THE FOUNTAIN CHARITABLE FOUNDATION: Form 990PF, tax year 2015

View the entire original 990 at ProPublica ↗

Organization
THE FOUNTAIN CHARITABLE FOUNDATION (EIN 47-2554837)
Tax period
2015-01-01 to 2015-12-31
Filed
2016-04-14
IRS object ID
201611059349100606
Schema version
2015v2.0
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)
Return2016-04-14T07:55:42-07:00ReturnTs
Tax Period End2015-12-31TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1LattaHarris LLPBusinessNameLine1Txt

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line1116 West MainAddressLine1Txt
CityWashingtonCityNm
State AbbreviationIAStateAbbreviationCd
ZIP52353ZIPCd
FieldValueIRS element (for citing)
Return Type990PFReturnTypeCd
Tax Period Begin2015-01-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN472554837EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1THE FOUNTAIN CHARITABLE FOUNDATIONBusinessNameLine1Txt
FieldValueIRS element (for citing)
Business Name ControlFOUNBusinessNameControlTxt
Phone3196564122PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line15195 FARMERS AVEAddressLine1Txt
CityKALONACityNm
State AbbreviationIAStateAbbreviationCd
ZIP52247ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonWILLIAM E EVANSPersonNm
Person TitlePresidentPersonTitleTxt
Signature2016-04-14SignatureDt
Discuss With Paid PreparerYes (true)DiscussWithPaidPreparerInd

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonMITCHELL BILLUPSPreparerPersonNm
PTINP00950559PTIN
Phone3196536684PhoneNum
FieldValueIRS element (for citing)
Tax2015TaxYr
Build TS2016-09-27 15:27:22ZBuildTS

Form 990-PF IRS990PF

FieldValueIRS element (for citing)
Initial Return Former Pub ChrtyYes (X)InitialReturnFormerPubChrtyInd
Organization501c3 Exempt PFYes (X)Organization501c3ExemptPFInd
FMV Assets EOY$193,672FMVAssetsEOYAmt
Method Of Accounting CashYes (X)MethodOfAccountingCashInd

Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses

FieldValueIRS element (for citing)
Contri Rcvd Rev And Expnss$43,075ContriRcvdRevAndExpnssAmt
Interest On Sav Rev And Expnss$18InterestOnSavRevAndExpnssAmt
Interest On Sav Net Invst Incm$18InterestOnSavNetInvstIncmAmt
Interest On Savings Adj Net Incm$18InterestOnSavingsAdjNetIncmAmt
Total Rev And Expnss$43,093TotalRevAndExpnssAmt
Total Net Invst Incm$18TotalNetInvstIncmAmt
Total Adj Net Incm$18TotalAdjNetIncmAmt
Oth Empl Slrs Wgs Rev And Expnss$15,061OthEmplSlrsWgsRevAndExpnssAmt
Oth Empl Slrs Wgs Net Invst Incm$151OthEmplSlrsWgsNetInvstIncmAmt
Oth Empl Slrs Wgs Dsbrs Chrtbl$14,910OthEmplSlrsWgsDsbrsChrtblAmt
Legal Fees Rev And Expnss$11,440LegalFeesRevAndExpnssAmt
Legal Fees Net Invst Incm$114LegalFeesNetInvstIncmAmt
Legal Fees Dsbrs Chrtbl$11,326LegalFeesDsbrsChrtblAmt
Deprec And Dpltn Rev And Expnss$3,760DeprecAndDpltnRevAndExpnssAmt
Deprec And Dpltn Net Invst Incm$3,760DeprecAndDpltnNetInvstIncmAmt
Occupancy Rev And Expnss$1,053OccupancyRevAndExpnssAmt
Occupancy Net Invst Incm$11OccupancyNetInvstIncmAmt
Occupancy Dsbrs Chrtbl$1,042OccupancyDsbrsChrtblAmt
Trav Conf Meeting Rev And Expnss$600TravConfMeetingRevAndExpnssAmt
Trav Conf Meeting Net Invst Incm$6TravConfMeetingNetInvstIncmAmt
Trav Conf Meeting Dsbrs Chrtbl$594TravConfMeetingDsbrsChrtblAmt
Printing And Pub Rev And Expnss$162PrintingAndPubRevAndExpnssAmt
Printing And Pub Net Invst Incm$2PrintingAndPubNetInvstIncmAmt
Printing And Pub Dsbrs Chrtbl$160PrintingAndPubDsbrsChrtblAmt
Other Expenses Rev And Expnss$5,847OtherExpensesRevAndExpnssAmt
Other Expenses Net Invst Incm$59OtherExpensesNetInvstIncmAmt
Other Expenses Dsbrs Chrtbl$5,788OtherExpensesDsbrsChrtblAmt
Tot Opr Expenses Rev And Expnss$37,923TotOprExpensesRevAndExpnssAmt
Tot Opr Expenses Net Invst Incm$4,103TotOprExpensesNetInvstIncmAmt
Tot Opr Expenses Dsbrs Chrtbl$33,820TotOprExpensesDsbrsChrtblAmt
Contri Paid Rev And Expnss$0ContriPaidRevAndExpnssAmt
Contri Paid Dsbrs Chrtbl$0ContriPaidDsbrsChrtblAmt
Total Expenses Rev And Expnss$37,923TotalExpensesRevAndExpnssAmt
Total Expenses Net Invst Incm$4,103TotalExpensesNetInvstIncmAmt
Total Expenses Dsbrs Chrtbl$33,820TotalExpensesDsbrsChrtblAmt
Excess Revenue Over Expenses$5,170ExcessRevenueOverExpensesAmt
Net Investment Income$0NetInvestmentIncomeAmt
Adjusted Net Income$18AdjustedNetIncomeAmt

