Civic Intelligence

Culbertson Water System Inc

990 • Fiscal year 2019 • EIN 72-0879625

Jan 01, 2019 to Dec 31, 2019 • Filed on Feb 11, 2021

Organization ProfileN/A
2794 Hwy 820Choudrant, LA 71227

(318) 768-2559

Siviq Scores

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

Liabilities / Assets

25th percentile

0.05x

Higher debt load relative to assets than 25% of similar nonprofits.

2019 filings • 501(c)12 • $1M-$5M nonprofits • Source year 2019

Liabilities / Revenue

24th percentile

0.15x

Higher debt load relative to revenue than 24% of similar nonprofits.

2019 filings • 501(c)12 • $1M-$5M nonprofits • Source year 2019

Net Margin

80th percentile

20%

Higher net margin than 80% of similar nonprofits.

2019 filings • 501(c)12 • $1M-$5M nonprofits • Source year 2019

Top Officer Pay

91st percentile

$57,990

Higher top officer pay than 91% of similar nonprofits.

Top officer pay equals 10.3% of source-year revenue.

2019 filings • 501(c)12 • $1M-$5M nonprofits • Source year 2019

Asset Growth

84th percentile

7.4%

Faster asset growth than 84% of similar nonprofits.

2019 filings • 501(c)12 • $1M-$5M nonprofits • Annualized from 2018 to 2019

Revenue Growth

69th percentile

4.9%

Faster revenue growth than 69% of similar nonprofits.

2019 filings • 501(c)12 • $1M-$5M nonprofits • Annualized from 2018 to 2019

Balance Sheet
Liabilities / Assets25th percentile

Assets

Up

$1,879,821

Up $129,726 (+7.4%) from 2018

Net Assets

Up

$1,795,144

Up $113,740 (+6.8%) from 2018

Liabilities

Up

$84,677

Up $15,986 (+23%) from 2018

Revenue And Expenses
Liabilities / Revenue24th percentileNet Margin80th percentile

Revenue

Up

$564,237

Up $26,184 (+4.9%) from 2018

Expenses

Up

$450,497

Up $62,922 (+16%) from 2018

Net Income

Down

$113,740

Down $36,738 (-24%) from 2018

Historical Trend

Balance Sheet Trend

Asset Growth84th percentile

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

$3.0M$2.0M$1.0M$0Assets 2010: $1,491,999Liabilities 2010: $236,249Net Assets 2010: $1,255,7502010Assets 2011: $1,463,960Liabilities 2011: $122,232Net Assets 2011: $1,341,7282011Assets 2012: $1,441,356Liabilities 2012: $35,096Net Assets 2012: $1,406,2602012Assets 2013: $1,416,666Liabilities 2013: $44,996Net Assets 2013: $1,371,6702013Assets 2014: $1,436,035Liabilities 2014: $43,012Net Assets 2014: $1,393,0232014Assets 2015: $1,483,808Liabilities 2015: $53,184Net Assets 2015: $1,430,6242015Assets 2016: $1,537,004Liabilities 2016: $61,076Net Assets 2016: $1,475,9282016Assets 2017: $1,598,306Liabilities 2017: $67,380Net Assets 2017: $1,530,9262017Assets 2018: $1,750,095Liabilities 2018: $68,691Net Assets 2018: $1,681,4042018Assets 2019: $1,879,821Liabilities 2019: $84,677Net Assets 2019: $1,795,1442019Assets 2020: $1,994,717Liabilities 2020: $90,165Net Assets 2020: $1,904,5522020Assets 2021: $2,150,487Liabilities 2021: $145,830Net Assets 2021: $2,004,6572021Assets 2022: $2,302,983Liabilities 2022: $93,446Net Assets 2022: $2,209,5372022Assets 2023: $2,512,316Liabilities 2023: $104,525Net Assets 2023: $2,407,7912023Assets 2024: $2,555,634Liabilities 2024: $116,248Net Assets 2024: $2,439,3862024

