Provides clean water, sanitation, and hygiene programs for children in low-resource cities.
Leadership
Eric Stowe · Founder and Chief Executive Officer · $243K
Money in and out
$5.8M revenue, $5.7M expenses
Bottom line
71% program efficiency
Provides clean water, sanitation, and hygiene programs for children in low-resource cities.
For fiscal year 2025 it reported $5.8M in revenue, $5.7M in expenses, and $4.4M in net assets.Pt I
Where the money goes · FY2025
Total revenue
$5.8M
Pt VIII · Ln 12
Total expenses
$5.7M
Pt IX · Ln 25
Net assets
$4.4M
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): $85K
Where spending went · Part IX cols B–D
71%
12%
17%
Program services $0.71 Management & general $0.12 Fundraising $0.17
Program efficiency
71%
of spending reaches programs▼ -12% vs prior filing year
Operating runway
8.3mo
months of highly liquid reserves at operating expense rate▲ +20% vs prior filing year
Surplus margin
+1%
revenue over expenses, this year▲ +455% vs prior filing year
Summary of the Filing
Part I · fiscal year 2025 · Form 990
Revenue
$5.8M
FY2025▼ -10%
$13.3M$6.6M$0
FY2020FY2025
Expenses
$5.7M
FY2025▼ -12%
$11.3M$5.6M$0
FY2020FY2025
Total assets
$4.9M
FY2025▼ -1%
$12.2M$6.1M$0
FY2020FY2025
Total liabilities
$536K
FY2025▼ -19%
$1.6M$807K$0
FY2020FY2025
Total revenue
$5.8M
Pt VIII · Ln 12
Total expenses
$5.7M
Pt IX · Ln 25
Net assets
$4.4M
Pt X · Ln 32
Revenue less expensesPt I · Ln 19$85K
Total assetsPt X · Ln 16$4.9M
Program-expense ratioPt IX · col B71%
Voting members of governing bodyPt I · Ln 39
Independent voting membersPt I · Ln 48
Mission & Programs · Part III
Where the work happens
3 program services account for $4.0M of program spending, described in the organization's own filed words · FY2025.
01
Splash's work in Sub-Saharan Africa is centered on Project WISE Phase II, a multi country, citywide initiative designed to demonstrate that sustainable, government led WASH services can reach every public school in a city.
$3.5Mprogram expense
02
In South Asia, supports its prior investments in urban WASH in schools programs to improve long-term sustainability. By the end of 2025, Splash had served more than 350,000 children in cities including Kathmandu, Kolkata, and Dhaka.
$377Kprogram expense
03
Splash's programs in East and Southeast Asia reflect earlier phases of the organization's work, where it implemented WASH infrastructure and services directly in child serving institutions.
Eric Stowe’s $243K as Founder and Chief Executive Officer
is at the 92nd percentile of top reported officer pay among 1843 $1–10M environment nonprofits.
Peer set: organizations in the same NTEE major field of work and revenue-size band, compared on each org’s own highest-paid officer/key-employee, from Form 990 Part VII / 990-PF Part VIII. Descriptive placement, not a verdict on whether the pay is appropriate.
Compensation history total reportable pay by year · 8 named individuals · Part VII
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.
Individual Eric Stowe · Reported title Founder and Chief Executive Officer · Highest reported compensation $243K · Total expenses $5.7M
4%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) $2.9M · Total expenses $5.7M
52%
Peer comparison
Same NTEE category, revenue band, and state where available. Descriptive — not a grade.
Metric
This org
Peer median
Percentile
Program ratio
71%
—
—
Overhead ratio
12%
—
—
Fundraising cost ratio
17%
—
—
Revenue growth
-10%
—
—
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.
Want to add your own materials alongside these filings? Claim this org
Sources
Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2025IRS
Classification, formation year, addressIRS Business Master File
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