Civic Intelligence

Bi County Water Supply Corporation

990 • Fiscal year 2018 • EIN 75-1400320

Jan 01, 2018 to Dec 31, 2018 • Filed on Mar 04, 2019

4094 Fm 2254Pittsburg, TX 75686

(903) 856-5840

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

16th percentile

0.08x

Higher debt load relative to assets than 16% of similar nonprofits.

2018 filings • 501(c)12 • $10M-$25M nonprofits • Source year 2018

Liabilities / Revenue

16th percentile

0.26x

Higher debt load relative to revenue than 16% of similar nonprofits.

2018 filings • 501(c)12 • $10M-$25M nonprofits • Source year 2018

Net Margin

74th percentile

16%

Higher net margin than 74% of similar nonprofits.

2018 filings • 501(c)12 • $10M-$25M nonprofits • Source year 2018

Top Officer Pay

68th percentile

$138,218

Higher top officer pay than 68% of similar nonprofits.

Top officer pay equals 3.6% of source-year revenue.

2018 filings • 501(c)12 • $10M-$25M nonprofits • Source year 2018

Asset Growth

57th percentile

3.2%

Faster asset growth than 57% of similar nonprofits.

2018 filings • 501(c)12 • $10M-$25M nonprofits • Annualized from 2017 to 2018

Revenue Growth

66th percentile

6.7%

Faster revenue growth than 66% of similar nonprofits.

2018 filings • 501(c)12 • $10M-$25M nonprofits • Annualized from 2017 to 2018

Assets

Up

$12,580,261

Up $386,885 (+3.2%) from 2017

Net Assets

Up

$11,594,938

Up $605,746 (+5.5%) from 2017

Liabilities

Down

$985,323

Down $218,861 (-18%) from 2017

Revenue

Up

$3,849,173

Up $241,489 (+6.7%) from 2017

Expenses

Up

$3,243,427

Up $322,877 (+11%) from 2017

Net Income

Down

$605,746

Down $81,388 (-12%) from 2017

Historical Trend

Balance Sheet Trend

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$20M$15M$10M$5.0M$0Assets 2011: $10,790,252Liabilities 2011: $2,745,171Net Assets 2011: $8,045,0812011Assets 2012: $11,120,051Liabilities 2012: $2,422,314Net Assets 2012: $8,697,7372012Assets 2013: $11,430,391Liabilities 2013: $2,310,529Net Assets 2013: $9,119,8622013Assets 2014: $11,008,863Liabilities 2014: $1,726,319Net Assets 2014: $9,282,5442014Assets 2015: $11,514,326Liabilities 2015: $1,628,736Net Assets 2015: $9,885,5902015Assets 2016: $11,699,579Liabilities 2016: $1,397,521Net Assets 2016: $10,302,0582016Assets 2017: $12,193,376Liabilities 2017: $1,204,184Net Assets 2017: $10,989,1922017Assets 2018: $12,580,261Liabilities 2018: $985,323Net Assets 2018: $11,594,9382018Assets 2019: $12,477,448Liabilities 2019: $572,863Net Assets 2019: $11,904,5852019Assets 2020: $12,585,047Liabilities 2020: $48,781Net Assets 2020: $12,536,2662020Assets 2021: $13,380,043Liabilities 2021: $117,301Net Assets 2021: $13,262,7422021Assets 2022: $14,407,083Liabilities 2022: $11,000Net Assets 2022: $14,396,0832022Assets 2023: $17,121,917Liabilities 2023: $2,089,444Net Assets 2023: $15,032,4732023Assets 2024: $17,306,776Liabilities 2024: $2,021,799Net Assets 2024: $15,284,9772024Assets 2025: $17,486,341Liabilities 2025: $1,955,548Net Assets 2025: $15,530,7932025

