Water For Life Foundation Inc
- Assets
- $692.9k
- Revenue
- $127.7k
- Investments
- $0.0
- Employees
- 0
- Location
- Monroe, NC
- Founding
- 08/2011
- Data as of
- 12/2021
- EIN
- 27-3274297
Organization Overview
Water For Life Foundation Inc is located in Monroe, NC. The organization was established in 2011. According to its NTEE Classification (Q30) the organization is classified as: International Development, under the broad grouping of International, Foreign Affairs & National Security and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Water For Life Foundation 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, Water For Life Foundation Inc generated $127.7k in total revenue. The organization has seen a slow decline revenue. Over the past 7 years, revenues have fallen by an average of (1.1%) each year. All expenses for the organization totaled $193.4k during the year ending 12/2021. You can explore the organizations financials more deeply in the financial statements section below.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2021
Describe the Organization's Program Activity:
Part 3 - Line 4a
WATER FOR LIFE FOUNDATION, INC. OVERSEES AND PAYS CONTRACTORS IN AFRICA TO DRILL AND REPAIR WELLS, INCLUDING SOLAR POWERED WELLS.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Wesley S Hinson Director | 0 | $0 | |
David Cuthbertson President | 0 | $0 | |
Martha Norwood Secretary/tr | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $126,239 |
| Interest on Savings | $1,493 |
| Dividends & Interest | $0 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $0 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $127,732 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $262 |
| Depreciation | $16,185 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $122,684 |
| Total operating and administrative expenses | $143,421 |
| Contributions, gifts, grants paid | $50,000 |
| Total expenses and disbursements | $193,421 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $13,636 |
| Savings and temporary cash investments | $610,751 |
| Net Accounts receivable | $0 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $0 |
| Net other notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $0 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $68,543 |
| Total assets | $692,930 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
International Foundation For Electoral Systems Arlington, VA | $29,872,159 | $76,376,806 |
Kingsway Charities Inc Bristol, VA | $22,739,501 | $63,381,174 |
Operation Smile Inc Virginia Beach, VA | $94,902,554 | $85,245,515 |
Ipas Chapel Hill, NC | $140,923,971 | $66,162,811 |
Internet Society Reston, VA | $66,935,347 | $44,092,152 |
Ashoka Arlington, VA | $82,475,010 | $42,522,077 |
Water Missions International North Charleston, SC | $21,599,484 | $32,689,545 |
Rainforest Trust Warrenton, VA | $101,886,271 | $70,481,732 |
U S Dairy Export Council Inc Arlington, VA | $16,612,208 | $30,970,567 |
Gsma Mobile For Development Foundation Inc Atlanta, GA | $8,779,142 | $24,580,259 |
Inmed Partnerships For Children Inc Sterling, VA | $1,243,329 | $2,714,257 |
Medshare International Decatur, GA | $29,183,563 | $28,819,803 |