Civic Intelligence

Waterstart Channels for Innovation

990 • Fiscal year 2021 • EIN 82-1061688

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

1550 W Horizon Ridge Pkwy Ste R28Henderson, NV 89012

(520) 603-3836

Siviq Scores

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

Liabilities / Assets

56th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2021 filings • 501(c)3 • <$500k nonprofits • Source year 2021

Liabilities / Revenue

56th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2021 filings • 501(c)3 • <$500k nonprofits • Source year 2021

Net Margin

2nd percentile

-1271%

Higher net margin than 2% of similar nonprofits.

2021 filings • 501(c)3 • <$500k nonprofits • Source year 2021

Top Officer Pay

98th percentile

$93,487

Higher top officer pay than 98% of similar nonprofits.

Top officer pay equals 368.8% of source-year revenue.

2021 filings • 501(c)3 • <$500k nonprofits • Source year 2021

Asset Growth

6th percentile

-66%

Faster asset growth than 6% of similar nonprofits.

2021 filings • 501(c)3 • <$500k nonprofits • Annualized from 2020 to 2021

Revenue Growth

3rd percentile

-96%

Faster revenue growth than 3% of similar nonprofits.

2021 filings • 501(c)3 • <$500k nonprofits • Annualized from 2020 to 2021

Assets

Down

$169,704

Down $322,284 (-66%) from 2020

Net Assets

Down

$169,704

Down $322,284 (-66%) from 2020

Liabilities

Flat

$0

Flat from 2020

Revenue

Down

$25,350

Down $547,150 (-96%) from 2020

Expenses

Up

$347,634

Up $135,818 (+64%) from 2020

Net Income

Down

-$322,284

Down $682,968 (-189%) 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 2019: $131,304Liabilities 2019: $0Net Assets 2019: $131,3042019Assets 2020: $491,988Liabilities 2020: $0Net Assets 2020: $491,9882020Assets 2021: $169,704Liabilities 2021: $0Net Assets 2021: $169,7042021Assets 2022: $121,956Liabilities 2022: $0Net Assets 2022: $121,9562022Assets 2023: $100,943Liabilities 2023: $0Net Assets 2023: $100,9432023Assets 2024: $952,697Liabilities 2024: $0Net Assets 2024: $952,6972024

Highlighted filing

2021

Assets$169,704
Liabilities$0
Net Assets$169,704

Operations Trend

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

$1.5M$1.0M$500K$0-$500KRevenue 2019: $200,000Expenses 2019: $68,696Net Income 2019: $131,3042019Revenue 2020: $572,500Expenses 2020: $211,816Net Income 2020: $360,6842020Revenue 2021: $25,350Expenses 2021: $347,634Net Income 2021: -$322,2842021Revenue 2022: $33,320Expenses 2022: $81,068Net Income 2022: -$47,7482022Revenue 2023: $16,250Expenses 2023: $37,263Net Income 2023: -$21,0132023Revenue 2024: $1,261,684Expenses 2024: $409,930Net Income 2024: $851,7542024

Highlighted filing

2021

Revenue$25,350
Expenses$347,634
Net Income-$322,284
Jump To
Filing Snapshot
Filing Period
Jul 1, 2020 to Jun 30, 2021
Signed
May 10, 2022
Return Version
2020v4.2
Gross Receipts
$25,350
Mission and Program Overview

Mission

The organization will promote research and education in waterinnovation by leveraging nevada's water expertise, capabilities and leadership.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$491,988$169,704▼ $322,284
Rtn Earn Endowment Incm Other Fnds$491,988$169,704▼ $322,284
Pd in Cap Srpls Land Bldg Eqp Fund$0$0→ $0
Cap Stk Tr Prin Current Funds$0$0→ $0
Total Assets$491,988$169,704▼ $322,284
Liabilities
Total Liabilities$0$0→ $0
Net Assets / Fund Balance
Total Net Assets Fund Balance$491,988$169,704▼ $322,284
Total Liabilities and Net Assets / Fund Balance$491,988$169,704▼ $322,284
Compensation and Service Providers

Employees

NameTitleFull / Part TimeOtherTotal
Nathan AllenSecretary & TreasurerPT$93,487$93,487

Board Members and Trustees

NameTitle
Patricia MulroyChair
David JohnsonDirector
Rebecca ShanahanDirector
Revenue and Support

