Civic Intelligence

Summit Mutual Water Company

990EZ • Fiscal year 2019 • EIN 94-1640249

Jan 01, 2019 to Dec 31, 2019 • Filed on Apr 06, 2020

Organization ProfileN/A
P O Box 1699Los Gatos, CA 95031

(408) 806-4308

Siviq Scores

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

Liabilities / Assets

87th percentile

0.09x

Higher debt load relative to assets than 87% of similar nonprofits.

2019 filings • 501(c)5 • <$500k nonprofits • Source year 2019

Liabilities / Revenue

91st percentile

0.14x

Higher debt load relative to revenue than 91% of similar nonprofits.

2019 filings • 501(c)5 • <$500k nonprofits • Source year 2019

Net Margin

4th percentile

-46%

Higher net margin than 4% of similar nonprofits.

2019 filings • 501(c)5 • <$500k nonprofits • Source year 2019

Top Officer Pay

48th percentile

$0

Higher top officer pay than 48% of similar nonprofits.

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

2019 filings • 501(c)5 • <$500k nonprofits • Source year 2019

Asset Growth

9th percentile

-24%

Faster asset growth than 9% of similar nonprofits.

2019 filings • 501(c)5 • <$500k nonprofits • Annualized from 2018 to 2019

Revenue Growth

2nd percentile

-62%

Faster revenue growth than 2% of similar nonprofits.

2019 filings • 501(c)5 • <$500k nonprofits • Annualized from 2018 to 2019

Balance Sheet
Liabilities / Assets87th percentile

Assets

Down

$198,057

Down $63,443 (-24%) from 2018

Net Assets

Down

$180,973

Down $55,653 (-24%) from 2018

Liabilities

Down

$17,084

Down $7,790 (-31%) from 2018

Revenue And Expenses
Liabilities / Revenue91st percentileNet Margin4th percentile

Revenue

Down

$121,383

Down $198,960 (-62%) from 2018

Expenses

Down

$177,036

Down $128,073 (-42%) from 2018

Net Income

Down

-$55,653

Down $70,887 (-465%) from 2018

Historical Trend

Balance Sheet Trend

Asset Growth9th percentile

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

$600K$400K$200K$0Assets 2017: $282,944Net Assets 2017: $282,9442017Assets 2018: $261,500Liabilities 2018: $24,874Net Assets 2018: $236,6262018Assets 2019: $198,057Liabilities 2019: $17,084Net Assets 2019: $180,9732019Assets 2020: $209,650Liabilities 2020: $9,472Net Assets 2020: $200,1782020Assets 2021: $260,168Liabilities 2021: $0Net Assets 2021: $260,1682021Assets 2022: $289,445Liabilities 2022: $0Net Assets 2022: $289,4452022Assets 2023: $341,692Liabilities 2023: $0Net Assets 2023: $341,6922023Assets 2024: $430,229Liabilities 2024: $0Net Assets 2024: $430,2292024

Highlighted filing

2019

Assets$198,057
Liabilities$17,084
Net Assets$180,973
Open 2019 Filing

Operations Trend

Revenue Growth2nd percentile

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

$400K$300K$200K$100K$0-$100KRevenue 2017: $164,784Expenses 2017: $199,002Net Income 2017: -$34,2182017Revenue 2018: $320,343Expenses 2018: $305,109Net Income 2018: $15,2342018Revenue 2019: $121,383Expenses 2019: $177,036Net Income 2019: -$55,6532019Revenue 2020: $155,535Expenses 2020: $136,330Net Income 2020: $19,2052020Revenue 2021: $169,665Expenses 2021: $109,675Net Income 2021: $59,9902021Revenue 2022: $158,903Expenses 2022: $129,626Net Income 2022: $29,2772022Revenue 2023: $173,378Expenses 2023: $121,131Net Income 2023: $52,2472023Revenue 2024: $212,486Expenses 2024: $123,949Net Income 2024: $88,5372024

Highlighted filing

2019

Revenue$121,383
Expenses$177,036
Net Income-$55,653
Open 2019 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2019 to Dec 31, 2019
Signed
Apr 6, 2020
Return Version
2019v5.0
Gross Receipts
$121,383
Mission and Program Overview

Mission

Provide water for the summit woods homeowners

Program Services

DescriptionGrantsExpenses
THE COMPANY PROVIDED WATER--
Compensation and Service Providers
Top Officer Pay48th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
ART HUNTChairman-$0--
CATHERINE KUNGSecretary-$0--
SUSAN HEIMSOTHTreasurer-$0--
Filing and Contact Details

