Civic Intelligence

The Aquaya Institute

EIN 20-2977578 • 501(c)3 • San Anselmo, CA

Profile

Aquaya is a non-profit research and consulting organization dedicated to advancing global health through universal access to safe water and sanitation. We deliver critical insights, data, and tools to enable the wash sector to make the best policy, program, and financing decisions. This knowledge helps secure safe water and sanitation to vulnerable populations, increasing human health and well-being.

PO Box 1603San Anselmo, CA 94979

www.aquaya.org

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

54th percentile

0.15x

Higher debt load relative to assets than 54% of similar nonprofits.

501(c)3 • $5M-$10M nonprofits • Source year 2024

Liabilities / Revenue

58th percentile

0.22x

Higher debt load relative to revenue than 58% of similar nonprofits.

501(c)3 • $5M-$10M nonprofits • Source year 2024

Net Margin

7th percentile

-42%

Higher net margin than 7% of similar nonprofits.

501(c)3 • $5M-$10M nonprofits • Source year 2024

Top Officer Pay

73rd percentile

$196,003

Higher top officer pay than 73% of similar nonprofits.

Top officer pay equals 3.9% of source-year revenue.

501(c)3 • $5M-$10M nonprofits • Source year 2024

Asset Growth

6th percentile

-21%

Faster asset growth than 6% of similar nonprofits.

501(c)3 • $5M-$10M nonprofits • Annualized from 2023 to 2024

Revenue Growth

5th percentile

-51%

Faster revenue growth than 5% of similar nonprofits.

501(c)3 • $5M-$10M nonprofits • Annualized from 2023 to 2024

Assets

Down

$7,197,340

Down $1,918,440 (-21%) from 2023

Liabilities

Up

$1,095,850

Up $163,032 (+17%) from 2023

Net Assets

Down

$6,101,490

Down $2,081,472 (-25%) from 2023

Revenue

Down

$4,975,962

Down $5,150,249 (-51%) from 2023

Expenses

Up

$7,057,434

Up $512,765 (+7.8%) from 2023

Net Income

Down

-$2,081,472

Down $5,663,014 (-158%) from 2023

Trend Graphs

Balance Sheet Trend

Grouped bars show assets, liabilities, and net assets across loaded filings.

$10M$5.0M$0Assets 2011: $445,095Liabilities 2011: $91,778Net Assets 2011: $353,3172011Assets 2012: $1,521,655Liabilities 2012: $34,406Net Assets 2012: $1,487,2492012Assets 2013: $761,125Liabilities 2013: $54,326Net Assets 2013: $706,7992013Assets 2014: $1,112,564Liabilities 2014: $89,229Net Assets 2014: $1,023,3352014Assets 2015: $384,954Liabilities 2015: $15,286Net Assets 2015: $369,6682015Assets 2016: $173,904Liabilities 2016: $32,744Net Assets 2016: $141,1602016Assets 2017: $445,456Liabilities 2017: $62,779Net Assets 2017: $382,6772017Assets 2018: $739,243Liabilities 2018: $84,223Net Assets 2018: $655,0202018Assets 2019: $942,099Liabilities 2019: $269,114Net Assets 2019: $672,9852019Assets 2020: $1,285,643Liabilities 2020: $181,632Net Assets 2020: $1,104,0112020Assets 2021: $2,762,883Liabilities 2021: $227,750Net Assets 2021: $2,535,1332021Assets 2022: $4,967,293Liabilities 2022: $365,873Net Assets 2022: $4,601,4202022Assets 2023: $9,115,780Liabilities 2023: $932,818Net Assets 2023: $8,182,9622023Assets 2024: $7,197,340Liabilities 2024: $1,095,850Net Assets 2024: $6,101,4902024

Highlighted filing

2024

Assets$7,197,340
Liabilities$1,095,850
Net Assets$6,101,490

Operations Trend

Revenue, expenses, and net income by year, with the latest filing highlighted.

