2026-09-14T16:15:53-05:00 2025-12-31 640897081 MATTHEWS CUTRER & LINDSAY PA 1020 HIGHLAND COLONY PKWY 500 RIDGELAND MS 39157 990 2025-01-01 261570909 QUIET WATERS MINISTRIES INC QUIE 6015940148 PO BOX 2247 MADISON MS 39130 CAROL MATHENY TREASURER 6015940148 2026-09-06 1 WILLIAM P MCCOY CPA P01350453 6018988875 2026-09-06 2025 CAROL MATHENY PO BOX 2247 MADISON MS 39130 778940 0 X WWW.QUIETWATERS-MS.ORG X 2008 MS TO GLORIFY GOD AS WE SERVE PEOPLE LIVING WITH DISABILITIES, DISEASES, AND DISORDERS. 7 6 3 700 0 0 886379 589974 45470 141685 61 407 0 545 931910 732611 0 0 0 0 169905 189282 0 0 37441 139273 425308 309178 614590 622732 118021 904705 2124802 0 1084146 904705 1040656 X TO GLORIFY GOD AS WE COME ALONGSIDE CHRIST-HONORING CHURCHES TO SERVE PEOPLE LIVING WITH DISABILITIES, DISEASES, AND DISORDERS. 0 0 445153 142230 QUIET WATERS MINISTRIES OPERATES AS A CAMP AND RECREATIONAL FACILITY TO PROVIDE A BIBLICAL BASED MINISTRY FOR PERSONS WITH DISABILITIES. THE THREE MAJOR PROGRAM SERVICES ARE RETREATS, RESPITE, AND RESTORATION. IN OUR CURRENT FACILITY, WE ARE ABLE TO SERVE 12 PARTICIPANTS IMPACTED BY DISABILITY AT A TIME AT EACH RESPITE CARE OPPORTUNITY. WE HOST YEAR-ROUND RESPITE CARE WITH OVER 30 DAYTIME OPPORTUNITIES FOR FAMILIES AND 4 OVERNIGHT WEEKENDS THROUGHOUT THE YEAR. OUR RESPITE CARE OPPORTUNITIES ARE AVAILABLE FOR ALL AGES OF INDIVIDUALS IMPACTED BY DISABILITY. WE HOST AN AVERAGE OF 4 RETREATS PER YEAR WHICH ARE 3 AT OUR CURRENT FACILITY AND 1 AT A RENTED FACILITY. OUR LARGEST RETREAT SERVES OVER 50 FAMILIES IMPACTED BY DISABILITY OVER A 5-DAY RETREAT. FOR RESTORATION, WE OFFER YEAR ROUND COUNSELING FOR ANYONE IMPACTED BY DISEASE, DISABILITY, OR DISORDERS. WE ALSO HOST AN ANNUAL COMMUNITY EVENT SERVING AROUND 1,000 PEOPLE AND AN ANNUAL WOMEN'S EVENT SERVING AROUND 35 MOTHERS. FINALLY, WE HAVE WEEKLY HOSPITAL VISITS AND HOLIDAY VISITS FOR AROUND 100 FAMILIES AT EACH MAJOR HOLIDAY. WE CARRY OUT ALL OPERATIONS THROUGH MINIMAL STAFF, COMMUNITY CONNECTIONS, CHURCH INVOLVEMENT, AND OVER 700 VOLUNTEERS IN 2025. 445153 1 1 0 0 0 0 0 0 0 0 1 0 0 0 0 0 1 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 1 0 0 1 0 0 0 0 0 0 0 0 1 18 0 1 3 1 0 0 0 0 0 0 0 0 0 0 0 0 X 7 6 1 0 0 0 0 0 0 1 1 0 0 1 1 1 1 0 0 1 1 0 MS X THE ORGANIZATION 6015940148 PO BOX 2247 MADISON MS 39130 ROD RUSS BOARD MEMBER 1.00 X 0 0 0 BETH MACNEILL BOARD MEMBER 1.00 X 0 0 0 MYRA PENN BOARD MEMBER 1.00 X 0 0 0 PEGGY MCKEY BOARD MEMBER 1.00 X 0 0 0 MOLLY MILLER CHAIRPERSON 1.00 X X 0 0 0 RICK BENSON SECRETARY 1.00 X X 0 0 0 CAROL MATHENY TREASURER 1.00 X X 0 0 0 MARTIE KWASNY EXECUTIVE DIRECTOR 40.00 X 100000 0 1200 100000 0 1200 0 0 0 0 CAMP MCDOWELL 105 DELONG ROAD NAUVOO AL 35578 RETREAT RENTALS 129181 1 116281 473693 38784 589974 RETREAT INCOME 900099 98200 98200 RESPITE INCOME 900099 28365 28365 RESTORATION INCOME 900099 15120 15120 141685 407 407 46329 116281 46329 0 MISCELLANEOUS INCOME 900099 545 545 545 732611 142230 0 407 100000 80509 9602 9889 74442 59933 7148 7361 14840 12614 1187 1039 19203 19203 17518 17518 1837 1837 36338 27500 8838 24137 10745 13018 374 10628 8989 607 1032 9493 4897 4596 364 306 58 78751 78751 