Civic Intelligence

Freedom Water Association

990 • Fiscal year 2015 • EIN 71-0682761

Jan 01, 2015 to Dec 31, 2015 • Filed on Apr 20, 2016

Organization ProfileN/A
PO Box 1109Mena, AR 71953

(479) 394-7500

Siviq Scores

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

Liabilities / Assets

41st percentile

0.21x

Higher debt load relative to assets than 41% of similar nonprofits.

2015 filings • 501(c)12 • $1M-$5M nonprofits • Source year 2015

Liabilities / Revenue

54th percentile

1.60x

Higher debt load relative to revenue than 54% of similar nonprofits.

2015 filings • 501(c)12 • $1M-$5M nonprofits • Source year 2015

Net Margin

23rd percentile

-9.7%

Higher net margin than 23% of similar nonprofits.

2015 filings • 501(c)12 • $1M-$5M nonprofits • Source year 2015

Top Officer Pay

62nd percentile

$0

Higher top officer pay than 62% of similar nonprofits.

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

2015 filings • 501(c)12 • $1M-$5M nonprofits • Source year 2015

Asset Growth

29th percentile

-2.4%

Faster asset growth than 29% of similar nonprofits.

2015 filings • 501(c)12 • $1M-$5M nonprofits • Annualized from 2014 to 2015

Revenue Growth

62nd percentile

5.1%

Faster revenue growth than 62% of similar nonprofits.

2015 filings • 501(c)12 • $1M-$5M nonprofits • Annualized from 2014 to 2015

Balance Sheet
Liabilities / Assets41st percentile

Assets

Down

$3,240,743

Down $78,301 (-2.4%) from 2014

Net Assets

Down

$2,559,634

Down $41,215 (-1.6%) from 2014

Liabilities

Down

$681,109

Down $37,086 (-5.2%) from 2014

Revenue And Expenses
Liabilities / Revenue54th percentileNet Margin23rd percentile

Revenue

Up

$425,380

Up $20,656 (+5.1%) from 2014

Expenses

Up

$466,595

Up $22,806 (+5.1%) from 2014

Net Income

Down

-$41,215

Down $2,150 (-5.5%) from 2014

Historical Trend

Balance Sheet Trend

Asset Growth29th percentile

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

$4.0M$3.0M$2.0M$1.0M$0Assets 2010: $3,703,643Liabilities 2010: $727,423Net Assets 2010: $2,976,2202010Assets 2011: $3,544,548Liabilities 2011: $701,432Net Assets 2011: $2,843,1162011Assets 2012: $3,419,817Liabilities 2012: $678,399Net Assets 2012: $2,741,4182012Assets 2013: $3,294,083Liabilities 2013: $654,169Net Assets 2013: $2,639,9142013Assets 2014: $3,319,044Liabilities 2014: $718,195Net Assets 2014: $2,600,8492014Assets 2015: $3,240,743Liabilities 2015: $681,109Net Assets 2015: $2,559,6342015Assets 2016: $3,183,944Liabilities 2016: $672,897Net Assets 2016: $2,511,0472016Assets 2017: $3,098,582Liabilities 2017: $623,048Net Assets 2017: $2,475,5342017Assets 2018: $2,985,476Liabilities 2018: $576,653Net Assets 2018: $2,408,8232018Assets 2019: $2,924,442Liabilities 2019: $551,464Net Assets 2019: $2,372,9782019Assets 2020: $2,832,426Liabilities 2020: $513,812Net Assets 2020: $2,318,6142020Assets 2021: $2,676,854Liabilities 2021: $492,789Net Assets 2021: $2,184,0652021Assets 2022: $2,592,915Liabilities 2022: $508,826Net Assets 2022: $2,084,0892022Assets 2023: $0Liabilities 2023: $0Net Assets 2023: $02023

