philanthropy.org | 990 Resource | FAQ Verify yourself
Sign in

Formidable Joy FY2020 filing

Tax-deductible

Studio City, CA501(c)(3)Foundations & GrantmakersEIN 82-2477103Revenue $253K in FY2020

On file with the IRSformidablejoy.org11333 Moorpark St 14, 91602-2618 · Studio City, CATax-exempt since Aug 2017Publicly supported charity — 170(b)(1)(A)(vi)

Claim this org

(tell your story, add context, and more)

What claiming does How does your 990 look to donors? Take the 10-Question Audit

To provide access to clean water for those in developing countries (ie. Malawi, Africa). This is accomplished by drilling new boreholes, repairing pumps and/or installing solar water systems.

501(c)(3) charity; gifts are tax-deductible.
100¢ of each $1 spent went to programs.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX

Before you give

FY2020 · Form 990Independent: from IRS data, not the org
Download 990
IRS status
501(c)(3)
not on the IRS revocation list
Looks good: listed by the IRS and not on the revocation list.
IRS BMF · Auto-Revocation List
Tax-deductible gifts
Yes
Donations are tax-deductible
Looks good: the IRS lists gifts to it as deductible.
IRS Pub. 78 · IRS BMF
Latest return
FY2024
latest Form 990
Looks good: the latest return is for FY2024, 2 tax years back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
2 of 4
filings with a surplus
Average surplus $27K a year · 11% of revenue · last 4 filings
Worth a look: a surplus in 2 of the last 4 filings.
Pt I · Ln 19 · 4 filings
Spent on programs
100%
of spending
Looks good: 100% of spending went to programs; 75% or more.
Pt IX · Ln 25 · col B
Cash reserves
20 mo
of spending, in cash
Looks good: 20.4 months of spending in cash; 3 or more.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
8
named funders · $49K
Looks good: 8 funders name it on their filings; 3 or more.
Funders’ Sch. I, 990-PF
Liabilities
$0
0% of total assets
Looks good: liabilities are 0% of assets; 50% or less.
Pt X · Ln 26
Independent board members
5
of 5 voting members
Looks good: 5 of 5 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$253K
Spent
$115K
To programs
100%
Net assets
$242K
By yearFY2020–FY2024
Revenue
$253K
FY2020
Tap a bar for its year
Revenue by fiscal year
FY2020$253K
FY2021$218K
FY2022$211K
FY2023$285K
FY2024$134K
Expenses
$115K
FY2020
Tap a bar for its year
Expenses by fiscal year
FY2020$115K
FY2021$277K
FY2022$220K
FY2023$246K
FY2024Not on file
Net assets
$242K
FY2020
Tap a bar for its year
Net assets by fiscal year
FY2020$242K
FY2021$178K
FY2022$152K
FY2023$192K
FY2024$153K

From the FY2020 Form 990 · see the original

Give Claim
You’re viewing the FY2020 filing — not the latest on file. See the latest (FY2024) →

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2024. IRS ruling in Aug 2017.

IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File

Where the money goes

100 cents of each dollar spent went to programs.

Program services 100% · $115K Management & general 0% · $60

Form 990 Part IX, line 25, columns B–D. Every line is in By the numbers.

Something off? Claim to add context

Who runs it and what they're paid

5 people listed on the 990.

Part VII, Section A · reportable compensation
Cynthia Harnist Rood
Executive Director
$0Pt VII · Sec A
Bonnie Darrow
Treasurer
$0Pt VII · Sec A
Sapna Abrol
Secretary
$0Pt VII · Sec A
Karinn Sammann
Board Member
$0Pt VII · Sec A
Lisa Vebber
Board Member
$0Pt VII · Sec A
See Formidable Joy executive salaries →

On this list? Claim this org

Something off? Claim to add context

Questions the 990 asks

The form asks each of these directly. These are the filed answers.

  • Family or business ties among officersPt VI · Ln 2No
  • Top official's pay set by an independent reviewPt VI · Ln 15aNo

Programs and updates

Drills wells, repairs pumps, and installs solar systems to bring clean water to developing countries.

