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Nonprofiteer
← JD SHETH FOUNDATION INC

Form 990 for tax year 2023

Filed by JD SHETH FOUNDATION INC.

Totals

Total revenue
$961,084
Total expenses
$339,336
Contributions and grants received
$795,709
Grants paid
$77,304
Program service revenue
$175,704
Investment income
$0
Other revenue
-$10,329
Total assets, end of year
$817,883
Total liabilities, end of year
$0
Net assets or fund balances, end of year
$817,883
Program services expenses (Part IX)
$316,622
Management and general expenses
$22,714
Fundraising expenses
$0
Program service expenses (Part III)
$316,622

Program services were 93.3% 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.

  • 1c · Fundraising events

    $84,244

  • 1e · Government grants (contributions)

    $630,000

  • 1f · All other contributions, gifts and grants

    $81,465

  • 1g · Noncash contributions included above

    $55,370

  • 2a · Program service revenue: HOME OF THE BRAVE

    total $175,704 · related or exempt $175,704

  • 8a · Fundraising events: gross income

    $0

  • 8a · Fundraising events: contributions included on line 1c

    $84,244

  • 8b · Fundraising events: direct expenses

    $10,329

  • 8c · Net income from fundraising events

    total -$10,329 · excluded -$10,329

Functional expenses

Part IX, the statement of functional expenses.

  • 1 · Grants to domestic organizations and governments

    total $77,304 · program services $77,304

  • 12 · Advertising and promotion

    total $5,620 · management and general $5,620

  • 13 · Office expenses

    total $8,772 · management and general $8,772

  • 14 · Information technology

    total $2,096 · management and general $2,096

  • 24a · Other expenses: HOME OF THE BRAVE CONST

    total $239,318 · program services $239,318

  • 24b · Other expenses: RENT AND UTILITIES EXPE

    total $4,390 · management and general $4,390

  • 24c · Other expenses: INSURANCE

    total $1,836 · management and general $1,836

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $196,135 · end of year $806,500

  • 4 · Accounts receivable

    end of year $11,383

  • 29 · Capital stock, trust principal or current funds

    beginning of year $0 · end of year $0

  • 30 · Paid-in or capital surplus, or land, building or equipment fund

    beginning of year $0 · end of year $0

  • 31 · Retained earnings, endowment or other funds

    beginning of year $196,135 · end of year $817,883

Mission and programs · 2023

Mission

THE JD SHETH FOUNDATION IS A PROJECT TO PROJECT BASED ORGANIZATION FOCUSING ON THE EDUCATION, HEALTH, AND WELL BEING OF OTHERS, SPECIFICALLY CHILDREN AND THE ELDERLY, HERE IN THE UNITED STATES AND ACROSS THE GLOBE.

  • JD SHETH FOUNDATION'S HOME OF THE BRAVE PROJECT:JD SHETH FOUNDATION COMPLETED OUR HOME OF THE BRAVE HOUSING INITIATIVE IN SPRING 2023. THIS INITIATIVE PROVIDED HOMEOWNERSHIP OPPORTUNITIES FOR HONORABLY DISCHARGED VETERANS, WITH THE PRIORITY GOING TO DISABLED FEMALE VETERANS. THE PROJECT STARTED IN SEPT 2022 AND THREE HOMES WERE BUILT IN THE JACOBSVILLE NEIGHBORHOOD OF EVANSVILLE, IN.

    Expenses $239,318 · Revenue $175,704

  • IMANI MILELE CHILDRENIN JANUARY 2023, JD SHETH FOUNDATION DONATED TOWARDS THE CONSTRUCTION OF A NEW BATHROOM FOR IMANI MILELE CHILDREN. THE NEW BOYS' BATHROOM WAS CONSTRUCTED AT THEIR TROAS PRIMARY SCHOOL IN JINJA, UGANDA. IMANI MILELE CHILDREN IS A US-BASED NONPROFIT DEDICATED TO IMPROVING THE LIVES OF ORPHANED AND VULNERABLE CHILDREN IN UGANDA.

    Expenses $23,472 · Grants $23,472

  • AMANI PARTNERS KENYAIN JUNE 2023, JD SHETH FOUNDATION PARTNERED WITH AMANI PARTNERS KENYA TO BUILD A KITCHEN AND DINING HALL FOR THEIR GREEN HILL ACADEMY SCHOOL IN EKERENYO, KENYA. JD SHETH ALSO FUNDED A NEW, EFFICIENT WOOD BURNING STOVE FOR THE KITCHEN, A SOLAR-POWERED WATER HEATER, AND A WATER FILTRATION SYSTEM. AMANI PARTNERS KENYA IS A US-BASED NONPROFIT THAT FOCUSES ON IMPROVING EDUCATION AND HEALTH CARE IN SOUTHWESTERN KENYA.

