Civic Intelligence

Fate Foundation

990EZ • Fiscal year 2024 • EIN 82-2528013

Jan 01, 2024 to Dec 31, 2024 • Filed on Mar 13, 2025

4625 Meadow Fork RdHot Springs, NC 28743

(828) 622-7554

Siviq Scores

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

Liabilities / Assets

Score unavailable

No value available

Liabilities-to-assets requires both liabilities and assets on this filing.

Source year 2024

Liabilities / Revenue

Score unavailable

No value available

Liabilities-to-revenue requires both liabilities and revenue on this filing.

Source year 2024

Net Margin

80th percentile

53%

Higher net margin than 80% of similar nonprofits.

2024 filings • NTEE T12 • <$500k nonprofits • Source year 2024

Top Officer Pay

98th percentile

$0

Higher top officer pay than 98% of similar nonprofits.

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

2024 filings • NTEE T12 • <$500k nonprofits • Source year 2024

Asset Growth

80th percentile

44%

Faster asset growth than 80% of similar nonprofits.

2024 filings • NTEE T12 • <$500k nonprofits • Annualized from 2023 to 2024

Revenue Growth

73rd percentile

41%

Faster revenue growth than 73% of similar nonprofits.

2024 filings • NTEE T12 • <$500k nonprofits • Annualized from 2023 to 2024

Assets

Up

$195,174

Up $59,996 (+44%) from 2023

Net Assets

Up

$195,174

Up $59,996 (+44%) from 2023

Liabilities

-

No earlier filing loaded for comparison.

Revenue

Up

$112,569

Up $32,493 (+41%) from 2023

Expenses

Up

$52,573

Up $20,083 (+62%) from 2023

Net Income

Up

$59,996

Up $12,410 (+26%) from 2023

Historical Trend

Balance Sheet Trend

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

$300K$200K$100K$0Assets 2023: $135,178Net Assets 2023: $135,1782023Assets 2024: $195,174Net Assets 2024: $195,1742024Assets 2025: $219,051Net Assets 2025: $219,0512025

Highlighted filing

2024

Assets$195,174
Liabilities-
Net Assets$195,174

Operations Trend

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

$150K$100K$50K$0Revenue 2023: $80,076Expenses 2023: $32,490Net Income 2023: $47,5862023Revenue 2024: $112,569Expenses 2024: $52,573Net Income 2024: $59,9962024Revenue 2025: $82,800Expenses 2025: $58,923Net Income 2025: $23,8772025

Highlighted filing

2024

Revenue$112,569
Expenses$52,573
Net Income$59,996
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
Mar 13, 2025
Return Version
2024v5.0
Gross Receipts
$112,569
Mission and Program Overview

Mission

SCHOLARSHIPS

Program Services

DescriptionGrantsExpenses
PROVIDE SCHOLARSHIPS FOR 9 STUDENTS OF MADISON COUNTY NC TO GIVE THEM THE OPPORTUNITY FOR A COLLEGE EDUCATION$0$41,500
PROVIDE OVENS/STOVES FOR ELDERLY PEOPLE IN THE COMMUNITY TO GIVE THEM THE CHANCE TO EAT HEALTHY 1 OVEN PROVIDED$0$6,421
PROVIDE TOYS FOR DISADVANTAGED CHILDREN AT CHRISTMAS THROUGH$0$4,033
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
MICHAEL TUZIWPresident And DirectorPT$0--
ANNA TUZIWSecretary/ Treasurer And DirectorPT$0--
LISA MCLEANAdvisor-$0--
Filing and Contact Details

Filer

Filer Name
Fate Foundation
EIN
82-2528013
Phone
8286227554
Address
4625 MEADOW FORK RD, HOT SPRINGS, NC 28743

Signing Officer

Name
Michael Tuziw
Title
President
Phone
8286227554
Signed
2025-03-13

Preparer

Firm
Bruce Stansberry CPA
Address
PO BOX 2163, INDEPENDENCE, MO 64055
Preparer
Bruce Stansberry
Phone
8162521040
Supplemental Narrative

Additional Explanations

Form 990EZ, Part I, Line 16

MERCHANT FEES 296.

