ROSSHIRT WATER FOR AFRICA FOUNDATION INC (EIN 272093179) - Form 990 Financial Analysis & Trantor Score

🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Financial Trends

Organization Details

Formation Year

2009

Legal Domicile

Principal Officer

TIMOTHY ROSSHIRT

Phone

6143613745

Tax Period

2023-01-01 to 2023-12-31

ROSSHIRT WATER FOR AFRICA FOUNDATION INC, founded in 2009, is a micro nonprofit in the International Affairs sector that reported $56K in total revenue in fiscal year 2023. Revenue surged 26% from the prior year, signaling strong growth momentum. Expenses of $54K left a modest 4% surplus.

Mission

RWFAF SECURES AREAS,DRILLS AND MAINTAINS WATER WELLS THAT BRING ACCESSIBLE,SAFE AND CLEAN WATER TO PEOPLE LIVING IN REMOTE AREAS OF ZIMBABAWE, AFRICA .TO DATE, OUR WELLS ACCOMODATE 80,000 PEOPLE DAILY

🔒

Trantor Score

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

Sign in to view Trantor Score and financial metrics

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

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $56,158

Program Service Revenue $0

Investment Income $0

Other Revenue $0

TOTAL REVENUE $56,158

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $46,214

Other Expenses $53,994

TOTAL EXPENSES $53,994

Year-over-Year Comparison

	2023	2022	Change
Revenue	$56,158	$44,501	+0.3%
Expenses	$53,994	$63,363	-0.1%
Net Income	$2,164	$-18,862	-1.1%

Key Indicators

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

🔒

Financial Health Indicators

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

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

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

Governance

Voting Members

N/A

Independent Members

N/A

Employees

N/A

Volunteers

N/A

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
TIMOTHY ROSSHIRT	EXECUTIVE DIRECTOR	20.00	Director	$0	$0	$0
LOU ANN RANSOM	TRUSTEE	10.00	Director	$0	$0	$0
DENNIS ZACH	TRUSTEE	10.00	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
2023	$56,158	$53,994	$9,944	$2,164
2022	$44,501	$63,363	$7,780	$-18,862
2021	$88,385	$117,081	$29,370	$-28,696
2020	$40,078	$129,294	$58,268	$-89,216
2019	$201,312	$179,917	$144,761	$21,395
2018	$215,336	$94,354	$123,537	$120,982

ROSSHIRT WATER FOR AFRICA FOUNDATION INC