Civic Intelligence

Bi County Water Supply Corporation

990 • Fiscal year 2021 • EIN 75-1400320

Jan 01, 2021 to Dec 31, 2021 • Filed on May 11, 2022

PO Box 848Pittsburg, TX 75686

(903) 856-5840

Siviq Scores

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

Liabilities / Assets

4th percentile

0.01x

Higher debt load relative to assets than 4% of similar nonprofits.

2021 filings • 501(c)12 • $10M-$25M nonprofits • Source year 2021

Liabilities / Revenue

1st percentile

0.03x

Higher debt load relative to revenue than 1% of similar nonprofits.

2021 filings • 501(c)12 • $10M-$25M nonprofits • Source year 2021

Net Margin

67th percentile

16%

Higher net margin than 67% of similar nonprofits.

2021 filings • 501(c)12 • $10M-$25M nonprofits • Source year 2021

Top Officer Pay

73rd percentile

$148,310

Higher top officer pay than 73% of similar nonprofits.

Top officer pay equals 3.3% of source-year revenue.

2021 filings • 501(c)12 • $10M-$25M nonprofits • Source year 2021

Asset Growth

74th percentile

6.3%

Faster asset growth than 74% of similar nonprofits.

2021 filings • 501(c)12 • $10M-$25M nonprofits • Annualized from 2020 to 2021

Revenue Growth

83rd percentile

15%

Faster revenue growth than 83% of similar nonprofits.

2021 filings • 501(c)12 • $10M-$25M nonprofits • Annualized from 2020 to 2021

Assets

Up

$13,380,043

Up $794,996 (+6.3%) from 2020

Net Assets

Up

$13,262,742

Up $726,476 (+5.8%) from 2020

Liabilities

Up

$117,301

Up $68,520 (+140%) from 2020

Revenue

Up

$4,561,600

Up $582,046 (+15%) from 2020

Expenses

Up

$3,835,124

Up $176,351 (+4.8%) from 2020

Net Income

Up

$726,476

Up $405,695 (+126%) from 2020

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

2021

Assets$13,380,043
Liabilities$117,301
Net Assets$13,262,742

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

2021

Revenue$4,561,600
Expenses$3,835,124
Net Income$726,476
Jump To
Filing Snapshot
Filing Period
Jan 1, 2021 to Dec 31, 2021
Signed
May 11, 2022
Return Version
2021v4.0
Gross Receipts
$4,561,600
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$9,093,232$9,533,152▲ $439,920
Land, Buildings, and Equipment, Net$8,978,327$9,438,289▲ $459,962
Pd in Cap Srpls Land Bldg Eqp Fund$2,924,805$3,164,456▲ $239,651
Savings and Temporary Cash Investments$1,997,288$2,503,641▲ $506,353
Cap Stk Tr Prin Current Funds$518,229$565,134▲ $46,905
Cash and Non-Interest-Bearing Accounts$991,548$561,950▼ $429,598
Inventories for Sale or Use$302,842$515,972▲ $213,130
Accounts Receivable$315,040$360,188▲ $45,148
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$12,585,047$13,380,043▲ $794,996
Other Assets Total$2$3▲ $1
Liabilities
Accounts Payable and Accrued Expenses$48,781$117,301▲ $68,520
Total Liabilities$48,781$117,301▲ $68,520
Net Assets / Fund Balance
Total Net Assets Fund Balance$12,536,266$13,262,742▲ $726,476
Total Liabilities and Net Assets / Fund Balance$12,585,047$13,380,043▲ $794,996

Asset Categories

AssetBook ValueDepreciationBasis
Leasehold Improvements$8,287,155$10,504,416$18,791,571
Equipment$718,071$1,835,771$2,553,842
Other Land Buildings$66,965$310,321$377,286
Buildings$133,125$172,483$305,608
Land$232,973-$232,973
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Harlton TaylorManagerFT$148,310$148,310

