Rippling Waters Charity

Nonprofit profile at a glance

EIN
813113187
IRS 990-EZ coverage
2017–2024
Forms available
Form 990-EZ 2024, Form 990-N 2016
Location
Greenwood Village, CO, USA
Phone
3038850262
Rating
94
Verdict
STRONG
Rating confidence
Moderate
Sector
Human Service Organizations

Official website

Reported finances

Revenue
$120,656
Expenses
$110,250
Assets
$61,889
Liabilities
$0

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

Leadership & pay

4 people listed

Executive titles in this filing

  • JOHN HEAP (EXECUTIVE DIRECTOR, CHAIRM)

People named in this filing

  • JOHN HEAP (EXECUTIVE DIRECTOR, CHAIRM)
  • SUSAN HEAP (DIRECTOR, SECRETARY/TREASU)
  • LAUREN HEAP (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

Assist needy children in developing countries by creating systems that provide clean water, healthy food, and an opportunity to build a local economy that changes all village members' lives.

What it reported doing in 2024

Rippling waters charity coordinates its activities with water professionals in the geosynthetic industry across the world, leveraging local resources and coordinating the engineering and technology efforts needed to develop aquaculture projects. But really, it's simple.an aquaponic system begins with tanks of fish. In kenya, where the project is beginning, we are growing tilapia, which serve as a food source for the children at the orphanage where we are building the system. The fish are one source of food, but the water from the tanks is filtered and used to grow herbs, vegetables and other plants in the aquaponic garden. The waste from the fish serves as fertilizer for the plants. With one simple system, the children now have viable sources of nutrients and proteins in an easy-to-maintain system.in addition to food, the aquaponic system provides a trade opportunity. The system will serve as a trade school for older students to learn the ins and outs of building and maintaining an aquaponic system. Over time they will be able to take this knowledge to other villages and help them build and maintain their own systems. Additionally, any food produced above and beyond the orphanage's direct needs can be sold at the local market and serve as income to help sustain the orphanage. Beyond that, the funds will also be applied to provide secondary education and health services to the children and village as a whole.

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 100% 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 assets have declined or grown slowly.

Rating breakdown

  • Financial Efficiency: 94
  • Transparency & Controls: 100
  • Sustainability: 54
  • Growth: 80

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 91.4%; rating input score 91
  • Program expense ratio: 100%; rating input score 100

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: 8.6%; rating input score 55; 55th percentile among comparable filings
  • Total-asset coverage ratio: 0.56; rating input score 41; 41st percentile among comparable filings
  • Liabilities to assets ratio: 0; rating input score 76; 76th percentile among comparable filings
  • Officer compensation ratio: 0%; rating input score 63; 63rd percentile among comparable filings

Growth

  • Program expense growth: 15.8% per year; rating input score 100; 71st percentile among comparable filings
  • Revenue growth: 6.2% per year; rating input score 100; 53rd percentile among comparable filings
  • Asset growth: -11.4% per year; rating input score 0; 10th percentile among comparable filings

Details

  • Where the money goes: 91.4% of revenue deployed · 100% of spending went to programs
  • Governance: Filed governance answers
  • Accomplishments: 1 filed program accomplishment · $110K in reported program spending
  • Leadership: top reported pay $0 · 4 people listed
  • Consistency: 9 of 9 current checks pass
  • Schedules: 3 filed schedules
  • Filing history: 7 filing years from 2017 to 2024
  • Contacts: How to reach this organization
  • 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.

  • Review — Sustainability: Operating margin scored 55/100.
  • High — Growth: Asset growth scored 0/100.
  • Moderate — Sustainability: Total-asset coverage ratio scored 41/100.