$15M$10M$5.0M$0-$5.0MRevenue 2011: $606,750Expenses 2011: $565,960Net Income 2011: $40,7902011Revenue 2012: $1,984,437Expenses 2012: $911,184Net Income 2012: $1,073,2532012Revenue 2013: $697,701Expenses 2013: $1,541,344Net Income 2013: -$843,6432013Revenue 2014: $1,575,398Expenses 2014: $1,330,142Net Income 2014: $245,2562014Revenue 2015: $666,614Expenses 2015: $1,333,708Net Income 2015: -$667,0942015Revenue 2016: $302,132Expenses 2016: $552,606Net Income 2016: -$250,4742016Revenue 2017: $1,395,151Expenses 2017: $1,197,754Net Income 2017: $197,3972017Revenue 2018: $1,638,860Expenses 2018: $1,366,517Net Income 2018: $272,3432018Revenue 2019: $2,121,992Expenses 2019: $2,104,027Net Income 2019: $17,9652019Revenue 2020: $2,015,540Expenses 2020: $1,584,514Net Income 2020: $431,0262020Revenue 2021: $3,651,840Expenses 2021: $2,220,718Net Income 2021: $1,431,1222021Revenue 2022: $6,769,804Expenses 2022: $4,703,517Net Income 2022: $2,066,2872022Revenue 2023: $10,126,211Expenses 2023: $6,544,669Net Income 2023: $3,581,5422023Revenue 2024: $4,975,962Expenses 2024: $7,057,434Net Income 2024: -$2,081,4722024

Highlighted filing

2024

Revenue$4,975,962
Expenses$7,057,434
Net Income-$2,081,472

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$7.20$1.10$6.10$4.98$7.06$2.08
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$9.12$0.93$8.18$10.1$6.54$3.58
2022Facts available. Structured filing facts are available, but richer extracted sections are limited.$4.97$0.37$4.60$6.77$4.70$2.07
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2.76$0.23$2.54$3.65$2.22$1.43
2020Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.29$0.18$1.10$2.02$1.58$0.43
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.94$0.27$0.67$2.12$2.10$0.02
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.74$0.08$0.66$1.64$1.37$0.27
2017Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.45$0.06$0.38$1.40$1.20$0.20
2016XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.17$0.03$0.14$0.30$0.55$0.25
2015Detailed filing. Detailed filing data is available for this year.$0.38$0.02$0.37$0.67$1.33$0.67
2014Detailed filing. Detailed filing data is available for this year.$1.11$0.09$1.02$1.58$1.33$0.25
2013Summary only. Only limited summary data is available for this year.$0.76$0.05$0.71$0.70$1.54$0.84
2012Summary only. Only limited summary data is available for this year.$1.52$0.03$1.49$1.98$0.91$1.07
2011Summary only. Only limited summary data is available for this year.$0.45$0.09$0.35$0.61$0.57$0.04
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
Oct 24, 2025
Return Version
2024v5.2
Gross Receipts
$4,975,962
Mission and Program Overview

Mission

Improve health in developing countries by improving the quality of drinking water.

Advance global health through universal access to safe water and sanitation.

Balance Sheet Detail
LineBeginningEndChange
Assets
Savings and Temporary Cash Investments$4,139,934$4,205,782▲ $65,848
Pledges and Grants Receivable$3,283,443$2,242,673▼ $1,040,770
Cash and Non-Interest-Bearing Accounts$1,455,662$478,724▼ $976,938
Accounts Receivable$152,848$162,587▲ $9,739
Prepaid Expenses and Deferred Charges$76,205$98,951▲ $22,746
Land, Buildings, and Equipment, Net$1,191$2,126▲ $935
Total Assets$9,115,780$7,197,340▼ $1,918,440
Other Assets Total$6,497$6,497→ $0
Liabilities
Accounts Payable and Accrued Expenses$932,818$1,027,344▲ $94,526
Deferred Revenue-$68,506-
Total Liabilities$932,818$1,095,850▲ $163,032
Net Assets / Fund Balance
Net Assets With Donor Restrictions$7,441,716$5,197,191▼ $2,244,525
Net Assets Without Donor Restrictions$741,246$904,299▲ $163,053
Total Net Assets Fund Balance$8,182,962$6,101,490▼ $2,081,472
Total Liabilities and Net Assets / Fund Balance$9,115,780$7,197,340▼ $1,918,440

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$0$40,595$40,595
Other Land Buildings$2,126$26,231$28,357
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Rachel PeletzExecutive DirectorFT$163,862$32,141$196,003
Ranjiv KhushProject DirectorFT$176,555$9,755$186,310
Jeffrey AlbertDeputy Project DirectorFT$173,355$5,966$179,321
Theresa LewisChief Financial OfficerFT$148,402$22,923$171,325
Caroline DelaireDirector of Research & ProgramsFT$110,259$32,277$142,536
Ryann JohnsonDirector of OperationsFT$114,667$7,757$122,424
Valerie BauzaDeputy of Director of ResearchFT$107,828$11,496$119,324
Anna MurrayDeputy of Director of ResearchFT$107,448$11,588$119,036

