Civic Intelligence

New Utsalady Water System Inc

990EZ • Fiscal year 2022 • EIN 91-0878935

Jun 01, 2021 to May 31, 2022 • Filed on May 25, 2023

Organization ProfileN/A
PO Box 657Stanwood, WA 98292

(206) 999-6623

Siviq Scores

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

Liabilities / Assets

40th percentile

0.00x

Higher debt load relative to assets than 40% of similar nonprofits.

2022 filings • 501(c)12 • <$500k nonprofits • Source year 2022

Liabilities / Revenue

49th percentile

0.02x

Higher debt load relative to revenue than 49% of similar nonprofits.

2022 filings • 501(c)12 • <$500k nonprofits • Source year 2022

Net Margin

21st percentile

-17%

Higher net margin than 21% of similar nonprofits.

2022 filings • 501(c)12 • <$500k nonprofits • Source year 2022

Top Officer Pay

77th percentile

$0

Higher top officer pay than 77% of similar nonprofits.

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

2022 filings • 501(c)12 • <$500k nonprofits • Source year 2022

Asset Growth

52nd percentile

0.9%

Faster asset growth than 52% of similar nonprofits.

2022 filings • 501(c)12 • <$500k nonprofits • Annualized from 2021 to 2022

Revenue Growth

28th percentile

-5.0%

Faster revenue growth than 28% of similar nonprofits.

2022 filings • 501(c)12 • <$500k nonprofits • Annualized from 2021 to 2022

Balance Sheet
Liabilities / Assets40th percentile

Assets

Up

$376,330

Up $3,193 (+0.9%) from 2021

Net Assets

Up

$375,409

Up $3,175 (+0.9%) from 2021

Liabilities

Up

$921

Up $18 (+2.0%) from 2021

Revenue And Expenses
Liabilities / Revenue49th percentileNet Margin21st percentile

Revenue

Down

$49,664

Down $2,631 (-5.0%) from 2021

Expenses

Up

$58,043

Up $13,736 (+31%) from 2021

Net Income

Down

-$8,379

Down $16,367 (-205%) from 2021

Historical Trend

Balance Sheet Trend

Asset Growth52nd percentile

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

$400K$300K$200K$100K$0Assets 2013: $369,177Liabilities 2013: $14,750Net Assets 2013: $354,4272013Assets 2014: $362,568Liabilities 2014: $526Net Assets 2014: $362,0422014Assets 2015: $359,366Liabilities 2015: $1,8172015Assets 2019: $312,398Net Assets 2019: $312,3982019Assets 2020: $313,150Net Assets 2020: $313,1502020Assets 2021: $373,137Liabilities 2021: $903Net Assets 2021: $372,2342021Assets 2022: $376,330Liabilities 2022: $921Net Assets 2022: $375,4092022Assets 2023: $379,326Liabilities 2023: $688Net Assets 2023: $378,6382023Assets 2024: $374,399Net Assets 2024: $374,3992024Assets 2025: $360,048Net Assets 2025: $360,0482025

Highlighted filing

2022

Assets$376,330
Liabilities$921
Net Assets$375,409
Open 2022 Filing

Operations Trend

Revenue Growth28th percentile

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

$150K$100K$50K$0-$50KRevenue 2013: $117,884Expenses 2013: $38,259Net Income 2013: $79,6252013Revenue 2014: $61,123Expenses 2014: $53,508Net Income 2014: $7,6152014Revenue 2015: $49,909Expenses 2015: $54,928Net Income 2015: -$5,0192015Revenue 2019: $65,191Expenses 2019: $47,288Net Income 2019: $17,9032019Revenue 2020: $48,115Expenses 2020: $47,364Net Income 2020: $7512020Revenue 2021: $52,295Expenses 2021: $44,307Net Income 2021: $7,9882021Revenue 2022: $49,664Expenses 2022: $58,043Net Income 2022: -$8,3792022Revenue 2023: $62,282Expenses 2023: $59,053Net Income 2023: $3,2292023Revenue 2024: $67,823Expenses 2024: $72,062Net Income 2024: -$4,2392024Revenue 2025: $29,170Expenses 2025: $43,521Net Income 2025: -$14,3512025

Highlighted filing

2022

Revenue$49,664
Expenses$58,043
Net Income-$8,379
Open 2022 Filing
Jump To
Filing Snapshot
Filing Period
Jun 1, 2021 to May 31, 2022
Signed
May 25, 2023
Return Version
2021v4.0
Gross Receipts
$49,664
Mission and Program Overview

