Liabilities / Assets
70th percentile
Higher debt load relative to assets than 70% of similar nonprofits.
Red Rock Water Supply Corp
EIN 75-2319226 • 501(c)12 • Flower Mound, TX
Profile
Red rock water supply is a water utility cooperative and supplies water to its 52 members in the towns of bartonville and flower mound, tx.
Siviq Scores
Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.
0.09x
Liabilities / Revenue
64th percentile
Higher debt load relative to revenue than 64% of similar nonprofits.
Net Margin
20th percentile
Higher net margin than 20% of similar nonprofits.
Top Officer Pay
79th percentile
Higher top officer pay than 79% of similar nonprofits.
Top officer pay equals 0.0% of source-year revenue.
Asset Growth
14th percentile
Faster asset growth than 14% of similar nonprofits.
Revenue Growth
40th percentile
Faster revenue growth than 40% of similar nonprofits.
Balance Sheet
Assets
Down$82,645
Down $3,763 (-4.4%) from 2023
Liabilities
Up$10,620
Up $2,496 (+31%) from 2023
Net Assets
Down$72,025
Down $6,259 (-8.0%) from 2023
Revenue
Down$36,953
Down $67,874 (-65%) from 2023
Expenses
Down$43,312
Down $82,972 (-66%) from 2023
Net Income
Up-$6,359
Up $15,098 (+70%) from 2023
Trend Graphs
Filings
Most recent year
2024 • Form 990EZDetailed filing. Detailed filing data is available for this year.
- Assets
- $82,645
- Liabilities
- $10,620
- Net assets
- $72,025
- Revenue
- $36,953
- Expenses
- $43,312
- Net income
- -$6,359
Latest Filing Detail
Jump To
Filing Snapshot
- Filing Period
- Jan 1, 2024 to Dec 31, 2024
- Signed
- Mar 15, 2025
- Return Version
- 2024v5.0
- Gross Receipts
- $124,438
Mission and Program Overview
Mission
Red rock water supply is a water utility cooperative and supplies water to its 52 members in the towns of bartonville and flower mound, tx.
SEE SCHEDULE O
Program Services
| Description | Grants | Expenses |
|---|---|---|
| PROVIDE WATER SERVICES TO RESIDENTS NOT SERVICED BY CITY WATER SUPPLY. ABOUT 53 RESIDENCES BENEFITED BY THE WATER SERVICES. | - | $0 |
Compensation and Service Providers
Employees
| Name | Title | Full / Part Time | Base | Other | Total |
|---|---|---|---|---|---|
| WILLIAM HASSELL | Treasurer | - | $0 | - | - |
| KATRINA FRANK | Secretary | - | $0 | - | - |
| RICK GARRETT | Vice President | - | $0 | - | - |
| LACY BURRHUS | President | - | $0 | - | - |
Filing and Contact Details
Filer
- Filer Name
- Red Rock Water Supply Corp
- EIN
- 75-2319226
- In Care Of
- % WILLIAM HASSELL
- Phone
- 7036220809
- Address
- 1419 LATIGO LANE, FLOWER MOUND, TX 75022
Signing Officer
- Name
- William Hassell
- Title
- Treasurer
- Phone
- 7036220809
- Signed
- 2025-03-15
- Discuss with paid preparer
- No
Preparer
- Firm
- Frenzel Consulting & Tax Services
- Address
- 2100 Village Parkway Ste 103, Highland Village, TX 75077
- Preparer
- Jeff Stafford
- Phone
- 9403824311
Supplemental Narrative
Additional Explanations
Description of other expenses Part I line 16
“Description amountdepreciation from 4562 3,450insurance 463regulatory expenses 736testing 7,532website 113misc 32”
Other changes in net assets or fund balances Part I line 20
“Description amountmeter deposits 100”
Description of other assets Part II line 24
“Category beginning of year end of yearaccounts receivable 2,205 12,800other depreciable assets 14,613 11,164meter deposits 0 100”
Description of total liabilities Part II line 26
“Category beginning of year end of yearaccounts payable 8,124 10,620”
Part III response or note to any other line in Part III
“Red rock water supply corp. Water utility cooperative and supplies water to its 53 members in the towns of bartonville and flower mound, tx.form 990-ez, part v, information regarding personal benefit contracts: the organization did not, during the year, receive any funds, directly, or indirectly, to pay premiums on a personal benefit contract. The organization, did not, during the year, pay any premiums, directly, or indirectly, on a personal benefit contract.”