Highlighted filing

2019

Assets$1,879,821
Liabilities$84,677
Net Assets$1,795,144
Open 2019 Filing

Operations Trend

Revenue Growth69th percentile

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

$800K$600K$400K$200K$0-$200KExpenses 2010: $364,3292010Expenses 2011: $337,3512011Expenses 2012: $371,2332012Revenue 2013: $398,498Expenses 2013: $433,088Net Income 2013: -$34,5902013Revenue 2014: $409,365Expenses 2014: $388,012Net Income 2014: $21,3532014Revenue 2015: $457,468Expenses 2015: $419,867Net Income 2015: $37,6012015Revenue 2016: $426,215Expenses 2016: $380,911Net Income 2016: $45,3042016Revenue 2017: $431,589Expenses 2017: $376,591Net Income 2017: $54,9982017Revenue 2018: $538,053Expenses 2018: $387,575Net Income 2018: $150,4782018Revenue 2019: $564,237Expenses 2019: $450,497Net Income 2019: $113,7402019Revenue 2020: $566,800Expenses 2020: $457,392Net Income 2020: $109,4082020Revenue 2021: $552,273Expenses 2021: $452,168Net Income 2021: $100,1052021Revenue 2022: $704,678Expenses 2022: $499,798Net Income 2022: $204,8802022Revenue 2023: $716,777Expenses 2023: $518,523Net Income 2023: $198,2542023Revenue 2024: $713,183Expenses 2024: $681,588Net Income 2024: $31,5952024

Highlighted filing

2019

Revenue$564,237
Expenses$450,497
Net Income$113,740
Open 2019 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2019 to Dec 31, 2019
Signed
Feb 11, 2021
Return Version
2019v5.2
Gross Receipts
$564,237
Mission and Program Overview

Mission

Providing water to system members

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$909,378$1,044,309▲ $134,931
Savings and Temporary Cash Investments$803,810$790,934▼ $12,876
Accounts Receivable$30,152$39,337▲ $9,185
Prepaid Expenses and Deferred Charges$5,328$3,846▼ $1,482
Total Assets$1,750,095$1,879,821▲ $129,726
Other Assets Total$1,427$1,395▼ $32
Liabilities
Other Liabilities$57,455$62,226▲ $4,771
Accounts Payable and Accrued Expenses$11,236$22,451▲ $11,215
Total Liabilities$68,691$84,677▲ $15,986
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$1,255,404$1,369,144▲ $113,740
Net Assets With Donor Restrictions$426,000$426,000→ $0
Total Net Assets Fund Balance$1,681,404$1,795,144▲ $113,740
Total Liabilities and Net Assets / Fund Balance$1,750,095$1,879,821▲ $129,726

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$0$76,435-
Other Land Buildings$1,008,393$1,666,866-
Land$34,621--
Equipment$1,295$80,694-
Leasehold Improvements$0$1,010-
Compensation and Service Providers
Top Officer Pay91st percentile

Employees

NameTitleFull / Part TimeBaseTotal
Marilyn CoatsTreasurerFT$57,990$57,990
Jackie CoatsVice PresidentFT$48,503$48,503

Board Members and Trustees

NameTitle
Victor HollisPresident
Dan MorganBoard Member
Jerry TouchstoneBoard Member
Lonnie DadeBoard Member
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$547,366
Investment Income
$12,071
Other Revenue
$4,800
Change in Net Assets
$113,740
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$336,189
Salaries, Compensation, and Employee Benefits$114,308
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Current Officers, Directors, Trustees, and Key Employees---$106,026
Depreciation Depletion---$63,345
Office Expenses---$30,858
Insurance---$14,222
Other Expenses---$13,056
Payroll Taxes---$8,282
Fees for Services Other---$8,275
Fees for Services Accounting---$5,200
Travel---$3,205
Occupancy---$1,720
All Other Expenses---$1,381
Advertising---$201
Total Functional Expenses$0$0$0$450,497
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
Insider Transactions and Loans

