Liabilities / Assets
93rd percentile
Higher debt load relative to assets than 93% of similar nonprofits.
EIN 75-1320922 • 501(c)12 • Etoile, TX
Profile
The original and continuing purpose of the Corporation is to furnish a water supply to its members in and around the rural area of Etoile, Texas.
Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.
Liabilities / Assets
93rd percentile
Higher debt load relative to assets than 93% of similar nonprofits.
Liabilities / Revenue
95th percentile
Higher debt load relative to revenue than 95% of similar nonprofits.
Net Margin
68th percentile
Higher net margin than 68% of similar nonprofits.
Top Officer Pay
68th percentile
Higher top officer pay than 68% of similar nonprofits.
Top officer pay equals 0.0% of source-year revenue.
Asset Growth
99th percentile
Faster asset growth than 99% of similar nonprofits.
Revenue Growth
82nd percentile
Faster revenue growth than 82% of similar nonprofits.
Assets
Down$1,130,414
Down $128,240 (-10%) from 2023
Liabilities
Down$93,586
Down $216,667 (-70%) from 2023
Net Assets
Up$1,036,828
Up $88,427 (+9.3%) from 2023
Revenue
Down$408,947
Down $24,950 (-5.8%) from 2023
Expenses
Up$320,520
Up $21,294 (+7.1%) from 2023
Net Income
Down$88,427
Down $46,244 (-34%) from 2023
Most recent year
2024 • Form 990Detailed filing. Detailed filing data is available for this year.
The original and continuing purpose of the Corporation is to furnish a water supply to its members in and around the rural area of Etoile, Texas.
| Line | Beginning | End | Change |
|---|---|---|---|
| Assets | |||
| Cash and Non-Interest-Bearing Accounts | $505,848 | $426,944 | ▼ $78,904 |
| Land, Buildings, and Equipment, Net | $414,635 | $371,725 | ▼ $42,910 |
| Savings and Temporary Cash Investments | $273,272 | $277,284 | ▲ $4,012 |
| Accounts Receivable | $58,186 | $47,582 | ▼ $10,604 |
| Prepaid Expenses and Deferred Charges | $6,713 | $6,879 | ▲ $166 |
| 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 | - |
| Inventories for Sale or Use | - | $0 | - |
| Total Assets | $1,258,654 | $1,130,414 | ▼ $128,240 |
| Other Assets Total | - | $0 | - |
| Liabilities | |||
| Mortgage Notes Payable Secured by Investment Property | $208,479 | - | - |
| Other Liabilities | $89,400 | $89,500 | ▲ $100 |
| Accounts Payable and Accrued Expenses | $12,374 | $4,086 | ▼ $8,288 |
| Total Liabilities | $310,253 | $93,586 | ▼ $216,667 |
| Net Assets / Fund Balance | |||
| Net Assets Without Donor Restrictions | $909,835 | $1,036,828 | ▲ $126,993 |
| Net Assets With Donor Restrictions | $38,566 | - | - |
| Total Net Assets Fund Balance | $948,401 | $1,036,828 | ▲ $88,427 |
| Total Liabilities and Net Assets / Fund Balance | $1,258,654 | $1,130,414 | ▼ $128,240 |
| Asset | Book Value | Depreciation | Basis |
|---|---|---|---|
| Other Land Buildings | $324,585 | $1,070,973 | $1,395,558 |
| Equipment | $37,940 | $168,502 | $206,442 |
| Land | $9,200 | - | $9,200 |
| Name | Title |
|---|---|
| Tanner Franklin | President |
| David Wheeler | Vice President |
| Bill Temple | Director |
| Jan Lusk | Director |
| Mandy Sanders | Director |
| Paul Free | Director |
| Jan Amen | Sec/treas |
| Line Item | Amount |
|---|---|
| Other Expenses | $212,994 |
| Salaries, Compensation, and Employee Benefits | $107,526 |
| Grants and Similar Amounts Paid | $0 |
| Professional Fundraising Fees | $0 |
| Total Fundraising Expense | $0 |
