Imagine H2o Inc
- Assets
- $3.2m
- Revenue
- $4.3m
- Investments
- $0.0
- Employees
- 9
- Location
- San Francisco, CA
- Founding
- 06/2008
- Data as of
- 12/2022
- EIN
- 26-1453882
Organization Overview
Imagine H2o Inc is located in San Francisco, CA. The organization was established in 2008. According to its NTEE Classification (C30) the organization is classified as: Natural Resources Conservation & Protection, under the broad grouping of Environment and related organizations. As of 12/2022, Imagine H2o Inc employed 9 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Imagine H2o 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 12/2022, Imagine H2o Inc generated $4.3m in total revenue. This organization has experienced exceptional growth, as over the past 8 years, it has increased revenue by an average of 28.4% each year . All expenses for the organization totaled $2.4m during the year ending 12/2022. While expenses have increased by 25.8% per year over the past 8 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.
Since 2014, Imagine H2o Inc has awarded 26 individual grants totaling $786,528. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
IMAGINE H2O EMPOWERS PEOPLE TO DEPLOY AND DEVELOP INNOVATION TO SOLVE WATER CHALLENGES GLOBALLY. THROUGH ITS PROGRAMMING, IMAGINE H2O IDENTIFIES AND SUPPORTS WATER INNOVATORS AND STARTUPS DEMONSTRATING COMMERCIAL VIABILITY AND IMPACT POTENTIAL.
Describe the Organization's Program Activity:
Part 3 - Line 4a
IMAGINE H2O ENVISIONS AND BUILDS SOLUTIONS WITH THE WORLDS BEST WATER ENTREPRENEURS TO CREATE CHANGE IN FOUR IMPACT AREAS: TACKLING CLIMATE CHANGE, EXPANDING EQUITY, ADVANCING RESOURCE CIRCULARITY AND EFFICIENCY, AND IMPROVING HEALTH. IN 2022, OUR PROGRAMS SUPPORTED 17 GLOBAL WATER ENTREPRENEURS AT THE FOREFRONT OF INNOVATION IN THE CONTEXT OF THE UN DEVELOPMENT GOAL 6 - CLEAN WATER AND SANITATION FOR ALL. WE PROVIDED AWARD FUNDING TO 10 WATER INNOVATION PROJECTS IN HIGH-IMPACT MARKETS ACROSS SEVEN COUNTRIES, AND LAUNCHED THE SUSTAINABLE ACCESS SOLUTION FUND TO DOUBLE OUR PILOT FUNDING, STRENGTHENING OUR GLOBAL APPROACH TO SUPPORTING AND DEPLOYING INNOVATION. OUR CURRENT COHORT AND ALUMNI RAISED OVER $205 MILLION IN EQUITY CAPITAL IN 2022, AND HAVE RAISED MORE THAN $1 BILLION IN TOTAL SINCE THE INCEPTION OF IMAGINE H2O. WE HAVE ALSO INTRODUCED OVER 275 CUSTOMERS, MENTORS, AND INVESTORS TO THE WATER ENTREPRENEURS IN OUR 2022 PROGRAMS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Nimesh Modak Managing Director, Imagine H20 Asia | 40 | $175,154 | |
Scott Bryan President | OfficerTrustee | 40 | $175,062 |
Kelly Trott Vice President | 40 | $165,000 | |
John Curry Finance Dir | Officer | 40 | $148,644 |
Taylor Evans Manager | 40 | $130,738 | |
Tamin Pechet Chairman | OfficerTrustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $101,989 |
| All other contributions, gifts, grants, and similar amounts not included above | $4,178,537 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $4,280,526 |
| Total Program Service Revenue | $29,731 |
| 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 | $4,310,257 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $405,200 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $56,900 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $663,860 |
| Compensation of current officers, directors, key employees. | $126,133 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $653,204 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $100,699 |
| Payroll taxes | $75,514 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $46,721 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $112,216 |
| Advertising and promotion | $36,385 |
| Office expenses | $31,620 |
| Information technology | $45,237 |
| Royalties | $0 |
| Occupancy | $36,002 |
| Travel | $57,725 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $55 |
| Insurance | $0 |
| All other expenses | $0 |
| Total functional expenses | $2,425,927 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $2,038,407 |
| Savings and temporary cash investments | $10,391 |
| Pledges and grants receivable | $916,109 |
| Accounts receivable, net | $252,594 |
| 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 | $7,935 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $3,225,436 |
| Accounts payable and accrued expenses | $99,912 |
| 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 | $99,912 |
| Net assets without donor restrictions | $2,071,915 |
| Net assets with donor restrictions | $1,053,609 |
| 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 | $3,225,436 |
Grants Awarded
Over the last fiscal year, Imagine H2o Inc has awarded $402,700 in support to 7 organizations.
| Grant Recipient | Amount |
|---|---|
ABERNETHY SCHWARTZ PARTNERS | | | $52,500 |
AQUAFFIRM LIMITED | | | $22,200 |
ACLARITY LLC | | | $102,500 |
DIGITAL ECOLNNOVATION | | | $43,000 |
CHANGE WATER LABS | | | $52,500 |
GROSS-WEN TECHNOLOGIES INC | | | $92,500 |