Water Drop EIN 85-2327993 Form 990 (PDF) Claim this org

Water Drop

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Delivers clean water and necessities to communities facing water scarcity. For fiscal year 2025 it reported $286K in revenue, $284K in expenses, and $243K in net assets.Pt I

Founded
2020
Type
Public charity (501(c)(3)) · Human Services
Location
Los Angeles, CA
Website
www.waterdropla.org
Filings
6 on file (2020–2025)
Revenue
$286KFY2025
Expenses
$284K
Net assets
$243K
People
3
Filings
6
Updates
0
More identity details & actions ⌄
EIN  85-2327993 Public charity (501(c)(3)) Los Angeles, CA Founded 2020
Form 990 (PDF)
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Size
$100K–1M
What they do
Delivers clean water and necessities to communities facing water scarcity.
Leadership
Mishell Reyes · Treasurer/Se · $1K
Money in and out
$286K revenue, $284K expenses
Bottom line
91% program efficiency
Where the money goes · FY2025
Total revenue
$286K
Pt VIII · Ln 12
Total expenses
$284K
Pt IX · Ln 25
Net assets
$243K
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): $2K
Where spending went · Part IX cols B–D
Program services $0.91 Management & general $0.06 Fundraising $0.02
Program efficiency
91%
of spending reaches programs+0.05% vs prior filing year
Operating runway
9.8mo
months of highly liquid reserves at operating expense rate▼ -10% vs prior filing year
Surplus margin
+0.8%
revenue over expenses, this year▼ -96% vs prior filing year

Summary of the Filing

Part I · fiscal year 2025 · Form 990
Revenue
$286K
FY2025▼ -14%
Expenses
$284K
FY2025▲ +7%
Total assets
$243K
FY2025▲ +0.9%
Total liabilities
$0
FY2025
Total revenue
$286K
Pt VIII · Ln 12
Total expenses
$284K
Pt IX · Ln 25
Net assets
$243K
Pt X · Ln 32
Revenue less expensesPt I · Ln 19$2K
Total assetsPt X · Ln 16$243K
Program-expense ratioPt IX · col B91%
Voting members of governing bodyPt I · Ln 33
Independent voting membersPt I · Ln 43

Identity & Classification

Form 990 Header · IRS Business Master File
Legal nameHdr · item CWater Drop
EINHdr · item D85-2327993
Principal addressHdr · item CLos Angeles, CA
WebsiteHdr · item Jwww.waterdropla.org
Year of formationHdr · item L2020
State of legal domicileHdr · item MCA
Exempt statusHdr · item I501(c)(3) · active
NTEE classificationIRS BMFHuman Services (P85)
Ruling yearIRS BMFDec 2020

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1a3
Independent voting membersPt VI · Ln 1b3
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
Treasurer/Se
$802Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A

Mishell Reyes’s $802 as Treasurer/Se is at the 0th percentile of top reported officer pay among 2165 $100K–1M human services 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 · 6 named individuals · Part VII

NameFY2025FY2024
Folasade Kammen$6,479
Xun Contreras$3,323
Katherine Montanez$2,740
Jordy Coutin$2,261
Kelvin Alvarez$1,602
Mishell Reyes$802

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.

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Mission & Programs · Part III

Where the work happens

1 program service account for $260K of program spending, described in the organization's own filed words · FY2025.
01

Water drop la provided clean water and other necessities to communities facing water inaccessibility, by distributing gallons of water to skid row each week and by providing water to our partner organizations.

$260Kprogram expense

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Statement of Revenue

Part VIII
Contributions & grants100%$286K
Total revenueLn 12$286K

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.91 Management & general $0.06 Fundraising $0.02
Program services91%$260K
Management & general6%$18K
Fundraising2%$6K
Total functional expensesLn 25$284K

Balance Sheet

Part X · end of year
CashLn 1$232K
Total assetsLn 16$243K
Total liabilitiesLn 26$0
Total net assetsLn 32$243K
Months of cash on handcomputed9.8

Financial Metrics

Form 990 · FY2025 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $232K · Operating expenses/yr $284K
9.8 months
Where the money goes
Program services
Program services $260K · Total expenses $284K
91%
Management & General
Management & general $18K · Total expenses $284K
6%
Fundraising
Fundraising $6K · Total expenses $284K
2%
Cost to raise $1
Fundraising expense (3-yr avg) $6K · Solicited contributions (3-yr avg) $317K
$0.02 to raise $1 (3-yr avg)
Where the money comes from
Contribution dependence
Contributions & grants $286K · Total revenue $286K
100%
Government reliance
Government grants — · Total revenue $286K
Earned-income share
Program service revenue $0 · Total revenue $286K
0%
Investment reliance
Investment income $0 · Total revenue $286K
0%
Program self-sufficiency
Program service revenue $0 · Total expenses $284K
0%
Growth & trend
Revenue growth (YoY)
This year $286K · Prior year $334K
-14%
Revenue CAGR
FY2020 $402K · FY2025 $286K
-7%
Net-asset trend (YoY)
End of year $243K · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $286K · Expenses $284K
+0.8%
Liabilities-to-Assets
Total liabilities — · Total assets $243K
Net-asset ratio
Net assets $243K · Total assets $243K
100%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) — · Other securities (Pt X, ln 12) — · Total assets (Pt X, ln 16) $243K
Excludes program-related investments (Pt X, ln 13)
People & payroll
Highest Reported Total Compensation
Individual Mishell Reyes · Reported title TREASURER/SE · Highest reported compensation $802 · Total expenses $284K
0.3%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) $12K · Total expenses $284K
4%
Peer comparison

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

MetricThis orgPeer medianPercentile
Program ratio 91%
Overhead ratio 6%
Fundraising cost ratio 2%
Revenue growth -14%

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 · received and paid
Grants received · FY2024
United Way INCFY2024$25K
Total grants receivedfrom 4 funders$42K
See all 4 funders →
Grants paid · 3 grants · $15K · 2024–2025
Nat Alliance of Farmworker WomenCA · FY2025$6,900
Unitemized GrantFY2025$1,000
Nat Alliance of Farmworker WomenCA · FY2024$6,900

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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)$286K revenue · viewing · ⤓ 990 PDF
FY2024$334K revenue · ⤓ 990 PDF
FY2023$330K revenue · ⤓ 990 PDF
FY2022$83K revenue · ⤓ 990 PDF
FY2021$77K revenue · ⤓ 990 PDF
FY2020$402K revenue · ⤓ 990 PDF

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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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