Documents
- Articles of Incorporation, North Carolina, SOSID 3397161Filed 2026-10-05
- BylawsAdopted on the organizational consent, pending signature
- Conflict of Interest Policy (the IRS sample, adopted verbatim)Adopted on the organizational consent, pending signature
- Form 1023, application for recognition under section 501(c)(3)In preparation
- IRS determination letterPending the application
- North Carolina charitable solicitation registrationBefore any solicitation
- Form 990, annualFirst due for calendar 2026
- Fee schedulePublished, version 1 proposal
- Annual reportWithin 120 days of each year end
Board
| Seat | Name | Role | Status |
|---|---|---|---|
| Director | Zach Bagot | President, Secretary and Treasurer, founder | Seated at incorporation |
| Independent director | Open | Water sector | To be seated before the Form 1023 is filed |
| Independent director | Open | AI or sustainability | To be seated before the Form 1023 is filed |
Directors serve unpaid. An independent director serves for expenses only, is free of any stake in a certified organization or counterparty, and is unrelated to anyone who holds one. An Advisory Council of researchers and practitioners advises on the Standard in an advisory capacity. A Standards Committee owns the Standard and the complaints procedure.
Disclosures
The founder owns a for-profit company that uses AI in its product. Under the Conflict of Interest Policy, that company may apply for certification like any other, and if it does, the decision is made by the Standards Committee with the founder recused and the recusal recorded on the registry entry. Every party Dropmatch pays or contracts with is independent of its directors. Every director signs an annual conflict statement listing their financial interests, and the statements are kept with the minute book.
How the money moves
- Every certified company receives one invoice with two lines: a certification fee at the cost of the check, booked as program service revenue, and a water commitment restricted entirely to projects.
- Restricted water funds are held in a separate account from operating funds. Operations run on the fees and on separate operating donors.
- Cost per person-year and per liter is published quarterly against the field's best, and the implementer scorecard with it.
- Directors serve unpaid in year one, and every loan or contract is with an independent party.
Contact
Dropmatch, Inc.
Charlotte, North Carolina
hello@dropmatch.org