Civic Intelligence

Lgrvr Water Supply Corporation

EIN 82-4387156 • 501(c)12 • Granbury, TX

Profile

The lgrvr water supply corporation is responsible for protecting the drinking water supply from contamination or pollution which could result from improper plumbing practices. The board administers these restrictions to ensure the public health and welfare of all residents.

5711 Coffee Pot LaneGranbury, TX 76049

lgrvrwsc.com

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

70th percentile

0.11x

Higher debt load relative to assets than 70% of similar nonprofits.

501(c)12 • <$500k nonprofits • Source year 2024

Liabilities / Revenue

72nd percentile

0.18x

Higher debt load relative to revenue than 72% of similar nonprofits.

501(c)12 • <$500k nonprofits • Source year 2024

Net Margin

69th percentile

18%

Higher net margin than 69% of similar nonprofits.

501(c)12 • <$500k nonprofits • Source year 2024

Top Officer Pay

79th percentile

$0

Higher top officer pay than 79% of similar nonprofits.

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

501(c)12 • <$500k nonprofits • Source year 2024

Asset Growth

38th percentile

-4.1%

Faster asset growth than 38% of similar nonprofits.

501(c)12 • <$500k nonprofits • Annualized from 2023 to 2024

Revenue Growth

55th percentile

3.9%

Faster revenue growth than 55% of similar nonprofits.

501(c)12 • <$500k nonprofits • Annualized from 2023 to 2024

Assets

Down

$166,382

Down $7,189 (-4.1%) from 2023

Liabilities

Down

$18,635

Down $25,477 (-58%) from 2023

Net Assets

Up

$147,747

Up $18,288 (+14%) from 2023

Revenue

Up

$101,541

Up $3,848 (+3.9%) from 2023

Expenses

Down

$83,253

Down $4,793 (-5.4%) from 2023

Net Income

Up

$18,288

Up $8,641 (+90%) from 2023

Trend Graphs

Balance Sheet Trend

Grouped bars show assets, liabilities, and net assets across loaded filings.

$300K$200K$100K$0Assets 2018: $213,745Liabilities 2018: $152,335Net Assets 2018: $61,4102018Assets 2019: $218,817Liabilities 2019: $134,021Net Assets 2019: $84,7962019Assets 2020: $217,310Liabilities 2020: $113,885Net Assets 2020: $103,4252020Assets 2021: $203,174Liabilities 2021: $91,472Net Assets 2021: $111,7022021Assets 2022: $187,530Liabilities 2022: $67,718Net Assets 2022: $119,8122022Assets 2023: $173,571Liabilities 2023: $44,112Net Assets 2023: $129,4592023Assets 2024: $166,382Liabilities 2024: $18,635Net Assets 2024: $147,7472024

Highlighted filing

2024

Assets$166,382
Liabilities$18,635
Net Assets$147,747

Operations Trend

Revenue, expenses, and net income by year, with the latest filing highlighted.

$150K$100K$50K$0Revenue 2018: $69,916Expenses 2018: $8,506Net Income 2018: $61,4102018Revenue 2019: $93,290Expenses 2019: $69,904Net Income 2019: $23,3862019Revenue 2020: $94,243Expenses 2020: $75,614Net Income 2020: $18,6292020Revenue 2021: $103,666Expenses 2021: $95,389Net Income 2021: $8,2772021Revenue 2022: $91,332Expenses 2022: $83,222Net Income 2022: $8,1102022Revenue 2023: $97,693Expenses 2023: $88,046Net Income 2023: $9,6472023Revenue 2024: $101,541Expenses 2024: $83,253Net Income 2024: $18,2882024

Highlighted filing

2024

Revenue$101,541
Expenses$83,253
Net Income$18,288

Filings

Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
May 28, 2025
Return Version
2024v5.0
Gross Receipts
$101,541
Mission and Program Overview

Mission

The lgrvr water supply corporation is responsible for protecting the drinking water supply from contamination or pollution which could result from improper plumbing practices. The board administers these restrictions to ensure the public health and welfare of all residents.

Program Services

DescriptionGrantsExpenses
THE LGRVR WATER SUPPLY CORPORATION IS RESPONSIBLE FOR PROTECTING THE DRINKING WATER SUPPLY FROM CONTAMINATION OR POLLUTION WHICH COULD RESULT FROM IMPROPER PLUMBING PRACTICES. THE BOARD ADMINISTERS THESE RESTRICTIONS TO ENSURE THE PUBLIC HEALTH AND WELFARE OF ALL RESIDENTS.--
THE LGRVR WATER SUPPLY CORPORATION IS RESPONSIBLE FOR PROTECTING THE DRINKING WATER SUPPLY FROM CONTAMINATION OR POLLUTION WHICH COULD RESULT FROM IMPROPER PLUMBING PRACTICES. THE BOARD ADMINISTERS THESE RESTRICTIONS TO ENSURE THE PUBLIC HEALTH AND WELFARE OF ALL RESIDENTS.--
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
EDDIE MYERSPresident (IPT$0--
GREG PETREYSecretary/TrPT$0--
BOB MARSHALLBoard MemberPT$0--
JOHN REPPBoard MemberPT$0--
DON MCCLUREBoard MemberPT$0--
KEITH CALLAHANBoard MemberPT$0--
Filing and Contact Details

