2025-10-27T15:04:03-05:00 2024-12-31 621199757 LBMC PC 325 WEST MAIN STREET STE 1600 LOUISVILLE KY 40202 990 2024-01-01 611262016 WATERSTEP INC WATE 5025686342 625 MYRTLE STREET LOUISVILLE KY 40208 MARK HOGG CHIEF EXECUTIVE OFFICER 5025686342 2025-10-07 1 0 ABIGAIL CAMPBELL P01296738 5025851600 2024 2025-03-06 01:10:19Z MARK HOGG 625 MYRTLE STREET LOUISVILLE KY 40208 3139929 0 X WWW.WATERSTEP.ORG X 1995 KY WATERSTEP EMPOWERS INDIVIDUALS AND COMMUNITIES TO MEET THEIR OWN WATER NEEDS. 15 15 22 2000 0 0 2470238 1563351 0 0 13102 24844 288233 1099259 2771573 2687454 0 0 0 0 915034 1364569 0 0 329773 1016029 1262806 1931063 2627375 840510 60079 2568288 2691372 321741 384746 2246547 2306626 WATERSTEP FOCUSES ON PROVIDING SAFE WATER, SANITATION, AND HYGIENE SOLUTIONS TO COMMUNITIES IN NEED AROUND THE WORLD. ITS MISSION IS ROOTED IN THE BELIEF THAT SAFE WATER IS A BASIC HUMAN RIGHT AND A CRITICAL FOUNDATION FOR HEALTH, EDUCATION, AND ECONOMIC DEVELOPMENT. 0 0 1983911 1016769 IN 2024, WATERSTEP ADVANCED ITS MISSION TO SAVE LIVES THROUGH SAFE WATER BY EQUIPPING COMMUNITIES WITH SUSTAINABLE TOOLS, TRAINING, AND TECHNOLOGIES. THROUGH THE DEPLOYMENT OF MORE THAN 107 WATER PURIFICATION SYSTEMS AND 328 BLEACHMAKERS, THE REPAIR OF 11 BROKEN WELLS, AND HYGIENE TRAINING FOR OVER 523 LOCAL LEADERS, WATERSTEP HELPED PROVIDE SAFE WATER AND SANITATION TO AN ESTIMATED 3.3+ MILLION PEOPLE ACROSS 17 COUNTRIES. BY FOCUSING ON SCALABLE SOLUTIONS AND COMMUNITY EMPOWERMENT, WATERSTEP ENSURES LONG-TERM IMPACT, IMPROVING HEALTH OUTCOMES AND RESTORING DIGNITY IN SOME OF THE WORLD'S MOST VULNERABLE REGIONS. ADDITIONALLY, 33 WOW CARTS WERE SOLD, FURTHER EXTENDING WATERSTEP'S REACH AND IMPACT. 1983911 1 1 0 0 0 0 0 0 0 0 1 0 0 0 0 1 1 0 0 0 1 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 10 0 1 22 1 0 0 0 0 0 1 1 0 0 0 0 0 0 X 15 15 0 0 0 0 0 0 0 1 0 0 0 1 1 1 1 1 1 1 1 0 KY X X SHERRI HAMILTON 5025686342 625 MYRTLE ST LOUISVILLE KY 40208 RAHUL BAWA PRESIDENT 1.00 X X 0 0 0 ERIKA BROWN VICE PRESIDENT 1.00 X X 0 0 0 LARRY SNYDER TREASURER 1.00 X X 0 0 0 GARRISON COX SECRETARY 1.00 X X 0 0 0 VAUGHN BELL BOARD MEMBER 1.00 X 0 0 0 GREG HEITZMAN BOARD MEMBER 1.00 X 0 0 0 CHELSEA RUEFF BOARD MEMBER 1.00 X 0 0 0 RAY DICKISON BOARD MEMBER 1.00 X 0 0 0 SHARISE HORNE BOARD MEMBER 1.00 X 0 0 0 NATALIE RIDER BOARD MEMBER 1.00 X 0 0 0 KEITH PHILLIPS BOARD MEMBER 1.00 X 0 0 0 MARK KIRCHDORFER BOARD MEMBER 1.00 X 0 0 0 SCOTT HANER BOARD MEMBER 1.00 X 0 0 0 JEREMY RANEY BOARD MEMBER 1.00 X 0 0 0 BILL ZOELLER BOARD MEMBER 1.00 X 0 0 0 MARK HOGG CEO & FOUNDER 40.00 X 110000 0 18179 