Civic Intelligence

North Pike Water Association Inc

EIN 64-0574368 • 501(c)12 • Summit, MS

Profile

RURAL WATER ASSOCIATION

P O Box 445Summit, MS 39666

n/A

Siviq Scores

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

Liabilities / Assets

55th percentile

0.29x

Higher debt load relative to assets than 55% of similar nonprofits.

501(c)12 • $5M-$10M nonprofits • Source year 2025

Liabilities / Revenue

75th percentile

2.22x

Higher debt load relative to revenue than 75% of similar nonprofits.

501(c)12 • $5M-$10M nonprofits • Source year 2025

Net Margin

80th percentile

31%

Higher net margin than 80% of similar nonprofits.

501(c)12 • $5M-$10M nonprofits • Source year 2025

Top Officer Pay

48th percentile

$0

Higher top officer pay than 48% of similar nonprofits.

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

501(c)12 • $5M-$10M nonprofits • Source year 2025

Asset Growth

93rd percentile

43%

Faster asset growth than 93% of similar nonprofits.

501(c)12 • $5M-$10M nonprofits • Annualized from 2024 to 2025

Revenue Growth

23rd percentile

-1.0%

Faster revenue growth than 23% of similar nonprofits.

501(c)12 • $5M-$10M nonprofits • Annualized from 2024 to 2025

Assets

Up

$8,427,427

Up $2,524,279 (+43%) from 2024

Liabilities

Down

$2,455,491

Down $175,496 (-6.7%) from 2024

Net Assets

Up

$5,971,936

Up $2,699,775 (+83%) from 2024

Revenue

Down

$1,103,846

Down $11,446 (-1.0%) from 2024

Expenses

Down

$765,889

Down $53,377 (-6.5%) from 2024

Net Income

Up

$337,957

Up $41,931 (+14%) from 2024

Trend Graphs

Balance Sheet Trend

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

$10M$5.0M$0Assets 2013: $1,746,088Liabilities 2013: $607,479Net Assets 2013: $1,138,6092013Assets 2014: $1,804,292Liabilities 2014: $572,910Net Assets 2014: $1,231,3822014Assets 2015: $1,873,591Liabilities 2015: $552,302Net Assets 2015: $1,321,2892015Assets 2016: $2,565,760Liabilities 2016: $1,109,103Net Assets 2016: $1,456,6572016Assets 2017: $2,902,455Liabilities 2017: $1,268,300Net Assets 2017: $1,634,1552017Assets 2018: $3,039,241Liabilities 2018: $1,233,568Net Assets 2018: $1,805,6732018Assets 2019: $3,203,255Liabilities 2019: $1,260,624Net Assets 2019: $1,942,6312019Assets 2020: $4,853,525Liabilities 2020: $2,692,574Net Assets 2020: $2,160,9512020Assets 2021: $5,470,795Liabilities 2021: $2,982,598Net Assets 2021: $2,488,1972021Assets 2022: $5,536,288Liabilities 2022: $2,855,148Net Assets 2022: $2,681,1402022Assets 2023: $5,645,941Liabilities 2023: $2,734,274Net Assets 2023: $2,911,6672023Assets 2024: $5,903,148Liabilities 2024: $2,630,987Net Assets 2024: $3,272,1612024Assets 2025: $8,427,427Liabilities 2025: $2,455,491Net Assets 2025: $5,971,9362025

