Netjets Family Foundation

Organization Overview

Netjets Family Foundation is located in Columbus, OH. The organization was established in 2008. According to its NTEE Classification (M20) the organization is classified as: Disaster Preparedness & Relief Services, under the broad grouping of Public Safety, Disaster Preparedness & Relief and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Netjets Family 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 12/2023, Netjets Family Foundation generated $75.1k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 9 years, the organization has seen revenues fall by an average of (17.9%) each year. All expenses for the organization totaled $104.6k during the year ending 12/2023. As we would expect to see with falling revenues, expenses have declined by (12.1%) per year over the past 9 years. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2023

Describe the Organization's Mission:

Part 3 - Line 1

SEE SCHEDULE O

Describe the Organization's Program Activity:

Part 3 - Line 4a

PROVIDE ASSISTANCE TO CURRENT, FUTURE AND RECENTLY SEPARATED EMPLOYEES OF NETJETS INC. AND ITS SUBSIDIARY CORPORATIONS FOR THE PURPOSE OF DISASTER RELIEF AND OTHER QUALIFIED HARDSHIPS.


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Board, Officers & Key Employees

Name (title)Compensation
Jason Layman
Director/board Chair
$0
Robert Mcincrow
Director/secretary
$0
Heather Noggle
Director/treasurer
$0
Julie Grunenwald
Director
$0
Tom Schaner
Director
$0
Andrew Turocy
Director
$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$75,120
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$75,120
Total Program Service Revenue$0
Investment income $3
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
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 $75,123

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