Raw XML Appendix168 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.

Path#Value
IRS990EZ/ActivitiesNotPreviouslyRptInd0false
IRS990EZ/BenefitsPaidToOrForMembersAmt051954
IRS990EZ/BooksInCareOfDetail/PersonNm0MICHAEL TUZIW
IRS990EZ/BooksInCareOfDetail/PhoneNum08286227554
IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt04625 MEADOW FORK RD
IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0HOT SPRINGS
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0NC
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd028743
IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt0135178
IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt0193174
IRS990EZ/ChgMadeToOrgnzngDocNotRptInd0false
IRS990EZ/ContributionsGiftsGrantsEtcAmt0108826
IRS990EZ/CostOfGoodsSoldAmt00
IRS990EZ/CostOrOtherBasisExpenseSaleAmt00
IRS990EZ/DonorAdvisedFndsInd0false
IRS990EZ/EngagedInExcessBenefitTransInd0false
IRS990EZ/ExcessOrDeficitForYearAmt059996
IRS990EZ/FiledScheduleAInd0true
IRS990EZ/ForeignFinancialAccountInd0false
IRS990EZ/ForeignOfficeInd0false
IRS990EZ/Form1120PolFiledInd0false
IRS990EZ/Form990TotalAssetsGrp/BOYAmt0135178
IRS990EZ/Form990TotalAssetsGrp/EOYAmt0195174
IRS990EZ/FundraisingGrossIncomeAmt00
IRS990EZ/GainOrLossFromSaleOfAssetsAmt00
IRS990EZ/GrossProfitLossSlsOfInvntryAmt00
IRS990EZ/GrossReceiptsAmt0112569
IRS990EZ/GrossReceiptsForPublicUseAmt00
IRS990EZ/InfoInScheduleOPartIInd0X
IRS990EZ/InitiationFeesAndCapContriAmt00
IRS990EZ/InvestmentIncomeAmt03743
IRS990EZ/LobbyingActivitiesInd0false
IRS990EZ/MadeLoansToFromOfficersInd0false
IRS990EZ/MembershipDuesAmt00
IRS990EZ/MethodOfAccountingCashInd0X
IRS990EZ/NetAssetsOrFundBalancesBOYAmt0135178
IRS990EZ/NetAssetsOrFundBalancesEOYAmt0195174
IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt0135178
IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt0195174
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt020.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt120.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt20.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0MICHAEL TUZIW
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm1ANNA TUZIW
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm2LISA MCLEAN
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0PRESIDENT AND DIRECTOR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1SECRETARY/ TREASURER AND DIRECTOR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2ADVISOR
IRS990EZ/OperateHospitalInd0false
IRS990EZ/Organization501c3Ind0X
IRS990EZ/OrganizationDissolvedEtcInd0false
IRS990EZ/OrganizationHadUBIInd0false
IRS990EZ/OtherAssetsTotalDetail/EOYAmt02000
IRS990EZ/OtherExpensesTotalAmt0296
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt0NONE
IRS990EZ/PartVIOfCompOfHghstPdEmplTxt0NONE
IRS990EZ/PoliticalCampaignActyInd0false
IRS990EZ/PrimaryExemptPurposeTxt0SCHOLARSHIPS
IRS990EZ/PrintingPublicationsPostageAmt0323
IRS990EZ/ProgramServiceRevenueAmt00
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0PROVIDE SCHOLARSHIPS FOR 9 STUDENTS OF MADISON COUNTY NC TO GIVE THEM THE OPPORTUNITY FOR A COLLEGE EDUCATION
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt1PROVIDE TOYS FOR DISADVANTAGED CHILDREN AT CHRISTMAS THROUGH
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt2PROVIDE OVENS/STOVES FOR ELDERLY PEOPLE IN THE COMMUNITY TO GIVE THEM THE CHANCE TO EAT HEALTHY 1 OVEN PROVIDED
IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt00
IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt10
IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt20
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt041500
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt14033
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt26421
IRS990EZ/ProhibitedTaxShelterTransInd0false
IRS990EZ/RelatedOrganizationCtrlEntInd0false
IRS990EZ/SchoolOperatingInd0false
IRS990EZ/SpecialEventsDirectExpensesAmt00
IRS990EZ/SpecialEventsNetIncomeLossAmt00
IRS990EZ/SubjectToProxyTaxInd0false
IRS990EZ/TanningServicesProvidedInd0false
IRS990EZ/TotalExpensesAmt052573
IRS990EZ/TotalProgramServiceExpensesAmt051954
