WATER FOUNDATION (EIN 371833985) - Form 990 Financial Analysis & Trantor Score

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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year

2016

Legal Domicile

Principal Officer

ALLISON HARVEY TURNER

Phone

9164143310

Tax Period

2023-01-01 to 2023-12-31

WATER FOUNDATION, founded in 2016, is a mid-sized nonprofit in the Environment sector that reported $19.5M in total revenue in fiscal year 2023. Revenue fell 25% from the prior year — a significant decline worth monitoring. Expenses of $21.9M exceeded revenue, resulting in a 12% operating deficit.

Mission

SECURE SAFE WATER FOR PEOPLE, RESTORE AND SUSTAIN FRESHWATER ECOSYSTEMS, BUILD CLIMATE RESILIENCE.

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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%)

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $18,972,038

Program Service Revenue $0

Investment Income $339,689

Other Revenue $166,140

TOTAL REVENUE $19,477,867

Expense Breakdown

Grants Paid $13,577,544

Salaries & Benefits $3,997,549

Fundraising Expenses $99,153

Program Expenses $20,408,221

Other Expenses $4,284,708

TOTAL EXPENSES $21,859,801

Year-over-Year Comparison

	2023	2022	Change
Revenue	$19,477,867	$25,984,608	-0.3%
Expenses	$21,859,801	$16,681,548	+0.3%
Net Income	$-2,381,934	$9,303,060	-1.3%

Key Indicators

✓ Grants to Organizations ✗ Grants to Individuals ✓ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✓ Schedule B Required

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Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Governance

Voting Members

Independent Members

Employees

Volunteers

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

$640,816

Total Directors

$379,202

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
JIM LOCHHEAD	CHAIRMAN, PRESIDENT	1.00	Officer Director	$0	$0	$0
CELESTE CANTU	VICE CHAIR	1.00	Officer Director	$0	$0	$0
LAURIE DACHS	SECRETARY	1.00	Officer Director	$0	$0	$0
DAVID BECKMAN	DIRECTOR	1.00	Director	$0	$0	$0
JOHN ECHOHAWK	DIRECTOR	1.00	Director	$0	$0	$0
HAHRIE HAN	DIRECTOR	1.00	Director	$0	$0	$0
MOIRA MCDONALD	DIRECTOR	1.00	Director	$0	$0	$0
PETER SILVA	DIRECTOR	1.00	Director	$0	$0	$0
AMY CORDALIS	DIRECTOR	1.00	Director	$0	$0	$0
JOSE PADILLA	DIRECTOR	1.00	Director	$0	$0	$0
ALLISON HARVEY TURNER	CHIEF EXECUTIVE OFFICER	37.50	Officer Director	$323,526	$55,676	$379,202
LIZETTE LECLERC	DIRECTOR OF FINANCE AND OPERATIONS	37.50	Officer	$233,217	$28,397	$261,614
JENNIFER SOKOLOVE	DIRECTOR OF PROGRAMS & STRATEGY	37.50	Highest	$220,210	$39,200	$259,410
NICOLE VERHOFF	DIRECTOR OF STRATEGIC PARTNERSHIPS	37.50	Highest	$209,943	$38,689	$248,632
ANDREW FAHLUND	SENIOR PROGRAM OFFICER	37.50	Highest	$205,516	$25,754	$231,270
MARISSA CHRISTIANSEN	WATER TABLE DIRECTOR	37.50	Highest	$176,883	$21,494	$198,377
ELIZABETH SODERSTROM	SENIOR PROGRAM OFFICER	37.50	Highest	$167,076	$24,800	$191,876

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
2024	No data	No data	No data	No data
2023	$19,477,867	$21,859,801	$31,729,509	$-2,381,934
2022	$25,984,608	$16,681,548	$31,142,344	$9,303,060
2021	$14,837,978	$11,919,544	$24,031,910	$2,918,434
2020	$15,010,145	$11,484,390	$19,586,632	$3,525,755
2019	$14,403,936	$10,814,124	$14,977,246	$3,589,812
2018	$9,278,677	$11,555,563	$11,990,978	$-2,276,886

WATER FOUNDATION