Civic Intelligence

Water Compass Inc.

990 • Fiscal year 2023 • EIN 81-2220537

Jan 01, 2023 to Dec 31, 2023 • Filed on Nov 11, 2024

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

75th percentile

0.05x

Higher debt load relative to assets than 75% of similar nonprofits.

2023 filings • 501(c)3 • <$500k nonprofits • Source year 2023

Liabilities / Revenue

72nd percentile

0.02x

Higher debt load relative to revenue than 72% of similar nonprofits.

2023 filings • 501(c)3 • <$500k nonprofits • Source year 2023

Net Margin

26th percentile

-12%

Higher net margin than 26% of similar nonprofits.

2023 filings • 501(c)3 • <$500k nonprofits • Source year 2023

Top Officer Pay

89th percentile

$36,000

Higher top officer pay than 89% of similar nonprofits.

Top officer pay equals 17.6% of source-year revenue.

2023 filings • 501(c)3 • <$500k nonprofits • Source year 2023

Asset Growth

21st percentile

-24%

Faster asset growth than 21% of similar nonprofits.

2023 filings • 501(c)3 • <$500k nonprofits • Annualized from 2022 to 2023

Revenue Growth

23rd percentile

-22%

Faster revenue growth than 23% of similar nonprofits.

2023 filings • 501(c)3 • <$500k nonprofits • Annualized from 2022 to 2023

Assets

Down

$96,568

Down $30,236 (-24%) from 2022

Net Assets

Down

$92,067

Down $21,765 (-19%) from 2022

Liabilities

Down

$4,501

Down $8,471 (-65%) from 2022

Revenue

Down

$205,018

Down $58,489 (-22%) from 2022

Expenses

Up

$228,845

Up $24,453 (+12%) from 2022

Net Income

Down

-$23,827

Down $82,942 (-140%) from 2022

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

2023

Assets$96,568
Liabilities$4,501
Net Assets$92,067

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

2023

Revenue$205,018
Expenses$228,845
Net Income-$23,827
Jump To
Filing Snapshot
Filing Period
Jan 1, 2023 to Dec 31, 2023
Signed
Nov 11, 2024
Return Version
2023v5.1
Gross Receipts
$205,018
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$113,833$92,067▼ $21,766
Cash and Non-Interest-Bearing Accounts$94,952$64,446▼ $30,506
Land, Buildings, and Equipment, Net$28,915$24,108▼ $4,807
Inventories for Sale or Use-$3,173-
Prepaid Expenses and Deferred Charges$2,069$2,630▲ $561
Accounts Receivable$869$1,946▲ $1,077
Other Notes and Loans Receivable, Net-$265-
Total Assets$126,805$96,568▼ $30,237
Liabilities
Accounts Payable and Accrued Expenses$12,972$4,501▼ $8,471
Total Liabilities$12,972$4,501▼ $8,471
Net Assets / Fund Balance
Total Net Assets Fund Balance$113,833$92,067▼ $21,766
Total Liabilities and Net Assets / Fund Balance$126,805$96,568▼ $30,237
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
$193,345
Program Service Revenue
$11,357
Investment Income
$316
Other Revenue
$0
All Other Contributions
$193,345
Change in Net Assets
$-23,827

Audited Revenue Reconciliation

Revenue per Audited Statements
$135,014
Revenue Not Reported on Financial Statements
$69,877
Other Revenue Adjustments
$69,877
Total Revenue per Audited Statements
$135,014
Total Revenue per Form 990
$204,891
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$124,649
Salaries, Compensation, and Employee Benefits$81,696
Professional Fundraising Fees$22,500
Total Fundraising Expense$22,500
Grants and Similar Amounts Paid$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Current Officers, Directors, Trustees, and Key Employees-$36,000-$36,000
Other Salaries and Wages$35,533--$35,533
Fees for Services Professional Fundraising--$22,500$22,500
Travel$10,567$1,829-$12,396
Fees for Services Accounting$1,373$9,285-$10,658
Office Expenses$6,845$3,158-$10,003
Other Expenses$8,758--$8,758
Depreciation Depletion$6,963--$6,963
Payroll Taxes$3,553$3,161-$6,714
Fees for Services Management$3,424$884-$4,308
Other Employee Benefits$3,449--$3,449
Occupancy$2,584--$2,584
Advertising$1,487--$1,487
Fees for Services Legal$565--$565
Conferences and Meetings$199--$199
Total Functional Expenses$152,028$54,317$22,500$228,845

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Form 990$228,845
Expenses per Audited Statements$154,271
Total Expenses per Audited Statements$154,271
Expenses Not Reported on Financial Statements$74,574
Other Expense Adjustments$74,574
International Activity

International Summary

Offices
2
Employees
12
Spending
$152,028

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$152,028
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
Yes

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$22,500
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, maintly 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 organization's 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
2024-11-11
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 ugandan revenue and line 4b is the us revenue for total revenue of $204,891.

