Water Well Trust Incorporated

Organization Overview

Water Well Trust Incorporated is located in Davidson, NC. The organization was established in 2010. According to its NTEE Classification (C32) the organization is classified as: Water Resources, Wetlands Conservation & Management, under the broad grouping of Environment and related organizations. As of 12/2021, Water Well Trust Incorporated employed 4 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Water Well Trust Incorporated 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, Water Well Trust Incorporated generated $1.7m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 30.2% each year . All expenses for the organization totaled $1.1m during the year ending 12/2021. While expenses have increased by 28.3% per year over the past 7 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.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2021

Describe the Organization's Mission:

Part 3 - Line 1

PROVIDE WATER WELLS TO THOSE IN THE USA WHO DO NOT HAVE A SAFE DRINKING WATER SUPPLY IN THEIR HOMES.

Describe the Organization's Program Activity:

Part 3 - Line 4a

WATER WELL TRUST INC PROVIDED EDUCATION, FINANCIAL AID, AND DRILLED WELLS FOR FAMILIES IN THE USA WHO DID NOT HAVE A SAFE DRINKING WATER SUPPLY IN THEIR HOMES.


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Board, Officers & Key Employees

Name (title)Compensation
Elizabeth Mcclain
Treasurer
$65,833
Ha Buzz Mills
President
$0
Stephen Anderson
Past President
$0
Robin Irwin
Vice President
$0
Jesse Richardson
Secretary
$0
Margaret Martens
Program Director
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$139,021
Related organizations$0
Government grants $607,564
All other contributions, gifts, grants, and similar amounts not included above$480,047
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$1,226,632
Total Program Service Revenue$483,154
Investment income $10,400
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 $1,730,280

Grants Recieved

Over the last fiscal year, we have identified 4 grants that Water Well Trust Incorporated has recieved totaling $298,050.

Awarding OrganizationAmount
The Community Foundation For Northeast Florida Inc

Jacksonville, FL

PURPOSE: TO PROVIDE GRANTS FOR 21 WELLS IN 2021

$250,000
The Community Foundation For Northeast Florida Inc

Jacksonville, FL

PURPOSE: TO ASSIST WITH THE DRILLING OF A WELL TO BENEFIT THE PAIA LOWER EASTERN CHEROKEE NATION

$40,000
Community Foundation Of Sarasota County Inc

Sarasota, FL

PURPOSE: GENERAL SUPPORT

$8,000
Amazonsmile Foundation

Seattle, WA

PURPOSE: GENERAL SUPPORT

$50
View Grant Recipient Profile

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