Civic Intelligence

Walkerville Water System Inc

990 • Fiscal year 2023 • EIN 71-0606131

Jan 01, 2023 to Dec 31, 2023 • Filed on Nov 04, 2024

Organization Profile
P O Box 184Emerson, AR 71740

(870) 904-1847

Siviq Scores

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

Liabilities / Assets

52nd percentile

0.01x

Higher debt load relative to assets than 52% of similar nonprofits.

2023 filings • 501(c)12 • <$500k nonprofits • Source year 2023

Liabilities / Revenue

59th percentile

0.06x

Higher debt load relative to revenue than 59% of similar nonprofits.

2023 filings • 501(c)12 • <$500k nonprofits • Source year 2023

Net Margin

12th percentile

-36%

Higher net margin than 12% of similar nonprofits.

2023 filings • 501(c)12 • <$500k nonprofits • Source year 2023

Top Officer Pay

76th percentile

$0

Higher top officer pay than 76% of similar nonprofits.

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

2023 filings • 501(c)12 • <$500k nonprofits • Source year 2023

Asset Growth

29th percentile

-5.4%

Faster asset growth than 29% of similar nonprofits.

2023 filings • 501(c)12 • <$500k nonprofits • Annualized from 2022 to 2023

Revenue Growth

48th percentile

2.7%

Faster revenue growth than 48% of similar nonprofits.

2023 filings • 501(c)12 • <$500k nonprofits • Annualized from 2022 to 2023

Balance Sheet
Liabilities / Assets52nd percentile

Assets

Down

$348,880

Down $19,825 (-5.4%) from 2022

Net Assets

Down

$345,410

Down $21,401 (-5.8%) from 2022

Liabilities

Up

$3,470

Up $1,576 (+83%) from 2022

Revenue And Expenses
Liabilities / Revenue59th percentileNet Margin12th percentile

Revenue

Up

$58,978

Up $1,562 (+2.7%) from 2022

Expenses

Down

$80,379

Down $14,822 (-16%) from 2022

Net Income

Up

-$21,401

Up $16,384 (+43%) from 2022

Historical Trend

Balance Sheet Trend

Asset Growth29th percentile

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

$600K$400K$200K$0Assets 2010: $505,372Liabilities 2010: $2,313Net Assets 2010: $503,0592010Assets 2011: $524,840Liabilities 2011: $2,014Net Assets 2011: $522,8262011Assets 2012: $545,793Liabilities 2012: $1,998Net Assets 2012: $543,7952012Assets 2013: $557,298Liabilities 2013: $2,005Net Assets 2013: $555,2932013Assets 2014: $569,708Liabilities 2014: $2,036Net Assets 2014: $567,6722014Assets 2015: $573,423Liabilities 2015: $1,991Net Assets 2015: $571,4322015Assets 2016: $563,660Liabilities 2016: $1,926Net Assets 2016: $561,7342016Assets 2017: $544,636Liabilities 2017: $1,843Net Assets 2017: $542,7932017Assets 2018: $519,531Liabilities 2018: $1,870Net Assets 2018: $517,6612018Assets 2019: $479,783Liabilities 2019: $1,813Net Assets 2019: $477,9702019Assets 2020: $434,890Liabilities 2020: $1,871Net Assets 2020: $433,0192020Assets 2021: $406,456Liabilities 2021: $1,860Net Assets 2021: $404,5962021Assets 2022: $368,705Liabilities 2022: $1,894Net Assets 2022: $366,8112022Assets 2023: $348,880Liabilities 2023: $3,470Net Assets 2023: $345,4102023Assets 2024: $320,660Liabilities 2024: $1,803Net Assets 2024: $318,8572024

