Safe Water International Ministries
Safe Water International Ministries consistently operates with low overhead and volunteer leadership, maintaining stable finances.
EIN: 202661740 · New Sharon, IA · NTEE: Q33 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $136K |
| Total Expenses | $135K |
| Program Spending | 90% |
| Net Assets | $138K |
| Transparency Score | 85/100 |
Is Safe Water International Ministries Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Safe Water International Ministries directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Safe Water International Ministries
Safe Water International Ministries (EIN: 202661740) is a nonprofit organization based in New Sharon, IA, classified under NTEE code Q33. The organization reported total revenue of $136K and total assets of $120K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Safe Water International Ministries's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Safe Water International Ministries is a small nonprofit that has been operating for 19 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 5.1%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $108K |
| Total Expenses | $135K |
| Surplus / Deficit | $-27,137 |
| Total Assets | $139K |
| Total Liabilities | $837 |
| Net Assets | $138K |
| Operating Margin | -25.1% |
| Debt-to-Asset Ratio | 0.6% |
| Months of Reserves | 12.3 months |
Financial Health Grade: B
In 2023, Safe Water International Ministries reported a deficit of $27K with expenses exceeding revenue, holds 12.3 months of operating reserves (strong position), has a debt-to-asset ratio of 0.6% (very low leverage).
Financial Trends
Over 13 years of filings (2011–2023), Safe Water International Ministries's revenue has grown at a compound annual growth rate (CAGR) of 5.1%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -32.5% | +20.5% | -16.7% |
| 2022 | +20.9% | +11.4% | +41.8% |
| 2021 | +12.7% | +15.9% | +36.6% |
| 2020 | +12.9% | -19.9% | +55.0% |
| 2019 | -27.7% | -30.0% | -7.4% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2007 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Safe Water International Ministries with a Mission Score of 85 out of 100 (Excellent). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 5%
- programs: 90%
- fundraising: 5%
According to IRS 990 filings, Safe Water International Ministries allocates its expenses as follows: admin: 5%, programs: 90%, fundraising: 5%. With 90% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $27K, with expenses exceeding revenue.
- Debt-to-asset ratio: 0.6%.
Executive Compensation Analysis
Executive compensation is consistently reported as 0% across all available filings, indicating that the organization's leadership is entirely volunteer-based or compensated through non-officer roles, which is highly efficient for an organization of its size.
Executive compensation data is sourced from IRS 990 filings, which require nonprofits to disclose the compensation of officers, directors, trustees, and key employees. NonprofitSpending analyzes this data relative to the organization's total revenue and sector benchmarks to assess whether executive pay is reasonable.
Red Flags
The following concerns were identified during AI analysis of Safe Water International Ministries's IRS 990 filings:
- Expenses exceeded revenue in 2023 ($135,127 vs $107,990), though this is not a consistent trend.
Strengths
The following positive indicators were identified for Safe Water International Ministries:
- Consistent 0% officer compensation across all filings, indicating high efficiency and volunteer leadership.
- Low liabilities reported across all periods, suggesting strong financial management.
- Stable revenue generation over the past decade, typically between $100,000 and $160,000.
- Growing asset base, from $55,543 in 2019 to $138,943 in 2023.
Frequently Asked Questions about Safe Water International Ministries
Is Safe Water International Ministries a legitimate charity?
Based on AI analysis of IRS 990 filings, Safe Water International Ministries (EIN: 202661740) some concerns. Mission Score: 85/100. 1 red flag identified, 4 strengths noted.
How does Safe Water International Ministries spend its money?
Safe Water International Ministries directs 90% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Safe Water International Ministries tax-deductible?
Safe Water International Ministries is registered as a tax-exempt nonprofit (EIN: 202661740). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Safe Water International Ministries's spending goes to programs?
Safe Water International Ministries directs 90% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Safe Water International Ministries compare to similar nonprofits?
With a transparency score of 85/100 (Excellent), Safe Water International Ministries is above average for NTEE category Q33 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Safe Water International Ministries located?
