Civic Intelligence

Greenfield Water Association Inc

EIN 64-0776948 • 501(c)12 • Pearl, MS

Profile

WATER ASSOCIATION

1608 Hwy 469 NorthPearl, MS 39208

n/A

Siviq Scores

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

Liabilities / Assets

31st percentile

0.12x

Higher debt load relative to assets than 31% of similar nonprofits.

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

Liabilities / Revenue

33rd percentile

0.43x

Higher debt load relative to revenue than 33% of similar nonprofits.

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

Net Margin

58th percentile

14%

Higher net margin than 58% 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

50th percentile

3.1%

Faster asset growth than 50% of similar nonprofits.

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

Revenue Growth

56th percentile

9.1%

Faster revenue growth than 56% of similar nonprofits.

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

Assets

Up

$7,077,017

Up $69,945 (+1.0%) from 2023

Liabilities

Down

$987,442

Down $57,308 (-5.5%) from 2023

Net Assets

Up

$6,089,575

Up $127,253 (+2.1%) from 2023

Revenue

Up

$1,937,859

Up $218,839 (+13%) from 2023

Expenses

Up

$1,810,606

Up $195,888 (+12%) from 2023

Net Income

Up

$127,253

Up $22,951 (+22%) from 2023

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 2011: $4,989,501Liabilities 2011: $2,207,944Net Assets 2011: $2,781,5572011Assets 2012: $5,005,362Liabilities 2012: $2,015,284Net Assets 2012: $2,990,0782012Assets 2013: $5,009,515Liabilities 2013: $1,922,965Net Assets 2013: $3,086,5502013Assets 2014: $5,140,828Liabilities 2014: $1,798,559Net Assets 2014: $3,342,2692014Assets 2015: $5,213,073Liabilities 2015: $1,697,320Net Assets 2015: $3,515,7532015Assets 2016: $5,506,368Liabilities 2016: $1,598,134Net Assets 2016: $3,908,2342016Assets 2017: $5,748,535Liabilities 2017: $1,513,335Net Assets 2017: $4,235,2002017Assets 2018: $6,431,103Liabilities 2018: $1,476,861Net Assets 2018: $4,954,2422018Assets 2019: $6,503,789Liabilities 2019: $1,330,356Net Assets 2019: $5,173,4332019Assets 2020: $6,666,279Liabilities 2020: $1,278,579Net Assets 2020: $5,387,7002020Assets 2021: $6,805,077Liabilities 2021: $1,149,676Net Assets 2021: $5,655,4012021Assets 2022: $6,926,001Liabilities 2022: $1,067,981Net Assets 2022: $5,858,0202022Assets 2023: $7,007,072Liabilities 2023: $1,044,750Net Assets 2023: $5,962,3222023Assets 2024: $7,077,017Liabilities 2024: $987,442Net Assets 2024: $6,089,5752024

Highlighted filing

2024

Assets$7,077,017
Liabilities$987,442
Net Assets$6,089,575

Operations Trend

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

$2.0M$1.5M$1.0M$500K$0Revenue 2011: $830,480Expenses 2011: $583,263Net Income 2011: $247,2172011Expenses 2012: $576,2342012Revenue 2013: $717,782Expenses 2013: $621,310Net Income 2013: $96,4722013Revenue 2014: $970,213Expenses 2014: $714,494Net Income 2014: $255,7192014Revenue 2015: $968,395Expenses 2015: $794,911Net Income 2015: $173,4842015Revenue 2016: $1,186,485Expenses 2016: $794,004Net Income 2016: $392,4812016Revenue 2017: $1,096,382Expenses 2017: $769,416Net Income 2017: $326,9662017Revenue 2018: $1,688,571Expenses 2018: $969,528Net Income 2018: $719,0432018Revenue 2019: $1,295,868Expenses 2019: $1,076,677Net Income 2019: $219,1912019Revenue 2020: $1,250,369Expenses 2020: $1,036,102Net Income 2020: $214,2672020Revenue 2021: $1,183,993Expenses 2021: $916,292Net Income 2021: $267,7012021Revenue 2022: $1,211,918Expenses 2022: $1,009,299Net Income 2022: $202,6192022Revenue 2023: $1,719,020Expenses 2023: $1,614,718Net Income 2023: $104,3022023Revenue 2024: $1,937,859Expenses 2024: $1,810,606Net Income 2024: $127,2532024