Highlighted filing

2023

Assets$348,880
Liabilities$3,470
Net Assets$345,410
Open 2023 Filing

Operations Trend

Revenue Growth48th percentile

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

$150K$100K$50K$0-$50KExpenses 2010: $41,2302010Expenses 2011: $48,8512011Expenses 2012: $39,2882012Revenue 2013: $58,467Expenses 2013: $46,969Net Income 2013: $11,4982013Revenue 2014: $58,697Expenses 2014: $46,318Net Income 2014: $12,3792014Revenue 2015: $56,347Expenses 2015: $52,587Net Income 2015: $3,7602015Revenue 2016: $57,358Expenses 2016: $67,056Net Income 2016: -$9,6982016Revenue 2017: $53,782Expenses 2017: $72,723Net Income 2017: -$18,9412017Revenue 2018: $58,693Expenses 2018: $83,825Net Income 2018: -$25,1322018Revenue 2019: $54,403Expenses 2019: $94,094Net Income 2019: -$39,6912019Revenue 2020: $57,782Expenses 2020: $102,733Net Income 2020: -$44,9512020Revenue 2021: $57,510Expenses 2021: $85,933Net Income 2021: -$28,4232021Revenue 2022: $57,416Expenses 2022: $95,201Net Income 2022: -$37,7852022Revenue 2023: $58,978Expenses 2023: $80,379Net Income 2023: -$21,4012023Revenue 2024: $50,730Expenses 2024: $77,283Net Income 2024: -$26,5532024

Highlighted filing

2023

Revenue$58,978
Expenses$80,379
Net Income-$21,401
Open 2023 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2023 to Dec 31, 2023
Signed
Nov 4, 2024
Return Version
2023v5.0
Gross Receipts
$58,978
Mission and Program Overview

Mission

Provide water to rural residents

Balance Sheet Detail
LineBeginningEndChange
Assets
Savings and Temporary Cash Investments$295,998$298,940▲ $2,942
Land, Buildings, and Equipment, Net$72,035$49,815▼ $22,220
Cash and Non-Interest-Bearing Accounts$547--
Total Assets$368,705$348,880▼ $19,825
Other Assets Total$125$125→ $0
Liabilities
Other Liabilities$1,510$2,268▲ $758
Accounts Payable and Accrued Expenses$384$1,202▲ $818
Total Liabilities$1,894$3,470▲ $1,576
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$366,811$345,410▼ $21,401
Total Net Assets Fund Balance$366,811$345,410▼ $21,401
Total Liabilities and Net Assets / Fund Balance$368,705$348,880▼ $19,825

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$49,815$689,392$739,207
Buildings-$3,002$3,002
Other Land Buildings-$590$590
Compensation and Service Providers
Top Officer Pay76th percentile

Board Members and Trustees

NameTitle
Joel McmahenPresident
Chris MitchellBoard Member
Jason HughesBoard Member
Ken DaileyBoard Member
Steve TorresBoard Member
Tyler GosvenorBoard Member
William SmithBoard Member
Angela ShermanSecretary Tr
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$57,188
Investment Income
$1,790
Other Revenue
$0
Change in Net Assets
$-21,401
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$80,379
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
Depreciation Depletion$22,220--$22,220
All Other Expenses$6,218$3,687-$9,905
Other Expenses$4,832--$4,832
Office Expenses$2,386$1,024-$3,410
Fees for Services Accounting$1,279$1,828-$3,107
Travel$2,600--$2,600
Insurance$1,042--$1,042
Total Functional Expenses$73,840$6,539$0$80,379
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
Meter Deposits$1,235
Bank Overdraft$1,033
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
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 system was organized with members. All customers are members.”

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

“Officers and board of directors review the return prior to filing.”

Form 990, Page 6, Part VI, Line 19

“Tax return and financial statements are available upon request from memebers.”

