Bank-On-Rain
- Assets
- $0.0
- Revenue
- $1.3k
- Investments
- $0.0
- Employees
- 0
- Location
- Bellingham, WA
- Founding
- 10/2010
- Data as of
- 12/2019
- EIN
- 27-1954137
Organization Overview
Bank-On-Rain is located in Bellingham, WA. The organization was established in 2010. According to its NTEE Classification (P99) the organization is classified as: Human Services N.E.C., under the broad grouping of Human Services and related organizations.
For the year ending 12/2019, Bank-On-Rain generated $1.3k in total revenue. This represents relatively stable growth, over the past 5 years the organization has increased revenue by an average of 5.6% each year. All expenses for the organization totaled $3.3k during the year ending 12/2019. You can explore the organizations financials more deeply in the financial statements section below.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2019
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE DEVELOPMENT OF THE FULLSTOP WATER FAUCET CONTINUES AND WILL BE USED IN DEVELOPING COUNTRIES WHERE MANY SYSTEMS ARE GRAVITY FED. WESTERN STYLE FAUCETS DO NOT WORK WELL AND ARE EXPENSIVE. THE FULLSTOP IS SIMPLE, INEXPENSIVE AND CAN BE PRODUCED LOCALLY.
BECAUSE OF THE EBOLA OUTBREAK IN SIERRA LEONE, WORK HAS SLOWED IN THAT COUNTRY UNTIL SUCH TIME AS IT IS SAFE TO CONTINUE FUTURE PROJECTS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Mike Williamson Founder/director | 1 | $0 | |
Gail Williamson Founder/director | 1 | $0 | |
Caroline Di Diego Founder/director | 1 | $0 | |
James Ferris Director | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $1,316 |
| Interest on Savings | $0 |
| Dividends & Interest | $0 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $0 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $1,316 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $0 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $2,307 |
| Total operating and administrative expenses | $2,867 |
| Contributions, gifts, grants paid | $429 |
| Total expenses and disbursements | $3,296 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $0 |
| Net Accounts receivable | $0 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $0 |
| Net other notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $0 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $0 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |