THIRST NO MORE ASSOCIATION

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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

1995

Legal Domicile

Principal Officer

GREG MAPHET

Phone

5123824318

Tax Period

2023-01-01 to 2023-12-31

THIRST NO MORE ASSOCIATION, founded in 1995, is a small nonprofit in the Religion sector that reported $607K in total revenue in fiscal year 2023. Revenue surged 47% from the prior year, signaling strong growth momentum. Expenses of $690K exceeded revenue, resulting in a 14% operating deficit.

Mission

THIRST NO MORE IS A CHRISTIAN AID ORGANIZATION. OUR MISSION IS TO IMPROVE LIVES, IMPACT VILLAGES.

Program Service Accomplishments

Program 1

Expenses: $503,180

THIRST NO MORE PROJECTS ARE CURRENTLY IN TANZANIA, CHAD AND OTHER COUNTRIES, WORKING WITH THE MOST OPPRESSED POPULATIONS OF THE WORLD. IN TANZANIA, WE HAVE CONTINUED OUR DRILLING OPERATIONS PROVIDING CLEAN WATER TO THOUSANDS OF PEOPLE. IN CHAD WE BEGAN DRILLING OPERATIONS USING OUR OWN EQUIPMENT AND THROUGH PARTNERSHIPS WITH OTHER ORGANIZATIONS.

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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 $606,719

Program Service Revenue $0

Investment Income $0

Other Revenue $0

TOTAL REVENUE $606,719

Expense Breakdown

Grants Paid $51,000

Salaries & Benefits $208,581

Fundraising Expenses $37,537

Program Expenses $503,180

Other Expenses $430,319

TOTAL EXPENSES $689,900

Year-over-Year Comparison

	2023	2022	Change
Revenue	$606,719	$412,871	+0.5%
Expenses	$689,900	$620,989	+0.1%
Net Income	$-83,181	$-208,118	-0.6%

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

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
GREG MAPHET	TREASURER	2.00	Officer Director	$0	$0	$0
RICK WHITTLE	PRESIDENT	2.00	Officer Director	$0	$0	$0
BRIAN KEEN	DIRECTOR	2.00	Director	$0	$0	$0
JACQUE MAPHET	DIRECTOR	2.00	Director	$0	$0	$0
D'ANN WHITTLE	SECRETARY	2.00	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	No data	No data	No data	No data
2023	$606,719	$689,900	$468,918	$-83,181
2022	$412,871	$620,989	$557,058	$-208,118
2021	$685,631	$592,185	$768,461	$93,446
2020	$668,376	$501,235	$678,259	$167,141
2019	$470,521	$447,368	$367,154	$23,153
2018	$650,721	$523,195	$372,999	$127,526