Civic Intelligence

Three Oaks Water Supply

990 • Fiscal year 2019 • EIN 74-1719034

Oct 01, 2018 to Sep 30, 2019 • Filed on Nov 25, 2019

6907 Fm 541 WFloresville, TX 78114

(830) 391-2198

Siviq Scores

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

Liabilities / Assets

21st percentile

0.03x

Higher debt load relative to assets than 21% of similar nonprofits.

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

Liabilities / Revenue

22nd percentile

0.11x

Higher debt load relative to revenue than 22% of similar nonprofits.

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

Net Margin

83rd percentile

23%

Higher net margin than 83% of similar nonprofits.

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

Top Officer Pay

95th percentile

$84,970

Higher top officer pay than 95% of similar nonprofits.

Top officer pay equals 17.6% of source-year revenue.

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

Asset Growth

82nd percentile

6.7%

Faster asset growth than 82% of similar nonprofits.

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

Revenue Growth

61st percentile

3.2%

Faster revenue growth than 61% of similar nonprofits.

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

Assets

Up

$1,814,211

Up $114,159 (+6.7%) from 2018

Net Assets

Up

$1,759,927

Up $110,150 (+6.7%) from 2018

Liabilities

Up

$54,284

Up $4,009 (+8.0%) from 2018

Revenue

Up

$482,086

Up $14,746 (+3.2%) from 2018

Expenses

Down

$371,935

Down $27,282 (-6.8%) from 2018

Net Income

Up

$110,151

Up $42,028 (+62%) from 2018

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 2011: $1,110,425Liabilities 2011: $41,287Net Assets 2011: $1,069,1382011Assets 2012: $1,212,951Liabilities 2012: $20,359Net Assets 2012: $1,192,5922012Assets 2013: $1,290,352Liabilities 2013: $20,098Net Assets 2013: $1,270,2542013Assets 2014: $1,402,451Liabilities 2014: $17,402Net Assets 2014: $1,385,0492014Assets 2015: $1,463,632Liabilities 2015: $15,281Net Assets 2015: $1,448,3512015Assets 2016: $1,569,171Liabilities 2016: $54,441Net Assets 2016: $1,514,7302016Assets 2017: $1,630,523Liabilities 2017: $48,868Net Assets 2017: $1,581,6552017Assets 2018: $1,700,052Liabilities 2018: $50,275Net Assets 2018: $1,649,7772018Assets 2019: $1,814,211Liabilities 2019: $54,284Net Assets 2019: $1,759,9272019Assets 2020: $1,948,115Liabilities 2020: $38,197Net Assets 2020: $1,909,9182020Assets 2021: $2,021,372Liabilities 2021: $40,808Net Assets 2021: $1,980,5642021Assets 2022: $2,811,787Liabilities 2022: $692,887Net Assets 2022: $2,118,9002022Assets 2023: $2,909,631Liabilities 2023: $677,288Net Assets 2023: $2,232,3432023Assets 2025: $3,131,458Liabilities 2025: $773,703Net Assets 2025: $2,357,7552025

Highlighted filing

2019

Assets$1,814,211
Liabilities$54,284
Net Assets$1,759,927

Operations Trend

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

$1.0M$500K$0Revenue 2011: $399,032Expenses 2011: $281,375Net Income 2011: $117,6572011Revenue 2012: $425,051Expenses 2012: $300,308Net Income 2012: $124,7432012Revenue 2013: $402,124Expenses 2013: $323,832Net Income 2013: $78,2922013Revenue 2014: $409,267Expenses 2014: $294,472Net Income 2014: $114,7952014Revenue 2015: $367,722Expenses 2015: $304,420Net Income 2015: $63,3022015Revenue 2016: $415,137Expenses 2016: $348,758Net Income 2016: $66,3792016Revenue 2017: $435,648Expenses 2017: $368,722Net Income 2017: $66,9262017Revenue 2018: $467,340Expenses 2018: $399,217Net Income 2018: $68,1232018Revenue 2019: $482,086Expenses 2019: $371,935Net Income 2019: $110,1512019Revenue 2020: $524,196Expenses 2020: $374,205Net Income 2020: $149,9912020Revenue 2021: $537,724Expenses 2021: $467,078Net Income 2021: $70,6462021Revenue 2022: $639,843Expenses 2022: $501,507Net Income 2022: $138,3362022Revenue 2023: $684,637Expenses 2023: $571,194Net Income 2023: $113,4432023Revenue 2025: $955,377Expenses 2025: $774,103Net Income 2025: $181,2742025

