Water For Ishmael
Water For Ishmael reports a deficit in its latest fiscal year after a period of strong revenue growth.
EIN: 205908359 · Toledo, OH · NTEE: P80 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $878K |
| Total Expenses | $1.0M |
| Program Spending | 80% |
| CEO/Top Officer Pay | $800,000 |
| Net Assets | $515K |
| Transparency Score | 85/100 |
Is Water For Ishmael Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Water For Ishmael directs 80% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Water For Ishmael
Water For Ishmael (EIN: 205908359) is a nonprofit organization based in Toledo, OH, classified under NTEE code P80. The organization reported total revenue of $878K and total assets of $1.0M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Water For Ishmael's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Water For Ishmael is a small nonprofit that has been operating for 18 years, with 13 years of IRS 990 filings on record (2012–2024). Revenue has grown at a compound annual rate of 13.6%.
Key Financial Metrics (2024)
From the most recent IRS 990 filing on record:
| Total Revenue | $863K |
| Total Expenses | $1.0M |
| Surplus / Deficit | $-168,233 |
| Total Assets | $1.0M |
| Total Liabilities | $502K |
| Net Assets | $515K |
| Operating Margin | -19.5% |
| Debt-to-Asset Ratio | 49.3% |
| Months of Reserves | 11.8 months |
Financial Health Grade: B
In 2024, Water For Ishmael reported a deficit of $168K with expenses exceeding revenue, holds 11.8 months of operating reserves (strong position), has a debt-to-asset ratio of 49.3% (moderate leverage).
Financial Trends
Over 13 years of filings (2012–2024), Water For Ishmael's revenue has grown at a compound annual growth rate (CAGR) of 13.6%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2024 | -23.6% | +12.4% | -15.2% |
| 2023 | +59.9% | +14.0% | +18.6% |
| 2022 | +2.3% | +55.3% | -10.3% |
| 2021 | +17.1% | +7.9% | +8.0% |
| 2020 | +22.9% | +13.6% | +255.7% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1200 |
| IRS Ruling Date | 2008 |
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 Water For Ishmael 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: 10%
- programs: 80%
- fundraising: 10%
According to IRS 990 filings, Water For Ishmael allocates its expenses as follows: admin: 10%, programs: 80%, fundraising: 10%. With 80% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2024)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $168K, with expenses exceeding revenue.
- Debt-to-asset ratio: 49.3%.
Executive Compensation Analysis
Water For Ishmael reports 0% officer compensation across all available filings, indicating that its leadership is either entirely volunteer-based or compensated through non-officer roles, which is highly efficient for an organization of its size with over $800,000 in annual revenue.
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 Water For Ishmael's IRS 990 filings:
- Latest fiscal year (202408) shows expenses ($1,031,385) exceeding revenue ($863,152), resulting in a deficit.
Strengths
The following positive indicators were identified for Water For Ishmael:
- Consistent reporting of 0% officer compensation across all available filings, indicating high efficiency in leadership costs.
- Significant growth in assets from $36,585 in 201508 to $1,017,106 in 202408, demonstrating increased financial capacity.
- Long history of financial transparency with 13 IRS 990 filings.
- Strong revenue growth over the past decade, from $306,652 in 201508 to $863,152 in 202408.
Frequently Asked Questions about Water For Ishmael
Is Water For Ishmael a legitimate charity?
Water For Ishmael (EIN: 205908359) is a registered tax-exempt nonprofit based in Ohio. Our AI analysis gives it a Mission Score of 85/100. It has 13 years of IRS 990 filings on record. Total revenue: $878K. 1 red flag identified. 4 strengths noted. Financial health grade: B.
How does Water For Ishmael spend its money?
Water For Ishmael directs 80% of its spending to programs and services. Fundraising costs 10%. This exceeds the 65% industry benchmark.
Are donations to Water For Ishmael tax-deductible?
Water For Ishmael is registered as a tax-exempt nonprofit (EIN: 205908359). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Water For Ishmael CEO make?
Water For Ishmael's highest-compensated officer earns $800,000 annually. The organization reported $878K in total revenue. Executive compensation data is disclosed in IRS 990 filings.
What percentage of Water For Ishmael's spending goes to programs?
Water For Ishmael directs 80% to programs, 10% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Water For Ishmael compare to similar nonprofits?
With a transparency score of 85/100 (Excellent), Water For Ishmael is above average for NTEE category P80 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Water For Ishmael located?
