Civic Intelligence

Heafer Black Oak Water Assn

EIN 71-0426759 • 501(c)12 • Clarkedale, AR

Profile

The organization was established to provide water to rural areas of northeast arkansas that were previously not available.

PO Box 55Clarkedale, AR 72325

.

Siviq Scores

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

Liabilities / Assets

75th percentile

0.20x

Higher debt load relative to assets than 75% of similar nonprofits.

501(c)12 • <$500k nonprofits • Source year 2024

Liabilities / Revenue

76th percentile

0.31x

Higher debt load relative to revenue than 76% of similar nonprofits.

501(c)12 • <$500k nonprofits • Source year 2024

Net Margin

67th percentile

16%

Higher net margin than 67% of similar nonprofits.

501(c)12 • <$500k nonprofits • Source year 2024

Top Officer Pay

79th percentile

$0

Higher top officer pay than 79% of similar nonprofits.

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

501(c)12 • <$500k nonprofits • Source year 2024

Asset Growth

68th percentile

5.6%

Faster asset growth than 68% of similar nonprofits.

501(c)12 • <$500k nonprofits • Annualized from 2023 to 2024

Revenue Growth

45th percentile

0.2%

Faster revenue growth than 45% of similar nonprofits.

501(c)12 • <$500k nonprofits • Annualized from 2023 to 2024

Balance Sheet
Liabilities / Assets75th percentile

Assets

Up

$197,227

Up $10,541 (+5.6%) from 2023

Liabilities

Down

$39,990

Down $10,679 (-21%) from 2023

Net Assets

Up

$157,237

Up $21,220 (+16%) from 2023

Operations
Liabilities / Revenue76th percentileNet Margin67th percentile

Revenue

Up

$129,539

Up $235 (+0.2%) from 2023

Expenses

Up

$108,321

Up $4,573 (+4.4%) from 2023

Net Income

Down

$21,218

Down $4,338 (-17%) from 2023

Trend Graphs

Balance Sheet Trend

Asset Growth68th percentile

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

$200K$150K$100K$50K$0Assets 2011: $19,166Liabilities 2011: $9,470Net Assets 2011: $9,6962011Assets 2012: $18,055Liabilities 2012: $9,549Net Assets 2012: $8,5062012Assets 2013: $12,861Liabilities 2013: $9,168Net Assets 2013: $3,6932013Assets 2014: $16,491Liabilities 2014: $9,168Net Assets 2014: $7,3232014Assets 2015: $17,192Liabilities 2015: $9,167Net Assets 2015: $8,0252015Assets 2016: $12,647Liabilities 2016: $11,161Net Assets 2016: $1,4862016Assets 2017: $12,646Liabilities 2017: $9,883Net Assets 2017: $2,7632017Assets 2018: $34,097Liabilities 2018: $24,799Net Assets 2018: $9,2982018Assets 2019: $64,235Liabilities 2019: $26,678Net Assets 2019: $37,5572019Assets 2020: $56,067Liabilities 2020: $32,062Net Assets 2020: $24,0052020Assets 2021: $127,886Liabilities 2021: $98,235Net Assets 2021: $29,6512021Assets 2022: $183,543Liabilities 2022: $73,082Net Assets 2022: $110,4612022Assets 2023: $186,686Liabilities 2023: $50,669Net Assets 2023: $136,0172023Assets 2024: $197,227Liabilities 2024: $39,990Net Assets 2024: $157,2372024

