Civic Intelligence

Bethel Greenacres Water Association

EIN 91-0841485 • 501(c)12 • Spanaway, WA

Profile

To purchase, or otherwise acquire, divert & store water from streams, water courses, wells or any other source, and to distribute the water to it's members for domestic purposes. To acquire, own, construct, hold, possess, use & maintain pumping plants, tanks, pipe lines, reservoirs, ditches, buildings, roads, trails & equipment, including water rights & shares of stock in other corporations for the purpose of supplying water to it's members.To purchase, or otherwise acquire, construct, improve, develop, repair, maintain, operate, care for and/or dispose of parkways, playgrounds, open spaces & recreational areas & community facilities appropriate for the use & development of community property.

PO Box 4760Spanaway, WA 98387

n/A

Siviq Scores

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

Liabilities / Assets

Score unavailable

No value available

Liabilities-to-assets requires both liabilities and assets on the latest valid filing.

Source year 2023

Liabilities / Revenue

37th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

501(c)12 • <$500k nonprofits • Source year 2023

Net Margin

97th percentile

71%

Higher net margin than 97% of similar nonprofits.

501(c)12 • <$500k nonprofits • Source year 2023

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 2023

Asset Growth

8th percentile

-100%

Faster asset growth than 8% of similar nonprofits.

501(c)12 • <$500k nonprofits • Annualized from 2022 to 2023

Revenue Growth

98th percentile

156%

Faster revenue growth than 98% of similar nonprofits.

501(c)12 • <$500k nonprofits • Annualized from 2022 to 2023

Assets

Down

$0

Down $28,894 (-100%) from 2022

Liabilities

Down

$0

Down $7,038 (-100%) from 2022

Net Assets

Down

$0

Down $21,856 (-100%) from 2022

Revenue

Up

$273,742

Up $166,673 (+156%) from 2022

Expenses

Down

$78,026

Down $18,356 (-19%) from 2022

Net Income

Up

$195,716

Up $185,029 (+1731%) from 2022

Trend Graphs

Balance Sheet Trend

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

$1.0M$500K$0Assets 2012: $850,587Liabilities 2012: $37,696Net Assets 2012: $812,8912012Assets 2013: $2,620Liabilities 2013: $4,3602013Assets 2014: $95,548Liabilities 2014: $5,8612014Assets 2015: $118,417Liabilities 2015: $19,366Net Assets 2015: $99,0512015Assets 2016: $94,123Liabilities 2016: $1,400Net Assets 2016: $92,7232016Assets 2017: $100,897Liabilities 2017: $7,115Net Assets 2017: $93,7822017Assets 2018: $102,256Liabilities 2018: $13,399Net Assets 2018: $88,8572018Assets 2019: $27,535Liabilities 2019: $2,095Net Assets 2019: $25,4402019Assets 2020: $53,874Liabilities 2020: $18,737Net Assets 2020: $35,1372020Assets 2021: $11,169Net Assets 2021: $11,1692021Assets 2022: $28,894Liabilities 2022: $7,038Net Assets 2022: $21,8562022Assets 2023: $0Liabilities 2023: $0Net Assets 2023: $02023

Highlighted filing

2023

Assets$0
Liabilities$0
Net Assets$0

Operations Trend

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

$300K$200K$100K$0-$100KRevenue 2012: $113,988Expenses 2012: $101,516Net Income 2012: $12,4722012Revenue 2013: $116,280Expenses 2013: $130,217Net Income 2013: -$13,9372013Revenue 2014: $109,912Expenses 2014: $108,037Net Income 2014: $1,8752014Revenue 2015: $113,203Expenses 2015: $103,839Net Income 2015: $9,3642015Revenue 2016: $120,765Expenses 2016: $127,093Net Income 2016: -$6,3282016Revenue 2017: $117,918Expenses 2017: $116,859Net Income 2017: $1,0592017Revenue 2018: $115,318Expenses 2018: $120,243Net Income 2018: -$4,9252018Revenue 2019: $114,747Expenses 2019: $178,164Net Income 2019: -$63,4172019Revenue 2020: $123,592Expenses 2020: $113,895Net Income 2020: $9,6972020Revenue 2021: $85,628Expenses 2021: $109,596Net Income 2021: -$23,9682021Revenue 2022: $107,069Expenses 2022: $96,382Net Income 2022: $10,6872022Revenue 2023: $273,742Expenses 2023: $78,026Net Income 2023: $195,7162023

Highlighted filing

2023

Revenue$273,742
Expenses$78,026
Net Income$195,716

Filings

Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2023 to Dec 31, 2023
Signed
Nov 15, 2024
Return Version
2023v5.1
Gross Receipts
$323,968
Mission and Program Overview

Mission

To purchase, or otherwise acquire, divert & store water from streams, water courses, wells or any other source, and to distribute the water to it's members for domestic purposes. To acquire, own, construct, hold, possess, use & maintain pumping plants, tanks, pipe lines, reservoirs, ditches, buildings, roads, trails & equipment, including water rights & shares of stock in other corporations for the purpose of supplying water to it's members.To purchase, or otherwise acquire, construct, improve, develop, repair, maintain, operate, care for and/or dispose of parkways, playgrounds, open spaces & recreational areas & community facilities appropriate for the use & development of community property.