Filing and Contact Details

Filer

Filer Name
Walkerville Water System Inc
EIN
71-0606131
Phone
8709041847
Address
P O BOX 184, EMERSON, AR 71740

Signing Officer

Name
Joel Mcmahen
Title
President
Phone
8706963501
Signed
2024-11-04

Organization Details

Principal Officer
Joel Mcmahen
Voting Board Members
8
Independent Board Members
8
Employees
0

Preparer

Firm
Wood and Wood Ltd
Address
519 N WASHINGTON, MAGNOLIA, AR 71753
Preparer
Walter D Wood
Phone
8702344343
Supplemental Narrative

Additional Explanations

Form 990, Part IX, Line 24E

“Contract meter readings 4,762 0 0 secretarial services 0 3,600 0 license, dues and subscri 902 0 0 lease/rental 500 0 0 bank charges 0 87 0 miscellaneous 54 0 0 total 6,218 3,687 0”

Raw XML Appendix302 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
IRS990/AccountantCompileOrReviewInd0true
IRS990/AccountsPayableAccrExpnssGrp/BOYAmt0384
IRS990/AccountsPayableAccrExpnssGrp/EOYAmt01202
IRS990/ActivitiesConductedPrtshpInd0false
IRS990/ActivityOrMissionDesc0PROVIDE WATER TO RURAL RESIDENTS
IRS990/AllOtherExpensesGrp/ManagementAndGeneralAmt03687
IRS990/AllOtherExpensesGrp/ProgramServicesAmt06218
IRS990/AllOtherExpensesGrp/TotalAmt09905
IRS990/AuditCommitteeInd0true
IRS990/BackupWthldComplianceInd0true
IRS990/BooksInCareOfDetail/PersonNm0JERRY WALKER
IRS990/BooksInCareOfDetail/PhoneNum08706963731
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt010920 HWY 19S
IRS990/BooksInCareOfDetail/USAddress/CityNm0EMERSON
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0AR
IRS990/BooksInCareOfDetail/USAddress/ZIPCd071740
IRS990/BusinessRlnWith35CtrlEntInd0false
IRS990/BusinessRlnWithFamMemInd0false
IRS990/BusinessRlnWithOrgMemInd0false
IRS990/CashNonInterestBearingGrp/BOYAmt0547
IRS990/ChangeToOrgDocumentsInd0false
IRS990/CollectionsOfArtInd0false
IRS990/CompensationFromOtherSrcsInd0false
IRS990/CompensationProcessCEOInd0false
IRS990/CompensationProcessOtherInd0false
IRS990/ConflictOfInterestPolicyInd0false
IRS990/ConservationEasementsInd0false
IRS990/ConsolidatedAuditFinclStmtInd0false
IRS990/CreditCounselingInd0false
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt00
IRS990/CYGrantsAndSimilarPaidAmt00
IRS990/CYInvestmentIncomeAmt01790
IRS990/CYOtherExpensesAmt080379
IRS990/CYOtherRevenueAmt00
IRS990/CYProgramServiceRevenueAmt057188
IRS990/CYRevenuesLessExpensesAmt0-21401
IRS990/CYSalariesCompEmpBnftPaidAmt00
IRS990/CYTotalExpensesAmt080379
IRS990/CYTotalFundraisingExpenseAmt00
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt058978
IRS990/DecisionsSubjectToApprovaInd0false
IRS990/DeductibleArtContributionInd0false
IRS990/DeductibleNonCashContriInd0false
IRS990/DelegationOfMgmtDutiesInd0false
IRS990/DepreciationDepletionGrp/ProgramServicesAmt022220
IRS990/DepreciationDepletionGrp/TotalAmt022220
IRS990/Desc0PROVIDE WATER SERVICE TO RURAL RESIDENTS
IRS990/DescribedInSection501c3Ind0false
IRS990/DisregardedEntityInd0false
IRS990/DocumentRetentionPolicyInd0false
IRS990/DonorAdvisedFundInd0false
IRS990/DonorRstrOrQuasiEndowmentsInd0false
IRS990/ElectionOfBoardMembersInd0false
IRS990/EmployeeCnt00
IRS990/ExpenseAmt073840
IRS990/FamilyOrBusinessRlnInd0false
IRS990/FederalGrantAuditRequiredInd0false
IRS990/FeesForServicesAccountingGrp/ManagementAndGeneralAmt01828
IRS990/FeesForServicesAccountingGrp/ProgramServicesAmt01279
IRS990/FeesForServicesAccountingGrp/TotalAmt03107
IRS990/ForeignActivitiesInd0false
IRS990/ForeignFinancialAccountInd0false
IRS990/ForeignOfficeInd0false
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd0X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd1X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd2X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd3X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd4X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd5X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd6X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd7X
IRS990/Form990PartVIISectionAGrp/OfficerInd0X
IRS990/Form990PartVIISectionAGrp/OfficerInd1X
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt00
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt10
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt20
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt30
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt40
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt50
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt60
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt70
IRS990/Form990PartVIISectionAGrp/PersonNm0KEN DAILEY
