Grand Rapids Jaycees Foundation
- Assets
- $1.2m
- Revenue
- $62.7k
- Investments
- $0.0
- Employees
- 0
- Location
- Grand Rapids, MI
- Founding
- 07/1983
- Data as of
- 12/2022
- EIN
- 38-2425009
Organization Overview
Grand Rapids Jaycees Foundation is located in Grand Rapids, MI. The organization was established in 1983. According to its NTEE Classification (S82) the organization is classified as: Mens Service Clubs, under the broad grouping of Community Improvement & Capacity Building and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Grand Rapids Jaycees 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 12/2022, Grand Rapids Jaycees Foundation generated $62.7k in total revenue. This organization has experienced exceptional growth, as over the past 4 years, it has increased revenue by an average of 24.6% each year . All expenses for the organization totaled $114.6k during the year ending 12/2022. While expenses have increased by 10.6% per year over the past 4 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
2022
Describe the Organization's Mission:
Part 3 - Line 1
THE ORGANIZATION'S MISSION IS TO PROVIDE CHARITABLE ASSISTANCE TO PROMOTE COMMUNITY INVOLVEMENT IN COMMUNITY AFFAIRS AND PROMOTE THE WELFARE OF THE COMMUNITY AND ITS CITIZENS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE FOUNDATION'S PRIMARY PURPOSE IS TO PROVIDE GRANTS TO LOCAL CHARITIES, WITH A SPECIFIC EMPHASIS ON CAPITAL NEEDS AND CHILDRENS' PROGRAMS. THE FOUNDATION ALSO ACTS AS RECIPIENT FOR THE CHARITABLE FUND- RAISING ACTIVITIES OF GRAND RAPIDS JUNIOR CHAMBER INTERNATIONAL, A NON- PROFIT LEADERSHIP TRAINING AND COMMUNITY SERVICE ORGANIZATION, WHOSE MEMBERS ARE ALSO MEMBERS OF THE FOUNDATION.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Rick Baker Trustee | Trustee | 1 | $0 |
Emma Baranowski Treasurer | OfficerTrustee | 2 | $0 |
Andrea Bohez Trustee | Trustee | 1 | $0 |
Sara Fales Trustee | Trustee | 1 | $0 |
David Morgenstern Trustee | Trustee | 1 | $0 |
Marybeth Schafer President | OfficerTrustee | 2 | $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 | $0 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $0 |
| Investment income | $9,331 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $62,416 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $62,747 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $84,126 |
| 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 | $1,125 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $681 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $22,000 |
| Travel | $0 |
| 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 | $0 |
| Insurance | $1,680 |
| All other expenses | $5,000 |
| Total functional expenses | $114,612 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $27,972 |
| 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 | $0 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $958,220 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $213,161 |
| Total assets | $1,199,353 |
| Accounts payable and accrued expenses | $0 |
| 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 | $0 |
| Net assets without donor restrictions | $1,096,192 |
| Net assets with donor restrictions | $103,161 |
| 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 | $1,199,353 |
Grants Awarded
Over the last fiscal year, Grand Rapids Jaycees Foundation has awarded $16,176 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
BOY SCOUTS OF AMERICA | | | $7,500 |
GIRLS ON THE RUN | | | $8,676 |