Civic Intelligence

Belforest Water Systems Inc

990 • Fiscal year 2015 • EIN 63-0649171

Jan 01, 2015 to Dec 31, 2015 • Filed on Mar 11, 2016

Organization ProfileN/A
PO Box 125Daphne, AL 36526

(251) 626-5554

Siviq Scores

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

Liabilities / Assets

26th percentile

0.18x

Higher debt load relative to assets than 26% of similar nonprofits.

2015 filings • 501(c)12 • $10M-$25M nonprofits • Source year 2015

Liabilities / Revenue

37th percentile

1.03x

Higher debt load relative to revenue than 37% of similar nonprofits.

2015 filings • 501(c)12 • $10M-$25M nonprofits • Source year 2015

Net Margin

92nd percentile

32%

Higher net margin than 92% of similar nonprofits.

2015 filings • 501(c)12 • $10M-$25M nonprofits • Source year 2015

Top Officer Pay

27th percentile

$2,700

Higher top officer pay than 27% of similar nonprofits.

Top officer pay equals 0.1% of source-year revenue.

2015 filings • 501(c)12 • $10M-$25M nonprofits • Source year 2015

Asset Growth

64th percentile

3.2%

Faster asset growth than 64% of similar nonprofits.

2015 filings • 501(c)12 • $10M-$25M nonprofits • Annualized from 2014 to 2015

Revenue Growth

90th percentile

21%

Faster revenue growth than 90% of similar nonprofits.

2015 filings • 501(c)12 • $10M-$25M nonprofits • Annualized from 2014 to 2015

Balance Sheet
Liabilities / Assets26th percentile

Assets

Up

$11,172,712

Up $349,506 (+3.2%) from 2014

Net Assets

Up

$9,144,812

Up $621,764 (+7.3%) from 2014

Liabilities

Down

$2,027,900

Down $272,258 (-12%) from 2014

Revenue And Expenses
Liabilities / Revenue37th percentileNet Margin92nd percentile

Revenue

Up

$1,968,581

Up $342,808 (+21%) from 2014

Expenses

Up

$1,346,817

Up $18,193 (+1.4%) from 2014

Net Income

Up

$621,764

Up $324,615 (+109%) from 2014

Historical Trend

Balance Sheet Trend

Asset Growth64th percentile

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

$40M$30M$20M$10M$0Assets 2010: $6,075,253Liabilities 2010: $694,269Net Assets 2010: $5,380,9842010Assets 2011: $6,552,430Liabilities 2011: $655,918Net Assets 2011: $5,896,5122011Assets 2012: $8,459,355Liabilities 2012: $788,087Net Assets 2012: $7,671,2682012Assets 2013: $10,704,284Liabilities 2013: $2,476,423Net Assets 2013: $8,227,8612013Assets 2014: $10,823,206Liabilities 2014: $2,300,158Net Assets 2014: $8,523,0482014Assets 2015: $11,172,712Liabilities 2015: $2,027,900Net Assets 2015: $9,144,8122015Assets 2016: $11,755,181Liabilities 2016: $1,777,591Net Assets 2016: $9,977,5902016Assets 2017: $12,885,817Liabilities 2017: $2,296,725Net Assets 2017: $10,589,0922017Assets 2018: $13,247,727Liabilities 2018: $1,895,520Net Assets 2018: $11,352,2072018Assets 2019: $13,867,755Liabilities 2019: $1,377,104Net Assets 2019: $12,490,6512019Assets 2020: $14,889,126Liabilities 2020: $929,494Net Assets 2020: $13,959,6322020Assets 2021: $16,714,565Liabilities 2021: $1,425,524Net Assets 2021: $15,289,0412021Assets 2022: $19,102,556Liabilities 2022: $2,778,239Net Assets 2022: $16,324,3172022Assets 2023: $25,986,872Liabilities 2023: $7,870,451Net Assets 2023: $18,116,4212023Assets 2024: $30,360,315Liabilities 2024: $11,115,528Net Assets 2024: $19,244,7872024

