Civic Intelligence

Hobson Water System a Corp

EIN 63-0677115 • 501(c)12 • Chatom, AL

Profile

Domestic water for rural residents

PO Box 1105Chatom, AL 36518
Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

87th percentile

0.54x

Higher debt load relative to assets than 87% of similar nonprofits.

501(c)12 • <$500k nonprofits • Source year 2025

Liabilities / Revenue

94th percentile

2.20x

Higher debt load relative to revenue than 94% of similar nonprofits.

501(c)12 • <$500k nonprofits • Source year 2025

Net Margin

36th percentile

-3.9%

Higher net margin than 36% of similar nonprofits.

501(c)12 • <$500k nonprofits • Source year 2025

Top Officer Pay

90th percentile

$7,800

Higher top officer pay than 90% of similar nonprofits.

Top officer pay equals 6.4% of source-year revenue.

501(c)12 • <$500k nonprofits • Source year 2025

Asset Growth

39th percentile

-4.0%

Faster asset growth than 39% of similar nonprofits.

501(c)12 • <$500k nonprofits • Annualized from 2024 to 2025

Revenue Growth

63rd percentile

7.1%

Faster revenue growth than 63% of similar nonprofits.

501(c)12 • <$500k nonprofits • Annualized from 2024 to 2025

Assets

Down

$494,874

Down $20,782 (-4.0%) from 2024

Liabilities

Down

$268,586

Down $13,938 (-4.9%) from 2024

Net Assets

Down

$226,288

Down $6,844 (-2.9%) from 2024

Revenue

Up

$122,007

Up $8,080 (+7.1%) from 2024

Expenses

Up

$126,739

Up $27,886 (+28%) from 2024

Net Income

Down

-$4,732

Down $19,806 (-131%) from 2024

Trend Graphs

Balance Sheet Trend

Grouped bars show assets, liabilities, and net assets across loaded filings.

$600K$400K$200K$0Assets 2011: $409,081Liabilities 2011: $363,216Net Assets 2011: $45,8652011Assets 2012: $388,006Liabilities 2012: $339,479Net Assets 2012: $48,5272012Assets 2013: $375,526Liabilities 2013: $336,719Net Assets 2013: $38,8072013Assets 2014: $360,043Liabilities 2014: $331,039Net Assets 2014: $29,0042014Assets 2015: $359,047Liabilities 2015: $326,395Net Assets 2015: $32,6522015Assets 2016: $380,419Liabilities 2016: $321,9862016Assets 2017: $398,803Liabilities 2017: $314,623Net Assets 2017: $84,1802017Assets 2018: $420,409Liabilities 2018: $310,0792018Assets 2019: $445,111Liabilities 2019: $292,4962019Assets 2020: $463,200Liabilities 2020: $299,302Net Assets 2020: $163,8982020Assets 2021: $483,723Liabilities 2021: $295,504Net Assets 2021: $188,2192021Assets 2022: $492,720Liabilities 2022: $290,751Net Assets 2022: $201,9692022Assets 2023: $507,713Liabilities 2023: $289,955Net Assets 2023: $217,7582023Assets 2024: $515,656Liabilities 2024: $282,524Net Assets 2024: $233,1322024Assets 2025: $494,874Liabilities 2025: $268,586Net Assets 2025: $226,2882025

Highlighted filing

2025

Assets$494,874
Liabilities$268,586
Net Assets$226,288

Operations Trend

Revenue, expenses, and net income by year, with the latest filing highlighted.

$150K$100K$50K$0-$50KRevenue 2011: $79,915Expenses 2011: $88,547Net Income 2011: -$8,6322011Expenses 2012: $79,1142012Expenses 2013: $80,1982013Revenue 2014: $77,074Expenses 2014: $87,177Net Income 2014: -$10,1032014Revenue 2015: $81,915Expenses 2015: $78,266Net Income 2015: $3,6492015Revenue 2016: $99,243Expenses 2016: $73,462Net Income 2016: $25,7812016Revenue 2017: $105,888Expenses 2017: $83,005Net Income 2017: $22,8832017Revenue 2018: $101,567Expenses 2018: $74,929Net Income 2018: $26,6382018Revenue 2019: $103,181Expenses 2019: $61,496Net Income 2019: $41,6852019Revenue 2020: $104,109Expenses 2020: $79,962Net Income 2020: $24,1472020Revenue 2021: $101,341Expenses 2021: $77,020Net Income 2021: $24,3212021Revenue 2022: $102,393Expenses 2022: $88,643Net Income 2022: $13,7502022Revenue 2023: $107,654Expenses 2023: $86,465Net Income 2023: $21,1892023Revenue 2024: $113,927Expenses 2024: $98,853Net Income 2024: $15,0742024Revenue 2025: $122,007Expenses 2025: $126,739Net Income 2025: -$4,7322025

