Waterislifecom FY2022 filing

Edmond, OKUnknown exempt organizationEIN 26-4470550

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At WATERisLIFE we are incredibly proud and invested in our Mission; to save lives and transform communities with water, sanitation and hygiene solutions. WATERisLIFE provides clean drinking water, sanitation and hygiene education programs to those needing access. We provide opportunities for others to be involved through fundraising and field project implementation. Through community driven and community engaged integrated water, sanitation and hygiene programs, WATERisLIFE works closely with non-profit partners, local governments and community organizations to focus on an integrated approach to ensure that households, schools, orphanages and medical facilities have access to safe water, proper sanitation and hygiene programming, short and long term.

93¢ of each $1 spent went to programs.
$33K paid to officers and key staff.
Mission: Form 990 Part I, line 1 · Programs: Part IX · Pay: Part VII

Before you give

FY2022 · Form 990Independent: from IRS data, not the org
Download 990
Latest return
FY2023
latest Form 990
Fine: the latest return is for FY2023, 3 tax years back; within 3 tax years.
IRS e-file · Filing history
Surplus or deficit
1 of 4
filings with a surplus
Average deficit $16K a year · 4% of revenue · last 4 filings
Concern: a surplus in 1 of the last 4 filings.
Pt I · Ln 19 · 4 filings
Spent on programs
93%
of spending
Looks good: 93% of spending went to programs; 75% or more.
Pt IX · Ln 25 · col B
Pay to officers and key staff
$33K
to officers and key staff · 8% of spending
Looks good: pay to officers and key staff is 8% of spending; 15% or less.
Pt VII · Sec A
Cash reserves
3 mo
of spending, in cash
Fine: 2.6 months of spending in cash; 1 to 3.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
1
named funder · $5K
Fine: 1 funder names it on their filings; under 3.
Funders’ Sch. I, 990-PF
Liabilities
$95K
101% of total assets
Concern: liabilities are 101% of assets; over 80%.
Pt X · Ln 26
Independent board members
0
of 6 voting members
Concern: none of 6 voting members are independent.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$413K
+9% vs prior year
Spent
$429K
To programs
93%
Net assets
−$1K
By yearFY2020–FY2023
Revenue
$413K
FY2022▲ +9%
Revenue by fiscal year
FY2020$270K
FY2021$380K
FY2022$413K
FY2023$415K
Expenses
$429K
FY2022▲ +5%
Expenses by fiscal year
FY2020$291K
FY2021$409K
FY2022$429K
FY2023$413K
Net assets
−$1K
FY2022▼ -108%
Net assets by fiscal year
FY2020$44K
FY2021$15K
FY2022−$1K
FY2023$0

From the FY2022 Form 990 · see the original

You’re viewing the FY2022 filing — not the latest on file. See the latest (FY2023) →

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2023.

IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File

Where the money goes

93 cents of each dollar spent went to programs.

Program services 93% · $399K Management & general 3% · $15K Fundraising 3% · $15K

Form 990 Part IX, line 25, columns B–D. Every line is in By the numbers.

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Who runs it and what they're paid

1 person listed on the 990; $33K paid to officers and key staff.

Part VII, Section A · reportable compensation
President &
$33,000Pt VII · Sec A

Compensation history total reportable pay by year · 1 named individual · Part VII

NameFY2022FY2021FY2020
Ken Surritte$33,000$36,000$36,000

Total reportable compensation (Form 990 Part VII column D / Schedule J column E) by filing year, matched by name within this organization. The Schedule J base / bonus / deferred breakdown is not parsed into this dataset.

See Waterislifecom executive salaries →

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Questions the 990 asks

The form asks each of these directly. These are the filed answers.

  • Family or business ties among officersPt VI · Ln 2No
  • Top official's pay set by an independent reviewPt VI · Ln 15aNo

Programs and updates

Provides clean water, sanitation, and hygiene education to save lives and transform communities.

Provided by the organization

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1 program service account for $399K of program spending, described in the organization's own filed words · FY2022.
01

At waterislife we are incredibly proud and invested in our mission; to save lives and transform communities with water, sanitation and hygiene solutions. Waterislife provides clean drinking water, sanitation and hygiene education programs to those needing access.

$399Kprogram expense

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Funders

Who pays for it.

From grant filings on record. Receipts are incomplete: individual donors are never listed.

