Secure Water Alliance
Nonprofit profile at a glance
- EIN
- 931545129
- IRS 990-EZ coverage
- 2024–2024
- Forms available
- Form 990 2023, Form 990-EZ 2024
- Location
- Fullerton, CA, USA
- Phone
- 7144512340
- Rating confidence
- Limited
- Sector
- Chambers of Commerce & Business Leagues
Reported finances
- Revenue
- $141,500
- Expenses
- $205,423
- Assets
- $57,336
Source: IRS Form 990-EZ. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
7 people listed
Executive titles in this filing
- DAVE SOREM (President)
- JEFF MONTEJANO (Vice President)
People named in this filing
- RICHARD LAMBROS (Executive Dir.)
- DAVE SOREM (President)
- JEFF MONTEJANO (Vice President)
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
Swas purposes are to support smart water infrastructure that improves access to water for the people of southern California. Swa uses advocacy, communication, coalition-building, and other strategic approaches to build support for, and gain approval of, critically needed and well-planned water projects and systems.
What it reported doing in 2024
The secure water alliance (swa) was formed in may 2023. Since then, in addition to concluding work relative to the legal incorporation of the group, we have taken a support position on five water supply and storage projects and have been actively engaged in supporting the regulatory approval of the three that are currently in the public review process. For this purpose, we have developed a public-facing informative website (www.securewateralliance.com), built and/or supported coalitions of like-minded organizations, and testified or submitted comment letters in support of the water projects, policies, and legislation the alliance supports. Additionally, we have opposed policies and legislation that are counter to our objectives. We have also held meetings of our board of directors and steering committee members to provide them with current information on the projects, policies, and legislation we are focused upon, and have shared much of this information to the public through social media.
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
- Cannot be determined from the filing. The filing does not provide enough consistent spending detail to tell whether the nonprofit works directly or through others.
The verdict
- The available evidence is not sufficient to produce an overall rating for this filing. This is not a warning sign.
Rating breakdown
- Financial Efficiency: NotEnoughData
- Transparency & Controls: 82
- Sustainability: 15
- Growth: 0
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: Limited
- Program expense ratio: Limited
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 52nd percentile among comparable filings
- Major donor itemization: Limited
Sustainability
- Operating margin: -45.2%; rating input score 2; 2nd percentile among comparable filings
- Total-asset coverage ratio: 0.28; rating input score 24; 24th 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: Limited
- Revenue growth: -47.9% per year; rating input score 0; 1st percentile among comparable filings
- Asset growth: -71.7% per year; rating input score 0; 1st percentile among comparable filings
Details
- Where the money goes: Financial trends and filed revenue, expense, asset, and liability detail
- Governance: Filed governance answers
- Accomplishments: 1 filed program accomplishment
- Leadership: top reported pay $0 · 7 people listed
- Consistency: 5 of 5 current checks pass
- Schedules: 3 filed schedules
- Contacts: How to reach this organization
- Money network: 3 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 — Growth: Revenue growth scored 0/100.
- High — Sustainability: Operating margin scored 2/100.
- High — Growth: Asset growth scored 0/100.
- High — Sustainability: Total-asset coverage ratio scored 24/100.