Civic Intelligence

Fountainville Project Inc

EIN 23-2849128 • 501(c)3 • Warminster, PA

Profile

Provide affordable housing to low-income individuals/families in the bucks county area.

626 Jacksonville Road Suite 140Warminster, PA 18974

www.bchg.com

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

97th percentile

3.65x

Higher debt load relative to assets than 97% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2024

Liabilities / Revenue

99th percentile

6.12x

Higher debt load relative to revenue than 99% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2024

Net Margin

27th percentile

-14%

Higher net margin than 27% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2024

Top Officer Pay

81st percentile

$0

Higher top officer pay than 81% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

501(c)3 • <$500k nonprofits • Source year 2024

Asset Growth

47th percentile

-3.8%

Faster asset growth than 47% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2023 to 2024

Revenue Growth

57th percentile

3.7%

Faster revenue growth than 57% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2023 to 2024

Assets

Down

$239,230

Down $9,345 (-3.8%) from 2023

Liabilities

Up

$872,262

Up $10,496 (+1.2%) from 2023

Net Assets

Down

-$633,032

Down $19,841 (-3.2%) from 2023

Revenue

Up

$142,505

Up $5,041 (+3.7%) from 2023

Expenses

Down

$162,346

Down $4,046 (-2.4%) from 2023

Net Income

Up

-$19,841

Up $9,087 (+31%) from 2023

Trend Graphs

Balance Sheet Trend

Grouped bars show assets, liabilities, and net assets across loaded filings.

$1.0M$500K$0-$500K-$1.0MAssets 2012: $429,680Liabilities 2012: $861,2172012Assets 2013: $420,251Liabilities 2013: $849,1862013Assets 2014: $385,809Liabilities 2014: $851,992Net Assets 2014: -$466,1832014Assets 2015: $374,068Liabilities 2015: $865,913Net Assets 2015: -$491,8452015Assets 2016: $391,957Liabilities 2016: $894,201Net Assets 2016: -$502,2442016Assets 2017: $287,198Liabilities 2017: $815,357Net Assets 2017: -$528,1592017Assets 2018: $297,218Liabilities 2018: $815,680Net Assets 2018: -$518,4622018Assets 2019: $286,868Liabilities 2019: $800,674Net Assets 2019: -$513,8062019Assets 2020: $309,594Liabilities 2020: $829,465Net Assets 2020: -$519,8712020Assets 2021: $259,999Liabilities 2021: $823,513Net Assets 2021: -$563,5142021Assets 2022: $245,574Liabilities 2022: $829,838Net Assets 2022: -$584,2642022Assets 2023: $248,575Liabilities 2023: $861,766Net Assets 2023: -$613,1912023Assets 2024: $239,230Liabilities 2024: $872,262Net Assets 2024: -$633,0322024

Highlighted filing

2024

Assets$239,230
Liabilities$872,262
Net Assets-$633,032

Operations Trend

Revenue, expenses, and net income by year, with the latest filing highlighted.

$200K$100K$0-$100KRevenue 2012: $145,086Expenses 2012: $130,674Net Income 2012: $14,4122012Revenue 2013: $135,788Expenses 2013: $133,186Net Income 2013: $2,6022013Revenue 2014: $102,518Expenses 2014: $139,766Net Income 2014: -$37,2482014Revenue 2015: $108,263Expenses 2015: $133,925Net Income 2015: -$25,6622015Revenue 2016: $109,519Expenses 2016: $119,918Net Income 2016: -$10,3992016Revenue 2017: $120,264Expenses 2017: $146,179Net Income 2017: -$25,9152017Revenue 2018: $129,611Expenses 2018: $119,914Net Income 2018: $9,6972018Revenue 2019: $132,578Expenses 2019: $127,922Net Income 2019: $4,6562019Revenue 2020: $136,003Expenses 2020: $142,071Net Income 2020: -$6,0682020Revenue 2021: $133,798Expenses 2021: $177,438Net Income 2021: -$43,6402021Revenue 2022: $135,021Expenses 2022: $155,771Net Income 2022: -$20,7502022Revenue 2023: $137,464Expenses 2023: $166,392Net Income 2023: -$28,9282023Revenue 2024: $142,505Expenses 2024: $162,346Net Income 2024: -$19,8412024

Highlighted filing

2024

Revenue$142,505
Expenses$162,346
Net Income-$19,841

Filings

Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jul 1, 2023 to Jun 30, 2024
Signed
May 13, 2025
Return Version
2023v6.0
Gross Receipts
$142,505
Mission and Program Overview

Mission

Provide affordable housing to low-income individuals/families in the bucks county area.