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 $74,574 needs to be included.

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IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt0REVENUE FROM THE SALE OF WATER WHICH IS APPLIED TOWARDS THE OPERATION AND MAINTENANCE OF WATER SYSTEMS.
IRS990ScheduleA/Form990ScheduleAPartVIGrp/FormAndLineReferenceDesc0SCH A LINE 10
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt0193345
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt0255951
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt0277670
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt0286350
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt0171525
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt01184841
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearAmt011357
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus1YearAmt07556
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus2YearsAmt06274
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus3YearsAmt03488
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus4YearsAmt01001
IRS990ScheduleA/OtherIncome170Grp/TotalAmt029676
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.97560
IRS990ScheduleA/PublicSupportPY170Pct00.98360
IRS990ScheduleA/PublicSupportTotal170Amt01184841
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt0193345
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt0255951
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt0277670
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt0286350
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt0171525
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt01184841
IRS990ScheduleA/TotalSupportAmt01214517
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/ExpensesNotRptFinclStmtAmt074574
IRS990ScheduleD/ExpensesSubtotalAmt0154271
IRS990ScheduleD/OtherExpensesNotIncludedAmt074574
IRS990ScheduleD/OtherRevenuesNotIncludedAmt069877
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt069877
IRS990ScheduleD/RevenueSubtotalAmt0135014
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0PART XI, LINE 4B:: THE AUDITED FINANCIALS ARE FOR UGANDAN OPERATIONS ONLY. IT DOES NOT INCLUDE US OPERATIONS. LINE 1 IS UGANDAN REVENUE AND LINE 4B IS THE US REVENUE FOR TOTAL REVENUE OF $204,891.
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 $74,574 NEEDS TO BE INCLUDED.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0PART XI, LINE 4B:
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc1PART XII, LINE 4B
IRS990ScheduleD/TotalExpensesPerForm990Amt0228845
IRS990ScheduleD/TotalRevenuePerForm990Amt0204891
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt0135014
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt0154271
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/EmployeeCnt012
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/OfficesCnt02
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/RegionTotalExpendituresAmt0152028
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/SubtotalSpentAmt0152028
IRS990ScheduleF/TotalEmployeeCnt012
IRS990ScheduleF/TotalOfficeCnt02
IRS990ScheduleF/TotalSpentAmt0152028
IRS990ScheduleF/TransferToForeignCorpInd0false
IRS990ScheduleG/AgrmtProfFundraisingActyInd0true
IRS990ScheduleG/CharitableDistributionRqrInd0false
IRS990ScheduleG/CntrctWith3rdPrtyForGameRevInd0false
IRS990ScheduleG/EmailSolicitationsInd0X
IRS990ScheduleG/FundraiserActivityInfoGrp/ActivityTxt0GRANT WRITING
IRS990ScheduleG/FundraiserActivityInfoGrp/FundraiserControlOfFundsInd0false
IRS990ScheduleG/FundraiserActivityInfoGrp/GrossReceiptsAmt0125912
IRS990ScheduleG/FundraiserActivityInfoGrp/NetToOrganizationAmt0103412
IRS990ScheduleG/FundraiserActivityInfoGrp/OrganizationBusinessName/BusinessNameLine1Txt0PAGE CONSULTING LLC
IRS990ScheduleG/FundraiserActivityInfoGrp/RetainedByContractorAmt022500
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/TotalGrossReceiptsAmt0125912
IRS990ScheduleG/TotalNetToOrganizationAmt0103412
IRS990ScheduleG/TotalRetainedByContractorsAmt022500
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, MAINTLY 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 ORGANIZATION'S 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/TotalAssetsBOYAmt0126805
IRS990/TotalAssetsEOYAmt096568
IRS990/TotalAssetsGrp/BOYAmt0126805
IRS990/TotalAssetsGrp/EOYAmt096568
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalContributionsAmt0193345
IRS990/TotalEmployeeCnt01
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt022500
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt054317
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0152028
IRS990/TotalFunctionalExpensesGrp/TotalAmt0228845
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt012972
IRS990/TotalLiabilitiesEOYAmt04501
IRS990/TotalLiabilitiesGrp/BOYAmt012972
IRS990/TotalLiabilitiesGrp/EOYAmt04501
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0113833
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt092067
IRS990/TotalProgramServiceRevenueAmt011357

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