Water for Good 
The information on this page was last updated 2/11/2025. If you see errors or omissions, please email: [email protected]
Summary
Water for Good is a faith-based, non-profit organization committed to creating a future where no one dies from a preventable waterborne disease. In partnership with local churches and leaders, we help communities establish access to reliable water and critical sanitation and hygiene practices-ensuring sustainable change, empowered citizens, and healthy futures. Our work is crucial because the water crisis is unsustainable, impacting 703 million people who lack access to basic water services. Every two minutes, a child under the age of five dies from a preventable waterborne disease. When 1-in-12 people around the world lack reliable access to safe water and 1-in-5 lack access to a toilet, they also lack the opportunity to truly thrive. Women and children are particularly disadvantaged, often spending hours collecting water that may not even be safe to drink. It affects health, hinders education, perpetuates poverty, and deepens inequality. But together, we can be a source for change that ends the crisis.
Contact information
Mailing address:
Water for Good
PO Box 2868
Bentonville, AR 72712
Website: waterforgood.org
Phone: 479-360-5030
Email: [email protected]
Organization details
EIN: 320112278
CEO/President: Dave LeVan, MBA
Chairman: John Drechny
Board size: 17
Founder: Jim Hocking
Ruling year: 2004
Tax deductible: Yes
Fiscal year end: 12/31
Member of ECFA: Yes
Member of ECFA since: 2024
Purpose
Every child experiences safe water, a healthy community, and God's love.
Mission statement
Transforming lives through sustainable access to safe water, improved sanitation and hygiene in the places that need it most. As of Jan. 1, 2024, Water for Good and Lifewater International have become one entity and will function under the name Water for Good.
Statement of faith
Demonstrating God's love motivates our mission every day. Water for Good is a Christian, faith-based organization. We are committed to demonstrating God's love to all people through access to safe, reliable water, and improved sanitation and hygiene in places that need it most. We stand by the belief of the Christian faith, and our understanding of God, ourselves, and the world as summarized in the Apostle's Creed. Christians from all cultures have used these words for centuries to define the Christian faith.
Donor confidence score
Transparency grade
A
To understand our transparency grade, click here.
Financial efficiency ratings
Sector: Relief and Development
| Category | Rating | Overall rank | Sector rank |
| Overall efficiency rating | | 963 of 1123 | 85 of 101 |
| Fund acquisition rating | | 1020 of 1124 | 91 of 101 |
| Resource allocation rating | | 960 of 1124 | 87 of 101 |
| Asset utilization rating | | 472 of 1123 | 45 of 101 |
Financial ratios
| Funding ratios | Sector median | 2023 | 2022 | 2021 | 2020 | 2019 |
Return on fundraising efforts Return on fundraising efforts = Fundraising expense / Total contributions | 7% | 15% | 13% | 13% | 14% | 17% |
Fundraising cost ratio Fundraising cost ratio = Fundraising expense / Total revenue | 6% | 15% | 12% | 13% | 14% | 17% |
Contributions reliance Contributions reliance = Total contributions / Total revenue | 99% | 99% | 99% | 99% | 99% | 99% |
Fundraising expense ratio Fundraising expense ratio = Fundraising expense / Total expenses | 6% | 16% | 14% | 13% | 16% | 14% |
Other revenue reliance Other revenue reliance = Total other revenue / Total revenue | 1% | 1% | 1% | 1% | 1% | 1% |