Highlighted filing

2024

Assets$197,227
Liabilities$39,990
Net Assets$157,237
Open 2024 Filing

Operations Trend

Revenue Growth45th percentile

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

$200K$100K$0-$100KRevenue 2011: $83,661Expenses 2011: $87,606Net Income 2011: -$3,9452011Revenue 2012: $73,579Expenses 2012: $74,769Net Income 2012: -$1,1902012Revenue 2013: $65,471Expenses 2013: $70,284Net Income 2013: -$4,8132013Revenue 2014: $72,914Expenses 2014: $69,284Net Income 2014: $3,6302014Revenue 2015: $74,179Expenses 2015: $73,477Net Income 2015: $7022015Revenue 2016: $68,548Expenses 2016: $75,087Net Income 2016: -$6,5392016Revenue 2017: $83,433Expenses 2017: $82,156Net Income 2017: $1,2772017Revenue 2018: $82,895Expenses 2018: $76,361Net Income 2018: $6,5342018Revenue 2019: $101,826Expenses 2019: $73,567Net Income 2019: $28,2592019Revenue 2020: $90,700Expenses 2020: $130,055Net Income 2020: -$39,3552020Revenue 2021: $126,086Expenses 2021: $120,440Net Income 2021: $5,6462021Revenue 2022: $174,615Expenses 2022: $93,805Net Income 2022: $80,8102022Revenue 2023: $129,304Expenses 2023: $103,748Net Income 2023: $25,5562023Revenue 2024: $129,539Expenses 2024: $108,321Net Income 2024: $21,2182024

Highlighted filing

2024

Revenue$129,539
Expenses$108,321
Net Income$21,218
Open 2024 Filing

Filings

Most recent year

2024 • Form 990EZDetailed filing. Detailed filing data is available for this year.

Open filing
Assets
$197,227
Liabilities
$39,990
Net assets
$157,237
Revenue
$129,539
Expenses
$108,321
Net income
$21,218
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$1.97$0.40$1.57$1.30$1.08$0.21
2023Detailed filing. Detailed filing data is available for this year.$1.87$0.51$1.36$1.29$1.04$0.26
2022Detailed filing. Detailed filing data is available for this year.$1.84$0.73$1.10$1.75$0.94$0.81
2021Detailed filing. Detailed filing data is available for this year.$1.28$0.98$0.30$1.26$1.20$0.06
2020Detailed filing. Detailed filing data is available for this year.$0.56$0.32$0.24$0.91$1.30$0.39
2019Detailed filing. Detailed filing data is available for this year.$0.64$0.27$0.38$1.02$0.74$0.28
2018Detailed filing. Detailed filing data is available for this year.$0.34$0.25$0.09$0.83$0.76$0.07
2017Detailed filing. Detailed filing data is available for this year.$0.13$0.10$0.03$0.83$0.82$0.01
2016Detailed filing. Detailed filing data is available for this year.$0.13$0.11$0.01$0.69$0.75$0.07
2015Detailed filing. Detailed filing data is available for this year.$0.17$0.09$0.08$0.74$0.73$0.01
2014Detailed filing. Detailed filing data is available for this year.$0.16$0.09$0.07$0.73$0.69$0.04
2013Detailed filing. Detailed filing data is available for this year.$0.13$0.09$0.04$0.65$0.70$0.05
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.18$0.10$0.09$0.74$0.75$0.01
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.19$0.09$0.10$0.84$0.88$0.04
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
May 15, 2025
Return Version
2024v5.0
Gross Receipts
$129,539
Mission and Program Overview

Mission

This not for profit organization was established to furnish potable water to rural areas of northeast arkansas heretofore unserved by any water system. The organization has succeeded in performing this basic utility to a mostly below average income populace.

The organization was established to provide water to rural areas of northeast arkansas that were previously not available.

