Civic Intelligence

Blanchard Edison Water Association Inc

990 • Fiscal year 2016 • EIN 91-0661264

Jan 01, 2016 to Dec 31, 2016 • Filed on Feb 07, 2017

PO Box 38Bow, WA 98232

(360) 766-8900

Siviq Scores

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

Liabilities / Assets

7th percentile

0.00x

Higher debt load relative to assets than 7% of similar nonprofits.

2016 filings • 501(c)12 • $1M-$5M nonprofits • Source year 2016

Liabilities / Revenue

7th percentile

0.02x

Higher debt load relative to revenue than 7% of similar nonprofits.

2016 filings • 501(c)12 • $1M-$5M nonprofits • Source year 2016

Net Margin

94th percentile

36%

Higher net margin than 94% of similar nonprofits.

2016 filings • 501(c)12 • $1M-$5M nonprofits • Source year 2016

Top Officer Pay

89th percentile

$43,740

Higher top officer pay than 89% of similar nonprofits.

Top officer pay equals 17.5% of source-year revenue.

2016 filings • 501(c)12 • $1M-$5M nonprofits • Source year 2016

Asset Growth

83rd percentile

7.0%

Faster asset growth than 83% of similar nonprofits.

2016 filings • 501(c)12 • $1M-$5M nonprofits • Annualized from 2015 to 2016

Revenue Growth

12th percentile

-8.3%

Faster revenue growth than 12% of similar nonprofits.

2016 filings • 501(c)12 • $1M-$5M nonprofits • Annualized from 2015 to 2016

Assets

Up

$1,391,872

Up $90,753 (+7.0%) from 2015

Net Assets

Up

$1,387,311

Up $90,326 (+7.0%) from 2015

Liabilities

Up

$4,561

Up $427 (+10%) from 2015

Revenue

Down

$250,426

Down $22,741 (-8.3%) from 2015

Expenses

Down

$160,100

Down $4,371 (-2.7%) from 2015

Net Income

Down

$90,326

Down $18,370 (-17%) from 2015

Historical Trend

Balance Sheet Trend

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

$3.0M$2.0M$1.0M$0Assets 2010: $1,094,749Liabilities 2010: $243,070Net Assets 2010: $851,6792010Assets 2011: $1,043,528Liabilities 2011: $123,567Net Assets 2011: $919,9612011Assets 2012: $1,006,776Liabilities 2012: $2,743Net Assets 2012: $1,004,0332012Assets 2013: $1,144,634Liabilities 2013: $3,688Net Assets 2013: $1,140,9462013Assets 2014: $1,198,046Liabilities 2014: $9,757Net Assets 2014: $1,188,2892014Assets 2015: $1,301,119Liabilities 2015: $4,134Net Assets 2015: $1,296,9852015Assets 2016: $1,391,872Liabilities 2016: $4,561Net Assets 2016: $1,387,3112016Assets 2017: $1,493,050Liabilities 2017: $7,998Net Assets 2017: $1,485,0522017Assets 2018: $1,650,076Liabilities 2018: $35,210Net Assets 2018: $1,614,8662018Assets 2019: $1,779,285Liabilities 2019: $4,044Net Assets 2019: $1,775,2412019Assets 2020: $1,898,010Liabilities 2020: $9,393Net Assets 2020: $1,888,6172020Assets 2021: $2,023,027Liabilities 2021: $4,946Net Assets 2021: $2,018,0812021Assets 2022: $2,106,867Liabilities 2022: $7,184Net Assets 2022: $2,099,6832022

