Civic Intelligence

Crescent Heights Water Supply

EIN 75-1314785 • 501(c)12 • Athens, TX

Profile

To provide water service to approx 641 residents of a rural community

P O Box 375Athens, TX 75751
Siviq Scores

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

Liabilities / Assets

42nd percentile

0.14x

Higher debt load relative to assets than 42% of similar nonprofits.

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

Liabilities / Revenue

42nd percentile

0.42x

Higher debt load relative to revenue than 42% of similar nonprofits.

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

Net Margin

87th percentile

37%

Higher net margin than 87% 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

84th percentile

13%

Faster asset growth than 84% of similar nonprofits.

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

Revenue Growth

88th percentile

45%

Faster revenue growth than 88% of similar nonprofits.

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

Assets

Up

$2,358,653

Up $275,888 (+13%) from 2023

Liabilities

Down

$328,248

Down $11,655 (-3.4%) from 2023

Net Assets

Up

$2,030,405

Up $287,543 (+16%) from 2023

Revenue

Up

$782,966

Up $244,222 (+45%) from 2023

Expenses

Down

$495,273

Down $2,378 (-0.5%) from 2023

Net Income

Up

$287,693

Up $246,600 (+600%) 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: $2,077,702Liabilities 2011: $384,657Net Assets 2011: $1,693,0452011Assets 2012: $2,085,457Liabilities 2012: $340,789Net Assets 2012: $1,744,6682012Assets 2013: $2,103,174Liabilities 2013: $295,320Net Assets 2013: $1,807,8542013Assets 2014: $2,092,102Liabilities 2014: $283,528Net Assets 2014: $1,808,5742014Assets 2015: $2,071,222Liabilities 2015: $277,193Net Assets 2015: $1,794,0292015Assets 2016: $2,050,005Liabilities 2016: $268,095Net Assets 2016: $1,781,9102016Assets 2017: $1,975,434Liabilities 2017: $260,475Net Assets 2017: $1,714,9592017Assets 2018: $1,930,867Liabilities 2018: $248,976Net Assets 2018: $1,681,8912018Assets 2019: $1,956,727Liabilities 2019: $253,538Net Assets 2019: $1,703,1892019Assets 2020: $2,102,311Liabilities 2020: $392,471Net Assets 2020: $1,709,8402020Assets 2021: $2,051,211Liabilities 2021: $378,458Net Assets 2021: $1,672,7532021Assets 2022: $2,057,949Liabilities 2022: $357,830Net Assets 2022: $1,700,1192022Assets 2023: $2,082,765Liabilities 2023: $339,903Net Assets 2023: $1,742,8622023Assets 2024: $2,358,653Liabilities 2024: $328,248Net Assets 2024: $2,030,4052024

Highlighted filing

2024

Assets$2,358,653
Liabilities$328,248
Net Assets$2,030,405

Operations Trend

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

$1.0M$500K$0-$500KRevenue 2011: $381,889Expenses 2011: $305,436Net Income 2011: $76,4532011Revenue 2012: $354,189Expenses 2012: $302,591Net Income 2012: $51,5982012Revenue 2013: $345,048Expenses 2013: $282,712Net Income 2013: $62,3362013Revenue 2014: $320,577Expenses 2014: $319,857Net Income 2014: $7202014Revenue 2015: $314,349Expenses 2015: $328,944Net Income 2015: -$14,5952015Revenue 2016: $310,399Expenses 2016: $322,468Net Income 2016: -$12,0692016Revenue 2017: $330,563Expenses 2017: $395,914Net Income 2017: -$65,3512017Revenue 2018: $343,781Expenses 2018: $377,149Net Income 2018: -$33,3682018Revenue 2019: $413,342Expenses 2019: $391,844Net Income 2019: $21,4982019Revenue 2020: $407,875Expenses 2020: $402,974Net Income 2020: $4,9012020Revenue 2021: $453,104Expenses 2021: $491,173Net Income 2021: -$38,0692021Revenue 2022: $500,551Expenses 2022: $473,385Net Income 2022: $27,1662022Revenue 2023: $538,744Expenses 2023: $497,651Net Income 2023: $41,0932023Revenue 2024: $782,966Expenses 2024: $495,273Net Income 2024: $287,6932024