Interested-Person Transactions

Interested PartyRelationshipDescriptionShared RevenueAmount
Marilyn CoatsWife of Vice President and Director Jackie CoatsRECEIVED WAGE PAYMENTS DURING THE YEAR TOTALING $57,990No$57,990
Jackie CoatsVICE PRESIDENT; DIRECTOR; HUSBAND OF TREASURER MARILYN COATSRECEIVED WAGE PAYMENTS DURING THE YEAR TOTALING $48,036No$48,036
All Board MembersMembers of Governing BoardReceived Water Services at Rates Applicable to All Customers. Water Purchase Amount Are Under the Reporting Threshold Amounts for All Board Members.No-
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Meter Deposits$62,226
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
Yes
Audit committee
No
Backup withholding compliance
Yes
Business relationship with 35% controlled entity
No
Business relationship with family members
Yes
Business relationship with organization members
Yes
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
Yes
Other officer compensation reviewed
Yes
Conflict-of-interest policy
No
Audited financial statements prepared
No
Key decisions subject to board approval
Yes
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section A, Line 2

“Jackie coats is a board member and officer, while his wife, marilyn coats, serves as treasurer.”

Form 990, Part VI, Section A, Line 6

“Every person who has an interest in real property in the area served by the water system may become a member of the corporation.”

Form 990, Part VI, Section A, Line 7A

“The board of directors shall consist of five members of the corporation elected at an annual meeting by the members.”

Form 990, Part VI, Section A, Line 7B

“Directors are elected to staggering three year terms at the applicable annual meeting of members”

Form 990, Part VI, Section B, Line 11B

“A copy of form 990 is available to the board of directors if they desire to review it. The president, vice president, and treasurer reviewed form 990 before it was filed.”

Form 990, Part VI, Section B, Line 15

“Compensation of the only two employees of the organization is reviewed and approved by the officers of the organization, four of the five of whom are independent voting members of the organization.”

Form 990, Part VI, Section C, Line 19

“All governing documents and financial statements are available to the public upon request.”

Filing and Contact Details

Filer

Filer Name
Culbertson Water System Inc
EIN
72-0879625
Phone
3187682559
Address
2794 HWY 820, CHOUDRANT, LA 71227

Signing Officer

Name
Jackie Coats
Title
Vice President
Phone
3187682559
Signed
2021-02-11
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Victor Hollis
Formed
1978
Legal Domicile
La
Voting Board Members
5
Independent Board Members
4
Employees
2
Volunteers
0

