Civic Intelligence

Freshwater Project International Inc.

990EZ • Fiscal year 2015 • EIN 45-2809348

Jan 01, 2015 to Dec 31, 2015 • Filed on Aug 15, 2016

PO Box 812Indian Hills, CO 80454

(914) 434-4994

Siviq Scores

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

Liabilities / Assets

91st percentile

0.70x

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

2015 filings • 501(c)3 • <$500k nonprofits • Source year 2015

Liabilities / Revenue

94th percentile

0.80x

Higher debt load relative to revenue than 94% of similar nonprofits.

2015 filings • 501(c)3 • <$500k nonprofits • Source year 2015

Net Margin

78th percentile

22%

Higher net margin than 78% of similar nonprofits.

2015 filings • 501(c)3 • <$500k nonprofits • Source year 2015

Top Officer Pay

75th percentile

$0

Higher top officer pay than 75% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

2015 filings • 501(c)3 • <$500k nonprofits • Source year 2015

Asset Growth

98th percentile

790%

Faster asset growth than 98% of similar nonprofits.

2015 filings • 501(c)3 • <$500k nonprofits • Annualized from 2014 to 2015

Revenue Growth

92nd percentile

89%

Faster revenue growth than 92% of similar nonprofits.

2015 filings • 501(c)3 • <$500k nonprofits • Annualized from 2014 to 2015

Assets

Up

$86,138

Up $76,459 (+790%) from 2014

Net Assets

$26,138

No earlier filing loaded for comparison.

Liabilities

Up

$60,000

Up $60,000 from 2014

Revenue

Up

$75,336

Up $35,407 (+89%) from 2014

Expenses

Up

$58,877

Up $28,565 (+94%) from 2014

Net Income

Up

$16,459

Up $6,842 (+71%) from 2014

Historical Trend

Balance Sheet Trend

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

$150K$100K$50K$0-$50KAssets 2011: $100Liabilities 2011: $02011Assets 2012: $1,908Liabilities 2012: $02012Assets 2013: $62Liabilities 2013: $02013Assets 2014: $9,679Liabilities 2014: $02014Assets 2015: $86,138Liabilities 2015: $60,000Net Assets 2015: $26,1382015Assets 2016: $92,572Liabilities 2016: $60,035Net Assets 2016: $32,5372016Assets 2017: $133,606Liabilities 2017: $60,095Net Assets 2017: $73,5112017Assets 2018: $84,622Liabilities 2018: $65,166Net Assets 2018: $19,4562018Assets 2019: $63,640Liabilities 2019: $66,048Net Assets 2019: -$2,4082019Assets 2020: $76,819Liabilities 2020: $63,572Net Assets 2020: $13,2472020Assets 2021: $101,575Liabilities 2021: $61,422Net Assets 2021: $40,1532021Assets 2022: $47,504Liabilities 2022: $0Net Assets 2022: $47,5042022Assets 2023: $105,354Liabilities 2023: $0Net Assets 2023: $105,3542023Assets 2024: $31,319Liabilities 2024: $0Net Assets 2024: $31,3192024

Highlighted filing

2015

Assets$86,138
Liabilities$60,000
Net Assets$26,138

Operations Trend

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

$600K$400K$200K$0-$200KRevenue 2011: $100Expenses 2011: $0Net Income 2011: $1002011Revenue 2012: $30,892Expenses 2012: $29,084Net Income 2012: $1,8082012Revenue 2013: $26,603Expenses 2013: $28,449Net Income 2013: -$1,8462013Revenue 2014: $39,929Expenses 2014: $30,312Net Income 2014: $9,6172014Revenue 2015: $75,336Expenses 2015: $58,877Net Income 2015: $16,4592015Revenue 2016: $152,377Expenses 2016: $145,978Net Income 2016: $6,3992016Revenue 2017: $157,861Expenses 2017: $116,887Net Income 2017: $40,9742017Revenue 2018: $111,717Expenses 2018: $165,772Net Income 2018: -$54,0552018Revenue 2019: $104,228Expenses 2019: $131,020Net Income 2019: -$26,7922019Revenue 2020: $155,087Expenses 2020: $139,432Net Income 2020: $15,6552020Revenue 2021: $289,121Expenses 2021: $262,215Net Income 2021: $26,9062021Revenue 2022: $310,960Expenses 2022: $296,668Net Income 2022: $14,2922022Revenue 2023: $443,179Expenses 2023: $382,329Net Income 2023: $60,8502023Revenue 2024: $517,874Expenses 2024: $589,805Net Income 2024: -$71,9312024

Highlighted filing

2015

Revenue$75,336
Expenses$58,877
Net Income$16,459
Jump To
Filing Snapshot
Filing Period
Jan 1, 2015 to Dec 31, 2015
Signed
Aug 15, 2016
Return Version
2015v2.1
Gross Receipts
$75,336
Mission and Program Overview

Mission

To provide water and sanitation to the people of malawi.

