Jubilee Usa Network Inc
- Assets
- $1.3m
- Revenue
- $1.1m
- Investments
- $0.0
- Employees
- 7
- Location
- Washington, DC
- Founding
- 05/2006
- Data as of
- 12/2022
- EIN
- 03-0582216
Organization Overview
Jubilee Usa Network Inc is located in Washington, DC. The organization was established in 2006. According to its NTEE Classification (Q32) the organization is classified as: International Economic Development, under the broad grouping of International, Foreign Affairs & National Security and related organizations. As of 12/2022, Jubilee USA Network Inc employed 7 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Jubilee USA Network 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 12/2022, Jubilee USA Network Inc generated $1.1m in total revenue. This organization has experienced exceptional growth, as over the past 5 years, it has increased revenue by an average of 27.1% each year . All expenses for the organization totaled $849.1k during the year ending 12/2022. While expenses have increased by 13.2% per year over the past 5 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
THE MISSION OF JUBILEE USA IS TO CONDUCT EDUCATION, OUTREACH AND TO RAISE AWARENESS OF GLOBAL FINANCE, INTERNATIONAL DEBT, AND THE NEED FOR MORE RESPONSIBLE FINANCIAL AND ECONOMIC POLICIES, IN ORDER TO END GLOBAL POVERTY
Describe the Organization's Program Activity:
Part 3 - Line 4a
DURING 2022, JUBILEE USA NETWORK WAS FEATURED IN TENS OF THOUSANDS OF NEWSPAPERS AND MEDIA OUTLETS FOR ITS WORK ON PANDEMIC RESPONSE, INEQUALITY, CLIMATE AND POVERTY. JUBILEE'S EDUCATIONAL EFFORTS ON DEBT RELIEF, FINANCING, IMF AID AND FINANCIAL CRISIS RESOLTUON RESULTED IN HUNDREDS OF BILLIONS OF DOLLARS OF SUPPORT FOR DEVELOPING COUNTRIES TO RESPOND TO THE PANDEMIC. THE NETWORK INCREASED AWARENESS ON THE SOLUTIONS TO ADDRESS CURRENT HEALTH AND ECONOMIC CRISES AND PREVENT FUTURE CRISES. THE WORLD'S LARGEST RELIGIOUS INSTITUTIONS, UNIONS, ENVIRONMENTAL GROUPS AND HUMAN RIGHTS ORGANIZATIONS AND HUNDREDS OF FAITH COMMUNITIES JOINED JUBILEE USA'S OUTREACH AND EDUCATIONAL EFFORTS ON PANDEMIC RESPONSE. CONTINUED IN SCHEDULE O
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Eric Lecompte Executive Dir. | OfficerTrustee | 60 | $156,984 |
Aldo Caliari Senior Director | 50 | $129,816 | |
Reverend Stan Duncan Director | Trustee | 2 | $0 |
Jared Markland Director | Trustee | 2 | $0 |
Edwin Gonzalez Castillo Director | Trustee | 2 | $0 |
Katrina Klettke-Straker Director | Trustee | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $1,129,495 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,129,495 |
| Total Program Service Revenue | $0 |
| Investment income | $165 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $1,129,660 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $99,516 |
| 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. | $156,986 |
| Compensation of current officers, directors, key employees. | $6,280 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $284,610 |
| Pension plan accruals and contributions | $13,803 |
| Other employee benefits | $18,577 |
| Payroll taxes | $37,584 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $72,020 |
| Advertising and promotion | $0 |
| Office expenses | $33,799 |
| Information technology | $7,952 |
| Royalties | $0 |
| Occupancy | $63,762 |
| Travel | $36,192 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $21,029 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $790 |
| Insurance | $2,453 |
| All other expenses | $0 |
| Total functional expenses | $849,073 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $726,840 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $547,085 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $25,000 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $634 |
| Net Land, buildings, and equipment | $1,980 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $4,527 |
| Total assets | $1,306,066 |
| Accounts payable and accrued expenses | $28,281 |
| 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 | $28,281 |
| Net assets without donor restrictions | $650,285 |
| Net assets with donor restrictions | $627,500 |
| 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 | $1,306,066 |