Civic Intelligence

Southeastern Water Association Inc

990 • Fiscal year 2020 • EIN 61-1282354

Jan 01, 2020 to Dec 31, 2020 • Filed on Oct 09, 2021

Organization ProfileWWW.SOUTHEASTERNWATER.ORG

View Organization Page

147 East Somerset Church RdSomerset, KY 42503

(606) 678-5501

Siviq Scores

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

Liabilities / Assets

33rd percentile

0.38x

Higher debt load relative to assets than 33% of similar nonprofits.

2020 filings • 501(c)12 • $25M-$50M nonprofits • Source year 2020

Liabilities / Revenue

76th percentile

2.11x

Higher debt load relative to revenue than 76% of similar nonprofits.

2020 filings • 501(c)12 • $25M-$50M nonprofits • Source year 2020

Net Margin

89th percentile

20%

Higher net margin than 89% of similar nonprofits.

2020 filings • 501(c)12 • $25M-$50M nonprofits • Source year 2020

Top Officer Pay

5th percentile

$0

Higher top officer pay than 5% of similar nonprofits.

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

2020 filings • 501(c)12 • $25M-$50M nonprofits • Source year 2020

Asset Growth

55th percentile

3.5%

Faster asset growth than 55% of similar nonprofits.

2020 filings • 501(c)12 • $25M-$50M nonprofits • Annualized from 2019 to 2020

Revenue Growth

94th percentile

18%

Faster revenue growth than 94% of similar nonprofits.

2020 filings • 501(c)12 • $25M-$50M nonprofits • Annualized from 2019 to 2020

Balance Sheet
Liabilities / Assets33rd percentile

Assets

Up

$28,342,307

Up $964,175 (+3.5%) from 2019

Net Assets

Up

$17,630,181

Up $835,793 (+5.0%) from 2019

Liabilities

Up

$10,712,126

Up $128,382 (+1.2%) from 2019

Revenue And Expenses
Liabilities / Revenue76th percentileNet Margin89th percentile

Revenue

Up

$5,087,693

Up $777,159 (+18%) from 2019

Expenses

Down

$4,052,819

Down $282,329 (-6.5%) from 2019

Net Income

Up

$1,034,874

Up $1,059,488 (+4304%) from 2019

Historical Trend

Balance Sheet Trend

Asset Growth55th percentile

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

$40M$30M$20M$10M$0Assets 2011: $26,051,411Liabilities 2011: $12,821,062Net Assets 2011: $13,230,3492011Assets 2012: $27,534,984Liabilities 2012: $12,838,319Net Assets 2012: $14,696,6652012Assets 2013: $27,932,838Liabilities 2013: $12,322,078Net Assets 2013: $15,610,7602013Assets 2014: $28,088,077Liabilities 2014: $11,892,629Net Assets 2014: $16,195,4482014Assets 2015: $28,437,746Liabilities 2015: $11,762,607Net Assets 2015: $16,675,1392015Assets 2016: $28,365,647Liabilities 2016: $11,560,614Net Assets 2016: $16,805,0332016Assets 2017: $28,124,034Liabilities 2017: $11,193,996Net Assets 2017: $16,930,0382017Assets 2018: $27,719,230Liabilities 2018: $10,918,600Net Assets 2018: $16,800,6302018Assets 2019: $27,378,132Liabilities 2019: $10,583,744Net Assets 2019: $16,794,3882019Assets 2020: $28,342,307Liabilities 2020: $10,712,126Net Assets 2020: $17,630,1812020Assets 2021: $31,183,377Liabilities 2021: $12,487,264Net Assets 2021: $18,696,1132021Assets 2022: $31,125,318Liabilities 2022: $11,785,797Net Assets 2022: $19,339,5212022Assets 2023: $30,607,991Liabilities 2023: $11,005,165Net Assets 2023: $19,602,8262023Assets 2024: $33,125,781Liabilities 2024: $11,499,593Net Assets 2024: $21,626,1882024