Revenue Composition

Contributions and Grants
$25,350
Program Service Revenue
$0
Investment Income
$0
Other Revenue
$0
All Other Contributions
$15,350
Change in Net Assets
$-322,284
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$183,301
Grants and Similar Amounts Paid$163,483
Total Fundraising Expense$26,934
Professional Fundraising Fees$850
Salaries, Compensation, and Employee Benefits$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Fees for Services Other$97,816$13,288$26,084$137,188
Foreign Grants$110,384--$110,384
Grants to Domestic Orgs$53,099--$53,099
Conferences and Meetings$20,450--$20,450
Fees for Services Accounting-$9,676-$9,676
Office Expenses-$9,015-$9,015
Information Technology$4,024$2,683-$6,707
Fees for Services Professional Fundraising--$850$850
Other Expenses-$15-$15
Total Functional Expenses$285,773$34,927$26,934$347,634
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
IdeascaleSan Francisco, CA-Pilot Water Technology$31,599
InvizionOakridge, TN-Pilot Water Technology$21,500

International Summary

Offices
0
Employees
0
Spending
$110,384

International Compliance

Foreign grant records maintained
Yes
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
Europe (including Iceland & Greenland)Program ServicesFunding Pilots to Promote, Conduct & Develop New Water Based Technologies00$105,000
East Asia and the PacificProgram ServicesFunding Pilots to Promote, Conduct & Develop New Water Based Technologies00$5,384
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$850
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
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
No
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

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

Draft copy provided to board electronically.

Form 990, Part VI, Section C, Line 19

No other documents available to the public.

Filing and Contact Details

Filer

Filer Name
Channels for Water Innovation
EIN
82-1061688
Phone
5206033836
Address
1550 W HORIZON RIDGE PKWY STE R28, HENDERSON, NV 89012

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
2017
Legal Domicile
Nv
Voting Board Members
4
Independent Board Members
4
Employees
0
Volunteers
4

Preparer

Firm
Rsm US Llp
Address
10845 GRIFFITH PEAK DRIVE SUITE 450, LAS VEGAS, NV 89135
Preparer
Emily Ho CPA
Phone
7027594000
Supplemental Narrative

Additional Explanations

Form 990, Part IX, Line 11G

Miscellaneous: program service expenses 97,816. Management and general expenses 13,288. Fundraising expenses 26,084. Total expenses 137,188.

