Amon Carter Lake Water Supply

990EZ • Fiscal year 2015 • EIN 75-2565122

Jan 01, 2015 to Dec 31, 2015 • Filed on Oct 19, 2016

Organization Profile N/A

PO Box 512Bowie, TX 76230

(940) 872-5505

Siviq Scores

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

0.93x

Higher debt load relative to assets than 95% of similar nonprofits.

2015 filings • 501(c)12 • <$500k nonprofits • Source year 2015

2.51x

Higher debt load relative to revenue than 95% of similar nonprofits.

2015 filings • 501(c)12 • <$500k nonprofits • Source year 2015

10%

Higher net margin than 57% of similar nonprofits.

2015 filings • 501(c)12 • <$500k nonprofits • Source year 2015

Higher top officer pay than 73% of similar nonprofits.

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

2015 filings • 501(c)12 • <$500k nonprofits • Source year 2015

1.5%

Faster asset growth than 49% of similar nonprofits.

2015 filings • 501(c)12 • <$500k nonprofits • Annualized from 2014 to 2015

8.6%

Faster revenue growth than 72% of similar nonprofits.

2015 filings • 501(c)12 • <$500k nonprofits • Annualized from 2014 to 2015

Balance Sheet

Liabilities / Assets95th percentile

Assets

$342,272

Up $5,040 (+1.5%) from 2014

Net Assets

$22,970

Up $13,172 (+134%) from 2014

Liabilities

Down

$319,302

Down $8,132 (-2.5%) from 2014

Revenue And Expenses

Liabilities / Revenue95th percentile Net Margin57th percentile

Revenue

$127,157

Up $10,033 (+8.6%) from 2014

Expenses

Down

$113,985

Down $1,906 (-1.6%) from 2014

Net Income

$13,172

Up $11,939 (+968%) from 2014

Historical Trend

Balance Sheet Trend

Asset Growth49th percentile

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

Highlighted filing

2015

Assets$342,272

Liabilities$319,302

Net Assets$22,970

Open 2015 Filing

Operations Trend

Revenue Growth72nd percentile

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

Highlighted filing

2015

Revenue$127,157

Expenses$113,985

Net Income$13,172

Open 2015 Filing

Jump To

Filing Snapshot

Filing Period: Jan 1, 2015 to Dec 31, 2015
Signed: Oct 19, 2016
Return Version: 2015v2.1
Gross Receipts: $127,157

Mission and Program Overview

Mission

Provide water supply for general farm use and domestic purposes

Program Services

Description	Grants	Expenses
PROVIDE WATER SUPPLY TO RESIDENTS OF THE AMON CARTER LAKE AREA - CURRENTLY SERVES 267 CUSTOMERS	-	$108,763

Compensation and Service Providers

Top Officer Pay73rd percentile

Employees

Name	Title	Full / Part Time	Base	Other	Total
TED PRICE	President	-	$0	-	-
ALTON APPLEWHITE	VP	-	$0	-	-
CLYDE CAMPBELL	Treasurer	-	$0	-	-

Filing and Contact Details

Filer

Filer Name: Amon Carter Lake Water Supply
EIN: 75-2565122
Phone: 9408725505
Address: PO BOX 512, BOWIE, TX 76230

Signing Officer

Name: Ted Price
Title: President
Phone: 9408725505
Signed: 2016-10-19

Preparer

Firm: Stephen G Gilland Pc
Address: 707 HWY 59 N, BOWIE, TX 76230-4244
Preparer: Karen J Lee CPA
Phone: 9408725157

Supplemental Narrative

Additional Explanations

Form 990-ez, Part I, Line 16

“Expenses interest 15,785 insurance 2,696 bad debts 56 bank service charges 270 computer expense 2,272 contract services 31,262 licenses 2,305 miscellaneous 100 repair and maintenance 10,755 supplies 828 water purchased 28,775 non-investment depreciation 12,336 total 107,440”

Form 990-ez, Part II, Line 24

“Accounts receivable 22,197 21,200 less allowance 19,664 19,042 net 2,533 2,158 inventories for sale or use 1,560 1,560 equipment & other depreciable assets 488,188 488,188 less accumulated depreciation 186,340 198,676 organizational costs 2,102 2,102 less accumulated amortization 2,102 2,102 restricted assets: cash 0 0 deposits 0 0 total 305,941 293,230”

Form 990-ez, Part II, Line 26

“Loans payable - current portion 7,745 7,745 loans payable - long term 319,689 311,557”

Form 990-ez, Part III

“Provide water supply for general farm use and domestic purposes”

