Jalu Foundation Inc is located in Soldiers Grove, WI. According to its NTEE Classification (X50) the organization is classified as: Buddhism, 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. Jalu 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 12/2022, Jalu Foundation Inc generated $142.7k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 2 years, the organization has seen revenues fall by an average of (69.3%) each year. All expenses for the organization totaled $120.8k during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
PROVIDE TEACHING AND GROUP PRACTICES IN THE TRADITIONAL TIBETAN TRADITION, AND CREATE A RETREAT SPACE FOR SUCH TEACHINGS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
WEEKLY PRACTICE AND TEACHING SESSIONS CONSISTING OF GUIDANCE IN VARIOUS MEDITATION TECHNIQUES, BUDDHIST PHILOSOPHY AND TRADITIONAL MIND TRAINING AS WELL AS REMOTE GROUP HEALING SESSIONS.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Sandra Jayne Belen Chair | Officer | 40 | $0 |
James Willson Vice Chair | Officer | 10 | $0 |
Ruiqing Zhang Director | Officer | 2 | $0 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $0 |
Fundraising events | $0 |
Related organizations | $0 |
Government grants | $0 |
All other contributions, gifts, grants, and similar amounts not included above | $125,063 |
Noncash contributions included in lines 1a–1f | $92,076 |
Total Revenue from Contributions, Gifts, Grants & Similar | $125,063 |
Total Program Service Revenue | $17,606 |
Investment income | $18 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $0 |
Net Gain/Loss on Asset Sales | $0 |
Net Income from Fundraising Events | $0 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $0 |
Miscellaneous Revenue | $0 |
Total Revenue | $142,687 |
Statement of Expenses | |
---|---|
Grants and other assistance to domestic organizations and domestic governments. | $0 |
Grants and other assistance to domestic individuals. | $0 |
Grants and other assistance to Foreign Orgs/Individuals | $0 |
Benefits paid to or for members | $0 |
Compensation of current officers, directors, key employees. | $0 |
Compensation of current officers, directors, key employees. | $0 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $0 |
Pension plan accruals and contributions | $0 |
Other employee benefits | $0 |
Payroll taxes | $0 |
Fees for services: Management | $0 |
Fees for services: Legal | $317 |
Fees for services: Accounting | $2,525 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $308 |
Advertising and promotion | $218 |
Office expenses | $10,150 |
Information technology | $643 |
Royalties | $0 |
Occupancy | $24,118 |
Travel | $3,055 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $0 |
Interest | $40,022 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $1,849 |
Insurance | $5,749 |
All other expenses | $0 |
Total functional expenses | $120,838 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $397,877 |
Savings and temporary cash investments | $0 |
Pledges and grants receivable | $0 |
Accounts receivable, net | $0 |
Loans from Officers, Directors, or Controlling Persons | $0 |
Loans from Disqualified Persons | $0 |
Notes and loans receivable | $0 |
Inventories for sale or use | $0 |
Prepaid expenses and deferred charges | $0 |
Net Land, buildings, and equipment | $2,457,994 |
Investments—publicly traded securities | $0 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $0 |
Total assets | $2,855,871 |
Accounts payable and accrued expenses | $0 |
Grants payable | $0 |
Deferred revenue | $0 |
Tax-exempt bond liabilities | $0 |
Escrow or custodial account liability | $0 |
Loans and other payables to any current Officer, Director, or Controlling Person | $1,403,200 |
Secured mortgages and notes payable | $0 |
Unsecured mortgages and notes payable | $0 |
Other liabilities | $0 |
Total liabilities | $1,403,200 |
Net assets without donor restrictions | $1,452,671 |
Net assets with donor restrictions | $0 |
Capital stock or trust principal, or current funds | $0 |
Paid-in or capital surplus, or land, building, or equipment fund | $0 |
Retained earnings, endowment, accumulated income, or other funds | $1,452,671 |
Total liabilities and net assets/fund balances | $2,855,871 |