Waterequity INC FY2021 filing

Tax-deductible

Kansas City, MO501(c)(3)Since 2016InternationalEIN 81-4109426Revenue $3.7M in FY2021

On file with the IRSwaterequity.org117 W 20th St Ste 204, 64108-2063 · Kansas City, MOTax-exempt since Jun 2017Publicly supported charity — 170(b)(1)(A)(vi)

This page gets seen. Tell your story. Claim this org.

TO FOSTER AN ENDURING INVESTMENT CAPITAL MARKET THAT ACCELERATES UNIVERSAL ACCESS TO SAFE WATER AND SANITATION in low- and middle-income countries.

501(c)(3) charity; gifts are tax-deductible.
94¢ of each $1 spent went to programs.
$1.5M paid to officers and key staff.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX · Pay: Part VII

Before you give

FY2021 · Form 990Independent: from IRS data, not the org
Download 990
IRS status
501(c)(3)
not on the IRS revocation list
Looks good: listed by the IRS and not on the revocation list.
IRS BMF · Auto-Revocation List
Tax-deductible gifts
Yes
Donations are tax-deductible
Looks good: the IRS lists gifts to it as deductible.
IRS Pub. 78 · IRS BMF
Latest return
FY2024
latest Form 990
Looks good: the latest return is for FY2024, 2 tax years back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
5 of 5
filings with a surplus
Average surplus $2.0M a year · 27% of revenue · last 5 filings
Looks good: a surplus in 5 of the last 5 filings.
Pt I · Ln 19 · 5 filings
Spent on programs
94%
of spending
Looks good: 94% of spending went to programs; 75% or more.
Pt IX · Ln 25 · col B
Pay to officers and key staff
$1.5M
to officers and key staff · 45% of spending
Concern: pay to officers and key staff is 45% of spending; over 30%.
Pt VII · Sec A
Cash reserves
31 mo
of spending, in cash
Looks good: 30.8 months of spending in cash; 3 or more.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
2
named funders · $1.6M
Fine: 2 funders name it on their filings; under 3.
Funders’ Sch. I, 990-PF
Liabilities
$3.0M
14% of total assets
Looks good: liabilities are 14% of assets; 50% or less.
Pt X · Ln 26
Independent board members
6
of 6 voting members
Looks good: 6 of 6 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$3.7M
-69% vs prior year
Spent
$3.4M
To programs
94%
Net assets
$19.1M
By yearFY2020–FY2024
Revenue
$3.7M
FY2021▼ -69%
Tap a bar for its year
Revenue by fiscal year
FY2020$12.1M
FY2021$3.7M
FY2022$5.4M
FY2023$7.1M
FY2024$8.6M
Expenses
$3.4M
FY2021▲ +3%
Tap a bar for its year
Expenses by fiscal year
FY2020$3.3M
FY2021$3.4M
FY2022$4.8M
FY2023$7.1M
FY2024$8.3M
Net assets
$19.1M
FY2021+0.5%
Tap a bar for its year
Net assets by fiscal year
FY2020$19.1M
FY2021$19.1M
FY2022$19.7M
FY2023$19.9M
FY2024$20.0M

From the FY2021 Form 990 · figures checked against the IRS filing · see the original

Give Claim
You’re viewing the FY2021 filing — not the latest on file. See the latest (FY2024) →

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2024. IRS ruling in Jun 2017.

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

Where the money goes

94 cents of each dollar spent went to programs.

Program services 94% · $3.2M Management & general 3% · $102K Fundraising 3% · $111K

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

Something off? The org can add a note here. Claim this org to fix it.

Who runs it and what they're paid

18 people listed on the 990; $1.5M paid to officers and key staff.

Part VII, Section A · reportable compensation
Chief Investment Officer
$235,964Pt VII · Sec A
COO & Chief Compliance Officer
$183,905Pt VII · Sec A
Chief Financial Officer
$179,213Pt VII · Sec A
Chief Inv. Relations Officer
$161,616Pt VII · Sec A
Dir., Investment Compliance
$140,405Pt VII · Sec A
Director, Communications
$132,155Pt VII · Sec A
Director, Impact & Esg
$131,644Pt VII · Sec A
Portfolio Manager
$120,933Pt VII · Sec A

John Moyer’s $393K as Chief Investment Officer (thru 04/24)/Business Advisor is at the 98th percentile of top reported officer pay among 1168 $1–10M international 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

NameFY2024FY2023FY2022FY2021FY2020
John Moyer$393,301$209,402$270,693$235,964$181,064
Catherine Colyer$349,586$159,207$205,118$183,905$167,769
Elan Emanuel$307,248$157,660$197,581$161,616—
Genevieve Edens$228,198$123,187$164,502$131,644$118,049
Emma Aller$206,835$98,337———
Alix Lebec————$206,152
Cheryl Wright$196,525$116,507$155,668$140,405$125,329
Hemant Shah$194,514————

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 Waterequity INC executive salaries →

Are you one of these people? Claim this org to confirm your role

Something off? The org can add a note here. Claim this org to fix it.

