Civic Intelligence

Aristocrat Ranchette Water Project Inc

990 • Fiscal year 2015 • EIN 84-0690646

Jun 01, 2014 to May 31, 2015 • Filed on Jan 13, 2016

PO Box 247Fort Lupton, CO 80621

(303) 857-4210

Siviq Scores

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

Liabilities / Assets

55th percentile

0.32x

Higher debt load relative to assets than 55% of similar nonprofits.

2015 filings • 501(c)12 • $1M-$5M nonprofits • Source year 2015

Liabilities / Revenue

84th percentile

3.58x

Higher debt load relative to revenue than 84% of similar nonprofits.

2015 filings • 501(c)12 • $1M-$5M nonprofits • Source year 2015

Net Margin

64th percentile

9.9%

Higher net margin than 64% of similar nonprofits.

2015 filings • 501(c)12 • $1M-$5M nonprofits • Source year 2015

Top Officer Pay

85th percentile

$33,495

Higher top officer pay than 85% of similar nonprofits.

Top officer pay equals 9.0% of source-year revenue.

2015 filings • 501(c)12 • $1M-$5M nonprofits • Source year 2015

Asset Growth

52nd percentile

-0.1%

Faster asset growth than 52% of similar nonprofits.

2015 filings • 501(c)12 • $1M-$5M nonprofits • Annualized from 2014 to 2015

Revenue Growth

8th percentile

-16%

Faster revenue growth than 8% of similar nonprofits.

2015 filings • 501(c)12 • $1M-$5M nonprofits • Annualized from 2014 to 2015

Assets

Down

$4,159,543

Down $3,658 (-0.1%) from 2014

Net Assets

Up

$2,825,559

Up $37,108 (+1.3%) from 2014

Liabilities

Down

$1,333,984

Down $40,766 (-3.0%) from 2014

Revenue

Down

$372,991

Down $72,004 (-16%) from 2014

Expenses

Up

$335,883

Up $2,953 (+0.9%) from 2014

Net Income

Down

$37,108

Down $74,957 (-67%) from 2014

Historical Trend

Balance Sheet Trend

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

$10M$5.0M$0Assets 2011: $4,004,881Liabilities 2011: $1,525,956Net Assets 2011: $2,478,9252011Assets 2012: $4,037,878Liabilities 2012: $1,468,028Net Assets 2012: $2,569,8502012Assets 2013: $4,115,015Liabilities 2013: $1,438,629Net Assets 2013: $2,676,3862013Assets 2014: $4,163,201Liabilities 2014: $1,374,750Net Assets 2014: $2,788,4512014Assets 2015: $4,159,543Liabilities 2015: $1,333,984Net Assets 2015: $2,825,5592015Assets 2016: $4,237,017Liabilities 2016: $1,273,367Net Assets 2016: $2,963,6502016Assets 2017: $4,195,570Liabilities 2017: $1,224,814Net Assets 2017: $2,970,7562017Assets 2018: $4,301,919Liabilities 2018: $1,171,529Net Assets 2018: $3,130,3902018Assets 2019: $4,353,025Liabilities 2019: $1,108,615Net Assets 2019: $3,244,4102019Assets 2020: $4,507,223Liabilities 2020: $1,003,392Net Assets 2020: $3,503,8312020Assets 2021: $4,450,633Liabilities 2021: $676,338Net Assets 2021: $3,774,2952021Assets 2022: $4,938,513Liabilities 2022: $992,802Net Assets 2022: $3,945,7112022Assets 2023: $5,154,344Liabilities 2023: $1,171,065Net Assets 2023: $3,983,2792023Assets 2024: $9,279,196Liabilities 2024: $5,257,387Net Assets 2024: $4,021,8092024

Highlighted filing

2015

Assets$4,159,543
Liabilities$1,333,984
Net Assets$2,825,559

Operations Trend

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

$1.0M$500K$0Revenue 2011: $454,289Expenses 2011: $314,428Net Income 2011: $139,8612011Expenses 2012: $366,3502012Expenses 2013: $351,0352013Revenue 2014: $444,995Expenses 2014: $332,930Net Income 2014: $112,0652014Revenue 2015: $372,991Expenses 2015: $335,883Net Income 2015: $37,1082015Revenue 2016: $477,488Expenses 2016: $339,397Net Income 2016: $138,0912016Revenue 2017: $421,882Expenses 2017: $414,776Net Income 2017: $7,1062017Revenue 2018: $510,620Expenses 2018: $350,986Net Income 2018: $159,6342018Revenue 2019: $539,098Expenses 2019: $454,513Net Income 2019: $84,5852019Revenue 2020: $446,620Expenses 2020: $276,899Net Income 2020: $169,7212020Revenue 2021: $809,621Expenses 2021: $539,157Net Income 2021: $270,4642021Revenue 2022: $765,486Expenses 2022: $594,070Net Income 2022: $171,4162022Revenue 2023: $648,131Expenses 2023: $610,563Net Income 2023: $37,5682023Revenue 2024: $688,804Expenses 2024: $650,274Net Income 2024: $38,5302024

