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2535 Water

Tax-deductible

Amarillo, TX501(c)(3)Public & Societal Benefit EIN 81-4144388Revenue $362K in FY2024Latest return filed Nov 10, 2025

On file with the IRS2535water.orgAmarillo, TXTax-exempt since Oct 2016Publicly supported charity — 170(b)(1)(A)(vi)

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To provide relief of the poor, distressed, and underprivileged in uganda, africa by drilling Water wells and providing school fees and medical expenses for impoverished children.

Form 990 Part I, line 1, FY2024. The organization’s own words, as filed with the IRS. Find it at the IRS (EIN 81-4144388) · Dispute this line
501(c)(3) charity; gifts are tax-deductible.
92¢ of each $1 spent went to programs.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX

Before you give

FY2024 · Form 990Independent: from IRS data, not the org
Download 990
IRS status
501(c)(3)
not on the IRS revocation list
Listed by the IRS and not on the revocation list.
IRS BMF · Auto-Revocation List
Tax-deductible gifts
Yes
Donations are tax-deductible
The IRS lists gifts to it as deductible.
IRS Pub. 78 · IRS BMF
Latest return
FY2024
latest Form 990
The latest return is for FY2024, 2 tax years back.
IRS e-file · Filing history
Surplus or deficit
3 of 5
filings with a surplus
Average surplus $87K a year · 27% of revenue · last 5 filings
A surplus in 3 of the last 5 filings.
Pt I · Ln 19 · 5 filings
Spent on programs
92%
of spending
92% of spending went to programs.
Pt IX · Ln 25 · col B
Cash reserves
0.8 mo
of spending, in cash
0.8 months of spending in cash.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
3
named funders · $160K
3 funders name it on their filings.
Funders’ Sch. I, 990-PF
Liabilities
$0
0% of total assets
Liabilities are 0% of assets.
Pt X · Ln 26
Independent board members
6
of 6 voting members
6 of 6 voting members are independent.
Pt VI · Ln 1a–1b
In line with peersDifferent from peersFar from peersNo peer rangeNo data yetTap a box for the reason.
Revenue
$362K
+102% vs prior year
Spent
$528K
To programs
92%
Net assets
$485K
By yearFY2020–FY2024
Revenue
$362K
FY2024▲ +102%
Tap a bar for its year
Revenue by fiscal year
FY2020$225K
FY2021$328K
FY2022$536K
FY2023$179K
FY2024$362K
Expenses
$528K
FY2024▲ +434%
Tap a bar for its year
Expenses by fiscal year
FY2020$229K
FY2021$160K
FY2022$180K
FY2023$99K
FY2024$528K
Net assets
$485K
FY2024▼ -13%
Tap a bar for its year
Net assets by fiscal year
FY2020$47K
FY2021$215K
FY2022$594K
FY2023$558K
FY2024$485K

From the FY2024 Form 990 · figures checked against the IRS filing · see the original

Give Follow Claim

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2024. IRS ruling in Oct 2016.

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

Where the money goes

92 cents of each dollar spent went to programs.

Program services 92% · $487K Management & general 8% · $41K

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

Something off? Claim to add context

Who runs it and what they're paid

6 people listed on the 990.

Part VII, Section A · reportable compensation
$0Pt VII · Sec A
Eric Matthews
Vice President
$0Pt VII · Sec A
Roy Phelps
Treasurer
$0Pt VII · Sec A
Kyle Cato
Director
$0Pt VII · Sec A
Cayla Cato
Director
$0Pt VII · Sec A
Lisa Phelps
Secretary
$0Pt VII · Sec A
See 2535 Water executive salaries →

Questions the 990 asks

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

  • Family or business ties among officersPt VI · Ln 2Yes
  • Top official's pay set by an independent reviewPt VI · Ln 15aNo

Programs and updates

Drills water wells and funds school fees and medical care for impoverished children in Uganda.

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2 programs · $487K · in their own filed words · FY2024
01

Water wells. The organization drilled Water wells in rural, impoverished villages in uganda, africa. Approximately 30,000 people benefited from these Water wells.

Form 990 Part III, line 4, FY2024. The organization’s own words, as filed with the IRS. Find it at the IRS (EIN 81-4144388) · Dispute this line
$466Kprogram expense
02

School fees. The organization provided school fees and medical expenses for multiple families and children.

Form 990 Part III, line 4, FY2024. The organization’s own words, as filed with the IRS. Find it at the IRS (EIN 81-4144388) · Dispute this line
$21Kprogram 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 · FY2024
Greater Kansas City Community FoundationFY2024$145K
Community Foundation of AbileneFY2024$10K
Dian Graves Owen FoundationFY2024$5K
Total grants receivedfrom 3 funders$160K
See all 3 funders →

By the numbers

The FY2024 990, line by line.

