The Water Hole
Nonprofit profile at a glance
- EIN
- 020628948
- IRS 990 coverage
- 2017–2024
- Forms available
- Form 990 2024, Form 990-EZ 2016
- Location
- Utopia, TX, USA
- Phone
- 8309662426
- Rating
- 77
- Verdict
- SUPPORTED
- Rating confidence
- Moderate
- Sector
- Religion Related N.E.C.
- Affiliation
- Christianity
Reported finances
- Revenue
- $221,821
- Expenses
- $429,364
- Assets
- $1,201,787
- Liabilities
- $11,583
Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
9 people listed
Executive titles in this filing
- ROBERT RICHARZ (PRESIDENT)
- DUANE HILLIS (VICE PRESIDENT)
Highest reported compensation
- DARCI DUNLEAVY (TREASURER): $57,411 total reported compensation
Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
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.
What it reported doing in 2024
Support of orphanages, feeding programs, and church ministry in kenya, guatemala, wales, and mexico.
Operating model
- Revenue model
- Donor-supported. 90% of the money available for current operations came from contributions and gifts.
- Distribution model
- Grant intermediary. The nonprofit sent 88% of its reported program spending out as grants.
The verdict
SUPPORTED - A large share of available resources goes toward mission work and the filed numbers largely add up. The filing reports few safeguards for money sent abroad and some filing-based governance responses are negative or unanswered.
Rating breakdown
- Financial Efficiency: 88
- Transparency & Controls: 75
- Accountability: 62
- Sustainability: 29
- Growth: 100
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 100%; rating input score 100
- Program expense ratio: 97.2%; rating input score 97
- Fundraising efficiency: Limited
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 64th percentile among comparable filings
- Pay-setting controls: Limited
- Foreign activity oversight: 0 of 8 controls in place; rating input score 0
- Claims monitoring procedures: Fail
- Requires narrative reports: Fail
- Conducts field audits: Fail
- May suspend future funding: Fail
- Requires financial reports: Fail
- Conducts site visits: Fail
- Requires grant agreements: Fail
- May require repayment: Fail
- Grant itemization coverage: 100%; rating input score 100; 61st percentile among comparable filings
- Major donor itemization: Yes; rating input score 100
- Related-party transparency: Limited
Accountability
- Independent voting board: 88.9%; rating input score 89; 24th percentile among comparable filings
- Governance controls: 2 of 8 controls in place; rating input score 25
- Conflict-of-interest policy: Pass
- Whistleblower policy: Fail
- Document-retention policy: Fail
- CEO compensation review process: NotApplicable
- Other executive compensation review process: Fail
- Form 990 shared with the board: Fail
- Board meeting minutes documented: Pass
- Audit committee oversight: Missing
- Independent financial-statement audit: Fail
Sustainability
- Operating margin: -93.6%; rating input score 2; 2nd percentile among comparable filings
- Total-asset coverage ratio: 2.8; rating input score 67; 67th percentile among comparable filings
- Liabilities to assets ratio: 0.01; rating input score 46; 46th percentile among comparable filings
- Officer compensation ratio: 13.4%; rating input score 26; 26th percentile among comparable filings
Growth
- Program expense growth: 6.3% per year; rating input score 100; 59th percentile among comparable filings
- Revenue growth: 10.9% per year; rating input score 100; 74th percentile among comparable filings
- Asset growth: 21.2% per year; rating input score 100; 86th percentile among comparable filings
Details
- Where the money goes: 100% of revenue deployed · 97.2% of spending went to programs
- Governance: 8 of 9 board members independent · 2 of 8 filing controls reported
- Programs: 1 filed program accomplishment · $417K in reported program spending
- Leadership: top reported pay $57K · 9 people listed
- Consistency: 21 of 21 current checks pass
- Schedules: 6 filed schedules · includes major donors, foreign activity, and grants
- Filing history: 7 filing years from 2017 to 2024
- Contacts: How to reach this organization
- Money network: 3 filed money-flow records
- Related organizations: 1 filed related-organization link
- Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
- People: Everyone the filings name, and which of them the filings identify by more than a name.
Key Signals
Signals prioritize questions for review. They are not findings of misconduct.
- High — Transparency & Controls: Foreign activity oversight: 8 of 8 not reported.
- High — Accountability: Governance controls: 5 of 7 not reported.
- High — Sustainability: Operating margin scored 2/100.
- High — Sustainability: Officer compensation ratio scored 26/100.
- Moderate — Sustainability: Liabilities to assets ratio scored 46/100.