Civic Intelligence

Paynes Water Association Inc

990 • Fiscal year 2018 • EIN 64-0629559

Jul 01, 2017 to Jun 30, 2018 • Filed on Jul 17, 2018

Organization ProfileN/A
PO Box 423Charleston, MS 38921

(662) 647-2199

Siviq Scores

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

Liabilities / Assets

74th percentile

0.34x

Higher debt load relative to assets than 74% of similar nonprofits.

2018 filings • 501(c)12 • $500k-$1M nonprofits • Source year 2018

Liabilities / Revenue

92nd percentile

3.89x

Higher debt load relative to revenue than 92% of similar nonprofits.

2018 filings • 501(c)12 • $500k-$1M nonprofits • Source year 2018

Net Margin

13th percentile

-21%

Higher net margin than 13% of similar nonprofits.

2018 filings • 501(c)12 • $500k-$1M nonprofits • Source year 2018

Top Officer Pay

88th percentile

$10,900

Higher top officer pay than 88% of similar nonprofits.

Top officer pay equals 12.7% of source-year revenue.

2018 filings • 501(c)12 • $500k-$1M nonprofits • Source year 2018

Asset Growth

27th percentile

-2.7%

Faster asset growth than 27% of similar nonprofits.

2018 filings • 501(c)12 • $500k-$1M nonprofits • Annualized from 2017 to 2018

Revenue Growth

75th percentile

13%

Faster revenue growth than 75% of similar nonprofits.

2018 filings • 501(c)12 • $500k-$1M nonprofits • Annualized from 2017 to 2018

Balance Sheet
Liabilities / Assets74th percentile

Assets

Down

$994,217

Down $27,194 (-2.7%) from 2017

Net Assets

Down

$659,907

Down $17,897 (-2.6%) from 2017

Liabilities

Down

$334,310

Down $9,297 (-2.7%) from 2017

Revenue And Expenses
Liabilities / Revenue92nd percentileNet Margin13th percentile

Revenue

Up

$86,027

Up $9,897 (+13%) from 2017

Expenses

Up

$103,924

Up $10,058 (+11%) from 2017

Net Income

Down

-$17,897

Down $161 (-0.9%) from 2017

Historical Trend

Balance Sheet Trend

Asset Growth27th percentile

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

$1.5M$1.0M$500K$0Assets 2011: $1,175,042Liabilities 2011: $346,473Net Assets 2011: $828,5692011Assets 2012: $1,130,388Liabilities 2012: $341,214Net Assets 2012: $789,1742012Assets 2013: $1,084,062Liabilities 2013: $336,557Net Assets 2013: $747,5052013Assets 2014: $1,062,562Liabilities 2014: $331,244Net Assets 2014: $731,3182014Assets 2015: $1,080,072Liabilities 2015: $368,220Net Assets 2015: $711,8522015Assets 2016: $1,052,516Liabilities 2016: $356,977Net Assets 2016: $695,5392016Assets 2017: $1,021,411Liabilities 2017: $343,607Net Assets 2017: $677,8042017Assets 2018: $994,217Liabilities 2018: $334,310Net Assets 2018: $659,9072018Assets 2019: $956,585Liabilities 2019: $327,332Net Assets 2019: $629,2532019Assets 2020: $919,540Liabilities 2020: $308,893Net Assets 2020: $610,6472020Assets 2021: $878,431Liabilities 2021: $290,841Net Assets 2021: $587,5902021Assets 2022: $830,592Liabilities 2022: $278,154Net Assets 2022: $552,4382022Assets 2023: $808,017Liabilities 2023: $270,020Net Assets 2023: $537,9972023Assets 2024: $779,932Liabilities 2024: $262,545Net Assets 2024: $517,3872024Assets 2025: $750,736Liabilities 2025: $261,526Net Assets 2025: $489,2102025

Highlighted filing

2018

Assets$994,217
Liabilities$334,310
Net Assets$659,907
Open 2018 Filing

Operations Trend

Revenue Growth75th percentile

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

$150K$100K$50K$0-$50KExpenses 2011: $112,2142011Expenses 2012: $110,7012012Revenue 2013: $70,183Expenses 2013: $111,852Net Income 2013: -$41,6692013Revenue 2014: $87,107Expenses 2014: $103,312Net Income 2014: -$16,2052014Revenue 2015: $77,202Expenses 2015: $96,668Net Income 2015: -$19,4662015Revenue 2016: $81,015Expenses 2016: $97,328Net Income 2016: -$16,3132016Revenue 2017: $76,130Expenses 2017: $93,866Net Income 2017: -$17,7362017Revenue 2018: $86,027Expenses 2018: $103,924Net Income 2018: -$17,8972018Revenue 2019: $80,129Expenses 2019: $110,783Net Income 2019: -$30,6542019Revenue 2020: $94,344Expenses 2020: $112,950Net Income 2020: -$18,6062020Revenue 2021: $92,053Expenses 2021: $115,110Net Income 2021: -$23,0572021Revenue 2022: $83,257Expenses 2022: $118,409Net Income 2022: -$35,1522022Revenue 2023: $93,740Expenses 2023: $108,181Net Income 2023: -$14,4412023Revenue 2024: $92,428Expenses 2024: $113,038Net Income 2024: -$20,6102024Revenue 2025: $90,363Expenses 2025: $118,540Net Income 2025: -$28,1772025

