Claire And Marjorie Johnson Inc
- Assets
- $7.9m
- Revenue
- $670.1k
- Investments
- $7.8m
- Employees
- 0
- Location
- Cumberland, WI
- Founding
- 11/1997
- Data as of
- 12/2022
- EIN
- 39-1874405
Organization Overview
Claire And Marjorie Johnson Inc is located in Cumberland, WI. The organization was established in 1997. According to its NTEE Classification (B82) the organization is classified as: Scholarships & Student Financial Aid, under the broad grouping of Education and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Claire And Marjorie Johnson Inc 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, Claire And Marjorie Johnson Inc generated $670.1k in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 0.7% each year. All expenses for the organization totaled $465.7k during the year ending 12/2022. While expenses have increased by 4.6% per year over the past 8 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
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3 - Line 4a
CHILDRENS & EDUCATION INITIATIVES-SEE PART XV/STATEMENT 92
COLLEGE TUITION, BOOKS & HOUSING EXPENSES FOR SELECTED HIGH SCHOOL GRADUATES - SEE PART XV/STATEMENT 92
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Claire Johnson President | 5 | $0 | |
Marjorie Johnson VP | 5 | $0 | |
Mary Kay Hanson Director | 5 | $5,000 | |
Teresa Devenecia Director | 5 | $5,000 | |
Kelly Kautz Director | 5 | $5,000 | |
Karen Pardyjak Director | 5 | $5,000 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $150,000 |
| Interest on Savings | $569 |
| Dividends & Interest | $115,790 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $403,764 |
| Capital Gain Net Income | $403,764 |
| Net ST Capital Gain | $0 |
| Income Modifications | $3,600 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $670,123 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $20,000 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $16,991 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $1,262 |
| Printing and publications | $0 |
| Other expenses | $31,826 |
| Total operating and administrative expenses | $84,653 |
| Contributions, gifts, grants paid | $381,000 |
| Total expenses and disbursements | $465,653 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $76,437 |
| 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 | $7,797,189 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $31,600 |
| Total assets | $7,905,226 |
| 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 |