Highlighted filing

2024

Revenue$1,937,859
Expenses$1,810,606
Net Income$127,253

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$7.08$0.99$6.09$1.94$1.81$0.13
2023Detailed filing. Detailed filing data is available for this year.$7.01$1.04$5.96$1.72$1.61$0.10
2022Detailed filing. Detailed filing data is available for this year.$6.93$1.07$5.86$1.21$1.01$0.20
2021Detailed filing. Detailed filing data is available for this year.$6.81$1.15$5.66$1.18$0.92$0.27
2020Detailed filing. Detailed filing data is available for this year.$6.67$1.28$5.39$1.25$1.04$0.21
2019Detailed filing. Detailed filing data is available for this year.$6.50$1.33$5.17$1.30$1.08$0.22
2018Detailed filing. Detailed filing data is available for this year.$6.43$1.48$4.95$1.69$0.97$0.72
2017Detailed filing. Detailed filing data is available for this year.$5.75$1.51$4.24$1.10$0.77$0.33
2016Detailed filing. Detailed filing data is available for this year.$5.51$1.60$3.91$1.19$0.79$0.39
2015Detailed filing. Detailed filing data is available for this year.$5.21$1.70$3.52$0.97$0.79$0.17
2014Detailed filing. Detailed filing data is available for this year.$5.14$1.80$3.34$0.97$0.71$0.26
2013Detailed filing. Detailed filing data is available for this year.$5.01$1.92$3.09$0.72$0.62$0.10
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$5.01$2.02$2.99$0.58
2011Summary only. Only limited summary data is available for this year.$4.99$2.21$2.78$0.83$0.58$0.25
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
Mar 25, 2025
Return Version
2024v5.0
Gross Receipts
$1,937,859
Mission and Program Overview

Mission

WATER ASSOCIATION

Balance Sheet Detail
LineBeginningEndChange
Assets
Rtn Earn Endowment Incm Other Fnds$5,855,322$5,982,575▲ $127,253
Land, Buildings, and Equipment, Net$4,173,086$4,041,836▼ $131,250
Cash and Non-Interest-Bearing Accounts$226,490$1,937,417▲ $1,710,927
Investments Program Related$1,182,705--
Savings and Temporary Cash Investments$1,208,895$934,518▼ $274,377
Accounts Receivable$154,182$142,465▼ $11,717
Pd in Cap Srpls Land Bldg Eqp Fund$107,000$107,000→ $0
Prepaid Expenses and Deferred Charges$26,004$20,781▼ $5,223
Total Assets$7,007,072$7,077,017▲ $69,945
Other Assets Total$35,710--
Liabilities
Mortgage Notes Payable Secured by Investment Property$623,211$535,661▼ $87,550
Other Liabilities$348,374$368,064▲ $19,690
Accounts Payable and Accrued Expenses$73,165$83,717▲ $10,552
Total Liabilities$1,044,750$987,442▼ $57,308
Net Assets / Fund Balance
Total Net Assets Fund Balance$5,962,322$6,089,575▲ $127,253
Total Liabilities and Net Assets / Fund Balance$7,007,072$7,077,017▲ $69,945

Asset Categories

AssetBook ValueDepreciationBasis
Other Land Buildings$2,361,881$1,171,660$3,533,541
Equipment$1,291,273$1,579,868$2,871,141
Land$311,404-$311,404
Buildings$74,166$67,673$141,839
Leasehold Improvements$3,112$31,890$35,002
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Johnny JonesPresidentPT$16,500$16,500

Board Members and Trustees

NameTitle
Roy SandiferVice President
Buddy HillardDirector
Jaquelyn RobinsonDirector
Pete ChaseSecrtreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$1,910,624
Investment Income
$9,037
Other Revenue
$18,198
Change in Net Assets
$127,253

Audited Revenue Reconciliation

Revenue per Audited Statements
$1,937,859
Total Revenue per Audited Statements
$1,937,859
Total Revenue per Form 990
$1,937,859
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$1,674,248
Salaries, Compensation, and Employee Benefits$118,160
Grants and Similar Amounts Paid$18,198
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Depreciation Depletion$174,051--$174,051
Other Salaries and Wages$97,793--$97,793
All Other Expenses$82,124--$82,124
Insurance$28,976--$28,976
Office Expenses$24,571--$24,571
Grants to Domestic Orgs$18,198--$18,198
Other Employee Benefits$13,103--$13,103
Interest$12,704--$12,704
Fees for Services Other$12,361--$12,361
Payroll Taxes$7,264--$7,264
Other Expenses$3,054--$3,054
Fees for Services Management$3,000--$3,000
Total Functional Expenses$1,810,606$0$0$1,810,606

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$1,810,606
Total Expenses per Audited Statements$1,810,606
Total Expenses per Form 990$1,810,606
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
Monterey Volunteer Fire DepartmentFlorence, MS501c4Donations to Assist With Expenses$18,198
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 Meter Deposits$327,274
Construction Escrow$40,790
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
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
No
Other officer compensation reviewed
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
Yes
Management duties delegated
No

Governance Explanations

Members or stockholder classes and rights Part VI line 6

Each household/commercial user represents and constitutes being a voting member of the association

Member election for additional members Part VI line 7A

The members of the association elect board members on a term basis at each annual meeting. The board member positions are elected each year.

