Sturdivant-progress Water Supply Corp
Only null% goes to programs Strong reserves Growing revenue
Sturdivant-progress Water Supply Corp is a 501(c)(12) organization based in Mineral Wells, Texas, registered in 2000, with $2,092,835 in FY2024 revenue. CharityIndex grades it B.
241 Village Bend Rd, Mineral Wells, TX, 76067 EIN 75-1220118 Since 2000
Revenue (FY2024)
$2.1M
▲ 8.5% vs prior year
Public Benefit median: $140K
Expenses (FY2024)
$1.8M
Net assets
$2.4M
Employees
—
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
B
★★★★
Rated on 2 of 4 criteria — the rest aren't reported in this filing type.
Held down by its weakest criterion — a strong score on one criterion can't hide a weak one.
How the rating works →—Program efficiency40% of the ratingNo expense breakdown in filings
Measures how much of every dollar spent actually reaches programs, plus what it costs to raise $100 of donations. The worse of the two measures sets the letter (85%+ to programs is an A; under $15 to raise $100 is an A), averaged over the three most recent filings. Not scored for Sturdivant-progress Water Supply Corp— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
AFinancial health25% of the rating16 mo reserves · +14% margin
Measures whether the organization is built to last: how many months its reserves would cover expenses (3+ months earns an A-range score, but hoarding 5+ years of budget is capped) and whether it runs a surplus or a deficit. For Sturdivant-progress Water Supply Corp: 16 mo reserves · +14% margin earns a A on this criterion. See the exact thresholds →
—Governance25% of the ratingNot reported in this filing type
Checks how the organization is run, from its own Form 990: an independent board majority, a board of five or more, conflict-of-interest, whistleblower and document-retention policies, and independently audited financials. The share of disclosed checks that pass sets the letter. Not scored for Sturdivant-progress Water Supply Corp— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
CTransparency10% of the rating2 of 5 disclosure signals
Counts five disclosure signals: a recent filing, a mission statement, program descriptions, a listed website, and the full expense breakdown. More disclosure, better letter. For Sturdivant-progress Water Supply Corp: 2 of 5 disclosure signals earns a C on this criterion. See the exact thresholds →
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A live seal — it updates automatically when the grade changes and links donors to this verified profile.
Contact & location
- Address
- 241 Village Bend Rd, Mineral Wells, TX, 76067
- City
- Mineral Wells
- State
- Texas
- Category
- Public & Societal Benefit
- Subcategory
- Public Utilities
- Website
- …
Financial trends
Revenue grew from $602K (FY2013) to $2.1M (FY2024) across 12 reported years.
Financial snapshot
Financial health & position (FY2024)
Liabilities $26KNet assets $2.4M
Operating margin
14.0%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$2.5M
Total liabilities
$26K
Net assets
$2.4M
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $2,092,835▲8.5% | $1,798,836▲26.2% | $2,449,915▲13.6% | $2,475,603▲8.8% | 990 |
| 2023 | $1,928,156▲40.9% | $1,425,057▲20.8% | $2,155,919▲30.4% | $2,276,092▲31.6% | 990 |
| 2022 | $1,368,039▲19.7% | $1,179,746▲10.1% | $1,652,820▲12.9% | $1,730,091▲11.8% | 990 |
| 2021 | $1,142,433▲5.2% | $1,071,506▲1.8% | $1,464,527▲5.1% | $1,546,915▲6.0% | 990 |
| 2020 | $1,086,053▲15.0% | $1,052,206▲14.4% | $1,393,600▲2.5% | $1,459,673▲4.5% | 990 |
| 2019 | $944,201▼2.2% | $919,385▲5.7% | $1,359,753▲1.9% | $1,396,363▲2.0% | 990 |
| 2018 | $965,554▲5.4% | $870,057▲7.8% | $1,334,937▲7.7% | $1,368,513▲7.5% | 990 |
| 2017 | $916,022▲2.5% | $807,457▲18.2% | $1,239,440▲9.6% | $1,273,617▲9.3% | 990 |
| 2016 | $894,049▼12.5% | $683,314▼20.0% | $1,130,875▲22.9% | $1,165,235▲21.9% | 990 |
| 2015 | $1,021,315▲24.4% | $853,790▲16.4% | $920,140▲22.3% | $955,707▲21.2% | 990 |
| 2014 | $821,188▲36.5% | $733,326▲70.7% | $752,615▲13.2% | $788,522▲11.4% | 990 |
| 2013 | $601,780 | $429,570▼16.9% | $664,753▲35.0% | $707,672▲30.4% | 990 |
| 2012 | — | $517,055▲9.8% | $492,543▲3.2% | $542,718▼2.1% | 990 |
| 2011 | — | $470,737▲0.3% | $477,428▲12.7% | $554,195▲15.8% | 990 |
| 2010 | — | $469,427 | $423,685 | $478,418 | 990 |
Original Form 990 PDFs (the Form column) are served by ProPublica Nonprofit Explorer, as filed with the IRS. Create a free account to download the CSV report.
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Frequently asked questions
- Is Sturdivant-progress Water Supply Corp a legitimate nonprofit?
- Yes. Sturdivant-progress Water Supply Corp is a 501(c)(12) organization registered with the U.S. Internal Revenue Service under EIN 75-1220118, based in Mineral Wells, Texas.
- What is Sturdivant-progress Water Supply Corp's EIN?
- Sturdivant-progress Water Supply Corp's Employer Identification Number (EIN) is 75-1220118.
- How much revenue does Sturdivant-progress Water Supply Corp report?
- Sturdivant-progress Water Supply Corp reported $2,092,835 in total revenue on its fiscal year 2024 IRS Form 990 filing.
- What financial grade does Sturdivant-progress Water Supply Corp have?
- CharityIndex grades Sturdivant-progress Water Supply Corp B, based on financial health (reserves and operating margin).
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Data for Sturdivant-progress Water Supply Corp (EIN 75-1220118) comes from the IRS Business Master File and e-filed Form 990 returns, via CharityIndex. Figures reflect what the organization reported to the IRS for each fiscal year.