THE WATER HOLE

EIN: 020628948 501(c)(3) Religion

UTOPIA, TX

Total Revenue
$221,821
Total Expenses
$429,364
Total Assets
$1,201,787
Net Assets
$1,190,204
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2002
Legal Domicile
TX
Principal Officer
ROBERT RICHARZ
Phone
8309662426
Tax Period
2024-01-01 to 2024-12-31

THE WATER HOLE, founded in 2002, is a small nonprofit in the Religion sector that reported $222K in total revenue in fiscal year 2024. Revenue fell 46% from the prior year — a significant decline worth monitoring. Expenses of $429K exceeded revenue, resulting in a 94% operating deficit.

Mission

THIS MINISTRY SHALL ORGANIZE AND OPERATE EXCLUSIVELY FOR RELIGIOUS PURPOSES WITHIN THE MEANING OF SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE OF 1954, AS AMENDED, OR ANY SUPERSEDING SECTION IN ORDER TO: 1. MINISTER THE WORD OF GOD 2.CONDUCT A REGULAR RELIGIOUS WORSHIP SERVICE THROUGH VARIOUS FORMS OF MINISTRIES 3.PROMOTE AND ENCOURAGE, THROUGH THE MINISTRIES OF THE ORGANIZATION, COOPERATION WITH OTHER ORGANIZATIONS MINISTERING WITHIN THE COMMUNITY 4. SPREAD THE WORD OF THE GOSPEL BY MINISTERING TO ALL THROUGH SEMINARS, RADIO, TELEVISION,AND OTHER FORMS OF MASS MEDIA 5. TO CONDUCT A LOCAL AND INTERNATIONAL OUTREACH MINISTRY BY THE DIRECTION OF THE LORD JESUS CHRIST AND UNDER THE LEADERSHIP OF THE HOLY SPIRIT IN ACCORDANCE WITH ALL THE PROVISIONS AS SET FORTH IN THE HOLY BIBLE 6. TO MAINTAIN LOCAL AND MISSIONARY MINISTRY FACILITIES 7. TO CONDUCT A SCHOOL FOR THE TRAINING OF MINISTERS 8. TO LICENSE AND ORDAIN QUALIFIED INDIVIDUALS INCLUDING GRADUATES OF THE MINISTERIAL SCHOOL.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $197,690
Program Service Revenue $0
Investment Income $23,107
Other Revenue $1,024
TOTAL REVENUE $221,821

Expense Breakdown

Grants Paid $367,740
Salaries & Benefits $59,853
Fundraising Expenses $0
Program Expenses $417,129
Other Expenses $1,771
TOTAL EXPENSES $429,364

Year-over-Year Comparison

2024 2023 Change
Revenue $221,821 $409,920 -0.5%
Expenses $429,364 $179,667 +1.4%
Net Income $-207,543 $230,253 -1.9%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Financial Health Indicators

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Liquidity & Cash Position

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Governance

Voting Members
9
Independent Members
8
Employees
1
Volunteers
25

Governance Policies

Conflict of Interest Policy
Whistleblower Policy
Document Retention Policy

Special Practices & Reported Activities

Operated a School
Operated a Hospital
Provided First Class Travel
Reported Conflict of Interest
Reported Asset Diversion
Excess Benefit Transaction
Made Political Expenditures
Engaged in Lobbying
Operated Donor Advised Fund
Maintained Art Collections
Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
4
$57,411
Total Directors
9
$57,411
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
DARCI DUNLEAVY TREASURER 50.00
Officer Director
$57,411 $0 $57,411
IVAN TAIT BOARD MEMBER 2.00
Director
$0 $0 $0
CHAD HILLIS BOARD MEMBER 1.00
Director
$0 $0 $0
JOSEF RICHARZ BOARD MEMBER 1.00
Director
$0 $0 $0
BILL SCHAEFER BOARD MEMBER 1.00
Director
$0 $0 $0
WYNNE GOSS BOARD MEMBER 1.00
Director
$0 $0 $0
ROBERT RICHARZ PRESIDENT 5.00
Officer Director
$0 $0 $0
DUANE HILLIS VICE PRESIDENT 1.00
Officer Director
$0 $0 $0
LAURA RICHARZ SECRETARY 1.00
Officer Director
$0 $0 $0
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2024 $221,821 $429,364 $1,201,787 $-207,543
2023 $409,920 $179,667 $1,401,353 $230,253
2022 $556,209 $296,872 $1,069,321 $259,337
2021 $567,958 $162,771 $809,984 $405,187
2020 $371,027 $318,227 $381,848 $52,800
2019 $353,294 $243,120 $329,048 $110,174
2018 $292,928 $240,852 $218,874 $52,076
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