Highlighted filing

2016

Assets$1,391,872
Liabilities$4,561
Net Assets$1,387,311

Operations Trend

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

$400K$300K$200K$100K$0Expenses 2010: $158,8942010Expenses 2011: $172,5072011Expenses 2012: $155,8672012Revenue 2013: $259,563Expenses 2013: $152,650Net Income 2013: $106,9132013Revenue 2014: $233,907Expenses 2014: $193,364Net Income 2014: $40,5432014Revenue 2015: $273,167Expenses 2015: $164,471Net Income 2015: $108,6962015Revenue 2016: $250,426Expenses 2016: $160,100Net Income 2016: $90,3262016Revenue 2017: $286,929Expenses 2017: $189,188Net Income 2017: $97,7412017Revenue 2018: $301,481Expenses 2018: $171,667Net Income 2018: $129,8142018Revenue 2019: $342,819Expenses 2019: $182,444Net Income 2019: $160,3752019Revenue 2020: $318,282Expenses 2020: $204,906Net Income 2020: $113,3762020Revenue 2021: $333,796Expenses 2021: $204,332Net Income 2021: $129,4642021Revenue 2022: $304,522Expenses 2022: $222,920Net Income 2022: $81,6022022

Highlighted filing

2016

Revenue$250,426
Expenses$160,100
Net Income$90,326
Jump To
Filing Snapshot
Filing Period
Jan 1, 2016 to Dec 31, 2016
Signed
Feb 7, 2017
Return Version
2016v3.0
Gross Receipts
$250,426
Mission and Program Overview

Mission

Distribution of water to association members.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$1,065,185$1,113,483▲ $48,298
Rtn Earn Endowment Incm Other Fnds$670,393$760,719▲ $90,326
Cap Stk Tr Prin Current Funds$626,592$626,592→ $0
Savings and Temporary Cash Investments$169,374$234,240▲ $64,866
Cash and Non-Interest-Bearing Accounts$46,636$23,677▼ $22,959
Accounts Receivable$15,844$16,392▲ $548
Intangible Assets$4,080$4,080→ $0
Pd in Cap Srpls Land Bldg Eqp Fund$0$0→ $0
Total Assets$1,301,119$1,391,872▲ $90,753
Liabilities
Accounts Payable and Accrued Expenses$4,134$4,561▲ $427
Total Liabilities$4,134$4,561▲ $427
Net Assets / Fund Balance
Total Net Assets Fund Balance$1,296,985$1,387,311▲ $90,326
Total Liabilities and Net Assets / Fund Balance$1,301,119$1,391,872▲ $90,753

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$990,543$1,228,534$2,219,077
Land$122,940-$122,940
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
David LohmanManagerPT$43,740$43,740

Board Members and Trustees

NameTitle
Hobie HansenPresident
Thomas WakeVice President
Gary HoffmanDirector
Kenneth DeeringDirector
Margery HiteDirector
Tom PasmaDirector
Barbara LeanderSecretary
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$250,026
Investment Income
$400
Other Revenue
$0
Change in Net Assets
$90,326
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$108,369
Salaries, Compensation, and Employee Benefits$51,731
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Depreciation Depletion---$58,164
Current Officers, Directors, Trustees, and Key Employees---$43,740
Occupancy---$12,674
Payroll Taxes---$6,327
Insurance---$6,263
Office Expenses---$2,768
Travel---$2,201
Other Salaries and Wages---$1,664
Other Expenses---$1,310
Fees for Services Accounting---$1,260
Fees for Services Legal---$770
All Other Expenses---$229
Total Functional Expenses$0$0$0$160,100
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
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Backup withholding compliance
Yes
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 6

Members are all property owners who have purchased membership in the association.

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

The members of the association elect the board of directors.

Form 990, Part VI, Section B, Line 11B

Form 990 is reviewed by the board prior to timely filing.

Form 990, Part VI, Section C, Line 19

All financial statements and organization documents are available at the annual meeting or upon request.