Highlighted filing

2025

Revenue$122,007
Expenses$126,739
Net Income-$4,732

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$4.95$2.69$2.26$1.22$1.27$0.05
2024XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$5.16$2.83$2.33$1.14$0.99$0.15
2023Facts available. Structured filing facts are available, but richer extracted sections are limited.$5.08$2.90$2.18$1.08$0.86$0.21
2022XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$4.93$2.91$2.02$1.02$0.89$0.14
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$4.84$2.96$1.88$1.01$0.77$0.24
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$4.63$2.99$1.64$1.04$0.80$0.24
2019Summary only. Only limited summary data is available for this year.$4.45$2.92$1.03$0.61$0.42
2018Summary only. Only limited summary data is available for this year.$4.20$3.10$1.02$0.75$0.27
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$3.99$3.15$0.84$1.06$0.83$0.23
2016Summary only. Only limited summary data is available for this year.$3.80$3.22$0.99$0.73$0.26
2015Detailed filing. Detailed filing data is available for this year.$3.59$3.26$0.33$0.82$0.78$0.04
2014Detailed filing. Detailed filing data is available for this year.$3.60$3.31$0.29$0.77$0.87$0.10
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$3.76$3.37$0.39$0.80
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$3.88$3.39$0.49$0.79
2011Summary only. Only limited summary data is available for this year.$4.09$3.63$0.46$0.80$0.89$0.09
Latest Detailed Filing

The latest 2025 filing currently has linked XML that has not been fully parsed yet. Showing the latest detailed filing from 2023 below.

Jump To
Filing Snapshot
Filing Period
Jul 1, 2022 to Jun 30, 2023
Signed
Aug 3, 2023
Return Version
2022v5.0
Gross Receipts
$107,654
Mission and Program Overview

Mission

Domestic water for rural residents

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$233,041$224,364▼ $8,677
Rtn Earn Endowment Incm Other Fnds$201,970$217,758▲ $15,788
Savings and Temporary Cash Investments$139,467$139,474▲ $7
Cash and Non-Interest-Bearing Accounts$111,746$136,759▲ $25,013
Accounts Receivable$8,466$7,116▼ $1,350
Total Assets$492,720$507,713▲ $14,993
Liabilities
Grants Payable$280,482$280,314▼ $168
Accounts Payable and Accrued Expenses$10,268$9,641▼ $627
Total Liabilities$290,750$289,955▼ $795
Net Assets / Fund Balance
Total Net Assets Fund Balance$201,970$217,758▲ $15,788
Total Liabilities and Net Assets / Fund Balance$492,720$507,713▲ $14,993

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$209,363$270,276-
Land$15,001--
Compensation and Service Providers

Board Members and Trustees

NameTitle
Gordon SloatPresident
Lyle BeechVice President
Billy J OdomDirector
Gerald EverettDirector
Sandra L DeesSectreas
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$107,577
Investment Income
$7
Other Revenue
$70
Change in Net Assets
$21,189
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$78,969
Salaries, Compensation, and Employee Benefits$7,496
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Fees for Services Other$35,240--$35,240
Interest$12,163--$12,163
Depreciation Depletion$8,677--$8,677
Current Officers, Directors, Trustees, and Key Employees$6,900--$6,900
Insurance$3,638--$3,638
All Other Expenses$1,945--$1,945
Office Expenses$1,517--$1,517
Fees for Services Accounting$1,450--$1,450
Other Expenses$1,286--$1,286
Payroll Taxes$596--$596
Total Functional Expenses$86,465$0$0$86,465
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
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 governing body review Part VI line 11

The officers were presented the 990 and approved it.

Governing documents etc available to public Part VI line 19

Hobson water authority provides availability upon request

Filing and Contact Details

Filer

Filer Name
Hobson Water System a Corp
EIN
63-0677115
Address
PO BOX 1105, Chatom, AL 36518

Signing Officer

Name
Sandra Dees
Title
Sectreas
Phone
2517691148
Signed
2023-08-03
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Gordon Sloat
Formed
1971
Legal Domicile
Al
Voting Board Members
0
Independent Board Members
0
Employees
1

Preparer

Firm
Mwj Inc
Address
P O BOX 211, Chatom, AL 36518
Preparer
Jennifer Williams
Phone
2518472144
Supplemental Narrative

Additional Explanations

List of other fees for services expenses Part IX line 11G

Return check reimbursement $70

List of other expenses Part IX line 24E

Bad debt expense $229testing and lab fees $1716

Raw XML Appendix312 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
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ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/IdentityAssuranceLevelCd0IAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/OOBSecurityVerificationCd000
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/TrustedCustomerCd00
ReturnHeader/BuildTS02023-04-26 12:10:37Z
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ReturnHeader/BusinessOfficerGrp/SignatureDt02023-08-03
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0HOBSON WATER SYSTEM A CORP
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ReturnHeader/Filer/USAddress/AddressLine1Txt0PO BOX 1105
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ReturnHeader/PreparerPersonGrp/PreparationDt02023-08-28
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0JENNIFER WILLIAMS
ReturnHeader/ReturnTs02023-08-28T11:15:23-04:00
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ReturnHeader/TaxPeriodBeginDt02022-07-01
ReturnHeader/TaxPeriodEndDt02023-06-30
ReturnHeader/TaxYr02022

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