Highlighted filing

2025

Assets$8,427,427
Liabilities$2,455,491
Net Assets$5,971,936

Operations Trend

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

$1.5M$1.0M$500K$0Expenses 2013: $558,8852013Revenue 2014: $611,151Expenses 2014: $518,378Net Income 2014: $92,7732014Revenue 2015: $609,314Expenses 2015: $519,407Net Income 2015: $89,9072015Revenue 2016: $652,888Expenses 2016: $517,520Net Income 2016: $135,3682016Revenue 2017: $791,986Expenses 2017: $614,488Net Income 2017: $177,4982017Revenue 2018: $767,306Expenses 2018: $595,788Net Income 2018: $171,5182018Revenue 2019: $775,798Expenses 2019: $638,840Net Income 2019: $136,9582019Revenue 2020: $836,108Expenses 2020: $617,788Net Income 2020: $218,3202020Revenue 2021: $992,304Expenses 2021: $665,058Net Income 2021: $327,2462021Revenue 2022: $935,377Expenses 2022: $742,432Net Income 2022: $192,9452022Revenue 2023: $990,262Expenses 2023: $759,735Net Income 2023: $230,5272023Revenue 2024: $1,115,292Expenses 2024: $819,266Net Income 2024: $296,0262024Revenue 2025: $1,103,846Expenses 2025: $765,889Net Income 2025: $337,9572025

Highlighted filing

2025

Revenue$1,103,846
Expenses$765,889
Net Income$337,957

Filings

Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Apr 1, 2024 to Mar 31, 2025
Signed
Apr 2, 2025
Return Version
2024v5.2
Gross Receipts
$1,103,846
Mission and Program Overview

Mission

Rural water association

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$3,588,745$6,131,686▲ $2,542,941
Rtn Earn Endowment Incm Other Fnds$3,272,161$5,971,936▲ $2,699,775
Savings and Temporary Cash Investments$1,945,032$2,023,046▲ $78,014
Cash and Non-Interest-Bearing Accounts$257,220$158,718▼ $98,502
Accounts Receivable$83,229$87,208▲ $3,979
Prepaid Expenses and Deferred Charges$12,360$13,906▲ $1,546
Intangible Assets$14,920$12,713▼ $2,207
Other Notes and Loans Receivable, Net$1,492$0▼ $1,492
Total Assets$5,903,148$8,427,427▲ $2,524,279
Other Assets Total$150$150→ $0
Liabilities
Mortgage Notes Payable Secured by Investment Property$2,518,181$2,342,869▼ $175,312
Other Liabilities$100,241$101,673▲ $1,432
Accounts Payable and Accrued Expenses$12,565$10,949▼ $1,616
Total Liabilities$2,630,987$2,455,491▼ $175,496
Net Assets / Fund Balance
Total Net Assets Fund Balance$3,272,161$5,971,936▲ $2,699,775
Total Liabilities and Net Assets / Fund Balance$5,903,148$8,427,427▲ $2,524,279

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$6,100,535$2,583,986$8,684,521
Land$31,151-$31,151
Compensation and Service Providers

Board Members and Trustees

NameTitle
Mark WallacePresident
Lee BarkdullVice President
Mike EnnisDirector
Uriah CollinsSecretary Treasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$990,930
Investment Income
$93,738
Other Revenue
$19,178
Change in Net Assets
$337,957

Audited Revenue Reconciliation

Revenue per Audited Statements
$1,103,846
Revenue Not Reported on Form 990
$2,356,017
Total Revenue per Audited Statements
$3,459,863
Total Revenue per Form 990
$1,103,846
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$517,040
Salaries, Compensation, and Employee Benefits$248,849
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$0$0$0$224,985
Depreciation Depletion$0$0$0$141,659
All Other Expenses$0$0$0$140,759
Interest$0$0$0$75,769
Insurance$0$0$0$65,510
Fees for Services Accounting$0$0$0$64,681
Payroll Taxes$0$0$0$17,747
Other Expenses$0$0$0$9,845
Pension Plan Contributions$0$0$0$6,117
Office Expenses$0$0$0$5,738
Advertising$0$0$0$1,045
Total Functional Expenses$0$0$0$765,889

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$765,889
Total Expenses per Audited Statements$765,889
Total Expenses per Form 990$765,889
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
Customer Deposits$95,844
Payroll Taxes Payable$4,458
Simple Ira Payable$1,049
Sales Tax Payable$322
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Audit committee
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
Filing and Contact Details

