Charity Global Inc

“The return preparer emails a draft of the form 990 to management for internal review. Revisions are inputted by the return preparer and a revised draft is emailed to the engaged independent accounting firm for review. After all changes are made and agreed to by the engaged independent accounting firm, the final form 990 is then sent by the return preparer via email to the founder/ceo, cfo and finance committee for final review. Once final approval is obtained from the above-seated officers, the final form 990 is sent to management for signature and a copy of the final form 990 is forwarded to all seated board members prior to filing with the irs.”

“In connection with any actual or possible conflict of interest, any director, officer, key employee, or member of a committee with the governing board must disclose the existence of the financial interest and be given the opportunity to disclose all material facts to the directors and members of committees with governing board delegated powers considering the proposed transaction or arrangement. Each interested person shall annually sign a statement which affirms such person: 1. Has received a copy of the conflict of interest policy, 2. Has read and understands the conflict of interest policy, 3. Has agreed to comply with the conflict of interest policy, and 4. Understands the organization is charitable and in order to maintain its federal tax exemption it must engage primarily in activities which accomplish one or more of its tax-exempt purposes. In addition, on such statement, interested persons shall disclose or update their interests that could give rise to a conflict of interest, such as a list of family members, substantial business or investment holdings, and other transactions or affiliations with businesses and other organizations and those of family members. To ensure the organization operates in a manner consistent with charitable purposes and does not engage in activities that could jeopardize its tax-exempt status, regular and consistent reviews (at least annually) shall be conducted. The reviews shall, at a minimum, include the following subjects: a) whether compensation arrangements and benefits are reasonable, based on competent survey information, and the result of arm's-length bargaining. B) whether partnerships, joint ventures and arrangements with management organizations conform to the organization's written policies are properly recorded, reflect reasonable investments or payments for goods and services, further charitable purposes and do not result in inurement, impermissible private benefit or in an excess benefit transaction. C) whether the governing board and all committees with board delegated powers is properly implementing this conflict of interest policy. D) whether any improvements should be made to this conflict of interest policy. When complying with this conflict of interest policy, the organization may, but need not, use outside advisors. If outside experts are used, their use shall not relieve the governing board of its responsibility under this conflict of interest policy. If the governing board or committee determines that there is a conflict of interest, the governing board or committee shall follow the procedures outlined below: a) the chairperson of the governing board or committee shall, if appropriate, appoint a disinterested person or committee to investigate alternatives to the proposed transaction or arrangement. B) after exercising due diligence, the governing board or committee shall determine whether the organization can obtain with reasonable efforts a more advantageous transaction or arrangement from a person or entity that would not give rise to a conflict of interest. C) if a more advantageous transaction or arrangement is not reasonably possible under circumstances not producing a conflict of interest, the governing board or committee shall determine by a majority vote of the disinterested directors whether the transaction or arrangement is in the organization's best interest, for its own benefit, and whether it is fair and reasonable. In conformity with the above determination, it shall make its decision as to whether to enter into the transaction or arrangement.”