Board Members and Trustees

NameTitle
Ian WarburgChair
Dr Len FinocchioTRUSTEE; VICE CHAIR
Mike FreedmanVICE CHAIR(THRU JAN);TRUSTEE
Anona DuttaTrustee
Charisma AceyTrustee
Christina BabbittTrustee
David RichTrustee
Desmond FitzgeraldTrustee
Melinda TellezTrustee
Stephanie HastingsSecretary
Zorba LiebermanTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$3,967,813
Program Service Revenue
$816,678
Investment Income
$185,929
Other Revenue
$5,542
All Other Contributions
$380,786
Change in Net Assets
$-2,081,472

Noncash Contribution Practices

Property subject to holding requirements
No
Reviewed unusual noncash gifts
Yes
Third parties used for noncash contributions
No

Noncash Contributions

Contribution TypeContribution CountReported AmountValuation Method
Other Non Cash Contri Table19$54,878Fair Market Value (FMV)
Total Noncash Contributions19$54,878-

Audited Revenue Reconciliation

Revenue per Audited Statements
$4,975,962
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$18,521
Total Revenue per Audited Statements
$4,994,483
Total Revenue per Form 990
$4,975,962
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$3,808,304
Grants and Similar Amounts Paid$1,956,154
Other Expenses$1,292,976
Total Fundraising Expense$4,042
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$2,100,943$401,141$3,227$2,505,311
Foreign Grants$1,517,830--$1,517,830
Current Officers, Directors, Trustees, and Key Employees$478,269$254,690-$732,959
Grants to Domestic Orgs$438,324--$438,324
Fees for Services Other$320,830$26,681$5$347,516
Travel$314,614$30,882-$345,496
Other Employee Benefits$208,503$81,793$468$290,764
Payroll Taxes$175,925$43,353$173$219,451
Information Technology$12,883$112,982-$125,865
Office Expenses$33,998$42,282$43$76,323
Pension Plan Contributions$51,562$8,161$96$59,819
Occupancy$42,096$11,738-$53,834
Conferences and Meetings$31,924$6,524-$38,448
Fees for Services Accounting$12,343$19,584-$31,927
Insurance$14,364$14,287$30$28,681
Other Expenses$10,010$5,653-$15,663
Fees for Services Legal$1,792$2,843-$4,635
Depreciation Depletion-$1,596-$1,596
All Other Expenses$100$158-$258
Total Functional Expenses$5,972,372$1,081,020$4,042$7,057,434

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$7,075,955
Expenses per Audited Statements$7,057,434
Total Expenses per Form 990$7,057,434
Expenses Not Reported on Form 990$18,521
Expenses Not Reported on Financial Statements$0
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
Water Mission InternationalNorth Charleston, SC501c(3)Subaward on Usaid Real Water Grant$251,530
The Johns Hopkins UniversityBaltimore, MD501c(3)Subaward on Usaid Real Water Grant$109,340
Cova AguaSaint Paul, MN501c(3)Subaward on Usaid Real Water Grant$54,709
Safe Water NetworkNew York, NY501c(3)Subaward on Usaid Real Water Grant$22,745

International Summary

Offices
2
Employees
161
Spending
$3,961,611

International Compliance

Foreign grant records maintained
Yes
Activity in boycott countries
No
Foreign corporation ownership
No
Foreign partnership interest
No
Interest in foreign trust
No
Passive foreign investment company interest
No
Transfers to foreign corporations
No

International Activities

RegionActivityServicesOfficesEmployeesSpending
Sub-saharan AfricaProgram ServicesWater Quality Monitoring2157$2,200,443
Europe (including Iceland & Greenland)GrantsWater Quality Monitoring00$609,908
East Asia and the PacificGrantsWater Quality Monitoring00$444,617
Sub-saharan AfricaGrants-00$403,376
Europe (including Iceland & Greenland)Program Services-03$243,933
South AsiaGrants-00$57,325
South AsiaProgram Services-01$2,009
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Backup withholding compliance
Yes
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
Yes
Other officer compensation reviewed
Yes
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section B, Line 11B

The form 990 is first reviewed for accuracy by the cfo. Following the review, the form 990 will go through a second review process by the executive director of the aquaya institute. Following the executive director's second review, the form 990 is provided to the board of directors for their review prior to filing with the internal revenue service.