Filing and Contact Details

Filer

Filer Name
Blanchard Edison Water Association Inc
EIN
91-0661264
Phone
3607668900
Address
PO BOX 38, BOW, WA 98232

Signing Officer

Name
Hobie Hansen
Title
President
Phone
3607668900
Signed
2017-02-07
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Hobie Hansen
Formed
1954
Legal Domicile
Wa
Voting Board Members
5
Independent Board Members
5
Employees
2
Volunteers
6

Preparer

Firm
Larson Gross Pllc
Address
2211 RIMLAND DR STE 422, BELLINGHAM, WA 98226
Preparer
Tony Cook-cpa-ms-tax
Phone
3607344280
Raw XML Appendix325 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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IRS990/Form990PartVIISectionAGrp/TitleTxt0DIRECTOR
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IRS990/Form990PartVIISectionAGrp/TitleTxt3PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt4MANAGER
IRS990/Form990PartVIISectionAGrp/TitleTxt5SECRETARY
IRS990/Form990PartVIISectionAGrp/TitleTxt6DIRECTOR
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0MEMBERS ARE ALL PROPERTY OWNERS WHO HAVE PURCHASED MEMBERSHIP IN THE ASSOCIATION.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE MEMBERS OF THE ASSOCIATION ELECT THE BOARD OF DIRECTORS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2FORM 990 IS REVIEWED BY THE BOARD PRIOR TO TIMELY FILING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3ALL FINANCIAL STATEMENTS AND ORGANIZATION DOCUMENTS ARE AVAILABLE AT THE ANNUAL MEETING OR UPON REQUEST.
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ReturnHeader/BusinessOfficerGrp/PhoneNum03607668900
ReturnHeader/BusinessOfficerGrp/SignatureDt02017-02-07
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0BLANCHARD EDISON WATER ASSOCIATION INC
ReturnHeader/Filer/BusinessNameControlTxt0BLAN
ReturnHeader/Filer/EIN0910661264
ReturnHeader/Filer/PhoneNum03607668900
ReturnHeader/Filer/USAddress/AddressLine1Txt0PO BOX 38
ReturnHeader/Filer/USAddress/CityNm0BOW
ReturnHeader/Filer/USAddress/StateAbbreviationCd0WA
ReturnHeader/Filer/USAddress/ZIPCd098232
ReturnHeader/FilingSecurityInformation/AtSubmissionCreationDeviceId0ED2C2EA1A01BD4FECF199EF23F25936284A9BC26
ReturnHeader/FilingSecurityInformation/AtSubmissionFilingDeviceId07A1631972DC0868626AED4B49B793185C4DE6B07
ReturnHeader/FilingSecurityInformation/FilingLicenseTypeCd0P
ReturnHeader/FilingSecurityInformation/IPAddress/IPv4AddressTxt069.7.45.162
ReturnHeader/FilingSecurityInformation/IPDt02017-02-14
ReturnHeader/FilingSecurityInformation/IPTimezoneCd0PS
ReturnHeader/FilingSecurityInformation/IPTm013:11:49
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0911663574
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0LARSON GROSS PLLC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt02211 RIMLAND DR STE 422
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0BELLINGHAM
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0WA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd098226
ReturnHeader/PreparerPersonGrp/PhoneNum03607344280
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0TONY COOK-CPA-MS-TAX
ReturnHeader/ReturnTs02017-02-14T15:12:28-06:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02016-01-01
ReturnHeader/TaxPeriodEndDt02016-12-31
ReturnHeader/TaxYr02016

Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2022Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.11$0.01$2.10$0.30$0.22$0.08
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2.02$0.00$2.02$0.33$0.20$0.13
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.90$0.01$1.89$0.32$0.20$0.11
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.78$0.00$1.78$0.34$0.18$0.16
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.65$0.04$1.61$0.30$0.17$0.13
2017Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.49$0.01$1.49$0.29$0.19$0.10
2016Detailed filing. Detailed filing data is available for this year.$1.39$0.00$1.39$0.25$0.16$0.09
2015XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.30$0.00$1.30$0.27$0.16$0.11
2014Detailed filing. Detailed filing data is available for this year.$1.20$0.01$1.19$0.23$0.19$0.04
2013Detailed filing. Detailed filing data is available for this year.$1.14$0.00$1.14$0.26$0.15$0.11
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.01$0.00$1.00$0.16
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.04$0.12$0.92$0.17
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.09$0.24$0.85$0.16