Rock Blue EIN 46-5641849 Form 990 (PDF) Claim this org

Rock Blue FY2024 filing

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Builds global water and sanitation capacity for lasting, climate-resilient solutions. For fiscal year 2024 it reported $1.1M in revenue, $1.2M in expenses, and $-77K in net assets.Pt I

Type
Public charity (501(c)(3)) · Public & Societal Benefit
Location
Alexandria, VA
Website
rockblue.org
Filings
4 on file (2022–2024)
Revenue
$1.1MFY2024
Expenses
$1.2M
Net assets
$-77K
People
10
Filings
4
Updates
0
More identity details & actions ⌄
EIN  46-5641849 Public charity (501(c)(3)) Alexandria, VA
Form 990 (PDF)
You’re viewing the FY2024 filing — not the latest on file. See the latest (FY2025) →
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Size
$1–10M
What they do
Builds global water and sanitation capacity for lasting, climate-resilient solutions.
Leadership
Kathy Baczko · Chairwoman, Non-Executive Director
Money in and out
$1.1M revenue, $1.2M expenses
Bottom line
73% program efficiency
Where the money goes · FY2024
Total revenue
$1.1M
Pt VIII · Ln 12
Total expenses
$1.2M
Pt IX · Ln 25
Net assets
$-77K
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): −$128K
Where spending went · Part IX cols B–D
Program services $0.73 Management & general $0.22 Fundraising $0.06
Program efficiency
73%
of spending reaches programs
Operating runway
2.5mo
months of highly liquid reserves at operating expense rate
Surplus margin
-12%
revenue over expenses, this year

Summary of the Filing

Part I · fiscal year 2024 · Form 990
Revenue
$1.1M
FY2024▼ -9%
Expenses
$1.2M
FY2024▼ -0.5%
Total assets
$55K
FY2024▼ -63%
Total liabilities
$132K
FY2024▼ -18%
Total revenue
$1.1M
Pt VIII · Ln 12
Total expenses
$1.2M
Pt IX · Ln 25
Net assets
$-77K
Pt X · Ln 32
Revenue less expensesPt I · Ln 19−$128K
Total assetsPt X · Ln 16$55K
Program-expense ratioPt IX · col B73%
Voting members of governing bodyPt I · Ln 37
Independent voting membersPt I · Ln 47
Mission & Programs · Part III

Where the work happens

3 program services account for $83K of program spending, described in the organization's own filed words · FY2024.
01

Contnued implementing a pilot program Access to Capital, Oversight and Reporting Nexus (ACORN) to assess the financial status of two water and sanitation utilities and determine Performance Improvement Programs for them to enhance their creditworthiness to attract financing for their capital investment needs.

$56Kprogram expense
02

Conducted four regional Performance Achievement Workshops (PAWs) for the seven water and sanitation services providers that partner with ROCKBlue to learn from each other and to share their achievements in improving the delivery of their services.

$25Kprogram expense
03

Continued implementing WULUW Mentorship program introducing female professionals to water sector management positions.

$2Kprogram expense

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Identity & Classification

Form 990 Header · IRS Business Master File
Legal nameHdr · item CRock Blue
EINHdr · item D46-5641849
Principal addressHdr · item CAlexandria, VA
WebsiteHdr · item Jrockblue.org
Year of formationHdr · item Lpending
State of legal domicileHdr · item MVA
Exempt statusHdr · item I501(c)(3) · active
NTEE classificationIRS BMFPublic & Societal Benefit (W02)
Ruling yearIRS BMFApr 2015

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1a7
Independent voting membersPt VI · Ln 1b7
Conflict-of-interest policyPt VI · Ln 12aYes
Whistleblower policyPt VI · Ln 13No
Document retention policyPt VI · Ln 14No
CEO/top-official compensation independently reviewedPt VI · Ln 15aNo
Family or business relationships among officers/directorsPt VI · Ln 2No