SHERRI HAMILTON FINANCE DIRECTOR 40.00 X 69447 0 7953 179447 0 26132 1 0 0 0 0 43005 1520346 2112 1563351 24844 24844 37800 0 37800 37800 37800 91908 43005 47218 44690 44690 1415106 405257 1009849 1009849 OTHER INCOME 900099 6920 6920 6920 2687454 1016769 0 107334 205579 131934 29008 44637 1011610 647065 194178 170367 75296 46283 17539 11474 72084 44897 11957 15230 23993 1150 22843 25992 24691 521 780 104499 72225 32274 145695 104085 20877 20733 66681 53345 6668 6668 38770 36833 774 1163 106618 91201 1462 13955 18698 11219 7479 9879 9385 198 296 107533 102212 2128 3193 29696 23024 5382 1290 SAFE WATER MISSIONS-PRO 374287 373897 156 234 SAFE WATER MISSIONS-SUP 210465 210465 2627375 1983911 313691 329773 1275269 227151 962203 88496 2462 326951 296970 19823 57743 1958074 837668 818676 1120406 14073 12984 25000 11453 2568288 2691372 77228 157283 244513 227463 321741 384746 X 2126363 2035742 120184 270884 2246547 2306626 2568288 2691372 60079 0 X 0 1 X 1 0 X 1040281 1229247 1261277 2470238 1563351 7564394 1040281 1229247 1261277 2470238 1563351 7564394 245591 7318803 25800 28029 24655 47996 62644 189124 35949 61242 106438 88192 98828 390649 8144167 2405853 0.89870 0.93990 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 40320 40320 1217850 465870 751980 65515 4368 61147 589795 367430 222365 44594 44594 1120406 X 3167801 75090 405257 480347 2687454 0 2687454 3107722 75090 405257 480347 2627375 0 2627375 PART X, LINE 2: THE ORGANIZATION IS EXEMPT FROM FEDERAL AND STATE INCOME TAXES UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE AND SECTION 141.010(1)(F) OF THE KENTUCKY REVISED STATUTES. THE ORGANIZATION HAD NO UNRELATED BUSINESS INCOME FOR THE YEARS ENDED DECEMBER 31, 2024 OR 2023. ACCORDINGLY, NO PROVISION FOR INCOME TAXES HAS BEEN MADE IN THE ACCOMPANYING FINANCIAL STATEMENTS. THE ORGANIZATION FOLLOWS GAAP WHICH PRESCRIBE A COMPREHENSIVE MODEL FOR HOW AN ORGANIZATION SHOULD MEASURE, RECOGNIZE, PRESENT AND DISCLOSE IN ITS FINANCIAL STATEMENTS UNCERTAIN TAX POSITIONS THAT AN ORGANIZATION HAS TAKEN OR EXPECTS TO TAKE ON A TAX RETURN. FOR THE YEARS ENDED DECEMBER 31, 2024 AND 2023, THE ORGANIZATION DETERMINED IT DID NOT HAVE ANY UNCERTAIN TAX POSITIONS AND THE ORGANIZATION DID NOT INCUR OR ACCRUE ANY ASSOCIATED INTEREST OR PENALTIES RELATED TO THOSE POSITIONS. PART XI, LINE 2D - OTHER ADJUSTMENTS: COST OF PRODUCT SALES 405,257. PART XII, LINE 2D - OTHER ADJUSTMENTS: COST OF PRODUCT SALES 405,257. SOUTH AMERICA - ECUADOR 0 0 PROGRAM SERVICES ASSISTANCE WITH LONG-TERM SAFE WATER AND SANITATION NEEDS 26125 SUB-SAHARAN AFRICA - KENYA, SOUTH