Highlighted filing

2015

Assets$11,172,712
Liabilities$2,027,900
Net Assets$9,144,812
Open 2015 Filing

Operations Trend

Revenue Growth90th percentile

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

$6.0M$4.0M$2.0M$0Expenses 2010: $789,2612010Expenses 2011: $908,6342011Expenses 2012: $1,039,2142012Revenue 2013: $1,720,802Expenses 2013: $1,164,209Net Income 2013: $556,5932013Revenue 2014: $1,625,773Expenses 2014: $1,328,624Net Income 2014: $297,1492014Revenue 2015: $1,968,581Expenses 2015: $1,346,817Net Income 2015: $621,7642015Revenue 2016: $2,272,145Expenses 2016: $1,439,366Net Income 2016: $832,7792016Revenue 2017: $2,122,072Expenses 2017: $1,510,570Net Income 2017: $611,5022017Revenue 2018: $2,401,486Expenses 2018: $1,638,371Net Income 2018: $763,1152018Revenue 2019: $3,271,433Expenses 2019: $2,132,989Net Income 2019: $1,138,4442019Revenue 2020: $3,586,272Expenses 2020: $2,117,291Net Income 2020: $1,468,9812020Revenue 2021: $3,578,733Expenses 2021: $2,249,324Net Income 2021: $1,329,4092021Revenue 2022: $3,622,088Expenses 2022: $2,321,018Net Income 2022: $1,301,0702022Revenue 2023: $4,063,774Expenses 2023: $2,271,670Net Income 2023: $1,792,1042023Revenue 2024: $5,076,930Expenses 2024: $3,355,600Net Income 2024: $1,721,3302024

Highlighted filing

2015

Revenue$1,968,581
Expenses$1,346,817
Net Income$621,764
Open 2015 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2015 to Dec 31, 2015
Signed
Mar 11, 2016
Return Version
2015v2.1
Gross Receipts
$1,968,581
Mission and Program Overview

Mission

To provide water service to the community of belforest, baldwin co., al.

To provide water service to the community of belforest, baldwin co, al

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$8,920,750$8,793,239▼ $127,511
Cash and Non-Interest-Bearing Accounts$1,602,374$2,272,260▲ $669,886
Accounts Receivable$92,890$93,080▲ $190
Total Assets$10,823,206$11,172,712▲ $349,506
Other Assets Total$207,192$14,133▼ $193,059
Liabilities
Mortgage Notes Payable Secured by Investment Property$2,082,579$1,853,584▼ $228,995
Other Liabilities$148,235$160,455▲ $12,220
Accounts Payable and Accrued Expenses$69,344$13,861▼ $55,483
Total Liabilities$2,300,158$2,027,900▼ $272,258
Net Assets / Fund Balance
Unrestricted Net Assets$8,523,048$9,144,812▲ $621,764
Total Net Assets Fund Balance$8,523,048$9,144,812▲ $621,764
Total Liabilities and Net Assets / Fund Balance$10,823,206$11,172,712▲ $349,506

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$259,566$75,745-
Other Land Buildings$8,193,961$2,060,437-
Land$119,279--
Equipment$220,433$689,166-
Compensation and Service Providers
Top Officer Pay27th percentile

Employees

NameTitleBaseTotal
Rudd SchultzePresident$2,700$2,700
Charles DubeSec/treas$2,250$2,250
James McfallVice President$2,250$2,250
Daryl CleworthBoard Member$1,800$1,800
Mackie GarrettBoard Member$1,800$1,800
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$1,626,782
Investment Income
$895
Other Revenue
$340,904
Change in Net Assets
$621,764

Audited Revenue Reconciliation

Revenue per Audited Statements
$1,968,581
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$0
Total Revenue per Audited Statements
$1,968,581
Total Revenue per Form 990
$1,968,581
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$1,014,658
Salaries, Compensation, and Employee Benefits$332,159
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Depreciation Depletion$365,633--$365,633
Other Salaries and Wages$286,472--$286,472
Insurance$133,901--$133,901
Interest$79,090--$79,090
Office Expenses$68,101--$68,101
Other Expenses$38,972--$38,972
All Other Expenses$34,028--$34,028
Payroll Taxes$24,386--$24,386
Fees for Services Accounting$15,055--$15,055
Current Officers, Directors, Trustees, and Key Employees$11,256--$11,256
Pension Plan Contributions$10,045--$10,045
Conferences and Meetings$7,611--$7,611
Fees for Services Legal$4,555--$4,555
Advertising$2,035--$2,035
Fees for Services Other$1,486--$1,486
Total Functional Expenses$1,346,817$0$0$1,346,817

