Doc 01
IRS 501(c)(3) Determination Letter
Effective date of exemption: January 9, 2026. EIN 41-3538131. Public-charity status under 509(a)(2). Available to any donor on request via email.
Financials & Transparency
The numbers, line by line.
A 501(c)(3) public charity is required by law to make its Form 1023 application and annual Form 990 returns publicly available. We go further: we publish the full Year-1 budget, the Sarepta agreement terms, the governance roster, and our audit and review timeline, all on this page.
Year 1 Budget · 2026
Where every $43,670 goes.
Year 1 funds thirty children across all four pillars, plus daily English instruction from the first day of school and a 10% contingency reserve. We carry no paid staff and no office, and the founders pay their own travel. Figures below are the planning budget for a full thirty-child cohort; they will be restated against actual enrolment after the January 2027 intake closes.
| Line Item | Amount |
|---|---|
| Direct child costs · 30 × $1,090 · tuition, uniform, books, meals, healthcare | $32,700 |
| English instruction · daily instruction from Year 1, instructor time, curriculum, assessment tools | $6,000 |
| Travel & in-country oversight · founder site visits, paid personally by the founders | $0 |
| Operating costs · software, payment processing, banking | $1,000 |
| Contingency reserve · 10% of program and operating cost | $3,970 |
| Total Year-1 Budget | $43,670 |
Per-child math: $1,090 direct cost · $1,456 fully-loaded ($43,670 ÷ 30 children) · $1,500 sponsorship. One sponsorship covers one child completely, with a small margin held in reserve. Meals are budgeted at $2.50 per school day, not at a calendar-month estimate, and Year 1 funds daily English instruction from the first day of school rather than deferring it to Year 2.
Funding Status · Updated September 2026
Fifteen seats funded. Fifteen open.
The cohort opened September 7, 2026 with the children whose seats are sponsored. Sponsorships collected to date cover fifteen of the thirty pilot-cohort seats, and all fifteen were paid to the schools in cash, in person. The remaining fifteen seats are filled as they are sponsored, with a second intake in January 2027. A sixteenth child was enrolled in September from funds on hand rather than against a sponsored seat, after her school reported unpaid arrears; that seat is still being raised and the advance is disclosed here rather than counted as a sponsorship.
Funded means the gift has been collected and the school has been paid. Detailed accounting will appear in the Year-1 audited financials in 2027.
Pilot cohort · 2026–27
15
of
30
Public Documents
What you can verify right now.
Doc 02
Form 1023: IRS Application
The original 501(c)(3) application filed with the IRS. By law, public charities must make their Form 1023 available to anyone who requests it. We provide a digital copy on request.
Doc 03
Texas Articles of Incorporation
The Foundation's incorporation documents filed with the Texas Secretary of State. Available digitally on request.
Doc 04
Sarepta Foundation MOU
The signed Memorandum of Understanding with Sarepta International Foundation, effective March 15, 2026. Available to qualified major donors on request.
Doc 05
Conflict-of-Interest Policy
Written board-approved policy covering family relationships and director disclosure. Reviewed annually.
Doc 06
Form 990 / 990-EZ
Annual IRS return. First filing due November 2027 (for fiscal year ending June 30, 2027). All historical 990s will be publicly available on this page and on the IRS Tax Exempt Organization Search.
Doc 07
Candid Profile & 2026 Silver Seal
Candid (formerly GuideStar) is the database most funders, donor-advised funds, and employer matching-gift portals check first. We hold the 2026 Silver Seal of Transparency, which requires published detail on every program we run. The link below opens our full profile: mission, leadership, board, programs, and IRS status. No login, and we do not control how Candid presents it.
Audit & Review Timeline
From self-filed returns to independent audit.
Small foundations are not required to undergo a full independent audit until annual revenue typically exceeds $500,000 (and even then, only in some states). We are committing to a higher standard from launch.
Year 1 · 2026
Self-Prepared Annual Return
Year-1 revenue falls below the threshold requiring a CPA engagement. The Executive Director prepares and files the annual return directly, and the full budget is published on this page. Cost to the Foundation: $0.
Year 3 · 2028
CPA Review-Level Engagement
Upgrade to a CPA review (limited assurance) once annual revenue exceeds $150,000. Reviewed financials published on this page each year.
Year 5 · 2030
Full Independent Audit
Upgrade to a full independent financial audit (reasonable assurance) at $500,000 annual revenue or by Year 5, whichever comes first. Audited financials published on this page within 90 days of issuance.
What We Don't Know
An honest risk paragraph.
Haiti's security and political situation is fragile. Cap-Haïtien is currently more stable than Port-au-Prince, but conditions can change. Our risk mitigations include: working through a 13-year established hospital partner (Sarepta), keeping the Foundation's US bank account separate from any Haiti banking, building a 10% contingency reserve into every year's budget, and committing not to make capital investments in country until at least Year 5 of demonstrated operational continuity.
We will not pretend Haiti is easy. We will tell donors the truth (quarterly, in plain language) about what is working and what is not. If a major disruption forces program changes, we will publish that and offer donors the option to restrict, redirect, or refund.
Questions?
If you don't see what you need, ask.
Randy answers donor emails personally, usually within a day. There is no major-gifts officer between you and the founders. That's by design at this stage.