Civic Intelligence

South Terry Water Association Inc

EIN 64-0720889 • 501(c)12 • Terry, MS

Profile

South terry water association's purpose is to provide water services for the rural area surrounding terry, hinds county, mississippi.

PO Box 298Terry, MS 39170

n/A

Siviq Scores

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

Liabilities / Assets

49th percentile

0.05x

Higher debt load relative to assets than 49% of similar nonprofits.

501(c)12 • $500k-$1M nonprofits • Source year 2025

Liabilities / Revenue

48th percentile

0.09x

Higher debt load relative to revenue than 48% of similar nonprofits.

501(c)12 • $500k-$1M nonprofits • Source year 2025

Net Margin

95th percentile

60%

Higher net margin than 95% of similar nonprofits.

501(c)12 • $500k-$1M nonprofits • Source year 2025

Top Officer Pay

88th percentile

$15,600

Higher top officer pay than 88% of similar nonprofits.

Top officer pay equals 4.7% of source-year revenue.

501(c)12 • $500k-$1M nonprofits • Source year 2025

Asset Growth

95th percentile

43%

Faster asset growth than 95% of similar nonprofits.

501(c)12 • $500k-$1M nonprofits • Annualized from 2024 to 2025

Revenue Growth

94th percentile

77%

Faster revenue growth than 94% of similar nonprofits.

501(c)12 • $500k-$1M nonprofits • Annualized from 2024 to 2025

Assets

Up

$652,768

Up $195,497 (+43%) from 2024

Liabilities

Down

$30,974

Down $1,142 (-3.6%) from 2024

Net Assets

Up

$621,794

Up $196,639 (+46%) from 2024

Revenue

Up

$330,466

Up $144,146 (+77%) from 2024

Expenses

Down

$133,827

Down $55,329 (-29%) from 2024

Net Income

Up

$196,639

Up $199,475 (+7034%) from 2024

Trend Graphs

Balance Sheet Trend

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

$800K$600K$400K$200K$0Assets 2012: $608,898Liabilities 2012: $174,939Net Assets 2012: $433,9592012Assets 2013: $590,674Liabilities 2013: $169,995Net Assets 2013: $420,6792013Assets 2014: $451,162Liabilities 2014: $37,180Net Assets 2014: $413,9822014Assets 2015: $448,039Liabilities 2015: $36,353Net Assets 2015: $411,6862015Assets 2016: $452,774Liabilities 2016: $36,150Net Assets 2016: $416,6242016Assets 2017: $452,011Liabilities 2017: $35,597Net Assets 2017: $416,4142017Assets 2018: $468,000Liabilities 2018: $34,942Net Assets 2018: $433,0582018Assets 2019: $473,667Liabilities 2019: $34,552Net Assets 2019: $439,1152019Assets 2020: $480,075Liabilities 2020: $34,559Net Assets 2020: $445,5162020Assets 2021: $477,132Liabilities 2021: $33,859Net Assets 2021: $443,2732021Assets 2022: $473,816Liabilities 2022: $33,245Net Assets 2022: $440,5712022Assets 2023: $460,767Liabilities 2023: $32,776Net Assets 2023: $427,9912023Assets 2024: $457,271Liabilities 2024: $32,116Net Assets 2024: $425,1552024Assets 2025: $652,768Liabilities 2025: $30,974Net Assets 2025: $621,7942025

Highlighted filing

2025

Assets$652,768
Liabilities$30,974
Net Assets$621,794

Operations Trend

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

$400K$300K$200K$100K$0-$100KRevenue 2012: $105,483Expenses 2012: $104,111Net Income 2012: $1,3722012Revenue 2013: $103,754Expenses 2013: $117,234Net Income 2013: -$13,4802013Revenue 2014: $103,740Expenses 2014: $110,437Net Income 2014: -$6,6972014Revenue 2015: $103,937Expenses 2015: $106,433Net Income 2015: -$2,4962015Revenue 2016: $104,118Expenses 2016: $99,680Net Income 2016: $4,4382016Revenue 2017: $112,179Expenses 2017: $112,489Net Income 2017: -$3102017Revenue 2018: $116,231Expenses 2018: $99,687Net Income 2018: $16,5442018Revenue 2019: $113,345Expenses 2019: $107,688Net Income 2019: $5,6572019Revenue 2020: $109,638Expenses 2020: $103,237Net Income 2020: $6,4012020Revenue 2021: $113,741Expenses 2021: $115,984Net Income 2021: -$2,2432021Revenue 2022: $107,238Expenses 2022: $109,940Net Income 2022: -$2,7022022Revenue 2023: $111,107Expenses 2023: $123,687Net Income 2023: -$12,5802023Revenue 2024: $186,320Expenses 2024: $189,156Net Income 2024: -$2,8362024Revenue 2025: $330,466Expenses 2025: $133,827Net Income 2025: $196,6392025

