Civic Intelligence

Water Finance Exchange Inc.

EIN 85-2636910 • 501(c)3 • Washington, DC

Pub. 78 Eligible

Profile

The water finance exchange's (wfx) objective is to significantly increase funding solutions in the u.s. Water, wastewater and stormwater systems, with emphasis on rural communities.

1455 Pennsylvania Avenue NW 400Washington, DC 20004-1017

www.waterfx.org

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

35th percentile

0.02x

Higher debt load relative to assets than 35% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Source year 2024

Liabilities / Revenue

33rd percentile

0.02x

Higher debt load relative to revenue than 33% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Source year 2024

Net Margin

86th percentile

41%

Higher net margin than 86% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Source year 2024

Top Officer Pay

Score unavailable

No value available

No filing with officer rows is available for this organization yet.

Asset Growth

93rd percentile

73%

Faster asset growth than 93% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Annualized from 2022 to 2024

Revenue Growth

98th percentile

392%

Faster revenue growth than 98% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Annualized from 2022 to 2024

Balance Sheet
Liabilities / Assets35th percentile

Assets

Down

$4,237,437

Down $446,935 (-9.5%) from 2023

Liabilities

Down

$66,183

Down $1,927,020 (-97%) from 2023

Net Assets

Up

$4,171,254

Up $1,480,085 (+55%) from 2023

Operations
Liabilities / Revenue33rd percentileNet Margin86th percentile

Revenue

Up

$3,611,496

Up $804,156 (+29%) from 2023

Expenses

Up

$2,131,411

Up $674,136 (+46%) from 2023

Net Income

Up

$1,480,085

Up $130,020 (+9.6%) from 2023

Trend Graphs

Balance Sheet Trend

Asset Growth93rd percentile

Grouped bars show assets, liabilities, and net assets across loaded filings.

$6.0M$4.0M$2.0M$0-$2.0MAssets 2020: $97,031Liabilities 2020: $101,718Net Assets 2020: -$4,6872020Assets 2021: $2,441,858Liabilities 2021: $3,545Net Assets 2021: $2,438,3132021Assets 2022: $1,414,154Liabilities 2022: $73,050Net Assets 2022: $1,341,1042022Assets 2023: $4,684,372Liabilities 2023: $1,993,203Net Assets 2023: $2,691,1692023Assets 2024: $4,237,437Liabilities 2024: $66,183Net Assets 2024: $4,171,2542024

Highlighted filing

2024

Assets$4,237,437
Liabilities$66,183
Net Assets$4,171,254
Open 2024 Filing

Operations Trend

Revenue Growth98th percentile

Revenue, expenses, and net income by year, with the latest filing highlighted.

$4.0M$2.0M$0-$2.0MRevenue 2020: $105,517Expenses 2020: $110,204Net Income 2020: -$4,6872020Revenue 2021: $2,923,959Expenses 2021: $480,959Net Income 2021: $2,443,0002021Revenue 2022: $149,293Expenses 2022: $1,246,502Net Income 2022: -$1,097,2092022Revenue 2023: $2,807,340Expenses 2023: $1,457,275Net Income 2023: $1,350,0652023Revenue 2024: $3,611,496Expenses 2024: $2,131,411Net Income 2024: $1,480,0852024

Highlighted filing

2024

Revenue$3,611,496
Expenses$2,131,411
Net Income$1,480,085
Open 2024 Filing

Filings

Most recent year

2024 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$4,237,437
Liabilities
$66,183
Net assets
$4,171,254
Revenue
$3,611,496
Expenses
$2,131,411
Net income
$1,480,085
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$4.24$0.07$4.17$3.61$2.13$1.48
2023Detailed filing. Detailed filing data is available for this year.$4.68$1.99$2.69$2.81$1.46$1.35
2022Detailed filing. Detailed filing data is available for this year.$1.41$0.07$1.34$0.15$1.25$1.10
2021Detailed filing. Detailed filing data is available for this year.$2.44$0.00$2.44$2.92$0.48$2.44
2020Detailed filing. Detailed filing data is available for this year.$0.10$0.10$0.00$0.11$0.11$0.00
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
Oct 20, 2025
Return Version
2024v5.2
Gross Receipts
$3,611,496
Mission and Program Overview

Mission

The water finance exchange's (wfx) objective is to significantly increase funding solutions in the u.s. Water, wastewater and stormwater systems, with emphasis on rural communities.

