Thirst Project
Meets Standards
Standards For Charity Accountability
Governance
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Board Oversight
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Board Size
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Board Meetings
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Board Compensation
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Conflict of Interest
Measuring Effectiveness
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Effectiveness Policy
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Effectiveness Report
Finances
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Program Expenses
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Fundraising Expenses
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Accumulating Funds
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Audit Report
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Detailed Expense Breakdown
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Accurate Expense Reporting
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Budget Plan
Fundraising & Info
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Truthful Materials
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Annual Report
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Website Disclosures
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Donor Privacy
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Cause Marketing Disclosures
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Complaints
Thirst Project meets the 20 Standards for Charity Accountability.
Stated Purpose:
"to work with the support of young people to end the global water crisis by building freshwater wells in developing communities that need safe, clean drinking water."
Year, State Incorporated:
2008, CA
Also Known As:
Thirst
Thirst Project reports that it works to end the global water crisis in developing communities. The organization partners with local companies and utilizes local staff to drill, build, and maintain freshwater wells. Thirst Project pairs its well projects with implementing better sanitation and hygiene practices. In 2022, the organization states that it built 96 freshwater wells in four countries.
For the year ended December 31, 2022, Thirst Project's program expenses were:
| Program services | $717,220 |
| Total Program Expenses | $717,220 |
Chief Executive
Seth Maxwell, Founder and Chief Executive Officer
Chair of the Board
Michelle O'Droske
Chair's Profession / Business Affiliation
Vice President of Regional Operations and Licensing, Primerica
Board Size
10
Paid Staff Size
0
*2023 compensation includes annual salary and, if applicable, benefit plans, expense accounts, and other allowances.
Note: Thirst Project reports that Mr. Maxwelll volunteers his time with the organization. In 2022, Sibusiso Shiba was the highest compensated employee, receiving $56,496.
Method(s) Used:
Grant proposals, Internet, Direct mail appeals
Fundraising costs were 4% of related contributions. (Related contributions, which totaled $854,041, are donations received as a result of fundraising activities.)
This organization is tax-exempt under section 501(c)(3) of the Internal Revenue Code. It is eligible to receive contributions deductible as charitable donations for federal income tax purposes.
The following information is based on Thirst Project's audited financial statements for the year ended December 31, 2022.
Source of Funds
| In-kind contributions | $6,271 |
| Contributions | $847,770 |
| Total Income | $854,041 |
Programs: 90% Fundraising: 4% Administrative: 5%
| Total Income | $854,041 |
| Total expenses: | $795,611 |
| Program expenses | $717,220 |
| Fundraising expenses | $34,878 |
| Administrative expenses | $43,513 |
| Other expenses | $0 |
| Income in Excess of Expenses | $58,430 |
| Beginning Net Assets | $715,443 |
| Other Changes In Net Assets | $0 |
| Ending Net Assets | $773,873 |
| Total Liabilities | $12,998 |
| Total Assets | $786,872 |
Note: According to Thirst Project's 2022 audited financial statements, the organization received $6,271 in donated website hosting services ($5,071) and office rent ($1.200).
An organization may change its practices at any time without notice. A copy of this report has been shared with the organization prior to publication. It is not intended to recommend or deprecate, and is furnished solely to assist you in exercising your own judgment. If the report is about a charity and states the charity meets or does not meet the Standards for Charity Accountability, it reflects the results of an evaluation of information and materials provided voluntarily by the charity. The name Better Business Bureau is a registered service mark of the International Association of Better Business Bureaus.
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RELATED CONTENT
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Meets Standards
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Standards Not Met
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Did Not Disclose
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Review in Progress
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Unable to Verify
Report completed by:
BBB Wise Giving Alliance