Filer

Filer Name
Summit Mutual Water Company
EIN
94-1640249
Phone
4088064308
Address
P O BOX 1699, LOS GATOS, CA 95031

Signing Officer

Name
Art Hunt
Title
Chairman
Signed
2020-04-06
Discuss with paid preparer
Yes

Preparer

Firm
Thomas R Lindsay CPA
Address
230 Mt Hermon Road 204, Scotts Valley, CA 95066
Preparer
Thomas R Lindsay
Phone
8314381524
Supplemental Narrative

Additional Explanations

Other Expenses.1001

“Advertising and Promotion $49”

Other Expenses.1007

“Conferences, Conventions, and Meetings $248”

Other Expenses.1009

“Depreciation $34512”

Other Expenses.1012

“Insurance $5337”

Other Expenses.1

“Operations and maintenance $60711”

Other Expenses.2

“SYSTEM UPGRADES $51904”

Other Expenses.3

“UTILITIES $16606”

Other Expenses.4

“BOOKKEEPING $3025”

Other Expenses.5

“Board meeting expense $1849”

Other Expenses.6

“LICENSES & PERMITS $1626”

Other Expenses.8

“ADMINISTRATION $100”

Other Expenses.9

“TAXES $30”

Other Assets.1003

“Machinery and Equipment - Beginning $127841 Machinery and Equipment - Ending $95760”

Other Assets.1004

“Miscellaneous - Beginning $4265 Miscellaneous - Ending $4265”

Total Liabilities.1008

“Unsecured Notes and Loans Payable - Beginning $24874 Unsecured Notes and Loans Payable - Ending $17084”

