Civic Intelligence

Water Compass Inc.

990 • Fiscal year 2022 • EIN 81-2220537

Jan 01, 2022 to Dec 31, 2022 • Filed on Nov 11, 2023

505 Tremont St Unit 411Boston, MA 02116

(857) 207-5732

Siviq Scores

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

Liabilities / Assets

80th percentile

0.10x

Higher debt load relative to assets than 80% of similar nonprofits.

2022 filings • 501(c)3 • <$500k nonprofits • Source year 2022

Liabilities / Revenue

77th percentile

0.05x

Higher debt load relative to revenue than 77% of similar nonprofits.

2022 filings • 501(c)3 • <$500k nonprofits • Source year 2022

Net Margin

73rd percentile

22%

Higher net margin than 73% of similar nonprofits.

2022 filings • 501(c)3 • <$500k nonprofits • Source year 2022

Top Officer Pay

89th percentile

$36,000

Higher top officer pay than 89% of similar nonprofits.

Top officer pay equals 13.7% of source-year revenue.

2022 filings • 501(c)3 • <$500k nonprofits • Source year 2022

Asset Growth

86th percentile

60%

Faster asset growth than 86% of similar nonprofits.

2022 filings • 501(c)3 • <$500k nonprofits • Annualized from 2021 to 2022

Revenue Growth

36th percentile

-5.1%

Faster revenue growth than 36% of similar nonprofits.

2022 filings • 501(c)3 • <$500k nonprofits • Annualized from 2021 to 2022

Assets

Up

$126,804

Up $47,517 (+60%) from 2021

Net Assets

Up

$113,832

Up $55,131 (+94%) from 2021

Liabilities

Down

$12,972

Down $7,614 (-37%) from 2021

Revenue

Down

$263,507

Down $14,164 (-5.1%) from 2021

Expenses

Down

$204,392

Down $77,381 (-27%) from 2021

Net Income

Up

$59,115

Up $63,217 (+1541%) from 2021

Historical Trend

Balance Sheet Trend

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

$150K$100K$50K$0-$50KAssets 2017: $32,302Liabilities 2017: $12,5402017Assets 2018: $17,019Liabilities 2018: $6,7712018Assets 2019: $63,687Liabilities 2019: $39,7612019Assets 2020: $86,692Liabilities 2020: $21,370Net Assets 2020: $65,3222020Assets 2021: $79,287Liabilities 2021: $20,586Net Assets 2021: $58,7012021Assets 2022: $126,804Liabilities 2022: $12,972Net Assets 2022: $113,8322022Assets 2023: $96,568Liabilities 2023: $4,501Net Assets 2023: $92,0672023Assets 2024: $39,824Liabilities 2024: $52,397Net Assets 2024: -$12,5732024

Highlighted filing

2022

Assets$126,804
Liabilities$12,972
Net Assets$113,832

Operations Trend

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

$400K$200K$0-$200KRevenue 2017: $92,917Expenses 2017: $80,711Net Income 2017: $12,2062017Revenue 2018: $148,122Expenses 2018: $157,636Net Income 2018: -$9,5142018Revenue 2019: $172,526Expenses 2019: $158,848Net Income 2019: $13,6782019Revenue 2020: $289,838Expenses 2020: $259,686Net Income 2020: $30,1522020Revenue 2021: $277,671Expenses 2021: $281,773Net Income 2021: -$4,1022021Revenue 2022: $263,507Expenses 2022: $204,392Net Income 2022: $59,1152022Revenue 2023: $205,018Expenses 2023: $228,845Net Income 2023: -$23,8272023Revenue 2024: $194,867Expenses 2024: $299,507Net Income 2024: -$104,6402024

Highlighted filing

2022

Revenue$263,507
Expenses$204,392
Net Income$59,115
Jump To
Filing Snapshot
Filing Period
Jan 1, 2022 to Dec 31, 2022
Signed
Nov 11, 2023
Return Version
2022v5.0
Gross Receipts
$263,507
Mission and Program Overview

Mission

To prevent disease through the provision of clean water, improved sanitation and hygiene promotion.