Preparer

Firm
Don M Mcgehee Apac
Address
205 E REYNOLDS DR SUITE A, RUSTON, LA 71270-2814
Preparer
Don M Mcgehee
Phone
3182559544
Raw XML Appendix344 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/AccountantCompileOrReviewInd01
IRS990/AccountsPayableAccrExpnssGrp/BOYAmt011236
IRS990/AccountsPayableAccrExpnssGrp/EOYAmt022451
IRS990/AccountsReceivableGrp/BOYAmt030152
IRS990/AccountsReceivableGrp/EOYAmt039337
IRS990/AcctCompileOrReviewBasisGrp/SeparateBasisFinclStmtInd0X
IRS990/ActivitiesConductedPrtshpInd00
IRS990/ActivityOrMissionDesc0PROVIDING WATER TO SYSTEM MEMBERS
IRS990/AdvertisingGrp/TotalAmt0201
IRS990/AllOtherExpensesGrp/TotalAmt01381
IRS990/AuditCommitteeInd00
IRS990/BackupWthldComplianceInd01
IRS990/BooksInCareOfDetail/BusinessName/BusinessNameLine1Txt0MARILYN E COATS
IRS990/BooksInCareOfDetail/PhoneNum03187682559
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt02794 HWY 820
IRS990/BooksInCareOfDetail/USAddress/CityNm0CHOUDRANT
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0LA
IRS990/BooksInCareOfDetail/USAddress/ZIPCd071227
IRS990/BusinessRlnWith35CtrlEntInd00
IRS990/BusinessRlnWithFamMemInd01
IRS990/BusinessRlnWithOrgMemInd01
IRS990/ChangeToOrgDocumentsInd00
IRS990/CntrctRcvdGreaterThan100KCnt00
IRS990/CollectionsOfArtInd00
IRS990/CompCurrentOfcrDirectorsGrp/TotalAmt0106026
IRS990/CompensationFromOtherSrcsInd00
IRS990/CompensationProcessCEOInd01
IRS990/CompensationProcessOtherInd01
IRS990/ConflictOfInterestPolicyInd00
IRS990/ConservationEasementsInd00
IRS990/ConsolidatedAuditFinclStmtInd00
IRS990/CreditCounselingInd00
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt00
IRS990/CYGrantsAndSimilarPaidAmt00
IRS990/CYInvestmentIncomeAmt012071
IRS990/CYOtherExpensesAmt0336189
IRS990/CYOtherRevenueAmt04800
IRS990/CYProgramServiceRevenueAmt0547366
IRS990/CYRevenuesLessExpensesAmt0113740
IRS990/CYSalariesCompEmpBnftPaidAmt0114308
IRS990/CYTotalExpensesAmt0450497
IRS990/CYTotalFundraisingExpenseAmt00
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt0564237
IRS990/DecisionsSubjectToApprovaInd01
IRS990/DeductibleArtContributionInd00
IRS990/DeductibleNonCashContriInd00
IRS990/DelegationOfMgmtDutiesInd00
IRS990/DepreciationDepletionGrp/TotalAmt063345
IRS990/Desc0DISTRIBUTION OF WATER TO 1,158 USERS OF THE SYSTEM AND MAINTENANCE OF THE SYSTEM.
IRS990/DescribedInSection501c3Ind00
IRS990/DisregardedEntityInd00
IRS990/DocumentRetentionPolicyInd00
IRS990/DonorAdvisedFundInd00
IRS990/DonorRestrictionNetAssetsGrp/BOYAmt0426000
IRS990/DonorRestrictionNetAssetsGrp/EOYAmt0426000
IRS990/DonorRstrOrQuasiEndowmentsInd00
IRS990/ElectionOfBoardMembersInd01
IRS990/EmployeeCnt02
IRS990/EmploymentTaxReturnsFiledInd01
IRS990/FamilyOrBusinessRlnInd01
IRS990/FederalGrantAuditRequiredInd00
IRS990/FeesForServicesAccountingGrp/TotalAmt05200
IRS990/FeesForServicesOtherGrp/TotalAmt08275
IRS990/ForeignActivitiesInd00
IRS990/ForeignFinancialAccountInd00
IRS990/ForeignOfficeInd00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt00.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt140.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt20.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt30.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt40.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt535.00
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd0X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd1X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd2X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd3X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd4X
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/PersonNm0VICTOR HOLLIS
IRS990/Form990PartVIISectionAGrp/PersonNm1JACKIE COATS
IRS990/Form990PartVIISectionAGrp/PersonNm2LONNIE DADE
IRS990/Form990PartVIISectionAGrp/PersonNm3JERRY TOUCHSTONE
IRS990/Form990PartVIISectionAGrp/PersonNm4DAN MORGAN
IRS990/Form990PartVIISectionAGrp/PersonNm5MARILYN COATS
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt148503
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt557990
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt50
IRS990/Form990PartVIISectionAGrp/TitleTxt0PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt1VICE PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt2BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt3BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt4BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt5TREASURER