| Operating ratios | Sector median | 2023 | 2022 | 2021 | 2020 | 2019 |
Program expense ratio Program expense ratio = Program services / Total expenses | 86% | 76% | 70% | 78% | 72% | 73% |
Spending ratio Spending ratio = Total expenses / Total revenue | 100% | 90% | 90% | 100% | 86% | 118% |
Program output ratio Program output ratio = Program services / Total revenue | 87% | 68% | 63% | 78% | 62% | 86% |
Savings ratio Savings ratio = Surplus (deficit) / Total revenue | 0% | 10% | 10% | 0% | 14% | -18% |
Reserve accumulation rate Reserve accumulation rate = Surplus (deficit) / Net assets | 1% | 21% | 23% | -1% | 32% | -47% |
General and admin ratio General and admin ratio = Management and general expense / Total expenses | 7% | 8% | 16% | 10% | 11% | 13% |
| Investing ratios | Sector median | 2023 | 2022 | 2021 | 2020 | 2019 |
Total asset turnover Total asset turnover = Total expenses / Total assets | 1.54 | 1.70 | 1.66 | 1.93 | 1.55 | 1.87 |
Degree of long-term investment Degree of long-term investment = Total assets / Total current assets | 1.24 | 1.63 | 1.36 | 1.53 | 1.25 | 1.40 |
Current asset turnover Current asset turnover = Total expenses / Total current assets | 2.12 | 2.77 | 2.26 | 2.95 | 1.94 | 2.62 |
| Liquidity ratios | Sector median | 2023 | 2022 | 2021 | 2020 | 2019 |
Current ratio Current ratio = Total current assets / Total current liabilities | 13.47 | 26.77 | 25.02 | 78.34 | 10.72 | 7.34 |
Current liabilities ratio Current liabilities ratio = Total current liabilities / Total current assets | 0.07 | 0.04 | 0.04 | 0.01 | 0.09 | 0.14 |
Liquid reserve level Liquid reserve level = (Total current assets - Total current liabilities) / (Total expenses / 12) | 4.71 | 4.17 | 5.10 | 4.02 | 5.62 | 3.95 |
| Solvency ratios | Sector median | 2023 | 2022 | 2021 | 2020 | 2019 |
Liabilities ratio Liabilities ratio = Total liabilities / Total assets | 8% | 10% | 16% | 18% | 22% | 39% |
Debt ratio Debt ratio = Debt / Total assets | 0% | 0% | 0% | 0% | 0% | 0% |
Reserve coverage ratio Reserve coverage ratio = Net assets / Total expenses | 53% | 53% | 51% | 42% | 51% | 33% |
Financials
| Balance sheet | |||||
| Assets | 2023 | 2022 | 2021 | 2020 | 2019 |
| Cash | $2,383,923 | $2,431,043 | $1,370,928 | $1,736,786 | $1,532,880 |
| Receivables, inventories, prepaids | $397,090 | $416,199 | $662,997 | $867,514 | $481,707 |
| Short-term investments | $0 | $0 | $0 | $0 | $0 |
| Other current assets | $0 | $0 | $0 | $0 | $0 |
| Total current assets | $2,781,013 | $2,847,242 | $2,033,925 | $2,604,300 | $2,014,587 |
| Long-term investments | $62,372 | $56,968 | $67,267 | $49,827 | $47,037 |
| Fixed assets | $1,506,109 | $869,569 | $903,674 | $527,343 | $654,780 |
| Other long-term assets | $183,398 | $100,597 | $99,662 | $70,491 | $112,022 |
| Total long-term assets | $1,751,879 | $1,027,134 | $1,070,603 | $647,661 | $813,839 |
| Total assets | $4,532,892 | $3,874,376 | $3,104,528 | $3,251,961 | $2,828,426 |
| Liabilities | 2023 | 2022 | 2021 | 2020 | 2019 |
| Payables and accrued expenses | $103,888 | $113,802 | $25,963 | $243,015 | $274,342 |
| Other current liabilities | $0 | $0 | $0 | $0 | $0 |
| Total current liabilities | $103,888 | $113,802 | $25,963 | $243,015 | $274,342 |
| Debt | $0 | $0 | $0 | $0 | $0 |
| Due to (from) affiliates | $0 | $0 | $0 | $0 | $0 |
| Other long-term liabilities | $348,096 | $492,003 | $548,123 | $460,652 | $824,667 |
| Total long-term liabilities | $348,096 | $492,003 | $548,123 | $460,652 | $824,667 |
| Total liabilities | $451,984 | $605,805 | $574,086 | $703,667 | $1,099,009 |
