Civic Intelligence

Anchor Water Association Inc

990 • Fiscal year 2016 • EIN 63-0716892

Sep 01, 2015 to Aug 31, 2016 • Filed on Jan 09, 2017

95 Cr 369Oxford, MS 38655-9549

(662) 513-6006

Siviq Scores

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

Liabilities / Assets

87th percentile

0.62x

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

2016 filings • 501(c)12 • $1M-$5M nonprofits • Source year 2016

Liabilities / Revenue

82nd percentile

3.40x

Higher debt load relative to revenue than 82% of similar nonprofits.

2016 filings • 501(c)12 • $1M-$5M nonprofits • Source year 2016

Net Margin

70th percentile

12%

Higher net margin than 70% of similar nonprofits.

2016 filings • 501(c)12 • $1M-$5M nonprofits • Source year 2016

Top Officer Pay

62nd percentile

$0

Higher top officer pay than 62% of similar nonprofits.

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

2016 filings • 501(c)12 • $1M-$5M nonprofits • Source year 2016

Asset Growth

55th percentile

0.4%

Faster asset growth than 55% of similar nonprofits.

2016 filings • 501(c)12 • $1M-$5M nonprofits • Annualized from 2015 to 2016

Revenue Growth

92nd percentile

31%

Faster revenue growth than 92% of similar nonprofits.

2016 filings • 501(c)12 • $1M-$5M nonprofits • Annualized from 2015 to 2016

Assets

Up

$1,645,479

Up $7,116 (+0.4%) from 2015

Net Assets

Up

$623,071

Up $37,169 (+6.3%) from 2015

Liabilities

Down

$1,022,408

Down $30,053 (-2.9%) from 2015

Revenue

Up

$300,628

Up $71,677 (+31%) from 2015

Expenses

Down

$263,459

Down $18,404 (-6.5%) from 2015

Net Income

Up

$37,169

Up $90,081 (+170%) from 2015

Historical Trend

Balance Sheet Trend

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

$2.0M$1.5M$1.0M$500K$0Assets 2010: $1,447,741Liabilities 2010: $692,275Net Assets 2010: $755,4662010Assets 2011: $1,386,013Liabilities 2011: $661,160Net Assets 2011: $724,8532011Assets 2012: $1,343,316Liabilities 2012: $630,815Net Assets 2012: $712,5012012Assets 2013: $1,311,513Liabilities 2013: $608,860Net Assets 2013: $702,6532013Assets 2014: $1,725,701Liabilities 2014: $1,086,887Net Assets 2014: $638,8142014Assets 2015: $1,638,363Liabilities 2015: $1,052,461Net Assets 2015: $585,9022015Assets 2016: $1,645,479Liabilities 2016: $1,022,408Net Assets 2016: $623,0712016Assets 2017: $1,563,109Liabilities 2017: $1,008,385Net Assets 2017: $554,7242017Assets 2018: $1,547,955Liabilities 2018: $995,488Net Assets 2018: $552,4672018Assets 2019: $1,497,297Liabilities 2019: $962,903Net Assets 2019: $534,3942019Assets 2020: $1,451,453Liabilities 2020: $948,135Net Assets 2020: $503,3182020Assets 2021: $1,406,941Liabilities 2021: $923,622Net Assets 2021: $483,3192021Assets 2022: $1,446,341Liabilities 2022: $993,003Net Assets 2022: $453,3382022Assets 2023: $1,428,009Liabilities 2023: $943,080Net Assets 2023: $484,9292023Assets 2024: $1,397,258Liabilities 2024: $891,479Net Assets 2024: $505,7792024Assets 2025: $1,329,565Liabilities 2025: $800,766Net Assets 2025: $528,7992025

