Parthenon Water Association Inc is located in Parthenon, AR. The organization was established in 1984. According to its NTEE Classification (W80) the organization is classified as: Public Utilities, under the broad grouping of Public & Societal Benefit and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Parthenon Water Association Inc is a 501(c)(4) and as such, is described as a "Civic League, Social Welfare Organization, and Local Association of Employees" by the IRS.
For the year ending 12/2022, Parthenon Water Association Inc generated $54.5k in total revenue. The organization has seen a slow decline revenue. Over the past 8 years, revenues have fallen by an average of (0.8%) each year. All expenses for the organization totaled $61.5k during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3
TO PROVIDE POTABLE WATER TO RURAL COMMUNITY
| Name (title) | Role | Hours | Compensation | 
|---|---|---|---|
| Shawn Willis President | 1 | $0 | |
| Nancy Morgan Board Member | 0 | $0 | |
| Denton James Board Member | 0 | $0 | |
| Jim Randy Laverty Secretary | 0 | $0 | |
| Donald White Board Member | 0 | $0 | 
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 | 
| Total Program Service Revenue | $90,818 | 
| Membership dues | $0 | 
| Investment income | $387 | 
| Gain or Loss | $0 | 
| Net Income from Gaming & Fundraising | $0 | 
| Other Revenue | $0 | 
| Total Revenue | $54,472 | 
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 | 
| Benefits paid to or for members | $0 | 
| Salaries, other compensation, and employee benefits | $0 | 
| Professional fees and other payments to independent contractors | $0 | 
| Occupancy, rent, utilities, and maintenance | $0 | 
| Printing, publications, postage, and shipping | $0 | 
| Other expenses | $61,529 | 
| Total expenses | $61,529 | 
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $91,106 | 
| Other assets | $0 | 
| Total assets | $315,436 | 
| Total liabilities | $35,727 | 
| Net assets or fund balances | $279,709 |