Jhw Foundation Inc
- Assets
- $117.8k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Manakinsabot, VA
- Founding
- 10/2012
- Data as of
- 12/2022
- EIN
- 45-2472626
Organization Overview
Jhw Foundation Inc is located in Manakinsabot, VA. The organization was established in 2012. 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. Jhw 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.
For the year ending 12/2022, Jhw Foundation Inc generated $123.5k in total revenue. This organization has experienced exceptional growth, as over the past 6 years, it has increased revenue by an average of 16.2% each year . All expenses for the organization totaled $75.6k during the year ending 12/2022. While expenses have increased by 15.5% per year over the past 6 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
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3
WE SUCCESSFULLY NAVIGATED COVID AND CONTINUED SUPPORTING RECOVERY SUPPORT INITIATIVES IN THE COLLEGIATE RECOVERY PROGRAMS AND WITH ASSISTANCE IN SOBER LIVING HOUSING IN EVERY WAY POSSIBLE. THE 10TH ANNUAL OYSTER ROAST WAS A BIG SUCCESS. DESPITE THE CURRENT UNCERTAINTY, RECOVERY ADVOCACY AND RESEARCH INITIATIVES AT VIRGINIA COMMONWEALTH UNIVERSITY HAVE CONTINUED TO BLOOM. THE NEED TO FURTHER THIS GROWTH REMAINS CRITICAL ESPECIALLY AS WE SEE SUBSTANCE USE AND OVERDOSE STATISTICS RISE IN THE MIDST OF THE PANDEMIC. THE HEALING PLACE IS OFFICIALLY OPEN FOR THE HIGHLY ANTICIPATED WOMEN'S PROGRAM IN THE COMMUNITY. WE SPONSORED AN APARTMENT IN THE FACILITY TO SUPPORT WOMEN IN RECOVERY. IF WE HAD TO CHOOSE A TOP FOUNDATIONAL GOAL, IT WOULD BE THE CONTINUANCE TO GROW AND BUILD COLLEGIATE RECOVERY PROGRAMS IN VIRGINIA AND OUR ROLE IN PROVIDING CONNECTING AID TO TREATMENT AND RECOVERY SUPPORT FOR BOTH FRIENDS AS WELL AS STRANGERS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Rosalind W Watkins President | 7 | $0 | |
John H Watkins II Vice President | 1 | $0 | |
Tom Bannard Treasurer | 1 | $0 | |
Elizabeth Skidmore Director | 1 | $0 | |
Mark Merhige Director | 1 | $0 | |
Billy Parrish Director | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $45,658 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $77,879 |
| Other Revenue | $0 |
| Total Revenue | $123,537 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $1,225 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $305 |
| Other expenses | $4,240 |
| Total expenses | $75,576 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $117,836 |
| Other assets | $0 |
| Total assets | $117,836 |
| Total liabilities | $0 |
| Net assets or fund balances | $117,836 |