Form990 PF Balance Sheets Form990PFBalanceSheetsGrp

FieldValueIRS element (for citing)
Cash BOY$500CashBOYAmt
Cash EOY$11,672CashEOYAmt
Cash EOYFMV$11,672CashEOYFMVAmt
Land Bldg Equip Cost Or Other Bss$170,000LandBldgEquipCostOrOtherBssAmt
Land Bldg Equip Accum Deprec$3,760LandBldgEquipAccumDeprecAmt
Land BOY$170,000LandBOYAmt
Land EOY$166,240LandEOYAmt
Land EOYFMV$182,000LandEOYFMVAmt
Total Assets BOY$170,500TotalAssetsBOYAmt
Total Assets EOY$177,912TotalAssetsEOYAmt
Total Assets EOYFMV$193,672TotalAssetsEOYFMVAmt
Accounts Payable EOY$2,242AccountsPayableEOYAmt
Total Liabilities EOY$2,242TotalLiabilitiesEOYAmt
Organization Follows SFAS117Yes (X)OrganizationFollowsSFAS117Ind
Unrestricted BOY$500UnrestrictedBOYAmt
Unrestricted EOY$5,670UnrestrictedEOYAmt
Permanently Restricted BOY$170,000PermanentlyRestrictedBOYAmt
Permanently Restricted EOY$170,000PermanentlyRestrictedEOYAmt
Tot Net Ast Or Fund Balances BOY$170,500TotNetAstOrFundBalancesBOYAmt
Tot Net Ast Or Fund Balances EOY$175,670TotNetAstOrFundBalancesEOYAmt
Total Liabilities Net Ast BOY$170,500TotalLiabilitiesNetAstBOYAmt
Total Liabilities Net Ast EOY$177,912TotalLiabilitiesNetAstEOYAmt

Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp

FieldValueIRS element (for citing)
Tot Net Ast Or Fund Balances BOY$170,500TotNetAstOrFundBalancesBOYAmt
Excess Revenue Over Expenses$5,170ExcessRevenueOverExpensesAmt
Subtotal$175,670SubtotalAmt
Tot Net Ast Or Fund Balances EOY$175,670TotNetAstOrFundBalancesEOYAmt

Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp

FieldValueIRS element (for citing)
Investment Income Excise Tax$0InvestmentIncomeExciseTaxAmt

Statements Regarding Acty StatementsRegardingActyGrp

FieldValueIRS element (for citing)
Legislative Political ActyfalseLegislativePoliticalActyInd
More Than100 SpentfalseMoreThan100SpentInd
Form1120 POL FiledfalseForm1120POLFiledInd
Activities Not Previously RptfalseActivitiesNotPreviouslyRptInd
Changes To Articles Or BylawsfalseChangesToArticlesOrBylawsInd
Unrelated Bus Incm Over LimitfalseUnrelatedBusIncmOverLimitInd
Form990 T FiledfalseForm990TFiledInd
Organization Dissolved EtcfalseOrganizationDissolvedEtcInd
Section508e Rqr SatisfiedfalseSection508eRqrSatisfiedInd
At Least5000 In AssetsYes (true)AtLeast5000InAssetsInd
Form990 PF Filed With Atty GenYes (true)Form990PFFiledWithAttyGenInd
Private Operating FoundationYes (true)PrivateOperatingFoundationInd
New Substantial ContributorsYes (true)NewSubstantialContributorsInd
Own Controlled EntityfalseOwnControlledEntityInd
Donor Advised FundfalseDonorAdvisedFundInd
Comply With Public Insp RqrYes (true)ComplyWithPublicInspRqrInd
Website AddressN/AWebsiteAddressTxt