Highlighted filing

2019

Revenue$482,086
Expenses$371,935
Net Income$110,151
Jump To
Filing Snapshot
Filing Period
Oct 1, 2018 to Sep 30, 2019
Signed
Nov 25, 2019
Return Version
2018v3.1
Gross Receipts
$482,086
Mission and Program Overview

Mission

Provide potable water to rural areas located in atascosa, karnes, and wilson counties, texas.

Provide potable water to rural area in wilson and karnes counties, texas.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$1,360,306$1,307,729▼ $52,577
Savings and Temporary Cash Investments$297,236$463,756▲ $166,520
Cash and Non-Interest-Bearing Accounts$8,580$16,818▲ $8,238
Inventories for Sale or Use$19,256$11,981▼ $7,275
Prepaid Expenses and Deferred Charges$10,440$9,706▼ $734
Accounts Receivable$4,236$4,221▼ $15
Other Notes and Loans Receivable, Net-$0-
Pledges and Grants Receivable-$0-
Receivable From Disqualified Prsn-$0-
Receivables From Officers Etc-$0-
Investments Other Securities-$0-
Investments Program Related-$0-
Investments in Publicly Traded Securities-$0-
Intangible Assets-$0-
Total Assets$1,700,052$1,814,211▲ $114,159
Other Assets Total$-2$0▲ $2
Liabilities
Deferred Revenue$37,675$43,171▲ $5,496
Accounts Payable and Accrued Expenses$12,600$11,111▼ $1,489
Other Liabilities-$2-
Total Liabilities$50,275$54,284▲ $4,009
Net Assets / Fund Balance
Unrestricted Net Assets$1,598,878$1,707,428▲ $108,550
Temporarily Rstr Net Assets$50,899$52,499▲ $1,600
Total Net Assets Fund Balance$1,649,777$1,759,927▲ $110,150
Total Liabilities and Net Assets / Fund Balance$1,700,052$1,814,211▲ $114,159

Asset Categories

AssetBook ValueDepreciationBasis
Leasehold Improvements$1,085,741$1,762,770$2,848,511
Equipment$45,201$77,786$122,987
Buildings$85,377$23,392$108,769
Other Land Buildings$60,574$1,652$62,226
Land$30,836-$30,836
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Kenneth HosekManagerFT$84,970$84,970

Board Members and Trustees

NameTitle
Kevin RaabePresident
James NollVice President
Anthomy KorzekwaMember
Curt RaabeMember
Richard MoczygembaMember
Rob MoczygembaMember
Jim PruskiSecretary/Treas
Revenue and Support

Revenue Composition

Contributions and Grants
$1,600
Program Service Revenue
$479,947
Investment Income
$539
Other Revenue
$0
Change in Net Assets
$110,151
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$237,624
Salaries, Compensation, and Employee Benefits$134,311
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Depreciation Depletion$113,847--$113,847
Current Officers, Directors, Trustees, and Key Employees$84,970--$84,970
Other Salaries and Wages$36,281--$36,281
Fees for Services Accounting$27,500--$27,500
All Other Expenses$20,997--$20,997
Insurance$10,838--$10,838
Payroll Taxes$9,424--$9,424
Office Expenses$6,260--$6,260
Other Expenses$6,186--$6,186
Pension Plan Contributions$3,636--$3,636
Conferences and Meetings$1,200--$1,200
Total Functional Expenses$371,935$0$0$371,935
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
Rounding$2
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
No
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
No
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Line 2: Description of Business or Family Relationship of Officers, Directors, Et

Kevin raabe and curt raabe are both on the board and are brothers

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

The organization is a co-op formed to provide potable water to its members. All who belong to the coop are members and have a right to vote for officers

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

No review was or will be conducted.

