Cactus Jack Foundation Inc
- Assets
- $454.5k
- Revenue
- $1.1m
- Investments
- $0.0
- Employees
- 0
- Location
- Los Angeles, CA
- Founding
- Data as of
- 12/2021
- EIN
- 85-3607550
Organization Overview
Cactus Jack Foundation Inc is located in Los Angeles, CA. According to its NTEE Classification (T22) the organization is classified as: Private Independent 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. Cactus Jack 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, Cactus Jack Foundation Inc generated $1.1m in total revenue. This organization has experienced exceptional growth, as over the past 2 years, it has increased revenue by an average of 48.6% each year . All expenses for the organization totaled $766.3k during the year ending 12/2021. While expenses have increased by 55.1% per year over the past 2 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
2021
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE FOUNDATION PARTNERED WITH THE CITY OF HOUSTON, TEXAS TO PROVIDE A WINTER RELIEF DRIVE FOR THE AREA. OVER 1,000 FAMILIES RECEIVED FRESH PRODUCE, CANNED FOOD, WATER, MASKS, AND PPE GEAR.
THE FOUNDATION HOSTS AN ANNUAL CHRISTMAS TOY DRIVE IN THE HOUSTON, TEXAS AREA. IN 2021 THE FOUNDATION DISTRIBUTED MORE THAN 5,000 TOYS FOR CHILDREN AROUND HOUSTON.
THE FOUNDATION UNVEILED CACTUS JACK GARDENS AT YOUNG ELEMENTARY SCHOOL IN HOUSTON, TEXAS THAT WILL INTRODUCE STUDENTS TO LEARNING RELATED TO AGRICULTURE, FOOD, NUTRITION, AND ENTREPRENEURSHIP.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Jacques Webster II President/director | 1 | $0 | |
Wanda Webster Secretary/director | 5 | $0 | |
David Stromberg Director | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $1,059,527 |
| 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 | $1,059,527 |
| 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 | $3,818 |
| Printing and publications | $0 |
| Other expenses | $409,810 |
| Total operating and administrative expenses | $516,293 |
| Contributions, gifts, grants paid | $250,000 |
| Total expenses and disbursements | $766,293 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $439,009 |
| 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 | $15,530 |
| Total assets | $454,539 |
| 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, Cactus Jack Foundation Inc has awarded $250,000 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
Washington, DC PURPOSE: THE WAYMON WEBSTER SCHOLARSHIP | $150,000 |
HOUSTON HEALTH FOUNDATION PURPOSE: TO PROVIDE RELIEF TO HOUSTON RESIDENTS THAT WERE IMPACTED BY THE WINTER STORM | $100,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
W M Keck Foundation Los Angeles, CA | $1,878,594,082 | $132,529,748 |
Conrad Prebys Foundation San Diego, CA | $0 | $206,775,032 |
Jay And Rose Phillips Family Foundation Of California San Francisco, CA | $0 | $58,236 |
Jay And Rose Phillips Family Foundation Of Colorado Redwood City, CA | $0 | -$205,157 |
Henry J Kaiser Family Foundation San Francisco, CA | $1,103,580,994 | $111,004,070 |
The Ahmanson Foundation Beverly Hills, CA | $0 | $54,356,398 |
Charles Huang Foundation Pasadena, CA | $65,868,960 | $116,144,816 |
Weingart Foundation Los Angeles, CA | $0 | $30,569,267 |
Engelstad Fam Foundation Las Vegas, NV | $835,390,513 | $95,367,626 |
Price Philanthropies Foundation La Jolla, CA | $497,968,777 | $37,892,208 |
Kavli Foundation Los Angeles, CA | $672,190,947 | $63,900,227 |
Oprah Winfrey Charitable Foundation Los Angeles, CA | $244,908,730 | $15,499,605 |