Overview
What is For Love Of Water?
For Love Of Water is a nonprofit organization based in Traverse City, Michigan, with a focus on bringing awareness to the issues concerning the Great Lakes Basin fresh water supply. Their primary mission is to ensure the waters of the Great Lakes Basin remain healthy, accessible, and protected for all. With a team of ten dedicated employees, For Love Of Water works tirelessly to safeguard this vital resource, likely through a combination of education, advocacy, and potential research efforts.
Official website here: www.forloveofwater.org
What are the reviews and ratings of this charity?
Rating from Charity Navigator: 94% (Four-Star out of Four Star rating)
For Love Of Water has achieved an impressive Four-Star rating from Charity Navigator, indicating strong overall performance and financial health. The organization excels particularly in its Accountability & Finance score of 95%, highlighting transparency and efficient use of resources. Additionally, it maintains a robust Program Expense Ratio of 72.55%, ensuring that the majority of funds are directed towards its mission-driven programs.
The organization also demonstrates commendable strengths in Leadership & Adaptability, scoring a perfect 100%, which suggests effective governance and strategic planning. With 100% independent board members and a solid working capital ratio of 3.58 years, For Love Of Water appears well-positioned to sustain its operations and adapt to future challenges. Furthermore, their equity strategies score is a respectable 83, reflecting a commitment to inclusivity and equity within their initiatives.
However, while there are many positives, there is a noted limitation regarding document retention and destruction policies, which received a score of 0 out of 5 points. This area might require attention to ensure that all governance practices are robust and comprehensive. Overall, For Love Of Water stands out as a well-managed nonprofit with a clear focus on its mission and a strong commitment to accountability.
This AI summary has been generated from information found on Charity Navigator.
Is For Love Of Water legitimate?
For Love Of Water is a legitimate nonprofit organization registered as a 501(c)(3) entity. For Love Of Water 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: $103,853
Professional Fundraising Fees: $0
Other Salaries and Wages: $384,752
For more financial information, click here
Official website here: www.forloveofwater.org
What is the mission statement of For Love Of Water?
The mission of For Love Of Water is to safeguard the health, public access, and protection of the waters within the Great Lakes Basin for the benefit of all. This organization aims to bring awareness to the issues concerning the fresh water supply of the Great Lakes Basin, with the ultimate goal of ensuring its well-being for future generations.
Official website here: www.forloveofwater.org
What is the revenue of For Love Of Water?
For Love Of Water's revenue in 2024 was $1,146,037.
Official website here: www.forloveofwater.org
Who are the executives of For Love Of Water and what are their salaries?
The average compensation at For Love Of Water during 2024 was $61,076. There are 8 employees and 20 volunteers at For Love Of Water.
Here are 9 key members and their salaries:
- Compensation: $103,853
- Related: $0
- Other: $6,399
- 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
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Official website here: www.forloveofwater.org
Where can I find the form 990 for For Love Of Water?
For Love Of Water's most recent form 990 was submitted in 2024 and can be accessed here.
Official website here: www.forloveofwater.org
Learn more at the official website: www.forloveofwater.org
Mission Statement of For Love Of Water
For Love of Water, a nonprofit organization, is dedicated to ensuring the waters of the Great Lakes Basin are healthy, public, and protected for all. This mission is carried out by bringing awareness to issues concerning the fresh water supply in the Great Lakes Basin. By advocating for the well-being of this vital resource, For Love of Water strives to safeguard it for future generations.
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Impact
June, 2024
For Love Of Water's impact can be seen in its efforts to ensure the waters of the Great Lakes Basin are healthy, public, and protected for all. By bringing awareness to issues concerning the Great Lakes Basin fresh water supply, this organization plays a critical role in advocating for the preservation and sustainable use of this vital natural resource. Through its mission, For Love Of Water is making a significant contribution to environmental conservation and the promotion of water security in the region.
This information is meant to be a general summary of For Love Of Water. 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 2024.
- Investment Income: $117,340
- Program Service Revenue: $840
- Gross Receipts: $1,676,018
Assets and Liabilities:
- Total Assets: $1,066,199
- Total Liabilities: $84,961
- Net Assets: $981,238
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
PROGRAM SERVICE FEES
Revenue
$840
Organization Details
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