Civic Intelligence

Clara Water Association

990 • Fiscal year 2020 • EIN 64-0467281

Oct 01, 2019 to Sep 30, 2020 • Filed on Apr 28, 2021

PO Box 134Clara, MS 39324-0134

(601) 735-2428

Siviq Scores

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

Liabilities / Assets

94th percentile

0.73x

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

2020 filings • 501(c)12 • $1M-$5M nonprofits • Source year 2020

Liabilities / Revenue

78th percentile

2.75x

Higher debt load relative to revenue than 78% of similar nonprofits.

2020 filings • 501(c)12 • $1M-$5M nonprofits • Source year 2020

Net Margin

47th percentile

5.1%

Higher net margin than 47% of similar nonprofits.

2020 filings • 501(c)12 • $1M-$5M nonprofits • Source year 2020

Top Officer Pay

66th percentile

$520

Higher top officer pay than 66% of similar nonprofits.

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

2020 filings • 501(c)12 • $1M-$5M nonprofits • Source year 2020

Asset Growth

82nd percentile

7.2%

Faster asset growth than 82% of similar nonprofits.

2020 filings • 501(c)12 • $1M-$5M nonprofits • Annualized from 2019 to 2020

Revenue Growth

76th percentile

11%

Faster revenue growth than 76% of similar nonprofits.

2020 filings • 501(c)12 • $1M-$5M nonprofits • Annualized from 2019 to 2020

Assets

Up

$1,414,155

Up $94,425 (+7.2%) from 2019

Net Assets

Up

$377,504

Up $18,846 (+5.3%) from 2019

Liabilities

Up

$1,036,651

Up $75,579 (+7.9%) from 2019

Revenue

Up

$377,119

Up $38,043 (+11%) from 2019

Expenses

Down

$357,853

Down $22,563 (-5.9%) from 2019

Net Income

Up

$19,266

Up $60,606 (+147%) from 2019

Historical Trend

Balance Sheet Trend

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

$6.0M$4.0M$2.0M$0Assets 2011: $1,811,221Liabilities 2011: $1,244,511Net Assets 2011: $566,7102011Assets 2012: $1,622,315Liabilities 2012: $1,085,796Net Assets 2012: $536,5192012Assets 2013: $1,545,643Liabilities 2013: $1,067,665Net Assets 2013: $477,9782013Assets 2014: $1,478,790Liabilities 2014: $1,055,572Net Assets 2014: $423,2182014Assets 2015: $1,469,352Liabilities 2015: $1,036,123Net Assets 2015: $433,2292015Assets 2016: $1,453,937Liabilities 2016: $1,020,825Net Assets 2016: $433,1122016Assets 2017: $1,439,940Liabilities 2017: $1,005,910Net Assets 2017: $434,0302017Assets 2018: $1,372,905Liabilities 2018: $985,217Net Assets 2018: $387,6882018Assets 2019: $1,319,730Liabilities 2019: $961,072Net Assets 2019: $358,6582019Assets 2020: $1,414,155Liabilities 2020: $1,036,651Net Assets 2020: $377,5042020Assets 2021: $2,349,758Liabilities 2021: $1,994,501Net Assets 2021: $355,2572021Assets 2022: $2,401,485Liabilities 2022: $2,035,279Net Assets 2022: $366,2062022Assets 2023: $2,381,799Liabilities 2023: $1,973,893Net Assets 2023: $407,9062023Assets 2024: $2,424,780Liabilities 2024: $1,919,990Net Assets 2024: $504,7902024Assets 2025: $4,347,389Liabilities 2025: $1,852,613Net Assets 2025: $2,494,7762025

Highlighted filing

2020

Assets$1,414,155
Liabilities$1,036,651
Net Assets$377,504

Operations Trend

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

$3.0M$2.0M$1.0M$0-$1.0MRevenue 2011: $287,801Expenses 2011: $257,143Net Income 2011: $30,6582011Revenue 2012: $256,112Expenses 2012: $286,303Net Income 2012: -$30,1912012Revenue 2013: $250,348Expenses 2013: $308,889Net Income 2013: -$58,5412013Revenue 2014: $252,839Expenses 2014: $304,001Net Income 2014: -$51,1622014Revenue 2015: $305,956Expenses 2015: $295,942Net Income 2015: $10,0142015Revenue 2016: $306,428Expenses 2016: $304,992Net Income 2016: $1,4362016Revenue 2017: $323,140Expenses 2017: $331,049Net Income 2017: -$7,9092017Revenue 2018: $306,275Expenses 2018: $351,203Net Income 2018: -$44,9282018Revenue 2019: $339,076Expenses 2019: $380,416Net Income 2019: -$41,3402019Revenue 2020: $377,119Expenses 2020: $357,853Net Income 2020: $19,2662020Revenue 2021: $349,638Expenses 2021: $370,844Net Income 2021: -$21,2062021Revenue 2022: $416,564Expenses 2022: $406,117Net Income 2022: $10,4472022Revenue 2023: $460,105Expenses 2023: $417,902Net Income 2023: $42,2032023Revenue 2024: $546,485Expenses 2024: $449,601Net Income 2024: $96,8842024Revenue 2025: $2,476,209Expenses 2025: $486,073Net Income 2025: $1,990,1362025

