Texas Rural Water Foundation
- Assets
- $125.5k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Austin, TX
- Founding
- 08/2011
- Data as of
- 12/2021
- EIN
- 27-3271158
Organization Overview
Texas Rural Water Foundation is located in Austin, TX. The organization was established in 2011. According to its NTEE Classification (S19) the organization is classified as: Support N.E.C., under the broad grouping of Community Improvement & Capacity Building and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Texas Rural Water 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 12/2021, Texas Rural Water Foundation generated $38.4k in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 11.5% each year . All expenses for the organization totaled $16.5k during the year ending 12/2021. While expenses have increased by 5.1% 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.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2021
Describe the Organization's Program Activity:
Part 3
THESTUDENTSCHOLARSHIPPROGRAMWASESTABLISHEDTORECOGNIZEANDASSISTQUALIFIEDINDIVIDUALSINTHEPURSUITOFAHIGHEREDUCATIONANDAPOTENTIALCAREERINTHEWATERANDWASTEWATERINDUSTRY.IN2020,14STUDENTSRECEIVEDSCHOLARSHIPGRANTSOF$500-$1,500EACH.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Bruce Alexander Vice-President Director | 1 | $0 | |
Charles Beseda Treasurer Director | 1 | $0 | |
David Pat Allen Secretary Director | 1 | $0 | |
Kevin Spence Vice President Director | 1 | $0 | |
Chris Boyd Director | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $37,529 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $869 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $38,398 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $407 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $2,295 |
| Other expenses | $0 |
| Total expenses | $16,452 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $125,539 |
| Other assets | $0 |
| Total assets | $125,539 |
| Total liabilities | $0 |
| Net assets or fund balances | $125,539 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Texas Rural Water Foundation has recieved totaling $22.
| Awarding Organization | Amount |
|---|---|
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $22 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
1004 7th Avenue Holding Corporation Fort Worth, TX | $0 | $10,316,540 |
Houston Bike Share Houston, TX | $1,895,982 | $1,956,861 |
Bentonville-Bella Vista Chamber Of Commerce Foundation Inc Bentonville, AR | $1,255,174 | $267,631 |
Toolbank Usa Inc Houston, TX | $645,654 | $570,806 |
Fostering Family Houston, TX | $340,952 | $605,117 |
Texas Associtation Of Business & Chambers Of Commerce Foundation Austin, TX | $275,010 | $226,914 |
East Texas Speakers Forum Longview, TX | $162,256 | $373,275 |
Circa 1859 Inc Jonesboro, AR | $6,914 | $0 |
Culture Of Health - Advancing Together Pearland, TX | $110,464 | $209,041 |
Alice Volunteer Services Alice, TX | $555,548 | $135,954 |
Texas Rural Water Foundation Austin, TX | $125,539 | $0 |
Two Steppers Sugar Land, TX | $0 | $0 |