Nonprofit · EIN 47-3742649
FOUNDATIONS OF FAITH
Tax-exempt · PORTALES, NM 88130
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2025 | 990 | $136,992 | $141,119 | -$4,127 | $71,419 | $1,969 | $69,450 |
| December 31, 2024 | 990 | $75,901 | $203,518 | -$127,617 | $76,109 | $2,532 | $73,577 |
| December 31, 2023 | 990 | $172,741 | $131,511 | $41,230 | $203,774 | $2,580 | $201,194 |
Financial details: 990 for the year ended December 31, 2025
Revenue
- Contributions, gifts and grants
- $136,992
- of which government grants
- $136,992
- Program service revenue
- $0
- Investment income
- $0
- Other revenue
- $0
Expenses
- Grants and similar amounts paid
- $0
- Other salaries and wages
- $82,179
- Salaries, compensation and benefits (total)
- $88,947
- Professional fundraising fees
- $0
- Accounting fees
- $1,209
- Travel
- $385
- Depreciation
- $12,151
- Program services (functional)
- $141,119
Balance sheet and other
- Total assets, start of year
- $76,109
- Total assets, end of year
- $71,419
- Total liabilities, end of year
- $1,969
- Net assets, end of year
- $69,450
- Land, buildings and equipment
- $16,423
- Net assets without donor restrictions
- $69,450
- Gross receipts
- $136,992
- Employees
- 8
- Year formed
- 2015
- State of legal domicile
- NM
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, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| LANCE JONES | DIRECTOR Trustee or director | – | $0 |
| VALERIE JONES | DIRECTOR Trustee or director | – | $0 |
| STANLEY JONES | PRESIDENT Officer | – | $0 |
990 for the year ended December 31, 2024: 3 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| LANCE JONES | DIRECTOR Trustee or director | – | $0 |
| VALERIE JONES | DIRECTOR Trustee or director | – | $0 |
| STANLEY JONES | PRESIDENT Officer | – | $0 |
990 for the year ended December 31, 2023: 3 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| LANCE JONES | DIRECTOR Trustee or director | – | $0 |
| VALERIE JONES | DIRECTOR Trustee or director | – | $0 |
| STANLEY JONES | PRESIDENT Officer | – | $0 |
Address and contacts
- Address (IRS master file)
- 300 N CHICAGO AVE, PORTALES, NM 88130-5469
- Principal officer (990 for 2025)
- LANCE JONES
- Signed the 990
- STANLEY JONES, PRESIDENT
- Phone
- (575) 760-7321
- Return prepared by
- JEREMY R LUSK CPA PC
Mission
PLANNING AND ORGANIZING RELIGIOUS ACTIVITIES
Program accomplishments
- PLANNING AND ORGANIZING RELIGIOUS EVENTS
- ORGANIZING/PLANNING OF RELIGIOUS ACTIVITIES AND EVENTSExpenses $141,119
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 year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | December 31, 2025 | May 15, 2026 | 990 on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990 on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990 on file |
IRS record
- EIN
- 47-3742649
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Publicly supported organization (509(a)(2))
- Donations deductible (Pub 78)
- Public charity, 50% deduction limit
- Exempt since
- 2016
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Religion-related (X20)
- Assets (IRS master file)
- $71,419
- Income (IRS master file)
- $136,992
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2025 | $136,992 | $141,119 | $71,419 | XML |
| 990 | December 2024 | $75,901 | $203,518 | $76,109 | XML |
| 990 | December 2023 | $172,741 | $131,511 | $203,774 | XML |
| 990 | December 2022 | $106,067 | $101,109 | $144,574 | IRS |
| 990 | December 2021 | – | – | – | IRS |
| 990 | December 2020 | – | – | – | IRS |
| 990 | December 2019 | – | – | – | IRS |
| 990 | December 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 47-3742649).
Questions about FOUNDATIONS OF FAITH
- What is the EIN of FOUNDATIONS OF FAITH?
- The employer identification number (EIN) of FOUNDATIONS OF FAITH is 47-3742649.
- Is FOUNDATIONS OF FAITH tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2016.
- Are donations to FOUNDATIONS OF FAITH tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does FOUNDATIONS OF FAITH 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 FOUNDATIONS OF FAITH due?
- The return for tax year 2026 (the year ending December 31, 2026) is due May 17, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did FOUNDATIONS OF FAITH last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended December 2025.
- Who is the principal officer of FOUNDATIONS OF FAITH?
- The 990 for the year ended December 31, 2025 names LANCE JONES.
- Who are the officers and directors of FOUNDATIONS OF FAITH?
- The 990 for the year ended December 31, 2025 lists 3 people; 0 received compensation from the organization.
- How much revenue does FOUNDATIONS OF FAITH have?
- On its 990 for the year ended December 31, 2025 it reported revenue of $136,992, expenses of $141,119 and total assets of $71,419 at year end.
Other nonprofits in PORTALES
- APOSTOLIC FAITH MINISTRIES EIN 87-0884620 · last filed 990-N for 2025
- SECRET PLACE MINISTRIES EIN 87-2094486 · last filed 990-N for 2025
- ROOSEVELT COUNTY ELECTRIC COOPERATIVE INCORPORATED EIN 85-0065332 · last filed 990 for 2024
- LA CASA DE BUENA SALUD INC EIN 23-7429653 · last filed 990 for 2025
- EASTERN NEW MEXICO UNIVERSITY FOUNDATION EIN 85-0266258 · last filed 990 for 2025
- NEW MEXICO CHRISTIAN CHILDRENS HOME INC EIN 85-6018576 · last filed 990 for 2025
- THE NEW MEXICO BAPTIST CHILDRENS HOME EIN 85-0437099 · last filed 990 for 2024
- COMMUNITY SERVICES CENTER EIN 85-6013260 · last filed 990 for 2025