Download 990
from philanthropy.org
1The main four
Money inPt VIII
$362K
Ln 12
Gifts and grantsLn 1h$362K
Money outPt IX
$528K
Ln 25
Programscol B$487K
Managementcol C$41K
Owns and owesPt X
$485K
net assets · Ln 32
Cash and savingsLn 1–2$35K
Total assetsLn 16$485K
LiabilitiesLn 26$0
PeoplePt VI, VII
6
listed · VII A
PaidVII A0
Voting boardVI 1a6
IndependentVI 1b6
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$362K
Total revenueLn 12$362K
Assets in detailPt X, end of year
CashLn 1$35K
Cash and savings togetherLn 1–2$35K
Land, buildings, equipmentLn 10c$450K
Total assetsLn 16$485K
LiabilitiesLn 26$0
Net assetsLn 32$485K
OperationsPt I, VI
EmployeesI 50
VolunteersI 60
Fiscal year endsHeaderDecember
Conflict-of-interest policyVI 12aYes
Whistleblower policyVI 13Yes
Records policyVI 14Yes
3More from this return
Abroad and in kindSch F, M
Grants to other countriesSch F Pt II–III$369K
4Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY24End FY24
Cash and savingsLn 1–2$105K$35K
Land, buildings, equipmentLn 10c$570K$450K
Total assetsLn 16$675K$485K
LiabilitiesLn 26$116K$0
Net assetsLn 32$558K$485K
5Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Grants and assistance to foreign recipientsLn 3$346K$346K
Accounting feesLn 11c$3K$3K
Advertising and promotionLn 12$11K$11K
Travel and entertainment for public officialsLn 18$34K$34K
Depreciation, depletion and amortizationLn 22$120K$120K
Other expenses (24a–d)Ln 24$14K$10K$4K
Total functional expensesLn 25$528K$487K$41K$0

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2024 Latest ViewingFiled with the IRS Nov 10, 2025 $362K$528K−$166K$485K 990 PDF
FY2023Filed with the IRS Aug 1, 2024 $179K$99K$81K$558K 990 PDF
FY2022Filed with the IRS Nov 13, 2023 $536K$180K$356K$594K 990 PDF
FY2021Filed with the IRS Jul 14, 2022 $328K$160K$168K$215K 990 PDF
FY2020Filed with the IRS Nov 11, 2021 $225K$229K−$3K$47K 990 PDF

Schedules filed Part IV

A · Public support F · Foreign I · Grants O · Explanations
See the full FY2024 990
Part I · Summary $361,657 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $179,282$361,657
I-9 Program service revenuePrior year $0$0
I-10 Investment incomePrior year $0$0
I-11 Other revenuePrior year $0$0
I-12 Total revenuePrior year $179,282$361,657
I-13 Grants and similar amounts paidPrior year $41,100$346,083
I-14 Benefits paid to membersPrior year $0$0
I-15 Salaries and benefitsPrior year $0$0
I-16a Professional fundraising feesPrior year $0$0
I-17 Other expensesPrior year $57,678$181,742
I-18 Total expensesPrior year $98,778$527,825
I-19 Revenue less expensesPrior year $80,504−$166,168
Part VI · Governance 6 of 6 board members independent, 2 to look at
VI-1a Voting members of the governing body6
VI-1b Independent voting members6
VI-2 Family or business relationship among officers or directorsYes
VI-15a Process for setting top official's payNo
VI-12a Written conflict of interest policyYes
VI-13 Written whistleblower policyYes
VI-14 Document retention and destruction policyYes
Part VIII · Statement of revenue $361,657 across 3 lines filed
VIII-1f All other contributions, gifts and grants$361,657
VIII-1h Total contributions, gifts and grants$361,657
VIII-12 Total revenueRelated to mission $0 · Unrelated business $0 · Excluded from tax $0$361,657
Part IX · Statement of functional expenses $527,825 across 6 lines filed
IX-3 Grants and assistance to foreign recipientsPrograms $346,083$346,083
IX-11c Accounting feesManagement $3,450$3,450
IX-12 Advertising and promotionPrograms $10,580$10,580
IX-18 Travel and entertainment for public officialsManagement $33,866$33,866
IX-22 Depreciation, depletion and amortizationPrograms $120,000$120,000
IX-24 Other expenses (24a–d)Programs $10,000 · Management $3,846$13,846
IX-25 Total functional expensesPrograms $486,663 · Management $41,162 · Fundraising $0$527,825
Part X · Balance sheet $485,136 assets, 10 lines filed
X-1 Cash, non-interest-bearingStart of year $104,524$35,136
X-10c Land, buildings and equipment, netStart of year $570,000$450,000
X-16 Total assetsStart of year $674,524$485,136
X-25 Other liabilitiesStart of year $116,471$0
X-26 Total liabilitiesStart of year $116,471$0
X-29 Capital stock or trust principalStart of year $0$0
X-30 Paid-in or capital surplusStart of year $0$0
X-31 Retained earnings or endowmentStart of year $558,053$485,136
X-32 Total net assets or fund balancesStart of year $558,053$485,136
X-33 Total liabilities and net assetsStart of year $674,524$485,136
Part XI · Reconciliation of net assets $485,136 net assets at year end
XI-1 Total revenue$361,657
XI-2 Total expenses$527,825
XI-3 Revenue less expenses−$166,168
XI-4 Net assets at start of year$558,053
XI-8 Prior period adjustments$93,251
XI-9 Other changes in net assets$0
XI-10 Net assets at end of year$485,136

Form 990 e-file FY2024 from the IRS (about our sources) · Classification, formation year and address from the IRS Business Master File

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