Civic Intelligence

Penelope Water Supply Corporation

EIN 74-6062685 • 501(c)12 • Penelope, TX

Profile

Pumping & distribution of water

P O Box 102Penelope, TX 76676
Siviq Scores

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

Liabilities / Assets

80th percentile

0.33x

Higher debt load relative to assets than 80% of similar nonprofits.

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

Liabilities / Revenue

76th percentile

0.31x

Higher debt load relative to revenue than 76% of similar nonprofits.

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

Net Margin

83rd percentile

30%

Higher net margin than 83% of similar nonprofits.

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

Top Officer Pay

92nd percentile

$10,800

Higher top officer pay than 92% of similar nonprofits.

Top officer pay equals 13.0% of source-year revenue.

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

Asset Growth

92nd percentile

34%

Faster asset growth than 92% of similar nonprofits.

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

Revenue Growth

49th percentile

1.6%

Faster revenue growth than 49% of similar nonprofits.

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

Balance Sheet
Liabilities / Assets80th percentile

Assets

Up

$77,545

Up $19,782 (+34%) from 2023

Liabilities

Down

$25,371

Down $5,172 (-17%) from 2023

Net Assets

$52,174

No earlier filing loaded for comparison.

Operations
Liabilities / Revenue76th percentileNet Margin83rd percentile

Revenue

Up

$82,976

Up $1,326 (+1.6%) from 2023

Expenses

Down

$58,322

Down $57,140 (-49%) from 2023

Net Income

Up

$24,654

Up $58,466 (+173%) from 2023

Trend Graphs

Balance Sheet Trend

Asset Growth92nd percentile

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

$100K$50K$0Assets 2010: $56,902Liabilities 2010: $985Net Assets 2010: $55,9172010Assets 2011: $46,869Liabilities 2011: $2,8282011Assets 2012: $50,798Liabilities 2012: $30,480Net Assets 2012: $20,3182012Assets 2013: $55,672Liabilities 2013: $21,929Net Assets 2013: $33,7432013Assets 2014: $49,490Liabilities 2014: $9,838Net Assets 2014: $39,6522014Assets 2015: $75,310Liabilities 2015: $20,818Net Assets 2015: $54,4922015Assets 2016: $83,534Liabilities 2016: $12,223Net Assets 2016: $71,3112016Assets 2017: $88,289Liabilities 2017: $802Net Assets 2017: $87,4872017Assets 2018: $97,166Liabilities 2018: $733Net Assets 2018: $96,4332018Assets 2019: $67,962Liabilities 2019: $2,654Net Assets 2019: $65,3082019Assets 2020: $60,791Liabilities 2020: $1,429Net Assets 2020: $59,3622020Assets 2021: $56,382Liabilities 2021: $1,2012021Assets 2022: $63,338Liabilities 2022: $2,606Net Assets 2022: $60,7322022Assets 2023: $57,763Liabilities 2023: $30,5432023Assets 2024: $77,545Liabilities 2024: $25,371Net Assets 2024: $52,1742024

Highlighted filing

2024

Assets$77,545
Liabilities$25,371
Net Assets$52,174
Open 2024 Filing

Operations Trend

Revenue Growth49th percentile

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

$150K$100K$50K$0-$50KRevenue 2010: $34,967Expenses 2010: $33,637Net Income 2010: $1,3302010Revenue 2011: $36,821Expenses 2011: $49,322Net Income 2011: -$12,5012011Revenue 2012: $52,030Expenses 2012: $76,203Net Income 2012: -$24,1732012Revenue 2013: $49,399Expenses 2013: $36,053Net Income 2013: $13,3462013Revenue 2014: $49,283Expenses 2014: $43,669Net Income 2014: $5,6142014Revenue 2015: $55,353Expenses 2015: $41,113Net Income 2015: $14,2402015Revenue 2016: $56,667Expenses 2016: $40,448Net Income 2016: $16,2192016Revenue 2017: $58,420Expenses 2017: $43,244Net Income 2017: $15,1762017Revenue 2018: $55,838Expenses 2018: $47,259Net Income 2018: $8,5792018Revenue 2019: $56,323Expenses 2019: $88,048Net Income 2019: -$31,7252019Revenue 2020: $57,271Expenses 2020: $63,517Net Income 2020: -$6,2462020Revenue 2021: $57,746Expenses 2021: $62,827Net Income 2021: -$5,0812021Revenue 2022: $69,586Expenses 2022: $65,235Net Income 2022: $4,3512022Revenue 2023: $81,650Expenses 2023: $115,462Net Income 2023: -$33,8122023Revenue 2024: $82,976Expenses 2024: $58,322Net Income 2024: $24,6542024

Highlighted filing

2024

Revenue$82,976
Expenses$58,322
Net Income$24,654
Open 2024 Filing

Filings

Most recent year

2024 • Form 990EZDetailed filing. Detailed filing data is available for this year.

