Civic Intelligence

Kipling Water Association

990 • Fiscal year 2023 • EIN 64-0536284

Jul 01, 2022 to Jun 30, 2023 • Filed on May 14, 2023

Organization Profile
Post Office Box 306Dekalb, MS 39328-0306

(601) 743-2498

Siviq Scores

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

Liabilities / Assets

65th percentile

0.36x

Higher debt load relative to assets than 65% of similar nonprofits.

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

Liabilities / Revenue

77th percentile

2.36x

Higher debt load relative to revenue than 77% of similar nonprofits.

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

Net Margin

16th percentile

-14%

Higher net margin than 16% of similar nonprofits.

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

Top Officer Pay

73rd percentile

$725

Higher top officer pay than 73% of similar nonprofits.

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

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

Asset Growth

25th percentile

-2.5%

Faster asset growth than 25% of similar nonprofits.

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

Revenue Growth

5th percentile

-27%

Faster revenue growth than 5% of similar nonprofits.

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

Balance Sheet
Liabilities / Assets65th percentile

Assets

Down

$4,070,245

Down $106,014 (-2.5%) from 2022

Net Assets

Down

$2,612,085

Down $84,010 (-3.1%) from 2022

Liabilities

Down

$1,458,160

Down $22,004 (-1.5%) from 2022

Revenue And Expenses
Liabilities / Revenue77th percentileNet Margin16th percentile

Revenue

Down

$618,753

Down $234,290 (-27%) from 2022

Expenses

Up

$703,444

Up $108,066 (+18%) from 2022

Net Income

Down

-$84,691

Down $342,356 (-133%) from 2022

Historical Trend

Balance Sheet Trend

Asset Growth25th percentile

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

$6.0M$4.0M$2.0M$0Assets 2011: $2,990,521Liabilities 2011: $1,678,452Net Assets 2011: $1,312,0692011Assets 2012: $4,414,803Liabilities 2012: $1,898,817Net Assets 2012: $2,515,9862012Assets 2013: $4,459,173Liabilities 2013: $1,725,979Net Assets 2013: $2,733,1942013Assets 2014: $4,454,444Liabilities 2014: $1,673,973Net Assets 2014: $2,780,4712014Assets 2015: $4,405,878Liabilities 2015: $1,633,784Net Assets 2015: $2,772,0942015Assets 2016: $4,349,087Liabilities 2016: $1,612,029Net Assets 2016: $2,737,0582016Assets 2017: $4,284,131Liabilities 2017: $1,576,934Net Assets 2017: $2,707,1972017Assets 2018: $4,221,032Liabilities 2018: $1,541,268Net Assets 2018: $2,679,7642018Assets 2019: $4,175,847Liabilities 2019: $1,483,022Net Assets 2019: $2,692,8252019Assets 2020: $4,136,287Liabilities 2020: $1,431,822Net Assets 2020: $2,704,4652020Assets 2021: $3,891,971Liabilities 2021: $1,454,081Net Assets 2021: $2,437,8902021Assets 2022: $4,176,259Liabilities 2022: $1,480,164Net Assets 2022: $2,696,0952022Assets 2023: $4,070,245Liabilities 2023: $1,458,160Net Assets 2023: $2,612,0852023

Highlighted filing

2023

Assets$4,070,245
Liabilities$1,458,160
Net Assets$2,612,085
Open 2023 Filing

Operations Trend

Revenue Growth5th percentile

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

$2.0M$1.5M$1.0M$500K$0-$500KRevenue 2011: $484,613Expenses 2011: $377,383Net Income 2011: $107,2302011Revenue 2012: $1,655,858Expenses 2012: $452,381Net Income 2012: $1,203,4772012Expenses 2013: $476,1412013Revenue 2014: $610,058Expenses 2014: $563,181Net Income 2014: $46,8772014Revenue 2015: $538,952Expenses 2015: $558,101Net Income 2015: -$19,1492015Revenue 2016: $548,377Expenses 2016: $583,963Net Income 2016: -$35,5862016Revenue 2017: $544,731Expenses 2017: $575,102Net Income 2017: -$30,3712017Revenue 2018: $521,551Expenses 2018: $549,464Net Income 2018: -$27,9132018Revenue 2019: $505,143Expenses 2019: $494,302Net Income 2019: $10,8412019Revenue 2020: $543,512Expenses 2020: $532,042Net Income 2020: $11,4702020Revenue 2021: $498,208Expenses 2021: $616,269Net Income 2021: -$118,0612021Revenue 2022: $853,043Expenses 2022: $595,378Net Income 2022: $257,6652022Revenue 2023: $618,753Expenses 2023: $703,444Net Income 2023: -$84,6912023

