Civic Intelligence

Animas Water Company

990 • Fiscal year 2016 • EIN 93-0604235

Jan 01, 2016 to Dec 31, 2016 • Filed on May 09, 2017

PO Box 1012Durango, CO 81302

(970) 259-4788

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

8th percentile

0.02x

Higher debt load relative to revenue than 8% of similar nonprofits.

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

Net Margin

56th percentile

6.7%

Higher net margin than 56% of similar nonprofits.

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

Top Officer Pay

97th percentile

$84,325

Higher top officer pay than 97% of similar nonprofits.

Top officer pay equals 10.7% of source-year revenue.

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

Asset Growth

70th percentile

2.3%

Faster asset growth than 70% of similar nonprofits.

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

Revenue Growth

81st percentile

13%

Faster revenue growth than 81% of similar nonprofits.

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

Assets

Up

$4,990,682

Up $114,261 (+2.3%) from 2015

Net Assets

Up

$4,974,598

Up $116,386 (+2.4%) from 2015

Liabilities

Down

$16,084

Down $2,125 (-12%) from 2015

Revenue

Up

$786,701

Up $89,581 (+13%) from 2015

Expenses

Up

$734,375

Up $37,999 (+5.5%) from 2015

Net Income

Up

$52,326

Up $51,582 (+6933%) from 2015

Historical Trend

Balance Sheet Trend

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

$8.0M$6.0M$4.0M$2.0M$0Assets 2011: $4,380,362Liabilities 2011: $15,687Net Assets 2011: $4,364,6752011Assets 2012: $4,438,027Liabilities 2012: $13,000Net Assets 2012: $4,425,0272012Assets 2013: $4,573,888Liabilities 2013: $12,718Net Assets 2013: $4,561,1702013Assets 2014: $4,752,544Liabilities 2014: $23,191Net Assets 2014: $4,729,3532014Assets 2015: $4,876,421Liabilities 2015: $18,209Net Assets 2015: $4,858,2122015Assets 2016: $4,990,682Liabilities 2016: $16,084Net Assets 2016: $4,974,5982016Assets 2017: $5,105,387Liabilities 2017: $21,087Net Assets 2017: $5,084,3002017Assets 2018: $5,226,425Liabilities 2018: $14,402Net Assets 2018: $5,212,0232018Assets 2019: $5,339,707Liabilities 2019: $16,550Net Assets 2019: $5,323,1572019Assets 2020: $5,790,755Liabilities 2020: $22,789Net Assets 2020: $5,767,9662020Assets 2021: $6,001,305Liabilities 2021: $59,685Net Assets 2021: $5,941,6202021Assets 2022: $6,089,101Liabilities 2022: $76,433Net Assets 2022: $6,012,6682022Assets 2023: $6,427,927Liabilities 2023: $171,403Net Assets 2023: $6,256,5242023

Highlighted filing

2016

Assets$4,990,682
Liabilities$16,084
Net Assets$4,974,598

Operations Trend

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

$1.5M$1.0M$500K$0-$500KRevenue 2011: $622,493Expenses 2011: $647,457Net Income 2011: -$24,9642011Revenue 2012: $728,425Expenses 2012: $713,073Net Income 2012: $15,3522012Revenue 2013: $717,316Expenses 2013: $700,423Net Income 2013: $16,8932013Revenue 2014: $747,143Expenses 2014: $697,185Net Income 2014: $49,9582014Revenue 2015: $697,120Expenses 2015: $696,376Net Income 2015: $7442015Revenue 2016: $786,701Expenses 2016: $734,375Net Income 2016: $52,3262016Revenue 2017: $785,847Expenses 2017: $755,583Net Income 2017: $30,2642017Revenue 2018: $841,462Expenses 2018: $828,395Net Income 2018: $13,0672018Revenue 2019: $846,337Expenses 2019: $841,283Net Income 2019: $5,0542019Revenue 2020: $1,112,339Expenses 2020: $787,360Net Income 2020: $324,9792020Revenue 2021: $1,031,216Expenses 2021: $857,562Net Income 2021: $173,6542021Revenue 2022: $1,079,574Expenses 2022: $1,008,526Net Income 2022: $71,0482022Revenue 2023: $1,317,374Expenses 2023: $1,073,518Net Income 2023: $243,8562023

Highlighted filing

2016

Revenue$786,701
Expenses$734,375
Net Income$52,326
Jump To
Filing Snapshot
Filing Period
Jan 1, 2016 to Dec 31, 2016
Signed
May 9, 2017
Return Version
2016v3.0
Gross Receipts
$795,421
Mission and Program Overview

Mission

To provide domestic water for residential and commerical members.

