Jcjt Foundation
- Assets
- $6.0m
- Revenue
- $2.6m
- Investments
- $3.6m
- Employees
- 0
- Location
- San Leandro, CA
- Founding
- 05/2019
- Data as of
- 12/2023
- EIN
- 83-2896087
Organization Overview
Jcjt Foundation is located in San Leandro, CA. The organization was established in 2019. According to its NTEE Classification (T99) the organization is classified as: Philanthropy, Voluntarism & Grantmaking Foundations N.E.C., 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. Jcjt 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 12/2023, Jcjt Foundation generated $2.6m in total revenue. This organization has experienced exceptional growth, as over the past 6 years, it has increased revenue by an average of 29.3% each year . All expenses for the organization totaled $252.5k during the year ending 12/2023. You can explore the organizations financials more deeply in the financial statements section below.
Since 2018, Jcjt Foundation has awarded 32 individual grants totaling $792,978. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
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 |
|---|---|---|---|
Tracy Kennedy President, Director | 0 | $0 | |
John Michael Kennedy Secretary & Treasurer | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $1,008,128 |
| Interest on Savings | $0 |
| Dividends & Interest | $89,477 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $1,504,274 |
| Capital Gain Net Income | $1,504,274 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $1,754 |
| Total Revenue | $2,603,633 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $3,902 |
| Taxes | $603 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $275 |
| Total operating and administrative expenses | $9,950 |
| Contributions, gifts, grants paid | $242,550 |
| Total expenses and disbursements | $252,500 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,611,961 |
| 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 | $850,000 |
| 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 | $6,038,516 |
| 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, Jcjt Foundation has awarded $242,550 in support to 3 organizations.
| Grant Recipient | Amount |
|---|---|
DAVIS STREET FAMILY RESOURCE CENTER PURPOSE: DONATION TO A PUBLIC CHARITY TO IMPROVE HEALTH, ADDRESS POVERTY AND INCREASE THE OVERALL QUALITY OF LIFE OF RESIDENTS IN THE EDEN AREA | $238,960 |
SAFE AND SOUND PURPOSE: DONATIONS TO A PUBLIC CHARITY TO BUILD COMMUNITIES THAT ARE RESPONSIVE TO THE NEEDS OF CHILDREN AND FAMILIES | $2,590 |
ALAMEDA COUNTY FAIR FOUNDATION PURPOSE: DONATION TO A PUBLIC CHARITY TO SUPPORT CAPITAL PROJECTS AND AGRICULTURAL EDUCATIONAL PROGRAMS | $1,000 |