Waves For Water Inc
- Assets
- $481.9k
- Revenue
- $1.0m
- Investments
- $0.0
- Employees
- 1
- Location
- Los Angeles, CA
- Founding
- 07/2010
- Data as of
- 12/2021
- EIN
- 27-1319189
Organization Overview
Waves For Water Inc is located in Los Angeles, CA. The organization was established in 2010. 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. Waves For 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, Waves For Water Inc generated $1.0m 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 (7.5%) each year. All expenses for the organization totaled $661.4k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (11.9%) 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 GET CLEAN WATER TO EVERY SINGLE PERSON WHO NEEDS IT. WAVES FOR WATER HAS INITIATED THE CLEAN WATER COURIERS PROGRAM TO BRING CLEAN WATER TO CATASTROPHIC STRICKEN REGIONS AROUND THE WORLD.
Describe the Organization's Program Activity:
Part 3 - Line 4a
PROVIDE NEEDED WATER FILTRATION EDUCATION AND WATER FILTERS TO COUNTRIES AROUND THE WORLD. INITIATED THE CLEAN WATER COURIERS PROGRAM TO BRING CLEAN WATER TO CATASTROPHIC STRICKEN REGIONS AROUND THE WORLD. WORKED HAND-IN-HAND WITH THE UNITED NATIONS AND KEY LEADERS FROM COMMUNITIES TO DISTRIBUTE CLEAN DRINKING WATER SOLUTIONS THROUGHOUT THE WORLD.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Jonathan Rose President | Officer | 60 | $132,000 |
Christian Troy Treasurer | OfficerTrustee | 40 | $0 |
Zeb Stewart Director | Trustee | 3 | $0 |
Jordan Tappis Director | Trustee | 3 | $0 |
Patricia Arquette Director | Trustee | 3 | $0 |
Guga Ketzer Director | Trustee | 3 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $232,634 |
| All other contributions, gifts, grants, and similar amounts not included above | $776,672 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,009,306 |
| 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 | $1,009,306 |
| 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. | $132,000 |
| 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 | $1,214 |
| Payroll taxes | $10,287 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $14,241 |
| Fees for services: Accounting | $49,598 |
| 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 | $12,805 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $47,076 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $3 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $0 |
| All other expenses | $30,199 |
| Total functional expenses | $661,385 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $481,875 |
| 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 | $481,875 |
| 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 | $44,406 |
| Total liabilities | $44,406 |
| Net assets without donor restrictions | $437,469 |
| 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 | $481,875 |
Grants Recieved
Over the last fiscal year, we have identified 4 grants that Waves For Water Inc has recieved totaling $309,843.
| Awarding Organization | Amount |
|---|---|
American Online Giving Foundation Inc Newark, DE PURPOSE: GENERAL SUPPORT | $302,980 |
Schwab Charitable Fund San Francisco, CA PURPOSE: HUMAN SERVICES | $6,000 |
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $843 |
The Duke Energy Foundation Charlotte, NC PURPOSE: MATCHING GIFTS | $20 |
Peer Organizations
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|---|---|---|
The Neighborhood House Assn San Diego, CA | $20,146,968 | $97,699,697 |
Portable Practical Educational Preparation Inc Tucson, AZ | $20,477,573 | $94,704,086 |
Chicanos Por La Causa Inc Phoenix, AZ | $7,948,599,708 | $121,803,796 |
Sbcs Corporation Chula Vista, CA | $44,117,675 | $87,559,700 |
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United Movement Inc Las Vegas, NV | $7,228,928 | $63,347,968 |
Nevada H A N D Inc Las Vegas, NV | $197,568,857 | $83,930,370 |
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Catholic Charities Of Santa Clara County San Jose, CA | $37,221,303 | $52,659,902 |
Farmlink Project Pacific Palisades, CA | $3,073,736 | $51,204,063 |
Arizonas Children Association Tucson, AZ | $18,515,748 | $50,621,725 |
Catholic Charities Of Los Angeles Los Angeles, CA | $401,651,832 | $56,844,483 |