Fountain Of Living Water Ministries
- Assets
- $32.9k
- Revenue
- $163.0k
- Investments
- $0.0
- Employees
- 0
- Location
- Hazel Park, MI
- Founding
- 11/2016
- Data as of
- 12/2023
- EIN
- 81-3633583
Organization Overview
Fountain Of Living Water Ministries is located in Hazel Park, MI. The organization was established in 2016. According to its NTEE Classification (X21) the organization is classified as: Protestant, 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. Fountain Of Living Water Ministries 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, Fountain Of Living Water Ministries generated $163.0k in total revenue. This represents relatively stable growth, over the past 5 years the organization has increased revenue by an average of 2.5% each year. All expenses for the organization totaled $213.7k during the year ending 12/2023. While expenses have increased by 10.4% per year over the past 5 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.
Since 2019, Fountain Of Living Water Ministries has awarded 32 individual grants totaling $251,773. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2023
Describe the Organization's Program Activity:
Part 3 - Line 4a
TRAIN, COUNSEL, EQUIP, AND ENCOURAGE PEOPLE TO BETTER THEMSELVES AND FULFILL THEIR GOD GIVEN PURPOSE AS WELL AS TO HELP THEM MEET PRACTICAL NEEDS.
THE MANAGEMENT AND ADMINISTRATIVE COSTS INCURRED TO OPERATE THE FOUNDATION, DIRECTLY SUPPORT, AND ARE NECESSARY TO CARRY OUT THE CHARITABLE PROGRAMS AND ACTIVITIES CONDUCTED BY THE FOUNDATION.
THE ORGANIZATION MAKES CHARITABLE DISTRIBUTIONS TO OTHER QUALIFYING CHARITABLE ORGANIZATIONS AND INDIGENT INDIVIDUALS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Reginald Mclaurine President | 35 | $56,477 | |
Gwendolyn Mclaurine Vice President | 40 | $97,400 | |
Jeroyl Shelley Director | 2 | $0 | |
Sarah Young Director | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $163,000 |
| Interest on Savings | $5 |
| Dividends & Interest | $0 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $0 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $163,005 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $153,877 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $8,700 |
| Interest | $0 |
| Taxes | $0 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $6,621 |
| Printing and publications | $0 |
| Other expenses | $9,973 |
| Total operating and administrative expenses | $184,066 |
| Contributions, gifts, grants paid | $29,626 |
| Total expenses and disbursements | $213,692 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $25,971 |
| Savings and temporary cash investments | $6,889 |
| Net Accounts receivable | $0 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $0 |
| Net other notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $0 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $32,860 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
Grants Awarded
Over the last fiscal year, Fountain Of Living Water Ministries has awarded $29,626 in support to 12 organizations.
| Grant Recipient | Amount |
|---|---|
BENEVOLENCE ASSISTANCE TO INDIGENT PURPOSE: BENEVOLENT ASSISTANCE TO INDIGENT INDIVIDUALS LESS THAN 1,000. | $8,236 |
ASCEND CHURCH PURPOSE: DONATION TO A DOMESTICALLY REGISTERED CHARITABLE ORGANIZATION. | $1,030 |
COMPASSION SERVICES INTERNATIONAL PURPOSE: DONATION TO A DOMESTICALLY REGISTERED CHARITABLE ORGANIZATION. | $515 |
THE SANCTUARY PURPOSE: DONATION TO A DOMESTICALLY REGISTERED CHARITABLE ORGANIZATION. | $14,200 |
VOICE OF THE MARTYRS PURPOSE: DONATION TO A DOMESTICALLY REGISTERED CHARITABLE ORGANIZATION. | $1,000 |
THE WATER PROJECT PURPOSE: DONATION TO A DOMESTICALLY REGISTERED CHARITABLE ORGANIZATION. | $523 |