Joni And Friends Foundation
- Assets
- $34.0m
- Revenue
- $2.5m
- Investments
- $16.5m
- Employees
- 0
- Location
- Agoura Hills, CA
- Founding
- 11/2014
- Data as of
- 12/2023
- EIN
- 30-0815226
Organization Overview
Joni And Friends Foundation is located in Agoura Hills, CA. The organization was established in 2014. According to its NTEE Classification (Q11) the organization is classified as: Single Organization Support, under the broad grouping of International, Foreign Affairs & National Security and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Joni And Friends Foundation 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, Joni And Friends Foundation generated $2.5m in total revenue. This represents a relatively dramatic decline in revenue. Over the past 9 years, the organization has seen revenues fall by an average of (6.6%) each year. All expenses for the organization totaled $202.4k during the year ending 12/2023. As we would expect to see with falling revenues, expenses have declined by (6.9%) per year over the past 9 years. 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
TO SUPPORT JONI AND FRIENDS IN ITS MISSION TO SPREAD THE GOSPEL AND EQUIP CHRIST-HONORING CHURCHES.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE JONI AND FRIENDS FOUNDATION SUPPORTS JONI AND FRIENDS, AND RECEIVES, MANAGES AND DISTRIBUTES ASSETS; WHICH IN TURN, ASSISTS JONI AND FRIENDS IN CARRYING OUT AND EXECUTING ITS PROGRAMS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Name Not Listed Chairman/cfo/director | OfficerTrustee | 4 | $0 |
Name Not Listed Vice Chairman/secretary & Treasurer /director | OfficerTrustee | 0.5 | $0 |
Name Not Listed Chairman /director (part Year) | OfficerTrustee | 2 | $0 |
Name Not Listed Secretary/treasurer/ Director (part Year) | OfficerTrustee | 0.5 | $0 |
Name Not Listed Director | Trustee | 0.5 | $0 |
Name Not Listed Director | Trustee | 0.5 | $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 | $50,000 |
| Noncash contributions included in lines 1a–1f | $50,000 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $50,000 |
| Total Program Service Revenue | $0 |
| Investment income | $266,627 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $1,693,262 |
| Net Rental Income | $498,738 |
| 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 | $2,508,627 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| 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 | $0 |
| 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 | $25,875 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $94,164 |
| Fees for services: Other | $52,373 |
| Advertising and promotion | $0 |
| Office expenses | $0 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $30,000 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $0 |
| All other expenses | $0 |
| Total functional expenses | $202,412 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $729,961 |
| Savings and temporary cash investments | $8,822 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $970 |
| 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 | $0 |
| Net Land, buildings, and equipment | $1,154,325 |
| Investments—publicly traded securities | $15,633,619 |
| Investments—other securities | $16,520,137 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $34,047,834 |
| Accounts payable and accrued expenses | $142,275 |
| 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 | $1,000,000 |
| Other liabilities | $0 |
| Total liabilities | $1,142,275 |
| Net assets without donor restrictions | $31,410,053 |
| Net assets with donor restrictions | $1,495,506 |
| 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 | $34,047,834 |
Grants Awarded
Over the last fiscal year, Joni And Friends Foundation has awarded $1,377,832 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
JONI AND FRIENDS PURPOSE: Donor Designated Program | $1,319,565 |
NATIONAL CHRISTIAN FOUNDATION PURPOSE: Donor designated program | $58,267 |