Liabilities / Assets
90th percentile
Higher debt load relative to assets than 90% of similar nonprofits.
Siviq Scores
Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.
0.60x
Liabilities / Revenue
84th percentile
Higher debt load relative to revenue than 84% of similar nonprofits.
Net Margin
63rd percentile
Higher net margin than 63% of similar nonprofits.
Top Officer Pay
90th percentile
Higher top officer pay than 90% of similar nonprofits.
Top officer pay equals 22.1% of source-year revenue.
Asset Growth
Score unavailable
No earlier valid filing was available within the previous three public years.
Revenue Growth
Score unavailable
No earlier valid filing was available within the previous three public years.
Balance Sheet
Assets
$45,357
No earlier filing loaded for comparison.
Net Assets
$18,297
No earlier filing loaded for comparison.
Liabilities
$27,060
No earlier filing loaded for comparison.
Revenue And Expenses
Revenue
$192,255
No earlier filing loaded for comparison.
Expenses
$173,958
No earlier filing loaded for comparison.
Net Income
$18,297
No earlier filing loaded for comparison.
Historical Trend
Jump To
Filing Snapshot
- Filing Period
- Jan 1, 2014 to Dec 31, 2014
- Signed
- Nov 6, 2015
- Return Version
- 2014v5.0
- Gross Receipts
- $192,255
Mission and Program Overview
Mission
Drip Drop Foundation works to save lives and alleviate suffering caused by dehydration worldwide.The Foundation works with strategic partners to: 1) Distribute Oral Rehydration Solutions (ORS)at or below cost on the frontlines of medical relief2) Educate people about proper hydration, recognizing and treating dehydration, and the power of ORS 3)Support research on dehydration and ORS
Program Services
| Description | Grants | Expenses |
|---|---|---|
| Drip Drop Foundation donated Oral Rehydration Solution product (ORS) through ChildFund International to Liberia in September, 2014 that was distributed to 5,500 people in three regions: | $155,183 | - |
| Lofa, Bong and Montserrado and the Interim Care Center in Monrovia in an effort to contain the spread of the Ebola Virus Disease (EVD) and improve the health outcomes of those affected with EVD. | - | - |
| Additional product was sent in later in the fall of 2014 to Sierra Leone. The Foundation also received $29,167 in contributed program services during 2014 (or $184,350 in total program expenses). | - | - |
| Another aspect of DripDrops mission is to support ORS research. We are currently applying for a couple studies that will test our palatable product against other ORS. We anticipate that studies like these will further solidify the efficacy of DripDrop and allow us to reach more people affected by dehydration worldwide.We have donated our product to 10 countries so far, and the positive feedback from each relief effort has made us increasingly excited to continue our humanitarian aid. Our most recent trip was to Nepal in May 2015 after the Earthquake. It is our intent to return to Nepal in the fall of 2015. This trip would be unlike the previous four not only because it provides aid during a rebuild phase rather than emergency response phase, but because it will also include formal volunteers with a more planned out fundraising timeline. Our strategy for 2015 is to have domestic as well as international reach. We will continue to provide support for relief missions as needed. We are interested in a sustained effort in one Sub-Saharan African country and will focus our efforts for two years there. We will continue to evaluate partnership and sponsorships as they are presented to the foundation. We will develop an impact measurement system to evaluate our effectiveness and the value of these partnerships. | - | - |
Compensation and Service Providers
Employees
| Name | Title | Full / Part Time | Base | Other | Total |
|---|---|---|---|---|---|
| Ellyn Weisel | Foundation Director | PT | $42,500 | - | $42,500 |
| Doug Wolf | Board Chair | - | $0 | - | - |
| John Jeb Hallet Jr MD | Treasurer | - | $0 | - | - |
| Kristiana Raube | Secretary | - | $0 | - | - |
| Robin Reynolds | Board Member | - | $0 | - | - |
| Harris Bostic | Board Member | - | $0 | - | - |
| Dr Eduardo Dolhun | Chief Med Off | PT | $0 | - | - |
Filing and Contact Details
Filer
- Filer Name
- Drip Drop Foundation
- EIN
- 46-3667336
- Phone
- 4159621023
- Address
- 260 California Street, San Francisco, CA 94111
Signing Officer
- Name
- Ellyn Weisel
- Title
- Foundation Director
- Signed
- 2015-11-06
- Discuss with paid preparer
- Yes
Preparer
- Firm
- Joseph J DiGiacomo CPA
- Address
- 270 Valencia St Unit 203, San Francisco, CA 94103
- Preparer
- Joseph J DiGiacomo CPA
- Phone
- 4158298885
Supplemental Narrative
Additional Explanations
Grants and Similar Amounts Paid In Excess of $5,000.1
“| Donee's Name: Childfund International | Donee's Address: 2821 Emerywood Parkway Richmond, VA 23294 | Description of Property: Oral Rehydration Solution | Date of Gift: 20140912 | Fair Market Value: $23719 | Method Used to Determine FMV: Cost”
Other Expenses.1002
“Office Expenses $4794”
Other Expenses.1
“Video/Website Development $32261”
Other Expenses.2
“Mission Travel and Expenses $29906”
Other Expenses.3
“Clinton Global Init Membership $20000”
Other Expenses.4
“IRS Application Fee $850”
Other Assets.1006
“Pledges and Grants Receivable - Beginning $0 Pledges and Grants Receivable - Ending $31000”
Total Liabilities.1001
“Accounts Payable and Accrued Expenses - Beginning $0 Accounts Payable and Accrued Expenses - Ending $27060”
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| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 1 | Office Expenses $4794 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 2 | Video/Website Development $32261 |
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| ReturnHeader/BuildTS | 0 | 2016-04-25 22:37:26Z |
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| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd | 0 | 94103 |
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| ReturnHeader/PreparerPersonGrp/PreparerPersonNm | 0 | Joseph J DiGiacomo CPA |
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| ReturnHeader/ReturnTs | 0 | 2015-11-06T14:27:30-08:00 |
| ReturnHeader/ReturnTypeCd | 0 | 990EZ |
| ReturnHeader/TaxPeriodBeginDt | 0 | 2014-01-01 |
| ReturnHeader/TaxPeriodEndDt | 0 | 2014-12-31 |
| ReturnHeader/TaxYr | 0 | 2014 |
Document Assets
No mirrored PDF or thumbnail assets are attached yet.
Filings
Displayed year
2014 • Form 990EZDetailed filing. Detailed filing data is available for this year.
- Assets
- $45,357
- Liabilities
- $27,060
- Net assets
- $18,297
- Revenue
- $192,255
- Expenses
- $173,958
- Net income
- $18,297
| Balance Sheet | Operations | |||||
|---|---|---|---|---|---|---|
| Year | Assets | Liabilities | Net Assets | Revenue | Expenses | Net Income |
| 2017Summary only. Only limited summary data is available for this year. | $0.07 | $0.00 | $0.16 | $0.11 | $0.05 | |
| 2015Summary only. Only limited summary data is available for this year. | $0.05 | $0.03 | $1.51 | $1.68 | $0.16 | |
| 2014Detailed filing. Detailed filing data is available for this year. | $0.45 | $0.27 | $0.18 | $1.92 | $1.74 | $0.18 |