Jlv Family Foundation is located in League City, TX. 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. Jlv Family 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, Jlv Family Foundation generated $49.6k in total revenue. All expenses for the organization totaled $42.9k during the year ending 12/2023. While expenses have increased by 1096.9% per year over the past 3 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
CLOTHING DISBURSEMENT TO CHILDREN AT GOLDEN ACRES ELEMENTARY AND SPARKS ELEMENTARY
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Vicki Lilly Tallman Pres | 2 | $0 | |
Linda Waters Sec | 1 | $0 | |
Jessica Marr Member | 0 | $0 |
Statement of Revenue | |
---|---|
Contributions, Gifts, Grants & Similar | $49,500 |
Interest on Savings | $122 |
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 | $49,622 |
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 | $0 |
Printing and publications | $0 |
Other expenses | $0 |
Total operating and administrative expenses | $0 |
Contributions, gifts, grants paid | $42,868 |
Total expenses and disbursements | $42,868 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $0 |
Savings and temporary cash investments | $11,890 |
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 | $20,579 |
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 | $32,469 |
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, Jlv Family Foundation has awarded $42,868 in support to 9 organizations.
Grant Recipient | Amount |
---|---|
GOLDEN ACRES ELEMENTARY PURPOSE: CLOTHING FOR SCHOOL CHILDREN | $13,184 |
VICTOR LOPEZ PURPOSE: COLLEGE SCHOLARSHIP | $2,500 |
SPARKS ELEMENTARY PURPOSE: CLOTHING FOR SCHOOL CHILDREN | $13,184 |
OLUFUNMILAYO TALABI PURPOSE: COLLEGE SCHOLARSHIP | $2,500 |
INGRID SANCHEZ PURPOSE: COLLEGE SCHOLARSHIP | $2,500 |
JONATHAN PICHE PURPOSE: COLLEGE SCHOLARSHIP | $1,500 |