Questions for Formidable Joy

Tap to ask. Formidable Joy sees how many people are interested.

Your first name shows with your question. Formidable Joy answers here, for everyone.

Provided by the organization

Know this org? Add your story

3 programs · $18K · in their own filed words · FY2020
01

CHIKWAWA HOSPITAL. The maternity wing and operating theatre at Chikwawa Hospital received a 10,000 ltr back-up water system. Nearly 5,000 babies are born at this hospital each year and yet the entire hospital averages approximately 6 hours/day without water.

$8Kprogram expense
02

Namunda School. Installed a solar water system for school of 400. This incredible primary school was formerly using an electric water supply. Due to the inconsistency of the power grid in Malawi, their access to water was also inconsistent.

$5Kprogram expense
03

Malawi Water Project. Supplied 40 biosand filters for 40 families in need, and distributed 1,380 bars of soap to communities as part of our COVID-19 response. Both biosand and soap distribution included best practices training and follow up to ensure success of the program.

$5Kprogram expense

Funders

Who pays for it.

From grant filings on record. Receipts are incomplete: individual donors are never listed.

Grants

Schedule I · funders on record
Grants received · FY2024
Bruce and Jina Veaco FoundationFY2024$10K
Donor Advised Charitable Giving INCFY2024$10K
Riordan Family FoundationFY2024$10K
Fidelity Investments Charitable Gift FundFY2024$8K
Paypal Charitable Giving FundFY2024$6K
Morgan Stanley Global Impact Funding Trust INCFY2024$5K
Lazard FoundationFY2024$125
First Eagle Investment Management FoundationFY2024$125
Total grants receivedfrom 8 funders$49K
See all 8 funders →

By the numbers

The FY2020 990, line by line.

Download 990
from philanthropy.org
1The main four
Money inPt VIII
$253K
Ln 12
Gifts and grantsLn 1h$253K
Investment incomeLn 3$76
Money outPt IX
$115K
Ln 25
Programscol B$115K
Managementcol C$60
Owns and owesPt X
$242K
net assets · Ln 32
Cash and savingsLn 1–2$196K
Total assetsLn 16$242K
LiabilitiesLn 26$0
PeoplePt VI, VII
5
listed · VII A
PaidVII A0
Voting boardVI 1a5
IndependentVI 1b5
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$253K
Noncash giftsLn 1g$14K
Investment incomeLn 3$76
Total revenueLn 12$253K
Assets in detailPt X, end of year
CashLn 1$196K
Cash and savings togetherLn 1–2$196K
InvestmentsLn 11–13$46K
Total assetsLn 16$242K
LiabilitiesLn 26$0
Net assetsLn 32$242K
OperationsPt I, VI
EmployeesI 50
VolunteersI 66
Fiscal year endsHeaderDecember
Conflict-of-interest policyVI 12aNo
Whistleblower policyVI 13No
Records policyVI 14No
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY20End FY20
Cash and savingsLn 1–2$73K$196K
InvestmentsLn 11–13$22K$46K
Total assetsLn 16$95K$242K
LiabilitiesLn 26$0$0
Net assetsLn 32$95K$242K
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Other fees for servicesLn 11g$113K$113K$0$0
TravelLn 17$2K$2K$0$0
Other expenses (24a–d)Ln 24$150$90$60$0
Total functional expensesLn 25$115K$115K$60$0

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2024 Latest $134K$153K 990 PDF
FY2023 $285K$246K$39K$192K 990 PDF
FY2022 $211K$220K−$10K$152K 990 PDF
FY2021 $218K$277K−$60K$178K 990 PDF
FY2020 Viewing $253K$115K$138K$242K 990 PDF

