Civic Intelligence

Marshall County Water Coproration

990 • Fiscal year 2024 • EIN 73-0939020

Jul 01, 2023 to Jun 30, 2024 • Filed on May 11, 2025

PO Box 688Madill, OK 73446

(580) 795-3368

Siviq Scores

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

Liabilities / Assets

Score unavailable

No value available

Liabilities-to-assets requires both liabilities and assets on this filing.

Source year 2024

Liabilities / Revenue

Score unavailable

No value available

Liabilities-to-revenue requires both liabilities and revenue on this filing.

Source year 2024

Net Margin

Score unavailable

No value available

Net margin requires both revenue and expenses on this filing.

Source year 2024

Top Officer Pay

77th percentile

$0

Higher top officer pay than 77% of similar nonprofits.

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

Asset Growth

2nd percentile

-100%

Faster asset growth than 2% of similar nonprofits.

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

Revenue Growth

1st percentile

-100%

Faster revenue growth than 1% of similar nonprofits.

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

Assets

Down

$0

Down $23,194,936 (-100%) from 2023

Net Assets

Down

$0

Down $14,513,406 (-100%) from 2023

Liabilities

Down

$0

Down $8,681,530 (-100%) from 2023

Revenue

Down

$0

Down $5,732,631 (-100%) from 2023

Expenses

Down

$0

Down $4,799,304 (-100%) from 2023

Net Income

Down

$0

Down $933,327 (-100%) from 2023

Historical Trend

Balance Sheet Trend

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

$30M$20M$10M$0Assets 2011: $20,054,782Liabilities 2011: $11,822,375Net Assets 2011: $8,232,4072011Assets 2012: $21,059,024Liabilities 2012: $12,133,167Net Assets 2012: $8,925,8572012Assets 2013: $21,584,257Liabilities 2013: $12,154,207Net Assets 2013: $9,430,0502013Assets 2014: $21,383,421Liabilities 2014: $11,356,198Net Assets 2014: $10,027,2232014Assets 2015: $21,911,103Liabilities 2015: $11,925,405Net Assets 2015: $9,985,6982015Assets 2016: $22,126,461Liabilities 2016: $12,023,330Net Assets 2016: $10,103,1312016Assets 2017: $21,584,813Liabilities 2017: $10,651,062Net Assets 2017: $10,933,7512017Assets 2018: $21,938,448Liabilities 2018: $10,210,238Net Assets 2018: $11,728,2102018Assets 2019: $23,753,254Liabilities 2019: $12,067,869Net Assets 2019: $11,685,3852019Assets 2020: $23,406,358Liabilities 2020: $11,363,924Net Assets 2020: $12,042,4342020Assets 2021: $23,212,707Liabilities 2021: $10,705,534Net Assets 2021: $12,507,1732021Assets 2022: $23,354,926Liabilities 2022: $9,774,847Net Assets 2022: $13,580,0792022Assets 2023: $23,194,936Liabilities 2023: $8,681,530Net Assets 2023: $14,513,4062023Assets 2024: $0Liabilities 2024: $0Net Assets 2024: $02024

Highlighted filing

2024

Assets$0
Liabilities$0
Net Assets$0

Operations Trend

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

$6.0M$4.0M$2.0M$0Revenue 2011: $2,379,008Expenses 2011: $1,949,332Net Income 2011: $429,6762011Expenses 2012: $2,166,9322012Expenses 2013: $2,305,3102013Revenue 2014: $2,610,306Expenses 2014: $2,165,303Net Income 2014: $445,0032014Revenue 2015: $2,833,801Expenses 2015: $2,786,054Net Income 2015: $47,7472015Revenue 2016: $2,961,204Expenses 2016: $2,573,590Net Income 2016: $387,6142016Revenue 2017: $3,498,840Expenses 2017: $2,668,220Net Income 2017: $830,6202017Revenue 2018: $3,485,144Expenses 2018: $2,690,685Net Income 2018: $794,4592018Revenue 2019: $3,591,569Expenses 2019: $3,318,412Net Income 2019: $273,1572019Revenue 2020: $3,746,789Expenses 2020: $3,389,740Net Income 2020: $357,0492020Revenue 2021: $4,429,258Expenses 2021: $3,964,519Net Income 2021: $464,7392021Revenue 2022: $5,221,218Expenses 2022: $4,148,312Net Income 2022: $1,072,9062022Revenue 2023: $5,732,631Expenses 2023: $4,799,304Net Income 2023: $933,3272023Revenue 2024: $0Expenses 2024: $0Net Income 2024: $02024

