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HONDURAS FOUNTAIN OF LIFE: Form 990, tax year 2014

View the entire original 990 at ProPublica ↗

Organization
HONDURAS FOUNTAIN OF LIFE (EIN 27-0235643)
Tax period
2014-01-01 to 2014-12-31
Filed
2015-07-31
IRS object ID
201502129349300435
Schema version
2014v5.0
Source
Download XML · Original 990 at ProPublica

Every field in the e-filed return. Faint text is the IRS element name, for citing.

Return header ReturnHeader

FieldValueIRS element (for citing)
Return2015-07-31T10:18:20-07:00ReturnTs
Tax Period End2014-12-31TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1CORLISS & SOLOMON PLLCBusinessNameLine1Txt

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line1242 CHARLOTTE ST STE 1AddressLine1Txt
CityASHEVILLECityNm
State AbbreviationNCStateAbbreviationCd
ZIP288011434ZIPCd
FieldValueIRS element (for citing)
Return Type990ReturnTypeCd
Tax Period Begin2014-01-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN270235643EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1Honduras Fountain of LifeBusinessNameLine1Txt
FieldValueIRS element (for citing)
Business Name ControlHONDBusinessNameControlTxt
Phone8284891342PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line1PO Box 223AddressLine1Txt
CityFletcherCityNm
State AbbreviationNCStateAbbreviationCd
ZIP28732ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonJAMES D PEARCE JRPersonNm
Person TitlePRESIDENTPersonTitleTxt
Phone8284891342PhoneNum
Signature2015-07-31SignatureDt
Discuss With Paid PreparerYes (true)DiscussWithPaidPreparerInd

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonSTEPHEN C CORLISSPreparerPersonNm
Phone8282360206PhoneNum
Preparation2015-07-31PreparationDt
FieldValueIRS element (for citing)
Tax2014TaxYr
Build TS2016-03-07 17:11:31ZBuildTS

Form 990 IRS990

FieldValueIRS element (for citing)
Principal OfficerJAMES D PEARCE JRPrincipalOfficerNm

