Civic Intelligence

Rusk Rural Water Supply Corporation

EIN 75-1237908 • 501(c)12 • Rusk, TX

Profile

Provide water to rural community customers

PO Box 606Rusk, TX 75785

n/A

Siviq Scores

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

Liabilities / Assets

38th percentile

0.11x

Higher debt load relative to assets than 38% of similar nonprofits.

501(c)12 • $1M-$5M nonprofits • Source year 2024

Liabilities / Revenue

34th percentile

0.24x

Higher debt load relative to revenue than 34% of similar nonprofits.

501(c)12 • $1M-$5M nonprofits • Source year 2024

Net Margin

59th percentile

11%

Higher net margin than 59% of similar nonprofits.

501(c)12 • $1M-$5M nonprofits • Source year 2024

Top Officer Pay

68th percentile

$0

Higher top officer pay than 68% of similar nonprofits.

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

501(c)12 • $1M-$5M nonprofits • Source year 2024

Asset Growth

64th percentile

4.0%

Faster asset growth than 64% of similar nonprofits.

501(c)12 • $1M-$5M nonprofits • Annualized from 2023 to 2024

Revenue Growth

81st percentile

28%

Faster revenue growth than 81% of similar nonprofits.

501(c)12 • $1M-$5M nonprofits • Annualized from 2023 to 2024

Assets

Up

$2,498,277

Up $96,903 (+4.0%) from 2023

Liabilities

Down

$270,275

Down $33,361 (-11%) from 2023

Net Assets

Up

$2,228,002

Up $130,264 (+6.2%) from 2023

Revenue

Up

$1,108,953

Up $239,205 (+28%) from 2023

Expenses

Up

$982,905

Up $111,034 (+13%) from 2023

Net Income

Up

$126,048

Up $128,171 (+6037%) from 2023

Trend Graphs

Balance Sheet Trend

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

$3.0M$2.0M$1.0M$0Assets 2011: $2,067,960Liabilities 2011: $642,771Net Assets 2011: $1,425,1892011Assets 2012: $1,881,992Liabilities 2012: $478,176Net Assets 2012: $1,403,8162012Assets 2013: $1,898,565Liabilities 2013: $421,426Net Assets 2013: $1,477,1392013Assets 2014: $1,937,920Liabilities 2014: $416,285Net Assets 2014: $1,521,6352014Assets 2015: $2,172,096Liabilities 2015: $511,741Net Assets 2015: $1,660,3552015Assets 2016: $2,191,221Liabilities 2016: $385,525Net Assets 2016: $1,805,6962016Assets 2017: $2,269,659Liabilities 2017: $367,647Net Assets 2017: $1,902,0122017Assets 2018: $2,400,521Liabilities 2018: $356,349Net Assets 2018: $2,044,1722018Assets 2019: $2,378,092Liabilities 2019: $338,113Net Assets 2019: $2,039,9792019Assets 2020: $2,471,666Liabilities 2020: $329,750Net Assets 2020: $2,141,9162020Assets 2021: $2,365,682Liabilities 2021: $183,011Net Assets 2021: $2,182,6712021Assets 2022: $2,420,242Liabilities 2022: $168,272Net Assets 2022: $2,251,9702022Assets 2023: $2,401,374Liabilities 2023: $303,636Net Assets 2023: $2,097,7382023Assets 2024: $2,498,277Liabilities 2024: $270,275Net Assets 2024: $2,228,0022024

