Civic Intelligence

Study Butte Water Supply Corporation Inc

990 • Fiscal year 2022 • EIN 75-2348406

Jan 01, 2022 to Dec 31, 2022 • Filed on Nov 10, 2023

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

0.17x

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

2022 filings • 501(c)12 • $1M-$5M nonprofits • Source year 2022

Liabilities / Revenue

51st percentile

0.88x

Higher debt load relative to revenue than 51% of similar nonprofits.

2022 filings • 501(c)12 • $1M-$5M nonprofits • Source year 2022

Net Margin

26th percentile

-5.7%

Higher net margin than 26% of similar nonprofits.

2022 filings • 501(c)12 • $1M-$5M nonprofits • Source year 2022

Top Officer Pay

66th percentile

$0

Higher top officer pay than 66% of similar nonprofits.

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

2022 filings • 501(c)12 • $1M-$5M nonprofits • Source year 2022

Asset Growth

34th percentile

-1.4%

Faster asset growth than 34% of similar nonprofits.

2022 filings • 501(c)12 • $1M-$5M nonprofits • Annualized from 2021 to 2022

Revenue Growth

45th percentile

3.6%

Faster revenue growth than 45% of similar nonprofits.

2022 filings • 501(c)12 • $1M-$5M nonprofits • Annualized from 2021 to 2022

Assets

Down

$2,891,787

Down $41,463 (-1.4%) from 2021

Net Assets

Down

$2,386,981

Down $32,984 (-1.4%) from 2021

Liabilities

Down

$504,806

Down $8,479 (-1.7%) from 2021

Revenue

Up

$576,385

Up $19,848 (+3.6%) from 2021

Expenses

Up

$609,369

Up $13,494 (+2.3%) from 2021

Net Income

Up

-$32,984

Up $6,354 (+16%) from 2021

Historical Trend

Balance Sheet Trend

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

2022

Assets$2,891,787
Liabilities$504,806
Net Assets$2,386,981

Operations Trend

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

2022

Revenue$576,385
Expenses$609,369
Net Income-$32,984
Jump To
Filing Snapshot
Filing Period
Jan 1, 2022 to Dec 31, 2022
Signed
Nov 10, 2023
Return Version
2022v5.0
Gross Receipts
$607,037
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$2,255,286$2,157,611▼ $97,675
Cash and Non-Interest-Bearing Accounts$537,956$563,486▲ $25,530
Savings and Temporary Cash Investments$95,746$102,565▲ $6,819
Accounts Receivable$3,062$13,445▲ $10,383
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$2,933,250$2,891,787▼ $41,463
Other Assets Total$41,200$54,680▲ $13,480
Liabilities
Other Liabilities$335,011$333,798▼ $1,213
Mortgage Notes Payable Secured by Investment Property$175,481$168,302▼ $7,179
Accounts Payable and Accrued Expenses$2,793$2,706▼ $87
Total Liabilities$513,285$504,806▼ $8,479
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$2,419,965$2,386,981▼ $32,984
Total Net Assets Fund Balance$2,419,965$2,386,981▼ $32,984
Total Liabilities and Net Assets / Fund Balance$2,933,250$2,891,787▼ $41,463

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$2,047,216$3,043,580$5,090,796
Other Land Buildings$40,350$91,189$131,539
Buildings$53,718$66,758$120,476
Leasehold Improvements$6,483$48,448$54,931
Land$9,844-$9,844
Compensation and Service Providers

Board Members and Trustees

NameTitle
John HolroydPresident
Lico MillerVice President
Leon SmithDirector
William GillesDirector
Alisa De La CruzOffice Manager
Jorge L GarciaOperator
Greg Henington - End 123122Secretary-Treas
Lanetta Barnes - Beg 1123Secretary-Treas
Revenue and Support

Revenue Composition

Contributions and Grants
$4,400
Program Service Revenue
$601,804
Investment Income
$-29,819
Other Revenue
$0
All Other Contributions
$4,400
Change in Net Assets
$-32,984
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$402,616
Salaries, Compensation, and Employee Benefits$206,753
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$153,913$34,591-$188,504
Depreciation Depletion$176,669$2,947-$179,616
Insurance$34,081$5,093-$39,174
Payroll Taxes$14,993$3,256-$18,249
All Other Expenses$14,012$3,615-$17,627
Interest-$7,749-$7,749
Office Expenses$912$6,686-$7,598
Other Expenses$6,789$6,559-$6,789
Fees for Services Other-$3,725-$3,725
Fees for Services Accounting-$1,395-$1,395
Travel-$615-$615
Total Functional Expenses$533,138$76,231$0$609,369
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$254,400
Refundable Memberships$73,225
Accrued Payroll Taxes$5,012
Unearned Revenue$629
Credit Card$531
Rounding$1
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
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, Section B, Line 11B

No review was or will be conducted.