Highlighted filing

2015

Assets$3,240,743
Liabilities$681,109
Net Assets$2,559,634
Open 2015 Filing

Operations Trend

Revenue Growth62nd percentile

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

$1.0M$500K$0-$500KExpenses 2010: $397,5592010Expenses 2011: $480,6392011Expenses 2012: $491,0062012Revenue 2013: $353,334Expenses 2013: $454,838Net Income 2013: -$101,5042013Revenue 2014: $404,724Expenses 2014: $443,789Net Income 2014: -$39,0652014Revenue 2015: $425,380Expenses 2015: $466,595Net Income 2015: -$41,2152015Revenue 2016: $450,073Expenses 2016: $498,660Net Income 2016: -$48,5872016Revenue 2017: $456,915Expenses 2017: $492,428Net Income 2017: -$35,5132017Revenue 2018: $470,562Expenses 2018: $537,273Net Income 2018: -$66,7112018Revenue 2019: $456,575Expenses 2019: $492,420Net Income 2019: -$35,8452019Revenue 2020: $459,538Expenses 2020: $513,902Net Income 2020: -$54,3642020Revenue 2021: $494,540Expenses 2021: $629,089Net Income 2021: -$134,5492021Revenue 2022: $603,464Expenses 2022: $703,440Net Income 2022: -$99,9762022Revenue 2023: $298,301Expenses 2023: $303,170Net Income 2023: -$4,8692023

Highlighted filing

2015

Revenue$425,380
Expenses$466,595
Net Income-$41,215
Open 2015 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2015 to Dec 31, 2015
Signed
Apr 20, 2016
Return Version
2015v2.1
Gross Receipts
$425,380
Mission and Program Overview

Mission

Provide water to rural areas in and around mena, arkansas

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$3,099,857$3,111,700▲ $11,843
Other Notes and Loans Receivable, Net$100,000--
Savings and Temporary Cash Investments$60,261$67,156▲ $6,895
Accounts Receivable$28,480$30,635▲ $2,155
Cash and Non-Interest-Bearing Accounts$16,803$19,923▲ $3,120
Inventories for Sale or Use$13,643$11,329▼ $2,314
Total Assets$3,319,044$3,240,743▼ $78,301
Liabilities
Mortgage Notes Payable Secured by Investment Property$640,433$599,691▼ $40,742
Other Liabilities$55,563$58,051▲ $2,488
Accounts Payable and Accrued Expenses$22,199$23,367▲ $1,168
Total Liabilities$718,195$681,109▼ $37,086
Net Assets / Fund Balance
Unrestricted Net Assets$2,600,849$2,559,634▼ $41,215
Total Net Assets Fund Balance$2,600,849$2,559,634▼ $41,215
Total Liabilities and Net Assets / Fund Balance$3,319,044$3,240,743▼ $78,301

Asset Categories

AssetBook ValueDepreciationBasis
Other Land Buildings$3,087,836$1,556,172$4,644,008
Equipment$3,325$43,966$47,291
Buildings$14,676$14,112$28,788
Land$5,863-$5,863
Compensation and Service Providers
Top Officer Pay62nd percentile

Board Members and Trustees

NameTitle
John DavenportPresident
Grady WildsDirector
Mary Joe CrawfordDirector
Steve HubbardDirector
Wingo JohnsonDirector
Randall WhortonSecretary/tr
Jeff MontgomeryVice Preside
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$419,980
Investment Income
$86
Other Revenue
$5,314
Change in Net Assets
$-41,215

Audited Revenue Reconciliation

Revenue per Audited Statements
$425,380
Total Revenue per Audited Statements
$425,380
Total Revenue per Form 990
$425,380
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$386,148
Salaries, Compensation, and Employee Benefits$80,447
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Depreciation Depletion$126,814--$126,814
Other Salaries and Wages$74,407--$74,407
Interest$28,017--$28,017
Occupancy$14,568--$14,568
All Other Expenses$12,600--$12,600
Office Expenses$8,349--$8,349
Insurance$7,549--$7,549
Payroll Taxes$6,040--$6,040
Other Expenses$5,983--$5,983
Fees for Services Accounting$3,538--$3,538
Advertising$216--$216
Total Functional Expenses$466,595$0$0$466,595

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$466,595
Total Expenses per Audited Statements$466,595
Total Expenses per Form 990$466,595
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$58,051
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Backup withholding compliance
Yes
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
No
Management duties delegated
No

Governance Explanations

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

“Governing body officials are elected at an annual meeting”

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

“Prior to submission, the form 990 is reviewed by the board”

Form 990, Page 6, Part VI, Line 12C

“Annually, the board is required to re-examine and disclose any possible co nflicts of interest.”

