Civic Intelligence

Cason Water District

EIN 64-0704500 • 501(c)12 • Nettleton, MS

Profile

Cason water district, inc.'s exempt purpose is to provide water to the residents of the cason community, a rural area.

30007 Cason RdNettleton, MS 38858

n/A

Siviq Scores

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

Liabilities / Assets

62nd percentile

0.37x

Higher debt load relative to assets than 62% of similar nonprofits.

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

Liabilities / Revenue

59th percentile

1.29x

Higher debt load relative to revenue than 59% of similar nonprofits.

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

Net Margin

91st percentile

50%

Higher net margin than 91% 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.

$5M-$10M nonprofits • Source year 2023

Asset Growth

84th percentile

17%

Faster asset growth than 84% of similar nonprofits.

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

Revenue Growth

95th percentile

93%

Faster revenue growth than 95% of similar nonprofits.

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

Assets

Up

$7,203,274

Up $1,044,980 (+17%) from 2024

Liabilities

Up

$2,652,279

Up $18,531 (+0.7%) from 2024

Net Assets

Up

$4,550,995

Up $1,026,449 (+29%) from 2024

Revenue

Up

$2,057,595

Up $991,601 (+93%) from 2024

Expenses

Up

$1,031,146

Up $51,280 (+5.2%) from 2024

Net Income

Up

$1,026,449

Up $940,321 (+1092%) from 2024

Trend Graphs

Balance Sheet Trend

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

$8.0M$6.0M$4.0M$2.0M$0Assets 2012: $2,153,119Liabilities 2012: $841,127Net Assets 2012: $1,311,9922012Assets 2013: $2,075,251Liabilities 2013: $810,052Net Assets 2013: $1,265,1992013Assets 2014: $2,003,534Liabilities 2014: $791,727Net Assets 2014: $1,211,8072014Assets 2015: $1,714,577Liabilities 2015: $525,948Net Assets 2015: $1,188,6292015Assets 2016: $1,720,928Liabilities 2016: $509,340Net Assets 2016: $1,211,5882016Assets 2017: $1,785,680Liabilities 2017: $482,425Net Assets 2017: $1,303,2552017Assets 2018: $1,843,319Liabilities 2018: $456,056Net Assets 2018: $1,387,2632018Assets 2019: $1,911,857Liabilities 2019: $436,300Net Assets 2019: $1,475,5572019Assets 2020: $3,851,704Liabilities 2020: $2,269,531Net Assets 2020: $1,582,1732020Assets 2021: $5,216,750Liabilities 2021: $2,492,729Net Assets 2021: $2,724,0212021Assets 2022: $5,981,961Liabilities 2022: $2,710,024Net Assets 2022: $3,271,9372022Assets 2023: $6,352,263Liabilities 2023: $2,913,845Net Assets 2023: $3,438,4182023Assets 2024: $6,158,294Liabilities 2024: $2,633,748Net Assets 2024: $3,524,5462024Assets 2025: $7,203,274Liabilities 2025: $2,652,279Net Assets 2025: $4,550,9952025

Highlighted filing

2025

Assets$7,203,274
Liabilities$2,652,279
Net Assets$4,550,995

Operations Trend

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

$3.0M$2.0M$1.0M$0-$1.0MRevenue 2012: $517,075Expenses 2012: $526,629Net Income 2012: -$9,5542012Expenses 2013: $549,8792013Revenue 2014: $510,678Expenses 2014: $564,070Net Income 2014: -$53,3922014Revenue 2015: $515,209Expenses 2015: $538,387Net Income 2015: -$23,1782015Revenue 2016: $570,136Expenses 2016: $547,177Net Income 2016: $22,9592016Revenue 2017: $643,314Expenses 2017: $551,647Net Income 2017: $91,6672017Revenue 2018: $651,650Expenses 2018: $567,642Net Income 2018: $84,0082018Revenue 2019: $706,150Expenses 2019: $617,856Net Income 2019: $88,2942019Revenue 2020: $724,258Expenses 2020: $617,642Net Income 2020: $106,6162020Revenue 2021: $1,751,764Expenses 2021: $609,916Net Income 2021: $1,141,8482021Revenue 2022: $1,199,858Expenses 2022: $651,942Net Income 2022: $547,9162022Revenue 2023: $1,113,721Expenses 2023: $947,240Net Income 2023: $166,4812023Revenue 2024: $1,065,994Expenses 2024: $979,866Net Income 2024: $86,1282024Revenue 2025: $2,057,595Expenses 2025: $1,031,146Net Income 2025: $1,026,4492025