Highlighted filing

2020

Revenue$377,119
Expenses$357,853
Net Income$19,266
Jump To
Filing Snapshot
Filing Period
Oct 1, 2019 to Sep 30, 2020
Signed
Apr 28, 2021
Return Version
2019v5.1
Gross Receipts
$377,119
Mission and Program Overview

Mission

Constructing, maintaining & operating a water system for citizens of clara community

Constructing, maintaining, operating a water system for clara community

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$830,579$802,184▼ $28,395
Savings and Temporary Cash Investments$318,023$386,439▲ $68,416
Cash and Non-Interest-Bearing Accounts$73,594$76,786▲ $3,192
Accounts Receivable$36,657$36,515▼ $142
Inventories for Sale or Use$31,204$31,950▲ $746
Investments in Publicly Traded Securities$23,824$18,954▼ $4,870
Prepaid Expenses and Deferred Charges$3,961$4,119▲ $158
Other Notes and Loans Receivable, Net$0$0→ $0
Pledges and Grants Receivable$0$0→ $0
Receivable From Disqualified Prsn$0$0→ $0
Receivables From Officers Etc$0$0→ $0
Investments Other Securities$0$0→ $0
Investments Program Related$0$0→ $0
Intangible Assets$0$0→ $0
Loans From Officers Directors$0$0→ $0
Total Assets$1,319,730$1,414,155▲ $94,425
Other Assets Total$1,888$57,208▲ $55,320
Liabilities
Mortgage Notes Payable Secured by Investment Property$925,123$1,005,057▲ $79,934
Other Liabilities$23,285$26,890▲ $3,605
Accounts Payable and Accrued Expenses$12,664$4,704▼ $7,960
Grants Payable$0$0→ $0
Unsecured Notes Loans Payable$0$0→ $0
Deferred Revenue$0$0→ $0
Escrow Account Liability$0$0→ $0
Tax Exempt Bond Liabilities$0$0→ $0
Total Liabilities$961,072$1,036,651▲ $75,579
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$358,658$377,504▲ $18,846
Net Assets With Donor Restrictions$0$0→ $0
Total Net Assets Fund Balance$358,658$377,504▲ $18,846
Total Liabilities and Net Assets / Fund Balance$1,319,730$1,414,155▲ $94,425

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$724,918$1,819,225$2,544,143
Buildings$35,482$22,049$57,531
Land$38,370-$38,370
Other Land Buildings$3,414$8,839$12,253
Compensation and Service Providers

Employees

NameTitleBaseTotal
Amanda ParkerPresident$520$520
David OverstreetDirector$480$480
Deloria BradleySec-treasurer$440$440
James BusbyDirector$440$440
Steve PittmanVice-president$440$440
Revenue and Support

Revenue Composition

Contributions and Grants
$26,966
Program Service Revenue
$348,287
Investment Income
$1,866
Other Revenue
$0
Change in Net Assets
$19,266
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$228,717
Salaries, Compensation, and Employee Benefits$129,136
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$117,046--$117,046
Depreciation Depletion$97,439--$97,439
Interest$35,606--$35,606
Fees for Services Accounting$14,868--$14,868
Insurance$12,583--$12,583
All Other Expenses$12,495--$12,495
Payroll Taxes$8,191--$8,191
Other Expenses$5,702--$5,702
Office Expenses$4,306--$4,306
Current Officers, Directors, Trustees, and Key Employees$2,320--$2,320
Other Employee Benefits$1,579--$1,579
Travel$795--$795
Advertising$257--$257
Total Functional Expenses$357,853$0$0$357,853
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Direct Expenses$0
Fundraising Gross Income$0
Gaming Direct Expenses$0
Gaming Gross Income$0
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Insider Transactions and Loans

Loans and Receivables

Line ItemBeginningEndChange
Loans from Officers, Directors, Trustees, and Key Employees$0$0→ $0
Receivables from Disqualified Persons$0$0→ $0
Receivables from Officers, Directors, Trustees, and Key Employees$0$0→ $0
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Meter Fees$26,890
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Audit committee
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
Yes
Conflict-of-interest policy
No
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No
Filing and Contact Details

