Greater Waldorf Jaycees Foundation Inc
- Assets
- $2.4m
- Revenue
- $275.0k
- Investments
- $0.0
- Employees
- 25
- Location
- Waldorf, MD
- Founding
- 01/1990
- Data as of
- 12/2021
- EIN
- 52-1344281
Organization Overview
Greater Waldorf Jaycees Foundation Inc is located in Waldorf, MD. The organization was established in 1990. According to its NTEE Classification (T22) the organization is classified as: Private Independent Foundations, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. As of 12/2021, Greater Waldorf Jaycees Foundation Inc employed 25 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Greater Waldorf Jaycees 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 12/2021, Greater Waldorf Jaycees Foundation Inc generated $275.0k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (11.1%) each year. All expenses for the organization totaled $202.0k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (14.9%) per year over the past 7 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990T
Mission & Program ActivityExcerpts From the 990T Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
SEE ATTACHED
Describe the Organization's Program Activity:
THE GREATER WALDORF JAYCEE FOUNDATION, INC. RAISES FUNDS THROUGH SEVERAL FUNDRAISING EFFORTS; BINGO AND CATERING. IN 1992 THE FOUNDATION CONSTRUCTED A NEW COMMUNITY CENTER IN WALDORF, MARYLAND FROM WHICH IT CONDUCTS ALL OF ITS ACTIVITIES. THE CENTER WAS EXPANDED SEVERAL TIMES SINCE. THIS COMMUNITY CENTER PROVIDES A COST-FREE MEETING PLACE FOR MANY COMMUNITY ORGANIZATIONS SUCH AS SENIOR CITIZENS GROUPS, DISABLED CITIZENS, TOWN HALL MEETINGS, POLITICAL AND EDUCATIONAL FORUMS, AS WELL AS THE ACTIVITIES OF THE LOCAL JAYCEE CHAPTER. THE BUILDING ALSO PROVIDES LARGE AREAS FOR THE FOUNDATION'S BINGO, AND CATERING FUNTIONS. OFFICERS AND DIRECTORS RECEIVE NO COMPENSATION FOR THEIR SERVICES. IN 2009 THE FOUNDATION BROUGHT INTO ITS SCOPE OF ACTIVITIES ANOTHER ENTITY VIA A MERGER. THIS ENTITY, JAYCEE HOUSING FOR THE ELDERLY, INC., HAD FUNCTIONED AS A SEPARATE CORPORATION RENTING SUBSIDIZED HOUSING TO SENIOR CITIZENS. THIS ACTIVITY WAS ALWAYS A FOCUS OF THE FOUNDATION AND WAS SUPPORTED AND MANAGED BY THE FOUNDATION AS A PART OF ITS ONGOING EFFORT WITH SENIOR CITIZEN ACTIVITIES. THE JAYCEE HOUSING FOR THE ELDERLY OPERATIONS ARE INCLUDED IN THIS RETURN.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Iris Garay Catering Chef | Officer | 40 | $37,115 |
Owen Day Property Manager | Officer | 40 | $36,400 |
Deana Zelaya Catering Coordinator | Officer | 40 | $16,474 |
Kevin Wedding President | Officer | 10 | $0 |
John O'hara Vice President | Officer | 10 | $0 |
Gina Markovich Secretary & Treasurer | Officer | 10 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $0 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $2,772 |
| Investment income | $3,890 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $3,000 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $590,003 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $274,966 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $201,950 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $0 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $0 |
| All other expenses | $0 |
| Total functional expenses | $201,950 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $617,533 |
| Savings and temporary cash investments | $415,034 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $10,082 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $2,000 |
| Prepaid expenses and deferred charges | $23,337 |
| Net Land, buildings, and equipment | $1,299,281 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $2,957 |
| Other assets | $0 |
| Total assets | $2,370,224 |
| Accounts payable and accrued expenses | $21,741 |
| Grants payable | $0 |
| Deferred revenue | $11,290 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $348,079 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $381,110 |
| Net assets without donor restrictions | $0 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $1,989,114 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $2,370,224 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Diana Davis Spencer Foundation Bethesda, MD | $1,510,145,435 | $31,448,274 |
Davis Family Foundation Hanover, MD | $1,302,672,743 | $64,475,559 |
Bedford Falls Foundation C/O Joanne Barkett Conway Washington, DC | $61,666,880 | $84,617,094 |
The Rosser Foundation A Pure Charitable Trust And Public Charit Hampton, VA | $12,195,900 | $36,359,396 |
Walder Family Foundation Wilmington, DE | $215,951,796 | $11,130,940 |
Maguire Foundation West Conshohocken, PA | $0 | $10,846,953 |
Mabel Pew Myrin Trust Philadelphia, PA | $417,886,148 | $39,075,922 |
Max Stenbeck Foundation Wilmington, DE | $3,203,232 | $39,728,528 |
Neubauer Family Foundation Philadelphia, PA | $348,008,962 | $28,614,405 |
Quantitative Foundation Philadelphia, PA | $101,541,098 | -$10,401,387 |
Wallace Global Fund Ii Washington, DC | $136,169,792 | $23,961,855 |
J N Pew Jr Charitable Trust Philadelphia, PA | $309,649,040 | $25,152,087 |