US Address USAddress

FieldValueIRS element (for citing)
Address Line135 Cummings Battle TrailAddressLine1Txt
CityHendersonvilleCityNm
State AbbreviationNCStateAbbreviationCd
ZIP28739ZIPCd
FieldValueIRS element (for citing)
Gross Receipts$236,420GrossReceiptsAmt
Group Return For AffiliatesfalseGroupReturnForAffiliatesInd
Organization501c3Yes (X)Organization501c3Ind
Website Addresswww.hondurasfountainoflife.orgWebsiteAddressTxt
Type Of Organization CorpYes (X)TypeOfOrganizationCorpInd
Formation2009FormationYr
Legal Domicile StateNCLegalDomicileStateCd
Activity Or MissionHelping Hondurans Help Hondurans.ActivityOrMissionDesc
Voting Members Governing Body12VotingMembersGoverningBodyCnt
Voting Members Independent12VotingMembersIndependentCnt
Total Employee0TotalEmployeeCnt
Total Volunteers60TotalVolunteersCnt
Total Gross UBI$0TotalGrossUBIAmt
PY Contributions Grants$226,146PYContributionsGrantsAmt
CY Contributions Grants$236,408CYContributionsGrantsAmt
CY Program Service Revenue$0CYProgramServiceRevenueAmt
CY Investment Income$12CYInvestmentIncomeAmt
PY Other Revenue$1,125PYOtherRevenueAmt
CY Other Revenue$0CYOtherRevenueAmt
PY Total Revenue$227,271PYTotalRevenueAmt
CY Total Revenue$236,420CYTotalRevenueAmt
PY Grants And Similar Paid$133,845PYGrantsAndSimilarPaidAmt
CY Grants And Similar Paid$221,311CYGrantsAndSimilarPaidAmt
CY Benefits Paid To Members$0CYBenefitsPaidToMembersAmt
CY Salaries Comp Emp Bnft Paid$0CYSalariesCompEmpBnftPaidAmt
CY Total Prof Fndrsng Expns$0CYTotalProfFndrsngExpnsAmt
CY Total Fundraising Expense$0CYTotalFundraisingExpenseAmt
PY Other Expenses$65,855PYOtherExpensesAmt
CY Other Expenses$20,480CYOtherExpensesAmt
PY Total Expenses$199,700PYTotalExpensesAmt
CY Total Expenses$241,791CYTotalExpensesAmt
PY Revenues Less Expenses$27,571PYRevenuesLessExpensesAmt
CY Revenues Less Expenses-$5,371CYRevenuesLessExpensesAmt
Total Assets BOY$71,909TotalAssetsBOYAmt
Total Assets EOY$66,538TotalAssetsEOYAmt
Total Liabilities EOY$0TotalLiabilitiesEOYAmt
Net Assets Or Fund Balances BOY$71,909NetAssetsOrFundBalancesBOYAmt
Net Assets Or Fund Balances EOY$66,538NetAssetsOrFundBalancesEOYAmt
MissionHelping Hondurans Help Hondurans.MissionDesc
Significant New Program SrvcfalseSignificantNewProgramSrvcInd
Significant ChangefalseSignificantChangeInd
Expense$232,221ExpenseAmt
Grant$221,311GrantAmt
DescHONDURAS FOUNTAIN OF LIFE DISBURSED FUNDS TO SUPPORT A GIRLS' ORPHANAGE, SCHOOL AND CHURCH IN THE VILLAGE OF TAULABE, HONDURAS, CENTRAL AMERICA. THE FUNDS WERE USED FOR ONGOING EXPENSES NECESSARY FOR THE MONTHLY COSTS OF OPERATING THESE ORGANIZATIONS.Desc
Total Program Service Expenses$232,221TotalProgramServiceExpensesAmt
Described In Section501c3Yes (true)DescribedInSection501c3Ind
Schedule B RequiredYes (true)ScheduleBRequiredInd
Political Campaign ActyfalsePoliticalCampaignActyInd
Lobbying ActivitiesfalseLobbyingActivitiesInd
Subject To Proxy TaxfalseSubjectToProxyTaxInd
Donor Advised FundfalseDonorAdvisedFundInd
Conservation EasementsfalseConservationEasementsInd
Collections Of ArtfalseCollectionsOfArtInd
Credit CounselingfalseCreditCounselingInd
Temp Or Permanent EndowmentsfalseTempOrPermanentEndowmentsInd
Report Land Building EquipmentfalseReportLandBuildingEquipmentInd
Report Investments Other SecfalseReportInvestmentsOtherSecInd
Report Program Related InvstfalseReportProgramRelatedInvstInd
Report Other AssetsfalseReportOtherAssetsInd
Report Other LiabilitiesfalseReportOtherLiabilitiesInd
Include FIN48 FootnotefalseIncludeFIN48FootnoteInd
Independent Audit Fincl StmtfalseIndependentAuditFinclStmtInd
Consolidated Audit Fincl StmtfalseConsolidatedAuditFinclStmtInd
