Skip to content
Nonprofiteer
← JOY IN CHILDHOOD FOUNDATION INC

Form 990 for tax year 2023

Filed by JOY IN CHILDHOOD FOUNDATION INC.

Totals

Total revenue
$14,498,401
Total expenses
$12,547,927
Contributions and grants received
$15,254,966
Grants paid
$9,542,004
Program service revenue
$0
Investment income
$249,283
Other revenue
-$1,005,848
Total assets, end of year
$9,073,357
Total liabilities, end of year
$2,360,461
Net assets or fund balances, end of year
$6,712,896
Program services expenses (Part IX)
$9,883,449
Management and general expenses
$568,791
Fundraising expenses
$2,095,687
Program service expenses (Part III)
$9,883,449

Program services were 78.8% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.

Line items

Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.

Revenue

Part VIII, the statement of revenue.

  • 1c · Fundraising events

    $4,041,432

  • 1f · All other contributions, gifts and grants

    $11,213,534

  • 1g · Noncash contributions included above

    $79,144

  • 3 · Investment income

    total $249,283 · excluded $249,283

  • 8a · Fundraising events: gross income

    $454,800

  • 8a · Fundraising events: contributions included on line 1c

    $4,041,432

  • 8b · Fundraising events: direct expenses

    $1,486,328

  • 8c · Net income from fundraising events

    total -$1,031,528 · excluded -$1,031,528

  • 9a · Gaming: gross income

    $25,680

  • 9b · Gaming: direct expenses

    $0

  • 9c · Net income from gaming

    total $25,680 · excluded $25,680

Functional expenses

Part IX, the statement of functional expenses.

  • 1 · Grants to domestic organizations and governments

    total $9,542,004 · program services $9,542,004

  • 11a · Fees: management

    total $119,926 · management and general $119,926

  • 11b · Fees: legal

    total $18,265 · management and general $18,265

  • 11c · Fees: accounting

    total $24,750 · management and general $24,750

  • 11g · Fees: other

    total $789,181 · program services $308,905 · management and general $73,096 · fundraising $407,180

  • 12 · Advertising and promotion

    total $182,040 · program services $5,605 · management and general $163,908 · fundraising $12,527

  • 13 · Office expenses

    total $235,003 · management and general $50,985 · fundraising $184,018

  • 14 · Information technology

    total $93,199 · program services $21,699 · management and general $58,535 · fundraising $12,965

  • 17 · Travel

    total $40,061 · management and general $22,727 · fundraising $17,334

  • 19 · Conferences, conventions and meetings

    total $36,826 · management and general $2,590 · fundraising $34,236

  • 23 · Insurance

    total $14,655 · management and general $14,655

  • 24a · Other expenses: Branded merchandise

    total $1,419,756 · program services $5,236 · management and general $19,354 · fundraising $1,395,166

  • 24b · Other expenses: Award stewarship

    total $32,261 · fundraising $32,261

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $2,176,547 · end of year $1,527,443

  • 2 · Savings and temporary cash investments

    beginning of year $741,738 · end of year $2,822,646

  • 3 · Pledges and grants receivable

    beginning of year $3,397,027 · end of year $4,630,422

  • 9 · Prepaid expenses and deferred charges

    beginning of year $85,263 · end of year $92,846

  • 10a · Land, buildings and equipment: cost or other basis

    $251,925

  • 10b · Land, buildings and equipment: accumulated depreciation

    $251,925

  • 10c · Land, buildings and equipment, net

    beginning of year $0 · end of year $0

  • 17 · Accounts payable and accrued expenses

    beginning of year $240,371 · end of year $377,846

  • 18 · Grants payable

    beginning of year $1,347,147 · end of year $1,972,015

  • 19 · Deferred revenue

    beginning of year $41,000 · end of year $10,600

  • 27 · Net assets without donor restrictions

    beginning of year $4,227,057 · end of year $6,276,896

  • 28 · Net assets with donor restrictions

    beginning of year $545,000 · end of year $436,000

Mission and programs · 2023

Mission

The Foundation is established to bring together a wide network of stakeholders, including Dunkin and Baskin-Robbins franchisees, suppliers, crew members, and employees, to engage in fundraising and grant making to charitable organizations that provide joy to sick and hungry kids. The Foundation is also established to more generally support those who serve in their communities in an effort to improve community strength and capacity.

Activities or mission (Part I)

To provide grants to charitable organizations that provide joy to sick and hungry kids.

  • Charitable grantmaking to ensure the basic needs of communities through hunger relief and children's health.

    Expenses $9,883,449 · Grants $9,542,004

As filed on the 2023 return. The filer continues this part on Schedule O, which is not shown here.

Listed in Part VII

  • Suzanne Andrade

    Director

    Total calculated
    $0
    Hours/week
    1

  • David Baumgartner

    Director

    Total calculated
    $0
    Hours/week
    1

  • Ashley Coneff

    Director

    Total calculated
    $0
    Hours/week
    1

  • Kelly Fish

    Director

    Total calculated
    $0
    Hours/week
    1

  • Jerid Grandinetti

    Director

    Total calculated
    $0
    Hours/week
    1

  • Wendy Leveillee

    Director

    Total calculated
    $0
    Hours/week
    1

  • Daniel Novick

    Director

    Total calculated
    $0
    Hours/week
    1

  • Dwar Patel

    Director

    Total calculated
    $0
    Hours/week
    1

  • Kajal Patel

    Director

    Total calculated
    $0
    Hours/week
    1

  • Parth Patel

    Director

    Total calculated
    $0
    Hours/week
    1

  • Raj Patel

    Director

    Total calculated
    $0
    Hours/week
    1

  • Molly Mills

    Director

    Total calculated
    $0
    Hours/week
    1

  • Karen Raskopf

    Director

    Total calculated
    $0
    Hours/week
    1

  • April McGonnigal

    Executive Director (end 11/2023)

    Total calculated
    $0
    Hours/week
    25

  • Victor Carvalho

    Chair

    Total calculated
    $0
    Hours/week
    5

  • Kristen Fitzpatrick

    Treasurer

    Total calculated
    $0
    Hours/week
    5

  • Parag Patel

    Clerk

    Total calculated
    $0
    Hours/week
    5

Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those.

Grants on this return

The 10 largest by cash amount. The API serves every itemized grant.

Provenance

Return type
form_990
Tax year
2023
Filed
29 July 2024
IRS schema version
2023v5.1
Source object
202432149349301418

Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.

The source document this was parsed from is served over the API, which is where bulk and document access live.