FOUNTAINS OF HOPE INTERNATIONAL INC

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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year

2009

Legal Domicile

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 INTERNATIONAL INC IS COMMITTED TO SERVING GOD BY PROVIDING SAFE WATER AND COMMUNITY NEEDS IN DEVELOPING COUNTRIES.

Program Service Accomplishments

Program 1

Expenses: $307,118

INSTALLATION, INTEGRATION, AND EDUCATION OF SAFE WATER PURIFICATION SYSTEMS AND COMMUNITY DEVELOPMENT.

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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%)

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

Governance

Voting Members

Independent Members

Employees

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

$74,618

Total Directors

Key Employees

Highest Compensated

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