Open filing
Assets
$77,545
Liabilities
$25,371
Net assets
$52,174
Revenue
$82,976
Expenses
$58,322
Net income
$24,654
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$0.78$0.25$0.52$0.83$0.58$0.25
2023Summary only. Only limited summary data is available for this year.$0.58$0.31$0.82$1.15$0.34
2022XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.63$0.03$0.61$0.70$0.65$0.04
2021Summary only. Only limited summary data is available for this year.$0.56$0.01$0.58$0.63$0.05
2020Detailed filing. Detailed filing data is available for this year.$0.61$0.01$0.59$0.57$0.64$0.06
2019Detailed filing. Detailed filing data is available for this year.$0.68$0.03$0.65$0.56$0.88$0.32
2018Detailed filing. Detailed filing data is available for this year.$0.97$0.01$0.96$0.56$0.47$0.09
2017Detailed filing. Detailed filing data is available for this year.$0.88$0.01$0.87$0.58$0.43$0.15
2016Detailed filing. Detailed filing data is available for this year.$0.84$0.12$0.71$0.57$0.40$0.16
2015Detailed filing. Detailed filing data is available for this year.$0.75$0.21$0.54$0.55$0.41$0.14
2014Detailed filing. Detailed filing data is available for this year.$0.49$0.10$0.40$0.49$0.44$0.06
2013Detailed filing. Detailed filing data is available for this year.$0.56$0.22$0.34$0.49$0.36$0.13
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.51$0.30$0.20$0.52$0.76$0.24
2011Summary only. Only limited summary data is available for this year.$0.47$0.03$0.37$0.49$0.13
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.57$0.01$0.56$0.35$0.34$0.01
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
May 8, 2025
Return Version
2024v5.0
Gross Receipts
$82,976
Mission and Program Overview

Mission

Pumping & distribution of water

Water extraction/distribution

Program Services

DescriptionGrantsExpenses
PROVIDED A SUPPLY OF WATER TO APPROXIMATELY 100 CUSTOMERS--
Compensation and Service Providers
Top Officer Pay92nd percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
JAMES L RUSSELLOperatorPT$10,800-$10,800
SHIRLEY RUSSELLBookkeeperPT$4,800-$4,800
DANNY CHRISTIANPresident-$0--
STEVE WRIGHTVice-President-$0--
MONICA SINKULESecretary-Treasurer-$0--
JAMIE GREENDirector-$0--
Filing and Contact Details

Filer

Filer Name
Penelope Water Supply Corporation
EIN
74-6062685
Address
P O BOX 102, Penelope, TX 76676

Signing Officer

Name
Danny Christian
Title
President
Phone
2547167274
Signed
2025-05-08

Preparer

Firm
Evelyn Pareya CPA
Address
P O BOX 431, WEST, TX 76691-0431
Preparer
Evelyn Pareya
Phone
2548263271
Supplemental Narrative

Additional Explanations

990EZ Part I Line 20 Other Changes in Net Assets

“MEMBERSHIP SALES”

990EZ Part II Line 24 Other Assets

“ACCOUNTS RECEIVABLE”

990EZ Part I Line 16 Other Expenses

“Other expenses - see detail sheet”

990EZ Part II Line 26 Liabilities

“Accounts payable and notes payable”

