Civic Intelligence

Freedom Water Association

990 • Fiscal year 2017 • EIN 71-0682761

Jan 01, 2017 to Dec 31, 2017 • Filed on Jun 20, 2018

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

42nd percentile

0.20x

Higher debt load relative to assets than 42% of similar nonprofits.

2017 filings • 501(c)12 • $1M-$5M nonprofits • Source year 2017

Liabilities / Revenue

53rd percentile

1.36x

Higher debt load relative to revenue than 53% of similar nonprofits.

2017 filings • 501(c)12 • $1M-$5M nonprofits • Source year 2017

Net Margin

22nd percentile

-7.8%

Higher net margin than 22% of similar nonprofits.

2017 filings • 501(c)12 • $1M-$5M nonprofits • Source year 2017

Top Officer Pay

61st percentile

$0

Higher top officer pay than 61% of similar nonprofits.

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

2017 filings • 501(c)12 • $1M-$5M nonprofits • Source year 2017

Asset Growth

23rd percentile

-2.7%

Faster asset growth than 23% of similar nonprofits.

2017 filings • 501(c)12 • $1M-$5M nonprofits • Annualized from 2016 to 2017

Revenue Growth

47th percentile

1.5%

Faster revenue growth than 47% of similar nonprofits.

2017 filings • 501(c)12 • $1M-$5M nonprofits • Annualized from 2016 to 2017

Balance Sheet
Liabilities / Assets42nd percentile

Assets

Down

$3,098,582

Down $85,362 (-2.7%) from 2016

Net Assets

Down

$2,475,534

Down $35,513 (-1.4%) from 2016

Liabilities

Down

$623,048

Down $49,849 (-7.4%) from 2016

Revenue And Expenses
Liabilities / Revenue53rd percentileNet Margin22nd percentile

Revenue

Up

$456,915

Up $6,842 (+1.5%) from 2016

Expenses

Down

$492,428

Down $6,232 (-1.2%) from 2016

Net Income

Up

-$35,513

Up $13,074 (+27%) from 2016

Historical Trend

Balance Sheet Trend

Asset Growth23rd 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

2017

Assets$3,098,582
Liabilities$623,048
Net Assets$2,475,534
Open 2017 Filing

Operations Trend

Revenue Growth47th 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

2017

Revenue$456,915
Expenses$492,428
Net Income-$35,513
Open 2017 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2017 to Dec 31, 2017
Signed
Jun 20, 2018
Return Version
2017v2.3
Gross Receipts
$456,915
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$3,027,964$2,891,380▼ $136,584
Savings and Temporary Cash Investments$84,300$121,664▲ $37,364
Cash and Non-Interest-Bearing Accounts$27,060$39,490▲ $12,430
Accounts Receivable$31,592$31,286▼ $306
Inventories for Sale or Use$13,028$14,762▲ $1,734
Total Assets$3,183,944$3,098,582▼ $85,362
Liabilities
Mortgage Notes Payable Secured by Investment Property$587,979$534,118▼ $53,861
Other Liabilities$61,679$65,757▲ $4,078
Accounts Payable and Accrued Expenses$23,239$23,173▼ $66
Total Liabilities$672,897$623,048▼ $49,849
Net Assets / Fund Balance
Unrestricted Net Assets$2,511,047$2,475,534▼ $35,513
Total Net Assets Fund Balance$2,511,047$2,475,534▼ $35,513
Total Liabilities and Net Assets / Fund Balance$3,183,944$3,098,582▼ $85,362

Asset Categories

AssetBook ValueDepreciationBasis
Other Land Buildings$2,828,370$1,815,638$4,644,008
Equipment$44,775$46,374$91,149
Buildings$12,372$16,416$28,788
Land$5,863-$5,863
Compensation and Service Providers
Top Officer Pay61st percentile

Board Members and Trustees

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

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$453,623
Investment Income
$136
Other Revenue
$3,156
Change in Net Assets
$-35,513

Audited Revenue Reconciliation

Revenue per Audited Statements
$456,915
Total Revenue per Audited Statements
$456,915
Total Revenue per Form 990
$456,915
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$405,208
Salaries, Compensation, and Employee Benefits$87,220
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Depreciation Depletion$141,997--$141,997
Other Salaries and Wages$80,855--$80,855
Interest$25,361--$25,361
Insurance$9,580--$9,580
All Other Expenses$7,693--$7,693
Office Expenses$6,926--$6,926
Occupancy$6,445--$6,445
Payroll Taxes$6,365--$6,365
Other Expenses$5,103--$5,103
Fees for Services Accounting$3,569--$3,569
Advertising$112--$112
Total Functional Expenses$492,428$0$0$492,428

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$492,428
Total Expenses per Audited Statements$492,428
Total Expenses per Form 990$492,428
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$65,757
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
2018-06-20
Discuss with paid preparer
Yes

Organization Details

Principal Officer
John Davenport
Formed
1987
Legal Domicile
Ar
Voting Board Members
6
Independent Board Members
6
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. The association has analyzed its tax positions taken for filings with the internal revenue service. It believes that its filing positions will be sustained upon examination and does not anticipate any adjustments that would result in a material adverse effect on its financial condition, results of operations, or cash flows. The association's tax years for 2015, 2016 and 2017 are subject to examination by the internal revenue service as of december 31, 2017.”

