Civic Intelligence

Campground Water Association Inc

990 • Fiscal year 2020 • EIN 64-0782256

Jan 01, 2020 to Dec 31, 2020 • Filed on May 27, 2021

PO Box 1095Oxford, MS 38655

(662) 801-2372

Siviq Scores

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

Liabilities / Assets

94th percentile

0.74x

Higher debt load relative to assets than 94% of similar nonprofits.

2020 filings • 501(c)12 • $1M-$5M nonprofits • Source year 2020

Liabilities / Revenue

89th percentile

4.26x

Higher debt load relative to revenue than 89% of similar nonprofits.

2020 filings • 501(c)12 • $1M-$5M nonprofits • Source year 2020

Net Margin

53rd percentile

7.9%

Higher net margin than 53% of similar nonprofits.

2020 filings • 501(c)12 • $1M-$5M nonprofits • Source year 2020

Top Officer Pay

63rd percentile

$0

Higher top officer pay than 63% of similar nonprofits.

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

2020 filings • 501(c)12 • $1M-$5M nonprofits • Source year 2020

Asset Growth

43rd percentile

-0.3%

Faster asset growth than 43% of similar nonprofits.

2020 filings • 501(c)12 • $1M-$5M nonprofits • Annualized from 2019 to 2020

Revenue Growth

69th percentile

8.6%

Faster revenue growth than 69% of similar nonprofits.

2020 filings • 501(c)12 • $1M-$5M nonprofits • Annualized from 2019 to 2020

Assets

Down

$1,135,129

Down $2,904 (-0.3%) from 2019

Net Assets

Up

$298,184

Up $15,408 (+5.4%) from 2019

Liabilities

Down

$836,945

Down $18,312 (-2.1%) from 2019

Revenue

Up

$196,268

Up $15,581 (+8.6%) from 2019

Expenses

Down

$180,860

Down $12,288 (-6.4%) from 2019

Net Income

Up

$15,408

Up $27,869 (+224%) from 2019

Historical Trend

Balance Sheet Trend

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

$1.5M$1.0M$500K$0Assets 2018: $1,167,340Liabilities 2018: $872,103Net Assets 2018: $295,2372018Assets 2019: $1,138,033Liabilities 2019: $855,257Net Assets 2019: $282,7762019Assets 2020: $1,135,129Liabilities 2020: $836,945Net Assets 2020: $298,1842020Assets 2021: $1,122,007Liabilities 2021: $818,723Net Assets 2021: $303,2842021Assets 2022: $1,109,195Liabilities 2022: $799,789Net Assets 2022: $309,4062022Assets 2023: $1,101,976Liabilities 2023: $780,111Net Assets 2023: $321,8652023Assets 2024: $1,247,345Liabilities 2024: $849,064Net Assets 2024: $398,2812024Assets 2025: $1,305,955Liabilities 2025: $803,931Net Assets 2025: $502,0242025

Highlighted filing

2020

Assets$1,135,129
Liabilities$836,945
Net Assets$298,184

Operations Trend

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

$400K$200K$0-$200KRevenue 2018: $186,990Expenses 2018: $331,599Net Income 2018: -$144,6092018Revenue 2019: $180,687Expenses 2019: $193,148Net Income 2019: -$12,4612019Revenue 2020: $196,268Expenses 2020: $180,860Net Income 2020: $15,4082020Revenue 2021: $183,687Expenses 2021: $178,587Net Income 2021: $5,1002021Revenue 2022: $188,117Expenses 2022: $172,344Net Income 2022: $15,7732022Revenue 2023: $214,347Expenses 2023: $201,888Net Income 2023: $12,4592023Revenue 2024: $248,468Expenses 2024: $172,052Net Income 2024: $76,4162024Revenue 2025: $290,855Expenses 2025: $187,112Net Income 2025: $103,7432025

Highlighted filing

2020

Revenue$196,268
Expenses$180,860
Net Income$15,408
Jump To
Filing Snapshot
Filing Period
Jan 1, 2020 to Dec 31, 2020
Signed
May 27, 2021
Return Version
2020v4.0
Gross Receipts
$196,268
Mission and Program Overview

Mission

To provide safe, sanitary, and reliable waterworks services at a reasonable cost.

To provide safe, sanitary, and reliable waterworks service at a reasonable cost.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$953,628$896,348▼ $57,280
Rtn Earn Endowment Incm Other Fnds$282,776$298,184▲ $15,408
Cash and Non-Interest-Bearing Accounts$184,405$238,781▲ $54,376
Total Assets$1,138,033$1,135,129▼ $2,904
Liabilities
Other Liabilities$855,257$836,945▼ $18,312
Total Liabilities$855,257$836,945▼ $18,312
Net Assets / Fund Balance
Total Net Assets Fund Balance$282,776$298,184▲ $15,408
Total Liabilities and Net Assets / Fund Balance$1,138,033$1,135,129▼ $2,904

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$886,348$685,786$1,572,134
Land$10,000-$10,000
Compensation and Service Providers

Board Members and Trustees

NameTitle
Jimmy AllgoodPresident
Eddie KeyMember
Hal AndersonMember
Elizabeth AlexanderSecretary
Richard ShiversVice Preside
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$195,345
Investment Income
$147
Other Revenue
$776
Change in Net Assets
$15,408
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$180,860
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Fees for Services Management---$57,843
Depreciation Depletion---$57,281
Interest---$28,892
Office Expenses---$8,503
Fees for Services Accounting---$6,010
Insurance---$3,862
Other Expenses---$1,500
All Other Expenses---$1,320
Total Functional Expenses$0$0$0$180,860
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 in 1 Year or More$818,819
Notes Payable in Less Than 1 Year$18,126
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
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
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

Governance Explanations

Form 990, Page 6, Part VI, Line 6

The holders of membership certificates of this corporation are its members. Any bona fide occupant of a farmstead or rural residence having reasonable accessibility to the source of and who is in need of having water supplied for domestic, livestock and garden purposes from the water system operated by the corporation and who receives the approval of the board of directors may be admitted to membership upon subscribing for or otherwise acquiring a membership certificate and by signing such agreements for the purchase of water as may be provided and required by the corporation; provided that no person otherwise eligible shall be permitted to subscribe for or acquire a membership of the corporation if the capacity of the corporation's water system is exhausted by the needs of its existing members.