Highlighted filing

2024

Revenue$782,966
Expenses$495,273
Net Income$287,693

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.36$0.33$2.03$0.78$0.50$0.29
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2.08$0.34$1.74$0.54$0.50$0.04
2022Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.06$0.36$1.70$0.50$0.47$0.03
2021Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.05$0.38$1.67$0.45$0.49$0.04
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2.10$0.39$1.71$0.41$0.40$0.00
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.96$0.25$1.70$0.41$0.39$0.02
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.93$0.25$1.68$0.34$0.38$0.03
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.98$0.26$1.71$0.33$0.40$0.07
2016XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2.05$0.27$1.78$0.31$0.32$0.01
2015Detailed filing. Detailed filing data is available for this year.$2.07$0.28$1.79$0.31$0.33$0.01
2014Detailed filing. Detailed filing data is available for this year.$2.09$0.28$1.81$0.32$0.32$0.00
2013Detailed filing. Detailed filing data is available for this year.$2.10$0.30$1.81$0.35$0.28$0.06
2012Summary only. Only limited summary data is available for this year.$2.09$0.34$1.74$0.35$0.30$0.05
2011Summary only. Only limited summary data is available for this year.$2.08$0.38$1.69$0.38$0.31$0.08
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
Mar 28, 2025
Return Version
2024v5.0
Gross Receipts
$782,966
Mission and Program Overview

Mission

To provide water service to approx 647 residents of a rural community

To provide water service to approx 674 residents of a rural community

Balance Sheet Detail
LineBeginningEndChange
Assets
Rtn Earn Endowment Incm Other Fnds$1,661,959$1,949,652▲ $287,693
Land, Buildings, and Equipment, Net$1,412,362$1,725,904▲ $313,542
Savings and Temporary Cash Investments$480,645$534,314▲ $53,669
Cap Stk Tr Prin Current Funds$67,225$67,075▼ $150
Cash and Non-Interest-Bearing Accounts$38,385$38,358▼ $27
Accounts Receivable$37,237$35,565▼ $1,672
Inventories for Sale or Use$23,441$17,772▼ $5,669
Pd in Cap Srpls Land Bldg Eqp Fund$13,678$13,678→ $0
Other Notes and Loans Receivable, Net$100--
Total Assets$2,082,765$2,358,653▲ $275,888
Other Assets Total$90,595$6,740▼ $83,855
Liabilities
Mortgage Notes Payable Secured by Investment Property$339,241$325,228▼ $14,013
Accounts Payable and Accrued Expenses$662$3,020▲ $2,358
Total Liabilities$339,903$328,248▼ $11,655
Net Assets / Fund Balance
Total Net Assets Fund Balance$1,742,862$2,030,405▲ $287,543
Total Liabilities and Net Assets / Fund Balance$2,082,765$2,358,653▲ $275,888

Asset Categories

AssetBook ValueDepreciationBasis
Other Land Buildings$1,681,019$1,483,765$3,164,784
Land$36,585-$36,585
Equipment$3,882$30,753$34,635
Leasehold Improvements$4,418$1,747$6,165
Compensation and Service Providers

Board Members and Trustees

NameTitle
Damon DonnellPresident
Austin BrownDirector
Mike WilsonDirector
Nathan HerringtonDirector
Doug HagemanSecretary/tr
Lucy FranksVice Preside
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$466,146
Investment Income
$3,820
Other Revenue
$313,000
Change in Net Assets
$287,693
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$269,817
Salaries, Compensation, and Employee Benefits$225,456
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$181,311--$181,311
Depreciation Depletion$50,977--$50,977
All Other Expenses$44,272--$44,272
Insurance$22,795--$22,795
Other Expenses$21,693--$21,693
Other Employee Benefits$21,258--$21,258
Payroll Taxes$15,349--$15,349
Interest$14,916--$14,916
Fees for Services Accounting$7,920--$7,920
Office Expenses$7,750--$7,750
Pension Plan Contributions$7,538--$7,538
Travel$1,793--$1,793
Conferences and Meetings$1,233--$1,233
Advertising$1,075--$1,075
Total Functional Expenses$495,273$0$0$495,273
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
Backup withholding compliance
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

YES

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

YES

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

YES

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

Officer reviews form 990 and signs at board meeting

Form 990, Page 6, Part VI, Line 19

During normal business hours

Filing and Contact Details

Filer

Filer Name
Crescent Heights Water Supply
EIN
75-1314785
Phone
9036773946
Address
P O BOX 375, ATHENS, TX 75751