Raw XML Appendix341 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/BOYAmt023239
IRS990/AccountsPayableAccrExpnssGrp/EOYAmt023173
IRS990/AccountsReceivableGrp/BOYAmt031592
IRS990/AccountsReceivableGrp/EOYAmt031286
IRS990/ActivitiesConductedPrtshpInd0false
IRS990/ActivityOrMissionDesc0PROVIDE WATER TO RURAL AREAS IN AND AROUND MENA, ARKANSAS
IRS990/AdvertisingGrp/ProgramServicesAmt0112
IRS990/AdvertisingGrp/TotalAmt0112
IRS990/AllOtherExpensesGrp/ProgramServicesAmt07693
IRS990/AllOtherExpensesGrp/TotalAmt07693
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/BOYAmt027060
IRS990/CashNonInterestBearingGrp/EOYAmt039490
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/CYInvestmentIncomeAmt0136
IRS990/CYOtherExpensesAmt0405208
IRS990/CYOtherRevenueAmt03156
IRS990/CYProgramServiceRevenueAmt0453623
IRS990/CYRevenuesLessExpensesAmt0-35513
IRS990/CYSalariesCompEmpBnftPaidAmt087220
IRS990/CYTotalExpensesAmt0492428
IRS990/CYTotalFundraisingExpenseAmt00
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt0456915
IRS990/DecisionsSubjectToApprovaInd0false
IRS990/DeductibleArtContributionInd0false
IRS990/DeductibleNonCashContriInd0false
IRS990/DelegationOfMgmtDutiesInd0false
IRS990/DepreciationDepletionGrp/ProgramServicesAmt0141997
IRS990/DepreciationDepletionGrp/TotalAmt0141997
IRS990/Desc0PROVIDE WATER TO RURAL AREAS IN AND AROUND MENA, ARKANSAS
IRS990/DescribedInSection501c3Ind0false
IRS990/DisregardedEntityInd0false
IRS990/DocumentRetentionPolicyInd0false
IRS990/DonorAdvisedFundInd0false
IRS990/ElectionOfBoardMembersInd0true
IRS990/EmployeeCnt02
IRS990/EmploymentTaxReturnsFiledInd0true
IRS990/ExpenseAmt0492428
IRS990/FamilyOrBusinessRlnInd0false
IRS990/FeesForServicesAccountingGrp/ProgramServicesAmt03569
IRS990/FeesForServicesAccountingGrp/TotalAmt03569
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/IndividualTrusteeOrDirectorInd0X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd1X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd2X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd3X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd4X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd5X
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/PersonNm0JOHN DAVENPORT
IRS990/Form990PartVIISectionAGrp/PersonNm1MARY JOE CRAWFORD
IRS990/Form990PartVIISectionAGrp/PersonNm2JEFF MONTGOMERY
IRS990/Form990PartVIISectionAGrp/PersonNm3RANDALL WHORTON
IRS990/Form990PartVIISectionAGrp/PersonNm4WINGO JOHNSON
IRS990/Form990PartVIISectionAGrp/PersonNm5GRADY WILDS
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt50
IRS990/Form990PartVIISectionAGrp/TitleTxt0PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt1DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt2VICE PRESIDE
IRS990/Form990PartVIISectionAGrp/TitleTxt3SECRETARY/TR
IRS990/Form990PartVIISectionAGrp/TitleTxt4DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt5DIRECTOR
IRS990/Form990ProvidedToGvrnBodyInd0true
IRS990/FormationYr01987
IRS990/FormerOfcrEmployeesListedInd0false
IRS990/FSAuditedBasisGrp/ConsolidatedBasisFinclStmtInd0X
IRS990/FSAuditedInd0true
IRS990/FundraisingActivitiesInd0false
IRS990/GamingActivitiesInd0false
IRS990/GoverningBodyVotingMembersCnt06
IRS990/GrantsToIndividualsInd0false
IRS990/GrantsToOrganizationsInd0false
IRS990/GrantToRelatedPersonInd0false
IRS990/GrossReceiptsAmt0456915
IRS990/GroupReturnForAffiliatesInd0false
IRS990/IncludeFIN48FootnoteInd0true
IRS990/IndependentAuditFinclStmtInd0true
IRS990/IndependentVotingMemberCnt06
IRS990/IndoorTanningServicesInd0false
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InsuranceGrp/ProgramServicesAmt09580
IRS990/InsuranceGrp/TotalAmt09580
IRS990/InterestGrp/ProgramServicesAmt025361
IRS990/InterestGrp/TotalAmt025361
IRS990/InventoriesForSaleOrUseGrp/BOYAmt013028
IRS990/InventoriesForSaleOrUseGrp/EOYAmt014762
IRS990/InvestmentIncomeGrp/ExclusionAmt0136
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt0136
IRS990/InvestmentInJointVentureInd0false
