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Nonprofiteer
← JASPER NEWTON FOUNDATION INC JASPER FOUNDATION INC

Form 990 for tax year 2023

Filed by JASPER NEWTON FOUNDATION INC JASPER FOUNDATION INC.

Totals

Total revenue
$1,630,702
Total expenses
$3,224,409
Contributions and grants received
$965,314
Grants paid
$2,800,779
Program service revenue
$3,803
Investment income
$648,503
Other revenue
$13,082
Total assets, end of year
$24,829,159
Total liabilities, end of year
$361,314
Net assets or fund balances, end of year
$24,467,845
Program services expenses (Part IX)
$2,939,716
Management and general expenses
$197,859
Fundraising expenses
$86,834
Program service expenses (Part III)
$2,939,716

Program services were 91.2% 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

    $965,314

  • 1g · Noncash contributions included above

    $1,967

  • 2a · Program service revenue: ADMINISTRATIVE FEES

    total $3,803 · excluded $3,803

  • 3 · Investment income

    total $761,680 · excluded $761,680

  • 6a · Gross rents

    real property $4,305

  • 6c · Rental income or loss

    real property $4,305

  • 6d · Net rental income or loss

    total $4,305 · excluded $4,305

  • 7a · Gross sales of assets other than inventory

    securities $4,394,946

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

    securities $4,508,123

  • 7c · Gain or loss

    securities -$113,177

  • 7d · Net gain or loss

    total -$113,177 · related or exempt -$113,177

  • 11a · Other revenue: OTHER INCOME

    total $8,777 · related or exempt $8,777

  • 11e · Other revenue, total

    $8,777

Functional expenses

Part IX, the statement of functional expenses.

  • 1 · Grants to domestic organizations and governments

    total $2,547,086 · program services $2,547,086

  • 2 · Grants to domestic individuals

    total $253,693 · program services $253,693

  • 5 · Compensation of officers, directors and key employees

    total $85,660 · program services $33,468 · management and general $35,935 · fundraising $16,257

  • 7 · Other salaries and wages

    total $95,706 · program services $36,873 · management and general $40,826 · fundraising $18,007

  • 9 · Other employee benefits

    total $5,912 · management and general $5,912

  • 10 · Payroll taxes

    total $13,874 · program services $5,381 · management and general $5,872 · fundraising $2,621

  • 11a · Fees: management

    total $3,807 · management and general $3,807

  • 11c · Fees: accounting

    total $18,727 · management and general $18,727

  • 11f · Fees: investment management

    total $51,093 · program services $51,093

  • 12 · Advertising and promotion

    total $49,949 · fundraising $49,949

  • 13 · Office expenses

    total $7,089 · management and general $7,089

  • 14 · Information technology

    total $21,595 · program services $3,000 · management and general $18,595

  • 16 · Occupancy

    total $15,712 · management and general $15,712

  • 17 · Travel

    total $9,102 · management and general $9,102

  • 22 · Depreciation, depletion and amortization

    total $19,644 · management and general $19,644

  • 23 · Insurance

    total $6,431 · management and general $6,431

  • 24a · Other expenses: COMMUNITY EDUCATION

    total $9,122 · program services $9,122

  • 24b · Other expenses: REPAIRS AND MAINTENANCE

    total $6,216 · management and general $6,216

  • 24c · Other expenses: DUES AND SUBSCRIPTIONS

    total $2,906 · management and general $2,906

  • 24d · Other expenses: MISCELLANEOUS

    total $1,085 · management and general $1,085

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $72,993 · end of year $176,790

  • 2 · Savings and temporary cash investments

    beginning of year $3,302,484 · end of year $1,423,378

  • 3 · Pledges and grants receivable

    beginning of year $950

  • 4 · Accounts receivable

    end of year $82,816

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

    $680,361

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

    $264,112

  • 10c · Land, buildings and equipment, net

    beginning of year $367,808 · end of year $416,249

  • 11 · Investments: publicly traded securities

    beginning of year $20,585,063 · end of year $22,616,300

  • 15 · Other assets

    beginning of year $161,230 · end of year $113,626

  • 17 · Accounts payable and accrued expenses

    beginning of year $5,357 · end of year $4,967

  • 18 · Grants payable

    beginning of year $55,896 · end of year $23,768

  • 25 · Other liabilities

    beginning of year $912,942 · end of year $332,579

  • 27 · Net assets without donor restrictions

    beginning of year $2,694,924 · end of year $2,681,185

  • 28 · Net assets with donor restrictions

    beginning of year $20,821,409 · end of year $21,786,660

Mission and programs · 2023

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 $2,939,716 · Grants $2,800,779 · Revenue $3,803

As filed on the 2023 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

  • Matt Walsh

    SECRETARY

    Total calculated
    $0
    Hours/week
    1

  • Alan Washburn

    EX-OFFICIO

    Total calculated
    $0
    Hours/week
    1

  • Alysha Styck

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • Lana Zimmer

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • Brienne Hooker

    EXECUTIVE DI

    Total calculated
    $88,060
    From this org
    $85,660
    From related orgs
    $0
    Other
    $2,400
    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
2023
Filed
11 November 2024
IRS schema version
2023v5.0
Source object
202433169349300243

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

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