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Fountainhead Inc

Organization summary

Type of Nonprofit

Designated as a Organizations for any of the following purposes: religious, educational, charitable, scientific, literary, testing for public safety, fostering national or international amateur sports competition (as long as it doesn't provide athletic facilities or equipment), or the prevention of cruelty to children or animals.

Category: Educational Institutions and Related Activities / Kindergarten, Preschool, Nursery School, Early Admissions (NTEE)

Donations to this organization are tax deductible.

Details

According to its June 2024 tax filing, this nonprofit:

Operated a school
Organization is a school. Details are reported on Schedule E.
Reported conflict of interest transactions
Organizations must report loans, grants or business transactions with interested parties, which may include key employees and officers, their family members and any businesses in which they hold a controlling interest. These transactions must be reported on Schedule L.

Summary charts: organization finances over time

Revenue
$6.08M (2024)

Expenses
$4.65M (2024)

Total Assets
$5.71M (2024)

Total Liabilities
$2.65M (2024)

Source: Form 990 tax filings from 2011 to 2024

Tax Filings by Year

Form 990 is an information return that most organizations claiming federal tax-exempt status must file yearly with the IRS. Nonprofit Explorer has IRS digitized Form 990 data for filings processed in 2012 and later. If this organization filed an amended return, it may not be reflected below. Duplicate download links may indicate a resubmission or amendment to this organization's original return. Form 990 data is from the IRS.

Fiscal Year Ending June
2024

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$6,077,720
Expenses
$4,653,535
Net Income
$1,424,185
Net Assets
$3,059,992
Notable Sources of Revenue Percent of Total Revenue
Contributions $179,583
3.0%
Program Services $4,537,895
74.7%
Investment Income $198,504
3.3%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $1,161,738
19.1%
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $209,075
4.5%
Professional Fundraising Fees $0
Other Salaries and Wages $2,282,646
49.1%
Assets/Debt
Total Assets $5,714,483
Total Liabilities $2,654,491
Net Assets $3,059,992
Other
Operated a school
Reported conflict of interest transactions
Compensation
Key Employees and Officers Compensation Related Other
Shandy Cole (Executive Dir.) $122,608 $0 $0
Sarah Zimmerman (President) $58,885 $0 $0
John Lindl (Treasurer) $27,582 $0 $0
George Zimmerman (Secretary) $0 $0 $0

Document Links

Fiscal Year Ending June
2023

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$5,560,830
Expenses
$5,254,368
Net Income
$306,462
Net Assets
$3,758,914
Notable Sources of Revenue Percent of Total Revenue
Contributions $366,767
6.6%
Program Services $5,143,761
92.5%
Investment Income $307,924
5.5%
Bond Proceeds $0
Royalties $0
Rental Property Income -$228,522
Net Fundraising $0
Sales of Assets -$29,100
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $204,132
3.9%
Professional Fundraising Fees $0
Other Salaries and Wages $2,347,504
44.7%
Assets/Debt
Total Assets $6,588,247
Total Liabilities $2,829,333
Net Assets $3,758,914
Other
Operated a school
Reported conflict of interest transactions
Compensation
Key Employees and Officers Compensation Related Other
Shandy Cole (Executive Dir.) $123,743 $0 $0
Sarah Zimmerman (President) $54,748 $0 $0
John Lindl (Treasurer) $25,641 $0 $0
George Zimmerman (Secretary) $0 $0 $0

Document Links

Fiscal Year Ending June
2022

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$2,127,012
Expenses
$7,851,932
Net Income
-$5,724,920
Net Assets
$742,164
Notable Sources of Revenue Percent of Total Revenue
Contributions $390,129
18.3%
Program Services $7,536,797
> 100%
Investment Income $2,381
0.1%
Bond Proceeds $0
Royalties $0
Rental Property Income -$287,017
Net Fundraising $0
Sales of Assets -$5,576,610
Net Inventory Sales $0
Other Revenue $61,332
2.9%
Notable Expenses Percent of Total Expenses
Executive Compensation $208,449
2.7%
Professional Fundraising Fees $0
Other Salaries and Wages $3,710,098
47.3%
Assets/Debt
Total Assets $4,895,908
Total Liabilities $4,153,744
Net Assets $742,164
Other
Operated a school
Reported conflict of interest transactions
Compensation
Key Employees and Officers Compensation Related Other
Shandy Cole (Executive Director) $129,694 $0 $0
Sarah Zimmerman (President) $53,637 $0 $0
John Lindl (Treasurer) $25,118 $0 $0
George Zimmerman (Secretary) $0 $0 $0

