The Water Trust Inc
- Assets
- $409.3k
- Revenue
- $1.1m
- Investments
- $0.0
- Employees
- 2
- Location
- New York, NY
- Founding
- 05/2008
- Data as of
- 03/2022
- EIN
- 26-0787621
Organization Overview
The Water Trust Inc is located in New York, NY. The organization was established in 2008. According to its NTEE Classification (P80) the organization is classified as: Centers to Support the Independence of Specific Populations, under the broad grouping of Human Services and related organizations. As of 03/2022, Water Trust Inc employed 2 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Water Trust Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 03/2022, Water Trust Inc generated $1.1m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 19.6% each year . All expenses for the organization totaled $1.3m during the year ending 03/2022. While expenses have increased by 12.5% per year over the past 7 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
EMPOWER THE POOREST RURAL COMMUNITIES IN UGANDA TO PROVIDE THEIR CHILDREN CLEAN, SUSTAINABLE WATER AND HEALTHY, HYGIENIC HOMES.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE WATER TRUST PARTNERS WITH THE POOREST COMMUNITIES IN RURAL UGANDA TO PROVIDE CLEAN, SUSTAINABLE WATER AND A HEALTHY, HYGIENIC ENVIRONMENT FOR CHILDREN AND THEIR FAMILIES TO THRIVE. SINCE 2008, THE WATER TRUST HAS PARTNERED WITH MORE THAN 900 VILLAGES, SCHOOLS, AND HEALTH CENTERS, BENEFITTING MORE THAN 300,000 PEOPLE. THE WATER TRUST REGULARLY MONITORS AND EVALUATES ITS PROGRAMS, ADAPTING ITS APPROACHES AS NECESSARY TO MAXIMIZE IMPACT ON HEALTH AND WELL BEING.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Christopher Prottas Executive Director | Officer | 37 | $126,600 |
Paul Schrimpf Board Chair | OfficerTrustee | 1.5 | $0 |
Ben Andrew Treasurer/secretary | OfficerTrustee | 1.5 | $0 |
Michael Trapanese Director | Trustee | 2 | $0 |
Jeffrey Kaplan Director | Trustee | 2 | $0 |
Jennifer Stoltz Favus Director | Trustee | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $2,000 |
| Related organizations | $0 |
| Government grants | $40,823 |
| All other contributions, gifts, grants, and similar amounts not included above | $1,046,716 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,089,539 |
| Total Program Service Revenue | $0 |
| Investment income | $0 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $1,089,539 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $1,118,500 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $129,467 |
| Compensation of current officers, directors, key employees. | $15,535 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $9,930 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $59,111 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $2,798 |
| Advertising and promotion | $1,023 |
| Office expenses | $2,056 |
| Information technology | $245 |
| Royalties | $0 |
| Occupancy | $4,556 |
| Travel | $2,153 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $25 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $0 |
| All other expenses | $0 |
| Total functional expenses | $1,335,680 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $292,424 |
| Savings and temporary cash investments | $54,896 |
| Pledges and grants receivable | $60,000 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $1,636 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $375 |
| Total assets | $409,331 |
| Accounts payable and accrued expenses | $7,432 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $7,432 |
| Net assets without donor restrictions | $239,408 |
| Net assets with donor restrictions | $162,491 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $409,331 |
Grants Recieved
Over the last fiscal year, we have identified 2 grants that The Water Trust Inc has recieved totaling $30,000.
| Awarding Organization | Amount |
|---|---|
A To Z Impact Foundation Wilmington, DE PURPOSE: GENERAL & UNRESTRICTED | $25,000 |
A To Z Impact Foundation Wilmington, DE PURPOSE: CHARITABLE EVENT | $5,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Council Of Three Rivers American Indian Center Inc Pittsburgh, PA | $2,198,563 | $19,524,702 |
Everas Community Services Inc Somerset, NJ | $31,405,785 | $23,760,269 |
North East Educational And Developmental Supports Center Inc Tewksbury, MA | $8,053,747 | $19,496,777 |
Intercommunity Action Incorporated Philadelphia, PA | $14,614,293 | $19,901,552 |
Spectrum Community Services Inc Allentown, PA | $6,288,427 | $19,062,960 |
Prospectus Associates Inc Reading, PA | $18,973,994 | $22,583,253 |
Handicapped Childrens Association Of Southern New York Inc Johnson City, NY | $15,724,051 | $20,449,293 |
Southern Tier Independence Center Inc Binghamton, NY | $11,429,557 | $17,107,173 |
Rockland Independent Living Center Inc West Nyack, NY | $7,082,649 | $18,562,000 |
New York Association On Independent Living Albany, NY | $7,790,174 | $16,532,510 |
Coalition For The Homeless Inc New York, NY | $43,159,669 | $27,848,334 |
Lesbian And Gay Community Services Center Inc New York, NY | $32,292,978 | $15,100,688 |