Governing body decisions Part VI line 7B

The members ratify the board decisions.

Form 990 governing body review Part VI line 11

The 990 is given to the board and they review it at their regular board meeting. The organization has not changed the process of reviewing the form 990 from the prior year.

Conflict of interest policy compliance Part VI line 12C

Peridoic reviews are conducted to ensure the qassociation consistently monitors and enforces compliance with the conflict of interest.

Governing documents etc available to public Part VI line 19

The governing documents are available on the ms secretary of state website and also upon request. The finanacial statements are available at the local library and also upon request at the association office.

Filing and Contact Details

Filer

Filer Name
Greenfield Water Association Inc
EIN
64-0776948
In Care Of
% JOHNNY JONES
Phone
6018257178
Address
1608 HWY 469 NORTH, PEARL, MS 39208

Signing Officer

Name
Johnny Jones
Title
President
Phone
6019398676
Signed
2025-03-25
Discuss with paid preparer
Yes

Organization Details

Formed
1966
Legal Domicile
Ms
Voting Board Members
5
Independent Board Members
5
Employees
3

Preparer

Firm
Windham and Lacey PLLC
Address
2708 Old Brandon Road, Pearl, MS 39208
Preparer
Benjamin C Windham
Phone
6019398676
Supplemental Narrative

Financial Statement Notes

Part X, Line 2-Text in footnote regarding FIN 48 (ASC 740)

The association has determined that there are no significant uncertain tax positions as of december 31, 2024. All tax periods after 2019 remain open to examination by the federal and state taxing jurisdictions to which the association is subject. However, the association is not currently under audit nor has the association been contacted by any of these jurisdictions.