Highlighted filing

2023

Revenue$618,753
Expenses$703,444
Net Income-$84,691
Open 2023 Filing
Jump To
Filing Snapshot
Filing Period
Jul 1, 2022 to Jun 30, 2023
Signed
May 14, 2023
Return Version
2022v5.0
Gross Receipts
$618,753
Mission and Program Overview

Mission

Provide consistent and reliable water service to approximately 1,100 rural community water users

Provide consistent and reliable water service to approximately 1,100 rural community water customers

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$2,826,768$2,806,343▼ $20,425
Pd in Cap Srpls Land Bldg Eqp Fund$2,574,514$2,575,194▲ $680
Savings and Temporary Cash Investments$1,219,066$1,089,438▼ $129,628
Cash and Non-Interest-Bearing Accounts$45,563$47,649▲ $2,086
Rtn Earn Endowment Incm Other Fnds$121,581$36,891▼ $84,690
Accounts Receivable$24,063$21,762▼ $2,301
Prepaid Expenses and Deferred Charges$3,750$2,679▼ $1,071
Total Assets$4,176,259$4,070,245▼ $106,014
Other Assets Total$57,049$102,374▲ $45,325
Liabilities
Mortgage Notes Payable Secured by Investment Property$1,457,292$1,423,118▼ $34,174
Accounts Payable and Accrued Expenses$22,872$35,042▲ $12,170
Total Liabilities$1,480,164$1,458,160▼ $22,004
Net Assets / Fund Balance
Total Net Assets Fund Balance$2,696,095$2,612,085▼ $84,010
Total Liabilities and Net Assets / Fund Balance$4,176,259$4,070,245▼ $106,014

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$2,797,048$3,043,711$5,840,759
Land$9,295-$9,295
Compensation and Service Providers
Top Officer Pay73rd percentile

Employees

NameTitleBaseTotal
Charles WesterfieldPresident$725$725
Dewayne HullDirector$550$550
Steve RawsomDirector$500$500
Willie ColeDirector$450$450
Debra McraeDirector$200$200

Board Members and Trustees

NameTitle
Lynn LegetteDirector
Revenue and Support

Revenue Composition

Contributions and Grants
$45,325
Program Service Revenue
$571,541
Investment Income
$1,887
Other Revenue
$0
Change in Net Assets
$-84,691
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$524,953
Salaries, Compensation, and Employee Benefits$178,491
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages---$151,062
Depreciation Depletion---$124,973
Interest---$59,474
Other Expenses---$40,450
Insurance---$30,572
All Other Expenses---$30,529
Travel---$19,123
Payroll Taxes---$12,896
Other Employee Benefits---$12,108
Fees for Services Accounting---$2,850
Current Officers, Directors, Trustees, and Key Employees---$2,425
Office Expenses---$2,222
Advertising---$325
Total Functional Expenses$0$0$0$703,444
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
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 6

“7 member board of directors membership must be purchased to be a part of the water association”

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

“Officers are elected to three year term. Nominations are made every august at the annual meeting with a subsequent vote.”

