Jcw Foundation Inc is located in Alexandria, LA. The organization was established in 2019. According to its NTEE Classification (O50) the organization is classified as: Youth Development Programs, 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. Jcw Foundation 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 12/2023, Jcw Foundation Inc generated $24.7k in total revenue. All expenses for the organization totaled $7.0k during the year ending 12/2023. While expenses have increased by 241.7% 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.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2023
Describe the Organization's Program Activity:
Part 3 - Line 4a
MONEY FOR PROGRAM SCHOLARSHIPS
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Cheryl Washington President | 15 | $0 | |
Jimmy Washington Treasurer | 20 | $0 | |
Brittany Washington Secretary | 0 | $0 |
Statement of Revenue | |
---|---|
Contributions, Gifts, Grants & Similar | $10,684 |
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 | $14,053 |
Total Revenue | $24,737 |
Statement of Expenses | |
---|---|
Compensation of officers, directors, trustees, etc | $0 |
Other employee salaries and wages | $0 |
Pension plans, employee benefits | $0 |
Interest | $0 |
Taxes | $65 |
Depreciation | $0 |
Occupancy | $2,825 |
Travel, conferences, and meetings | $1,598 |
Printing and publications | $0 |
Other expenses | $0 |
Total operating and administrative expenses | $4,625 |
Contributions, gifts, grants paid | $2,365 |
Total expenses and disbursements | $6,990 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $2,548 |
Savings and temporary cash investments | $0 |
Net Accounts receivable | -$2,462 |
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 | $1,564 |
Total assets | $1,650 |
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 |
Over the last fiscal year, Jcw Foundation Inc has awarded $375 in support to 7 organizations.
Grant Recipient | Amount |
---|---|
TENIQUA GREGORY PURPOSE: SCHOLARSHIP ASSIST FOR REGISTRATION FEES | $110 |
TONYA MILLIGAN PURPOSE: SCHOLARSHIP FOR ASSIST WITH REGISTRATION | $45 |
TANEISHA LEMONS PURPOSE: SCHOLARSHIP FOR ASSIST WITH REGISTRATION | $40 |
CLARISSA PUGH PURPOSE: SCHOLARSHIP FOR ASSIST WITH REGISTRATION | $55 |
DESTINEE WILSON PURPOSE: SCHOLARSHIP FOR ASSIST WITH REGISTRATION | $55 |
JEANNE DAVIS PURPOSE: SCHOLARSHIP FOR ASSIST WITH REGISTRATION | $35 |