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Nonprofit · EIN 47-3742649

FOUNDATIONS OF FAITH

Tax-exempt · PORTALES, NM 88130

Financials

$173K$132K2023$76K$204K2024$137K$141K2025
Revenue Expenses · by fiscal year end
Financials of FOUNDATIONS OF FAITH by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2025990$136,992$141,119-$4,127$71,419$1,969$69,450
December 31, 2024990$75,901$203,518-$127,617$76,109$2,532$73,577
December 31, 2023990$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.

NameTitleHours / weekCompensation
LANCE JONESDIRECTOR
Trustee or director
–$0
VALERIE JONESDIRECTOR
Trustee or director
–$0
STANLEY JONESPRESIDENT
Officer
–$0
990 for the year ended December 31, 2024: 3 people
NameTitleHours / weekCompensation
LANCE JONESDIRECTOR
Trustee or director
–$0
VALERIE JONESDIRECTOR
Trustee or director
–$0
STANLEY JONESPRESIDENT
Officer
–$0
990 for the year ended December 31, 2023: 3 people
NameTitleHours / weekCompensation
LANCE JONESDIRECTOR
Trustee or director
–$0
VALERIE JONESDIRECTOR
Trustee or director
–$0
STANLEY JONESPRESIDENT
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

990 for the year ended December 31, 2025

Program accomplishments

  • PLANNING AND ORGANIZING RELIGIOUS EVENTS
  • ORGANIZING/PLANNING OF RELIGIOUS ACTIVITIES AND EVENTS
    Expenses $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 yearYear endedDueIRS public records
2025December 31, 2025May 15, 2026990 on file
2024December 31, 2024May 15, 2025990 on file
2023December 31, 2023May 15, 2024990 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

FormYear endedRevenueExpensesAssetsReturn
990December 2025$136,992$141,119$71,419XML
990December 2024$75,901$203,518$76,109XML
990December 2023$172,741$131,511$203,774XML
990December 2022$106,067$101,109$144,574IRS
990December 2021–––IRS
990December 2020–––IRS
990December 2019–––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 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.

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