Jermi Foundation Inc is located in Lynchburg, VA. According to its NTEE Classification (X20) the organization is classified as: Christianity, under the broad grouping of Religion-Related and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Jermi 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 12/2021, Jermi Foundation Inc generated $112.3k in total revenue.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2021
Describe the Organization's Program Activity:
Part 3
THE SPECIFIC PURPOSE FOR WHICH THE CORPORATION IS INITITALLY ORGANZIED IS TO ESTABLISH AND OVERSEE PLACES OF WORSHIP, CONDUCT THE WORK OF EVANGELISM, CREATE DEPARTMENTS NECESSARY TO SUPPORT MISSIONARY ACTIVITIES, TO LICENSE AND ORDAIN MINISTERS OF THE GOSPEL AND TO ALSO ENGAGE IN ACTIVITIES WHICH ARE NECESSARY, SUITABLE OR CONVENIENT FOR THE ACCOMPLISHMENT OF THAT PURPOSE, OR WHICH ARE INCIDENTAL THERETO OR CONNECTED THEREWITH WHICH ARE CONSISTENT WITH SECTION 501(3) OF THE INTERNAL REVENUE CODE. THIS CORPORATION IS ORGANIZED AND OPERATED EXCLUSIVELY FOR RELIGIOUS PURPOSES WITHIN THE MEANING OF SECTION 501(3), INTERNAL REVENUE CODE.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Prince Arvind James Chellappa President | 20 | $18,182 | |
Annimol Kanapilly Varghese Vice President | 20 | $16,954 | |
Charles J Perry Jr Treasurer | 20 | $3,844 |
Statement of Revenue | |
---|---|
Total Revenue from Contributions, Gifts, Grants & Similar | $112,268 |
Total Program Service Revenue | $0 |
Membership dues | $0 |
Investment income | $0 |
Gain or Loss | $0 |
Net Income from Gaming & Fundraising | $0 |
Other Revenue | $0 |
Total Revenue | $112,268 |
Statement of Expenses | |
---|---|
Grants and similar amounts paid | $0 |
Benefits paid to or for members | $0 |
Salaries, other compensation, and employee benefits | $57,686 |
Professional fees and other payments to independent contractors | $0 |
Occupancy, rent, utilities, and maintenance | $0 |
Printing, publications, postage, and shipping | $0 |
Other expenses | $31,322 |
Total expenses | $89,008 |
Balance Sheet | |
---|---|
Cash, savings, and investments | $136 |
Other assets | $0 |
Total assets | $23,338 |
Total liabilities | $0 |
Net assets or fund balances | $23,338 |
Over the last fiscal year, we have identified 1 grants that Jermi Foundation Inc has recieved totaling $13,500.
Awarding Organization | Amount |
---|---|
Vanguard Charitable Endowment Program Southeastern, PA PURPOSE: FOR RECIPIENT'S EXEMPT PURPOSE | $13,500 |
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