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$1,346,817
Total Expenses per Audited Statements$1,346,817
Total Expenses per Form 990$1,346,817
Expenses Not Reported on Financial Statements$0
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
Meter Deposits$160,455
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Audit committee
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
No
Other officer compensation reviewed
No
Conflict-of-interest policy
No
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section A, Line 6

“The customers are considered members.”

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

“Members vote for vacant board of director positions at the annual meeting. Each board member serves a three year term.”

Form 990, Part VI, Section A, Line 8B

“THERE ARE NO COMMITTEES.”

Form 990, Part VI, Section B, Line 11

“The board of directors reviewed the draft of the 990 along with accountant who prepared the form.”

Form 990, Part VI, Section C, Line 19

“Financial statements are furnished to customers at the annual meeting and upon request.”

Filing and Contact Details

Filer

Filer Name
Belforest Water System Inc
EIN
63-0649171
Phone
2516265554
Address
PO BOX 125, DAPHNE, AL 36526

Signing Officer

Name
Rudd Schultze
Title
President
Phone
2516265554
Signed
2016-03-11
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Rudd Schultze
Formed
1972
Legal Domicile
Al
Voting Board Members
5
Independent Board Members
5
Employees
7
Volunteers
0

Preparer

Firm
Johnson Slaughter Driver & Northcutt Pa
Address
PO BOX 489, FOLEY, AL 36536-0489
Preparer
Carl E Johnson CPA
Phone
2519431565
Raw XML Appendix361 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/AccountantCompileOrReviewInd00
IRS990/AccountsPayableAccrExpnssGrp/BOYAmt069344
IRS990/AccountsPayableAccrExpnssGrp/EOYAmt013861
IRS990/AccountsReceivableGrp/BOYAmt092890
IRS990/AccountsReceivableGrp/EOYAmt093080
IRS990/ActivitiesConductedPrtshpInd00
IRS990/ActivityOrMissionDesc0TO PROVIDE WATER SERVICE TO THE COMMUNITY OF BELFOREST, BALDWIN CO, AL
IRS990/AdvertisingGrp/ProgramServicesAmt02035
IRS990/AdvertisingGrp/TotalAmt02035
IRS990/AllOtherExpensesGrp/ProgramServicesAmt034028
IRS990/AllOtherExpensesGrp/TotalAmt034028
IRS990/AuditCommitteeInd00
IRS990/BooksInCareOfDetail/BusinessName/BusinessNameLine1Txt0KELLY HOLLAND
IRS990/BooksInCareOfDetail/PhoneNum02516265554
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt0PO BOX 125
IRS990/BooksInCareOfDetail/USAddress/CityNm0DAPHNE
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0AL
IRS990/BooksInCareOfDetail/USAddress/ZIPCd036526
IRS990/BusinessRlnWithFamMemInd00
IRS990/BusinessRlnWithOfficerEntInd00
IRS990/BusinessRlnWithOrgMemInd00
IRS990/CashNonInterestBearingGrp/BOYAmt01602374
IRS990/CashNonInterestBearingGrp/EOYAmt02272260
IRS990/ChangeToOrgDocumentsInd00
IRS990/CntrctRcvdGreaterThan100KCnt00
IRS990/CollectionsOfArtInd00
IRS990/CompCurrentOfcrDirectorsGrp/ProgramServicesAmt011256
IRS990/CompCurrentOfcrDirectorsGrp/TotalAmt011256
IRS990/CompensationFromOtherSrcsInd00
IRS990/CompensationProcessCEOInd00
IRS990/CompensationProcessOtherInd00
IRS990/ConferencesMeetingsGrp/ProgramServicesAmt07611
IRS990/ConferencesMeetingsGrp/TotalAmt07611
IRS990/ConflictOfInterestPolicyInd00
IRS990/ConservationEasementsInd00
IRS990/ConsolidatedAuditFinclStmtInd00
IRS990/CreditCounselingInd00
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt00
IRS990/CYGrantsAndSimilarPaidAmt00
IRS990/CYInvestmentIncomeAmt0895
IRS990/CYOtherExpensesAmt01014658
IRS990/CYOtherRevenueAmt0340904
IRS990/CYProgramServiceRevenueAmt01626782
IRS990/CYRevenuesLessExpensesAmt0621764
IRS990/CYSalariesCompEmpBnftPaidAmt0332159
IRS990/CYTotalExpensesAmt01346817
IRS990/CYTotalFundraisingExpenseAmt00
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt01968581
IRS990/DecisionsSubjectToApprovaInd00
IRS990/DeductibleArtContributionInd00
IRS990/DeductibleNonCashContriInd00
IRS990/DelegationOfMgmtDutiesInd00
IRS990/DepreciationDepletionGrp/ProgramServicesAmt0365633
IRS990/DepreciationDepletionGrp/TotalAmt0365633
IRS990/Desc0OWNS AND OPERATES A WATER DISTRIBUTION SYSTEM IN THE COMMUNITY OF BELFOREST, BALDWIN COUNTY, ALABAMA
IRS990/DescribedInSection501c3Ind00
IRS990/DisregardedEntityInd00
IRS990/DocumentRetentionPolicyInd00
IRS990/DonorAdvisedFundInd00
IRS990/ElectionOfBoardMembersInd01
IRS990/EmployeeCnt07
