Civic Intelligence

Study Butte Water Supply Corporation Inc

990 • Fiscal year 2019 • EIN 75-2348406

Jan 01, 2019 to Dec 31, 2019 • Filed on Nov 11, 2020

Organization ProfileN/A
P O Box 148Terlingua, TX 79852

(432) 371-2933

Siviq Scores

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

Liabilities / Assets

44th percentile

0.19x

Higher debt load relative to assets than 44% of similar nonprofits.

2019 filings • 501(c)12 • $1M-$5M nonprofits • Source year 2019

Liabilities / Revenue

49th percentile

0.95x

Higher debt load relative to revenue than 49% of similar nonprofits.

2019 filings • 501(c)12 • $1M-$5M nonprofits • Source year 2019

Net Margin

61st percentile

9.4%

Higher net margin than 61% of similar nonprofits.

2019 filings • 501(c)12 • $1M-$5M nonprofits • Source year 2019

Top Officer Pay

62nd percentile

$0

Higher top officer pay than 62% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

2019 filings • 501(c)12 • $1M-$5M nonprofits • Source year 2019

Asset Growth

91st percentile

13%

Faster asset growth than 91% of similar nonprofits.

2019 filings • 501(c)12 • $1M-$5M nonprofits • Annualized from 2018 to 2019

Revenue Growth

3rd percentile

-34%

Faster revenue growth than 3% of similar nonprofits.

2019 filings • 501(c)12 • $1M-$5M nonprofits • Annualized from 2018 to 2019

Balance Sheet
Liabilities / Assets44th percentile

Assets

Up

$3,101,691

Up $347,913 (+13%) from 2018

Net Assets

Up

$2,518,101

Up $57,689 (+2.3%) from 2018

Liabilities

Up

$583,590

Up $290,224 (+99%) from 2018

Revenue And Expenses
Liabilities / Revenue49th percentileNet Margin61st percentile

Revenue

Down

$615,945

Down $319,197 (-34%) from 2018

Expenses

Up

$558,256

Up $35,678 (+6.8%) from 2018

Net Income

Down

$57,689

Down $354,875 (-86%) from 2018

Historical Trend

Balance Sheet Trend

Asset Growth91st percentile

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

$4.0M$3.0M$2.0M$1.0M$0Assets 2011: $2,182,295Liabilities 2011: $243,728Net Assets 2011: $1,938,5672011Assets 2012: $2,507,720Liabilities 2012: $239,955Net Assets 2012: $2,267,7652012Assets 2013: $2,511,262Liabilities 2013: $228,584Net Assets 2013: $2,282,6782013Assets 2014: $2,330,275Liabilities 2014: $299,844Net Assets 2014: $2,030,4312014Assets 2015: $2,036,670Liabilities 2015: $346,651Net Assets 2015: $1,690,0192015Assets 2016: $1,803,457Liabilities 2016: $309,064Net Assets 2016: $1,494,3932016Assets 2017: $2,526,829Liabilities 2017: $478,981Net Assets 2017: $2,047,8482017Assets 2018: $2,753,778Liabilities 2018: $293,366Net Assets 2018: $2,460,4122018Assets 2019: $3,101,691Liabilities 2019: $583,590Net Assets 2019: $2,518,1012019Assets 2020: $3,009,675Liabilities 2020: $550,372Net Assets 2020: $2,459,3032020Assets 2021: $2,933,250Liabilities 2021: $513,285Net Assets 2021: $2,419,9652021Assets 2022: $2,891,787Liabilities 2022: $504,806Net Assets 2022: $2,386,9812022Assets 2023: $2,878,964Liabilities 2023: $339,046Net Assets 2023: $2,539,9182023Assets 2024: $2,779,199Liabilities 2024: $301,543Net Assets 2024: $2,477,6562024