Highlighted filing

2024

Revenue$0
Expenses$0
Net Income$0
Jump To
Filing Snapshot
Filing Period
Jul 1, 2023 to Jun 30, 2024
Signed
May 11, 2025
Return Version
2023v6.0
Gross Receipts
$0
Mission and Program Overview

Mission

To provide water service to its members.

The corporation provides a waterworks distribution system for its members.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$19,386,153--
Cash and Non-Interest-Bearing Accounts$2,973,628--
Accounts Receivable$460,063--
Inventories for Sale or Use$282,900--
Prepaid Expenses and Deferred Charges$86,972--
Investments in Publicly Traded Securities$5,220--
Total Assets$23,194,936$0▼ $23,194,936
Liabilities
Mortgage Notes Payable Secured by Investment Property$8,427,456--
Accounts Payable and Accrued Expenses$228,488--
Deferred Revenue$25,586--
Total Liabilities$8,681,530$0▼ $8,681,530
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$14,513,406--
Total Net Assets Fund Balance$14,513,406$0▼ $14,513,406
Total Liabilities and Net Assets / Fund Balance$23,194,936$0▼ $23,194,936
Compensation and Service Providers

Board Members and Trustees

NameTitle
Jay PorterChairman
Thomas HerndonVice Chairma
Donnie HuffmanMember
Jerry EldridgeMember
Wendyl ParrishMember
William MaconMember
Chris WebbSecretary/tr
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$0
Investment Income
$0
Other Revenue
$0
Change in Net Assets
$0
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$0
Other Expenses$0
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0
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
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
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
Yes
Other officer compensation reviewed
Yes
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 11B

The tax return is reviewed by the office manager and the chairman. A copy of maintained in the office.

Form 990, Page 6, Part VI, Line 15A

All compensation is reviewed and approved by the board at the time the annual budget is approved.

Form 990, Page 6, Part VI, Line 15B

All compensation is reviewed and approved by the board at the time the annual budget is approved.

Form 990, Page 6, Part VI, Line 19

All financial records are maintained at the office and can be viewed during office hours upon request.

Filing and Contact Details

Filer

Filer Name
Marshall County Water Coproration
EIN
73-0939020
Phone
5807953368
Address
PO BOX 688, MADILL, OK 73446

Signing Officer

Name
Jay Porter
Title
Chairman
Phone
5807953368
Signed
2025-05-11

Organization Details

Principal Officer
Jay Porter
Formed
1970
Legal Domicile
Ok
Voting Board Members
0
Independent Board Members
0
Employees
0

Preparer

Firm
RUSSELL & WILLIAMS CPA'S PC
Address
2812 NW 57TH ST STE 102, OKLAHOMA CITY, OK 73112-7064
Preparer
Autumn L Williams
Phone
4056078743
Supplemental Narrative

Additional Explanations

Form 990, Part XI, Line 9

Transfer to marshall co rwd 2 -14,513,406

Raw XML Appendix264 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.

