Civic Intelligence

Karass Arts Project Inc DBA Medwater

990EZ • Fiscal year 2019 • EIN 26-0710184

Jan 01, 2019 to Dec 31, 2019 • Filed on Jun 10, 2020

Organization Profilewww.medwater.org

View Organization Page

1355 BARDSTOWN ROAD No 107Louisville, KY 40204

(502) 541-7583

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

99th percentile

29.71x

Higher debt load relative to assets than 99% of similar nonprofits.

2019 filings • 501(c)3 • <$500k nonprofits • Source year 2019

Liabilities / Revenue

91st percentile

0.38x

Higher debt load relative to revenue than 91% of similar nonprofits.

2019 filings • 501(c)3 • <$500k nonprofits • Source year 2019

Net Margin

32nd percentile

-4.1%

Higher net margin than 32% of similar nonprofits.

2019 filings • 501(c)3 • <$500k nonprofits • Source year 2019

Top Officer Pay

82nd percentile

$16,035

Higher top officer pay than 82% of similar nonprofits.

Top officer pay equals 12.6% of source-year revenue.

2019 filings • 501(c)3 • <$500k nonprofits • Source year 2019

Asset Growth

24th percentile

-16%

Faster asset growth than 24% of similar nonprofits.

2019 filings • 501(c)3 • <$500k nonprofits • Annualized from 2018 to 2019

Revenue Growth

30th percentile

-14%

Faster revenue growth than 30% of similar nonprofits.

2019 filings • 501(c)3 • <$500k nonprofits • Annualized from 2018 to 2019

Balance Sheet
Liabilities / Assets99th percentile

Assets

Down

$1,625

Down $301 (-16%) from 2018

Net Assets

Up

-$46,658

Up $11,632 (+20%) from 2018

Liabilities

Down

$48,283

Down $11,933 (-20%) from 2018

Revenue And Expenses
Liabilities / Revenue91st percentileNet Margin32nd percentile

Revenue

Down

$126,984

Down $20,391 (-14%) from 2018

Expenses

Down

$132,193

Down $15,430 (-10%) from 2018

Net Income

Down

-$5,209

Down $4,961 (-2000%) from 2018

Historical Trend

Balance Sheet Trend

Asset Growth24th percentile

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$100K$50K$0-$50K-$100KAssets 2017: $5,496Liabilities 2017: $60,216Net Assets 2017: -$54,7202017Assets 2018: $1,926Liabilities 2018: $60,216Net Assets 2018: -$58,2902018Assets 2019: $1,625Liabilities 2019: $48,283Net Assets 2019: -$46,6582019Assets 2020: $723Liabilities 2020: $50,908Net Assets 2020: -$50,1852020Assets 2021: $13,074Liabilities 2021: $41,396Net Assets 2021: -$28,3222021Assets 2022: $1,498Liabilities 2022: $42,209Net Assets 2022: -$40,7112022Assets 2023: $782Liabilities 2023: $41,700Net Assets 2023: -$40,9182023Assets 2024: $3,744Liabilities 2024: $30,561Net Assets 2024: -$26,8172024

Highlighted filing

2019

Assets$1,625
Liabilities$48,283
Net Assets-$46,658
Open 2019 Filing

Operations Trend

Revenue Growth30th percentile

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$150K$100K$50K$0-$50KRevenue 2017: $92,453Expenses 2017: $101,904Net Income 2017: -$9,4512017Revenue 2018: $147,375Expenses 2018: $147,623Net Income 2018: -$2482018Revenue 2019: $126,984Expenses 2019: $132,193Net Income 2019: -$5,2092019Revenue 2020: $97,691Expenses 2020: $101,218Net Income 2020: -$3,5272020Revenue 2021: $93,677Expenses 2021: $71,814Net Income 2021: $21,8632021Revenue 2022: $102,486Expenses 2022: $114,875Net Income 2022: -$12,3892022Revenue 2023: $51,815Expenses 2023: $52,022Net Income 2023: -$2072023Revenue 2024: $142,043Expenses 2024: $127,942Net Income 2024: $14,1012024

Highlighted filing

2019

Revenue$126,984
Expenses$132,193
Net Income-$5,209
Open 2019 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2019 to Dec 31, 2019
Signed
Jun 10, 2020
Return Version
2019v5.1
Gross Receipts
$126,984
Mission and Program Overview

Mission

Our goals are simple. Improve health through community driven, gender informed water, sanitation and hygiene programming.

