Skip to content
Nonprofiteer
← JOLT INITIATIVE

Form 990 for tax year 2022

Filed by JOLT INITIATIVE.

Totals

Total revenue
$2,699,961
Total expenses
$2,075,396
Contributions and grants received
$2,698,084
Grants paid
$492,866
Program service revenue
$0
Investment income
$1,877
Other revenue
$0
Total assets, end of year
$2,941,287
Total liabilities, end of year
$128,504
Net assets or fund balances, end of year
$2,812,783
Program services expenses (Part IX)
$1,822,189
Management and general expenses
$144,011
Fundraising expenses
$109,197
Program service expenses (Part III)
$1,822,189

Program services were 87.8% 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.

  • 1a · Federated campaigns

    $2,698,084

  • 3 · Investment income

    total $1,877 · excluded $1,877

  • 6c · Rental income or loss

    real property $0 · personal property $0

  • 6d · Net rental income or loss

    total $0

  • 7c · Gain or loss

    securities $0 · other assets $0

  • 7d · Net gain or loss

    total $0

  • 8c · Net income from fundraising events

    total $0

  • 9c · Net income from gaming

    total $0

  • 10c · Net income from sales of inventory

    total $0

  • 11e · Other revenue, total

    $0

Functional expenses

Part IX, the statement of functional expenses.

  • 1 · Grants to domestic organizations and governments

    total $492,866 · program services $492,866

  • 5 · Compensation of officers, directors and key employees

    total $128,607 · program services $108,030 · management and general $11,703 · fundraising $8,874

  • 7 · Other salaries and wages

    total $851,776 · program services $715,492 · management and general $77,512 · fundraising $58,773

  • 9 · Other employee benefits

    total $155,966 · program services $131,011 · management and general $14,193 · fundraising $10,762

  • 11b · Fees: legal

    total $8,625 · program services $7,245 · management and general $785 · fundraising $595

  • 11c · Fees: accounting

    total $24,206 · program services $20,333 · management and general $2,203 · fundraising $1,670

  • 11g · Fees: other

    total $104,823 · program services $88,051 · management and general $9,539 · fundraising $7,233

  • 13 · Office expenses

    total $140,691 · program services $118,180 · management and general $12,803 · fundraising $9,708

  • 16 · Occupancy

    total $73,455 · program services $61,702 · management and general $6,684 · fundraising $5,068

  • 17 · Travel

    total $24,909 · program services $20,924 · management and general $2,267 · fundraising $1,719

  • 19 · Conferences, conventions and meetings

    total $21,125 · program services $17,745 · management and general $1,922 · fundraising $1,458

  • 22 · Depreciation, depletion and amortization

    total $0

  • 23 · Insurance

    total $20,647 · program services $17,343 · management and general $1,879 · fundraising $1,425

  • 24e · All other expenses

    total $27,700 · program services $23,267 · management and general $2,521 · fundraising $1,912

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $2,088,980 · end of year $1,248,177

  • 2 · Savings and temporary cash investments

    end of year $1,252,065

  • 3 · Pledges and grants receivable

    beginning of year $216,918

  • 4 · Accounts receivable

    end of year $433,545

  • 9 · Prepaid expenses and deferred charges

    end of year $3,000

  • 10c · Land, buildings and equipment, net

    beginning of year $0 · end of year $0

  • 15 · Other assets

    beginning of year $4,500 · end of year $4,500

  • 17 · Accounts payable and accrued expenses

    end of year $128,504

  • 25 · Other liabilities

    beginning of year $25,758

  • 27 · Net assets without donor restrictions

    beginning of year $1,787,259 · end of year $2,457,783

Mission and programs · 2022

Mission

JoltInitiativeisanon-profitorganizationthatincreasesthecivicparticipationofLatinosinTexastobuildastrongerdemocracyandensurethateveryone'svoiceisheard.

Activities or mission (Part I)

Jolt Initiative is a non-profit organization that increases the civic participation of Latinos in Texas to build a stronger democracy and ensure that everyone's voice is heard.

  • ORGANIZING- THE ORGANIZING PROGRAM BUILDS THE CAPACITY OF GRASSROOTS LEADERS, WHO ARE MAJORITY YOUNG AND FEMALE, TO DRIVE POLICY CHANGE IN THEIR COMMUNITIES AND MOBILIZE OTHERS TO ACTION. TO THAT END, JOLT INITIATIVE SUPPORTS ITS MEMBERS TO EXERCISE POWER THROUGH FOUR PROGRAMMATIC AREAS- ARTS AND CULTURE, NON-PARTISAN VOTER REGISTRATION, LEADERSHIP DEVELOPMENT, AND STUDENT AND COMMUNITY ORGANIZING. ISSUE ADVOCACY SUCH AS CLIMATE - BRINGS YOUNG PEOPLE OF COLOR TOGETHER IN THE NATION'S SECOND LARGEST ECONOMY TO PUSH TEXAS' MAJOR METRO AREAS AND UNIVERSITIES TO ADOPT GREEN ENERGY GOALS IN ALIGNMENT WITH THE ORIGINAL PARIS CLIMATE COMMITMENTS FOR THE UNITED STATES.

    Expenses $1,129,757

  • Expenses $400,882

  • Expenses $291,550

As filed on the 2022 return.

Listed in Part VII

  • Ricky Rangel

    Chair

    Total calculated
    $0
    Hours/week
    1

  • Martha Pincoffs

    Vice Chair

    Total calculated
    $0
    Hours/week
    1

  • Madge Vasquez

    Treasurer

    Total calculated
    $0
    Hours/week
    1

  • Wayne Krause-Yang

    Member

    Total calculated
    $0
    Hours/week
    1

  • Candance Valenzuela

    Member

    Total calculated
    $0
    Hours/week
    1

  • Anthony Elmo

    Member

    Total calculated
    $0
    Hours/week
    1

  • Carrie Rodriguez

    Member

    Total calculated
    $0
    Hours/week
    1

  • Cynthia Martinez

    Member

    Total calculated
    $0
    Hours/week
    1

  • Juana Veliz

    Member

    Total calculated
    $0
    Hours/week
    1

  • Gloria Gonzalez-Dholakia

    Executive Director

    Total calculated
    $75,058
    From this org
    $0
    From related orgs
    $75,058
    Other
    $0
    Hours/week
    40

  • Diana Maldonado

    Interim Executive Director

    Total calculated
    $53,548
    From this org
    $0
    From related orgs
    $53,548
    Other
    $0
    Hours/week
    40

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

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.

  • JOLT ACTION

    501(C)4 · Political power and influence of Latinos in our Democracy · TX

Provenance

Return type
form_990
Tax year
2022
Filed
15 November 2023
IRS schema version
2022v5.0
Source object
202343199349320519

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.