DRIVE FOR WATER (EIN 450609116) - 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

2011

Legal Domicile

Principal Officer

STEPHEN MAGLIOCCO

Phone

7144703306

Tax Period

2024-01-01 to 2024-12-31

DRIVE FOR WATER, founded in 2011, is a small nonprofit in the International Affairs sector that reported $112K in total revenue in fiscal year 2024. Revenue surged 37% from the prior year, signaling strong growth momentum. The organization ran a surplus of $17K, a strong 15% operating margin.

Mission

PROVIDE HOPE FOR THOSE PEOPLE AROUND THE WORLD LACKING THE BASIC NECESSITY OF CLEAN WATER BY RAISING MONEY FUND THE INSTALLATION OF WELLS AND WATER PURIFICATION SYSTEMS AS WELL AS TO PROVIDE HEALTH AND HYGIENE TRAINING TO THESE COMMUNITIES.

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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 $298,507

Program Service Revenue $0

Investment Income $2

Other Revenue $-186,241

TOTAL REVENUE $112,268

Expense Breakdown

Grants Paid $91,640

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $91,640

Other Expenses $3,690

TOTAL EXPENSES $95,330

Year-over-Year Comparison

	2024	2023	Change
Revenue	$112,268	$81,960	+0.4%
Expenses	$95,330	$84,056	+0.1%
Net Income	$16,938	$-2,096	-9.1%

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

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
STEPHEN MAGLIOCCO	FOUNDER	10.00	Officer Director	$0	$0	$0
KOURTNEY MAGLIOCCO	CMO	0.50	Officer Director	$0	$0	$0
IAN BANNERMAN	TREASURER	0.50	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	$112,268	$95,330	$37,981	$16,938
2023	$81,960	$84,056	$21,043	$-2,096
2022	$-89,470	$114,148	$23,139	$-203,618
2021	$197,424	$7,104	$226,757	$190,320
2020	$49,995	$32,208	$36,437	$17,787
2019	$97,593	$86,879	$18,650	$10,714
2018	$87,946	$140,267	$7,936	$-52,321

DRIVE FOR WATER