Fountains Charitable Foundation Inc

990EZ • Fiscal year 2018 • EIN 81-3395903

Jan 01, 2018 to Dec 31, 2018 • Filed on Mar 21, 2019

Organization Profile www.fountainsfoundation.org

5659 FountainsdrsLake Worth, FL 33467-5776

(561) 968-1668

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2018 filings • 501(c)3 • <$500k nonprofits • Source year 2018

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2018 filings • 501(c)3 • <$500k nonprofits • Source year 2018

25%

Higher net margin than 80% of similar nonprofits.

2018 filings • 501(c)3 • <$500k nonprofits • Source year 2018

Higher top officer pay than 76% of similar nonprofits.

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

2018 filings • 501(c)3 • <$500k nonprofits • Source year 2018

133%

Faster asset growth than 93% of similar nonprofits.

2018 filings • 501(c)3 • <$500k nonprofits • Annualized from 2017 to 2018

21%

Faster revenue growth than 73% of similar nonprofits.

2018 filings • 501(c)3 • <$500k nonprofits • Annualized from 2017 to 2018

Balance Sheet

Liabilities / Assets57th percentile

Assets

$52,416

Up $29,905 (+133%) from 2017

Net Assets

$52,416

Up $29,905 (+133%) from 2017

Liabilities

Flat

Flat from 2017

Revenue And Expenses

Liabilities / Revenue56th percentile Net Margin80th percentile

Revenue

$121,450

Up $20,937 (+21%) from 2017

Expenses

Down

$91,545

Down $19,487 (-18%) from 2017

Net Income

$29,905

Up $40,424 (+384%) from 2017

Historical Trend

Balance Sheet Trend

Asset Growth93rd percentile

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

Highlighted filing

2018

Assets$52,416

Liabilities$0

Net Assets$52,416

Open 2018 Filing

Operations Trend

Revenue Growth73rd percentile

Revenue, expenses, and net income across loaded years, with this filing highlighted.

Highlighted filing

2018

Revenue$121,450

Expenses$91,545

Net Income$29,905

Open 2018 Filing

Jump To

Filing Snapshot

Filing Period: Jan 1, 2018 to Dec 31, 2018
Signed: Mar 21, 2019
Return Version: 2018v3.1
Gross Receipts: $160,344

Mission and Program Overview

Mission

To support and promote charitable activities within the Fountains community located in Lake Worth, FL and provide funding to principal charities. During the past 12 months our events were able to raise sufficient funds to disburse $132,750 Grants to each of our 4 signature charities. In addition we funded $5,000 to provide meals for Health Care workers assisting COVID crisis

To support and promote charitable activities within the Fountains community located in Lake Worth, FL and provide funding to principal charities

Program Services

Description	Grants	Expenses
Provided cash grants to principal charities located at Fountains community in Lake Worth, FL	$80,000	$0

Compensation and Service Providers

Top Officer Pay76th percentile

Employees

Name	Title	Full / Part Time	Base	Other	Total
Ronald Hoffman	Treasurer	PT	$0	-	-
Molly Wilson	President	PT	$0	-	-
Kenneth Berson	Director	PT	$0	-	-
Sol Bilkus	Director	PT	$0	-	-
Diane Stewart	Director	PT	$0	-	-

Fundraising, Events, and Gaming

Fundraising Events

Event	Gross Receipts	Gross Revenue	Direct Expenses	Net Income
Gala	$26,250	$23,559	$3,386	$20,173
Golf Tournament	$37,100	$14,566	$2,445	$12,121
Total Events	$110,053	$80,090	$38,894	$41,196

Filing and Contact Details

Filer

Filer Name: Fountains Charitable Foundation Inc
EIN: 81-3395903
In Care Of: % Molly Wilson
Phone: 5619681668
Address: 5659 FOUNTAINSDRS, LAKE WORTH, FL 33467-5776

Signing Officer

Name: Ronald Hoffman
Title: Treasurer
Phone: 5619681668
Signed: 2019-03-21

Supplemental Narrative

Additional Explanations

Part I, line 10

“| Activity:, Grantee Name:, Grantee Address:, Amount:, Relationship:| Charity, The PAP Corps Foutains/Wellington, "6844 Parisian Way Lake Worth, FL 33467", $20000.00, None| Charity, Truebridge, "5300 East Avenue West Palm Beach, FL 33407", $20000.00, None| Charity, Play for P.I.N.K., "60 East 56th Street New York, NY 10022", $20000.00, None| Charity, Special Olympics Florida-Palm Beach, "2728 Lake Worth Road Lake Worth, FL 33462", $20000.00, None|”

Part I, line 16

“| Other Expenses:, Amount:| Bank and credit card fees, $1067.00| IT Costs, $1567.00| Other miscellaeous, $1109.00|”