Program Services

DescriptionGrantsExpenses
NEW BOREHOLE DRILLING IN SUMMER OF 2015, FRESHWATER PROJECT INTERNATIONAL WAS ABLE TO PURCHASE A DRILL RIG IN MALAWI TO DRILL DEEP BOREHOLE WELLS. THE PURCHASE ALLOWS US TO EXECUTE BOREHOLE PROJECTS FOR AROUND 60% LESS THAN ITS PREVIOUS COST. DRILLING PROVIDES AN EXPONENTIAL INCREASE IN ACCESS TO SAFE, CLEAN DRINKING WATER, REDUCED INCIDENCES OF WATER-RELATED INFECTIONS, INCREASED TIME FOR GIRLS TO ATTEND CLASSES IN SCHOOL, SIGNIFICANT REDUCTION OF COSTS OF WELL PROJECTS, ASSURANCE THAT WELLS ARE DRILLED EFFICIENTLY AND EFFECTIVELY SO THAT TRUST IS BUILT WITH COMMUNITIES AND INCREASED SUSTAINABLE LOCAL FUNDRAISING FOR OFFICE OPERATIONS AND OTHER PROJECTS THROUGH RENTAL INCOME GENERATED THROUGH OTHER NGO'S AND SPONSORS.-$26,000
FLOOD RELIEF IN JANUARY 2015, HEAVY RAINSTORMS IN MALAWI LED TO SEVERE FLOODING IN LOW- LYING AREAS THROUGHOUT THE COUNTRY. HUNDREDS OF THOUSANDS OF PEOPLE WERE FORCED TO LEAVE THEIR HOMES AND COMMUNITIES. IT IS ESTIMATED THAT ABOUT 1.15 MILLION PEOPLE COUNTRY-WIDE WERE AFFECTED. MANY AREAS REMAINED ISOLATED AS RAINS HAMPERED SEARCH AND RESCUE EFFORTS, AS WELL AS RESPONDER'S ABILITY TO PROVIDE ESSENTIAL SERVICES SUCH AS FOOD AND CLEAN WATER. THE MASSIVE FLOODING IN MALAWI SUBSIDED. HOWEVER, MANY PEOPLE RETURNED TO HOMES AND VILLAGES DESTROYED, FLOODED CROPS, FEAR OF HUNGER AND SPREAD OF CHOLERA AS THEY SOUGHT TO RECOVER FROM FLOOD-RAVAGED AREAS. FRESHWATER PROJECT INTERNATIONAL WAS ABLE TO MAKE DIRECT, EMERGENCY INTERVENTIONS IN PHALOMBE AND TENGANI DISTRICTS TO HELP WITH IMMEDIATE HUMANITARIAN NEEDS FOR CLEAN, SAFE WATER, HAND SOAP, AND FOOD RATIONS.-$11,800
BOREHOLE REPAIRS THERE ARE MANY BOREHOLE WELLS THROUGHOUT THE COUNTRY OF MALAWI THAT ARE IN DISREPAIR. IN THE PAST, OTHER NGO'S HAVE DRILLED NEW WELLS WITHOUT A COMMUNITY EMPOWERMENT APPROACH AND WITH NO TRAINING FOR THE COMMUNITIES ON THE MAINTENANCE, REPAIR OR PART SOURCING CHANNELS. FRESHWATER PROJECT INTERNATIONAL REHABILITATES THESE WELLS SO THAT THEY, ONCE AGAIN, PRODUCE CLEAN WATER.-$10,940
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
HEIDI RICKELSExecutive DiPT$0--
AMY HARTVice PresidePT$0--
JOHN HEINDirector-$0--
LYN CHAMBERSDirector-$0--
AIMEE WISEDirector-$0--
NATALIE KRUSEDirector-$0--
LAURA FELIXDirector-$0--
JIM LASKEDirector-$0--
ROBERT MCCLAYDirector-$0--
Filing and Contact Details

Filer

Filer Name
Freshwater Project International
EIN
45-2809348
Phone
9144344994
Address
PO BOX 812, INDIAN HILLS, CO 80454

Signing Officer

Name
Heidi Rickels
Title
Executive Director
Phone
9144344994
Signed
2016-08-15

Preparer

Firm
Altruic Advisors Pllc
Address
2723 S STATE ST STE 150, ANN ARBOR, MI 48104-6188
Preparer
Ryan N Hagan CPA
Phone
7344763720
Supplemental Narrative