The water finance exchange's (wfx) mission is to help communities access funding, financing, and expertise to implement resilient, sustainable, and equitable water infrastructure solutions. Wfx serves as a neutral partner for communities to provide support from project conception to implementation. Wfx believes that new, innovative models are necessary to meet the needs of communities around the country. These strategies must be holistic, integrating affordable community financing with the stewardship of water resources.

Balance Sheet Detail
LineBeginningEndChange
Assets
Rtn Earn Endowment Incm Other Fnds$2,691,169$4,171,254▲ $1,480,085
Cash and Non-Interest-Bearing Accounts$2,752,254$3,616,134▲ $863,880
Pledges and Grants Receivable$1,900,000$305,832▼ $1,594,168
Other Notes and Loans Receivable, Net$8,000$287,730▲ $279,730
Prepaid Expenses and Deferred Charges$9,118$27,741▲ $18,623
Accounts Receivable$15,000--
Pd in Cap Srpls Land Bldg Eqp Fund$0$0→ $0
Cap Stk Tr Prin Current Funds$0$0→ $0
Total Assets$4,684,372$4,237,437▼ $446,935
Liabilities
Deferred Revenue$1,900,000--
Accounts Payable and Accrued Expenses$74,669$64,914▼ $9,755
Other Liabilities$18,534$1,269▼ $17,265
Total Liabilities$1,993,203$66,183▼ $1,927,020
Net Assets / Fund Balance
Total Net Assets Fund Balance$2,691,169$4,171,254▲ $1,480,085
Total Liabilities and Net Assets / Fund Balance$4,684,372$4,237,437▼ $446,935

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2024$1,289,589-▲ $49,872-$1,339,461
2023$1,002,068$250,000▲ $37,521-$1,289,589
2022$1,000,121-▲ $1,947-$1,002,068
2021-$1,000,000▲ $121-$1,000,121
Compensation and Service Providers
Top Officer PayScore unavailable

Employees

NameTitleFull / Part TimeBaseOtherTotal
Rogelio RodriguezDirector, TX InfrastructurFT$258,898$40,345$299,243
F Henry Habicht IiPresident & Ex. DirectorPT$245,000-$245,000

Board Members and Trustees

NameTitle
Adam KrantzBoard Member
Jennifer KurzBoard Member
Laura HuffmanBoard Member
Monica EllisBoard Member
Usha Rao-monariBoard Member
William TeichmillerBoard Member
Brent FewellSecretary
Brendan McginnisTreasurer

Highest Paid Contractors

ContractorServicesLocationCompensation
Earth & Water StrategiesPolicy Consulting1455 PENNSYLVANIA AVE NW STE 400, Washington, DC 20004-1017$341,098
-Leadership Services And Consulting900 BISON TRAIL, Dallas, TX 75208$245,000
Revenue and Support

Revenue Composition

Contributions and Grants
$3,515,792
Program Service Revenue
$5,832
Investment Income
$89,872
Other Revenue
$0
All Other Contributions
$3,515,792
Change in Net Assets
$1,480,085
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$1,238,430
Salaries, Compensation, and Employee Benefits$892,981
Total Fundraising Expense$65,860
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Fees for Services Other$874,411$4,398$27,693$906,502
Other Salaries and Wages$384,940$54,991$18,330$458,261
Current Officers, Directors, Trustees, and Key Employees$205,800$29,400$9,800$245,000
Travel$138,893$46,600$2,448$187,941
Other Employee Benefits$94,547$13,507$4,502$112,556
Fees for Services Accounting-$52,988-$52,988
Payroll Taxes$42,943$6,135$2,045$51,123
Pension Plan Contributions$21,874$3,125$1,042$26,041
Fees for Services Legal$18,000--$18,000
Office Expenses$5,866$11,057-$16,923
Insurance$10,139$1,383-$11,522
Occupancy$600$10,823-$11,423
Advertising-$2,700-$2,700
All Other Expenses$136$2,265-$2,401
Other Expenses$5,270$1,113-$1,113
Total Functional Expenses$1,815,774$249,777$65,860$2,131,411
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Payroll Liabilities$1,269
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
Yes
Annual disclosure for covered persons
Yes
Audit committee
Yes
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

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

“Board reviews and approves form 990 for filing”

Form 990, Part VI, Section B, Line 12C

“During routine meetings of its directors, wfx policy requires each director to disclose potential conflicts of interest, in addition to signing a conflict of interest agreement on an annual basis.”