School OperatingfalseSchoolOperatingInd
Foreign OfficefalseForeignOfficeInd
Foreign ActivitiesYes (true)ForeignActivitiesInd
More Than5000 K To OrgYes (true)MoreThan5000KToOrgInd
More Than5000 K To IndividualsfalseMoreThan5000KToIndividualsInd
Professional FundraisingfalseProfessionalFundraisingInd
Fundraising ActivitiesfalseFundraisingActivitiesInd
Gaming ActivitiesfalseGamingActivitiesInd
Operate HospitalfalseOperateHospitalInd
Grants To OrganizationsfalseGrantsToOrganizationsInd
Grants To IndividualsfalseGrantsToIndividualsInd
Schedule J RequiredfalseScheduleJRequiredInd
Tax Exempt BondsfalseTaxExemptBondsInd
Engaged In Excess Benefit TransfalseEngagedInExcessBenefitTransInd
PY Excess Benefit TransfalsePYExcessBenefitTransInd
Loan OutstandingfalseLoanOutstandingInd
Grant To Related PersonfalseGrantToRelatedPersonInd
Business Rln With Org MemfalseBusinessRlnWithOrgMemInd
Business Rln With Fam MemfalseBusinessRlnWithFamMemInd
Business Rln With Officer EntfalseBusinessRlnWithOfficerEntInd
Deductible Non Cash ContrifalseDeductibleNonCashContriInd
Deductible Art ContributionfalseDeductibleArtContributionInd
Terminate OperationsfalseTerminateOperationsInd
Partial LiquidationfalsePartialLiquidationInd
Disregarded EntityfalseDisregardedEntityInd
Related EntityfalseRelatedEntityInd
Related Organization Ctrl EntfalseRelatedOrganizationCtrlEntInd
Transaction With Control EntfalseTransactionWithControlEntInd
Activities Conducted PrtshpfalseActivitiesConductedPrtshpInd
Schedule O RequiredYes (true)ScheduleORequiredInd
IRP Document0IRPDocumentCnt
IRP Document W2 G0IRPDocumentW2GCnt
Employee0EmployeeCnt
Unrelated Bus Incm Over LimitfalseUnrelatedBusIncmOverLimitInd
Foreign Financial AccountfalseForeignFinancialAccountInd
Prohibited Tax Shelter TransfalseProhibitedTaxShelterTransInd
Taxable Party NotificationfalseTaxablePartyNotificationInd
Nondeductible ContributionsfalseNondeductibleContributionsInd
Quid Pro Quo ContributionsfalseQuidProQuoContributionsInd
Form8282 Property Disposed OffalseForm8282PropertyDisposedOfInd
Rcv Fnds To Pay Prsnl Bnft CntrctfalseRcvFndsToPayPrsnlBnftCntrctInd
Pay Premiums Prsnl Bnft CntrctfalsePayPremiumsPrsnlBnftCntrctInd
Indoor Tanning ServicesfalseIndoorTanningServicesInd
Info In Schedule O Part VIYes (X)InfoInScheduleOPartVIInd
Governing Body Voting Members12GoverningBodyVotingMembersCnt
Independent Voting Member12IndependentVotingMemberCnt
Family Or Business RlnYes (true)FamilyOrBusinessRlnInd
Delegation Of Mgmt DutiesfalseDelegationOfMgmtDutiesInd
Change To Org DocumentsfalseChangeToOrgDocumentsInd
Material Diversion Or MisusefalseMaterialDiversionOrMisuseInd
Members Or StockholdersfalseMembersOrStockholdersInd
Election Of Board MembersfalseElectionOfBoardMembersInd
Decisions Subject To ApprovafalseDecisionsSubjectToApprovaInd
Minutes Of Governing BodyYes (true)MinutesOfGoverningBodyInd
Minutes Of CommitteesYes (true)MinutesOfCommitteesInd
Officer Mailing AddressfalseOfficerMailingAddressInd
Local ChaptersfalseLocalChaptersInd
Form990 Provided To Gvrn BodyYes (true)Form990ProvidedToGvrnBodyInd
Conflict Of Interest PolicyYes (true)ConflictOfInterestPolicyInd
Annual Disclosure Covered PrsnYes (true)AnnualDisclosureCoveredPrsnInd
Regular Monitoring EnfrcYes (true)RegularMonitoringEnfrcInd
Whistleblower PolicyYes (true)WhistleblowerPolicyInd
Document Retention PolicyYes (true)DocumentRetentionPolicyInd
Compensation Process CEOfalseCompensationProcessCEOInd
Compensation Process OtherfalseCompensationProcessOtherInd
Investment In Joint VenturefalseInvestmentInJointVentureInd
Upon RequestYes (X)UponRequestInd

