The Water Hole
- Assets
- $1.1m
- Revenue
- $556.2k
- Investments
- $0.0
- Employees
- 1
- Location
- Utopia, TX
- Founding
- 03/2003
- Data as of
- 12/2022
- EIN
- 02-0628948
Organization Overview
The Water Hole is located in Utopia, TX. The organization was established in 2003. According to its NTEE Classification (X99) the organization is classified as: Religion-Related N.E.C., under the broad grouping of Religion-Related and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Water Hole is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2022, Water Hole generated $556.2k in total revenue. This organization has experienced exceptional growth, as over the past 8 years, it has increased revenue by an average of 24.6% each year . All expenses for the organization totaled $296.9k during the year ending 12/2022. While expenses have increased by 15.2% per year over the past 8 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
THIS MINISTRY SHALL ORGANIZE AND OPERATE EXCLUSIVELY FOR RELIGIOUS PURPOSES WITHIN THE MEANING OF SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE OF 1954, AS AMENDED, OR ANY SUPERSEDING SECTION IN ORDER TO: 1. MINISTER THE WORD OF GOD; 2. CONDUCT A REGULAR RELIGIOUS WORSHIP SERVICE THROUGH VARIOUS FORMS OF MINISTRIES; 3. PROMOTE AND ENCOURAGE, THROUGH THE MINISTRIES OF THE ORGANIZATION, COOPERATION WITH OTHER ORGANIZATIONS MINISTERING WITHIN THE COMMUNITY; 4. SPREAD THE WORD OF THE GOSPEL BY MINISTERING TO ALL THROUGH SEMINARS, RADIO, TELEVISION, AND OTHER FORMS OF MASS MEDIA; 5. TO CONDUCT A LOCAL AND INTERNATIONAL OUTREACH MINISTRY BY THE DIRECTION OF THE LORD JESUS CHRIST AND UNDER THE LEADERSHIP OF THE HOLY SPIRIT IN ACCORDANCE WITH ALL THE PROVISIONS AS SET FORTH IN THE HOLY BIBLE; 6. TO MAINTAIN LOCAL AND MISSIONARY MINISTRY FACILITIES; 7. TO CONDUCT A SCHOOL FOR THE TRAINING OF MINISTERS; 8. TO LICENSE AND ORDAIN QUALIFIED INDIVIDUALS INCLUDING GRADUATES OF THE MINISTERIAL SCHOOL
Describe the Organization's Program Activity:
Part 3 - Line 4a
SUPPORT OF ORPHANAGES, FEEDING PROGRAMS, AND CHURCH MINISTRY IN KENYA, GUATEMALA, WALES, AND MEXICO
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Robert Richarz President | OfficerTrustee | 5 | $0 |
Laura Richarz Secretary | OfficerTrustee | 1 | $0 |
Ivan Tate Vice President | OfficerTrustee | 2 | $0 |
Wynne Goss Director | Trustee | 1 | $0 |
Dan Kibbe Director | Trustee | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $550,278 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $550,278 |
| Total Program Service Revenue | $0 |
| Investment income | $3,232 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $556,209 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $220,446 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $20,000 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $41,204 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $2,512 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $2,263 |
| Fees for services: Accounting | $2,251 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $0 |
| Information technology | $1,499 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $238 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $0 |
| All other expenses | $210 |
| Total functional expenses | $296,872 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,067,440 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $1,881 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $1,069,321 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
| Net assets without donor restrictions | $1,069,321 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $1,069,321 |
Grants Awarded
Over the last fiscal year, The Water Hole has awarded $220,196 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
BETHANY OUTREACH MINISTRIES PURPOSE: Foreign ministry support | $10,000 |
WHAT MATTERS MINISTRIES PURPOSE: Foreign orphanage support | $210,196 |