Civic Intelligence

Freshwater Project International Inc.

990EZ • Fiscal year 2017 • EIN 45-2809348

Jan 01, 2017 to Dec 31, 2017 • Filed on Jun 20, 2018

PO Box 158Indian Hills, CO 80454

(303) 358-7747

Siviq Scores

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

Liabilities / Assets

89th percentile

0.45x

Higher debt load relative to assets than 89% of similar nonprofits.

2017 filings • 501(c)3 • <$500k nonprofits • Source year 2017

Liabilities / Revenue

91st percentile

0.38x

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

2017 filings • 501(c)3 • <$500k nonprofits • Source year 2017

Net Margin

81st percentile

26%

Higher net margin than 81% of similar nonprofits.

2017 filings • 501(c)3 • <$500k nonprofits • Source year 2017

Top Officer Pay

76th percentile

$0

Higher top officer pay than 76% of similar nonprofits.

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

2017 filings • 501(c)3 • <$500k nonprofits • Source year 2017

Asset Growth

83rd percentile

44%

Faster asset growth than 83% of similar nonprofits.

2017 filings • 501(c)3 • <$500k nonprofits • Annualized from 2016 to 2017

Revenue Growth

54th percentile

3.6%

Faster revenue growth than 54% of similar nonprofits.

2017 filings • 501(c)3 • <$500k nonprofits • Annualized from 2016 to 2017

Assets

Up

$133,606

Up $41,034 (+44%) from 2016

Net Assets

Up

$73,511

Up $40,974 (+126%) from 2016

Liabilities

Up

$60,095

Up $60 (+0.1%) from 2016

Revenue

Up

$157,861

Up $5,484 (+3.6%) from 2016

Expenses

Down

$116,887

Down $29,091 (-20%) from 2016

Net Income

Up

$40,974

Up $34,575 (+540%) from 2016

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

2017

Assets$133,606
Liabilities$60,095
Net Assets$73,511

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

2017

Revenue$157,861
Expenses$116,887
Net Income$40,974
Jump To
Filing Snapshot
Filing Period
Jan 1, 2017 to Dec 31, 2017
Signed
Jun 20, 2018
Return Version
2017v2.3
Gross Receipts
$165,635
Mission and Program Overview

Mission

To provide water and sanitation to the people of malawi.

Program Services

DescriptionGrantsExpenses
COMPREHENSIVE WASH IN SCHOOLS PROGRAM - WATER, SANITATION AND HYGIENE (WASH) AT SCHOOLS. IN PARTNERSHIP WITH ROTARY CLUBS AND SCHOOLS AROUND THE WORLD, BRING EDUCATION TO SCHOOLS IN MALAWI. SCHOOLS RECEIVE A NEW WATER- POINT, LATRINES, HYGIENE EDUCATION AND ACCESS TO PURIFIER WATER PACKETS.-$41,854
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.-$31,560
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.-$23,377
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
HEIDI RICKELSExecutive DiPT$0--
CAMILLE RIDLEYPresidentPT$0--
AMY HARTVice PresidePT$0--
AIMEE WISEDirector-$0--
LAURA FELIXDirector-$0--
Fundraising, Events, and Gaming

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Fundraising Eve$15,215-$7,774-
Total Events$15,215-$7,774$-7,774
Filing and Contact Details

Filer

Filer Name
Freshwater Project International
EIN
45-2809348
Phone
3033587747
Address
PO BOX 158, INDIAN HILLS, CO 80454

Signing Officer

Name
Heidi Rickels
Title
Executive Director
Signed
2018-06-20
Discuss with paid preparer
Yes

Preparer

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

Additional Explanations

Form 990-ez, Part I, Line 16

Expenses marketing 261 office supplies 1,725 business registration 10 technology 951 travel 13,274 conferences 2,023 meals and entertainment 723 training and development 2,260 insurance 781 bank fees 2,100 credit card process fee 355 dues and subscriptions 254 program expenses 33,717 miscellaneous 1,832 non-investment depreciation 7,476 total 67,742

Form 990-ez, Part II, Line 24

Prepaid expenses and deferred charges 1,034 310 drill rig 89,709 89,709 less accumulated depreciation 11,733 19,208 total 79,010 70,811

Form 990-ez, Part II, Line 26

Accounts payable and accrued expenses 35 95 loans from officers 60,000 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

Comprehensive wash in schools program - water, sanitation and hygiene (wash) at schools. In partnership with rotary clubs and schools around the world, bring education to schools in malawi. Schools receive a new water- point, latrines, hygiene education and access to purifier water packets.

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 Appendix191 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/ExplanationTxt0EXPENSES MARKETING 261 OFFICE SUPPLIES 1,725 BUSINESS REGISTRATION 10 TECHNOLOGY 951 TRAVEL 13,274 CONFERENCES 2,023 MEALS AND ENTERTAINMENT 723 TRAINING AND DEVELOPMENT 2,260 INSURANCE 781 BANK FEES 2,100 CREDIT CARD PROCESS FEE 355 DUES AND SUBSCRIPTIONS 254 PROGRAM EXPENSES 33,717 MISCELLANEOUS 1,832 NON-INVESTMENT DEPRECIATION 7,476 TOTAL 67,742
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1PREPAID EXPENSES AND DEFERRED CHARGES 1,034 310 DRILL RIG 89,709 89,709 LESS ACCUMULATED DEPRECIATION 11,733 19,208 TOTAL 79,010 70,811
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2ACCOUNTS PAYABLE AND ACCRUED EXPENSES 35 95 LOANS FROM OFFICERS 60,000 60,000
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3BOREHOLE 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/ExplanationTxt4COMPREHENSIVE WASH IN SCHOOLS PROGRAM - WATER, SANITATION AND HYGIENE (WASH) AT SCHOOLS. IN PARTNERSHIP WITH ROTARY CLUBS AND SCHOOLS AROUND THE WORLD, BRING EDUCATION TO SCHOOLS IN MALAWI. SCHOOLS RECEIVE A NEW WATER- POINT, LATRINES, HYGIENE EDUCATION AND ACCESS TO PURIFIER WATER PACKETS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5NEW 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 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990-EZ, PART II, LINE 24
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990-EZ, PART II, LINE 26
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990-EZ, PART III, LINE 28
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990-EZ, PART III, LINE 29
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990-EZ, PART III, LINE 30
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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/PreparationDt02018-06-20
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0KEVIN T RICKMAN CPA
ReturnHeader/ReturnTs02018-07-02T08:01:42-06:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02017-01-01
ReturnHeader/TaxPeriodEndDt02017-12-31
ReturnHeader/TaxYr02017

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