Document Links

Fiscal Year Ending June
2021

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$6,448,503
Expenses
$7,147,813
Net Income
-$699,310
Net Assets
$6,377,836
Notable Sources of Revenue Percent of Total Revenue
Contributions $899,967
14.0%
Program Services $5,661,806
87.8%
Investment Income $2,786
0.0%
Bond Proceeds $0
Royalties $0
Rental Property Income -$88,747
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue -$27,309
Notable Expenses Percent of Total Expenses
Executive Compensation $205,967
2.9%
Professional Fundraising Fees $0
Other Salaries and Wages $3,100,845
43.4%
Assets/Debt
Total Assets $11,688,052
Total Liabilities $5,310,216
Net Assets $6,377,836
Other
Operated a school
Reported conflict of interest transactions
Compensation
Key Employees and Officers Compensation Related Other
Shandy Cole (Executive Director) $114,744 $0 $0
Sarah Zimmerman (President) $66,136 $0 $0
John Lindl (Treasurer) $25,087 $0 $0
George Zimmerman (Secretary) $0 $0 $0

Document Links

Fiscal Year Ending June
2020

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$7,347,328
Expenses
$8,017,893
Net Income
-$670,565
Net Assets
$5,869,553
Notable Sources of Revenue Percent of Total Revenue
Contributions $90,000
1.2%
Program Services $7,187,144
97.8%
Investment Income $3,573
0.0%
Bond Proceeds $0
Royalties $0
Rental Property Income $22,942
0.3%
Net Fundraising $0
Sales of Assets -$1,124
Net Inventory Sales $0
Other Revenue $44,793
0.6%
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $4,044,363
50.4%
Assets/Debt
Total Assets $9,610,952
Total Liabilities $3,741,399
Net Assets $5,869,553

Document Links

Fiscal Year Ending June
2019

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$8,482,438
Expenses
$8,012,242
Net Income
$470,196
Net Assets
$6,531,779
Notable Sources of Revenue Percent of Total Revenue
Contributions $190,129
2.2%
Program Services $8,289,705
97.7%
Investment Income $2,604
0.0%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $214,292
2.7%
Professional Fundraising Fees $0
Other Salaries and Wages $3,824,231
47.7%
Assets/Debt
Total Assets $9,383,873
Total Liabilities $2,852,094
Net Assets $6,531,779

Document Links

Fiscal Year Ending June
2018

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$7,815,099
Expenses
$7,706,689
Net Income
$108,410
Net Assets
$5,823,626
Notable Sources of Revenue Percent of Total Revenue
Contributions $1,095
0.0%
Program Services $7,855,923
> 100%
Investment Income $1,713
0.0%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets -$43,632
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $219,110
2.8%
Professional Fundraising Fees $0
Other Salaries and Wages $3,632,767
47.1%
Assets/Debt
Total Assets $8,827,630
Total Liabilities $3,004,004
Net Assets $5,823,626

Document Links

Fiscal Year Ending June
2017

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$8,501,321
Expenses
$8,387,819
Net Income
$113,502
Net Assets
$5,524,015
Notable Sources of Revenue Percent of Total Revenue
Contributions $32,889
0.4%
Program Services $8,136,472
95.7%
Investment Income $2,302
0.0%
Bond Proceeds $0
Royalties $0
Rental Property Income $46,924
0.6%
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $282,734
3.3%
Notable Expenses Percent of Total Expenses
Executive Compensation $213,333
2.5%
Professional Fundraising Fees $0
Other Salaries and Wages $3,886,607
46.3%
Assets/Debt
Total Assets $6,306,865
Total Liabilities $782,850
Net Assets $5,524,015
Other
Operated a school
Reported conflict of interest transactions
Compensation
Key Employees and Officers Compensation Related Other
Shandy Cole (Executive Director) $110,790 $0 $0
Sarah Zimmerman (President) $78,636 $0 $0
John Lindl (Treasurer) $23,907 $0 $0
George Zimmerman (Secretary) $0 $0 $0

Document Links

Fiscal Year Ending June
2016

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$7,983,079
Expenses
$7,439,142
Net Income
$543,937
Net Assets
$5,410,513
Notable Sources of Revenue Percent of Total Revenue
Contributions $16,790
0.2%
Program Services $7,803,428
97.7%
Investment Income $1,790
0.0%
Bond Proceeds $0
Royalties $0
Rental Property Income -$13,033
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $174,104
2.2%
Notable Expenses Percent of Total Expenses
Executive Compensation $184,068
2.5%
Professional Fundraising Fees $0
Other Salaries and Wages $3,452,156
46.4%
Assets/Debt
Total Assets $6,245,321
Total Liabilities $834,808
Net Assets $5,410,513
Other
Operated a school
Reported conflict of interest transactions
Compensation
Key Employees and Officers Compensation Related Other
Shandy Cole (Executive Director) $110,028 $0 $0
Sarah Zimmerman (President) $59,636 $0 $0
John Lindl (Treasurer) $14,404 $0 $0
George Zimmerman (Secretary) $0 $0 $0