Form 990, Page 6, Part VI, Line 19

“The form 990 and audit are avaialable upon request by members of the assoc iation”

Filing and Contact Details

Filer

Filer Name
Freedom Water Association
EIN
71-0682761
Phone
4793947500
Address
PO BOX 1109, MENA, AR 71953

Signing Officer

Name
John Davenport
Title
President
Phone
4793947500
Signed
2016-04-20
Discuss with paid preparer
Yes

Organization Details

Principal Officer
John Davenport
Formed
1987
Legal Domicile
Ar
Voting Board Members
7
Independent Board Members
7
Employees
2

Preparer

Firm
Przybysz & Associates Cpas Pc
Address
4200 JENNY LIND RD STE B, FORT SMITH, AR 72901
Preparer
Marc Lux CPA
Phone
4796490888
Supplemental Narrative

Financial Statement Notes

Schedule D, Page 3, Part X

“Generally accepted accounting principles require tax effects from an uncertain tax position to be recognized in the financial statements only if the position is more likely than not to be sustained if the position were to be challenged by a taxing authority. The assessment of the tax position is based solely on the technical merits of the position, without regard to the likelihood that the tax position may be challenged. If an uncertain tax position meets the more-likely-than-not threshold, the largest amount of tax benefit that is greater than 50% likely to be recognized upon ultimate settlement with the taxing authority is recorded. The association's primary tax positions relate to its status as a not-for-profit entity exempt from income taxes and classification of activities related to its exempt purpose. Management has evaluated the tax positions reflected in the association's tax filings and does not believe that any material uncertain tax positions exist.”