Filer

Filer Name
Clara Water Association
EIN
64-0467281
In Care Of
% CLARA WATER ASSOCIATION
Phone
6017352428
Address
PO BOX 134, CLARA, MS 39324-0134

Signing Officer

Name
Amanda Parker
Title
President
Phone
6017352428
Signed
2021-04-28
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Amanda Parker
Formed
1965
Legal Domicile
Ms
Voting Board Members
5
Independent Board Members
5
Employees
4

Preparer

Firm
Rea Shaw Giffin & Stuart Llp
Address
611 SPRING STREET, Waynesboro, MS 39367
Preparer
Joyce C Graham
Phone
6017352317
Supplemental Narrative

Additional Explanations

Approval of Compensation for Key Employees

Key employees salaries are approved by the governing board.

Process of Review of 990

The governing body reviews the irs form 990 at its monthly meeting after 990 is prepared.

How Documents Are Available to the Public

Governing documents, financial statements and form 990 are made available upon request. Notice of the annual meeting is printed in the local newspaper.

Part XII Line 2C

The Board of Directors approves the selection of independent accountant.The Board President oversees the audit process.

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/PoliticalCampaignActyInd0false
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt03961
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt04119
IRS990/PrincipalOfficerNm0AMANDA PARKER
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgramServiceRevenueGrp/Desc0WATER & SALES REVENUE
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt0348287
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt0348287
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt01050
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt02219
IRS990/PymtTravelEntrtnmntPubOfclGrp/TotalAmt00
IRS990/PYOtherExpensesAmt0251524
IRS990/PYOtherRevenueAmt00
IRS990/PYProgramServiceRevenueAmt0335807
IRS990/PYRevenuesLessExpensesAmt0-41340
IRS990/PYSalariesCompEmpBnftPaidAmt0128892
IRS990/PYTotalExpensesAmt0380416
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt0339076
IRS990/RcvblFromDisqualifiedPrsnGrp/BOYAmt00
IRS990/RcvblFromDisqualifiedPrsnGrp/EOYAmt00
IRS990/ReceivablesFromOfficersEtcGrp/BOYAmt00
IRS990/ReceivablesFromOfficersEtcGrp/EOYAmt00
IRS990/ReconcilationRevenueExpnssAmt019266
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/RentalIncomeOrLossGrp/PersonalAmt00
IRS990/RentalIncomeOrLossGrp/RealAmt00
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0true
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RevenueAmt0377119
IRS990/RoyaltiesGrp/TotalAmt00
IRS990/RoyaltiesRevenueGrp/TotalRevenueColumnAmt00
IRS990/SavingsAndTempCashInvstGrp/BOYAmt0318023
IRS990/SavingsAndTempCashInvstGrp/EOYAmt0386439
IRS990/ScheduleBRequiredInd0false
IRS990ScheduleD/BuildingsGrp/BookValueAmt035482
IRS990ScheduleD/BuildingsGrp/DepreciationAmt022049
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt057531
IRS990ScheduleD/EquipmentGrp/BookValueAmt0724918
IRS990ScheduleD/EquipmentGrp/DepreciationAmt01819225
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt02544143
IRS990ScheduleD/FederalIncomeTaxLiabilityAmt00
IRS990ScheduleD/LandGrp/BookValueAmt038370
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt038370
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt03414
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt08839
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt012253
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt026890
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0METER FEES
IRS990ScheduleD/TotalBookValueLandBuildingsAmt0802184
IRS990ScheduleD/TotalLiabilityAmt026890
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0false
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0KEY EMPLOYEES SALARIES ARE APPROVED BY THE GOVERNING BOARD.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE GOVERNING BODY REVIEWS THE IRS FORM 990 AT ITS MONTHLY MEETING AFTER 990 IS PREPARED.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2GOVERNING DOCUMENTS, FINANCIAL STATEMENTS AND FORM 990 ARE MADE AVAILABLE UPON REQUEST. NOTICE OF THE ANNUAL MEETING IS PRINTED IN THE LOCAL NEWSPAPER.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3The Board of Directors approves the selection of independent accountant.The Board President oversees the audit process.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0APPROVAL OF COMPENSATION FOR KEY EMPLOYEES
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1PROCESS OF REVIEW OF 990
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2HOW DOCUMENTS ARE AVAILABLE TO THE PUBLIC
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Part XII Line 2c
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondLiabilitiesGrp/BOYAmt00
IRS990/TaxExemptBondLiabilitiesGrp/EOYAmt00
IRS990/TaxExemptBondsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt01319730
IRS990/TotalAssetsEOYAmt01414155
IRS990/TotalAssetsGrp/BOYAmt01319730
IRS990/TotalAssetsGrp/EOYAmt01414155
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalContributionsAmt026966
IRS990/TotalEmployeeCnt04
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0357853
IRS990/TotalFunctionalExpensesGrp/TotalAmt0357853
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt0961072
IRS990/TotalLiabilitiesEOYAmt01036651
IRS990/TotalLiabilitiesGrp/BOYAmt0961072
IRS990/TotalLiabilitiesGrp/EOYAmt01036651
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0358658
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0377504
IRS990/TotalOtherCompensationAmt00
IRS990/TotalProgramServiceExpensesAmt0357853
IRS990/TotalProgramServiceRevenueAmt0348287
IRS990/TotalReportableCompFromOrgAmt02320
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt0350153
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0377119
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt01319730
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt01414155
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TravelGrp/ProgramServicesAmt0795
IRS990/TravelGrp/TotalAmt0795
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/UnsecuredNotesLoansPayableGrp/BOYAmt00
IRS990/UnsecuredNotesLoansPayableGrp/EOYAmt00
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt0PO BOX 134
IRS990/USAddress/CityNm0CLARA
IRS990/USAddress/StateAbbreviationCd0MS
IRS990/USAddress/ZIPCd0393240134
IRS990/VotingMembersGoverningBodyCnt05
IRS990/VotingMembersIndependentCnt05
IRS990/WebsiteAddressTxt0N/A
IRS990/WhistleblowerPolicyInd0false
ReturnHeader/BuildTS02022-09-23 18:48:47Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0AMANDA PARKER
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT
ReturnHeader/BusinessOfficerGrp/PhoneNum06017352428
ReturnHeader/BusinessOfficerGrp/SignatureDt02021-04-28
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0CLARA WATER ASSOCIATION
ReturnHeader/Filer/BusinessNameControlTxt0CLAR
ReturnHeader/Filer/EIN0640467281
ReturnHeader/Filer/InCareOfNm0% CLARA WATER ASSOCIATION
ReturnHeader/Filer/PhoneNum06017352428
ReturnHeader/Filer/USAddress/AddressLine1Txt0PO BOX 134
ReturnHeader/Filer/USAddress/CityNm0CLARA
ReturnHeader/Filer/USAddress/StateAbbreviationCd0MS
ReturnHeader/Filer/USAddress/ZIPCd0393240134
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0REA SHAW GIFFIN & STUART LLP
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0611 SPRING STREET
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0Waynesboro
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0MS
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd039367
ReturnHeader/PreparerPersonGrp/PhoneNum06017352317
ReturnHeader/PreparerPersonGrp/PreparationDt02021-04-28
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0JOYCE C GRAHAM
ReturnHeader/ReturnTs02021-05-19T16:24:49-05:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02019-10-01
ReturnHeader/TaxPeriodEndDt02020-09-30
ReturnHeader/TaxYr02019

