Overview
What is Water Quality Research Foundation?
The Water Quality Research Foundation is a nonprofit organization situated in Lisle, IL. Its primary mission revolves around educating and conducting research to improve the quality of water for the general public. Through its programs, the foundation strives to spread awareness about water quality. The foundation's work is dedicated to enhancing the quality of water for the benefit of all, promoting a healthier and safer environment.
Official website here: www.wqrf.org
What are the reviews and ratings of this charity?
Rating from Charity Navigator: 56% (One-Star out of Four Star rating)
The Water Quality Research Foundation has received a One-Star rating from Charity Navigator, indicating concerns regarding its accountability and financial practices. While the organization boasts a fully independent board and has a strong audit and oversight committee, it has shortcomings in its financial management, particularly with a low program expense ratio of 48.11%. This suggests that less than half of its expenditures are directed toward its programs, which could raise questions about the effectiveness of its funding allocation.
The foundation demonstrates good governance practices, including robust policies for conflict of interest and whistleblower protection. Furthermore, it scores well in areas such as material diversion of assets and transparency in its board meeting minutes. However, the absence of a tax form on its website and a high liabilities to assets ratio points to financial risk that potential donors may want to consider.
Overall, while the Water Quality Research Foundation shows strengths in board independence and governance, its financial metrics reflect areas needing significant improvement. Prospective supporters might weigh these factors carefully before contributing.
This AI summary has been generated from information found on Charity Navigator.
Is Water Quality Research Foundation legitimate?
Water Quality Research Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Water Quality Research Foundation submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.
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Official website here: www.wqrf.org
What is the mission statement of Water Quality Research Foundation?
The Water Quality Research Foundation's mission is to promote education and research aimed at improving water quality for the public. Their programs are designed to raise awareness about water quality and further this cause. The foundation's primary objective is to enhance the quality of water, contributing to a safer and healthier environment for all.
Official website here: www.wqrf.org
Who is the CEO of Water Quality Research Foundation?
Douglas S Karge is the Director of Water Quality Research Foundation.
Official website here: www.wqrf.org
What is the revenue of Water Quality Research Foundation?
Water Quality Research Foundation's revenue in 2022 was $3,099,297.
Official website here: www.wqrf.org
Who are the executives of Water Quality Research Foundation and what are their salaries?
There 9 volunteers at Water Quality Research Foundation.
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Official website here: www.wqrf.org
Where can I find the form 990 for Water Quality Research Foundation?
Water Quality Research Foundation's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.wqrf.org
Learn more at the official website: www.wqrf.org
Mission Statement of Water Quality Research Foundation
The Water Quality Research Foundation, a dedicated organization, is committed to enlightening and conducting research aimed at improving the quality of water for the benefit of the public. Its mission is to promote awareness regarding water quality and inspire action towards enhancing it. The Foundation's activities are centered around this mission, with a focus on education and research that can make a significant impact on the quality of water we all rely on. By fostering knowledge and encouraging innovative research, the Water Quality Research Foundation strives to contribute to a healthier and safer world.
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Impact
June, 2024
The Water Quality Research Foundation's impact is significant in improving the quality of water for the general public through education and research. Its programs are specifically designed to raise awareness about water quality issues and promote solutions that benefit individuals and communities. The foundation's work plays a crucial role in enhancing access to clean and safe water, ultimately contributing to the overall well-being of society.
This information is meant to be a general summary of Water Quality Research Foundation. Please take the time to review official sources before making any decisions based upon the content provided here.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $24,616
- Gross Receipts: $3,219,061
Assets and Liabilities:
- Total Assets: $5,027,465
- Total Liabilities: $9,500
- Net Assets: $5,017,965
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Organization Details
Founding Year
1952
Phone
(630) 505-0160Principal Officer
Douglas S Karge
Main Address
2375 CABOT DRIVE, LISLE, IL, 60532
Website
www.wqrf.orgNTEE Category
Code: C05 - Environment
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