Water For Ishmael is headquartered in Toledo, Ohio and files with the IRS under EIN 205908359. It is classified under NTEE code P80.
How many years of IRS 990 filings does Water For Ishmael have?
Water For Ishmael 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 $878K in total revenue.
Is Water For Ishmael a good charity?
Based on the available data, Water For Ishmael appears to be a good charity. It has a strong history of financial transparency with 13 IRS 990 filings, reports 0% officer compensation, and has grown its assets and revenue significantly over the past decade, indicating increasing capacity to serve its mission. While the latest filing shows a deficit, this follows a surplus and overall growth trend.
What caused the deficit in the 202408 period?
The IRS 990 data for the 202408 period shows expenses of $1,031,385 exceeding revenue of $863,152, resulting in a deficit. Without access to the detailed expense breakdown within the 990, the specific causes (e.g., increased program costs, one-time investments, or a dip in donations) cannot be precisely identified from this summary data.
How has Water For Ishmael's financial health changed over time?
Water For Ishmael has shown significant financial growth. Revenue increased from $306,652 in 201508 to $863,152 in 202408 (with a peak of $1,130,371 in 202308). Assets have also grown substantially from $36,585 in 201508 to $1,017,106 in 202408, demonstrating a strong upward trend in capacity and financial stability.
Filing History
IRS 990 filing history for Water For Ishmael showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2012–2024), Water For Ishmael's revenue has grown by 362.3%, moving from $187K to $863K. Total assets increased by 5917% over the same period, from $17K to $1.0M. Total functional expenses rose by 488%, from $175K to $1.0M. In its most recent filing year (2024), Water For Ishmael reported a deficit of $168K, with expenses exceeding revenue. The organization holds $502K in liabilities against $1.0M in assets (debt-to-asset ratio: 49.3%), resulting in net assets of $515K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2024 | $863K | $1.0M | $1.0M | $502K | — | View 990 |
| 2023 | $1.1M | $918K | $1.2M | $516K | — | View 990 |
| 2022 | $707K | $805K | $1.0M | $541K | — | View 990 |
| 2021 | $691K | $518K | $1.1M | $559K | — | View 990 |
| 2020 | $590K | $481K | $1.0M | $648K | — | — |
| 2019 | $480K | $423K | $294K | $6K | — | View 990 |
| 2018 | $366K | $407K | $231K | $364 | — | View 990 |
| 2017 | $469K | $369K | $272K | $0 | — | View 990 |
| 2016 | $422K | $288K | $171K | $0 | — | View 990 |
| 2015 | $307K | $281K | $37K | $0 | — | View 990 |
| 2014 | $210K | $221K | $11K | $0 | — | View 990 |
| 2013 | $171K | $167K | $21K | $0 | — | View 990 |
| 2012 | $187K | $175K | $17K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2024: Revenue of $863K, expenses of $1.0M, and assets of $1.0M (revenue -23.6% year-over-year).
- 2023: Revenue of $1.1M, expenses of $918K, and assets of $1.2M (revenue +59.9% year-over-year).
- 2022: Revenue of $707K, expenses of $805K, and assets of $1.0M (revenue +2.3% year-over-year).
- 2021: Revenue of $691K, expenses of $518K, and assets of $1.1M (revenue +17.1% year-over-year).
- 2020: Revenue of $590K, expenses of $481K, and assets of $1.0M (revenue +22.9% year-over-year).
- 2019: Revenue of $480K, expenses of $423K, and assets of $294K (revenue +31.1% year-over-year).
- 2018: Revenue of $366K, expenses of $407K, and assets of $231K (revenue -22.0% year-over-year).
- 2017: Revenue of $469K, expenses of $369K, and assets of $272K (revenue +11.2% year-over-year).
- 2016: Revenue of $422K, expenses of $288K, and assets of $171K (revenue +37.6% year-over-year).
- 2015: Revenue of $307K, expenses of $281K, and assets of $37K (revenue +46.0% year-over-year).
- 2014: Revenue of $210K, expenses of $221K, and assets of $11K (revenue +22.8% year-over-year).
- 2013: Revenue of $171K, expenses of $167K, and assets of $21K (revenue -8.4% year-over-year).
- 2012: Revenue of $187K, expenses of $175K, and assets of $17K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Water For Ishmael:
Data Sources and Methodology
This transparency report for Water For Ishmael 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.