PURE WATER INITIATIVE INC (EIN 463817246) - 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

2013

Legal Domicile

Principal Officer

JOSEPH R SHERAM

Phone

6787930898

Tax Period

2023-01-01 to 2023-12-31

PURE WATER INITIATIVE INC, founded in 2013, is a small nonprofit in the International Affairs sector that reported $280K in total revenue in fiscal year 2023. Revenue surged 184% from the prior year, signaling strong growth momentum. The organization ran a surplus of $146K, a strong 52% operating margin.

Mission

PURE WATER INITIATIVE, INC IS A SMALL NON-PROFIT IN THE WORLD OF PROVIDING CLEAN WATER TO DEVELOPING COUNTRIES. OUR NICHE IS TO BE PRESENT IN PLACES WHERE GOVERNMENTS, POLITICS AND RELIGION AFFILIATIONS PROHIBIT AID.

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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 (2023)

Revenue Breakdown

Contributions & Grants $279,814

Program Service Revenue $0

Investment Income $0

Other Revenue $0

TOTAL REVENUE $279,814

Expense Breakdown

Grants Paid $124,262

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $134,067

Other Expenses $9,805

TOTAL EXPENSES $134,067

Year-over-Year Comparison

	2023	2022	Change
Revenue	$279,814	$98,603	+1.8%
Expenses	$134,067	$68,129	+1.0%
Net Income	$145,747	$30,474	+3.8%

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

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
BLAKE JONES	DIRECTOR	1.00	Director	$0	$0	$0
JENNIFER KILCREASE	DIRECTOR	1.00	Director	$0	$0	$0
TRABUE KORDARES	DIRECTOR	1.00	Director	$0	$0	$0
PENNY MORRISON ROSS	DIRECTOR	1.00	Director	$0	$0	$0
WILLIAM ROSS	CEO	1.00	Officer	$0	$0	$0
JOSEPH R SHERAM	CFO	1.00	Officer	$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	$279,814	$134,067	$261,867	$145,747

PURE WATER INITIATIVE INC