WATER FOR LIFE INTERNATIONAL (EIN 262242364) - Form 990 Financial Analysis & Trantor Score

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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year

2007

Legal Domicile

Principal Officer

Gary Bartholomew

Phone

2097686497

Tax Period

2024-07-01 to 2025-06-30

WATER FOR LIFE INTERNATIONAL, founded in 2007, is a small nonprofit in the International Affairs sector that reported $437K in total revenue in fiscal year 2024. Revenue fell 36% from the prior year — a significant decline worth monitoring. Expenses of $499K exceeded revenue, resulting in a 14% operating deficit.

Mission

1. Primary mission is improving water systems in rural Guatemala 2.Gospel outreach 3. Providing medical or dental equipment/supplies

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $437,343

Program Service Revenue $0

Investment Income $0

Other Revenue $0

TOTAL REVENUE $437,343

Expense Breakdown

Grants Paid $173,885

Salaries & Benefits $0

Fundraising Expenses $14,923

Program Expenses $468,702

Other Expenses $325,040

TOTAL EXPENSES $498,925

Year-over-Year Comparison

	2024	2023	Change
Revenue	$437,343	$686,515	-0.4%
Expenses	$498,925	$508,058	0.0%
Net Income	$-61,582	$178,457	-1.3%

Key Indicators

✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✓ Foreign Activities ✗ Donor Advised Fund ✓ Schedule B Required

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Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Governance

Voting Members

Independent Members

Employees

N/A

Volunteers

Governance Policies

✓ Conflict of Interest Policy

✗ Whistleblower Policy

✗ Document Retention Policy

Special Practices & Reported Activities

✗ Operated a School

✗ Operated a Hospital

✗ Provided First Class Travel

⚠ Reported Conflict of Interest

✗ Reported Asset Diversion

✗ Excess Benefit Transaction

✗ Made Political Expenditures

✗ Engaged in Lobbying

✗ Operated Donor Advised Fund

✗ Maintained Art Collections

✗ Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Tim Rasmussen	President	4.00	Officer Director	$0	$0	$0
Gary Bartholomew	Vice-President	20.00	Officer Director	$0	$0	$0
Aaron Ramussen	Secretary	3	Officer Director	$0	$0	$0
Paul Carlson	Treasure	1.00	Officer Director	$0	$0	$0
Rodney Bartholomew	Director	3	Director	$0	$0	$0
Justin Burch	Director	3	Director	$0	$0	$0
Larry Duffield	Director	5	Director	$0	$0	$0
Harold Lance	Director	1.00	Director	$0	$0	$0
David Morrill	Director	3	Director	$0	$0	$0
Richard Parker	Director	3	Director	$0	$0	$0
Mark Scheufler	Director	3	Director	$0	$0	$0
Anthony Thompson	Director	3	Director	$0	$0	$0
Gordon Wheeler	Director	1.00	Director	$0	$0	$0
Melissa Wheeler	Director	1.00	Director	$0	$0	$0

Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year	Revenue	Expenses	Assets	Net Income
2025	$437,343	$498,925	$177,226	$-61,582
2024	$686,515	$508,058	$236,497	$178,457
2023	$326,813	$438,003	$56,803	$-111,190
2022	$396,842	$292,363	$169,311	$104,479
2021	$339,179	$356,312	$66,616	$-17,133

WATER FOR LIFE INTERNATIONAL