Go Drill International Inc (EIN 900855652) - 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

2012

Legal Domicile

Principal Officer

Scott A Placke

Phone

9795407505

Tax Period

2023-01-01 to 2023-12-31

Go Drill International Inc, founded in 2012, is a small nonprofit in the Religion sector that reported $186K in total revenue in fiscal year 2023. Revenue decreased 12% compared to the prior year. Expenses of $230K exceeded revenue, resulting in a 24% operating deficit.

Mission

Charitable activities related to ground water industry in poor and remote areas of foreign nations.

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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 $185,830

Program Service Revenue $0

Investment Income $84

Other Revenue $0

TOTAL REVENUE $185,914

Expense Breakdown

Grants Paid $0

Salaries & Benefits $85,849

Fundraising Expenses $0

Program Expenses $219,180

Other Expenses $144,553

TOTAL EXPENSES $230,402

Year-over-Year Comparison

	2023	2022	Change
Revenue	$185,914	$212,054	-0.1%
Expenses	$230,402	$257,508	-0.1%
Net Income	$-44,488	$-45,454	0.0%

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

$79,748

Total Directors

$79,748

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Scott Placke	President	50.00	Officer Director	$41,748	$0	$41,748
Rebecca Placke	Vice-President	50.00	Officer Director	$38,000	$0	$38,000
Connie Cooper	Secretary	15.00	Officer Director	$0	$0	$0
Jim Jaeger	Board Member	1.00	Director	$0	$0	$0
Will Moore	Board Member	1.00	Director	$0	$0	$0
Dr Bill Pieratt	Board Member	1.00	Director	$0	$0	$0
Larry Richards	Board Member	1.00	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	No data	No data	No data	No data
2023	$185,914	$230,402	$139,673	$-44,488
2022	$212,054	$257,508	$186,835	$-45,454
2022	$212,054	$257,508	$186,835	$-45,454
2021	$222,754	$266,936	$229,330	$-44,182
2020	$196,420	$206,006	$273,282	$-9,586
2019	$291,949	$337,354	$286,472	$-45,405
2018	$363,694	$366,102	$330,900	$-2,408

Go Drill International Inc