Water Underground

EIN: 471938005 501(c)(3) International Affairs

Long Beach, CA

Total Revenue
$293,103
Total Expenses
$184,858
Total Assets
$108,165
Net Assets
$108,248
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2015
Legal Domicile
CA
Phone
5623430280
Tax Period
2024-01-01 to 2024-12-31

Water Underground, founded in 2015, is a small nonprofit in the International Affairs sector that reported $293K in total revenue in fiscal year 2024. Revenue surged 229% from the prior year, signaling strong growth momentum. The organization ran a surplus of $108K, a strong 37% operating margin.

Mission

Water Underground believes that every human being deserves access to lifes most basic necessity - clean water. Our mission is to use access to clean water sanitation and hygiene as the building blocks to enable communities in the most vulnerable rural areas of Mozambique to lift themselves out of poverty and launch themselves into development. We equip communities with the education and quality infrastructure they need to become empowered and take ownership of the communitys future.

Program Service Accomplishments

Program 1
Expenses: $44,619 Revenue: $44,619

Core Program Infrastructure costs cover the installation of water wells and solar projects $34,598 and all aspects of our Sanitation and Hygiene Program $10,021. Projects are focused on schools in...

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Core Program Infrastructure costs cover the installation of water wells and solar projects $34,598 and all aspects of our Sanitation and Hygiene Program $10,021. Projects are focused on schools in rural villages in Massinga District Inhambane Province Mozambique. In addition to providing clean water through well and solar projects latrine projects involve establishing a school sanitation center with a handwashing station and a menstrual hygiene room. A four-month community training program involving students comprehensively addresses all program components. This training encompasses Community-Led Total Sanitation CLTS to help communities achieve Open Defecation Free status.

Program 2
Expenses: $17,217 Revenue: $17,217

Monitoring and evaluation including community engagement are crucial for ensuring the sustainability of our projects. Our team conducts regular visits to communities to oversee project maintenance...

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Monitoring and evaluation including community engagement are crucial for ensuring the sustainability of our projects. Our team conducts regular visits to communities to oversee project maintenance. Costs include team training $2,208 equipment purchase and transport $937 and petrol expenses $14,072.

Program 3
Expenses: $17,345 Revenue: $17,345

Program Logistics and Equipment encompass all expenses related to accomplishing our program objectives. The cost breakdown includes Petrol $1,605 automobile servicing and repairs $5,083 Field...

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Program Logistics and Equipment encompass all expenses related to accomplishing our program objectives. The cost breakdown includes Petrol $1,605 automobile servicing and repairs $5,083 Field Equipment $9,156 and team necessities and supplies in the field $1,501.

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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 $293,103
Program Service Revenue $0
Investment Income $0
Other Revenue $0
TOTAL REVENUE $293,103

Expense Breakdown

Grants Paid $0
Salaries & Benefits $47,941
Fundraising Expenses $5,722
Program Expenses $141,227
Other Expenses $135,837
TOTAL EXPENSES $184,858

Year-over-Year Comparison

2024 2023 Change
Revenue $293,103 $89,056 +2.3%
Expenses $184,858 $102,772 +0.8%
Net Income $108,245 $-13,716 -8.9%
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

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Liquidity & Cash Position

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

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Governance

Voting Members
4
Independent Members
3
Employees
N/A
Volunteers
3

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
1
$46,250
Total Directors
3
$0
Key Employees
1
$46,250
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Justin Arana Founder CEO Director 40.00
Officer Key Emp
$46,250 $0 $46,250
Jeff Dawson Board Member 1.00
Director
$0 $0 $0
Margaux Fitoussi Board Member 1.00
Director
$0 $0 $0
Cindy Arana Bookkeeper 4.00
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 $293,103 $184,858 $108,165 $108,245
2021 $171,387 $185,309 $20,917 $-13,922
2020 $199,212 $231,476 $33,648 $-32,264
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