IRS990/Form990PartVIISectionAGrp/PersonNm1TYLER GOSVENOR
IRS990/Form990PartVIISectionAGrp/PersonNm2JASON HUGHES
IRS990/Form990PartVIISectionAGrp/PersonNm3JOEL MCMAHEN
IRS990/Form990PartVIISectionAGrp/PersonNm4CHRIS MITCHELL
IRS990/Form990PartVIISectionAGrp/PersonNm5ANGELA SHERMAN
IRS990/Form990PartVIISectionAGrp/PersonNm6WILLIAM SMITH
IRS990/Form990PartVIISectionAGrp/PersonNm7STEVE TORRES
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt70
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt70
IRS990/Form990PartVIISectionAGrp/TitleTxt0BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt1BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt2BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt3PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt4BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt5SECRETARY TR
IRS990/Form990PartVIISectionAGrp/TitleTxt6BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt7BOARD MEMBER
IRS990/Form990ProvidedToGvrnBodyInd0true
IRS990/FormerOfcrEmployeesListedInd0false
IRS990/FSAuditedInd0false
IRS990/FundraisingActivitiesInd0false
IRS990/GamingActivitiesInd0false
IRS990/GoverningBodyVotingMembersCnt08
IRS990/GrantsToIndividualsInd0false
IRS990/GrantsToOrganizationsInd0false
IRS990/GrantToRelatedPersonInd0false
IRS990/GrossReceiptsAmt058978
IRS990/GroupReturnForAffiliatesInd0false
IRS990/IncludeFIN48FootnoteInd0false
IRS990/IndependentAuditFinclStmtInd0false
IRS990/IndependentVotingMemberCnt08
IRS990/IndoorTanningServicesInd0false
IRS990/InfoInScheduleOPartIXInd0X
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InsuranceGrp/ProgramServicesAmt01042
IRS990/InsuranceGrp/TotalAmt01042
IRS990/InvestmentIncomeGrp/ExclusionAmt01790
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt01790
IRS990/InvestmentInJointVentureInd0false
IRS990/IRPDocumentCnt04
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt0692984
IRS990/LandBldgEquipBasisNetGrp/BOYAmt072035
IRS990/LandBldgEquipBasisNetGrp/EOYAmt049815
IRS990/LandBldgEquipCostOrOtherBssAmt0742799
IRS990/LoanOutstandingInd0false
IRS990/LocalChaptersInd0false
IRS990/MaterialDiversionOrMisuseInd0false
IRS990/MembersAndShrGrossIncomeAmt057188
IRS990/MembersOrStockholdersInd0true
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd0true
IRS990/MinutesOfGoverningBodyInd0true
IRS990/MissionDesc0PROVIDE WATER TO RURAL RESIDENTS
IRS990/MoreThan5000KToIndividualsInd0false
IRS990/MoreThan5000KToOrgInd0false
IRS990/NetAssetsOrFundBalancesBOYAmt0366811
IRS990/NetAssetsOrFundBalancesEOYAmt0345410
IRS990/NoDonorRestrictionNetAssetsGrp/BOYAmt0366811
IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt0345410
IRS990/NoListedPersonsCompensatedInd0X
IRS990/NondeductibleContributionsInd0false
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt01024
IRS990/OfficeExpensesGrp/ProgramServicesAmt02386
IRS990/OfficeExpensesGrp/TotalAmt03410
IRS990/OfficerMailingAddressInd0false
IRS990/OperateHospitalInd0false
IRS990/Organization501cInd0X
IRS990/OrganizationFollowsFASB117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt0125
IRS990/OtherAssetsTotalGrp/EOYAmt0125
IRS990/OtherExpensesGrp/Desc0CONTRACT SYSTEM REPAIR
IRS990/OtherExpensesGrp/Desc1SUPPLIES
IRS990/OtherExpensesGrp/Desc2UTILITIES
IRS990/OtherExpensesGrp/Desc3OUTSIDE SERVICES
IRS990/OtherExpensesGrp/ProgramServicesAmt020656
IRS990/OtherExpensesGrp/ProgramServicesAmt16489
IRS990/OtherExpensesGrp/ProgramServicesAmt26118
IRS990/OtherExpensesGrp/ProgramServicesAmt34832
IRS990/OtherExpensesGrp/TotalAmt020656
IRS990/OtherExpensesGrp/TotalAmt16489
IRS990/OtherExpensesGrp/TotalAmt26118
IRS990/OtherExpensesGrp/TotalAmt34832
IRS990/OtherLiabilitiesGrp/BOYAmt01510
IRS990/OtherLiabilitiesGrp/EOYAmt02268
IRS990/OtherSourcesGrossIncomeAmt01790
IRS990/PartialLiquidationInd0false
IRS990/PoliticalCampaignActyInd0false
IRS990/PrincipalOfficerNm0JOEL MCMAHEN
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgramServiceRevenueGrp/Desc0INCOME-WATER SALES
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt057188
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt057188
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYInvestmentIncomeAmt0368
IRS990/PYOtherExpensesAmt095201
IRS990/PYProgramServiceRevenueAmt057048
IRS990/PYRevenuesLessExpensesAmt0-37785
IRS990/PYTotalExpensesAmt095201
IRS990/PYTotalRevenueAmt057416
IRS990/ReconcilationRevenueExpnssAmt0-21401
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0true
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RevenueAmt057188
IRS990/SavingsAndTempCashInvstGrp/BOYAmt0295998