Form 990, Part VI, Section B, Line 12C

Staff and board members complete a conflict of interest disclosure form indicating that they have read and understand the conflict of interest policy included in the company handbook.

Form 990, Part VI, Section B, Line 15

An independent board of directors annually determines the compensation level of the executive director and reviews and approves the compensation of other management staff. Final decisions are based on performance, success of projects, periodic salary benchmarking, and budgetary constraints. The director of operations is notified by the board of directors of their final decisions. The process was last conducted in february 2024.

Form 990, Part VI, Section C, Line 19

Governing documents, policies, form 990, and financial statements are available upon request. Many of the organization's funders require access to these documents.

Filing and Contact Details

Filer

Filer Name
The Aquaya Institute
EIN
20-2977578
Phone
4154486771
Address
PO BOX 1603, SAN ANSELMO, CA 94979

Signing Officer

Name
Rachel Peletz
Title
Executive Director
Phone
4154486771
Signed
2025-10-24
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Rachel Peletz
Formed
2005
Legal Domicile
De
Voting Board Members
11
Independent Board Members
11
Employees
23
Volunteers
16

Preparer

Firm
Han Group LLC
Address
1020 19TH STREET NW SUITE 800, WASHINGTON, DC 20036
Preparer
Jennifer S Han
Phone
2022937000
Supplemental Narrative

Additional Explanations

FORM 990, PART XII, LINE 2C:

The process has not changed from the prior year.

Financial Statement Notes

PART X, LINE 2:

Under provision of section 501(c)(3) of the internal revenue code, aquaya is exempt from income taxes, except for net income from unrelated business income. No provision for income taxes is required for the year ended december 31, 2024 since aquaya had no taxable income from unrelated business activities. The income tax positions taken by aquaya for any years open under the various statutes of limitations are that aquaya continues to be exempt from income taxes and that they have properly reported unrelated business income that is subject to income taxes. Aquaya believes that there are no tax positions taken or expected to be taken that would significantly increase unrecognized tax liabilities within 12 months of the reporting date. None of aquaya's tax returns are currently under examination.

Raw XML AppendixShowing 400 of 816 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