Provide domestic water for residential and commercial members.

Balance Sheet Detail
LineBeginningEndChange
Assets
Pd in Cap Srpls Land Bldg Eqp Fund$4,274,487$4,334,986▲ $60,499
Land, Buildings, and Equipment, Net$3,045,100$2,958,981▼ $86,119
Savings and Temporary Cash Investments$942,761$1,201,853▲ $259,092
Rtn Earn Endowment Incm Other Fnds$583,725$639,612▲ $55,887
Cash and Non-Interest-Bearing Accounts$672,266$618,455▼ $53,811
Inventories for Sale or Use$48,048$67,880▲ $19,832
Accounts Receivable$78,247$51,571▼ $26,676
Intangible Assets$13,115$13,111▼ $4
Prepaid Expenses and Deferred Charges$434$2,381▲ $1,947
Other Notes and Loans Receivable, Net$400$400→ $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-
Total Assets$4,876,421$4,990,682▲ $114,261
Other Assets Total$76,050$76,050→ $0
Liabilities
Accounts Payable and Accrued Expenses$13,929$11,077▼ $2,852
Deferred Revenue$4,280$5,007▲ $727
Total Liabilities$18,209$16,084▼ $2,125
Net Assets / Fund Balance
Total Net Assets Fund Balance$4,858,212$4,974,598▲ $116,386
Total Liabilities and Net Assets / Fund Balance$4,876,421$4,990,682▲ $114,261

Asset Categories

AssetBook ValueDepreciationBasis
Other Land Buildings$2,816,132$2,963,715$5,779,847
Leasehold Improvements$91,467$16,235$107,702
Equipment$48,684$36,786$85,470
Land$2,698-$2,698
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
John OttManagerFT$84,325$84,325

Board Members and Trustees

NameTitle
Joe BishopPresident
Tim TurnerVice President
Ed ZinkDirector
Terra AndersonDirector
Ann OliverSecretary/Treas
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$728,341
Investment Income
$14,953
Other Revenue
$43,407
Change in Net Assets
$52,326
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$399,372
Salaries, Compensation, and Employee Benefits$335,003
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages---$185,323
Depreciation Depletion---$162,812
Current Officers, Directors, Trustees, and Key Employees---$84,325
All Other Expenses---$36,365
Other Employee Benefits---$34,868
Insurance---$23,217
Payroll Taxes---$21,959
Fees for Services Accounting---$12,800
Travel---$12,315
Other Expenses---$10,532
Pension Plan Contributions---$8,528
Fees for Services Other---$7,978
Occupancy---$7,900
Fees for Services Legal---$5,755
Advertising---$1,129
Total Functional Expenses$0$0$0$734,375
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
Lobbying 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
Yes
Annual disclosure for covered persons
Yes
Audit committee
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
Yes
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, Line 6: Explanation of Classes of Members or Shareholder

A member is an individual who owns real property within the service area of the Company and who has applied for and received a water tap.

Form 990, Part VI, Line 7A: How Members or Shareholders Elect Governing Body

All members are invited to the annual meeting. At that meeting, members vote to elect the Board of Directors for the year.

Form 990, Part VI, Line 11B: Form 990 Review Process

The Board is provided a copy of the Form 990 for the individual Board Members review. At the Board Meeting, prior to the due date of the 990, the Board will approve the 990 based on a majority vote. After the Board approves the 990, the Board President or other authorized director will sign the return.

Form 990, Part VI, Line 12C: Explanation of Monitoring and Enforcement of Conflicts

The Organization's attorney monitors the transactions being discussed at board meetings. In addition, an annual meeting is held in which members may review and discuss any conflicts.

Form 990, Part VI, Line 15A: Compensation Review & Approval Process - CEO, Top Management

The Board reviews the Manager's compensation and determines if it is reasonable based on comparable wages in the area and the Managers expertise and duties assigned.

Form 990, Part VI, Line 15B: Compensation Review and Approval Process for Officers and Key Employees

15a) An independent study of comparable positions was done prior to hiring the Executive Director.

