041
IRS990/VotingMembersGoverningBodyCnt06
IRS990/VotingMembersIndependentCnt06
IRS990/WhistleblowerPolicyInd0true
ReturnHeader/BuildTS02018-06-14 16:35:46Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0STEHPEN H MILLER
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT
ReturnHeader/BusinessOfficerGrp/SignatureDt02018-04-18
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0FLEMING COUNTY WATER ASSOC INC
ReturnHeader/Filer/BusinessNameControlTxt0FLEM
ReturnHeader/Filer/EIN0610716354
ReturnHeader/Filer/PhoneNum06068452067
ReturnHeader/Filer/USAddress/AddressLine1Txt0PO BOX 327
ReturnHeader/Filer/USAddress/CityNm0FLEMINGSBURG
ReturnHeader/Filer/USAddress/StateAbbreviationCd0KY
ReturnHeader/Filer/USAddress/ZIPCd0410410327
ReturnHeader/FilingSecurityInformation/AtSubmissionCreationDeviceId03226BDDECBE22D7542492F50A1C937CEE563D8CB
ReturnHeader/FilingSecurityInformation/AtSubmissionFilingDeviceId03226BDDECBE22D7542492F50A1C937CEE563D8CB
ReturnHeader/FilingSecurityInformation/FilingLicenseTypeCd0P
ReturnHeader/FilingSecurityInformation/IPAddress/IPv4AddressTxt0104.254.43.241
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0320034770
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0MORGAN AND ASSOCIATES LLC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0749 BROADWAY STREET
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0WEST LIBERTY
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0KY
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd041472
ReturnHeader/PreparerPersonGrp/PhoneNum06067431884
ReturnHeader/PreparerPersonGrp/PreparationDt02018-04-17
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0BRENDA K MORGAN CPA
ReturnHeader/ReturnTs02018-04-17T17:54:19-04:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02017-01-01
ReturnHeader/TaxPeriodEndDt02017-12-31
ReturnHeader/TaxYr02017

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2017 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$10,127,686
Liabilities
$3,224,805
Net assets
$6,902,881
Revenue
$1,923,920
Expenses
$1,941,924
Net income
-$18,004
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$9.15$2.35$6.79$2.82$2.43$0.38
2023Detailed filing. Detailed filing data is available for this year.$8.85$2.44$6.41$2.24$2.32$0.08
2022Detailed filing. Detailed filing data is available for this year.$9.06$2.57$6.49$2.18$2.39$0.20
2021Detailed filing. Detailed filing data is available for this year.$9.51$2.81$6.69$2.08$2.13$0.06
2020Detailed filing. Detailed filing data is available for this year.$9.87$2.61$7.26$2.03$2.10$0.07
2019Detailed filing. Detailed filing data is available for this year.$10.0$2.68$7.33$2.03$2.03$0.01
2018Detailed filing. Detailed filing data is available for this year.$10.5$3.15$7.33$1.94$1.95$0.01
2017Detailed filing. Detailed filing data is available for this year.$10.1$3.22$6.90$1.92$1.94$0.02
2016Detailed filing. Detailed filing data is available for this year.$10.1$3.21$6.92$1.92$1.86$0.06
2015Detailed filing. Detailed filing data is available for this year.$10.5$3.62$6.86$2.22$1.86$0.36
2014Detailed filing. Detailed filing data is available for this year.$10.0$3.50$6.50$1.86$1.81$0.05
2013Detailed filing. Detailed filing data is available for this year.$9.42$2.97$6.45$1.91$1.84$0.07
2012Summary only. Only limited summary data is available for this year.$9.54$3.15$6.39$1.82$1.77$0.05
2011Summary only. Only limited summary data is available for this year.$9.56$3.21$6.35$1.75$1.76$0.01
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$9.23$3.25$5.98$1.64