Program Services

DescriptionGrantsExpenses
PROVISON OF WATER SERVICES TO RURAL AREAS OF NORTHEAST ARKANSAS--
Compensation and Service Providers
Top Officer Pay79th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
KEVIN MCKEONPresident-$0--
RALPH DERRICKSecretary Tr-$0--
ALLEN RAINSDirector-$0--
RODNEY DAVISDirector-$0--
SCOTT FRALEYDirector-$0--
Filing and Contact Details

Filer

Filer Name
Heafer Black Oak Water Assn
EIN
71-0426759
Phone
8705596664
Address
PO BOX 55, CLARKEDALE, AR 72325

Signing Officer

Name
Kevin Mckeon
Title
President
Phone
8705596664
Signed
2025-05-15

Preparer

Firm
Meyer & Ward Cpas Pa
Address
PO BOX 1045 - 723 S FALLS BLVD ST, WYNNE, AR 72396
Preparer
Hoda D Ward CPA
Phone
8702387971
Supplemental Narrative

Additional Explanations

Form 990-ez, Part I, Line 8

“Investment income 64 total 64”

Form 990-ez, Part I, Line 16

“Expenses office expense 1,041 1,466 professional fees 16,000 contract labor 10,800 supplies 3,286 repairs 4,200 permits and fees 2,314 water sold 62,704 non-investment depreciation 6,510 total 108,321”

Form 990-ez, Part I, Line 20

“Change prior year accruals 0”

Form 990-ez, Part II, Line 24

“295,577 295,577 less accumulated depreciation 190,255 196,768 total 105,322 98,809”

Form 990-ez, Part II, Line 26

“Meter deposits 2,281 2,567 other liabilities 1,619 1,642 mortgage and other notes payable 46,769 35,781”

Form 990-ez, Part III

“The organization was established to provide water to rural areas of northeast arkansas that were previously not available.”

