Civic Intelligence

Fox Island Mutual Water Association

EIN 91-1031720 • 501(c)12 • Fox Island, WA

Profile

To provide water hookups and service to members on fox island, washington.

PO Box 35Fox Island, WA 98333-0035

foxislandwater.org

Siviq Scores

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

Liabilities / Assets

36th percentile

0.09x

Higher debt load relative to assets than 36% of similar nonprofits.

501(c)12 • $1M-$5M nonprofits • Source year 2024

Liabilities / Revenue

38th percentile

0.36x

Higher debt load relative to revenue than 38% of similar nonprofits.

501(c)12 • $1M-$5M nonprofits • Source year 2024

Net Margin

68th percentile

17%

Higher net margin than 68% of similar nonprofits.

501(c)12 • $1M-$5M nonprofits • Source year 2024

Top Officer Pay

Score unavailable

No value available

No filing with officer rows is available for this organization yet.

Asset Growth

82nd percentile

11%

Faster asset growth than 82% of similar nonprofits.

501(c)12 • $1M-$5M nonprofits • Annualized from 2023 to 2024

Revenue Growth

65th percentile

11%

Faster revenue growth than 65% of similar nonprofits.

501(c)12 • $1M-$5M nonprofits • Annualized from 2023 to 2024

Assets

Up

$4,632,464

Up $453,563 (+11%) from 2023

Liabilities

Up

$410,556

Up $265,306 (+183%) from 2023

Net Assets

Up

$4,221,908

Up $188,257 (+4.7%) from 2023

Revenue

Up

$1,147,711

Up $112,375 (+11%) from 2023

Expenses

Up

$953,730

Up $380,798 (+66%) from 2023

Net Income

Down

$193,981

Down $268,423 (-58%) from 2023

Trend Graphs

Balance Sheet Trend

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

$6.0M$4.0M$2.0M$0Assets 2011: $3,008,415Liabilities 2011: $12,149Net Assets 2011: $2,996,2662011Assets 2012: $2,909,419Liabilities 2012: $13,688Net Assets 2012: $2,895,7312012Assets 2013: $2,829,164Liabilities 2013: $20,986Net Assets 2013: $2,808,1782013Assets 2014: $2,835,012Liabilities 2014: $13,470Net Assets 2014: $2,821,5422014Assets 2015: $2,861,865Liabilities 2015: $690Net Assets 2015: $2,861,1752015Assets 2016: $2,864,308Liabilities 2016: $700Net Assets 2016: $2,863,6082016Assets 2017: $2,907,498Liabilities 2017: $4,656Net Assets 2017: $2,902,8422017Assets 2018: $3,061,034Liabilities 2018: $1,733Net Assets 2018: $3,059,3012018Assets 2019: $3,131,533Liabilities 2019: $1,733Net Assets 2019: $3,129,8002019Assets 2020: $3,462,538Liabilities 2020: $37,699Net Assets 2020: $3,424,8392020Assets 2021: $3,614,582Liabilities 2021: $22,371Net Assets 2021: $3,592,2112021Assets 2022: $3,591,428Liabilities 2022: $22,371Net Assets 2022: $3,569,0572022Assets 2023: $4,178,901Liabilities 2023: $145,250Net Assets 2023: $4,033,6512023Assets 2024: $4,632,464Liabilities 2024: $410,556Net Assets 2024: $4,221,9082024

Highlighted filing

2024

Assets$4,632,464
Liabilities$410,556
Net Assets$4,221,908

Operations Trend

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

$1.5M$1.0M$500K$0-$500KRevenue 2011: $316,602Expenses 2011: $390,427Net Income 2011: -$73,8252011Expenses 2012: $413,7252012Revenue 2013: $332,252Expenses 2013: $426,448Net Income 2013: -$94,1962013Revenue 2014: $368,802Expenses 2014: $355,438Net Income 2014: $13,3642014Revenue 2015: $416,762Expenses 2015: $377,129Net Income 2015: $39,6332015Revenue 2016: $463,247Expenses 2016: $460,814Net Income 2016: $2,4332016Revenue 2017: $517,630Expenses 2017: $471,220Net Income 2017: $46,4102017Revenue 2018: $630,825Expenses 2018: $480,480Net Income 2018: $150,3452018Revenue 2019: $586,967Expenses 2019: $521,425Net Income 2019: $65,5422019Revenue 2020: $887,697Expenses 2020: $598,937Net Income 2020: $288,7602020Revenue 2021: $853,048Expenses 2021: $690,954Net Income 2021: $162,0942021Revenue 2022: $906,318Expenses 2022: $932,521Net Income 2022: -$26,2032022Revenue 2023: $1,035,336Expenses 2023: $572,932Net Income 2023: $462,4042023Revenue 2024: $1,147,711Expenses 2024: $953,730Net Income 2024: $193,9812024

