Go Drill International Inc
- Assets
- $186.8k
- Revenue
- $212.1k
- Investments
- $0.0
- Employees
- 2
- Location
- Giddings, TX
- Founding
- 11/2013
- Data as of
- 12/2022
- EIN
- 90-0855652
Organization Overview
Go Drill International Inc is located in Giddings, TX. The organization was established in 2013. According to its NTEE Classification (X20) the organization is classified as: Christianity, under the broad grouping of Religion-Related and related organizations. As of 12/2022, Go Drill International Inc employed 2 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Go Drill International Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2022, Go Drill International Inc generated $212.1k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (3.4%) each year. All expenses for the organization totaled $257.5k during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
CHARITABLE ACTIVITIES RELATED TO GROUND WATER INDUSTRY IN POOR AND REMOTE AREAS OF FOREIGN NATIONS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
DRILLING- DRILLED AND COMPLETED 30 WELLS, PROVIDING CLEAN WATER TO MORE THAN 114,000 PEOPLE IN THE REMOTE DISTRICT OF LIWALE. THIS REDUCED THE BURDEN (TIME AND WORKLOAD) ON WOMEN AND CHILDREN OF THE DAILY REQUIREMENT OF OBTAINING WATER.
AGRICULTURAL IMPROVEMENT PROJECT - TRAIN LOCAL FARMERS IN ECONOMICAL AND SIMPLE WAYS TO IMPROVE CROP PRODUCTION AND YIELD. PLANTED A FIELD FOR DEMONSTRATION AND TRAINING. PLANTED TREES THAT HAVE MULTIPLE USES AND AID IN FIGHTING EROSION BY KEEPING SOILS STABLE AND IN PLACE.
DRILLING- DRILLED AND COMPLETED 30 WELLS, PROVIDING CLEAN WATER TO MORE THAN 114,000 PEOPLE IN THE REMOTE DISTRICT OF LIWALE. THIS REDUCED THE BURDEN (TIME AND WORKLOAD) ON WOMEN AND CHILDREN OF THE DAILY REQUIREMENT OF OBTAINING WATER.
AGRICULTURAL IMPROVEMENT PROJECT - TRAIN LOCAL FARMERS IN ECONOMICAL AND SIMPLE WAYS TO IMPROVE CROP PRODUCTION AND YIELD. PLANTED A FIELD FOR DEMONSTRATION AND TRAINING. PLANTED TREES THAT HAVE MULTIPLE USES AND AID IN FIGHTING EROSION BY KEEPING SOILS STABLE AND IN PLACE.
COMMUNITY DEVELOPMENT- WE ARE NOW CONSISTENTLY PRODUCING UP TO 800 FRY PER WEEK AND HARVESTING MORE THAN 3 TONS OF TILAPIA EACH YEAR. IN ADDITION, WE ALSO PROVIDE EDUCATION AID TO STUDENTS AND TEACHERS IN THE AREA. THIS INCLUDES PROVIDING BOOKS, SCHOOL SUPPLIES AND GUTTERS FOR RAINWATER. WE ALSO PROVIDE SCHOLARSHIPS TO STUDENTS WANTING TO ATTEND TRADE SCHOOL OR COLLEGE. POLIO HAS BECOME AN ISSUE AGAIN IN TANZANIA, SO GO DRILL HAS BEEN PROVIDING MUCH-NEEDED LOGISTICS FOR EXTREMELY REMOTE AREAS OF LIWALE.
COMMUNITY DEVELOPMENT- WE ARE NOW CONSISTENTLY PRODUCING UP TO 800 FRY PER WEEK AND HARVESTING MORE THAN 3 TONS OF TILAPIA EACH YEAR. IN ADDITION, WE ALSO PROVIDE EDUCATION AID TO STUDENTS AND TEACHERS IN THE AREA. THIS INCLUDES PROVIDING BOOKS, SCHOOL SUPPLIES AND GUTTERS FOR RAINWATER. WE ALSO PROVIDE SCHOLARSHIPS TO STUDENTS WANTING TO ATTEND TRADE SCHOOL OR COLLEGE. POLIO HAS BECOME AN ISSUE AGAIN IN TANZANIA, SO GO DRILL HAS BEEN PROVIDING MUCH-NEEDED LOGISTICS FOR EXTREMELY REMOTE AREAS OF LIWALE.
PUMP REPAIR- REFURBISHED 6 AGING WELLS WITH NEW PUMP SYSTEMS. IN ADDITION, WE PERFORMED 59 OTHER REPAIR JOBS TO WELLS IN THE AREA.
PUMP REPAIR- REFURBISHED 6 AGING WELLS WITH NEW PUMP SYSTEMS. IN ADDITION, WE PERFORMED 59 OTHER REPAIR JOBS TO WELLS IN THE AREA.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Scott Placke President | OfficerTrustee | 50 | $41,748 |
Rebecca Placke Vice-President | OfficerTrustee | 50 | $38,000 |
Connie Cooper Secretary | OfficerTrustee | 15 | $0 |
Jim Jaeger Board Member | Trustee | 1 | $0 |
Will Moore Board Member | Trustee | 1 | $0 |
Dr Bill Pieratt Board Member | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $212,031 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $212,031 |
| Total Program Service Revenue | $0 |
| Investment income | $23 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $212,054 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $79,748 |
| Compensation of current officers, directors, key employees. | $7,975 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $6,101 |
| Fees for services: Management | $350 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $50,716 |
| Advertising and promotion | $0 |
| Office expenses | $1,799 |
| Information technology | $4,671 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $15,053 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $24,047 |
| Insurance | $0 |
| All other expenses | $8,840 |
| Total functional expenses | $257,508 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $111,552 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $75,283 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $186,835 |
| Accounts payable and accrued expenses | $4,191 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $4,191 |
| Net assets without donor restrictions | $182,644 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $186,835 |