Nonprofit · EIN 45-0594639
NEVERTHIRST INC
Tax-exempt · HOOVER, AL 35242
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990 | $9,619,050 | $9,348,743 | $270,307 | $3,886,190 | $238,352 | $3,647,838 |
| December 31, 2023 | 990 | $9,165,555 | $8,037,099 | $1,128,456 | $3,821,277 | $443,746 | $3,377,531 |
Financial details: 990 for the year ended December 31, 2024
Revenue
- Contributions, gifts and grants
- $8,534,950
- Program service revenue
- $0
- Investment income
- $31,783
- Net income from fundraising events
- $1,052,317
- Other revenue
- $1,052,317
Expenses
- Grants and similar amounts paid
- $0
- Compensation of officers, directors and key employees
- $432,215
- Other salaries and wages
- $1,314,367
- Salaries, compensation and benefits (total)
- $1,746,582
- Professional fundraising fees
- $0
- Legal fees
- $13,251
- Accounting fees
- $35,475
- Occupancy
- $67,689
- Travel
- $119,603
- Depreciation
- $13,693
- Program services (functional)
- $7,512,213
- Management and general (functional)
- $769,995
- Fundraising (functional)
- $1,066,535
Balance sheet and other
- Total assets, start of year
- $3,821,277
- Total assets, end of year
- $3,886,190
- Total liabilities, end of year
- $238,352
- Net assets, end of year
- $3,647,838
- Land, buildings and equipment
- $125,102
- Net assets without donor restrictions
- $805,152
- Net assets with donor restrictions
- $2,842,686
- Gross receipts
- $9,619,050
- Employees
- 14
- Year formed
- 2008
- State of legal domicile
- AL
From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.
Officers, directors and key employees
As listed on the 990 for the year ended December 31, 2024, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| MATT LETOURNEAU | Executive Dir. Trustee or director | 40 | $253,665 |
| BRANDON GOSSETT | DIRECTOR OF DEV Trustee or director | 40 | $178,550 |
| JEFF RECKER | SR. DIR. OF DEV. | 40 | $131,206 |
| JACQUELYN CASTELLI | SR. DIR. OF DEV. | 40 | $125,979 |
| FORREST WALDEN | Director Trustee or director | 0 | $0 |
| JEREMY LONG | Director Trustee or director | 0 | $0 |
| CHRIS PRIER | Director Trustee or director | 0 | $0 |
| GREG SANKEY | Director Trustee or director | 0 | $0 |
| BEN BOYCOTT | Director Trustee or director | 0 | $0 |
| TREY CUSHMAN | Director Trustee or director | 0 | $0 |
| ANDREW YOON | Director Trustee or director | 0 | $0 |
| MELISSA YOON | Director Trustee or director | 0 | $0 |
| GEORGE SCHROEDER | Director Trustee or director | 0 | $0 |
| LISA GIARATTANA | Director Trustee or director | 0 | $0 |
| JOHN SHIPP | Director Trustee or director | 0 | $0 |
3 more people on this return
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| BRENNAN POTTS | Director Trustee or director | 0 | $0 |
| PJ NARDY | Director Trustee or director | 0 | $0 |
| CHRIS WARK | Director Trustee or director | 0 | $0 |
990 for the year ended December 31, 2023: 13 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| MATT LETOURNEAU | Executive Dir. Trustee or director | 40 | $240,860 |
| BRANDON GOSSETT | DIRECTOR OF DEV Trustee or director | 40 | $170,688 |
| FORREST WALDEN | Director Trustee or director | 0 | $0 |
| JEREMY LONG | Director Trustee or director | 0 | $0 |
| CHRIS PRIER | Director Trustee or director | 0 | $0 |
| GREG SANKEY | Director Trustee or director | 0 | $0 |
| TREY CUSHMAN | Director Trustee or director | 0 | $0 |
| ANDREW YOON | Director Trustee or director | 0 | $0 |
| MELISSA YOON | Director Trustee or director | 0 | $0 |
| GEORGE SCHROEDER | Director Trustee or director | 0 | $0 |
| LISA GIARATTANA | Director Trustee or director | 0 | $0 |
| JOHN SHIPP | Director Trustee or director | 0 | $0 |
| BRENNAN POTTS | Director Trustee or director | 0 | $0 |
Address and contacts
- Address (IRS master file)
- 1111 EDENTON ST, HOOVER, AL 35242-9257
- In care of
- % VANN RUSSELL
- Signed the 990
- MATT LETOURNEAU, Executive Director
- Phone
- (205) 991-7757
- Website
- WWW.NEVERTHIRSTWATER.ORG
- Return prepared by
- Gallardo & Associates CPAs
Mission
NEVERTHIRST IS A FAITH-BASED NON PROFIT WHICH PROVIDES CLEAN WATER TO THE POOR THROUGH THE LOCAL CHURCH.