Raw XML Appendix133 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/PersonNm0SUSAN HEIMSOTH
IRS990EZ/BooksInCareOfDetail/PhoneNum04088064308
IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt024095 SUMMIT WOODS DR
IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0LOS GATOS
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0CA
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd095033
IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt095165
IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt066234
IRS990EZ/ChgMadeToOrgnzngDocNotRptInd0false
IRS990EZ/CostOfGoodsSoldAmt00
IRS990EZ/CostOrOtherBasisExpenseSaleAmt00
IRS990EZ/DonorAdvisedFndsInd0false
IRS990EZ/ExcessOrDeficitForYearAmt0-55653
IRS990EZ/FeesAndOtherPymtToIndCntrctAmt0790
IRS990EZ/ForeignFinancialAccountInd0false
IRS990EZ/ForeignOfficeInd0false
IRS990EZ/Form1120PolFiledInd0false
IRS990EZ/Form990TotalAssetsGrp/BOYAmt0261500
IRS990EZ/Form990TotalAssetsGrp/EOYAmt0198057
IRS990EZ/FundraisingGrossIncomeAmt00
IRS990EZ/GrossReceiptsAmt0121383
IRS990EZ/InfoInScheduleOPartIIInd0X
IRS990EZ/InfoInScheduleOPartIInd0X
IRS990EZ/LandAndBuildingsGrp/BOYAmt034229
IRS990EZ/LandAndBuildingsGrp/EOYAmt031798
IRS990EZ/MadeLoansToFromOfficersInd0false
IRS990EZ/MethodOfAccountingCashInd0X
IRS990EZ/NetAssetsOrFundBalancesBOYAmt0236626
IRS990EZ/NetAssetsOrFundBalancesEOYAmt0180973
IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt0236626
IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt0180973
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0ART HUNT
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm1CATHERINE KUNG
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm2SUSAN HEIMSOTH
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0Chairman
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1Secretary
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2Treasurer
IRS990EZ/OperateHospitalInd0false
IRS990EZ/Organization501cInd0X
IRS990EZ/OrganizationDissolvedEtcInd0false
IRS990EZ/OrganizationHadUBIInd0false
IRS990EZ/OtherAssetsTotalDetail/BOYAmt0132106
IRS990EZ/OtherAssetsTotalDetail/EOYAmt0100025
IRS990EZ/OtherExpensesTotalAmt0175997
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt0NONE
IRS990EZ/PartVIOfCompOfHghstPdEmplTxt0NONE
IRS990EZ/PoliticalCampaignActyInd0false
IRS990EZ/PrimaryExemptPurposeTxt0PROVIDE WATER FOR THE SUMMIT WOODS HOMEOWNERS
IRS990EZ/PrintingPublicationsPostageAmt0249
IRS990EZ/ProgramServiceRevenueAmt0121383
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0THE COMPANY PROVIDED WATER
IRS990EZ/ProhibitedTaxShelterTransInd0false
IRS990EZ/RelatedOrganizationCtrlEntInd0false
IRS990EZ/ScheduleBNotRequiredInd0X
IRS990EZ/SpecialEventsDirectExpensesAmt00
IRS990EZ/SubjectToProxyTaxInd0false
IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt024874
IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt017084
IRS990EZ/TanningServicesProvidedInd0false
IRS990EZ/TaxImposedOnOrganizationMgrAmt00
IRS990EZ/TaxImposedUnderIRC4911Amt00
IRS990EZ/TaxImposedUnderIRC4912Amt00
IRS990EZ/TaxImposedUnderIRC4955Amt00
IRS990EZ/TaxReimbursedByOrganizationAmt00
IRS990EZ/TotalExpensesAmt0177036
IRS990EZ/TotalRevenueAmt0121383
IRS990EZ/TransactionWithControlEntInd0false
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990EZ/WebsiteAddressTxt0N/A
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0Advertising and Promotion $49
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1Conferences, Conventions, and Meetings $248
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2Depreciation $34512
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3Insurance $5337
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4OPERATIONS AND MAINTENANCE $60711
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5SYSTEM UPGRADES $51904
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6UTILITIES $16606
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt7BOOKKEEPING $3025
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt8BOARD MEETING EXPENSE $1849
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt9LICENSES & PERMITS $1626
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt10ADMINISTRATION $100
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt11TAXES $30
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt12Machinery and Equipment - Beginning $127841 Machinery and Equipment - Ending $95760
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt13Miscellaneous - Beginning $4265 Miscellaneous - Ending $4265
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt14Unsecured Notes and Loans Payable - Beginning $24874 Unsecured Notes and Loans Payable - Ending $17084
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Other Expenses.1001
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Other Expenses.1007
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Other Expenses.1009
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Other Expenses.1012
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Other Expenses.1
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5Other Expenses.2
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6Other Expenses.3
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc7Other Expenses.4
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc8Other Expenses.5
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc9Other Expenses.6
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc10Other Expenses.8
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc11Other Expenses.9
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc12Other Assets.1003
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc13Other Assets.1004
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc14Total Liabilities.1008
ReturnHeader/BuildTS02021-01-29 14:40:06Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0ART HUNT
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0Chairman
ReturnHeader/BusinessOfficerGrp/SignatureDt02020-04-06
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0SUMMIT MUTUAL WATER COMPANY
ReturnHeader/Filer/BusinessNameControlTxt0SUMM
ReturnHeader/Filer/EIN0941640249
ReturnHeader/Filer/PhoneNum04088064308
ReturnHeader/Filer/USAddress/AddressLine1Txt0P O BOX 1699
ReturnHeader/Filer/USAddress/CityNm0LOS GATOS
ReturnHeader/Filer/USAddress/StateAbbreviationCd0CA
ReturnHeader/Filer/USAddress/ZIPCd095031
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0770459665
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0Thomas R Lindsay CPA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0230 Mt Hermon Road 204
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0Scotts Valley
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0CA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd095066
ReturnHeader/PreparerPersonGrp/PhoneNum08314381524
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0THOMAS R LINDSAY
ReturnHeader/PreparerPersonGrp/SelfEmployedInd0X
ReturnHeader/ReturnTs02020-04-06T12:10:21-07:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02019-01-01
ReturnHeader/TaxPeriodEndDt02019-12-31
ReturnHeader/TaxYr02019

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2019 • Form 990EZDetailed filing. Detailed filing data is available for this year.

Open filing
Assets
$198,057
Liabilities
$17,084
Net assets
$180,973
Revenue
$121,383
Expenses
$177,036
Net income
-$55,653
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$4.30$0.00$4.30$2.12$1.24$0.89
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$3.42$0.00$3.42$1.73$1.21$0.52
2022XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2.89$0.00$2.89$1.59$1.30$0.29
2021Detailed filing. Detailed filing data is available for this year.$2.60$0.00$2.60$1.70$1.10$0.60
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2.10$0.09$2.00$1.56$1.36$0.19
2019Detailed filing. Detailed filing data is available for this year.$1.98$0.17$1.81$1.21$1.77$0.56
2018Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.62$0.25$2.37$3.20$3.05$0.15
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2.83$2.83$1.65$1.99$0.34