Civic Intelligence

Dog Ridge Water Supply Corporation

EIN 74-1996973 • 501(c)12 • Belton, TX

Profile

Provide potable water to about 1,500

PO Box 232Belton, TX 76513

www.dogridgewsc.com

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

82nd percentile

0.52x

Higher debt load relative to assets than 82% of similar nonprofits.

501(c)12 • $5M-$10M nonprofits • Source year 2025

Liabilities / Revenue

67th percentile

1.64x

Higher debt load relative to revenue than 67% of similar nonprofits.

501(c)12 • $5M-$10M nonprofits • Source year 2025

Net Margin

20th percentile

-2.2%

Higher net margin than 20% of similar nonprofits.

501(c)12 • $5M-$10M nonprofits • Source year 2025

Top Officer Pay

48th percentile

$0

Higher top officer pay than 48% of similar nonprofits.

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

501(c)12 • $5M-$10M nonprofits • Source year 2025

Asset Growth

95th percentile

47%

Faster asset growth than 95% of similar nonprofits.

501(c)12 • $5M-$10M nonprofits • Annualized from 2024 to 2025

Revenue Growth

81st percentile

24%

Faster revenue growth than 81% of similar nonprofits.

501(c)12 • $5M-$10M nonprofits • Annualized from 2024 to 2025

Assets

Up

$7,354,811

Up $2,338,169 (+47%) from 2024

Liabilities

Up

$3,796,808

Up $2,104,888 (+124%) from 2024

Net Assets

Up

$3,558,003

Up $233,281 (+7.0%) from 2024

Revenue

Up

$2,320,262

Up $454,242 (+24%) from 2024

Expenses

Up

$2,370,775

Up $438,314 (+23%) from 2024

Net Income

Up

-$50,513

Up $15,928 (+24%) from 2024

Trend Graphs

Balance Sheet Trend

Grouped bars show assets, liabilities, and net assets across loaded filings.

$8.0M$6.0M$4.0M$2.0M$0Assets 2010: $1,915,092Liabilities 2010: $98,212Net Assets 2010: $1,816,8802010Assets 2011: $1,965,596Liabilities 2011: $112,862Net Assets 2011: $1,852,7342011Assets 2012: $1,939,114Liabilities 2012: $88,618Net Assets 2012: $1,850,4962012Assets 2013: $2,166,204Liabilities 2013: $82,371Net Assets 2013: $2,083,8332013Assets 2014: $2,294,368Liabilities 2014: $96,623Net Assets 2014: $2,197,7452014Assets 2015: $2,988,942Liabilities 2015: $750,364Net Assets 2015: $2,238,5782015Assets 2016: $3,387,852Liabilities 2016: $1,294,097Net Assets 2016: $2,093,7552016Assets 2017: $3,276,973Liabilities 2017: $1,210,937Net Assets 2017: $2,066,0362017Assets 2018: $3,368,624Liabilities 2018: $1,173,627Net Assets 2018: $2,194,9972018Assets 2019: $3,269,402Liabilities 2019: $1,158,937Net Assets 2019: $2,110,4652019Assets 2020: $3,579,146Liabilities 2020: $1,124,111Net Assets 2020: $2,455,0352020Assets 2021: $4,760,221Liabilities 2021: $1,925,791Net Assets 2021: $2,834,4302021Assets 2022: $4,966,981Liabilities 2022: $1,779,174Net Assets 2022: $3,187,8072022Assets 2023: $4,963,457Liabilities 2023: $1,752,206Net Assets 2023: $3,211,2512023Assets 2024: $5,016,642Liabilities 2024: $1,691,920Net Assets 2024: $3,324,7222024Assets 2025: $7,354,811Liabilities 2025: $3,796,808Net Assets 2025: $3,558,0032025

Highlighted filing

2025

Assets$7,354,811
Liabilities$3,796,808
Net Assets$3,558,003

Operations Trend

Revenue, expenses, and net income by year, with the latest filing highlighted.

