Civic Intelligence

Crossroads Water Association Inc

EIN 64-0468045 • 501(c)12 • Calhoun City, MS

Profile

Community water association

P O Box 1232Calhoun City, MS 38916
Siviq Scores

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

Liabilities / Assets

47th percentile

0.18x

Higher debt load relative to assets than 47% of similar nonprofits.

501(c)12 • $1M-$5M nonprofits • Source year 2023

Liabilities / Revenue

64th percentile

1.25x

Higher debt load relative to revenue than 64% of similar nonprofits.

501(c)12 • $1M-$5M nonprofits • Source year 2023

Net Margin

33rd percentile

-0.7%

Higher net margin than 33% of similar nonprofits.

501(c)12 • $1M-$5M nonprofits • Source year 2023

Top Officer Pay

Score unavailable

No value available

No filing with officer rows is available for this organization yet.

Asset Growth

31st percentile

-1.6%

Faster asset growth than 31% of similar nonprofits.

501(c)12 • $1M-$5M nonprofits • Annualized from 2022 to 2023

Revenue Growth

15th percentile

-5.6%

Faster revenue growth than 15% of similar nonprofits.

501(c)12 • $1M-$5M nonprofits • Annualized from 2022 to 2023

Assets

Down

$1,126,172

Down $14,394 (-1.3%) from 2023

Liabilities

Down

$186,032

Down $17,891 (-8.8%) from 2023

Net Assets

Up

$940,140

Up $3,497 (+0.4%) from 2023

Revenue

Up

$178,205

Up $14,863 (+9.1%) from 2023

Expenses

Up

$173,483

Up $8,969 (+5.5%) from 2023

Net Income

Up

$4,722

Up $5,894 (+503%) from 2023

Trend Graphs

Balance Sheet Trend

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

$1.5M$1.0M$500K$0Assets 2011: $1,022,639Liabilities 2011: $275,023Net Assets 2011: $747,6152011Assets 2012: $1,032,935Liabilities 2012: $259,524Net Assets 2012: $773,4102012Assets 2013: $1,053,111Liabilities 2013: $243,148Net Assets 2013: $809,9622013Assets 2014: $1,072,711Liabilities 2014: $225,833Net Assets 2014: $846,8772014Assets 2015: $1,065,071Liabilities 2015: $209,190Net Assets 2015: $855,8812015Assets 2016: $1,071,227Liabilities 2016: $191,664Net Assets 2016: $879,5622016Assets 2017: $1,068,594Liabilities 2017: $173,211Net Assets 2017: $895,3832017Assets 2018: $1,051,050Liabilities 2018: $153,780Net Assets 2018: $897,2692018Assets 2019: $1,045,601Liabilities 2019: $266,777Net Assets 2019: $778,8242019Assets 2020: $1,047,183Liabilities 2020: $252,280Net Assets 2020: $794,9032020Assets 2021: $1,164,155Liabilities 2021: $241,614Net Assets 2021: $922,5412021Assets 2022: $1,158,712Liabilities 2022: $220,897Net Assets 2022: $937,8152022Assets 2023: $1,140,566Liabilities 2023: $203,923Net Assets 2023: $936,6432023Assets 2024: $1,126,172Liabilities 2024: $186,032Net Assets 2024: $940,1402024

Highlighted filing

2024

Assets$1,126,172
Liabilities$186,032
Net Assets$940,140

Operations Trend

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

$300K$200K$100K$0-$100KRevenue 2011: $161,993Expenses 2011: $146,911Net Income 2011: $15,0822011Revenue 2012: $164,088Expenses 2012: $138,292Net Income 2012: $25,7962012Revenue 2013: $163,067Expenses 2013: $126,515Net Income 2013: $36,5522013Revenue 2014: $165,216Expenses 2014: $128,301Net Income 2014: $36,9152014Revenue 2015: $165,733Expenses 2015: $156,729Net Income 2015: $9,0042015Revenue 2016: $187,143Expenses 2016: $163,461Net Income 2016: $23,6822016Revenue 2017: $180,987Expenses 2017: $165,167Net Income 2017: $15,8202017Revenue 2018: $183,699Expenses 2018: $181,750Net Income 2018: $1,9492018Revenue 2019: $176,167Expenses 2019: $163,428Net Income 2019: $12,7392019Revenue 2020: $174,767Expenses 2020: $158,688Net Income 2020: $16,0792020Revenue 2021: $283,498Expenses 2021: $155,860Net Income 2021: $127,6382021Revenue 2022: $172,972Expenses 2022: $157,698Net Income 2022: $15,2742022Revenue 2023: $163,342Expenses 2023: $164,514Net Income 2023: -$1,1722023Revenue 2024: $178,205Expenses 2024: $173,483Net Income 2024: $4,7222024