Mission

The distribution of water to shareholders (non-profit)

Program Services

DescriptionGrantsExpenses
THE DISTRIBUTION OF WATER TO SHAREHOLDERS (NON-PROFIT)--
THE DISTRIBUTION OF WATER TO SHAREHOLDERS (NON-PROFIT)--
Compensation and Service Providers
Top Officer Pay77th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
JEFF HIGHLANDSecretary-$0--
GLEN ELDERPresident-$0--
NANCY CAMPBELLVice Preside-$0--
Filing and Contact Details

Filer

Filer Name
New Utsalady Water System Inc
EIN
91-0878935
Phone
2069996623
Address
PO BOX 657, STANWOOD, WA 98292

Signing Officer

Name
Glen Elder
Title
President
Phone
4253308270
Signed
2023-05-25
Discuss with paid preparer
Yes

Preparer

Firm
Michael Dame & Associates Inc Ps
Address
PO BOX 879, STANWOOD, WA 98292
Preparer
Michael P Dame CPA
Phone
3606299420
Supplemental Narrative

Additional Explanations

Form 990-ez, Part I, Line 16

“Expenses insurance 1,168 licenses and permits 410 contract fees 22,935 dues and subscriptions 639 lab expenses 912 water testing 1,798 non-investment depreciation 19,170 total 47,032”

Form 990-ez, Part I, Line 20

“Cash basis a/r 11,570 cash basis a/p -16”

Form 990-ez, Part II, Line 24

“Accounts receivable 52,000 63,570 equipment 751,633 766,220 less accumulated depreciation 567,090 586,260 total 236,543 243,530”

Form 990-ez, Part II, Line 26

“Accounts payable and accrued expenses 903 921”

Form 990-ez, Part III, Line 31

“The distribution of water to shareholders (non-profit)”