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

All governing documents and financial statements are available to public inspection upon request

Filing and Contact Details

Filer

Filer Name
Three Oaks Water Supply
EIN
74-1719034
Phone
8303912198
Address
6907 FM 541 W, FLORESVILLE, TX 78114

Signing Officer

Name
Jim Pruski
Title
Secretary
Signed
2019-11-25
Discuss with paid preparer
Yes

Organization Details

Legal Domicile
TX
Voting Board Members
7
Independent Board Members
6
Employees
2

Preparer

Firm
Verna K Gorzell CPA
Address
1315 4th Street, Floresville, TX 78114
Preparer
Verna K Gorzell
Phone
8303934269
Supplemental Narrative

Additional Explanations

Other Changes In Net Assets Or Fund Balances - Other Decreases

ROUNDING ERROR = -$1

Raw XML Appendix394 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/ProgramServiceRevenueGrp/BusinessCd0221000
IRS990/ProgramServiceRevenueGrp/Desc0PROVIDE POTABLE WATER
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt0479947
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt0479947
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt0350
IRS990/PYInvestmentIncomeAmt0-2005
IRS990/PymtTravelEntrtnmntPubOfclGrp/TotalAmt00
IRS990/PYOtherExpensesAmt0249650
IRS990/PYProgramServiceRevenueAmt0468995
IRS990/PYRevenuesLessExpensesAmt068123
IRS990/PYSalariesCompEmpBnftPaidAmt0149567
IRS990/PYTotalExpensesAmt0399217
IRS990/PYTotalRevenueAmt0467340
IRS990/RcvblFromDisqualifiedPrsnGrp/EOYAmt00
IRS990/ReceivablesFromOfficersEtcGrp/EOYAmt00
IRS990/ReconcilationRevenueExpnssAmt0110151
IRS990/RegularMonitoringEnfrcInd0false
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0true
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RoyaltiesGrp/TotalAmt00
IRS990/RoyaltiesRevenueGrp/TotalRevenueColumnAmt00
IRS990/SavingsAndTempCashInvstGrp/BOYAmt0297236
IRS990/SavingsAndTempCashInvstGrp/EOYAmt0463756
IRS990/ScheduleBRequiredInd0false
IRS990ScheduleD/BuildingsGrp/BookValueAmt085377
IRS990ScheduleD/BuildingsGrp/DepreciationAmt023392
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt0108769
IRS990ScheduleD/EquipmentGrp/BookValueAmt045201
IRS990ScheduleD/EquipmentGrp/DepreciationAmt077786
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt0122987
IRS990ScheduleD/LandGrp/BookValueAmt030836
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt030836
IRS990ScheduleD/LeaseholdImprovementsGrp/BookValueAmt01085741
IRS990ScheduleD/LeaseholdImprovementsGrp/DepreciationAmt01762770
IRS990ScheduleD/LeaseholdImprovementsGrp/OtherCostOrOtherBasisAmt02848511
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt060574
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt01652
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt062226
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt02
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0Rounding
IRS990ScheduleD/TotalBookValueLandBuildingsAmt01307729
IRS990ScheduleD/TotalLiabilityAmt02
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0false
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0KEVIN RAABE AND CURT RAABE ARE BOTH ON THE BOARD AND ARE BROTHERS
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE ORGANIZATION IS A CO-OP FORMED TO PROVIDE POTABLE WATER TO ITS MEMBERS. ALL WHO BELONG TO THE COOP ARE MEMBERS AND HAVE A RIGHT TO VOTE FOR OFFICERS
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2No review was or will be conducted.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3ALL GOVERNING DOCUMENTS AND FINANCIAL STATEMENTS ARE AVAILABLE TO PUBLIC INSPECTION UPON REQUEST
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4ROUNDING ERROR = -$1
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990, Part VI, Line 2: Description of Business or Family Relationship of Officers, Directors, Et
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990, Part VI, Line 6: Explanation of Classes of Members or Shareholder
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Form 990, Part VI, Line 11b: Form 990 Review Process
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Form 990, Part VI, Line 19: Other Organization Documents Publicly Available
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Other Changes In Net Assets Or Fund Balances - Other Decreases
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/SubjectToExcsTaxNetInvstIncInd0false
IRS990/SubjectToProxyTaxInd0false
IRS990/SubjToTaxRmnrtnExPrchtPymtInd0false
IRS990/TaxableDistributionsInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TemporarilyRstrNetAssetsGrp/BOYAmt050899
IRS990/TemporarilyRstrNetAssetsGrp/EOYAmt052499
IRS990/TempOrPermanentEndowmentsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt01700052
IRS990/TotalAssetsEOYAmt01814211
IRS990/TotalAssetsGrp/BOYAmt01700052
IRS990/TotalAssetsGrp/EOYAmt01814211
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalContributionsAmt01600
IRS990/TotalEmployeeCnt02
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt00
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0371935
IRS990/TotalFunctionalExpensesGrp/TotalAmt0371935
IRS990/TotalGrossUBIAmt0539
IRS990/TotalLiabilitiesBOYAmt050275
IRS990/TotalLiabilitiesEOYAmt054284
IRS990/TotalLiabilitiesGrp/BOYAmt050275
IRS990/TotalLiabilitiesGrp/EOYAmt054284
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt01649777
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt01759927
IRS990/TotalProgramServiceRevenueAmt0479947
IRS990/TotalReportableCompFromOrgAmt084970
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt0479947
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0482086
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt0539
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt01700052
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt01814211
IRS990/TravelGrp/TotalAmt00
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/UnrestrictedNetAssetsGrp/BOYAmt01598878
IRS990/UnrestrictedNetAssetsGrp/EOYAmt01707428
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt06907 FM 541 W
IRS990/USAddress/CityNm0FLORESVILLE
IRS990/USAddress/StateAbbreviationCd0TX
IRS990/USAddress/ZIPCd078114
IRS990/VotingMembersGoverningBodyCnt07
IRS990/VotingMembersIndependentCnt06
IRS990/WebsiteAddressTxt0N/A
IRS990/WhistleblowerPolicyInd0false
ReturnHeader/BuildTS02020-04-17 16:48:07Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0JIM PRUSKI
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0Secretary
ReturnHeader/BusinessOfficerGrp/SignatureDt02019-11-25
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0THREE OAKS WATER SUPPLY
ReturnHeader/Filer/BusinessNameControlTxt0THRE
ReturnHeader/Filer/EIN0741719034
ReturnHeader/Filer/PhoneNum08303912198
ReturnHeader/Filer/USAddress/AddressLine1Txt06907 FM 541 W
ReturnHeader/Filer/USAddress/CityNm0FLORESVILLE
ReturnHeader/Filer/USAddress/StateAbbreviationCd0TX
ReturnHeader/Filer/USAddress/ZIPCd078114
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0742485700
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0Verna K Gorzell CPA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt01315 4th Street
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0Floresville
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0TX
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd078114
ReturnHeader/PreparerPersonGrp/PhoneNum08303934269
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0Verna K Gorzell
ReturnHeader/PreparerPersonGrp/SelfEmployedInd0X
ReturnHeader/ReturnTs02019-11-25T08:52:22-08:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02018-10-01
ReturnHeader/TaxPeriodEndDt02019-09-30
ReturnHeader/TaxYr02018

