Liabilities / Assets
99th percentile
Higher debt load relative to assets than 99% of similar nonprofits.
Karass Arts Project Inc DBA Medwater
990EZ • Fiscal year 2018 • EIN 26-0710184
Siviq Scores
Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.
31.26x
Liabilities / Revenue
92nd percentile
Higher debt load relative to revenue than 92% of similar nonprofits.
Net Margin
40th percentile
Higher net margin than 40% of similar nonprofits.
Top Officer Pay
84th percentile
Higher top officer pay than 84% of similar nonprofits.
Top officer pay equals 13.6% of source-year revenue.
Asset Growth
6th percentile
Faster asset growth than 6% of similar nonprofits.
Revenue Growth
88th percentile
Faster revenue growth than 88% of similar nonprofits.
Balance Sheet
Assets
Down$1,926
Down $3,570 (-65%) from 2017
Net Assets
Down-$58,290
Down $3,570 (-6.5%) from 2017
Liabilities
Flat$60,216
Flat from 2017
Revenue And Expenses
Revenue
Up$147,375
Up $54,922 (+59%) from 2017
Expenses
Up$147,623
Up $45,719 (+45%) from 2017
Net Income
Up-$248
Up $9,203 (+97%) from 2017
Historical Trend
Jump To
Filing Snapshot
- Filing Period
- Jan 1, 2018 to Dec 31, 2018
- Signed
- Nov 14, 2019
- Return Version
- 2018v3.1
- Gross Receipts
- $147,375
Mission and Program Overview
Mission
Our goals are simple. Improve health through community driven, gender informed water, sanitation and hygiene programming.
Program Services
| Description | Grants | Expenses |
|---|---|---|
| Fundacion Medwater acknowledged by the Ecudoarean government as an officail nonprofit for the support on leading communities through education and building realtionships in areas where leaders are continuing the plight. | $0 | $47,546 |
| Ecuador Project - Medwater provided education pertaining to the implementation of safe water in low income amazonian communities. | $0 | $36,423 |
Compensation and Service Providers
Employees
| Name | Title | Full / Part Time | Base | Other | Total |
|---|---|---|---|---|---|
| DARRELL ADAMS | Executive Director | FT | $20,000 | - | $20,000 |
Filing and Contact Details
Filer
- Filer Name
- Karass Arts Project Inc
- EIN
- 26-0710184
- Phone
- 5025417583
- Address
- 1355 BARDSTOWN ROAD No 107, LOUISVILLE, KY 40204
Signing Officer
- Name
- Darrell Adams
- Title
- Executive Director
- Phone
- 5025417583
- Signed
- 2019-11-14
- Discuss with paid preparer
- Yes
Preparer
- Firm
- Amick & Company PSC
- Address
- 410 W Chestnut St Ste 237, Louisville, KY 40202-2323
- Preparer
- Albert H Klein II
- Phone
- 5025835381
Supplemental Narrative
Additional Explanations
Form 990-EZ, Part I, Line 16 - Other Expenses
“Description: FMW Mission Operations - Ecuador. Amount: 47,546. Description: Other Mission Expenses. Amount: 19,553. Description: Travel. Amount: 16,900. Description: Payroll Taxes. Amount: 1,722. Description: Other Administrative and Office Expenses. Amount: 6,302. Total to Form 990-EZ, line 16: 92,023.”
Form 990-EZ, Part I, Line 20 - Other Changes in Net Assets
“Description: Prior Year Errors. Amount: -3,322.”
Form 990-EZ, Part II, Line 26 - Other Liabilities
“Description: Loans from Executive Director. Beg. of Year Amount: 41,381. End of Year Amount: 41,381. Description: Other Liabilities. Beg. of Year Amount: 18,835. End of Year Amount: 18,835.”
Raw XML Appendix165 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 |
|---|---|---|
| IRS990EZ/ActivitiesNotPreviouslyRptInd | 0 | 0 |
| IRS990EZ/AddressChangeInd | 0 | X |
| IRS990EZ/BooksInCareOfDetail/BusinessName/BusinessNameLine1Txt | 0 | The Organization |
| IRS990EZ/BooksInCareOfDetail/PhoneNum | 0 | 5025417583 |
| IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt | 0 | 1355 BARDSTOWN ROAD No 107 |
| IRS990EZ/BooksInCareOfDetail/USAddress/CityNm | 0 | LOUISVILLE |
| IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd | 0 | KY |
| IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd | 0 | 40204 |
| IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt | 0 | 5496 |
| IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt | 0 | 1926 |
| IRS990EZ/ChgMadeToOrgnzngDocNotRptInd | 0 | 0 |
| IRS990EZ/ContributionsGiftsGrantsEtcAmt | 0 | 147375 |
| IRS990EZ/DirectIndirectPltclExpendAmt | 0 | 0 |
| IRS990EZ/DonorAdvisedFndsInd | 0 | 0 |
| IRS990EZ/EngagedInExcessBenefitTransInd | 0 | 0 |
| IRS990EZ/ExcessOrDeficitForYearAmt | 0 | -248 |
| IRS990EZ/FiledScheduleAInd | 0 | 1 |
| IRS990EZ/ForeignFinancialAccountInd | 0 | 0 |
| IRS990EZ/ForeignOfficeInd | 0 | 0 |
| IRS990EZ/Form990TotalAssetsGrp/BOYAmt | 0 | 5496 |
| IRS990EZ/Form990TotalAssetsGrp/EOYAmt | 0 | 1926 |
| IRS990EZ/GrossReceiptsAmt | 0 | 147375 |
| IRS990EZ/InfoInScheduleOPartIIIInd | 0 | X |
| IRS990EZ/InfoInScheduleOPartIIInd | 0 | X |
| IRS990EZ/InfoInScheduleOPartIInd | 0 | X |
| IRS990EZ/InfoInScheduleOPartVInd | 0 | X |
| IRS990EZ/LoansToFromOfficersAmt | 0 | 41381 |
| IRS990EZ/LobbyingActivitiesInd | 0 | 0 |
| IRS990EZ/MadeLoansToFromOfficersInd | 0 | 1 |
| IRS990EZ/MethodOfAccountingCashInd | 0 | X |
| IRS990EZ/NetAssetsOrFundBalancesBOYAmt | 0 | -54720 |
| IRS990EZ/NetAssetsOrFundBalancesEOYAmt | 0 | -58290 |
| IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt | 0 | -54720 |
| IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt | 0 | -58290 |
| IRS990EZ/OccupancyRentUtltsAndMaintAmt | 0 | 1200 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 0 | 40.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 0 | 20000 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt | 0 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt | 0 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 0 | DARRELL ADAMS |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 0 | EXECUTIVE DIRECTOR |
| IRS990EZ/OperateHospitalInd | 0 | 0 |
| IRS990EZ/Organization501c3Ind | 0 | X |
| IRS990EZ/OrganizationDissolvedEtcInd | 0 | 0 |
| IRS990EZ/OrganizationHadUBIInd | 0 | 0 |
| IRS990EZ/OtherAssetsTotalDetail/BOYAmt | 0 | 0 |
| IRS990EZ/OtherChangesInNetAssetsAmt | 0 | -3322 |
| IRS990EZ/OtherExpensesTotalAmt | 0 | 92023 |
| IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt | 0 | NONE |
| IRS990EZ/PartVIOfCompOfHghstPdEmplTxt | 0 | NONE |
| IRS990EZ/PoliticalCampaignActyInd | 0 | 0 |
| IRS990EZ/PrimaryExemptPurposeTxt | 0 | Our goals are simple. Improve health through community driven, gender informed water, sanitation and hygiene programming. |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt | 0 | Ecuador Project - Medwater provided education pertaining to the implementation of safe water in low income amazonian communities. |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt | 1 | Fundacion Medwater acknowledged by the Ecudoarean government as an officail nonprofit for the support on leading communities through education and building realtionships in areas where leaders are continuing the plight. |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt | 0 | 0 |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt | 1 | 0 |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt | 0 | 36423 |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt | 1 | 47546 |
| IRS990EZ/ProhibitedTaxShelterTransInd | 0 | 0 |
| IRS990EZ/RelatedOrganizationCtrlEntInd | 0 | 0 |
| IRS990EZ/SalariesOtherCompEmplBnftAmt | 0 | 54400 |