AFRICA, UGANDA 0 0 PROGRAM SERVICES ASSISTANCE WITH LONG-TERM SAFE WATER AND SANITATION NEEDS 1064607 ASIA - PAPUA NEW GUINEA 0 0 PROGRAM SERVICES ASSISTANCE WITH LONG-TERM SAFE WATER AND SANITATION NEEDS 111033 0 0 0 0 0 0 1201765 0 1201765 0 0 0 0 0 0 BOURBON EVENT 134754 43005 91749 25779 19736 134754 43005 91749 25779 19736 45515 46234 FORM 990, PART VI, SECTION A, LINE 8B NO COMMITTEES ARE AUTHORIZED TO ACT ON BEHALF OF THE BOARD. FORM 990, PART VI, SECTION B, LINE 11B A DRAFT FORM 990 IS SUBMITTED TO THE CEO AND THE FINANCE COMMITTEE OF THE BOARD. AFTER REVIEW THE CEO FORWARDS THE DRAFT 990 TO THE PRESIDENT OF THE BOARD OF DIRECTORS WHO THEN FORWARDS TO ALL BOARD MEMBERS SOLICITING QUESTIONS AND COMMENTS. THE PRESIDENT OF THE BOARD OF DIRECTORS FORWARDS ALL QUESTIONS AND COMMENTS TO THE CEO, WHO REVIEWS THEM WITH THE FORM 990 PREPARER. ANY NEEDED REVISIONS ARE THEN MADE PRIOR TO IRS SUBMISSION. FORM 990, PART VI, SECTION B, LINE 12C WATERSTEP HAS A WRITTEN CONFLICT OF INTEREST POLICY. THE FOLLOWING ARE EXCERPTS FROM THE POLICY: EACH DIRECTOR, OFFICER, AND EMPLOYEE IS PROVIDED WITH AND ASKED TO READ A COPY OF THE CONFLICT OF INTEREST POLICY AND TO ACKNOWLEDGE IN WRITING THAT THEY HAVE DONE SO. ANNUALLY EACH DIRECTOR, OFFICER, EMPLOYEE, AND VOLUNTEER COMPLETES A DISCLOSURE FORM IDENTIFYING ANY RELATIONSHIPS, POSITIONS OR CIRCUMSTANCES IN WHICH THEY ARE INVOLVED THAT HE OR SHE BELIEVES COULD CONTRIBUTE TO A CONFLICT OF INTEREST. WATERSTEP HAS A CONFLICT OF INTEREST DISCLOSURE FORM TO FACILITATE THIS REPORTING. A PERSON WHO HAS A CONFLICT OF INTEREST IS NOT ALLOWED TO HEAR THE BOARD OR COMMITTEE DISCUSSION ON THE MATTER EXCEPT TO DISCLOSE MATERIAL FACTS AND TO RESPOND TO QUESTIONS. FORM 990, PART VI, SECTION B, LINE 15 WATERSTEP HAS AN EXECUTIVE COMMITTEE THAT IS TASKED WITH REVIEWING AND ADJUSTING COMPENSATION FOR THE CEO AND KEY EMPLOYEES. THE EXECUTIVE COMMITTEE OF INDEPENDENT BOARD MEMBERS MEETS AT LEAST TWICE PER YEAR (INDEPENDENCE IS DEFINED AS A BOARD MEMBER WHO IS NOT AN EMPLOYEE OF WATERSTEP). AS PART OF ITS PROCESS THE COMMITTEE REVIEWS COMPENSATION STUDIES PROVIDED BY GUIDESTAR AND SIMILAR ORGANIZATIONS. MINUTES TO EXECUTIVE COMMITTEE MEETINGS ARE KEPT SO AS TO SUBSTANTIATE DELIBERATION AND DECISIONS. FORM 990, PART VI, SECTION C, LINE 19 ANY PERSON CAN VISIT WATERSTEP'S OFFICE TO SEE A COPY OF ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS. THESE DOCUMENTS ARE KEPT IN A FILE AT THE RECEPTIONIST'S DESK FOR ANYONE WHO REQUESTS TO SEE THEM. WATERSTEP ALSO TRASMITS THESE DOCUMENTS VIA EMAIL AS NEEDED AND REQUESTED.