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Nonprofiteer
← JASPER NEWTON FOUNDATION INC JASPER FOUNDATION INC

Form 990 for tax year 2022

Filed by JASPER NEWTON FOUNDATION INC JASPER FOUNDATION INC.

Totals

Total revenue
$2,553,897
Total expenses
$1,840,283
Contributions and grants received
$1,160,040
Grants paid
$1,342,776
Program service revenue
$4,537
Investment income
$1,372,701
Other revenue
$16,619
Total assets, end of year
$24,490,528
Total liabilities, end of year
$974,195
Net assets or fund balances, end of year
$23,516,333
Program services expenses (Part IX)
$1,479,278
Management and general expenses
$288,829
Fundraising expenses
$72,176
Program service expenses (Part III)
$1,479,278

Program services were 80.4% 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

    $1,160,040

  • 1g · Noncash contributions included above

    $100,123

  • 2a · Program service revenue: ADMINISTRATIVE FEES

    total $4,537 · excluded $4,537

  • 3 · Investment income

    total $900,574 · excluded $900,574

  • 6a · Gross rents

    real property $4,050

  • 6c · Rental income or loss

    real property $4,050

  • 6d · Net rental income or loss

    total $4,050 · excluded $4,050

  • 7a · Gross sales of assets other than inventory

    securities $6,068,274

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

    securities $5,596,147

  • 7c · Gain or loss

    securities $472,127

  • 7d · Net gain or loss

    total $472,127 · excluded $472,127

  • 11a · Other revenue: OTHER INCOME

    total $12,569 · related or exempt $12,569

  • 11e · Other revenue, total

    $12,569

Functional expenses

Part IX, the statement of functional expenses.

  • 1 · Grants to domestic organizations and governments

    total $951,613 · program services $951,613

  • 2 · Grants to domestic individuals

    total $391,163 · program services $391,163

  • 5 · Compensation of officers, directors and key employees

    total $82,750 · program services $32,487 · management and general $34,992 · fundraising $15,271

  • 7 · Other salaries and wages

    total $96,612 · program services $37,929 · management and general $40,854 · fundraising $17,829

  • 9 · Other employee benefits

    total $4,241 · management and general $4,241

  • 10 · Payroll taxes

    total $13,721 · program services $5,387 · management and general $5,802 · fundraising $2,532

  • 11a · Fees: management

    total $4,534 · management and general $4,534

  • 11b · Fees: legal

    total $113,171 · management and general $113,171

  • 11c · Fees: accounting

    total $4,694 · management and general $4,694

  • 11f · Fees: investment management

    total $43,596 · program services $43,596

  • 12 · Advertising and promotion

    total $34,276 · fundraising $34,276

  • 13 · Office expenses

    total $5,727 · management and general $5,727

  • 14 · Information technology

    total $19,217 · program services $3,000 · management and general $16,217

  • 16 · Occupancy

    total $13,944 · management and general $13,944

  • 17 · Travel

    total $11,057 · management and general $8,789 · fundraising $2,268

  • 22 · Depreciation, depletion and amortization

    total $18,165 · management and general $18,165

  • 23 · Insurance

    total $5,934 · management and general $5,934

  • 24a · Other expenses: COMMUNITY EDUCATION

    total $14,103 · program services $14,103

  • 24b · Other expenses: REPAIRS AND MAINTENANCE

    total $5,918 · management and general $5,918

  • 24c · Other expenses: DUES AND SUBSCRIPTIONS

    total $4,135 · management and general $4,135

  • 24d · Other expenses: MISCELLANEOUS

    total $1,712 · management and general $1,712

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $144,299 · end of year $72,993

  • 2 · Savings and temporary cash investments

    beginning of year $4,441,648 · end of year $3,302,484

  • 3 · Pledges and grants receivable

    beginning of year $125,350 · end of year $950

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

    $612,277

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

    $244,469

  • 10c · Land, buildings and equipment, net

    beginning of year $341,651 · end of year $367,808

  • 11 · Investments: publicly traded securities

    beginning of year $22,577,773 · end of year $20,585,063

  • 15 · Other assets

    beginning of year $173,240 · end of year $161,230

  • 17 · Accounts payable and accrued expenses

    beginning of year $9,008 · end of year $5,357

  • 18 · Grants payable

    beginning of year $34,889 · end of year $55,896

  • 25 · Other liabilities

    beginning of year $974,571 · end of year $912,942

  • 27 · Net assets without donor restrictions

    beginning of year $2,971,445 · end of year $2,694,924

  • 28 · Net assets with donor restrictions

    beginning of year $23,814,048 · end of year $20,821,409

Mission and programs · 2022

Mission

TO ASSIST DONORS IN CREATING A SOURCE OF ASSETS TO MEET THE ONGOING AND CHANGING NEEDS AND INTERESTS OF THE PEOPLE OF ALL OF OUR JASPER AND NEWTON COUNTY COMMUNITIES.

  • SOLICITING, RECEIVING, MANAGING, AND DISTRIBUTING GIFTS TO MEET THE NEEDS OF JASPER AND NEWTON COUNTY CITIZENS AND ORGANIZATIONS.

    Expenses $1,479,278 · Grants $1,342,776 · Revenue $4,537

As filed on the 2022 return.

Listed in Part VII

  • Patty Stringfellow

    CHAIR

    Total calculated
    $0
    Hours/week
    1

  • Candace Armstrong

    VICE CHAIR

    Total calculated
    $0
    Hours/week
    1

  • Dave Schrum

    CORP TREASUR

    Total calculated
    $0
    Hours/week
    1

  • Sara Deyoung

    SECRETARY

    Total calculated
    $0
    Hours/week
    1

  • Bethany Busboom

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • Lana Zimmer

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • Brienne Hooker

    EXECUTIVE DI

    Total calculated
    $82,750
    From this org
    $82,750
    From related orgs
    $0
    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

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

Provenance

Return type
form_990
Tax year
2022
Filed
6 November 2023
IRS schema version
2022v5.0
Source object
202313199349314971

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

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