Books In Care Of Detail BooksInCareOfDetail

FieldValueIRS element (for citing)
PersonJACKIE BOLINPersonNm
Phone8284891342PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line1366 Ravenwood LnAddressLine1Txt
CityHorse ShoeCityNm
State AbbreviationNCStateAbbreviationCd
ZIP28742ZIPCd
FieldValueIRS element (for citing)
No Listed Persons CompensatedYes (X)NoListedPersonsCompensatedInd

Form990 Part VII Section A Form990PartVIISectionAGrp (12 entries)

TitleTitleTxtAverage Hours Per WeekAverageHoursPerWeekRtIndividual Trustee Or DirectorIndividualTrusteeOrDirectorIndOfficerOfficerIndReportable Comp From OrgReportableCompFromOrgAmtReportable Comp From Rltd OrgReportableCompFromRltdOrgAmtOther CompensationOtherCompensationAmt
JAMES D PEARCE
President15.00Yes (X)Yes (X)$0$0$0
ADAM CHACON
Vice-President2.00Yes (X)Yes (X)$0$0$0
JACQUELIN BOLIN
Treasurer8.00Yes (X)Yes (X)$0$0$0
STEPHANIE LANNING
Secretary2.00Yes (X)Yes (X)$0$0$0
ALEX VAN DALEN
Board Member1.00Yes (X)$0$0$0
DEBBI RAYL
Board Member1.00Yes (X)$0$0$0
MICHAEL RAYL
Board Member1.00Yes (X)$0$0$0
WENDY WEST
Board Member1.00Yes (X)$0$0$0
KELLY MCCARTNEY
Board Member1.00Yes (X)$0$0$0
MICHELE KINNEAR
Board Member1.00Yes (X)$0$0$0
DR TODD WATSON
Board Member1.00Yes (X)$0$0$0
BOBBY LANNING
Board Member1.00Yes (X)$0$0$0
FieldValueIRS element (for citing)
Former Ofcr Employees ListedfalseFormerOfcrEmployeesListedInd
Total Comp Greater Than150 KfalseTotalCompGreaterThan150KInd
Compensation From Other SrcsfalseCompensationFromOtherSrcsInd
All Other Contributions$236,408AllOtherContributionsAmt
Total Contributions$236,408TotalContributionsAmt

Investment Income InvestmentIncomeGrp

FieldValueIRS element (for citing)
Total Revenue Column$12TotalRevenueColumnAmt
Exclusion$12ExclusionAmt

Total Revenue TotalRevenueGrp

FieldValueIRS element (for citing)
Total Revenue Column$236,420TotalRevenueColumnAmt
Exclusion$12ExclusionAmt

Foreign Grants ForeignGrantsGrp

FieldValueIRS element (for citing)
Total$221,311TotalAmt
Program Services$221,311ProgramServicesAmt

Office Expenses OfficeExpensesGrp

FieldValueIRS element (for citing)
Total$9,570TotalAmt
Program Services$0ProgramServicesAmt
Management And General$9,570ManagementAndGeneralAmt
Fundraising$0FundraisingAmt

Travel TravelGrp

FieldValueIRS element (for citing)
Total$10,910TotalAmt
Program Services$10,910ProgramServicesAmt
Management And General$0ManagementAndGeneralAmt
Fundraising$0FundraisingAmt

Total Functional Expenses TotalFunctionalExpensesGrp

FieldValueIRS element (for citing)
Total$241,791TotalAmt
Program Services$232,221ProgramServicesAmt
Management And General$9,570ManagementAndGeneralAmt
Fundraising$0FundraisingAmt

