Overview
What is Safe Water Network?
Safe Water Network is a nonprofit organization based in New York, NY. Their primary focus is ensuring communities worldwide have access to safe and sustainable water supplies. They achieve this through various means, including field implementations in Ghana and India, showcasing successful approaches for rural and peri-urban communities. Additionally, they offer technical services, providing training, resources, and capabilities to other organizations, collectively reaching 10 million people with safe water. Lastly, Safe Water Network engages with the international water services ecosystem to establish best practices, share findings, and advocate for conducive policies and funding for safe water supply in underserved communities globally. Their ultimate vision is a world where healthy, thriving communities manage their supply of safe water, with the mission to develop and scale-up innovative solutions, document best practices, and build partnerships to reach millions with safe water globally.
Official website here: www.safewaternetwork.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 100% (Four-Star out of Four Stars)
Safe Water Network has achieved a perfect score of 100% on Charity Navigator, reflecting its strong commitment to accountability and financial transparency. This high rating indicates that the organization effectively manages its funds and maintains a robust governance structure, with 88% of its board members being independent. The charity's financial health is evident in its excellent ratios, including a program expense ratio of 84.47%, meaning a significant majority of its expenditures directly support its mission.
The organization demonstrates strong financial practices, with no material diversion of assets and a low liabilities to assets ratio of 9.58%. Additionally, Safe Water Network excels in fundraising efficiency, with only $0.05 spent to raise each dollar, highlighting its ability to maximize contributions for programmatic impact. The charity follows comprehensive policies regarding conflict of interest, whistleblower protection, and document retention, ensuring ethical standards in its operations.
While the feedback is overwhelmingly positive, some may note that the organization’s operational focus is relatively narrow, concentrating specifically on access to safe water. However, the impressive financial standing and operational integrity suggest that Safe Water Network effectively utilizes its resources to achieve significant results in its targeted area.
This AI summary has been generated from information found on Charity Navigator.
Is Safe Water Network legitimate?
Safe Water Network is a legitimate nonprofit organization registered as a 501(c)(3) entity. Safe Water Network 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: $269,210
Professional Fundraising Fees: $0
Other Salaries and Wages: $1,310,651
For more financial information, click here
Official website here: www.safewaternetwork.org
What is the mission statement of Safe Water Network?
Safe Water Network's mission is geared towards ensuring thriving communities worldwide have access to clean and sustainable water supplies. The organization strives to develop and expand innovative water solutions, document best practices, and build partnerships with the goal of reaching millions with safe water globally. Specifically, they prioritize field implementations in Ghana and India that demonstrate and document viable approaches for rural and peri-urban communities, provide technical services to other organizations, and engage with the international water services ecosystem to establish best practices, share findings, and advance policies and funding for safe water supply in underserved communities worldwide.
Official website here: www.safewaternetwork.org
Who is the CEO of Safe Water Network?
Kurt Soderlund is the CEO of Safe Water Network The CEO's salary of Safe Water Network is $244,927 and their total compensation is $269,210.
Official website here: www.safewaternetwork.org
What is the revenue of Safe Water Network?
Safe Water Network's revenue in 2023 was $5,236,731.
Official website here: www.safewaternetwork.org
Who are the executives of Safe Water Network and what are their salaries?
The average compensation at Safe Water Network during 2023 was $225,694. There are 7 employees and 8 volunteers at Safe Water Network.
Here are 12 key members and their salaries (Safe Water Network's CEO's salary is $244,927 and their total compensation is $269,210):
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $244,927
- Related: $0
- Other: $24,283
- 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: $140,752
- Related: $0
- Other: $35,948
- Compensation: $139,503
- Related: $0
- Other: $21,592
- Compensation: $122,342
- Related: $0
- Other: $61,353
Official website here: www.safewaternetwork.org
Where can I find the form 990 for Safe Water Network?
Safe Water Network's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.safewaternetwork.org
Learn more at the official website: www.safewaternetwork.org
Mission Statement of Safe Water Network
Safe Water Network, an organization dedicated to ensuring the world's communities have access to safe and sustainable water supplies, envisions a world where every community thrives. Their mission is to develop and scale up innovative solutions to provide safe water globally.
Their primary focus is on supporting rural and peri-urban communities with viable approaches to ensure a sustainable and accessible supply of safe water. This is achieved through field implementations in Ghana and India, demonstrating and documenting best practices for these communities.
In addition to this, Safe Water Network offers technical services to other organizations, providing them with training, resources, and capabilities to reach millions of people with safe water. Lastly, the organization engages with the international water services ecosystem to establish best practices, share findings, and advance conducive policies and funding for safe water supply in underserved communities worldwide.
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Impact
June, 2024
Safe Water Network's impact can be seen through its field implementations in Ghana and India, where viable approaches for providing safe water to rural and peri-urban communities are demonstrated and documented. By providing technical services such as training and resources to other organizations, Safe Water Network collectively reaches 10 million people with sustainable access to safe water. Additionally, through its engagement with the international water services ecosystem, Safe Water Network helps establish best practices, share findings, and advocate for policies and funding to ensure safe water supply in underserved communities worldwide. Together, these efforts contribute to creating healthy, thriving communities managing their water supply effectively.
This information is meant to be a general summary of Safe Water Network. 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 2023.
- Investment Income: $12,756
- Program Service Revenue: $445,517
- Gross Receipts: $5,236,892
Assets and Liabilities:
- Total Assets: $13,522,922
- Total Liabilities: $1,296,375
- Net Assets: $12,226,547
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
WATER DELIVERY SERVICE
Revenue
$445,517
Organization Details
Founding Year
2005
Principal Officer
Kurt Soderlund
Website
www.safewaternetwork.orgNTEE Category
Code: C32 - Environment
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