Water Finance Exchange Inc
EIN: 852636910 · Washington, DC · NTEE: C32
| Metric | Value |
|---|---|
| Total Revenue | $3.6M |
| Total Expenses | $1.5M |
| Net Assets | $2.7M |
Is Water Finance Exchange Inc Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Water Finance Exchange Inc
Water Finance Exchange Inc (EIN: 852636910) is a nonprofit organization based in Washington, DC, classified under NTEE code C32. The organization reported total revenue of $3.6M and total assets of $4.2M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Water Finance Exchange Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Water Finance Exchange Inc is a mid-size nonprofit that has been operating for 5 years, with 4 years of IRS 990 filings on record (2020–2023). Revenue has grown at a compound annual rate of 198.5%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $2.8M |
| Total Expenses | $1.5M |
| Surplus / Deficit | +$1.4M |
| Total Assets | $4.7M |
| Total Liabilities | $2.0M |
| Net Assets | $2.7M |
| Operating Margin | 48.1% |
| Debt-to-Asset Ratio | 42.6% |
| Months of Reserves | 38.6 months |
Financial Health Grade: A
In 2023, Water Finance Exchange Inc reported a surplus of $1.4M with revenue exceeding expenses, holds 38.6 months of operating reserves (strong position), has a debt-to-asset ratio of 42.6% (moderate leverage).
Financial Trends
Over 4 years of filings (2020–2023), Water Finance Exchange Inc's revenue has grown at a compound annual growth rate (CAGR) of 198.5%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +1780.4% | +16.9% | +231.2% |
| 2022 | -94.9% | +159.2% | -42.1% |
| 2021 | +2671.1% | +336.4% | +2416.6% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2021 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Water Finance Exchange Inc 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 Water Finance Exchange Inc 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 surplus of $1.4M, with revenue exceeding expenses.
- Debt-to-asset ratio: 42.6%.
Frequently Asked Questions about Water Finance Exchange Inc
Is Water Finance Exchange Inc a legitimate charity?
Water Finance Exchange Inc (EIN: 852636910) is a registered tax-exempt nonprofit based in Washington DC. It has 4 years of IRS 990 filings on record. Total revenue: $3.6M. No red flags identified. Financial health grade: A.
How does Water Finance Exchange Inc spend its money?
Water Finance Exchange Inc reported $3.6M in total revenue in IRS 990 filings. 4 years of filing data available. Revenue exceeded expenses in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Water Finance Exchange Inc tax-deductible?
Water Finance Exchange Inc is registered as a tax-exempt nonprofit (EIN: 852636910). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Water Finance Exchange Inc located?
Water Finance Exchange Inc is headquartered in Washington, Washington DC and files with the IRS under EIN 852636910. It is classified under NTEE code C32.
How many years of IRS 990 filings does Water Finance Exchange Inc have?
Water Finance Exchange Inc has 4 years of IRS 990 filings on record at NonprofitSpending. Additional filing years may become available as the IRS releases new data. The most recent filing shows $3.6M in total revenue.
Filing History
IRS 990 filing history for Water Finance Exchange Inc showing financial trends over 4 years of public records:
Over 4 years of IRS 990 filings (2020–2023), Water Finance Exchange Inc's revenue has grown by 2560.6%, moving from $106K to $2.8M. Total assets increased by 4727.7% over the same period, from $97K to $4.7M. Total functional expenses rose by 1222.3%, from $110K to $1.5M. In its most recent filing year (2023), Water Finance Exchange Inc reported a surplus of $1.4M, with revenue exceeding expenses. The organization holds $2.0M in liabilities against $4.7M in assets (debt-to-asset ratio: 42.6%), resulting in net assets of $2.7M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $2.8M | $1.5M | $4.7M | $2.0M | — | — |
| 2022 | $149K | $1.2M | $1.4M | $73K | — | View 990 |
| 2021 | $2.9M | $481K | $2.4M | $4K | — | — |
| 2020 | $106K | $110K | $97K | $102K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $2.8M, expenses of $1.5M, and assets of $4.7M (revenue +1780.4% year-over-year).
- 2022: Revenue of $149K, expenses of $1.2M, and assets of $1.4M (revenue -94.9% year-over-year).
- 2021: Revenue of $2.9M, expenses of $481K, and assets of $2.4M (revenue +2671.1% year-over-year).
- 2020: Revenue of $106K, expenses of $110K, and assets of $97K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Water Finance Exchange Inc:
Data Sources and Methodology
This transparency report for Water Finance Exchange Inc 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.