Highlighted filing

2018

Assets$12,580,261
Liabilities$985,323
Net Assets$11,594,938

Operations Trend

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$6.0M$4.0M$2.0M$0Revenue 2011: $3,403,201Expenses 2011: $2,185,055Net Income 2011: $1,218,1462011Expenses 2012: $2,419,3412012Revenue 2013: $3,020,048Expenses 2013: $2,597,923Net Income 2013: $422,1252013Revenue 2014: $2,985,442Expenses 2014: $2,822,760Net Income 2014: $162,6822014Revenue 2015: $3,446,933Expenses 2015: $2,843,887Net Income 2015: $603,0462015Revenue 2016: $3,342,236Expenses 2016: $2,925,768Net Income 2016: $416,4682016Revenue 2017: $3,607,684Expenses 2017: $2,920,550Net Income 2017: $687,1342017Revenue 2018: $3,849,173Expenses 2018: $3,243,427Net Income 2018: $605,7462018Revenue 2019: $3,774,176Expenses 2019: $3,464,529Net Income 2019: $309,6472019Revenue 2020: $3,979,554Expenses 2020: $3,658,773Net Income 2020: $320,7812020Revenue 2021: $4,561,600Expenses 2021: $3,835,124Net Income 2021: $726,4762021Revenue 2022: $5,325,254Expenses 2022: $4,191,913Net Income 2022: $1,133,3412022Revenue 2023: $5,601,280Expenses 2023: $4,964,890Net Income 2023: $636,3902023Revenue 2024: $5,693,736Expenses 2024: $5,441,232Net Income 2024: $252,5042024Revenue 2025: $5,975,265Expenses 2025: $5,729,449Net Income 2025: $245,8162025

Highlighted filing

2018

Revenue$3,849,173
Expenses$3,243,427
Net Income$605,746
Jump To
Filing Snapshot
Filing Period
Jan 1, 2018 to Dec 31, 2018
Signed
Mar 4, 2019
Return Version
2018v3.1
Gross Receipts
$3,849,173
Mission and Program Overview

Mission

Production and distribution of water to rural water members

Balance Sheet Detail
LineBeginningEndChange
Assets
Rtn Earn Endowment Incm Other Fnds$7,851,661$8,326,730▲ $475,069
Land, Buildings, and Equipment, Net$8,324,172$8,312,959▼ $11,213
Pd in Cap Srpls Land Bldg Eqp Fund$2,671,830$2,793,957▲ $122,127
Savings and Temporary Cash Investments$2,535,363$2,716,272▲ $180,909
Cash and Non-Interest-Bearing Accounts$905,241$960,439▲ $55,198
Cap Stk Tr Prin Current Funds$465,701$474,251▲ $8,550
Accounts Receivable$277,958$296,402▲ $18,444
Inventories for Sale or Use$150,640$294,189▲ $143,549
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$12,193,376$12,580,261▲ $386,885
Other Assets Total$2$0▼ $2
Liabilities
Mortgage Notes Payable Secured by Investment Property$979,716$775,182▼ $204,534
Unsecured Notes Loans Payable$196,527$204,534▲ $8,007
Accounts Payable and Accrued Expenses$27,941$5,607▼ $22,334
Total Liabilities$1,204,184$985,323▼ $218,861
Net Assets / Fund Balance
Total Net Assets Fund Balance$10,989,192$11,594,938▲ $605,746
Total Liabilities and Net Assets / Fund Balance$12,193,376$12,580,261▲ $386,885

Asset Categories

AssetBook ValueDepreciationBasis
Leasehold Improvements$7,030,542$9,087,877$16,118,419
Equipment$514,147$1,536,898$2,051,045
Other Land Buildings$426,158$195,310$621,468
Buildings$168,372$137,236$305,608
Land$173,740-$173,740
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Harlton TaylorManagerFT$138,218$138,218

Board Members and Trustees

NameTitle
David HamlinPresident
Lawrence ClevelandVice President
Charolotte BrewerDirector
Daniel CastroDirector
James JerniganDirector
James WhiteDirector
Mitch MaybenDirector
Russel HillDirector
Ashley WilsonSec/treas
Revenue and Support

Revenue Composition

Contributions and Grants
$272,183
Program Service Revenue
$3,511,458
Investment Income
$65,532
Other Revenue
$0
All Other Contributions
$145,875
Change in Net Assets
$605,746
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$1,758,721
Salaries, Compensation, and Employee Benefits$1,484,706
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$917,037--$917,037
Depreciation Depletion$634,949--$634,949
Other Employee Benefits$346,071--$346,071
Occupancy$249,228--$249,228
Travel$161,340--$161,340
All Other Expenses$160,143--$160,143
Current Officers, Directors, Trustees, and Key Employees$138,218--$138,218
Payroll Taxes$83,380--$83,380
Insurance$62,042--$62,042
Other Expenses$47,560--$47,560
Interest$43,472--$43,472
Fees for Services Other$20,910--$20,910
Fees for Services Accounting$15,648--$15,648
Advertising$1,879--$1,879
Total Functional Expenses$3,243,427$0$0$3,243,427
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-
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
No
Audit committee
No
Backup withholding compliance
Yes
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, Line 11B: Form 990 Review Process

governing body has right to review 990 if they so choose

Form 990, Part VI, Line 19: Other Organization Documents Publicly Available

No documents available to the public.