Part II, line 24

“| Asset Name:, BOY Amount:, EOY Amount:| Prepaid Expenses, 0, $3138|”

Raw XML Appendix183 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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IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd	0	FL
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm	4	Diane Stewart
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt	0	Treasurer
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt	1	President
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt	2	Director
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt	3	Director
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt	4	Director
IRS990EZ/OperateHospitalInd	0	false
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IRS990EZ/OrganizationDissolvedEtcInd	0	false
IRS990EZ/OrganizationHadUBIInd	0	false
IRS990EZ/OtherAssetsTotalDetail/BOYAmt	0	0
IRS990EZ/OtherAssetsTotalDetail/EOYAmt	0	3138
IRS990EZ/OtherChangesInNetAssetsAmt	0	0
IRS990EZ/OtherExpensesTotalAmt	0	3743
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt	0	NONE
IRS990EZ/PartVIOfCompOfHghstPdEmplTxt	0	NONE
IRS990EZ/PoliticalCampaignActyInd	0	false
IRS990EZ/PrimaryExemptPurposeTxt	0	To support and promote charitable activities within the Fountains community located in Lake Worth, FL and provide funding to principal charities
IRS990EZ/PrintingPublicationsPostageAmt	0	7802
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IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt	0	80000
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IRS990EZ/ProhibitedTaxShelterTransInd	0	false
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IRS990EZ/SpecialEventsNetIncomeLossAmt	0	41196
IRS990EZ/SubjectToProxyTaxInd	0	false
IRS990EZ/TanningServicesProvidedInd	0	false
IRS990EZ/TotalExpensesAmt	0	91545
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IRS990EZ/TypeOfOrganizationCorpInd	0	X
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IRS990ScheduleA/First5Years509Ind	0	X
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt	0	80254
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt	0	85739
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus2YearsAmt	0	0
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus3YearsAmt	0	0
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus4YearsAmt	0	0
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt	0	165993
IRS990ScheduleA/PubliclySupportedOrg509a2Ind	0	X
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IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt	0	0
IRS990ScheduleA/Total509Grp/TotalAmt	0	165993
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt	0	80254
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IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt	0	0
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt	0	165993
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IRS990ScheduleG/FundraisingEventInformationGrp/CashPrizesEvent2Amt	0	0
IRS990ScheduleG/FundraisingEventInformationGrp/CashPrizesOtherEventsAmt	0	0
IRS990ScheduleG/FundraisingEventInformationGrp/CashPrizesTotalEventsAmt	0	0
IRS990ScheduleG/FundraisingEventInformationGrp/CharitableContributionsTotAmt	0	29963
IRS990ScheduleG/FundraisingEventInformationGrp/CharitableContriEvent1Amt	0	22534
IRS990ScheduleG/FundraisingEventInformationGrp/CharitableContriEvent2Amt	0	2691
IRS990ScheduleG/FundraisingEventInformationGrp/CharitableContriOtherEventsAmt	0	4738
IRS990ScheduleG/FundraisingEventInformationGrp/DirectExpenseSummaryEventsAmt	0	38894
IRS990ScheduleG/FundraisingEventInformationGrp/EntertainmentEvent1Amt	0	1500
IRS990ScheduleG/FundraisingEventInformationGrp/EntertainmentEvent2Amt	0	6500
IRS990ScheduleG/FundraisingEventInformationGrp/EntertainmentOtherEventsAmt	0	0
IRS990ScheduleG/FundraisingEventInformationGrp/EntertainmentTotalEventsAmt	0	8000
IRS990ScheduleG/FundraisingEventInformationGrp/Event1Nm	0	Golf Tournament
IRS990ScheduleG/FundraisingEventInformationGrp/Event2Nm	0	Gala
IRS990ScheduleG/FundraisingEventInformationGrp/FoodAndBeverageEvent1Amt	0	12400
IRS990ScheduleG/FundraisingEventInformationGrp/FoodAndBeverageEvent2Amt	0	7308
IRS990ScheduleG/FundraisingEventInformationGrp/FoodAndBeverageOtherEventsAmt	0	3028
IRS990ScheduleG/FundraisingEventInformationGrp/FoodAndBeverageTotalEventsAmt	0	22736