Highlighted filing

2024

Assets$2,498,277
Liabilities$270,275
Net Assets$2,228,002

Operations Trend

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

$1.5M$1.0M$500K$0-$500KExpenses 2011: $559,6512011Expenses 2012: $620,7762012Revenue 2013: $641,365Expenses 2013: $553,243Net Income 2013: $88,1222013Revenue 2014: $584,458Expenses 2014: $538,744Net Income 2014: $45,7142014Revenue 2015: $608,348Expenses 2015: $544,850Net Income 2015: $63,4982015Revenue 2016: $679,386Expenses 2016: $548,285Net Income 2016: $131,1012016Revenue 2017: $691,210Expenses 2017: $580,923Net Income 2017: $110,2872017Revenue 2018: $749,168Expenses 2018: $599,658Net Income 2018: $149,5102018Revenue 2019: $703,539Expenses 2019: $709,258Net Income 2019: -$5,7192019Revenue 2020: $754,833Expenses 2020: $655,379Net Income 2020: $99,4542020Revenue 2021: $753,626Expenses 2021: $711,109Net Income 2021: $42,5172021Revenue 2022: $818,427Expenses 2022: $803,359Net Income 2022: $15,0682022Revenue 2023: $869,748Expenses 2023: $871,871Net Income 2023: -$2,1232023Revenue 2024: $1,108,953Expenses 2024: $982,905Net Income 2024: $126,0482024

Highlighted filing

2024

Revenue$1,108,953
Expenses$982,905
Net Income$126,048

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$2.50$0.27$2.23$1.11$0.98$0.13
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2.40$0.30$2.10$0.87$0.87$0.00
2022Detailed filing. Detailed filing data is available for this year.$2.42$0.17$2.25$0.82$0.80$0.02
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2.37$0.18$2.18$0.75$0.71$0.04
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2.47$0.33$2.14$0.75$0.66$0.10
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2.38$0.34$2.04$0.70$0.71$0.01
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2.40$0.36$2.04$0.75$0.60$0.15
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2.27$0.37$1.90$0.69$0.58$0.11
2016XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2.19$0.39$1.81$0.68$0.55$0.13
2015Detailed filing. Detailed filing data is available for this year.$2.17$0.51$1.66$0.61$0.54$0.06
2014Detailed filing. Detailed filing data is available for this year.$1.94$0.42$1.52$0.58$0.54$0.05
2013Detailed filing. Detailed filing data is available for this year.$1.90$0.42$1.48$0.64$0.55$0.09
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.88$0.48$1.40$0.62
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.07$0.64$1.43$0.56
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
Jun 6, 2025
Return Version
2024v5.1
Gross Receipts
$1,108,953
Mission and Program Overview

Mission

Provide water to rural community customers

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$1,600,376$1,749,794▲ $149,418
Savings and Temporary Cash Investments$583,821$617,001▲ $33,180
Accounts Receivable$78,238$78,238→ $0
Inventories for Sale or Use$24,285$40,246▲ $15,961
Cash and Non-Interest-Bearing Accounts$114,654$12,998▼ $101,656
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-
Prepaid Expenses and Deferred Charges-$0-
Total Assets$2,401,374$2,498,277▲ $96,903
Other Assets Total-$0-
Liabilities
Mortgage Notes Payable Secured by Investment Property$296,142$260,286▼ $35,856
Accounts Payable and Accrued Expenses$7,494$9,988▲ $2,494
Other Liabilities-$1-
Total Liabilities$303,636$270,275▼ $33,361
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$1,978,572$2,104,911▲ $126,339
Net Assets With Donor Restrictions$119,166$123,091▲ $3,925
Total Net Assets Fund Balance$2,097,738$2,228,002▲ $130,264
Total Liabilities and Net Assets / Fund Balance$2,401,374$2,498,277▲ $96,903

Asset Categories

AssetBook ValueDepreciationBasis
Leasehold Improvements$3,249,993$745,232$3,995,225
Equipment$-89,970$431,672$341,702
Buildings$112,863$59,935$172,798
Land$138,247-$138,247
Other Land Buildings$-1,661,339$1,661,339-
Compensation and Service Providers

Board Members and Trustees

NameTitle
Jerry KnottPresident
Ben MiddlebrooksVice President
Glenn CottenDirector
Johnny BanksDirector
Leslie MorrisonDirector
Paul WardenDirector
Ronnie CottenDirector
George CovingtonAsst. Sec/trea
Roy WilkinsonSec/treas
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$1,080,362
Investment Income
$28,591
Other Revenue
$0
Change in Net Assets
$126,048
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$510,074
Salaries, Compensation, and Employee Benefits$472,831
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$260,359$128,472-$388,831
Depreciation Depletion$127,573--$127,573
All Other Expenses$64,251$3,945-$68,196
Other Employee Benefits$63,787--$63,787
Insurance-$34,301-$34,301
Other Expenses$32,032$51,337-$32,032
Office Expenses-$22,939-$22,939
Payroll Taxes$20,213--$20,213
Fees for Services Accounting-$11,837-$11,837
Interest-$7,306-$7,306
Total Functional Expenses$722,768$260,137$0$982,905
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$1
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Backup withholding compliance
No
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
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section B, Line 11B

No review was or will be conducted.

