VILLAGEWORX INC (EIN 821555010) - 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

2017

Legal Domicile

Principal Officer

JAMES POWERS

Phone

2397772173

Tax Period

2024-01-01 to 2024-12-31

VILLAGEWORX INC, founded in 2017, is a small nonprofit in the International Affairs sector that reported $411K in total revenue in fiscal year 2024. Revenue surged 37% from the prior year, signaling strong growth momentum. Expenses of $397K left a modest 3% surplus.

Mission

OVER 400 MILLION PEOPLE IN SUBSAHARAN AFRICA ARE TRAPPED IN A CYCLE OF EXTREME POVERTY. THE MISSION OF VILLAGEWORX IS TO ENSURE THAT EVERY HOUSEHOLD HAS CONSISTENT ACCESS TO NUTRITIOUS FOOD AND SAFE WATER THAT IS FUNDAMENTAL TO BREAKING THAT CYCLE AND PUTS FAMILIES ON A PATH OUT OF POVERTY. WE DO THIS THROUGH THE DISTRIBUTION OF A HOUSEHOLD WATER FILTER SYSTEM THAT WILL PROVIDE A FAMILY WITH CLEAN WATER FOR UP TO 10 YEARS AND BY CONDUCTING A 2-YEAR AGRICULTURAL TRAINING PROGRAM BASED ON THE PFUMVUDZA PRINCIPLES OF CONSERVATION AGRICULTURE.

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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 $410,493

Program Service Revenue $0

Investment Income $19

Other Revenue $0

TOTAL REVENUE $410,512

Expense Breakdown

Grants Paid $0

Salaries & Benefits $112,674

Fundraising Expenses $0

Program Expenses $364,693

Other Expenses $284,103

TOTAL EXPENSES $396,777

Year-over-Year Comparison

	2024	2023	Change
Revenue	$410,512	$300,565	+0.4%
Expenses	$396,777	$317,300	+0.3%
Net Income	$13,735	$-16,735	-1.8%

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
PATRICK STUART	PRESIDENT	10.00	Officer Director	$0	$0	$0
SCOTT BEATTY	VICE PRESIDENT	5.00	Officer Director	$0	$0	$0
ELIZABETH MORGAN	DIRECTOR	2.00	Director	$0	$0	$0
LEE WYATT	TREASURER	2.00	Officer Director	$0	$0	$0
DON INGLE	DIRECTOR	2.00	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	$410,512	$396,777	$29,010	$13,735
2023	$300,565	$317,300	$22,330	$-16,735
2022	$1,388,581	$401,717	$2,485,389	$986,864

VILLAGEWORX INC