Highlighted filing

2019

Assets$3,101,691
Liabilities$583,590
Net Assets$2,518,101
Open 2019 Filing

Operations Trend

Revenue Growth3rd percentile

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

$1.5M$1.0M$500K$0-$500KRevenue 2011: $419,103Expenses 2011: $351,738Net Income 2011: $67,3652011Revenue 2012: $732,342Expenses 2012: $403,143Net Income 2012: $329,1992012Expenses 2013: $437,8562013Revenue 2014: $315,793Expenses 2014: $524,974Net Income 2014: -$209,1812014Revenue 2015: $174,485Expenses 2015: $514,897Net Income 2015: -$340,4122015Revenue 2016: $332,780Expenses 2016: $528,406Net Income 2016: -$195,6262016Revenue 2017: $1,078,889Expenses 2017: $572,490Net Income 2017: $506,3992017Revenue 2018: $935,142Expenses 2018: $522,578Net Income 2018: $412,5642018Revenue 2019: $615,945Expenses 2019: $558,256Net Income 2019: $57,6892019Revenue 2020: $532,341Expenses 2020: $591,139Net Income 2020: -$58,7982020Revenue 2021: $556,537Expenses 2021: $595,875Net Income 2021: -$39,3382021Revenue 2022: $576,385Expenses 2022: $609,369Net Income 2022: -$32,9842022Revenue 2023: $813,380Expenses 2023: $660,443Net Income 2023: $152,9372023Revenue 2024: $545,841Expenses 2024: $718,119Net Income 2024: -$172,2782024

Highlighted filing

2019

Revenue$615,945
Expenses$558,256
Net Income$57,689
Open 2019 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2019 to Dec 31, 2019
Signed
Nov 11, 2020
Return Version
2019v5.0
Gross Receipts
$646,125
Mission and Program Overview

Mission

The corporation was formed for the purpose of furnishing water services for domestic purposes to individuals residing in study butte and terlingua, texas.funding for this project is being provided by the united states department of agriculture - rural utilities service.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$1,234,292$2,560,711▲ $1,326,419
Cash and Non-Interest-Bearing Accounts$140,795$416,104▲ $275,309
Savings and Temporary Cash Investments$27,086$83,579▲ $56,493
Accounts Receivable$14,655$11,847▼ $2,808
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-
Prepaid Expenses and Deferred Charges-$0-
Total Assets$2,753,778$3,101,691▲ $347,913
Other Assets Total$1,336,950$29,450▼ $1,307,500
Liabilities
Other Liabilities$61,900$355,809▲ $293,909
Mortgage Notes Payable Secured by Investment Property$211,752$199,299▼ $12,453
Accounts Payable and Accrued Expenses$19,714$28,482▲ $8,768
Total Liabilities$293,366$583,590▲ $290,224
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$2,460,412$2,518,101▲ $57,689
Total Net Assets Fund Balance$2,460,412$2,518,101▲ $57,689
Total Liabilities and Net Assets / Fund Balance$2,753,778$3,101,691▲ $347,913

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$2,440,395$2,556,872$4,997,267
Buildings$63,081$57,395$120,476
Other Land Buildings$38,131$75,738$113,869
Leasehold Improvements$9,260$45,671$54,931
Land$9,844-$9,844
Compensation and Service Providers
Top Officer Pay62nd percentile

Board Members and Trustees

NameTitle
Sam BottenfieldPresident
John HolroydVice President
Leon SmithDirector
Lico MillerDirector
Lanetta a BarnesOffice Manager
Jorge L GarciaOperator
Greg HeningtonSecretary-Treas
Revenue and Support

Revenue Composition

Contributions and Grants
$179,494
Program Service Revenue
$466,131
Investment Income
$-29,680
Other Revenue
$0
Change in Net Assets
$57,689
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$400,725
Salaries, Compensation, and Employee Benefits$157,531
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Depreciation Depletion$150,223$16,691-$166,914
Other Salaries and Wages$109,609$33,170-$142,779
All Other Expenses$31,326$4,683-$36,009
Insurance$17,023$15,678-$32,701
Other Expenses$22,650$910-$23,560
Payroll Taxes$11,440$3,312-$14,752
Interest$9,032--$9,032
Office Expenses$2,114$2,441-$4,555
Travel$1,150$2,023-$3,173
Total Functional Expenses$446,623$111,633$0$558,256
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-
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Deferred Revenue - Twdb$277,000
Refundable Memberships$62,127
Credit Card$6,954
Unearned Revenue$4,611
Accrued Payroll Taxes$4,431
Accrued Interest$686
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Audit committee
Yes
Backup withholding compliance
No
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

“No review was or will be conducted.”

