Water For Good
- Assets
- $3.1m
- Revenue
- $6.0m
- Investments
- $67.3k
- Employees
- 18
- Location
- Indianapolis, IN
- Founding
- 06/2004
- Data as of
- 12/2021
- EIN
- 32-0112278
Organization Overview
Water For Good is located in Indianapolis, IN. The organization was established in 2004. According to its NTEE Classification (Q30) the organization is classified as: International Development, under the broad grouping of International, Foreign Affairs & National Security and related organizations. As of 12/2021, Water For Good employed 18 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Water For Good 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, Water For Good generated $6.0m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 14.4% each year . All expenses for the organization totaled $6.0m during the year ending 12/2021. While expenses have increased by 15.0% 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
THE VISION OF WATER FOR GOOD IS TO REDUCE THE TREND OF PERSISTENT POVERTY IN CENTRAL AFRICA THROUGH COLLABORATIVE EFFORT AT THE COMMUNITY LEVEL BY EQUIPPING AND EMPOWERING PEOPLE TO CREATE SUSTAINABLE TRANSFORMATIONAL SOLUTIONS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
WASH CLEAN WATER SANITATION HYGIENE: WFGS CENTRAL AFRICAN ASSETS INFRASTRUCTURE AND STRATEGIC PLANNING UNIQUELY ESTABLISH IT AS A KEY IMPLEMENTER OF DEEP WELL WATER DRILLING IN THE CENTRAL AFRICAN REPUBLIC CAR. TWO FULLY OPERATIONAL "DOWN-HAMMER DRILLING" RIGS ALL THE NECESSARY SUPPORTING EQUIPMENT AND STAFF TOGETHER WITH A SOPHISTICATED SUPPORT SERVICES INFRASTRUCTURE. WFG IS WELL PLACED TO ADDRESS THE WASH NEEDS THAT EXIST IN CENTRAL AFRICA ESPECIALLY IN THE CAR. 60 NEW SITES WERE CREATED IN 2021; 32 MANUAL PUMPS AND 28 WATER KIOSK ON 6 WATER SYSTEMS
THE GOAL IS TO VISIT EACH PUMP IN THE PROGRAM AT LEAST TWO TIMES DURING THE YEAR AND PERFORM REGULAR MAINTENANCE TO ENSURE A CONSTANT UPTIME. 1,896 PUMPS WERE REACHED DURING 2,754 VISITS IN 2020. 93% OF WATER PUMPS IN THE MAINTENANCE PROGRAM HAD A FUNCTIONAL STATUS AFTER A VISIT.
WFG WILL INFLUENCE EXTERNAL SUPPORT AND IMPLEMENTING ORGANISATIONS TO TAKE ACTION IN LINE WITH THE COMMON PRINCIPLES AND FOCUS ON SYSTEMATIC APPROACHES TO UNIVERSAL ACCESS TO SUSTAINABLE WASH SERVICE DELIVERY AND PROVIDE OVERALL DIRECTION AND COORDINATION IN CAR.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Jon Allen CEO | Officer | 50 | $123,000 |
Jim Hocking Founder | Officer | 60 | $120,000 |
Rich Klopp Cpo | Officer | 50 | $100,000 |
Adrienne Lane Chief Strategy Officer | Officer | 50 | $92,250 |
Seda Arzumanyan Director Of Development | Officer | 50 | $84,046 |
Eldorah Mbaxahe Director Of Finance | Officer | 50 | $78,794 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $14,200 |
| Related organizations | $0 |
| Government grants | $122,892 |
| All other contributions, gifts, grants, and similar amounts not included above | $5,782,198 |
| Noncash contributions included in lines 1a–1f | $1,101,909 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $5,919,290 |
| Total Program Service Revenue | $40,303 |
| Investment income | $15,484 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | -$1,321 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $5,973,756 |
| 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 | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $598,090 |
| Compensation of current officers, directors, key employees. | $175,053 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $1,297,871 |
| Pension plan accruals and contributions | $52,050 |
| Other employee benefits | $336,756 |
| Payroll taxes | $216,759 |
| Fees for services: Management | $191,449 |
| Fees for services: Legal | $6,293 |
| Fees for services: Accounting | $55,262 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $75,302 |
| Advertising and promotion | $57,923 |
| Office expenses | $170,151 |
| Information technology | $104,521 |
| Royalties | $0 |
| Occupancy | $23,871 |
| Travel | $389,041 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $5,544 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $213,151 |
| Insurance | $7,978 |
| All other expenses | $127,703 |
| Total functional expenses | $5,998,905 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $870,855 |
| Savings and temporary cash investments | $500,073 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $104,303 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $60,920 |
| Inventories for sale or use | $512,531 |
| Prepaid expenses and deferred charges | $46,163 |
| Net Land, buildings, and equipment | $903,674 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $67,267 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $38,742 |
| Total assets | $3,104,528 |
| Accounts payable and accrued expenses | $25,963 |
| 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 | $548,123 |
| Total liabilities | $574,086 |
| Net assets without donor restrictions | $2,528,192 |
| Net assets with donor restrictions | $2,250 |
| 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 | $3,104,528 |
Grants Recieved
Over the last fiscal year, we have identified 7 grants that Water For Good has recieved totaling $422,326.
| Awarding Organization | Amount |
|---|---|
David Weekley Family Foundation Houston, TX PURPOSE: HEALTH | $200,000 |
Schwab Charitable Fund San Francisco, CA PURPOSE: INTERNATIONAL, FOREIGN AFFAIRS | $117,850 |
American Online Giving Foundation Inc Newark, DE PURPOSE: GENERAL SUPPORT | $52,377 |
National Christian Charitable Foundation Inc Alpharetta, GA PURPOSE: POVERTY | $43,925 |
Kosciusko County Community Foundation Inc Warsaw, IN PURPOSE: GENERAL SUPPORT | $6,815 |
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $1,334 |
Endowment Analysis
| Beg. Balance | $49,827 |
| Earnings | $6,868 |
| Admin Expense | $784 |
| Net Contributions | $11,356 |
| Ending Balance | $67,267 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
The Global Foodbanking Network Chicago, IL | $18,753,140 | $16,426,499 |
Christel House International Inc Indianapolis, IN | $93,680,993 | $18,546,381 |
Water For Good Indianapolis, IN | $3,104,528 | $5,973,756 |
Outreach International Kansas City, MO | $4,310,238 | $3,767,343 |
Waterequity Inc Kansas City, MO | $22,174,909 | $3,748,536 |
Building Tomorrow Inc Indianapolis, IN | $2,584,263 | $2,537,452 |
Andean Health And Development Inc Madison, WI | $1,250,881 | $2,191,153 |
Maestro Cares Foundation Chicago, IL | $6,243,515 | $3,094,225 |
International Book Project Inc Lexington, KY | $1,015,924 | $2,389,161 |
The Human Development Foundation Of North America Oak Brook, IL | $4,594,028 | $2,738,864 |
Proem Support Ministries Inc Louisville, KY | $1,122,442 | $2,659,855 |
African Vision Of Hope Maryville, IL | $1,886,646 | $2,842,339 |