To prevent disease through the provision of clean water, improved sanitation and hygiene promotion

Balance Sheet Detail
LineBeginningEndChange
Assets
Cap Stk Tr Prin Current Funds$58,701$113,832▲ $55,131
Cash and Non-Interest-Bearing Accounts$41,562$94,952▲ $53,390
Land, Buildings, and Equipment, Net$33,486$28,914▼ $4,572
Prepaid Expenses and Deferred Charges$3,059$2,069▼ $990
Accounts Receivable$656$869▲ $213
Other Notes and Loans Receivable, Net$524--
Total Assets$79,287$126,804▲ $47,517
Liabilities
Accounts Payable and Accrued Expenses$20,586$12,972▼ $7,614
Total Liabilities$20,586$12,972▼ $7,614
Net Assets / Fund Balance
Total Net Assets Fund Balance$58,701$113,832▲ $55,131
Total Liabilities and Net Assets / Fund Balance$79,287$126,804▲ $47,517

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$28,914$19,904$48,818
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Edward MorganBoard Chair and Executive DirectorFT$36,000$36,000

Board Members and Trustees

NameTitle
Bronwyn NicholBoard Member
Isha NirolaBoard Member
Ivan BusulwaBoard Member
John AllenBoard Member
Leslie TurnerBoard Member
Matt StreisfeldBoard Member
Nicholas GuillemetteBoard Member
Iain CoxClerk
Tim MartinTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$255,951
Program Service Revenue
$7,556
Investment Income
$0
Other Revenue
$0
All Other Contributions
$255,951
Change in Net Assets
$59,115

Audited Revenue Reconciliation

Revenue per Audited Statements
$159,035
Revenue Not Reported on Financial Statements
$104,472
Other Revenue Adjustments
$104,472
Total Revenue per Audited Statements
$159,035
Total Revenue per Form 990
$263,507
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$101,288
Other Expenses$82,854
Professional Fundraising Fees$20,250
Total Fundraising Expense$20,250
Grants and Similar Amounts Paid$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$51,691--$51,691
Current Officers, Directors, Trustees, and Key Employees-$36,000-$36,000
Fees for Services Professional Fundraising--$20,250$20,250
Travel$7,014$3,106-$10,120
Office Expenses$8,497$830-$9,327
Payroll Taxes$5,169$3,086-$8,255
Conferences and Meetings$8,070--$8,070
Depreciation Depletion$5,916--$5,916
Advertising$5,318$467-$5,785
Other Employee Benefits$5,342--$5,342
Other Expenses$5,030--$5,030
Occupancy$3,184--$3,184
Fees for Services Accounting$1,153$500-$1,653
Fees for Services Management-$1,542-$1,542
Total Functional Expenses$138,611$45,531$20,250$204,392

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Form 990$204,392
Expenses per Audited Statements$147,819
Total Expenses per Audited Statements$147,819
Expenses Not Reported on Financial Statements$56,573
Other Expense Adjustments$56,573
International Activity

International Summary

Offices
2
Employees
12
Spending
$138,612

International Compliance

Foreign grant records maintained
No
Activity in boycott countries
No
Foreign corporation ownership
No
Foreign partnership interest
No
Interest in foreign trust
No
Passive foreign investment company interest
No
Transfers to foreign corporations
No

International Activities

RegionActivityServicesOfficesEmployeesSpending
Sub Saharan AfricaProgram ServicesClean Water and Sanitation212$138,612
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
Yes

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$20,250
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
Yes
Annual disclosure for covered persons
Yes
Audit committee
Yes
Backup withholding compliance
No
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
No
Other officer compensation reviewed
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Part VI Section A Line 2

Tim martin is the spouse of edward morgan's sister

Part VI Section Line 11B

The form 990 and required schedules are shared via a google drive folder with all board members for review and approval, mainly that of the finance and legal sub committee of the board.

Part VI Section B Line 12C

The finance committee of the board of directors is responsible for reviewing organizational expenditure and making sure that there is no violation of the organizations conflict of interest policy.

Part VI Section C Line 19

Audited financial statements are available on the website, and the bylaws can be found online on the office of the attorney general of massachusetts

Filing and Contact Details

Filer

Filer Name
Water Compass Inc
EIN
81-2220537
Phone
8572075732
Address
505 TREMONT ST UNIT 411, BOSTON, MA 02116

Signing Officer

Name
Edward Morgan
Title
Executive Director
Phone
8572075732
Signed
2023-11-11
Discuss with paid preparer
No

Organization Details

Formed
2016
Legal Domicile
Ma
Voting Board Members
10
Independent Board Members
9
Employees
1

Preparer

Firm
Hrb Tax Group Inc
Address
1301 MAIN ST STE 104E, KANSAS CITY, MO 64105
Preparer
Simone Delaney
Phone
8004725625
Supplemental Narrative

Financial Statement Notes

PART XI, LINE 4B:

Part xi, line 4b:: the audited financials are for ugandan operations only; it does not include us operations. Line 1 is the ugandan revenue and line 4b is the us revenue for total revenue of $263,507.

PART XII, LINE 4B:

Part xii, line 4b:: the audited financial statements represent ugandan operations only. It does not include the us operations. Therefore us expenses of $$56,574 needss to be included.

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IRS990/RegularMonitoringEnfrcInd0true
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0false
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RevenueAmt07556
IRS990ScheduleA/FactsAndCircumstancesTestTxt0REVENUE FROM THE SALE OF WATER WHICH IS APPLIED TOWARDS THE OPERATION AND MAINTENANCE OF WATER SYSTEMS.
IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt0REVENUE FROM THE SALE OF WATER WHICH IS APPLIED TOWARDS THE OPERATION AND MAINTENANCE OF WATER SYSTEMS.
IRS990ScheduleA/Form990ScheduleAPartVIGrp/FormAndLineReferenceDesc0SCH A PART II LINE 10
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt0255951
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt0277670
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt0286350
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt0171525
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt0147440
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt01138936
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearAmt07556
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus1YearAmt06274
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus2YearsAmt03488
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus3YearsAmt01001
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus4YearsAmt0682
IRS990ScheduleA/OtherIncome170Grp/TotalAmt019001
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.98360
IRS990ScheduleA/PublicSupportPY170Pct00.98800
IRS990ScheduleA/PublicSupportTotal170Amt01138936
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt0255951
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt0277670
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt0286350
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt0171525
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt0147440
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt01138936
IRS990ScheduleA/TotalSupportAmt01157937
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990/ScheduleBRequiredInd0true
IRS990ScheduleD/EquipmentGrp/BookValueAmt028914
IRS990ScheduleD/EquipmentGrp/DepreciationAmt019904
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt048818
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt056573
IRS990ScheduleD/ExpensesSubtotalAmt0147819
IRS990ScheduleD/OtherExpensesNotIncludedAmt056573
IRS990ScheduleD/OtherRevenuesNotIncludedAmt0104472
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt0104472
IRS990ScheduleD/RevenueSubtotalAmt0159035
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0PART XI, LINE 4B:: THE AUDITED FINANCIALS ARE FOR UGANDAN OPERATIONS ONLY; IT DOES NOT INCLUDE US OPERATIONS. LINE 1 IS THE UGANDAN REVENUE AND LINE 4B IS THE US REVENUE FOR TOTAL REVENUE OF $263,507.
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt1PART XII, LINE 4B:: THE AUDITED FINANCIAL STATEMENTS REPRESENT UGANDAN OPERATIONS ONLY. IT DOES NOT INCLUDE THE US OPERATIONS. THEREFORE US EXPENSES OF $$56,574 NEEDSS TO BE INCLUDED.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0PART XI, LINE 4B:
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc1PART XII, LINE 4B:
IRS990ScheduleD/TotalBookValueLandBuildingsAmt028914
IRS990ScheduleD/TotalExpensesPerForm990Amt0204392
IRS990ScheduleD/TotalRevenuePerForm990Amt0263507
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt0159035
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt0147819
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/EmployeeCnt012
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/OfficesCnt02
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/RegionTotalExpendituresAmt0138612
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/RegionTxt0SUB SAHARAN AFRICA
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/SpecificServicesProvidedTxt0CLEAN WATER AND SANITATION