Cash Non Interest Bearing CashNonInterestBearingGrp

FieldValueIRS element (for citing)
BOY$71,909BOYAmt
EOY$54,418EOYAmt

Savings And Temp Cash Invst SavingsAndTempCashInvstGrp

FieldValueIRS element (for citing)
EOY$12,120EOYAmt

Total Assets TotalAssetsGrp

FieldValueIRS element (for citing)
BOY$71,909BOYAmt
EOY$66,538EOYAmt

Total Liabilities TotalLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$0BOYAmt
EOY$0EOYAmt
FieldValueIRS element (for citing)
Organization Follows SFAS117Yes (X)OrganizationFollowsSFAS117Ind

Unrestricted Net Assets UnrestrictedNetAssetsGrp

FieldValueIRS element (for citing)
BOY$5,437BOYAmt
EOY$4,323EOYAmt

Temporarily Rstr Net Assets TemporarilyRstrNetAssetsGrp

FieldValueIRS element (for citing)
BOY$66,472BOYAmt
EOY$62,215EOYAmt

Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$71,909BOYAmt
EOY$66,538EOYAmt

Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$71,909BOYAmt
EOY$66,538EOYAmt
FieldValueIRS element (for citing)
Reconcilation Revenue Expnss-$5,371ReconcilationRevenueExpnssAmt
Method Of Accounting CashYes (X)MethodOfAccountingCashInd
Accountant Compile Or ReviewYes (true)AccountantCompileOrReviewInd

Acct Compile Or Review Basis AcctCompileOrReviewBasisGrp

FieldValueIRS element (for citing)
Separate Basis Fincl StmtYes (X)SeparateBasisFinclStmtInd
FieldValueIRS element (for citing)
FS AuditedfalseFSAuditedInd
Audit CommitteeYes (true)AuditCommitteeInd
Federal Grant Audit RequiredfalseFederalGrantAuditRequiredInd

Schedule A IRS990ScheduleA

FieldValueIRS element (for citing)
Public Organization170Yes (X)PublicOrganization170Ind

Gifts Grants Contri Rcvd170 GiftsGrantsContriRcvd170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$165,304CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$176,945CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$170,087CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$227,271CurrentTaxYearMinus1YearAmt
Current Tax Year$236,408CurrentTaxYearAmt
Total$976,015TotalAmt

Total Calendar Year170 TotalCalendarYear170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$165,304CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$176,945CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$170,087CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$227,271CurrentTaxYearMinus1YearAmt
Current Tax Year$236,408CurrentTaxYearAmt
Total$976,015TotalAmt
FieldValueIRS element (for citing)
Substantial Contributors Tot$305,779SubstantialContributorsTotAmt
Public Support Total170$670,236PublicSupportTotal170Amt

Gross Investment Income170 GrossInvestmentIncome170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$108CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$45CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$29CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$18CurrentTaxYearMinus1YearAmt
Current Tax Year$12CurrentTaxYearAmt
Total$212TotalAmt
FieldValueIRS element (for citing)
Total Support$976,227TotalSupportAmt
Public Support CY1700.68660PublicSupportCY170Pct
Public Support PY1700.58230PublicSupportPY170Pct
Thirty Thr Pct Suprt Tests CY170Yes (X)ThirtyThrPctSuprtTestsCY170Ind
Public Support Total509$0PublicSupportTotal509Amt
Public Support CY5090PublicSupportCY509Pct
Investment Income CY0InvestmentIncomeCYPct

Schedule B IRS990ScheduleB

Contributor Information ContributorInformationGrp

FieldValueIRS element (for citing)
ContributorRESTRICTEDContributorNum

Contributor Business Name ContributorBusinessName

FieldValueIRS element (for citing)
Business Name Line1RESTRICTEDBusinessNameLine1

Contributor US Address ContributorUSAddress

FieldValueIRS element (for citing)
Address Line1RESTRICTEDAddressLine1
Address Line2RESTRICTEDAddressLine2
CityRESTRICTEDCity
StateRESTRICTEDState
ZIP CodeRESTRICTEDZIPCode
FieldValueIRS element (for citing)
Total ContributionsRESTRICTEDTotalContributionsAmt

