Waterequity Inc.

“Waterequiy, inc. Contracted with water.org to provide ceo management as needed by waterequity, inc.”

“An independent accounting firm prepared and reviewed the form 990. A full draft of the 990 along with all required schedules is then provided to internal management for review. All questions are addressed and any modifications are made, if necessary. The final form 990 along with all required schedules is then provided to the president and ceo prior to filing with the irs.”

“ANNUAL STATEMENTS Each director, principal officer, and member of a governing board shall annually sign a statement which affirms such person: (a) Has received a copy of WaterEquity's Conflict of Interest Policy - Exempt Organization, (b) Has read and understands the policy, (c) Has agreed to comply with the policy, and (d) Understands the organization is charitable and, to maintain its federal tax exemption, must engage primarily in activities that accomplish one or more of its tax-exempt purposes. PERIODIC REVIEWS To ensure that WaterEquity operates in a manner consistent with charitable purposes and doesn't engage in activities that could jeopardize its tax-exempt status, the CCO shall conduct periodic reviews. These reviews shall, at a minimum, assess: (a) Whether compensation arrangement and benefits are reasonable, based on competent survey information, and the result of arm's length bargaining. (b) Whether partnerships, joint ventures, and arrangements with management organizations conform to the organization's written policies, are properly recorded, reflect reasonable investment or payments for goods and services, further charitable purposes and don't result in inurement, impermissible private benefit, or in an excess benefit transaction. When conducting the periodic reviews, the organization may, but need not, use outside advisors. If outside experts are used, their use shall not relieve the WaterEquity Board of Directors of its responsibility for ensuring periodic reviews are conducted. Note: The 2020 Annual statements were collected in December 2020.”

“The board reviewed and approved employee compensation based on their industry knowledge and experience. There were no official compensation studies or tests used to complete that review.”

“Governing documents, compliance policies & procedures manual, and financial statements are available to the public upon request.”

“Description:international consulting fees total fees:159060”

“Description:consulting fees total fees:221129”

“Description:fund administrative expenses total fees:26000”