Waterhope
- Assets
- $691.6k
- Revenue
- $190.3k
- Investments
- $0.0
- Employees
- 0
- Location
- Incline Village, NV
- Founding
- 05/2008
- Data as of
- 12/2021
- EIN
- 26-1743990
Organization Overview
Waterhope is located in Incline Village, NV. The organization was established in 2008. According to its NTEE Classification (Q33) the organization is classified as: International Relief, under the broad grouping of International, Foreign Affairs & National Security and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Waterhope 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 12/2021, Waterhope generated $190.3k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 1.3% each year. All expenses for the organization totaled $86.8k during the year ending 12/2021. While expenses have increased by 5.2% 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
2021
Describe the Organization's Mission:
Part 3 - Line 1
TO PROVIDE SAFE DRINKING WATER, MEDICAL CARE,ADEQUATE SHELTER IN DEVELOPING COUNTRIES.
Describe the Organization's Program Activity:
Part 3 - Line 4a
TO RAISE FUNDS THROUGH DONATIONS AND OTHER EVENTS IN ORDER TO FUND, DIRECTLY OR INDIRECTLY, PROJECTS IN LESS-DEVELOPED COUNTRIES TO PROVIDE SAFE DRINKING WATER, MEDICAL CARE,ADEQUATE SHELTER.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Wayne Conner CFO | OfficerTrustee | 2 | $0 |
Craig Stadler Vice President | OfficerTrustee | 4 | $0 |
Jan Stadler Secretary | OfficerTrustee | 2 | $0 |
Michael Borosky President | OfficerTrustee | 2 | $0 |
Chuck Doyle COO | OfficerTrustee | 0.5 | $0 |
Steve Tomkovicz Chairman | OfficerTrustee | 8 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $221,735 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $221,735 |
| Total Program Service Revenue | $0 |
| Investment income | $261 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | -$31,660 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $190,336 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $58,701 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $5,010 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $75 |
| Advertising and promotion | $0 |
| Office expenses | $1,753 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $18,078 |
| 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 | $0 |
| Insurance | $0 |
| All other expenses | $3,199 |
| Total functional expenses | $86,816 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $691,610 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| 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 | $0 |
| 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 | $691,610 |
| Accounts payable and accrued expenses | $0 |
| 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 | $0 |
| Net assets without donor restrictions | $0 |
| Net assets with donor restrictions | $0 |
| 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 | $691,610 |
| Total liabilities and net assets/fund balances | $691,610 |
Grants Awarded
Over the last fiscal year, Waterhope has awarded $58,701 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
Carol Stream, IL PURPOSE: GENERAL SUPPORT | $39,000 |
San Antonio, TX PURPOSE: GENERAL SUPPORT | $19,701 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Waterhope has recieved totaling $10,000.
| Awarding Organization | Amount |
|---|---|
Arizona Community Foundation Phoenix, AZ PURPOSE: PROGRAM SUPPORT | $10,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Far Reaching Ministries Murrieta, CA | $21,362,367 | $12,281,756 |
Good Neighbors Usa Tustin, CA | $3,226,157 | $7,785,780 |
Lifting Hands International Salt Lake City, UT | $502,685 | $8,241,355 |
Guara Bi Inc Las Vegas, NV | $2,785,131 | $6,283,964 |
Operation Usa Los Angeles, CA | $6,771,517 | $5,746,005 |
Onesky Berkeley, CA | $3,976,088 | $6,959,503 |
Aam Foundation Novato, CA | $35,749,865 | $24,208,517 |
Little Market Inc Santa Ana, CA | $1,421,831 | $4,304,249 |
Double Up Drive Inc Las Vegas, NV | $3,887,049 | $4,005,718 |
Youth Development Labs Inc Berkeley, CA | $425,152 | $3,582,158 |
International Christian Adoptions Temecula, CA | $3,308,589 | $4,487,608 |
Hope 4 Kids International Phoenix, AZ | $1,831,552 | $4,256,777 |