Highlighted filing

2015

Revenue$372,991
Expenses$335,883
Net Income$37,108
Jump To
Filing Snapshot
Filing Period
Jun 1, 2014 to May 31, 2015
Signed
Jan 13, 2016
Return Version
2014v6.0
Gross Receipts
$401,321
Mission and Program Overview

Mission

Provide potable water to association's members.

Provide potable water to association's members

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$2,199,057$2,257,519▲ $58,462
Cash and Non-Interest-Bearing Accounts$226,669$232,649▲ $5,980
Savings and Temporary Cash Investments$128,665$129,227▲ $562
Accounts Receivable$44,552$58,505▲ $13,953
Prepaid Expenses and Deferred Charges$6,761$6,761→ $0
Total Assets$4,163,201$4,159,543▼ $3,658
Other Assets Total$1,557,497$1,474,882▼ $82,615
Liabilities
Mortgage Notes Payable Secured by Investment Property$1,327,142$1,279,935▼ $47,207
Other Liabilities$39,764$32,575▼ $7,189
Accounts Payable and Accrued Expenses$7,844$21,474▲ $13,630
Total Liabilities$1,374,750$1,333,984▼ $40,766
Net Assets / Fund Balance
Unrestricted Net Assets$2,591,341$2,711,064▲ $119,723
Temporarily Rstr Net Assets$197,110$114,495▼ $82,615
Total Net Assets Fund Balance$2,788,451$2,825,559▲ $37,108
Total Liabilities and Net Assets / Fund Balance$4,163,201$4,159,543▼ $3,658

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$1,186,101$931,051$2,117,152
Other Land Buildings$1,013,000-$1,013,000
Buildings$50,052$28,880$78,932
Land$8,366-$8,366
Other Assets Org$48,774--
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Larry RenoSecretary/treasurerFT$33,495$33,495

Board Members and Trustees

NameTitle
Dale NasalroadPresident
Val DavenportVice President
Anita OwensDirector
Ben HansfordDirector
Brian FilkowskiDirector
Hurshell MaloneDirector
Michelle BustamanteDirector
Mike NashDirector
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$399,106
Investment Income
$-26,115
Other Revenue
$0
Change in Net Assets
$37,108

Audited Revenue Reconciliation

Revenue per Audited Statements
$372,991
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$0
Total Revenue per Audited Statements
$372,991
Total Revenue per Form 990
$372,991
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$270,330
Salaries, Compensation, and Employee Benefits$65,553
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Interest---$65,610
Depreciation Depletion---$51,359
Current Officers, Directors, Trustees, and Key Employees---$33,495
Other Salaries and Wages---$25,040
Other Expenses---$10,754
Insurance---$8,130
Payroll Taxes---$7,018
Fees for Services Accounting---$4,461
Fees for Services Legal---$3,682
Total Functional Expenses$0$0$0$335,883

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$335,883
Total Expenses per Audited Statements$335,883
Total Expenses per Form 990$335,883
Expenses Not Reported on Financial Statements$0
Expenses Not Reported on Form 990$0
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
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Customer Deposits$22,050
Accrued Interest Payable$10,525
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
Yes
Audit committee
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 A, Line 1

Larry reno is the board secretary/treasurer but is not a voting member of the board.

Form 990, Part VI, Section A, Line 6

The organization has members which are entitled to one service connection, and voting rights.

Form 990, Part VI, Section A, Line 7A

The board of directors is elected annually by the members.

Form 990, Part VI, Section B, Line 11

The return is reviewed by the entire board before it is filed with the irs.

Form 990, Part VI, Section C, Line 19

The organization makes its governing documents and financial statements available to the public upon request.

