SCHEDULE O
(Form 990 or 990-EZ)

Department of the Treasury
Internal Revenue Service
Supplemental Information to Form 990 or 990-EZ

Complete to provide information for responses to specific questions on
Form 990 or 990-EZ or to provide any additional information.
MediumBullet Attach to Form 990 or 990-EZ.
MediumBullet Go to www.irs.gov/Form990 for the latest information.
OMB No. 1545-0047
2020
Open to Public
Inspection
Name of the organization
WATER4 INC
 
Employer identification number

26-3260581
Return Reference Explanation
FORM 990, PART VI, SECTION B, LINE 11B THE PREPARED 990 RETURN AND AUDITED FINANCIAL STATEMENT REPORTING ARE SENT VIA EMAIL TO THE BOARD OF DIRECTORS FOR REVIEW AND APPROVAL, AFTER WHICH THE PRESIDENT & CEO SIGNS THE 990 ON BEHALF OF THE ORGANIZATION. AN EMAIL PROVIDING APPROVAL FROM EACH MEMBER OF THE BOARD OF DIRECTORS IS RETURNED TO THE SECRETARY AND SAVED IN THE PERMANENT FILE BEFORE THE PRESIDENT & CEO SIGNS THE 990.
FORM 990, PART VI, SECTION B, LINE 12C THE PRESIDENT & CEO REVIEWS ALL ORGANIZATIONAL EXPENDITURES. THE ORGANIZATION HAS AGREED NOT TO PURCHASE ANYTHING FROM A BOARD MEMBER OR OFFICER UNLESS AND UNTIL THERE IS BOARD APPROVAL. ANY SUCH TRANSACTIONS ARE ARMS-LENGTH, AND THE PURCHASES ARE NOT INTENDED TO BE ONGOING VENDOR/VENDEE RELATIONSHIPS.
FORM 990, PART VI, SECTION B, LINE 15 THE PRESIDENT & CEO'S COMPENSATION IS DETERMINED USING COMPARABILITY DATA FROM PEO'S PAYSCALE RESEARCH, AS WELL AS REVIEWING THE 990S OF OTHER WATER-RELATED NONPROFITS. DATA IS PROVIDED TO THE BOARD REPRESENTATIVES SITTING ON THE COMPENSATION COMMITTEE, INCLUDING THE BOARD CHAIRMAN. THE COMPENSATION COMMITTEE MEETS WITH THE PRESIDENT & CEO TO DISCUSS HIS/HER PERFORMANCE. THE COMPENSATION COMMITTEE THEN DISCUSSES THE COMPENSATION DATA AND PRESIDENT & CEO PERFORMANCE REVIEW WITH THE REST OF THE BOARD OF DIRECTORS IN AN EXECUTIVE SESSION, THE RESULTS OF WHICH ARE COMMUNICATED TO THE SECRETARY AND PRESIDENT & CEO. THE HUMAN RESOURCES DEPARTMENT RESEARCHES COMPARABILITY DATA FOR ALL POSITIONS AND COMMUNICATES THIS INFORMATION TO THE PRESIDENT & CEO TO DETERMINE COMPENSATION FOR STAFF.
FORM 990, PART VI, SECTION C, LINE 19 THE 990 IS POSTED ON OUR PUBLIC WEBSITE AS SOON AS IT IS AVAILABLE. ADDITIONALLY, WATER4 FEATURES OUR ANNUAL IMPACT REPORT, WHICH INCLUDES FINANCIAL INFORMATION, ON OUR WEBSITE.
For Paperwork Reduction Act Notice, see the Instructions for Form 990 or 990-EZ.
Cat. No. 51056K
Schedule O (Form 990 or 990-EZ) 2020


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