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IRS990/ProgSrvcAccomActy2Grp/Desc0PRODUCED 3 WEBINARS FOR KNOWLEDGE SHARING. HOSTED ON-LINE WEB PLATFORM AND PUBLISHED NEW CONTENT INCLUDING CASE STUDIES OF TECHNOLOGY PILOTS AND PROFILES OF NEW INNOVATION PRIORITIES.
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IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt1THE BOARD REGULARLY REVIEWS FINANCIAL AND ORGANIZATION DOCUMENTS TO MAKE THAT DETERMINATION.
IRS990ScheduleA/Form990ScheduleAPartVIGrp/FormAndLineReferenceDesc0PART IV, SECTION A, LINE 3C:
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IRS990ScheduleF/AccountActivitiesOutsideUSGrp/RegionTxt0EUROPE (INCLUDING ICELAND & GREENLAND)
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IRS990ScheduleF/AccountActivitiesOutsideUSGrp/SpecificServicesProvidedTxt1FUNDING PILOTS TO PROMOTE, CONDUCT & DEVELOP NEW WATER BASED TECHNOLOGIES
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IRS990ScheduleF/GrantsToOrgOutsideUSGrp/PurposeOfGrantTxt0PILOT WATER TECHNOLOGY
IRS990ScheduleF/GrantsToOrgOutsideUSGrp/PurposeOfGrantTxt1PILOT WATER TECHNOLOGY
IRS990ScheduleF/GrantsToOrgOutsideUSGrp/PurposeOfGrantTxt2PILOT WATER TECHNOLOGY
IRS990ScheduleF/GrantsToOrgOutsideUSGrp/RegionTxt0EAST ASIA AND THE PACIFIC
IRS990ScheduleF/GrantsToOrgOutsideUSGrp/RegionTxt1EUROPE (INCLUDING ICELAND & GREENLAND)
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IRS990ScheduleF/SupplementalInformationDetail/ExplanationTxt0PILOT PROJECTS ARE CONTINUALLY MONITORED AND THE END RESULTS ARE PUBLISHED AS A CASE STUDY FOR KNOWLEDGE SHARING. IN ADDITION, GRANTEES ARE SUBJECT TO REPORTING REQUIREMENTS PER THE AWARD CONTRACT.
IRS990ScheduleF/SupplementalInformationDetail/FormAndLineReferenceDesc0PART I, LINE 2:
IRS990ScheduleF/SupplementalInformationDetail/FormAndLineReferenceDesc1PART III ACCOUNTING METHOD:
IRS990ScheduleF/Total501c3OrgCnt00
IRS990ScheduleF/TotalEmployeeCnt00
IRS990ScheduleF/TotalOfficeCnt00
IRS990ScheduleF/TotalOtherOrgCnt05
IRS990ScheduleF/TotalSpentAmt0110384
IRS990ScheduleF/TransferToForeignCorpInd00
IRS990ScheduleI/GrantRecordsMaintainedInd01
IRS990ScheduleI/RecipientTable/CashGrantAmt021500
IRS990ScheduleI/RecipientTable/CashGrantAmt131599
IRS990ScheduleI/RecipientTable/NonCashAssistanceAmt00
IRS990ScheduleI/RecipientTable/NonCashAssistanceAmt10
IRS990ScheduleI/RecipientTable/NonCashAssistanceDesc0N/A
IRS990ScheduleI/RecipientTable/NonCashAssistanceDesc1N/A
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt0PILOT WATER TECHNOLOGY
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt1PILOT WATER TECHNOLOGY
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt0INVIZION
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt1IDEASCALE
IRS990ScheduleI/RecipientTable/RecipientEIN0463680551
IRS990ScheduleI/RecipientTable/RecipientEIN1272128891
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt01100 BETHEL VALLEY RD
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt1548 MARKET STREET SUITE 14277
IRS990ScheduleI/RecipientTable/USAddress/CityNm0OAKRIDGE
IRS990ScheduleI/RecipientTable/USAddress/CityNm1SAN FRANCISCO
IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd0TN
IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd1CA
IRS990ScheduleI/RecipientTable/USAddress/ZIPCd037830
IRS990ScheduleI/RecipientTable/USAddress/ZIPCd194104
IRS990ScheduleI/RecipientTable/ValuationMethodUsedDesc0FMV
IRS990ScheduleI/RecipientTable/ValuationMethodUsedDesc1FMV
IRS990ScheduleI/SupplementalInformationDetail/ExplanationTxt0GRANTEE COMPANIES WERE EVALUATED USING AN RFP PROCESS AND THE EXPECTED VIABILITY OF THEIR TECHNOLOGY POST PILOT. IN ADDITION, REPORTING REQUIREMENTS ARE PART OF THE AWARD CONTRACT.
IRS990ScheduleI/SupplementalInformationDetail/FormAndLineReferenceDesc0PART I, LINE 2:
IRS990ScheduleI/Total501c3OrgCnt00
IRS990ScheduleI/TotalOtherOrgCnt02
IRS990/ScheduleJRequiredInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0DRAFT COPY PROVIDED TO BOARD ELECTRONICALLY.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1NO OTHER DOCUMENTS AVAILABLE TO THE PUBLIC.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2MISCELLANEOUS: PROGRAM SERVICE EXPENSES 97,816. MANAGEMENT AND GENERAL EXPENSES 13,288. FUNDRAISING EXPENSES 26,084. TOTAL EXPENSES 137,188.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION B, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION C, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART IX, LINE 11G
IRS990ScheduleR/AssetExchangeInd00
IRS990ScheduleR/AssetPurchaseFromOtherOrgInd00
IRS990ScheduleR/AssetSaleToOtherOrgInd00
IRS990ScheduleR/DivRelatedOrganizationInd00
IRS990ScheduleR/GiftGrntCapContriFromOthOrgInd00
IRS990ScheduleR/GiftGrntOrCapContriToOthOrgInd00
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd00
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt0WATERSTART
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/EIN0464420637
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ExemptCodeSectionTxt0501(C)(6)
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/LegalDomicileStateCd0NV
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PrimaryActivitiesTxt0COMMERCIALIZATION OF WATER TECHNOLOGY
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/AddressLine1Txt01550 W HORIZON RIDGE PKWY 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/BusinessNameLine1Txt0WATERSTART
IRS990ScheduleR/TransactionsRelatedOrgGrp/TransactionTypeTxt0Q
IRS990ScheduleR/TransferFromOtherOrgInd00
IRS990ScheduleR/TransferToOtherOrgInd00
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/SubjectToExcsTaxNetInvstIncInd00
IRS990/SubjectToProxyTaxInd00
IRS990/SubjToTaxRmnrtnExPrchtPymtInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt0491988
IRS990/TotalAssetsEOYAmt0169704
IRS990/TotalAssetsGrp/BOYAmt0491988
IRS990/TotalAssetsGrp/EOYAmt0169704
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalContributionsAmt025350
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt026934
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt034927
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0285773
IRS990/TotalFunctionalExpensesGrp/TotalAmt0347634
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt00
IRS990/TotalLiabilitiesEOYAmt00
IRS990/TotalLiabilitiesGrp/BOYAmt00
IRS990/TotalLiabilitiesGrp/EOYAmt00
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0491988
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0169704
IRS990/TotalOtherCompensationAmt016679
IRS990/TotalProgramServiceExpensesAmt0285773
IRS990/TotalReportableCompFromOrgAmt00
IRS990/TotalRevenueGrp/ExclusionAmt00
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt00
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt025350
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt04
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt0491988
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt0169704
IRS990/TotReportableCompRltdOrgAmt076808
IRS990/TrnsfrExmptNonChrtblRltdOrgInd01
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd00
IRS990/UponRequestInd0X

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