Friendly Water For The World
EIN: 272510007 · Olympia, WA · NTEE: Q30
| Metric | Value |
|---|---|
| Total Revenue | $324K |
| Total Expenses | $441K |
| Net Assets | $289K |
Is Friendly Water For The World Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Friendly Water For The World
Friendly Water For The World (EIN: 272510007) is a nonprofit organization based in Olympia, WA, classified under NTEE code Q30. The organization reported total revenue of $324K and total assets of $299K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Friendly Water For The World's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Friendly Water For The World is a small nonprofit that has been operating for 15 years, with 11 years of IRS 990 filings on record (2012–2023). Revenue has grown at a compound annual rate of 14.9%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $312K |
| Total Expenses | $441K |
| Surplus / Deficit | $-129,021 |
| Total Assets | $310K |
| Total Liabilities | $21K |
| Net Assets | $289K |
| Operating Margin | -41.4% |
| Debt-to-Asset Ratio | 6.8% |
| Months of Reserves | 8.5 months |
Financial Health Grade: B
In 2023, Friendly Water For The World reported a deficit of $129K with expenses exceeding revenue, holds 8.5 months of operating reserves (strong position), has a debt-to-asset ratio of 6.8% (very low leverage).
Financial Trends
Over 11 years of filings (2012–2023), Friendly Water For The World's revenue has grown at a compound annual growth rate (CAGR) of 14.9%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +0.2% | +28.9% | -25.5% |
| 2022 | -23.3% | +6.4% | -11.6% |
| 2021 | -11.8% | +3.1% | +26.4% |
| 2020 | -22.5% | -49.3% | +71.6% |
| 2019 | +4.8% | +33.9% | -7.4% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2011 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Friendly Water For The World has not yet been completed. Basic IRS 990 data is shown below. Check back later for a full transparency report including a Mission Score, spending breakdown, executive compensation analysis, and red flags assessment.
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Friendly Water For The World with a Mission Score of 0 out of 100 (Very Poor). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $129K, with expenses exceeding revenue.
- Debt-to-asset ratio: 6.8%.
Frequently Asked Questions about Friendly Water For The World
Is Friendly Water For The World a legitimate charity?
Friendly Water For The World (EIN: 272510007) is a registered tax-exempt nonprofit based in Washington. It has 11 years of IRS 990 filings on record. Total revenue: $324K. No red flags identified. Financial health grade: B.
How does Friendly Water For The World spend its money?
Friendly Water For The World reported $324K in total revenue in IRS 990 filings. 11 years of filing data available. Expenses exceeded revenue in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Friendly Water For The World tax-deductible?
Friendly Water For The World is registered as a tax-exempt nonprofit (EIN: 272510007). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Friendly Water For The World located?
Friendly Water For The World is headquartered in Olympia, Washington and files with the IRS under EIN 272510007. It is classified under NTEE code Q30.
How many years of IRS 990 filings does Friendly Water For The World have?
Friendly Water For The World has 11 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends. The most recent filing shows $324K in total revenue.
Filing History
IRS 990 filing history for Friendly Water For The World showing financial trends over 11 years of public records:
Over 11 years of IRS 990 filings (2012–2023), Friendly Water For The World's revenue has grown by 359.2%, moving from $68K to $312K. Total assets increased by 357.2% over the same period, from $68K to $310K. Total functional expenses rose by 764.1%, from $51K to $441K. In its most recent filing year (2023), Friendly Water For The World reported a deficit of $129K, with expenses exceeding revenue. The organization holds $21K in liabilities against $310K in assets (debt-to-asset ratio: 6.8%), resulting in net assets of $289K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $312K | $441K | $310K | $21K | — | — |
| 2022 | $311K | $342K | $417K | $14K | — | View 990 |
| 2021 | $406K | $321K | $472K | $21K | — | View 990 |
| 2020 | $460K | $312K | $373K | $20K | — | View 990 |
| 2019 | $593K | $614K | $217K | $0 | — | View 990 |
| 2018 | $566K | $459K | $235K | $0 | — | View 990 |
| 2017 | $470K | $438K | $61K | $0 | — | View 990 |
| 2016 | $280K | $300K | $30K | $0 | — | View 990 |
| 2015 | $233K | $227K | $50K | $0 | — | View 990 |
| 2014 | $98K | $72K | $44K | $0 | — | View 990 |
| 2012 | $68K | $51K | $68K | $51K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $312K, expenses of $441K, and assets of $310K (revenue +0.2% year-over-year).
- 2022: Revenue of $311K, expenses of $342K, and assets of $417K (revenue -23.3% year-over-year).
- 2021: Revenue of $406K, expenses of $321K, and assets of $472K (revenue -11.8% year-over-year).
- 2020: Revenue of $460K, expenses of $312K, and assets of $373K (revenue -22.5% year-over-year).
- 2019: Revenue of $593K, expenses of $614K, and assets of $217K (revenue +4.8% year-over-year).
- 2018: Revenue of $566K, expenses of $459K, and assets of $235K (revenue +20.6% year-over-year).
- 2017: Revenue of $470K, expenses of $438K, and assets of $61K (revenue +67.8% year-over-year).
- 2016: Revenue of $280K, expenses of $300K, and assets of $30K (revenue +20.1% year-over-year).
- 2015: Revenue of $233K, expenses of $227K, and assets of $50K (revenue +137.8% year-over-year).
- 2014: Revenue of $98K, expenses of $72K, and assets of $44K (revenue +44.2% year-over-year).
- 2012: Revenue of $68K, expenses of $51K, and assets of $68K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Friendly Water For The World:
Data Sources and Methodology
This transparency report for Friendly Water For The World is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.
IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.
Disclaimer
AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.