Persons With Books Name PersonsWithBooksName

FieldValueIRS element (for citing)
Business Name Line1WILLIAM EVANSBusinessNameLine1Txt
FieldValueIRS element (for citing)
Phone3196562350PhoneNum

Location Of Books US Address LocationOfBooksUSAddress

FieldValueIRS element (for citing)
Address Line11125 ORANGE AVEAddressLine1Txt
CityKALONACityNm
State AbbreviationIAStateAbbreviationCd
ZIP52247ZIPCd
FieldValueIRS element (for citing)
Foreign Accounts QuestionfalseForeignAccountsQuestionInd

Statements Regarding Acty4720 StatementsRegardingActy4720Grp

FieldValueIRS element (for citing)
Sale Or Exch Disqualified PrsnfalseSaleOrExchDisqualifiedPrsnInd
Brrw Or Lend Disqualified PrsnfalseBrrwOrLendDisqualifiedPrsnInd
Furn Goods Disqualified PrsnfalseFurnGoodsDisqualifiedPrsnInd
Pay Comp Disqualified PrsnfalsePayCompDisqualifiedPrsnInd
Transfer Ast Disqualified PrsnfalseTransferAstDisqualifiedPrsnInd
Payment To Government OfficialfalsePaymentToGovernmentOfficialInd
Acts Fail To Qlfy As ExceptionsfalseActsFailToQlfyAsExceptionsInd
Uncorrected Prior ActsfalseUncorrectedPriorActsInd
Undistributed Income PYfalseUndistributedIncomePYInd
Undistr Incm Sect4942a2 Not AppfalseUndistrIncmSect4942a2NotAppInd
Business HoldingsfalseBusinessHoldingsInd
Excess Business HoldingsfalseExcessBusinessHoldingsInd
Jeopardy InvestmentsfalseJeopardyInvestmentsInd
Uncorrected PY Jeopardy InvstfalseUncorrectedPYJeopardyInvstInd
Influence LegislationfalseInfluenceLegislationInd
Influence ElectionfalseInfluenceElectionInd
Grants To IndividualsfalseGrantsToIndividualsInd
Grants To OrganizationsfalseGrantsToOrganizationsInd
Noncharitable PurposefalseNoncharitablePurposeInd
Transactions Fail To Qlfy As ExcfalseTransactionsFailToQlfyAsExcInd
Maintained Expenditure RspnsfalseMaintainedExpenditureRspnsInd
Rcv Fnds To Pay Prsnl Bnft CntrctfalseRcvFndsToPayPrsnlBnftCntrctInd
Pay Premiums Prsnl Bnft CntrctfalsePayPremiumsPrsnlBnftCntrctInd
Prohibited Tax Shelter TransfalseProhibitedTaxShelterTransInd
Proceeds Or Net IncomefalseProceedsOrNetIncomeInd

Officer Dir Trst Key Empl Info OfficerDirTrstKeyEmplInfoGrp

Officer Dir Trst Key Empl OfficerDirTrstKeyEmplGrp

FieldValueIRS element (for citing)
PersonWILLIAM E EVANSPersonNm

US Address USAddress

FieldValueIRS element (for citing)
Address Line11125 ORANGE AVEAddressLine1Txt
CityKALONACityNm
State AbbreviationIAStateAbbreviationCd
ZIP52247ZIPCd
FieldValueIRS element (for citing)
TitlePresidentTitleTxt
Average Hrs Per Wk Devoted To Pos5.00AverageHrsPerWkDevotedToPosRt
Compensation$0CompensationAmt
FieldValueIRS element (for citing)
Comp Of Hghst Pd Empl Or NONENONECompOfHghstPdEmplOrNONETxt
Comp Of Hghst Pd Cntrct Or NONENONECompOfHghstPdCntrctOrNONETxt