Additional Explanations

Form 990-ez, Part I, Line 8

Water bottle sales 283 total 283

Form 990-ez, Part I, Line 16

Expenses marketing 597 graphics 109 office supplies 183 technology 99 travel 31 conferences 500 meals and entertainment 69 events 84 bank fees 1,519 credit card process fee 159 dues and subscriptions 296 shipping 203 program expenses 48,740 non-investment depreciation 4,288 total 56,877

Form 990-ez, Part II, Line 24

Drill rig 0 88,209 less accumulated depreciation 0 4,288 total 0 83,921

Form 990-ez, Part II, Line 26

Loans from officers 0 60,000

Form 990-ez, Part III, Line 28

Borehole repairs there are many borehole wells throughout the country of malawi that are in disrepair. In the past, other ngo's have drilled new wells without a community empowerment approach and with no training for the communities on the maintenance, repair or part sourcing channels. Freshwater project international rehabilitates these wells so that they, once again, produce clean water.

Form 990-ez, Part III, Line 29

Flood relief in january 2015, heavy rainstorms in malawi led to severe flooding in low- lying areas throughout the country. Hundreds of thousands of people were forced to leave their homes and communities. It is estimated that about 1.15 million people country-wide were affected. Many areas remained isolated as rains hampered search and rescue efforts, as well as responder's ability to provide essential services such as food and clean water. The massive flooding in malawi subsided. However, many people returned to homes and villages destroyed, flooded crops, fear of hunger and spread of cholera as they sought to recover from flood-ravaged areas. Freshwater project international was able to make direct, emergency interventions in phalombe and tengani districts to help with immediate humanitarian needs for clean, safe water, hand soap, and food rations.

Form 990-ez, Part III, Line 30

New borehole drilling in summer of 2015, freshwater project international was able to purchase a drill rig in malawi to drill deep borehole wells. The purchase allows us to execute borehole projects for around 60% less than its previous cost. Drilling provides an exponential increase in access to safe, clean drinking water, reduced incidences of water-related infections, increased time for girls to attend classes in school, significant reduction of costs of well projects, assurance that wells are drilled efficiently and effectively so that trust is built with communities and increased sustainable local fundraising for office operations and other projects through rental income generated through other ngo's and sponsors.

Raw XML Appendix188 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.