Raw XML Appendix339 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/AccountantCompileOrReviewInd0false
IRS990/AccountsPayableAccrExpnssGrp/BOYAmt022199
IRS990/AccountsPayableAccrExpnssGrp/EOYAmt023367
IRS990/AccountsReceivableGrp/BOYAmt028480
IRS990/AccountsReceivableGrp/EOYAmt030635
IRS990/ActivitiesConductedPrtshpInd0false
IRS990/ActivityOrMissionDesc0PROVIDE WATER TO RURAL AREAS IN AND AROUND MENA, ARKANSAS
IRS990/AdvertisingGrp/ProgramServicesAmt0216
IRS990/AdvertisingGrp/TotalAmt0216
IRS990/AllOtherExpensesGrp/ProgramServicesAmt012600
IRS990/AllOtherExpensesGrp/TotalAmt012600
IRS990/AnnualDisclosureCoveredPrsnInd0true
IRS990/AuditCommitteeInd0true
IRS990/BackupWthldComplianceInd0true
IRS990/BooksInCareOfDetail/PersonNm0THE ORGANIZATION
IRS990/BooksInCareOfDetail/PhoneNum04793947500
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt04063 HWY 375 WEST
IRS990/BooksInCareOfDetail/USAddress/CityNm0MENA
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0AR
IRS990/BooksInCareOfDetail/USAddress/ZIPCd071953
IRS990/BusinessRlnWithFamMemInd0false
IRS990/BusinessRlnWithOfficerEntInd0false
IRS990/BusinessRlnWithOrgMemInd0false
IRS990/CashNonInterestBearingGrp/BOYAmt016803
IRS990/CashNonInterestBearingGrp/EOYAmt019923
IRS990/ChangeToOrgDocumentsInd0false
IRS990/CollectionsOfArtInd0false
IRS990/CompensationFromOtherSrcsInd0false
IRS990/CompensationProcessCEOInd0false
IRS990/CompensationProcessOtherInd0false
IRS990/ConflictOfInterestPolicyInd0true
IRS990/ConservationEasementsInd0false
IRS990/ConsolidatedAuditFinclStmtInd0false
IRS990/CreditCounselingInd0false
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt00
IRS990/CYGrantsAndSimilarPaidAmt00
IRS990/CYInvestmentIncomeAmt086
IRS990/CYOtherExpensesAmt0386148
IRS990/CYOtherRevenueAmt05314
IRS990/CYProgramServiceRevenueAmt0419980
IRS990/CYRevenuesLessExpensesAmt0-41215
IRS990/CYSalariesCompEmpBnftPaidAmt080447
IRS990/CYTotalExpensesAmt0466595
IRS990/CYTotalFundraisingExpenseAmt00
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt0425380
IRS990/DecisionsSubjectToApprovaInd0false
IRS990/DeductibleArtContributionInd0false
IRS990/DeductibleNonCashContriInd0false
IRS990/DelegationOfMgmtDutiesInd0false
IRS990/DepreciationDepletionGrp/ProgramServicesAmt0126814
IRS990/DepreciationDepletionGrp/TotalAmt0126814
IRS990/Desc0PROVIDE WATER TO THE RURAL AREAS IN AND AROUND MENA, ARKANSAS
IRS990/DescribedInSection501c3Ind0false
IRS990/DisregardedEntityInd0false
IRS990/DocumentRetentionPolicyInd0false
IRS990/DonorAdvisedFundInd0false
IRS990/ElectionOfBoardMembersInd0true
IRS990/EmployeeCnt02
IRS990/EmploymentTaxReturnsFiledInd0true
IRS990/ExpenseAmt0466595
IRS990/FamilyOrBusinessRlnInd0false
IRS990/FeesForServicesAccountingGrp/ProgramServicesAmt03538
IRS990/FeesForServicesAccountingGrp/TotalAmt03538
IRS990/ForeignActivitiesInd0false
IRS990/ForeignFinancialAccountInd0false
IRS990/ForeignOfficeInd0false
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt01.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt11.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt21.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt31.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt41.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt51.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt61.00
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd0X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd1X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd2X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd3X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd4X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd5X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd6X
IRS990/Form990PartVIISectionAGrp/OfficerInd0X
IRS990/Form990PartVIISectionAGrp/OfficerInd1X
IRS990/Form990PartVIISectionAGrp/OfficerInd2X
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt00
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt10
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt20
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt30
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt40
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt50
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt60
IRS990/Form990PartVIISectionAGrp/PersonNm0JOHN DAVENPORT
IRS990/Form990PartVIISectionAGrp/PersonNm1MARY JOE CRAWFORD
IRS990/Form990PartVIISectionAGrp/PersonNm2JEFF MONTGOMERY
IRS990/Form990PartVIISectionAGrp/PersonNm3RANDALL WHORTON
IRS990/Form990PartVIISectionAGrp/PersonNm4STEVE HUBBARD
IRS990/Form990PartVIISectionAGrp/PersonNm5WINGO JOHNSON
IRS990/Form990PartVIISectionAGrp/PersonNm6GRADY WILDS
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt60
IRS990/Form990PartVIISectionAGrp/TitleTxt0PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt1DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt2VICE PRESIDE
IRS990/Form990PartVIISectionAGrp/TitleTxt3SECRETARY/TR
IRS990/Form990PartVIISectionAGrp/TitleTxt4DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt5DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt6DIRECTOR
IRS990/Form990ProvidedToGvrnBodyInd0true
IRS990/FormationYr01987
IRS990/FormerOfcrEmployeesListedInd0false
IRS990/FSAuditedBasisGrp/SeparateBasisFinclStmtInd0X
IRS990/FSAuditedInd0true