IRS990EZ/TotalRevenueAmt0112569
IRS990EZ/TransactionWithControlEntInd0false
IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990EZ/WebsiteAddressTxt0N/A
IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt0PART II SECTION C LINE 15 PREVIOUS YEARS WE FILED 990N.
IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt1THIS OUR FIRST YEAR FILING 990EZ SO WE DO NOT HAVE A FIGURE TO PLACE HERE.
IRS990ScheduleA/Form990ScheduleAPartVIGrp/FormAndLineReferenceDesc0Other Addl Info
IRS990ScheduleA/Form990ScheduleAPartVIGrp/FormAndLineReferenceDesc1Other Addl Info
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt052574
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt078274
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt045505
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt058822
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt028945
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt0264120
IRS990ScheduleA/GovtFurnSrvcFcltsVl170Grp/TotalAmt00
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt01803
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt01803
IRS990ScheduleA/InvestmentIncomeCYPct00
IRS990ScheduleA/OtherIncome170Grp/TotalAmt00
IRS990ScheduleA/OtherSupportSumAmt00
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.99320
IRS990ScheduleA/PublicSupportCY509Pct00
IRS990ScheduleA/PublicSupportPY170Pct00.67390
IRS990ScheduleA/PublicSupportTotal170Amt0264120
IRS990ScheduleA/PublicSupportTotal509Amt00
IRS990ScheduleA/SubstantialContributorsTotAmt00
IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft170Grp/CurrentTaxYearMinus1YearAmt00
IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft170Grp/CurrentTaxYearMinus2YearsAmt00
IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft170Grp/CurrentTaxYearMinus3YearsAmt00
IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft170Grp/CurrentTaxYearMinus4YearsAmt00
IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft170Grp/TotalAmt00
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt052574
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt078274
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt045505
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt058822
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt028945
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt0264120
IRS990ScheduleA/TotalSupportAmt0265923
IRS990ScheduleA/UnrelatedBusinessNetIncm170Grp/TotalAmt00
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0MERCHANT FEES 296.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990EZ, Part I, Line 16
ReturnHeader/BuildTS02025-03-06 01:10:19Z
ReturnHeader/BusinessOfficerGrp/PersonNm0MICHAEL TUZIW
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT
ReturnHeader/BusinessOfficerGrp/PhoneNum08286227554
ReturnHeader/BusinessOfficerGrp/SignatureDt02025-03-13
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0FATE FOUNDATION
ReturnHeader/Filer/BusinessNameControlTxt0FATE
ReturnHeader/Filer/EIN0822528013
ReturnHeader/Filer/PhoneNum08286227554
ReturnHeader/Filer/USAddress/AddressLine1Txt04625 MEADOW FORK RD
ReturnHeader/Filer/USAddress/CityNm0HOT SPRINGS
ReturnHeader/Filer/USAddress/StateAbbreviationCd0NC
ReturnHeader/Filer/USAddress/ZIPCd028743
ReturnHeader/IRSResponsiblePrtyInfoCurrInd0true
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0845033039
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0BRUCE STANSBERRY CPA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0PO BOX 2163
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0INDEPENDENCE
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0MO
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd064055
ReturnHeader/PreparerPersonGrp/PhoneNum08162521040
ReturnHeader/PreparerPersonGrp/PreparationDt02025-03-13
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0Bruce Stansberry
ReturnHeader/PreparerPersonGrp/SelfEmployedInd0X
ReturnHeader/ReturnTs02025-03-13T11:37:27-07:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02024-01-01
ReturnHeader/TaxPeriodEndDt02024-12-31
ReturnHeader/TaxYr02024

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings