Hermiston Junior Academy Foundation
- Assets
- $449.5k
- Revenue
- $73.1k
- Investments
- $75.0k
- Employees
- 0
- Location
- Hermiston, OR
- Founding
- 06/2015
- Data as of
- 06/2023
- EIN
- 47-2594859
Organization Overview
Hermiston Junior Academy Foundation is located in Hermiston, OR. The organization was established in 2015. According to its NTEE Classification (B11) the organization is classified as: Single Organization Support, under the broad grouping of Education and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Hermiston Junior Academy 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 06/2023, Hermiston Junior Academy Foundation generated $73.1k in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 6.7% each year. All expenses for the organization totaled $109.8k during the year ending 06/2023. 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
2023
Describe the Organization's Mission:
Part 3 - Line 1
TO ESTABLISH AND FOSTER AN ENDOWMENT AND TO RECEIVE OTHER GIFTS FOR THE BENEFIT OF THE STUDENTS, STAFF, AND COMMUNITY OF THE HERMISTON JUNIOR ACADEMY, AND IN FURTHERANCE OF THE ACADEMY'S CHRIST-CENTERED, LIFE- TRANSFORMING EDUCATION.
Describe the Organization's Program Activity:
Part 3 - Line 4a
PROVIDE SCHOLARSHIPS TO FAMILIES WHO DESIRE CHRISTIAN EDUCATION BUT DO NOT HAVE MEANS.
PROVIDE CAPITAL GRANTS TO HERMISTON JUNIOR ACADEMY.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Doug Flaiz Director | 0 | $0 | |
Carman Roberts Treasurer | 0 | $0 | |
Guy Oltman President | 0 | $0 | |
Claudia Flaiz Secretary | 0 | $0 | |
Randy Randall Vice Preside | 0 | $0 | |
Dale Rincker Director | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $3,000 |
| Interest on Savings | $0 |
| Dividends & Interest | $0 |
| Net Rental Income | $23,256 |
| 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 | $12,478 |
| Total Revenue | $73,098 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $25,734 |
| Depreciation | $11,559 |
| Occupancy | $22,805 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $230 |
| Total operating and administrative expenses | $64,128 |
| Contributions, gifts, grants paid | $45,685 |
| Total expenses and disbursements | $109,813 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $19,860 |
| Savings and temporary cash investments | $9,075 |
| 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 | $1,240 |
| Prepaid expenses and deferred charges | $0 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $75,038 |
| Net Land, buildings, and equipment | $344,299 |
| Other assets | $0 |
| Total assets | $449,512 |
| 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 | $0 |
| Total liabilities | $0 |
Grants Awarded
Over the last fiscal year, Hermiston Junior Academy Foundation has awarded $17,551 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
HERMISTON JUNIOR ACADEMY | | | $6,565 |
HERMISTON JUNIOR ACADEMY | | | $10,986 |