Form 990, Part VI, Section C, Line 19

No documents available to the public.

Filing and Contact Details

Filer

Filer Name
Rusk Rural Water Supply Corporation
EIN
75-1237908
Phone
9036836178
Address
PO BOX 606, RUSK, TX 75785

Signing Officer

Name
Jerry Knott
Title
President
Signed
2025-06-06
Discuss with paid preparer
Yes

Organization Details

Voting Board Members
9
Independent Board Members
0
Employees
5

Preparer

Firm
Anita Woodlee-Roach & Associates PC
Address
565 N Main St, Rusk, TX 75785
Preparer
Anita Woodlee-Roach CPA
Phone
9036831002
Supplemental Narrative

Additional Explanations

Form 990, Part XI, Line 9

Prior period adjustment - audit adjustments = $4216

Raw XML Appendix379 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/OtherEmployeeBenefitsGrp/TotalAmt063787
IRS990/OtherExpensesGrp/Desc0SUPPLIES
IRS990/OtherExpensesGrp/Desc1MISCELLANEOUS
IRS990/OtherExpensesGrp/Desc2UTILITIES
IRS990/OtherExpensesGrp/Desc3AUTO EXPENSE
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt051337
IRS990/OtherExpensesGrp/ProgramServicesAmt0103773
IRS990/OtherExpensesGrp/ProgramServicesAmt150780
IRS990/OtherExpensesGrp/ProgramServicesAmt232032
IRS990/OtherExpensesGrp/TotalAmt0103773
IRS990/OtherExpensesGrp/TotalAmt151337
IRS990/OtherExpensesGrp/TotalAmt250780
IRS990/OtherExpensesGrp/TotalAmt332032
IRS990/OtherLiabilitiesGrp/EOYAmt01
IRS990/OtherRevenueTotalAmt00
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt0128472
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt0260359
IRS990/OtherSalariesAndWagesGrp/TotalAmt0388831
IRS990/OthNotesLoansReceivableNetGrp/EOYAmt00
IRS990/PartialLiquidationInd0false
IRS990/PaymentsToAffiliatesGrp/TotalAmt00
IRS990/PayrollTaxesGrp/ProgramServicesAmt020213
IRS990/PayrollTaxesGrp/TotalAmt020213
IRS990/PensionPlanContributionsGrp/TotalAmt00
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt00
IRS990/PoliticalCampaignActyInd0false
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt00
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgramServiceRevenueGrp/Desc0CUSTOMER CONTRIBUTION FOR
IRS990/ProgramServiceRevenueGrp/Desc1WATER SALES
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt025000
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt11055362
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt025000
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt11055362
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYInvestmentIncomeAmt017183
IRS990/PymtTravelEntrtnmntPubOfclGrp/TotalAmt00
IRS990/PYOtherExpensesAmt0441525
IRS990/PYProgramServiceRevenueAmt0852565
IRS990/PYRevenuesLessExpensesAmt0-2123
IRS990/PYSalariesCompEmpBnftPaidAmt0430346
IRS990/PYTotalExpensesAmt0871871
IRS990/PYTotalRevenueAmt0869748
IRS990/RcvblFromDisqualifiedPrsnGrp/EOYAmt00
IRS990/ReceivablesFromOfficersEtcGrp/EOYAmt00
IRS990/ReconcilationRevenueExpnssAmt0126048
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0true
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RoyaltiesGrp/TotalAmt00
IRS990/RoyaltiesRevenueGrp/TotalRevenueColumnAmt00
IRS990/SavingsAndTempCashInvstGrp/BOYAmt0583821
IRS990/SavingsAndTempCashInvstGrp/EOYAmt0617001
IRS990/ScheduleBRequiredInd0false
IRS990ScheduleD/BuildingsGrp/BookValueAmt0112863
IRS990ScheduleD/BuildingsGrp/DepreciationAmt059935
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt0172798
IRS990ScheduleD/EquipmentGrp/BookValueAmt0-89970
IRS990ScheduleD/EquipmentGrp/DepreciationAmt0431672
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt0341702
IRS990ScheduleD/LandGrp/BookValueAmt0138247
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt0138247
IRS990ScheduleD/LeaseholdImprovementsGrp/BookValueAmt03249993
IRS990ScheduleD/LeaseholdImprovementsGrp/DepreciationAmt0745232
IRS990ScheduleD/LeaseholdImprovementsGrp/OtherCostOrOtherBasisAmt03995225
