STURDIVANT-PROGRESS WATER SUPPLY CORPORA
Pub 78

STURDIVANT-PROGRESS WATER SUPPLY CORPORA
Pub 78

MINERAL WELLS, TX, US
501(c)(12)
EIN
75-1220118

STURDIVANT-PROGRESS WATER SUPPLY CORPORA
Pub 78

MINERAL WELLS, TX, US
501(c)(12)
EIN
75-1220118

Balance Sheet

Fiscal Year Start:
Jan 1
Assets in 2024 (Year End)

$2,475,603

Cash & Equivalents
49%
Property, Plant, & Equipment (net)
36%
Inventories
7%
Receivables (Non-Related)
7%
Prepaid Expenses
1%
Related-Party Receivables
0%
Investments
0%
Other Assets
0%
Liabilities in 2024 (Year End)

$25,688

Payables & Accruals
86%
Notes Payable / Debt (Non-Related)
14%
Grants Payable
0%
Deferred Revenue
0%
Tax-Exempt Bond Liabilities
0%
Custodial & Escrow Liabilities
0%
Related-Party Payables
0%
Other Liabilities
0%
Assets
2023
2024
Change
Cash & Equivalents
$1,008,007
$1,212,475
+20%
Receivables (Non-Related)
$184,626
$177,318
-4%
Related-Party Receivables
-
$0
-
Inventories
$151,375
$179,308
+18%
Prepaid Expenses
$18,550
$25,314
+36%
Investments
-
$0
-
Property, Plant, & Equipment (net)
$913,534
$881,188
-4%
Other Assets
-
$0
-
Total Assets
$2,276,092
$2,475,603
+9%
Liabilities
2023
2024
Change
Payables & Accruals
$109,706
$22,199
-80%
Grants Payable
-
-
-
Deferred Revenue
-
-
-
Tax-Exempt Bond Liabilities
-
-
-
Custodial & Escrow Liabilities
-
-
-
Notes Payable / Debt (Non-Related)
$10,467
$3,489
-67%
Related-Party Payables
-
-
-
Other Liabilities
-
-
-
Total Liabilities
$120,173
$25,688
-79%
Net assets
2023
2024
Change
Restricted Net Assets
N/A
N/A
N/A
Unrestricted Net Assets
N/A
N/A
N/A
Net assets
2023
2024
Change
Net assets
+$2,155,919
+$2,449,915
+14%
Balance Sheet
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