Civic Intelligence

Waterstart

990 • Fiscal year 2021 • EIN 46-4420637

Jul 01, 2020 to Jun 30, 2021 • Filed on May 10, 2022

1550 W Horizon Ridge Pkwy Ste R28Henderson, NV 89012-3600

(520) 603-3836

Siviq Scores

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

Liabilities / Assets

46th percentile

0.04x

Higher debt load relative to assets than 46% of similar nonprofits.

2021 filings • 501(c)6 • $500k-$1M nonprofits • Source year 2021

Liabilities / Revenue

48th percentile

0.06x

Higher debt load relative to revenue than 48% of similar nonprofits.

2021 filings • 501(c)6 • $500k-$1M nonprofits • Source year 2021

Net Margin

5th percentile

-36%

Higher net margin than 5% of similar nonprofits.

2021 filings • 501(c)6 • $500k-$1M nonprofits • Source year 2021

Top Officer Pay

67th percentile

$93,487

Higher top officer pay than 67% of similar nonprofits.

Top officer pay equals 16.9% of source-year revenue.

2021 filings • 501(c)6 • $500k-$1M nonprofits • Source year 2021

Asset Growth

6th percentile

-17%

Faster asset growth than 6% of similar nonprofits.

2021 filings • 501(c)6 • $500k-$1M nonprofits • Annualized from 2020 to 2021

Revenue Growth

4th percentile

-54%

Faster revenue growth than 4% of similar nonprofits.

2021 filings • 501(c)6 • $500k-$1M nonprofits • Annualized from 2020 to 2021

Assets

Down

$802,864

Down $161,356 (-17%) from 2020

Net Assets

Down

$767,300

Down $196,920 (-20%) from 2020

Liabilities

Up

$35,564

Up $35,564 from 2020

Revenue

Down

$554,421

Down $651,307 (-54%) from 2020

Expenses

Up

$751,341

Up $177,770 (+31%) from 2020

Net Income

Down

-$196,920

Down $829,077 (-131%) from 2020

Historical Trend

Balance Sheet Trend

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

$1.0M$500K$0Assets 2015: $213,824Liabilities 2015: $0Net Assets 2015: $213,8242015Assets 2016: $422,530Liabilities 2016: $0Net Assets 2016: $422,5302016Assets 2017: $33,319Liabilities 2017: $0Net Assets 2017: $33,3192017Assets 2018: $54,833Liabilities 2018: $0Net Assets 2018: $54,8332018Assets 2019: $332,063Liabilities 2019: $0Net Assets 2019: $332,0632019Assets 2020: $964,220Liabilities 2020: $0Net Assets 2020: $964,2202020Assets 2021: $802,864Liabilities 2021: $35,564Net Assets 2021: $767,3002021Assets 2022: $623,544Liabilities 2022: $0Net Assets 2022: $623,5442022Assets 2023: $378,583Liabilities 2023: $0Net Assets 2023: $378,5832023Assets 2024: $301,835Liabilities 2024: $0Net Assets 2024: $301,8352024

Highlighted filing

2021

Assets$802,864
Liabilities$35,564
Net Assets$767,300

Operations Trend

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

$1.5M$1.0M$500K$0-$500KRevenue 2015: $479,000Expenses 2015: $265,176Net Income 2015: $213,8242015Revenue 2016: $1,279,748Expenses 2016: $1,071,042Net Income 2016: $208,7062016Revenue 2017: $674,179Expenses 2017: $1,063,390Net Income 2017: -$389,2112017Revenue 2018: $848,807Expenses 2018: $827,293Net Income 2018: $21,5142018Revenue 2019: $1,048,763Expenses 2019: $771,533Net Income 2019: $277,2302019Revenue 2020: $1,205,728Expenses 2020: $573,571Net Income 2020: $632,1572020Revenue 2021: $554,421Expenses 2021: $751,341Net Income 2021: -$196,9202021Revenue 2022: $368,063Expenses 2022: $511,819Net Income 2022: -$143,7562022Revenue 2023: $508,109Expenses 2023: $753,070Net Income 2023: -$244,9612023Revenue 2024: $1,163,912Expenses 2024: $1,240,660Net Income 2024: -$76,7482024

Highlighted filing

2021

Revenue$554,421
Expenses$751,341
Net Income-$196,920
Jump To
Filing Snapshot
Filing Period
Jul 1, 2020 to Jun 30, 2021
Signed
May 10, 2022
Return Version
2020v4.2
Gross Receipts
$554,421
Mission and Program Overview

Mission

The Nevada Center of Excellence (COE) is an independent team of stakeholders focused on one of the greatest issues facing our state: Water. Through collaboration and the use of best practices, we endeavor to explore water issues as we improve Nevada's economic diversification and expansion, and workforce development. The COE seeks to be the world leader in water technology, concentrating on conservation, resource planning, pumping, treatment, storage, distribution and reuse.