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

“No documents available to the public.”

Filing and Contact Details

Filer

Filer Name
Study Butte Water Supply
EIN
75-2348406
Phone
4323712933
Address
P O BOX 148, TERLINGUA, TX 79852

Signing Officer

Name
Greg Henington
Title
Secretary-treasurer
Signed
2020-11-11
Discuss with paid preparer
Yes

Organization Details

Voting Board Members
5
Independent Board Members
0
Employees
8

Preparer

Firm
Daniela C Lara CPA PC
Address
1701 W Highway 90, Alpine, TX 79830
Preparer
Daniela C Lara CPA
Phone
4328375861
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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/ProgramServiceRevenueGrp/Desc1OTHER
IRS990/ProgramServiceRevenueGrp/Desc2WATER SALES
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt06500
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt118599
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt2441032
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt06500
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt118599
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt2441032
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt0519205
IRS990/PYInvestmentIncomeAmt0291
IRS990/PymtTravelEntrtnmntPubOfclGrp/TotalAmt00
IRS990/PYOtherExpensesAmt0399325
IRS990/PYProgramServiceRevenueAmt0415646
IRS990/PYRevenuesLessExpensesAmt0412564
IRS990/PYSalariesCompEmpBnftPaidAmt0123253
IRS990/PYTotalExpensesAmt0522578
IRS990/PYTotalRevenueAmt0935142
IRS990/RcvblFromDisqualifiedPrsnGrp/EOYAmt00
IRS990/ReceivablesFromOfficersEtcGrp/EOYAmt00
IRS990/ReconcilationRevenueExpnssAmt057689
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0true
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RoyaltiesGrp/TotalAmt00
IRS990/RoyaltiesRevenueGrp/TotalRevenueColumnAmt00
IRS990/SavingsAndTempCashInvstGrp/BOYAmt027086
IRS990/SavingsAndTempCashInvstGrp/EOYAmt083579
IRS990/ScheduleBRequiredInd0false
IRS990ScheduleD/BuildingsGrp/BookValueAmt063081
IRS990ScheduleD/BuildingsGrp/DepreciationAmt057395
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt0120476
IRS990ScheduleD/EquipmentGrp/BookValueAmt02440395
IRS990ScheduleD/EquipmentGrp/DepreciationAmt02556872
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt04997267
IRS990ScheduleD/LandGrp/BookValueAmt09844
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt09844
IRS990ScheduleD/LeaseholdImprovementsGrp/BookValueAmt09260
IRS990ScheduleD/LeaseholdImprovementsGrp/DepreciationAmt045671
IRS990ScheduleD/LeaseholdImprovementsGrp/OtherCostOrOtherBasisAmt054931
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt038131
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt075738
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt0113869
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt0686
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt14431
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt26954
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt3277000
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt462127
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt54611
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0ACCRUED INTEREST
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc1ACCRUED PAYROLL TAXES
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc2CREDIT CARD
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc3DEFERRED REVENUE - TWDB
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc4REFUNDABLE MEMBERSHIPS
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc5UNEARNED REVENUE
IRS990ScheduleD/TotalBookValueLandBuildingsAmt02560711
IRS990ScheduleD/TotalLiabilityAmt0355809
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0No review was or will be conducted.
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/TotalAssetsBOYAmt02753778
IRS990/TotalAssetsEOYAmt03101691
IRS990/TotalAssetsGrp/BOYAmt02753778
IRS990/TotalAssetsGrp/EOYAmt03101691
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalContributionsAmt0179494
IRS990/TotalEmployeeCnt08
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt0111633
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0446623
IRS990/TotalFunctionalExpensesGrp/TotalAmt0558256
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt0293366
IRS990/TotalLiabilitiesEOYAmt0583590
IRS990/TotalLiabilitiesGrp/BOYAmt0293366
IRS990/TotalLiabilitiesGrp/EOYAmt0583590
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt02460412
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt02518101
IRS990/TotalProgramServiceRevenueAmt0466131
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt0436451
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0615945
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt02753778
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt03101691
IRS990/TravelGrp/ManagementAndGeneralAmt02023
IRS990/TravelGrp/ProgramServicesAmt01150
IRS990/TravelGrp/TotalAmt03173
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/USAddress/AddressLine1Txt0P O BOX 148
IRS990/USAddress/CityNm0TERLINGUA
IRS990/USAddress/StateAbbreviationCd0TX
IRS990/USAddress/ZIPCd079852
IRS990/VotingMembersGoverningBodyCnt05
IRS990/VotingMembersIndependentCnt00
IRS990/WebsiteAddressTxt0N/A
IRS990/WhistleblowerPolicyInd0false
ReturnHeader/BuildTS02022-01-07 14:23:13Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0GREG HENINGTON
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0SECRETARY-TREASURER
ReturnHeader/BusinessOfficerGrp/SignatureDt02020-11-11
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0STUDY BUTTE WATER SUPPLY
ReturnHeader/Filer/BusinessName/BusinessNameLine2Txt0CORPORATION INC
ReturnHeader/Filer/BusinessNameControlTxt0STUD
ReturnHeader/Filer/EIN0752348406
ReturnHeader/Filer/PhoneNum04323712933
ReturnHeader/Filer/USAddress/AddressLine1Txt0P O BOX 148
ReturnHeader/Filer/USAddress/CityNm0TERLINGUA
ReturnHeader/Filer/USAddress/StateAbbreviationCd0TX
ReturnHeader/Filer/USAddress/ZIPCd079852
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0465184750
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0Daniela C Lara CPA PC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt01701 W Highway 90
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0Alpine
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0TX
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd079830
ReturnHeader/PreparerPersonGrp/PhoneNum04328375861
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0DANIELA C LARA CPA
ReturnHeader/ReturnTs02020-11-14T09:18:27-08:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02019-01-01
ReturnHeader/TaxPeriodEndDt02019-12-31
ReturnHeader/TaxYr02019