IRS990/FundraisingActivitiesInd0false
IRS990/GamingActivitiesInd0false
IRS990/GoverningBodyVotingMembersCnt07
IRS990/GrantsToIndividualsInd0false
IRS990/GrantsToOrganizationsInd0false
IRS990/GrantToRelatedPersonInd0false
IRS990/GrossReceiptsAmt0425380
IRS990/GroupReturnForAffiliatesInd0false
IRS990/IncludeFIN48FootnoteInd0true
IRS990/IndependentAuditFinclStmtInd0true
IRS990/IndependentVotingMemberCnt07
IRS990/IndoorTanningServicesInd0false
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InsuranceGrp/ProgramServicesAmt07549
IRS990/InsuranceGrp/TotalAmt07549
IRS990/InterestGrp/ProgramServicesAmt028017
IRS990/InterestGrp/TotalAmt028017
IRS990/InventoriesForSaleOrUseGrp/BOYAmt013643
IRS990/InventoriesForSaleOrUseGrp/EOYAmt011329
IRS990/InvestmentIncomeGrp/ExclusionAmt086
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt086
IRS990/InvestmentInJointVentureInd0false
IRS990/IRPDocumentCnt03
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt01614250
IRS990/LandBldgEquipBasisNetGrp/BOYAmt03099857
IRS990/LandBldgEquipBasisNetGrp/EOYAmt03111700
IRS990/LandBldgEquipCostOrOtherBssAmt04725950
IRS990/LegalDomicileStateCd0AR
IRS990/LoanOutstandingInd0false
IRS990/LocalChaptersInd0false
IRS990/MaterialDiversionOrMisuseInd0false
IRS990/MembersOrStockholdersInd0false
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd0true
IRS990/MinutesOfGoverningBodyInd0true
IRS990/MissionDesc0PROVIDE WATER TO RURAL AREAS IN AND AROUND MENA, ARKANSAS
IRS990/MoreThan5000KToIndividualsInd0false
IRS990/MoreThan5000KToOrgInd0false
IRS990/MortgNotesPyblScrdInvstPropGrp/BOYAmt0640433
IRS990/MortgNotesPyblScrdInvstPropGrp/EOYAmt0599691
IRS990/NetAssetsOrFundBalancesBOYAmt02600849
IRS990/NetAssetsOrFundBalancesEOYAmt02559634
IRS990/NoListedPersonsCompensatedInd0X
IRS990/NondeductibleContributionsInd0false
IRS990/OccupancyGrp/ProgramServicesAmt014568
IRS990/OccupancyGrp/TotalAmt014568
IRS990/OfficeExpensesGrp/ProgramServicesAmt08349
IRS990/OfficeExpensesGrp/TotalAmt08349
IRS990/OfficerMailingAddressInd0false
IRS990/OperateHospitalInd0false
IRS990/Organization501cInd0X
IRS990/OrganizationFollowsSFAS117Ind0X
IRS990/OtherExpensesGrp/Desc0WATER PURCHASES
IRS990/OtherExpensesGrp/Desc1SUPPLIES/PARTS
IRS990/OtherExpensesGrp/Desc2REPAIRS & MAINTENANCE
IRS990/OtherExpensesGrp/Desc3CONTRACT LABOR
IRS990/OtherExpensesGrp/ProgramServicesAmt0154628
IRS990/OtherExpensesGrp/ProgramServicesAmt115397
IRS990/OtherExpensesGrp/ProgramServicesAmt28489
IRS990/OtherExpensesGrp/ProgramServicesAmt35983
IRS990/OtherExpensesGrp/TotalAmt0154628
IRS990/OtherExpensesGrp/TotalAmt115397
IRS990/OtherExpensesGrp/TotalAmt28489
IRS990/OtherExpensesGrp/TotalAmt35983
IRS990/OtherLiabilitiesGrp/BOYAmt055563
IRS990/OtherLiabilitiesGrp/EOYAmt058051
IRS990/OtherRevenueMiscGrp/Desc0OTHER INCOME
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt05314
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt05314
IRS990/OtherRevenueTotalAmt05314
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt074407
IRS990/OtherSalariesAndWagesGrp/TotalAmt074407
IRS990/OthNotesLoansReceivableNetGrp/BOYAmt0100000
IRS990/PartialLiquidationInd0false
IRS990/PayrollTaxesGrp/ProgramServicesAmt06040
IRS990/PayrollTaxesGrp/TotalAmt06040
IRS990/PoliticalCampaignActyInd0false
IRS990/PrincipalOfficerNm0JOHN DAVENPORT
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgramServiceRevenueGrp/Desc0WATER SALES
IRS990/ProgramServiceRevenueGrp/Desc1LATE CHARGES
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt0405694
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt114286
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt0405694
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt114286
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYInvestmentIncomeAmt071
IRS990/PYOtherExpensesAmt0369200
IRS990/PYOtherRevenueAmt06699
IRS990/PYProgramServiceRevenueAmt0397954
IRS990/PYRevenuesLessExpensesAmt0-39065
IRS990/PYSalariesCompEmpBnftPaidAmt074589
IRS990/PYTotalExpensesAmt0443789
IRS990/PYTotalRevenueAmt0404724
IRS990/ReconcilationRevenueExpnssAmt0-41215
IRS990/RegularMonitoringEnfrcInd0true
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0true
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RevenueAmt0419980
IRS990/SavingsAndTempCashInvstGrp/BOYAmt060261
IRS990/SavingsAndTempCashInvstGrp/EOYAmt067156
IRS990/ScheduleBRequiredInd0false
IRS990ScheduleD/BuildingsGrp/BookValueAmt014676
IRS990ScheduleD/BuildingsGrp/DepreciationAmt014112
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt028788
IRS990ScheduleD/EquipmentGrp/BookValueAmt03325
IRS990ScheduleD/EquipmentGrp/DepreciationAmt043966
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt047291
IRS990ScheduleD/ExpensesSubtotalAmt0466595
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/LandGrp/BookValueAmt05863
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt05863
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt03087836
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt01556172
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt04644008
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt058051
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0METER DEPOSITS
IRS990ScheduleD/RevenueSubtotalAmt0425380
