Joy Baptist Camp Foundation Inc

The information for Joy Baptist Camp Foundation Inc is as of the organization's most recent filing in December '22. This organization is located in Naperville, IL. It has been in existence for 13 years, following its founding in 2009.

Organization Classification

The IRS classifies organizations according to the National Taxonomy of Exempt Entities (NTEE) system. The NTEE system helps the IRS assign a 3-character code to each organization to describe the organization's activities.

The Joy Baptist Camp Foundation Inc's NTEE code is X90. The "X" tells us that the organization is classified along with Religion-Related organizations. The "90" tells us that the organization is specifically classified as Interfaith Coalitions. The NTEE describes Interfaith Coalitions as organizations representing multiple faiths that have gathered together to establish a worldwide Christian (or other religious) unity; to promote cooperation on common tasks such as supporting missions, working with students, and sponsoring conferences; to establish mutual understanding regarding fundamental issues of belief, worship, and polity; and to serve as a united witness on world problems.

Every organization is also governed by a specific section of the Internal Revenue Code. The most common type is a 501(c)(3) organization. However, there are actually 29 different types of organizations that are identified by the Internal Revenue Code. This organization happens to be a 501(c)(3) organization. The IRS describes these organizations as those engaged in Religious, Educational, Charitable, Scientific, Literary, Public Safety, Amateur Sports, or Prevention of Cruelty to Children or Animals work.

Perhaps the most accurate way to get a sense of what the organization hopes to achieve is by looking at its mission. The mission of the Joy Baptist Camp Foundation Inc is to provide assistance to Joy Baptist Camp and other approved camps, as well as to assist those who want to attend or volunteer at the same.

Program Areas

Scholarship grants were provided to individuals within the general fund to assist them with camp fees or for volunteering at the camp.

Organization Staffing

Joy Baptist Camp Foundation Inc is run by Timothy J Duma, who is the President. The organization currently has no employees and no employees are paid over $100k per year. However, the organization is supported by 3 volunteers.

Board Governance

The Joy Baptist Camp Foundation Inc appears to be well-governed based on the information provided. The organization has a small number of voting members, which suggests a streamlined decision-making process. Additionally, all members are independent, indicating a lack of potential conflicts of interest that could compromise the organization's mission. The fact that board meetings and committee meetings are documented is a positive sign of transparency and accountability within the organization. This documentation helps ensure that decisions and discussions are properly recorded and can be reviewed if necessary. While the organization does not have specific policies in place for conflict of interest, whistleblower, or document retention, these may not be significant concerns given the small size and nature of the organization. However, it is worth noting that having these policies in place can further enhance the organization's governance practices and provide additional safeguards against potential issues. The organization's practice of providing copies of the 990 tax form to the board prior to filing is commendable, as it allows for board members to review and verify the organization's financial information before it is submitted to the relevant authorities. Overall, based on the information provided, the Joy Baptist Camp Foundation Inc demonstrates good governance practices, with a focus on transparency and accountability. However, implementing additional policies related to conflicts of interest, whistleblowing, and document retention could further strengthen the organization's governance framework.

Organization Growth

The Joy Baptist Camp Foundation Inc, a nonprofit organization, has experienced a decrease in contributions and grants received from $64.1K in 2015 to $22.1K in 2022. However, their investment income has increased from $22 in 2015 to $60 in 2022. Other revenue, which was $5.0K in 2015, became irrelevant and reached $0 in 2022. As a result, the total revenue has decreased from $69.1K in 2015 to $22.1K in 2022. On the other hand, grants paid by the organization have increased from $7.4K in 2015 to $36.7K in 2022. Total expenses have decreased from $138.0K in 2015 to $41.0K in 2022. Lastly, the number of volunteers has remained the same, with 3 volunteers in both 2019 and 2022. Overall, the organization has experienced a decrease in contributions and total revenue, while seeing an increase in investment income and grants paid.