Overview
What is Imagine H2O Inc?
Imagine H2O Inc, located in San Francisco, California, is a nonprofit organization dedicated to addressing global water challenges by empowering innovators and startups. Through their programming, they identify and support water entrepreneurs who show commercial viability and impact potential, with a focus on four key areas: climate change, equity expansion, resource circularity and efficiency, and health improvement. In 2022, they supported 17 innovative water projects in high-impact markets across several countries, providing funding for these initiatives. The organization's efforts have led to significant capital raises for its associated water entrepreneurs, amassing over $205 million in 2022 and surpassing $1 billion in total since its inception. With a staff of 9 individuals, Imagine H2O Inc plays a crucial role in fostering water innovation on a global scale.
Official website here: www.imagineh2o.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 97% (Four-Star out of Four Star rating)
Imagine H2O Inc has received a remarkable 97% rating from Charity Navigator, which indicates a high level of accountability and financial health. This score is derived solely from their performance in the Accountability & Finance beacon, reflecting their commitment to transparency and responsible management of funds. The organization boasts an entirely independent board, showcasing strong governance practices.
The nonprofit demonstrates excellent fiscal responsibility, with a program expense ratio of 71.45%, indicating that a significant portion of their funds is allocated directly to their programs. Their low fundraising efficiency ratio of $0.09 signifies that they maintain cost-effective fundraising strategies. Additionally, the organization has no material diversion of assets, reinforcing their integrity in financial reporting.
Overall, Imagine H2O Inc appears to excel in various governance metrics, including policies on conflict of interest and whistleblower protections. Their solid financial ratios and commitment to accountability contribute to their strong reputation among donors and stakeholders. However, there are no noted limitations in the data, which may suggest a well-managed organization with effective operational practices.
This AI summary has been generated from information found on Charity Navigator.
Is Imagine H2O Inc legitimate?
Imagine H2O Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Imagine H2O Inc 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.
Heare are some key statistics you may want to consider:
Executive Compensation: $663,860
Professional Fundraising Fees: $0
Other Salaries and Wages: $653,204
For more financial information, click here
Official website here: www.imagineh2o.org
What is the mission statement of Imagine H2O Inc?
Imagine H2O Inc's mission is to empower people worldwide to deploy and develop innovative solutions to address water challenges. Through its programming, Imagine H2O identifies and supports water innovators and startups demonstrating commercial viability and impact potential. The organization focuses on four impact areas: climate change, expanding equity, advancing resource circularity and efficiency, and improving health. In 2022, their programs supported 17 global water entrepreneurs, providing funding to 10 water innovation projects in various high-impact markets. They launched The Sustainable Access Solution Fund to double their pilot funding, enhancing their global approach to supporting and deploying innovation. Their initiatives have resulted in significant capital raised for the water entrepreneurs, with over $205 million in equity capital raised in 2022 and a total of over $1 billion since inception. They have also connected water entrepreneurs with potential customers, mentors, and investors.
Official website here: www.imagineh2o.org
Who is the CEO of Imagine H2O Inc?
Scott Bryan is the President of Imagine H2O Inc.
Official website here: www.imagineh2o.org
What is the revenue of Imagine H2O Inc?
Imagine H2O Inc's revenue in 2022 was $4,310,257.
Official website here: www.imagineh2o.org
Who are the executives of Imagine H2O Inc and what are their salaries?
The average compensation at Imagine H2O Inc during 2022 was $146,340. There are 9 employees and 25 volunteers at Imagine H2O Inc.
Here are 11 key members and their salaries:
- Compensation: $175,154
- Related: $0
- Other: $0
- Compensation: $175,062
- Related: $0
- Other: $0
- Compensation: $165,000
- Related: $0
- Other: $0
- Compensation: $148,644
- Related: $0
- Other: $0
- Compensation: $130,738
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Official website here: www.imagineh2o.org
Where can I find the form 990 for Imagine H2O Inc?
Imagine H2O Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.imagineh2o.org
Learn more at the official website: www.imagineh2o.org
Mission Statement of Imagine H2O Inc
Imagine H2O, a pioneering organization, is dedicated to empowering individuals globally to deploy and develop innovative solutions to address water challenges. Through its programming, Imagine H2O identifies and supports water innovators and startups demonstrating commercial viability and impact potential.
The mission of Imagine H2O is ambitious: to envision and build solutions with the world's best water entrepreneurs, aiming to create change in four impact areas including tackling climate change, expanding equity, advancing resource circularity and efficiency, and improving health. In 2022, their programs supported 17 global water entrepreneurs at the forefront of innovation, in line with the United Nations Development Goal 6 - Clean water and sanitation for all. They provided award funding to 10 water innovation projects in high-impact markets across seven countries, launching The Sustainable Access Solution Fund to double their pilot funding, strengthening their global approach to supporting and deploying innovation.
Imagine H2O's efforts have proved fruitful, with their current cohort and alumni raising over $205 Million in equity capital in 2022 and more than $1 Billion in total since the organization's inception. They have also introduced over 275 customers, mentors, and investors to the water entrepreneurs in their 2022 programs, furthering the reach and impact of their mission.
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Impact
June, 2024
Imagine H2O Inc empowers people to deploy and develop innovation to solve water challenges globally. Through its programming, Imagine H2O identifies and supports water innovators and startups demonstrating commercial viability and impact potential. In 2022, their programs supported 17 global water entrepreneurs at the forefront of innovation in the context of the UN Development Goal 6 - Clean water and sanitation for all. They provided award funding to 10 water innovation projects in high-impact markets across seven countries and launched The Sustainable Access Solution Fund to double their pilot funding, strengthening their global approach to supporting and deploying innovation. Imagine H2O's current cohort and alumni raised over $205 million in equity capital in 2022, and have raised more than $1 billion in total since the inception of the organization. Additionally, they have introduced over 275 customers, mentors, and investors to the water entrepreneurs in their 2022 programs. Their impact areas include tackling climate change, expanding equity, advancing resource circularity and efficiency, and improving health, making a significant contribution to addressing water challenges on a global scale.
This information is meant to be a general summary of Imagine H2O Inc. 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.
- Program Service Revenue: $29,731
- Gross Receipts: $4,310,257
Assets and Liabilities:
- Total Assets: $3,225,436
- Total Liabilities: $99,912
- Net Assets: $3,125,524
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Program Application Fees
Revenue
$29,731
Organization Details
Founding Year
2007
Phone
(415) 828-6344Principal Officer
Scott Bryan
Main Address
Four Embarcadero Center Suite 1400, San Francisco, CA, 94111
Website
www.imagineh2o.orgNTEE Category
Code: C30 - Environment
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