Civic Intelligence

Real Water Supply Corporation

EIN 74-3020390 • 501(c)12 • Leakey, TX

Profile

Operating and insuring that a state approved public drinking water system will provide continuous and adequate service to its customers under the texas commission on enviromental quality's regulations and under the direction and control of its customers.

PO Box 1518Leakey, TX 78873-1518

n/A

Siviq Scores

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

Liabilities / Assets

55th percentile

0.02x

Higher debt load relative to assets than 55% of similar nonprofits.

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

Liabilities / Revenue

54th percentile

0.03x

Higher debt load relative to revenue than 54% of similar nonprofits.

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

Net Margin

50th percentile

4.4%

Higher net margin than 50% of similar nonprofits.

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

Top Officer Pay

98th percentile

$37,200

Higher top officer pay than 98% of similar nonprofits.

Top officer pay equals 36.6% of source-year revenue.

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

Asset Growth

65th percentile

4.7%

Faster asset growth than 65% of similar nonprofits.

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

Revenue Growth

27th percentile

-8.4%

Faster revenue growth than 27% of similar nonprofits.

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

Assets

Up

$160,080

Up $7,184 (+4.7%) from 2023

Liabilities

Up

$2,685

Up $2,682 (+89400%) from 2023

Net Assets

Up

$157,395

Up $4,502 (+2.9%) from 2023

Revenue

Down

$101,690

Down $9,319 (-8.4%) from 2023

Expenses

Up

$97,188

Up $4,002 (+4.3%) from 2023

Net Income

Down

$4,502

Down $13,321 (-75%) from 2023

Trend Graphs

Balance Sheet Trend

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

$200K$150K$100K$50K$0Assets 2012: $143,804Liabilities 2012: $02012Assets 2013: $145,260Liabilities 2013: $02013Assets 2014: $166,308Liabilities 2014: $12,841Net Assets 2014: $153,4672014Assets 2015: $155,737Liabilities 2015: $0Net Assets 2015: $155,7372015Assets 2016: $147,575Liabilities 2016: $0Net Assets 2016: $147,5752016Assets 2017: $156,999Liabilities 2017: $0Net Assets 2017: $156,9992017Assets 2018: $165,642Liabilities 2018: $0Net Assets 2018: $165,6422018Assets 2019: $173,797Liabilities 2019: $0Net Assets 2019: $173,7972019Assets 2020: $126,975Liabilities 2020: $0Net Assets 2020: $126,9752020Assets 2021: $138,389Liabilities 2021: $0Net Assets 2021: $138,3892021Assets 2022: $135,070Liabilities 2022: $0Net Assets 2022: $135,0702022Assets 2023: $152,896Liabilities 2023: $3Net Assets 2023: $152,8932023Assets 2024: $160,080Liabilities 2024: $2,685Net Assets 2024: $157,3952024

Highlighted filing

2024

Assets$160,080
Liabilities$2,685
Net Assets$157,395

Operations Trend

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

$150K$100K$50K$0-$50KRevenue 2012: $72,431Expenses 2012: $48,224Net Income 2012: $24,2072012Revenue 2013: $73,067Expenses 2013: $71,611Net Income 2013: $1,4562013Revenue 2014: $71,189Expenses 2014: $62,982Net Income 2014: $8,2072014Revenue 2015: $70,749Expenses 2015: $68,479Net Income 2015: $2,2702015Revenue 2016: $76,658Expenses 2016: $84,820Net Income 2016: -$8,1622016Revenue 2017: $82,888Expenses 2017: $73,464Net Income 2017: $9,4242017Revenue 2018: $85,500Expenses 2018: $76,857Net Income 2018: $8,6432018Revenue 2019: $88,883Expenses 2019: $80,728Net Income 2019: $8,1552019Revenue 2020: $90,658Expenses 2020: $137,480Net Income 2020: -$46,8222020Revenue 2021: $96,676Expenses 2021: $85,262Net Income 2021: $11,4142021Revenue 2022: $109,446Expenses 2022: $112,765Net Income 2022: -$3,3192022Revenue 2023: $111,009Expenses 2023: $93,186Net Income 2023: $17,8232023Revenue 2024: $101,690Expenses 2024: $97,188Net Income 2024: $4,5022024

Highlighted filing

2024

Revenue$101,690
Expenses$97,188
Net Income$4,502

Filings

Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
Mar 31, 2025
Return Version
2024v5.1
Gross Receipts
$101,690
Mission and Program Overview

Mission

Operating and insuring that a state approved public drinking water system will provide continuous and adequate service to its customers under the texas commission on enviromental quality's regulations and under the direction and control of its customers.

Program Services

DescriptionGrantsExpenses
PROVIDING A POTABLE DOMESTIC WATER SUPPLY TO EACH MEMBER WITHIN THE RURAL SUBDIVISIONS IN WHICH THE CORPORATION HAS WATER DISTRIBUTION FACILITIES.$0$0
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
GREG MESSERGeneral ManagerPT$37,200-$37,200
CLAY ATCHISONPresident, Director-$0--
MARK PENDLETONVice President, Director-$0--
TERRY MOORESecretary, Director-$0--
Filing and Contact Details

Filer

Filer Name
Real Water Supply Corporation
EIN
74-3020390
Phone
8305913203
Address
PO BOX 1518, LEAKEY, TX 78873-1518

Signing Officer

Name
Greg Messer
Title
General Manager
Phone
8302324030
Signed
2025-03-31
Discuss with paid preparer
Yes

Preparer

Firm
Massey Itschner & Co Pc
Address
820 MAIN STREET SUITE 101, KERRVILLE, TX 78028
Preparer
Casey T Mikeska
Phone
8302575330
Supplemental Narrative

Additional Explanations

Form 990-ez, Part I, Line 14

Description: depreciation. Amount: 13,698. Description: other expenses. Amount: 18,183. Total to form 990-ez, line 14: 31,881.