| Line Item | Program | Management | Fundraising | Total |
|---|---|---|---|---|
| Other Salaries and Wages | $62,775 | $37,040 | - | $99,815 |
| Depreciation Depletion | $49,783 | - | - | $49,783 |
| Fees for Services Accounting | - | $26,481 | - | $26,481 |
| All Other Expenses | $19,458 | - | - | $19,458 |
| Insurance | $10,698 | $4,500 | - | $15,198 |
| Office Expenses | - | $8,191 | - | $8,191 |
| Payroll Taxes | $4,935 | $2,776 | - | $7,711 |
| Other Expenses | $5,600 | $4,904 | - | $5,600 |
| Interest | $2,446 | - | - | $2,446 |
| Total Functional Expenses | $236,628 | $83,892 | $0 | $320,520 |
| Line Item | Amount |
|---|---|
| Expenses per Audited Statements | $320,520 |
| Total Expenses per Audited Statements | $320,520 |
| Total Expenses per Form 990 | $320,520 |
| Line Item | Amount |
|---|---|
| Professional Fundraising Fees | $0 |
| Line Item | Beginning | End | Change |
|---|---|---|---|
| Receivables from Disqualified Persons | - | $0 | - |
| Receivables from Officers, Directors, Trustees, and Key Employees | - | $0 | - |
| Liability | Amount |
|---|---|
| Membership Deposits | $89,500 |
“Any person owning or having a legal right to the control, possession or occupancy of property served shall have rights to become a member upon payment of membership fee.”
“Review by General Manager and/or Board Member signing return.”
“With prior written request, corporate records, books, and annual reports, subject to exceptions provided by the Open Records Act are available for public inspection during normal business hours.”
“No documents available to the public.”
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 | 4086 |
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| IRS990/AccountsReceivableGrp/EOYAmt | 0 | 47582 |
| IRS990/ActivitiesConductedPrtshpInd | 0 | false |
| IRS990/ActivityOrMissionDesc | 0 | The original and continuing purpose of the Corporation is to furnish a water supply to its members in and around the rural area of Etoile, Texas. |
| IRS990/AdvertisingGrp/TotalAmt | 0 | 0 |
| IRS990/AllOtherExpensesGrp/ProgramServicesAmt | 0 | 19458 |
| IRS990/AllOtherExpensesGrp/TotalAmt | 0 | 19458 |
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| IRS990/BooksInCareOfDetail/PersonNm | 0 | LACEY JOHNSON |
| IRS990/BooksInCareOfDetail/PhoneNum | 0 | 9368542215 |
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| IRS990/BooksInCareOfDetail/USAddress/CityNm | 0 | ETOILE |
| IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd | 0 | TX |
| IRS990/BooksInCareOfDetail/USAddress/ZIPCd | 0 | 75944 |
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| IRS990/CashNonInterestBearingGrp/EOYAmt | 0 | 426944 |
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| IRS990/CYOtherExpensesAmt | 0 | 212994 |
| IRS990/CYOtherRevenueAmt | 0 | 0 |
| IRS990/CYProgramServiceRevenueAmt | 0 | 393851 |
| IRS990/CYRevenuesLessExpensesAmt | 0 | 88427 |
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| IRS990/CYTotalExpensesAmt | 0 | 320520 |
| IRS990/CYTotalFundraisingExpenseAmt | 0 | 0 |
| IRS990/CYTotalProfFndrsngExpnsAmt | 0 | 0 |
| IRS990/CYTotalRevenueAmt | 0 | 408947 |
| IRS990/DecisionsSubjectToApprovaInd | 0 | false |
| IRS990/DeductibleArtContributionInd | 0 | false |
| IRS990/DeductibleNonCashContriInd | 0 | false |
| IRS990/DelegationOfMgmtDutiesInd | 0 | false |
| IRS990/DepreciationDepletionGrp/ProgramServicesAmt | 0 | 49783 |
| IRS990/DepreciationDepletionGrp/TotalAmt | 0 | 49783 |