Filer

Filer Name
Lgrvr Water Supply Corporation
EIN
82-4387156
Phone
8178978099
Address
5711 COFFEE POT LANE, GRANBURY, TX 76049

Signing Officer

Name
Greg Petrey
Title
Secretary/treasurer
Phone
8178978099
Signed
2025-05-28

Preparer

Firm
Bowden & Tanner LLC
Address
1202 SOUTH MORGAN ST, GRANBURY, TX 76048
Preparer
Justin Bowden CPA
Phone
8172791711
Supplemental Narrative

Additional Explanations

Form 990-ez, Part I, Line 16

Expenses office supplies 255 misc. Administrative 673 phone/computer expense 322 software dues & subscriptions 918 interest expense 3,395 insurance 6,035 water operating expenses 13,291 sewer operating expenses 42,938 non-investment depreciation 7,805 total 75,632

Form 990-ez, Part II, Line 24

164,271 164,271 less accumulated depreciation 99,509 107,314 4,418 4,418 less accumulated amortization 1,497 1,792 cash receipts in transit 3,635 7,355 total 71,318 66,938

Form 990-ez, Part II, Line 26

Purchase & improvements loan 44,112 18,635

Form 990-ez, Part III

The lgrvr water supply corporation is responsible for protecting the drinking water supply from contamination or pollution which could result from improper plumbing practices. The board administers these restrictions to ensure the public health and welfare of all residents.

Form 990-ez, Part III, Line 28

The lgrvr water supply corporation is responsible for protecting the drinking water supply from contamination or pollution which could result from improper plumbing practices. The board administers these restrictions to ensure the public health and welfare of all residents.

Form 990-ez, Part III, Line 31

The lgrvr water supply corporation is responsible for protecting the drinking water supply from contamination or pollution which could result from improper plumbing practices. The board administers these restrictions to ensure the public health and welfare of all residents.

Raw XML Appendix121 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.

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IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt1THE LGRVR WATER SUPPLY CORPORATION IS RESPONSIBLE FOR PROTECTING THE DRINKING WATER SUPPLY FROM CONTAMINATION OR POLLUTION WHICH COULD RESULT FROM IMPROPER PLUMBING PRACTICES. THE BOARD ADMINISTERS THESE RESTRICTIONS TO ENSURE THE PUBLIC HEALTH AND WELFARE OF ALL RESIDENTS.
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0EXPENSES OFFICE SUPPLIES 255 MISC. ADMINISTRATIVE 673 PHONE/COMPUTER EXPENSE 322 SOFTWARE DUES & SUBSCRIPTIONS 918 INTEREST EXPENSE 3,395 INSURANCE 6,035 WATER OPERATING EXPENSES 13,291 SEWER OPERATING EXPENSES 42,938 NON-INVESTMENT DEPRECIATION 7,805 TOTAL 75,632
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1164,271 164,271 LESS ACCUMULATED DEPRECIATION 99,509 107,314 4,418 4,418 LESS ACCUMULATED AMORTIZATION 1,497 1,792 CASH RECEIPTS IN TRANSIT 3,635 7,355 TOTAL 71,318 66,938
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2PURCHASE & IMPROVEMENTS LOAN 44,112 18,635
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THE LGRVR WATER SUPPLY CORPORATION IS RESPONSIBLE FOR PROTECTING THE DRINKING WATER SUPPLY FROM CONTAMINATION OR POLLUTION WHICH COULD RESULT FROM IMPROPER PLUMBING PRACTICES. THE BOARD ADMINISTERS THESE RESTRICTIONS TO ENSURE THE PUBLIC HEALTH AND WELFARE OF ALL RESIDENTS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4THE LGRVR WATER SUPPLY CORPORATION IS RESPONSIBLE FOR PROTECTING THE DRINKING WATER SUPPLY FROM CONTAMINATION OR POLLUTION WHICH COULD RESULT FROM IMPROPER PLUMBING PRACTICES. THE BOARD ADMINISTERS THESE RESTRICTIONS TO ENSURE THE PUBLIC HEALTH AND WELFARE OF ALL RESIDENTS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5THE LGRVR WATER SUPPLY CORPORATION IS RESPONSIBLE FOR PROTECTING THE DRINKING WATER SUPPLY FROM CONTAMINATION OR POLLUTION WHICH COULD RESULT FROM IMPROPER PLUMBING PRACTICES. THE BOARD ADMINISTERS THESE RESTRICTIONS TO ENSURE THE PUBLIC HEALTH AND WELFARE OF ALL RESIDENTS.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990-EZ, PART I, LINE 16
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ReturnHeader/BuildTS02025-03-06 01:10:19Z
ReturnHeader/BusinessOfficerGrp/PersonNm0GREG PETREY
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0SECRETARY/TREASURER
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ReturnHeader/PreparerPersonGrp/PreparationDt02025-05-28
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0JUSTIN BOWDEN CPA
ReturnHeader/ReturnTs02025-05-30T17:19:26-04:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02024-01-01
ReturnHeader/TaxPeriodEndDt02024-12-31
ReturnHeader/TaxYr02024

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