Filer

Filer Name
North Pike Water Association Inc
EIN
64-0574368
Phone
6012493502
Address
P O BOX 445, SUMMIT, MS 39666

Signing Officer

Name
Mark Wallace
Title
President
Phone
6012493502
Signed
2025-04-02
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Mark Wallace
Formed
1972
Legal Domicile
Ms
Voting Board Members
4
Independent Board Members
4
Employees
4
Volunteers
0

Preparer

Firm
JLG Public Accounting Inc
Address
612 Delaware Avenue Suite 10, McComb, MS 39648
Preparer
Joanie L Golman
Phone
6016848130
Supplemental Narrative

Additional Explanations

Pt VI, Line 6

Classes of members or stockholders. Thre is only one class of members. Members join the water association to have access to water.

Pt VI, Line 7A

Election of members and their rights. All board members are voted on by the membership. Those receiving majority vote of all the members are elected.

Pt VI, Line 8B

Documentation by committee explanation. Committees do not have authority to act on behalf of the governing body.

Pt VI, Line 11B

Organizations process to review form 990. The tax return is reviewed by the entire board at a monthly board meeting prior to filing the return.

Pt VI, Line 19

Governing documents disclosure explanation. The organization has an annual meeting of members each year. The financial statements and governing documents are made availabe at the meeting.

Pt XI

Line 9: arpa grant funds received

Form 990, Part IX, Line 24E

Dues and subscriptions 3598.

Form 990, Part IX, Line 24E

GAS & OIL 12885.

Form 990, Part IX, Line 24E

Repairs & maintenance 16794.

Form 990, Part IX, Line 24E

UTILITIES 90394.

Form 990, Part IX, Line 24E

TAX & LICENSE 1097.

Form 990, Part IX, Line 24E

BAD DEBT EXPENSE 9610.

Form 990, Part IX, Line 24E

MEALS 294.

Form 990, Part IX, Line 24E

ANALYSIS FEE 6087.