| IRS990/Desc | 0 | Providing potable water to its members. |
| IRS990/DescribedInSection501c3Ind | 0 | false |
| IRS990/DisregardedEntityInd | 0 | false |
| IRS990/DocumentRetentionPolicyInd | 0 | false |
| IRS990/DonorAdvisedFundInd | 0 | false |
| IRS990/DonorRestrictionNetAssetsGrp/BOYAmt | 0 | 38566 |
| IRS990/DonorRstrOrQuasiEndowmentsInd | 0 | false |
| IRS990/ElectionOfBoardMembersInd | 0 | true |
| IRS990/EmployeeCnt | 0 | 3 |
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| IRS990/FamilyOrBusinessRlnInd | 0 | false |
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| IRS990/FeesForServicesAccountingGrp/TotalAmt | 0 | 26481 |
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| IRS990/ForeignFinancialAccountInd | 0 | false |
| IRS990/ForeignGrantsGrp/TotalAmt | 0 | 0 |
| IRS990/ForeignOfficeInd | 0 | false |
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| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt | 5 | 0.00 |
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| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 0 | 0 |
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| IRS990/Form990PartVIISectionAGrp/TitleTxt | 5 | Director |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 6 | Vice President |
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| IRS990/GrantsToOrganizationsInd | 0 | false |
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| IRS990/OtherExpensesGrp/Desc | 2 | DUES AND SUBSCRIPTIONS |
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| IRS990/OtherExpensesGrp/ProgramServicesAmt | 0 | 42839 |
| IRS990/OtherExpensesGrp/ProgramServicesAmt | 1 | 32322 |
| IRS990/OtherExpensesGrp/ProgramServicesAmt | 2 | 5772 |
| IRS990/OtherExpensesGrp/ProgramServicesAmt | 3 | 5600 |
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| IRS990/OtherExpensesGrp/TotalAmt | 1 | 32322 |
| IRS990/OtherExpensesGrp/TotalAmt | 2 | 10676 |
| IRS990/OtherExpensesGrp/TotalAmt | 3 | 5600 |
| IRS990/OtherInd | 0 | X |
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| IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt | 0 | 2776 |
| IRS990/PayrollTaxesGrp/ProgramServicesAmt | 0 | 4935 |
| IRS990/PayrollTaxesGrp/TotalAmt | 0 | 7711 |
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| IRS990/PledgesAndGrantsReceivableGrp/EOYAmt | 0 | 0 |
| IRS990/PoliticalCampaignActyInd | 0 | false |
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| IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt | 0 | 6879 |
| IRS990/PrincipalOfficerNm | 0 | TANNER FRANKLIN |
| IRS990/ProfessionalFundraisingInd | 0 | false |
| IRS990/ProgramServiceRevenueGrp/Desc | 0 | LATE CHARGES/OTHER INCOME |
| IRS990/ProgramServiceRevenueGrp/Desc | 1 | WATER SALES |
| IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt | 0 | 11898 |
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| IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt | 0 | 11898 |
| IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt | 1 | 381953 |
| IRS990/ProhibitedTaxShelterTransInd | 0 | false |
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| IRS990/PYOtherExpensesAmt | 0 | 193476 |
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| IRS990/PYRevenuesLessExpensesAmt | 0 | 134671 |
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| IRS990/PYTotalRevenueAmt | 0 | 433897 |
| IRS990/RcvblFromDisqualifiedPrsnGrp/EOYAmt | 0 | 0 |
