Liabilities / Assets
72nd percentile
Higher debt load relative to assets than 72% of similar nonprofits.
EIN 74-2556714 • 501(c)12 • New Summerfield, TX
Profile
To provide potable water to
Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.
Liabilities / Assets
72nd percentile
Higher debt load relative to assets than 72% of similar nonprofits.
Liabilities / Revenue
67th percentile
Higher debt load relative to revenue than 67% of similar nonprofits.
Net Margin
26th percentile
Higher net margin than 26% of similar nonprofits.
Top Officer Pay
74th percentile
Higher top officer pay than 74% of similar nonprofits.
Top officer pay equals 0.0% of source-year revenue.
Asset Growth
20th percentile
Faster asset growth than 20% of similar nonprofits.
Revenue Growth
32nd percentile
Faster revenue growth than 32% of similar nonprofits.
Assets
Down$936,145
Down $53,256 (-5.4%) from 2024
Liabilities
Down$242,956
Down $20,530 (-7.8%) from 2024
Net Assets
Down$693,189
Down $32,726 (-4.5%) from 2024
Revenue
Down$415,240
Down $8,191 (-1.9%) from 2024
Expenses
Up$451,310
Up $27,909 (+6.6%) from 2024
Net Income
Down-$36,070
Down $36,100 (-120333%) from 2024
Most recent year
2025 • Form 990Facts available. Structured filing facts are available, but richer extracted sections are limited.
To provide potable water to the rural residents of the Afton Grove community
| Line | Beginning | End | Change |
|---|---|---|---|
| Assets | |||
| Land, Buildings, and Equipment, Net | $653,154 | $618,485 | ▼ $34,669 |
| Savings and Temporary Cash Investments | $186,439 | $192,363 | ▲ $5,924 |
| Cash and Non-Interest-Bearing Accounts | $68,336 | $43,323 | ▼ $25,013 |
| Accounts Receivable | $37,777 | $36,317 | ▼ $1,460 |
| Total Assets | $989,401 | $936,145 | ▼ $53,256 |
| Other Assets Total | $43,695 | $45,657 | ▲ $1,962 |
| Liabilities | |||
| Mortgage Notes Payable Secured by Investment Property | $260,747 | $242,956 | ▼ $17,791 |
| Accounts Payable and Accrued Expenses | $2,739 | $0 | ▼ $2,739 |
| Total Liabilities | $263,486 | $242,956 | ▼ $20,530 |
| Net Assets / Fund Balance | |||
| Net Assets Without Donor Restrictions | $725,915 | $693,189 | ▼ $32,726 |
| Total Net Assets Fund Balance | $725,915 | $693,189 | ▼ $32,726 |
| Total Liabilities and Net Assets / Fund Balance | $989,401 | $936,145 | ▼ $53,256 |
| Asset | Book Value | Depreciation | Basis |
|---|---|---|---|
| Equipment | $606,225 | $843,963 | $1,450,188 |
| Land | $12,260 | - | $12,260 |
| Other Assets Org | $45,657 | - | - |
| Name | Title |
|---|---|
| Chance Hamilton | President |
| Glenn Smith | Vice President |
| David Hanna | Director |
| Mark Canter | Director |
| Matt Melenbacher | Director |
| Rodney Adams | Sec/Treasurer |
| Line Item | Amount |
|---|---|
| Other Expenses | $451,310 |
| Grants and Similar Amounts Paid | $0 |
| Professional Fundraising Fees | $0 |
| Salaries, Compensation, and Employee Benefits | $0 |
| Total Fundraising Expense | $0 |
| Line Item | Program | Management | Fundraising | Total |
|---|---|---|---|---|
| All Other Expenses | $201,096 | $0 | $0 | $201,096 |
| Depreciation Depletion | $34,669 | $0 | $0 | $34,669 |
| Insurance | $13,449 | $0 | $0 | $13,449 |
| Interest | $8,625 | $0 | $0 | $8,625 |
| Other Expenses | $4,848 | $0 | $0 | $4,848 |
| Office Expenses | $4,821 | $0 | $0 | $4,821 |
| Fees for Services Accounting | $850 | $0 | $0 | $850 |
| Total Functional Expenses | $451,310 | $0 | $0 | $451,310 |
| Line Item | Amount |
|---|---|
| Professional Fundraising Fees | $0 |
“Each person that purchases water must hold a current membership”
“Each director is notified that a file copy is at the office for their review prior to filing”
“Line 9 net of new memberships”
“Election each year by membership to elect 2 directors”
“Electricity for plants 12513. 12513. 0. 0.”
“Operator expense 86249. 86249. 0. 0.”
“Meter reader 17111. 17111. 0. 0.”
“Lab fees/samples 1780. 1780. 0. 0.”
“Bank charges 1154. 1154. 0. 0.”