IRS990/EmploymentTaxReturnsFiledInd01
IRS990/ExpenseAmt01346817
IRS990/FamilyOrBusinessRlnInd00
IRS990/FederalGrantAuditRequiredInd00
IRS990/FeesForServicesAccountingGrp/ProgramServicesAmt015055
IRS990/FeesForServicesAccountingGrp/TotalAmt015055
IRS990/FeesForServicesLegalGrp/ProgramServicesAmt04555
IRS990/FeesForServicesLegalGrp/TotalAmt04555
IRS990/FeesForServicesOtherGrp/ProgramServicesAmt01486
IRS990/FeesForServicesOtherGrp/TotalAmt01486
IRS990/ForeignActivitiesInd00
IRS990/ForeignFinancialAccountInd00
IRS990/ForeignOfficeInd00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt02.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt11.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt21.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt31.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt41.00
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd0X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd1X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd2X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd3X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd4X
IRS990/Form990PartVIISectionAGrp/OfficerInd0X
IRS990/Form990PartVIISectionAGrp/OfficerInd1X
IRS990/Form990PartVIISectionAGrp/OfficerInd2X
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt00
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt10
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt20
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt30
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt40
IRS990/Form990PartVIISectionAGrp/PersonNm0RUDD SCHULTZE
IRS990/Form990PartVIISectionAGrp/PersonNm1JAMES MCFALL
IRS990/Form990PartVIISectionAGrp/PersonNm2CHARLES DUBE
IRS990/Form990PartVIISectionAGrp/PersonNm3DARYL CLEWORTH
IRS990/Form990PartVIISectionAGrp/PersonNm4MACKIE GARRETT
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt02700
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt12250
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt22250
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt31800
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt41800
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt40
IRS990/Form990PartVIISectionAGrp/TitleTxt0PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt1VICE PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt2SEC/TREAS
IRS990/Form990PartVIISectionAGrp/TitleTxt3BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt4BOARD MEMBER
IRS990/Form990ProvidedToGvrnBodyInd01
IRS990/FormationYr01972
IRS990/FormerOfcrEmployeesListedInd00
IRS990/FSAuditedBasisGrp/SeparateBasisFinclStmtInd0X
IRS990/FSAuditedInd01
IRS990/FundraisingActivitiesInd00
IRS990/GamingActivitiesInd00
IRS990/GoverningBodyVotingMembersCnt05
IRS990/GrantsToIndividualsInd00
IRS990/GrantsToOrganizationsInd00
IRS990/GrantToRelatedPersonInd00
IRS990/GrossReceiptsAmt01968581
IRS990/GroupReturnForAffiliatesInd00
IRS990/IncludeFIN48FootnoteInd00
IRS990/IndependentAuditFinclStmtInd01
IRS990/IndependentVotingMemberCnt05
IRS990/IndivRcvdGreaterThan100KCnt00
IRS990/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InsuranceGrp/ProgramServicesAmt0133901
IRS990/InsuranceGrp/TotalAmt0133901
IRS990/InterestGrp/ProgramServicesAmt079090
IRS990/InterestGrp/TotalAmt079090
IRS990/InvestmentIncomeGrp/ExclusionAmt0895
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt0895
IRS990/InvestmentInJointVentureInd00
IRS990/IRPDocumentCnt08
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt02825348
IRS990/LandBldgEquipBasisNetGrp/BOYAmt08920750
IRS990/LandBldgEquipBasisNetGrp/EOYAmt08793239
IRS990/LandBldgEquipCostOrOtherBssAmt011618587
IRS990/LegalDomicileStateCd0AL
IRS990/LoanOutstandingInd00
IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembersAndShrGrossIncomeAmt01967686
IRS990/MembersOrStockholdersInd01
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd00
IRS990/MinutesOfGoverningBodyInd01
IRS990/MissionDesc0TO PROVIDE WATER SERVICE TO THE COMMUNITY OF BELFOREST, BALDWIN CO., AL.
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/MortgNotesPyblScrdInvstPropGrp/BOYAmt02082579
IRS990/MortgNotesPyblScrdInvstPropGrp/EOYAmt01853584
IRS990/NetAssetsOrFundBalancesBOYAmt08523048
IRS990/NetAssetsOrFundBalancesEOYAmt09144812
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NondeductibleContributionsInd00
IRS990/OfficeExpensesGrp/ProgramServicesAmt068101
IRS990/OfficeExpensesGrp/TotalAmt068101