| IRS990EZ/SchoolOperatingInd | 0 | 0 |
| IRS990EZ/StatesWhereCopyOfReturnIsFldCd | 0 | KY |
| IRS990EZ/SubjectToProxyTaxInd | 0 | 0 |
| IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt | 0 | 60216 |
| IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt | 0 | 60216 |
| IRS990EZ/TanningServicesProvidedInd | 0 | 0 |
| IRS990EZ/TaxImposedOnOrganizationMgrAmt | 0 | 0 |
| IRS990EZ/TaxImposedUnderIRC4911Amt | 0 | 0 |
| IRS990EZ/TaxImposedUnderIRC4912Amt | 0 | 0 |
| IRS990EZ/TaxImposedUnderIRC4955Amt | 0 | 0 |
| IRS990EZ/TaxReimbursedByOrganizationAmt | 0 | 0 |
| IRS990EZ/TotalExpensesAmt | 0 | 147623 |
| IRS990EZ/TotalProgramServiceExpensesAmt | 0 | 83969 |
| IRS990EZ/TotalRevenueAmt | 0 | 147375 |
| IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd | 0 | 0 |
| IRS990EZ/TypeOfOrganizationCorpInd | 0 | X |
| IRS990EZ/WebsiteAddressTxt | 0 | www.medwater.org |
| IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/TotalAmt | 0 | 0 |
| IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt | 0 | 147375 |
| IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt | 0 | 92453 |
| IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus2YearsAmt | 0 | 83457 |
| IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus3YearsAmt | 0 | 72145 |
| IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus4YearsAmt | 0 | 65692 |
| IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt | 0 | 461122 |
| IRS990ScheduleA/InvestmentIncomeCYPct | 0 | 0.00000 |
| IRS990ScheduleA/PubliclySupportedOrg509a2Ind | 0 | X |
| IRS990ScheduleA/PublicSupportCY509Pct | 0 | 1.00000 |
| IRS990ScheduleA/PublicSupportPY509Pct | 0 | 1.00000 |
| IRS990ScheduleA/PublicSupportTotal509Amt | 0 | 461122 |
| IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/TotalAmt | 0 | 0 |
| IRS990ScheduleA/SubstantialContributorsAmtGrp/TotalAmt | 0 | 0 |
| IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind | 0 | X |
| IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt | 0 | 147375 |
| IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt | 0 | 92453 |
| IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt | 0 | 83457 |
| IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt | 0 | 72145 |
| IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt | 0 | 65692 |
| IRS990ScheduleA/Total509Grp/TotalAmt | 0 | 461122 |
| IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt | 0 | 147375 |
| IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt | 0 | 92453 |
| IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt | 0 | 83457 |
| IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt | 0 | 72145 |
| IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt | 0 | 65692 |
| IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt | 0 | 461122 |
| IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine1 | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorNum | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine1 | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine2 | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt | 0 | RESTRICTED |
| IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BalanceDueAmt | 0 | 41381 |
| IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BoardOrCommitteeApprovalInd | 0 | 1 |
| IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/DefaultInd | 0 | 0 |
| IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/LoanPurposeTxt | 0 | To hrlp fund the Organization during difficult times. |
| IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/LoanToOrganizationInd | 0 | X |
| IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/OriginalPrincipalAmt | 0 | 41381 |
| IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/PersonNm | 0 | Darrell Adams |
| IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/WrittenAgreementInd | 0 | 1 |