Raw XML Appendix108 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/ActivitiesNotPreviouslyRptInd0false
IRS990EZ/BooksInCareOfDetail/PersonNm0BECKY ANGELOCCI
IRS990EZ/BooksInCareOfDetail/PhoneNum03603877000
IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt0PO BOX 657
IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0STANWOOD
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0WA
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd098292
IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt0136594
IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt0132800
IRS990EZ/ChgMadeToOrgnzngDocNotRptInd0false
IRS990EZ/DonorAdvisedFndsInd0false
IRS990EZ/ExcessOrDeficitForYearAmt0-8379
IRS990EZ/FeesAndOtherPymtToIndCntrctAmt01907
IRS990EZ/ForeignFinancialAccountInd0false
IRS990EZ/ForeignOfficeInd0false
IRS990EZ/Form1120PolFiledInd0false
IRS990EZ/Form990TotalAssetsGrp/BOYAmt0373137
IRS990EZ/Form990TotalAssetsGrp/EOYAmt0376330
IRS990EZ/GrossReceiptsAmt049664
IRS990EZ/InfoInScheduleOPartIIIInd0X
IRS990EZ/InfoInScheduleOPartIIInd0X
IRS990EZ/InfoInScheduleOPartIInd0X
IRS990EZ/InvestmentIncomeAmt034
IRS990EZ/MadeLoansToFromOfficersInd0false
IRS990EZ/MethodOfAccountingCashInd0X
IRS990EZ/NetAssetsOrFundBalancesBOYAmt0372234
IRS990EZ/NetAssetsOrFundBalancesEOYAmt0375409
IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt0372234
IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt0375409
IRS990EZ/OccupancyRentUtltsAndMaintAmt09104
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt01.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt11.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt21.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0JEFF HIGHLAND
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm1GLEN ELDER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm2NANCY CAMPBELL
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0SECRETARY
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1PRESIDENT
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2VICE PRESIDE
IRS990EZ/OperateHospitalInd0false
IRS990EZ/Organization501cInd0X
IRS990EZ/OrganizationDissolvedEtcInd0false
IRS990EZ/OrganizationHadUBIInd0false
IRS990EZ/OtherAssetsTotalDetail/BOYAmt0236543
IRS990EZ/OtherAssetsTotalDetail/EOYAmt0243530
IRS990EZ/OtherChangesInNetAssetsAmt011554
IRS990EZ/OtherExpensesTotalAmt047032
IRS990EZ/PoliticalCampaignActyInd0false
IRS990EZ/PrimaryExemptPurposeTxt0THE DISTRIBUTION OF WATER TO SHAREHOLDERS (NON-PROFIT)
IRS990EZ/ProgramServiceRevenueAmt049630
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0THE DISTRIBUTION OF WATER TO SHAREHOLDERS (NON-PROFIT)
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt1THE DISTRIBUTION OF WATER TO SHAREHOLDERS (NON-PROFIT)
IRS990EZ/ProhibitedTaxShelterTransInd0false
IRS990EZ/RelatedOrganizationCtrlEntInd0false
IRS990EZ/ScheduleBNotRequiredInd0X
IRS990EZ/StatesWhereCopyOfReturnIsFldCd0WA
IRS990EZ/SubjectToProxyTaxInd0false
IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt0903
IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt0921
IRS990EZ/TanningServicesProvidedInd0false
IRS990EZ/TotalExpensesAmt058043
IRS990EZ/TotalRevenueAmt049664
IRS990EZ/TransactionWithControlEntInd0false
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990EZ/WebsiteAddressTxt0N/A
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0EXPENSES INSURANCE 1,168 LICENSES AND PERMITS 410 CONTRACT FEES 22,935 DUES AND SUBSCRIPTIONS 639 LAB EXPENSES 912 WATER TESTING 1,798 NON-INVESTMENT DEPRECIATION 19,170 TOTAL 47,032
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1CASH BASIS A/R 11,570 CASH BASIS A/P -16
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2ACCOUNTS RECEIVABLE 52,000 63,570 EQUIPMENT 751,633 766,220 LESS ACCUMULATED DEPRECIATION 567,090 586,260 TOTAL 236,543 243,530
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3ACCOUNTS PAYABLE AND ACCRUED EXPENSES 903 921
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4THE DISTRIBUTION OF WATER TO SHAREHOLDERS (NON-PROFIT)
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990-EZ, PART I, LINE 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990-EZ, PART I, LINE 20
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990-EZ, PART II, LINE 24
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990-EZ, PART II, LINE 26
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990-EZ, PART III, LINE 31
ReturnHeader/BuildTS02023-04-26 12:10:37Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0GLEN ELDER
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT
ReturnHeader/BusinessOfficerGrp/PhoneNum04253308270
ReturnHeader/BusinessOfficerGrp/SignatureDt02023-05-25
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0NEW UTSALADY WATER SYSTEM INC
ReturnHeader/Filer/BusinessNameControlTxt0NEWU
ReturnHeader/Filer/EIN0910878935
ReturnHeader/Filer/PhoneNum02069996623
ReturnHeader/Filer/USAddress/AddressLine1Txt0PO BOX 657
ReturnHeader/Filer/USAddress/CityNm0STANWOOD
ReturnHeader/Filer/USAddress/StateAbbreviationCd0WA
ReturnHeader/Filer/USAddress/ZIPCd098292
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0911877590
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0MICHAEL DAME & ASSOCIATES INC PS
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0PO BOX 879
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0STANWOOD
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0WA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd098292
ReturnHeader/PreparerPersonGrp/PhoneNum03606299420
ReturnHeader/PreparerPersonGrp/PreparationDt02023-05-30
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0MICHAEL P DAME CPA
ReturnHeader/ReturnTs02023-05-30T18:51:25-04:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0GLEN
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0ELDER
ReturnHeader/TaxPeriodBeginDt02021-06-01
ReturnHeader/TaxPeriodEndDt02022-05-31
ReturnHeader/TaxYr02021

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2022 • Form 990EZDetailed filing. Detailed filing data is available for this year.

Open filing
Assets
$376,330
Liabilities
$921
Net assets
$375,409
Revenue
$49,664
Expenses
$58,043
Net income
-$8,379
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Detailed filing. Detailed filing data is available for this year.$3.60$3.60$0.29$0.44$0.14
2024Detailed filing. Detailed filing data is available for this year.$3.74$3.74$0.68$0.72$0.04
2023Detailed filing. Detailed filing data is available for this year.$3.79$0.01$3.79$0.62$0.59$0.03
2022Detailed filing. Detailed filing data is available for this year.$3.76$0.01$3.75$0.50$0.58$0.08
2021Detailed filing. Detailed filing data is available for this year.$3.73$0.01$3.72$0.52$0.44$0.08
2020Detailed filing. Detailed filing data is available for this year.$3.13$3.13$0.48$0.47$0.01
2019Detailed filing. Detailed filing data is available for this year.$3.12$3.12$0.65$0.47$0.18
2015Summary only. Only limited summary data is available for this year.$3.59$0.02$0.50$0.55$0.05
2014Detailed filing. Detailed filing data is available for this year.$3.63$0.01$3.62$0.61$0.54$0.08
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$3.69$0.15$3.54$1.18$0.38$0.80