$3.0M$2.0M$1.0M$0-$1.0MExpenses 2010: $1,131,8972010Expenses 2011: $1,290,5812011Expenses 2012: $1,265,5212012Expenses 2013: $1,233,4472013Revenue 2014: $1,392,845Expenses 2014: $1,266,935Net Income 2014: $125,9102014Revenue 2015: $1,404,987Expenses 2015: $1,373,871Net Income 2015: $31,1162015Revenue 2016: $1,400,799Expenses 2016: $1,545,623Net Income 2016: -$144,8242016Revenue 2017: $1,472,802Expenses 2017: $1,504,515Net Income 2017: -$31,7132017Revenue 2018: $1,549,104Expenses 2018: $1,441,283Net Income 2018: $107,8212018Revenue 2019: $1,512,769Expenses 2019: $1,600,501Net Income 2019: -$87,7322019Revenue 2020: $1,805,727Expenses 2020: $1,500,461Net Income 2020: $305,2662020Revenue 2021: $1,802,827Expenses 2021: $1,481,789Net Income 2021: $321,0382021Revenue 2022: $1,875,529Expenses 2022: $1,727,426Net Income 2022: $148,1032022Revenue 2023: $1,948,364Expenses 2023: $1,990,624Net Income 2023: -$42,2602023Revenue 2024: $1,866,020Expenses 2024: $1,932,461Net Income 2024: -$66,4412024Revenue 2025: $2,320,262Expenses 2025: $2,370,775Net Income 2025: -$50,5132025

Highlighted filing

2025

Revenue$2,320,262
Expenses$2,370,775
Net Income-$50,513

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Detailed filing. Detailed filing data is available for this year.$7.35$3.80$3.56$2.32$2.37$0.05
2024Detailed filing. Detailed filing data is available for this year.$5.02$1.69$3.32$1.87$1.93$0.07
2023Detailed filing. Detailed filing data is available for this year.$4.96$1.75$3.21$1.95$1.99$0.04
2022Detailed filing. Detailed filing data is available for this year.$4.97$1.78$3.19$1.88$1.73$0.15
2021Detailed filing. Detailed filing data is available for this year.$4.76$1.93$2.83$1.80$1.48$0.32
2020Detailed filing. Detailed filing data is available for this year.$3.58$1.12$2.46$1.81$1.50$0.31
2019Detailed filing. Detailed filing data is available for this year.$3.27$1.16$2.11$1.51$1.60$0.09
2018Detailed filing. Detailed filing data is available for this year.$3.37$1.17$2.19$1.55$1.44$0.11
2017Detailed filing. Detailed filing data is available for this year.$3.28$1.21$2.07$1.47$1.50$0.03
2016Detailed filing. Detailed filing data is available for this year.$3.39$1.29$2.09$1.40$1.55$0.14
2015Detailed filing. Detailed filing data is available for this year.$2.99$0.75$2.24$1.40$1.37$0.03
2014Detailed filing. Detailed filing data is available for this year.$2.29$0.10$2.20$1.39$1.27$0.13
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.17$0.08$2.08$1.23
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.94$0.09$1.85$1.27
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.97$0.11$1.85$1.29
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.92$0.10$1.82$1.13
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Oct 1, 2024 to Sep 30, 2025
Signed
Mar 6, 2026
Return Version
2024v5.0
Gross Receipts
$2,320,262
Mission and Program Overview

Mission

Provide potable water to 1,967 rural members.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$3,407,570$3,646,145▲ $238,575
Rtn Earn Endowment Incm Other Fnds$2,344,483$2,293,970▼ $50,513
Cash and Non-Interest-Bearing Accounts$302,756$2,264,121▲ $1,961,365
Savings and Temporary Cash Investments$1,115,159$1,160,635▲ $45,476
Pd in Cap Srpls Land Bldg Eqp Fund$715,881$982,118▲ $266,237
Cap Stk Tr Prin Current Funds$264,358$281,915▲ $17,557
Accounts Receivable$162,001$243,991▲ $81,990
Prepaid Expenses and Deferred Charges$28,656$39,419▲ $10,763
Total Assets$5,016,642$7,354,811▲ $2,338,169
Other Assets Total$500$500→ $0
Liabilities
Mortgage Notes Payable Secured by Investment Property$1,666,365$2,569,665▲ $903,300
Deferred Revenue-$992,200-
Accounts Payable and Accrued Expenses$25,555$234,943▲ $209,388
Total Liabilities$1,691,920$3,796,808▲ $2,104,888
Net Assets / Fund Balance
Total Net Assets Fund Balance$3,324,722$3,558,003▲ $233,281
Total Liabilities and Net Assets / Fund Balance$5,016,642$7,354,811▲ $2,338,169

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$2,939,995$4,107,507$7,047,502
Buildings$379,025$265,451$644,476
Other Land Buildings$286,416-$286,416
Land$40,709-$40,709
Compensation and Service Providers