Highlighted filing

2018

Revenue$86,027
Expenses$103,924
Net Income-$17,897
Open 2018 Filing
Jump To
Filing Snapshot
Filing Period
Jul 1, 2017 to Jun 30, 2018
Signed
Jul 17, 2018
Return Version
2017v2.2
Gross Receipts
$86,027
Mission and Program Overview

Mission

RURAL WATER ASSOCIATION

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$935,275$898,585▼ $36,690
Rtn Earn Endowment Incm Other Fnds$677,804$659,907▼ $17,897
Savings and Temporary Cash Investments$42,695$42,908▲ $213
Cash and Non-Interest-Bearing Accounts$25,511$30,357▲ $4,846
Accounts Receivable$17,930$22,367▲ $4,437
Total Assets$1,021,411$994,217▼ $27,194
Liabilities
Mortgage Notes Payable Secured by Investment Property$329,967$316,807▼ $13,160
Other Liabilities$12,517$13,192▲ $675
Accounts Payable and Accrued Expenses$1,123$4,311▲ $3,188
Total Liabilities$343,607$334,310▼ $9,297
Net Assets / Fund Balance
Total Net Assets Fund Balance$677,804$659,907▼ $17,897
Total Liabilities and Net Assets / Fund Balance$1,021,411$994,217▼ $27,194

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$34,294$17,066-
Land$100--
Equipment$864,191$722,959-
Compensation and Service Providers
Top Officer Pay88th percentile

Employees

NameTitleFull / Part TimeBaseTotal
Robert L CoxMeter ReaderPT$10,900$10,900

Board Members and Trustees

NameTitle
Thaddius RobertsPresident
Stan TribbleVice President
Gary FinkDirector
Henry BrooksDirector
Roy ShookSec-treasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$375
Program Service Revenue
$85,439
Investment Income
$213
Other Revenue
$0
Change in Net Assets
$-17,897
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$91,905
Salaries, Compensation, and Employee Benefits$12,019
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Depreciation Depletion$40,820$0$0$40,820
Interest$14,890$0$0$14,890
Current Officers, Directors, Trustees, and Key Employees$12,019$0$0$12,019
Fees for Services Accounting$7,800$0$0$7,800
Other Expenses$7,781$0$0$7,781
Insurance$7,187$0$0$7,187
Conferences and Meetings$2,710$0$0$2,710
Office Expenses$2,205$0$0$2,205
Advertising$65$0$0$65
Total Functional Expenses$103,924$0$0$103,924
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
Lobbying activity
No
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Meter Deposits$13,192
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
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
Paynes Water Association Inc
EIN
64-0629559
Phone
6626472199
Address
PO BOX 423, CHARLESTON, MS 38921

Signing Officer

Name
Thadius Roberts
Title
President
Phone
6626472199
Signed
2018-07-17
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Thadius Roberts
Formed
1965
Legal Domicile
Ms
Voting Board Members
5
Independent Board Members
5
Employees
1
Volunteers
10

Preparer

Firm
Debra G Goodwin CPA
Address
PO Box 423, CHARLESTON, MS 38921
Preparer
Debra G Goodwin
Phone
6626472199
Supplemental Narrative

Additional Explanations

Pt VI, Line 6

“Members”

Pt VI, Line 7A

“Members vote on Board of Directors”

Pt VI, Line 11B

“Board of Directors review”

Form 990EZ, Part II, Line 24

“Accounts Receivable, Net”

Form 990EZ, Part II, Line 26

“Meter Deposits”

Form 990EZ, Part II, Line 26

“Accounts Payable and Accrued Expenses”

Form 990EZ, Part II, Line 26

“Notes Payable USDA”