Waterstart is a non-profit association of public & private water managers dedicated to the commercialization of technologies to advance water treatment, conservation and sustainability. Through collaboration and the use of best practices, we endeavor to explore water issues as we improve nevada's economic diversification and expansion, and workforce development. Waterstart seeks to be the world leader in water technology, concentrating on conservation, resource planning, pumping, treatment, storage, distribution and reuse.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$963,605$802,856▼ $160,749
Rtn Earn Endowment Incm Other Fnds$964,220$767,300▼ $196,920
Other Notes and Loans Receivable, Net$607$0▼ $607
Receivables From Officers Etc$0$0→ $0
Land, Buildings, and Equipment, Net$0$0→ $0
Pd in Cap Srpls Land Bldg Eqp Fund$0$0→ $0
Cap Stk Tr Prin Current Funds$0$0→ $0
Total Assets$964,220$802,864▼ $161,356
Other Assets Total$8$8→ $0
Liabilities
Grants Payable$0$35,564▲ $35,564
Total Liabilities$0$35,564▲ $35,564
Net Assets / Fund Balance
Total Net Assets Fund Balance$964,220$767,300▼ $196,920
Total Liabilities and Net Assets / Fund Balance$964,220$802,864▼ $161,356
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Nathan AllenExecutive DirectorPT$76,808$16,679$93,487

Board Members and Trustees

NameTitle
Dave JohnsonChairman
Ian OlsonDirector
Jonas PetersonDirector
Louise DudleyDirector
Mark ForeeDirector
Michael ThomasDirector
Patricia MulroyDirector
Ramsay HuntleyDirector
Cindy OrtegaTreasurer/secretary
Revenue and Support

Revenue Composition

Contributions and Grants
$417,233
Program Service Revenue
$137,188
Investment Income
$0
Other Revenue
$0
All Other Contributions
$36,712
Change in Net Assets
$-196,920
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$361,821
Grants and Similar Amounts Paid$257,442
Other Expenses$132,078
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Orgs$257,442--$257,442
Current Officers, Directors, Trustees, and Key Employees$143,736$15,971-$159,707
Other Salaries and Wages$82,696$57,917-$140,613
Fees for Services Accounting-$37,168-$37,168
Payroll Taxes$20,886$7,910-$28,796
Fees for Services Management$25,500--$25,500
Other Employee Benefits$16,263$1,780-$18,043
Pension Plan Contributions$10,968$3,694-$14,662
Fees for Services Other-$12,589-$12,589
Office Expenses$1,640$1,640-$3,280
Conferences and Meetings$3,150--$3,150
Insurance-$2,799-$2,799
Advertising-$1,268-$1,268
Travel$806$202-$1,008
Occupancy-$902-$902
Other Expenses$4,856$50-$50
Total Functional Expenses$602,455$148,886$0$751,341
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
Southern Nevada Water AuthorityLas Vegas, NV-Pilot Contributions$227,442
Klir IncReno, NV-Pilot Contributions$30,000

International Summary

Offices
0
Employees
0
Spending
$0

International Compliance

Activity in boycott countries
No
Foreign corporation ownership
Yes
Foreign partnership interest
No
Interest in foreign trust
No
Passive foreign investment company interest
No
Transfers to foreign corporations
No
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Subject to proxy tax
No
Insider Transactions and Loans

Loans and Receivables

Line ItemBeginningEndChange
Receivables from Officers, Directors, Trustees, and Key Employees$0$0→ $0
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Backup withholding compliance
Yes
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
Yes
Other officer compensation reviewed
No
Conflict-of-interest policy
No
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section A, Line 6

Members include organizations that have a shared interest in water related matters and issues.

Form 990, Part VI, Section B, Line 11B

Draft copy provided to board electronically.

Form 990, Part VI, Section B, Line 15A

The board does research on salary and benchmarks for a particular position. The data is analyzed, reviewed, and final approval on the compensation is done by the board.

Form 990, Part VI, Section C, Line 19

No other documents available to the public.

