Jax Fam Foundation is located in Coral Gables, FL. The organization was established in 2017. According to its NTEE Classification (P20) the organization is classified as: Human Service Organizations, under the broad grouping of Human Services and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Jax Fam 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, Jax Fam Foundation generated $38.7k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 2 years, the organization has seen revenues fall by an average of (44.0%) each year. All expenses for the organization totaled $32.4k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (46.9%) per year over the past 2 years. 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
HOLD LIVE EVENTS TO GENERATE AWARENESS OF THE ORGANIZATION'S CHARITABLE PURPOSE IN THE COMMUNITY AND TO RAISE FUNDS FOR 501(C)(3) ORGANIZATIONS THAT FURTHER THE FOUNDATION'S GOALS AND PURPOSES AND PROVIDE SCHOLARSHIPS.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Jason Jackson Chairman | 0 | $0 | |
Shirelle Jackson Vice Chairma | 0 | $0 | |
Robert Georgiou Treasurer | 0 | $0 | |
Iain Page Board Member | 0 | $0 | |
Joseph Koury Board Member | 0 | $0 |
Statement of Revenue | |
---|---|
Total Revenue from Contributions, Gifts, Grants & Similar | $33,567 |
Total Program Service Revenue | $0 |
Membership dues | $0 |
Investment income | $0 |
Gain or Loss | $0 |
Net Income from Gaming & Fundraising | $5,181 |
Other Revenue | $0 |
Total Revenue | $38,748 |
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 | $0 |
Printing, publications, postage, and shipping | $0 |
Other expenses | $32,384 |
Total expenses | $32,384 |
Balance Sheet | |
---|---|
Cash, savings, and investments | $11,317 |
Other assets | $0 |
Total assets | $12,318 |
Total liabilities | $19,900 |
Net assets or fund balances | -$7,582 |
Over the last fiscal year, we have identified 1 grants that Jax Fam Foundation has recieved totaling $30,067.
Awarding Organization | Amount |
---|---|
Paypal Charitable Giving Fund Washington, DC PURPOSE: General Support | $30,067 |
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