    Expenses $12,855 · Grants $12,855

  • OTHER MISC GRANTS GIVEN IN 2023. DETAILS ARE LISTED ON SCHEDULE I.

    Expenses $40,977 · Grants $40,977

As filed on the 2023 return. The filer continues this part on Schedule O, which is not shown here.

Listed in Part VII

  • Rachel Nickens

    CHAIRMAN

    Total calculated
    $0
    Hours/week
    0.75
  • David Parker

    EVENT COORDINATOR

    Total calculated
    $0
    Hours/week
    0.82
  • Jeff Duncan

    CHAIRMAN

    Total calculated
    $0
    Hours/week
    0.93
  • Lisa Stinson-Smith

    FUNDRAISER

    Total calculated
    $0
    Hours/week
    0.5
  • Karese Johnson

    GRANT MANAGER

    Total calculated
    $0
    Hours/week
    1.1
  • Katie Ritter

    EVENT COORDINATOR

    Total calculated
    $0
    Hours/week
    0.26
  • Jaimie Sheth

    PRESIDENT

    Total calculated
    $0
    Hours/week
    40
  • Shawnetta Compton

    SECRETARY

    Total calculated
    $0
    Hours/week
    0.9
  • Kelly Sanders

    TREASURER

    Total calculated
    $0
    Hours/week
    14

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

  • IMANI MILELE CHILDREN

    $23,472

    IN JANUARY 2023, JD SHETH FOUNDATION DONATED TOWARDS THE CONSTRUCTION OF A NEW BATHROOM FOR IMANI MILELE CHILDREN. THE NEW BOYS' BATHROOM WAS CONSTRUCTED AT THEIR TROAS PRIMARY SCHOOL IN JINJA, UGANDA. IMANI MILELE CHILDREN IS A US-BASED NONPROFIT DEDICATED TO IMPROVING THE LIVES OF ORPHANED AND VULNERABLE CHILDREN IN UGANDA.

  • AMANI PARTNERS KENYA

    $12,855

    IN JUNE 2023, JD SHETH FOUNDATION PARTNERED WITH AMANI PARTNERS KENYA TO BUILD A KITCHEN AND DINING HALL FOR THEIR GREEN HILL ACADEMY SCHOOL IN EKERENYO, KENYA. JD SHETH ALSO FUNDED A NEW, EFFICIENT WOOD BURNING STOVE FOR THE KITCHEN, A SOLAR-POWERED WATER HEATER, AND A WATER FILTRATION SYSTEM. AMANI PARTNERS KENYA IS A US-BASED NONPROFIT THAT FOCUSES ON IMPROVING EDUCATION AND HEALTH CARE IN SOUTHWESTERN KENYA.

  • CHILDREN'S MUSEUM OF EVANSVILLE

    $12,500

    JD SHETH SUPPORTED CMOE BY FUNDING THE REVITALIZATION OF THEIR WORLD RHYTHMS EXHIBIT AT THE MUSEUM.

  • EVSC FOUNDATION

    $10,000

    WE PARTNERED WITH THE EVSC FOUNDATION AND EVSC TO COMPLETE UPGRADES AT TWO LOCAL SCHOOLS - GLENWOOD LEADERSHIP ACADEMY (GLA) AND ACADEMY FOR INNOVATIVE STUDIES (AIS). AT GLA, WE FUNDED THE ADDITION OF A DOOR BETWEEN THE SCIENCE CLASSROOM AND THE ADJOINING SCIENCE LAB. AT AIS, WE FUNDED THE RENOVATION OF AN EXISTING MEDIA CENTER/LIBRARY INTO A SOCIAL EMOTIONAL LEARNING SPACE FOR STUDENTS AND WRAPS FOR THE FRONT DOORS AND CAFETERIA WINDOWS FOR ADDED SECURITY.

  • HAND IN HAND MINISTRIES

    $8,000

    JD SHETH TOOK A TEAM OF 14 VOLUNTEERS TO BUILD A HOUSE FOR AN INDIVIDUAL IN NEED IN BELIZE CITY, BELIZE.

  • ARK CRISIS CHILDRENS CENTER

    $5,783

    WE PARTNERED WITH ARK TO REMODEL THEIR EXISTING LAUNDRY FACILITY. ARK PROVIDES A SAFE PLACE FOR CHILDREN AND IS A RESOURCE FOR PARENTS AND CAREGIVERS BY HELPING WITH EMERGENCY DAY CARE.

Provenance

Return type
form_990
Tax year
2023
Filed
3 May 2024
IRS schema version
2023v5.0
Source object
202401279349302695

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