Form 990, Part VI, Section C, Line 19

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
Lanetta Barnes - Beg 1123
Title
Secretary-treasurer
Signed
2023-11-10
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/PayrollTaxesGrp/ProgramServicesAmt014993
IRS990/PayrollTaxesGrp/TotalAmt018249
IRS990/PensionPlanContributionsGrp/TotalAmt00
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt00
IRS990/PoliticalCampaignActyInd0false
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt00
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgramServiceRevenueGrp/Desc0LATE FEES RECEIVED
IRS990/ProgramServiceRevenueGrp/Desc1OTHER
IRS990/ProgramServiceRevenueGrp/Desc2WATER SALES
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt04675
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt143715
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt2553414
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt04675
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt143715
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt2553414
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt03982
IRS990/PYInvestmentIncomeAmt0-11608
IRS990/PymtTravelEntrtnmntPubOfclGrp/TotalAmt00
IRS990/PYOtherExpensesAmt0396972
IRS990/PYProgramServiceRevenueAmt0564163
IRS990/PYRevenuesLessExpensesAmt0-39338
IRS990/PYSalariesCompEmpBnftPaidAmt0198903
IRS990/PYTotalExpensesAmt0595875
IRS990/PYTotalRevenueAmt0556537
IRS990/RcvblFromDisqualifiedPrsnGrp/EOYAmt00
IRS990/ReceivablesFromOfficersEtcGrp/EOYAmt00
IRS990/ReconcilationRevenueExpnssAmt0-32984
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0true
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RoyaltiesGrp/TotalAmt00
IRS990/RoyaltiesRevenueGrp/TotalRevenueColumnAmt00
IRS990/SavingsAndTempCashInvstGrp/BOYAmt095746
IRS990/SavingsAndTempCashInvstGrp/EOYAmt0102565
IRS990/ScheduleBRequiredInd0false
IRS990ScheduleD/BuildingsGrp/BookValueAmt053718
IRS990ScheduleD/BuildingsGrp/DepreciationAmt066758
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt0120476
IRS990ScheduleD/EquipmentGrp/BookValueAmt02047216
IRS990ScheduleD/EquipmentGrp/DepreciationAmt03043580
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt05090796
IRS990ScheduleD/LandGrp/BookValueAmt09844
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt09844
IRS990ScheduleD/LeaseholdImprovementsGrp/BookValueAmt06483
IRS990ScheduleD/LeaseholdImprovementsGrp/DepreciationAmt048448
IRS990ScheduleD/LeaseholdImprovementsGrp/OtherCostOrOtherBasisAmt054931
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt040350
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt091189
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt0131539
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt05012
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt1531
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt2254400
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt373225
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt41
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt5629
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0ACCRUED PAYROLL TAXES
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc1CREDIT CARD
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc2DEFERRED REVENUE - TWDB
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc3REFUNDABLE MEMBERSHIPS
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc4Rounding
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc5UNEARNED REVENUE
IRS990ScheduleD/TotalBookValueLandBuildingsAmt02157611
IRS990ScheduleD/TotalLiabilityAmt0333798
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, Section B, Line 11b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990, Part VI, Section C, Line 19
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/SubjectToExcsTaxNetInvstIncInd0false
IRS990/SubjectToProxyTaxInd0false
IRS990/SubjToTaxRmnrtnExPrchtPymtInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt02933250
IRS990/TotalAssetsEOYAmt02891787
IRS990/TotalAssetsGrp/BOYAmt02933250
IRS990/TotalAssetsGrp/EOYAmt02891787
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalContributionsAmt04400
IRS990/TotalEmployeeCnt08
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt076231
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0533138
IRS990/TotalFunctionalExpensesGrp/TotalAmt0609369
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt0513285
IRS990/TotalLiabilitiesEOYAmt0504806
IRS990/TotalLiabilitiesGrp/BOYAmt0513285
IRS990/TotalLiabilitiesGrp/EOYAmt0504806
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt02419965
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt02386981
IRS990/TotalProgramServiceRevenueAmt0601804
IRS990/TotalRevenueGrp/ExclusionAmt0833
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt0571152
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0576385
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt02933250
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt02891787
IRS990/TravelGrp/ManagementAndGeneralAmt0615
IRS990/TravelGrp/TotalAmt0615
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/AdditionalFilerInformation/TrustedCustomerGrp/AuthenticationAssuranceLevelCd0AAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/FederatedAssuranceLevelCd0FAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/IdentityAssuranceLevelCd0IAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/TrustedCustomerCd02
ReturnHeader/BuildTS02023-04-26 12:10:37Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0LANETTA BARNES - BEG 1123
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0SECRETARY-TREASURER
ReturnHeader/BusinessOfficerGrp/SignatureDt02023-11-10
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/IRSResponsiblePrtyInfoCurrInd0true
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/ReturnTs02023-11-14T16:40:44-08:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0LANETTA BARNES - BEG
ReturnHeader/TaxPeriodBeginDt02022-01-01
ReturnHeader/TaxPeriodEndDt02022-12-31
ReturnHeader/TaxYr02022

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

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