Board Members and Trustees

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

Revenue Composition

Contributions and Grants
$452,150
Program Service Revenue
$4,072,322
Investment Income
$37,128
Other Revenue
$0
All Other Contributions
$452,150
Change in Net Assets
$726,476

Audited Revenue Reconciliation

Revenue per Audited Statements
$4,561,600
Total Revenue per Audited Statements
$4,561,600
Total Revenue per Form 990
$4,561,600
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$2,194,195
Salaries, Compensation, and Employee Benefits$1,640,929
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$1,053,626--$1,053,626
Depreciation Depletion$715,930--$715,930
Other Employee Benefits$357,032--$357,032
Occupancy$281,203--$281,203
Travel$241,146--$241,146
All Other Expenses$161,372--$161,372
Current Officers, Directors, Trustees, and Key Employees$148,310--$148,310
Insurance$87,277--$87,277
Payroll Taxes$81,961--$81,961
Other Expenses$55,712--$55,712
Fees for Services Other$32,543--$32,543
Fees for Services Accounting$20,476--$20,476
Advertising$3,025--$3,025
Total Functional Expenses$3,835,124$0$0$3,835,124

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$3,835,124
Total Expenses per Audited Statements$3,835,124
Total Expenses per Form 990$3,835,124
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
Audit committee
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
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
PO BOX 848, PITTSBURG, TX 75686

