Skip to content
Nonprofiteer
← AVJ FOUNDATION

Form 990 for tax year 2024

Filed by AVJ FOUNDATION.

Totals

Total revenue
$5,517
Total expenses
$69,512
Contributions and grants received
$100
Grants paid
$64,000
Program service revenue
$0
Investment income
$5,417
Other revenue
$0
Total assets, end of year
$110,265
Total liabilities, end of year
$0
Net assets or fund balances, end of year
$110,265
Program services expenses (Part IX)
$64,000
Management and general expenses
$5,512
Fundraising expenses
$0
Program service expenses (Part III)
$64,000

Program services were 92.1% 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.

  • 1f · All other contributions, gifts and grants

    $100

  • 3 · Investment income

    total $5,245 · excluded $5,245

  • 7a · Gross sales of assets other than inventory

    securities $172

  • 7b · Less cost or other basis and sales expenses

    securities $0

  • 7c · Gain or loss

    securities $172

  • 7d · Net gain or loss

    total $172 · excluded $172

Functional expenses

Part IX, the statement of functional expenses.

  • 1 · Grants to domestic organizations and governments

    total $64,000 · program services $64,000

  • 11c · Fees: accounting

    total $4,200 · management and general $4,200

  • 11f · Fees: investment management

    total $1,272 · management and general $1,272

  • 13 · Office expenses

    total $40 · management and general $40

Balance sheet

Part X, book values.

  • 2 · Savings and temporary cash investments

    beginning of year $16,855

  • 11 · Investments: publicly traded securities

    beginning of year $103,121 · end of year $110,265

  • 12 · Investments: other securities

    beginning of year $44,458

  • 27 · Net assets without donor restrictions

    beginning of year $164,434 · end of year $110,265

Mission and programs · 2024

Mission

THE ORGANIZATION'S EXCLUSIVE PURPOSE IS TO OPERATE AS A SUPPORTING ORGANIZATION FOR THE BENEFIT AND SUPPORT OF THE COMMUNITY FOUNDATION OF ABILENE, A TEXAS NON-PROFIT CORPORATION DESCRIBED IN SECTIONS 501(C)(3) AND 509(A)(1) OF THE CODE.

  • THE ORGANIZATION SERVES AS A SUPPORTING ORGANIZATION BENEFITTING THE COMMUNITY FOUNDATION OF ABILENE, AN ORGANIZATION THAT SERVES WEST CENTRAL TEXAS COMMUNITIES.

    Expenses $64,000 · Grants $64,000

As filed on the 2024 return.

Listed in Part VII

  • Patti Jones

    PRESIDENT

    Total calculated
    $0
    Hours/week
    0.5

  • Kc Jones

    VICE-PRESIDENT

    Total calculated
    $0
    Hours/week
    0.5

  • Katie Alford

    SECRETARY

    Total calculated
    $277,200
    From this org
    $0
    From related orgs
    $262,500
    Other
    $14,700
    Hours/week
    0.5

    Schedule J breakdown matched by us

    Base
    $0 + $262,500 related
    Bonus
    $0
    Other
    $0
    Deferred
    $0 + $14,700 related
    Nontaxable benefits
    $0
    Filer's total
    $0 + $277,200 related

  • Jason Hall

    TRUSTEE

    Total calculated
    $0
    Hours/week
    0.5

  • Carolyn Beckham

    TRUSTEE

    Total calculated
    $0
    Hours/week
    0.5

  • Sam Vinson

    TRUSTEE

    Total calculated
    $0
    Hours/week
    0.5

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. A Schedule J breakdown is as filed: base pay, bonus, other, deferred compensation and nontaxable benefits from this organization, with any from related organizations beside each, and the filer's own total. It is shown with the Part VII listing of the same name on the same return. The form gives no key between the two, so that pairing is ours, and is marked matched by us.

Schedule J

Answered yes

None.

Answered no

  • 4a · Severance or change-of-control payment
  • 4b · Supplemental nonqualified retirement plan
  • 4c · Equity-based compensation arrangement
  • 5a · Pay contingent on this organization's revenues
  • 5b · Pay contingent on a related organization's revenues
  • 6a · Pay contingent on this organization's net earnings
  • 6b · Pay contingent on a related organization's net earnings
  • 7 · Other non-fixed payments
  • 8 · Paid under the initial-contract exception

The filer's explanations (Part III)

PART I, LINE 3
KATIE ALFORD IS COMPENSATED BY A RELATED ORGANIZATION AND THE FOLLOWING METHODS ARE USED TO ESTABLISH HER COMPENSATION: -COMPENSATION COMMITTEE -FORM 990 OF OTHER ORGANIZATIONS -COMPENSATION SURVEY OR STUDY -APPROVAL BY THE OR COMPENSATION COMMITTEE

Part I's answers as filed. A line not listed was left unanswered; on lines 1a and 3 that means the box was not checked.

Grants on this return

Related organizations on this return

Schedule R Part II: tax-exempt organizations related to the filer by control. It does not record shared board members or money.

Provenance

Return type
form_990
Tax year
2024
Filed
29 April 2026
IRS schema version
2024v5.5
Source object
202601209349301830

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.