IRS990/Form990ProvidedToGvrnBodyInd00
IRS990/FormationYr01978
IRS990/FormerOfcrEmployeesListedInd00
IRS990/FSAuditedInd00
IRS990/FundraisingActivitiesInd00
IRS990/GamingActivitiesInd00
IRS990/GoverningBodyVotingMembersCnt05
IRS990/GrantsToIndividualsInd00
IRS990/GrantsToOrganizationsInd00
IRS990/GrantToRelatedPersonInd00
IRS990/GrossReceiptsAmt0564237
IRS990/GrossRentsGrp/RealAmt04800
IRS990/GroupReturnForAffiliatesInd00
IRS990/IncludeFIN48FootnoteInd00
IRS990/IndependentAuditFinclStmtInd00
IRS990/IndependentVotingMemberCnt04
IRS990/IndivRcvdGreaterThan100KCnt00
IRS990/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InsuranceGrp/TotalAmt014222
IRS990/InvestmentIncomeGrp/ExclusionAmt012071
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt012071
IRS990/InvestmentInJointVentureInd00
IRS990/IRPDocumentCnt05
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt01825005
IRS990/LandBldgEquipBasisNetGrp/BOYAmt0909378
IRS990/LandBldgEquipBasisNetGrp/EOYAmt01044309
IRS990/LandBldgEquipCostOrOtherBssAmt02869314
IRS990/LegalDomicileStateCd0LA
IRS990/LessRentalExpensesGrp/RealAmt00
IRS990/LoanOutstandingInd00
IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembersAndShrGrossIncomeAmt0547366
IRS990/MembersOrStockholdersInd01
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd01
IRS990/MinutesOfGoverningBodyInd01
IRS990/MissionDesc0PROVIDING WATER TO SYSTEM MEMBERS
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/NetAssetsOrFundBalancesBOYAmt01681404
IRS990/NetAssetsOrFundBalancesEOYAmt01795144
IRS990/NetRentalIncomeOrLossGrp/ExclusionAmt04800
IRS990/NetRentalIncomeOrLossGrp/TotalRevenueColumnAmt04800
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NoDonorRestrictionNetAssetsGrp/BOYAmt01255404
IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt01369144
IRS990/NondeductibleContributionsInd00
IRS990/OccupancyGrp/TotalAmt01720
IRS990/OfficeExpensesGrp/TotalAmt030858
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501cInd0X
IRS990/OrganizationFollowsFASB117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt01427
IRS990/OtherAssetsTotalGrp/EOYAmt01395
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherExpensesGrp/Desc0SYSTEM REPAIRS AND MAIN
IRS990/OtherExpensesGrp/Desc1UTILITIES ON WELLS
IRS990/OtherExpensesGrp/Desc2INSTALLATION EXPENSE
IRS990/OtherExpensesGrp/Desc3SAFE DRINKING WATER FEE
IRS990/OtherExpensesGrp/TotalAmt0135634
IRS990/OtherExpensesGrp/TotalAmt138992
IRS990/OtherExpensesGrp/TotalAmt220100
IRS990/OtherExpensesGrp/TotalAmt313056
IRS990/OtherLiabilitiesGrp/BOYAmt057455
IRS990/OtherLiabilitiesGrp/EOYAmt062226
IRS990/OtherSourcesGrossIncomeAmt016871
IRS990/PartialLiquidationInd00
IRS990/PayrollTaxesGrp/TotalAmt08282
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt05328
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt03846
IRS990/PrincipalOfficerNm0VICTOR HOLLIS
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0221000
IRS990/ProgramServiceRevenueGrp/BusinessCd1221000
IRS990/ProgramServiceRevenueGrp/Desc0WATER SERVICES
IRS990/ProgramServiceRevenueGrp/Desc1MEMBERSHIP DUES TO JOI
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt0545366
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt12000
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt0545366
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt12000
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt08085
IRS990/PYOtherExpensesAmt0276042
IRS990/PYOtherRevenueAmt04800
IRS990/PYProgramServiceRevenueAmt0525168
IRS990/PYRevenuesLessExpensesAmt0150478
IRS990/PYSalariesCompEmpBnftPaidAmt0111533
IRS990/PYTotalExpensesAmt0387575
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt0538053
IRS990/ReconcilationRevenueExpnssAmt0113740
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/RentalIncomeOrLossGrp/RealAmt04800
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd01
IRS990/ReportProgramRelatedInvstInd00
IRS990/SavingsAndTempCashInvstGrp/BOYAmt0803810
IRS990/SavingsAndTempCashInvstGrp/EOYAmt0790934
IRS990/ScheduleBRequiredInd00
IRS990ScheduleD/BuildingsGrp/BookValueAmt00
IRS990ScheduleD/BuildingsGrp/DepreciationAmt076435
IRS990ScheduleD/BuildingsGrp/InvestmentCostOrOtherBasisAmt076435
IRS990ScheduleD/EquipmentGrp/BookValueAmt01295
IRS990ScheduleD/EquipmentGrp/DepreciationAmt080694