Filing and Contact Details

Filer

Filer Name
Waterstart
EIN
46-4420637
Phone
5206033836
Address
1550 W HORIZON RIDGE PKWY STE R28, HENDERSON, NV 89012-3600

Signing Officer

Name
Nathan Allen
Title
Executive Director
Phone
5206033836
Signed
2022-05-10
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Nathan Allen
Formed
2013
Legal Domicile
Nv
Voting Board Members
10
Independent Board Members
9
Employees
3
Volunteers
11

Preparer

Firm
Rsm US Llp
Address
10845 GRIFFITH PEAK DRIVE SUITE 450, LAS VEGAS, NV 89135
Preparer
Emily Ho CPA
Phone
7027594000
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IRS990/PensionPlanContributionsGrp/ManagementAndGeneralAmt03694
IRS990/PensionPlanContributionsGrp/ProgramServicesAmt010968
IRS990/PensionPlanContributionsGrp/TotalAmt014662
IRS990/PoliticalCampaignActyInd00
IRS990/PrincipalOfficerNm0NATHAN ALLEN
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0813219
IRS990/ProgramServiceRevenueGrp/Desc0PROGRAM FEES
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt0137188
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt0137188
IRS990/ProgSrvcAccomActy2Grp/Desc0ECONOMIC DEVELOPMENT IN THE WATER SECTOR BY LEVERAGING AND COORDINATING THE EXPERTISE AND INFRASTRUCTURE OF PARTNER ORGANIZATIONS TO PROVIDE WATER INNOVATION SERVICES TO WATER MANAGEMENT AGENCIES, TECHNOLOGY COMPANIES, AND POLICY MAKERS.
IRS990/ProgSrvcAccomActy2Grp/ExpenseAmt0310501
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt01205728
IRS990/PYGrantsAndSimilarPaidAmt010000
IRS990/PYInvestmentIncomeAmt00
IRS990/PYOtherExpensesAmt0212373
IRS990/PYOtherRevenueAmt00
IRS990/PYProgramServiceRevenueAmt00
IRS990/PYRevenuesLessExpensesAmt0632157
IRS990/PYSalariesCompEmpBnftPaidAmt0351198
IRS990/PYTotalExpensesAmt0573571
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt01205728
IRS990/ReceivablesFromOfficersEtcGrp/BOYAmt00
IRS990/ReceivablesFromOfficersEtcGrp/EOYAmt00
IRS990/ReconcilationRevenueExpnssAmt0-196920
IRS990/RelatedEntityInd01
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd00
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd00
IRS990/ReportProgramRelatedInvstInd00
IRS990/RtnEarnEndowmentIncmOthFndsGrp/BOYAmt0964220
IRS990/RtnEarnEndowmentIncmOthFndsGrp/EOYAmt0767300
IRS990/ScheduleBRequiredInd00
IRS990ScheduleF/BoycottCountriesInd00
IRS990ScheduleF/ContinuationSpentAmt00
IRS990ScheduleF/ContinuationTotalEmployeeCnt00
IRS990ScheduleF/ContinuationTotalOfficeCnt00
IRS990ScheduleF/ForeignCorpOwnershipInd01
IRS990ScheduleF/ForeignPartnershipInd00
IRS990ScheduleF/InterestInForeignTrustInd00
IRS990ScheduleF/PassiveForeignInvestmestCoInd00
IRS990ScheduleF/SubtotalEmployeesCnt00
IRS990ScheduleF/SubtotalOfficesCnt00
IRS990ScheduleF/SubtotalSpentAmt00
IRS990ScheduleF/SupplementalInformationDetail/FormAndLineReferenceDesc0PART III ACCOUNTING METHOD:
IRS990ScheduleF/TotalEmployeeCnt00
IRS990ScheduleF/TotalOfficeCnt00
IRS990ScheduleF/TotalSpentAmt00
IRS990ScheduleF/TransferToForeignCorpInd00
IRS990ScheduleI/GrantRecordsMaintainedInd01
IRS990ScheduleI/RecipientTable/CashGrantAmt0227442
IRS990ScheduleI/RecipientTable/CashGrantAmt130000
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt0PILOT CONTRIBUTIONS
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt1PILOT CONTRIBUTIONS
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt0SOUTHERN NEVADA WATER AUTHORITY
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt1KLIR INC
IRS990ScheduleI/RecipientTable/RecipientEIN0880278492
IRS990ScheduleI/RecipientTable/RecipientEIN1364896567
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt01001 S VALLEY VIEW BLVD
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt11 E LIBERTY ST STE 600
IRS990ScheduleI/RecipientTable/USAddress/CityNm0LAS VEGAS
IRS990ScheduleI/RecipientTable/USAddress/CityNm1RENO
IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd0NV
IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd1NV
IRS990ScheduleI/RecipientTable/USAddress/ZIPCd089153
IRS990ScheduleI/RecipientTable/USAddress/ZIPCd189501
IRS990ScheduleI/SupplementalInformationDetail/ExplanationTxt0REQUEST FOR PROPOSAL PROCESS IS USED TO IDENTIFY VIABLE NEW TECHNOLOGIES TO PILOT. REPORTING REQUIREMENTS ARE A PART OF ALL OUR PILOT CONTRACTS.
IRS990ScheduleI/SupplementalInformationDetail/FormAndLineReferenceDesc0PART I, LINE 2:
IRS990ScheduleI/Total501c3OrgCnt01
IRS990ScheduleI/TotalOtherOrgCnt01