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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0WATER BOTTLE SALES 283 TOTAL 283
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1EXPENSES MARKETING 597 GRAPHICS 109 OFFICE SUPPLIES 183 TECHNOLOGY 99 TRAVEL 31 CONFERENCES 500 MEALS AND ENTERTAINMENT 69 EVENTS 84 BANK FEES 1,519 CREDIT CARD PROCESS FEE 159 DUES AND SUBSCRIPTIONS 296 SHIPPING 203 PROGRAM EXPENSES 48,740 NON-INVESTMENT DEPRECIATION 4,288 TOTAL 56,877
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2DRILL RIG 0 88,209 LESS ACCUMULATED DEPRECIATION 0 4,288 TOTAL 0 83,921
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3LOANS FROM OFFICERS 0 60,000
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4BOREHOLE REPAIRS THERE ARE MANY BOREHOLE WELLS THROUGHOUT THE COUNTRY OF MALAWI THAT ARE IN DISREPAIR. IN THE PAST, OTHER NGO'S HAVE DRILLED NEW WELLS WITHOUT A COMMUNITY EMPOWERMENT APPROACH AND WITH NO TRAINING FOR THE COMMUNITIES ON THE MAINTENANCE, REPAIR OR PART SOURCING CHANNELS. FRESHWATER PROJECT INTERNATIONAL REHABILITATES THESE WELLS SO THAT THEY, ONCE AGAIN, PRODUCE CLEAN WATER.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5FLOOD RELIEF IN JANUARY 2015, HEAVY RAINSTORMS IN MALAWI LED TO SEVERE FLOODING IN LOW- LYING AREAS THROUGHOUT THE COUNTRY. HUNDREDS OF THOUSANDS OF PEOPLE WERE FORCED TO LEAVE THEIR HOMES AND COMMUNITIES. IT IS ESTIMATED THAT ABOUT 1.15 MILLION PEOPLE COUNTRY-WIDE WERE AFFECTED. MANY AREAS REMAINED ISOLATED AS RAINS HAMPERED SEARCH AND RESCUE EFFORTS, AS WELL AS RESPONDER'S ABILITY TO PROVIDE ESSENTIAL SERVICES SUCH AS FOOD AND CLEAN WATER. THE MASSIVE FLOODING IN MALAWI SUBSIDED. HOWEVER, MANY PEOPLE RETURNED TO HOMES AND VILLAGES DESTROYED, FLOODED CROPS, FEAR OF HUNGER AND SPREAD OF CHOLERA AS THEY SOUGHT TO RECOVER FROM FLOOD-RAVAGED AREAS. FRESHWATER PROJECT INTERNATIONAL WAS ABLE TO MAKE DIRECT, EMERGENCY INTERVENTIONS IN PHALOMBE AND TENGANI DISTRICTS TO HELP WITH IMMEDIATE HUMANITARIAN NEEDS FOR CLEAN, SAFE WATER, HAND SOAP, AND FOOD RATIONS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6NEW BOREHOLE DRILLING IN SUMMER OF 2015, FRESHWATER PROJECT INTERNATIONAL WAS ABLE TO PURCHASE A DRILL RIG IN MALAWI TO DRILL DEEP BOREHOLE WELLS. THE PURCHASE ALLOWS US TO EXECUTE BOREHOLE PROJECTS FOR AROUND 60% LESS THAN ITS PREVIOUS COST. DRILLING PROVIDES AN EXPONENTIAL INCREASE IN ACCESS TO SAFE, CLEAN DRINKING WATER, REDUCED INCIDENCES OF WATER-RELATED INFECTIONS, INCREASED TIME FOR GIRLS TO ATTEND CLASSES IN SCHOOL, SIGNIFICANT REDUCTION OF COSTS OF WELL PROJECTS, ASSURANCE THAT WELLS ARE DRILLED EFFICIENTLY AND EFFECTIVELY SO THAT TRUST IS BUILT WITH COMMUNITIES AND INCREASED SUSTAINABLE LOCAL FUNDRAISING FOR OFFICE OPERATIONS AND OTHER PROJECTS THROUGH RENTAL INCOME GENERATED THROUGH OTHER NGO'S AND SPONSORS.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990-EZ, PART I, LINE 8
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990-EZ, PART I, LINE 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990-EZ, PART II, LINE 24
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990-EZ, PART II, LINE 26
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990-EZ, PART III, LINE 28
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990-EZ, PART III, LINE 29
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6FORM 990-EZ, PART III, LINE 30
ReturnHeader/BuildTS02016-12-15 16:53:06Z
ReturnHeader/BusinessOfficerGrp/PersonNm0HEIDI RICKELS
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0EXECUTIVE DIRECTOR
ReturnHeader/BusinessOfficerGrp/PhoneNum09144344994
ReturnHeader/BusinessOfficerGrp/SignatureDt02016-08-15
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ReturnHeader/Filer/BusinessName/BusinessNameLine2Txt0INC
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ReturnHeader/Filer/PhoneNum09144344994
ReturnHeader/Filer/USAddress/AddressLine1Txt0PO BOX 812
ReturnHeader/Filer/USAddress/CityNm0INDIAN HILLS
ReturnHeader/Filer/USAddress/StateAbbreviationCd0CO
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ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0461335331
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0ALTRUIC ADVISORS PLLC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt02723 S STATE ST STE 150
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0ANN ARBOR
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0MI
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd0481046188
ReturnHeader/PreparerPersonGrp/PhoneNum07344763720
ReturnHeader/PreparerPersonGrp/PreparationDt02016-08-17
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0RYAN N HAGAN CPA
ReturnHeader/ReturnTs02016-08-22T15:30:00-05:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02015-01-01
ReturnHeader/TaxPeriodEndDt02015-12-31
ReturnHeader/TaxYr02015

Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$0.31$0.00$0.31$5.18$5.90$0.72
2023Detailed filing. Detailed filing data is available for this year.$1.05$0.00$1.05$4.43$3.82$0.61
2022Detailed filing. Detailed filing data is available for this year.$0.48$0.00$0.48$3.11$2.97$0.14
2021Detailed filing. Detailed filing data is available for this year.$1.02$0.61$0.40$2.89$2.62$0.27
2020Detailed filing. Detailed filing data is available for this year.$0.77$0.64$0.13$1.55$1.39$0.16
2019Detailed filing. Detailed filing data is available for this year.$0.64$0.66$0.02$1.04$1.31$0.27
2018Detailed filing. Detailed filing data is available for this year.$0.85$0.65$0.19$1.12$1.66$0.54
2017Detailed filing. Detailed filing data is available for this year.$1.34$0.60$0.74$1.58$1.17$0.41
2016Detailed filing. Detailed filing data is available for this year.$0.93$0.60$0.33$1.52$1.46$0.06
2015Detailed filing. Detailed filing data is available for this year.$0.86$0.60$0.26$0.75$0.59$0.16
2014Summary only. Only limited summary data is available for this year.$0.10$0.00$0.40$0.30$0.10
2013Summary only. Only limited summary data is available for this year.$0.00$0.00$0.27$0.28$0.02
2012Summary only. Only limited summary data is available for this year.$0.02$0.00$0.31$0.29$0.02
2011Summary only. Only limited summary data is available for this year.$0.00$0.00$0.00$0.00$0.00