Water For The World
Water For The World shows strong program focus with no officer compensation, but has experienced periods of deficit spending.
EIN: 208865591 · Elkhorn, NE · NTEE: Q33 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $360K |
| Total Expenses | $227K |
| Program Spending | 85% |
| CEO/Top Officer Pay | $200,000 |
| Net Assets | $49K |
| Transparency Score | 80/100 |
Is Water For The World Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Water For The World directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Water For The World
Water For The World (EIN: 208865591) is a nonprofit organization based in Elkhorn, NE, classified under NTEE code Q33. The organization reported total revenue of $360K and total assets of $202K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Water For The World's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Water For The World is a small nonprofit that has been operating for 19 years, with 10 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of -0.1%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $262K |
| Total Expenses | $227K |
| Surplus / Deficit | +$35K |
| Total Assets | $49K |
| Total Liabilities | $12 |
| Net Assets | $49K |
| Operating Margin | 13.5% |
| Debt-to-Asset Ratio | 0.0% |
| Months of Reserves | 2.6 months |
Financial Health Grade: A
In 2023, Water For The World reported a surplus of $35K with revenue exceeding expenses, holds 2.6 months of operating reserves (limited), has a debt-to-asset ratio of 0.0% (very low leverage).
Financial Trends
Over 10 years of filings (2011–2023), Water For The World's revenue has declined at a compound annual growth rate (CAGR) of -0.1%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +9.2% | -5.4% | +259.7% |
| 2022 | +50.0% | +36.3% | +3.9% |
| 2021 | -60.0% | -55.1% | -54.4% |
| 2020 | +59.8% | +20.2% | +49.6% |
| 2019 | -24.3% | -16.0% | -49.2% |
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 Water For The World with a Mission Score of 80 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: 85%
- fundraising: 5%
According to IRS 990 filings, Water For The World allocates its expenses as follows: admin: 10%, programs: 85%, fundraising: 5%. With 85% 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 surplus of $35K, with revenue exceeding expenses.
- Debt-to-asset ratio: 0.0%.
Executive Compensation Analysis
Water For The World consistently reports 0% officer compensation across all available filings, indicating that executive leadership is either volunteer-based or compensated through non-officer channels, which is commendable for a small organization with revenues fluctuating around $200,000-$400,000.
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 The World's IRS 990 filings:
- Inconsistent financial stability with multiple years of deficit spending (e.g., 2021, 2019, 2015, 2011).
- Significant fluctuations in annual revenue, indicating potential reliance on unpredictable funding sources.
Strengths
The following positive indicators were identified for Water For The World:
- Consistently reports 0% officer compensation, demonstrating strong commitment to program spending.
- Generally low liabilities across most filing periods, indicating good financial health in terms of debt.
- Significant growth in assets from $49,153 in 2023 to $201,538 currently, suggesting recent financial improvement.
- Long filing history (10 filings), indicating sustained operation and transparency over time.
Frequently Asked Questions about Water For The World
Is Water For The World a legitimate charity?
Water For The World (EIN: 208865591) is a registered tax-exempt nonprofit based in Nebraska. Our AI analysis gives it a Mission Score of 80/100. It has 10 years of IRS 990 filings on record. Total revenue: $360K. 2 red flags identified. 4 strengths noted. Financial health grade: A.
How does Water For The World spend its money?
Water For The World directs 85% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.
Are donations to Water For The World tax-deductible?
Water For The World is registered as a tax-exempt nonprofit (EIN: 208865591). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Water For The World CEO make?
Water For The World's highest-compensated officer earns $200,000 annually. The organization reported $360K in total revenue. Executive compensation data is disclosed in IRS 990 filings.
What percentage of Water For The World's spending goes to programs?
Water For The World directs 85% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Water For The World compare to similar nonprofits?
With a transparency score of 80/100 (Excellent), Water For The World 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 Water For The World located?
Water For The World is headquartered in Elkhorn, Nebraska and files with the IRS under EIN 208865591. It is classified under NTEE code Q33.
How many years of IRS 990 filings does Water For The World have?
Water For The World has 10 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 $360K in total revenue.
Is Water For The World a good charity?
Based on the available data, Water For The World appears to be a good charity in terms of its dedication to its mission, as evidenced by 0% officer compensation and generally low liabilities. However, its financial stability has been inconsistent, with several years of deficit spending.
How does Water For The World manage its finances?
Water For The World's financial management shows periods of strong revenue generation and asset growth, such as the increase in assets from $49,153 in 2023 to $201,538. However, it has also experienced years where expenses exceeded revenue, like in 2021 and 2019, suggesting a need for more consistent financial planning.
What is the trend in Water For The World's revenue?
Water For The World's revenue has fluctuated significantly over the years, ranging from a low of $160,000 in 2021 to a high of $517,115 in 2012. The latest reported revenue is $360,100, indicating variability in its funding streams.
Filing History
IRS 990 filing history for Water For The World showing financial trends over 10 years of public records:
Over 10 years of IRS 990 filings (2011–2023), Water For The World's revenue has declined by 1.6%, moving from $266K to $262K. Total assets increased by 41.1% over the same period, from $35K to $49K. Total functional expenses fell by 38.4%, from $367K to $227K. In its most recent filing year (2023), Water For The World reported a surplus of $35K, with revenue exceeding expenses. The organization holds $12 in liabilities against $49K in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $49K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $262K | $227K | $49K | $12 | — | View 990 |
| 2022 | $240K | $239K | $14K | $1 | — | View 990 |
| 2021 | $160K | $176K | $13K | $1 | — | View 990 |
| 2020 | $401K | $391K | $29K | $1 | — | — |
| 2019 | $251K | $325K | $19K | $1 | — | View 990 |
| 2015 | $331K | $387K | $38K | $30K | — | View 990 |
| 2014 | $444K | $434K | $64K | $1 | — | View 990 |
| 2013 | $379K | $287K | $54K | $0 | — | View 990 |
| 2012 | $517K | $480K | $72K | $111K | — | View 990 |
| 2011 | $266K | $367K | $35K | $111K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $262K, expenses of $227K, and assets of $49K (revenue +9.2% year-over-year).
- 2022: Revenue of $240K, expenses of $239K, and assets of $14K (revenue +50.0% year-over-year).
- 2021: Revenue of $160K, expenses of $176K, and assets of $13K (revenue -60.0% year-over-year).
- 2020: Revenue of $401K, expenses of $391K, and assets of $29K (revenue +59.8% year-over-year).
- 2019: Revenue of $251K, expenses of $325K, and assets of $19K (revenue -24.3% year-over-year).
- 2015: Revenue of $331K, expenses of $387K, and assets of $38K (revenue -25.5% year-over-year).
- 2014: Revenue of $444K, expenses of $434K, and assets of $64K (revenue +17.2% year-over-year).
- 2013: Revenue of $379K, expenses of $287K, and assets of $54K (revenue -26.7% year-over-year).
- 2012: Revenue of $517K, expenses of $480K, and assets of $72K (revenue +94.2% year-over-year).
- 2011: Revenue of $266K, expenses of $367K, and assets of $35K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Water For The World:
Data Sources and Methodology
This transparency report for 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.