Walker Switch Water Association

990EZ • Fiscal year 2014 • EIN 64-0756066

Jul 01, 2013 to Jun 30, 2014 • Filed on Aug 15, 2014

Organization Profile N/A

PO Box 412Iuka, MS 38852-0412

(662) 423-5057

Siviq Scores

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

0.05x

Higher debt load relative to assets than 63% of similar nonprofits.

2014 filings • 501(c)12 • <$500k nonprofits • Source year 2014

0.18x

Higher debt load relative to revenue than 69% of similar nonprofits.

2014 filings • 501(c)12 • <$500k nonprofits • Source year 2014

2.1%

Higher net margin than 41% of similar nonprofits.

2014 filings • 501(c)12 • <$500k nonprofits • Source year 2014

Higher top officer pay than 72% of similar nonprofits.

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

2014 filings • 501(c)12 • <$500k nonprofits • Source year 2014

0.2%

Faster asset growth than 42% of similar nonprofits.

2014 filings • 501(c)12 • <$500k nonprofits • Annualized from 2013 to 2014

-3.1%

Faster revenue growth than 31% of similar nonprofits.

2014 filings • 501(c)12 • <$500k nonprofits • Annualized from 2013 to 2014

Balance Sheet

Liabilities / Assets63rd percentile

Assets

$385,997

Up $889 (+0.2%) from 2013

Net Assets

$366,725

Up $2,168 (+0.6%) from 2013

Liabilities

Down

$19,272

Down $1,279 (-6.2%) from 2013

Revenue And Expenses

Liabilities / Revenue69th percentile Net Margin41st percentile

Revenue

Down

$104,880

Down $3,360 (-3.1%) from 2013

Expenses

Down

$102,713

Down $19,018 (-16%) from 2013

Net Income

$2,167

Up $15,658 (+116%) from 2013

Historical Trend

Balance Sheet Trend

Asset Growth42nd percentile

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

Highlighted filing

2014

Assets$385,997

Liabilities$19,272

Net Assets$366,725

Open 2014 Filing

Operations Trend

Revenue Growth31st percentile

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

Highlighted filing

2014

Revenue$104,880

Expenses$102,713

Net Income$2,167

Open 2014 Filing

Jump To

Filing Snapshot

Filing Period: Jul 1, 2013 to Jun 30, 2014
Signed: Aug 15, 2014
Return Version: 2013v3.1
Gross Receipts: $104,880

Mission and Program Overview

Mission

Rural water system

Program Services

Description	Grants	Expenses
The Association provided rural water services to aproximately 350 customers in a cerificated area in Tishomingo County Mississippi	-	-

Compensation and Service Providers

Top Officer Pay72nd percentile

Employees

Name	Title	Full / Part Time	Base	Other	Total
Larry Bonds	President	-	$0	-	-
George Yow	Sec Treas	-	$0	-	-
Mike Ortner	Vice Pres	-	$0	-	-
Steve Nichelson	Director	-	$0	-	-
Bobby Gist	Director	-	$0	-	-

Filing and Contact Details

Filer

EIN: 64-0756066
Phone: 6624235057

Signing Officer

Name: Larry Bonds
Title: President
Signed: 2014-08-15
Discuss with paid preparer: Yes