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsEvent1Amt	0	37100
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsEvent2Amt	0	26250
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsOtherEventsAmt	0	46703
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IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueEvent1Amt	0	14566
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IRS990ScheduleG/FundraisingEventInformationGrp/OthDirectExpnssOtherEventsAmt	0	2327
IRS990ScheduleG/FundraisingEventInformationGrp/OthDirectExpnssTotalEventsAmt	0	8158
IRS990ScheduleG/FundraisingEventInformationGrp/OtherDirectExpensesEvent1Amt	0	2445
IRS990ScheduleG/FundraisingEventInformationGrp/OtherDirectExpensesEvent2Amt	0	3386
IRS990ScheduleG/FundraisingEventInformationGrp/OtherEventsTotalCnt	0	5
IRS990ScheduleG/FundraisingEventInformationGrp/RentFacilityCostsEvent1Amt	0	0
IRS990ScheduleG/FundraisingEventInformationGrp/RentFacilityCostsEvent2Amt	0	0
IRS990ScheduleG/FundraisingEventInformationGrp/RentFcltyCostsOtherEventsAmt	0	0
IRS990ScheduleG/FundraisingEventInformationGrp/RentFcltyCostsTotalEventsAmt	0	0
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt	0	\| Activity:, Grantee Name:, Grantee Address:, Amount:, Relationship:\| Charity, The PAP Corps Foutains/Wellington, "6844 Parisian Way Lake Worth, FL 33467", $20000.00, None\| Charity, Truebridge, "5300 East Avenue West Palm Beach, FL 33407", $20000.00, None\| Charity, Play for P.I.N.K., "60 East 56th Street New York, NY 10022", $20000.00, None\| Charity, Special Olympics Florida-Palm Beach, "2728 Lake Worth Road Lake Worth, FL 33462", $20000.00, None\|
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt	1	\| Other Expenses:, Amount:\| Bank and credit card fees, $1067.00\| IT Costs, $1567.00\| Other miscellaeous, $1109.00\|
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt	2	\| Asset Name:, BOY Amount:, EOY Amount:\| Prepaid Expenses, 0, $3138\|
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc	0	Part I, line 10
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc	1	Part I, line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc	2	Part II, line 24
ReturnHeader/BuildTS	0	2019-02-21 02:37:17Z
ReturnHeader/BusinessOfficerGrp/PersonNm	0	Ronald Hoffman
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt	0	Treasurer
ReturnHeader/BusinessOfficerGrp/PhoneNum	0	5619681668
ReturnHeader/BusinessOfficerGrp/SignatureDt	0	2019-03-21
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt	0	FOUNTAINS CHARITABLE FOUNDATION INC
ReturnHeader/Filer/BusinessNameControlTxt	0	FOUN
ReturnHeader/Filer/EIN	0	813395903
ReturnHeader/Filer/InCareOfNm	0	% Molly Wilson
ReturnHeader/Filer/PhoneNum	0	5619681668
ReturnHeader/Filer/USAddress/AddressLine1Txt	0	5659 FOUNTAINSDRS
ReturnHeader/Filer/USAddress/CityNm	0	LAKE WORTH
ReturnHeader/Filer/USAddress/StateAbbreviationCd	0	FL
ReturnHeader/Filer/USAddress/ZIPCd	0	334675776
ReturnHeader/FilingSecurityInformation/IPAddress/IPv4AddressTxt	0	168.235.131.208
ReturnHeader/FilingSecurityInformation/IPDt	0	2019-03-21
ReturnHeader/FilingSecurityInformation/IPTimezoneCd	0	ES
ReturnHeader/ReturnTs	0	2019-03-21T07:16:11-04:00
ReturnHeader/ReturnTypeCd	0	990EZ
ReturnHeader/TaxPeriodBeginDt	0	2018-01-01
ReturnHeader/TaxPeriodEndDt	0	2018-12-31
ReturnHeader/TaxYr	0	2018

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2018 • Form 990EZDetailed filing. Detailed filing data is available for this year.

Open filing

Assets: $52,416
Liabilities: $0
Net assets: $52,416
Revenue: $121,450
Expenses: $91,545
Net income: $29,905

	Balance Sheet			Operations
Year	Assets	Liabilities	Net Assets	Revenue	Expenses	Net Income
2023Detailed filing. Detailed filing data is available for this year.	$0.00		$0.00	$0.15	$0.29	$0.14
2022Detailed filing. Detailed filing data is available for this year.	$0.14	$0.00	$0.14	$0.44	$0.50	$0.06
2021Detailed filing. Detailed filing data is available for this year.	$0.20	$0.00	$0.20	$0.61	$0.49	$0.11
2020Detailed filing. Detailed filing data is available for this year.	$0.09	$0.00	$0.09	$0.61	$0.70	$0.09
2019Detailed filing. Detailed filing data is available for this year.	$0.18	$0.00	$0.18	$0.55	$0.89	$0.34
2018Detailed filing. Detailed filing data is available for this year.	$0.52	$0.00	$0.52	$1.21	$0.92	$0.30
2017Detailed filing. Detailed filing data is available for this year.	$0.23	$0.00	$0.23	$1.01	$1.11	$0.11