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501cInd0X
IRS990/OrganizationFollowsSFAS117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt0207192
IRS990/OtherAssetsTotalGrp/EOYAmt014133
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherExpensesGrp/Desc0REPAIRS AND MAINTENANCE
IRS990/OtherExpensesGrp/Desc1METERS
IRS990/OtherExpensesGrp/Desc2UTILITIES
IRS990/OtherExpensesGrp/Desc3CHEMICALS & WATER TESTI
IRS990/OtherExpensesGrp/ProgramServicesAmt0101783
IRS990/OtherExpensesGrp/ProgramServicesAmt181541
IRS990/OtherExpensesGrp/ProgramServicesAmt280867
IRS990/OtherExpensesGrp/ProgramServicesAmt338972
IRS990/OtherExpensesGrp/TotalAmt0101783
IRS990/OtherExpensesGrp/TotalAmt181541
IRS990/OtherExpensesGrp/TotalAmt280867
IRS990/OtherExpensesGrp/TotalAmt338972
IRS990/OtherLiabilitiesGrp/BOYAmt0148235
IRS990/OtherLiabilitiesGrp/EOYAmt0160455
IRS990/OtherRevenueMiscGrp/BusinessCd0221000
IRS990/OtherRevenueMiscGrp/BusinessCd1221000
IRS990/OtherRevenueMiscGrp/Desc0BP OIL SPILL CLAIM
IRS990/OtherRevenueMiscGrp/Desc1BALDWIN COUNTY REIMBUR
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt0179246
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt1161658
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt0179246
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt1161658
IRS990/OtherRevenueTotalAmt0340904
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt0286472
IRS990/OtherSalariesAndWagesGrp/TotalAmt0286472
IRS990/OtherSourcesGrossIncomeAmt0895
IRS990/PartialLiquidationInd00
IRS990/PayrollTaxesGrp/ProgramServicesAmt024386
IRS990/PayrollTaxesGrp/TotalAmt024386
IRS990/PensionPlanContributionsGrp/ProgramServicesAmt010045
IRS990/PensionPlanContributionsGrp/TotalAmt010045
IRS990/PoliticalCampaignActyInd00
IRS990/PrincipalOfficerNm0RUDD SCHULTZE
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0221000
IRS990/ProgramServiceRevenueGrp/BusinessCd1221000
IRS990/ProgramServiceRevenueGrp/BusinessCd2221000
IRS990/ProgramServiceRevenueGrp/BusinessCd3221000
IRS990/ProgramServiceRevenueGrp/Desc0WATER SALES
IRS990/ProgramServiceRevenueGrp/Desc1CONNECTION
IRS990/ProgramServiceRevenueGrp/Desc2LATE FEES AND PROCESSI
IRS990/ProgramServiceRevenueGrp/Desc3MISCELLANEOUS
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt01255633
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt1337106
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt222324
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt311719
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt01255633
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt1337106
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt222324
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt311719
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt00
IRS990/PYOtherExpensesAmt01007677
IRS990/PYOtherRevenueAmt00
IRS990/PYProgramServiceRevenueAmt01625773
IRS990/PYRevenuesLessExpensesAmt0297149
IRS990/PYSalariesCompEmpBnftPaidAmt0320947
IRS990/PYTotalExpensesAmt01328624
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt01625773
IRS990/ReconcilationRevenueExpnssAmt0621764
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd01
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt01967686
IRS990/ScheduleBRequiredInd00
IRS990ScheduleD/BuildingsGrp/BookValueAmt0259566
IRS990ScheduleD/BuildingsGrp/DepreciationAmt075745
IRS990ScheduleD/BuildingsGrp/InvestmentCostOrOtherBasisAmt0335311
IRS990ScheduleD/EquipmentGrp/BookValueAmt0220433
IRS990ScheduleD/EquipmentGrp/DepreciationAmt0689166
IRS990ScheduleD/EquipmentGrp/InvestmentCostOrOtherBasisAmt0909599
IRS990ScheduleD/ExpensesNotReportedAmt00
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt00
IRS990ScheduleD/ExpensesSubtotalAmt01346817
IRS990ScheduleD/LandGrp/BookValueAmt0119279
IRS990ScheduleD/LandGrp/InvestmentCostOrOtherBasisAmt0119279
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt08193961
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt02060437
IRS990ScheduleD/OtherLandBuildingsGrp/InvestmentCostOrOtherBasisAmt010254398
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt0160455
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0METER DEPOSITS
IRS990ScheduleD/RevenueNotReportedAmt00
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt00
IRS990ScheduleD/RevenueSubtotalAmt01968581
IRS990ScheduleD/TotalBookValueLandBuildingsAmt08793239
IRS990ScheduleD/TotalExpensesPerForm990Amt01346817
