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The Water Hole

Learn about this cause: What are the reviews? Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 020628948 ✦ Utopia, TX ✦ Designated as a 501(c)(3)

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Overview

What is The Water Hole?

The Water Hole is a nonprofit organization, situated in Utopia, Texas, with a focus on religious purposes. Its primary mission involves ministering the Word of God, conducting regular religious worship services, and promoting cooperation with other community organizations. The ministry also extends its reach beyond local boundaries, spreading the Gospel through seminars, radio, television, and mass media. Additionally, it engages in local and international outreach, maintaining ministry facilities, and operating a school for training ministers. Furthermore, The Water Hole licenses and ordains qualified individuals, including graduates from its ministerial school, to serve in various capacities. The organization's core activities support orphanages, feeding programs, and church ministry in Kenya, Guatemala, Wales, and Mexico.


Official website here: www.the waterhole.net

What are the reviews and ratings of this charity?

Charity Navigator Rating: 73%, earning it a Two-Star out of Four Star rating. This rating indicates that while The Water Hole demonstrates a level of accountability and transparency, there are significant areas needing improvement. The overall score reflects a solid performance in certain governance aspects but highlights deficiencies in policy documentation.

The organization boasts a fully independent board of directors, which is a strong point, as it ensures unbiased decision-making. Additionally, The Water Hole has shown excellent financial health with a zero liability to assets ratio and a program expense ratio of 100%, suggesting that all funds are directed towards its programs. However, the absence of a whistleblower policy and a document retention policy raises concerns about its internal governance and risk management.

Moreover, the nonprofit does not have its tax form posted on its website, which is a missed opportunity for greater transparency. While the organization has made strides in some areas, it faces challenges in establishing comprehensive policy frameworks that would enhance its accountability and trust among stakeholders. Overall, while The Water Hole is making positive contributions, addressing these limitations is crucial for improving its rating and public perception.


This AI summary has been generated from information found on Charity Navigator.

Is The Water Hole legitimate?

The Water Hole is a legitimate nonprofit organization registered as a 501(c)(3) entity. The Water Hole submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.


Heare are some key statistics you may want to consider:

Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $41,204

For more financial information, click here


Official website here: www.the waterhole.net

What is the mission statement of The Water Hole?

The Water Hole is a religious organization with a mission to serve for religious purposes, as outlined by Section 501(c)(3) of the Internal Revenue Code. Their primary objective is to spread the Word of God through various ministries and religious worship services. They promote cooperation with other local organizations and use seminars, radio, television, and other forms of mass media to spread the Gospel to all. The ministry also conducts local and international outreach missions, maintains ministry facilities, and operates a school for ministerial training. Qualified individuals, including graduates of this school, can be licensed and ordained by the organization.


Official website here: www.the waterhole.net

Who is the CEO of The Water Hole?

Robert Richarz is the President of The Water Hole.


Official website here: www.the waterhole.net

What is the revenue of The Water Hole?

The Water Hole's revenue in 2022 was $556,209.


Official website here: www.the waterhole.net

Who are the executives of The Water Hole and what are their salaries?

The average compensation at The Water Hole during 2022 was $41,204. There is 1 employee and 15 volunteers at The Water Hole.


Here are 5 key members and their salaries:


Robert Richarz (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Laura Richarz (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ivan Tate (Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Wynne Goss (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dan Kibbe (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.the waterhole.net

Where can I find the form 990 for The Water Hole?

The Water Hole's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.the waterhole.net

Learn more at the official website: www.the waterhole.net

Mission Statement of The Water Hole

The Water Hole, a religious nonprofit organization, is dedicated to serving its purpose under Section 501(c)(3) of the Internal Revenue Code. The organization's mission is multifaceted, aimed at ministering the Word of God and conducting regular religious worship services through various ministries. It strives to foster cooperation with other community-based organizations that share similar objectives.

One of The Water Hole's primary goals is to spread the Gospel by reaching out to a broad audience through seminars, radio, television, and other forms of mass media. It also conducts a local and international outreach ministry, guided by the Lord Jesus Christ and the Holy Spirit, as per the teachings in the Holy Bible. The organization maintains both local and missionary ministry facilities, providing a physical space for its activities.

Furthermore, The Water Hole operates a school for the training of ministers, where qualified individuals, including graduates of the ministerial school, can be licensed and ordained. This education and licensing process enable the organization to equip and empower its ministers, ensuring they are well-equipped to carry out its religious mission effectively.

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Impact




July, 2024

The Water Hole's impact is significant in supporting orphanages, feeding programs, and church ministries in Kenya, Guatemala, Wales, and Mexico. Through its efforts, it provides vital assistance to communities in need, offers educational and spiritual training, and promotes cooperation with other organizations. The Water Hole's activities contribute to improving the lives of many individuals and communities across different regions, fostering growth, support, and spreading the message of faith and hope.




This information is meant to be a general summary of The Water Hole. Please take the time to review official sources before making any decisions based upon the content provided here.


Financials

This financial information is from Propublica.

Revenue
$556,209 (2022)
Expenses
$296,872 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $3,232
  • Gross Receipts: $556,209

Assets and Liabilities:

  • Total Assets: $1,069,321
  • Total Liabilities: $0
  • Net Assets: $1,069,321

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Organization Details

Founding Year

2002

Principal Officer

Robert Richarz

Main Address

PO Box 532, Utopia, TX, 78884

NTEE Category

Code: X99 - Religion related

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