Fresh Water Friends Inc

Nonprofit profile at a glance

EIN
813686457
IRS 990-EZ coverage
2016–2024
Forms available
Form 990 2020, Form 990-EZ 2024
Location
Ballston Lake, NY, USA
Phone
8009486185
Rating
91
Verdict
STRONG
Rating confidence
Moderate
Sector
International Development
Affiliation
Christianity

Reported finances

Revenue
$170,173
Expenses
$202,048
Assets
$29,076

Source: IRS Form 990-EZ. Selected filing: tax year 2024. Amounts in USD.

Leadership & pay

6 people listed

Executive titles in this filing

  • S Audra Wood (Executive Director)

People named in this filing

  • Dylan Hall (Chair)
  • Robert Gilham (Secretary)
  • Thomas Kanouff (Treasurer)

Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.

Source: IRS Form 990-EZ. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

Fresh Water Friends is a ministry that raises and provides funds to install clean water borewells for churches and villages in south Asia, Africa and other parts of the world.

What it reported doing in 2024

Fresh Water Friends promotes advocacy, fundraising, and clean water technologies for places in the world where healthy fresh water is unavailable. Funds are used primarily for deep bore wells but may be used to support other technologies such as water filtration and bottled water distribution.Since 2015 Fresh Water Friends has built more than 565 wells across the Indian subcontinent and sub-Saharan Africa, which provide clean, reliable water for more than 560,000 people every single day.

Operating model

Revenue model
Donor-supported. 100% of the money available for current operations came from contributions and gifts.
Distribution model
Grant intermediary. The nonprofit sent 69% of its reported program spending out as grants.

The verdict

STRONG - A large share of available resources goes toward mission work and the filed numbers largely add up. Expenses are high relative to revenue and total assets are small relative to annual expenses; liquid coverage is unknown.

Rating breakdown

  • Financial Efficiency: 91
  • Transparency & Controls: 100
  • Sustainability: 11
  • Growth: 100

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 97.4%; rating input score 97
  • Program expense ratio: 82.1%; rating input score 82

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 52nd percentile among comparable filings
  • Major donor itemization: Yes; rating input score 100

Sustainability

  • Operating margin: -18.7%; rating input score 9; 9th percentile among comparable filings
  • Total-asset coverage ratio: 0.14; rating input score 15; 15th percentile among comparable filings
  • Liabilities to assets ratio: Limited
  • Officer compensation ratio: 15.8%; rating input score 18; 18th percentile among comparable filings

Growth

  • Program expense growth: 10.1% per year; rating input score 100; 61st percentile among comparable filings
  • Revenue growth: 5.3% per year; rating input score 100; 49th percentile among comparable filings
  • Asset growth: 9.9% per year; rating input score 100; 61st percentile among comparable filings

Details

  • Where the money goes: 97.4% of revenue deployed · 82.1% of spending went to programs
  • Governance: Filed governance answers
  • Accomplishments: 1 filed program accomplishment · $166K in reported program spending
  • Leadership: top reported pay $0 · 6 people listed
  • Consistency: 8 of 8 current checks pass
  • Schedules: 3 filed schedules
  • Filing history: 7 filing years from 2016 to 2024
  • Contacts: How to reach this organization
  • Money network: 2 filed money-flow records
  • Related organizations: Filed and resolved organization relationships.
  • Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
  • People: Everyone the filings name, and which of them the filings identify by more than a name.

Key Signals

Signals prioritize questions for review. They are not findings of misconduct.

  • High — Sustainability: Operating margin scored 9/100.
  • High — Sustainability: Total-asset coverage ratio scored 15/100.
  • High — Sustainability: Officer compensation ratio scored 18/100.