Form 990, Part VI, Section C, Line 19

“The organization makes its governing documents and conflicts of interest policy available upon request.”

Filing and Contact Details

Filer

Filer Name
Water Finance Exchange Inc
EIN
85-2636910
Phone
6188066864
Address
1455 PENNSYLVANIA AVENUE NW 400, WASHINGTON, DC 20004-1017

Signing Officer

Name
Brendan Mcginnis
Title
Treasurer
Phone
6188066864
Signed
2025-10-20
Discuss with paid preparer
Yes

Organization Details

Principal Officer
F Henry Habicht
Formed
2020
Legal Domicile
De
Voting Board Members
8
Independent Board Members
6
Employees
8
Volunteers
0

Preparer

Firm
Councilor Buchanan & Mitchell Pc
Address
7910 WOODMONT AVE STE 500, BETHESDA, MD 20814
Preparer
Richard E Morris
Phone
3019860600
Supplemental Narrative

Additional Explanations

Officer Compensation

“Brent fewell receives compensation from earth & water strategies, llc, 1455 pennsylvania avenue, n.w. Suite 400, washington dc 20004 in connection with his position as secretary of the board and his time devoted to water finance exchange. The amount is $214,167. This amount is included in the dollar figure reported on page 8, part vii, section b, payments to independent contractors. Brendan mcginnis, treasurer, is also compensated for his time and effort devoted to water finance exchange from earth & water strategies, llc. The amount is $153,500. This amount is also included in the dollar figure reported on page 8 of the form 990, part vii, section b, payments to independent contractors.”

Form 990, Part IX, Line 11G

“Contractors: program service expenses 874,411. Management and general expenses 2,151. Fundraising expenses 27,693. Total expenses 904,255. Payroll services: program service expenses 0. Management and general expenses 2,247. Fundraising expenses 0. Total expenses 2,247.”

Financial Statement Notes

PART V, LINE 4:

“Wfx's flexible pre-development funds offer forgivable loans to communities up to $250,000 and may be utilized to address financing roadblocks or serve as bridge loans. Wfx can quickly deploy funds to help complete catalytic tasks to advance infrastructure solutions. Wfx has established a pre-development fund that is focused specifically on texas. The existing balance, excluding outstanding loans is $850,051 wfx has also established a national pre-development fund specifically for rural water systems throughout the us. The existing balance is $269,052. The balance of loans receivable is $220,358.”

