Form 990 for tax year 2023

Revenue

Part VIII, the statement of revenue.

• 1f · All other contributions, gifts and grants

  $100

• 2a · Program service revenue: IN-HOME CARE REVENUE

  total $11,822,926 · related or exempt $11,822,926

• 3 · Investment income

  total $68,130 · excluded $68,130

Functional expenses

Part IX, the statement of functional expenses.

• 1 · Grants to domestic organizations and governments

  total $1,250,000 · program services $1,250,000

• 5 · Compensation of officers, directors and key employees

  total $571,099 · program services $528,268 · management and general $42,831

• 7 · Other salaries and wages

  total $6,919,010 · program services $6,400,167 · management and general $518,843

• 8 · Pension plan contributions

  total $41,409 · program services $38,290 · management and general $3,119

• 9 · Other employee benefits

  total $618,670 · program services $572,889 · management and general $45,781

• 10 · Payroll taxes

  total $635,960 · program services $588,053 · management and general $47,907

• 11b · Fees: legal

  total $29,250 · management and general $29,250

• 11g · Fees: other

  total $321,510 · program services $277,171 · management and general $44,339

• 12 · Advertising and promotion

  total $304,726 · program services $296,259 · management and general $8,467

• 13 · Office expenses

  total $194,900 · program services $136,577 · management and general $58,323

• 14 · Information technology

  total $88,082 · program services $81,767 · management and general $6,315

• 16 · Occupancy

  total $170,972 · program services $133,479 · management and general $37,493

• 17 · Travel

  total $69,728 · program services $67,396 · management and general $2,332

• 19 · Conferences, conventions and meetings

  total $39,313 · program services $37,998 · management and general $1,315

• 20 · Interest

  total $351 · program services $151 · management and general $200

• 22 · Depreciation, depletion and amortization

  total $4,307 · program services $4,307

• 24a · Other expenses: EQUIP. & REPAIR

  total $19,092 · management and general $19,092

• 24b · Other expenses: DUES & SUBSCRIPTIONS

  total $11,378 · program services $11,378

• 24c · Other expenses: TAXES, LICENSES & PERMI

  total $9,026 · program services $8,316 · management and general $710

Balance sheet

Part X, book values.

• 1 · Cash, non-interest-bearing

  beginning of year $467,651 · end of year $534,113

• 3 · Pledges and grants receivable

  beginning of year $816,827 · end of year $959,249

• 4 · Accounts receivable

  beginning of year $327,760 · end of year $421,294

• 9 · Prepaid expenses and deferred charges

  beginning of year $54,315 · end of year $11,617

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

  $40,922

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

  $10,333

• 10c · Land, buildings and equipment, net

  beginning of year $9,998 · end of year $30,589

• 14 · Intangible assets

  beginning of year $600,693 · end of year $1,112,199

• 15 · Other assets

  beginning of year $6,650,471 · end of year $7,009,618

• 17 · Accounts payable and accrued expenses

  beginning of year $408,445 · end of year $433,732

• 25 · Other liabilities

  beginning of year $610,844 · end of year $1,148,441

• 27 · Net assets without donor restrictions

  beginning of year $7,908,426 · end of year $8,496,506

The filer's explanations (Part III)

PART I, LINE 7

THE JFSLA BOARD HAS DESIGNATED AN EXECUTIVE COMPENSATION COMMITTEE WHICH IS CHARGED WITH APPROVING ANY BONUSES FOR EXECUTIVE STAFF. THE CEO OF JFS CARE, SHALL BE ENTITLED TO THE AFOREMENTIONED BASE SALARY PLUS TWO OPPORTUNITIES FOR INCENTIVE BONUS. FIRST, BONUS IS PROVIDED AT 5% OF BASE SALARY WHEN THE ACTUAL NET INCOME EQUALS AT LEAST 106% OF THE BUDGET NET INCOME IN EACH FISCAL YEAR. SECOND, CEO ADDITIONAL INCENTIVE BONUS IS AN ADDITIONAL BONUS BASED OFF OF A CALCULATED PERCENTAGE OF 12.5% FOR THE FISCAL YEAR ACTUAL NET INCOME AND ADJUSTED FOR ALL OTHER JFS CARE BONUSES PAYABLE MINUS THE BASELINE NET INCOME WHICH IS EQUAL TO $400,000.

FORM 990, SCH J, OFFICERS COMPENSATION

COMPENSATION FOR ELI VEITZER, AARON LEON, AND CATHERINE SCHNEIDER IS DETERMINED BY THE RELATED ORGANIZATION, JFSLA. JFSLA HAS AN EXECUTIVE COMPENSATION COMMITTEE THAT MEETS ONCE A YEAR TO REVIEW THE SALARIES OF THE CEO, EXECUTIVE VICE PRESIDENT, AND CFO. TO REACH A DECISION, THE COMMITTEE REVIEWS CURRENT MARKET TRENDS, THE AGENCY'S SITUATION, AND THE EXECUTIVE'S PERFORMANCE INDEPENDENTLY, WITHOUT THE PARTICIPATION OF INTERESTED PARTIES. THE BOARD IS INFORMED OF THE ENTIRE PROCESS OF THE COMPENSATION REVIEW AND APPROVAL.