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0GENERALLY ACCEPTED ACCOUNTING PRINCIPLES REQUIRE TAX EFFECTS FROM AN UNCERTAIN TAX POSITION TO BE RECOGNIZED IN THE FINANCIAL STATEMENTS ONLY IF THE POSITION IS MORE LIKELY THAN NOT TO BE SUSTAINED IF THE POSITION WERE TO BE CHALLENGED BY A TAXING AUTHORITY. THE ASSESSMENT OF THE TAX POSITION IS BASED SOLELY ON THE TECHNICAL MERITS OF THE POSITION, WITHOUT REGARD TO THE LIKELIHOOD THAT THE TAX POSITION MAY BE CHALLENGED. IF AN UNCERTAIN TAX POSITION MEETS THE MORE-LIKELY-THAN-NOT THRESHOLD, THE LARGEST AMOUNT OF TAX BENEFIT THAT IS GREATER THAN 50% LIKELY TO BE RECOGNIZED UPON ULTIMATE SETTLEMENT WITH THE TAXING AUTHORITY IS RECORDED. THE ASSOCIATION'S PRIMARY TAX POSITIONS RELATE TO ITS STATUS AS A NOT-FOR-PROFIT ENTITY EXEMPT FROM INCOME TAXES AND CLASSIFICATION OF ACTIVITIES RELATED TO ITS EXEMPT PURPOSE. MANAGEMENT HAS EVALUATED THE TAX POSITIONS REFLECTED IN THE ASSOCIATION'S TAX FILINGS AND DOES NOT BELIEVE THAT ANY MATERIAL UNCERTAIN TAX POSITIONS EXIST.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0SCHEDULE D, PAGE 3, PART X
IRS990ScheduleD/TotalBookValueLandBuildingsAmt03111700
IRS990ScheduleD/TotalExpensesPerForm990Amt0466595
IRS990ScheduleD/TotalLiabilityAmt058051
IRS990ScheduleD/TotalRevenuePerForm990Amt0425380
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt0425380
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt0466595
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0GOVERNING BODY OFFICIALS ARE ELECTED AT AN ANNUAL MEETING
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1PRIOR TO SUBMISSION, THE FORM 990 IS REVIEWED BY THE BOARD
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2ANNUALLY, THE BOARD IS REQUIRED TO RE-EXAMINE AND DISCLOSE ANY POSSIBLE CO NFLICTS OF INTEREST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THE FORM 990 AND AUDIT ARE AVAIALABLE UPON REQUEST BY MEMBERS OF THE ASSOC IATION
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PAGE 6, PART VI, LINE 7A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PAGE 6, PART VI, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PAGE 6, PART VI, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PAGE 6, PART VI, LINE 19
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/SubjectToProxyTaxInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TempOrPermanentEndowmentsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt03319044
IRS990/TotalAssetsEOYAmt03240743
IRS990/TotalAssetsGrp/BOYAmt03319044
IRS990/TotalAssetsGrp/EOYAmt03240743
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalEmployeeCnt02
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt00
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0466595
IRS990/TotalFunctionalExpensesGrp/TotalAmt0466595
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt0718195
IRS990/TotalLiabilitiesEOYAmt0681109
IRS990/TotalLiabilitiesGrp/BOYAmt0718195
IRS990/TotalLiabilitiesGrp/EOYAmt0681109
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt02600849
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt02559634
IRS990/TotalProgramServiceExpensesAmt0466595
IRS990/TotalProgramServiceRevenueAmt0419980
IRS990/TotalRevenueGrp/ExclusionAmt086
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt0425294
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0425380
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt03319044
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt03240743
IRS990/TypeOfOrganizationAssocInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/UnrestrictedNetAssetsGrp/BOYAmt02600849
IRS990/UnrestrictedNetAssetsGrp/EOYAmt02559634
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt0322 POLK RD 121
IRS990/USAddress/CityNm0MENA
IRS990/USAddress/StateAbbreviationCd0AR
IRS990/USAddress/ZIPCd071953
IRS990/VotingMembersGoverningBodyCnt07
IRS990/VotingMembersIndependentCnt07
IRS990/WhistleblowerPolicyInd0false
ReturnHeader/BuildTS02016-09-27 15:27:22Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0JOHN DAVENPORT
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT
ReturnHeader/BusinessOfficerGrp/PhoneNum04793947500
ReturnHeader/BusinessOfficerGrp/SignatureDt02016-04-20
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0FREEDOM WATER ASSOCIATION
ReturnHeader/Filer/BusinessNameControlTxt0FREE
ReturnHeader/Filer/EIN0710682761
ReturnHeader/Filer/PhoneNum04793947500
ReturnHeader/Filer/USAddress/AddressLine1Txt0PO BOX 1109
ReturnHeader/Filer/USAddress/CityNm0MENA
ReturnHeader/Filer/USAddress/StateAbbreviationCd0AR
ReturnHeader/Filer/USAddress/ZIPCd071953
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0202759879
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0PRZYBYSZ & ASSOCIATES CPAS PC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt04200 JENNY LIND RD STE B
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0FORT SMITH
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0AR
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd072901
ReturnHeader/PreparerPersonGrp/PhoneNum04796490888
ReturnHeader/PreparerPersonGrp/PreparationDt02016-04-20
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0MARC LUX CPA
ReturnHeader/ReturnTs02016-04-20T10:32:20-05:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02015-01-01
ReturnHeader/TaxPeriodEndDt02015-12-31
ReturnHeader/TaxYr02015