Raw XML Appendix349 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/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt0343607
IRS990/TotalLiabilitiesEOYAmt0334310
IRS990/TotalLiabilitiesGrp/BOYAmt0343607
IRS990/TotalLiabilitiesGrp/EOYAmt0334310
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0677804
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0659907
IRS990/TotalOthProgramServiceRevGrp/TotalRevenueColumnAmt07834
IRS990/TotalProgramServiceRevenueAmt085439
IRS990/TotalReportableCompFromOrgAmt010900
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt085652
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt086027
IRS990/TotalVolunteersCnt010
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt01021411
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt0994217
IRS990/TransactionWithControlEntInd0false
IRS990/TravelGrp/FundraisingAmt00
IRS990/TravelGrp/ManagementAndGeneralAmt00
IRS990/TravelGrp/ProgramServicesAmt00
IRS990/TravelGrp/TotalAmt00
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt0138 Shook Road
IRS990/USAddress/CityNm0Cascilla
IRS990/USAddress/StateAbbreviationCd0MS
IRS990/USAddress/ZIPCd038920
IRS990/VotingMembersGoverningBodyCnt05
IRS990/VotingMembersIndependentCnt05
IRS990/WebsiteAddressTxt0N/A
IRS990/WhistleblowerPolicyInd0false
ReturnHeader/BuildTS02018-06-14 16:35:46Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0THADIUS ROBERTS
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT
ReturnHeader/BusinessOfficerGrp/PhoneNum06626472199
ReturnHeader/BusinessOfficerGrp/SignatureDt02018-07-17
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0PAYNES WATER ASSOCIATION INC
ReturnHeader/Filer/BusinessNameControlTxt0PAYN
ReturnHeader/Filer/EIN0640629559
ReturnHeader/Filer/PhoneNum06626472199
ReturnHeader/Filer/USAddress/AddressLine1Txt0PO BOX 423
ReturnHeader/Filer/USAddress/CityNm0CHARLESTON
ReturnHeader/Filer/USAddress/StateAbbreviationCd0MS
ReturnHeader/Filer/USAddress/ZIPCd038921
ReturnHeader/FilingSecurityInformation/AtSubmissionCreationDeviceId09F3E5C183503E8A76CFB9E38187FEEC7268A43DB
ReturnHeader/FilingSecurityInformation/AtSubmissionFilingDeviceId09F3E5C183503E8A76CFB9E38187FEEC7268A43DB
ReturnHeader/FilingSecurityInformation/FilingLicenseTypeCd0P
ReturnHeader/FilingSecurityInformation/IPAddress/IPv4AddressTxt0108.255.11.88
ReturnHeader/FilingSecurityInformation/IPDt02018-09-04
ReturnHeader/FilingSecurityInformation/IPTimezoneCd0PD
ReturnHeader/FilingSecurityInformation/IPTm011:46:04
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0Debra G Goodwin CPA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0PO Box 423
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0CHARLESTON
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0MS
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd038921
ReturnHeader/PreparerPersonGrp/PhoneNum06626472199
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0DEBRA G GOODWIN
ReturnHeader/PreparerPersonGrp/SelfEmployedInd0X
ReturnHeader/ReturnTs02018-09-04T11:46:13-07:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02017-07-01
ReturnHeader/TaxPeriodEndDt02018-06-30
ReturnHeader/TaxYr02017

Document Assets

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Filings

Displayed year

2018 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$994,217
Liabilities
$334,310
Net assets
$659,907
Revenue
$86,027
Expenses
$103,924
Net income
-$17,897
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.75$0.26$0.49$0.09$0.12$0.03
2024Detailed filing. Detailed filing data is available for this year.$0.78$0.26$0.52$0.09$0.11$0.02
2023Detailed filing. Detailed filing data is available for this year.$0.81$0.27$0.54$0.09$0.11$0.01
2022Detailed filing. Detailed filing data is available for this year.$0.83$0.28$0.55$0.08$0.12$0.04
2021Detailed filing. Detailed filing data is available for this year.$0.88$0.29$0.59$0.09$0.12$0.02
2020Detailed filing. Detailed filing data is available for this year.$0.92$0.31$0.61$0.09$0.11$0.02
2019Detailed filing. Detailed filing data is available for this year.$0.96$0.33$0.63$0.08$0.11$0.03
2018Detailed filing. Detailed filing data is available for this year.$0.99$0.33$0.66$0.09$0.10$0.02
2017Detailed filing. Detailed filing data is available for this year.$1.02$0.34$0.68$0.08$0.09$0.02
2016Detailed filing. Detailed filing data is available for this year.$1.05$0.36$0.70$0.08$0.10$0.02
2015Detailed filing. Detailed filing data is available for this year.$1.08$0.37$0.71$0.08$0.10$0.02
2014Detailed filing. Detailed filing data is available for this year.$1.06$0.33$0.73$0.09$0.10$0.02
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.08$0.34$0.75$0.07$0.11$0.04
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.13$0.34$0.79$0.11
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.18$0.35$0.83$0.11