Highlighted filing

2016

Assets$1,645,479
Liabilities$1,022,408
Net Assets$623,071

Operations Trend

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

$400K$300K$200K$100K$0-$100KExpenses 2010: $214,8132010Expenses 2011: $245,5922011Revenue 2012: $203,753Expenses 2012: $216,105Net Income 2012: -$12,3522012Revenue 2013: $214,826Expenses 2013: $224,674Net Income 2013: -$9,8482013Revenue 2014: $203,911Expenses 2014: $267,750Net Income 2014: -$63,8392014Revenue 2015: $228,951Expenses 2015: $281,863Net Income 2015: -$52,9122015Revenue 2016: $300,628Expenses 2016: $263,459Net Income 2016: $37,1692016Revenue 2017: $235,135Expenses 2017: $303,482Net Income 2017: -$68,3472017Revenue 2018: $270,565Expenses 2018: $272,822Net Income 2018: -$2,2572018Revenue 2019: $238,873Expenses 2019: $256,946Net Income 2019: -$18,0732019Revenue 2020: $258,593Expenses 2020: $289,669Net Income 2020: -$31,0762020Revenue 2021: $249,686Expenses 2021: $269,685Net Income 2021: -$19,9992021Revenue 2022: $253,523Expenses 2022: $283,504Net Income 2022: -$29,9812022Revenue 2023: $329,294Expenses 2023: $297,703Net Income 2023: $31,5912023Revenue 2024: $317,011Expenses 2024: $296,161Net Income 2024: $20,8502024Revenue 2025: $320,389Expenses 2025: $297,369Net Income 2025: $23,0202025

Highlighted filing

2016

Revenue$300,628
Expenses$263,459
Net Income$37,169
Jump To
Filing Snapshot
Filing Period
Sep 1, 2015 to Aug 31, 2016
Signed
Jan 9, 2017
Return Version
2015v3.0
Gross Receipts
$300,628
Mission and Program Overview

Mission

Operation of rural water system.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$1,475,010$1,397,479▼ $77,531
Rtn Earn Endowment Incm Other Fnds$585,902$623,071▲ $37,169
Savings and Temporary Cash Investments$119,492$203,494▲ $84,002
Accounts Receivable$43,651$44,216▲ $565
Cash and Non-Interest-Bearing Accounts$20$100▲ $80
Total Assets$1,638,363$1,645,479▲ $7,116
Other Assets Total$190$190→ $0
Liabilities
Unsecured Notes Loans Payable$1,026,492$1,004,097▼ $22,395
Other Liabilities$20,801$16,787▼ $4,014
Accounts Payable and Accrued Expenses$5,168$1,524▼ $3,644
Total Liabilities$1,052,461$1,022,408▼ $30,053
Net Assets / Fund Balance
Total Net Assets Fund Balance$585,902$623,071▲ $37,169
Total Liabilities and Net Assets / Fund Balance$1,638,363$1,645,479▲ $7,116

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$1,361,845$1,297,620$2,659,465
Buildings$33,134$15,181$48,315
Land$2,500-$2,500
Compensation and Service Providers

Board Members and Trustees

NameTitle
Robert BishopPresident
Jim WhiteDirector
Mike BlackDirector
Stephen ThweattDirector
Chris LeeSecretary/tr
Wil HowieSecretary/tr
Bill McgregorVice-preside
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$210,410
Investment Income
$284
Other Revenue
$89,934
Change in Net Assets
$37,169
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$229,792
Salaries, Compensation, and Employee Benefits$33,667
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Depreciation Depletion---$77,531
Interest---$39,621
Fees for Services Other---$32,198
Other Salaries and Wages---$27,044
Occupancy---$19,913
Office Expenses---$10,658
Fees for Services Accounting---$9,303
Payroll Taxes---$6,623
Insurance---$4,850
Travel---$1,077
Other Expenses---$351
Fees for Services Legal---$239
Total Functional Expenses$0$0$0$263,459
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
Membership Fee$11,920
Membership Deposits$4,867
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Backup withholding compliance
Yes
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, Page 6, Part VI, Line 6

Every person who is a record owner of a fee or undivided fee interest, or having a substantial possessory interest, in a property served by the water system may become of a member of the corporation upon signing such applications and agreements for the purchase of water as may be provided and required by the corporation and upon the payment of such connection fee as may be imposed by the board of directors provided that only one membership at a time may be held for each property served.

Form 990, Page 6, Part VI, Line 7A

Each membership interest in the corporation represents one vote. Directors of the corporation are elected at the annual meeting of the members. The board of directors, subject to the restrictions of law, the articles of incorporation, and the corporation's bylaws, has full power and authority to make all decisions with respect to the business of the corporation. The bylaws may be repealed or amended by a vote of the majority of the members present at any regular meeting of the corporation, or at any special meeting called for that purpose.