Raw XML Appendix101 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/BooksInCareOfDetail/PersonNm	0	KATHY ADAM
IRS990EZ/BooksInCareOfDetail/PhoneNum	0	9408725505
IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt	0	111 W WISE
IRS990EZ/BooksInCareOfDetail/USAddress/CityNm	0	BOWIE
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd	0	TX
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd	0	76230
IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt	0	31291
IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt	0	49042
IRS990EZ/ChgMadeToOrgnzngDocNotRptInd	0	false
IRS990EZ/DonorAdvisedFndsInd	0	false
IRS990EZ/ExcessOrDeficitForYearAmt	0	13172
IRS990EZ/ForeignFinancialAccountInd	0	false
IRS990EZ/ForeignOfficeInd	0	false
IRS990EZ/Form1120PolFiledInd	0	false
IRS990EZ/Form990TotalAssetsGrp/BOYAmt	0	337232
IRS990EZ/Form990TotalAssetsGrp/EOYAmt	0	342272
IRS990EZ/GrossReceiptsAmt	0	127157
IRS990EZ/InfoInScheduleOPartIIIInd	0	X
IRS990EZ/InfoInScheduleOPartIIInd	0	X
IRS990EZ/InfoInScheduleOPartIInd	0	X
IRS990EZ/InvestmentIncomeAmt	0	71
IRS990EZ/MadeLoansToFromOfficersInd	0	false
IRS990EZ/MethodOfAccountingAccrualInd	0	X
IRS990EZ/NetAssetsOrFundBalancesBOYAmt	0	9798
IRS990EZ/NetAssetsOrFundBalancesEOYAmt	0	22970
IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt	0	9798
IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt	0	22970
IRS990EZ/OccupancyRentUtltsAndMaintAmt	0	5222
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt	0	1.50
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt	1	0.50
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt	2	0.50
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt	0	0
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt	1	0
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt	2	0
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm	0	TED PRICE
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm	1	ALTON APPLEWHITE
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm	2	CLYDE CAMPBELL
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt	0	PRESIDENT
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt	1	VP
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt	2	TREASURER
IRS990EZ/OperateHospitalInd	0	false
IRS990EZ/Organization501cInd	0	X
IRS990EZ/OrganizationDissolvedEtcInd	0	false
IRS990EZ/OrganizationHadUBIInd	0	false
IRS990EZ/OtherAssetsTotalDetail/BOYAmt	0	305941
IRS990EZ/OtherAssetsTotalDetail/EOYAmt	0	293230
IRS990EZ/OtherExpensesTotalAmt	0	107440
IRS990EZ/PoliticalCampaignActyInd	0	false
IRS990EZ/PrimaryExemptPurposeTxt	0	PROVIDE WATER SUPPLY FOR GENERAL FARM USE AND DOMESTIC PURPOSES
IRS990EZ/PrintingPublicationsPostageAmt	0	1323
IRS990EZ/ProgramServiceRevenueAmt	0	127086
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt	0	PROVIDE WATER SUPPLY TO RESIDENTS OF THE AMON CARTER LAKE AREA - CURRENTLY SERVES 267 CUSTOMERS
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt	0	108763
IRS990EZ/ProhibitedTaxShelterTransInd	0	false
IRS990EZ/RelatedOrganizationCtrlEntInd	0	false
IRS990EZ/ScheduleBNotRequiredInd	0	X
IRS990EZ/SubjectToProxyTaxInd	0	false
IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt	0	327434
IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt	0	319302
IRS990EZ/TanningServicesProvidedInd	0	false
IRS990EZ/TotalExpensesAmt	0	113985
IRS990EZ/TotalProgramServiceExpensesAmt	0	108763
IRS990EZ/TotalRevenueAmt	0	127157
IRS990EZ/TransactionWithControlEntInd	0	false
IRS990EZ/TypeOfOrganizationCorpInd	0	X
IRS990EZ/WebsiteAddressTxt	0	N/A
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt	0	EXPENSES INTEREST 15,785 INSURANCE 2,696 BAD DEBTS 56 BANK SERVICE CHARGES 270 COMPUTER EXPENSE 2,272 CONTRACT SERVICES 31,262 LICENSES 2,305 MISCELLANEOUS 100 REPAIR AND MAINTENANCE 10,755 SUPPLIES 828 WATER PURCHASED 28,775 NON-INVESTMENT DEPRECIATION 12,336 TOTAL 107,440
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt	1	ACCOUNTS RECEIVABLE 22,197 21,200 LESS ALLOWANCE 19,664 19,042 NET 2,533 2,158 INVENTORIES FOR SALE OR USE 1,560 1,560 EQUIPMENT & OTHER DEPRECIABLE ASSETS 488,188 488,188 LESS ACCUMULATED DEPRECIATION 186,340 198,676 ORGANIZATIONAL COSTS 2,102 2,102 LESS ACCUMULATED AMORTIZATION 2,102 2,102 RESTRICTED ASSETS: CASH 0 0 DEPOSITS 0 0 TOTAL 305,941 293,230
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt	2	LOANS PAYABLE - CURRENT PORTION 7,745 7,745 LOANS PAYABLE - LONG TERM 319,689 311,557
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt	3	PROVIDE WATER SUPPLY FOR GENERAL FARM USE AND DOMESTIC PURPOSES
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc	0	FORM 990-EZ, PART I, LINE 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc	1	FORM 990-EZ, PART II, LINE 24
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc	2	FORM 990-EZ, PART II, LINE 26
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc	3	FORM 990-EZ, PART III
ReturnHeader/BuildTS	0	2017-02-10 21:41:12Z
ReturnHeader/BusinessOfficerGrp/PersonNm	0	TED PRICE
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt	0	PRESIDENT
ReturnHeader/BusinessOfficerGrp/PhoneNum	0	9408725505
ReturnHeader/BusinessOfficerGrp/SignatureDt	0	2016-10-19
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt	0	AMON CARTER LAKE WATER SUPPLY
ReturnHeader/Filer/BusinessNameControlTxt	0	AMON
ReturnHeader/Filer/EIN	0	752565122
ReturnHeader/Filer/PhoneNum	0	9408725505
ReturnHeader/Filer/USAddress/AddressLine1Txt	0	PO BOX 512
ReturnHeader/Filer/USAddress/CityNm	0	BOWIE
ReturnHeader/Filer/USAddress/StateAbbreviationCd	0	TX
ReturnHeader/Filer/USAddress/ZIPCd	0	76230
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt	0	STEPHEN G GILLAND PC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt	0	707 HWY 59 N
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm	0	BOWIE
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd	0	TX
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd	0	762304244
ReturnHeader/PreparerPersonGrp/PhoneNum	0	9408725157
ReturnHeader/PreparerPersonGrp/PreparationDt	0	2016-10-19
ReturnHeader/PreparerPersonGrp/PreparerPersonNm	0	KAREN J LEE CPA
ReturnHeader/ReturnTs	0	2016-10-26T10:17:14-05:00
ReturnHeader/ReturnTypeCd	0	990EZ
ReturnHeader/TaxPeriodBeginDt	0	2015-01-01
ReturnHeader/TaxPeriodEndDt	0	2015-12-31
ReturnHeader/TaxYr	0	2015