Highlighted filing

2024

Revenue$1,147,711
Expenses$953,730
Net Income$193,981

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$4.63$0.41$4.22$1.15$0.95$0.19
2023Detailed filing. Detailed filing data is available for this year.$4.18$0.15$4.03$1.04$0.57$0.46
2022Detailed filing. Detailed filing data is available for this year.$3.59$0.02$3.57$0.91$0.93$0.03
2021Detailed filing. Detailed filing data is available for this year.$3.61$0.02$3.59$0.85$0.69$0.16
2020Detailed filing. Detailed filing data is available for this year.$3.46$0.04$3.42$0.89$0.60$0.29
2019Detailed filing. Detailed filing data is available for this year.$3.13$0.00$3.13$0.59$0.52$0.07
2018Detailed filing. Detailed filing data is available for this year.$3.06$0.00$3.06$0.63$0.48$0.15
2017Detailed filing. Detailed filing data is available for this year.$2.91$0.00$2.90$0.52$0.47$0.05
2016Detailed filing. Detailed filing data is available for this year.$2.86$0.00$2.86$0.46$0.46$0.00
2015Detailed filing. Detailed filing data is available for this year.$2.86$0.00$2.86$0.42$0.38$0.04
2014Detailed filing. Detailed filing data is available for this year.$2.84$0.01$2.82$0.37$0.36$0.01
2013Detailed filing. Detailed filing data is available for this year.$2.83$0.02$2.81$0.33$0.43$0.09
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.91$0.01$2.90$0.41
2011Summary only. Only limited summary data is available for this year.$3.01$0.01$3.00$0.32$0.39$0.07
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
Oct 30, 2025
Return Version
2024v5.2
Gross Receipts
$1,147,711
Mission and Program Overview

Mission

To provide water hookups and service to members on fox island, washington.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$3,087,417$3,652,760▲ $565,343
Rtn Earn Endowment Incm Other Fnds$2,698,232$2,892,212▲ $193,980
Pd in Cap Srpls Land Bldg Eqp Fund$1,335,419$1,329,696▼ $5,723
Savings and Temporary Cash Investments$541,505$564,347▲ $22,842
Accounts Receivable$130,726$173,458▲ $42,732
Inventories for Sale or Use$210,032$155,651▼ $54,381
Cash and Non-Interest-Bearing Accounts$204,565$81,592▼ $122,973
Prepaid Expenses and Deferred Charges$4,556$4,556→ $0
Cap Stk Tr Prin Current Funds$0$0→ $0
Total Assets$4,178,901$4,632,464▲ $453,563
Other Assets Total$100$100→ $0
Liabilities
Mortgage Notes Payable Secured by Investment Property$122,855$388,161▲ $265,306
Accounts Payable and Accrued Expenses$22,395$22,395→ $0
Total Liabilities$145,250$410,556▲ $265,306
Net Assets / Fund Balance
Total Net Assets Fund Balance$4,033,651$4,221,908▲ $188,257
Total Liabilities and Net Assets / Fund Balance$4,178,901$4,632,464▲ $453,563

Asset Categories

AssetBook ValueDepreciationBasis
Other Land Buildings$3,124,237$2,971,369$6,095,606
Land$441,366-$441,366
Equipment$87,157$286,684$373,841
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Mike IrelandOperations OfficerFT$162,665$31,974$194,639

