Jamjomar Cares Foundation
- Assets
- $391.0
- Revenue
- $10.6k
- Investments
- $0.0
- Employees
- 0
- Location
- Detroit, MI
- Founding
- 03/2019
- Data as of
- 12/2020
- EIN
- 82-3892625
Organization Overview
Jamjomar Cares Foundation is located in Detroit, MI. The organization was established in 2019. According to its NTEE Classification (T30) the organization is classified as: Public 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. Jamjomar Cares 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 12/2020, Jamjomar Cares Foundation generated $10.6k 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 (15.1%) each year. All expenses for the organization totaled $11.3k during the year ending 12/2020. As we would expect to see with falling revenues, expenses have declined by (9.3%) per year over the past 2 years. You can explore the organizations financials more deeply in the financial statements section below.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
James Thrower President | 1 | $0 | |
Marla D Thrower Treasurer | 1 | $0 | |
Joni M Thrower Secretary | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $10,617 |
| Interest on Savings | $0 |
| Dividends & Interest | $0 |
| 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 | $10,617 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $0 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $1,628 |
| Total operating and administrative expenses | $1,628 |
| Contributions, gifts, grants paid | $9,700 |
| Total expenses and disbursements | $11,328 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $391 |
| Savings and temporary cash investments | $0 |
| 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 | $391 |
| 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, Jamjomar Cares Foundation has awarded $12,800 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
VARIOUS 501C(3) ORGANIZATIONS PURPOSE: ASSISTANCE FOR THE NEEDY | $11,800 |
Detroit, MI PURPOSE: PROGRAM ASSISTANCE FOR THE NEEDY | $1,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Comerica Charitable Tr Detroit, MI | $75,789,432 | $13,296,605 |
New Albany Community Foundation New Albany, OH | $19,894,351 | $7,914,986 |
Porter County Government Charitable Nonprofit Foundation Inc Valparaiso, IN | $195,277,590 | $7,720,193 |
The Wayne And Joan Webber Foundation Clinton Township, MI | $34,958,708 | $9,275,748 |
United Way Of Greater Stark County Inc Canton, OH | $15,976,372 | $6,358,831 |
Steve Stricker American Family Insurance Foundation Inc Madison, WI | $5,745,517 | $4,719,862 |
Licking County Foundation Newark, OH | $148,770,755 | $12,459,784 |
Hope Gospel Mission Inc Eau Claire, WI | $10,860,307 | $6,194,588 |
Detroit Childrens Fund Detroit, MI | $4,764,612 | $6,678,705 |
Foundations Of East Chicago Inc East Chicago, IN | $37,687,185 | $5,519,397 |
Sisters Of Charity Foundation Of South Carolina Cleveland, OH | $112,898,417 | $3,663,141 |
Kiwanis International Foundation Inc Indianapolis, IN | $18,583,899 | $3,595,306 |