Bifrost Cjmjj Charitable Trust
- Assets
- $217.8k
- Revenue
- $8.4k
- Investments
- $164.3k
- Employees
- 0
- Location
- Lakewood, CO
- Founding
- 05/2018
- Data as of
- 12/2023
- EIN
- 82-3705768
Organization Overview
Bifrost Cjmjj Charitable Trust is located in Lakewood, CO. The organization was established in 2018. According to its NTEE Classification (T20) the organization is classified as: Private Grantmaking Foundations, 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. Bifrost Cjmjj Charitable Trust 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, Bifrost Cjmjj Charitable Trust generated $8.4k in total revenue. This represents relatively stable growth, over the past 5 years the organization has increased revenue by an average of 7.3% each year. All expenses for the organization totaled $12.5k during the year ending 12/2023. While expenses have increased by 8.0% per year over the past 5 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Cori Johnson Trustee | 3 | $0 | |
Alvin Jansen Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $8,422 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $0 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $8,422 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $192 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $0 |
| Total operating and administrative expenses | $542 |
| Contributions, gifts, grants paid | $12,000 |
| Total expenses and disbursements | $12,542 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $629 |
| Savings and temporary cash investments | $52,869 |
| Net Accounts receivable | $0 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $0 |
| Net other notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $0 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $217,838 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
Grants Awarded
Over the last fiscal year, Bifrost Cjmjj Charitable Trust has awarded $12,000 in support to 6 organizations.
| Grant Recipient | Amount |
|---|---|
VALLEY STATE UNIVERSITY PURPOSE: TO SUPPORT SCHOLARSHIPS FOR TEACHERS | $5,000 |
DOUGLAS COUNTY LIBRARY FRIENDS PURPOSE: BOOK KITS FOR ASSISTED LIVING CLIENTS | $1,000 |
CENTRAL LAKES CONCERT ASSOCIATION PURPOSE: SUPPORT PROGRAMMING | $3,000 |
LETS GO FISHING ALEXANDRIA PURPOSE: FISHING EXCURSIONS FOR DISADVANTAGED KIDS | $1,000 |
SOMEPLACE SAFE PURPOSE: SUPPORT FOR BATTERED WOMEN | $1,000 |
NATIONAL MS SOCIETY PURPOSE: TO SUPPORT PROGAMMING | $1,000 |