Highlighted filing

2025

Revenue$330,466
Expenses$133,827
Net Income$196,639

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Detailed filing. Detailed filing data is available for this year.$6.53$0.31$6.22$3.30$1.34$1.97
2024XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$4.57$0.32$4.25$1.86$1.89$0.03
2023Detailed filing. Detailed filing data is available for this year.$4.61$0.33$4.28$1.11$1.24$0.13
2022XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$4.74$0.33$4.41$1.07$1.10$0.03
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$4.77$0.34$4.43$1.14$1.16$0.02
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$4.80$0.35$4.46$1.10$1.03$0.06
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$4.74$0.35$4.39$1.13$1.08$0.06
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$4.68$0.35$4.33$1.16$1.00$0.17
2017Summary only. Only limited summary data is available for this year.$4.52$0.36$4.16$1.12$1.12$0.00
2016Summary only. Only limited summary data is available for this year.$4.53$0.36$4.17$1.04$1.00$0.04
2015Summary only. Only limited summary data is available for this year.$4.48$0.36$4.12$1.04$1.06$0.02
2014Summary only. Only limited summary data is available for this year.$4.51$0.37$4.14$1.04$1.10$0.07
2013Summary only. Only limited summary data is available for this year.$5.91$1.70$4.21$1.04$1.17$0.13
2012Summary only. Only limited summary data is available for this year.$6.09$1.75$4.34$1.05$1.04$0.01
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jul 1, 2024 to Jun 30, 2025
Signed
Jul 30, 2025
Return Version
2024v5.2
Gross Receipts
$330,466
Mission and Program Overview

Mission

South terry water association's purpose is to provide water services for the rural area surrounding terry, hinds county, mississippi.

To provide water services for the rural area surrounding terry, hinds county, mississippi.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$213,630$407,370▲ $193,740
Savings and Temporary Cash Investments$183,339$191,595▲ $8,256
Cash and Non-Interest-Bearing Accounts$40,435$35,275▼ $5,160
Accounts Receivable$19,492$17,452▼ $2,040
Total Assets$457,271$652,768▲ $195,497
Other Assets Total$375$1,076▲ $701
Liabilities
Other Liabilities$16,174$16,028▼ $146
Mortgage Notes Payable Secured by Investment Property$15,942$14,946▼ $996
Total Liabilities$32,116$30,974▼ $1,142
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$400,490$597,029▲ $196,539
Net Assets With Donor Restrictions$24,665$24,765▲ $100
Total Net Assets Fund Balance$425,155$621,794▲ $196,639
Total Liabilities and Net Assets / Fund Balance$457,271$652,768▲ $195,497

Asset Categories

AssetBook ValueDepreciationBasis
Other Land Buildings$402,362$473,930$876,292
Equipment$0$31,663$31,663
Land$5,008-$5,008
Compensation and Service Providers

Employees

NameTitleBaseTotal
Sylvia McdavidSec/ Treasurer$15,600$15,600

Board Members and Trustees

NameTitle
James GreenPresident
Wava PetersVice President
Gay PriceDirector
Jarvis ThompsonDirector
Kathy HearnDirector
Patricia JoinerDirector
Tonya TateDirector
Revenue and Support

Revenue Composition

Contributions and Grants
$207,388
Program Service Revenue
$114,021
Investment Income
$8,957
Other Revenue
$100
Change in Net Assets
$196,639
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$118,227
Salaries, Compensation, and Employee Benefits$15,600
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Fees for Services Other---$30,854
Current Officers, Directors, Trustees, and Key Employees---$15,600
Depreciation Depletion---$13,648
Office Expenses---$7,095
Insurance---$5,271
Interest---$587
Other Expenses---$74
Total Functional Expenses$0$0$0$133,827
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$16,006
Accrued Interest$22
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
Yes
Audit committee
Yes
Backup withholding compliance
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
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, Part VI, Section A, Line 6

Membership in the organization is required in order to be provided water servivces.