Grants

Schedule I · funders on record
Grants received · FY2024
Total grants receivedfrom 1 funder$5K

By the numbers

The FY2022 990, line by line.

1The main four
Money inPt VIII
$413K
Ln 12
Gifts and grantsLn 1h$413K
Money outPt IX
$429K
Ln 25
Programscol B$399K
Managementcol C$15K
Fundraisingcol D$15K
Owns and owesPt X
−$1K
net assets · Ln 32
Cash and savingsLn 1–2$94K
Total assetsLn 16$94K
LiabilitiesLn 26$95K
PeoplePt VI, VII
1
listed · VII A
PaidVII A1
Voting boardVI 1a6
IndependentVI 1b0
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$413K
Total revenueLn 12$413K
Assets in detailPt X, end of year
CashLn 1$94K
Cash and savings togetherLn 1–2$94K
Total assetsLn 16$94K
LiabilitiesLn 26$95K
Net assetsLn 32−$1K
OperationsPt I, VI
EmployeesI 51
VolunteersI 615
Fiscal year endsHeaderDecember
Conflict-of-interest policyVI 12aNo
Whistleblower policyVI 13No
Records policyVI 14No
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY22End FY22
Cash and savingsLn 1–2$113K$94K
Total assetsLn 16$113K$94K
LiabilitiesLn 26$98K$95K
Net assetsLn 32$15K−$1K
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Pay of current officers, directors and key staffLn 5$33K$26K$3K$3K
Payroll taxesLn 10$3K$2K$253$253
Accounting feesLn 11c$11K$9K$1K$1K
Advertising and promotionLn 12$2K$2K$228$228
Office expensesLn 13$8K$6K$809$809
InterestLn 20$208$166$21$21
Other expenses (24a–d)Ln 24$358K$342K$8K$8K
All other expensesLn 24e$14K$11K$1K$1K
Total functional expensesLn 25$429K$399K$15K$15K

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2023 Latest $415K$413K$1K$0 990 PDF
FY2022 Viewing $413K$429K−$16K−$1K 990 PDF
FY2021 $380K$409K−$29K$15K 990 PDF
FY2020 $270K$291K−$21K$44K 990 PDF

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Schedules filed Part IV

III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
See the full FY2022 990 (4 parts)
Part VIII · Statement of revenue $412,702 across 3 lines filed
VIII-1f All other contributions, gifts and grants$412,702
VIII-1h Total contributions, gifts and grants$412,702
VIII-12 Total revenue$412,702
Part IX · Statement of functional expenses $428,797 across 8 lines filed
IX-5 Pay of current officers, directors and key staffPrograms $26,400 · Management $3,300 · Fundraising $3,300$33,000
IX-10 Payroll taxesPrograms $2,019 · Management $253 · Fundraising $253$2,525
IX-11c Accounting feesPrograms $8,640 · Management $1,080 · Fundraising $1,080$10,800
IX-12 Advertising and promotionPrograms $1,823 · Management $228 · Fundraising $228$2,279
IX-13 Office expensesPrograms $6,474 · Management $809 · Fundraising $809$8,092
IX-20 InterestPrograms $166 · Management $21 · Fundraising $21$208
IX-24 Other expenses (24a–d)Programs $342,175 · Management $7,875 · Fundraising $7,875$357,925
IX-24e All other expensesPrograms $11,174 · Management $1,397 · Fundraising $1,397$13,968
IX-25 Total functional expensesPrograms $398,871 · Management $14,963 · Fundraising $14,963$428,797
Part X · Balance sheet $93,913 assets, 7 lines filed
X-1 Cash, non-interest-bearingStart of year $113,123$93,913
X-16 Total assetsStart of year $113,123$93,913
X-25 Other liabilities$508
X-26 Total liabilitiesStart of year $98,254$95,139
X-27 Net assets without donor restrictionsStart of year $14,869−$1,226
X-32 Total net assets or fund balancesStart of year $14,869−$1,226
X-33 Total liabilities and net assetsStart of year $113,123$93,913
Part XI · Reconciliation of net assets −$1,226 net assets at year end
XI-1 Total revenue$412,702
XI-2 Total expenses$428,797
XI-3 Revenue less expenses−$16,095
XI-4 Net assets at start of year$14,869
XI-10 Net assets at end of year−$1,226

Form 990 e-file (XML) FY2022 from the IRS · Classification, formation year and address from the IRS Business Master File

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