Raw XML Appendix123 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 |
|---|---|---|
| IRS990EZ/ActivitiesNotPreviouslyRptInd | 0 | false |
| IRS990EZ/AddressChangeInd | 0 | X |
| IRS990EZ/BooksInCareOfDetail/PersonNm | 0 | WILLIAM HASSELL |
| IRS990EZ/BooksInCareOfDetail/PhoneNum | 0 | 7036220809 |
| IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt | 0 | 1419 LATIGO LANE |
| IRS990EZ/BooksInCareOfDetail/USAddress/CityNm | 0 | FLOWER MOUND |
| IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd | 0 | TX |
| IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd | 0 | 75022 |
| IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt | 0 | 69590 |
| IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt | 0 | 58581 |
| IRS990EZ/ChgMadeToOrgnzngDocNotRptInd | 0 | false |
| IRS990EZ/CostOfGoodsSoldAmt | 0 | 87485 |
| IRS990EZ/DonorAdvisedFndsInd | 0 | false |
| IRS990EZ/ExcessOrDeficitForYearAmt | 0 | -6359 |
| IRS990EZ/FeesAndOtherPymtToIndCntrctAmt | 0 | 18975 |
| IRS990EZ/ForeignFinancialAccountInd | 0 | false |
| IRS990EZ/ForeignOfficeInd | 0 | false |
| IRS990EZ/Form990TotalAssetsGrp/BOYAmt | 0 | 86408 |
| IRS990EZ/Form990TotalAssetsGrp/EOYAmt | 0 | 82645 |
| IRS990EZ/GrossProfitLossSlsOfInvntryAmt | 0 | 36953 |
| IRS990EZ/GrossReceiptsAmt | 0 | 124438 |
| IRS990EZ/GrossSalesOfInventoryAmt | 0 | 124438 |
| IRS990EZ/InfoInScheduleOPartIIIInd | 0 | X |
| IRS990EZ/InfoInScheduleOPartIIInd | 0 | X |
| IRS990EZ/InfoInScheduleOPartIInd | 0 | X |
| IRS990EZ/LandAndBuildingsGrp/BOYAmt | 0 | 0 |
| IRS990EZ/LandAndBuildingsGrp/EOYAmt | 0 | 0 |
| IRS990EZ/MadeLoansToFromOfficersInd | 0 | false |
| IRS990EZ/MethodOfAccountingCashInd | 0 | X |
| IRS990EZ/NetAssetsOrFundBalancesBOYAmt | 0 | 78284 |
| IRS990EZ/NetAssetsOrFundBalancesEOYAmt | 0 | 72025 |
| IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt | 0 | 78284 |
| IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt | 0 | 72025 |
| IRS990EZ/OccupancyRentUtltsAndMaintAmt | 0 | 11050 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 0 | 4.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 1 | 4.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 2 | 1.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 3 | 1.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 0 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 1 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 2 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 3 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt | 0 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt | 1 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt | 2 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt | 3 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt | 0 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt | 1 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt | 2 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt | 3 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 0 | WILLIAM HASSELL |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 1 | KATRINA FRANK |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 2 | RICK GARRETT |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 3 | LACY BURRHUS |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 0 | TREASURER |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 1 | SECRETARY |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 2 | VICE PRESIDENT |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 3 | PRESIDENT |
| IRS990EZ/OperateHospitalInd | 0 | false |
| IRS990EZ/Organization501cInd | 0 | X |
| IRS990EZ/OrganizationDissolvedEtcInd | 0 | false |
| IRS990EZ/OrganizationHadUBIInd | 0 | false |
| IRS990EZ/OtherAssetsTotalDetail/BOYAmt | 0 | 16818 |
| IRS990EZ/OtherAssetsTotalDetail/EOYAmt | 0 | 24064 |
| IRS990EZ/OtherChangesInNetAssetsAmt | 0 | 100 |
| IRS990EZ/OtherExpensesTotalAmt | 0 | 12326 |
| IRS990EZ/PoliticalCampaignActyInd | 0 | false |
| IRS990EZ/PrimaryExemptPurposeTxt | 0 | SEE SCHEDULE O |
| IRS990EZ/PrintingPublicationsPostageAmt | 0 | 961 |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt | 0 | PROVIDE WATER SERVICES TO RESIDENTS NOT SERVICED BY CITY WATER SUPPLY. ABOUT 53 RESIDENCES BENEFITED BY THE WATER SERVICES. |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt | 0 | 0 |