“Contract labor-office 45868. 45868. 0. 0.”
“Reconnect fees 150. 150. 0. 0.”
“Dues & memberships 2480. 2480. 0. 0.”
“Software 4540. 4540. 0. 0.”
“Filing fees 10. 10. 0. 0.”
“Postage 2009. 2009. 0. 0.”
“Telephone 4527. 4527. 0. 0.”
“Installation costs 7360. 7360. 0. 0.”
“Contract labor 1510. 1510. 0. 0.”
“Road bore costs 7600. 7600. 0. 0.”
“Rent 570. 570. 0. 0.”
“Inspections 1085. 1085. 0. 0.”
“Repairs and maintenance 4580. 4580. 0. 0.”
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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|---|---|---|
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| IRS990/AccountsPayableAccrExpnssGrp/EOYAmt | 0 | 0 |
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| IRS990/AccountsReceivableGrp/EOYAmt | 0 | 36317 |
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| IRS990/BooksInCareOfDetail/USAddress/CityNm | 0 | New Summerfield |
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| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 0 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 1 | 0 |
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| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 5 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 0 | 0 |
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| IRS990/Form990PartVIISectionAGrp/TitleTxt | 3 | Director |
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| IRS990/Form990ProvidedToGvrnBodyInd | 0 | false |
| IRS990/FormationYr | 0 | 1965 |
| IRS990/FormerOfcrEmployeesListedInd | 0 | false |
| IRS990/FSAuditedInd | 0 | false |
| IRS990/FundraisingActivitiesInd | 0 | false |
| IRS990/GamingActivitiesInd | 0 | false |
| IRS990/GoverningBodyVotingMembersCnt | 0 | 6 |
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| IRS990/GrantsToOrganizationsInd | 0 | false |
| IRS990/GrantToRelatedPersonInd | 0 | false |
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| IRS990/GroupReturnForAffiliatesInd | 0 | false |
| IRS990/IncludeFIN48FootnoteInd | 0 | false |
| IRS990/IndependentAuditFinclStmtInd | 0 | false |
| IRS990/IndependentVotingMemberCnt | 0 | 6 |
| IRS990/IndoorTanningServicesInd | 0 | false |
| IRS990/InfoInScheduleOPartVIInd | 0 | X |
| IRS990/InfoInScheduleOPartXIInd | 0 | X |
| IRS990/InsuranceGrp/FundraisingAmt | 0 | 0 |
| IRS990/InsuranceGrp/ManagementAndGeneralAmt | 0 | 0 |
| IRS990/InsuranceGrp/ProgramServicesAmt | 0 | 13449 |
| IRS990/InsuranceGrp/TotalAmt | 0 | 13449 |
| IRS990/InterestGrp/FundraisingAmt | 0 | 0 |
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| IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt | 0 | 5965 |
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| IRS990/LandBldgEquipCostOrOtherBssAmt | 0 | 1462448 |
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| IRS990/LoanOutstandingInd | 0 | false |
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| IRS990/MembersOrStockholdersInd | 0 | false |
| IRS990/MethodOfAccountingAccrualInd | 0 | X |
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| IRS990/MinutesOfGoverningBodyInd | 0 | true |
| IRS990/MissionDesc | 0 | To provide potable water to the rural residents of the Afton Grove community |
| IRS990/MoreThan5000KToIndividualsInd | 0 | false |
| IRS990/MoreThan5000KToOrgInd | 0 | false |
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| IRS990/NetUnrelatedBusTxblIncmAmt | 0 | 0 |
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| IRS990/NoListedPersonsCompensatedInd | 0 | X |
| IRS990/NondeductibleContributionsInd | 0 | false |
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| IRS990/OfficeExpensesGrp/TotalAmt | 0 | 4821 |
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| IRS990/OperateHospitalInd | 0 | false |
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| IRS990/OrganizationFollowsFASB117Ind | 0 | X |
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| IRS990/OtherAssetsTotalGrp/EOYAmt | 0 | 45657 |
| IRS990/OtherChangesInNetAssetsAmt | 0 | 3344 |
| IRS990/OtherExpensesGrp/Desc | 0 | Water purchased |
| IRS990/OtherExpensesGrp/Desc | 1 | Line repairs/maintenance |
| IRS990/OtherExpensesGrp/Desc | 2 | Plant repairs/maint |
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| IRS990/OtherExpensesGrp/FundraisingAmt | 1 | 0 |
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| IRS990/ProgramServiceRevenueGrp/BusinessCd | 3 | 221000 |
| IRS990/ProgramServiceRevenueGrp/BusinessCd | 4 | 221000 |
| IRS990/ProgramServiceRevenueGrp/Desc | 0 | Water sales |
| IRS990/ProgramServiceRevenueGrp/Desc | 1 | Tap fees-meter install |
| IRS990/ProgramServiceRevenueGrp/Desc | 2 | Filing easement fees |
| IRS990/ProgramServiceRevenueGrp/Desc | 3 | Road bore fees |
| IRS990/ProgramServiceRevenueGrp/Desc | 4 | Miscellaneous |
