Louis August Jonas Foundation Inc
- Assets
- $12.3m
- Revenue
- $1.4m
- Investments
- $0.0
- Employees
- 35
- Location
- Rhinebeck, NY
- Founding
- 04/1938
- Data as of
- 09/2023
- EIN
- 14-1387863
Organization Overview
Louis August Jonas Foundation Inc is located in Rhinebeck, NY. The organization was established in 1938. According to its NTEE Classification (O51) the organization is classified as: Youth Community Service Clubs, under the broad grouping of Youth Development and related organizations. As of 09/2023, Louis August Jonas Foundation Inc employed 35 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Louis August Jonas Foundation 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 09/2023, Louis August Jonas Foundation Inc generated $1.4m in total revenue. This organization has experienced exceptional growth, as over the past 8 years, it has increased revenue by an average of 11.3% each year . All expenses for the organization totaled $1.7m during the year ending 09/2023. While expenses have increased by 6.1% per year over the past 8 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
2023
Describe the Organization's Mission:
Part 3 - Line 1
LAJF HAS BEEN COMMITTED TO HELPING YOUNG PEOPLE GROW INTELLECTUALLY, ETHICALLY, AND GLOBALLY. CONTINUED ON SCHEDULE O
Describe the Organization's Program Activity:
Part 3 - Line 4a
CAMP RISING SUN CRS IS AN INTERNATIONAL SUMMER LEADERSHIP PROGRAM FOR EXTRAORDINARY YOUNG PEOPLE AGED 15 - 17. SELECTION IS HIGHLY COMPETITIVE AND IS BASED ON INTELLECT DEMONSTRATED ACADEMIC ACHIEVEMENT AND AN ABILITY TO THINK CRITICALLY, CHARACTER HONESTY, COMPASSION, INTEGRITY, LEADERSHIP POTENTIAL SELF-CONFIDENCE, OPENNESS AND FAIRNESS IN DEALING WITH OTHERS, AND INDIVIDUALITY DEVELOPED ABILITIES AND INTERESTS. A SPECIAL FOCUS OF THE CAMP EXPERIENCE IS THE NURTURING OF ETHICAL LEADERSHIP SKILLS. THE LOUIS AUGUST JONAS FOUNDATION LAJF OPERATES CAMP RISING SUN AND RECRUITS CAMPERS WORLDWIDE. CAMPERS INVITED TO PARTICIPATE ARE AWARDED A FULL SCHOLARSHIP. EACH YEAR, CAMPERS ARE INVITED TO ATTEND CAMP IN THE BELIEF THAT YOUTH WITH DIFFERENT LIFE EXPERIENCES AND FROM A VARIETY OF DIVERSE CULTURES AND SOCIOECONOMIC BACKGROUNDS HAVE MUCH TO OFFER EACH OTHER. CONTINUED ON SCHEDULE O
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Helene Mattera Executive Director | Officer | 55 | $143,815 |
Abhijeet Nain Member | Trustee | 2 | $0 |
Ahmad Eshghhyar Member | Trustee | 2 | $0 |
Andrea Alexander Member | Trustee | 2 | $0 |
Barrington Fulton Member | Trustee | 2 | $0 |
Camille Torres Member | Trustee | 2 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Plug Pv Llc Solar Panels | 9/29/22 | $155,673 |
Marine Pool Renovation Llc Renovations | 9/29/22 | $330,463 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $121,720 |
| All other contributions, gifts, grants, and similar amounts not included above | $641,706 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $763,426 |
| Total Program Service Revenue | $0 |
| Investment income | $275,833 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $118,000 |
| Net Gain/Loss on Asset Sales | $258,462 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $1,424,445 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $13,500 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $164,067 |
| Compensation of current officers, directors, key employees. | $32,814 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $640,445 |
| Pension plan accruals and contributions | $11,285 |
| Other employee benefits | $52,229 |
| Payroll taxes | $100,440 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $5,000 |
| Fees for services: Investment Management | $30,000 |
| Fees for services: Other | $32,693 |
| Advertising and promotion | $0 |
| Office expenses | $63,566 |
| Information technology | $14,780 |
| Royalties | $0 |
| Occupancy | $154,729 |
| Travel | $114,535 |
| 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 | $61,560 |
| Insurance | $43,271 |
| All other expenses | $0 |
| Total functional expenses | $1,697,112 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $165,664 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| 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 | $40,388 |
| Net Land, buildings, and equipment | $1,658,004 |
| Investments—publicly traded securities | $10,446,830 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $12,310,886 |
| Accounts payable and accrued expenses | $58,732 |
| 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 | $58,732 |
| Net assets without donor restrictions | $11,063,067 |
| Net assets with donor restrictions | $1,189,087 |
| 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 | $12,310,886 |