Program Services

DescriptionGrantsExpenses
FOUNTAINVILLE PROJECT PROVIDES RENTAL HOUSING FOR FAMILIES WITH LOW INCOME-$162,346
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
DONNA MCQUILLENPresident-$0--
TOM STEELVice Preside-$0--
JOHN MORRASHTreasurer-$0--
JESSICA FINNELLSecretary-$0--
DONNA MCHUGHBoard Member-$0--
JOSEPH SZAFRANBoard Member-$0--
ZACHERY BERGERBoard Member-$0--
TED BREDIKINBoard Member-$0--
JENNIFER BURNSBoard Member-$0--
JAMES DODAROBoard Member-$0--
JASON FOSTER-BEYBoard Member-$0--
CONNOR O'HANLONBoard Member-$0--
MICHAEL WILLIAMSBoard Member-$0--
ERIK CLAREExecutive DiPT$0--
Filing and Contact Details

Filer

Filer Name
Fountainville Project Inc
EIN
23-2849128
Phone
2153948259
Address
626 JACKSONVILLE ROAD SUITE 140, WARMINSTER, PA 18974

Signing Officer

Name
Erik Clare
Title
Executive Director
Phone
2153948259
Signed
2025-05-13
Discuss with paid preparer
Yes

Preparer

Firm
O'HARA WARD & ASSOCIATES
Address
301 OXFORD VALLEY ROAD UNIT 401B, YARDLEY, PA 19067
Preparer
Charles Ward
Phone
2153225558
Supplemental Narrative

Additional Explanations

Form 990-ez, Part I, Line 8

Tenant charges 425 total 425

Form 990-ez, Part I, Line 16

Expenses office 2,610 travel 3,541 insurance 15,455 bad debt expense 2,992 inspection fees 50 real estate taxes 10,486 security 1,893 supplies 7,473 telephone & cable 1,009 trash removal 4,586 total 50,095

Form 990-ez, Part II, Line 24

Accounts receivable 5,279 5,901 prepaid expenses and deferred charges 2,514 2,504 total 7,793 8,405

Form 990-ez, Part II, Line 26

Accounts payable and accrued expenses 6,322 8,126 deferred revenue 2,162 0 security deposits 17,485 15,115 due to related party 61,797 75,021 mortgage and other notes payable 774,000 774,000

Form 990-ez, Part III

Provide affordable housing to low-income individuals/families in the bucks county area.

Raw XML Appendix196 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0TENANT CHARGES 425 TOTAL 425
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1EXPENSES OFFICE 2,610 TRAVEL 3,541 INSURANCE 15,455 BAD DEBT EXPENSE 2,992 INSPECTION FEES 50 REAL ESTATE TAXES 10,486 SECURITY 1,893 SUPPLIES 7,473 TELEPHONE & CABLE 1,009 TRASH REMOVAL 4,586 TOTAL 50,095
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2ACCOUNTS RECEIVABLE 5,279 5,901 PREPAID EXPENSES AND DEFERRED CHARGES 2,514 2,504 TOTAL 7,793 8,405
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3ACCOUNTS PAYABLE AND ACCRUED EXPENSES 6,322 8,126 DEFERRED REVENUE 2,162 0 SECURITY DEPOSITS 17,485 15,115 DUE TO RELATED PARTY 61,797 75,021 MORTGAGE AND OTHER NOTES PAYABLE 774,000 774,000
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4PROVIDE AFFORDABLE HOUSING TO LOW-INCOME INDIVIDUALS/FAMILIES IN THE BUCKS COUNTY AREA.
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IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990-EZ, PART II, LINE 26
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