Form 990, Part VI, Line 19: Other Organization Documents Publicly Available

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

Filing and Contact Details

Filer

Filer Name
Animas Water Company
EIN
93-0604235
Phone
9702594788
Address
PO Box 1012, Durango, CO 81302

Signing Officer

Name
Joe Bishop
Title
President
Signed
2017-05-09
Discuss with paid preparer
Yes

Organization Details

Formed
1973
Legal Domicile
Co
Voting Board Members
5
Independent Board Members
5
Employees
5

Preparer

Firm
FredrickZink & Associates PC CPAs
Address
954 East 2nd Avenue 201, Durango, CO 81301-5111
Preparer
Michelle Sainio
Phone
9702470506
Supplemental Narrative

Additional Explanations

Other Changes In Net Assets Or Fund Balances - Other Increases

New member investments = $60500

Raw XML Appendix384 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/ProfessionalFundraisingInd0false
IRS990/ProgramServiceRevenueGrp/BusinessCd0221000
IRS990/ProgramServiceRevenueGrp/Desc0Sales - Domestic Water
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt0728341
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt0728341
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYExcessBenefitTransInd0false
IRS990/PYInvestmentIncomeAmt04518
IRS990/PymtTravelEntrtnmntPubOfclGrp/TotalAmt00
IRS990/PYOtherExpensesAmt0372250
IRS990/PYOtherRevenueAmt038784
IRS990/PYProgramServiceRevenueAmt0653818
IRS990/PYRevenuesLessExpensesAmt0744
IRS990/PYSalariesCompEmpBnftPaidAmt0324126
IRS990/PYTotalExpensesAmt0696376
IRS990/PYTotalRevenueAmt0697120
IRS990/RcvblFromDisqualifiedPrsnGrp/EOYAmt00
IRS990/ReceivablesFromOfficersEtcGrp/EOYAmt00
IRS990/ReconcilationRevenueExpnssAmt052326
IRS990/RegularMonitoringEnfrcInd0true
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0false
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RoyaltiesGrp/TotalAmt00
IRS990/RoyaltiesRevenueGrp/TotalRevenueColumnAmt00
IRS990/RtnEarnEndowmentIncmOthFndsGrp/BOYAmt0583725
IRS990/RtnEarnEndowmentIncmOthFndsGrp/EOYAmt0639612
IRS990/SavingsAndTempCashInvstGrp/BOYAmt0942761
IRS990/SavingsAndTempCashInvstGrp/EOYAmt01201853
IRS990/ScheduleBRequiredInd0false
IRS990ScheduleD/EquipmentGrp/BookValueAmt048684
IRS990ScheduleD/EquipmentGrp/DepreciationAmt036786
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt085470
IRS990ScheduleD/LandGrp/BookValueAmt02698
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt02698
IRS990ScheduleD/LeaseholdImprovementsGrp/BookValueAmt091467
IRS990ScheduleD/LeaseholdImprovementsGrp/DepreciationAmt016235
IRS990ScheduleD/LeaseholdImprovementsGrp/OtherCostOrOtherBasisAmt0107702
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt02816132
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt02963715
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt05779847
IRS990ScheduleD/TotalBookValueLandBuildingsAmt02958981
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0A member is an individual who owns real property within the service area of the Company and who has applied for and received a water tap.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1All members are invited to the annual meeting. At that meeting, members vote to elect the Board of Directors for the year.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2The Board is provided a copy of the Form 990 for the individual Board Members review. At the Board Meeting, prior to the due date of the 990, the Board will approve the 990 based on a majority vote. After the Board approves the 990, the Board President or other authorized director will sign the return.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3The Organization's attorney monitors the transactions being discussed at board meetings. In addition, an annual meeting is held in which members may review and discuss any conflicts.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4The Board reviews the Manager's compensation and determines if it is reasonable based on comparable wages in the area and the Managers expertise and duties assigned.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt515a) An independent study of comparable positions was done prior to hiring the Executive Director.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6The organization makes its governing documents and financial statements available to the public upon request by the public.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt7New member investments = $60500
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990, Part VI, Line 6: Explanation of Classes of Members or Shareholder
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990, Part VI, Line 7a: How Members or Shareholders Elect Governing Body
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Form 990, Part VI, Line 11b: Form 990 Review Process
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Form 990, Part VI, Line 12c: Explanation of Monitoring and Enforcement of Conflicts
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Form 990, Part VI, Line 15a: Compensation Review & Approval Process - CEO, Top Management
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5Form 990, Part VI, Line 15b: Compensation Review and Approval Process for Officers and Key Employees
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6Form 990, Part VI, Line 19: Other Organization Documents Publicly Available
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc7Other Changes In Net Assets Or Fund Balances - Other Increases
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/SubjectToProxyTaxInd0false
IRS990/TaxableDistributionsInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TempOrPermanentEndowmentsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt04876421
IRS990/TotalAssetsEOYAmt04990682
IRS990/TotalAssetsGrp/BOYAmt04876421
IRS990/TotalAssetsGrp/EOYAmt04990682
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalContributionsAmt00
IRS990/TotalEmployeeCnt05
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt00
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt00
IRS990/TotalFunctionalExpensesGrp/TotalAmt0734375
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt018209
IRS990/TotalLiabilitiesEOYAmt016084
IRS990/TotalLiabilitiesGrp/BOYAmt018209
IRS990/TotalLiabilitiesGrp/EOYAmt016084
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt04858212
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt04974598
IRS990/TotalProgramServiceRevenueAmt0728341
IRS990/TotalReportableCompFromOrgAmt084325
IRS990/TotalRevenueGrp/ExclusionAmt08349
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt0778352
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0786701
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt04876421
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt04990682
IRS990/TransactionWithControlEntInd0false
IRS990/TravelGrp/TotalAmt012315
IRS990/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/UponRequestInd0X
IRS990/VotingMembersGoverningBodyCnt05
IRS990/VotingMembersIndependentCnt05
IRS990/WebsiteAddressTxt0www.animaswatercompany.com
IRS990/WhistleblowerPolicyInd0true
ReturnHeader/BuildTS02017-02-10 21:41:12Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0Joe Bishop
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0President
ReturnHeader/BusinessOfficerGrp/SignatureDt02017-05-09
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0Animas Water Company
ReturnHeader/Filer/BusinessNameControlTxt0ANIM
ReturnHeader/Filer/EIN0930604235
ReturnHeader/Filer/PhoneNum09702594788
ReturnHeader/Filer/USAddress/AddressLine1Txt0PO Box 1012
ReturnHeader/Filer/USAddress/CityNm0Durango
ReturnHeader/Filer/USAddress/StateAbbreviationCd0CO
ReturnHeader/Filer/USAddress/ZIPCd081302
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0FredrickZink & Associates PC CPAs
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0954 East 2nd Avenue 201
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0Durango
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0CO
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd0813015111
ReturnHeader/PreparerPersonGrp/PhoneNum09702470506
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0Michelle Sainio
ReturnHeader/ReturnTs02017-05-09T10:49:32-07:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02016-01-01
ReturnHeader/TaxPeriodEndDt02016-12-31
ReturnHeader/TaxYr02016

