Overview
What is Millennium Water Alliance?
Millennium Water Alliance is a nonprofit organization situated in Washington D.C., specifically at 1101 Connecticut Ave NW Suite 450. Its primary mission is to collaborate with other organizations that are currently working on developing safe water and sanitation resources. By coordinating innovations and resources, the alliance aims to make a more significant impact in this field. They provide essential resources for safe water, sanitation, and hygiene training, striving to improve access to clean water and sanitation facilities in various communities.
Official website here: www.mwawater.org
What are the reviews and ratings of this charity?
Charity Navigator Rating 60% - Two-Star out of Four Star Rating
Millennium Water Alliance has received a Two-Star rating from Charity Navigator, indicating a moderate level of accountability and financial health. The organization has an Accountability & Finance score of 60%, reflecting some strengths in financial oversight, including a well-structured Audit and Oversight Committee and no material diversion of assets. However, the absence of independent board members raises concerns about governance.
The charity has a strong program expense ratio of 86.52%, suggesting that a significant portion of its resources is directed toward its mission-related activities. Conversely, it faces challenges in fundraising efficiency, with a notably low ratio of $0.01, indicating that the costs of fundraising may be disproportionately high compared to the funds raised. Additionally, the working capital ratio is low at 0.09 years, which could hinder its long-term financial sustainability.
While Millennium Water Alliance demonstrates some positive practices, such as published tax forms and a conflict of interest policy, there are notable gaps, including a missing whistleblower policy and the lack of independent board members. These factors collectively contribute to its overall moderate rating, emphasizing the need for improvement in transparency and governance.
This AI summary has been generated from information found on Charity Navigator.
Is Millennium Water Alliance legitimate?
Millennium Water Alliance is a legitimate nonprofit organization registered as a 501(c)(3) entity. Millennium Water Alliance 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: $602,166
For more financial information, click here
Official website here: www.mwawater.org
What is the mission statement of Millennium Water Alliance?
The Millennium Water Alliance, an organization that focuses on collaborative efforts, aims to bring together organizations currently developing safe water and sanitation resources. Their mission is to coordinate innovations and resources in this field, with a primary focus on providing safe water and sanitation resources and offering hygiene training. By doing so, they aim to contribute to improved health and well-being in the communities they serve.
Official website here: www.mwawater.org
Who is the CEO of Millennium Water Alliance?
Laura Mcdonald is the Secretary of Millennium Water Alliance.
Official website here: www.mwawater.org
What is the revenue of Millennium Water Alliance?
Millennium Water Alliance's revenue in 2022 was $2,770,486.
Official website here: www.mwawater.org
Who are the executives of Millennium Water Alliance and what are their salaries?
Here are 13 key members and their salaries:
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Official website here: www.mwawater.org
Where can I find the form 990 for Millennium Water Alliance?
Millennium Water Alliance's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.mwawater.org
Learn more at the official website: www.mwawater.org
Mission Statement of Millennium Water Alliance
Millennium Water Alliance, a nonprofit organization, is dedicated to a crucial mission. Its primary goal is to gather organizations currently working on the development of safe water, sanitation, and hygiene resources. By coordinating innovations and resources among these organizations, Millennium Water Alliance aims to make a significant impact in this area. Essentially, their mission is to ensure accessible and safe water, sanitation, and hygiene education for communities in need.
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Impact
July, 2024
Millennium Water Alliance's impact lies in providing resources for safe water, sanitation, and hygiene training. Through coordinating innovations and resources among organizations working in this sector, the Alliance plays a crucial role in improving access to clean water and sanitation facilities for vulnerable populations.Their work helps to prevent water-borne diseases, improve community health, and empower individuals through education and training in hygiene practices. This impactful work contributes to the overall well-being and sustainability of communities facing water challenges.
This information is meant to be a general summary of Millennium Water Alliance. 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 2022.
- Investment Income: $3,854
- Gross Receipts: $2,770,486
Assets and Liabilities:
- Total Assets: $4,106,220
- Total Liabilities: $3,750,382
- Net Assets: $355,838
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Organization Details
Founding Year
2002
Phone
(202) 296-1835Principal Officer
Laura Mcdonald
Main Address
1101 CONNECTICUT AVE NW SUITE 450, WASHINGTON, DC, 20036
Website
www.mwawater.orgNTEE Category
Code: A12 - Arts
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