Board Members and Trustees

NameTitle
Heidi CurtisPresident
Jeff CombsDirector
Sunshine SanchezDirector
Mark MahlerSecretary/tr
Rudy WatkinsVice Preside
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$2,223,526
Investment Income
$84,886
Other Revenue
$11,850
Change in Net Assets
$-50,513

Audited Revenue Reconciliation

Revenue per Audited Statements
$2,320,262
Total Revenue per Audited Statements
$2,320,262
Total Revenue per Form 990
$2,320,262
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$2,018,315
Salaries, Compensation, and Employee Benefits$352,460
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$295,799--$295,799
Depreciation Depletion$216,285--$216,285
Interest$104,754--$104,754
All Other Expenses$62,313--$62,313
Other Expenses$43,985--$43,985
Insurance$40,589--$40,589
Other Employee Benefits$29,583--$29,583
Fees for Services Legal$24,121--$24,121
Payroll Taxes$22,981--$22,981
Fees for Services Accounting$10,175--$10,175
Fees for Services Other$7,380--$7,380
Pension Plan Contributions$4,097--$4,097
Advertising$801--$801
Total Functional Expenses$2,370,775$0$0$2,370,775

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$2,370,775
Total Expenses per Audited Statements$2,370,775
Total Expenses per Form 990$2,370,775
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
Audit committee
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
No
Audited financial statements prepared
No
Key decisions subject to board approval
Yes
Management duties delegated
No

Governance Explanations

Form 990, Page 6, Part VI, Line 6

Class of members or stockholders yes. Corporation consisted of 1,668 rural members.

Form 990, Page 6, Part VI, Line 7A

Election of board members and their rights. Board members are duly elected by the members.

Form 990, Page 6, Part VI, Line 7B

Decisions subject to approval of members. Election of board members are suject to approval.

Form 990, Page 6, Part VI, Line 11B

Organization's process to review form 990. Board of directors reviews forms.

Form 990, Page 6, Part VI, Line 19

Documents are available upon request.

Filing and Contact Details

Filer

Filer Name
Dog Ridge Water Supply Corporation
EIN
74-1996973
Phone
2549396533
Address
PO BOX 232, BELTON, TX 76513

Signing Officer

Name
Mark Mahler
Title
Secretary/treasurer
Phone
2549396533
Signed
2026-03-06
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Mark Mahler
Formed
1965
Legal Domicile
TX
Voting Board Members
5
Independent Board Members
5
Employees
6

Preparer

Firm
Ludwick Montgomery & Stapp Pc
Address
1949 SCOTT BLVD, TEMPLE, TX 76504
Preparer
Blake P Stapp
Phone
2547710061
Supplemental Narrative

Additional Explanations

Form 990, Page 2, Part III, Line 4D

To provide potable water for approximately 1,967 rural members

Form 990, Part XI, Line 9

New members 17,557 equity buy in 209,084 donated investments 57,153 total 283,794