IRS990ScheduleD/TotalLiabilityAmt0160455
IRS990ScheduleD/TotalRevenuePerForm990Amt01968581
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt01968581
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt01346817
IRS990/ScheduleJRequiredInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE CUSTOMERS ARE CONSIDERED MEMBERS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1MEMBERS VOTE FOR VACANT BOARD OF DIRECTOR POSITIONS AT THE ANNUAL MEETING. EACH BOARD MEMBER SERVES A THREE YEAR TERM.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THERE ARE NO COMMITTEES.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THE BOARD OF DIRECTORS REVIEWED THE DRAFT OF THE 990 ALONG WITH ACCOUNTANT WHO PREPARED THE FORM.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4FINANCIAL STATEMENTS ARE FURNISHED TO CUSTOMERS AT THE ANNUAL MEETING AND UPON REQUEST.
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 8B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART VI, SECTION B, LINE 11
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PART VI, SECTION C, LINE 19
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/SubjectToProxyTaxInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TempOrPermanentEndowmentsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt010823206
IRS990/TotalAssetsEOYAmt011172712
IRS990/TotalAssetsGrp/BOYAmt010823206
IRS990/TotalAssetsGrp/EOYAmt011172712
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalEmployeeCnt07
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt00
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt01346817
IRS990/TotalFunctionalExpensesGrp/TotalAmt01346817
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt02300158
IRS990/TotalLiabilitiesEOYAmt02027900
IRS990/TotalLiabilitiesGrp/BOYAmt02300158
IRS990/TotalLiabilitiesGrp/EOYAmt02027900
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt08523048
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt09144812
IRS990/TotalOtherCompensationAmt00
IRS990/TotalProgramServiceExpensesAmt01346817
IRS990/TotalProgramServiceRevenueAmt01626782
IRS990/TotalReportableCompFromOrgAmt010800
IRS990/TotalRevenueGrp/ExclusionAmt0895
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt01967686
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt01968581
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt00
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt010823206
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt011172712
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd00
IRS990/UnrestrictedNetAssetsGrp/BOYAmt08523048
IRS990/UnrestrictedNetAssetsGrp/EOYAmt09144812
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt09080 COUNTY ROAD 64
IRS990/USAddress/CityNm0DAPHNE
IRS990/USAddress/StateAbbreviationCd0AL
IRS990/USAddress/ZIPCd036526
IRS990/VotingMembersGoverningBodyCnt05
IRS990/VotingMembersIndependentCnt05
IRS990/WebsiteAddressTxt0N/A
IRS990/WhistleblowerPolicyInd00
ReturnHeader/BuildTS02016-09-27 15:27:22Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0RUDD SCHULTZE
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT
ReturnHeader/BusinessOfficerGrp/PhoneNum02516265554
ReturnHeader/BusinessOfficerGrp/SignatureDt02016-03-11
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0BELFOREST WATER SYSTEM INC
ReturnHeader/Filer/BusinessNameControlTxt0BELF
ReturnHeader/Filer/EIN0630649171
ReturnHeader/Filer/PhoneNum02516265554
ReturnHeader/Filer/USAddress/AddressLine1Txt0PO BOX 125
ReturnHeader/Filer/USAddress/CityNm0DAPHNE
ReturnHeader/Filer/USAddress/StateAbbreviationCd0AL
ReturnHeader/Filer/USAddress/ZIPCd036526
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0630588313
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0JOHNSON SLAUGHTER DRIVER & NORTHCUTT PA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0PO BOX 489
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0FOLEY
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0AL
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd0365360489
ReturnHeader/PreparerPersonGrp/PhoneNum02519431565
ReturnHeader/PreparerPersonGrp/PreparationDt02016-03-26
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0CARL E JOHNSON CPA
ReturnHeader/ReturnTs02016-03-29T17:49:36-05:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02015-01-01
ReturnHeader/TaxPeriodEndDt02015-12-31
ReturnHeader/TaxYr02015