Safe Water International Ministries is headquartered in New Sharon, Iowa and files with the IRS under EIN 202661740. It is classified under NTEE code Q33.
How many years of IRS 990 filings does Safe Water International Ministries have?
Safe Water International Ministries has 13 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 $136K in total revenue.
Is Safe Water International Ministries a good charity?
Based on the available IRS 990 data, Safe Water International Ministries appears to be a good charity, particularly due to its consistent 0% officer compensation, indicating a strong commitment to directing funds towards its mission rather than executive salaries. Its financial stability and low liabilities also suggest responsible management.
How does Safe Water International Ministries manage its administrative costs?
The organization manages administrative costs exceptionally well, primarily by reporting 0% officer compensation across all filings. This suggests a highly volunteer-driven leadership structure, which significantly reduces overhead.
What is the trend in Safe Water International Ministries' assets?
Safe Water International Ministries' assets have generally shown an upward trend, increasing from $55,543 in 2019 to $138,943 in 2023, indicating a growing financial base and capacity.
Filing History
IRS 990 filing history for Safe Water International Ministries showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Safe Water International Ministries's revenue has grown by 81.1%, moving from $60K to $108K. Total assets increased by 48.4% over the same period, from $94K to $139K. Total functional expenses rose by 51.6%, from $89K to $135K. In its most recent filing year (2023), Safe Water International Ministries reported a deficit of $27K, with expenses exceeding revenue. The organization holds $837 in liabilities against $139K in assets (debt-to-asset ratio: 0.6%), resulting in net assets of $138K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $108K | $135K | $139K | $837 | — | View 990 |
| 2022 | $160K | $112K | $167K | $2K | — | View 990 |
| 2021 | $132K | $101K | $118K | $138 | — | — |
| 2020 | $117K | $87K | $86K | $232 | — | — |
| 2019 | $104K | $108K | $56K | $0 | — | View 990 |
| 2018 | $144K | $155K | $60K | $0 | — | View 990 |
| 2017 | $149K | $139K | $71K | $0 | — | View 990 |
| 2016 | $137K | $155K | $61K | $0 | — | View 990 |
| 2015 | $118K | $122K | $79K | $0 | — | View 990 |
| 2014 | $135K | $125K | $83K | $0 | — | View 990 |
| 2013 | $120K | $116K | $73K | $0 | — | View 990 |
| 2012 | $99K | $124K | $69K | $0 | — | View 990 |
| 2011 | $60K | $89K | $94K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $108K, expenses of $135K, and assets of $139K (revenue -32.5% year-over-year).
- 2022: Revenue of $160K, expenses of $112K, and assets of $167K (revenue +20.9% year-over-year).
- 2021: Revenue of $132K, expenses of $101K, and assets of $118K (revenue +12.7% year-over-year).
- 2020: Revenue of $117K, expenses of $87K, and assets of $86K (revenue +12.9% year-over-year).
- 2019: Revenue of $104K, expenses of $108K, and assets of $56K (revenue -27.7% year-over-year).
- 2018: Revenue of $144K, expenses of $155K, and assets of $60K (revenue -3.3% year-over-year).
- 2017: Revenue of $149K, expenses of $139K, and assets of $71K (revenue +8.5% year-over-year).
- 2016: Revenue of $137K, expenses of $155K, and assets of $61K (revenue +16.2% year-over-year).
- 2015: Revenue of $118K, expenses of $122K, and assets of $79K (revenue -12.9% year-over-year).
- 2014: Revenue of $135K, expenses of $125K, and assets of $83K (revenue +13.0% year-over-year).
- 2013: Revenue of $120K, expenses of $116K, and assets of $73K (revenue +21.2% year-over-year).
- 2012: Revenue of $99K, expenses of $124K, and assets of $69K (revenue +65.7% year-over-year).
- 2011: Revenue of $60K, expenses of $89K, and assets of $94K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Safe Water International Ministries:
Data Sources and Methodology
This transparency report for Safe Water International Ministries 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.