IRS990/IRPDocumentCnt01
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt01878428
IRS990/LandBldgEquipBasisNetGrp/BOYAmt03027964
IRS990/LandBldgEquipBasisNetGrp/EOYAmt02891380
IRS990/LandBldgEquipCostOrOtherBssAmt04769808
IRS990/LegalDomicileStateCd0AR
IRS990/LoanOutstandingInd0false
IRS990/LocalChaptersInd0false
IRS990/MaterialDiversionOrMisuseInd0false
IRS990/MembersAndShrGrossIncomeAmt0453623
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/BOYAmt0587979
IRS990/MortgNotesPyblScrdInvstPropGrp/EOYAmt0534118
IRS990/NetAssetsOrFundBalancesBOYAmt02511047
IRS990/NetAssetsOrFundBalancesEOYAmt02475534
IRS990/NoListedPersonsCompensatedInd0X
IRS990/NondeductibleContributionsInd0false
IRS990/OccupancyGrp/ProgramServicesAmt06445
IRS990/OccupancyGrp/TotalAmt06445
IRS990/OfficeExpensesGrp/ProgramServicesAmt06926
IRS990/OfficeExpensesGrp/TotalAmt06926
IRS990/OfficerMailingAddressInd0false
IRS990/OperateHospitalInd0false
IRS990/Organization501cInd0X
IRS990/OrganizationFollowsSFAS117Ind0X
IRS990/OtherExpensesGrp/Desc0WATER PURCHASES
IRS990/OtherExpensesGrp/Desc1SUPPLIES/PARTS
IRS990/OtherExpensesGrp/Desc2VEHICLE EXPENSE
IRS990/OtherExpensesGrp/Desc3FEES
IRS990/OtherExpensesGrp/ProgramServicesAmt0179928
IRS990/OtherExpensesGrp/ProgramServicesAmt113052
IRS990/OtherExpensesGrp/ProgramServicesAmt25442
IRS990/OtherExpensesGrp/ProgramServicesAmt35103
IRS990/OtherExpensesGrp/TotalAmt0179928
IRS990/OtherExpensesGrp/TotalAmt113052
IRS990/OtherExpensesGrp/TotalAmt25442
IRS990/OtherExpensesGrp/TotalAmt35103
IRS990/OtherLiabilitiesGrp/BOYAmt061679
IRS990/OtherLiabilitiesGrp/EOYAmt065757
IRS990/OtherRevenueMiscGrp/Desc0OTHER INCOME
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt03156
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt03156
IRS990/OtherRevenueTotalAmt03156
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt080855
IRS990/OtherSalariesAndWagesGrp/TotalAmt080855
IRS990/OtherSourcesGrossIncomeAmt03292
IRS990/PartialLiquidationInd0false
IRS990/PayrollTaxesGrp/ProgramServicesAmt06365
IRS990/PayrollTaxesGrp/TotalAmt06365
IRS990/PoliticalCampaignActyInd0false
IRS990/PrincipalOfficerNm0JOHN DAVENPORT
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgramServiceRevenueGrp/Desc0WATER SALES
IRS990/ProgramServiceRevenueGrp/Desc1LATE CHARGES
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt0438114
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt115509
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt0438114
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt115509
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYInvestmentIncomeAmt0102
IRS990/PYOtherExpensesAmt0413209
IRS990/PYOtherRevenueAmt04065
IRS990/PYProgramServiceRevenueAmt0445906
IRS990/PYRevenuesLessExpensesAmt0-48587
IRS990/PYSalariesCompEmpBnftPaidAmt085451
IRS990/PYTotalExpensesAmt0498660
IRS990/PYTotalRevenueAmt0450073
IRS990/ReconcilationRevenueExpnssAmt0-35513
IRS990/RegularMonitoringEnfrcInd0true
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0true
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RevenueAmt0453623
IRS990/SavingsAndTempCashInvstGrp/BOYAmt084300
IRS990/SavingsAndTempCashInvstGrp/EOYAmt0121664
IRS990/ScheduleBRequiredInd0false
IRS990ScheduleD/BuildingsGrp/BookValueAmt012372
IRS990ScheduleD/BuildingsGrp/DepreciationAmt016416
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt028788
IRS990ScheduleD/EquipmentGrp/BookValueAmt044775
IRS990ScheduleD/EquipmentGrp/DepreciationAmt046374
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt091149
IRS990ScheduleD/ExpensesSubtotalAmt0492428
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/LandGrp/BookValueAmt05863
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt05863
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt02828370
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt01815638
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt04644008
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt065757
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0METER DEPOSITS