| IRS990ScheduleL/TotalBalanceDueAmt | 0 | 41381 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 0 | Description: FMW Mission Operations - Ecuador. Amount: 47,546. Description: Other Mission Expenses. Amount: 19,553. Description: Travel. Amount: 16,900. Description: Payroll Taxes. Amount: 1,722. Description: Other Administrative and Office Expenses. Amount: 6,302. Total to Form 990-EZ, line 16: 92,023. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 1 | Description: Prior Year Errors. Amount: -3,322. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 2 | Description: Loans from Executive Director. Beg. of Year Amount: 41,381. End of Year Amount: 41,381. Description: Other Liabilities. Beg. of Year Amount: 18,835. End of Year Amount: 18,835. |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 0 | Form 990-EZ, Part I, Line 16 - Other Expenses |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 1 | Form 990-EZ, Part I, Line 20 - Other Changes in Net Assets |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 2 | Form 990-EZ, Part II, Line 26 - Other Liabilities |
| TransferPrsnlBnftContractsDecl/DeclarationDesc | 0 | The organization did not, during the year, receive any funds, directly,or indirectly, to pay premiums on a personal benefit contract.The organization, did not, during the year, pay any premiums, directly,or indirectly, on a personal benefit contract. |
| ReturnHeader/BuildTS | 0 | 2020-03-31 21:24:44Z |
| ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd | 0 | 1 |
| ReturnHeader/BusinessOfficerGrp/PersonNm | 0 | Darrell Adams |
| ReturnHeader/BusinessOfficerGrp/PersonTitleTxt | 0 | Executive Director |
| ReturnHeader/BusinessOfficerGrp/PhoneNum | 0 | 5025417583 |
| ReturnHeader/BusinessOfficerGrp/SignatureDt | 0 | 2019-11-14 |
| ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt | 0 | KARASS ARTS PROJECT INC |
| ReturnHeader/Filer/BusinessName/BusinessNameLine2Txt | 0 | DBA MEDWATER |
| ReturnHeader/Filer/BusinessNameControlTxt | 0 | KARA |
| ReturnHeader/Filer/EIN | 0 | 260710184 |
| ReturnHeader/Filer/PhoneNum | 0 | 5025417583 |
| ReturnHeader/Filer/USAddress/AddressLine1Txt | 0 | 1355 BARDSTOWN ROAD No 107 |
| ReturnHeader/Filer/USAddress/CityNm | 0 | LOUISVILLE |
| ReturnHeader/Filer/USAddress/StateAbbreviationCd | 0 | KY |
| ReturnHeader/Filer/USAddress/ZIPCd | 0 | 40204 |
| ReturnHeader/FilingSecurityInformation/AtSubmissionCreationDeviceId | 0 | 6A08B38E8DB254676B40758FD72AF08F8E538865 |
| ReturnHeader/FilingSecurityInformation/AtSubmissionFilingDeviceId | 0 | 6A08B38E8DB254676B40758FD72AF08F8E538865 |
| ReturnHeader/FilingSecurityInformation/FilingLicenseTypeCd | 0 | P |
| ReturnHeader/FilingSecurityInformation/IPAddress/IPv4AddressTxt | 0 | 174.47.186.214 |
| ReturnHeader/FilingSecurityInformation/IPDt | 0 | 2019-11-15 |
| ReturnHeader/FilingSecurityInformation/IPTimezoneCd | 0 | ES |
| ReturnHeader/FilingSecurityInformation/IPTm | 0 | 13:39:49 |
| ReturnHeader/PreparerFirmGrp/PreparerFirmEIN | 0 | 611222794 |
| ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt | 0 | Amick & Company PSC |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt | 0 | 410 W Chestnut St Ste 237 |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm | 0 | Louisville |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd | 0 | KY |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd | 0 | 402022323 |
| ReturnHeader/PreparerPersonGrp/PhoneNum | 0 | 5025835381 |
| ReturnHeader/PreparerPersonGrp/PreparationDt | 0 | 2019-11-15 |
| ReturnHeader/PreparerPersonGrp/PreparerPersonNm | 0 | Albert H Klein II |
| ReturnHeader/ReturnTs | 0 | 2019-11-15T12:39:56-06:00 |
| ReturnHeader/ReturnTypeCd | 0 | 990EZ |
| ReturnHeader/TaxPeriodBeginDt | 0 | 2018-01-01 |
| ReturnHeader/TaxPeriodEndDt | 0 | 2018-12-31 |
| ReturnHeader/TaxYr | 0 | 2018 |
Document Assets
No mirrored PDF or thumbnail assets are attached yet.
Filings
Displayed year
2018 • Form 990EZDetailed filing. Detailed filing data is available for this year.
- Assets
- $1,926
- Liabilities
- $60,216
- Net assets
- -$58,290
- Revenue
- $147,375
- Expenses
- $147,623
- Net income
- -$248