FRESHWATER PROJECT INTERNATIONAL INC

EIN: 452809348 501(c)(3) Human Services

WHITEFISH, MT

Total Revenue
$517,874
Total Expenses
$589,805
Total Assets
$31,319
Net Assets
$31,319
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Financial Trends

Organization Details

Formation Year
2012
Legal Domicile
CO
Principal Officer
HEIDI RICKELS
Phone
3033587747
Tax Period
2024-01-01 to 2024-12-31

FRESHWATER PROJECT INTERNATIONAL INC, founded in 2012, is a small nonprofit in the Human Services sector that reported $518K in total revenue in fiscal year 2024. Revenue grew 17% year-over-year, indicating healthy expansion. Expenses of $590K exceeded revenue, resulting in a 14% operating deficit.

Mission

TO PROVIDE WATER AND SANITATION TO THE PEOPLE OF MALAWI.

Program Service Accomplishments

Program 1
Expenses: $26,476

WASH IN COMMUNITIES: MOST OF THE ORGANIZATION'S PROJECTS ARE CONCENTRATED IN THE RURAL AREAS OF MALAWI, IN COMMUNITIES WHERE ACCESS TO CLEAR WATER, SAFE SANITATION, AND HYGIENE INFORMATION IS A MAJOR...

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WASH IN COMMUNITIES: MOST OF THE ORGANIZATION'S PROJECTS ARE CONCENTRATED IN THE RURAL AREAS OF MALAWI, IN COMMUNITIES WHERE ACCESS TO CLEAR WATER, SAFE SANITATION, AND HYGIENE INFORMATION IS A MAJOR CHALLENGE. THIS YEAR, BECAUSE OF TROPICAL CYCLONE FREDDY IN EARLY MARCH, WE FOCUSED ON DISASTER RESPONSE EFFORTS TO COMMUNITIES. THIS INCLUDED THE DISTRIBUTION OF WATER AND HYGIENE SUPPLIES SUCH AS: WATER FILTERS, WATER STORAGE BUCKETS, BUCKETS WITH TAPS, PLASTIC HAND WASHING BASINS, AQUATABS, CHLORINE, AND MULTI-PURPOSE SOAP TABLETS. ADDITIONALLY, THEY INSTALLED ONE WELL AT MAGOMBO VILLAGE IN MBETA.

Program 2
Expenses: $105,904

WASH IN SCHOOLS: MANY SCHOOLS IN MALAWI LACK ACCESS TO CLEAN WATER AND SAFE SANITATION. STUDENTS AND TEACHERS MUST FETCH WATER FROM UNPROTECTED SOURCES THAT ARE OFTEN CONTAMINATED AND OFTEN ARE...

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WASH IN SCHOOLS: MANY SCHOOLS IN MALAWI LACK ACCESS TO CLEAN WATER AND SAFE SANITATION. STUDENTS AND TEACHERS MUST FETCH WATER FROM UNPROTECTED SOURCES THAT ARE OFTEN CONTAMINATED AND OFTEN ARE FORCED TO RELIEVE THEMSELVES IN THE BUSH. THIS EXPOSES THEM TO UNHYGIENIC PRACTICES AND OFTEN RESULTS IN WATER-RELATED DISEASE THAT IMPACTS THEIR SCHOOL ATTENDANCE. ADDITIONALLY, WHEN GIRLS REACH THE AGE OF PUBERTY, THEY OFTEN DROP OUT OF SCHOOL FOR LACK OF PRIVACY IN MENSTRUAL HYGIENE MANAGEMENT. THIS YEAR, THE ORGANIZATION UPGRADED WASH SYSTEMS AT FIVE SCHOOLS IN MALAWI.

Program 3
Expenses: $380,728

WASH IN HEALTH CENTERS: WHEN A HEALTH CENTER LACKS ACCESS TO CLEAN WATER, IT IS NEARLY IMPOSSIBLE FOR MEDICAL PROFESSIONALS TO PROVIDE HYGIENIC, SAFE CARE TO THEIR PATIENTS, MUCH TIME IS WASTED, AND...

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WASH IN HEALTH CENTERS: WHEN A HEALTH CENTER LACKS ACCESS TO CLEAN WATER, IT IS NEARLY IMPOSSIBLE FOR MEDICAL PROFESSIONALS TO PROVIDE HYGIENIC, SAFE CARE TO THEIR PATIENTS, MUCH TIME IS WASTED, AND SERVICES ARE OFTEN DELAYED. IN ZOMBA DISTRICT, THE ORGANIZATION AND PARTNERS UPGRADED WASH SYSTEMS AT 100% OF THE GOVERNMENT HEALTH CENTERS.

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Trantor Score

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

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $511,598
Program Service Revenue $0
Investment Income $0
Other Revenue $6,276
TOTAL REVENUE $517,874

Expense Breakdown

Grants Paid $0
Salaries & Benefits $25,900
Fundraising Expenses $0
Program Expenses $513,108
Other Expenses $563,905
TOTAL EXPENSES $589,805

Year-over-Year Comparison

2024 2023 Change
Revenue $517,874 $443,179 +0.2%
Expenses $589,805 $382,329 +0.5%
Net Income $-71,931 $60,850 -2.2%
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
4
Independent Members
3
Employees
N/A
Volunteers
15

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
2
$25,900
Total Directors
4
$25,900
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
HEIDI RICKELS BOARD CHAIR/ 30.00
Officer Director
$25,900 $0 $25,900
PHILIP WOLSTENHOLME DIRECTOR 10.00
Director
$0 $0 $0
DAVID HARTLEY TREASURER 10.00
Officer Director
$0 $0 $0
KATE ASHLEY DIRECTOR 1.00
Director
$0 $0 $0
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 $517,874 $589,805 $31,319 $-71,931
2023 $443,179 $382,329 $105,354 $60,850
2022 $310,960 $296,668 $47,504 $14,292
2021 $289,121 $262,215 $101,575 $26,906
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