Balance Sheet Detail
LineBeginningEndChange
Assets
Savings and Temporary Cash Investments$22,735$0▼ $22,735
Cash and Non-Interest-Bearing Accounts$6,158$0▼ $6,158
Land, Buildings, and Equipment, Net$1$0▼ $1
Accounts Receivable-$0-
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$28,894$0▼ $28,894
Other Assets Total-$0-
Liabilities
Accounts Payable and Accrued Expenses$6,157--
Other Liabilities$881--
Total Liabilities$7,038$0▼ $7,038
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$21,856--
Total Net Assets Fund Balance$21,856$0▼ $21,856
Total Liabilities and Net Assets / Fund Balance$28,894$0▼ $28,894
Compensation and Service Providers

Board Members and Trustees

NameTitle
Debbie GodseyPresident
Carl KertonVice President
Fred HillemanTrustee
Sylvia JoynerTrustee
Wilford CurtisTrustee
Kathy AusleySecretary
Teresa OttoTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$54,582
Investment Income
$219,160
Other Revenue
$0
Change in Net Assets
$195,716
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$78,026
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Fees for Services Legal-$4,564-$4,564
All Other Expenses$3,480$1,040-$4,520
Other Expenses$2,243--$2,243
Office Expenses-$2,204-$2,204
Fees for Services Other-$1,117-$1,117
Total Functional Expenses$69,101$8,925$0$78,026
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-
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Backup withholding compliance
No
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
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
Yes
Management duties delegated
No

Governance Explanations

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

The members hold an annual meeting to elect the governing body (trustees).

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

Informative meetings are held as needed, when major projects and/or policy changes are being introduced. The members have the opportunity to voice their opinions & provide information. The trustees will then take that information & make the final decision.

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

Once accounant completes all documents, the treasurer will review & approve for presentation to the trustees for approval to file vote.

Form 990, Part VI, Section B, Line 12C

Employees & trustees are required to disclose any conflict of interest to avoid termination or dismissal.

Form 990, Part VI, Section C, Line 19

In the monthly & annual membership meeting, all documents are made available.

Filing and Contact Details

Filer

Filer Name
Bethel Greenacres Water Association
EIN
91-0841485
Phone
2532627003
Address
PO Box 4760, Spanaway, WA 98387

Signing Officer

Name
Kathy Ausley
Title
Director
Signed
2024-11-15
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Teresa Otto
Formed
2007
Legal Domicile
Wa
Voting Board Members
7
Independent Board Members
7
Employees
4
Volunteers
3

Preparer

Firm
Pennywise Tax & Accounting Inc
Address
5287 Olympic Drive NW Suite B, Gig Harbor, WA 98335
Preparer
Beth Anderson
Phone
2533921855
Supplemental Narrative

Additional Explanations

Form 990, Part III, Line 3

This organization has been closed. All assets sold & funds returned to members.

