FRIENDLY WATER FOR THE WORLD

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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

2010

Legal Domicile

Principal Officer

CONNIE VASEK

Phone

3602143145

Tax Period

2024-01-01 to 2024-12-31

FRIENDLY WATER FOR THE WORLD, founded in 2010, is a small nonprofit in the International Affairs sector that reported $324K in total revenue in fiscal year 2024.

Mission

INCORPORATED AS A 501(C)3 NONPROFIT IN 2010, FRIENDLY WATER FOR THE WORLD TRAINS AND EQUIPS COMMUNITIES IN SUSTAINABLE VILLAGE-SCALE TECHNOLOGIES TO SAFEGUARD, CONSERVE, AND EXPAND ESSENTIAL RESOURCES.

Program Service Accomplishments

Program 1

Expenses: $162,063

WE PROVIDE SERVICES RELATED TO WATER FILTRATION, WATER SECURITY, BETTER BUILDING, AND GOOD HYGIENE TO COMMUNITIES IN INDIA AND AFRICA. THE SUCCESS OF OUR PROGRAM IS THROUGH COMMUNITY ENGAGEMENT...

WE PROVIDE SERVICES RELATED TO WATER FILTRATION, WATER SECURITY, BETTER BUILDING, AND GOOD HYGIENE TO COMMUNITIES IN INDIA AND AFRICA. THE SUCCESS OF OUR PROGRAM IS THROUGH COMMUNITY ENGAGEMENT, FIELD TRAINING, TECHNICAL EXPERTISE, AND CLERICAL SUPPORT.

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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 $324,147

Program Service Revenue $0

Investment Income $19

Other Revenue $0

TOTAL REVENUE $324,166

Expense Breakdown

Grants Paid $0

Salaries & Benefits $199,761

Fundraising Expenses $22,314

Program Expenses $162,063

Other Expenses $146,000

TOTAL EXPENSES $345,761

Year-over-Year Comparison

	2024	2023	Change
Revenue	$324,166	$311,784	+0.0%
Expenses	$345,761	$440,805	-0.2%
Net Income	$-21,595	$-129,021	-0.8%

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

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

$87,984

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
CURT ANDINO	EXECUTIVE DI	40.00	Officer	$87,984	$0	$87,984
IMALI ABALA	BOARD DIRECT	0.50	Director	$0	$0	$0
HARRY QUIGG DAVIS	TREASURER	0.50	Officer Director	$0	$0	$0
NINA DIAMOND	BOARD DIRECT	0.50	Director	$0	$0	$0
JAY FAHN	BOARD DIRECT	0.50	Director	$0	$0	$0
DAVE HENRY	SECRETARY	0.50	Officer Director	$0	$0	$0
DENNIS KAUTZMANN	TREASURER	2.00	Officer Director	$0	$0	$0
KATHLEEN O'SHAUNESSY	BOARD DIRECT	0.50	Director	$0	$0	$0
DANNY STUSSER	BOARD DIRECT	0.50	Director	$0	$0	$0
CONNIE VASEK	BOARD CHAIR	4.50	Officer 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
2024	$324,166	$345,761	$299,088	$-21,595
2023	$311,784	$440,805	$310,468	$-129,021
2022	$311,312	$341,955	$416,907	$-30,643
2021	$405,711	$321,400	$471,756	$84,311
2020	$459,970	$311,586	$373,108	$148,384
2019	$593,257	$614,292	$217,433	$-21,035
2018	$566,256	$458,907	$234,695	$107,349