Safe Water Network
- Assets
- $12.4m
- Revenue
- $5.2m
- Investments
- $0.0
- Employees
- 7
- Location
- New York, NY
- Founding
- 05/2006
- Data as of
- 12/2023
- EIN
- 51-0570455
Organization Overview
Safe Water Network is located in New York, NY. The organization was established in 2006. According to its NTEE Classification (C32) the organization is classified as: Water Resources, Wetlands Conservation & Management, under the broad grouping of Environment and related organizations. As of 12/2023, Safe Water Network employed 7 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Safe Water Network 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 12/2023, Safe Water Network generated $5.2m in total revenue. This represents relatively stable growth, over the past 9 years the organization has increased revenue by an average of 9.2% each year. All expenses for the organization totaled $5.9m during the year ending 12/2023. While expenses have increased by 2.7% per year over the past 9 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
2023
Describe the Organization's Mission:
Part 3 - Line 1
SEE SCHEDULE O
Describe the Organization's Program Activity:
Part 3 - Line 4a
SAFE WATER NETWORK'S PRIORITY IS TO ENSURE COMMUNITIES HAVE A SUPPLY OF SAFE WATER THAT IS SUSTAINABLE AND ACCESSIBLE TO ALL. WE SUPPORT THE SCALE-UP OF SUCCESSFUL APPROACHES THROUGH (I) FIELD IMPLEMENTATIONS IN GHANA AND INDIA THAT DEMONSTRATE AND DOCUMENT VIABLE APPROACHES FOR RURAL AND PERI-URBAN COMMUNITIES; (II) TECHNICAL SERVICES THAT PROVIDE TRAINING, RESOURCES AND CAPABILITIES TO OTHER ORGANIZATIONS THAT COLLECTIVELY REACH 10 MILLION PEOPLE WITH SAFE WATER; AND (III) SECTOR ENGAGEMENT WITH THE INTERNATIONAL WATER SERVICES ECOSYSTEM TO ESTABLISH BEST PRACTICES, SHARE FINDINGS AND ADVANCE CONDUCIVE POLICIES AND FUNDING FOR SAFE WATER SUPPLY IN UNDERSERVED COMMUNITIES WORLD-WIDE.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Christina Gold Board Member | Trustee | 1 | $0 |
Josh S Weston Outgoing Board Member | Trustee | 1 | $0 |
Kurt Soderlund Outgoing Ceo/secretary | OfficerTrustee | 40 | $244,927 |
Richard Delaney Board Member | Trustee | 1 | $0 |
Rita Colwell PHD Vice Chair | OfficerTrustee | 1 | $0 |
Steve Zide Chairman | OfficerTrustee | 1 | $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 | $4,745,330 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $4,745,330 |
| Total Program Service Revenue | $445,517 |
| Investment income | $12,756 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $12,507 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $5,236,731 |
| 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. | $269,210 |
| Compensation of current officers, directors, key employees. | $26,821 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $1,310,651 |
| Pension plan accruals and contributions | $11,425 |
| Other employee benefits | $180,765 |
| Payroll taxes | $286,325 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $10,429 |
| Fees for services: Accounting | $233,725 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $666,182 |
| Advertising and promotion | $0 |
| Office expenses | $127,983 |
| Information technology | $124,454 |
| Royalties | $0 |
| Occupancy | $342,052 |
| Travel | $263,924 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $15,607 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $1,066,828 |
| Insurance | $83,179 |
| All other expenses | $494 |
| Total functional expenses | $5,860,331 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $2,166,817 |
| Savings and temporary cash investments | $1,971,603 |
| Pledges and grants receivable | $2,936,078 |
| Accounts receivable, net | $116,160 |
| 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 | $471,143 |
| Net Land, buildings, and equipment | $583,104 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $216,460 |
| Other assets | $3,972,534 |
| Total assets | $12,433,899 |
| Accounts payable and accrued expenses | $779,370 |
| Grants payable | $0 |
| Deferred revenue | $166,902 |
| 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 | $24,899 |
| Other liabilities | $221,867 |
| Total liabilities | $1,193,038 |
| Net assets without donor restrictions | $5,177,381 |
| Net assets with donor restrictions | $6,063,480 |
| 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 | $12,433,899 |