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt0-1661339
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt01661339
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt01
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0Rounding
IRS990ScheduleD/TotalBookValueLandBuildingsAmt01749794
IRS990ScheduleD/TotalLiabilityAmt01
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0No review was or will be conducted.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1No documents available to the public.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2PRIOR PERIOD ADJUSTMENT - AUDIT ADJUSTMENTS = $4216
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990, Part VI, Section B, Line 11b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990, Part VI, Section C, Line 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Form 990, Part XI, Line 9
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/SubjectToExcsTaxNetInvstIncInd0false
IRS990/SubjectToProxyTaxInd0false
IRS990/SubjToTaxRmnrtnExPrchtPymtInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt02401374
IRS990/TotalAssetsEOYAmt02498277
IRS990/TotalAssetsGrp/BOYAmt02401374
IRS990/TotalAssetsGrp/EOYAmt02498277
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalContributionsAmt00
IRS990/TotalEmployeeCnt05
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt0260137
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0722768
IRS990/TotalFunctionalExpensesGrp/TotalAmt0982905
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt0303636
IRS990/TotalLiabilitiesEOYAmt0270275
IRS990/TotalLiabilitiesGrp/BOYAmt0303636
IRS990/TotalLiabilitiesGrp/EOYAmt0270275
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt02097738
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt02228002
IRS990/TotalProgramServiceRevenueAmt01080362
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt01108953
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt01108953
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt02401374
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt02498277
IRS990/TravelGrp/TotalAmt00
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/USAddress/AddressLine1Txt0PO BOX 606
IRS990/USAddress/CityNm0RUSK
IRS990/USAddress/StateAbbreviationCd0TX
IRS990/USAddress/ZIPCd075785
IRS990/VotingMembersGoverningBodyCnt09
IRS990/VotingMembersIndependentCnt00
IRS990/WebsiteAddressTxt0N/A
IRS990/WhistleblowerPolicyInd0false
ReturnHeader/BuildTS02025-03-06 01:10:19Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0JERRY KNOTT
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0President
ReturnHeader/BusinessOfficerGrp/SignatureDt02025-06-06
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0RUSK RURAL WATER SUPPLY CORPORATION
ReturnHeader/Filer/BusinessNameControlTxt0RUSK
ReturnHeader/Filer/EIN0751237908
ReturnHeader/Filer/PhoneNum09036836178
ReturnHeader/Filer/USAddress/AddressLine1Txt0PO BOX 606
ReturnHeader/Filer/USAddress/CityNm0RUSK
ReturnHeader/Filer/USAddress/StateAbbreviationCd0TX
ReturnHeader/Filer/USAddress/ZIPCd075785
ReturnHeader/IRSResponsiblePrtyInfoCurrInd0true
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0261487593
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0Anita Woodlee-Roach & Associates PC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0565 N Main St
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0Rusk
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0TX
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd075785
ReturnHeader/PreparerPersonGrp/PhoneNum09036831002
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0Anita Woodlee-Roach CPA
ReturnHeader/ReturnTs02025-06-06T07:24:43-07:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02024-01-01
ReturnHeader/TaxPeriodEndDt02024-12-31
ReturnHeader/TaxYr02024

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