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

Builds investment markets for safe water and sanitation access in developing nations.

Questions for Waterequity INC

Tap to ask. Waterequity INC sees how many people are interested.

Your first name shows with your question. Waterequity INC answers here, for everyone.

Provided by the organization

Know this organization? Claim it to add your story

1 program · $3.2M · in their own filed words · FY2021
01

WATEREQUITY IS THE FIRST ASSET MANAGER EXCLUSIVELY FOCUSED ON SOLVING ONE OF THE MOST URGENT ISSUES OF OUR TIME - THE GLOBAL WATER AND SANITATION CRISIS. In 2021, WaterEquity reached 956,000 people with improved water and sanitation access, bringing the organization's cumulative total to 2.8 million people.

$3.2Mprogram expense

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 · FY2023
Water Org INCFY2023$1.6M
Total grants receivedfrom 2 funders$1.6M

By the numbers

The FY2021 990, line by line.

1The main four
Money inPt VIII
$3.7M
Ln 12
Fees for servicesLn 2g$2.5M
Gifts and grantsLn 1h$1.2M
Investment incomeLn 3$69K
Money outPt IX
$3.4M
Ln 25
Programscol B$3.2M
Managementcol C$102K
Fundraisingcol D$111K
Owns and owesPt X
$19.1M
net assets · Ln 32
Cash and savingsLn 1–2$8.8M
Total assetsLn 16$22.2M
LiabilitiesLn 26$3.0M
PeoplePt VI, VII
18
listed · VII A
PaidVII A11
Voting boardVI 1a6
IndependentVI 1b6
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$1.2M
Government grantsLn 1e$313K
Fees for servicesLn 2g$2.5M
Investment incomeLn 3$69K
Gains on assetsLn 7$0
Total revenueLn 12$3.7M
Assets in detailPt X, end of year
CashLn 1$7.8M
SavingsLn 2$1.0M
Cash and savings togetherLn 1–2$8.8M
InvestmentsLn 11–13$2.6M
Land, buildings, equipmentLn 10c$0
Other assetsLn 15$5.1M
Total assetsLn 16$22.2M
LiabilitiesLn 26$3.0M
Net assetsLn 32$19.1M
OperationsPt I, VI
EmployeesI 516
VolunteersI 67
Fiscal year endsHeaderDecember
Conflict-of-interest policyVI 12aYes
Whistleblower policyVI 13Yes
Records policyVI 14Yes
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY21End FY21
Cash and savingsLn 1–2$4.4M$8.8M
InvestmentsLn 11–13$2.5M$2.6M
Land, buildings, equipmentLn 10c$24K$0
Total assetsLn 16$20.0M$22.2M
LiabilitiesLn 26$904K$3.0M
Net assetsLn 32$19.1M$19.1M
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Grants to domestic organizationsLn 1$0
Grants to domestic individualsLn 2$0
Grants and assistance to foreign recipientsLn 3$0
Benefits paid to or for membersLn 4$0
Pay of current officers, directors and key staffLn 5$1.0M$1.0M$12K$29K
Pay of disqualified personsLn 6$0
Other salaries and wagesLn 7$1.3M$1.2M$14K$35K
Pension plan contributionsLn 8$39K$36K$569$2K
Other employee benefitsLn 9$121K$110K$4K$7K
Payroll taxesLn 10$141K$133K$2K$5K
Management feesLn 11a$77K$26K$26K$26K
Legal feesLn 11b$20K$20K
Accounting feesLn 11c$66K$44K$23K
Lobbying feesLn 11d$0
Professional fundraising feesLn 11e$0
Investment management feesLn 11f$0
Other fees for servicesLn 11g$434K$432K$3K
Advertising and promotionLn 12$8K$5K$2K
Office expensesLn 13$30K$27K$1K$801
Information technologyLn 14$10K$9K$929
RoyaltiesLn 15$0
OccupancyLn 16$36K$30K$1K$5K
TravelLn 17$23K$23K
Travel and entertainment for public officialsLn 18$0
Conferences, conventions and meetingsLn 19$3K$3K
InterestLn 20$163$163
Payments to affiliatesLn 21$0
Depreciation, depletion and amortizationLn 22$31K$28K$3K
InsuranceLn 23$16K$14K$2K
Other expenses (24a–d)Ln 24$43K$35K$8K
Total functional expensesLn 25$3.4M$3.2M$102K$111K

