Apex - Water Research Institute
Only null% goes to programs Strong reserves Declining revenue
Apex - Water Research Institute is a 501(c)(3) organization based in Pueblo West, Colorado, registered in 2019, with $619,571 in FY2024 revenue. CharityIndex grades it B.
434 S Mcculloch Blvd Ste 2 # 7967, Pueblo West, CO, 81007 EIN 82-6795173 Since 2019
Revenue (FY2024)
$620K
▲ 17.4% vs prior year
Health median: $840K
Expenses (FY2024)
$414K
Net assets
$2.4M
Employees
—
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
B
—Program efficiency40% of the ratingNo expense breakdown in filings
Measures how much of every dollar spent actually reaches programs, plus what it costs to raise $100 of donations. The worse of the two measures sets the letter (85%+ to programs is an A; under $15 to raise $100 is an A), averaged over the three most recent filings. Not scored for Apex - Water Research Institute— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
B+Financial health25% of the rating71 mo reserves · +33% margin
Measures whether the organization is built to last: how many months its reserves would cover expenses (3+ months earns an A-range score, but hoarding 5+ years of budget is capped) and whether it runs a surplus or a deficit. For Apex - Water Research Institute: 71 mo reserves · +33% margin earns a B+ on this criterion. See the exact thresholds →
—Governance25% of the ratingNot reported in this filing type
Checks how the organization is run, from its own Form 990: an independent board majority, a board of five or more, conflict-of-interest, whistleblower and document-retention policies, and independently audited financials. The share of disclosed checks that pass sets the letter. Not scored for Apex - Water Research Institute— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
CTransparency10% of the rating2 of 5 disclosure signals
Counts five disclosure signals: a recent filing, a mission statement, program descriptions, a listed website, and the full expense breakdown. More disclosure, better letter. For Apex - Water Research Institute: 2 of 5 disclosure signals earns a C on this criterion. See the exact thresholds →
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A live seal — it updates automatically when the grade changes and links donors to this verified profile.
Contact & location
- Address
- 434 S Mcculloch Blvd Ste 2 # 7967, Pueblo West, CO, 81007
- City
- Pueblo West
- State
- Colorado
- Category
- Health Care
- Subcategory
- Nursing & Home Care
- Website
- …
Financial trends
Revenue held steady from $616K (FY2019) to $620K (FY2024) across 6 reported years.
Financial snapshot
Financial health & position (FY2024)
Liabilities $172Net assets $2.4M
Operating margin
33.3%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$2.4M
Total liabilities
$172
Net assets
$2.4M
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $619,571▲17.4% | $413,519▲5.9% | $2,432,039▲9.3% | $2,432,211▲9.3% | 990PF |
| 2023 | $527,849▼25.0% | $390,656▲5.4% | $2,225,987▲6.6% | $2,226,271▲5.7% | 990PF |
| 2022 | $703,553▼9.5% | $370,563▼13.1% | $2,088,794▲19.0% | $2,106,520▲19.8% | 990PF |
| 2021 | $777,217▲36.6% | $426,441▲45.9% | $1,755,804▲25.0% | $1,758,997▲21.9% | 990PF |
| 2020 | $568,800▼7.6% | $292,296▲21.8% | $1,405,028▲14.9% | $1,443,208▲12.2% | 990PF |
| 2019 | $615,874 | $240,042 | $1,222,761 | $1,285,748 | 990PF |
Original Form 990 PDFs (the Form column) are served by ProPublica Nonprofit Explorer, as filed with the IRS. Create a free account to download the CSV report.
Grants received · $30K total
2 grants to Apex - Water Research Institute totaling $30K, reported by foundations on their Schedule I filings.
| Grantmaker | Purpose | Year | Amount |
|---|---|---|---|
| Collier Community Foundation Inc | Unrestricted use | 2020 | $15,000 |
| Collier Community Foundation Inc | Unrestricted use | 2020 | $15,000 |
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Frequently asked questions
- Is Apex - Water Research Institute a legitimate nonprofit?
- Yes. Apex - Water Research Institute is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 82-6795173, based in Pueblo West, Colorado. Donations are tax-deductible.
- What is Apex - Water Research Institute's EIN?
- Apex - Water Research Institute's Employer Identification Number (EIN) is 82-6795173.
- How much revenue does Apex - Water Research Institute report?
- Apex - Water Research Institute reported $619,571 in total revenue on its fiscal year 2024 IRS Form 990 filing.
- What financial grade does Apex - Water Research Institute have?
- CharityIndex grades Apex - Water Research Institute B, based on financial health (reserves and operating margin).
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Data for Apex - Water Research Institute (EIN 82-6795173) comes from the IRS Business Master File and e-filed Form 990 returns, via CharityIndex. Figures reflect what the organization reported to the IRS for each fiscal year.