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IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembersOrStockholdersInd00
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd01
IRS990/MinutesOfGoverningBodyInd01
IRS990/MissionDesc0THE WATER FINANCE EXCHANGE'S (WFX) OBJECTIVE IS TO SIGNIFICANTLY INCREASE FUNDING SOLUTIONS IN THE U.S. WATER, WASTEWATER AND STORMWATER SYSTEMS, WITH EMPHASIS ON RURAL AND DISADVANTAGED COMMUNITIES.
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/NetAssetsOrFundBalancesBOYAmt02691169
IRS990/NetAssetsOrFundBalancesEOYAmt04171254
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NondeductibleContributionsInd00
IRS990/OccupancyGrp/ManagementAndGeneralAmt010823
IRS990/OccupancyGrp/ProgramServicesAmt0600
IRS990/OccupancyGrp/TotalAmt011423
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt011057
IRS990/OfficeExpensesGrp/ProgramServicesAmt05866
IRS990/OfficeExpensesGrp/TotalAmt016923
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrgDoesNotFollowFASB117Ind0X
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherEmployeeBenefitsGrp/FundraisingAmt04502
IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt013507
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt094547
IRS990/OtherEmployeeBenefitsGrp/TotalAmt0112556
IRS990/OtherExpensesGrp/Desc0SPONSORSHIPS
IRS990/OtherExpensesGrp/Desc1SUBSCRIPTIONS & FEES
IRS990/OtherExpensesGrp/Desc2PRE DEVELOPMENT GRANTS
IRS990/OtherExpensesGrp/Desc3BANK FEES
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt03082
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt16210
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt21113
IRS990/OtherExpensesGrp/ProgramServicesAmt09967
IRS990/OtherExpensesGrp/ProgramServicesAmt12388
IRS990/OtherExpensesGrp/ProgramServicesAmt25270
IRS990/OtherExpensesGrp/TotalAmt013049
IRS990/OtherExpensesGrp/TotalAmt18598
IRS990/OtherExpensesGrp/TotalAmt25270
IRS990/OtherExpensesGrp/TotalAmt31113
IRS990/OtherLiabilitiesGrp/BOYAmt018534
IRS990/OtherLiabilitiesGrp/EOYAmt01269
IRS990/OtherSalariesAndWagesGrp/FundraisingAmt018330
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt054991
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt0384940
IRS990/OtherSalariesAndWagesGrp/TotalAmt0458261
IRS990/OthNotesLoansReceivableNetGrp/BOYAmt08000
IRS990/OthNotesLoansReceivableNetGrp/EOYAmt0287730
IRS990/PartialLiquidationInd00
IRS990/PayPremiumsPrsnlBnftCntrctInd00
IRS990/PayrollTaxesGrp/FundraisingAmt02045
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt06135
IRS990/PayrollTaxesGrp/ProgramServicesAmt042943
IRS990/PayrollTaxesGrp/TotalAmt051123
IRS990/PdInCapSrplsLandBldgEqpFundGrp/BOYAmt00
IRS990/PdInCapSrplsLandBldgEqpFundGrp/EOYAmt00
IRS990/PensionPlanContributionsGrp/FundraisingAmt01042
IRS990/PensionPlanContributionsGrp/ManagementAndGeneralAmt03125
IRS990/PensionPlanContributionsGrp/ProgramServicesAmt021874
IRS990/PensionPlanContributionsGrp/TotalAmt026041
IRS990/PledgesAndGrantsReceivableGrp/BOYAmt01900000
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt0305832
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt09118
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt027741
IRS990/PrincipalOfficerNm0F HENRY HABICHT
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0900099
IRS990/ProgramServiceRevenueGrp/Desc0CONSULTING SERVICES
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt05832
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt05832
IRS990/ProgSrvcAccomActy2Grp/Desc0PROJECT DEVELOPMENT. WFX DOES NOT INTEND TO BE A PRIMARY FUNDER OF WATER INFRASTRUCTURE; RATHER, ITS FINANCE ACTIVITIES ARE NARROWLY DESIGNED TO FILL COMMUNITY GAPS THAT ARE PREVENTING FULL FINANCING FROM OCCURRING. WFX CONNECTS COMMUNITIES TO THE RIGHT EXPERTISE AND ACCESSIBLE FINANCIAL RESOURCES WHICH HELP TO SUPPORT PRE-DEVELOPMENT AND DE-RISK PROJECTS.
IRS990/ProgSrvcAccomActy2Grp/ExpenseAmt0605258
IRS990/ProgSrvcAccomActy3Grp/Desc0PARTNERSHIP DEVELOPMENT (FACILITATE INVESTMENT AND BUILD SELF-SUPPORTING NETWORKS). WFX BELIEVES THAT IT CAN SUPPORT THE EFFORTS OF SMALLER COMMUNITIES TO ACCESS FUNDING BY ASSEMBLING THE NEEDED EXPERTISE, BUILD TRUSTED RELATIONSHIPS WITH COMMUNITIES, COMPLETE PROJECTS, AND LEARN AND DISSEMINATE INFORMATION ABOUT RECURRING ISSUES AND SOLUTIONS THAT ALLOW FOR SCALING-UP FUNDING OF SIMILARLY SITUATED COMMUNITIES AND REGIONAL INITIATIVES THAT WOULD OTHERWISE BE UNAVAILABLE. WFX WILL CONTINUE TO SERVE AS A NATIONAL PLATFORM TO ACCELERATE THE ADOPTION OF BEST PRACTICES, INCREASE THE ABILITY OF SMALLER COMMUNITIES TO ACCESS FINANCING, AND CLOSE THE WATER INFRASTRUCTURE EQUITY GAP FOR SMALL AND RURAL COMMUNITIES.
IRS990/ProgSrvcAccomActy3Grp/ExpenseAmt0605258
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt02745055
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt054075
IRS990/PYOtherExpensesAmt0579727
IRS990/PYOtherRevenueAmt00
IRS990/PYProgramServiceRevenueAmt08210
IRS990/PYRevenuesLessExpensesAmt01350065
IRS990/PYSalariesCompEmpBnftPaidAmt0877548
IRS990/PYTotalExpensesAmt01457275
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt02807340
IRS990/QuidProQuoContributionsInd00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990/ReconcilationRevenueExpnssAmt01480085
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd01
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd00
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd01
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt05832
IRS990/RtnEarnEndowmentIncmOthFndsGrp/BOYAmt02691169
IRS990/RtnEarnEndowmentIncmOthFndsGrp/EOYAmt04171254
IRS990ScheduleA/First5Years170Ind0X
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt03515792
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt02745055
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt0132500