Form 990, Part XI, Line 9

Final 990 filing = -$850

Form 990, Part XI, Line 9

Attorney = -$2000

Form 990, Part XI, Line 9

Members funds returned = -$214722

Raw XML Appendix382 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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IRS990ScheduleN/AssetsDistributedInd0true
IRS990ScheduleN/AttorneyGeneralNotifiedInd0false
IRS990ScheduleN/BondLiabilitiesDischargedInd0false
IRS990ScheduleN/BondsOutstandingInd0false
IRS990ScheduleN/DirectorOfSuccessorInd0false
IRS990ScheduleN/EmployeeOfSuccessorInd0false
IRS990ScheduleN/LiabilitiesPaidInd0true
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/AssetsDistriOrExpnssPaidDesc0All well operations equipment
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/AssetsDistriOrExpnssPaidDesc1Vacant Land
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/DistributionDt02023-03-10
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/DistributionDt12023-04-26
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/FairMarketValueOfAssetAmt0101886
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/FairMarketValueOfAssetAmt1167500
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/MethodOfFMVDeterminationTxt0Sale Price
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/MethodOfFMVDeterminationTxt1Sale Price
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/USAddress/AddressLine1Txt014519 Peacock Hill Ave NW
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/USAddress/AddressLine1Txt1120 192nd St Ct E
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/USAddress/CityNm0Gig Harbor
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/USAddress/CityNm1Spanaway
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/USAddress/StateAbbreviationCd0WA
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/USAddress/StateAbbreviationCd1WA
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/USAddress/ZIPCd098338
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/USAddress/ZIPCd198387
IRS990ScheduleN/OwnerOfSuccessorInd0false
IRS990ScheduleN/ReceiveCompensationInd0false
IRS990ScheduleN/RequiredToNotifyAGInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0This organization has been closed. All assets sold & funds returned to members.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1The members hold an annual meeting to elect the governing body (trustees).
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2Informative meetings are held as needed, when major projects and/or policy changes are being introduced. The members have the opportunity to voice their opinions & provide information. The trustees will then take that information & make the final decision.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3Once accounant completes all documents, the treasurer will review & approve for presentation to the trustees for approval to file vote.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4Employees & trustees are required to disclose any conflict of interest to avoid termination or dismissal.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5In the monthly & annual membership meeting, all documents are made available.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6Final 990 filing = -$850
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt7Attorney = -$2000
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt8Members funds returned = -$214722
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990, Part III, Line 3
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990, Part VI, Section A, Line 7a
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Form 990, Part VI, Section A, Line 7b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Form 990, Part VI, Section B, Line 11b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Form 990, Part VI, Section B, Line 12c
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5Form 990, Part VI, Section C, Line 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6Form 990, Part XI, Line 9
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc7Form 990, Part XI, Line 9
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc8Form 990, Part XI, Line 9
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0true
IRS990/SignificantNewProgramSrvcInd0false
IRS990/SubjectToExcsTaxNetInvstIncInd0false
IRS990/SubjectToProxyTaxInd0false
IRS990/SubjToTaxRmnrtnExPrchtPymtInd0false
IRS990/TaxableDistributionsInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TerminateOperationsInd0true
IRS990/TotalAssetsBOYAmt028894
IRS990/TotalAssetsEOYAmt00
IRS990/TotalAssetsGrp/BOYAmt028894
IRS990/TotalAssetsGrp/EOYAmt00
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalContributionsAmt00
IRS990/TotalEmployeeCnt04
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt08925
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt069101
IRS990/TotalFunctionalExpensesGrp/TotalAmt078026
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt07038
IRS990/TotalLiabilitiesEOYAmt00
IRS990/TotalLiabilitiesGrp/BOYAmt07038
IRS990/TotalLiabilitiesGrp/EOYAmt00
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt021856
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt00
IRS990/TotalProgramServiceExpensesAmt078026
IRS990/TotalProgramServiceRevenueAmt054582
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt0273742
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0273742
IRS990/TotalVolunteersCnt03
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt028894
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt00
IRS990/TravelGrp/TotalAmt00
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt0PO Box 4760
IRS990/USAddress/CityNm0Spanaway
IRS990/USAddress/StateAbbreviationCd0WA
IRS990/USAddress/ZIPCd098387
IRS990/VotingMembersGoverningBodyCnt07
IRS990/VotingMembersIndependentCnt07
IRS990/WebsiteAddressTxt0N/A
IRS990/WhistleblowerPolicyInd0true
ReturnHeader/BuildTS02024-10-15 13:58:12Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0Kathy Ausley
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0Director
ReturnHeader/BusinessOfficerGrp/SignatureDt02024-11-15
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0Bethel Greenacres Water Association
ReturnHeader/Filer/BusinessNameControlTxt0BETH
ReturnHeader/Filer/EIN0910841485
ReturnHeader/Filer/PhoneNum02532627003
ReturnHeader/Filer/USAddress/AddressLine1Txt0PO Box 4760
ReturnHeader/Filer/USAddress/CityNm0Spanaway
ReturnHeader/Filer/USAddress/StateAbbreviationCd0WA
ReturnHeader/Filer/USAddress/ZIPCd098387
ReturnHeader/IRSResponsiblePrtyInfoCurrInd0true
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0831177785
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0Pennywise Tax & Accounting Inc
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt05287 Olympic Drive NW Suite B
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0Gig Harbor
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0WA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd098335
ReturnHeader/PreparerPersonGrp/PhoneNum02533921855
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0Beth Anderson
ReturnHeader/ReturnTs02024-11-15T21:14:42-08:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02023-01-01
ReturnHeader/TaxPeriodEndDt02023-12-31
ReturnHeader/TaxYr02023

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