Gt Water Project Inc
Nonprofit profile at a glance
- EIN
- 814172473
- IRS 990-EZ coverage
- 2020–2024
- Forms available
- Form 990 2023, Form 990-EZ 2024
- Location
- Ramsey, NJ, USA
- Phone
- 9175446192
- Rating
- 84
- Verdict
- STRONG
- Rating confidence
- Moderate
- Sector
- Human Service Organizations
Reported finances
- Revenue
- $125,100
- Expenses
- $129,238
- Assets
- $2,458
Source: IRS Form 990-EZ. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
5 people listed
People named in this filing
- CARL GLAESER (PRES - Director)
- GEORGE B TRAPP (Trustee)
- GARY HUMPHRIES (Director)
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
We employ a local staff of eight people in Les Cayes. These salaried employees thoroughly assess each water filter candidate to ensure they display two qualities: adequate need and a willingness to share the water with their neighbors. Upon approval, the candidates agree to maintain the filter and supply their immediate neighbors with daily drinking water. GT Water Project staff gives a functional water filter to and trains the candidates on proper filter use and supplies any required filter maintenance between checkups every 3 months.
What it reported doing in 2024
We employ a local staff of eight people in Les Cayes. These salaried employees thoroughly assess each water filter candidate to ensure they display two qualities: 1. adequate need and 2. a willingness to share the water with their neighbors. Upon approval, the candidates agree to maintain the filter and supply their immediate neighbors with daily drinking water. GT Water Project staff provides a water filter and then trains the candidates on proper filter use and supplies any required filter maintenance between checkups every 3 months.
Operating model
- Revenue model
- Cannot be determined from the filing. The filing does not provide enough consistent revenue detail to tell how this nonprofit funds its work.
- Distribution model
- Direct operator. The filing allocates 100% of reported program-service expenses outside its grant, affiliate-payment, and member-benefit lines. This expense classification does not rule out separately announced grant awards.
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: 100
- Transparency & Controls: 73
- Sustainability: 20
- Growth: 80
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 100%; rating input score 100
- Program expense ratio: 100%; rating input score 100
Transparency & Controls
- Consistency checks: 88.9%; rating input score 89; 1st percentile among comparable filings
- Major donor itemization: Limited
Sustainability
- Operating margin: -3.3%; rating input score 25; 25th percentile among comparable filings
- Total-asset coverage ratio: 0.02; rating input score 4; 4th percentile among comparable filings
- Liabilities to assets ratio: Limited
- Officer compensation ratio: 0%; rating input score 63; 63rd percentile among comparable filings
Growth
- Program expense growth: 7% per year; rating input score 100; 53rd percentile among comparable filings
- Revenue growth: 12.4% per year; rating input score 100; 72nd percentile among comparable filings
- Asset growth: -27.7% per year; rating input score 0; 5th percentile among comparable filings
Details
- Where the money goes: 100% of revenue deployed · 100% of spending went to programs
- Governance: Filed governance answers
- Accomplishments: 1 filed program accomplishment · $129K in reported program spending
- Leadership: top reported pay $0 · 5 people listed
- Consistency: 6 of 6 current checks pass
- Schedules: 3 filed schedules
- Filing history: 3 filing years from 2020 to 2024
- Contacts: How to reach this organization
- Money network: 2 filed money-flow records
- 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 25/100.
- High — Sustainability: Total-asset coverage ratio scored 4/100.
- High — Growth: Asset growth scored 0/100.