IRS990/SavingsAndTempCashInvstGrp/EOYAmt0298940
IRS990/ScheduleBRequiredInd0false
IRS990ScheduleD/BuildingsGrp/DepreciationAmt03002
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt03002
IRS990ScheduleD/EquipmentGrp/BookValueAmt049815
IRS990ScheduleD/EquipmentGrp/DepreciationAmt0689392
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt0739207
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt0590
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt0590
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt01235
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt11033
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0METER DEPOSITS
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc1BANK OVERDRAFT
IRS990ScheduleD/TotalBookValueLandBuildingsAmt049815
IRS990ScheduleD/TotalLiabilityAmt02268
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE SYSTEM WAS ORGANIZED WITH MEMBERS. ALL CUSTOMERS ARE MEMBERS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1OFFICERS AND BOARD OF DIRECTORS REVIEW THE RETURN PRIOR TO FILING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2TAX RETURN AND FINANCIAL STATEMENTS ARE AVAILABLE UPON REQUEST FROM MEMEBERS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3CONTRACT METER READINGS 4,762 0 0 SECRETARIAL SERVICES 0 3,600 0 LICENSE, DUES AND SUBSCRI 902 0 0 LEASE/RENTAL 500 0 0 BANK CHARGES 0 87 0 MISCELLANEOUS 54 0 0 TOTAL 6,218 3,687 0
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PAGE 6, PART VI, LINE 6
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PAGE 6, PART VI, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PAGE 6, PART VI, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART IX, LINE 24E
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/SubjectToExcsTaxNetInvstIncInd0false
IRS990/SubjectToProxyTaxInd0false
IRS990/SubjToTaxRmnrtnExPrchtPymtInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt0368705
IRS990/TotalAssetsEOYAmt0348880
IRS990/TotalAssetsGrp/BOYAmt0368705
IRS990/TotalAssetsGrp/EOYAmt0348880
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt06539
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt073840
IRS990/TotalFunctionalExpensesGrp/TotalAmt080379
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt01894
IRS990/TotalLiabilitiesEOYAmt03470
IRS990/TotalLiabilitiesGrp/BOYAmt01894
IRS990/TotalLiabilitiesGrp/EOYAmt03470
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0366811
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0345410
IRS990/TotalProgramServiceExpensesAmt073840
IRS990/TotalProgramServiceRevenueAmt057188
IRS990/TotalRevenueGrp/ExclusionAmt01790
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt057188
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt058978
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt0368705
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt0348880
IRS990/TravelGrp/ProgramServicesAmt02600
IRS990/TravelGrp/TotalAmt02600
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/UponRequestInd0X
IRS990/VotingMembersGoverningBodyCnt08
IRS990/VotingMembersIndependentCnt08
IRS990/WhistleblowerPolicyInd0false
ReturnHeader/BuildTS02024-10-15 13:58:12Z
ReturnHeader/BusinessOfficerGrp/PersonNm0JOEL MCMAHEN
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT
ReturnHeader/BusinessOfficerGrp/PhoneNum08706963501
ReturnHeader/BusinessOfficerGrp/SignatureDt02024-11-04
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0WALKERVILLE WATER SYSTEM INC
ReturnHeader/Filer/BusinessNameControlTxt0WALK
ReturnHeader/Filer/EIN0710606131
ReturnHeader/Filer/PhoneNum08709041847
ReturnHeader/Filer/USAddress/AddressLine1Txt0P O BOX 184
ReturnHeader/Filer/USAddress/CityNm0EMERSON
ReturnHeader/Filer/USAddress/StateAbbreviationCd0AR
ReturnHeader/Filer/USAddress/ZIPCd071740
ReturnHeader/IRSResponsiblePrtyInfoCurrInd0true
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0710538593
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0WOOD AND WOOD LTD
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0519 N WASHINGTON
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0MAGNOLIA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0AR
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd071753
ReturnHeader/PreparerPersonGrp/PhoneNum08702344343
ReturnHeader/PreparerPersonGrp/PreparationDt02024-11-04
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0WALTER D WOOD
ReturnHeader/ReturnTs02024-11-05T11:26:57-05:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02023-01-01
ReturnHeader/TaxPeriodEndDt02023-12-31
ReturnHeader/TaxYr02023