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2019 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$3,101,691
Liabilities
$583,590
Net assets
$2,518,101
Revenue
$615,945
Expenses
$558,256
Net income
$57,689
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.78$0.30$2.48$0.55$0.72$0.17
2023Detailed filing. Detailed filing data is available for this year.$2.88$0.34$2.54$0.81$0.66$0.15
2022Detailed filing. Detailed filing data is available for this year.$2.89$0.50$2.39$0.58$0.61$0.03
2021Detailed filing. Detailed filing data is available for this year.$2.93$0.51$2.42$0.56$0.60$0.04
2020Detailed filing. Detailed filing data is available for this year.$3.01$0.55$2.46$0.53$0.59$0.06
2019Detailed filing. Detailed filing data is available for this year.$3.10$0.58$2.52$0.62$0.56$0.06
2018Detailed filing. Detailed filing data is available for this year.$2.75$0.29$2.46$0.94$0.52$0.41
2017Detailed filing. Detailed filing data is available for this year.$2.53$0.48$2.05$1.08$0.57$0.51
2016Detailed filing. Detailed filing data is available for this year.$1.80$0.31$1.49$0.33$0.53$0.20
2015Detailed filing. Detailed filing data is available for this year.$2.04$0.35$1.69$0.17$0.51$0.34
2014Detailed filing. Detailed filing data is available for this year.$2.33$0.30$2.03$0.32$0.52$0.21
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.51$0.23$2.28$0.44
2012Summary only. Only limited summary data is available for this year.$2.51$0.24$2.27$0.73$0.40$0.33
2011Summary only. Only limited summary data is available for this year.$2.18$0.24$1.94$0.42$0.35$0.07