Water 4 Inc
- Assets
- $12.1m
- Revenue
- $9.3m
- Investments
- $0.0
- Employees
- 28
- Location
- Oklahoma City, OK
- Founding
- 02/2009
- Data as of
- 12/2022
- EIN
- 26-3260581
Organization Overview
Water 4 Inc is located in Oklahoma City, OK. The organization was established in 2009. According to its NTEE Classification (P20) the organization is classified as: Human Service Organizations, under the broad grouping of Human Services and related organizations. As of 12/2022, Water 4 Inc employed 28 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Water 4 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 12/2022, Water 4 Inc generated $9.3m in total revenue. This represents relatively stable growth, over the past 5 years the organization has increased revenue by an average of 7.5% each year. All expenses for the organization totaled $8.3m during the year ending 12/2022. While expenses have increased by 6.1% per year over the past 5 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
2022
Describe the Organization's Mission:
Part 3 - Line 1
ERADICATING THE WORLD'S WATER CRISIS THROUGH LOCAL, MISSIONAL BUSINESSES.
Describe the Organization's Program Activity:
Part 3 - Line 4a
OUR PROGRAM IN GHANA DELIVERS SAFE WATER SERVICES TO COMMUNITIES IN THE WASSA EAST DISTRICT. WATER4 ENTERPRISE, 4WARD DEVELOPMENT WEST AFRICA (4WARD WA), IS A WHOLLY OWNED SUBSIDIARY OF WATER4 THROUGH WATER4'S WHOLLY OWNED SUBSIDIARY ACCESS DEVELOPMENT. 4WARDWA OFFERS A VERTICALLY INTEGRATED SUITE OF WATER, SANITATION, AND HYGIENE (WASH) SERVICES TO CUSTOMERS. THEY PROVIDE ONGOING ACCESS TO WATER THROUGH NUMA PIPED WATER AND PUMP INSURANCE. IN 2022, 4WARD WA COMPLETED 577 WATER PROJECTS, IMPACTING 26,838 PEOPLE WITH ACCESS TO SAFE WATER AND 14,887 PEOPLE WERE PROVIDED WITH HYGIENE AND SANITATION TRAINING AND OPPORTUNITIES TO HEAR THE GOSPEL. THE MAJORITY OF EXPENSES WENT TOWARD FUNDING (PAYABLE BY INVOICE) THE INSTALLATION OF HARDWARE INVOLVED IN PIPED WATER SYSTEMS AND ALL ASSOCIATED INFRASTRUCTURE.
OUR PROGRAM IN SIERRA LEONE IS ONE OF WATER4'S FASTEST GROWING PARTNERSHIPS THAT IS WORKING TOWARDS PROVIDING AN ENTIRE TOWNSHIP WITH ACCESS TO SAFE WATER, WHILE ALSO SUPPLYING RURAL COMMUNITIES WITH SAFE WATER THROUGH HANDPUMPS WITH PUMP INSURANCE AGREEMENTS FOR LONG-TERM OPERATIONS AND MAINTENANCE. WATER4'S BUSINESS IN SIERRA LEONE, WATER4EVER, PROVIDES SAFE AND CONVENIENT WATER AT AN AFFORDABLE PRICE WITHIN THE TOWNSHIP OF WATERLOO AND SURROUNDING RURAL AREAS. WATER4EVER HAS DEVELOPED PLANS TO PROVIDE THE TOWNSHIP OF WATERLOO, WITH A POPULATION OF 128,000 PEOPLE, WITH ACCESS TO SAFE WATER. IN 2022, WATER4EVER COMPLETED 142 WATER PROJECTS, IMPACTING 33,731 PEOPLE WITH ACCESS TO SAFE WATER, AND 29,564 PEOPLE WERE PROVIDED WITH HYGIENE AND SANITATION TRAINING AND OPPORTUNITIES TO HEAR THE GOSPEL. THE MAJORITY OF EXPENSES WENT TOWARD FUNDING (PAYABLE BY INVOICE) THE INSTALLATION OF HARDWARE INVOLVED IN PIPED WATER SYSTEMS AND ALL ASSOCIATED INFRASTRUCTURE.