Form 990, Page 6, Part VI, Line 11B

Prior to filing form 990, each member of the board of directors is provided a completed copy of form 990 for review and approval.

Form 990, Page 6, Part VI, Line 19

The corporation makes financial statements available at its annual meeting and upon request. The corporation also makes available upon request of inspection at its business office the following information: (i) bylaws of the corporation; (ii) a copy of the policies and procedures of the corporation; (iii) tax returns; and (iv) amendments to the corporation's bylaws.

Filing and Contact Details

Filer

Filer Name
Anchor Water Association Inc
EIN
63-0716892
Address
95 CR 369, OXFORD, MS 38655-9549

Signing Officer

Name
Robert Bishop
Title
President
Phone
6625136006
Signed
2017-01-09
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Robert Bishop
Formed
1965
Legal Domicile
Ms
Voting Board Members
5
Independent Board Members
5
Employees
1

Preparer

Firm
Swetland Cook Pllc
Address
2409 S LAMAR BLVD, OXFORD, MS 38655-5348
Preparer
Melissa a Swetland CPA
Phone
6622361711
Supplemental Narrative

Additional Explanations

Form 990, Part IX, Line 11G

Contract labor 29,105 0 0 professional fees 3,093 0 0

Raw XML Appendix321 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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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0EVERY PERSON WHO IS A RECORD OWNER OF A FEE OR UNDIVIDED FEE INTEREST, OR HAVING A SUBSTANTIAL POSSESSORY INTEREST, IN A PROPERTY SERVED BY THE WATER SYSTEM MAY BECOME OF A MEMBER OF THE CORPORATION UPON SIGNING SUCH APPLICATIONS AND AGREEMENTS FOR THE PURCHASE OF WATER AS MAY BE PROVIDED AND REQUIRED BY THE CORPORATION AND UPON THE PAYMENT OF SUCH CONNECTION FEE AS MAY BE IMPOSED BY THE BOARD OF DIRECTORS PROVIDED THAT ONLY ONE MEMBERSHIP AT A TIME MAY BE HELD FOR EACH PROPERTY SERVED.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1EACH MEMBERSHIP INTEREST IN THE CORPORATION REPRESENTS ONE VOTE. DIRECTORS OF THE CORPORATION ARE ELECTED AT THE ANNUAL MEETING OF THE MEMBERS. THE BOARD OF DIRECTORS, SUBJECT TO THE RESTRICTIONS OF LAW, THE ARTICLES OF INCORPORATION, AND THE CORPORATION'S BYLAWS, HAS FULL POWER AND AUTHORITY TO MAKE ALL DECISIONS WITH RESPECT TO THE BUSINESS OF THE CORPORATION. THE BYLAWS MAY BE REPEALED OR AMENDED BY A VOTE OF THE MAJORITY OF THE MEMBERS PRESENT AT ANY REGULAR MEETING OF THE CORPORATION, OR AT ANY SPECIAL MEETING CALLED FOR THAT PURPOSE.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2PRIOR TO FILING FORM 990, EACH MEMBER OF THE BOARD OF DIRECTORS IS PROVIDED A COMPLETED COPY OF FORM 990 FOR REVIEW AND APPROVAL.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THE CORPORATION MAKES FINANCIAL STATEMENTS AVAILABLE AT ITS ANNUAL MEETING AND UPON REQUEST. THE CORPORATION ALSO MAKES AVAILABLE UPON REQUEST OF INSPECTION AT ITS BUSINESS OFFICE THE FOLLOWING INFORMATION: (I) BYLAWS OF THE CORPORATION; (II) A COPY OF THE POLICIES AND PROCEDURES OF THE CORPORATION; (III) TAX RETURNS; AND (IV) AMENDMENTS TO THE CORPORATION'S BYLAWS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4CONTRACT LABOR 29,105 0 0 PROFESSIONAL FEES 3,093 0 0
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PAGE 6, PART VI, LINE 6
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PAGE 6, PART VI, LINE 7A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PAGE 6, PART VI, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PAGE 6, PART VI, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PART IX, LINE 11G
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/SubjectToProxyTaxInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TempOrPermanentEndowmentsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt01638363
IRS990/TotalAssetsEOYAmt01645479
IRS990/TotalAssetsGrp/BOYAmt01638363
IRS990/TotalAssetsGrp/EOYAmt01645479
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalEmployeeCnt01
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt00
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt00
IRS990/TotalFunctionalExpensesGrp/TotalAmt0263459
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt01052461
IRS990/TotalLiabilitiesEOYAmt01022408
IRS990/TotalLiabilitiesGrp/BOYAmt01052461
IRS990/TotalLiabilitiesGrp/EOYAmt01022408
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0585902
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0623071
IRS990/TotalProgramServiceRevenueAmt0210410
IRS990/TotalRevenueGrp/ExclusionAmt0284
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt0300344
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0300628
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt01638363
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt01645479
IRS990/TravelGrp/TotalAmt01077
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/UnsecuredNotesLoansPayableGrp/BOYAmt01026492
IRS990/UnsecuredNotesLoansPayableGrp/EOYAmt01004097
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt0387 CR 371
IRS990/USAddress/CityNm0WATER VALLEY
IRS990/USAddress/StateAbbreviationCd0MS
IRS990/USAddress/ZIPCd038965
IRS990/VotingMembersGoverningBodyCnt05
IRS990/VotingMembersIndependentCnt05
IRS990/WhistleblowerPolicyInd0false
ReturnHeader/BuildTS02017-02-10 21:41:12Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0ROBERT BISHOP
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT
ReturnHeader/BusinessOfficerGrp/PhoneNum06625136006
ReturnHeader/BusinessOfficerGrp/SignatureDt02017-01-09
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0ANCHOR WATER ASSOCIATION INC
ReturnHeader/Filer/BusinessNameControlTxt0ANCH
ReturnHeader/Filer/EIN0630716892
ReturnHeader/Filer/USAddress/AddressLine1Txt095 CR 369
ReturnHeader/Filer/USAddress/CityNm0OXFORD
ReturnHeader/Filer/USAddress/StateAbbreviationCd0MS
ReturnHeader/Filer/USAddress/ZIPCd0386559549
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0455198060
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0SWETLAND COOK PLLC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt02409 S LAMAR BLVD
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0OXFORD
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0MS
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd0386555348
ReturnHeader/PreparerPersonGrp/PhoneNum06622361711
ReturnHeader/PreparerPersonGrp/PreparationDt02017-01-09
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0MELISSA A SWETLAND CPA
ReturnHeader/PreparerPersonGrp/SelfEmployedInd0X
ReturnHeader/ReturnTs02017-01-13T14:24:57-06:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02015-09-01
ReturnHeader/TaxPeriodEndDt02016-08-31
ReturnHeader/TaxYr02015

