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Impact Water Inc

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

EIN: 742504163 ✦ San antonio, TX ✦ Designated as a 501(c)(3)

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Overview

What is Impact Water Inc?

Impact Water Inc is a nonprofit organization based in San Antonio, Texas. Its primary mission is to propagate the Gospel of Jesus Christ through both home and foreign missions. To achieve this, Impact Water constructs potable water systems in remote villages in Honduras, providing not just access to clean water but also an opportunity to share their faith. They work alongside the local men of the villages, building these water systems together. In the evenings, they show Gospel films and engage in preaching and teaching sessions to spread their beliefs. Additionally, Impact Water supports national missionaries who are preaching the Gospel of Jesus Christ. With a team of two dedicated individuals, this nonprofit organization is making a significant impact in Honduran communities, both physically and spiritually.


Official website here: www.impactwater.org

What are the reviews and ratings of this charity?

Charity Navigator Rating: 82%, Three-Star out of Four Star Rating

Impact Water Inc has received a Three-Star rating from Charity Navigator, reflecting a commitment to accountability and finance, primarily evaluated through a single beacon score. The charity's overall score is influenced by its high marks in categories such as having a majority of independent board members and a solid conflict of interest policy. For the most recent fiscal year, FY2022, the organization demonstrated responsible financial practices, with a low liabilities to assets ratio of 1.84%.

The absence of material diversion of assets and the presence of comprehensive governance policies, including a whistleblower policy and documented board meeting minutes, further bolster the organization's accountability. The program expense ratio stands at 65.98%, indicating that a significant portion of their funds is directed towards their programs, although this could be improved to enhance their overall rating.

While the organization showcases strong financial practices and governance, the program expense ratio could suggest room for improvement in operational efficiency. Nonetheless, the charity's established policies reflect a dedicated approach to maintaining transparency and ethical standards in its operations.


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

Is Impact Water Inc legitimate?

Impact Water Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Impact Water 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: $69,025
Professional Fundraising Fees: $0
Other Salaries and Wages: $2,400

For more financial information, click here


Official website here: www.impactwater.org

What is the mission statement of Impact Water Inc?

Impact Water Inc is dedicated to propagating the message of Jesus Christ through both home and foreign missions. They achieve this by constructing potable water systems in remote villages in Honduras and by preaching and teaching the gospel. Additionally, Impact Water supports national missionaries who are spreading the word of Jesus Christ. Their mission is centered around evangelization and discipleship, aiming to make an impact in the lives of people through their humanitarian works and spiritual teachings.


Official website here: www.impactwater.org

Who is the CEO of Impact Water Inc?

Rev Mark Smith is the Executive Director of Impact Water Inc.


Official website here: www.impactwater.org

What is the revenue of Impact Water Inc?

Impact Water Inc's revenue in 2022 was $465,743.


Official website here: www.impactwater.org

Who are the executives of Impact Water Inc and what are their salaries?

The average compensation at Impact Water Inc during 2022 was $35,712. There are 2 employees and 2 volunteers at Impact Water Inc.


Here are 3 key members and their salaries:


Mark Smith (Executive Director)
  • Compensation: $30,272
  • Related: $0
  • Other: $38,753
Susan Smith (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jeffrey Smith (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.impactwater.org

Where can I find the form 990 for Impact Water Inc?

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


Official website here: www.impactwater.org

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

Mission Statement of Impact Water Inc

Impact Water Inc, a nonprofit organization, is dedicated to propagating the gospel of Jesus Christ. They achieve this mission through evangelization and discipleship, both domestically and internationally. Specifically, Impact Water constructs potable water systems in remote villages of Honduras. This not only ensures access to clean water but also serves as an opportunity to share the teachings of Jesus Christ.

In addition to this, Impact Water supports national missionaries who are preaching and teaching the gospel of Jesus Christ. By doing so, they extend their reach beyond the construction of water systems, allowing the message of Christianity to spread further. Impact Water's mission is a holistic one, combining the physical need for clean water with the spiritual need for salvation and guidance.

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Impact




July, 2024

Impact Water Inc's impact includes installing water delivery systems in three remote villages in Honduras, providing access to clean and safe drinking water for the residents. In addition to addressing the critical need for clean water, the organization also spreads the message of the gospel to these communities through preaching, teaching, and showing gospel films. By combining water projects with evangelization efforts, Impact Water Inc is making a meaningful impact on both the physical and spiritual well-being of the people in these remote areas.




This information is meant to be a general summary of Impact Water 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.

Revenue
$465,743 (2022)
Expenses
$280,824 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $11,711
  • Gross Receipts: $529,801

Assets and Liabilities:

  • Total Assets: $1,395,533
  • Total Liabilities: $25,760
  • Net Assets: $1,369,773

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Organization Details

Founding Year

1987

Principal Officer

Rev Mark Smith

Main Address

PO BOX 780025, SAN ANTONIO, TX, 782780025

NTEE Category

Code: X20 - Religion related

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