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| IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt | 2 | 40 |
| IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt | 3 | 4000 |
| IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt | 4 | 1039 |
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| IRS990/ProgramServiceRevenueGrp/UnrelatedBusinessRevenueAmt | 4 | 0 |
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| IRS990/PYProgramServiceRevenueAmt | 0 | 418775 |
| IRS990/PYRevenuesLessExpensesAmt | 0 | 30 |
| IRS990/PYTotalExpensesAmt | 0 | 423401 |
| IRS990/PYTotalRevenueAmt | 0 | 423431 |
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| IRS990/ReportOtherLiabilitiesInd | 0 | false |
| IRS990/ReportProgramRelatedInvstInd | 0 | false |
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| IRS990/ScheduleBRequiredInd | 0 | false |
| IRS990ScheduleD/EquipmentGrp/BookValueAmt | 0 | 606225 |
| IRS990ScheduleD/EquipmentGrp/DepreciationAmt | 0 | 843963 |
| IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt | 0 | 1450188 |
| IRS990ScheduleD/LandGrp/BookValueAmt | 0 | 12260 |
| IRS990ScheduleD/LandGrp/InvestmentCostOrOtherBasisAmt | 0 | 0 |
| IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt | 0 | 12260 |
| IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt | 0 | 45657 |
| IRS990ScheduleD/OtherAssetsOrgGrp/Desc | 0 | Investment in Lake Columbia |
| IRS990ScheduleD/TotalBookValueLandBuildingsAmt | 0 | 618485 |
| IRS990ScheduleD/TotalBookValueOtherAssetsAmt | 0 | 45657 |
| IRS990/ScheduleJRequiredInd | 0 | false |
| IRS990/ScheduleORequiredInd | 0 | true |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 0 | Each person that purchases water must hold a current membership |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 1 | Each director is notified that a file copy is at the office for their review prior to filing |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 2 | Line 9 net of new memberships |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 3 | Election each year by membership to elect 2 directors |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 4 | Electricity for plants 12513. 12513. 0. 0. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 5 | Operator expense 86249. 86249. 0. 0. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 6 | Meter reader 17111. 17111. 0. 0. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 7 | Lab fees/samples 1780. 1780. 0. 0. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 8 | Bank charges 1154. 1154. 0. 0. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 9 | Contract labor-office 45868. 45868. 0. 0. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 10 | Reconnect fees 150. 150. 0. 0. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 11 | Dues & memberships 2480. 2480. 0. 0. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 12 | Software 4540. 4540. 0. 0. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 13 | Filing fees 10. 10. 0. 0. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 14 | Postage 2009. 2009. 0. 0. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 15 | Telephone 4527. 4527. 0. 0. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 16 | Installation costs 7360. 7360. 0. 0. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 17 | Contract labor 1510. 1510. 0. 0. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 18 | Road bore costs 7600. 7600. 0. 0. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 19 | Rent 570. 570. 0. 0. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 20 | Inspections 1085. 1085. 0. 0. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 21 | Repairs and maintenance 4580. 4580. 0. 0. |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 0 | Pt VI, Line 19 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 1 | Pt VI, Line 11b |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 2 | Pt XI |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 3 | Pt VI, Line 7a |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 4 | Form 990, Part IX, Line 24e |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 5 | Form 990, Part IX, Line 24e |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 6 | Form 990, Part IX, Line 24e |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 7 | Form 990, Part IX, Line 24e |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 8 | Form 990, Part IX, Line 24e |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 9 | Form 990, Part IX, Line 24e |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 10 | Form 990, Part IX, Line 24e |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 11 | Form 990, Part IX, Line 24e |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 12 | Form 990, Part IX, Line 24e |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 13 | Form 