Jubilee Impact Foundation
- Assets
- $1.5k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Los Angeles, CA
- Founding
- 02/2013
- Data as of
- 12/2018
- EIN
- 46-0894808
Organization Overview
Jubilee Impact Foundation is located in Los Angeles, CA. The organization was established in 2013. According to its NTEE Classification (A23) the organization is classified as: Cultural & Ethnic Awareness, under the broad grouping of Arts, Culture & Humanities and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Jubilee Impact 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 12/2018, Jubilee Impact Foundation generated $21.1k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 4 years, the organization has seen revenues fall by an average of (36.1%) each year. All expenses for the organization totaled $23.4k during the year ending 12/2018. As we would expect to see with falling revenues, expenses have declined by (40.6%) per year over the past 4 years. You can explore the organizations financials more deeply in the financial statements section below.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Jason Y Lee Co-Founder, Executive Director | 10 | $40,000 | |
Eric I Lu Board Member | 10 | $0 | |
Jason Y Lee Co-Founder, Executive Director | 10 | $40,000 | |
Eric I Lu Board Member | 10 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $7,447 |
| Total Program Service Revenue | $13,628 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $15 |
| Total Revenue | $21,090 |
| Statement of Expenses | |
|---|---|
| Total expenses | $23,381 |
| Balance Sheet | |
|---|---|
| Total assets | $1,492 |
| Total liabilities | $57,112 |
| Net assets or fund balances | -$55,620 |