Livelikejohnny Foundation
- Assets
- $244.9k
- Revenue
- $65.4k
- Investments
- $172.6k
- Employees
- 0
- Location
- Jacksboro, TX
- Founding
- 09/2017
- Data as of
- 12/2022
- EIN
- 81-4575199
Organization Overview
Livelikejohnny Foundation is located in Jacksboro, TX. The organization was established in 2017. According to its NTEE Classification (O12) the organization is classified as: Fund Raising & Fund Distribution, under the broad grouping of Youth Development and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Livelikejohnny 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 12/2022, Livelikejohnny Foundation generated $65.4k 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 (10.8%) each year. All expenses for the organization totaled $73.9k during the year ending 12/2022. 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
2022
Describe the Organization's Mission:
Part 3 - Line 1
THE LIVELIKEJOHNNY ORGANIZATION SUPPORTS THE ENGAGEMENT OF AT-RISK, UNDERSERVED AND OFTEN TIMES OVERLOOKED YOUNG PEPOLE WHO HAVE A POTENTIAL FOR PERSONAL AND PROFESSIONAL SUCCESS. OUR FAITH-BASED APPROACH IS DESIGNED TO IGNITE THE PASSION FOR LIVING AN EXTRAORDINARY LIFE... JUST LIKE JOHNNY.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THROUGH SCHOLARSHIPS WE INVEST IN YOUNG ADULTS WHO DESIRE TO FURTHER THEIR EDUCATION AFTER GRADUATION FROM HIGH SCHOOL BUT MAY NOT HAVE THE MEANS TO DO SO. AT RISK AND UNDERSERVED STUDENTS MAY APPLY FOR A ONE-TIME SCHOLARSHIP TO ASSIST IN THE NEXT STEP OF THEIR EDUCATION JOURNEY. BY INVESTING IN THESE STUDENTS, WE HOPE TO GIVE THEM THE TOOLS TO INVEST IN THEIR FUTURE AND ACHIEVE THEIR POTENTIAL FOR PERSONAL AND PROFESSIONAL SUCCESS.
THE JACKETS FOR JOHNNY PROGRAM GIVES THE GIFT OF THE LEGENDARY FFA BLUE JACKET TO STUDENTS WHO ARE NOT ABLE TO AFFORD IT. THE FFA PROGRAM FOR STUDENTS INTERESTED IN AGRICULTURE AND LEADERSHIP WAS CLOSE TO JOHNNY'S HEART. THE ICONIC BLUE FFA JACKET CARRIES SIGNIFICANT VALUE AND RESPECT, A SOURCE OF COMMUNITY AND PRIDE. THROUGH THIS PROGRAM, WE GIVE FFA MEMBERS THE CHANCE TO WEAR A PIECE OF HISTORY AND EXPERIENCE THE PRIDE OF WEARING THEIR OWN BLUE JACKET.
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 |
|---|---|---|---|
Loren Sell Chairman | OfficerTrustee | 1 | $0 |
Kevin Thomas Director | Trustee | 1 | $0 |
Brandon Sisson Director | Trustee | 1 | $0 |
Aaron Alejandro Director | Trustee | 1 | $0 |
Michele Martin Secretary | OfficerTrustee | 1 | $0 |
Lindsay Taylor Director | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $49,335 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $7,550 |
| Noncash contributions included in lines 1a–1f | $22,605 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $56,885 |
| Total Program Service Revenue | $0 |
| Investment income | $5,105 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | -$11,093 |
| Net Income from Fundraising Events | $17,526 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | -$3,012 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $65,411 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $11,500 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $18,000 |
| Compensation of current officers, directors, key employees. | $18,000 |
| 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 | $3,125 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $16,216 |
| Office expenses | $8,004 |
| 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 | $549 |
| All other expenses | $0 |
| Total functional expenses | $73,920 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $71,952 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $280 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $172,626 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $244,858 |
| 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 | $0 |
| Total liabilities | $0 |
| Net assets without donor restrictions | $244,858 |
| 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 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $244,858 |