Just One Idea Inc
- Assets
- $705.7k
- Revenue
- $12.1k
- Investments
- $0.0
- Employees
- 0
- Location
- Newport Beach, CA
- Founding
- 03/2019
- Data as of
- 12/2021
- EIN
- 83-0998408
Organization Overview
Just One Idea Inc is located in Newport Beach, CA. The organization was established in 2019. According to its NTEE Classification (T23) the organization is classified as: Private Operating 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. Just One Idea Inc 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, Just One Idea Inc generated $12.1k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 3 years, the organization has seen revenues fall by an average of (74.4%) each year. All expenses for the organization totaled $17.8k during the year ending 12/2021. You can explore the organizations financials more deeply in the financial statements section below.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2021
Describe the Organization's Program Activity:
Part 3 - Line 4a
A HOME HAS BEEN ACQUIRED AND PROVIDED VIA A LEASE WITHOUT COST AS A SAFE LIVING PLACE FOR THOSE WOMEN AND CHILDREN WHO HAVE BEEN VICTIMS OF ABUSE, INCLUDING, FOR EXAMPLE, IN THE SEX TRADE; RELIEF FOR THE POOR, THE HOMELESS, THE DISTRESSED, OR THE UNDERPRIVILEGED. THE SALVATION ARMY IS PAYING THE OPERATING EXPENSES OF RUNNING THE HOME THEY LEASED WITHOUT COST FROM JUST ONE IDEA, INC.
RELIEF FOR THE UNDERPRIVILEGED
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Harry N Herbert President | 1 | $0 | |
Jacob Herbert Secretary | 1 | $0 | |
Ginney Herbert Treasurer | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $12,100 |
| 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 | $12,100 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $13,431 |
| Depreciation | $4,287 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $40 |
| Total operating and administrative expenses | $17,758 |
| Contributions, gifts, grants paid | $0 |
| Total expenses and disbursements | $17,758 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $199 |
| Savings and temporary cash investments | $100 |
| 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 | $705,390 |
| Other assets | $0 |
| Total assets | $705,689 |
| 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 |
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