Joy Foundation Inc is located in Menomonie, WI. The organization was established in 2001. According to its NTEE Classification (T22) the organization is classified as: Private Independent 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. Joy Foundation Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3 - Line 4a
NA
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Francis L Rost President | 10 | $3,100 | |
Christopher T Rost Vice Presidenttreas | 10 | $59,500 | |
Patricia S Rost Secretary | 2 | $0 | |
Pastor Mitch Nelson Officer | 1 | $0 | |
Pastor Stephen Terpstra Board Member | 1 | $0 | |
Pastor Don Strange Board Member | 1 | $0 |
Statement of Revenue | |
---|---|
Contributions, Gifts, Grants & Similar | $0 |
Interest on Savings | $17 |
Dividends & Interest | $15,981 |
Net Rental Income | $0 |
Net Gain on Sale of Assets | -$255,269 |
Capital Gain Net Income | $0 |
Net ST Capital Gain | $0 |
Income Modifications | $0 |
Profit on Inventory Sales | $0 |
Other Income | $0 |
Total Revenue | -$239,271 |
Statement of Expenses | |
---|---|
Compensation of officers, directors, trustees, etc | $62,600 |
Other employee salaries and wages | $0 |
Pension plans, employee benefits | $0 |
Interest | $16,790 |
Taxes | $1,454 |
Depreciation | $0 |
Occupancy | $0 |
Travel, conferences, and meetings | $5,367 |
Printing and publications | $0 |
Other expenses | $9,772 |
Total operating and administrative expenses | $97,033 |
Contributions, gifts, grants paid | $83,000 |
Total expenses and disbursements | $180,033 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $1,122 |
Savings and temporary cash investments | $0 |
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 | $2,479,245 |
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 | $109,261 |
Total liabilities | $109,261 |
Over the last fiscal year, Joy Foundation Inc has awarded $119,000 in support to 2 organizations.
Grant Recipient | Amount |
---|---|
OMEGA MINISTRY WYLDEWOOD PURPOSE: MISSION SUPPORT | $114,000 |
ANCHOR BAPTIST CHURCH & MINISTRIES PURPOSE: MISSION SUPPORT | $5,000 |