| Net assets | 2023 | 2022 | 2021 | 2020 | 2019 |
| Without donor restrictions | $4,080,908 | $3,268,571 | $2,528,192 | $2,474,348 | $1,666,167 |
| With donor restrictions | $0 | $0 | $2,250 | $73,946 | $63,250 |
| Net assets | $4,080,908 | $3,268,571 | $2,530,442 | $2,548,294 | $1,729,417 |
| Revenues and expenses | |||||
| Revenue | 2023 | 2022 | 2021 | 2020 | 2019 |
| Total contributions | $8,496,057 | $7,106,224 | $5,919,290 | $5,788,881 | $4,415,725 |
| Program service revenue | $35,203 | $58,868 | $40,303 | $43,975 | $29,444 |
| Membership dues | $0 | $0 | $0 | $0 | $0 |
| Investment income | $31,287 | $9,658 | $14,163 | $31,101 | $21,096 |
| Other revenue | $3,054 | $4,601 | $0 | $0 | $5,488 |
| Total other revenue | $69,544 | $73,127 | $54,466 | $75,076 | $56,028 |
| Total revenue | $8,565,601 | $7,179,351 | $5,973,756 | $5,863,957 | $4,471,753 |
| Expenses | 2023 | 2022 | 2021 | 2020 | 2019 |
| Program services | $5,864,067 | $4,487,191 | $4,664,946 | $3,640,257 | $3,832,448 |
| Management and general | $578,165 | $1,050,998 | $577,206 | $578,815 | $706,706 |
| Fundraising | $1,263,250 | $892,734 | $756,753 | $826,008 | $741,058 |
| Total expenses | $7,705,482 | $6,430,923 | $5,998,905 | $5,045,080 | $5,280,212 |
| Change in net assets | 2023 | 2022 | 2021 | 2020 | 2019 |
| Surplus (deficit) | $860,119 | $748,428 | ($25,149) | $818,877 | ($808,459) |
| Other changes in net assets | $0 | $0 | $0 | $0 | $0 |
| Total change in net assets | $860,119 | $748,428 | ($25,149) | $818,877 | ($808,459) |
Compensation
| Name | Title | Compensation |
| Jon Allen | CEO | $203,669 |
| Seda Arzumanyan | Chief Development Officer | $140,781 |
| Jim Hocking | Founder | $132,379 |
Compensation data as of: 12/31/2023
Response from ministry
No response has been provided by this ministry.
The information below was provided to MinistryWatch by the ministry itself. It was last updated 2/11/2025. To update the information below, please email: [email protected]
History
For decades, Lifewater International and Water for Good have shared a common vision: to bring hope, health, and opportunity to the world's most vulnerable communities through reliable water, sanitation, and hygiene. Our shared commitment has grown even stronger with the merger of our two organizations, uniting our legacies to amplify our impact.
Lifewater International began in 1977 with a bold vision: to provide safe water as a tangible expression of God's love. Driven by faith and a deep compassion for underserved communities, Lifewater's early efforts equipped individuals with tools and training to develop sustainable water systems. Over time, our approach evolved to focus on the lasting transformation that comes from pairing clean water access with hygiene education and sanitation improvements.
Similarly, Water for Good was founded with a mission to tackle water insecurity in the Central African Republic. By emphasizing collaboration, community ownership, and long-term sustainability, Water for Good has provided not just wells but systems that work-day after day, year after year.
In 2024, Lifewater International and Water for Good joined forces, combining decades of experience, innovation, and faith-driven service. Together, we are creating an even stronger foundation to tackle the water crisis at scale. By merging Lifewater's holistic WASH (Water, Sanitation, and Hygiene) expertise with Water for Good's proven success in sustainable water system maintenance, we're ensuring that every project has an enduring impact.