Overview
What is Village Water Filters Inc?
Village Water Filters Inc is a nonprofit organization situated in Grand Rapids, Michigan. Their main objective is to bridge people, businesses, and innovation, ultimately striving to ensure everyone globally has access to clean and safe drinking water. They accomplish this mission by providing water filters. While they distribute some filters for free, others are offered at a reasonable cost. Their work in this field is instrumental in addressing the critical need for clean water, improving health and well-being worldwide.
What are the reviews and ratings of this charity?
Charity Navigator Rating: Two-Star out of Four Star rating (73%)
Village Water Filters Inc has received a two-star rating from Charity Navigator, indicating a need for improvement in certain areas of accountability and transparency. While the organization scores well in critical financial aspects, such as a perfect program expense ratio of 100% and a strong liabilities to assets ratio, the absence of key governance policies raises concerns.
The nonprofit boasts a fully independent board, with perfect scores in board composition and the documentation of meeting minutes, signifying strong governance in those areas. However, the lack of a conflict of interest policy, whistleblower policy, and a document retention policy highlight significant gaps in governance practices that could impact accountability to stakeholders.
Overall, while Village Water Filters Inc demonstrates effective management of its program expenses and solid financial health, the missing policies suggest areas for potential growth and enhancement in organizational transparency and accountability. Addressing these shortcomings would improve their operational effectiveness and trustworthiness among donors and the community.
This AI summary has been generated from information found on Charity Navigator.
Is Village Water Filters Inc legitimate?
Village Water Filters Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Village Water Filters 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
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What is the mission statement of Village Water Filters Inc?
Village Water Filters Inc's mission is centered around connecting people and businesses, leveraging innovation, to ensure that individuals worldwide have access to clean and safe drinking water. They achieve this by providing water filters as a solution. In addition to distributing filters for free, they also offer some at an affordable price.
What is the revenue of Village Water Filters Inc?
Village Water Filters Inc's revenue in 2024 was $82,694.
Who are the executives of Village Water Filters Inc and what are their salaries?
There 40 volunteers at Village Water Filters Inc.
There is 1 key member and their salary:
- Compensation: $0
- Related: $0
- Other: $0
Where can I find the form 990 for Village Water Filters Inc?
Village Water Filters Inc's most recent form 990 was submitted in 2024 and can be accessed here.
Mission Statement of Village Water Filters Inc
Village Water Filters Inc, a mission-driven organization, strives to bridge the gap between people, businesses, and innovation to ensure access to clean and safe drinking water worldwide. Their primary goal is to achieve this by distributing water filters to communities in need. While some water filters are provided free of charge, others are sold at affordable prices. The organization's mission is centered around the belief that by fostering connections and encouraging innovation, they can contribute significantly to addressing the global issue of safe drinking water.
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Impact
August, 2024
Village Water Filters Inc has a significant impact on communities by providing access to clean and safe drinking water through the distribution of water filters. This initiative helps improve the health and well-being of individuals by reducing the risk of waterborne diseases. Additionally, by offering water filters at a low cost or for free, the organization ensures that even those with limited resources can benefit from this essential technology. Overall, Village Water Filters Inc's efforts contribute to creating a healthier and more sustainable future for communities in need of clean water solutions.
This information is meant to be a general summary of Village Water Filters 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 2024.
- Gross Receipts: $897,063
Assets and Liabilities:
- Total Assets: $215,817
- Total Liabilities: $110,100
- Net Assets: $105,717
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Organization Details
Founding Year
2014
Principal Officer
Jereme Lambert
NTEE Category
Code: Z99 - Unknown
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