Jelly Foundation
- Assets
- $93.9k
- Revenue
- $2.8k
- Investments
- $92.7k
- Employees
- 0
- Location
- Carrboro, NC
- Founding
- 12/2001
- Data as of
- 12/2023
- EIN
- 31-1813445
Organization Overview
Jelly Foundation is located in Carrboro, NC. The organization was established in 2001. According to its NTEE Classification (T20) the organization is classified as: Private Grantmaking Foundations, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Jelly 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, Jelly Foundation generated $2.8k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 6 years, the organization has seen revenues fall by an average of (13.9%) each year. All expenses for the organization totaled $7.8k during the year ending 12/2023. You can explore the organizations financials more deeply in the financial statements section below.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Sarah Froeber Vice Pres./secretary | 0 | $0 | |
Eric Nussbaumer President/treasurer | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $1,587 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $1,252 |
| Capital Gain Net Income | $1,252 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $2,839 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $0 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $1,667 |
| Total operating and administrative expenses | $2,767 |
| Contributions, gifts, grants paid | $5,000 |
| Total expenses and disbursements | $7,767 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $1,218 |
| Net Accounts receivable | $0 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $0 |
| Net other notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $0 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $93,942 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
Grants Awarded
Over the last fiscal year, Jelly Foundation has awarded $5,000 in support to 6 organizations.
| Grant Recipient | Amount |
|---|---|
THE CHRISTMAS HOUSE PURPOSE: TO CONTRIBUTE TO THE CHRISTMAS PROGRAMS AND ACTIVITIES HELD BY THE CHRISTMAS HOUSE | $500 |
RIVERWOOD ELEMENTARY SCHOOL PURPOSE: TO PROVIDE SCHOOL SUPPLIES FOR STUDENTS | $1,000 |
CORA FOOD PANTRY PURPOSE: CCORA PROVIDES NUTRITIOUS FOOD TO COMMUNITY MEMBERS FACING FOOD INSECURITY. OUR ULTIMATE GOAL AT CORA IS TO BUILD A COMMUNITY WITHOUT HUNGER BY COLLECTING AND PURCHASING HEALTHY FOOD FOR DISTRIBUTION THROUGH OUR FOOD PANTRY, RELATED PROGRAMS, AND NETWORK OF LOCAL PARTNERS. | $1,000 |
CAROLINA SWIMS FOUNDATION PURPOSE: CAROLINA SWIMS FOUNDATION IS A 501 (C) (3) HEALTH ORGANIZATION THAT PROVIDES SPONSORED SWIM LESSONS AND AQUA-THERAPY TO UNDERSERVED CHILDREN AND CHILDREN IN FOSTER CARE TO PREVENT DROWNINGS. | $500 |
FAMILY READING PARTNERS PURPOSE: TO SUPPORT THE FAMILY READING PARTNERSHIP A NON-PROFIT COMMUNITY ORGANIZATION THAT PROMOTES EARLY LITERACY. | $500 |
HEALING PINES RESPITE INC PURPOSE: TO HELP PROVIDE RESPITE FOR WOMAN WITH CANCER | $1,500 |