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2024 Latest $8.6M$8.3M$306K$20.0M 990 PDF
FY2023 $7.1M$7.1M$19K$19.9M 990 PDF
FY2022 $5.4M$4.8M$631K$19.7M 990 PDF
FY2021 Viewing $3.7M$3.4M$331K$19.1M 990 PDF
FY2020 $12.1M$3.3M$8.8M$19.1M 990 PDF

Want to add your own materials alongside these filings? Claim this org

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 FY2021 990 (6 parts)
Part I · Summary $3,748,536 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $10,829,885$1,169,928
I-9 Program service revenuePrior year $1,239,604$2,509,829
I-10 Investment incomePrior year $9,042$68,779
I-11 Other revenuePrior year $8,163$0
I-12 Total revenuePrior year $12,086,694$3,748,536
I-13 Grants and similar amounts paidPrior year $0$0
I-14 Benefits paid to membersPrior year $0$0
I-15 Salaries and benefitsPrior year $2,229,604$2,619,723
I-16a Professional fundraising feesPrior year $0$0
I-17 Other expensesPrior year $1,073,204$797,698
I-18 Total expensesPrior year $3,302,808$3,417,421
I-19 Revenue less expensesPrior year $8,783,886$331,115
Part VI · Governance 6 of 6 board members independent, 1 to look at
VI-1a Voting members of the governing body6
VI-1b Independent voting members6
VI-15a Process for setting top official's payNo
VI-2 Family or business relationship among officers or directorsNo
VI-12a Written conflict of interest policyYes
VI-13 Written whistleblower policyYes
VI-14 Document retention and destruction policyYes
Part VIII · Statement of revenue $3,748,536 across 10 lines filed
VIII-1e Government grants$313,375
VIII-1f All other contributions, gifts and grants$856,553
VIII-1h Total contributions, gifts and grants$1,169,928
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Related to mission $2,509,829$2,509,829
VIII-3 Investment incomeExcluded from tax $68,779$68,779
VIII-5 Royalties$0
VIII-6 Net rental income or loss$0
VIII-7 Net gain or loss on sales of assets$0
VIII-8 Net income from fundraising events$0
VIII-12 Total revenueRelated to mission $2,509,829 · Excluded from tax $68,779$3,748,536
Part IX · Statement of functional expenses $3,417,421 across 30 lines filed
IX-1 Grants to domestic organizations$0
IX-2 Grants to domestic individuals$0
IX-3 Grants and assistance to foreign recipients$0
IX-4 Benefits paid to or for members$0
IX-5 Pay of current officers, directors and key staffPrograms $1,008,448 · Management $11,551 · Fundraising $28,782$1,048,781
IX-6 Pay of disqualified persons$0
IX-7 Other salaries and wagesPrograms $1,221,870 · Management $13,995 · Fundraising $34,874$1,270,739
IX-8 Pension plan contributionsPrograms $36,322 · Management $569 · Fundraising $1,640$38,531
IX-9 Other employee benefitsPrograms $109,954 · Management $4,050 · Fundraising $7,119$121,123
IX-10 Payroll taxesPrograms $133,495 · Management $2,175 · Fundraising $4,879$140,549
IX-11a Management feesPrograms $26,347 · Management $25,572 · Fundraising $25,572$77,491
IX-11b Legal feesPrograms $20,027$20,027
IX-11c Accounting feesPrograms $43,605 · Management $22,639$66,244
IX-11d Lobbying fees$0
IX-11e Professional fundraising fees$0
IX-11f Investment management fees$0
IX-11g Other fees for servicesPrograms $431,897 · Management $2,545$434,442
IX-12 Advertising and promotionPrograms $5,400 · Fundraising $2,247$7,647
IX-13 Office expensesPrograms $27,450 · Management $1,428 · Fundraising $801$29,679
IX-14 Information technologyPrograms $9,394 · Management $929$10,323
IX-15 Royalties$0
IX-16 OccupancyPrograms $29,727 · Management $1,215 · Fundraising $5,000$35,942
IX-17 TravelPrograms $23,476$23,476
IX-18 Travel and entertainment for public officials$0
IX-19 Conferences, conventions and meetingsManagement $2,995$2,995
IX-20 InterestManagement $163$163
IX-21 Payments to affiliates$0
IX-22 Depreciation, depletion and amortizationPrograms $27,531 · Management $3,059$30,590
IX-23 InsurancePrograms $14,302 · Management $1,589$15,891
IX-24 Other expenses (24a–d)Programs $35,055 · Management $7,733$42,788
IX-25 Total functional expensesPrograms $3,204,300 · Management $102,207 · Fundraising $110,914$3,417,421
Part X · Balance sheet $22,174,909 assets, 24 lines filed
X-1 Cash, non-interest-bearingStart of year $3,383,303$7,784,071
X-2 Savings and temporary cash investmentsStart of year $1,000,391$1,000,891
X-3 Pledges and grants receivableStart of year $7,829,885$4,936,393
X-4 Accounts receivableStart of year $5,115,419$10,783
X-8 Inventories for sale or useStart of year $0$0
X-9 Prepaid expenses and deferred chargesStart of year $120,858$778,092
X-10c Land, buildings and equipment, netStart of year $24,375$0
X-11 Publicly traded securitiesStart of year $0$0
X-12 Other securitiesStart of year $0$0
X-13 Program-related investmentsStart of year $2,485,902$2,550,098
X-14 Intangible assetsStart of year $0$0
X-15 Other assetsStart of year $0$5,114,581
X-16 Total assetsStart of year $19,960,133$22,174,909
X-17 Accounts payable and accrued expensesStart of year $478,658$504,417
X-18 Grants payableStart of year $0$0
X-19 Deferred revenueStart of year $0$0
X-20 Tax-exempt bond liabilitiesStart of year $0$0
X-24 Unsecured notes and loans payableStart of year $425,000$2,525,000
X-25 Other liabilitiesStart of year $0$0
X-26 Total liabilitiesStart of year $903,658$3,029,417
X-27 Net assets without donor restrictionsStart of year $19,056,475$18,070,492
X-28 Net assets with donor restrictionsStart of year $0$1,075,000
X-32 Total net assets or fund balancesStart of year $19,056,475$19,145,492
X-33 Total liabilities and net assetsStart of year $19,960,133$22,174,909
Part XI · Reconciliation of net assets $19,145,492 net assets at year end
XI-1 Total revenue$3,748,536
XI-2 Total expenses$3,417,421
XI-3 Revenue less expenses$331,115
XI-4 Net assets at start of year$19,056,475
XI-5 Net unrealized gains (losses) on investments−$244,356
XI-9 Other changes in net assets$2,258
XI-10 Net assets at end of year$19,145,492

