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Nonprofiteer
← MAJESTY FOUNDATION

Form 990 for tax year 2023

Filed by MAJESTY FOUNDATION.

Totals

Total revenue
$410,030
Total expenses
$1,144,895
Contributions and grants received
$396,165
Grants paid
$567,110
Program service revenue
$0
Investment income
$13,865
Other revenue
$0
Total assets, end of year
$2,597,105
Total liabilities, end of year
$150,000
Net assets or fund balances, end of year
$2,447,105
Program services expenses (Part IX)
$1,144,895
Management and general expenses
$0
Fundraising expenses
$0
Program service expenses (Part III)
$1,144,895

Program services were 100.0% 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

    $396,165

  • 3 · Investment income

    total $13,865 · unrelated business $0 · excluded $13,865

Functional expenses

Part IX, the statement of functional expenses.

  • 1 · Grants to domestic organizations and governments

    total $567,110 · program services $567,110

  • 7 · Other salaries and wages

    total $48,882 · program services $48,882 · management and general $0 · fundraising $0

  • 10 · Payroll taxes

    total $14,500 · program services $14,500 · management and general $0 · fundraising $0

  • 11g · Fees: other

    total $27,595 · program services $27,595 · management and general $0 · fundraising $0

  • 13 · Office expenses

    total $112,531 · program services $112,531 · management and general $0 · fundraising $0

  • 16 · Occupancy

    total $45,699 · program services $45,699 · management and general $0 · fundraising $0

  • 23 · Insurance

    total $67,310 · program services $67,310 · management and general $0 · fundraising $0

  • 24a · Other expenses: M & E

    total $34,831 · program services $34,831 · management and general $0 · fundraising $0

  • 24b · Other expenses: BANK FEES

    total $2,463 · program services $2,463 · management and general $0 · fundraising $0

  • 24c · Other expenses: FILING FEES/TAXES

    total $20 · program services $20 · management and general $0 · fundraising $0

  • 24d · Other expenses: PHONE EXPENSE

    total $5,138 · program services $5,138 · management and general $0 · fundraising $0

  • 24e · All other expenses

    total $218,816 · program services $218,816 · management and general $0 · fundraising $0

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    end of year $72,929

  • 4 · Accounts receivable

    end of year $38,790

  • 12 · Investments: other securities

    beginning of year $2,292,630 · end of year $2,485,386

  • 17 · Accounts payable and accrued expenses

    end of year $150,000

  • 27 · Net assets without donor restrictions

    beginning of year $2,292,630 · end of year $2,447,105

Mission and programs · 2023

Mission

THE MAJESTY FOUNDATION EXISTS TO EXTEND THE REACH OF THE KINGDOM OF GOD THROUGH CHARITABLE GIVING

  • GRACE COMMUNITY CHURCH-LOCAL COMMUNITY CHURCH WHOSE MISSION IS TO FIND UNITY THROUGH JESUS FOR THE AREA IT SERVES

    Expenses $109,500 · Grants $109,500

  • JONI AND FRIENDS - MINISTRY SUPPORT OF HANDICAPPED OUTREACH BRINGING HOPE TO TROUBLED PEOPLE

    Expenses $40,000 · Grants $40,000

  • YOUNG LIFE - MISSION IS TO INTRODUCE ADOLESCENTS TO JESUS CHRIST AND HELP THEM GROW IN THEIR FAITH

    Expenses $47,600 · Grants $47,600

  • OTHER

    Expenses $947,795 · Grants $370,010

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

Listed in Part VII

  • Anthony B Cimmarrusti

    TRUSTEE

    Total calculated
    $0
    Hours/week
    3
  • Martha J Cimmarrusti

    TRUSTEE

    Total calculated
    $0
    Hours/week
    3
  • Bryce Gray

    TRUSTEE

    Total calculated
    $0
    Hours/week
    3

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
8 November 2024
IRS schema version
2023v5.1
Source object
202433179349303883

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.