Civic Intelligence

Freshwater Project International Inc.

990EZ • Fiscal year 2019 • EIN 45-2809348

Jan 01, 2019 to Dec 31, 2019 • Filed on Sep 03, 2020

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

95th percentile

1.04x

Higher debt load relative to assets than 95% of similar nonprofits.

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

Liabilities / Revenue

94th percentile

0.63x

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

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

Net Margin

14th percentile

-26%

Higher net margin than 14% of similar nonprofits.

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

Top Officer Pay

79th percentile

$5,500

Higher top officer pay than 79% of similar nonprofits.

Top officer pay equals 5.3% of source-year revenue.

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

Asset Growth

18th percentile

-25%

Faster asset growth than 18% of similar nonprofits.

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

Revenue Growth

38th percentile

-6.7%

Faster revenue growth than 38% of similar nonprofits.

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

Assets

Down

$63,640

Down $20,982 (-25%) from 2018

Net Assets

Down

-$2,408

Down $21,864 (-112%) from 2018

Liabilities

Up

$66,048

Up $882 (+1.4%) from 2018

Revenue

Down

$104,228

Down $7,489 (-6.7%) from 2018

Expenses

Down

$131,020

Down $34,752 (-21%) from 2018

Net Income

Up

-$26,792

Up $27,263 (+50%) from 2018

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

2019

Assets$63,640
Liabilities$66,048
Net Assets-$2,408

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

2019

Revenue$104,228
Expenses$131,020
Net Income-$26,792
Jump To
Filing Snapshot
Filing Period
Jan 1, 2019 to Dec 31, 2019
Signed
Sep 3, 2020
Return Version
2019v5.0
Gross Receipts
$111,279
Mission and Program Overview

Mission

To provide water and sanitation to the people of malawi.

Program Services

DescriptionGrantsExpenses
HEALTH CENTERS: WHEN A HEALTH CENTER LACKS ACCESS TO CLEAN WATER, IT IS NEARLY IMPOSSIBLE FOR MEDICAL PROFESSIONALS TO PROVIDE HYGIENIC, SAFE CARE TO THEIR PATIENTS, MUCH TIME IS WASTED, AND SERVICES ARE OFTEN DELAYED. IN PARTNERSHIP WITH ENGINEER'S WITHOUT BOARDERS-USA'S ENGINEERING SERVICE CORPS, FPI WAS ABLE TO UPGRADE 7 HEALTH CENTER WATER SYSTEMS IN MALAWI-$43,148
VILLAGES: MOST OF FPI'S PROJECTS ARE CONCENTRATED IN THE RURAL AREAS OF MALAWI, IN COMMUNITIES WHERE ACCESS TO CLEAN WATER, SAFE SANITATION, AND HYGIENE INFORMATION IS A MAJOR CHALLENGE. THROUGH DEEP BOREHOLE DRILLING, SAFE AND ACCESSIBLE CLEAN WATER SOURCES ARE NOT AT MWANAFUMU, MANDALA, MAGALETA, M'BANGA, MUHIYO, AND NTELERO VILLAGES IN MALAWI-$33,113
FLOOD RELIEF: TORRENTIAL FLOODING IN SOUTHERN AFRICA IMPACTED NEARLY 3 MILLION PEOPLE THROUGHOUT MOZAMBIQUE, MALAWI AND ZIMBABWE AFTER TROPICAL CYCLONE IDAI STRUCK ON MARCH 14TH AND 15TH. SOON AFTER THE STORM, FPI DELIVERED MORE THAN 60,000 P&G PURIFIER WATER PACKETS TO THE DISTRICT HEALTH OFFICE IN NSANJE, WHICH WERE THEN DISTRIBUTED TO THE INTERNATIONALLY DISPLACED PEOPLE.-$24,083
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
HEIDI RICKELSExecutive DiPT$5,500-$5,500
AMY HARTCo-Founder E-$0--
PHILIP WOLSTENHOLMEDirectorPT$0--
MARY BRIDGET WETZELLDirector-$0--
KATE ASHLEYDirector-$0--
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
2020-09-03
Discuss with paid preparer
Yes

Preparer

Firm
Altruic Advisors Cpas
Address
4088 WASHTENAW AVE, ANN ARBOR, MI 48108
Preparer
Erik D Ladewig CPA
Phone
7344763720
Supplemental Narrative