Highlighted filing

2020

Assets$28,342,307
Liabilities$10,712,126
Net Assets$17,630,181
Open 2020 Filing

Operations Trend

Revenue Growth94th percentile

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

$8.0M$6.0M$4.0M$2.0M$0-$2.0MRevenue 2011: $3,023,174Expenses 2011: $1,916,386Net Income 2011: $1,106,7882011Revenue 2012: $3,514,744Expenses 2012: $2,147,361Net Income 2012: $1,367,3832012Revenue 2013: $3,119,550Expenses 2013: $2,245,774Net Income 2013: $873,7762013Revenue 2014: $3,051,307Expenses 2014: $2,560,847Net Income 2014: $490,4602014Revenue 2015: $2,894,148Expenses 2015: $2,476,802Net Income 2015: $417,3462015Revenue 2016: $2,656,103Expenses 2016: $2,526,209Net Income 2016: $129,8942016Revenue 2017: $2,503,528Expenses 2017: $2,446,568Net Income 2017: $56,9602017Revenue 2018: $2,177,958Expenses 2018: $2,306,888Net Income 2018: -$128,9302018Revenue 2019: $4,310,534Expenses 2019: $4,335,148Net Income 2019: -$24,6142019Revenue 2020: $5,087,693Expenses 2020: $4,052,819Net Income 2020: $1,034,8742020Revenue 2021: $5,722,292Expenses 2021: $4,656,360Net Income 2021: $1,065,9322021Revenue 2022: $5,680,102Expenses 2022: $5,036,694Net Income 2022: $643,4082022Revenue 2023: $5,679,158Expenses 2023: $4,788,655Net Income 2023: $890,5032023Revenue 2024: $6,698,966Expenses 2024: $5,317,852Net Income 2024: $1,381,1142024

Highlighted filing

2020

Revenue$5,087,693
Expenses$4,052,819
Net Income$1,034,874
Open 2020 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2020 to Dec 31, 2020
Signed
Oct 9, 2021
Return Version
2020v4.1
Gross Receipts
$5,087,693
Mission and Program Overview

Mission

To provide water supply and services to the members of the association

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$20,738,655$21,504,001▲ $765,346
Savings and Temporary Cash Investments$6,085,015$6,001,437▼ $83,578
Accounts Receivable$322,987$389,832▲ $66,845
Cash and Non-Interest-Bearing Accounts$55,613$233,289▲ $177,676
Inventories for Sale or Use$118,766$157,733▲ $38,967
Prepaid Expenses and Deferred Charges$38,724$56,015▲ $17,291
Total Assets$27,359,760$28,342,307▲ $982,547
Liabilities
Mortgage Notes Payable Secured by Investment Property$10,228,085$10,372,365▲ $144,280
Accounts Payable and Accrued Expenses$355,659$339,761▼ $15,898
Total Liabilities$10,583,744$10,712,126▲ $128,382
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$14,527,983$15,387,885▲ $859,902
Net Assets With Donor Restrictions$2,248,033$2,242,296▼ $5,737
Total Net Assets Fund Balance$16,776,016$17,630,181▲ $854,165
Total Liabilities and Net Assets / Fund Balance$27,359,760$28,342,307▲ $982,547

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$21,377,853$15,969,700$37,347,553
Buildings$-80,212$659,738$579,526
Land$206,360-$206,360
Compensation and Service Providers
Top Officer Pay5th percentile

Board Members and Trustees

NameTitle
Bobby CrowDirector
Dennis R FaulknerDirector
Dwight FaulknerDirector
Ernest Stout JrDirector
Grant TreadoDirector
Joe D CrawfordDirector
Mark O DavisDirector
Wade BumgardnerDirector
Morris VaughnManager
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$5,004,592
Investment Income
$79,391
Other Revenue
$3,710
Change in Net Assets
$1,034,874

Audited Revenue Reconciliation

Revenue per Audited Statements
$3,879,189
Revenue Not Reported on Form 990
$602,397
Total Revenue per Audited Statements
$4,481,586
Total Revenue per Form 990
$3,879,189
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$3,422,047
Salaries, Compensation, and Employee Benefits$630,772
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
All Other Expenses$1,599,585--$1,599,585
Depreciation Depletion$980,580$15,386-$995,966
Other Salaries and Wages$384,552$112,873-$497,425
Interest$353,382--$353,382
Insurance$89,975$54,702-$144,677
Pension Plan Contributions$37,519$11,012-$48,531
Fees for Services Accounting-$47,500-$47,500
Current Officers, Directors, Trustees, and Key Employees-$44,200-$44,200
Payroll Taxes$31,274$9,342-$40,616
Other Expenses$35,503--$35,503
Office Expenses-$22,250-$22,250
Fees for Services Legal-$11,741-$11,741
Total Functional Expenses$3,723,813$329,006$0$4,052,819

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$4,259,019
Total Expenses per Audited Statements$4,259,019
Total Expenses per Form 990$4,259,019
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
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
Yes
Conflict-of-interest policy
No
Audited financial statements prepared
No
Key decisions subject to board approval
Yes
Management duties delegated
No

Governance Explanations

Members or stockholder classes and rights Part VI line 6

“The board of directors of the association meets monthly and the meeting is open to all members. The association also has an annual members meeting.”

