Civic Intelligence

Fountain Endowed Legacy Scholarship Fund

EIN 87-2586675 • 501(c)3 • Miramar, FL

Profile

Provides funds for Scholarship fund.

PO Box 278165Miramar, FL 33027

www.felsf.org

Siviq Scores

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

Liabilities / Assets

59th percentile

0.00x

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

501(c)3 • <$500k nonprofits • Source year 2022

Liabilities / Revenue

61st percentile

0.00x

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

501(c)3 • <$500k nonprofits • Source year 2022

Net Margin

60th percentile

7.5%

Higher net margin than 60% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2022

Top Officer Pay

Score unavailable

No value available

No filing with officer rows is available for this organization yet.

Asset Growth

Score unavailable

No value available

No earlier valid filing was available within the previous three public years.

Source year 2022

Revenue Growth

Score unavailable

No value available

No earlier valid filing was available within the previous three public years.

Source year 2022

Assets

Up

$251,010

Up $170,731 (+213%) from 2023

Liabilities

Flat

$0

Flat from 2023

Net Assets

Up

$251,010

Up $170,731 (+213%) from 2023

Revenue

Down

$21,405

Down $62,117 (-74%) from 2023

Expenses

Up

$17,200

Up $9,457 (+122%) from 2023

Net Income

Down

$4,205

Down $71,574 (-94%) from 2023

Trend Graphs

Balance Sheet Trend

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

$300K$200K$100K$0Assets 2022: $4,500Liabilities 2022: $0Net Assets 2022: $4,5002022Assets 2023: $80,279Liabilities 2023: $0Net Assets 2023: $80,2792023Assets 2024: $251,010Liabilities 2024: $0Net Assets 2024: $251,0102024

Highlighted filing

2024

Assets$251,010
Liabilities$0
Net Assets$251,010

Operations Trend

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

$100K$50K$0Revenue 2022: $60,323Expenses 2022: $55,823Net Income 2022: $4,5002022Revenue 2023: $83,522Expenses 2023: $7,743Net Income 2023: $75,7792023Revenue 2024: $21,405Expenses 2024: $17,200Net Income 2024: $4,2052024

Highlighted filing

2024

Revenue$21,405
Expenses$17,200
Net Income$4,205

Filings

Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
Apr 23, 2025
Return Version
2024v5.0
Gross Receipts
$21,405
Mission and Program Overview

Mission

Provides funds to The Fountain Church Scholarship fund.

Provides funds for Scholarship fund.

Program Services

DescriptionGrantsExpenses
The Fountain Endowed Scholarship Fund transitioned in 2024 to function totally independent of the a prominent church partnership. During 2024, we hosted a golf tournament that was a break even event. We are redeveloping the organization.$0$9,108
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Eugene DixonBoard Chair-$0--
Cristina JohnsonBoard Secretary-$0--
Owen ParisBoard Member-$0--
Nikki SimonBoard Member-$0--
Cheryl LockeBoard Member-$0--
Wayne LomaxPresident-$0--
Teresa RandolphTreasurer-$0--
Filing and Contact Details

Filer

Filer Name
Fountain Endowed Legacy Scholarship Fund
EIN
87-2586675
Phone
9548049316
Address
PO Box 278165, Miramar, FL 33027

Signing Officer

Name
Wayne Lomax
Title
President
Phone
9548049316
Signed
2025-04-23
Supplemental Narrative

Additional Explanations

Form 990-EZ, Part I, Line 8

no revenue

Form 990-EZ, Part I, Line 16

7859 for golf tournament expenses

Form 990-EZ, Part I, Line 20

Resources (166526) invested in a securities account. Most of this was collected in a previous year but was not reported on the 990. We discovered the error when completing the 2024 990.

Form 990-EZ, Part II, Line 24

Donations from church

Form 990-EZ, Part V, Line 33

We invested money in a brokerage account.

Raw XML Appendix203 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/ExplanationTxt0no revenue
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt17859 for golf tournament expenses
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2Resources (166526) invested in a securities account. Most of this was collected in a previous year but was not reported on the 990. We discovered the error when completing the 2024 990.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3Donations from church
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4We invested money in a brokerage account.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990-EZ, Part I, Line 8
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990-EZ, Part I, Line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Form 990-EZ, Part I, Line 20
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Form 990-EZ, Part II, Line 24
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Form 990-EZ, Part V, Line 33
ReturnHeader/BuildTS02025-03-06 01:10:19Z
ReturnHeader/BusinessOfficerGrp/PersonNm0Wayne Lomax
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0President
ReturnHeader/BusinessOfficerGrp/PhoneNum09548049316
ReturnHeader/BusinessOfficerGrp/SignatureDt02025-04-23
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0FOUNTAIN ENDOWED LEGACY SCHOLARSHIP FUND
ReturnHeader/Filer/BusinessNameControlTxt0FOUN
ReturnHeader/Filer/EIN0872586675
ReturnHeader/Filer/PhoneNum09548049316
ReturnHeader/Filer/USAddress/AddressLine1Txt0PO Box 278165
ReturnHeader/Filer/USAddress/CityNm0Miramar
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ReturnHeader/ReturnTs02025-04-30T22:42:38-07:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02024-01-01
ReturnHeader/TaxPeriodEndDt02024-12-31
ReturnHeader/TaxYr02024

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