Civic Intelligence

Marathon Water Supply

990 • Fiscal year 2021 • EIN 74-1681385

Jan 01, 2021 to Dec 31, 2021 • Filed on Nov 07, 2022

PO Box 322Marathon, TX 79842

(432) 386-4229

Siviq Scores

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

Liabilities / Assets

15th percentile

0.01x

Higher debt load relative to assets than 15% of similar nonprofits.

2021 filings • 501(c)12 • $1M-$5M nonprofits • Source year 2021

Liabilities / Revenue

23rd percentile

0.12x

Higher debt load relative to revenue than 23% of similar nonprofits.

2021 filings • 501(c)12 • $1M-$5M nonprofits • Source year 2021

Net Margin

4th percentile

-32%

Higher net margin than 4% of similar nonprofits.

2021 filings • 501(c)12 • $1M-$5M nonprofits • Source year 2021

Top Officer Pay

96th percentile

$74,743

Higher top officer pay than 96% of similar nonprofits.

Top officer pay equals 19.8% of source-year revenue.

2021 filings • 501(c)12 • $1M-$5M nonprofits • Source year 2021

Asset Growth

15th percentile

-3.7%

Faster asset growth than 15% of similar nonprofits.

2021 filings • 501(c)12 • $1M-$5M nonprofits • Annualized from 2020 to 2021

Revenue Growth

3rd percentile

-39%

Faster revenue growth than 3% of similar nonprofits.

2021 filings • 501(c)12 • $1M-$5M nonprofits • Annualized from 2020 to 2021

Assets

Down

$3,265,858

Down $124,902 (-3.7%) from 2020

Net Assets

Down

$3,221,403

Down $121,321 (-3.6%) from 2020

Liabilities

Down

$44,455

Down $3,581 (-7.5%) from 2020

Revenue

Down

$377,374

Down $243,559 (-39%) from 2020

Expenses

Up

$498,695

Up $92,300 (+23%) from 2020

Net Income

Down

-$121,321

Down $335,859 (-157%) from 2020

Historical Trend

Balance Sheet Trend

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

$4.0M$3.0M$2.0M$1.0M$0Assets 2010: $1,645,991Liabilities 2010: $7,979Net Assets 2010: $1,638,0122010Assets 2011: $1,593,556Liabilities 2011: $41Net Assets 2011: $1,593,5152011Assets 2012: $1,571,953Liabilities 2012: $14,540Net Assets 2012: $1,557,4132012Assets 2013: $1,513,676Liabilities 2013: $40Net Assets 2013: $1,513,6362013Assets 2014: $1,447,641Liabilities 2014: $17,660Net Assets 2014: $1,429,9812014Assets 2015: $1,506,675Liabilities 2015: $29,695Net Assets 2015: $1,476,9802015Assets 2016: $1,523,905Liabilities 2016: $107,334Net Assets 2016: $1,416,5712016Assets 2017: $1,419,557Liabilities 2017: $61,265Net Assets 2017: $1,358,2922017Assets 2018: $1,926,860Liabilities 2018: $334,721Net Assets 2018: $1,592,1392018Assets 2019: $3,288,538Liabilities 2019: $160,352Net Assets 2019: $3,128,1862019Assets 2020: $3,390,760Liabilities 2020: $48,036Net Assets 2020: $3,342,7242020Assets 2021: $3,265,858Liabilities 2021: $44,455Net Assets 2021: $3,221,4032021Assets 2022: $3,131,976Liabilities 2022: $54,931Net Assets 2022: $3,077,0452022Assets 2023: $3,043,422Liabilities 2023: $38,201Net Assets 2023: $3,005,2212023Assets 2024: $3,017,924Liabilities 2024: $124,653Net Assets 2024: $2,893,2712024