Raw XML Appendix115 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
IRS990EZ/ActivitiesNotPreviouslyRptInd0false
IRS990EZ/BooksInCareOfDetail/PersonNm0SHIRLEY RUSSELL
IRS990EZ/BooksInCareOfDetail/PhoneNum02542059050
IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt0P O BOX 102
IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0PENELOPE
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0TX
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd076676
IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt031869
IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt056745
IRS990EZ/ChgMadeToOrgnzngDocNotRptInd0false
IRS990EZ/DonorAdvisedFndsInd0false
IRS990EZ/ExcessOrDeficitForYearAmt024654
IRS990EZ/FeesAndOtherPymtToIndCntrctAmt02475
IRS990EZ/ForeignFinancialAccountInd0false
IRS990EZ/ForeignOfficeInd0false
IRS990EZ/Form990TotalAssetsGrp/BOYAmt057763
IRS990EZ/Form990TotalAssetsGrp/EOYAmt077545
IRS990EZ/GrossReceiptsAmt082976
IRS990EZ/InfoInScheduleOPartIIInd0X
IRS990EZ/InfoInScheduleOPartIInd0X
IRS990EZ/InvestmentIncomeAmt063
IRS990EZ/LandAndBuildingsGrp/BOYAmt020409
IRS990EZ/LandAndBuildingsGrp/EOYAmt014226
IRS990EZ/MadeLoansToFromOfficersInd0false
IRS990EZ/MethodOfAccountingAccrualInd0X
IRS990EZ/NetAssetsOrFundBalancesBOYAmt027220
IRS990EZ/NetAssetsOrFundBalancesEOYAmt052174
IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt027220
IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt052174
IRS990EZ/OccupancyRentUtltsAndMaintAmt018625
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt02
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt11
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt21
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt31
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt45
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt55
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt30
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt44800
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt510800
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0DANNY CHRISTIAN
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm1STEVE WRIGHT
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm2MONICA SINKULE
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm3JAMIE GREEN
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm4SHIRLEY RUSSELL
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm5JAMES L RUSSELL
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0PRESIDENT
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1VICE-PRESIDENT
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2SECRETARY-TREASURER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt3DIRECTOR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt4BOOKKEEPER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt5OPERATOR
IRS990EZ/OperateHospitalInd0false
IRS990EZ/Organization501cInd0X
IRS990EZ/OrganizationDissolvedEtcInd0false
IRS990EZ/OrganizationHadUBIInd0false
IRS990EZ/OtherAssetsTotalDetail/BOYAmt05485
IRS990EZ/OtherAssetsTotalDetail/EOYAmt06574
IRS990EZ/OtherChangesInNetAssetsAmt0300
IRS990EZ/OtherExpensesTotalAmt020014
IRS990EZ/PoliticalCampaignActyInd0false
IRS990EZ/PrimaryExemptPurposeTxt0WATER EXTRACTION/DISTRIBUTION
IRS990EZ/PrintingPublicationsPostageAmt01608
IRS990EZ/ProgramServiceRevenueAmt082913
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0PROVIDED A SUPPLY OF WATER TO APPROXIMATELY 100 CUSTOMERS
IRS990EZ/ProhibitedTaxShelterTransInd0false
IRS990EZ/RelatedOrganizationCtrlEntInd0false
IRS990EZ/SalariesOtherCompEmplBnftAmt015600
IRS990EZ/ScheduleBNotRequiredInd0X
IRS990EZ/SubjectToProxyTaxInd0false
IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt030543
IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt025371
IRS990EZ/TanningServicesProvidedInd0false
IRS990EZ/TotalExpensesAmt058322
IRS990EZ/TotalRevenueAmt082976
IRS990EZ/TransactionWithControlEntInd0false
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0MEMBERSHIP SALES
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1ACCOUNTS RECEIVABLE
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2OTHER EXPENSES - SEE DETAIL SHEET
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3ACCOUNTS PAYABLE AND NOTES PAYABLE
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0990EZ PART I LINE 20 OTHER CHANGES IN NET ASSETS
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1990EZ PART II LINE 24 OTHER ASSETS
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2990EZ PART I LINE 16 OTHER EXPENSES
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3990EZ PART II LINE 26 LIABILITIES
ReturnHeader/BuildTS02025-03-06 01:10:19Z
ReturnHeader/BusinessOfficerGrp/PersonNm0DANNY CHRISTIAN
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT
ReturnHeader/BusinessOfficerGrp/PhoneNum02547167274
ReturnHeader/BusinessOfficerGrp/SignatureDt02025-05-08
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0PENELOPE WATER SUPPLY CORPORATION
ReturnHeader/Filer/BusinessNameControlTxt0PENE
ReturnHeader/Filer/EIN0746062685
ReturnHeader/Filer/USAddress/AddressLine1Txt0P O BOX 102
ReturnHeader/Filer/USAddress/CityNm0Penelope
ReturnHeader/Filer/USAddress/StateAbbreviationCd0TX
ReturnHeader/Filer/USAddress/ZIPCd076676
ReturnHeader/IRSResponsiblePrtyInfoCurrInd0true
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0742446812
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0EVELYN PAREYA CPA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0P O BOX 431
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0WEST
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0TX
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd0766910431
ReturnHeader/PreparerPersonGrp/PhoneNum02548263271
ReturnHeader/PreparerPersonGrp/PreparationDt02025-05-08
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0EVELYN PAREYA
ReturnHeader/PreparerPersonGrp/SelfEmployedInd0X
ReturnHeader/ReturnTs02025-05-08T15:01:42-05:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02024-01-01
ReturnHeader/TaxPeriodEndDt02024-12-31
ReturnHeader/TaxYr02024

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