Jahma Foundation Inc is located in Cherry Hill, NJ. The organization was established in 1999. According to its NTEE Classification (B82) the organization is classified as: Scholarships & Student Financial Aid, under the broad grouping of Education and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Jahma 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 12/2023, Jahma Foundation Inc generated $105.6k in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 4.2% each year. All expenses for the organization totaled $108.1k during the year ending 12/2023. While expenses have increased by 5.3% 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
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2023
Describe the Organization's Program Activity:
Part 3
SCHOLARSHIP PROGRAM
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Laura Spataro Executive Director | 0.5 | $0 | |
J Kenneth Pagano President | 0.5 | $0 | |
Sandy Cipollone Treasurer | 0.5 | $0 | |
Kevin Krier Board Member | 0.5 | $0 | |
Scott Shaffer Board Member | 0.5 | $0 | |
Tony Cupano Board Member | 0.5 | $0 |
Statement of Revenue | |
---|---|
Total Revenue from Contributions, Gifts, Grants & Similar | $74,385 |
Total Program Service Revenue | $34,000 |
Membership dues | $0 |
Investment income | $215 |
Gain or Loss | $0 |
Net Income from Gaming & Fundraising | -$3,033 |
Other Revenue | $0 |
Total Revenue | $105,567 |
Statement of Expenses | |
---|---|
Grants and similar amounts paid | $0 |
Benefits paid to or for members | $0 |
Salaries, other compensation, and employee benefits | $0 |
Professional fees and other payments to independent contractors | $1,585 |
Occupancy, rent, utilities, and maintenance | $0 |
Printing, publications, postage, and shipping | $0 |
Other expenses | $106,475 |
Total expenses | $108,060 |
Balance Sheet | |
---|---|
Cash, savings, and investments | $178,019 |
Other assets | $0 |
Total assets | $178,019 |
Total liabilities | $0 |
Net assets or fund balances | $178,019 |