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/TypeOfActivitiesConductedTxt0PROGRAM SERVICES
IRS990ScheduleF/BoycottCountriesInd0false
IRS990ScheduleF/ForeignCorpOwnershipInd0false
IRS990ScheduleF/ForeignPartnershipInd0false
IRS990ScheduleF/GrantRecordsMaintainedInd0false
IRS990ScheduleF/InterestInForeignTrustInd0false
IRS990ScheduleF/PassiveForeignInvestmestCoInd0false
IRS990ScheduleF/SubtotalEmployeesCnt012
IRS990ScheduleF/SubtotalOfficesCnt02
IRS990ScheduleF/SubtotalSpentAmt0138612
IRS990ScheduleF/TotalEmployeeCnt012
IRS990ScheduleF/TotalOfficeCnt02
IRS990ScheduleF/TotalSpentAmt0138612
IRS990ScheduleF/TransferToForeignCorpInd0false
IRS990ScheduleG/AgrmtProfFundraisingActyInd0true
IRS990ScheduleG/CharitableDistributionRqrInd0false
IRS990ScheduleG/CntrctWith3rdPrtyForGameRevInd0false
IRS990ScheduleG/EmailSolicitationsInd0X
IRS990ScheduleG/FundraiserActivityInfoGrp/ActivityTxt0GRANT WRITING
IRS990ScheduleG/FundraiserActivityInfoGrp/FundraiserControlOfFundsInd0false
IRS990ScheduleG/FundraiserActivityInfoGrp/GrossReceiptsAmt087000
IRS990ScheduleG/FundraiserActivityInfoGrp/NetToOrganizationAmt066750
IRS990ScheduleG/FundraiserActivityInfoGrp/OrganizationBusinessName/BusinessNameLine1Txt0PAGE CONSULTING LLC
IRS990ScheduleG/FundraiserActivityInfoGrp/RetainedByContractorAmt020250
IRS990ScheduleG/FundraiserActivityInfoGrp/USAddress/AddressLine1Txt03 CRANSTON ST
IRS990ScheduleG/FundraiserActivityInfoGrp/USAddress/CityNm0JAMAICA PLAIN
IRS990ScheduleG/FundraiserActivityInfoGrp/USAddress/StateAbbreviationCd0MA
IRS990ScheduleG/FundraiserActivityInfoGrp/USAddress/ZIPCd002130
IRS990ScheduleG/GamingInformationGrp/VolunteerLaborBingoInd0false
IRS990ScheduleG/GamingInformationGrp/VolunteerLaborOtherGamingInd0false
IRS990ScheduleG/GamingInformationGrp/VolunteerLaborPullTabsInd0false
IRS990ScheduleG/GamingWithNonmembersInd0false
IRS990ScheduleG/LicensedInd0false
IRS990ScheduleG/LicenseSuspendedEtcInd0false
IRS990ScheduleG/MailSolicitationsInd0X
IRS990ScheduleG/MemberOfOtherEntityInd0false
IRS990ScheduleG/SolicitationOfGovtGrantsInd0X
IRS990ScheduleG/SolicitationOfNonGovtGrantsInd0X
IRS990ScheduleG/TotalGrossReceiptsAmt087000
IRS990ScheduleG/TotalNetToOrganizationAmt066750
IRS990ScheduleG/TotalRetainedByContractorsAmt020250
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0TIM MARTIN IS THE SPOUSE OF EDWARD MORGAN'S SISTER
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE FORM 990 AND REQUIRED SCHEDULES ARE SHARED VIA A GOOGLE DRIVE FOLDER WITH ALL BOARD MEMBERS FOR REVIEW AND APPROVAL, MAINLY THAT OF THE FINANCE AND LEGAL SUB COMMITTEE OF THE BOARD.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE FINANCE COMMITTEE OF THE BOARD OF DIRECTORS IS RESPONSIBLE FOR REVIEWING ORGANIZATIONAL EXPENDITURE AND MAKING SURE THAT THERE IS NO VIOLATION OF THE ORGANIZATIONS CONFLICT OF INTEREST POLICY.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3AUDITED FINANCIAL STATEMENTS ARE AVAILABLE ON THE WEBSITE, AND THE BYLAWS CAN BE FOUND ONLINE ON THE OFFICE OF THE ATTORNEY GENERAL OF MASSACHUSETTS
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0PART VI SECTION A LINE 2
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1PART VI SECTION LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2PART VI SECTION B LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3PART VI SECTION C LINE 19
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/StatesWhereCopyOfReturnIsFldCd0MA
IRS990/SubjectToExcsTaxNetInvstIncInd0false
IRS990/SubjToTaxRmnrtnExPrchtPymtInd0false
IRS990/TaxableDistributionsInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TaxExemptInterestAmt00
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt079287
IRS990/TotalAssetsEOYAmt0126804
IRS990/TotalAssetsGrp/BOYAmt079287
IRS990/TotalAssetsGrp/EOYAmt0126804
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalContributionsAmt0255951
IRS990/TotalEmployeeCnt01
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt020250
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt045531

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