More to add? Claim this org

Schedules filed Part IV

III · Programs R · Related orgs G · Fundraising L · Interested persons I · Grants A · Public support O · Explanations
See the full FY2020 990 (6 parts)
Part I · Summary $253,040 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $181,665$252,964
I-9 Program service revenue$0
I-10 Investment income$76
I-11 Other revenue$0
I-12 Total revenuePrior year $181,665$253,040
I-13 Grants and similar amounts paid$0
I-14 Benefits paid to members$0
I-15 Salaries and benefits$0
I-16a Professional fundraising fees$0
I-17 Other expensesPrior year $154,273$115,295
I-18 Total expensesPrior year $154,273$115,295
I-19 Revenue less expensesPrior year $27,392$137,745
Part VI · Governance 5 of 5 board members independent, 4 to look at
VI-1a Voting members of the governing body5
VI-1b Independent voting members5
VI-12a Written conflict of interest policyNo
VI-13 Written whistleblower policyNo
VI-14 Document retention and destruction policyNo
VI-15a Process for setting top official's payNo
VI-2 Family or business relationship among officers or directorsNo
Part VIII · Statement of revenue $253,040 across 5 lines filed
VIII-1f All other contributions, gifts and grants$252,964
VIII-1g Noncash contributions (included above)$14,237
VIII-1h Total contributions, gifts and grants$252,964
VIII-3 Investment incomeUnrelated business $0 · Excluded from tax $76$76
VIII-12 Total revenueRelated to mission $0 · Unrelated business $0 · Excluded from tax $76$253,040
Part IX · Statement of functional expenses $115,295 across 3 lines filed
IX-11g Other fees for servicesPrograms $113,305 · Management $0 · Fundraising $0$113,305
IX-17 TravelPrograms $1,840 · Management $0 · Fundraising $0$1,840
IX-24 Other expenses (24a–d)Programs $90 · Management $60 · Fundraising $0$150
IX-25 Total functional expensesPrograms $115,235 · Management $60 · Fundraising $0$115,295
Part X · Balance sheet $242,259 assets, 6 lines filed
X-1 Cash, non-interest-bearingStart of year $72,774$196,207
X-11 Publicly traded securitiesStart of year $22,133$46,052
X-16 Total assetsStart of year $94,907$242,259
X-26 Total liabilitiesStart of year $0$0
X-32 Total net assets or fund balancesStart of year $94,907$242,259
X-33 Total liabilities and net assetsStart of year $94,907$242,259
Part XI · Reconciliation of net assets $242,259 net assets at year end
XI-1 Total revenue$253,040
XI-2 Total expenses$115,295
XI-3 Revenue less expenses$137,745
XI-4 Net assets at start of year$94,907
XI-5 Net unrealized gains (losses) on investments$9,607
XI-10 Net assets at end of year$242,259

Form 990 e-file (XML) FY2020 from the IRS · Classification, formation year and address from the IRS Business Master File

Similar organizations you could support · Compare with another nonprofit

Names, privacy, and removal requests More

The names, titles, and compensation shown on this page are reproduced from IRS Form 990 filings, which are public records.

Philanthropy.org does not alter the content of those filings. All information appears exactly as reported by the filing organization for the tax year shown.

We publish only information contained in the public IRS filing — and less than the filing contains. Our profile pages do not display street addresses, telephone numbers, personal email addresses, or other personal contact information, even where the filing includes them.

Many people share the same name. A name shown on this page reflects only what one organization reported in one IRS filing for one tax year. It should not be interpreted as identifying any other individual with the same or a similar name.

If you are no longer affiliated with the organization, your name will generally stop appearing in future IRS filings once the organization no longer reports you. Pages for tax years in which you were reported remain published because those filings remain part of the public record.

Philanthropy.org does not alter or remove IRS filing records. Removing a page from this website would not remove the underlying IRS filing, which remains publicly available from the IRS and other publishers of the same information.

If you believe the IRS filing itself is inaccurate, corrections must be made by the filing organization or the IRS directly.

Your org? Add context

Made it to the end? Claim this org

All figures are derived from public IRS Form 990 filings and are presented without evaluation of any organization. philanthropy.org does not rate, score, or rank organizations, including the pay comparisons above.