Member election for additional members Part VI line 7A

“The board of directors are appointed at the annual meeting and all members have voting rights.”

Governing body decisions Part VI line 7B

“Members have a right to attend meetings and vote on new directors if they do not approve of the decisions being made by current giverning body”

Form 990 governing body review Part VI line 11

“The members of teh board of directors have a copy of the form 990 made available to them at monthly meeting”

CEO executive director top management comp Part VI line 15A

“The board reviews the salaries of other water associations with similar membership size, service capcity and terrain in determining the salaries of top management as well as other paid positions within the association”

Other officer or key employee compensation Part VI line 15B

“The board reviews the salaries of other water associations with similar membership size, service capcity and terrain in determining the salaries of top management as well as other paid positions within the association”

Governing documents etc available to public Part VI line 19

“The organizations governing documents are available at the local office and are available upon request. Financial statements are provided monthly at member meetings and are availbale at local office upon request. Annual financial statements are filed with the public service commission and those are available to the public at the psc web site. A copy of the audited financial statements is also available at the same web site.”

Filing and Contact Details

Filer

Filer Name
Southeastern Water Association Inc
EIN
61-1282354
Address
147 EAST SOMERSET CHURCH RD, SOMERSET, KY 42503

Signing Officer

Name
Joe Crawford
Title
Director
Phone
6066785501
Signed
2021-10-09
Discuss with paid preparer
Yes

Organization Details

Formed
1993
Legal Domicile
Ky
Voting Board Members
8
Independent Board Members
8
Employees
12

Preparer

Firm
Barry D Daulton CPA Psc
Address
423 EAST MT VERNON STREET, Somerset, KY 42501
Preparer
Barry Daulton
Phone
6066799344
Supplemental Narrative

Additional Explanations

Explanation of other changes in net assets or fund balances Part XI line 9

“Change in unrealized gain (loss) on investments prior period adjustment”

List of other expenses Part IX line 24E

“See attached schedule of other expenses included on part ix, line 24e”