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2023Summary only. Only limited summary data is available for this year.$6.43$0.17$6.26$1.32$1.07$0.24
2022Facts available. Structured filing facts are available, but richer extracted sections are limited.$6.09$0.08$6.01$1.08$1.01$0.07
2021Facts available. Structured filing facts are available, but richer extracted sections are limited.$6.00$0.06$5.94$1.03$0.86$0.17
2020Summary only. Only limited summary data is available for this year.$5.79$0.02$5.77$1.11$0.79$0.32
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$5.34$0.02$5.32$0.85$0.84$0.01
2018Facts available. Structured filing facts are available, but richer extracted sections are limited.$5.23$0.01$5.21$0.84$0.83$0.01
2017Summary only. Only limited summary data is available for this year.$5.11$0.02$5.08$0.79$0.76$0.03
2016Detailed filing. Detailed filing data is available for this year.$4.99$0.02$4.97$0.79$0.73$0.05
2015Detailed filing. Detailed filing data is available for this year.$4.88$0.02$4.86$0.70$0.70$0.00
2014Detailed filing. Detailed filing data is available for this year.$4.75$0.02$4.73$0.75$0.70$0.05
2013Detailed filing. Detailed filing data is available for this year.$4.57$0.01$4.56$0.72$0.70$0.02
2012Summary only. Only limited summary data is available for this year.$4.44$0.01$4.43$0.73$0.71$0.02
2011Summary only. Only limited summary data is available for this year.$4.38$0.02$4.36$0.62$0.65$0.02