SAFE WATER NETWORK (EIN 510570455) - 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

2005

Legal Domicile

Principal Officer

CHRISTOPHER WILLIAMS

Phone

2123557233

Tax Period

2023-01-01 to 2023-12-31

SAFE WATER NETWORK, founded in 2005, is a community nonprofit in the Environment sector that reported $5.2M in total revenue in fiscal year 2023. Revenue fell 49% from the prior year — a significant decline worth monitoring. Expenses of $5.9M exceeded revenue, resulting in a 12% operating deficit.

Mission

SAFE WATER NETWORK ENVISIONS A WORLD WITH HEALTHY, THRIVING COMMUNITIES MANAGING THEIR SUPPLY OF SAFE WATER. OUR MISSION IS TO DEVELOP AND SCALE-UP INNOVATIVE SOLUTIONS, DOCUMENT BEST PRACTICES AND BUILD PARTNERSHIPS TO REACH MILLIONS WITH SAFE WATER GLOBALLY.

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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 $4,745,330

Program Service Revenue $445,517

Investment Income $25,263

Other Revenue $20,621

TOTAL REVENUE $5,236,731

Expense Breakdown

Grants Paid $0

Salaries & Benefits $2,058,376

Fundraising Expenses $301,131

Program Expenses $5,152,132

Other Expenses $3,801,955

TOTAL EXPENSES $5,860,331

Year-over-Year Comparison

	2023	2022	Change
Revenue	$5,236,731	$10,178,447	-0.5%
Expenses	$5,860,331	$5,918,743	0.0%
Net Income	$-623,600	$4,259,704	-1.1%

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

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

$269,210

Total Directors

$269,210

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
CHRISTINA GOLD	BOARD MEMBER	1.00	Director	$0	$0	$0
JOSH S WESTON	OUTGOING BOARD MEMBER	1.00	Director	$0	$0	$0
KURT SODERLUND	OUTGOING CEO/SECRETARY	40.00	Officer Director	$244,927	$24,283	$269,210
RICHARD DELANEY	BOARD MEMBER	1.00	Director	$0	$0	$0
RITA COLWELL PHD	VICE CHAIR	1.00	Officer Director	$0	$0	$0
STEVE ZIDE	CHAIRMAN	1.00	Officer Director	$0	$0	$0
SURYA N MAHOPATRA	BOARD MEMBER	1.00	Director	$0	$0	$0
VENKAT SRINIVASAN	BOARD MEMBER	1.00	Director	$0	$0	$0
VIVEK SANKARAN	BOARD MEMBER	1.00	Director	$0	$0	$0
CHARLES B NIMAKO	COUNTRY DIRECTOR	40.00	Highest	$140,752	$35,948	$176,700
FLAVIA DANESE	DIRECTOR FINANCE & OPERATIONS	40.00	Highest	$139,503	$21,592	$161,095
RAVINDRA SEWAK	INDIA COUNTRY DIRECTOR	40.00	Highest	$122,342	$61,353	$183,695

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	No data	No data	No data	No data
2023	$5,236,731	$5,860,331	$12,433,899	$-623,600
2022	$10,178,447	$5,918,743	$13,522,922	$4,259,704
2021	$8,506,828	$5,517,247	$11,807,774	$2,989,581
2020	$4,176,561	$5,215,453	$7,075,277	$-1,038,892
2019	$5,915,275	$5,729,864	$7,962,979	$185,411
2018	$4,309,971	$6,029,808	$8,336,169	$-1,719,837
2017	$3,128,674	$5,142,889	$10,348,530	$-2,014,215

SAFE WATER NETWORK