Signing Officer

Name
Harlton Taylor
Title
Manager
Signed
2022-05-11
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
915 N Jefferson Ave, Mount Pleasant, TX 75455
Preparer
Lanny Walker
Phone
9035726606
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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/OtherExpensesGrp/ProgramServicesAmt185364
IRS990/OtherExpensesGrp/ProgramServicesAmt259998
IRS990/OtherExpensesGrp/ProgramServicesAmt355712
IRS990/OtherExpensesGrp/TotalAmt0450149
IRS990/OtherExpensesGrp/TotalAmt185364
IRS990/OtherExpensesGrp/TotalAmt259998
IRS990/OtherExpensesGrp/TotalAmt355712
IRS990/OtherRevenueTotalAmt00
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt01053626
IRS990/OtherSalariesAndWagesGrp/TotalAmt01053626
IRS990/OthNotesLoansReceivableNetGrp/EOYAmt00
IRS990/PartialLiquidationInd0false
IRS990/PaymentsToAffiliatesGrp/TotalAmt00
IRS990/PayrollTaxesGrp/ProgramServicesAmt081961
IRS990/PayrollTaxesGrp/TotalAmt081961
IRS990/PdInCapSrplsLandBldgEqpFundGrp/BOYAmt02924805
IRS990/PdInCapSrplsLandBldgEqpFundGrp/EOYAmt03164456
IRS990/PensionPlanContributionsGrp/TotalAmt00
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt00
IRS990/PoliticalCampaignActyInd0false
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt00
IRS990/PrincipalOfficerNm0HARLTON TAYLOR
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgramServiceRevenueGrp/Desc0WATER SALES and FEES
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt04072322
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt04072322
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt0334145
IRS990/PYInvestmentIncomeAmt048612
IRS990/PymtTravelEntrtnmntPubOfclGrp/TotalAmt00
IRS990/PYOtherExpensesAmt01756343
IRS990/PYProgramServiceRevenueAmt03596797
IRS990/PYRevenuesLessExpensesAmt0320781
IRS990/PYSalariesCompEmpBnftPaidAmt01902430
IRS990/PYTotalExpensesAmt03658773
IRS990/PYTotalRevenueAmt03979554
IRS990/RcvblFromDisqualifiedPrsnGrp/EOYAmt00
IRS990/ReceivablesFromOfficersEtcGrp/EOYAmt00
IRS990/ReconcilationRevenueExpnssAmt0726476
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0false
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RoyaltiesGrp/TotalAmt00
IRS990/RoyaltiesRevenueGrp/TotalRevenueColumnAmt00
IRS990/RtnEarnEndowmentIncmOthFndsGrp/BOYAmt09093232
IRS990/RtnEarnEndowmentIncmOthFndsGrp/EOYAmt09533152
IRS990/SavingsAndTempCashInvstGrp/BOYAmt01997288
IRS990/SavingsAndTempCashInvstGrp/EOYAmt02503641
IRS990/ScheduleBRequiredInd0false
IRS990ScheduleD/BuildingsGrp/BookValueAmt0133125
IRS990ScheduleD/BuildingsGrp/DepreciationAmt0172483
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt0305608
IRS990ScheduleD/EquipmentGrp/BookValueAmt0718071
IRS990ScheduleD/EquipmentGrp/DepreciationAmt01835771
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt02553842
IRS990ScheduleD/ExpensesSubtotalAmt03835124
IRS990ScheduleD/LandGrp/BookValueAmt0232973
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt0232973
IRS990ScheduleD/LeaseholdImprovementsGrp/BookValueAmt08287155
IRS990ScheduleD/LeaseholdImprovementsGrp/DepreciationAmt010504416
IRS990ScheduleD/LeaseholdImprovementsGrp/OtherCostOrOtherBasisAmt018791571
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt066965
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt0310321
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt0377286
IRS990ScheduleD/RevenueSubtotalAmt04561600
IRS990ScheduleD/TotalBookValueLandBuildingsAmt09438289
IRS990ScheduleD/TotalExpensesPerForm990Amt03835124
IRS990ScheduleD/TotalRevenuePerForm990Amt04561600
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt04561600
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt03835124
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0true
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/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt012585047
IRS990/TotalAssetsEOYAmt013380043
IRS990/TotalAssetsGrp/BOYAmt012585047
IRS990/TotalAssetsGrp/EOYAmt013380043
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalContributionsAmt0452150
IRS990/TotalEmployeeCnt019
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt00
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt03835124
IRS990/TotalFunctionalExpensesGrp/TotalAmt03835124
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt048781
IRS990/TotalLiabilitiesEOYAmt0117301
IRS990/TotalLiabilitiesGrp/BOYAmt048781
IRS990/TotalLiabilitiesGrp/EOYAmt0117301
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt012536266
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt013262742
IRS990/TotalProgramServiceRevenueAmt04072322
IRS990/TotalReportableCompFromOrgAmt0148310
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt04109450
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt04561600
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt012585047
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt013380043
IRS990/TravelGrp/ProgramServicesAmt0241146
IRS990/TravelGrp/TotalAmt0241146
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/VotingMembersGoverningBodyCnt09
IRS990/VotingMembersIndependentCnt08
IRS990/WebsiteAddressTxt0N/A
IRS990/WhistleblowerPolicyInd0false
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/AuthenticationAssuranceLevelCd0AAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/FederatedAssuranceLevelCd0FAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/IdentityAssuranceLevelCd0IAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/TrustedCustomerCd03
ReturnHeader/BuildTS02022-09-23 18:48:47Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0HARLTON TAYLOR
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0MANAGER
ReturnHeader/BusinessOfficerGrp/SignatureDt02022-05-11
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0BI-COUNTY WATER SUPPLY
ReturnHeader/Filer/BusinessNameControlTxt0BI-C
ReturnHeader/Filer/EIN0751400320
ReturnHeader/Filer/USAddress/AddressLine1Txt0PO BOX 848
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/AddressLine1Txt0915 N Jefferson Ave
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0Mount Pleasant
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0TX
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd075455
ReturnHeader/PreparerPersonGrp/PhoneNum09035726606
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0LANNY WALKER
ReturnHeader/ReturnTs02022-05-11T14:00:53-07:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0HARLTON
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0TAYLOR
ReturnHeader/TaxPeriodBeginDt02021-01-01
ReturnHeader/TaxPeriodEndDt02021-12-31
ReturnHeader/TaxYr02021

Document Assets

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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