IRS990ScheduleD/RevenueSubtotalAmt0456915
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. THE ASSOCIATION HAS ANALYZED ITS TAX POSITIONS TAKEN FOR FILINGS WITH THE INTERNAL REVENUE SERVICE. IT BELIEVES THAT ITS FILING POSITIONS WILL BE SUSTAINED UPON EXAMINATION AND DOES NOT ANTICIPATE ANY ADJUSTMENTS THAT WOULD RESULT IN A MATERIAL ADVERSE EFFECT ON ITS FINANCIAL CONDITION, RESULTS OF OPERATIONS, OR CASH FLOWS. THE ASSOCIATION'S TAX YEARS FOR 2015, 2016 AND 2017 ARE SUBJECT TO EXAMINATION BY THE INTERNAL REVENUE SERVICE AS OF DECEMBER 31, 2017.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0SCHEDULE D, PAGE 3, PART X
IRS990ScheduleD/TotalBookValueLandBuildingsAmt02891380
IRS990ScheduleD/TotalExpensesPerForm990Amt0492428
IRS990ScheduleD/TotalLiabilityAmt065757
IRS990ScheduleD/TotalRevenuePerForm990Amt0456915
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt0456915
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt0492428
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/TotalAssetsBOYAmt03183944
IRS990/TotalAssetsEOYAmt03098582
IRS990/TotalAssetsGrp/BOYAmt03183944
IRS990/TotalAssetsGrp/EOYAmt03098582
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalEmployeeCnt02
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt00
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0492428
IRS990/TotalFunctionalExpensesGrp/TotalAmt0492428
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt0672897
IRS990/TotalLiabilitiesEOYAmt0623048
IRS990/TotalLiabilitiesGrp/BOYAmt0672897
IRS990/TotalLiabilitiesGrp/EOYAmt0623048
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt02511047
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt02475534
IRS990/TotalProgramServiceExpensesAmt0492428
IRS990/TotalProgramServiceRevenueAmt0453623
IRS990/TotalRevenueGrp/ExclusionAmt0136
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt0456779
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0456915
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt03183944
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt03098582
IRS990/TypeOfOrganizationAssocInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/UnrestrictedNetAssetsGrp/BOYAmt02511047
IRS990/UnrestrictedNetAssetsGrp/EOYAmt02475534
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt0322 POLK RD 121
IRS990/USAddress/CityNm0MENA
IRS990/USAddress/StateAbbreviationCd0AR
IRS990/USAddress/ZIPCd071953
IRS990/VotingMembersGoverningBodyCnt06
IRS990/VotingMembersIndependentCnt06
IRS990/WebsiteAddressTxt0N/A
IRS990/WhistleblowerPolicyInd0false
ReturnHeader/BuildTS02018-06-14 16:35:46Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0JOHN DAVENPORT
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT
ReturnHeader/BusinessOfficerGrp/PhoneNum04793947500
ReturnHeader/BusinessOfficerGrp/SignatureDt02018-06-20
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/FilingSecurityInformation/AtSubmissionCreationDeviceId0F1853CD494DFE3DC5A8D21AC82AB305156C149DC
ReturnHeader/FilingSecurityInformation/AtSubmissionFilingDeviceId0310276BE6F5C99151C2335B709DC7750EBD5325A
ReturnHeader/FilingSecurityInformation/FilingLicenseTypeCd0P
ReturnHeader/FilingSecurityInformation/IPAddress/IPv4AddressTxt072.205.197.34
ReturnHeader/FilingSecurityInformation/IPDt02018-06-20
ReturnHeader/FilingSecurityInformation/IPTimezoneCd0CD
ReturnHeader/FilingSecurityInformation/IPTm011:08:41
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/PreparationDt02018-06-20
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0MARC LUX CPA
ReturnHeader/ReturnTs02018-06-20T11:08:41-05:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02017-01-01
ReturnHeader/TaxPeriodEndDt02017-12-31
ReturnHeader/TaxYr02017

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2017 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$3,098,582
Liabilities
$623,048
Net assets
$2,475,534
Revenue
$456,915
Expenses
$492,428
Net income
-$35,513
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