Impact Water Inc
- Assets
- $1.3m
- Revenue
- $288.2k
- Investments
- $48.3k
- Employees
- 2
- Location
- San Antonio, TX
- Founding
- 08/1988
- Data as of
- 12/2021
- EIN
- 74-2504163
Organization Overview
Impact Water Inc is located in San Antonio, TX. The organization was established in 1988. According to its NTEE Classification (X20) the organization is classified as: Christianity, under the broad grouping of Religion-Related and related organizations. As of 12/2021, Impact Water Inc employed 2 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Impact Water 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 12/2021, Impact Water Inc generated $288.2k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (6.2%) each year. All expenses for the organization totaled $357.7k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (1.0%) per year over the past 7 years. 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 PROPAGATE THE GOSPEL OF OUR LORD JESUS CHRIST BY EVANGELIZATION AND DISCIPLESHIP THROUGH BOTH HOME AND FOREIGN MISSIONS. IMPACT WATER ACCOMPLISHES THIS BY BUILDING POTABLE WATER SYSTEMS IN REMOTE VILLAGES OF HONDURAS AND PREACHING & TEACHING THE GOSPEL. IMPACT ALSO SUPPORTS NATIONAL MISSIONARIES WHO ARE PREACHING THE GOSPEL OF JESUS CHRIST AS WELL.
Describe the Organization's Program Activity:
Part 3 - Line 4a
INSTALLED WATER DELIVERY SYSTEMS IN THREE REMOTE VILLAGES IN HONDURAS. WE BRING THE GOSPEL TO THESE REMOTE VILLAGES AS WE TAKE 10 TO 12 AMERICAN MEN TO EACH VILLAGE. WE WORK SIDE BY SIDE WITH THE MEN OF THE HONDURAN VILLAGE AND CONSTRUCT THE FRESH WATER SYSTEM. AT NIGHT WE SHOW GOSPEL FILMS AND PREACH & TEACH THE GOSPEL TO THE PEOPLE OF EACH VILLAGE. WE DISCIPLE THE MEN FROM THE US WHO GO WITH US TO CONSTRUCT EACH WATER PROJECT.
OVER THE YEARS WE HAVE IDENTIFIED INDIVIDUALS AND ENTITIES WHO PREACH THE GOSPEL IN AREAS WHERE WE HAVE MINISTERED. WE HELP RAISE THEIR SUPPORT SO THEY CAN CONTINUE THEIR MINISTRIES UNDERGIRDED WITH OUR SUPPORT.
GOSPEL PLANTING: AS FOLLOWUP TO EVANGELIZATION IN THE HONDURAN VILLAGES, WE WORK TO SUPPORT KEY MEN WHOSE LIVES HAVE BEEN CHANGED AS A RESULT, WHOSE MARRIAGES HAVE BEEN TRANSFORMED, AND WHO HAVE DEVELOPED A HUNGER FOR THE GOSPEL AND GOD'S WORD AND EMBRACED LEADERSHIP RESPONSIBILITY. TO SUPPORT THEM IN THEIR GROWTH, WE RETURN TO HONDURAS THREE TIMES A YEAR TO SPEND TIME WITH THEM IN CONCENTRATED GROUPS TO STUDY AND SHOW THEM HOW TO APPLY THE WORD TO THEIR EVERYDAY LIVES.DURING THESE TRIPS, WE HOLD A MARRIAGE CONFERENCE, A KEY MEN CONFERENCE AND A GOSPEL PLANTING CONFERENCE.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Mark Smith Executive Director | OfficerTrustee | 40 | $30,772 |
Susan Smith Director | Trustee | 10 | $0 |
Jeffrey Smith Director | Trustee | 15 | $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 | $265,246 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $265,246 |
| Total Program Service Revenue | $0 |
| Investment income | $18,868 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $1,155 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $288,208 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $12,000 |
| Grants and other assistance to domestic individuals. | $16,072 |
| Grants and other assistance to Foreign Orgs/Individuals | $500 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $75,110 |
| Compensation of current officers, directors, key employees. | $50,110 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $2,400 |
| 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 | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $885 |
| Fees for services: Other | $27,853 |
| Advertising and promotion | $0 |
| Office expenses | $17,132 |
| Information technology | $3,588 |
| Royalties | $0 |
| Occupancy | $5,660 |
| Travel | $65,031 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $5,695 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $458 |
| All other expenses | $0 |
| Total functional expenses | $357,729 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $181,383 |
| Savings and temporary cash investments | $46,025 |
| 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 | $133,828 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $906,109 |
| Investments—other securities | $48,284 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $1,315,629 |
| Accounts payable and accrued expenses | $1,909 |
| 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 | $20,100 |
| Total liabilities | $22,009 |
| 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 | $1,293,620 |
| Total liabilities and net assets/fund balances | $1,315,629 |
Grants Recieved
Over the last fiscal year, we have identified 2 grants that Impact Water Inc has recieved totaling $19,846.
| Awarding Organization | Amount |
|---|---|
Waterhope Incline Village, NV PURPOSE: GENERAL SUPPORT | $19,701 |
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $145 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Trinity Christian Center Of Santa Ana Inc Fort Worth, TX | $220,989,355 | $120,975,345 |
Central Missionary Clearinghouse Inc Houston, TX | $6,419,067 | $44,656,736 |
Parish Episcopal School Dallas, TX | $99,531,938 | $38,441,453 |
Omega Charitable Developers Inc Houston, TX | $6,275,678 | $33,763,984 |
Rightnow Ministries International McKinney, TX | $45,408,215 | $33,884,225 |
Newman International Academy Arlington, TX | $46,580,877 | $32,428,105 |
Pine Cove Inc Tyler, TX | $43,410,564 | $33,919,246 |
Interfaith Ministries For Greater Houston Houston, TX | $17,611,753 | $29,868,273 |
Bible Study Fellowship San Antonio, TX | $20,886,435 | $27,831,196 |
Hosanna Albuquerque, NM | $66,066,591 | $27,487,086 |
Apartment Life Inc Bedford, TX | $5,807,926 | $23,558,847 |
Liberty Educational Ministries Inc Argyle, TX | $56,879,806 | $25,424,585 |