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IRS990/GrantsToIndividualsInd0false
IRS990/GrantsToOrganizationsInd0false
IRS990/GrantToRelatedPersonInd0false
IRS990/GrossReceiptsAmt00
IRS990/GroupReturnForAffiliatesInd0false
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IRS990/InfoInScheduleOPartVIInd0X
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IRS990/InvestmentInJointVentureInd0false
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IRS990/IRPDocumentCnt00
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IRS990/LoanOutstandingInd0false
IRS990/LocalChaptersInd0false
IRS990/MaterialDiversionOrMisuseInd0false
IRS990/MembersOrStockholdersInd0false
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd0true
IRS990/MinutesOfGoverningBodyInd0true
IRS990/MoreThan5000KToIndividualsInd0false
IRS990/MoreThan5000KToOrgInd0false
IRS990/MortgNotesPyblScrdInvstPropGrp/BOYAmt08427456
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IRS990/NoListedPersonsCompensatedInd0X
IRS990/NondeductibleContributionsInd0false
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IRS990/OperateHospitalInd0false
IRS990/Organization501cInd0X
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IRS990/OtherChangesInNetAssetsAmt0-14513406
IRS990/PartialLiquidationInd0true
IRS990/PoliticalCampaignActyInd0false
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IRS990/ProfessionalFundraisingInd0false
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IRS990ScheduleN/DispositionOfAssetsDetail/DistributionDt02023-07-01
IRS990ScheduleN/DispositionOfAssetsDetail/EIN0922749772
IRS990ScheduleN/DispositionOfAssetsDetail/FairMarketValueOfAssetAmt014513406
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IRS990ScheduleN/DispositionOfAssetsDetail/MethodOfFMVDeterminationTxt0MARKET
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2ALL COMPENSATION IS REVIEWED AND APPROVED BY THE BOARD AT THE TIME THE ANNUAL BUDGET IS APPROVED.
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ReturnHeader/BuildTS02025-03-06 01:10:19Z
ReturnHeader/BusinessOfficerGrp/PersonNm0JAY PORTER
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0CHAIRMAN
ReturnHeader/BusinessOfficerGrp/PhoneNum05807953368
ReturnHeader/BusinessOfficerGrp/SignatureDt02025-05-11
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0MARSHALL COUNTY WATER COPRORATION
ReturnHeader/Filer/BusinessNameControlTxt0MARS
ReturnHeader/Filer/EIN0730939020
ReturnHeader/Filer/PhoneNum05807953368
ReturnHeader/Filer/USAddress/AddressLine1Txt0PO BOX 688
ReturnHeader/Filer/USAddress/CityNm0MADILL
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ReturnHeader/Filer/USAddress/ZIPCd073446
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ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0731349920
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0RUSSELL & WILLIAMS CPA'S PC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt02812 NW 57TH ST STE 102
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0OKLAHOMA CITY
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0OK
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd0731127064
ReturnHeader/PreparerPersonGrp/PhoneNum04056078743
ReturnHeader/PreparerPersonGrp/PreparationDt02025-05-11
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0AUTUMN L WILLIAMS
ReturnHeader/ReturnTs02025-05-13T14:55:19-04:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02023-07-01
ReturnHeader/TaxPeriodEndDt02024-06-30
ReturnHeader/TaxYr02023

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$0.00$0.00$0.00$0.00$0.00$0.00
2023Summary only. Only limited summary data is available for this year.$23.2$8.68$14.5$5.73$4.80$0.93
2022XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$23.4$9.77$13.6$5.22$4.15$1.07
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$23.2$10.7$12.5$4.43$3.96$0.46
2020Facts available. Structured filing facts are available, but richer extracted sections are limited.$23.4$11.4$12.0$3.75$3.39$0.36
2019Summary only. Only limited summary data is available for this year.$23.8$12.1$11.7$3.59$3.32$0.27
2018Summary only. Only limited summary data is available for this year.$21.9$10.2$11.7$3.49$2.69$0.79
2017Summary only. Only limited summary data is available for this year.$21.6$10.7$10.9$3.50$2.67$0.83
2016Summary only. Only limited summary data is available for this year.$22.1$12.0$10.1$2.96$2.57$0.39
2015Detailed filing. Detailed filing data is available for this year.$21.9$11.9$9.99$2.83$2.79$0.05
2014Detailed filing. Detailed filing data is available for this year.$21.4$11.4$10.0$2.61$2.17$0.45
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$21.6$12.2$9.43$2.31
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$21.1$12.1$8.93$2.17
2011Summary only. Only limited summary data is available for this year.$20.1$11.8$8.23$2.38$1.95$0.43