“THE PROCESS TO ESTABLISH COMPENSATION OF THE FOUNDER/CEO, INCLUDES THE FOLLOWING ELEMENTS: (1) ADVANCE APPROVAL BY THE INDEPENDENT BOARD OF DIRECTORS ("BOARD") OR THE INDEPENDENT COMPENSATION COMMITTEE OF THE ORGANIZATION; (2) USE OF APPROPRIATE COMPARABILITY DATA; AND (3) CONTEMPORANEOUS DOCUMENTATION. 1. ADVANCE REVIEW - THE BOARD OR COMPENSATION COMMITTEE SHALL REVIEW AND APPROVE COMPENSATION ARRANGEMENTS IN ADVANCE, PROVIDED THAT PERSONS WITH A CONFLICT OF INTEREST WITH RESPECT TO A GIVEN COMPENSATION ARRANGEMENT DO NOT PARTICIPATE IN THE REVIEW OR APPROVAL OF SUCH COMPENSATION ARRANGEMENT. 2. COMPARABILITY DATA - TO DETERMINE REASONABLE COMPENSATION, THE BOARD OR COMPENSATION COMMITTEE SHALL OBTAIN AND RELY ON APPROPRIATE COMPARABILITY DATA, INCLUDING, BUT NOT LIMITED TO: (I) COMPENSATION LEVELS PAID BY SIMILARLY SITUATED ORGANIZATIONS, BOTH TAXABLE AND TAX-EXEMPT, FOR FUNCTIONALLY COMPARABLE POSITIONS; (II) THE AVAILABILITY OF SIMILAR SERVICES IN THE GEOGRAPHIC AREA OF THE ORGANIZATION; (III) CURRENT COMPENSATION SURVEYS COMPILED BY THE INDEPENDENT FIRMS; AND (IV) ACTUAL WRITTEN OFFERS FROM SIMILAR ORGANIZATIONS COMPETING FOR THE SERVICES OF THE PERSON. 3. CONTEMPORANEOUS DOCUMENTATION - THE BOARD OR COMPENSATION COMMITTEE SHALL CONTEMPORANEOUSLY DOCUMENT THE BASIS FOR ITS COMPENSATION DETERMINATION, INCLUDING DOCUMENTATION: (I) THE AGREED-UPON TERMS AND DATE OF APPROVAL; (II) THE MEMBERS OF THE BOARD OR COMPENSATION COMMITTEE WHO: (A) WERE PRESENT DURING DEBATE ON THE COMPENSATION ARRANGEMENT AND (B) VOTED ON THE COMPENSATION ARRANGEMENT; (III) THE COMPARABILITY DATA OBTAINED AND RELIED UPON AND HOW SUCH DATA WAS OBTAINED; AND (IV) ANY ACTIONS TAKEN WITH RESPECT TO CONSIDERATION OF THE COMPENSATION ARRANGEMENT BY ANYONE WHO IS OTHERWISE A MEMBER OF THE BOARD OR COMPENSATION COMMITTEE BUT HAD A CONFLICT OF INTEREST WITH RESPECT TO SUCH COMPENSATION ARRANGEMENT. 4. THE MOST RECENT COMPENSATION REVIEW OCCURRED IN 2024, HOWEVER THERE HAS NOT BEEN A CHANGE To BASE COMPENSATION SINCE 2021. THE PROCESS TO ESTABLISH COMPENSATION OF THE PRESIDENT CAN BE FOUND BELOW IN THE NARRATIVE FOR FORM 990, PART VI, LINE 15B, HOWEVER, ADVANCE APPROVAL IS REQUIRED BY THE FOUNDER/CEO AND THE VICE PRESIDENT OF PEOPLE. THE MOST RECENT COMPENSATION REVIEW FOR THE PRESIDENT OCCURRED IN 2024.”

“The process includes the following elements: (1) advance approval by the president and the vice president of people; (2) use of appropriate comparability data; and (3) contemporaneous documentation. 1. Advance review - the president and vice president of people shall review and approve compensation arrangements in advance, provided that persons with a conflict of interest with respect to a given compensation arrangement do not participate in the review or approval of such compensation arrangement. 2. Comparability data - to determine reasonable compensation, the vice president of people shall obtain and rely on appropriate comparability data, including, but not limited to: (i) compensation levels paid by similarly situated organizations for functionally comparable positions; (ii) the availability of similar services in the geographic area of the organization; (iii) current compensation surveys compiled by the independent firms. 3. Contemporaneous documentation - the vice president of people shall contemporaneously document the basis for its compensation determination, including documentation: (i) the agreed-upon terms and date of approval; (ii) the comparability data obtained and relied upon and how such data was obtained; and (iv) any actions taken with respect to consideration of the compensation arrangement by anyone who had a conflict of interest with respect to such compensation arrangement. 4. The most recent compensation review occurred in april 2023.”

“Charity: water's governing documents, conflict of interest policy and forms 990 may be available to the public upon request by emailing [email protected]. The organization's form 990, annual reports, independent audit reports and annual financial statements are available online at charitywater.org/about/financials.”

“Charity: water is a non-profit organization bringing clean and safe water to people around the world. Charity: water inspires giving and empowers others to fundraise for sustainable water solutions. A separate, private group of supporters funds operational costs, allowing charity: water to use 100% of public donations to fund water projects. Charity water grants raised funds strategically to local partners to complete water projects in areas of greatest need throughout the world. Before being selected, local project implementation partners must meet charity water's strict selection criteria and quality standards, and demonstrate a history of successful project outcomes. When the water projects are completed, we prove every one of them using gps coordinates, photos and information about the community served.”

“Pakistan - In fiscal year 2024, charity: water funded 5,599 water projects that will serve an estimated 68,996 people in Pakistan. charity: water funds two local partners in Pakistan. The country's vulnerability to disasters, including earthquakes, floods, droughts, and internal displacement due to conflict, makes sustainable access to water, sanitation, and hygiene often a challenge. In Pakistan, 11% of the rural population is without access to basic water services, and 37% is without access to basic sanitation services. Rwanda - In fiscal year 2024, charity: water funded 412 water projects that will serve an estimated 118,482 people in Rwanda. charity: water funds one local partner in Rwanda, a landlocked East African country known for its stunning landscapes. The country was significantly hurt by the Rwandan Civil War and the 1994 genocide, but its developing economy has since continued to strengthen. The Rwandan government is committed to the Sustainable Development Goals adopted by all UN countries and continues to create policies to support those initiatives. Despite this, 40% of the rural population lacks access to basic water services, and 22% lack access to basic sanitation services. Sierra Leone - In fiscal year 2024, charity: water funded 212 water projects that will serve an estimated 64,950 people in Sierra Leone. charity: water funds five local partners in Sierra Leone, located on the West African coast. Although much of the population relies heavily on farming and agriculture, it is also a mining hub. Currently, 46% of the rural population lacks access to basic water services, and 86% lack access to basic sanitation services. Tanzania - In fiscal year 2024, charity: water funded 135 water projects that will serve an estimated 32,208 people in Tanzania. charity: water funds three local partners in Tanzania. The country's high infant mortality rate can largely be attributed to waterborne diseases such as cholera and diarrhea, which stem from the underdevelopment of and underinvestment in high-quality and sustainable WASH infrastructure. More than 63% of the population resides in rural Tanzania, where 51% lack access to basic water services, and 79% lack access to basic sanitation services.”