OUR PROGRAM IN ZAMBIA CONTINUES TO BE SIGNIFICANT, AS OUR BUSINESS, ACCESS WATER4 ZAMBIA (AW4Z) CONTINUES TO SCALE SAFE WATER SERVICES TO RURAL COMMUNITIES IN SAMFYA AND CHIFUNABULI DISTRICTS. AW4Z HAS THREE ACTIVE DRILLING TEAMS AND PROVIDES A SUITE OF WATER SERVICES, INCLUDING NUMA PIPED WATER, WELL DRILLING, WELL REHABILITATION AND REPAIR, AND A SERVICE DELIVERY AGREEMENT PROGRAM THAT INSURES THE SERVICES OF THE WELLS THAT ARE INSTALLED BY AW4Z. THIS ENTERPRISE ALSO PLAYS A CRUCIAL ROLE IN TEACHING WATER, SANITATION, AND HYGIENE (WASH) PRACTICES TO THE COMMUNITIES THEY SERVE. IN 2022, AW4Z COMPLETED 330 WATER PROJECTS IMPACTING 26,959 PEOPLE, AND 79,157 PEOPLE WERE PROVIDED WITH HYGIENE AND SANITATION TRAINING AND OPPORTUNITIES TO HEAR THE GOSPEL. THE MAJORITY OF EXPENSES WENT TOWARD FUNDING (PAYABLE BY INVOICE) THE INSTALLATION OF HARDWARE INVOLVED IN PIPED WATER SYSTEMS AND ALL ASSOCIATED INFRASTRUCTURE.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Name Not Listed Board Chariman | OfficerTrustee | 1 | $0 |
Name Not Listed Board Member (part Year) | Trustee | 1 | $0 |
Name Not Listed Board Member | Trustee | 1 | $0 |
Name Not Listed Board Member | Trustee | 1 | $0 |
Name Not Listed Board Member | Trustee | 1 | $0 |
Name Not Listed Board Member | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $528,032 |
| Related organizations | $0 |
| Government grants | $627,694 |
| All other contributions, gifts, grants, and similar amounts not included above | $8,218,462 |
| Noncash contributions included in lines 1a–1f | $47,665 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $9,374,188 |
| Total Program Service Revenue | $0 |
| Investment income | $9,355 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | -$113,896 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $9,269,647 |
| 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 | $4,266,668 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $560,700 |
| Compensation of current officers, directors, key employees. | $178,856 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $1,509,969 |
| Pension plan accruals and contributions | $58,662 |
| Other employee benefits | $211,232 |
| Payroll taxes | $156,762 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $35,208 |
| Fees for services: Accounting | $51,985 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $416,882 |
| Advertising and promotion | $86,901 |
| Office expenses | $373,044 |
| Information technology | $14,465 |
| Royalties | $0 |
| Occupancy | $30,748 |
| Travel | $150,297 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $12,511 |
| Interest | $3,634 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $19,471 |
| Insurance | $45,553 |
| All other expenses | $0 |
| Total functional expenses | $8,253,036 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $5,806,799 |
| Savings and temporary cash investments | $59 |
| Pledges and grants receivable | $2,512,048 |
| 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 | $480,029 |
| Prepaid expenses and deferred charges | $421,324 |
| Net Land, buildings, and equipment | $743,963 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $2,108,267 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $12,072,489 |
| Accounts payable and accrued expenses | $157,361 |
| Grants payable | $0 |
| Deferred revenue | $1,498,052 |
| 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 | $66,065 |
| Other liabilities | $0 |
| Total liabilities | $1,721,478 |
| Net assets without donor restrictions | $7,095,610 |
| Net assets with donor restrictions | $3,255,401 |
| 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 | $12,072,489 |