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2015 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$11,172,712
Liabilities
$2,027,900
Net assets
$9,144,812
Revenue
$1,968,581
Expenses
$1,346,817
Net income
$621,764
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$30.4$11.1$19.2$5.08$3.36$1.72
2023Detailed filing. Detailed filing data is available for this year.$26.0$7.87$18.1$4.06$2.27$1.79
2022Detailed filing. Detailed filing data is available for this year.$19.1$2.78$16.3$3.62$2.32$1.30
2021Detailed filing. Detailed filing data is available for this year.$16.7$1.43$15.3$3.58$2.25$1.33
2020Detailed filing. Detailed filing data is available for this year.$14.9$0.93$14.0$3.59$2.12$1.47
2019Detailed filing. Detailed filing data is available for this year.$13.9$1.38$12.5$3.27$2.13$1.14
2018Detailed filing. Detailed filing data is available for this year.$13.2$1.90$11.4$2.40$1.64$0.76
2017Detailed filing. Detailed filing data is available for this year.$12.9$2.30$10.6$2.12$1.51$0.61
2016Detailed filing. Detailed filing data is available for this year.$11.8$1.78$9.98$2.27$1.44$0.83
2015Detailed filing. Detailed filing data is available for this year.$11.2$2.03$9.14$1.97$1.35$0.62
2014Detailed filing. Detailed filing data is available for this year.$10.8$2.30$8.52$1.63$1.33$0.30
2013Detailed filing. Detailed filing data is available for this year.$10.7$2.48$8.23$1.72$1.16$0.56
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$8.46$0.79$7.67$1.04
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$6.55$0.66$5.90$0.91
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$6.08$0.69$5.38$0.79