“(Expenses $ 44,477,045 including grants of $ 41,200,522)(Revenue $ 0) Bangladesh - In fiscal year 2024 ("FY24"), charity: water funded 278 water projects that will serve an estimated 108,777 people in Bangladesh. charity: water funds two local partners in Bangladesh, one of the most densely populated countries in the world, which faces both water access and water quality challenges. It is prone to flooding during monsoons and droughts during dry seasons. The rural population primarily relies on groundwater, which has a high risk of contamination if it's not accessed and treated correctly. Many communities also lack access to basic sanitation and proper drainage systems, contaminating water sources. While only 2% of the rural population lacks access to at least basic water services, water quality remains a large issue, and 38% lack access to basic sanitation services. Burkina Faso - In FY24, charity: water funded 246 water projects that will serve an estimated 39,139 people in Burkina Faso. charity: water funds two local partners in Burkina Faso. Droughts, political instability, and extremist violence have plagued the country. In response to these challenges, the government has initiated several reforms, including a program launched in 2016 that aims to provide everyone with access to clean and affordable drinking water, sanitation, and hygiene by 2030. In rural areas, 65% of the population lacks access to basic water services, and 83% lack access to basic sanitation services. Cambodia - In FY24, charity: water funded 727 water projects that will serve an estimated 126,828 people in Cambodia. charity: water funds one local partner in Cambodia. Nearly 75% of Cambodia's population lives in rural areas. Many use open-surface ponds and rivers polluted by human waste and microbial contamination as their water source. Wells that do exist are often in poor condition. Once a pump breaks, it's common for communities to draw water with buckets, leading to more contamination. In rural areas, 27% of the population lacks access to basic water services, and 29% lack access to basic sanitation services. Central African Republic - In FY24, charity: water funded 60 water projects that will serve an estimated 19,730 people in the Central African Republic (CAR). charity: water funds one local partner in CAR, a landlocked country in Central Africa, with more than 65% of the population living below the poverty line. Sadly, 73% of the rural population lacks access to basic water services, while an alarming 94% lack access to basic sanitation services. Cte d'Ivoire - In FY24, charity: water funded 56 water projects that will serve an estimated 19,302 people in Cte d'Ivoire. charity: water funds one local partner in Cte d'Ivoire, a country located on the coast of Western Africa. It is the second-largest economic power in West Africa, thanks to its status as the world's largest producer and exporter of cashews and cocoa beans. Still, about 42% of the rural population is without access to basic water services, and 78% are without access to basic sanitation services. India - In FY24, charity: water funded 6,064 water projects that will serve an estimated 49,586 people in India. Although the national government is committed to improving sanitation and water access, its ambitious goals need outside partnerships to create widespread change. Today, the government is working on an initiative to bring piped water to every household in India. Our five local partners are supporting these efforts and more. While much of the population has access to basic water services, water contamination remains a significant issue in the country. 8% of the rural population lacks access to basic water services, while 25% lacks access to basic sanitation services. Kenya - In FY24, charity: water funded 151 water projects that will serve an estimated 49,436 people in Kenya. charity: water works with four local partners in Kenya. Overall, 36.1% of the population lives below the po”

“Discount on grants payable - 942730;”

“CHARITY GLOBAL, INC. previously adjusted its fiscal year end from December 31 to September 30, beginning with the short year filing for the period January 1, 2023, to September 30, 2023. The short year was filed using a tax year 2023 Form 990, in accordance with the Form 990 filing instructions for short period returns, which allow the filer to select the form year when the short period does not include December 31. As a result, this tax return, which represents the first full filing after the short period, covering October 1, 2023, to September 30, 2024, is also filed using a tax year 2023 Form 990, leading to two tax year 2023 Forms 990 for CHARITY GLOBAL, INC. Further, in accordance with the Form 990 instructions for a fiscal year taxpayer, the compensation information reported on Part VII and Schedule J is based on calendar year 2023 compensation amounts and will be reported this way going forward.”