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Detailed filing. Detailed filing data is available for this year.$1.33$0.80$0.53$0.32$0.30$0.02
2024Detailed filing. Detailed filing data is available for this year.$1.40$0.89$0.51$0.32$0.30$0.02
2023Detailed filing. Detailed filing data is available for this year.$1.43$0.94$0.48$0.33$0.30$0.03
2022Detailed filing. Detailed filing data is available for this year.$1.45$0.99$0.45$0.25$0.28$0.03
2021Detailed filing. Detailed filing data is available for this year.$1.41$0.92$0.48$0.25$0.27$0.02
2020Detailed filing. Detailed filing data is available for this year.$1.45$0.95$0.50$0.26$0.29$0.03
2019Detailed filing. Detailed filing data is available for this year.$1.50$0.96$0.53$0.24$0.26$0.02
2018Detailed filing. Detailed filing data is available for this year.$1.55$1.00$0.55$0.27$0.27$0.00
2017Detailed filing. Detailed filing data is available for this year.$1.56$1.01$0.55$0.24$0.30$0.07
2016Detailed filing. Detailed filing data is available for this year.$1.65$1.02$0.62$0.30$0.26$0.04
2015Detailed filing. Detailed filing data is available for this year.$1.64$1.05$0.59$0.23$0.28$0.05
2014Detailed filing. Detailed filing data is available for this year.$1.73$1.09$0.64$0.20$0.27$0.06
2013Summary only. Only limited summary data is available for this year.$1.31$0.61$0.70$0.21$0.22$0.01
2012Summary only. Only limited summary data is available for this year.$1.34$0.63$0.71$0.20$0.22$0.01
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.39$0.66$0.72$0.25
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.45$0.69$0.76$0.21