Highlighted filing

2021

Assets$3,265,858
Liabilities$44,455
Net Assets$3,221,403

Operations Trend

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

$2.0M$1.0M$0-$1.0MExpenses 2010: $313,5382010Expenses 2011: $332,1312011Expenses 2012: $322,1722012Revenue 2013: $300,731Expenses 2013: $344,508Net Income 2013: -$43,7772013Revenue 2014: $281,938Expenses 2014: $347,959Net Income 2014: -$66,0212014Revenue 2015: $425,438Expenses 2015: $378,439Net Income 2015: $46,9992015Revenue 2016: $321,704Expenses 2016: $382,113Net Income 2016: -$60,4092016Revenue 2017: $340,390Expenses 2017: $398,669Net Income 2017: -$58,2792017Revenue 2018: $640,052Expenses 2018: $406,205Net Income 2018: $233,8472018Revenue 2019: $1,964,493Expenses 2019: $428,446Net Income 2019: $1,536,0472019Revenue 2020: $620,933Expenses 2020: $406,395Net Income 2020: $214,5382020Revenue 2021: $377,374Expenses 2021: $498,695Net Income 2021: -$121,3212021Revenue 2022: $407,307Expenses 2022: $551,665Net Income 2022: -$144,3582022Revenue 2023: $453,326Expenses 2023: $525,150Net Income 2023: -$71,8242023Revenue 2024: $541,428Expenses 2024: $653,378Net Income 2024: -$111,9502024

Highlighted filing

2021

Revenue$377,374
Expenses$498,695
Net Income-$121,321
Jump To
Filing Snapshot
Filing Period
Jan 1, 2021 to Dec 31, 2021
Signed
Nov 7, 2022
Return Version
2021v4.0
Gross Receipts
$377,374
Mission and Program Overview

Mission

To furnish water and sewage service for general farm use and domestic purpose to individuals residing in the community of Marathon, Texas and the surrounding area.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$3,046,288$2,914,795▼ $131,493
Investments Other Securities$56,464$202,632▲ $146,168
Savings and Temporary Cash Investments$208,415$87,511▼ $120,904
Accounts Receivable$31,218$32,301▲ $1,083
Prepaid Expenses and Deferred Charges$6,927$15,184▲ $8,257
Cash and Non-Interest-Bearing Accounts$41,448$13,434▼ $28,014
Other Notes and Loans Receivable, Net-$0-
Pledges and Grants Receivable-$0-
Receivable From Disqualified Prsn-$0-
Receivables From Officers Etc-$0-
Investments Program Related-$0-
Investments in Publicly Traded Securities-$0-
Intangible Assets-$0-
Inventories for Sale or Use-$0-
Total Assets$3,390,760$3,265,858▼ $124,902
Other Assets Total-$1-
Liabilities
Other Liabilities$22,235$22,558▲ $323
Unsecured Notes Loans Payable$25,520$21,609▼ $3,911
Accounts Payable and Accrued Expenses$281$288▲ $7
Total Liabilities$48,036$44,455▼ $3,581
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$3,342,724$3,221,403▼ $121,321
Total Net Assets Fund Balance$3,342,724$3,221,403▼ $121,321
Total Liabilities and Net Assets / Fund Balance$3,390,760$3,265,858▼ $124,902

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$2,553,848$1,493,506$4,047,354
Other Land Buildings$341,280$211,760$553,040
Buildings$7,662$18,547$26,209
Land$12,005-$12,005
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Jim RobertsGeneral ManagerFT$54,916$19,827$74,743

Board Members and Trustees

NameTitle
Sam CavnessBoard President
Mike JohnsonVice President
Ernesto AguilarDirector
Red WagnerDirector
Ruben OrtegaSec/Treasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$376,110
Investment Income
$64
Other Revenue
$1,200
Change in Net Assets
$-121,321
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$272,858
Other Expenses$225,837
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Depreciation Depletion$118,344$13,149-$131,493
Other Salaries and Wages$60,594$43,370-$103,964
Other Employee Benefits$58,896$25,241-$84,137
Current Officers, Directors, Trustees, and Key Employees$54,916--$54,916
Pension Plan Contributions$13,782$6,385-$20,167
Insurance$10,876$2,719-$13,595
Occupancy$7,785$1,946-$9,731
Payroll Taxes$6,772$2,902-$9,674
Fees for Services Accounting-$9,000-$9,000
All Other Expenses$4,742$4,160-$8,902
Other Expenses$5,712$1,183-$6,895
Travel$5,003--$5,003
Interest-$829-$829
Total Functional Expenses$386,410$112,285$0$498,695
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

Loans and Receivables

Line ItemBeginningEndChange
Receivables from Disqualified Persons-$0-
Receivables from Officers, Directors, Trustees, and Key Employees-$0-
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Membership Deposits$22,558
Governance and Compliance

Governance Checklist

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

Governance Explanations

Form 990, Part VI, Line 6: Explanation of Classes of Members or Shareholder

Every person owning or having a legal right to the control, possession or occupancy of property served or which may reasonably be served by the Corporation shall have the right to become a Member of the corporation upon payment ofthe Membership fee.