Preparer

Preparer: David L Nichols
Phone: 6624235057

Raw XML Appendix94 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
IRS990EZ/ActivitiesNotPreviouslyRptInd	0	false
IRS990EZ/BooksInCareOfDetail/PersonNm	0	George Yow
IRS990EZ/BooksInCareOfDetail/PhoneNum	0	6624235057
IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1	0	305 West Eastport Street
IRS990EZ/BooksInCareOfDetail/USAddress/City	0	Iuka
IRS990EZ/BooksInCareOfDetail/USAddress/State	0	MS
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCode	0	388520000
IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt	0	109672
IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt	0	119649
IRS990EZ/ChgMadeToOrgnzngDocNotRptInd	0	false
IRS990EZ/DonorAdvisedFndsInd	0	false
IRS990EZ/ExcessOrDeficitForYearAmt	0	2167
IRS990EZ/FeesAndOtherPymtToIndCntrctAmt	0	13096
IRS990EZ/Form990TotalAssetsGrp/BOYAmt	0	385108
IRS990EZ/Form990TotalAssetsGrp/EOYAmt	0	385997
IRS990EZ/GrossReceiptsAmt	0	104880
IRS990EZ/InvestmentIncomeAmt	0	735
IRS990EZ/LandAndBuildingsGrp/BOYAmt	0	261486
IRS990EZ/LandAndBuildingsGrp/EOYAmt	0	251770
IRS990EZ/MadeLoansToFromOfficersInd	0	false
IRS990EZ/MethodOfAccountingAccrualInd	0	X
IRS990EZ/NetAssetsOrFundBalancesBOYAmt	0	364558
IRS990EZ/NetAssetsOrFundBalancesEOYAmt	0	366725
IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt	0	364558
IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt	0	366725
IRS990EZ/OccupancyRentUtltsAndMaintAmt	0	2400
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt	0	2
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt	1	2
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt	2	2
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt	3	1
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt	4	1
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt	0	0
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt	1	0
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt	2	0
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt	3	0
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt	4	0
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm	0	Larry Bonds
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm	1	George Yow
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm	2	Mike Ortner
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm	3	Steve Nichelson
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm	4	Bobby Gist
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt	0	President
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt	1	Sec Treas
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt	2	Vice Pres
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt	3	Director
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt	4	Director
IRS990EZ/OperateHospitalInd	0	false
IRS990EZ/Organization501cInd	0	X
IRS990EZ/OrganizationDissolvedEtcInd	0	false
IRS990EZ/OrganizationHadUBIInd	0	false
IRS990EZ/OtherAssetsTotalDetail/BOYAmt	0	13950
IRS990EZ/OtherAssetsTotalDetail/EOYAmt	0	14578
IRS990EZ/OtherExpensesTotalAmt	0	84990
IRS990EZ/PartVIOfCompOfHghstPdEmplTxt	0	NONE
IRS990EZ/PrimaryExemptPurposeTxt	0	Rural water system
IRS990EZ/PrintingPublicationsPostageAmt	0	2227
IRS990EZ/ProgramServiceRevenueAmt	0	104145
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt	0	The Association provided rural water services to aproximately 350 customers in a cerificated area in Tishomingo County Mississippi
IRS990EZ/RelatedOrganizationCtrlEntInd	0	false
IRS990EZ/ScheduleBNotRequiredInd	0	X
IRS990EZ/SubjectToProxyTaxInd	0	false
IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt	0	20550
IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt	0	19272
IRS990EZ/TanningServicesProvidedInd	0	false
IRS990EZ/TotalExpensesAmt	0	102713
IRS990EZ/TotalRevenueAmt	0	104880
IRS990EZ/TypeOfOrganizationCorpInd	0	X
ReturnHeader/BuildTS	0	2015-11-30 17:44:51Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd	0	true
ReturnHeader/BusinessOfficerGrp/PersonNm	0	Larry Bonds
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt	0	President
ReturnHeader/BusinessOfficerGrp/SignatureDt	0	2014-08-15
ReturnHeader/Filer/BusinessName/BusinessNameLine1	0	Walker Switch Water Association
ReturnHeader/Filer/BusinessNameControlTxt	0	WALK
ReturnHeader/Filer/EIN	0	640756066
ReturnHeader/Filer/PhoneNum	0	6624235057
ReturnHeader/Filer/USAddress/AddressLine1	0	PO Box 412
ReturnHeader/Filer/USAddress/City	0	Iuka
ReturnHeader/Filer/USAddress/State	0	MS
ReturnHeader/Filer/USAddress/ZIPCode	0	388520412
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN	0	640674924
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1	0	David L Nichols CPA PC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1	0	305 W Eastport Street
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/City	0	Iuka
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/State	0	MS
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCode	0	388520402
ReturnHeader/PreparerPersonGrp/PhoneNum	0	6624235057
ReturnHeader/PreparerPersonGrp/PreparationDt	0	2014-08-15
ReturnHeader/PreparerPersonGrp/PreparerPersonNm	0	David L Nichols
ReturnHeader/ReturnTs	0	2014-09-02T15:26:43-05:00
ReturnHeader/ReturnTypeCd	0	990EZ
ReturnHeader/TaxPeriodBeginDt	0	2013-07-01
ReturnHeader/TaxPeriodEndDt	0	2014-06-30
ReturnHeader/TaxYr	0	2013

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2014 • Form 990EZDetailed filing. Detailed filing data is available for this year.

Open filing

Assets: $385,997
Liabilities: $19,272
Net assets: $366,725
Revenue: $104,880
Expenses: $102,713
Net income: $2,167

	Balance Sheet			Operations
Year	Assets	Liabilities	Net Assets	Revenue	Expenses	Net Income
2025XML pending. An XML filing is linked for this year, but detailed extraction is still pending.	$1.36	$0.02	$1.34	$0.21	$0.22	$0.00
2023Facts available. Structured filing facts are available, but richer extracted sections are limited.	$0.36	$0.02	$0.34	$0.21	$0.18	$0.03
2022Detailed filing. Detailed filing data is available for this year.	$0.33	$0.02	$0.31	$0.17	$0.16	$0.01
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.	$0.31	$0.02	$0.30	$0.18	$0.18	$0.01
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.	$0.30	$0.02	$0.29	$0.17	$0.17	$0.00
2019Detailed filing. Detailed filing data is available for this year.	$0.31	$0.02	$0.29	$0.15	$0.17	$0.02
2017Detailed filing. Detailed filing data is available for this year.	$0.36	$0.02	$0.34	$0.13	$0.12	$0.01
2016Detailed filing. Detailed filing data is available for this year.	$0.35	$0.02	$0.33	$0.14	$0.12	$0.02
2015Detailed filing. Detailed filing data is available for this year.	$0.33	$0.02	$0.31	$0.10	$0.16	$0.06
2014Detailed filing. Detailed filing data is available for this year.	$0.39	$0.02	$0.37	$0.10	$0.10	$0.00
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.	$0.39	$0.02	$0.36	$0.11	$0.12	$0.01
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.	$0.39	$0.01	$0.38	$0.11	$0.11	$0.00
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.	$0.39	$0.02	$0.37	$0.11	$0.09	$0.01
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.	$0.38	$0.02	$0.36	$0.09	$0.09	$0.01