FOUNTAINS OF HOPE INTERNATIONAL INC

EIN: 270503531 501(c)(3) International Affairs

CARMEL, IN

Total Revenue
$356,810
Total Expenses
$407,516
Total Assets
$61,413
Net Assets
$56,635
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2009
Legal Domicile
IN
Principal Officer
WILLIAM D FARRAR
Phone
3172899170
Tax Period
2023-01-01 to 2023-12-31

FOUNTAINS OF HOPE INTERNATIONAL INC, founded in 2009, is a small nonprofit in the International Affairs sector that reported $357K in total revenue in fiscal year 2023. Revenue decreased 6% compared to the prior year. Expenses of $408K exceeded revenue, resulting in a 14% operating deficit.

Mission

FOUNTAINS OF HOPE IS COMMITTED TO SERVING GOD BY PROVIDING SAFE WATER AND COMMUNITY NEEDS IN DEVELOPING COUNTRIES.

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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 (2023)

Revenue Breakdown

Contributions & Grants $372,833
Program Service Revenue $0
Investment Income $0
Other Revenue $-16,023
TOTAL REVENUE $356,810

Expense Breakdown

Grants Paid $0
Salaries & Benefits $93,670
Fundraising Expenses $37,798
Program Expenses $307,118
Other Expenses $289,846
TOTAL EXPENSES $407,516

Year-over-Year Comparison

2023 2022 Change
Revenue $356,810 $379,598 -0.1%
Expenses $407,516 $331,969 +0.2%
Net Income $-50,706 $47,629 -2.1%
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

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

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Governance

Voting Members
8
Independent Members
8
Employees
2
Volunteers
300

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
5
$74,618
Total Directors
4
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
WILLIAM D FARRAR EXECUTIVE DI 40.00
Officer
$72,000 $2,618 $74,618
BETSY BINKERHOLDER BOARD MEMBER 4.00
Director
$0 $0 $0
CHRISTOPHER BOONE BOARD MEMBER 4.00
Director
$0 $0 $0
ANGIE MURRELL BOARD MEMBER 4.00
Director
$0 $0 $0
TIM SEXTON BOARD MEMBER 4.00
Director
$0 $0 $0
RICHARD ADERMAN PRESIDENT 4.00
Officer
$0 $0 $0
DR GUY CROWDER VICE PRESIDE 4.00
Officer
$0 $0 $0
MARY DAVIS SECRETARY 4.00
Officer
$0 $0 $0
DR JEFFRY SOLDATIS TREASURER 4.00
Officer
$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 No data No data No data No data
2023 $356,810 $407,516 $61,413 $-50,706
2023 $356,810 $407,516 $61,413 $-50,706
2022 $379,598 $331,969 $115,510 $47,629
2021 $291,275 $298,727 $79,273 $-7,452
2020 $244,208 $196,935 $78,939 $47,273
2019 $232,496 $241,095 $88,384 $-8,599
2018 $258,099 $248,104 $47,984 $9,995
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