Signing Officer

Name
Damon Donnell
Title
President
Phone
9036773946
Signed
2025-03-28
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Damon Donnell
Formed
1967
Legal Domicile
TX
Voting Board Members
6
Independent Board Members
6
Employees
3

Preparer

Firm
Holdredge Shaddox & Habibelahian Llp
Address
911 S PALESTINE ST, ATHENS, TX 75751
Preparer
Kevin Habibelahian CPA
Phone
9036755645
Supplemental Narrative

Additional Explanations

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

WATER SALES AND SERVICE

Form 990, Part XI, Line 9

Decrease in memberships -150

Raw XML Appendix334 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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IRS990ScheduleD/LeaseholdImprovementsGrp/OtherCostOrOtherBasisAmt06165
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt01681019
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt01483765
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt03164784
IRS990ScheduleD/TotalBookValueLandBuildingsAmt01725904
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0WATER SALES AND SERVICE
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1YES
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2YES
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3YES
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4OFFICER REVIEWS FORM 990 AND SIGNS AT BOARD MEETING
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5DURING NORMAL BUSINESS HOURS
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6DECREASE IN MEMBERSHIPS -150
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
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IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/SubjectToExcsTaxNetInvstIncInd0false
IRS990/SubjectToProxyTaxInd0false
IRS990/SubjToTaxRmnrtnExPrchtPymtInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt02082765
IRS990/TotalAssetsEOYAmt02358653
IRS990/TotalAssetsGrp/BOYAmt02082765
IRS990/TotalAssetsGrp/EOYAmt02358653
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalEmployeeCnt03
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt00
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0495273
IRS990/TotalFunctionalExpensesGrp/TotalAmt0495273
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt0339903
IRS990/TotalLiabilitiesEOYAmt0328248
IRS990/TotalLiabilitiesGrp/BOYAmt0339903
IRS990/TotalLiabilitiesGrp/EOYAmt0328248
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt01742862
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt02030405
IRS990/TotalProgramServiceExpensesAmt0495273
IRS990/TotalProgramServiceRevenueAmt0466146
IRS990/TotalRevenueGrp/ExclusionAmt03820
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt0779146
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0782966
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt02082765
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt02358653
IRS990/TravelGrp/ProgramServicesAmt01793
IRS990/TravelGrp/TotalAmt01793
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt09178 CR 1500
IRS990/USAddress/CityNm0ATHENS
IRS990/USAddress/StateAbbreviationCd0TX
IRS990/USAddress/ZIPCd075751
IRS990/VotingMembersGoverningBodyCnt06
IRS990/VotingMembersIndependentCnt06
IRS990/WhistleblowerPolicyInd0false
ReturnHeader/BuildTS02025-03-06 01:10:19Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0DAMON DONNELL
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT
ReturnHeader/BusinessOfficerGrp/PhoneNum09036773946
ReturnHeader/BusinessOfficerGrp/SignatureDt02025-03-28
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0CRESCENT HEIGHTS WATER SUPPLY
ReturnHeader/Filer/BusinessName/BusinessNameLine2Txt0CORPORATION
ReturnHeader/Filer/BusinessNameControlTxt0CRES
ReturnHeader/Filer/EIN0751314785
ReturnHeader/Filer/PhoneNum09036773946
ReturnHeader/Filer/USAddress/AddressLine1Txt0P O BOX 375
ReturnHeader/Filer/USAddress/CityNm0ATHENS
ReturnHeader/Filer/USAddress/StateAbbreviationCd0TX
ReturnHeader/Filer/USAddress/ZIPCd075751
ReturnHeader/IRSResponsiblePrtyInfoCurrInd0true
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0452491508
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0HOLDREDGE SHADDOX & HABIBELAHIAN LLP
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0911 S PALESTINE ST
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0ATHENS
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0TX
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd075751
ReturnHeader/PreparerPersonGrp/PhoneNum09036755645
ReturnHeader/PreparerPersonGrp/PreparationDt02025-03-27
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0KEVIN HABIBELAHIAN CPA
ReturnHeader/ReturnTs02025-06-03T10:43:05-04:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02024-01-01
ReturnHeader/TaxPeriodEndDt02024-12-31
ReturnHeader/TaxYr02024

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