Drop4drop Inc
- Assets
- $265.0k
- Revenue
- $154.7k
- Investments
- $0.0
- Employees
- 0
- Location
- Van Nuys, CA
- Founding
- 05/2017
- Data as of
- 12/2019
- EIN
- 81-4388822
Organization Overview
Drop4drop Inc is located in Van Nuys, CA. The organization was established in 2017. According to its NTEE Classification (P20) the organization is classified as: Human Service Organizations, under the broad grouping of Human Services and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Drop4drop Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2019
Describe the Organization's Mission:
Part 3 - Line 1
DROP4DROP IS A CHARITABLE ORGANIZATION. DROP4DROP'S MISSION IS TO PROVIDE SUSTAINABLE SOURCES OF CLEAN WATER TO COMMUNITIES IN NEED ACROSS THE GLOBE, BY CONSTRUCTING BORE-WELLS, CONDUCTING HEALTH AND HYGIENE EDUCATION, AND FURNISHING TOOLS AND TRAINING FOR BASIC WELL MAINTENANCE.
Describe the Organization's Program Activity:
Part 3 - Line 4a
WELL REFURBISHMENT PROJECTS - MOZAMBIQUE [COMPLETED]DROP4DROP PROVIDED FUNDS TO COMPLETE A LARGE-SCALE RESTORATION SCHEME ACROSS 61 COMMUNITIES IN MOZAMBIQUEINDIVIDUAL COMMUNITY SIZES RANGED FROM 600 - 3,000 TOTAL PERSONS BENEFITED FROM SCHEME - 71, 677 PEOPLE
BORE-WELL (WITH STORAGE TANK) CONSTRUCTION - TAMIL NADU, INDIA [COMPLETED] DROP4DROP PROVIDED FUNDS TO CONSTRUCT CLEAN WATER TANKS ACROSS A TOTAL OF 25 COMMUNITIES IN TAMIL NADU, INDIAINDIVIDUAL COMMUNITY SIZES RANGED FROM 600-7,000TOTAL PEOPLE REACHED - 62,406 PEOPLE
BORE-WELL CONSTRUCTION - SOUTH SUDAN [COMPLETED]DROP4DROP PROVIDED FUNDS TO CONSTRUCT CLEAN WATER BORE-WELLS ACROSS A TOTAL OF 70 COMMUNITIES IN SOUTH SUDANINDIVIDUAL COMMUNITY SIZES RANGED FROM 200 - 8,000TOTAL PEOPLE REACHED - 45,110 PEOPLE
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Sam Pyant President, Director | OfficerTrustee | 1 | $0 |
Simon Konecki Secretary, Director | OfficerTrustee | 3 | $0 |
Lucas White Treasurer, Director | OfficerTrustee | 3 | $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 | $154,728 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $154,728 |
| Total Program Service Revenue | $0 |
| Investment income | $0 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $154,728 |
| 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 | $355,333 |
| 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 | $850 |
| Fees for services: Accounting | $750 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $664 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $0 |
| 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 | $0 |
| Total functional expenses | $357,597 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $264,980 |
| 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 | $264,980 |
| 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 | $264,980 |
| 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 | $0 |
| Total liabilities and net assets/fund balances | $264,980 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Drop4drop Inc has recieved totaling $12,600.
| Awarding Organization | Amount |
|---|---|
Impactassets Inc Bethesda, MD PURPOSE: BIDI BIDI | $12,600 |
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