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

“Form 990 is presented to board of directors for approval with the president of the board signing the return”

Form 990, Page 6, Part VI, Line 19

“All governing documents are available upon request”

Filing and Contact Details

Filer

Filer Name
Kipling Water Association
EIN
64-0536284
Phone
6017432498
Address
POST OFFICE BOX 306, DEKALB, MS 39328-0306

Signing Officer

Name
Charles Westerfield
Title
President
Phone
6017432498
Signed
2023-05-14
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Charles Westerfield
Legal Domicile
Ms
Voting Board Members
6
Independent Board Members
6
Employees
6

Preparer

Firm
Watkins Ward and Stafford Pllc
Address
PO BOX 270, LOUISVILLE, MS 39339
Preparer
Stephen D Flake CPA
Phone
6627737841
Supplemental Narrative

Additional Explanations

Form 990, Part XI, Line 9

“NEW MEMBERSHIPS 681”

Raw XML Appendix295 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/AccountantCompileOrReviewInd0true
IRS990/AccountsPayableAccrExpnssGrp/BOYAmt022872
IRS990/AccountsPayableAccrExpnssGrp/EOYAmt035042
IRS990/AccountsReceivableGrp/BOYAmt024063
IRS990/AccountsReceivableGrp/EOYAmt021762
IRS990/AcctCompileOrReviewBasisGrp/SeparateBasisFinclStmtInd0X
IRS990/ActivitiesConductedPrtshpInd0false
IRS990/ActivityOrMissionDesc0PROVIDE CONSISTENT AND RELIABLE WATER SERVICE TO APPROXIMATELY 1,100 RURAL COMMUNITY WATER CUSTOMERS
IRS990/AdvertisingGrp/TotalAmt0325
IRS990/AllOtherExpensesGrp/TotalAmt030529
IRS990/BooksInCareOfDetail/PersonNm0CHARLES WESTERFIELD
IRS990/BooksInCareOfDetail/PhoneNum06017432498
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt0370 QUINTON NUNN ROAD
IRS990/BooksInCareOfDetail/USAddress/CityNm0PRESTON
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0MS
IRS990/BooksInCareOfDetail/USAddress/ZIPCd039354
IRS990/BusinessRlnWith35CtrlEntInd0false
IRS990/BusinessRlnWithFamMemInd0false
IRS990/BusinessRlnWithOrgMemInd0false
IRS990/CashNonInterestBearingGrp/BOYAmt045563
IRS990/CashNonInterestBearingGrp/EOYAmt047649
IRS990/ChangeToOrgDocumentsInd0false
IRS990/CollectionsOfArtInd0false
IRS990/CompCurrentOfcrDirectorsGrp/TotalAmt02425
IRS990/CompensationFromOtherSrcsInd0false
IRS990/CompensationProcessCEOInd0false
IRS990/CompensationProcessOtherInd0false
IRS990/ConflictOfInterestPolicyInd0false
IRS990/ConservationEasementsInd0false
IRS990/ConsolidatedAuditFinclStmtInd0false
IRS990/CreditCounselingInd0false
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt045325
IRS990/CYGrantsAndSimilarPaidAmt00
IRS990/CYInvestmentIncomeAmt01887
IRS990/CYOtherExpensesAmt0524953
IRS990/CYOtherRevenueAmt00
IRS990/CYProgramServiceRevenueAmt0571541
IRS990/CYRevenuesLessExpensesAmt0-84691
IRS990/CYSalariesCompEmpBnftPaidAmt0178491
IRS990/CYTotalExpensesAmt0703444
IRS990/CYTotalFundraisingExpenseAmt00
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt0618753
IRS990/DecisionsSubjectToApprovaInd0false
IRS990/DeductibleArtContributionInd0false
IRS990/DeductibleNonCashContriInd0false
IRS990/DelegationOfMgmtDutiesInd0false
IRS990/DepreciationDepletionGrp/TotalAmt0124973
IRS990/Desc0PROVIDED CONSISTENT AND RELIABLE WATER SERVICE TO APPROXIMATELY 1,100 RURAL COMMUNITY WATER CUSTOMERS
IRS990/DescribedInSection501c3Ind0false
IRS990/DisregardedEntityInd0false
IRS990/DocumentRetentionPolicyInd0false
IRS990/DonorAdvisedFundInd0false
IRS990/DonorRstrOrQuasiEndowmentsInd0false
IRS990/ElectionOfBoardMembersInd0true
IRS990/EmployeeCnt06
IRS990/EmploymentTaxReturnsFiledInd0true
IRS990/FamilyOrBusinessRlnInd0false
IRS990/FederalGrantAuditRequiredInd0false
IRS990/FeesForServicesAccountingGrp/TotalAmt02850
IRS990/ForeignActivitiesInd0false
IRS990/ForeignFinancialAccountInd0false
IRS990/ForeignOfficeInd0false
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt01.00
IRS990/Form990PartVIISectionAGrp/OfficerInd0X
IRS990/Form990PartVIISectionAGrp/OfficerInd1X
IRS990/Form990PartVIISectionAGrp/OfficerInd2X
IRS990/Form990PartVIISectionAGrp/OfficerInd3X
IRS990/Form990PartVIISectionAGrp/OfficerInd4X
IRS990/Form990PartVIISectionAGrp/OfficerInd5X
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt00
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt10
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt20
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt30
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt40
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt50
IRS990/Form990PartVIISectionAGrp/PersonNm0CHARLES WESTERFIELD
IRS990/Form990PartVIISectionAGrp/PersonNm1DEWAYNE HULL