Program Services

DescriptionGrantsExpenses
Ecuador Project - Medwater provided education pertaining to the implementation of safe water in low income amazonian communities.$0$0
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$0
Compensation and Service Providers
Top Officer Pay82nd percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
DARRELL ADAMSExecutive DirectorFT$16,035-$16,035
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
2020-06-10
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: 50,772. Description: Mission Expenses. Amount: 23,075. Description: Other Support Expenses. Amount: 8,750. Description: Other Administrative and Office Expenses. Amount: 5,778. Total to Form 990-EZ, line 16: 88,375.”

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: 1,993. End of Year Amount: 6,902.”

Raw XML Appendix160 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/ActivitiesNotPreviouslyRptInd00
IRS990EZ/BooksInCareOfDetail/BusinessName/BusinessNameLine1Txt0The Organization
IRS990EZ/BooksInCareOfDetail/PhoneNum05025417583
IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt01355 BARDSTOWN ROAD No 107
IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0LOUISVILLE
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0KY
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd040204
IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt01925
IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt01625
IRS990EZ/ChgMadeToOrgnzngDocNotRptInd00
IRS990EZ/ContributionsGiftsGrantsEtcAmt0126984
IRS990EZ/DirectIndirectPltclExpendAmt00
IRS990EZ/DonorAdvisedFndsInd00
IRS990EZ/EngagedInExcessBenefitTransInd00
IRS990EZ/ExcessOrDeficitForYearAmt0-5209
IRS990EZ/FiledScheduleAInd01
IRS990EZ/ForeignFinancialAccountInd00
IRS990EZ/ForeignOfficeInd00
IRS990EZ/Form990TotalAssetsGrp/BOYAmt01925
IRS990EZ/Form990TotalAssetsGrp/EOYAmt01625
IRS990EZ/GrossReceiptsAmt0126984
IRS990EZ/InfoInScheduleOPartIIIInd0X
IRS990EZ/InfoInScheduleOPartIIInd0X
IRS990EZ/InfoInScheduleOPartIInd0X
IRS990EZ/InfoInScheduleOPartVInd0X
IRS990EZ/LoansToFromOfficersAmt041381
IRS990EZ/LobbyingActivitiesInd00
IRS990EZ/MadeLoansToFromOfficersInd01
IRS990EZ/MethodOfAccountingCashInd0X
IRS990EZ/NetAssetsOrFundBalancesBOYAmt0-41449
IRS990EZ/NetAssetsOrFundBalancesEOYAmt0-46658
IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt0-41449
IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt0-46658
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt040.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt016035
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0DARRELL ADAMS
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0EXECUTIVE DIRECTOR
IRS990EZ/OperateHospitalInd00
IRS990EZ/Organization501c3Ind0X
IRS990EZ/OrganizationDissolvedEtcInd00
IRS990EZ/OrganizationHadUBIInd00
IRS990EZ/OtherChangesInNetAssetsAmt00
IRS990EZ/OtherExpensesTotalAmt088375
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt0NONE
IRS990EZ/PartVIOfCompOfHghstPdEmplTxt0NONE
IRS990EZ/PoliticalCampaignActyInd00
IRS990EZ/PrimaryExemptPurposeTxt0Our goals are simple. Improve health through community driven, gender informed water, sanitation and hygiene programming.
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0Ecuador Project - Medwater provided education pertaining to the implementation of safe water in low income amazonian communities.
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt1Fundacion 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/GrantsAndAllocationsAmt00
IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt10
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt00
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt10
IRS990EZ/ProhibitedTaxShelterTransInd00
IRS990EZ/RelatedOrganizationCtrlEntInd00
IRS990EZ/SalariesOtherCompEmplBnftAmt043818
IRS990EZ/SchoolOperatingInd00
IRS990EZ/StatesWhereCopyOfReturnIsFldCd0KY
IRS990EZ/SubjectToProxyTaxInd00
IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt043374
IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt048283
IRS990EZ/TanningServicesProvidedInd00
IRS990EZ/TaxImposedOnOrganizationMgrAmt00
IRS990EZ/TaxImposedUnderIRC4911Amt00
IRS990EZ/TaxImposedUnderIRC4912Amt00
IRS990EZ/TaxImposedUnderIRC4955Amt00
IRS990EZ/TaxReimbursedByOrganizationAmt00
IRS990EZ/TotalExpensesAmt0132193
IRS990EZ/TotalProgramServiceExpensesAmt00
IRS990EZ/TotalRevenueAmt0126984
IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd00
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990EZ/WebsiteAddressTxt0www.medwater.org
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/TotalAmt00
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt0126984
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt0147375
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus2YearsAmt092453
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus3YearsAmt083457
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus4YearsAmt072145
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt0522414
IRS990ScheduleA/InvestmentIncomeCYPct00.00000
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY509Pct01.00000
IRS990ScheduleA/PublicSupportPY509Pct01.00000
IRS990ScheduleA/PublicSupportTotal509Amt0522414
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/TotalAmt00
IRS990ScheduleA/SubstantialContributorsAmtGrp/TotalAmt00
