Gravity Water
- Assets
- $225.2k
- Revenue
- $627.1k
- Investments
- $0.0
- Employees
- 10
- Location
- Santa Cruz, CA
- Founding
- 10/2016
- Data as of
- 12/2023
- EIN
- 81-1802377
Organization Overview
Gravity Water is located in Santa Cruz, CA. The organization was established in 2016. According to its NTEE Classification (Q33) the organization is classified as: International Relief, under the broad grouping of International, Foreign Affairs & National Security and related organizations. As of 12/2023, Gravity Water employed 10 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Gravity Water 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 12/2023, Gravity Water generated $627.1k in total revenue. This organization has experienced exceptional growth, as over the past 6 years, it has increased revenue by an average of 40.5% each year . All expenses for the organization totaled $438.5k during the year ending 12/2023. While expenses have increased by 33.0% per year over the past 6 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
2023
Describe the Organization's Mission:
Part 3 - Line 1
GRAVITY WATER TURNS RAIN INTO SAFE WATER FOR SCHOOLS IN NEED AROUND THE WORLD.
Describe the Organization's Program Activity:
Part 3 - Line 4a
2023 VIETNAM INITIATIVE - IN 2023, GRAVITY WATER PROVIDED AN ESTIMATED 45,502 STUDENTS AND COMMUNITY MEMBERS IN VIETNAM WITH ACCESS TO AN ON-SITE SAFE DRINKING WATER SOURCE. THIS NUMBER INCLUDES 28,468 ADDITIONAL STUDENTS PROVIDED ACCESS TO SAFE DRINKING WATER THROUGH 87 SCHOOL PROJECTS COMPLETED LAST YEAR (480% YOY GROWTH)
2023 NEPAL INITIATIVE - IN 2023, GRAVITY WATER PROVIDED CLEAN DRINKING WATER FOR AN ESTIMATED 27,318 STUDENTS AND COMMUNITY MEMBERS IN NEPAL. THIS NUMBER INCLUDES 9,086 ADDITIONAL STUDENTS PROVIDED ACCESS TO SAFE DRINKING WATER THROUGH 26 SCHOOL PROJECTS COMPLETED LAST YEAR (270% YOY GROWTH). GRAVITY WATER FOCUSED THE MAJORITY OF ITS EFFORTS IN THE KAVREPALANCHOWK DISTRICT.
2023 TAIWAN INITIATIVE - IN 2023, GRAVITY WATER PARTNERED WITH CLEAN INTERNATIONAL AND ENVIRONMENTAL ETHICS FOUNDATION OF TAIWAN TO LAUNCH AN INITIATIVE FOCUSED ON PROVIDING 48 SCHOOLS IN TAIWAN WITH RAINWATER HARVESTING TECHNOLOGY AND EDUCATIONAL MATERIALS.
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 |
|---|---|---|---|
Daniel Wright President | OfficerTrustee | 40 | $75,500 |
Sanjiv Sanghvi Treasurer | OfficerTrustee | 1 | $0 |
Greg Baker Director | Trustee | 1 | $0 |
Davi Vargas Director | Trustee | 1 | $0 |
Caryn Archer Secretary | Officer | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $627,073 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $627,073 |
| Total Program Service Revenue | $0 |
| Investment income | $0 |
| 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 | $627,073 |
| 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 | $219,787 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $75,500 |
| Compensation of current officers, directors, key employees. | $16,610 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $54,315 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $12,132 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $1,600 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $849 |
| Office expenses | $11,624 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $22,764 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $588 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $0 |
| All other expenses | $4,148 |
| Total functional expenses | $438,453 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $198,112 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $22,577 |
| 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 | $0 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $4,515 |
| Total assets | $225,204 |
| Accounts payable and accrued expenses | $9,821 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| 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 | $0 |
| Other liabilities | $3,752 |
| Total liabilities | $13,573 |
| Net assets without donor restrictions | $211,631 |
| Net assets with donor restrictions | $0 |
| 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 | $225,204 |