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

Each member of the association is entitled to vote for board members upon vacancy or the expiration of a board member's three-year term. If at the election of board members, there is no representation by the membership, the board has the authority to fill board member positions.

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

Prior to filing fom 990, each board member is provided a copy of the completed form 990 for review and approval.

Form 990, Page 6, Part VI, Line 19

Organization makes financial statements and tax returns available at its annual meeting and upon request. Organization also makes available upon request of inspection at its business office the following information: (i) by-laws of the association; (ii) a copy of the rules, regulations, policies, and procedures; (iii) amendments to the rules and regulations or amendments to the association's by-laws.

Filing and Contact Details

Filer

Filer Name
Campground Water Association Inc
EIN
64-0782256
Address
PO BOX 1095, OXFORD, MS 38655

Signing Officer

Name
Jimmy Allgood
Title
President
Phone
6622361456
Signed
2021-05-27
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Jimmy Allgood
Formed
1966
Legal Domicile
Ms
Voting Board Members
5
Independent Board Members
5
Employees
0

Preparer

Firm
Swetland Cook Pllc
Address
2409 S LAMAR BLVD, OXFORD, MS 38655-5348
Preparer
Amanda C Knight CPA
Phone
6622361711
Raw XML Appendix272 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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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE HOLDERS OF MEMBERSHIP CERTIFICATES OF THIS CORPORATION ARE ITS MEMBERS. ANY BONA FIDE OCCUPANT OF A FARMSTEAD OR RURAL RESIDENCE HAVING REASONABLE ACCESSIBILITY TO THE SOURCE OF AND WHO IS IN NEED OF HAVING WATER SUPPLIED FOR DOMESTIC, LIVESTOCK AND GARDEN PURPOSES FROM THE WATER SYSTEM OPERATED BY THE CORPORATION AND WHO RECEIVES THE APPROVAL OF THE BOARD OF DIRECTORS MAY BE ADMITTED TO MEMBERSHIP UPON SUBSCRIBING FOR OR OTHERWISE ACQUIRING A MEMBERSHIP CERTIFICATE AND BY SIGNING SUCH AGREEMENTS FOR THE PURCHASE OF WATER AS MAY BE PROVIDED AND REQUIRED BY THE CORPORATION; PROVIDED THAT NO PERSON OTHERWISE ELIGIBLE SHALL BE PERMITTED TO SUBSCRIBE FOR OR ACQUIRE A MEMBERSHIP OF THE CORPORATION IF THE CAPACITY OF THE CORPORATION'S WATER SYSTEM IS EXHAUSTED BY THE NEEDS OF ITS EXISTING MEMBERS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1EACH MEMBER OF THE ASSOCIATION IS ENTITLED TO VOTE FOR BOARD MEMBERS UPON VACANCY OR THE EXPIRATION OF A BOARD MEMBER'S THREE-YEAR TERM. IF AT THE ELECTION OF BOARD MEMBERS, THERE IS NO REPRESENTATION BY THE MEMBERSHIP, THE BOARD HAS THE AUTHORITY TO FILL BOARD MEMBER POSITIONS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2PRIOR TO FILING FOM 990, EACH BOARD MEMBER IS PROVIDED A COPY OF THE COMPLETED FORM 990 FOR REVIEW AND APPROVAL.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3ORGANIZATION MAKES FINANCIAL STATEMENTS AND TAX RETURNS AVAILABLE AT ITS ANNUAL MEETING AND UPON REQUEST. ORGANIZATION ALSO MAKES AVAILABLE UPON REQUEST OF INSPECTION AT ITS BUSINESS OFFICE THE FOLLOWING INFORMATION: (I) BY-LAWS OF THE ASSOCIATION; (II) A COPY OF THE RULES, REGULATIONS, POLICIES, AND PROCEDURES; (III) AMENDMENTS TO THE RULES AND REGULATIONS OR AMENDMENTS TO THE ASSOCIATION'S BY-LAWS.
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ReturnHeader/BuildTS02022-09-23 18:48:47Z
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ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT
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ReturnHeader/BusinessOfficerGrp/SignatureDt02021-05-27
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ReturnHeader/Filer/BusinessNameControlTxt0CAMP
ReturnHeader/Filer/EIN0640782256
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ReturnHeader/Filer/USAddress/CityNm0OXFORD
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ReturnHeader/Filer/USAddress/ZIPCd038655
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ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0SWETLAND COOK PLLC
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ReturnHeader/PreparerPersonGrp/PreparationDt02021-05-27
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0AMANDA C KNIGHT CPA
ReturnHeader/ReturnTs02021-10-28T09:53:44-05:00
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ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0ALLGOOD
ReturnHeader/TaxPeriodBeginDt02020-01-01
ReturnHeader/TaxPeriodEndDt02020-12-31
ReturnHeader/TaxYr02020

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