Officers, Directors & Key Employees

Part VII, Section A · reportable compensation
Chairwoman, Non-Executive Director
$0Pt VII · Sec A
Non-Executive Director
$0Pt VII · Sec A
Non-Executive Director
$0Pt VII · Sec A
Non-Executive Director
$0Pt VII · Sec A
Non-Executive Director
$0Pt VII · Sec A
Non-Executive Director
$0Pt VII · Sec A
Non-Executive Director
$0Pt VII · Sec A
President
$0Pt VII · Sec A
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Statement of Revenue

Part VIII
Contributions & grants$1.0M · 98%
Other revenue$19K · 2%
Contributions & grants98%$1.0M
Other revenue2%$19K
Program service revenue$2K
Total revenueLn 12$1.1M

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.73 Management & general $0.22 Fundraising $0.06
Program services73%$856K
Management & general22%$257K
Fundraising6%$67K
Total functional expensesLn 25$1.2M

Balance Sheet

Part X · end of year
CashLn 1$52K
Total assetsLn 16$55K
Total liabilitiesLn 26$132K
Total net assetsLn 32$-77K
Months of cash on handcomputed0.5

Financial Metrics

Form 990 · FY2024 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $52K · Operating expenses (Pt IX) $1.2M · Less non-cash grants $929K · Cash operating expenses/yr $251K
2.5 months
Where the money goes
Program services
Program services $856K · Total expenses $1.2M
73%
Management & General
Management & general $257K · Total expenses $1.2M
22%
Fundraising
Fundraising $67K · Total expenses $1.2M
6%
Cost to raise $1
Fundraising expense (3-yr avg) $38K · Solicited contributions (3-yr avg) $984K
$0.04 to raise $1 (3-yr avg)
Where the money comes from
Contribution dependence
Contributions & grants $1.0M · Total revenue $1.1M
98%
Government reliance
Government grants $0 · Total revenue $1.1M
0%
Earned-income share
Program service revenue $2K · Total revenue $1.1M
0.2%
Investment reliance
Investment income $0 · Total revenue $1.1M
0%
Program self-sufficiency
Program service revenue $2K · Total expenses $1.2M
0.1%
Growth & trend
Revenue growth (YoY)
This year $1.1M · Prior year $1.2M
-9%
Net-asset trend (YoY)
End of year $-77K · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $1.1M · Expenses $1.2M
-12%
Liabilities-to-Assets
Total liabilities — · Total assets $55K
Net-asset ratio
Net assets $-77K · Total assets $55K
-141%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) — · Other securities (Pt X, ln 12) — · Total assets (Pt X, ln 16) $55K
Excludes program-related investments (Pt X, ln 13)
People & payroll
Highest Reported Total Compensation
Individual Kathy Baczko · Reported title Chairwoman, Non-Executive Director · Highest reported compensation $0 · Total expenses $1.2M
0%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) $2K · Total expenses $1.2M
0.2%
Peer comparison

Same NTEE category, revenue band, and state where available. Descriptive — not a grade.

MetricThis orgPeer medianPercentile
Program ratio 73%
Overhead ratio 22%
Fundraising cost ratio 6%
Revenue growth -9%
Legal fee ratio 0%
Accounting fee ratio 0.08%
Fundraising fee ratio 6%

Straight from the Form 990 — descriptive, not an evaluation. A ratio is hidden when its base is zero or too small to be meaningful; the dollars are always shown.

Grants

Schedule I · funders on record
Grants received · FY2024
Total grants receivedfrom 1 funder$90K

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Filings & Schedule Manifest

Part IV
III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
FY2025 (Latest)$1.4M revenue · ⤓ 990 PDF
FY2024$1.1M revenue · viewing · ⤓ 990 PDF
FY2023$1.2M revenue · ⤓ 990 PDF
FY2022$793K revenue · ⤓ 990 PDF

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Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2024IRS
Classification, formation year, addressIRS Business Master File
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