Overview
What is Water Foundation?
The Water Foundation is a nonprofit organization based in Sacramento, California, with a team of 23 employees. Their mission is to ensure the availability of safe water for communities and preserve the health of freshwater ecosystems, while also building climate resilience. In 2022, they provided grants for sustainable groundwater management, securing affordable drinking water, restoring rivers, and upholding tribal justice. Through their partnerships and initiatives, the Water Foundation advocates for and invests in community-based and frontline groups, strengthening the national movement towards lasting water solutions.
Official website here: www.waterfdn.org
What are the reviews and ratings of this charity?
Charity Navigator rating: 97%, Four-Star out of Four Stars
The Water Foundation has achieved an impressive Four-Star rating from Charity Navigator, reflecting its strong accountability and financial health. The organization's score is calculated entirely from high marks in the Accountability & Finance category, showcasing its commitment to transparency and responsible management of funds. The foundation has demonstrated excellent governance with 88% independent board members and a high level of oversight in financial statements.
Strengths noted include a strong program expense ratio of 90.61%, indicating that a significant portion of the funds is directed toward its missions. Additionally, the foundation maintains a favorable liabilities to assets ratio, which is well below 6%, and boasts a solid working capital ratio of 2.21 years. These metrics imply that the organization is not only sustainable but also prioritizes its programs effectively.
However, the organization faces a low fundraising efficiency ratio, with only $0.002 spent to raise a dollar, which could indicate higher costs associated with fundraising efforts. While the foundation's overall financial health is commendable, improving fundraising efficiency could enhance its ability to allocate more resources directly toward its programs and initiatives.
This AI summary has been generated from information found on Charity Navigator.
Is Water Foundation legitimate?
Water Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Water 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.
Heare are some key statistics you may want to consider:
Executive Compensation: $589,358
Professional Fundraising Fees: $0
Other Salaries and Wages: $2,340,835
For more financial information, click here
Official website here: www.waterfdn.org
What is the mission statement of Water Foundation?
The Water Foundation and its partners work towards securing safe water for people, restoring and sustaining freshwater ecosystems, and building climate resilience. Through grantmaking and advocacy, the Healthy Communities and Healthy Watersheds programs aim to provide clean water for people, restore and maintain freshwater habitats, and enhance climate resilience. In 2022, the foundation supported sustainable groundwater management, inclusive water access, and climate resilience initiatives in various regions, including California and the Pacific Northwest. Additionally, the Water Foundation invests in water justice networks to empower community-based and frontline groups and strengthen the national movement for water protection.
Official website here: www.waterfdn.org
Who is the CEO of Water Foundation?
Allison Harvey Turner is the Chief Executive Officer of Water Foundation. The CEO's salary of Water Foundation is $304,292 and their total compensation is $342,051.
Official website here: www.waterfdn.org
What is the revenue of Water Foundation?
Water Foundation's revenue in 2022 was $25,984,608.
Official website here: www.waterfdn.org
Who are the executives of Water Foundation and what are their salaries?
The average compensation at Water Foundation during 2022 was $127,400. There are 23 employees and 10 volunteers at Water Foundation.
Here are 15 key members and their salaries (Water Foundation's CEO's salary is $304,292 and their total compensation is $342,051):
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
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- Other: $0
- Compensation: $0
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- Other: $0
- Compensation: $0
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- Other: $0
- Compensation: $0
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- Other: $0
- Compensation: $0
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- Other: $0
- Compensation: $0
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- Other: $0
- Compensation: $0
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- Other: $0
- Compensation: $304,292
- Related: $0
- Other: $37,759
- Compensation: $219,178
- Related: $0
- Other: $28,128
- Compensation: $207,931
- Related: $0
- Other: $37,354
- Compensation: $206,810
- Related: $0
- Other: $31,941
- Compensation: $191,458
- Related: $0
- Other: $22,283
- Compensation: $160,463
- Related: $0
- Other: $20,613
- Compensation: $155,322
- Related: $0
- Other: $23,506
Official website here: www.waterfdn.org
Where can I find the form 990 for Water Foundation?
Water Foundation's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.waterfdn.org
Learn more at the official website: www.waterfdn.org
Mission Statement of Water Foundation
The Water Foundation, a leading nonprofit organization, is dedicated to ensuring the availability of safe water for people, revitalizing and maintaining freshwater ecosystems, and fostering climate resilience. Through its grantmaking and advocacy efforts, the Healthy Communities and Healthy Watersheds programs of the Water Foundation are securing clean water for populations, restoring and sustaining freshwater habitats, and bolstering climate resilience.
In the realm of grassroots initiatives, the Water Foundation granted funds in 2022 to support sustainable, inclusive groundwater management and the provision of safe and affordable drinking water in California. Additionally, a coalition was advanced in Los Angeles County to champion equitable, nature-based infrastructure. Another campaign was initiated to restore the Snake River and uphold tribal justice in the Pacific Northwest. Furthermore, the Foundation invested in water justice networks to bolster the capacity of community-based and frontline organizations and fortify a stronger national movement.
By fostering collaborative partnerships and championing impactful projects, the Water Foundation is making strides towards securing a future where people and the environment can thrive in harmony.
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Impact
October, 2024
Water Foundation's impact is profound and multifaceted, focusing on securing safe and clean water for communities while promoting the restoration and sustainability of freshwater ecosystems. Through strategic grantmaking and advocacy, it supports initiatives that ensure access to safe and affordable drinking water, particularly in California, and fosters sustainable groundwater management practices.
In Los Angeles County, the foundation has championed equitable, nature-based infrastructure, collaborating with coalitions to enhance urban water systems. In the Pacific Northwest, efforts to restore the Snake River not only aim to uphold tribal justice but also emphasize the restoration of vital waterways. In New Mexico, protections for the Rio Grande have been secured, showcasing the foundation's commitment to safeguarding outstanding waters.
Additionally, by investing in water justice networks, Water Foundation strengthens community-based and frontline groups, enhancing their capacity to advocate for water rights and environmental justice. This holistic approach fosters healthy communities and resilient ecosystems, addressing the immediate needs for clean water while laying the groundwork for long-term climate resilience.
This information is meant to be a general summary of Water 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: $57,709
- Gross Receipts: $25,984,608
Assets and Liabilities:
- Total Assets: $31,142,344
- Total Liabilities: $1,664,339
- Net Assets: $29,478,005
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Organization Details
Founding Year
2016
Phone
(916) 414-3310Principal Officer
Allison Harvey Turner
Main Address
3335 WATT AVE B, SACRAMENTO, CA, 95821
Website
www.waterfdn.orgNTEE Category
Code: C32 - Environment
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