990, Part IX, Line 24e |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 14 | Form 990, Part IX, Line 24e |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 15 | Form 990, Part IX, Line 24e |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 16 | Form 990, Part IX, Line 24e |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 17 | Form 990, Part IX, Line 24e |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 18 | Form 990, Part IX, Line 24e |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 19 | Form 990, Part IX, Line 24e |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 20 | Form 990, Part IX, Line 24e |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 21 | Form 990, Part IX, Line 24e |
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| IRS990/SignificantChangeInd | 0 | false |
| IRS990/SignificantNewProgramSrvcInd | 0 | false |
| IRS990/SubjectToProxyTaxInd | 0 | false |
| IRS990/TaxablePartyNotificationInd | 0 | false |
| IRS990/TaxExemptBondsInd | 0 | false |
| IRS990/TerminateOperationsInd | 0 | false |
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| IRS990/TotalAssetsEOYAmt | 0 | 936145 |
| IRS990/TotalAssetsGrp/BOYAmt | 0 | 989401 |
| IRS990/TotalAssetsGrp/EOYAmt | 0 | 936145 |
| IRS990/TotalCompGreaterThan150KInd | 0 | false |
| IRS990/TotalEmployeeCnt | 0 | 0 |
| IRS990/TotalFunctionalExpensesGrp/FundraisingAmt | 0 | 0 |
| IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt | 0 | 0 |
| IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt | 0 | 451310 |
| IRS990/TotalFunctionalExpensesGrp/TotalAmt | 0 | 451310 |
| IRS990/TotalGrossUBIAmt | 0 | 0 |
| IRS990/TotalLiabilitiesBOYAmt | 0 | 263486 |
| IRS990/TotalLiabilitiesEOYAmt | 0 | 242956 |
| IRS990/TotalLiabilitiesGrp/BOYAmt | 0 | 263486 |
| IRS990/TotalLiabilitiesGrp/EOYAmt | 0 | 242956 |
| IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt | 0 | 725915 |
| IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt | 0 | 693189 |
| IRS990/TotalProgramServiceRevenueAmt | 0 | 409275 |
| IRS990/TotalRevenueGrp/ExclusionAmt | 0 | 0 |
| IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt | 0 | 415240 |
| IRS990/TotalRevenueGrp/TotalRevenueColumnAmt | 0 | 415240 |
| IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt | 0 | 0 |
| IRS990/TotalVolunteersCnt | 0 | 10 |
| IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt | 0 | 989401 |
| IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt | 0 | 936145 |
| IRS990/TransactionWithControlEntInd | 0 | false |
| IRS990/TypeOfOrganizationCorpInd | 0 | X |
| IRS990/UnrelatedBusIncmOverLimitInd | 0 | false |
| IRS990/UponRequestInd | 0 | X |
| IRS990/USAddress/AddressLine1Txt | 0 | PO Box 1285 |
| IRS990/USAddress/CityNm | 0 | Jacksonville |
| IRS990/USAddress/StateAbbreviationCd | 0 | TX |
| IRS990/USAddress/ZIPCd | 0 | 75766 |
| IRS990/VotingMembersGoverningBodyCnt | 0 | 6 |
| IRS990/VotingMembersIndependentCnt | 0 | 6 |
| IRS990/WebsiteAddressTxt | 0 | N/A |
| IRS990/WhistleblowerPolicyInd | 0 | false |
| ReturnHeader/BuildTS | 0 | 2025-03-06 01:10:19Z |
| ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd | 0 | true |
| ReturnHeader/BusinessOfficerGrp/PersonNm | 0 | Chance Hamilton |
| ReturnHeader/BusinessOfficerGrp/PersonTitleTxt | 0 | President |
| ReturnHeader/BusinessOfficerGrp/PhoneNum | 0 | 9037210508 |
| ReturnHeader/BusinessOfficerGrp/SignatureDt | 0 | 2026-02-11 |
| ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt | 0 | Afton Grove Water Supply Corporation |
| ReturnHeader/Filer/BusinessNameControlTxt | 0 | AFTO |
| ReturnHeader/Filer/EIN | 0 | 742556714 |
| ReturnHeader/Filer/PhoneNum | 0 | 9037210508 |
| ReturnHeader/Filer/USAddress/AddressLine1Txt | 0 | P O Box 245 |
| ReturnHeader/Filer/USAddress/CityNm | 0 | New Summerfield |
| ReturnHeader/Filer/USAddress/StateAbbreviationCd | 0 | TX |
| ReturnHeader/Filer/USAddress/ZIPCd | 0 | 75780 |
| ReturnHeader/PreparerFirmGrp/PreparerFirmEIN | 0 | 752355696 |
| ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt | 0 | Randy R Gorham CPA PC |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt | 0 | 308 S Ragsdale St |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm | 0 | Jacksonville |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd | 0 | TX |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd | 0 | 75766 |
| ReturnHeader/PreparerPersonGrp/PhoneNum | 0 | 9035865472 |
| ReturnHeader/PreparerPersonGrp/PreparationDt | 0 | 2026-02-18 |
| ReturnHeader/PreparerPersonGrp/PreparerPersonNm | 0 | Randy Gorham CPA |
| ReturnHeader/ReturnTs | 0 | 2026-02-18T09:51:54-08:00 |
| ReturnHeader/ReturnTypeCd | 0 | 990 |
| ReturnHeader/TaxPeriodBeginDt | 0 | 2025-01-01 |
| ReturnHeader/TaxPeriodEndDt | 0 | 2025-12-31 |
| ReturnHeader/TaxYr | 0 | 2025 |
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