Filing and Contact Details

Filer

Filer Name
Aristocrat Ranchette Water Project Inc
EIN
84-0690646
Phone
3038574210
Address
PO BOX 247, FORT LUPTON, CO 80621

Signing Officer

Name
Larry Reno
Title
Secretary
Phone
3038574210
Signed
2016-01-13
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Larry Reno
Formed
1972
Legal Domicile
Co
Voting Board Members
8
Independent Board Members
8
Employees
6
Volunteers
0

Preparer

Firm
Anton Collins Mitchell Llp
Address
2015 CLUBHOUSE DRIVE SUITE 203, GREELEY, CO 80634
Preparer
Ryan M Sanger CPA
Phone
9703521700
Supplemental Narrative

Financial Statement Notes

PART X, LINE 2:

The project evaluates uncertainties related to its tax positions annually. Accordingly, the tax benefit from an uncertain tax position is recognized only if it is more likely than not that the tax position will be sustained upon examination by taxing authorities. The amount that is ultimately sustained for uncertain tax positions could differ from the amount recognized. The project believes that it has appropriate support for any tax positions taken, and as such, does not have any uncertain tax positions that are material to the financial statements as of may 31, 2015 and 2014. Management makes judgments regarding the interpretation of tax laws that might be challenged upon an audit and cause changes to previous estimates of tax liability. In addition, the project operates within multiple taxing jurisdictions and is subject to audit in these jurisdictions as well as by the internal revenue service. In management's opinion, adequate provisions for income taxes have been made for fiscal years 2012 through 2015 (all open years).

Raw XML Appendix363 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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IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt11326000
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt265721
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt348774
IRS990ScheduleD/OtherAssetsOrgGrp/Desc0NCWCD INCLUSION FEE
IRS990ScheduleD/OtherAssetsOrgGrp/Desc1CWCWD SYSTEM ENHANCEMENT FEE
IRS990ScheduleD/OtherAssetsOrgGrp/Desc2RESTRICTED CASH AND CASH EQUIVALENTS
IRS990ScheduleD/OtherAssetsOrgGrp/Desc3RESTRICTED CERTIFICATES OF DEPOSIT
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt01013000
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt01013000
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt022050
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt110525
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0CUSTOMER DEPOSITS
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc1ACCRUED INTEREST PAYABLE
IRS990ScheduleD/RevenueNotReportedAmt00
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt00
IRS990ScheduleD/RevenueSubtotalAmt0372991
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0THE PROJECT EVALUATES UNCERTAINTIES RELATED TO ITS TAX POSITIONS ANNUALLY. ACCORDINGLY, THE TAX BENEFIT FROM AN UNCERTAIN TAX POSITION IS RECOGNIZED ONLY IF IT IS MORE LIKELY THAN NOT THAT THE TAX POSITION WILL BE SUSTAINED UPON EXAMINATION BY TAXING AUTHORITIES. THE AMOUNT THAT IS ULTIMATELY SUSTAINED FOR UNCERTAIN TAX POSITIONS COULD DIFFER FROM THE AMOUNT RECOGNIZED. THE PROJECT BELIEVES THAT IT HAS APPROPRIATE SUPPORT FOR ANY TAX POSITIONS TAKEN, AND AS SUCH, DOES NOT HAVE ANY UNCERTAIN TAX POSITIONS THAT ARE MATERIAL TO THE FINANCIAL STATEMENTS AS OF MAY 31, 2015 AND 2014. MANAGEMENT MAKES JUDGMENTS REGARDING THE INTERPRETATION OF TAX LAWS THAT MIGHT BE CHALLENGED UPON AN AUDIT AND CAUSE CHANGES TO PREVIOUS ESTIMATES OF TAX LIABILITY. IN ADDITION, THE PROJECT OPERATES WITHIN MULTIPLE TAXING JURISDICTIONS AND IS SUBJECT TO AUDIT IN THESE JURISDICTIONS AS WELL AS BY THE INTERNAL REVENUE SERVICE. IN MANAGEMENT'S OPINION, ADEQUATE PROVISIONS FOR INCOME TAXES HAVE BEEN MADE FOR FISCAL YEARS 2012 THROUGH 2015 (ALL OPEN YEARS).
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0PART X, LINE 2:
IRS990ScheduleD/TotalBookValueLandBuildingsAmt02257519
IRS990ScheduleD/TotalBookValueOtherAssetsAmt01474882
IRS990ScheduleD/TotalExpensesPerForm990Amt0335883
IRS990ScheduleD/TotalLiabilityAmt032575
IRS990ScheduleD/TotalRevenuePerForm990Amt0372991
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt0372991
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt0335883
IRS990/ScheduleJRequiredInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0LARRY RENO IS THE BOARD SECRETARY/TREASURER BUT IS NOT A VOTING MEMBER OF THE BOARD.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE ORGANIZATION HAS MEMBERS WHICH ARE ENTITLED TO ONE SERVICE CONNECTION, AND VOTING RIGHTS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE BOARD OF DIRECTORS IS ELECTED ANNUALLY BY THE MEMBERS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THE RETURN IS REVIEWED BY THE ENTIRE BOARD BEFORE IT IS FILED WITH THE IRS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION A, LINE 1