Filing and Contact Details

Filer

Filer Name
Bi-county Water Supply
EIN
75-1400320
Address
4094 FM 2254, PITTSBURG, TX 75686

Signing Officer

Name
Harlton Taylor
Title
Manager
Signed
2019-03-04
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Harlton Taylor
Voting Board Members
9
Independent Board Members
8
Employees
19

Preparer

Firm
Arnold Walker Arnold & Co PC
Address
PO Box 1217, Mt Pleasant, TX 75456-1217
Preparer
Lanny Walker
Phone
9035726606
Raw XML Appendix397 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/OtherAssetsTotalGrp/EOYAmt00
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt0346071
IRS990/OtherEmployeeBenefitsGrp/TotalAmt0346071
IRS990/OtherExpensesGrp/Desc0REPAIRS & MAINTENANCE
IRS990/OtherExpensesGrp/Desc1SUPPLIES
IRS990/OtherExpensesGrp/Desc2CONTRACT SERVICES
IRS990/OtherExpensesGrp/Desc3TAXES AND LICENSES
IRS990/OtherExpensesGrp/ProgramServicesAmt0216780
IRS990/OtherExpensesGrp/ProgramServicesAmt172468
IRS990/OtherExpensesGrp/ProgramServicesAmt272302
IRS990/OtherExpensesGrp/ProgramServicesAmt347560
IRS990/OtherExpensesGrp/TotalAmt0216780
IRS990/OtherExpensesGrp/TotalAmt172468
IRS990/OtherExpensesGrp/TotalAmt272302
IRS990/OtherExpensesGrp/TotalAmt347560
IRS990/OtherRevenueTotalAmt00
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt0917037
IRS990/OtherSalariesAndWagesGrp/TotalAmt0917037
IRS990/OthNotesLoansReceivableNetGrp/EOYAmt00
IRS990/PartialLiquidationInd0false
IRS990/PaymentsToAffiliatesGrp/TotalAmt00
IRS990/PayrollTaxesGrp/ProgramServicesAmt083380
IRS990/PayrollTaxesGrp/TotalAmt083380
IRS990/PdInCapSrplsLandBldgEqpFundGrp/BOYAmt02671830
IRS990/PdInCapSrplsLandBldgEqpFundGrp/EOYAmt02793957
IRS990/PensionPlanContributionsGrp/TotalAmt00
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt00
IRS990/PoliticalCampaignActyInd0false
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt00
IRS990/PrincipalOfficerNm0HARLTON TAYLOR
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgramServiceRevenueGrp/Desc0WATER SALES and FEES
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt03511458
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt03511458
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt0255698
IRS990/PYInvestmentIncomeAmt037915
IRS990/PymtTravelEntrtnmntPubOfclGrp/TotalAmt00
IRS990/PYOtherExpensesAmt01622225
IRS990/PYProgramServiceRevenueAmt03314071
IRS990/PYRevenuesLessExpensesAmt0687134
IRS990/PYSalariesCompEmpBnftPaidAmt01298325
IRS990/PYTotalExpensesAmt02920550
IRS990/PYTotalRevenueAmt03607684
IRS990/RcvblFromDisqualifiedPrsnGrp/EOYAmt00
IRS990/ReceivablesFromOfficersEtcGrp/EOYAmt00
IRS990/ReconcilationRevenueExpnssAmt0605746
IRS990/RegularMonitoringEnfrcInd0false
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0false
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RoyaltiesGrp/TotalAmt00
IRS990/RoyaltiesRevenueGrp/TotalRevenueColumnAmt00
IRS990/RtnEarnEndowmentIncmOthFndsGrp/BOYAmt07851661
IRS990/RtnEarnEndowmentIncmOthFndsGrp/EOYAmt08326730
IRS990/SavingsAndTempCashInvstGrp/BOYAmt02535363
IRS990/SavingsAndTempCashInvstGrp/EOYAmt02716272
IRS990/ScheduleBRequiredInd0false
IRS990ScheduleD/BuildingsGrp/BookValueAmt0168372
IRS990ScheduleD/BuildingsGrp/DepreciationAmt0137236
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt0305608
IRS990ScheduleD/EquipmentGrp/BookValueAmt0514147
IRS990ScheduleD/EquipmentGrp/DepreciationAmt01536898
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt02051045
IRS990ScheduleD/LandGrp/BookValueAmt0173740
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt0173740
IRS990ScheduleD/LeaseholdImprovementsGrp/BookValueAmt07030542
IRS990ScheduleD/LeaseholdImprovementsGrp/DepreciationAmt09087877
IRS990ScheduleD/LeaseholdImprovementsGrp/OtherCostOrOtherBasisAmt016118419
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt0426158
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt0195310
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt0621468
IRS990ScheduleD/TotalBookValueLandBuildingsAmt08312959
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0false
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0governing body has right to review 990 if they so choose
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1No documents available to the public.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990, Part VI, Line 11b: Form 990 Review Process
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990, Part VI, Line 19: Other Organization Documents Publicly Available
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/SubjectToExcsTaxNetInvstIncInd0false
IRS990/SubjectToProxyTaxInd0false
IRS990/SubjToTaxRmnrtnExPrchtPymtInd0false
IRS990/TaxableDistributionsInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TempOrPermanentEndowmentsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt012193376
IRS990/TotalAssetsEOYAmt012580261
IRS990/TotalAssetsGrp/BOYAmt012193376
IRS990/TotalAssetsGrp/EOYAmt012580261
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalContributionsAmt0272183
IRS990/TotalEmployeeCnt019
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt00
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt03243427
IRS990/TotalFunctionalExpensesGrp/TotalAmt03243427
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt01204184
IRS990/TotalLiabilitiesEOYAmt0985323
IRS990/TotalLiabilitiesGrp/BOYAmt01204184
IRS990/TotalLiabilitiesGrp/EOYAmt0985323
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt010989192
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt011594938
IRS990/TotalProgramServiceRevenueAmt03511458
IRS990/TotalReportableCompFromOrgAmt0138218
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt03576990
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt03849173
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt012193376
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt012580261
IRS990/TravelGrp/ProgramServicesAmt0161340
IRS990/TravelGrp/TotalAmt0161340
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/UnsecuredNotesLoansPayableGrp/BOYAmt0196527
IRS990/UnsecuredNotesLoansPayableGrp/EOYAmt0204534
IRS990/VotingMembersGoverningBodyCnt09
IRS990/VotingMembersIndependentCnt08
IRS990/WebsiteAddressTxt0N/A
IRS990/WhistleblowerPolicyInd0false
ReturnHeader/BuildTS02019-02-21 02:37:17Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0HARLTON TAYLOR
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0MANAGER
ReturnHeader/BusinessOfficerGrp/SignatureDt02019-03-04
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0BI-COUNTY WATER SUPPLY
ReturnHeader/Filer/BusinessNameControlTxt0BI-C
ReturnHeader/Filer/EIN0751400320
ReturnHeader/Filer/USAddress/AddressLine1Txt04094 FM 2254
ReturnHeader/Filer/USAddress/CityNm0PITTSBURG
ReturnHeader/Filer/USAddress/StateAbbreviationCd0TX
ReturnHeader/Filer/USAddress/ZIPCd075686
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0751423103
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0Arnold Walker Arnold & Co PC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0PO Box 1217
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0Mt Pleasant
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0TX
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd0754561217
ReturnHeader/PreparerPersonGrp/PhoneNum09035726606
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0LANNY WALKER
ReturnHeader/ReturnTs02019-03-04T15:37:40-08:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02018-01-01
ReturnHeader/TaxPeriodEndDt02018-12-31
ReturnHeader/TaxYr02018