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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/RelatedOrExemptFuncIncomeAmt223340
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt36930
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt02138419
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt154837
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt223340
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt36930
IRS990/ProgSrvcAccomActyOtherGrp/Desc0TO PROVIDE POTABLE WATER FOR APPROXIMATELY 1,967 RURAL MEMBERS
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYInvestmentIncomeAmt058672
IRS990/PYOtherExpensesAmt01630387
IRS990/PYOtherRevenueAmt05538
IRS990/PYProgramServiceRevenueAmt01801810
IRS990/PYRevenuesLessExpensesAmt0-66441
IRS990/PYSalariesCompEmpBnftPaidAmt0302074
IRS990/PYTotalExpensesAmt01932461
IRS990/PYTotalRevenueAmt01866020
IRS990/ReconcilationRevenueExpnssAmt0-50513
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0false
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RtnEarnEndowmentIncmOthFndsGrp/BOYAmt02344483
IRS990/RtnEarnEndowmentIncmOthFndsGrp/EOYAmt02293970
IRS990/SavingsAndTempCashInvstGrp/BOYAmt01115159
IRS990/SavingsAndTempCashInvstGrp/EOYAmt01160635
IRS990/ScheduleBRequiredInd0false
IRS990ScheduleD/BuildingsGrp/BookValueAmt0379025
IRS990ScheduleD/BuildingsGrp/DepreciationAmt0265451
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt0644476
IRS990ScheduleD/EquipmentGrp/BookValueAmt02939995
IRS990ScheduleD/EquipmentGrp/DepreciationAmt04107507
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt07047502
IRS990ScheduleD/ExpensesSubtotalAmt02370775
IRS990ScheduleD/LandGrp/BookValueAmt040709
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt040709
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt0286416
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt0286416
IRS990ScheduleD/RevenueSubtotalAmt02320262
IRS990ScheduleD/TotalBookValueLandBuildingsAmt03646145
IRS990ScheduleD/TotalExpensesPerForm990Amt02370775
IRS990ScheduleD/TotalRevenuePerForm990Amt02320262
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt02320262
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt02370775
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0TO PROVIDE POTABLE WATER FOR APPROXIMATELY 1,967 RURAL MEMBERS
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1CLASS OF MEMBERS OR STOCKHOLDERS YES. CORPORATION CONSISTED OF 1,668 RURAL MEMBERS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2ELECTION OF BOARD MEMBERS AND THEIR RIGHTS. BOARD MEMBERS ARE DULY ELECTED BY THE MEMBERS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3DECISIONS SUBJECT TO APPROVAL OF MEMBERS. ELECTION OF BOARD MEMBERS ARE SUJECT TO APPROVAL.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4ORGANIZATION'S PROCESS TO REVIEW FORM 990. BOARD OF DIRECTORS REVIEWS FORMS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5DOCUMENTS ARE AVAILABLE UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6NEW MEMBERS 17,557 EQUITY BUY IN 209,084 DONATED INVESTMENTS 57,153 TOTAL 283,794
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PAGE 2, PART III, LINE 4D
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PAGE 6, PART VI, LINE 6
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PAGE 6, PART VI, LINE 7A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PAGE 6, PART VI, LINE 7B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PAGE 6, PART VI, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990, PAGE 6, PART VI, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6FORM 990, PART XI, LINE 9
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/SubjectToExcsTaxNetInvstIncInd0false
IRS990/SubjectToProxyTaxInd0false
IRS990/SubjToTaxRmnrtnExPrchtPymtInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt05016642
IRS990/TotalAssetsEOYAmt07354811
IRS990/TotalAssetsGrp/BOYAmt05016642
IRS990/TotalAssetsGrp/EOYAmt07354811
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalEmployeeCnt06
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt00
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt02370775
IRS990/TotalFunctionalExpensesGrp/TotalAmt02370775
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt01691920
IRS990/TotalLiabilitiesEOYAmt03796808
IRS990/TotalLiabilitiesGrp/BOYAmt01691920
IRS990/TotalLiabilitiesGrp/EOYAmt03796808
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt03324722
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt03558003
IRS990/TotalProgramServiceRevenueAmt02223526
IRS990/TotalRevenueGrp/ExclusionAmt084886
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt02235376
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt02320262
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt05016642
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt07354811
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt0PO BOX 232
IRS990/USAddress/CityNm0BELTON
IRS990/USAddress/StateAbbreviationCd0TX
IRS990/USAddress/ZIPCd076513
IRS990/VotingMembersGoverningBodyCnt05
IRS990/VotingMembersIndependentCnt05
IRS990/WebsiteAddressTxt0WWW.DOGRIDGEWSC.COM
IRS990/WhistleblowerPolicyInd0false
ReturnHeader/BuildTS02025-03-06 01:10:19Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0MARK MAHLER
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0SECRETARY/TREASURER
ReturnHeader/BusinessOfficerGrp/PhoneNum02549396533
ReturnHeader/BusinessOfficerGrp/SignatureDt02026-03-06
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0DOG RIDGE WATER SUPPLY CORPORATION
ReturnHeader/Filer/BusinessNameControlTxt0DOGR
ReturnHeader/Filer/EIN0741996973
ReturnHeader/Filer/PhoneNum02549396533
ReturnHeader/Filer/USAddress/AddressLine1Txt0PO BOX 232
ReturnHeader/Filer/USAddress/CityNm0BELTON
ReturnHeader/Filer/USAddress/StateAbbreviationCd0TX
ReturnHeader/Filer/USAddress/ZIPCd076513
ReturnHeader/IRSResponsiblePrtyInfoCurrInd0true
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0742243906
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0LUDWICK MONTGOMERY & STAPP PC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt01949 SCOTT BLVD
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0TEMPLE
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0TX
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd076504
ReturnHeader/PreparerPersonGrp/PhoneNum02547710061
ReturnHeader/PreparerPersonGrp/PreparationDt02026-03-07
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0BLAKE P STAPP
ReturnHeader/ReturnTs02026-03-08T15:04:42-04:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02024-10-01
ReturnHeader/TaxPeriodEndDt02025-09-30
ReturnHeader/TaxYr02024

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