Form 990-ez, Part I, Line 16 - Other Expenses

Description: contracted services. Amount: 8,550. Description: insurance. Amount: 1,326. Description: office supplies. Amount: 1,010. Description: operating expense & maintenance supplies. Amount: 12,384. Description: water analysis. Amount: 1,476. Description: water system fee. Amount: 200. Description: directors expense. Amount: 450. Description: business expense. Amount: 100. Description: travel. Amount: 41. Total to form 990-ez, line 16: 25,537.

Form 990-ez, Part II, Line 24 - Other Assets

Description: other depreciable assets. Beg. Of year amount: 77,748. End of year amount: 97,973.

Form 990-ez, Part II, Line 26 - Other Liabilities

Description: comerica cc. Beg. Of year amount: 3. End of year amount: 2,685.

Raw XML Appendix122 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.

Path#Value
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IRS990EZ/BooksInCareOfDetail/PhoneNum08302324030
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IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0LEAKEY
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0TX
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd0788731518
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm3GREG MESSER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0PRESIDENT, DIRECTOR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1VICE PRESIDENT, DIRECTOR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2SECRETARY, DIRECTOR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt3GENERAL MANAGER
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IRS990EZ/PrimaryExemptPurposeTxt0OPERATING AND INSURING THAT A STATE APPROVED PUBLIC DRINKING WATER SYSTEM WILL PROVIDE CONTINUOUS AND ADEQUATE SERVICE TO ITS CUSTOMERS UNDER THE TEXAS COMMISSION ON ENVIROMENTAL QUALITY'S REGULATIONS AND UNDER THE DIRECTION AND CONTROL OF ITS CUSTOMERS.
IRS990EZ/PrintingPublicationsPostageAmt01865
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IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0PROVIDING A POTABLE DOMESTIC WATER SUPPLY TO EACH MEMBER WITHIN THE RURAL SUBDIVISIONS IN WHICH THE CORPORATION HAS WATER DISTRIBUTION FACILITIES.
IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt00
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt00
IRS990EZ/ProhibitedTaxShelterTransInd00
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IRS990EZ/TotalExpensesAmt097188
IRS990EZ/TotalRevenueAmt0101690
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IRS990EZ/WebsiteAddressTxt0N/A
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0DESCRIPTION: DEPRECIATION. AMOUNT: 13,698. DESCRIPTION: OTHER EXPENSES. AMOUNT: 18,183. TOTAL TO FORM 990-EZ, LINE 14: 31,881.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1DESCRIPTION: CONTRACTED SERVICES. AMOUNT: 8,550. DESCRIPTION: INSURANCE. AMOUNT: 1,326. DESCRIPTION: OFFICE SUPPLIES. AMOUNT: 1,010. DESCRIPTION: OPERATING EXPENSE & MAINTENANCE SUPPLIES. AMOUNT: 12,384. DESCRIPTION: WATER ANALYSIS. AMOUNT: 1,476. DESCRIPTION: WATER SYSTEM FEE. AMOUNT: 200. DESCRIPTION: DIRECTORS EXPENSE. AMOUNT: 450. DESCRIPTION: BUSINESS EXPENSE. AMOUNT: 100. DESCRIPTION: TRAVEL. AMOUNT: 41. TOTAL TO FORM 990-EZ, LINE 16: 25,537.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2DESCRIPTION: OTHER DEPRECIABLE ASSETS. BEG. OF YEAR AMOUNT: 77,748. END OF YEAR AMOUNT: 97,973.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3DESCRIPTION: COMERICA CC. BEG. OF YEAR AMOUNT: 3. END OF YEAR AMOUNT: 2,685.
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IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990-EZ, PART II, LINE 26 - OTHER LIABILITIES
TransferPrsnlBnftContractsDecl/DeclarationDesc0THE ORGANIZATION DID NOT, DURING THE YEAR, RECEIVE ANY FUNDS, DIRECTLY,OR INDIRECTLY, TO PAY PREMIUMS ON A PERSONAL BENEFIT CONTRACT.THE ORGANIZATION, DID NOT, DURING THE YEAR, PAY ANY PREMIUMS, DIRECTLY,OR INDIRECTLY, ON A PERSONAL BENEFIT CONTRACT.
ReturnHeader/BuildTS02025-03-06 01:10:19Z
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ReturnHeader/BusinessOfficerGrp/PersonNm0GREG MESSER
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0GENERAL MANAGER
ReturnHeader/BusinessOfficerGrp/PhoneNum08302324030
ReturnHeader/BusinessOfficerGrp/SignatureDt02025-03-31
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0REAL WATER SUPPLY CORPORATION
ReturnHeader/Filer/BusinessNameControlTxt0REAL
ReturnHeader/Filer/EIN0743020390
ReturnHeader/Filer/PhoneNum08305913203
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ReturnHeader/PreparerPersonGrp/PhoneNum08302575330
ReturnHeader/PreparerPersonGrp/PreparationDt02025-03-30
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0CASEY T MIKESKA
ReturnHeader/ReturnTs02025-03-31T17:19:26-05:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02024-01-01
ReturnHeader/TaxPeriodEndDt02024-12-31
ReturnHeader/TaxYr02024

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