Raw XML Appendix391 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/OtherRevenueMiscGrp/Desc0MISCELLANEOUS
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt03710
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt03710
IRS990/OtherRevenueTotalAmt03710
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt0112873
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt0384552
IRS990/OtherSalariesAndWagesGrp/TotalAmt0497425
IRS990/OtherSourcesGrossIncomeAmt00
IRS990/PartialLiquidationInd0false
IRS990/PayPremiumsPrsnlBnftCntrctInd0false
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt09342
IRS990/PayrollTaxesGrp/ProgramServicesAmt031274
IRS990/PayrollTaxesGrp/TotalAmt040616
IRS990/PensionPlanContributionsGrp/ManagementAndGeneralAmt011012
IRS990/PensionPlanContributionsGrp/ProgramServicesAmt037519
IRS990/PensionPlanContributionsGrp/TotalAmt048531
IRS990/PoliticalCampaignActyInd0false
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt038724
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt056015
IRS990/PriorPeriodAdjustmentsAmt0-180709
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgramServiceRevenueGrp/BusinessCd0221000
IRS990/ProgramServiceRevenueGrp/BusinessCd1221000
IRS990/ProgramServiceRevenueGrp/BusinessCd2221000
IRS990/ProgramServiceRevenueGrp/Desc0WATER SALES
IRS990/ProgramServiceRevenueGrp/Desc1CAPITAL CONTRIBUTIONS
IRS990/ProgramServiceRevenueGrp/Desc2MEMBERSHIP FEES
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt04481586
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt1517886
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt25120
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt04481586
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt1517886
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt25120
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/QuidProQuoContributionsInd0false
IRS990/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990/ReconcilationRevenueExpnssAmt01034874
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0false
IRS990/ReportProgramRelatedInvstInd0false
IRS990/SavingsAndTempCashInvstGrp/BOYAmt06085015
IRS990/SavingsAndTempCashInvstGrp/EOYAmt06001437
IRS990/ScheduleBRequiredInd0false
IRS990ScheduleD/BuildingsGrp/BookValueAmt0-80212
IRS990ScheduleD/BuildingsGrp/DepreciationAmt0659738
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt0579526
IRS990ScheduleD/EquipmentGrp/BookValueAmt021377853
IRS990ScheduleD/EquipmentGrp/DepreciationAmt015969700
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt037347553
IRS990ScheduleD/ExpensesSubtotalAmt04259019
IRS990ScheduleD/LandGrp/BookValueAmt0206360
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt0206360
IRS990ScheduleD/OtherRevenueAmt0602397
IRS990ScheduleD/RevenueNotReportedAmt0602397
IRS990ScheduleD/RevenueSubtotalAmt03879189
IRS990ScheduleD/TotalBookValueLandBuildingsAmt021504001
IRS990ScheduleD/TotalExpensesPerForm990Amt04259019
IRS990ScheduleD/TotalRevenuePerForm990Amt03879189
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt04481586
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt04259019
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE BOARD OF DIRECTORS OF THE ASSOCIATION MEETS MONTHLY AND THE MEETING IS OPEN TO ALL MEMBERS. THE ASSOCIATION ALSO HAS AN ANNUAL MEMBERS MEETING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE BOARD OF DIRECTORS ARE APPOINTED AT THE ANNUAL MEETING AND ALL MEMBERS HAVE VOTING RIGHTS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2MEMBERS HAVE A RIGHT TO ATTEND MEETINGS AND VOTE ON NEW DIRECTORS IF THEY DO NOT APPROVE OF THE DECISIONS BEING MADE BY CURRENT GIVERNING BODY
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THE MEMBERS OF TEH BOARD OF DIRECTORS HAVE A COPY OF THE FORM 990 MADE AVAILABLE TO THEM AT MONTHLY MEETING
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4THE BOARD REVIEWS THE SALARIES OF OTHER WATER ASSOCIATIONS WITH SIMILAR MEMBERSHIP SIZE, SERVICE CAPCITY AND TERRAIN IN DETERMINING THE SALARIES OF TOP MANAGEMENT AS WELL AS OTHER PAID POSITIONS WITHIN THE ASSOCIATION
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5THE BOARD REVIEWS THE SALARIES OF OTHER WATER ASSOCIATIONS WITH SIMILAR MEMBERSHIP SIZE, SERVICE CAPCITY AND TERRAIN IN DETERMINING THE SALARIES OF TOP MANAGEMENT AS WELL AS OTHER PAID POSITIONS WITHIN THE ASSOCIATION
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6THE ORGANIZATIONS GOVERNING DOCUMENTS ARE AVAILABLE AT THE LOCAL OFFICE AND ARE AVAILABLE UPON REQUEST. FINANCIAL STATEMENTS ARE PROVIDED MONTHLY AT MEMBER MEETINGS AND ARE AVAILBALE AT LOCAL OFFICE UPON REQUEST. ANNUAL FINANCIAL STATEMENTS ARE FILED WITH THE PUBLIC SERVICE COMMISSION AND THOSE ARE AVAILABLE TO THE PUBLIC AT THE PSC WEB SITE. A COPY OF THE AUDITED FINANCIAL STATEMENTS IS ALSO AVAILABLE AT THE SAME WEB SITE.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt7CHANGE IN UNREALIZED GAIN (LOSS) ON INVESTMENTS PRIOR PERIOD ADJUSTMENT
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt8SEE ATTACHED SCHEDULE OF OTHER EXPENSES INCLUDED ON PART IX, LINE 24E
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Members or stockholder classes and rights Part VI line 6
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Member election for additional members Part VI line 7a
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Governing body decisions Part VI line 7b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Form 990 governing body review Part VI line 11
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4CEO executive director top management comp Part VI line 15a
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5Other officer or key employee compensation Part VI line 15b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6Governing documents etc available to public Part VI line 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc7Explanation of other changes in net assets or fund balances Part XI line 9
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc8List of other expenses Part IX line 24e
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/SubjectToExcsTaxNetInvstIncInd0false
IRS990/SubjectToProxyTaxInd0false
IRS990/SubjToTaxRmnrtnExPrchtPymtInd0false
IRS990/TaxableDistributionsInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt027359760
IRS990/TotalAssetsEOYAmt028342307
IRS990/TotalAssetsGrp/BOYAmt027359760
IRS990/TotalAssetsGrp/EOYAmt028342307
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalEmployeeCnt012
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt0329006
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt03723813
IRS990/TotalFunctionalExpensesGrp/TotalAmt04052819
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt010583744
IRS990/TotalLiabilitiesEOYAmt010712126
IRS990/TotalLiabilitiesGrp/BOYAmt010583744
IRS990/TotalLiabilitiesGrp/EOYAmt010712126
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt016776016
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt017630181
IRS990/TotalOtherCompensationAmt00
IRS990/TotalProgramServiceExpensesAmt03723813
IRS990/TotalProgramServiceRevenueAmt05004592
IRS990/TotalReportableCompFromOrgAmt00
IRS990/TotalRevenueGrp/ExclusionAmt00
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt05087693
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt05087693
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt027359760
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt028342307
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TransactionWithControlEntInd0false
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/UponRequestInd0X
IRS990/VotingMembersGoverningBodyCnt08
IRS990/VotingMembersIndependentCnt08
IRS990/WebsiteAddressTxt0WWW.SOUTHEASTERNWATER.ORG/
IRS990/WhistleblowerPolicyInd0false
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/AuthenticationAssuranceLevelCd0AAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/IdentityAssuranceLevelCd0IAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/OOBSecurityVerificationCd000
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/TrustedCustomerCd00
ReturnHeader/BuildTS02022-09-23 18:48:47Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0JOE CRAWFORD
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0DIRECTOR
ReturnHeader/BusinessOfficerGrp/PhoneNum06066785501
ReturnHeader/BusinessOfficerGrp/SignatureDt02021-10-09
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0SOUTHEASTERN WATER ASSOCIATION INC
ReturnHeader/Filer/BusinessNameControlTxt0SOUT
ReturnHeader/Filer/EIN0611282354
ReturnHeader/Filer/USAddress/AddressLine1Txt0147 EAST SOMERSET CHURCH RD
ReturnHeader/Filer/USAddress/CityNm0SOMERSET
ReturnHeader/Filer/USAddress/StateAbbreviationCd0KY
ReturnHeader/Filer/USAddress/ZIPCd042503
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0300073956
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0BARRY D DAULTON CPA PSC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0423 EAST MT VERNON STREET
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0Somerset
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0KY
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd042501
ReturnHeader/PreparerPersonGrp/PhoneNum06066799344
ReturnHeader/PreparerPersonGrp/PreparationDt02021-11-09
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0BARRY DAULTON
ReturnHeader/PreparerPersonGrp/SelfEmployedInd0X
ReturnHeader/ReturnTs02021-11-09T16:26:25-05:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0JOE
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0CRAWFORD
ReturnHeader/TaxPeriodBeginDt02020-01-01
ReturnHeader/TaxPeriodEndDt02020-12-31
ReturnHeader/TaxYr02020