Highlighted filing

2025

Revenue$2,057,595
Expenses$1,031,146
Net Income$1,026,449

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$7.20$2.65$4.55$2.06$1.03$1.03
2024Summary only. Only limited summary data is available for this year.$6.16$2.63$3.52$1.07$0.98$0.09
2023Facts available. Structured filing facts are available, but richer extracted sections are limited.$6.35$2.91$3.44$1.11$0.95$0.17
2022Summary only. Only limited summary data is available for this year.$5.98$2.71$3.27$1.20$0.65$0.55
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$5.22$2.49$2.72$1.75$0.61$1.14
2020Facts available. Structured filing facts are available, but richer extracted sections are limited.$3.85$2.27$1.58$0.72$0.62$0.11
2019Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.91$0.44$1.48$0.71$0.62$0.09
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.84$0.46$1.39$0.65$0.57$0.08
2017Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.79$0.48$1.30$0.64$0.55$0.09
2016Detailed filing. Detailed filing data is available for this year.$1.72$0.51$1.21$0.57$0.55$0.02
2015Detailed filing. Detailed filing data is available for this year.$1.71$0.53$1.19$0.52$0.54$0.02
2014Detailed filing. Detailed filing data is available for this year.$2.00$0.79$1.21$0.51$0.56$0.05
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.08$0.81$1.27$0.55
2012Summary only. Only limited summary data is available for this year.$2.15$0.84$1.31$0.52$0.53$0.01
Latest Detailed Filing

The latest 2025 filing currently has linked XML that has not been fully parsed yet. Showing the latest detailed filing from 2023 below.

Jump To
Filing Snapshot
Filing Period
Jul 1, 2022 to Jun 30, 2023
Signed
Aug 15, 2023
Return Version
2022v5.0
Gross Receipts
$1,113,721
Mission and Program Overview

Mission

Cason water district, inc.'s exempt purpose is to provide water to the residents of the cason community, a rural area.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$4,947,586$5,609,457▲ $661,871
Rtn Earn Endowment Incm Other Fnds$2,149,417$2,315,898▲ $166,481
Pd in Cap Srpls Land Bldg Eqp Fund$1,122,520$1,122,520→ $0
Savings and Temporary Cash Investments$431,622$494,140▲ $62,518
Pledges and Grants Receivable$287,287--
Cash and Non-Interest-Bearing Accounts$211,539$129,190▼ $82,349
Accounts Receivable$64,079$82,546▲ $18,467
Inventories for Sale or Use$26,607$17,997▼ $8,610
Prepaid Expenses and Deferred Charges$12,891$12,891→ $0
Intangible Assets-$5,692-
Total Assets$5,981,961$6,352,263▲ $370,302
Other Assets Total$350$350→ $0
Liabilities
Other Liabilities$2,412,109$2,886,002▲ $473,893
Accounts Payable and Accrued Expenses$297,915$27,843▼ $270,072
Total Liabilities$2,710,024$2,913,845▲ $203,821
Net Assets / Fund Balance
Total Net Assets Fund Balance$3,271,937$3,438,418▲ $166,481
Total Liabilities and Net Assets / Fund Balance$5,981,961$6,352,263▲ $370,302

Asset Categories

AssetBook ValueDepreciationBasis
Land$21,974-$21,974
Compensation and Service Providers

Board Members and Trustees

NameTitle
Bennie NealPresident
Jeff KnowlesDirector
Mike FarrisDirector
Mike HarrisDirector
Lathan WaltonTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$305,686
Program Service Revenue
$801,535
Investment Income
$6,500
Other Revenue
$0
Change in Net Assets
$166,481

