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Frost Town Water System Inc

Organization summary

Type of Nonprofit

Designated as a Benevolent life insurance associations, irrigation companies, telephone companies, etc., which have a mutually beneficial nature.

Donations to this organization are not tax deductible.

Summary charts: organization finances over time

Revenue
$302k (2024)

Expenses
$203k (2024)

Total Assets
$672k (2024)

Total Liabilities
$66.6k (2024)

Source: Form 990 tax filings from 2011 to 2024

Tax Filings by Year

Form 990 is an information return that most organizations claiming federal tax-exempt status must file yearly with the IRS. Nonprofit Explorer has IRS digitized Form 990 data for filings processed in 2012 and later. If this organization filed an amended return, it may not be reflected below. Duplicate download links may indicate a resubmission or amendment to this organization's original return. Form 990 data is from the IRS.

Fiscal Year Ending Dec.
2024

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$302,177
Expenses
$203,030
Net Income
$99,147
Net Assets
$605,894
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $280,332
92.8%
Investment Income $9,665
3.2%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $12,180
4.0%
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $33,135
16.3%
Professional Fundraising Fees $0
Other Salaries and Wages $29,454
14.5%
Assets/Debt
Total Assets $672,482
Total Liabilities $66,588
Net Assets $605,894
Club or Co-Op Income
Income From Members $280,332
Income From Other Sources $21,845
Compensation
Key Employees and Officers Compensation Related Other
Brenda Jordan (Secretary Treasurer) $24,000 $0 $0
Donald Jordan (Director) $9,135 $0 $0
Curt Meachum (President) $3,290 $0 $0
Karl Borquist (Director) $0 $0 $0
Traci Watts (Director) $0 $0 $0
Debra Bearden (Director) $0 $0 $0
Todd Hutton (Director) $0 $0 $0

Document Links

Fiscal Year Ending Dec.
2023

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$235,554
Expenses
$201,054
Net Income
$34,500
Net Assets
$506,747
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $227,694
96.7%
Investment Income $7,860
3.3%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $32,400
16.1%
Professional Fundraising Fees $0
Other Salaries and Wages $25,635
12.8%
Assets/Debt
Total Assets $901,384
Total Liabilities $394,637
Net Assets $506,747
Club or Co-Op Income
Income From Members $227,694
Income From Other Sources $7,860
Compensation
Key Employees and Officers Compensation Related Other
Brenda Jordan (Secretary Treasurer) $22,800 $0 $0
Donald Jordan (Director) $9,600 $0 $0
Robert Spillers (Vice President) $0 $0 $0
Curt Meachum (President) $0 $0 $0
Karl Borquist (Director) $0 $0 $0
Traci Watts (Director) $0 $0 $0
Debra Bearden (Director) $0 $0 $0

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Fiscal Year Ending Dec.
2022

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$223,782
Expenses
$208,353
Net Income
$15,429
Net Assets
$472,247
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $221,319
98.9%
Investment Income $2,463
1.1%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $30,340
14.6%
Professional Fundraising Fees $0
Other Salaries and Wages $26,576
12.8%
Assets/Debt
Total Assets $884,540
Total Liabilities $412,293
Net Assets $472,247
Club or Co-Op Income
Income From Members $221,319
Income From Other Sources $2,463
Compensation
Key Employees and Officers Compensation Related Other
Brenda Jordan (Secretary Treasurer) $21,600 $0 $0
Donald Jordan (Director) $8,740 $0 $0
Robert Spillers (Vice President) $0 $0 $0
Curt Meachum (President) $0 $0 $0
Karl Borquist (Director) $0 $0 $0
Traci Watts (Director) $0 $0 $0
Debra Bearden (Director) $0 $0 $0

