Water4 Inc

EIN: 263260581 501(c)(3) Human Services

Oklahoma City, OK

Total Revenue
$11,863,945
Total Expenses
$8,488,712
Total Assets
$15,739,245
Net Assets
$14,145,547
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Financial Trends

Organization Details

Formation Year
2008
Legal Domicile
OK
Phone
4055518214
Tax Period
2024-01-01 to 2024-12-31

Water4 Inc, founded in 2008, is a mid-sized nonprofit in the Human Services sector that reported $11.9M in total revenue in fiscal year 2024. Revenue surged 26% from the prior year, signaling strong growth momentum. The organization ran a surplus of $3.4M, a strong 28% operating margin.

Mission

Founded in 2008, Water4 is a 501(c)(3) nonprofit headquartered in Oklahoma City, Okla., leveraging charity to scale durable market-based water businesses that create more: safe water access, economic opportunity, virtue, and purpose across Africa. (continued on Schedule O)

Program Service Accomplishments

Program 1
Expenses: $4,130,271

Our operations in Ghana deliver safe water services to communities in the Western, Central, Upper West, and Savanna Regions of Ghana. Water4 Enterprise, 4Ward Development West Africa (4WardWA) is a...

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Our operations in Ghana deliver safe water services to communities in the Western, Central, Upper West, and Savanna Regions of Ghana. Water4 Enterprise, 4Ward Development West Africa (4WardWA) is a wholly owned subsidiary of Water4 and offers a vertically integrated suite of water, sanitation and hygiene (WASH) services to customers. They provide ongoing access to water through NUMA piped water and pump insurance. In 2024, 4WardWA completed 57 new water systems, 4,700 household connections, 65 elevated towers, and over 250 km of pipeline successfully. 4Ward WA continues to impact 383,500 people with access to safe water and 18,114 people were provided with hygiene and sanitation training and opportunities to hear the Gospel. The majority of expenses went toward funding (payable by invoice) the installation of hardware involved in piped water systems and all associated infrastructure.

Program 2
Expenses: $1,202,545

Our operations in Uganda deliver safe water services to communities in the Mayuge, Kabarole and Keyenjojo Districts of Uganda. Water4 Enterprise, 4Ward Development East Africa (4WardEA) is a wholly...

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Our operations in Uganda deliver safe water services to communities in the Mayuge, Kabarole and Keyenjojo Districts of Uganda. Water4 Enterprise, 4Ward Development East Africa (4WardEA) is a wholly owned subsidiary of Water4 and offers a vertically integrated suite of water, sanitation and hygiene (WASH) services to customers. They provide ongoing access to water through NUMA piped water and pump insurance. In 2024, 4WardEA completed 7 new water systems, 11 elevated water storage towers, connected 1,116 household connections and over 154 km of pipeline successfully. 4Ward EA continues to impact 92,500 people with access to safe water, 17,487 safely managed piped water and 7,253 people were provided with hygiene and sanitation training and opportunities to hear the Gospel. The majority of expenses went toward funding (payable by invoice) the installation of hardware involved in piped water systems and all associated infrastructure.

Program 3
Expenses: $387,338

Our operations in Zambia deliver safe water services to communities in the Samfya and Chifunabuli Districts of Zambia. Water4 Enterprise, 4Ward Development Zambia (4WardZM) is a wholly owned...

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Our operations in Zambia deliver safe water services to communities in the Samfya and Chifunabuli Districts of Zambia. Water4 Enterprise, 4Ward Development Zambia (4WardZM) is a wholly owned subsidiary of Water4 that was acquired in 2023, and offers a vertically integrated suite of water, sanitation and hygiene (WASH) services to customers. They provide ongoing access to water through NUMA piped water and pump insurance. In 2024, 4WardZM completed 9 new water systems, 10 elevated storage towers, 498 household connections, and 55.5 km of distribution pipeline completed. 4Ward ZM continues to impact 120,000 people with access to safe water and 206,317 people were provided with hygiene and sanitation training and opportunities to hear the Gospel. The majority of expenses went toward funding (payable by invoice) the installation of hardware involved in piped water systems and all associated infrastructure.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $11,293,498
Program Service Revenue $0
Investment Income $302,722
Other Revenue $267,725
TOTAL REVENUE $11,863,945

Expense Breakdown

Grants Paid $4,598,462
Salaries & Benefits $2,422,160
Fundraising Expenses $1,460,186
Program Expenses $6,411,216
Other Expenses $1,468,090
TOTAL EXPENSES $8,488,712

Year-over-Year Comparison

2024 2023 Change
Revenue $11,863,945 $9,444,707 +0.3%
Expenses $8,488,712 $9,025,404 -0.1%
Net Income $3,375,233 $419,303 +7.0%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Governance

Voting Members
7
Independent Members
7
Employees
27
Volunteers
100

Governance Policies

Conflict of Interest Policy
Whistleblower Policy
Document Retention Policy

Special Practices & Reported Activities

Operated a School
Operated a Hospital
Provided First Class Travel
Reported Conflict of Interest
Reported Asset Diversion
Excess Benefit Transaction
Made Political Expenditures
Engaged in Lobbying
Operated Donor Advised Fund
Maintained Art Collections
Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
4
$605,408
Total Directors
7
$0
Key Employees
0
$0
Highest Compensated
2
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Richard C Greenly Board Chariman 1.0
Officer Director
$0 $0 $0
David Plemons Board member 1.0
Director
$0 $0 $0
David Woods Board member 1.0
Director
$0 $0 $0
Jason Trice Board member 1.0
Director
$0 $0 $0
Marty Grubbs Board member 1.0
Director
$0 $0 $0
Mary Lippert Board member 1.0
Director
$0 $0 $0
Michele Wymer Board member 1.0
Director
$0 $0 $0
Matthew Hangen President & CEO 40.0
Officer
$265,827 $85,809 $351,636
Richard Klopp Chief Revenue Officer & Secretary 40.0
Officer
$115,885 $10,744 $126,629
Richard R Webb Director of Finance 40.0
Officer
$117,690 $9,453 $127,143
John Campbell CEO of NUMA Sierra Leone 40.0
Highest
$137,721 $21,270 $158,991
Kacy Lowe Senior Director of Development 40.0
Highest
$131,860 $10,522 $142,382
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2025 No data No data No data No data
2024 $11,863,945 $8,488,712 $15,739,245 $3,375,233
2023 $9,444,707 $9,025,404 $12,646,040 $419,303
2022 $9,269,647 $8,253,036 $12,072,489 $1,016,611
2021 $9,385,972 $6,900,987 $7,308,719 $2,484,985
2020 $6,668,475 $6,195,578 $4,707,014 $472,897
2019 $5,826,084 $5,764,121 $4,387,099 $61,963
2018 $6,458,568 $6,134,818 $4,308,110 $323,750
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