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt02887579
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt0101250
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt09382176
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt089872
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt054075
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt01947
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt0121
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt0146015
IRS990ScheduleA/GrossReceiptsRltdActivitiesAmt069414
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportTotal170Amt02916441
IRS990ScheduleA/SubstantialContributorsTotAmt06465735
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt03515792
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt02745055
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt0132500
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt02887579
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt0101250
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt09382176
IRS990ScheduleA/TotalSupportAmt09528191
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/ScheduleBRequiredInd01
IRS990ScheduleD/BoardDesignatedBalanceEOYPct01.00000
IRS990ScheduleD/CYEndwmtFundGrp/BeginningYearBalanceAmt01289589
IRS990ScheduleD/CYEndwmtFundGrp/EndYearBalanceAmt01339461
IRS990ScheduleD/CYEndwmtFundGrp/InvestmentEarningsOrLossesAmt049872
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/BeginningYearBalanceAmt01002068
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/ContributionsAmt0250000
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/EndYearBalanceAmt01289589
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt037521
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/BeginningYearBalanceAmt01000121
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/EndYearBalanceAmt01002068
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt01947
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/ContributionsAmt01000000
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/EndYearBalanceAmt01000121
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt0121
IRS990ScheduleD/EndowmentsHeldRelatedOrgInd00
IRS990ScheduleD/EndowmentsHeldUnrelatedOrgInd00
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt01269
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0PAYROLL LIABILITIES
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0WFX'S FLEXIBLE PRE-DEVELOPMENT FUNDS OFFER FORGIVABLE LOANS TO COMMUNITIES UP TO $250,000 AND MAY BE UTILIZED TO ADDRESS FINANCING ROADBLOCKS OR SERVE AS BRIDGE LOANS. WFX CAN QUICKLY DEPLOY FUNDS TO HELP COMPLETE CATALYTIC TASKS TO ADVANCE INFRASTRUCTURE SOLUTIONS. WFX HAS ESTABLISHED A PRE-DEVELOPMENT FUND THAT IS FOCUSED SPECIFICALLY ON TEXAS. THE EXISTING BALANCE, EXCLUDING OUTSTANDING LOANS IS $850,051 WFX HAS ALSO ESTABLISHED A NATIONAL PRE-DEVELOPMENT FUND SPECIFICALLY FOR RURAL WATER SYSTEMS THROUGHOUT THE US. THE EXISTING BALANCE IS $269,052. THE BALANCE OF LOANS RECEIVABLE IS $220,358.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0PART V, LINE 4:
IRS990ScheduleD/TotalBookValueLandBuildingsAmt00
IRS990ScheduleD/TotalLiabilityAmt01269
IRS990ScheduleJ/AnyNonFixedPaymentsInd00
IRS990ScheduleJ/CompBasedOnRevenueOfFlngOrgInd00
IRS990ScheduleJ/CompBsdNetEarnsFlngOrgInd00
IRS990ScheduleJ/CompBsdNetEarnsRltdOrgsInd00
IRS990ScheduleJ/CompBsdOnRevRelatedOrgsInd00
IRS990ScheduleJ/EquityBasedCompArrngmInd00
IRS990ScheduleJ/InitialContractExceptionInd00
IRS990/ScheduleJRequiredInd01
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt0258898
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt1245000
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt20
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt30
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusFilingOrganizationAmount00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusFilingOrganizationAmount10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusFilingOrganizationAmount20
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusFilingOrganizationAmount30
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusRelatedOrganizationsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusRelatedOrganizationsAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusRelatedOrganizationsAmt20
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusRelatedOrganizationsAmt30
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompensationBasedOnRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompensationBasedOnRltdOrgsAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompensationBasedOnRltdOrgsAmt2214167
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompensationBasedOnRltdOrgsAmt3153500
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990FilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990FilingOrgAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990FilingOrgAmt20
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990FilingOrgAmt30
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990RltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990RltdOrgsAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990RltdOrgsAmt20
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990RltdOrgsAmt30
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompensationFlngOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompensationFlngOrgAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompensationFlngOrgAmt20
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompensationFlngOrgAmt30
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompRltdOrgsAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompRltdOrgsAmt20

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