| IRS990EZ/ProhibitedTaxShelterTransInd | 0 | false |
| IRS990EZ/RelatedOrganizationCtrlEntInd | 0 | false |
| IRS990EZ/ScheduleBNotRequiredInd | 0 | X |
| IRS990EZ/SubjectToProxyTaxInd | 0 | false |
| IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt | 0 | 8124 |
| IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt | 0 | 10620 |
| IRS990EZ/TanningServicesProvidedInd | 0 | false |
| IRS990EZ/TotalExpensesAmt | 0 | 43312 |
| IRS990EZ/TotalRevenueAmt | 0 | 36953 |
| IRS990EZ/TransactionWithControlEntInd | 0 | false |
| IRS990EZ/TypeOfOrganizationCorpInd | 0 | X |
| IRS990EZ/WebsiteAddressTxt | 0 | WWW.RED-ROCK-WSC.COM |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 0 | DESCRIPTION AMOUNTDEPRECIATION FROM 4562 3,450INSURANCE 463REGULATORY EXPENSES 736TESTING 7,532WEBSITE 113MISC 32 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 1 | DESCRIPTION AMOUNTMETER DEPOSITS 100 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 2 | CATEGORY BEGINNING OF YEAR END OF YEARACCOUNTS RECEIVABLE 2,205 12,800OTHER DEPRECIABLE ASSETS 14,613 11,164METER DEPOSITS 0 100 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 3 | CATEGORY BEGINNING OF YEAR END OF YEARACCOUNTS PAYABLE 8,124 10,620 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 4 | RED ROCK WATER SUPPLY CORP. WATER UTILITY COOPERATIVE AND SUPPLIES WATER TO ITS 53 MEMBERS IN THE TOWNS OF BARTONVILLE AND FLOWER MOUND, TX.FORM 990-EZ, PART V, INFORMATION REGARDING PERSONAL BENEFIT CONTRACTS: THE ORGANIZATION DID NOT, DURING THE YEAR, RECEIVE ANY FUNDS, DIRECTLY, OR INDIRECTLY, TO PAY PREMIUMS ON A PERSONAL BENEFIT CONTRACT. THE ORGANIZATION, DID NOT, DURING THE YEAR, PAY ANY PREMIUMS, DIRECTLY, OR INDIRECTLY, ON A PERSONAL BENEFIT CONTRACT. |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 0 | Description of other expenses Part I line 16 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 1 | Other changes in net assets or fund balances Part I line 20 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 2 | Description of other assets Part II line 24 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 3 | Description of total liabilities Part II line 26 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 4 | Part III response or note to any other line in Part III |
| ReturnHeader/BuildTS | 0 | 2025-03-06 01:10:19Z |
| ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd | 0 | false |
| ReturnHeader/BusinessOfficerGrp/PersonNm | 0 | WILLIAM HASSELL |
| ReturnHeader/BusinessOfficerGrp/PersonTitleTxt | 0 | TREASURER |
| ReturnHeader/BusinessOfficerGrp/PhoneNum | 0 | 7036220809 |
| ReturnHeader/BusinessOfficerGrp/SignatureDt | 0 | 2025-03-15 |
| ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt | 0 | RED ROCK WATER SUPPLY CORP |
| ReturnHeader/Filer/BusinessNameControlTxt | 0 | REDR |
| ReturnHeader/Filer/EIN | 0 | 752319226 |
| ReturnHeader/Filer/InCareOfNm | 0 | % WILLIAM HASSELL |
| ReturnHeader/Filer/PhoneNum | 0 | 7036220809 |
| ReturnHeader/Filer/USAddress/AddressLine1Txt | 0 | 1419 LATIGO LANE |
| ReturnHeader/Filer/USAddress/CityNm | 0 | FLOWER MOUND |
| ReturnHeader/Filer/USAddress/StateAbbreviationCd | 0 | TX |
| ReturnHeader/Filer/USAddress/ZIPCd | 0 | 75022 |
| ReturnHeader/IRSResponsiblePrtyInfoCurrInd | 0 | true |
| ReturnHeader/PreparerFirmGrp/PreparerFirmEIN | 0 | 465522714 |
| ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt | 0 | FRENZEL CONSULTING & TAX SERVICES |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt | 0 | 2100 Village Parkway Ste 103 |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm | 0 | Highland Village |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd | 0 | TX |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd | 0 | 75077 |
| ReturnHeader/PreparerPersonGrp/PhoneNum | 0 | 9403824311 |
| ReturnHeader/PreparerPersonGrp/PreparationDt | 0 | 2025-03-03 |
| ReturnHeader/PreparerPersonGrp/PreparerPersonNm | 0 | JEFF STAFFORD |
| ReturnHeader/ReturnTs | 0 | 2025-03-03T15:43:35-05:00 |
| ReturnHeader/ReturnTypeCd | 0 | 990EZ |
| ReturnHeader/TaxPeriodBeginDt | 0 | 2024-01-01 |
| ReturnHeader/TaxPeriodEndDt | 0 | 2024-12-31 |
| ReturnHeader/TaxYr | 0 | 2024 |
Document Assets
No mirrored PDF or thumbnail assets are attached yet.