WaterOne Foundation
Nonprofit profile at a glance
- EIN
- 872228670
- IRS 990-EZ coverage
- 2023–2025
- Forms available
- Form 990-EZ 2025, Form 990-N 2022
- Location
- Lenexa, KS, USA
- Rating
- 38
- Verdict
- REVIEW
- Rating confidence
- Moderate
- Sector
- Single Organization Support
Reported finances
- Revenue
- $896
- Expenses
- $1
- Assets
- $31,201
Source: IRS Form 990-EZ. Selected filing: tax year 2025. Amounts in USD.
Leadership & pay
8 people listed
Executive titles in this filing
- Brenda Cherpitel (President)
People named in this filing
- Renee Dinsmore (Director)
- Ullyses Wright (Director)
- Kay Heley (Secretary and VP and 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 2025. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
The Foundation will undertake and or support activities to provide financial assistance i to lessen the burdens of government including those of the foundations supported organization Water District No. 1 of Johnson County Kansas ii to needy families and individuals struggling with access to water and iii for educational scholarships. The Foundation will also undertake to promote educational and scientific initiatives in the following areas: i environmental conservation of water resources ii water issues related to public health safety welfare and quality of life and iii water quality and supply.
What it reported doing in 2025
The organization is still in the early stages of its fundraising and anticipates undertaking its programmatic activities in future years once its funding reaches adequate levels.
Operating model
- Revenue model
- Donor-supported. 61% of the money available for current operations came from contributions and gifts.
- Distribution model
- No current program activity. The filing reports no program spending for the current year.
The verdict
REVIEW - The filed numbers largely add up and revenue comfortably covers expenses. A relatively small share of available resources goes toward mission work and revenue has declined or grown slowly.
Rating breakdown
- Financial Efficiency: 0
- Transparency & Controls: 82
- Sustainability: 83
- Growth: 20
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 0%; rating input score 0
- Program expense ratio: Limited
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 51st percentile among comparable filings
- Major donor itemization: Limited
Sustainability
- Operating margin: 99.9%; rating input score 100; 100th percentile among comparable filings
- Total-asset coverage ratio: 31,201; rating input score 100; 100th percentile among comparable filings
- Liabilities to assets ratio: Limited
- Officer compensation ratio: 0%; rating input score 56; 56th percentile among comparable filings
Growth
- Program expense growth: Limited
- Revenue growth: -124.3% per year; rating input score 0; 1st percentile among comparable filings
- Asset growth: 1.6% per year; rating input score 100; 44th percentile among comparable filings
Details
- Where the money goes: 0% of revenue deployed
- Governance: Filed governance answers
- Accomplishments: 1 filed program accomplishment
- Leadership: top reported pay $0 · 8 people listed
- Consistency: 5 of 5 current checks pass
- Schedules: 1 filed schedules
- Filing history: 3 filing years from 2023 to 2025
- 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.
- High — Financial Efficiency: Mission deployment rate scored 0/100.
- High — Growth: Revenue growth scored 0/100.
- Review — Sustainability: Officer compensation ratio scored 56/100.