Form 990, Part VI, Line 11B: Form 990 Review Process

For 2021, the 990 will be filed before the audit is completed. Once the audit is completed, the 990 will be compared to the audit.

Form 990, Part VI, Line 12C: Explanation of Monitoring and Enforcement of Conflicts

Potential conflicts are reviewed on a yearly basis.

Form 990, Part VI, Line 19: Other Organization Documents Publicly Available

No documents available to the public.

Filing and Contact Details

Filer

Filer Name
Marathon Water Supply
EIN
74-1681385
Phone
4323864229
Address
PO Box 322, Marathon, TX 79842

Signing Officer

Name
Jim Roberts
Title
General Manager
Signed
2022-11-07
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Sam Cavness
Formed
1966
Legal Domicile
TX
Voting Board Members
5
Independent Board Members
5
Employees
4
Volunteers
5

Preparer

Firm
Gibson Ruddock Patterson LLC
Address
600 SUNLAND PARK BLDG 6 STE 300, EL PASO, TX 79912
Preparer
Kirk A Patterson
Phone
9153563700
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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/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt219812
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt0145735
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt1210563
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt219812
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt0255484
IRS990/PYInvestmentIncomeAmt081
IRS990/PymtTravelEntrtnmntPubOfclGrp/TotalAmt00
IRS990/PYOtherExpensesAmt0158687
IRS990/PYOtherRevenueAmt01200
IRS990/PYProgramServiceRevenueAmt0364168
IRS990/PYRevenuesLessExpensesAmt0214538
IRS990/PYSalariesCompEmpBnftPaidAmt0247708
IRS990/PYTotalExpensesAmt0406395
IRS990/PYTotalRevenueAmt0620933
IRS990/RcvblFromDisqualifiedPrsnGrp/EOYAmt00
IRS990/ReceivablesFromOfficersEtcGrp/EOYAmt00
IRS990/ReconcilationRevenueExpnssAmt0-121321
IRS990/RegularMonitoringEnfrcInd0true
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/RentalIncomeOrLossGrp/RealAmt01200
IRS990/ReportInvestmentsOtherSecInd0true
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0true
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RevenueAmt0376110
IRS990/RoyaltiesGrp/TotalAmt00
IRS990/RoyaltiesRevenueGrp/TotalRevenueColumnAmt00
IRS990/SavingsAndTempCashInvstGrp/BOYAmt0208415
IRS990/SavingsAndTempCashInvstGrp/EOYAmt087511
IRS990/ScheduleBRequiredInd0false
IRS990ScheduleD/BuildingsGrp/BookValueAmt07662
IRS990ScheduleD/BuildingsGrp/DepreciationAmt018547
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt026209
IRS990ScheduleD/EquipmentGrp/BookValueAmt02553848
IRS990ScheduleD/EquipmentGrp/DepreciationAmt01493506
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt04047354
IRS990ScheduleD/LandGrp/BookValueAmt012005
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt012005
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt0341280
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt0211760
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt0553040
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt022558
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0Membership Deposits
IRS990ScheduleD/TotalBookValueLandBuildingsAmt02914795
IRS990ScheduleD/TotalBookValueSecuritiesAmt0202632
IRS990ScheduleD/TotalLiabilityAmt022558
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0Every person owning or having a legal right to the control, possession or occupancy of property served or which may reasonably be served by the Corporation shall have the right to become a Member of the corporation upon payment ofthe Membership fee.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1For 2021, the 990 will be filed before the audit is completed. Once the audit is completed, the 990 will be compared to the audit.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2Potential conflicts are reviewed on a yearly basis.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3No documents available to the public.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990, Part VI, Line 6: Explanation of Classes of Members or Shareholder
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990, Part VI, Line 11b: Form 990 Review Process
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Form 990, Part VI, Line 12c: Explanation of Monitoring and Enforcement of Conflicts
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Form 990, Part VI, Line 19: Other Organization Documents Publicly Available
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/SubjectToExcsTaxNetInvstIncInd0false
IRS990/SubjectToProxyTaxInd0false
IRS990/SubjToTaxRmnrtnExPrchtPymtInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt03390760
IRS990/TotalAssetsEOYAmt03265858
IRS990/TotalAssetsGrp/BOYAmt03390760
IRS990/TotalAssetsGrp/EOYAmt03265858
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalContributionsAmt00
IRS990/TotalEmployeeCnt04
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt0112285
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0386410
IRS990/TotalFunctionalExpensesGrp/TotalAmt0498695
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt048036
IRS990/TotalLiabilitiesEOYAmt044455
IRS990/TotalLiabilitiesGrp/BOYAmt048036
IRS990/TotalLiabilitiesGrp/EOYAmt044455
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt03342724
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt03221403
IRS990/TotalOtherCompensationAmt019827
IRS990/TotalProgramServiceExpensesAmt0386410
IRS990/TotalProgramServiceRevenueAmt0376110
IRS990/TotalReportableCompFromOrgAmt054916
IRS990/TotalRevenueGrp/ExclusionAmt01264
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt0376110
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0377374
IRS990/TotalVolunteersCnt05
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt03390760
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt03265858
IRS990/TravelGrp/ProgramServicesAmt05003
IRS990/TravelGrp/TotalAmt05003
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/UnsecuredNotesLoansPayableGrp/BOYAmt025520
IRS990/UnsecuredNotesLoansPayableGrp/EOYAmt021609
IRS990/USAddress/AddressLine1Txt0PO Box 322
IRS990/USAddress/CityNm0Marathon
IRS990/USAddress/StateAbbreviationCd0TX
IRS990/USAddress/ZIPCd079842
IRS990/VotingMembersGoverningBodyCnt05
IRS990/VotingMembersIndependentCnt05
IRS990/WebsiteAddressTxt0N/A
IRS990/WhistleblowerPolicyInd0true
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/AuthenticationAssuranceLevelCd0AAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/FederatedAssuranceLevelCd0FAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/IdentityAssuranceLevelCd0IAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/TrustedCustomerCd02
ReturnHeader/BuildTS02022-09-23 18:48:47Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0Jim Roberts
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0General Manager
ReturnHeader/BusinessOfficerGrp/SignatureDt02022-11-07
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0Marathon Water Supply
ReturnHeader/Filer/BusinessName/BusinessNameLine2Txt0& Sewer Service Corporation
ReturnHeader/Filer/BusinessNameControlTxt0MARA
ReturnHeader/Filer/EIN0741681385
ReturnHeader/Filer/PhoneNum04323864229
ReturnHeader/Filer/USAddress/AddressLine1Txt0PO Box 322
ReturnHeader/Filer/USAddress/CityNm0Marathon
ReturnHeader/Filer/USAddress/StateAbbreviationCd0TX
ReturnHeader/Filer/USAddress/ZIPCd079842
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0261159690
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0GIBSON RUDDOCK PATTERSON LLC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0600 SUNLAND PARK BLDG 6 STE 300
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0EL PASO
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0TX
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd079912
ReturnHeader/PreparerPersonGrp/PhoneNum09153563700
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0Kirk A Patterson
ReturnHeader/ReturnTs02022-11-07T15:38:20-08:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0Jim
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0Roberts
ReturnHeader/TaxPeriodBeginDt02021-01-01
ReturnHeader/TaxPeriodEndDt02021-12-31
ReturnHeader/TaxYr02021

Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$3.02$0.12$2.89$0.54$0.65$0.11
2023Detailed filing. Detailed filing data is available for this year.$3.04$0.04$3.01$0.45$0.53$0.07
2022Detailed filing. Detailed filing data is available for this year.$3.13$0.05$3.08$0.41$0.55$0.14
2021Detailed filing. Detailed filing data is available for this year.$3.27$0.04$3.22$0.38$0.50$0.12
2020Detailed filing. Detailed filing data is available for this year.$3.39$0.05$3.34$0.62$0.41$0.21
2019Detailed filing. Detailed filing data is available for this year.$3.29$0.16$3.13$1.96$0.43$1.54
2018Detailed filing. Detailed filing data is available for this year.$1.93$0.33$1.59$0.64$0.41$0.23
2017Summary only. Only limited summary data is available for this year.$1.42$0.06$1.36$0.34$0.40$0.06
2016Summary only. Only limited summary data is available for this year.$1.52$0.11$1.42$0.32$0.38$0.06
2015Summary only. Only limited summary data is available for this year.$1.51$0.03$1.48$0.43$0.38$0.05
2014Summary only. Only limited summary data is available for this year.$1.45$0.02$1.43$0.28$0.35$0.07
2013Summary only. Only limited summary data is available for this year.$1.51$0.00$1.51$0.30$0.34$0.04
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.57$0.01$1.56$0.32
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.59$0.00$1.59$0.33
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.65$0.01$1.64$0.31