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.$4.35$1.85$2.49$2.48$0.49$1.99
2024Detailed filing. Detailed filing data is available for this year.$2.42$1.92$0.50$0.55$0.45$0.10
2023Detailed filing. Detailed filing data is available for this year.$2.38$1.97$0.41$0.46$0.42$0.04
2022Detailed filing. Detailed filing data is available for this year.$2.40$2.04$0.37$0.42$0.41$0.01
2021Detailed filing. Detailed filing data is available for this year.$2.35$1.99$0.36$0.35$0.37$0.02
2020Detailed filing. Detailed filing data is available for this year.$1.41$1.04$0.38$0.38$0.36$0.02
2019Detailed filing. Detailed filing data is available for this year.$1.32$0.96$0.36$0.34$0.38$0.04
2018Detailed filing. Detailed filing data is available for this year.$1.37$0.99$0.39$0.31$0.35$0.04
2017Detailed filing. Detailed filing data is available for this year.$1.44$1.01$0.43$0.32$0.33$0.01
2016Summary only. Only limited summary data is available for this year.$1.45$1.02$0.43$0.31$0.30$0.00
2015Summary only. Only limited summary data is available for this year.$1.47$1.04$0.43$0.31$0.30$0.01
2014Summary only. Only limited summary data is available for this year.$1.48$1.06$0.42$0.25$0.30$0.05
2013Summary only. Only limited summary data is available for this year.$1.55$1.07$0.48$0.25$0.31$0.06
2012Summary only. Only limited summary data is available for this year.$1.62$1.09$0.54$0.26$0.29$0.03
2011Summary only. Only limited summary data is available for this year.$1.81$1.24$0.57$0.29$0.26$0.03