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2015 • Form 990EZDetailed filing. Detailed filing data is available for this year.

Open filing

Assets: $342,272
Liabilities: $319,302
Net assets: $22,970
Revenue: $127,157
Expenses: $113,985
Net income: $13,172

	Balance Sheet			Operations
Year	Assets	Liabilities	Net Assets	Revenue	Expenses	Net Income
2024XML pending. An XML filing is linked for this year, but detailed extraction is still pending.	$2.55	$2.72	$0.16	$2.69	$2.68	$0.01
2023Summary only. Only limited summary data is available for this year.	$2.62	$2.79	$0.18	$2.34	$2.22	$0.12
2022Facts available. Structured filing facts are available, but richer extracted sections are limited.	$2.69	$2.98	$0.29	$2.10	$2.12	$0.02
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.	$2.76	$3.03	$0.27	$1.78	$1.95	$0.17
2020Summary only. Only limited summary data is available for this year.	$3.00	$3.10		$1.83	$1.81	$0.02
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.	$2.79	$2.87	$0.08	$1.36	$1.46	$0.09
2018Summary only. Only limited summary data is available for this year.	$2.99	$2.97		$1.28	$1.42	$0.14
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.	$3.17	$3.02	$0.16	$1.23	$1.27	$0.05
2016XML pending. An XML filing is linked for this year, but detailed extraction is still pending.	$3.45	$3.11	$0.34	$1.32	$1.20	$0.11
2015Detailed filing. Detailed filing data is available for this year.	$3.42	$3.19	$0.23	$1.27	$1.14	$0.13
2014Detailed filing. Detailed filing data is available for this year.	$3.37	$3.27	$0.10	$1.17	$1.16	$0.01
2013Detailed filing. Detailed filing data is available for this year.	$3.44	$3.35	$0.09	$1.11	$1.20	$0.09
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.	$3.60	$3.43	$0.18	$1.14	$1.08	$0.06
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.	$3.62	$3.51	$0.12	$1.18	$1.24	$0.06
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.	$3.75	$3.57	$0.18	$1.04	$1.05	$0.00