IRS990ScheduleD/EquipmentGrp/InvestmentCostOrOtherBasisAmt081989
IRS990ScheduleD/LandGrp/BookValueAmt034621
IRS990ScheduleD/LandGrp/InvestmentCostOrOtherBasisAmt034621
IRS990ScheduleD/LeaseholdImprovementsGrp/BookValueAmt00
IRS990ScheduleD/LeaseholdImprovementsGrp/DepreciationAmt01010
IRS990ScheduleD/LeaseholdImprovementsGrp/InvestmentCostOrOtherBasisAmt01010
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt01008393
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt01666866
IRS990ScheduleD/OtherLandBuildingsGrp/InvestmentCostOrOtherBasisAmt02675259
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt062226
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0METER DEPOSITS
IRS990ScheduleD/TotalBookValueLandBuildingsAmt01044309
IRS990ScheduleD/TotalLiabilityAmt062226
IRS990/ScheduleJRequiredInd00
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/NameOfInterested/PersonNm0JACKIE COATS
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/NameOfInterested/PersonNm1MARILYN COATS
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/NameOfInterested/PersonNm2ALL BOARD MEMBERS
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/RelationshipDescriptionTxt0VICE PRESIDENT; DIRECTOR; HUSBAND OF TREASURER MARILYN COATS
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/RelationshipDescriptionTxt1WIFE OF VICE PRESIDENT AND DIRECTOR JACKIE COATS
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/RelationshipDescriptionTxt2MEMBERS OF GOVERNING BOARD
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/SharingOfRevenuesInd00
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/SharingOfRevenuesInd10
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/SharingOfRevenuesInd20
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/TransactionAmt048036
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/TransactionAmt157990
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/TransactionDesc0RECEIVED WAGE PAYMENTS DURING THE YEAR TOTALING $48,036
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/TransactionDesc1RECEIVED WAGE PAYMENTS DURING THE YEAR TOTALING $57,990
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/TransactionDesc2RECEIVED WATER SERVICES AT RATES APPLICABLE TO ALL CUSTOMERS. WATER PURCHASE AMOUNT ARE UNDER THE REPORTING THRESHOLD AMOUNTS FOR ALL BOARD MEMBERS.
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0JACKIE COATS IS A BOARD MEMBER AND OFFICER, WHILE HIS WIFE, MARILYN COATS, SERVES AS TREASURER.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1EVERY PERSON WHO HAS AN INTEREST IN REAL PROPERTY IN THE AREA SERVED BY THE WATER SYSTEM MAY BECOME A MEMBER OF THE CORPORATION.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE BOARD OF DIRECTORS SHALL CONSIST OF FIVE MEMBERS OF THE CORPORATION ELECTED AT AN ANNUAL MEETING BY THE MEMBERS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3DIRECTORS ARE ELECTED TO STAGGERING THREE YEAR TERMS AT THE APPLICABLE ANNUAL MEETING OF MEMBERS
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4A COPY OF FORM 990 IS AVAILABLE TO THE BOARD OF DIRECTORS IF THEY DESIRE TO REVIEW IT. THE PRESIDENT, VICE PRESIDENT, AND TREASURER REVIEWED FORM 990 BEFORE IT WAS FILED.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5COMPENSATION OF THE ONLY TWO EMPLOYEES OF THE ORGANIZATION IS REVIEWED AND APPROVED BY THE OFFICERS OF THE ORGANIZATION, FOUR OF THE FIVE OF WHOM ARE INDEPENDENT VOTING MEMBERS OF THE ORGANIZATION.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6ALL GOVERNING DOCUMENTS AND FINANCIAL STATEMENTS ARE AVAILABLE TO THE PUBLIC UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION A, LINE 2
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION A, LINE 6
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION A, LINE 7A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART VI, SECTION A, LINE 7B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PART VI, SECTION B, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990, PART VI, SECTION B, LINE 15
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6FORM 990, PART VI, SECTION C, LINE 19
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/SubjectToExcsTaxNetInvstIncInd00
IRS990/SubjectToProxyTaxInd00
IRS990/SubjToTaxRmnrtnExPrchtPymtInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt01750095
IRS990/TotalAssetsEOYAmt01879821