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Detailed filing. Detailed filing data is available for this year.$17.5$1.96$15.5$5.98$5.73$0.25
2024Detailed filing. Detailed filing data is available for this year.$17.3$2.02$15.3$5.69$5.44$0.25
2023Detailed filing. Detailed filing data is available for this year.$17.1$2.09$15.0$5.60$4.96$0.64
2022Detailed filing. Detailed filing data is available for this year.$14.4$0.01$14.4$5.33$4.19$1.13
2021Detailed filing. Detailed filing data is available for this year.$13.4$0.12$13.3$4.56$3.84$0.73
2020Detailed filing. Detailed filing data is available for this year.$12.6$0.05$12.5$3.98$3.66$0.32
2019Detailed filing. Detailed filing data is available for this year.$12.5$0.57$11.9$3.77$3.46$0.31
2018Detailed filing. Detailed filing data is available for this year.$12.6$0.99$11.6$3.85$3.24$0.61
2017Detailed filing. Detailed filing data is available for this year.$12.2$1.20$11.0$3.61$2.92$0.69
2016Summary only. Only limited summary data is available for this year.$11.7$1.40$10.3$3.34$2.93$0.42
2015Summary only. Only limited summary data is available for this year.$11.5$1.63$9.89$3.45$2.84$0.60
2014Detailed filing. Detailed filing data is available for this year.$11.0$1.73$9.28$2.99$2.82$0.16
2013Detailed filing. Detailed filing data is available for this year.$11.4$2.31$9.12$3.02$2.60$0.42
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$11.1$2.42$8.70$2.42
2011Summary only. Only limited summary data is available for this year.$10.8$2.75$8.05$3.40$2.19$1.22