Raw XML Appendix361 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/PYOtherExpensesAmt01487705
IRS990/PYOtherRevenueAmt033994
IRS990/PYProgramServiceRevenueAmt01683395
IRS990/PYRevenuesLessExpensesAmt0104302
IRS990/PYSalariesCompEmpBnftPaidAmt0107933
IRS990/PYTotalExpensesAmt01614718
IRS990/PYTotalRevenueAmt01719020
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IRS990/ReportOtherLiabilitiesInd0true
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IRS990/SavingsAndTempCashInvstGrp/EOYAmt0934518
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IRS990ScheduleD/BuildingsGrp/BookValueAmt074166
IRS990ScheduleD/BuildingsGrp/DepreciationAmt067673
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt0141839
IRS990ScheduleD/EquipmentGrp/BookValueAmt01291273
IRS990ScheduleD/EquipmentGrp/DepreciationAmt01579868
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt02871141
IRS990ScheduleD/ExpensesSubtotalAmt01810606
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/LandGrp/BookValueAmt0311404
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt0311404
IRS990ScheduleD/LeaseholdImprovementsGrp/BookValueAmt03112
IRS990ScheduleD/LeaseholdImprovementsGrp/DepreciationAmt031890
IRS990ScheduleD/LeaseholdImprovementsGrp/OtherCostOrOtherBasisAmt035002
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt02361881
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt01171660
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt03533541
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt0327274
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt140790
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0CUSTOMER METER DEPOSITS
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc1CONSTRUCTION ESCROW
IRS990ScheduleD/RevenueSubtotalAmt01937859
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0THE ASSOCIATION HAS DETERMINED THAT THERE ARE NO SIGNIFICANT UNCERTAIN TAX POSITIONS AS OF DECEMBER 31, 2024. ALL TAX PERIODS AFTER 2019 REMAIN OPEN TO EXAMINATION BY THE FEDERAL AND STATE TAXING JURISDICTIONS TO WHICH THE ASSOCIATION IS SUBJECT. HOWEVER, THE ASSOCIATION IS NOT CURRENTLY UNDER AUDIT NOR HAS THE ASSOCIATION BEEN CONTACTED BY ANY OF THESE JURISDICTIONS.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0Part X, Line 2-Text in footnote regarding FIN 48 (ASC 740)
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IRS990ScheduleD/TotalExpensesPerForm990Amt01810606
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IRS990ScheduleD/TotalRevenuePerForm990Amt01937859
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IRS990ScheduleI/RecipientTable/IRCSectionDesc0501C4
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt0DONATIONS TO ASSIST WITH EXPENSES
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt0MONTEREY VOLUNTEER FIRE DEPARTMENT
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt01400 MONTEREY ROAD
IRS990ScheduleI/RecipientTable/USAddress/CityNm0FLORENCE
IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd0MS
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0EACH HOUSEHOLD/COMMERCIAL USER REPRESENTS AND CONSTITUTES BEING A VOTING MEMBER OF THE ASSOCIATION
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE MEMBERS OF THE ASSOCIATION ELECT BOARD MEMBERS ON A TERM BASIS AT EACH ANNUAL MEETING. THE BOARD MEMBER POSITIONS ARE ELECTED EACH YEAR.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE MEMBERS RATIFY THE BOARD DECISIONS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THE 990 IS GIVEN TO THE BOARD AND THEY REVIEW IT AT THEIR REGULAR BOARD MEETING. THE ORGANIZATION HAS NOT CHANGED THE PROCESS OF REVIEWING THE FORM 990 FROM THE PRIOR YEAR.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4PERIDOIC REVIEWS ARE CONDUCTED TO ENSURE THE QASSOCIATION CONSISTENTLY MONITORS AND ENFORCES COMPLIANCE WITH THE CONFLICT OF INTEREST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5THE GOVERNING DOCUMENTS ARE AVAILABLE ON THE MS SECRETARY OF STATE WEBSITE AND ALSO UPON REQUEST. THE FINANACIAL STATEMENTS ARE AVAILABLE AT THE LOCAL LIBRARY AND ALSO UPON REQUEST AT THE ASSOCIATION OFFICE.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Members or stockholder classes and rights Part VI line 6
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Member election for additional members Part VI line 7a
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Governing body decisions Part VI line 7b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Form 990 governing body review Part VI line 11
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Conflict of interest policy compliance Part VI line 12c
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5Governing documents etc available to public Part VI line 19
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IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt01810606
IRS990/TotalFunctionalExpensesGrp/TotalAmt01810606
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt01044750
IRS990/TotalLiabilitiesEOYAmt0987442
IRS990/TotalLiabilitiesGrp/BOYAmt01044750
IRS990/TotalLiabilitiesGrp/EOYAmt0987442
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt05962322
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt06089575
IRS990/TotalOtherCompensationAmt00
IRS990/TotalProgramServiceExpensesAmt01810606
IRS990/TotalProgramServiceRevenueAmt01910624
IRS990/TotalReportableCompFromOrgAmt016500
IRS990/TotalRevenueGrp/ExclusionAmt00
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt01937859
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt01937859
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt07007072
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt07077017
IRS990/TotReportableCompRltdOrgAmt00
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IRS990/UponRequestInd0X
IRS990/VotingMembersGoverningBodyCnt05
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IRS990/WhistleblowerPolicyInd0false
ReturnHeader/BuildTS02025-03-06 01:10:19Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0JOHNNY JONES
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT
ReturnHeader/BusinessOfficerGrp/PhoneNum06019398676
ReturnHeader/BusinessOfficerGrp/SignatureDt02025-03-25
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0GREENFIELD WATER ASSOCIATION INC
ReturnHeader/Filer/BusinessNameControlTxt0GREE
ReturnHeader/Filer/EIN0640776948
ReturnHeader/Filer/InCareOfNm0% JOHNNY JONES
ReturnHeader/Filer/PhoneNum06018257178
ReturnHeader/Filer/USAddress/AddressLine1Txt01608 HWY 469 NORTH
ReturnHeader/Filer/USAddress/CityNm0PEARL
ReturnHeader/Filer/USAddress/StateAbbreviationCd0MS
ReturnHeader/Filer/USAddress/ZIPCd039208
ReturnHeader/IRSResponsiblePrtyInfoCurrInd0true
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0640929901
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0Windham and Lacey PLLC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt02708 Old Brandon Road
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0Pearl
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0MS
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd039208
ReturnHeader/PreparerPersonGrp/PhoneNum06019398676
ReturnHeader/PreparerPersonGrp/PreparationDt02025-03-26
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0BENJAMIN C WINDHAM
ReturnHeader/ReturnTs02025-03-26T10:30:03-04:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02024-01-01
ReturnHeader/TaxPeriodEndDt02024-12-31
ReturnHeader/TaxYr02024

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