IRS990/ScheduleJRequiredInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0MEMBERS INCLUDE ORGANIZATIONS THAT HAVE A SHARED INTEREST IN WATER RELATED MATTERS AND ISSUES.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1DRAFT COPY PROVIDED TO BOARD ELECTRONICALLY.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE BOARD DOES RESEARCH ON SALARY AND BENCHMARKS FOR A PARTICULAR POSITION. THE DATA IS ANALYZED, REVIEWED, AND FINAL APPROVAL ON THE COMPENSATION IS DONE BY THE BOARD.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3NO OTHER DOCUMENTS AVAILABLE TO THE PUBLIC.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION A, LINE 6
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION B, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION B, LINE 15A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART VI, SECTION C, LINE 19
IRS990ScheduleR/AssetExchangeInd00
IRS990ScheduleR/AssetPurchaseFromOtherOrgInd00
IRS990ScheduleR/AssetSaleToOtherOrgInd00
IRS990ScheduleR/DivRelatedOrganizationInd00
IRS990ScheduleR/GiftGrntCapContriFromOthOrgInd00
IRS990ScheduleR/GiftGrntOrCapContriToOthOrgInd00
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd00
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DirectControllingEntityName/BusinessNameLine1Txt0WATERSTART
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt0CHANNELS FOR WATER INNOVATION
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/EIN0821061688
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ExemptCodeSectionTxt0501(C)(3)
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/LegalDomicileStateCd0NV
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PrimaryActivitiesTxt0FUNDRAISING
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PublicCharityStatusTxt0LINE 7
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/AddressLine1Txt01550 W HORIZON RIDGE SUITE R28
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/CityNm0HENDERSON
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/StateAbbreviationCd0NV
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/ZIPCd089012
IRS990ScheduleR/LoansOrGuaranteesFromOthOrgInd00
IRS990ScheduleR/LoansOrGuaranteesToOtherOrgInd00
IRS990ScheduleR/PaidEmployeesSharingInd01
IRS990ScheduleR/PerformOfServicesByOtherOrgInd00
IRS990ScheduleR/PerformOfServicesForOthOrgInd00
IRS990ScheduleR/ReceiptOfIntAnntsRntsRyltsInd00
IRS990ScheduleR/ReimbursementPaidByOtherOrgInd01
IRS990ScheduleR/ReimbursementPaidToOtherOrgInd01
IRS990ScheduleR/RentalOfFacilitiesToOthOrgInd00
IRS990ScheduleR/RentalOfFcltsFromOthOrgInd00
IRS990ScheduleR/SharingOfFacilitiesInd01
IRS990ScheduleR/TransactionsRelatedOrgGrp/InvolvedAmt0347634
IRS990ScheduleR/TransactionsRelatedOrgGrp/MethodOfAmountDeterminationTxt0ACTUAL AMOUNT
IRS990ScheduleR/TransactionsRelatedOrgGrp/OtherOrganizationName/BusinessNameLine1Txt0CHANNELS FOR WATER INNOVATION
IRS990ScheduleR/TransactionsRelatedOrgGrp/TransactionTypeTxt0P
IRS990ScheduleR/TransferFromOtherOrgInd00
IRS990ScheduleR/TransferToOtherOrgInd00
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/SubjectToExcsTaxNetInvstIncInd00
IRS990/SubjectToProxyTaxInd00
IRS990/SubjToTaxRmnrtnExPrchtPymtInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt0964220
IRS990/TotalAssetsEOYAmt0802864
IRS990/TotalAssetsGrp/BOYAmt0964220
IRS990/TotalAssetsGrp/EOYAmt0802864
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalContributionsAmt0417233
IRS990/TotalEmployeeCnt03
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt0148886
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0602455
IRS990/TotalFunctionalExpensesGrp/TotalAmt0751341
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt00
IRS990/TotalLiabilitiesEOYAmt035564
IRS990/TotalLiabilitiesGrp/BOYAmt00
IRS990/TotalLiabilitiesGrp/EOYAmt035564
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0964220
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0767300
IRS990/TotalOtherCompensationAmt016679
IRS990/TotalProgramServiceExpensesAmt0602455
IRS990/TotalProgramServiceRevenueAmt0137188
IRS990/TotalReportableCompFromOrgAmt076808
IRS990/TotalRevenueGrp/ExclusionAmt00
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt0137188
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0554421
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00

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