9865 8385 789 691 20545 17463 1644 1438 RETREAT RENTAL FEES 134075 134075 PROGRAM EXPENSES 41314 41314 REPAIRS AND MAINTENANCE 17822 15148 1426 1248 MEALS 3418 2541 877 614590 445153 131996 37441 218214 160590 232167 52012 24883 21322 2009243 143248 454324 1865995 904705 2124802 35303 1048843 0 1084146 X 892960 1009896 11745 30760 904705 1040656 904705 2124802 118021 17930 0 X X 0 1 X 1 0 X 182224 140139 225272 886379 589974 2023988 182224 140139 225272 886379 589974 2023988 168533 1855455 61 407 468 2024456 244202 0.91650 0.88320 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 1686536 1686536 301960 129441 172519 20747 13807 6940 1865995 778940 46329 46329 732611 0 732611 660919 46329 46329 614590 0 614590 PART XI, LINE 2D - OTHER ADJUSTMENTS: FUNDRAISING EXPENSES 46,329. PART XII, LINE 2D - OTHER ADJUSTMENTS: FUNDRAISING EXPENSES 46,329. GOLF TOURNAMENT 52519 40593 11926 11926 NIGHT OF JOY 97941 69558 28383 28383 2 12150 6130 6020 6020 162610 116281 46329 46329 46329 0 PEGGY MCVEY BOARD MEMBER 14768 INTEREST ON TEMPORAY LOAN WHILE PERMANENT FINANCING WAS SECURED. 0 X 28301 FMV X 1 10403 FMV 0 0 0 FORM 990, PART VI, SECTION A, LINE 2 PEGGY MCKEY (BOARD) IS THE MOTHER OF CAROL MATHENY (BOARD). MYRA PENN (BOARD) IS THE SISTER OF MARTIE KWASNY (EXECUTIVE DIRECTOR). RICK BENSON (BOARD) FATHER-IN-LAW OF VICTORIA BENSON (DIRECTOR OF MINISTRY OPERATIONS). VICTORIA BENSON (DIRECTOR OF MINISTRY OPERATIONS) IS THE DAUGHTER OF MARTIE KWASNY (ED). FORM 990, PART VI, SECTION B, LINE 11B A DRAFT OF FORM 990 IS SENT TO ALL BOARD MEMBERS. FORM 990 IS REVIEWED AND ANY QUESTIONS THAT ARISE FROM THE COMMITTEE OR BOARD MEMBERS ARE ANSWERED AND/OR CLEARED PRIOR THE FILING OF THE RETURN. FORM 990, PART VI, SECTION B, LINE 12C THE CONFLICT OF INTEREST POLICY IS PROVIDED TO ALL THE BOARD MEMBERS ANNUALLY. IT IS REVISED AND ANY NECESSARY DISCLOSURES ARE MADE ANNUALLY. ANY CONFLICT OF INTEREST THAT ARISES IS RESOLVED BY THE EXECUTIVE DIRECTOR AND/OR THE BOARD OF DIRECTORS AND WILL BE RECORDED IN THE OFFICIAL BOARD MINUTES. FORM 990, PART VI, SECTION B, LINE 15 COMPENSATION IS SUBJECT TO PERIODIC REVIEWS TO DETERMINE IF COMPENSATION ARRANGEMENTS ARE REASONABLE. ANY SALARY ADJUSTMENT MAY BE REVIEWED BY OUTSIDE ADVISORS TO ENSURE THE ORGANIZATION IS OPERATING IN A MANNER CONSISTENT WITH SIMILAR CHARITABLE ORGANIZATIONS. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS AVAILABLE TO THE GENERAL PUBLIC UPON REQUEST. PART XII LINE 2C - PROCESS OF COMMITTEE OVERSIGHT OF THE FIN STMT AUDIT THE AUDITOR DELIVERS THE FINANCIAL STATEMENT TO THE BOARD OF DIRECTORS AT THE COMPLETION OF THE AUDIT FOR THE YEAR ANSWERING ANY OF THE BOARD'S QUESTIONS. THE AUDITOR WORKS CLOSELY WITH THE BOARD OF DIRECTORS DURING THE YEAR SHOULD ANY CONCERNS ARISE. FORM 990, PAGE 12, PART XI, LINE 8- PRIOR PERIOD ADJUSTMENTS THE TRANSITION TO THE ACCRUAL METHOD REQUIRED RECORDING ACCOUNTS RECEIVABLE, ACCOUNTS PAYABLE/ACCRUED EXPENSES, AND PREPAID EXPENSES. THE CUMULATIVE EFFECT ON THIS ACCOUNTING CHANGE ON NET ASSETS WITHOUT DONOR RESTRICTIONS AS OF DECEMBER 31, 2024 WAS AN INCREASE OF $17,930 AND AN INCREASE IN PREPAID EXPENSES OF THE AMOUNT.