Path#Value
IRS990/AccountantCompileOrReviewInd00
IRS990/AccountsPayableAccrExpnssGrp/BOYAmt0932818
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IRS990/AccountsReceivableGrp/EOYAmt0162587
IRS990/ActivitiesConductedPrtshpInd00
IRS990/ActivityOrMissionDesc0ADVANCE GLOBAL HEALTH THROUGH UNIVERSAL ACCESS TO SAFE WATER AND SANITATION.
IRS990/AllOtherContributionsAmt0380786
IRS990/AllOtherExpensesGrp/ManagementAndGeneralAmt0158
IRS990/AllOtherExpensesGrp/ProgramServicesAmt0100
IRS990/AllOtherExpensesGrp/TotalAmt0258
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IRS990/AuditCommitteeInd01
IRS990/BackupWthldComplianceInd01
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IRS990/BooksInCareOfDetail/PhoneNum04154486771
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt087 PORTEOUS AVENUE
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IRS990/BooksInCareOfDetail/USAddress/ZIPCd094930
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IRS990/CollectionsOfArtInd00
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IRS990/CompensationProcessCEOInd01
IRS990/CompensationProcessOtherInd01
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IRS990/CreditCounselingInd00
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IRS990/CYTotalProfFndrsngExpnsAmt00
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IRS990/DecisionsSubjectToApprovaInd00
IRS990/DeductibleArtContributionInd00
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IRS990/DeferredRevenueGrp/EOYAmt068506
IRS990/DelegationOfMgmtDutiesInd00
IRS990/DepreciationDepletionGrp/ManagementAndGeneralAmt01596
IRS990/DepreciationDepletionGrp/TotalAmt01596
IRS990/Desc0REAL WATER - RURAL EVIDENCE AND LEARNING FOR WATER (REAL-WATER) IS A FIVE-YEAR (2021-2026) COOPERATIVE AGREEMENT BETWEEN THE U.S. AGENCY FOR INTERNATIONAL DEVELOPMENT (USAID) AND THE AQUAYA INSTITUTE (AQUAYA) TO DEVELOP AND EVALUATE STRATEGIES FOR EXPANDING ACCESS TO SAFE, EQUITABLE, AND SUSTAINABLE RURAL WATER SERVICES. REAL-WATER WILL SUPPORT POLICY MAKERS, DEVELOPMENT PARTNERS, AND SERVICE PROVIDERS TO MAKE STRATEGIC DECISIONS AND IMPLEMENT BEST PRACTICES FOR WATER MANAGEMENT THROUGH APPLIED RESEARCH.
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IRS990/ForeignCountryCd0BE
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IRS990/Form990PartVIISectionAGrp/HighestCompensatedEmployeeInd2X
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IRS990/Form990PartVIISectionAGrp/OfficerInd0X
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IRS990/Form990PartVIISectionAGrp/PersonNm15CAROLINE DELAIRE
IRS990/Form990PartVIISectionAGrp/PersonNm16RYANN JOHNSON
IRS990/Form990PartVIISectionAGrp/PersonNm17ANNA MURRAY
IRS990/Form990PartVIISectionAGrp/PersonNm18VALERIE BAUZA
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IRS990/Form990PartVIISectionAGrp/TitleTxt1TRUSTEE; VICE CHAIR
IRS990/Form990PartVIISectionAGrp/TitleTxt2VICE CHAIR(THRU JAN);TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt3SECRETARY
IRS990/Form990PartVIISectionAGrp/TitleTxt4TREASURER
IRS990/Form990PartVIISectionAGrp/TitleTxt5TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt6TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt7TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt8TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt9TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt10TRUSTEE
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IRS990/Form990PartVIISectionAGrp/TitleTxt12CHIEF FINANCIAL OFFICER
IRS990/Form990PartVIISectionAGrp/TitleTxt13PROJECT DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt14DEPUTY PROJECT DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt15DIRECTOR OF RESEARCH & PROGRAMS
IRS990/Form990PartVIISectionAGrp/TitleTxt16DIRECTOR OF OPERATIONS
IRS990/Form990PartVIISectionAGrp/TitleTxt17DEPUTY OF DIRECTOR OF RESEARCH
IRS990/Form990PartVIISectionAGrp/TitleTxt18DEPUTY OF DIRECTOR OF RESEARCH
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IRS990/MissionDesc0AQUAYA IS A NON-PROFIT RESEARCH AND CONSULTING ORGANIZATION DEDICATED TO ADVANCING GLOBAL HEALTH THROUGH UNIVERSAL ACCESS TO SAFE WATER AND SANITATION. WE DELIVER CRITICAL INSIGHTS, DATA, AND TOOLS TO ENABLE THE WASH SECTOR TO MAKE THE BEST POLICY, PROGRAM, AND FINANCING DECISIONS. THIS KNOWLEDGE HELPS SECURE SAFE WATER AND SANITATION TO VULNERABLE POPULATIONS, INCREASING HUMAN HEALTH AND WELL-BEING.
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IRS990/ProgSrvcAccomActy2Grp/Desc0AFRICA WATER QUALITY TESTING FELLOWSHIP - THIS PROGRAM PARTNERS WITH UNIVERSITIES IN ETHIOPIA, GHANA, AND UGANDA TO ESTABLISH A STUDENT FELLOWSHIP PROGRAM AND BUILD STUDENTS' PRACTICAL SKILLS IN WATER QUALITY TESTING. THIS PROGRAM ALSO COLLECTS WATER QUALITY DATA FROM HOUSEHOLDS, SCHOOLS, AND HEALTHCARE FACILITIES TO INFORM STRATEGIES FOR WATER QUALITY IMPROVEMENT INTERVENTIONS.
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IRS990/ProgSrvcAccomActy3Grp/Desc0ASSURANCE FUND - THIS PROGRAM PARTNERS WITH URBAN LABORATORIES, RURAL WATER SYSTEMS, AND LOCAL GOVERNMENTS IN GHANA, KENYA, AND TANZANIA TO FACILITATE REGULAR WATER QUALITY TESTING OF RURAL WATER SYSTEMS AND PROMOTE THE USE OF WATER QUALITY DATA FOR BETTER WATER SAFETY MANAGEMENT. THE PROGRAM ALSO PROVIDES CAPACITY STRENGTHENING, TECHNICAL GUIDANCE, AND COMMUNITY SENSITIZATION. RIGOROUS RESEARCH EVALUATIONS ARE BEING CONDUCTED IN KENYA AND GHANA TO EVALUATE THE IMPACT OF THE PROGRAM.
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IRS990/ProgSrvcAccomActyOtherGrp/Desc0OTHER PROGRAMS
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