Civic Intelligence

Mighty Water

990EZ • Fiscal year 2020 • EIN 83-2328780

Jan 01, 2020 to Dec 31, 2020 • Filed on Feb 15, 2021

4931 Lindsey DriveBroomfield, CO 80023

(720) 491-7246

Siviq Scores

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

Liabilities / Assets

97th percentile

1.98x

Higher debt load relative to assets than 97% of similar nonprofits.

2020 filings • 501(c)3 • <$500k nonprofits • Source year 2020

Liabilities / Revenue

Score unavailable

No value available

Liabilities-to-revenue requires both liabilities and revenue on this filing.

Source year 2020

Net Margin

100th percentile

154%

Higher net margin than 100% of similar nonprofits.

2020 filings • 501(c)3 • <$500k nonprofits • Source year 2020

Top Officer Pay

76th percentile

$0

Higher top officer pay than 76% of similar nonprofits.

2020 filings • 501(c)3 • <$500k nonprofits • Source year 2020

Asset Growth

91st percentile

146%

Faster asset growth than 91% of similar nonprofits.

2020 filings • 501(c)3 • <$500k nonprofits • Annualized from 2019 to 2020

Revenue Growth

Score unavailable

No value available

A valid growth rate could not be computed from the available filing history.

Annualized from 2019 to 2020

Assets

Up

$3,333

Up $1,977 (+146%) from 2019

Net Assets

Down

-$3,265

Down $2,410 (-282%) from 2019

Liabilities

Up

$6,598

Up $4,387 (+198%) from 2019

Revenue

Down

-$1,570

Down $13,011 (-114%) from 2019

Expenses

Down

$840

Down $9,245 (-92%) from 2019

Net Income

Down

-$2,410

Down $3,766 (-278%) from 2019

Historical Trend

Balance Sheet Trend

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

$100K$50K$0-$50KAssets 2018: $100Liabilities 2018: $2,311Net Assets 2018: -$2,2112018Assets 2019: $1,356Liabilities 2019: $2,211Net Assets 2019: -$8552019Assets 2020: $3,333Liabilities 2020: $6,598Net Assets 2020: -$3,2652020Assets 2021: $43,658Liabilities 2021: $6,598Net Assets 2021: $37,0602021Assets 2022: $37,360Liabilities 2022: $0Net Assets 2022: $37,3602022Assets 2023: $68,605Liabilities 2023: $0Net Assets 2023: $68,6052023Assets 2024: $78,722Net Assets 2024: $78,7222024

Highlighted filing

2020

Assets$3,333
Liabilities$6,598
Net Assets-$3,265

Operations Trend

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

$100K$50K$0-$50KRevenue 2018: $100Expenses 2018: $2,311Net Income 2018: -$2,2112018Revenue 2019: $11,441Expenses 2019: $10,085Net Income 2019: $1,3562019Revenue 2020: -$1,570Expenses 2020: $840Net Income 2020: -$2,4102020Revenue 2021: $44,723Expenses 2021: $4,398Net Income 2021: $40,3252021Revenue 2022: $47,274Expenses 2022: $52,104Net Income 2022: -$4,8302022Revenue 2023: $64,904Expenses 2023: $33,659Net Income 2023: $31,2452023Revenue 2024: $92,059Expenses 2024: $81,942Net Income 2024: $10,1172024

Highlighted filing

2020

Revenue-$1,570
Expenses$840
Net Income-$2,410
Jump To
Filing Snapshot
Filing Period
Jan 1, 2020 to Dec 31, 2020
Signed
Feb 15, 2021
Return Version
2020v4.0
Gross Receipts
$5,825
Mission and Program Overview

Mission

Organization's purpose is to provide clean drinking water in 3rd world countries

Provide Clean Drinking Water 3rd World C

Program Services

DescriptionGrantsExpenses
Development of Portable Water Filtration Filters to use in third world countries who are in need of clean drinking water-$7,395
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Rogert L CabbagePresidentFT$0--
Filing and Contact Details

Filer

Filer Name
WTR For Life Inc
EIN
83-2328780
Address
4931 Lindsey Drive, Broomfield, CO 80023

Signing Officer

Name
Roger L Cabbage
Title
President
Phone
7204917246
Signed
2021-02-15
Discuss with paid preparer
No

Preparer

Firm
Quality Accounting Services LLC
Address
5485 Conestoga Ct Ste 110E, Boulder, CO 80301
Preparer
Pamela K Ping
Phone
3034439451
Supplemental Narrative

