Texas Rural Water Foundation
- Assets
- $174.7k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Austin, TX
- Founding
- 08/2011
- Data as of
- 12/2022
- 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 12/2022, Texas Rural Water Foundation generated $76.9k in total revenue. This organization has experienced exceptional growth, as over the past 4 years, it has increased revenue by an average of 19.8% each year . All expenses for the organization totaled $18.6k during the year ending 12/2022. 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
2022
Describe the Organization's Program Activity:
Part 3
THE STUDENT SCHOLARSHIP PROGRAM WAS ESTABLISHED TO RECOGNIZE AND ASSIST QUALIFIED INDIVIDUALS IN THE PURSUIT OF A HIGHER EDUCATION AND A POTENTIAL CAREER IN THE WATER AND WASTEWATER INDUSTRY. IN 2022 17 STUDENTS RECEIVED SCHOLARSHIP GRANTS OF $500-$1500 EACH.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Pat Allen President Director | 1 | $0 | |
Allen Knight Vice President Director | 1 | $0 | |
Rachel Webb Secretary Director | 1 | $0 | |
Charles Beseda Treasurer Director | 1 | $0 | |
Bruce Alexander Director | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $75,363 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $1,542 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $76,905 |
| 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 | $2,992 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $896 |
| Other expenses | $0 |
| Total expenses | $18,638 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $166,259 |
| Other assets | $0 |
| Total assets | $174,659 |
| Total liabilities | $0 |
| Net assets or fund balances | $174,659 |
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