J3 Foundation
- Assets
- $38.1k
- Revenue
- $861.0k
- Investments
- $0.0
- Employees
- 0
- Location
- Los Angeles, CA
- Founding
- 05/2011
- Data as of
- 12/2021
- EIN
- 45-6192032
Organization Overview
J3 Foundation is located in Los Angeles, CA. The organization was established in 2011. According to its NTEE Classification (T23) the organization is classified as: Private Operating 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. J3 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 12/2021, J3 Foundation generated $861.0k in total revenue. All expenses for the organization totaled $961.3k during the year ending 12/2021. While expenses have increased by 110.4% 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
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2021
Describe the Organization's Program Activity:
Part 3 - Line 4a
DONATION FOR PRESCHOOL SCHOLARSHIP TO CRESTWOOD HILLS CO-OP NURSERY SCHOOL
SOUTHLAND PREP
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Valerie Jauregui Program Director | 40 | $132,413 | |
Bobbie L Boggs-Miller Operations | 40 | $123,330 | |
Mira A Brown Program Mgr | 40 | $68,156 | |
Ronald J Blackstone Chairman | 10 | $0 | |
Jamie Mohn Vice Chairman | 2 | $0 | |
Lindsey Palmer Secretary | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $861,012 |
| Interest on Savings | $4 |
| Dividends & Interest | $0 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $0 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $861,016 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $433,471 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $0 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $104,154 |
| Total operating and administrative expenses | $961,321 |
| Contributions, gifts, grants paid | $0 |
| Total expenses and disbursements | $961,321 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $12,737 |
| Savings and temporary cash investments | $15,045 |
| 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 | $10,304 |
| Total assets | $38,086 |
| Accounts payable and accrued expenses | $14,305 |
| 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 | $6,307 |
| Total liabilities | $20,612 |
Grants Awarded
Over the last fiscal year, J3 Foundation has awarded $12,154 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
Los Angeles, CA PURPOSE: UNDERWRITING PRESCHOOL SCHOLARSHIP | $9,654 |
SOUTHLAND COLLEGE PREP PURPOSE: SCHOLARSHIP | $2,500 |
Grants Recieved
Over the last fiscal year, we have identified 3 grants that J3 Foundation has recieved totaling $47,850.
| Awarding Organization | Amount |
|---|---|
Morgan Stanley Global Impact Funding Trust Inc Indianapolis, IN PURPOSE: UNRESTRICTED GENERAL SUPPORT | $22,500 |
Richard Allan Barry Family Charitable Foundation Los Angeles, CA PURPOSE: SUPPORT | $15,000 |
American Endowment Foundation Hudson, OH PURPOSE: HUMAN SERVICE | $10,350 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Humanity United San Francisco, CA | $82,516,947 | $35,858,577 |
Public Policy Institute Of California San Francisco, CA | $340,951,909 | $34,836,055 |
Singleton Foundation For Financial Literacy And Entrepreneurship Burbank, CA | $5,023,733 | $12,067,602 |
Draper Richards Kaplan Foundation Menlo Park, CA | $54,158,347 | $29,356,238 |
Oprah Winfrey Leadership Academy Foundation Los Angeles, CA | $17,969,443 | $12,010,898 |
Wadhwani Operating Foundation Los Altos, CA | $0 | $65,339,394 |
Henry T Nicholas Education Foundation Inc Santa Ana, CA | $712,720 | $5,509,546 |
Chinese Character A Day Foundation Huntington Beach, CA | $0 | $31,765 |
Janie And Donald Friend Foundation San Francisco, CA | $0 | $1,186,592 |
Tomkat Ranch Educational Foundation Pescadero, CA | $1,784,473 | $4,660,042 |
Pacific Research Institute For Public Policy Pasadena, CA | $22,104,229 | $7,799,578 |
Ionetix Ppe Foundation San Francisco, CA | $0 | $4,350,988 |