Document Links

Fiscal Year Ending Dec.
2021

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$218,746
Expenses
$212,941
Net Income
$5,805
Net Assets
$456,818
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $216,561
99.0%
Investment Income $2,185
1.0%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $30,200
14.2%
Professional Fundraising Fees $0
Other Salaries and Wages $25,050
11.8%
Assets/Debt
Total Assets $890,495
Total Liabilities $433,677
Net Assets $456,818
Club or Co-Op Income
Income From Members $216,561
Income From Other Sources $2,185
Compensation
Key Employees and Officers Compensation Related Other
Brenda Jordan (Director) $21,610 $0 $0
Donald Jordan (Director) $8,590 $0 $0
Roy Avant (Director) $0 $0 $0
Robert Spillers (Vice President) $0 $0 $0
Curt Meachum (President) $0 $0 $0
Karl Borquist (Director) $0 $0 $0
Traci Tedeton (Director) $0 $0 $0

Document Links

Fiscal Year Ending Dec.
2020

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$211,035
Expenses
$164,963
Net Income
$46,072
Net Assets
$451,013
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $203,521
96.4%
Investment Income $3,314
1.6%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $4,200
2.0%
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $30,205
18.3%
Professional Fundraising Fees $0
Other Salaries and Wages $25,463
15.4%
Assets/Debt
Total Assets $896,724
Total Liabilities $445,711
Net Assets $451,013
Club or Co-Op Income
Income From Members $203,521
Income From Other Sources $7,514
Compensation
Key Employees and Officers Compensation Related Other
Brenda Jordan (Director) $21,675 $0 $0
Donald Jordan (Director) $8,530 $0 $0
Roy Avant (Director) $0 $0 $0
Jay Pierce (Director) $0 $0 $0
Robert Spillers (Vice President) $0 $0 $0
Curt Meachum (President) $0 $0 $0
Karl Borquist (Director) $0 $0 $0

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Fiscal Year Ending Dec.
2019

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$205,077
Expenses
$173,123
Net Income
$31,954
Net Assets
$404,941
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $201,864
98.4%
Investment Income $3,213
1.6%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $27,700
16.0%
Professional Fundraising Fees $0
Other Salaries and Wages $27,067
15.6%
Assets/Debt
Total Assets $861,124
Total Liabilities $456,183
Net Assets $404,941
Club or Co-Op Income
Income From Members $201,864
Income From Other Sources $3,213

Document Links

Fiscal Year Ending Dec.
2018

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$198,118
Expenses
$171,965
Net Income
$26,153
Net Assets
$372,987
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $196,077
99.0%
Investment Income $2,041
1.0%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $21,630
12.6%
Professional Fundraising Fees $0
Other Salaries and Wages $32,468
18.9%
Assets/Debt
Total Assets $844,625
Total Liabilities $471,638
Net Assets $372,987
Club or Co-Op Income
Income From Members $196,077
Income From Other Sources $2,041

Document Links

Fiscal Year Ending Dec.
2017

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$195,959
Expenses
$178,586
Net Income
$17,373
Net Assets
$346,834
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $194,764
99.4%
Investment Income $1,195
0.6%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $21,630
12.1%
Professional Fundraising Fees $0
Other Salaries and Wages $35,250
19.7%
Assets/Debt
Total Assets $830,094
Total Liabilities $483,260
Net Assets $346,834
Club or Co-Op Income
Income From Members $194,764
Income From Other Sources $1,195

Document Links

Fiscal Year Ending Dec.
2016

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$175,423
Expenses
$176,748
Net Income
-$1,325
Net Assets
$324,416
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $174,551
99.5%
Investment Income $872
0.5%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $21,740
12.3%
Professional Fundraising Fees $0
Other Salaries and Wages $31,950
18.1%
Assets/Debt
Total Assets $821,172
Total Liabilities $496,756
Net Assets $324,416
Club or Co-Op Income
Income From Members $174,551
Income From Other Sources $872

Document Links

Fiscal Year Ending Dec.
2015

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$152,887
Expenses
$147,612
Net Income
$5,275
Net Assets
$325,741
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $152,147
99.5%
Investment Income $740
0.5%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $21,600
14.6%
Professional Fundraising Fees $0
Other Salaries and Wages $30,070
20.4%
Assets/Debt
Total Assets $834,794
Total Liabilities $509,053
Net Assets $325,741
Club or Co-Op Income
Income From Members $152,147
Income From Other Sources $740