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Facts available. Structured filing facts are available, but richer extracted sections are limited.$3.13$0.77$2.36$0.96$0.77$0.18
2023Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.91$0.68$2.23$0.68$0.57$0.11
2022Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.81$0.69$2.12$0.64$0.50$0.14
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2.02$0.04$1.98$0.54$0.47$0.07
2020Summary only. Only limited summary data is available for this year.$1.95$0.04$1.91$0.52$0.37$0.15
2019Detailed filing. Detailed filing data is available for this year.$1.81$0.05$1.76$0.48$0.37$0.11
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.70$0.05$1.65$0.47$0.40$0.07
2017Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.63$0.05$1.58$0.44$0.37$0.07
2016Detailed filing. Detailed filing data is available for this year.$1.57$0.05$1.51$0.42$0.35$0.07
2015Summary only. Only limited summary data is available for this year.$1.46$0.02$1.45$0.37$0.30$0.06
2014Summary only. Only limited summary data is available for this year.$1.40$0.02$1.39$0.41$0.29$0.11
2013Summary only. Only limited summary data is available for this year.$1.29$0.02$1.27$0.40$0.32$0.08
2012Summary only. Only limited summary data is available for this year.$1.21$0.02$1.19$0.43$0.30$0.12
2011Summary only. Only limited summary data is available for this year.$1.11$0.04$1.07$0.40$0.28$0.12