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt0126984
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt0147375
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt092453
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt083457
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt072145
IRS990ScheduleA/Total509Grp/TotalAmt0522414
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt0126984
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt0147375
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt092453
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt083457
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt072145
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt0522414
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BalanceDueAmt041381
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BoardOrCommitteeApprovalInd01
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/DefaultInd00
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/LoanPurposeTxt0To help fund the Organization during difficult times.
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/LoanToOrganizationInd0X
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/OriginalPrincipalAmt041381
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/PersonNm0Darrell Adams
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/WrittenAgreementInd01
IRS990ScheduleL/TotalBalanceDueAmt041381
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0Description: FMW Mission Operations - Ecuador. Amount: 50,772. Description: Mission Expenses. Amount: 23,075. Description: Other Support Expenses. Amount: 8,750. Description: Other Administrative and Office Expenses. Amount: 5,778. Total to Form 990-EZ, line 16: 88,375.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1Description: Loans from Executive Director. Beg. of Year Amount: 41,381. End of Year Amount: 41,381. Description: Other Liabilities. Beg. of Year Amount: 1,993. End of Year Amount: 6,902.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990-EZ, Part I, Line 16 - Other Expenses
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990-EZ, Part II, Line 26 - Other Liabilities
TransferPrsnlBnftContractsDecl/DeclarationDesc0The 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/BuildTS02020-11-19 02:30:22Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0Darrell Adams
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0Executive Director
ReturnHeader/BusinessOfficerGrp/PhoneNum05025417583
ReturnHeader/BusinessOfficerGrp/SignatureDt02020-06-10
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0KARASS ARTS PROJECT INC
ReturnHeader/Filer/BusinessName/BusinessNameLine2Txt0DBA MEDWATER
ReturnHeader/Filer/BusinessNameControlTxt0KARA
ReturnHeader/Filer/EIN0260710184
ReturnHeader/Filer/PhoneNum05025417583
ReturnHeader/Filer/USAddress/AddressLine1Txt01355 BARDSTOWN ROAD No 107
ReturnHeader/Filer/USAddress/CityNm0LOUISVILLE
ReturnHeader/Filer/USAddress/StateAbbreviationCd0KY
ReturnHeader/Filer/USAddress/ZIPCd040204
ReturnHeader/FilingSecurityInformation/AtSubmissionCreationDeviceId06A08B38E8DB254676B40758FD72AF08F8E538865
ReturnHeader/FilingSecurityInformation/AtSubmissionFilingDeviceId06A08B38E8DB254676B40758FD72AF08F8E538865
ReturnHeader/FilingSecurityInformation/FilingLicenseTypeCd0P
ReturnHeader/FilingSecurityInformation/IPAddress/IPv4AddressTxt0174.47.186.214
ReturnHeader/FilingSecurityInformation/IPDt02020-06-10
ReturnHeader/FilingSecurityInformation/IPTimezoneCd0ED
ReturnHeader/FilingSecurityInformation/IPTm009:36:59
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0611222794
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0Amick & Company PSC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0410 W Chestnut St Ste 237
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0Louisville
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0KY
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd0402022323
ReturnHeader/PreparerPersonGrp/PhoneNum05025835381
ReturnHeader/PreparerPersonGrp/PreparationDt02020-06-01
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0Albert H Klein II
ReturnHeader/ReturnTs02020-06-10T08:39:16-05:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02019-01-01
ReturnHeader/TaxPeriodEndDt02019-12-31
ReturnHeader/TaxYr02019

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2019 • Form 990EZDetailed filing. Detailed filing data is available for this year.

Open filing
Assets
$1,625
Liabilities
$48,283
Net assets
-$46,658
Revenue
$126,984
Expenses
$132,193
Net income
-$5,209
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$0.04$0.31$0.27$1.42$1.28$0.14
2023Detailed filing. Detailed filing data is available for this year.$0.01$0.42$0.41$0.52$0.52$0.00
2022Detailed filing. Detailed filing data is available for this year.$0.01$0.42$0.41$1.02$1.15$0.12
2021Detailed filing. Detailed filing data is available for this year.$0.13$0.41$0.28$0.94$0.72$0.22
2020Detailed filing. Detailed filing data is available for this year.$0.01$0.51$0.50$0.98$1.01$0.04
2019Detailed filing. Detailed filing data is available for this year.$0.02$0.48$0.47$1.27$1.32$0.05
2018Detailed filing. Detailed filing data is available for this year.$0.02$0.60$0.58$1.47$1.48$0.00
2017Detailed filing. Detailed filing data is available for this year.$0.05$0.60$0.55$0.92$1.02$0.09