Board Members and Trustees

NameTitle
Kimo StreeterPresident
Arvid AndersonVice President
Carl GordonDirector
Joen WolfromDirector
Lloyd Walker IiiSecretary
Frank WrightTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$1,118,807
Investment Income
$27,761
Other Revenue
$1,143
Change in Net Assets
$193,981
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$565,649
Salaries, Compensation, and Employee Benefits$388,081
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Current Officers, Directors, Trustees, and Key Employees---$216,356
Depreciation Depletion---$198,836
Other Salaries and Wages---$138,072
Occupancy---$69,330
Office Expenses---$53,079
Fees for Services Other---$35,130
Payroll Taxes---$25,013
Interest---$23,681
Insurance---$22,896
All Other Expenses---$17,737
Other Expenses---$11,321
Other Employee Benefits---$8,640
Information Technology---$8,213
Fees for Services Accounting---$3,621
Total Functional Expenses$0$0$0$953,730
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 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
Yes
Other officer compensation reviewed
Yes
Conflict-of-interest policy
No
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 6

Fox island mutual water association is owned by the property owners (members) that it serves.

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

The members of fox island mutual water association elect the governing body.

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

The by-laws of fox island mutual water association allow some decisions to be made by a body other than the governing body.

Form 990, Part VI, Section A, Line 8B

Fox island mutual water association does not have any committee other than the governing committee.

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

Form 990 is reviewed at monthly meetings before a board member signs it.

Form 990, Part VI, Section B, Line 15

Compensation is reviewed and approved by the board.

Form 990, Part VI, Section C, Line 19

Conflict of interest issues are discussed at board meetings as deemed necessary when financial issues are involved.

Filing and Contact Details

Filer

Filer Name
Fox Island Mutual Water Association
EIN
91-1031720
Phone
2535492671
Address
PO BOX 35, FOX ISLAND, WA 98333-0035

Signing Officer

Name
Mike Ireland
Title
Operations Officer
Phone
2535492671
Signed
2025-10-30
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Mike Ireland
Formed
1978
Legal Domicile
Wa
Voting Board Members
6
Independent Board Members
6
Employees
3
Volunteers
0

Preparer

Firm
Johnson Stone & Pagano Ps
Address
1501 REGENTS BLVD SUITE 100, FIRCREST, WA 98466
Preparer
Maria a Ichiyama
Phone
2535667070
Supplemental Narrative

Additional Explanations

FORM 990, PART XI, LINE 9:

Change in memberships -5,724.

