Safe Water Network
- Assets
- $11.8m
- Revenue
- $8.5m
- Investments
- $0.0
- Employees
- 11
- Location
- New York, NY
- Founding
- 05/2006
- Data as of
- 12/2021
- EIN
- 51-0570455
Organization Overview
Safe Water Network is located in New York, NY. The organization was established in 2006. 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, Safe Water Network employed 11 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Safe Water Network 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, Safe Water Network generated $8.5m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 20.0% each year . All expenses for the organization totaled $5.5m during the year ending 12/2021. While expenses have increased by 2.6% 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
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
SEE SCHEDULE O
Describe the Organization's Program Activity:
Part 3 - Line 4a
SAFE WATER NETWORK'S PRIORITY IS TO ENSURE COMMUNITIES HAVE A SUPPLY OF SAFE WATER THAT IS SUSTAINABLE AND ACCESSIBLE TO ALL. WE SUPPORT THE SCALE-UP OF SUCCESSFUL APPROACHES THROUGH (I) FIELD IMPLEMENTATIONS IN GHANA AND INDIA THAT DEMONSTRATE AND DOCUMENT VIABLE APPROACHES FOR RURAL AND PERI-URBAN COMMUNITIES; (II) TECHNICAL SERVICES THAT PROVIDE TRAINING, RESOURCES AND CAPABILITIES TO OTHER ORGANIZATIONS THAT COLLECTIVELY REACH 10 MILLION PEOPLE WITH SAFE WATER; AND (III) SECTOR ENGAGEMENT WITH THE INTERNATIONAL WATER SERVICES ECOSYSTEM TO ESTABLISH BEST PRACTICES, SHARE FINDINGS AND ADVANCE CONDUCIVE POLICIES AND FUNDING FOR SAFE WATER SUPPLY IN UNDERSERVED COMMUNITIES WORLD-WIDE.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Kurt Soderlund Ceo/secretary | OfficerTrustee | 40 | $248,882 |
Nisha Chakravarty CFO | Officer | 40 | $220,004 |
Charles B Nimako Country Director | 40 | $134,446 | |
Ravindra Sewak India Country Director | 40 | $125,468 | |
Gillian Winkler VP Business Development | 40 | $118,486 | |
Flavia Danese Director Finance & Operations | 40 | $117,548 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $285,175 |
| All other contributions, gifts, grants, and similar amounts not included above | $7,788,021 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $8,073,196 |
| Total Program Service Revenue | $383,981 |
| Investment income | $1,013 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $5,440 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $8,506,828 |
| 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. | $491,589 |
| Compensation of current officers, directors, key employees. | $289,560 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $1,479,269 |
| Pension plan accruals and contributions | $22,792 |
| Other employee benefits | $240,132 |
| Payroll taxes | $191,154 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $69,392 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $372,258 |
| Advertising and promotion | $0 |
| Office expenses | $119,142 |
| Information technology | $217,021 |
| Royalties | $0 |
| Occupancy | $278,903 |
| Travel | $88,541 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $126,209 |
| Insurance | $40,131 |
| All other expenses | $32,320 |
| Total functional expenses | $5,517,247 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $3,557,119 |
| Savings and temporary cash investments | $2,295,560 |
| Pledges and grants receivable | $3,404,432 |
| Accounts receivable, net | $298,345 |
| 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 | $243,019 |
| Net Land, buildings, and equipment | $108,141 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $1,901,158 |
| Total assets | $11,807,774 |
| Accounts payable and accrued expenses | $171,183 |
| Grants payable | $0 |
| Deferred revenue | $2,367,100 |
| 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 | $66,144 |
| Other liabilities | $219,032 |
| Total liabilities | $2,823,459 |
| Net assets without donor restrictions | $2,765,496 |
| Net assets with donor restrictions | $6,218,819 |
| 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 | $11,807,774 |
Grants Recieved
Over the last fiscal year, we have identified 2 grants that Safe Water Network has recieved totaling $20,000.
| Awarding Organization | Amount |
|---|---|
Mohapatra Family Foundation Inc Albany, NY PURPOSE: GENERAL | $10,000 |
Elizabeth Mcgeachin Mckee Foundation Raleigh, NC PURPOSE: CHARITABLE | $10,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Catskill Watershed Corporation Arkville, NY | $166,890,312 | $18,353,633 |
Scenic Hudson Inc poughkeepsie, NY | $38,136,273 | $14,869,807 |
Safe Water Network New York, NY | $11,807,774 | $8,506,828 |
Earth Conservancy Ashley, PA | $31,704,256 | $2,874,276 |
Buffalo Niagara Waterkeeper Inc Buffalo, NY | $12,074,005 | $5,933,047 |
Riverkeeper Inc Ossining, NY | $3,555,297 | $4,414,432 |
Buzzards Bay Coalition Inc New Bedford, MA | $35,427,271 | $10,789,245 |
Hudson River Foundation For Science And Environmental Research Inc New York, NY | $44,144,233 | $1,711,986 |
Delaware Bay And River Cooperative Inc Linwood, PA | $4,814,583 | $3,275,578 |
Renew Oceans Inc Brooklyn, NY | $0 | $303,111 |
Connecticut River Watershed Council Inc Greenfield, MA | $5,295,847 | $3,497,811 |
Charles River Transportation Management Association Cambridge, MA | $5,311,502 | $3,433,111 |