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2023 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$348,880
Liabilities
$3,470
Net assets
$345,410
Revenue
$58,978
Expenses
$80,379
Net income
-$21,401
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$3.21$0.02$3.19$0.51$0.77$0.27
2023Detailed filing. Detailed filing data is available for this year.$3.49$0.03$3.45$0.59$0.80$0.21
2022Detailed filing. Detailed filing data is available for this year.$3.69$0.02$3.67$0.57$0.95$0.38
2021Detailed filing. Detailed filing data is available for this year.$4.06$0.02$4.05$0.58$0.86$0.28
2020Detailed filing. Detailed filing data is available for this year.$4.35$0.02$4.33$0.58$1.03$0.45
2019Detailed filing. Detailed filing data is available for this year.$4.80$0.02$4.78$0.54$0.94$0.40
2018Detailed filing. Detailed filing data is available for this year.$5.20$0.02$5.18$0.59$0.84$0.25
2017Detailed filing. Detailed filing data is available for this year.$5.45$0.02$5.43$0.54$0.73$0.19
2016Detailed filing. Detailed filing data is available for this year.$5.64$0.02$5.62$0.57$0.67$0.10
2015Detailed filing. Detailed filing data is available for this year.$5.73$0.02$5.71$0.56$0.53$0.04
2014Detailed filing. Detailed filing data is available for this year.$5.70$0.02$5.68$0.59$0.46$0.12
2013Detailed filing. Detailed filing data is available for this year.$5.57$0.02$5.55$0.58$0.47$0.11
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$5.46$0.02$5.44$0.39
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$5.25$0.02$5.23$0.49
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$5.05$0.02$5.03$0.41