Summary Of Direct Chrtbl Acty SummaryOfDirectChrtblActyGrp

FieldValueIRS element (for citing)
Description1IMPROVING THE LIVES OF AT-RISK YOUTH AND YOUNG ADULTS AND THEIR FAMILIES IN EASTERN IOWA BY PROVIDING COMMUNITY SUPPORT, GROWTH AND DEVELOPMENT, SAFE ENVIRONMENTS FOR INDIVIDUALS TO LIVE AND LEARN AND POSITIVE OPPORTUNITIES FOR GROWTH AND ADVANCEMENTDescription1Txt
Expenses1$33,820Expenses1Amt

Minimum Investment Return MinimumInvestmentReturnGrp

FieldValueIRS element (for citing)
Average Monthly FMV Of Sec$0AverageMonthlyFMVOfSecAmt
Average Monthly Cash Balances$5,586AverageMonthlyCashBalancesAmt
FMV All Other Noncharitable Ast$0FMVAllOtherNoncharitableAstAmt
Total FMV Of Unused Assets$5,586TotalFMVOfUnusedAssetsAmt
Reduction Claimed$0ReductionClaimedAmt
Adjusted Total FMV Of Unused Ast$5,586AdjustedTotalFMVOfUnusedAstAmt
Cash Deemed Charitable$84CashDeemedCharitableAmt
Net Vl Noncharitable Assets$5,502NetVlNoncharitableAssetsAmt
Minimum Investment Return$275MinimumInvestmentReturnAmt

Distributable Amount DistributableAmountGrp

FieldValueIRS element (for citing)
Sect4942j3j5 Fndtn And Frgn OrgYes (X)Sect4942j3j5FndtnAndFrgnOrgInd

Qualifying Distri Part XII QualifyingDistriPartXIIGrp

FieldValueIRS element (for citing)
Expenses And Contributions$33,820ExpensesAndContributionsAmt
Qualifying Distributions$33,820QualifyingDistributionsAmt
Adjusted Qualifying Distri$33,820AdjustedQualifyingDistriAmt

Private Operating Foundations PrivateOperatingFoundationsGrp

FieldValueIRS element (for citing)
Private Operating Fndtn Ruling2016-03-11PrivateOperatingFndtnRulingDt
Section4942j3Yes (X)Section4942j3Ind

Lessor Adj Net Incm Min Invst Ret LessorAdjNetIncmMinInvstRetGrp

FieldValueIRS element (for citing)
Current Year$18CurrentYearAmt
Total$18TotalAmt

Pct85 Lessor Adj Incm Or Min Ret Pct85LessorAdjIncmOrMinRetGrp

FieldValueIRS element (for citing)
Current Year$15CurrentYearAmt
Total$15TotalAmt

Qualifying Distributions QualifyingDistributionsGrp

FieldValueIRS element (for citing)
Current Year$33,820CurrentYearAmt
Total$33,820TotalAmt

Qualifying Distri Made Drt QualifyingDistriMadeDrtGrp

FieldValueIRS element (for citing)
Current Year$33,820CurrentYearAmt
Total$33,820TotalAmt

Total Assets TotalAssetsGrp

FieldValueIRS element (for citing)
Current Year$182,000CurrentYearAmt
Year1$182,000Year1Amt
Total$364,000TotalAmt

Total Assets Sect4942j3 Bi TotalAssetsSect4942j3BiGrp

FieldValueIRS element (for citing)
Current Year$182,000CurrentYearAmt
Year1$182,000Year1Amt
Total$364,000TotalAmt

Two Thirds Minimum Invst Ret TwoThirdsMinimumInvstRetGrp

FieldValueIRS element (for citing)
Total$0TotalAmt

Supplementary Information SupplementaryInformationGrp

FieldValueIRS element (for citing)
Contributing ManagerWILLIAM E EVANSContributingManagerNm
Only Contri To PreselectedYes (X)OnlyContriToPreselectedInd

Analysis Income Producing Acty AnalysisIncomeProducingActyGrp

Int On Sav And Temp Cash Invst IntOnSavAndTempCashInvstGrp

FieldValueIRS element (for citing)
Exclusion14ExclusionCd
Exclusion$18ExclusionAmt

Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp

FieldValueIRS element (for citing)
Exclusion$18ExclusionAmt
FieldValueIRS element (for citing)
Total Income Producing Acty$18TotalIncomeProducingActyAmt