Raw XML Appendix113 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/ActivitiesNotPreviouslyRptInd0false
IRS990EZ/BooksInCareOfDetail/PersonNm0KEVIN MCKEON
IRS990EZ/BooksInCareOfDetail/PhoneNum08705596664
IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt0PO BOX 55
IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0CLARKEDALE
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0AR
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd072325
IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt076045
IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt093097
IRS990EZ/ChgMadeToOrgnzngDocNotRptInd0false
IRS990EZ/DonorAdvisedFndsInd0false
IRS990EZ/ExcessOrDeficitForYearAmt021218
IRS990EZ/ForeignFinancialAccountInd0false
IRS990EZ/ForeignOfficeInd0false
IRS990EZ/Form1120PolFiledInd0false
IRS990EZ/Form990TotalAssetsGrp/BOYAmt0186688
IRS990EZ/Form990TotalAssetsGrp/EOYAmt0197227
IRS990EZ/GrossReceiptsAmt0129539
IRS990EZ/InfoInScheduleOPartIIIInd0X
IRS990EZ/InfoInScheduleOPartIIInd0X
IRS990EZ/InfoInScheduleOPartIInd0X
IRS990EZ/LandAndBuildingsGrp/BOYAmt05321
IRS990EZ/LandAndBuildingsGrp/EOYAmt05321
IRS990EZ/MadeLoansToFromOfficersInd0false
IRS990EZ/MethodOfAccountingCashInd0X
IRS990EZ/NetAssetsOrFundBalancesBOYAmt0136019
IRS990EZ/NetAssetsOrFundBalancesEOYAmt0157237
IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt0136019
IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt0157237
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt0000.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt1000.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt2000.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt3000.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt4000.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt30
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt40
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0KEVIN MCKEON
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm1RALPH DERRICK
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm2ALLEN RAINS
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm3RODNEY DAVIS
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm4SCOTT FRALEY
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0PRESIDENT
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1SECRETARY TR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2DIRECTOR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt3DIRECTOR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt4DIRECTOR
IRS990EZ/OperateHospitalInd0false
IRS990EZ/Organization501cInd0X
IRS990EZ/OrganizationDissolvedEtcInd0false
IRS990EZ/OrganizationHadUBIInd0false
IRS990EZ/OtherAssetsTotalDetail/BOYAmt0105322
IRS990EZ/OtherAssetsTotalDetail/EOYAmt098809
IRS990EZ/OtherExpensesTotalAmt0108321
IRS990EZ/OtherRevenueTotalAmt064
IRS990EZ/PoliticalCampaignActyInd0false
IRS990EZ/PrimaryExemptPurposeTxt0THE ORGANIZATION WAS ESTABLISHED TO PROVIDE WATER TO RURAL AREAS OF NORTHEAST ARKANSAS THAT WERE PREVIOUSLY NOT AVAILABLE.
IRS990EZ/ProgramServiceRevenueAmt0129475
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0PROVISON OF WATER SERVICES TO RURAL AREAS OF NORTHEAST ARKANSAS
IRS990EZ/ProhibitedTaxShelterTransInd0false
IRS990EZ/RelatedOrganizationCtrlEntInd0false
IRS990EZ/ScheduleBNotRequiredInd0X
IRS990EZ/SubjectToProxyTaxInd0false
IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt050669
IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt039990
IRS990EZ/TanningServicesProvidedInd0false
IRS990EZ/TotalExpensesAmt0108321
IRS990EZ/TotalRevenueAmt0129539
IRS990EZ/TransactionWithControlEntInd0false
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990EZ/WebsiteAddressTxt0.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0INVESTMENT INCOME 64 TOTAL 64
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1EXPENSES OFFICE EXPENSE 1,041 1,466 PROFESSIONAL FEES 16,000 CONTRACT LABOR 10,800 SUPPLIES 3,286 REPAIRS 4,200 PERMITS AND FEES 2,314 WATER SOLD 62,704 NON-INVESTMENT DEPRECIATION 6,510 TOTAL 108,321
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2CHANGE PRIOR YEAR ACCRUALS 0
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3295,577 295,577 LESS ACCUMULATED DEPRECIATION 190,255 196,768 TOTAL 105,322 98,809
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4METER DEPOSITS 2,281 2,567 OTHER LIABILITIES 1,619 1,642 MORTGAGE AND OTHER NOTES PAYABLE 46,769 35,781
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5THE ORGANIZATION WAS ESTABLISHED TO PROVIDE WATER TO RURAL AREAS OF NORTHEAST ARKANSAS THAT WERE PREVIOUSLY NOT AVAILABLE.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990-EZ, PART I, LINE 8
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990-EZ, PART I, LINE 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990-EZ, PART I, LINE 20
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990-EZ, PART II, LINE 24
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990-EZ, PART II, LINE 26
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990-EZ, PART III
ReturnHeader/BuildTS02025-03-06 01:10:19Z
ReturnHeader/BusinessOfficerGrp/PersonNm0KEVIN MCKEON
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT
ReturnHeader/BusinessOfficerGrp/PhoneNum08705596664
ReturnHeader/BusinessOfficerGrp/SignatureDt02025-05-15
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0HEAFER BLACK OAK WATER ASSN
ReturnHeader/Filer/BusinessNameControlTxt0HEAF
ReturnHeader/Filer/EIN0710426759
ReturnHeader/Filer/PhoneNum08705596664
ReturnHeader/Filer/USAddress/AddressLine1Txt0PO BOX 55
ReturnHeader/Filer/USAddress/CityNm0CLARKEDALE
ReturnHeader/Filer/USAddress/StateAbbreviationCd0AR
ReturnHeader/Filer/USAddress/ZIPCd072325
ReturnHeader/IRSResponsiblePrtyInfoCurrInd0true
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0710810734
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0MEYER & WARD CPAS PA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0PO BOX 1045 - 723 S FALLS BLVD ST
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0WYNNE
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0AR
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd072396
ReturnHeader/PreparerPersonGrp/PhoneNum08702387971
ReturnHeader/PreparerPersonGrp/PreparationDt02025-09-26
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0HODA D WARD CPA
ReturnHeader/ReturnTs02025-11-03T22:23:22-05:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02024-01-01
ReturnHeader/TaxPeriodEndDt02024-12-31
ReturnHeader/TaxYr02024

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Peer Organizations

Similar nonprofits based on the same Siviq industry and scale cohort. 501(c)12 • <$500k nonprofits