Financial Statement Notes

Pt XI, Line 2D

Schedule d adjustment - arpa grant funds

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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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IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt031151
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt095844
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt14458
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt21049
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt3322
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0CUSTOMER DEPOSITS
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc1PAYROLL TAXES PAYABLE
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc2SIMPLE IRA PAYABLE
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc3SALES TAX PAYABLE
IRS990ScheduleD/OtherRevenueAmt02356017
IRS990ScheduleD/RevenueNotReportedAmt02356017
IRS990ScheduleD/RevenueSubtotalAmt01103846
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0SCHEDULE D ADJUSTMENT - ARPA GRANT FUNDS
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0Pt XI, Line 2d
IRS990ScheduleD/TotalBookValueLandBuildingsAmt06131686
IRS990ScheduleD/TotalExpensesPerForm990Amt0765889
IRS990ScheduleD/TotalLiabilityAmt0101673
IRS990ScheduleD/TotalRevenuePerForm990Amt01103846
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt03459863
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt0765889
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0CLASSES OF MEMBERS OR STOCKHOLDERS. THRE IS ONLY ONE CLASS OF MEMBERS. MEMBERS JOIN THE WATER ASSOCIATION TO HAVE ACCESS TO WATER.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1ELECTION OF MEMBERS AND THEIR RIGHTS. ALL BOARD MEMBERS ARE VOTED ON BY THE MEMBERSHIP. THOSE RECEIVING MAJORITY VOTE OF ALL THE MEMBERS ARE ELECTED.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2DOCUMENTATION BY COMMITTEE EXPLANATION. COMMITTEES DO NOT HAVE AUTHORITY TO ACT ON BEHALF OF THE GOVERNING BODY.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3ORGANIZATIONS PROCESS TO REVIEW FORM 990. THE TAX RETURN IS REVIEWED BY THE ENTIRE BOARD AT A MONTHLY BOARD MEETING PRIOR TO FILING THE RETURN.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4GOVERNING DOCUMENTS DISCLOSURE EXPLANATION. THE ORGANIZATION HAS AN ANNUAL MEETING OF MEMBERS EACH YEAR. THE FINANCIAL STATEMENTS AND GOVERNING DOCUMENTS ARE MADE AVAILABE AT THE MEETING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5LINE 9: ARPA GRANT FUNDS RECEIVED
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6DUES AND SUBSCRIPTIONS 3598.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt7GAS & OIL 12885.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt8REPAIRS & MAINTENANCE 16794.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt9UTILITIES 90394.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt10TAX & LICENSE 1097.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt11BAD DEBT EXPENSE 9610.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt12MEALS 294.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt13ANALYSIS FEE 6087.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Pt VI, Line 6
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Pt VI, Line 7a
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Pt VI, Line 8b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Pt VI, Line 11b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Pt VI, Line 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5Pt XI
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6Form 990, Part IX, Line 24e
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc7Form 990, Part IX, Line 24e
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc8Form 990, Part IX, Line 24e
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc9Form 990, Part IX, Line 24e
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc10Form 990, Part IX, Line 24e
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc11Form 990, Part IX, Line 24e
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc12Form 990, Part IX, Line 24e
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc13Form 990, Part IX, Line 24e
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/SubjectToExcsTaxNetInvstIncInd0false
IRS990/SubjectToProxyTaxInd0false
IRS990/SubjToTaxRmnrtnExPrchtPymtInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt05903148
IRS990/TotalAssetsEOYAmt08427427
IRS990/TotalAssetsGrp/BOYAmt05903148
IRS990/TotalAssetsGrp/EOYAmt08427427
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalEmployeeCnt04
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt00
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt00
IRS990/TotalFunctionalExpensesGrp/TotalAmt0765889
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt02630987
IRS990/TotalLiabilitiesEOYAmt02455491
IRS990/TotalLiabilitiesGrp/BOYAmt02630987
IRS990/TotalLiabilitiesGrp/EOYAmt02455491
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt03272161
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt05971936
IRS990/TotalProgramServiceRevenueAmt0990930
IRS990/TotalRevenueGrp/ExclusionAmt00
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt01103846
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt01103846
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt00
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt05903148
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt08427427
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt0P O BOX 445
IRS990/USAddress/CityNm0SUMMIT
IRS990/USAddress/StateAbbreviationCd0MS
IRS990/USAddress/ZIPCd039666
IRS990/VotingMembersGoverningBodyCnt04
IRS990/VotingMembersIndependentCnt04
IRS990/WebsiteAddressTxt0N/A
IRS990/WhistleblowerPolicyInd0false
ReturnHeader/BuildTS02025-03-06 01:10:19Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0MARK WALLACE
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT
ReturnHeader/BusinessOfficerGrp/PhoneNum06012493502
ReturnHeader/BusinessOfficerGrp/SignatureDt02025-04-02
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0NORTH PIKE WATER ASSOCIATION INC
ReturnHeader/Filer/BusinessNameControlTxt0NORT
ReturnHeader/Filer/EIN0640574368
ReturnHeader/Filer/PhoneNum06012493502
ReturnHeader/Filer/USAddress/AddressLine1Txt0P O BOX 445
ReturnHeader/Filer/USAddress/CityNm0SUMMIT
ReturnHeader/Filer/USAddress/StateAbbreviationCd0MS
ReturnHeader/Filer/USAddress/ZIPCd039666
ReturnHeader/IRSResponsiblePrtyInfoCurrInd0true
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0873884908
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0JLG Public Accounting Inc
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0612 Delaware Avenue Suite 10
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0McComb
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0MS
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd039648
ReturnHeader/PreparerPersonGrp/PhoneNum06016848130
ReturnHeader/PreparerPersonGrp/PreparationDt02025-09-10
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0JOANIE L GOLMAN
ReturnHeader/ReturnTs02025-09-10T07:43:02-07:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02024-04-01
ReturnHeader/TaxPeriodEndDt02025-03-31
ReturnHeader/TaxYr02024

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