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Nonprofit · EIN 27-0503531

FOUNTAINS OF HOPE INTERNATIONAL INC

Tax-exempt · CARMEL, IN 46032

Financials

$357K$408K2023$390K$333K2024
Revenue Expenses · by fiscal year end
Financials of FOUNTAINS OF HOPE INTERNATIONAL INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990$390,209$333,059$57,150$121,385$7,542$113,843
December 31, 2023990 (amended)$356,810$407,516-$50,706$61,413$4,778$56,635
Financial details: 990 for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$427,864
Program service revenue
$0
Investment income
$0
Net income from fundraising events
-$37,655
Other revenue
-$37,655

Expenses

Grants and similar amounts paid
$0
Compensation of officers, directors and key employees
$72,000
Other salaries and wages
$17,275
Salaries, compensation and benefits (total)
$98,732
Professional fundraising fees
$23,000
Legal fees
$22
Occupancy
$1,200
Travel
$46,953
Program services (functional)
$215,284
Management and general (functional)
$75,154
Fundraising (functional)
$42,621

Balance sheet and other

Total assets, start of year
$61,413
Total assets, end of year
$121,385
Total liabilities, end of year
$7,542
Net assets, end of year
$113,843
Net assets without donor restrictions
$69,308
Net assets with donor restrictions
$44,535
Gross receipts
$434,464
Employees
3
Volunteers
325
Year formed
2009
State of legal domicile
IN

From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.

Officers, directors and key employees

As listed on the 990 for the year ended December 31, 2024, highest compensation first.

NameTitleHours / weekCompensationOther / benefits
William D FarrarExecutive Dir.
Officer
40$72,000$2,627
Christopher BooneBoard Member
Institutional trustee
4$0$0
Dr Guy CrowderBoard Member
Institutional trustee
4$0$0
Angie MurrellBoard Member
Institutional trustee
4$0$0
Chris KennedyBoard Member
Institutional trustee
4$0$0
Luis MartinezBoard Member
Institutional trustee
4$0$0
Richard AdermanPresident
Officer
4$0$0
Dr Jeffrey SoldatisVice President
Officer
4$0$0
Mary DavisTreasurer
Officer
4$0$0
Betsy BinkholderSecretary
Officer
4$0$0
990 for the year ended December 31, 2023: 9 people
NameTitleHours / weekCompensationOther / benefits
WILLIAM D FARRAREXECUTIVE DI
Officer
40$72,000$2,618
BETSY BINKERHOLDERBOARD MEMBER
Trustee or director
4$0$0
CHRISTOPHER BOONEBOARD MEMBER
Trustee or director
4$0$0
ANGIE MURRELLBOARD MEMBER
Trustee or director
4$0$0
TIM SEXTONBOARD MEMBER
Trustee or director
4$0$0
RICHARD ADERMANPRESIDENT
Officer
4$0$0
DR GUY CROWDERVICE PRESIDE
Officer
4$0$0
MARY DAVISSECRETARY
Officer
4$0$0
DR JEFFRY SOLDATISTREASURER
Officer
4$0$0

Address and contacts

Address (IRS master file)
10409 HOLADAY DR, CARMEL, IN 46032-4050
Signed the 990
William D Farrar, Executive Dir.
Phone
(317) 289-9170
Return prepared by
Beyond Accounting LLC

Mission

Fountains of Hope is committed to serving God by providing safe water and community needs in developing countries and in disaster relief areas worldwide.

990 for the year ended December 31, 2024

Program accomplishments

  • Installation, integration and education of safe water purification systems and community development
    Expenses $215,284

What it must file and when

IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025December 31, 2025May 15, 2026Not on file
2024December 31, 2024May 15, 2025990 on file
2023December 31, 2023May 15, 2024990 on file

IRS record

EIN
27-0503531
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Publicly supported organization (170(b)(1)(A)(vi))
Donations deductible (Pub 78)
Public charity, 50% deduction limit
Exempt since
2012
Accounting year ends
December
Files
Form 990 or 990-EZ
Assets (IRS master file)
$121,385
Income (IRS master file)
$434,464

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2024$390,209$333,059$121,385XML
990December 2023$356,810$407,516$61,413XML
990December 2022$379,598$331,969$115,510IRS
990December 2021–––IRS
990December 2020–––IRS
990December 2018–––IRS

990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 27-0503531).

Questions about FOUNTAINS OF HOPE INTERNATIONAL INC

What is the EIN of FOUNTAINS OF HOPE INTERNATIONAL INC?
The employer identification number (EIN) of FOUNTAINS OF HOPE INTERNATIONAL INC is 27-0503531.
Is FOUNTAINS OF HOPE INTERNATIONAL INC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2012.
Are donations to FOUNTAINS OF HOPE INTERNATIONAL INC tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does FOUNTAINS OF HOPE INTERNATIONAL INC file?
Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
When is the next return of FOUNTAINS OF HOPE INTERNATIONAL INC due?
The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
When did FOUNTAINS OF HOPE INTERNATIONAL INC last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended December 2024.
Who are the officers and directors of FOUNTAINS OF HOPE INTERNATIONAL INC?
The 990 for the year ended December 31, 2024 lists 10 people; 1 received compensation from the organization, the highest $72,000 (William D Farrar, Executive Dir.).
How much revenue does FOUNTAINS OF HOPE INTERNATIONAL INC have?
On its 990 for the year ended December 31, 2024 it reported revenue of $390,209, expenses of $333,059 and total assets of $121,385 at year end.

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