Schedule F IRS990ScheduleF

FieldValueIRS element (for citing)
Grant Records MaintainedYes (true)GrantRecordsMaintainedInd

Account Activities Outside US AccountActivitiesOutsideUSGrp (3 entries)

RegionRegionTxtOfficesOfficesCntEmployeeEmployeeCntType Of Activities ConductedTypeOfActivitiesConductedTxtSpecific Services ProvidedSpecificServicesProvidedTxtRegion Total ExpendituresRegionTotalExpendituresAmt
Central America00Regional GrantEducation Support-Honduras$126,600
Central America00Regional GrantOrphanage Support-Honduras$60,711
Central America00Regional GrantChurch Support-Honduras$34,000
FieldValueIRS element (for citing)
Subtotal Offices0SubtotalOfficesCnt
Subtotal Employees0SubtotalEmployeesCnt
Total Office0TotalOfficeCnt
Total Employee0TotalEmployeeCnt
Subtotal Spent$221,311SubtotalSpentAmt
Total Spent$221,311TotalSpentAmt

Grants To Org Outside US GrantsToOrgOutsideUSGrp

FieldValueIRS element (for citing)
RegionCentral AmericaRegionTxt
Purpose Of GrantHonduras ProgramPurposeOfGrantTxt
Cash Grant$221,311CashGrantAmt
Manner Of Cash DisbursementWireMannerOfCashDisbursementTxt
FieldValueIRS element (for citing)
Total501c3 Org1Total501c3OrgCnt
Transfer To Foreign CorpfalseTransferToForeignCorpInd
Interest In Foreign TrustfalseInterestInForeignTrustInd
Foreign Corp OwnershipfalseForeignCorpOwnershipInd
Passive Foreign Investmest CofalsePassiveForeignInvestmestCoInd
Foreign PartnershipfalseForeignPartnershipInd
Boycott CountriesfalseBoycottCountriesInd

Supplemental Information Detail SupplementalInformationDetail

FieldValueIRS element (for citing)
Form And Line ReferencePt I Line 2FormAndLineReferenceDesc
ExplanationAt the regular board meetings the Board of Directors of HFOL discuss the progress of the projects they are supporting in Honduras. The President provides written instructions to the Treasurer stating the date the grant is to be made and the amount of the grant. He also provides information as to how the total amount of the grant is to be shared between each project. The grant funds are then sent by wire by the Treasurer to the recipient of the grant in Honduras. The wire transfer transmittal is verified the next business day and the transaction is entered into our accounting system. Our Board of Directors make trips to Honduras several times each year to review the progress of each project we are supporting. Our President has regular conversations with our contact in Fuente de Vida in Honduras. FVD has a bookkeeper who is keeping records of how the funds are being disbursed so we can be sure that the funds are being used as intended. Our President receives Excel spreadsheets each month that indicates the money received from HFOL and exactly how the funds are spent.ExplanationTxt

Schedule O IRS990ScheduleO

Supplemental Information Detail SupplementalInformationDetail (6 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
Pt VI, Line 11bTHE 990 IS PREPARED BY INDEPENDENT ACCOUNTANTS, REVIEWED BY MANAGEMENT, PRESENTED TO THE BOARD FOR REVIEW, PROPOSED REVISIONS AND FINAL APPROVAL.
Pt VI, Line 12cENFORCED AS NECESSARY. ANY BOARD MEMBER WITH A CONFLICT OF INTEREST ON ANY SPECIFIC ISSUE INFORMS THE BOARD AND ABSTAINS FROM VOTING ON THE ISSUE.
Pt VI, Line 18Forms 1023 and 990 are available upon request.
Pt VI, Line 19Governing documents and reviewed financial statements are available upon request.
OtherThe Executive Director is not compensated.
Pt VI, Line 2Yes, 2 couples serving as board members are man and wife.