IRS990/Form990PartVIISectionAGrp/PersonNm2STEVE RAWSOM
IRS990/Form990PartVIISectionAGrp/PersonNm3WILLIE COLE
IRS990/Form990PartVIISectionAGrp/PersonNm4DEBRA MCRAE
IRS990/Form990PartVIISectionAGrp/PersonNm5LYNN LEGETTE
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt0725
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt1550
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt2500
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt3450
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt4200
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt50
IRS990/Form990PartVIISectionAGrp/TitleTxt0PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt1DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt2DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt3DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt4DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt5DIRECTOR
IRS990/Form990ProvidedToGvrnBodyInd0false
IRS990/FormerOfcrEmployeesListedInd0false
IRS990/FSAuditedInd0false
IRS990/FundraisingActivitiesInd0false
IRS990/GamingActivitiesInd0false
IRS990/GoverningBodyVotingMembersCnt06
IRS990/GovernmentGrantsAmt045325
IRS990/GrantsToIndividualsInd0false
IRS990/GrantsToOrganizationsInd0false
IRS990/GrantToRelatedPersonInd0false
IRS990/GrossReceiptsAmt0618753
IRS990/GroupReturnForAffiliatesInd0false
IRS990/IncludeFIN48FootnoteInd0false
IRS990/IndependentAuditFinclStmtInd0false
IRS990/IndependentVotingMemberCnt06
IRS990/IndoorTanningServicesInd0false
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InfoInScheduleOPartXIInd0X
IRS990/InsuranceGrp/TotalAmt030572
IRS990/InterestGrp/TotalAmt059474
IRS990/InvestmentIncomeGrp/ExclusionAmt01887
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt01887
IRS990/InvestmentInJointVentureInd0false
IRS990/IRPDocumentCnt05
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt03043711
IRS990/LandBldgEquipBasisNetGrp/BOYAmt02826768
IRS990/LandBldgEquipBasisNetGrp/EOYAmt02806343
IRS990/LandBldgEquipCostOrOtherBssAmt05850054
IRS990/LegalDomicileStateCd0MS
IRS990/LoanOutstandingInd0false
IRS990/LocalChaptersInd0false
IRS990/MaterialDiversionOrMisuseInd0false
IRS990/MembersAndShrGrossIncomeAmt0541543
IRS990/MembersOrStockholdersInd0true
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd0true
IRS990/MinutesOfGoverningBodyInd0true
IRS990/MissionDesc0PROVIDE CONSISTENT AND RELIABLE WATER SERVICE TO APPROXIMATELY 1,100 RURAL COMMUNITY WATER USERS
IRS990/MoreThan5000KToIndividualsInd0false
IRS990/MoreThan5000KToOrgInd0false
IRS990/MortgNotesPyblScrdInvstPropGrp/BOYAmt01457292
IRS990/MortgNotesPyblScrdInvstPropGrp/EOYAmt01423118
IRS990/NetAssetsOrFundBalancesBOYAmt02696095
IRS990/NetAssetsOrFundBalancesEOYAmt02612085
IRS990/NondeductibleContributionsInd0false
IRS990/OfficeExpensesGrp/TotalAmt02222
IRS990/OfficerMailingAddressInd0false
IRS990/OperateHospitalInd0false
IRS990/Organization501cInd0X
IRS990/OrgDoesNotFollowFASB117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt057049
IRS990/OtherAssetsTotalGrp/EOYAmt0102374
IRS990/OtherChangesInNetAssetsAmt0681
IRS990/OtherEmployeeBenefitsGrp/TotalAmt012108
IRS990/OtherExpensesGrp/Desc0UTILITIES
IRS990/OtherExpensesGrp/Desc1REPAIRS
IRS990/OtherExpensesGrp/Desc2TELEPHONE AND INTERNET
IRS990/OtherExpensesGrp/Desc3PURCHASED WATER
IRS990/OtherExpensesGrp/TotalAmt072015
IRS990/OtherExpensesGrp/TotalAmt171568
IRS990/OtherExpensesGrp/TotalAmt270852
IRS990/OtherExpensesGrp/TotalAmt340450
IRS990/OtherSalariesAndWagesGrp/TotalAmt0151062
IRS990/OtherSourcesGrossIncomeAmt046862
IRS990/PartialLiquidationInd0false
IRS990/PayrollTaxesGrp/TotalAmt012896
IRS990/PdInCapSrplsLandBldgEqpFundGrp/BOYAmt02574514
IRS990/PdInCapSrplsLandBldgEqpFundGrp/EOYAmt02575194
IRS990/PoliticalCampaignActyInd0false
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt03750
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt02679
IRS990/PrincipalOfficerNm0CHARLES WESTERFIELD
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgramServiceRevenueGrp/BusinessCd0221000
IRS990/ProgramServiceRevenueGrp/Desc0WATER SALES
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt0571541
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt0571541
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt0300000
IRS990/PYInvestmentIncomeAmt07798
IRS990/PYOtherExpensesAmt0430144
IRS990/PYProgramServiceRevenueAmt0545245
IRS990/PYRevenuesLessExpensesAmt0257665
IRS990/PYSalariesCompEmpBnftPaidAmt0165234
IRS990/PYTotalExpensesAmt0595378
IRS990/PYTotalRevenueAmt0853043
IRS990/ReconcilationRevenueExpnssAmt0-84691
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0false
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RtnEarnEndowmentIncmOthFndsGrp/BOYAmt0121581
IRS990/RtnEarnEndowmentIncmOthFndsGrp/EOYAmt036891
IRS990/SavingsAndTempCashInvstGrp/BOYAmt01219066
IRS990/SavingsAndTempCashInvstGrp/EOYAmt01089438
IRS990/ScheduleBRequiredInd0false
IRS990ScheduleD/EquipmentGrp/BookValueAmt02797048
IRS990ScheduleD/EquipmentGrp/DepreciationAmt03043711
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt05840759
IRS990ScheduleD/LandGrp/BookValueAmt09295
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt09295
IRS990ScheduleD/TotalBookValueLandBuildingsAmt02806343
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt07 MEMBER BOARD OF DIRECTORS MEMBERSHIP MUST BE PURCHASED TO BE A PART OF THE WATER ASSOCIATION
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1OFFICERS ARE ELECTED TO THREE YEAR TERM. NOMINATIONS ARE MADE EVERY AUGUST AT THE ANNUAL MEETING WITH A SUBSEQUENT VOTE.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2FORM 990 IS PRESENTED TO BOARD OF DIRECTORS FOR APPROVAL WITH THE PRESIDENT OF THE BOARD SIGNING THE RETURN
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3ALL GOVERNING DOCUMENTS ARE AVAILABLE UPON REQUEST
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4NEW MEMBERSHIPS 681
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 XI, LINE 9
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/SubjectToExcsTaxNetInvstIncInd0false
IRS990/SubjectToProxyTaxInd0false
IRS990/SubjToTaxRmnrtnExPrchtPymtInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt04176259
IRS990/TotalAssetsEOYAmt04070245
IRS990/TotalAssetsGrp/BOYAmt04176259
IRS990/TotalAssetsGrp/EOYAmt04070245
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalContributionsAmt045325
IRS990/TotalEmployeeCnt06
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt00
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt00
IRS990/TotalFunctionalExpensesGrp/TotalAmt0703444
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt01480164
IRS990/TotalLiabilitiesEOYAmt01458160
IRS990/TotalLiabilitiesGrp/BOYAmt01480164
IRS990/TotalLiabilitiesGrp/EOYAmt01458160
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt02696095
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt02612085
IRS990/TotalProgramServiceRevenueAmt0571541
IRS990/TotalReportableCompFromOrgAmt02425
IRS990/TotalRevenueGrp/ExclusionAmt01887
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt0571541
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0618753
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt04176259
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt04070245
IRS990/TravelGrp/TotalAmt019123
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt0370 QUINTON NUNN ROAD
IRS990/USAddress/CityNm0PRESTON
IRS990/USAddress/StateAbbreviationCd0MS
IRS990/USAddress/ZIPCd039354
IRS990/VotingMembersGoverningBodyCnt06
IRS990/VotingMembersIndependentCnt06
IRS990/WhistleblowerPolicyInd0false
ReturnHeader/BuildTS02023-04-26 12:10:37Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0CHARLES WESTERFIELD
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT
ReturnHeader/BusinessOfficerGrp/PhoneNum06017432498
ReturnHeader/BusinessOfficerGrp/SignatureDt02023-05-14
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0KIPLING WATER ASSOCIATION
ReturnHeader/Filer/BusinessNameControlTxt0KIPL
ReturnHeader/Filer/EIN0640536284
ReturnHeader/Filer/PhoneNum06017432498
ReturnHeader/Filer/USAddress/AddressLine1Txt0POST OFFICE BOX 306
ReturnHeader/Filer/USAddress/CityNm0DEKALB
ReturnHeader/Filer/USAddress/StateAbbreviationCd0MS
ReturnHeader/Filer/USAddress/ZIPCd0393280306
ReturnHeader/IRSResponsiblePrtyInfoCurrInd0true
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0640394922
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0WATKINS WARD AND STAFFORD PLLC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0PO BOX 270
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0LOUISVILLE
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0MS
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd039339
ReturnHeader/PreparerPersonGrp/PhoneNum06627737841
ReturnHeader/PreparerPersonGrp/PreparationDt02024-05-15
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0STEPHEN D FLAKE CPA
ReturnHeader/ReturnTs02024-05-15T17:14:42-04:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0CHARLES
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0WESTERFIELD
ReturnHeader/TaxPeriodBeginDt02022-07-01
ReturnHeader/TaxPeriodEndDt02023-06-30
ReturnHeader/TaxYr02022

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2023 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$4,070,245
Liabilities
$1,458,160
Net assets
$2,612,085
Revenue
$618,753
Expenses
$703,444
Net income
-$84,691
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2023Detailed filing. Detailed filing data is available for this year.$4.07$1.46$2.61$0.62$0.70$0.08
2022Detailed filing. Detailed filing data is available for this year.$4.18$1.48$2.70$0.85$0.60$0.26
2021Detailed filing. Detailed filing data is available for this year.$3.89$1.45$2.44$0.50$0.62$0.12
2020Detailed filing. Detailed filing data is available for this year.$4.14$1.43$2.70$0.54$0.53$0.01
2019Detailed filing. Detailed filing data is available for this year.$4.18$1.48$2.69$0.51$0.49$0.01
2018Detailed filing. Detailed filing data is available for this year.$4.22$1.54$2.68$0.52$0.55$0.03
2017Summary only. Only limited summary data is available for this year.$4.28$1.58$2.71$0.54$0.58$0.03
2016Detailed filing. Detailed filing data is available for this year.$4.35$1.61$2.74$0.55$0.58$0.04
2015Detailed filing. Detailed filing data is available for this year.$4.41$1.63$2.77$0.54$0.56$0.02
2014Detailed filing. Detailed filing data is available for this year.$4.45$1.67$2.78$0.61$0.56$0.05
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$4.46$1.73$2.73$0.48
2012Summary only. Only limited summary data is available for this year.$4.41$1.90$2.52$1.66$0.45$1.20
2011Summary only. Only limited summary data is available for this year.$2.99$1.68$1.31$0.48$0.38$0.11