Highlighted filing

2024

Revenue$178,205
Expenses$173,483
Net Income$4,722

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$1.13$0.19$0.94$0.18$0.17$0.00
2023Detailed filing. Detailed filing data is available for this year.$1.14$0.20$0.94$0.16$0.16$0.00
2022Detailed filing. Detailed filing data is available for this year.$1.16$0.22$0.94$0.17$0.16$0.02
2021Detailed filing. Detailed filing data is available for this year.$1.16$0.24$0.92$0.28$0.16$0.13
2020Detailed filing. Detailed filing data is available for this year.$1.05$0.25$0.79$0.17$0.16$0.02
2019Detailed filing. Detailed filing data is available for this year.$1.05$0.27$0.78$0.18$0.16$0.01
2018Summary only. Only limited summary data is available for this year.$1.05$0.15$0.90$0.18$0.18$0.00
2017Summary only. Only limited summary data is available for this year.$1.07$0.17$0.90$0.18$0.17$0.02
2016Summary only. Only limited summary data is available for this year.$1.07$0.19$0.88$0.19$0.16$0.02
2015Summary only. Only limited summary data is available for this year.$1.07$0.21$0.86$0.17$0.16$0.01
2014Summary only. Only limited summary data is available for this year.$1.07$0.23$0.85$0.17$0.13$0.04
2013Summary only. Only limited summary data is available for this year.$1.05$0.24$0.81$0.16$0.13$0.04
2012Summary only. Only limited summary data is available for this year.$1.03$0.26$0.77$0.16$0.14$0.03
2011Summary only. Only limited summary data is available for this year.$1.02$0.28$0.75$0.16$0.15$0.02
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
May 13, 2025
Return Version
2024v5.0
Gross Receipts
$178,205
Mission and Program Overview

Mission

Community water association

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$530,843$495,379▼ $35,464
Cash and Non-Interest-Bearing Accounts$397,606$418,398▲ $20,792
Savings and Temporary Cash Investments$190,053$190,310▲ $257
Accounts Receivable$21,994$22,015▲ $21
Total Assets$1,140,566$1,126,172▼ $14,394
Other Assets Total$70$70→ $0
Liabilities
Mortgage Notes Payable Secured by Investment Property$203,923$186,032▼ $17,891
Accounts Payable and Accrued Expenses$1,225--
Total Liabilities$205,148$186,032▼ $19,116
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$935,418$940,140▲ $4,722
Total Net Assets Fund Balance$935,418$940,140▲ $4,722
Total Liabilities and Net Assets / Fund Balance$1,140,566$1,126,172▼ $14,394

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$490,552$1,279,300$1,769,852
Buildings$3,327-$3,327
Land$1,500-$1,500
Compensation and Service Providers

Board Members and Trustees

NameTitle
Joe E EdmondsonPresident
Chris KeenumDirector
Jess MooreDirector
Robert DoolittleSecretary/tr
Mike WadeVice Preside
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$177,302
Investment Income
$903
Other Revenue
$0
Change in Net Assets
$4,722
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$173,483
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Depreciation Depletion---$35,463
Occupancy---$23,496
All Other Expenses---$16,052
Fees for Services Accounting---$15,616
Interest---$9,397
Insurance---$7,113
Other Expenses---$7,020
Office Expenses---$2,694
Total Functional Expenses$0$0$0$173,483
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
No
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, Page 6, Part VI, Line 7A

All members of the association have the right to vote on election of governing body.

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

Form 990 is availabe to all members of governing body upon request. Form 990 will be reviewed by officer before return is filed.

Form 990, Page 6, Part VI, Line 18

All governing documents, conflict of interest policy and financial statement are available to the public upon request.

Form 990, Page 6, Part VI, Line 19

No documents available to the public

Filing and Contact Details

Filer

Filer Name
Crossroads Water Association Inc
EIN
64-0468045
Phone
6626285331
Address
P O BOX 1232, CALHOUN CITY, MS 38916

Signing Officer

Name
Joe E Edmondson
Title
President
Phone
6626285331
Signed
2025-05-13
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Joe E Edmondson
Formed
1966
Legal Domicile
Ms
Voting Board Members
4
Independent Board Members
4
Employees
0

Preparer

Firm
Watkins Ward and Stafford Pllc
Address
130 PUBLIC SQUARE, CALHOUN CITY, MS 38916
Preparer
Margaret H Black CPA
Phone
6622309180
Raw XML Appendix269 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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ReturnHeader/PreparerPersonGrp/PreparationDt02025-05-13
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0MARGARET H BLACK CPA
ReturnHeader/ReturnTs02025-05-13T14:19:44-04:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02024-01-01
ReturnHeader/TaxPeriodEndDt02024-12-31
ReturnHeader/TaxYr02024

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