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Waterorg

Learn about this cause: What are the reviews? Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 582060131 ✦ Kansas city, MO ✦ Designated as a 501(c)(3)

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Overview

What is Waterorg?

Waterorg is a nonprofit organization headquartered in Kansas City, Missouri, specifically at 117 W 20th St STE 203. Their mission is to facilitate new sources of capital and drive down costs to provide water and sanitation solutions in 11 countries across Asia, Africa, and Latin America. Through partnerships with over 150 organizations worldwide, Waterorg has catalyzed more than $2.9 billion in financing for small loans, enabling access to safe water and sanitation for over 51 million people. Waterorg's primary goal is to bring clean water and sanitation to communities by offering affordable loans.


Official website here: www.water.org

What are the reviews and ratings of this charity?

Charity Navigator rates Water.org with a Four-Star out of Four Star rating and an impressive overall score of 98%. This high rating reflects strong performance across various metrics, particularly in Accountability & Finance, where they achieved a perfect score of 100%. Their commitment to transparency and responsible financial management is underscored by a majority independent board and robust policies in place for oversight.

The organization excels in Impact & Measurement, scoring 98%, indicating effectiveness in their mission to provide safe water and sanitation to those in need. With a clear vision of transforming the lives of 200 million people by 2030, their strategic goals are ambitious yet focused. Their program expense ratio of 74.31% demonstrates a significant commitment of resources towards direct impact, which is a positive indicator for potential donors.

While Water.org showcases strong leadership and community engagement, their performance in the Culture & Community category, though still commendable at 93%, suggests there may be room for improvement in fostering an inclusive culture. Overall, the organization is well-regarded for its operational integrity and significant impact on global water and sanitation issues.


This AI summary has been generated from information found on Charity Navigator.

Is Waterorg legitimate?

Waterorg is a legitimate nonprofit organization registered as a 501(c)(3) entity. Waterorg 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: $1,465,289
Professional Fundraising Fees: $0
Other Salaries and Wages: $11,198,857

For more financial information, click here


Official website here: www.water.org

What is the mission statement of Waterorg?

Water.org aims to bring safe water and sanitation to the world by providing access to small, affordable loans. Through their initiatives, they catalyze new sources of capital to fund water and sanitation solutions, reduce philanthropic costs, and continually increase the number of people with access to these essential services. Water.org operates in 11 countries across Asia, Africa, and Latin America, collaborating with 150 partners worldwide to catalyze over $2.9 billion in capital for loans that grant access to safe water and sanitation to millions of people in need. Currently, 51 million individuals benefit from these efforts.


Official website here: www.water.org

Who is the CEO of Waterorg?

Gary White is the Ceo And Co-Founder of Waterorg. The CEO's salary of Waterorg is $408,978 and their total compensation is $443,160.


Official website here: www.water.org

What is the revenue of Waterorg?

Waterorg's revenue in 2022 was $39,073,510.


Official website here: www.water.org

Who are the executives of Waterorg and what are their salaries?

The average compensation at Waterorg during 2022 was $143,911. There are 88 employees at Waterorg.


Here are 26 key members and their salaries (Waterorg's CEO's salary is $408,978 and their total compensation is $443,160):


Gary White (Ceo And Co-Founder)
  • Compensation: $408,978
  • Related: $0
  • Other: $34,182
Paul O'Connell (Treasurer (Thru 12/31/21))
  • Compensation: $0
  • Related: $0
  • Other: $0
Keith Quinn (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Adam Schechter (Board Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Hilary Schneider (Board Chair/Vice Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Lynn Taliento (Immediate Past Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Anil Arora (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Cortney Erin (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Julie Flynn (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Guru Gowrappan (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jodi Kahn (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jack Leslie (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Andy Sareyan (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Tony Stayner (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Larry Tanz (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Chris Torto (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Terry Trayvick (Treasurer/Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jennifer Schorsch (President (Thru 11/30/21))
  • Compensation: $243,072
  • Related: $0
  • Other: $36,033
Vedika Bhandarkar (Coo/President)
  • Compensation: $212,602
  • Related: $0
  • Other: $0
Fernando Alandia (Chief Financial Officer)
  • Compensation: $239,327
  • Related: $0
  • Other: $31,584
Janet Tinsley (Chief Global Impact Officer)
  • Compensation: $154,493
  • Related: $0
  • Other: $8,543
Richard Thorsten (Chief Programs Officer)
  • Compensation: $221,730
  • Related: $0
  • Other: $19,616
Melanie Mendrys (Dir, Brand Mkting & Communications)
  • Compensation: $199,368
  • Related: $0
  • Other: $19,709
Tzvetelina Bonova (Cro)
  • Compensation: $232,763
  • Related: $0
  • Other: $22,550
Matthew Austin (Blended Finance Partnership Advisor)
  • Compensation: $154,294
  • Related: $0
  • Other: $28,895
Michael Mayernik (Head Of Corp Partnerships)
  • Compensation: $160,938
  • Related: $0
  • Other: $18,959


Official website here: www.water.org

Where can I find the form 990 for Waterorg?

Waterorg's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.water.org

Learn more at the official website: www.water.org

Mission Statement of Waterorg

Waterorg, a renowned nonprofit organization, aims to make a significant impact on the global crisis of access to safe water and sanitation. They strive to achieve this goal by facilitating access to small, affordable loans, thereby catalyzing new sources of capital for water and sanitation solutions. By driving down philanthropic costs, Waterorg continuously expands the number of people with access to these essential services.

Operating in 11 countries across Asia, Africa, and Latin America, Waterorg collaborates with over 150 partners worldwide. Their efforts have led to the mobilization of over $2.9 billion in capital, which has been channeled towards supporting loans that bring safe water and sanitation to millions of individuals in need. Today, the organization is proud to report that 51 million people have gained access to these vital services as a result of Waterorg's initiatives.

Waterorg's mission is built on a foundation of sustainability and continuous improvement. They are dedicated to fostering long-term change by empowering communities to access affordable financing and invest in their own water and sanitation infrastructure. Through their innovative approach, Waterorg is helping to transform the lives of millions, ensuring that they have access to the basics necessary for a healthy and productive life.

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Impact




October, 2024

Water.org has significantly transformed access to safe water and sanitation for millions around the globe. By facilitating affordable loans, it empowers communities to invest in water and sanitation solutions, decreasing the barriers faced in accessing these essential resources. Through strategic partnerships and innovative funding models, Water.org has mobilized over $2.9 billion in capital, reaching approximately 51 million individuals in 11 countries across Asia, Africa, and Latin America.

The initiative not only improves health outcomes but also fosters economic development by enabling families to save time and resources typically spent on seeking clean water. This comprehensive approach catalyzes sustainable community-driven solutions, making a lasting impact on those in need while continuing to expand its reach and effectiveness in addressing the global water crisis.




This information is meant to be a general summary of Waterorg. 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.

Revenue
$39,073,510 (2022)
Expenses
$28,843,163 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $148,251
  • Gross Receipts: $42,524,926

Assets and Liabilities:

  • Total Assets: $46,200,649
  • Total Liabilities: $8,088,930
  • Net Assets: $38,111,719

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Organization Details

Founding Year

1993

Principal Officer

Gary White

Main Address

117 W 20TH ST STE 203, KANSAS CITY, MO, 64108

NTEE Category

Code: Q300 - International

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