Document Links

Fiscal Year Ending June
2015

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$6,890,578
Expenses
$6,587,602
Net Income
$302,976
Net Assets
$4,866,576
Notable Sources of Revenue Percent of Total Revenue
Contributions $110,172
1.6%
Program Services $6,614,299
96.0%
Investment Income $1,715
0.0%
Bond Proceeds $0
Royalties $0
Rental Property Income $47,291
0.7%
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $117,101
1.7%
Notable Expenses Percent of Total Expenses
Executive Compensation $170,101
2.6%
Professional Fundraising Fees $0
Other Salaries and Wages $3,122,406
47.4%
Assets/Debt
Total Assets $5,674,284
Total Liabilities $807,708
Net Assets $4,866,576
Other
Operated a school
Reported conflict of interest transactions
Compensation
Key Employees and Officers Compensation Related Other
Shandy Cole (Executive Director) $103,800 $0 $0
Sarah Zimmerman (President) $54,636 $0 $0
John Lindl (Treasurer) $11,665 $0 $0
George Zimmerman (Secretary) $0 $0 $0

Document Links

Fiscal Year Ending June
2014

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$6,471,195
Expenses
$6,140,542
Net Income
$330,653
Net Assets
$4,563,600
Notable Sources of Revenue Percent of Total Revenue
Contributions $215,357
3.3%
Program Services $6,084,908
94.0%
Investment Income $1,178
0.0%
Bond Proceeds $0
Royalties $0
Rental Property Income $43,282
0.7%
Net Fundraising $0
Sales of Assets -$757
Net Inventory Sales $0
Other Revenue $127,227
2.0%
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $2,922,224
47.6%
Assets/Debt
Total Assets $5,239,853
Total Liabilities $676,253
Net Assets $4,563,600

Document Links

Fiscal Year Ending June
2013

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$5,587,597
Expenses
$5,303,615
Net Income
$283,982
Net Assets
$4,228,520
Notable Sources of Revenue Percent of Total Revenue
Contributions $11,145
0.2%
Program Services $5,621,146
> 100%
Investment Income $2,422
0.0%
Bond Proceeds $0
Royalties $0
Rental Property Income $1,630
0.0%
Net Fundraising $0
Sales of Assets -$52,317
Net Inventory Sales $0
Other Revenue $3,571
0.1%
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $2,679,047
50.5%
Assets/Debt
Total Assets $4,879,815
Total Liabilities $651,295
Net Assets $4,228,520

Document Links

Fiscal Year Ending June
2012

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$5,049,868
Expenses
$4,673,408
Net Income
$376,460
Net Assets
$3,944,538
Notable Sources of Revenue Percent of Total Revenue
Contributions $8,705
0.2%
Program Services $5,014,939
99.3%
Investment Income $14,536
0.3%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $11,688
0.2%
Notable Expenses Percent of Total Expenses
Executive Compensation $58,832
1.3%
Professional Fundraising Fees $0
Other Salaries and Wages $2,459,741
52.6%
Assets/Debt
Total Assets $4,244,508
Total Liabilities $299,970
Net Assets $3,944,538

Document Links

Fiscal Year Ending June
2011

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$5,088,181
Expenses
$4,641,238
Net Income
$446,943
Net Assets
$3,568,078
Notable Sources of Revenue Percent of Total Revenue
Contributions $497,886
9.8%
Program Services $4,790,675
94.2%
Investment Income $13,914
0.3%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets -$216,533
Net Inventory Sales $0
Other Revenue $2,239
0.0%
Notable Expenses Percent of Total Expenses
Executive Compensation $489,539
10.5%
Professional Fundraising Fees $0
Other Salaries and Wages $1,887,349
40.7%
Assets/Debt
Total Assets $3,711,888
Total Liabilities $143,810
Net Assets $3,568,078

Document Links

Fiscal Year Ending June
2010

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending June
2009

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending June
2008

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending June
2007

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending June
2006

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending June
2005

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending June
2004

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending June
2003

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending June
2002

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

About This Data

Nonprofit Explorer includes summary data for nonprofit tax returns and full Form 990 documents, in both PDF and digital formats.

The summary data contains information processed by the IRS during the 2012-2019 calendar years; this generally consists of filings for the 2011-2018 fiscal years, but may include older records. This data release includes only a subset of what can be found in the full Form 990s.

In addition to the raw summary data, we link to PDFs and digital copies of full Form 990 documents wherever possible. This consists of separate releases by the IRS of Form 990 documents processed by the agency, which we update regularly.

We also link to copies of audits nonprofit organizations that spent $750,000 or more in Federal grant money in a single fiscal year since 2016. These audits are copied from the Federal Audit Clearinghouse.

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Every organization that has been recognized as tax exempt by the IRS has to file Form 990 every year, unless they make less than $200,000 in revenue and have less than $500,000 in assets, in which case they have to file form 990-EZ. Organizations making less than $50,000 don’t have to file either form but do have to let the IRS they’re still in business via a Form 990N "e-Postcard."

Nonprofit Explorer has organizations claiming tax exemption in each of the 27 subsections of the 501(c) section of the tax code, and which have filed a Form 990, Form 990EZ or Form 990PF. Taxable trusts and private foundations that are required to file a form 990PF are also included. Small organizations filing a Form 990N "e-Postcard" are not included in this data.

Types of Nonprofits

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