Form 990 e-file (XML) FY2021 from the IRS · Classification, formation year and address from the IRS Business Master File

Similar organizations you could support · Compare with another nonprofit

Names, privacy, and removal requests More

The names, titles, and compensation shown on this page are reproduced from IRS Form 990 filings, which are public records.

Philanthropy.org does not alter the content of those filings. All information appears exactly as reported by the filing organization for the tax year shown.

We publish only information contained in the public IRS filing — and less than the filing contains. Our profile pages do not display street addresses, telephone numbers, personal email addresses, or other personal contact information, even where the filing includes them.

Many people share the same name. A name shown on this page reflects only what one organization reported in one IRS filing for one tax year. It should not be interpreted as identifying any other individual with the same or a similar name.

If you are no longer affiliated with the organization, your name will generally stop appearing in future IRS filings once the organization no longer reports you. Pages for tax years in which you were reported remain published because those filings remain part of the public record.

Philanthropy.org does not alter or remove IRS filing records. Removing a page from this website would not remove the underlying IRS filing, which remains publicly available from the IRS and other publishers of the same information.

If you believe the IRS filing itself is inaccurate, corrections must be made by the filing organization or the IRS directly.

If you ARE the filing organization, claim this org and add context

Made it to the end? Claim this organization

All figures are derived from public IRS Form 990 filings and are presented without evaluation of any organization. philanthropy.org does not rate, score, or rank organizations, including the pay comparisons above.