Junket Inc
- Assets
- $35.9k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Brooklyn, NY
- Founding
- 07/2014
- Data as of
- 12/2023
- EIN
- 45-4378535
Organization Overview
Junket Inc is located in Brooklyn, NY. The organization was established in 2014. According to its NTEE Classification (O30) the organization is classified as: Adult & Child Matching Programs, under the broad grouping of Youth Development and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Junket 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 12/2023, Junket Inc generated $40.7k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 5 years, the organization has seen revenues fall by an average of (3.9%) each year. All expenses for the organization totaled $39.8k during the year ending 12/2023. As we would expect to see with falling revenues, expenses have declined by (0.5%) per year over the past 5 years. 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
2023
Describe the Organization's Program Activity:
Part 3
DURING 2023, JUNKET LAUNCHED A NEW INDIVIDUAL GRANT PROGRAM OFFERING JUNKET MEMBERS THE OPPORTUNITY TO BUILD THEIR OWN MAP FOR WORKING TOWARD STABILITY AND SUCCESS. THE GRANTS WERE UTILIZED FOR INDIVIDUAL GOALS/NEEDS SPECIFIC TO EACH JUNKET MEMBER IN ORDER FOR THEM TO CONTINUE TO MOVE FORWARD AND GAIN A SOLID FOOTING WITH INDEPENDENT LIVING. THE GRANTS WERE UTILIZED FOR A VARIETY OF PURPOSES INCLUDING EDUCATION FEES, LEGAL FEES, TRAINING PROGRAMS, CELL PHONE SERVICES, HOUSEHOLD SUPPORT AND A VARIETY OF OTHER WAYS. WE ALSO FOCUSED ON BUILDING FINANCIAL LITERACY THROUGH ASSISTING IN TAX PREPARATION, WALKING THROUGH BUDGETS AND HELPING BUILD CREDIT THROUGH STARTING SECURED CREDIT CARD PLANS AND BUILDING UP SAVINGS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Heather Hupalo Founder And President; Director | 20 | $0 | |
Sara Comis Executive Vice President; Director | 20 | $0 | |
Joshua Henderson Treasurer | 5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $40,674 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $66 |
| Total Revenue | $40,740 |
| 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 | $0 |
| Occupancy, rent, utilities, and maintenance | $7,800 |
| Printing, publications, postage, and shipping | $212 |
| Other expenses | $31,757 |
| Total expenses | $39,769 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $19,928 |
| Other assets | $0 |
| Total assets | $35,874 |
| Total liabilities | $7,601 |
| Net assets or fund balances | $28,273 |