Skip to content
Nonprofiteer
← COVA AGUA

Form 990 for tax year 2023

Filed by COVA AGUA.

Totals

Total revenue
$1,135,661
Total expenses
$1,038,435
Contributions and grants received
$566,911
Grants paid
$0
Program service revenue
$519,284
Investment income
$0
Other revenue
$49,466
Total assets, end of year
$748,454
Total liabilities, end of year
$196,270
Net assets or fund balances, end of year
$552,184
Program services expenses (Part IX)
$906,157
Management and general expenses
$12,853
Fundraising expenses
$119,425
Program service expenses (Part III)
$906,157

Program services were 87.3% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.

Line items

Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.

Revenue

Part VIII, the statement of revenue.

  • 1e · Government grants (contributions)

    $226,941

  • 1f · All other contributions, gifts and grants

    $339,970

  • 2a · Program service revenue: PROGRAM SERVICES

    total $519,284 · related or exempt $519,284

  • 10a · Gross sales of inventory

    $188,989

  • 10b · Cost of goods sold

    $139,523

  • 10c · Net income from sales of inventory

    total $49,466 · related or exempt $49,466

Functional expenses

Part IX, the statement of functional expenses.

  • 5 · Compensation of officers, directors and key employees

    total $148,599 · program services $84,945 · fundraising $63,654

  • 8 · Pension plan contributions

    total $44,385 · program services $44,385

  • 9 · Other employee benefits

    total $750 · program services $750

  • 10 · Payroll taxes

    total $65,581 · program services $39,816 · fundraising $25,765

  • 11a · Fees: management

    total $363,431 · program services $341,598 · management and general $951 · fundraising $20,882

  • 11b · Fees: legal

    total $2,917 · program services $2,318 · management and general $599

  • 11c · Fees: accounting

    total $6,165 · management and general $6,165

  • 12 · Advertising and promotion

    total $2,353 · fundraising $2,353

  • 13 · Office expenses

    total $56,477 · program services $53,588 · management and general $197 · fundraising $2,692

  • 14 · Information technology

    total $1,311 · management and general $1,311

  • 17 · Travel

    total $98,286 · program services $96,878 · fundraising $1,408

  • 19 · Conferences, conventions and meetings

    total $4,363 · program services $1,692 · fundraising $2,671

  • 22 · Depreciation, depletion and amortization

    total $4,710 · program services $4,710

  • 23 · Insurance

    total $3,502 · management and general $3,502

  • 24a · Other expenses: PROJECT EXPENSE

    total $231,093 · program services $231,093

  • 24b · Other expenses: BANK CHARGES

    total $4,512 · program services $4,384 · management and general $128

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $286,553 · end of year $213,990

  • 2 · Savings and temporary cash investments

    beginning of year $12,003 · end of year $58,792

  • 3 · Pledges and grants receivable

    end of year $44,744

  • 4 · Accounts receivable

    beginning of year $143,833 · end of year $245,116

  • 8 · Inventories for sale or use

    beginning of year $91,353 · end of year $151,203

  • 9 · Prepaid expenses and deferred charges

    beginning of year $802 · end of year $10,382

  • 10a · Land, buildings and equipment: cost or other basis

    $111,662

  • 10b · Land, buildings and equipment: accumulated depreciation

    $87,435

  • 10c · Land, buildings and equipment, net

    beginning of year $22,713 · end of year $24,227

  • 17 · Accounts payable and accrued expenses

    beginning of year $101,178 · end of year $96,270

  • 24 · Unsecured notes and loans payable

    end of year $100,000

  • 27 · Net assets without donor restrictions

    beginning of year $363,595 · end of year $434,837

  • 28 · Net assets with donor restrictions

    beginning of year $92,484 · end of year $117,347

Mission and programs · 2023

Mission

COVA AGUA IS A NONPROFIT SOCIAL ENTERPRISE THAT LEVERAGES MARKET-BASED SOLUTIONS TO PROVIDE RURAL FAMILIES IN CENTRAL AMERICA WITH ACCESS TO SAFE WATER AND OPPORTUNITIES TO GENERATE INCOME THROUGH SIMPLE TECHNOLOGY SOLUTIONS AND EDUCATION.

Activities or mission (Part I)

COVA IS BUILDING A HEALTHIER CENTRAL AMERICA THROUGH COMMUNITY-CENTERED SAFE WATER SOLUTIONS.

  • COVA BUILDS A HEALTHIER CENTRAL AMERICA THROUGH COMMUNITY-CENTERED, SAFE WATER SOLUTIONS. IN 2023, OUR SAFE DRINKING WATER PROGRAM HELPED 269,351 RURAL NICARAGUAN, HONDURAN, AND EL SALVADOREAN MEMBERS GAIN ACCESS TO SAFE DRINKING WATER SOLUTIONS. THROUGH OUR INNOVATIVE MARKET-BASED CIRCUIT RIDER MODEL, COVA IS EMPOWERING RURAL COMMUNITIES IN CENTRAL AMERICA TOWARDS SUSTAINABLE ACCESS TO SAFE DRINKING WATER, ALLOWING CHILDREN TO ATTEND SCHOOL, PARENTS TO CONTINUE WORKING, AND COMMUNITIES TO THRIVE. WITH AN ON-THE-GROUND STAFF IN NICARAGUA, HONDURAS, AND EL SALVADOR, COVA IS A LOCALLY MANAGED ORGANIZATION PARTNERING WITH 2,191 COMMUNITIES. BY PROVIDING EDUCATION OPPORTUNITIES AND BUILDING CAPACITY FOR SELF-SUSTAINING, EASY TO MAINTAIN, AND FINANCIALLY VIABLE WATER TREATMENT SOLUTIONS, COVA IS PROVIDING ACCESS TO SAFE DRINKING WATER TO 1.3 MILLION PEOPLE, WHILE ALLOWING COMMUNITIES TO BE ACTIVE PARTICIPANTS IN THE PROCESS.

    Expenses $906,157 · Revenue $708,274

As filed on the 2023 return. The filer continues this part on Schedule O, which is not shown here.

Listed in Part VII

  • Wesley Meier

    PRESIDENT & DIRECTOR

    Total calculated
    $90,000
    From this org
    $90,000
    From related orgs
    $0
    Other
    $0
    Hours/week
    50

  • Greg McGrath

    VICE PRESIDENT & DIRECTOR

    Total calculated
    $0
    Hours/week
    4

  • Katie Frank

    TREASURER & DIRECTOR

    Total calculated
    $0
    Hours/week
    4

  • Nick Wobbrock

    SECRETARY & DIRECTOR

    Total calculated
    $0
    Hours/week
    4

  • Frank Bergh

    BOARD CHAIR & DIRECTOR

    Total calculated
    $0
    Hours/week
    4

  • Alvaro Rodriguez

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2

  • Diana Calix

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2

  • Terry Gallagher

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2

  • Veronica Descotte

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2

  • Nicole Kelsey

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2

  • Caitlin Shields

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2

  • Jonathan Goldin

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2

Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those.

Grants on this return

No itemized grants to organizations on this return.

Provenance

Return type
form_990
Tax year
2023
Filed
26 July 2024
IRS schema version
2023v5.1
Source object
202432399349300968

Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.

The source document this was parsed from is served over the API, which is where bulk and document access live.