Audited Revenue Reconciliation

Revenue per Audited Statements
$1,113,721
Total Revenue per Audited Statements
$1,113,721
Total Revenue per Form 990
$1,113,721
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$755,459
Salaries, Compensation, and Employee Benefits$191,781
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Depreciation Depletion$197,847--$197,847
All Other Expenses$141,046--$141,046
Other Salaries and Wages$123,951--$123,951
Interest$63,045--$63,045
Other Expenses$47,274--$47,274
Other Employee Benefits$35,447--$35,447
Insurance$34,868--$34,868
Payroll Taxes$25,508--$25,508
Fees for Services Accounting$7,913--$7,913
Pension Plan Contributions$6,875--$6,875
Total Functional Expenses$947,240$0$0$947,240

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$947,240
Total Expenses per Audited Statements$947,240
Total Expenses per Form 990$947,240
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
Notes Payable-usda$1,981,540
N/p-fanb (radio Read Meters)$501,550
N/p-first American Nat. Bank$171,168
Current Portion of Lt Debt$119,077
Customer Deposits$111,124
Due to State Treasurer$1,543
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Audit committee
Yes
Backup withholding compliance
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
Yes
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

Governance Explanations

Form 990, Page 6, Part VI, Line 6

The membership elects board of directors as directed in by laws.

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

The membership elects board of directors as directed in by laws.

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

The form 990 is approved at the board of director's annual meeting.

Form 990, Page 6, Part VI, Line 15A

Compensation for all employees is set be the board of directors as they deem necessary.

Form 990, Page 6, Part VI, Line 15B

Compensation for all employees is set be the board of directors as they deem necessary.

Form 990, Page 6, Part VI, Line 19

All documents are on file at the district's office and available upon request.

Filing and Contact Details

Filer

Filer Name
Cason Water District
EIN
64-0704500
Address
30007 CASON RD, NETTLETON, MS 38858

Signing Officer

Name
Bennie Neal
Title
President
Signed
2023-08-15
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Donald Young
Formed
1968
Legal Domicile
Ms
Voting Board Members
5
Independent Board Members
5
Employees
7

Preparer

Firm
Nail Mckinney Professional Association
Address
PO BOX 64 204 SOUTH MAIN STREET, S AMORY, MS 38821-4218
Preparer
Rodney V Summerford CPA
Phone
6622565603
Supplemental Narrative

Additional Explanations

Form 990, Part IX, Line 24E

General maintenance 41,958 0 0 utilities 28,401 0 0 office supplies 20,780 0 0 auto expense 20,309 0 0 inventory change 8,609 0 0 miscellaneous 5,346 0 0 water production & treat. 5,160 0 0 board expense 4,050 0 0 telephone 2,925 0 0 bank charges 1,620 0 0 outside services 1,040 0 0 rents 727 0 0 maintenance water taps 121 0 0 total 141,046 0 0

