Jones College Inc
- Assets
- $3.9m
- Revenue
- $47.5k
- Investments
- $0.0
- Employees
- 159
- Location
- Jacksonville, FL
- Founding
- 02/1951
- Data as of
- 06/2018
- EIN
- 59-0587238
Organization Overview
Jones College Inc is located in Jacksonville, FL. The organization was established in 1951. As of 06/2015, Jones College Inc employed 159 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Jones College 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 06/2018, Jones College Inc generated $47.5k 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 (70.3%) each year. All expenses for the organization totaled $1.1m during the year ending 06/2018. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2018
Describe the Organization's Mission:
Part 3 - Line 1
COLLEGE-HIGHER EDUCATION
Describe the Organization's Program Activity:
Part 3 - Line 4a
OPERATES AN EDUCATIONAL INSTITUTION GRANTING BACHELOR AND ASSOCIATES DEGREES IN BUSINESS, COMPUTERS, MEDICAL AND OTHER AREAS. APPROXIMATELY 440 STUDENTS ARE CURRENTLY ENROLLED.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Dorothy D Jones Pres/trustee | OfficerTrustee | 38 | $93,160 |
Dee Thornton Ex Officio M | Trustee | 1 | $72,765 |
Katherine Dane Tres/trustee | OfficerTrustee | 38 | $54,332 |
Mary Barber Trustee | Trustee | 38 | $48,708 |
Kathleen Gerding Sec/trustee | OfficerTrustee | 38 | $46,060 |
Cheryl Wrobleski Trustee | Trustee | 38 | $43,586 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $6,037 |
| Investment income | $1,487 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | -$102,366 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $47,456 |
| Statement of Expenses | |
|---|---|
| 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. | $325,666 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $185,144 |
| Pension plan accruals and contributions | $14,385 |
| Other employee benefits | $0 |
| Payroll taxes | $42,598 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $42,968 |
| Fees for services: Accounting | $30,911 |
| 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 | $7,889 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $9,424 |
| 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 | $153,118 |
| Insurance | $119,390 |
| All other expenses | $19,061 |
| Total functional expenses | $1,077,310 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $300,506 |
| Savings and temporary cash investments | $437,357 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $112,654 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $39,661 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $6,262 |
| Total assets | $3,930,525 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| 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 | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $17,687 |
| Total liabilities | $60,121 |
| Net assets without donor restrictions | $3,870,404 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Total liabilities and net assets/fund balances | $3,870,404 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Jones College Inc has recieved totaling $40,000.
| Awarding Organization | Amount |
|---|---|
Womens Foundation Of Mississippi Jackson, MS PURPOSE: COMMUNITY COLLEGE/UNIVERSITY HEALTHCARE WORKFORCE | $40,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Jackson Academy Inc Jackson, MS | $38,072,523 | $26,664,882 |
Webber International University Inc Babson Park, FL | $22,918,487 | $19,317,100 |
Emory University Decatur, GA | $5,794,825 | $19,416,810 |
Ave Maria School Of Law Naples, FL | $21,394,119 | $23,155,503 |
Ashley Hall Foundation Charleston, SC | $53,552,404 | $18,962,378 |
Duke Corporate Education Durham, NC | $27,489,390 | $18,675,614 |
Canterbury School Corporation Fort Myers, FL | $32,236,169 | $23,638,435 |
Trinity School Inc Atlanta, GA | $133,203,671 | $25,058,941 |
Fayetteville Area Health Education Foundation Inc Fayetteville, NC | $34,117,990 | $20,916,685 |
Mississippi Community Education Center Jackson, MS | $16,617,573 | $26,875,315 |
Miami Dade College Foundation Inc Miami, FL | $203,072,980 | $26,102,618 |
Wake County Smartstart Raleigh, NC | $3,415,796 | $19,658,248 |