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2015 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$3,240,743
Liabilities
$681,109
Net assets
$2,559,634
Revenue
$425,380
Expenses
$466,595
Net income
-$41,215
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2023Detailed filing. Detailed filing data is available for this year.$0.00$0.00$0.00$0.30$0.30$0.00
2022Detailed filing. Detailed filing data is available for this year.$2.59$0.51$2.08$0.60$0.70$0.10
2021Detailed filing. Detailed filing data is available for this year.$2.68$0.49$2.18$0.49$0.63$0.13
2020Detailed filing. Detailed filing data is available for this year.$2.83$0.51$2.32$0.46$0.51$0.05
2019Detailed filing. Detailed filing data is available for this year.$2.92$0.55$2.37$0.46$0.49$0.04
2018Detailed filing. Detailed filing data is available for this year.$2.99$0.58$2.41$0.47$0.54$0.07
2017Detailed filing. Detailed filing data is available for this year.$3.10$0.62$2.48$0.46$0.49$0.04
2016Detailed filing. Detailed filing data is available for this year.$3.18$0.67$2.51$0.45$0.50$0.05
2015Detailed filing. Detailed filing data is available for this year.$3.24$0.68$2.56$0.43$0.47$0.04
2014Detailed filing. Detailed filing data is available for this year.$3.32$0.72$2.60$0.40$0.44$0.04
2013Detailed filing. Detailed filing data is available for this year.$3.29$0.65$2.64$0.35$0.45$0.10
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$3.42$0.68$2.74$0.49
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$3.54$0.70$2.84$0.48
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$3.70$0.73$2.98$0.40