Trnsfr Trans Rln Nonchrtbl EO TrnsfrTransRlnNonchrtblEOGrp

FieldValueIRS element (for citing)
Trnsfr Of Cash To Nonchrtbl EOfalseTrnsfrOfCashToNonchrtblEOInd
Trnsfr Other Asset Nonchrtbl EOfalseTrnsfrOtherAssetNonchrtblEOInd
Sales Or Exchanges Of AssetsfalseSalesOrExchangesOfAssetsInd
Purchase Of Assets Nonchrtbl EOfalsePurchaseOfAssetsNonchrtblEOInd
Rental Of Facilities Oth AssetsfalseRentalOfFacilitiesOthAssetsInd
Reimbursement ArrangementsfalseReimbursementArrangementsInd
Loans Or Loan GuaranteesfalseLoansOrLoanGuaranteesInd
Performance Of Services EtcfalsePerformanceOfServicesEtcInd
Sharing Of Facilities EtcfalseSharingOfFacilitiesEtcInd
Relationships Nonchrtbl EOfalseRelationshipsNonchrtblEOInd

Schedule B IRS990ScheduleB

FieldValueIRS element (for citing)
Organization501c3 Exempt PFYes (X)Organization501c3ExemptPFInd
General RuleYes (X)GeneralRuleInd

Contributor Information ContributorInformationGrp (2 entries)

ContributorContributorNumAddress Line1ContributorUSAddress/AddressLine1TxtCityContributorUSAddress/CityNmState AbbreviationContributorUSAddress/StateAbbreviationCdZIPContributorUSAddress/ZIPCdTotal ContributionsTotalContributionsAmtPerson ContributionPersonContributionInd
BILL EVANS
11125 ORANGE AVEKALONAIA52247$15,900Yes (X)
ON HIS PATH
2604 NORTH PARKWAY STWAYLANDIA52654$25,000Yes (X)

Depreciation Schedule DepreciationSchedule

Depreciation Property DepreciationPropertyGrp

FieldValueIRS element (for citing)
Property507 3RD STREET, KALONA IAPropertyDesc
Acquired2014-12-31AcquiredDt
Cost Or Other Basis$150,400CostOrOtherBasisAmt
Computation MethodSLComputationMethodTxt
Life40.0000LifeRt
Current Year Expense$3,760CurrentYearExpenseAmt

Land Etc Schedule2 LandEtcSchedule2

Land Etc LandEtcGrp

FieldValueIRS element (for citing)
Category Or ItemBuildingsCategoryOrItemTxt
Cost Or Other Basis$170,000CostOrOtherBasisAmt
Accumulated Depreciation$3,760AccumulatedDepreciationAmt
Book Value$166,240BookValueAmt
EOYFMV$182,000EOYFMVAmt

Legal Fees Schedule LegalFeesSchedule

Legal Fees LegalFeesGrp

FieldValueIRS element (for citing)
CategoryLEGAL FEESCategoryTxt
Legal Fees$11,440LegalFeesAmt
Net Investment Income$114NetInvestmentIncomeAmt
Adjusted Net Income$0AdjustedNetIncomeAmt
Disbursements Charitable Prps$11,326DisbursementsCharitablePrpsAmt

Other Expenses Schedule OtherExpensesSchedule

Other Expenses Schedule OtherExpensesScheduleGrp (8 entries)

DescDescRevenue And Expenses Per BooksRevenueAndExpensesPerBooksAmtDisbursements Charitable PrpsDisbursementsCharitablePrpsAmtNet Investment IncomeNetInvestmentIncomeAmt
BANK CHARGES$27$27
EQUIPMENT RENT$633$627$6
FOOD/MEALS$28$28
INSURANCE$2,971$2,941$30
MISCELLANEOUS$497$492$5
OTHER PROGRAM EXPENSES$1,050$1,039$11
SUPPLIES$361$357$4
TELEPHONE$280$277$3

Substantial Contributors Sch SubstantialContributorsSch

Substantial Contributor Detail SubstantialContributorDetail (2 entries)

Address Line1USAddress/AddressLine1TxtCityUSAddress/CityNmState AbbreviationUSAddress/StateAbbreviationCdZIPUSAddress/ZIPCd
WILLIAM EVANS
1125 ORANGE AVEKALONAIA52247
ON HIS PATH
604 NORTH PARKWAY STWAYLANDIA52654

Comments

Anonymous: no account or email. Up to 2,000 characters, at most one link. Comments are checked automatically; some wait for review.