Boreholes Inc

Organization Overview

Boreholes Inc is located in Ellenwood, GA. The organization was established in 1999. According to its NTEE Classification (C20) the organization is classified as: Pollution Abatement & Control, under the broad grouping of Environment and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Boreholes Inc 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 12/2023, Boreholes Inc generated $123.3k in total revenue. The organization has seen a slow decline revenue. Over the past 2 years, revenues have fallen by an average of (1.4%) each year. All expenses for the organization totaled $94.1k during the year ending 12/2023. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2023

Describe the Organization's Mission:

Part 3 - Line 1

PROVIDING SAFE DRINKING WATER AND SOLVING WATER RELATED PROBLEMS

Describe the Organization's Program Activity:

Part 3 - Line 4a

ACTION PLANS FOCUS ON 1) CLIMATE CHANGE IMPACT MITIGATION 2) WATER QUALITY 3) CAPACITY BUILDING THROUGH COMMUNITY ENGAGEMENTS, AND 4) PARTNERING WITH INSTITUTIONS TO MEET CRITICAL RESEARCH NEEDS. THESE EFFORTS HAVE RESULTED IN 1) PROMOTION OF SUSTAINABILITY PROGRAMS 2)MAXIMIZATION OF SOCIAL AND HEALTH BENEFITS THROUGH TRAINING AND EDUCATION AND 3)EFFECTIVE MOBILIZATION AND USE OF RESOURCES BY PARTNERING WITH LOCAL, STATE AGENCIES AND PRIVATE SECTORS


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Board, Officers & Key Employees

Name (title)Compensation
Victor Ibeanusi
4515 Investor Lane Ellenwood Wood Ga 30294
$0
Nokware Adesegun
3375 Centerville Hwy #390732 Snellville Ga 30039
$0
Leslie Ibeanusi
1585 St Gabriel Avenue Decatur Ga 30032
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $123,301
All other contributions, gifts, grants, and similar amounts not included above$0
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$123,301
Total Program Service Revenue$0
Investment income $0
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 $123,301

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