Jarc Foundation

Organization Overview

Jarc Foundation is located in Bloomfield Hills, MI. The organization was established in 2004. According to its NTEE Classification (P11) the organization is classified as: Single Organization Support, under the broad grouping of Human Services and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Jarc 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 09/2023, Jarc Foundation generated $112.3k 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 (12.9%) each year. All expenses for the organization totaled $62.3k during the year ending 09/2023. As we would expect to see with falling revenues, expenses have declined by (26.3%) per year over the past 6 years. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2023

Describe the Organization's Mission:

Part 3 - Line 1

TO RECEIVE AND ADMINISTER ENDOWMENT FUNDS AND PROPERTY AND TO OPERATE EXCLUSIVELY FOR THE BENEFIT OF JARC, A 501(C)(3) CHARITABLE ORGANIZATION THAT PROVIDES SHELTER, CARE AND SUPPORT TO DEVELOPMENTALLY DISABLED INDIVIDUALS.

Describe the Organization's Program Activity:

Part 3 - Line 4a

SUPPORTING JARC, A 501(C)(3) ORGANIZATION, IN ITS MISSION TO PROVIDE CARE IN GROUP HOMES AND INDEPENDENT LIVING SETTINGS FOR ADULTS, AND RESPITE SERVICES WITHIN THE FAMILY HOME FOR CHILDREN, TEENS, AND YOUNG ADULTS.


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Board, Officers & Key Employees

Name (title)Compensation
Joshua Tobias
President
$0
Joanne Aronovitz
Secretary
$0
Adam Jahnke
Treasurer
$0
Shaindle Braunstein
CEO
$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 $79,094
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $33,180
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $112,274

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