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2020 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$28,342,307
Liabilities
$10,712,126
Net assets
$17,630,181
Revenue
$5,087,693
Expenses
$4,052,819
Net income
$1,034,874
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$33.1$11.5$21.6$6.70$5.32$1.38
2023Summary only. Only limited summary data is available for this year.$30.6$11.0$19.6$5.68$4.79$0.89
2022Facts available. Structured filing facts are available, but richer extracted sections are limited.$31.1$11.8$19.3$5.68$5.04$0.64
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$31.2$12.5$18.7$5.72$4.66$1.07
2020Detailed filing. Detailed filing data is available for this year.$28.3$10.7$17.6$5.09$4.05$1.03
2019Facts available. Structured filing facts are available, but richer extracted sections are limited.$27.4$10.6$16.8$4.31$4.34$0.02
2018Facts available. Structured filing facts are available, but richer extracted sections are limited.$27.7$10.9$16.8$2.18$2.31$0.13
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$28.1$11.2$16.9$2.50$2.45$0.06
2016Summary only. Only limited summary data is available for this year.$28.4$11.6$16.8$2.66$2.53$0.13
2015Summary only. Only limited summary data is available for this year.$28.4$11.8$16.7$2.89$2.48$0.42
2014Summary only. Only limited summary data is available for this year.$28.1$11.9$16.2$3.05$2.56$0.49
2013Summary only. Only limited summary data is available for this year.$27.9$12.3$15.6$3.12$2.25$0.87
2012Summary only. Only limited summary data is available for this year.$27.5$12.8$14.7$3.51$2.15$1.37
2011Summary only. Only limited summary data is available for this year.$26.1$12.8$13.2$3.02$1.92$1.11