Water Quality Research Foundation
- Assets
- $5.5m
- Revenue
- $847.1k
- Investments
- $0.0
- Employees
- 0
- Location
- Lisle, IL
- Founding
- 02/1961
- Data as of
- 12/2023
- EIN
- 23-7063420
Organization Overview
Water Quality Research Foundation is located in Lisle, IL. The organization was established in 1961. According to its NTEE Classification (C05) the organization is classified as: Research Institutes & Public Policy Analysis, under the broad grouping of Environment and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Water Quality Research Foundation 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, Water Quality Research Foundation generated $847.1k in total revenue. The organization has seen a slow decline revenue. Over the past 9 years, revenues have fallen by an average of (1.4%) each year. All expenses for the organization totaled $438.5k during the year ending 12/2023. You can explore the organizations financials more deeply in the financial statements section below.
Since 2017, Water Quality Research Foundation has awarded 30 individual grants totaling $1,214,373. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2023
Describe the Organization's Mission:
Part 3 - Line 1
EDUCATION & RESEARCH
Describe the Organization's Program Activity:
Part 3 - Line 4a
EDUCATION AND RESEARCH TO IMPROVE THE QUALITY OF WATER FOR THE GENERAL PUBLIC
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
J Christopher Layton Director | Trustee | 0.25 | $0 |
Richard A Mest Director | Trustee | 0.25 | $0 |
James W Wakem Director | Trustee | 0.25 | $0 |
Bret P Tangley President | OfficerTrustee | 0.25 | $0 |
Douglas S Karge Vice President | OfficerTrustee | 0.25 | $0 |
Doug Anderson Director | Trustee | 0.25 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $26,260 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $744,013 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $770,273 |
| Total Program Service Revenue | $0 |
| Investment income | $85,325 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | -$18,836 |
| Net Income from Fundraising Events | $10,383 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $847,145 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $154,481 |
| 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. | $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 | $206,539 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $25,675 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $7,099 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $2,734 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $7,042 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $10,701 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $0 |
| All other expenses | $0 |
| Total functional expenses | $438,458 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $98,526 |
| Pledges and grants receivable | $2,464,700 |
| 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 | $350 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $2,981,616 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $5,545,192 |
| Accounts payable and accrued expenses | $35,362 |
| Grants payable | $0 |
| Deferred revenue | $9,925 |
| 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 | $33,559 |
| Total liabilities | $78,846 |
| Net assets without donor restrictions | $2,130,598 |
| Net assets with donor restrictions | $3,335,748 |
| 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 | $5,545,192 |
Grants Awarded
Over the last fiscal year, Water Quality Research Foundation has awarded $90,080 in support to 4 organizations.
| Grant Recipient | Amount |
|---|---|
UNIVERSITY OF MASSACHUSETTS PURPOSE: SUSTAINABILITY COMPARISON STUDY | $10,080 |
CORONA ENVIRONMENTAL CONSULTING PURPOSE: CONTAMINANT OCCURRENCE STUDY AND PREDICTIVE MODELING STUDY | $50,000 |
PURDUE UNIVERSITY PURPOSE: RETENTION OF PFAS ON SPENT FILTERS | $10,000 |
UNIVERSITY OF ARIZONA PURPOSE: GRANT ON PUBLIC AWARENESS & CASE STUDIES OF USING POU/POE FOR SDWA COMPLIANCE | $20,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Savanna Institute Madison, WI | $10,738,008 | $2,591,686 |
Leonardo Academy Inc Madison, WI | $1,203,764 | $1,993,681 |
Iowa Nutrient Research And Education Council Des Moines, IA | $571,833 | $1,744,285 |
Food For Climate League Inc Evanston, IL | $913,899 | $910,719 |
Sustain Dane Inc Madison, WI | $523,531 | $939,232 |
Mandaamin Institute Inc Elkhorn, WI | $458,476 | $521,209 |
Renewable Natural Resources Foundation Chicago, IL | $16,466,588 | $527,021 |
Water Quality Research Foundation Lisle, IL | $5,545,192 | $847,145 |
A M O S-A Metropolitan Organizing Strategy Des Moines, IA | $358,019 | $250,768 |
American Society Of Naturalists Urbana, IL | $1,045,189 | $85,428 |
Naturecite Springfield, MO | $109,836 | $0 |
Cool Choices Inc Madison, WI | $956,490 | -$2,351 |
International Association Of Meteorology And Atmospheric Scienc Madison, WI | $206,728 | $0 |