Form 990, Part VI, Section A, Line 7A

Nominations and elections are held by the membership for the governing body.

Form 990, Part VI, Section B, Line 11B

The organization provides a draft copy of form 990 to all board members prior to filing with the irs. The board reviews the form 990 and any questions or concerns are addressed prior to filing.

Form 990, Part VI, Section B, Line 15

The executive board meets annually to review compensation packages of all employees.

Form 990, Part VI, Section C, Line 19

The organization makes its governing documents and financial statements available to the general public upon request during normal business hours of the organization's office. Upon adoption of their conflict of interest policy this too will be made available upon request to the general public.

Filing and Contact Details

Filer

Filer Name
South Terry Water Association Inc
EIN
64-0720889
Phone
6018785308
Address
PO BOX 298, TERRY, MS 39170

Signing Officer

Name
James Green
Title
President
Phone
6018785308
Signed
2025-07-30
Discuss with paid preparer
Yes

Organization Details

Principal Officer
James Green
Formed
1966
Legal Domicile
Ms
Voting Board Members
8
Independent Board Members
8
Employees
0
Volunteers
7

Preparer

Firm
Matthews Cutrer & Lindsay Pa
Address
1020 HIGHLAND COLONY PKWY 500, RIDGELAND, MS 39157
Preparer
William P Mccoy CPA
Phone
6018988875
Supplemental Narrative

Additional Explanations

Form 990, Part IX, Line 11G

Labor 21,500. Other professional services 9,354.