IRS990/TotalAssetsGrp/BOYAmt01750095
IRS990/TotalAssetsGrp/EOYAmt01879821
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalEmployeeCnt02
IRS990/TotalFunctionalExpensesGrp/TotalAmt0450497
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt068691
IRS990/TotalLiabilitiesEOYAmt084677
IRS990/TotalLiabilitiesGrp/BOYAmt068691
IRS990/TotalLiabilitiesGrp/EOYAmt084677
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt01681404
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt01795144
IRS990/TotalOtherCompensationAmt00
IRS990/TotalProgramServiceRevenueAmt0547366
IRS990/TotalReportableCompFromOrgAmt0106493
IRS990/TotalRevenueGrp/ExclusionAmt016871
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt0547366
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0564237
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt00
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt01750095
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt01879821
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TravelGrp/TotalAmt03205
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd00
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt02794 HWY 820
IRS990/USAddress/CityNm0CHOUDRANT
IRS990/USAddress/StateAbbreviationCd0LA
IRS990/USAddress/ZIPCd071227
IRS990/VotingMembersGoverningBodyCnt05
IRS990/VotingMembersIndependentCnt04
IRS990/WebsiteAddressTxt0N/A
IRS990/WhistleblowerPolicyInd00
ReturnHeader/BuildTS02022-09-23 18:48:47Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0JACKIE COATS
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0VICE PRESIDENT
ReturnHeader/BusinessOfficerGrp/PhoneNum03187682559
ReturnHeader/BusinessOfficerGrp/SignatureDt02021-02-11
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0CULBERTSON WATER SYSTEM INC
ReturnHeader/Filer/BusinessNameControlTxt0CULB
ReturnHeader/Filer/EIN0720879625
ReturnHeader/Filer/PhoneNum03187682559
ReturnHeader/Filer/USAddress/AddressLine1Txt02794 HWY 820
ReturnHeader/Filer/USAddress/CityNm0CHOUDRANT
ReturnHeader/Filer/USAddress/StateAbbreviationCd0LA
ReturnHeader/Filer/USAddress/ZIPCd071227
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0721020867
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0DON M MCGEHEE APAC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0205 E REYNOLDS DR SUITE A
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0RUSTON
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0LA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd0712702814
ReturnHeader/PreparerPersonGrp/PhoneNum03182559544
ReturnHeader/PreparerPersonGrp/PreparationDt02021-02-11
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0DON M MCGEHEE
ReturnHeader/ReturnTs02021-02-14T10:49:46-06:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02019-01-01
ReturnHeader/TaxPeriodEndDt02019-12-31
ReturnHeader/TaxYr02019

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2019 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$1,879,821
Liabilities
$84,677
Net assets
$1,795,144
Revenue
$564,237
Expenses
$450,497
Net income
$113,740
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$2.56$0.12$2.44$0.71$0.68$0.03
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2.51$0.10$2.41$0.72$0.52$0.20
2022XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2.30$0.09$2.21$0.70$0.50$0.20
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2.15$0.15$2.00$0.55$0.45$0.10
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.99$0.09$1.90$0.57$0.46$0.11
2019Detailed filing. Detailed filing data is available for this year.$1.88$0.08$1.80$0.56$0.45$0.11
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.75$0.07$1.68$0.54$0.39$0.15
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.60$0.07$1.53$0.43$0.38$0.05
2016XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.54$0.06$1.48$0.43$0.38$0.05
2015Detailed filing. Detailed filing data is available for this year.$1.48$0.05$1.43$0.46$0.42$0.04
2014Detailed filing. Detailed filing data is available for this year.$1.44$0.04$1.39$0.41$0.39$0.02
2013Detailed filing. Detailed filing data is available for this year.$1.42$0.04$1.37$0.40$0.43$0.03
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.44$0.04$1.41$0.37
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.46$0.12$1.34$0.34
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.49$0.24$1.26$0.36