| IRS990/ReceivablesFromOfficersEtcGrp/EOYAmt | 0 | 0 |
| IRS990/ReconcilationRevenueExpnssAmt | 0 | 88427 |
| IRS990/RelatedEntityInd | 0 | false |
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| IRS990/ReportLandBuildingEquipmentInd | 0 | true |
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| IRS990/ReportOtherLiabilitiesInd | 0 | true |
| IRS990/ReportProgramRelatedInvstInd | 0 | false |
| IRS990/RevenueAmt | 0 | 393851 |
| IRS990/RoyaltiesGrp/TotalAmt | 0 | 0 |
| IRS990/RoyaltiesRevenueGrp/TotalRevenueColumnAmt | 0 | 0 |
| IRS990/SavingsAndTempCashInvstGrp/BOYAmt | 0 | 273272 |
| IRS990/SavingsAndTempCashInvstGrp/EOYAmt | 0 | 277284 |
| IRS990/ScheduleBRequiredInd | 0 | false |
| IRS990ScheduleD/EquipmentGrp/BookValueAmt | 0 | 37940 |
| IRS990ScheduleD/EquipmentGrp/DepreciationAmt | 0 | 168502 |
| IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt | 0 | 206442 |
| IRS990ScheduleD/ExpensesSubtotalAmt | 0 | 320520 |
| IRS990ScheduleD/LandGrp/BookValueAmt | 0 | 9200 |
| IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt | 0 | 9200 |
| IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt | 0 | 324585 |
| IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt | 0 | 1070973 |
| IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt | 0 | 1395558 |
| IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt | 0 | 89500 |
| IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc | 0 | MEMBERSHIP DEPOSITS |
| IRS990ScheduleD/RevenueSubtotalAmt | 0 | 408947 |
| IRS990ScheduleD/TotalBookValueLandBuildingsAmt | 0 | 371725 |
| IRS990ScheduleD/TotalExpensesPerForm990Amt | 0 | 320520 |
| IRS990ScheduleD/TotalLiabilityAmt | 0 | 89500 |
| IRS990ScheduleD/TotalRevenuePerForm990Amt | 0 | 408947 |
| IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt | 0 | 408947 |
| IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt | 0 | 320520 |
| IRS990/ScheduleJRequiredInd | 0 | false |
| IRS990/ScheduleORequiredInd | 0 | true |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 0 | Any person owning or having a legal right to the control, possession or occupancy of property served shall have rights to become a member upon payment of membership fee. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 1 | Review by General Manager and/or Board Member signing return. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 2 | With prior written request, corporate records, books, and annual reports, subject to exceptions provided by the Open Records Act are available for public inspection during normal business hours. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 3 | No documents available to the public. |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 0 | Form 990, Part VI, Section A, Line 6 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 1 | Form 990, Part VI, Section B, Line 11b |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 2 | Form 990, Part VI, Section C, Line 18 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 3 | Form 990, Part VI, Section C, Line 19 |
| IRS990/SchoolOperatingInd | 0 | false |
| IRS990/SignificantChangeInd | 0 | false |
| IRS990/SignificantNewProgramSrvcInd | 0 | false |
| IRS990/SubjectToExcsTaxNetInvstIncInd | 0 | false |
| IRS990/SubjectToProxyTaxInd | 0 | false |
| IRS990/SubjToTaxRmnrtnExPrchtPymtInd | 0 | false |
| IRS990/TaxablePartyNotificationInd | 0 | false |
| IRS990/TaxExemptBondsInd | 0 | false |
