John Martins Foundation
- Assets
- $250.1k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- North Smithfield, RI
- Founding
- 02/2017
- Data as of
- 12/2021
- EIN
- 81-1716054
Organization Overview
John Martins Foundation is located in North Smithfield, RI. The organization was established in 2017. According to its NTEE Classification (T50) the organization is classified as: Philanthropy, Charity & Voluntarism Promotion, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. John Martins 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 12/2021, John Martins Foundation generated $87.1k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 6 years, the organization has seen revenues fall by an average of (8.8%) each year. All expenses for the organization totaled $101.8k during the year ending 12/2021. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2021
Describe the Organization's Program Activity:
Part 3
RAISE MONEY TO ASSIST THOSE SUFFERING FROM LIFE-THREATENING BURNS AND EDUCATE ABOUT BURNS AND BURN PREVENTION.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Jonathan Turmel President | 10 | $0 | |
William Brown Vice-President | 10 | $0 | |
Olivia Martins Secretary | 10 | $0 | |
Melissa Jarvis Treasurer | 10 | $0 | |
Jamie Turmel Director | 10 | $0 | |
Jason Jarvis Director | 10 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $87,142 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $87,142 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $0 |
| Occupancy, rent, utilities, and maintenance | $11,339 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $22,082 |
| Total expenses | $101,821 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $249,522 |
| Other assets | $0 |
| Total assets | $250,094 |
| Total liabilities | $0 |
| Net assets or fund balances | $250,094 |
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