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION A, LINE 6
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION A, LINE 7A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART VI, SECTION B, LINE 11
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PART VI, SECTION C, LINE 19
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/SubjectToProxyTaxInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TemporarilyRstrNetAssetsGrp/BOYAmt0197110
IRS990/TemporarilyRstrNetAssetsGrp/EOYAmt0114495
IRS990/TempOrPermanentEndowmentsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt04163201
IRS990/TotalAssetsEOYAmt04159543
IRS990/TotalAssetsGrp/BOYAmt04163201
IRS990/TotalAssetsGrp/EOYAmt04159543
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalEmployeeCnt06
IRS990/TotalFunctionalExpensesGrp/TotalAmt0335883
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt01374750
IRS990/TotalLiabilitiesEOYAmt01333984
IRS990/TotalLiabilitiesGrp/BOYAmt01374750
IRS990/TotalLiabilitiesGrp/EOYAmt01333984
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt02788451
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt02825559
IRS990/TotalOtherCompensationAmt00
IRS990/TotalProgramServiceRevenueAmt0399106
IRS990/TotalReportableCompFromOrgAmt033495
IRS990/TotalRevenueGrp/ExclusionAmt0-26115
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt0399106
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0372991
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt00
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt04163201
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt04159543
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd00
IRS990/UnrestrictedNetAssetsGrp/BOYAmt02591341
IRS990/UnrestrictedNetAssetsGrp/EOYAmt02711064
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt0PO BOX 247
IRS990/USAddress/CityNm0FORT LUPTON
IRS990/USAddress/StateAbbreviationCd0CO
IRS990/USAddress/ZIPCd080621
IRS990/VotingMembersGoverningBodyCnt08
IRS990/VotingMembersIndependentCnt08
IRS990/WebsiteAddressTxt0N/A
IRS990/WhistleblowerPolicyInd00
ReturnHeader/BuildTS02016-04-25 22:37:26Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0LARRY RENO
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0SECRETARY
ReturnHeader/BusinessOfficerGrp/PhoneNum03038574210
ReturnHeader/BusinessOfficerGrp/SignatureDt02016-01-13
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0ARISTOCRAT RANCHETTE WATER PROJECT INC
ReturnHeader/Filer/BusinessNameControlTxt0ARIS
ReturnHeader/Filer/EIN0840690646
ReturnHeader/Filer/PhoneNum03038574210
ReturnHeader/Filer/USAddress/AddressLine1Txt0PO BOX 247
ReturnHeader/Filer/USAddress/CityNm0FORT LUPTON
ReturnHeader/Filer/USAddress/StateAbbreviationCd0CO
ReturnHeader/Filer/USAddress/ZIPCd080621
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0010724563
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0ANTON COLLINS MITCHELL LLP
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt02015 CLUBHOUSE DRIVE SUITE 203
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0GREELEY
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0CO
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd080634
ReturnHeader/PreparerPersonGrp/PhoneNum09703521700
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0RYAN M SANGER CPA
ReturnHeader/ReturnTs02016-01-14T10:05:17-06:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02014-06-01
ReturnHeader/TaxPeriodEndDt02015-05-31
ReturnHeader/TaxYr02014

Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$9.28$5.26$4.02$0.69$0.65$0.04
2023Summary only. Only limited summary data is available for this year.$5.15$1.17$3.98$0.65$0.61$0.04
2022XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$4.94$0.99$3.95$0.77$0.59$0.17
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$4.45$0.68$3.77$0.81$0.54$0.27
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$4.51$1.00$3.50$0.45$0.28$0.17
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$4.35$1.11$3.24$0.54$0.45$0.08
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$4.30$1.17$3.13$0.51$0.35$0.16
2017Facts available. Structured filing facts are available, but richer extracted sections are limited.$4.20$1.22$2.97$0.42$0.41$0.01
2016Summary only. Only limited summary data is available for this year.$4.24$1.27$2.96$0.48$0.34$0.14
2015Detailed filing. Detailed filing data is available for this year.$4.16$1.33$2.83$0.37$0.34$0.04
2014Detailed filing. Detailed filing data is available for this year.$4.16$1.37$2.79$0.44$0.33$0.11
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$4.12$1.44$2.68$0.35
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$4.04$1.47$2.57$0.37
2011Summary only. Only limited summary data is available for this year.$4.00$1.53$2.48$0.45$0.31$0.14