Document Links

Fiscal Year Ending Dec.
2014

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$142,738
Expenses
$138,412
Net Income
$4,326
Net Assets
$320,466
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $141,819
99.4%
Investment Income $919
0.6%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $21,000
15.2%
Professional Fundraising Fees $0
Other Salaries and Wages $24,117
17.4%
Assets/Debt
Total Assets $841,643
Total Liabilities $521,177
Net Assets $320,466
Club or Co-Op Income
Income From Members $141,819
Income From Other Sources $919

Document Links

Fiscal Year Ending Dec.
2013

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$155,576
Expenses
$155,535
Net Income
$41
Net Assets
$316,140
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $154,036
99.0%
Investment Income $1,540
1.0%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $19,800
12.7%
Professional Fundraising Fees $0
Other Salaries and Wages $16,949
10.9%
Assets/Debt
Total Assets $846,922
Total Liabilities $530,782
Net Assets $316,140
Club or Co-Op Income
Income From Members $154,036
Income From Other Sources $1,540

Document Links

Fiscal Year Ending Dec.
2012

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$143,331
Expenses
$128,486
Net Income
$14,845
Net Assets
$316,099
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $141,765
98.9%
Investment Income $1,566
1.1%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $19,800
15.4%
Professional Fundraising Fees $0
Other Salaries and Wages $6,000
4.7%
Assets/Debt
Total Assets $855,369
Total Liabilities $539,270
Net Assets $316,099
Club or Co-Op Income
Income From Members $141,765
Income From Other Sources $1,566

Document Links

Fiscal Year Ending Dec.
2011

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$145,612
Expenses
$138,021
Net Income
$7,591
Net Assets
$301,254
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $142,865
98.1%
Investment Income $2,747
1.9%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $18,600
13.5%
Professional Fundraising Fees $0
Other Salaries and Wages $6,000
4.3%
Assets/Debt
Total Assets $854,890
Total Liabilities $553,636
Net Assets $301,254
Club or Co-Op Income
Income From Members $142,865
Income From Other Sources $2,747

Document Links

Fiscal Year Ending Dec.
2010

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending Dec.
2009

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending Dec.
2008

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending Dec.
2007

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending Dec.
2006

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending Dec.
2005

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending Dec.
2004

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

About This Data

What Is This Data?

Nonprofit Explorer includes summary data for nonprofit tax returns and full Form 990 documents, in both PDF and digital formats.

The summary data contains information processed by the IRS during the 2012-2019 calendar years; this generally consists of filings for the 2011-2018 fiscal years, but may include older records. This data release includes only a subset of what can be found in the full Form 990s.

In addition to the raw summary data, we link to PDFs and digital copies of full Form 990 documents wherever possible. This consists of separate releases by the IRS of Form 990 documents processed by the agency, which we update regularly.

We also link to copies of audits nonprofit organizations that spent $750,000 or more in Federal grant money in a single fiscal year since 2016. These audits are copied from the Federal Audit Clearinghouse.

Which Organizations Are Here?

Every organization that has been recognized as tax exempt by the IRS has to file Form 990 every year, unless they make less than $200,000 in revenue and have less than $500,000 in assets, in which case they have to file form 990-EZ. Organizations making less than $50,000 don’t have to file either form but do have to let the IRS they’re still in business via a Form 990N "e-Postcard."

Nonprofit Explorer has organizations claiming tax exemption in each of the 27 subsections of the 501(c) section of the tax code, and which have filed a Form 990, Form 990EZ or Form 990PF. Taxable trusts and private foundations that are required to file a form 990PF are also included. Small organizations filing a Form 990N "e-Postcard" are not included in this data.

Types of Nonprofits

There are 27 nonprofit designations based on the numbered subsections of section 501(c) of the tax code. See the list »

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For those interested in acquiring the original data from the source, here’s where our data comes from:

  • Raw filing data. Includes EINs and summary financials as structured data.
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  • Audits. PDFs of single or program-specific audits for nonprofit organizations that spent $750,000 or more in Federal grant money in a single fiscal year. Available for fiscal year 2015 and later.

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