Jericho Partnership Inc
- Assets
- $936.7k
- Revenue
- $1.5m
- Investments
- $0.0
- Employees
- 67
- Location
- Danbury, CT
- Founding
- 07/2006
- Data as of
- 08/2023
- EIN
- 01-0837128
Organization Overview
Jericho Partnership Inc is located in Danbury, CT. The organization was established in 2006. According to its NTEE Classification (S50) the organization is classified as: Nonprofit Management, under the broad grouping of Community Improvement & Capacity Building and related organizations. As of 08/2023, Jericho Partnership Inc employed 67 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Jericho Partnership Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 08/2023, Jericho Partnership Inc generated $1.5m in total revenue. This represents a relatively dramatic decline in revenue. Over the past 8 years, the organization has seen revenues fall by an average of (8.7%) each year. All expenses for the organization totaled $1.5m during the year ending 08/2023. As we would expect to see with falling revenues, expenses have declined by (8.6%) per year over the past 8 years. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, Jericho Partnership Inc has awarded 48 individual grants totaling $10,927,194. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2023
Describe the Organization's Mission:
Part 3 - Line 1
JERICHO MEETS THE ACADEMIC, PHYSICAL, SOCIAL AND SPIRITUAL NEEDS OF DANBURY, CT'S AT-RISK YOUTH, AND BY EXTENSION THEIR FAMILIES, TO ENABLE LIFE TRANSFORMATION, FOR GOD'S GLORY.JERICHO DOES THIS THROUGH WHOLISTIC, VOLUNTEER-POWERED, RELATIONAL PROGRAMS AND SERVICES, INCLUDING CHRISTIAN MENTORING, K-12 TUTORING, SUMMER LEARING PROGRAMS, READING BUDDIES, PROJECT-BASED LEARNING, LIFE READINESS WORKSHOPS, FOOD PANTRY, AND HEALTHCARE FOR VULNERABLE CHILDREN.
Describe the Organization's Program Activity:
Part 3 - Line 4a
TO SERVE AND TRANSFORM THE "AT-RISK" YOUTH OF DANBURY BY PROVIDING PROGRAMS THAT SUPPORT PHYSICAL AND SOCIAL WELL-BEING AS WELL AS ACADEMIC ACHIEVEMENT. THE PHYSICAL WELL-BEING OF YOUTH IS SUPPORTED THROUGH THE FOOD PANTRY AND THROUGH GRANTS TO THE SAMARITAN HEALTH CENTER WHICH PROVIDES MEDICAL CARE TO THOSE UNDER AGE 18 THAT DO NOT HAVE HEALTH INSURANCE. ACADEMIC ACHEIVEMENT IS SUPPORTED THROUGH SUMMER LEARNING, TUTORING, AND MENTORING PROGRAMS AS WELL AS BIBLE STUDY.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Mr Rupert Grant Treasurer | OfficerTrustee | 5 | $0 |
Mr William G Beattie Chairman Emeritus | Trustee | 1 | $0 |
Mr William Indelicato Sr Director | Trustee | 1 | $0 |
Mrs Carrie Amos Director | Trustee | 1 | $77,500 |
Mrs Holly Hatfield Director | Trustee | 1 | $0 |
Rev Dr Thomas Lounsbury Director | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $40,120 |
| Related organizations | $350,000 |
| Government grants | $909,893 |
| All other contributions, gifts, grants, and similar amounts not included above | $0 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,300,013 |
| Total Program Service Revenue | $142,135 |
| Investment income | $13,094 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $4,130 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $1,459,372 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $180,000 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $795,316 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $52,731 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $2,830 |
| Advertising and promotion | $0 |
| Office expenses | $86,546 |
| Information technology | $68,243 |
| Royalties | $0 |
| Occupancy | $182,055 |
| Travel | $4,890 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $9,522 |
| Insurance | $64,196 |
| All other expenses | $0 |
| Total functional expenses | $1,504,734 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $764,081 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $110,000 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $37,622 |
| Net Land, buildings, and equipment | $24,987 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $936,690 |
| Accounts payable and accrued expenses | $44,398 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $44,398 |
| Net assets without donor restrictions | $892,292 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $936,690 |
Grants Awarded
Over the last fiscal year, Jericho Partnership Inc has awarded $185,000 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
SAMARITAN HEALTH SERVICES INC PURPOSE: GENERAL SUPPORT | $185,000 |