Raw XML Appendix341 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/PYSalariesCompEmpBnftPaidAmt0162320
IRS990/PYTotalExpensesAmt0651942
IRS990/PYTotalRevenueAmt01199858
IRS990/ReconcilationRevenueExpnssAmt0166481
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IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0true
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IRS990/RtnEarnEndowmentIncmOthFndsGrp/EOYAmt02315898
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IRS990/SavingsAndTempCashInvstGrp/EOYAmt0494140
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IRS990ScheduleD/ExpensesSubtotalAmt0947240
IRS990ScheduleD/LandGrp/BookValueAmt021974
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt021974
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt01981540
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt1501550
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt2171168
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt3119077
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt4111124
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt51543
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0NOTES PAYABLE-USDA
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc1N/P-FANB (RADIO READ METERS)
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc2N/P-FIRST AMERICAN NAT. BANK
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc3CURRENT PORTION OF LT DEBT
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc4CUSTOMER DEPOSITS
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc5DUE TO STATE TREASURER
IRS990ScheduleD/RevenueSubtotalAmt01113721
IRS990ScheduleD/TotalBookValueLandBuildingsAmt021974
IRS990ScheduleD/TotalExpensesPerForm990Amt0947240
IRS990ScheduleD/TotalLiabilityAmt02886002
IRS990ScheduleD/TotalRevenuePerForm990Amt01113721
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt01113721
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt0947240
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE MEMBERSHIP ELECTS BOARD OF DIRECTORS AS DIRECTED IN BY LAWS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE MEMBERSHIP ELECTS BOARD OF DIRECTORS AS DIRECTED IN BY LAWS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE FORM 990 IS APPROVED AT THE BOARD OF DIRECTOR'S ANNUAL MEETING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3COMPENSATION FOR ALL EMPLOYEES IS SET BE THE BOARD OF DIRECTORS AS THEY DEEM NECESSARY.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4COMPENSATION FOR ALL EMPLOYEES IS SET BE THE BOARD OF DIRECTORS AS THEY DEEM NECESSARY.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5ALL DOCUMENTS ARE ON FILE AT THE DISTRICT'S OFFICE AND AVAILABLE UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6GENERAL MAINTENANCE 41,958 0 0 UTILITIES 28,401 0 0 OFFICE SUPPLIES 20,780 0 0 AUTO EXPENSE 20,309 0 0 INVENTORY CHANGE 8,609 0 0 MISCELLANEOUS 5,346 0 0 WATER PRODUCTION & TREAT. 5,160 0 0 BOARD EXPENSE 4,050 0 0 TELEPHONE 2,925 0 0 BANK CHARGES 1,620 0 0 OUTSIDE SERVICES 1,040 0 0 RENTS 727 0 0 MAINTENANCE WATER TAPS 121 0 0 TOTAL 141,046 0 0
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 15A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PAGE 6, PART VI, LINE 15B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990, PAGE 6, PART VI, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6FORM 990, PART IX, LINE 24E
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IRS990/TerminateOperationsInd0false
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IRS990/TotalAssetsEOYAmt06352263
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IRS990/TotalAssetsGrp/EOYAmt06352263
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IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt00
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0947240
IRS990/TotalFunctionalExpensesGrp/TotalAmt0947240
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt02710024
IRS990/TotalLiabilitiesEOYAmt02913845
IRS990/TotalLiabilitiesGrp/BOYAmt02710024
IRS990/TotalLiabilitiesGrp/EOYAmt02913845
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt03271937
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt03438418
IRS990/TotalOthProgramServiceRevGrp/RelatedOrExemptFuncIncomeAmt05155
IRS990/TotalOthProgramServiceRevGrp/TotalRevenueColumnAmt05155
IRS990/TotalProgramServiceRevenueAmt0801535
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt0808035
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt01113721
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt05981961
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt06352263
IRS990/TypeOfOrganizationCorpInd0X
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IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt030021 LAZY DAY COVE
IRS990/USAddress/CityNm0NETTLETON
IRS990/USAddress/StateAbbreviationCd0MS
IRS990/USAddress/ZIPCd038858
IRS990/VotingMembersGoverningBodyCnt05
IRS990/VotingMembersIndependentCnt05
IRS990/WebsiteAddressTxt0N/A
IRS990/WhistleblowerPolicyInd0false
ReturnHeader/BuildTS02023-04-26 12:10:37Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0BENNIE NEAL
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT
ReturnHeader/BusinessOfficerGrp/SignatureDt02023-08-15
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0CASON WATER DISTRICT
ReturnHeader/Filer/BusinessNameControlTxt0CASO
ReturnHeader/Filer/EIN0640704500
ReturnHeader/Filer/USAddress/AddressLine1Txt030007 CASON RD
ReturnHeader/Filer/USAddress/CityNm0NETTLETON
ReturnHeader/Filer/USAddress/StateAbbreviationCd0MS
ReturnHeader/Filer/USAddress/ZIPCd038858
ReturnHeader/IRSResponsiblePrtyInfoCurrInd0false
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0640760834
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0NAIL MCKINNEY PROFESSIONAL ASSOCIATION
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0PO BOX 64 204 SOUTH MAIN STREET
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0S AMORY
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0MS
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd0388214218
ReturnHeader/PreparerPersonGrp/PhoneNum06622565603
ReturnHeader/PreparerPersonGrp/PreparationDt02023-08-15
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0RODNEY V SUMMERFORD CPA
ReturnHeader/ReturnTs02023-08-16T17:47:47-04:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0BENNIE
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0NEAL
ReturnHeader/TaxPeriodBeginDt02022-07-01
ReturnHeader/TaxPeriodEndDt02023-06-30
ReturnHeader/TaxYr02022

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