Additional Explanations

Description of other expenses Part I line 16

Description AmountState of CO 10Website Domain 216Merchant Fees 172Misc Fees 92

Description of total liabilities Part II line 26

Category Beginning of Year End of YearLoan for Start Up Expenses 2,211 6,598

Raw XML Appendix135 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

Path#Value
CompensationExplanation/CompensationExplanationGrp/PersonNm0Rogert L Cabbage
CompensationExplanation/CompensationExplanationGrp/ShortExplanationTxt0Once income starts coming into this entity the officer Roger Cabbage, at that time will take some kind of compensation. At this time only one small contribution was received for the 12 month period that the corporation was in existance.
IRS990EZ/ActivitiesNotPreviouslyRptInd0false
IRS990EZ/BooksInCareOfDetail/PersonNm0Roger L Cabbage
IRS990EZ/BooksInCareOfDetail/PhoneNum07204917246
IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt04931 Lindsey Street
IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0Broomfield
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0CO
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd080023
IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt01356
IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt03333
IRS990EZ/ChgMadeToOrgnzngDocNotRptInd0false
IRS990EZ/ContributionsGiftsGrantsEtcAmt05825
IRS990EZ/CostOfGoodsSoldAmt07395
IRS990EZ/DonorAdvisedFndsInd0false
IRS990EZ/EngagedInExcessBenefitTransInd0false
IRS990EZ/ExcessOrDeficitForYearAmt0-2410
IRS990EZ/FeesAndOtherPymtToIndCntrctAmt0350
IRS990EZ/FiledScheduleAInd0true
IRS990EZ/ForeignFinancialAccountInd0false
IRS990EZ/ForeignOfficeInd0false
IRS990EZ/Form1120PolFiledInd0false
IRS990EZ/Form990TotalAssetsGrp/BOYAmt01356
IRS990EZ/Form990TotalAssetsGrp/EOYAmt03333
IRS990EZ/GrossProfitLossSlsOfInvntryAmt0-7395
IRS990EZ/GrossReceiptsAmt05825
IRS990EZ/InfoInScheduleOPartIIInd0X
IRS990EZ/InfoInScheduleOPartIInd0X
IRS990EZ/LandAndBuildingsGrp/BOYAmt00
IRS990EZ/LandAndBuildingsGrp/EOYAmt00
IRS990EZ/LoansToFromOfficersAmt02211
IRS990EZ/LobbyingActivitiesInd0false
IRS990EZ/MadeLoansToFromOfficersInd0true
IRS990EZ/MethodOfAccountingCashInd0X
IRS990EZ/NetAssetsOrFundBalancesBOYAmt0-855
IRS990EZ/NetAssetsOrFundBalancesEOYAmt0-3265
IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt0-855
IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt0-3265
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt040.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0Rogert L Cabbage
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0President
IRS990EZ/OperateHospitalInd0false
IRS990EZ/Organization501c3Ind0X
IRS990EZ/OrganizationDissolvedEtcInd0false
IRS990EZ/OrganizationHadUBIInd0false
IRS990EZ/OtherAssetsTotalDetail/BOYAmt00
IRS990EZ/OtherAssetsTotalDetail/EOYAmt00
IRS990EZ/OtherExpensesTotalAmt0490
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt0NONE
IRS990EZ/PartVIOfCompOfHghstPdEmplTxt0NONE
IRS990EZ/PoliticalCampaignActyInd0false
IRS990EZ/PrimaryExemptPurposeTxt0Provide Clean Drinking Water 3rd World C
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0Development of Portable Water Filtration Filters to use in third world countries who are in need of clean drinking water
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt07395
IRS990EZ/ProhibitedTaxShelterTransInd0false
IRS990EZ/RelatedOrganizationCtrlEntInd0false
IRS990EZ/ScheduleBNotRequiredInd0X
IRS990EZ/SchoolOperatingInd0false
IRS990EZ/SubjectToProxyTaxInd0false
IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt02211
IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt06598
IRS990EZ/TanningServicesProvidedInd0false
IRS990EZ/TotalExpensesAmt0840
IRS990EZ/TotalProgramServiceExpensesAmt07395
IRS990EZ/TotalRevenueAmt0-1570
IRS990EZ/TransactionWithControlEntInd0false
IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990EZ/WebsiteAddressTxt0GA2030.org
IRS990ScheduleA/First5Years509Ind0X
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt05820
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt05441
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus2YearsAmt0100
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt011361
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportTotal509Amt011361
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt05820
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt05441
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt0100
IRS990ScheduleA/Total509Grp/TotalAmt011361
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt05820
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt05441
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt0100
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt00
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt011361
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BalanceDueAmt02211
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BoardOrCommitteeApprovalInd0false
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/DefaultInd0false
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/LoanFromOrganizationInd0X
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/LoanPurposeTxt0Start up
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/OriginalPrincipalAmt02211
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/PersonNm0Roger Cabbage
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/RelationshipWithOrgTxt0Officer Shareholder
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/WrittenAgreementInd0true
IRS990ScheduleL/TotalBalanceDueAmt02211
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0Description AmountState of CO 10Website Domain 216Merchant Fees 172Misc Fees 92
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1Category Beginning of Year End of YearLoan for Start Up Expenses 2,211 6,598
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Description of other expenses Part I line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Description of total liabilities Part II line 26
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/AuthenticationAssuranceLevelCd0AAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/IdentityAssuranceLevelCd0IAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/OOBSecurityVerificationCd000
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/TrustedCustomerCd00
ReturnHeader/BuildTS02022-09-23 18:48:47Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0false
ReturnHeader/BusinessOfficerGrp/PersonNm0Roger L Cabbage
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0President
ReturnHeader/BusinessOfficerGrp/PhoneNum07204917246
ReturnHeader/BusinessOfficerGrp/SignatureDt02021-02-15
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0WTR For Life Inc
ReturnHeader/Filer/BusinessNameControlTxt0WTRF
ReturnHeader/Filer/EIN0832328780
ReturnHeader/Filer/USAddress/AddressLine1Txt04931 Lindsey Drive
ReturnHeader/Filer/USAddress/CityNm0Broomfield
ReturnHeader/Filer/USAddress/StateAbbreviationCd0CO
ReturnHeader/Filer/USAddress/ZIPCd080023
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0Quality Accounting Services LLC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt05485 Conestoga Ct Ste 110E
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0Boulder
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0CO
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd080301
ReturnHeader/PreparerPersonGrp/PhoneNum03034439451
ReturnHeader/PreparerPersonGrp/PreparationDt02021-03-10
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0Pamela K Ping
ReturnHeader/PreparerPersonGrp/SelfEmployedInd0X
ReturnHeader/ReturnTs02021-03-10T09:22:54-05:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0Roger
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0Cabbage
ReturnHeader/TaxPeriodBeginDt02020-01-01
ReturnHeader/TaxPeriodEndDt02020-12-31
ReturnHeader/TaxYr02020

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Filings