Program accomplishments
- NEVERTHIRST RECEIVES CONTRIBUTIONS WHICH ARE USED FOR ITS MISSION WORK IN UGANDA, MYANMAR, SOUTH SUDAN, CHAD, NIGER, INDIA, CAMBODIA, NEPAL AND OTHER UNDER-DEVELOPED COUNTRIES WHERE IT DEVELOPS & BUILDS FRESH WATER WELLS AND OTHER WATER PROJECTS FOR TOWNS OR VILLAGES AS WELL AS SHARES THE WORD OF GOD. NEVERTHIRST ONLY HAS ONE PROGRAM SERVICE WHICH IS THE COSTS ASSOCIATED WITH PROVIDING WELLS AND OTHER WATER PROJECTS AND RELATED COSTS THROUGH THE LOCAL CHURCH IN AFRICIA AND ASIA. NEVERTHIRST HAS ALSO WORKED WITH THE ASSOCIATION OF RELATED CHURCHES IN THE US (ARC) THAT HAS WORKED TO PLANT CHURCHES IN THE US WHICH IN TURN WILL FACILITATE FUTURE FUNDING OPPORTUNITIES FOR NEVERTHIRST FOR FURTHERING ITS PRIMARY EXEMPT PURPOSE OF ASSISTING UNDEVELOPED COUNTRIES SUCH AS SUDAN, SOUTH SUDAN, INDIA, CAMBODIA AND NEPAL WHILE SHARING THE GOSPEL WITH THE SURROUNDING COMMUNITY. IT IS NEVERTHIRST'S GOAL TO PROVIDE BOTH DRINKING WATER & MORE IMPORTANTLY SPIRITUAL WATER TO THE RESIDENTS IN THESE AREAS.Expenses $7,512,213
What it must file and when
IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | December 31, 2025 | May 15, 2026 | Not on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990 on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990 on file |
IRS record
- EIN
- 45-0594639
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Publicly supported organization (170(b)(1)(A)(vi))
- Donations deductible (Pub 78)
- Public charity, 50% deduction limit
- Exempt since
- 2009
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- International, foreign affairs and national security (Q31)
- Assets (IRS master file)
- $3,886,190
- Income (IRS master file)
- $9,619,050
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2024 | $9,619,050 | $9,348,743 | $3,886,190 | XML |
| 990 | December 2023 | $9,165,555 | $8,037,099 | $3,821,277 | XML |
| 990 | December 2022 | $8,211,041 | $9,345,957 | $2,547,546 | IRS |
| 990 | December 2021 | – | – | – | IRS |
| 990 | December 2020 | – | – | – | IRS |
| 990 | December 2018 | – | – | – | IRS |
990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 45-0594639).
Questions about NEVERTHIRST INC
- What is the EIN of NEVERTHIRST INC?
- The employer identification number (EIN) of NEVERTHIRST INC is 45-0594639.
- Is NEVERTHIRST INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2009.
- Are donations to NEVERTHIRST INC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does NEVERTHIRST INC file?
- Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
- When is the next return of NEVERTHIRST INC due?
- The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did NEVERTHIRST INC last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended December 2024.
- Who are the officers and directors of NEVERTHIRST INC?
- The 990 for the year ended December 31, 2024 lists 18 people; 4 received compensation from the organization, the highest $253,665 (MATT LETOURNEAU, Executive Dir.).
- How much revenue does NEVERTHIRST INC have?
- On its 990 for the year ended December 31, 2024 it reported revenue of $9,619,050, expenses of $9,348,743 and total assets of $3,886,190 at year end.
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All nonprofits in HOOVER · Alabama · International, foreign affairs and national security