Additional Explanations

Form 990-ez, Part I, Line 16

Expenses office supplies 1,934 business registration 110 technology 5,751 travel 11,332 conferences & meetings exp 1,906 interest 60 insurance 1,241 bank fees 2,241 repairs and maintenance 2,545 meals & entertainment 412 equipment 101 other project expense 7,657 paypal fees 283 drill ops 25,308 project materials 10,112 food and beverage (onsite 292 non-investment depreciation 7,476 total 78,761

Form 990-ez, Part I, Line 20

Changes made to prior year 4,928

Form 990-ez, Part II, Line 24

Accounts receivable 1,369 0 prepaid expenses and deferred charges 0 372 drill rig 89,709 89,709 less accumulated depreciation 26,684 34,160 total 64,394 55,921

Form 990-ez, Part II, Line 26

Accounts payable and accrued expenses 5,166 6,048 loans from officers 60,000 60,000

Form 990-ez, Part III, Line 28

Flood relief: torrential flooding in southern africa impacted nearly 3 million people throughout mozambique, malawi and zimbabwe after tropical cyclone idai struck on march 14th and 15th. Soon after the storm, fpi delivered more than 60,000 p&g purifier water packets to the district health office in nsanje, which were then distributed to the internationally displaced people.

Form 990-ez, Part III, Line 29

Health centers: when a health center lacks access to clean water, it is nearly impossible for medical professionals to provide hygienic, safe care to their patients, much time is wasted, and services are often delayed. In partnership with engineer's without boarders-usa's engineering service corps, fpi was able to upgrade 7 health center water systems in malawi

Form 990-ez, Part III, Line 30

Villages: most of fpi's projects are concentrated in the rural areas of malawi, in communities where access to clean water, safe sanitation, and hygiene information is a major challenge. Through deep borehole drilling, safe and accessible clean water sources are not at mwanafumu, mandala, magaleta, m'banga, muhiyo, and ntelero villages in malawi

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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/ExplanationTxt3ACCOUNTS PAYABLE AND ACCRUED EXPENSES 5,166 6,048 LOANS FROM OFFICERS 60,000 60,000
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4FLOOD RELIEF: TORRENTIAL FLOODING IN SOUTHERN AFRICA IMPACTED NEARLY 3 MILLION PEOPLE THROUGHOUT MOZAMBIQUE, MALAWI AND ZIMBABWE AFTER TROPICAL CYCLONE IDAI STRUCK ON MARCH 14TH AND 15TH. SOON AFTER THE STORM, FPI DELIVERED MORE THAN 60,000 P&G PURIFIER WATER PACKETS TO THE DISTRICT HEALTH OFFICE IN NSANJE, WHICH WERE THEN DISTRIBUTED TO THE INTERNATIONALLY DISPLACED PEOPLE.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5HEALTH CENTERS: WHEN A HEALTH CENTER LACKS ACCESS TO CLEAN WATER, IT IS NEARLY IMPOSSIBLE FOR MEDICAL PROFESSIONALS TO PROVIDE HYGIENIC, SAFE CARE TO THEIR PATIENTS, MUCH TIME IS WASTED, AND SERVICES ARE OFTEN DELAYED. IN PARTNERSHIP WITH ENGINEER'S WITHOUT BOARDERS-USA'S ENGINEERING SERVICE CORPS, FPI WAS ABLE TO UPGRADE 7 HEALTH CENTER WATER SYSTEMS IN MALAWI
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6VILLAGES: MOST OF FPI'S PROJECTS ARE CONCENTRATED IN THE RURAL AREAS OF MALAWI, IN COMMUNITIES WHERE ACCESS TO CLEAN WATER, SAFE SANITATION, AND HYGIENE INFORMATION IS A MAJOR CHALLENGE. THROUGH DEEP BOREHOLE DRILLING, SAFE AND ACCESSIBLE CLEAN WATER SOURCES ARE NOT AT MWANAFUMU, MANDALA, MAGALETA, M'BANGA, MUHIYO, AND NTELERO VILLAGES IN MALAWI
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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
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ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0MI
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd048108
ReturnHeader/PreparerPersonGrp/PhoneNum07344763720
ReturnHeader/PreparerPersonGrp/PreparationDt02020-09-03
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0ERIK D LADEWIG CPA
ReturnHeader/ReturnTs02020-09-22T17:00:42-05:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02019-01-01
ReturnHeader/TaxPeriodEndDt02019-12-31
ReturnHeader/TaxYr02019

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