Raw XML Appendix347 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
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IRS990/AuditCommitteeInd01
IRS990/BackupWthldComplianceInd01
IRS990/BooksInCareOfDetail/BusinessName/BusinessNameLine1Txt0SYLVIA MCDAVID
IRS990/BooksInCareOfDetail/PhoneNum06018785388
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt02428 HIGHWAY 51
IRS990/BooksInCareOfDetail/USAddress/CityNm0TERRY
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IRS990/BooksInCareOfDetail/USAddress/ZIPCd039170
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IRS990/DepreciationDepletionGrp/TotalAmt013648
IRS990/Desc0WATER SERVICES TO RURAL AREA OF TERRY, HINDS COUNTY, MISSISSIPPI. FOR 2024, THE SOUTH TERRY WATER ASSOCIATION SERVED 218 MEMBERS.
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IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt00
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt10
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt20
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt30
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt40
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt50
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt60
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IRS990/Form990PartVIISectionAGrp/PersonNm0JAMES GREEN
IRS990/Form990PartVIISectionAGrp/PersonNm1WAVA PETERS
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IRS990/Form990PartVIISectionAGrp/PersonNm3TONYA TATE
IRS990/Form990PartVIISectionAGrp/PersonNm4PATRICIA JOINER
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IRS990/Form990PartVIISectionAGrp/PersonNm6GAY PRICE
IRS990/Form990PartVIISectionAGrp/PersonNm7JARVIS THOMPSON
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IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt70
IRS990/Form990PartVIISectionAGrp/TitleTxt0PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt1VICE PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt2SEC/ TREASURER
IRS990/Form990PartVIISectionAGrp/TitleTxt3DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt4DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt5DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt6DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt7DIRECTOR
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IRS990/MoreThan5000KToIndividualsInd00
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IRS990ScheduleD/EquipmentGrp/DepreciationAmt031663
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt031663
IRS990ScheduleD/LandGrp/BookValueAmt05008
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt05008
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt0402362
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt0473930
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt0876292
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt022
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt116006
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0ACCRUED INTEREST
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc1CUSTOMER DEPOSITS
IRS990ScheduleD/TotalBookValueLandBuildingsAmt0407370
IRS990ScheduleD/TotalLiabilityAmt016028
IRS990/ScheduleJRequiredInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0MEMBERSHIP IN THE ORGANIZATION IS REQUIRED IN ORDER TO BE PROVIDED WATER SERVIVCES.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1NOMINATIONS AND ELECTIONS ARE HELD BY THE MEMBERSHIP FOR THE GOVERNING BODY.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE ORGANIZATION PROVIDES A DRAFT COPY OF FORM 990 TO ALL BOARD MEMBERS PRIOR TO FILING WITH THE IRS. THE BOARD REVIEWS THE FORM 990 AND ANY QUESTIONS OR CONCERNS ARE ADDRESSED PRIOR TO FILING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THE EXECUTIVE BOARD MEETS ANNUALLY TO REVIEW COMPENSATION PACKAGES OF ALL EMPLOYEES.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS AND FINANCIAL STATEMENTS AVAILABLE TO THE GENERAL PUBLIC UPON REQUEST DURING NORMAL BUSINESS HOURS OF THE ORGANIZATION'S OFFICE. UPON ADOPTION OF THEIR CONFLICT OF INTEREST POLICY THIS TOO WILL BE MADE AVAILABLE UPON REQUEST TO THE GENERAL PUBLIC.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5LABOR 21,500. OTHER PROFESSIONAL SERVICES 9,354.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION A, LINE 6
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION A, LINE 7A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION B, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART VI, SECTION B, LINE 15
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PART VI, SECTION C, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990, PART IX, LINE 11G
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/StatesWhereCopyOfReturnIsFldCd0MS
IRS990/SubjectToExcsTaxNetInvstIncInd00
IRS990/SubjectToProxyTaxInd00
IRS990/SubjToTaxRmnrtnExPrchtPymtInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt0457271
IRS990/TotalAssetsEOYAmt0652768
IRS990/TotalAssetsGrp/BOYAmt0457271
IRS990/TotalAssetsGrp/EOYAmt0652768
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalContributionsAmt0207388
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/TotalAmt0133827
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt032116
IRS990/TotalLiabilitiesEOYAmt030974
IRS990/TotalLiabilitiesGrp/BOYAmt032116
IRS990/TotalLiabilitiesGrp/EOYAmt030974
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0425155
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0621794
IRS990/TotalOtherCompensationAmt00
IRS990/TotalProgramServiceRevenueAmt0114021
IRS990/TotalReportableCompFromOrgAmt015600
IRS990/TotalRevenueGrp/ExclusionAmt09057
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt0114021
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0330466
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt07
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt0457271
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt0652768
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd00
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt0PO BOX 298
IRS990/USAddress/CityNm0TERRY
IRS990/USAddress/StateAbbreviationCd0MS
IRS990/USAddress/ZIPCd039170
IRS990/VotingMembersGoverningBodyCnt08
IRS990/VotingMembersIndependentCnt08
IRS990/WebsiteAddressTxt0N/A
IRS990/WhistleblowerPolicyInd00
ReturnHeader/BuildTS02025-03-06 01:10:19Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0JAMES GREEN
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT
ReturnHeader/BusinessOfficerGrp/PhoneNum06018785308
ReturnHeader/BusinessOfficerGrp/SignatureDt02025-07-30
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0SOUTH TERRY WATER ASSOCIATION INC
ReturnHeader/Filer/BusinessNameControlTxt0SOUT
ReturnHeader/Filer/EIN0640720889
ReturnHeader/Filer/PhoneNum06018785308
ReturnHeader/Filer/USAddress/AddressLine1Txt0PO BOX 298
ReturnHeader/Filer/USAddress/CityNm0TERRY
ReturnHeader/Filer/USAddress/StateAbbreviationCd0MS
ReturnHeader/Filer/USAddress/ZIPCd039170
ReturnHeader/IRSResponsiblePrtyInfoCurrInd01
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0640897081
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0MATTHEWS CUTRER & LINDSAY PA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt01020 HIGHLAND COLONY PKWY 500
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0RIDGELAND
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0MS
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd039157
ReturnHeader/PreparerPersonGrp/PhoneNum06018988875
ReturnHeader/PreparerPersonGrp/PreparationDt02025-07-23
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0WILLIAM P MCCOY CPA
ReturnHeader/ReturnTs02025-07-30T09:59:31-05:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02024-07-01
ReturnHeader/TaxPeriodEndDt02025-06-30
ReturnHeader/TaxYr02024

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