Water Institute Of The Gulf
EIN: 451066585 · Baton Rouge, LA · NTEE: C32
| Metric | Value |
|---|---|
| Total Revenue | $17.5M |
| Total Expenses | $17.1M |
| Net Assets | $2.8M |
Is Water Institute Of The Gulf Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Water Institute Of The Gulf
Water Institute Of The Gulf (EIN: 451066585) is a nonprofit organization based in Baton Rouge, LA, classified under NTEE code C32. The organization reported total revenue of $17.5M and total assets of $6.7M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Water Institute Of The Gulf's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Water Institute Of The Gulf is a large nonprofit that has been operating for 15 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 57.9%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $17.1M |
| Total Expenses | $17.1M |
| Surplus / Deficit | $-40,371 |
| Total Assets | $6.7M |
| Total Liabilities | $3.9M |
| Net Assets | $2.8M |
| Operating Margin | -0.2% |
| Debt-to-Asset Ratio | 57.8% |
| Months of Reserves | 4.7 months |
Financial Health Grade: C
In 2023, Water Institute Of The Gulf reported a deficit of $40K with expenses exceeding revenue, holds 4.7 months of operating reserves (adequate), has a debt-to-asset ratio of 57.8% (high leverage).
Financial Trends
Over 13 years of filings (2011–2023), Water Institute Of The Gulf's revenue has grown at a compound annual growth rate (CAGR) of 57.9%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +14.8% | +14.6% | -0.7% |
| 2022 | +18.3% | +35.1% | +39.2% |
| 2021 | +38.9% | +22.5% | +35.7% |
| 2020 | -2.3% | -15.5% | -11.0% |
| 2019 | +12.1% | +39.4% | -16.0% |
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 Water Institute Of The Gulf 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 Institute Of The Gulf 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 $40K, with expenses exceeding revenue.
- Debt-to-asset ratio: 57.8%.
Frequently Asked Questions about Water Institute Of The Gulf
Is Water Institute Of The Gulf a legitimate charity?
Based on AI analysis of IRS 990 filings, Water Institute Of The Gulf (EIN: 451066585) insufficient data. 0 red flags identified, 0 strengths noted.
How does Water Institute Of The Gulf spend its money?
Detailed spending breakdown data is not yet available for Water Institute Of The Gulf. Check back for updated IRS 990 analysis.
Are donations to Water Institute Of The Gulf tax-deductible?
Water Institute Of The Gulf is registered as a tax-exempt nonprofit (EIN: 451066585). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Water Institute Of The Gulf located?
Water Institute Of The Gulf is headquartered in Baton Rouge, Louisiana and files with the IRS under EIN 451066585. It is classified under NTEE code C32.
How many years of IRS 990 filings does Water Institute Of The Gulf have?
Water Institute Of The Gulf 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 $17.5M in total revenue.
Filing History
IRS 990 filing history for Water Institute Of The Gulf showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Water Institute Of The Gulf's revenue has grown by 23832.7%, moving from $71K to $17.1M. Total functional expenses rose by 23889.2%, from $71K to $17.1M. In its most recent filing year (2023), Water Institute Of The Gulf reported a deficit of $40K, with expenses exceeding revenue. The organization holds $3.9M in liabilities against $6.7M in assets (debt-to-asset ratio: 57.8%), resulting in net assets of $2.8M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $17.1M | $17.1M | $6.7M | $3.9M | — | — |
| 2022 | $14.9M | $15.0M | $6.7M | $3.9M | — | View 990 |
| 2021 | $12.6M | $11.1M | $4.8M | $1.9M | — | View 990 |
| 2020 | $9.1M | $9.0M | $3.6M | $2.1M | — | View 990 |
| 2019 | $9.3M | $10.7M | $4.0M | $2.6M | — | View 990 |
| 2018 | $8.3M | $7.7M | $4.8M | $1.9M | — | View 990 |
| 2017 | $5.9M | $6.8M | $4.2M | $2.0M | — | View 990 |
| 2016 | $7.9M | $9.5M | $4.3M | $1.2M | — | View 990 |
| 2015 | $11.1M | $10.5M | $6.5M | $1.9M | — | View 990 |
| 2014 | $10.2M | $8.9M | $5.2M | $1.1M | — | View 990 |
| 2013 | $5.5M | $5.1M | $3.0M | $609K | — | View 990 |
| 2012 | $4.0M | $2.0M | $2.2M | $233K | — | View 990 |
| 2011 | $71K | $71K | $0 | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $17.1M, expenses of $17.1M, and assets of $6.7M (revenue +14.8% year-over-year).
- 2022: Revenue of $14.9M, expenses of $15.0M, and assets of $6.7M (revenue +18.3% year-over-year).
- 2021: Revenue of $12.6M, expenses of $11.1M, and assets of $4.8M (revenue +38.9% year-over-year).
- 2020: Revenue of $9.1M, expenses of $9.0M, and assets of $3.6M (revenue -2.3% year-over-year).
- 2019: Revenue of $9.3M, expenses of $10.7M, and assets of $4.0M (revenue +12.1% year-over-year).
- 2018: Revenue of $8.3M, expenses of $7.7M, and assets of $4.8M (revenue +41.0% year-over-year).
- 2017: Revenue of $5.9M, expenses of $6.8M, and assets of $4.2M (revenue -26.1% year-over-year).
- 2016: Revenue of $7.9M, expenses of $9.5M, and assets of $4.3M (revenue -28.2% year-over-year).
- 2015: Revenue of $11.1M, expenses of $10.5M, and assets of $6.5M (revenue +8.6% year-over-year).
- 2014: Revenue of $10.2M, expenses of $8.9M, and assets of $5.2M (revenue +84.0% year-over-year).
- 2013: Revenue of $5.5M, expenses of $5.1M, and assets of $3.0M (revenue +39.8% year-over-year).
- 2012: Revenue of $4.0M, expenses of $2.0M, and assets of $2.2M (revenue +5443.4% year-over-year).
- 2011: Revenue of $71K, expenses of $71K, and assets of $0.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Water Institute Of The Gulf:
Data Sources and Methodology
This transparency report for Water Institute Of The Gulf 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.