Raw XML Appendix377 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/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt01035336
IRS990/QuidProQuoContributionsInd00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990/ReconcilationRevenueExpnssAmt0193981
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd00
IRS990/ReportProgramRelatedInvstInd00
IRS990/RtnEarnEndowmentIncmOthFndsGrp/BOYAmt02698232
IRS990/RtnEarnEndowmentIncmOthFndsGrp/EOYAmt02892212
IRS990/SavingsAndTempCashInvstGrp/BOYAmt0541505
IRS990/SavingsAndTempCashInvstGrp/EOYAmt0564347
IRS990/ScheduleBRequiredInd00
IRS990ScheduleD/EquipmentGrp/BookValueAmt087157
IRS990ScheduleD/EquipmentGrp/DepreciationAmt0286684
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt0373841
IRS990ScheduleD/LandGrp/BookValueAmt0441366
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt0441366
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt03124237
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt02971369
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt06095606
IRS990ScheduleD/TotalBookValueLandBuildingsAmt03652760
IRS990ScheduleJ/EquityBasedCompArrngmInd00
IRS990/ScheduleJRequiredInd01
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt0162665
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusFilingOrganizationAmount00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusRelatedOrganizationsAmt00
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IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990FilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990RltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompensationFlngOrgAmt08974
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsFilingOrgAmt023000
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationFilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm0MIKE IRELAND
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt0OPERATIONS OFFICER
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationFilingOrgAmt0194639
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationRltdOrgsAmt00
IRS990ScheduleJ/SeverancePaymentInd00
IRS990ScheduleJ/SupplementalNonqualRtrPlanInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0FOX ISLAND MUTUAL WATER ASSOCIATION IS OWNED BY THE PROPERTY OWNERS (MEMBERS) THAT IT SERVES.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE MEMBERS OF FOX ISLAND MUTUAL WATER ASSOCIATION ELECT THE GOVERNING BODY.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE BY-LAWS OF FOX ISLAND MUTUAL WATER ASSOCIATION ALLOW SOME DECISIONS TO BE MADE BY A BODY OTHER THAN THE GOVERNING BODY.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3FOX ISLAND MUTUAL WATER ASSOCIATION DOES NOT HAVE ANY COMMITTEE OTHER THAN THE GOVERNING COMMITTEE.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4FORM 990 IS REVIEWED AT MONTHLY MEETINGS BEFORE A BOARD MEMBER SIGNS IT.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5COMPENSATION IS REVIEWED AND APPROVED BY THE BOARD.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6CONFLICT OF INTEREST ISSUES ARE DISCUSSED AT BOARD MEETINGS AS DEEMED NECESSARY WHEN FINANCIAL ISSUES ARE INVOLVED.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt7CHANGE IN MEMBERSHIPS -5,724.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION A, LINE 6
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 A, LINE 8B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PART VI, SECTION B, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990, PART VI, SECTION B, LINE 15
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6FORM 990, PART VI, SECTION C, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc7FORM 990, PART XI, LINE 9:
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/StatesWhereCopyOfReturnIsFldCd0WA
IRS990/SubjectToExcsTaxNetInvstIncInd00
IRS990/SubjectToProxyTaxInd00
IRS990/SubjToTaxRmnrtnExPrchtPymtInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt04178901
IRS990/TotalAssetsEOYAmt04632464
IRS990/TotalAssetsGrp/BOYAmt04178901
IRS990/TotalAssetsGrp/EOYAmt04632464
IRS990/TotalCompGreaterThan150KInd01
IRS990/TotalEmployeeCnt03
IRS990/TotalFunctionalExpensesGrp/TotalAmt0953730
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt0145250
IRS990/TotalLiabilitiesEOYAmt0410556
IRS990/TotalLiabilitiesGrp/BOYAmt0145250
IRS990/TotalLiabilitiesGrp/EOYAmt0410556
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt04033651
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt04221908
IRS990/TotalOtherCompensationAmt031974
IRS990/TotalOthProgramServiceRevGrp/RelatedOrExemptFuncIncomeAmt010200
IRS990/TotalOthProgramServiceRevGrp/TotalRevenueColumnAmt010200
IRS990/TotalProgramServiceRevenueAmt01118807
IRS990/TotalReportableCompFromOrgAmt0162665
IRS990/TotalRevenueGrp/ExclusionAmt027761
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt01119950
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt01147711
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt00
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt04178901
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt04632464
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd00
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt0PO BOX 35
IRS990/USAddress/CityNm0FOX ISLAND
IRS990/USAddress/StateAbbreviationCd0WA
IRS990/USAddress/ZIPCd0983330035
IRS990/VotingMembersGoverningBodyCnt06
IRS990/VotingMembersIndependentCnt06
IRS990/WebsiteAddressTxt0FOXISLANDWATER.ORG
IRS990/WhistleblowerPolicyInd00
ReturnHeader/BuildTS02025-03-06 01:10:19Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0MIKE IRELAND
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0OPERATIONS OFFICER
ReturnHeader/BusinessOfficerGrp/PhoneNum02535492671
ReturnHeader/BusinessOfficerGrp/SignatureDt02025-10-30
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0FOX ISLAND MUTUAL WATER ASSOCIATION
ReturnHeader/Filer/BusinessNameControlTxt0FOXI
ReturnHeader/Filer/EIN0911031720
ReturnHeader/Filer/PhoneNum02535492671
ReturnHeader/Filer/USAddress/AddressLine1Txt0PO BOX 35
ReturnHeader/Filer/USAddress/CityNm0FOX ISLAND
ReturnHeader/Filer/USAddress/StateAbbreviationCd0WA
ReturnHeader/Filer/USAddress/ZIPCd0983330035
ReturnHeader/IRSResponsiblePrtyInfoCurrInd00
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0911623649
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0JOHNSON STONE & PAGANO PS
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt01501 REGENTS BLVD SUITE 100
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0FIRCREST
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0WA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd098466
ReturnHeader/PreparerPersonGrp/PhoneNum02535667070
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0MARIA A ICHIYAMA
ReturnHeader/ReturnTs02025-10-31T16:10:56-05:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02024-01-01
ReturnHeader/TaxPeriodEndDt02024-12-31
ReturnHeader/TaxYr02024

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