| IRS990/TerminateOperationsInd | 0 | false |
| IRS990/TotalAssetsBOYAmt | 0 | 1258654 |
| IRS990/TotalAssetsEOYAmt | 0 | 1130414 |
| IRS990/TotalAssetsGrp/BOYAmt | 0 | 1258654 |
| IRS990/TotalAssetsGrp/EOYAmt | 0 | 1130414 |
| IRS990/TotalCompGreaterThan150KInd | 0 | false |
| IRS990/TotalContributionsAmt | 0 | 0 |
| IRS990/TotalEmployeeCnt | 0 | 3 |
| IRS990/TotalFunctionalExpensesGrp/FundraisingAmt | 0 | 0 |
| IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt | 0 | 83892 |
| IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt | 0 | 236628 |
| IRS990/TotalFunctionalExpensesGrp/TotalAmt | 0 | 320520 |
| IRS990/TotalGrossUBIAmt | 0 | 0 |
| IRS990/TotalLiabilitiesBOYAmt | 0 | 310253 |
| IRS990/TotalLiabilitiesEOYAmt | 0 | 93586 |
| IRS990/TotalLiabilitiesGrp/BOYAmt | 0 | 310253 |
| IRS990/TotalLiabilitiesGrp/EOYAmt | 0 | 93586 |
| IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt | 0 | 948401 |
| IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt | 0 | 1036828 |
| IRS990/TotalProgramServiceExpensesAmt | 0 | 236628 |
| IRS990/TotalProgramServiceRevenueAmt | 0 | 393851 |
| IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt | 0 | 408947 |
| IRS990/TotalRevenueGrp/TotalRevenueColumnAmt | 0 | 408947 |
| IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt | 0 | 1258654 |
| IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt | 0 | 1130414 |
| IRS990/TravelGrp/TotalAmt | 0 | 0 |
| IRS990/TypeOfOrganizationCorpInd | 0 | X |
| IRS990/UnrelatedBusIncmOverLimitInd | 0 | false |
| IRS990/UponRequestInd | 0 | X |
| IRS990/USAddress/AddressLine1Txt | 0 | PO BOX 67 |
| IRS990/USAddress/CityNm | 0 | ETOILE |
| IRS990/USAddress/StateAbbreviationCd | 0 | TX |
| IRS990/USAddress/ZIPCd | 0 | 75944 |
| IRS990/VotingMembersGoverningBodyCnt | 0 | 7 |
| IRS990/VotingMembersIndependentCnt | 0 | 7 |
| 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 | TANNER FRANKLIN |
| ReturnHeader/BusinessOfficerGrp/PersonTitleTxt | 0 | President |
| ReturnHeader/BusinessOfficerGrp/SignatureDt | 0 | 2025-04-29 |
| ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt | 0 | ETOILE WATER SUPPLY CORP |
| ReturnHeader/Filer/BusinessNameControlTxt | 0 | ETOI |
| ReturnHeader/Filer/EIN | 0 | 751320922 |
| ReturnHeader/Filer/PhoneNum | 0 | 9368542215 |
| ReturnHeader/Filer/USAddress/AddressLine1Txt | 0 | PO BOX 67 |
| ReturnHeader/Filer/USAddress/CityNm | 0 | ETOILE |
| ReturnHeader/Filer/USAddress/StateAbbreviationCd | 0 | TX |
| ReturnHeader/Filer/USAddress/ZIPCd | 0 | 75944 |
| ReturnHeader/IRSResponsiblePrtyInfoCurrInd | 0 | true |
| ReturnHeader/PreparerFirmGrp/PreparerFirmEIN | 0 | 223860521 |
| ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt | 0 | Todd Hamaker & Johnson LLP |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt | 0 | 517 S 1st St |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm | 0 | Lufkin |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd | 0 | TX |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd | 0 | 75901 |
| ReturnHeader/PreparerPersonGrp/PhoneNum | 0 | 9366328181 |
| ReturnHeader/PreparerPersonGrp/PreparerPersonNm | 0 | KIM JOHNSON CPA |
| ReturnHeader/ReturnTs | 0 | 2025-04-29T11:09:27-07:00 |
| ReturnHeader/ReturnTypeCd | 0 | 990 |
| ReturnHeader/TaxPeriodBeginDt | 0 | 2024-01-01 |
| ReturnHeader/TaxPeriodEndDt | 0 | 2024-12-31 |
| ReturnHeader/TaxYr | 0 | 2024 |
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