Djfm Foundation is located in San Jose, CA. The organization was established in 2006. According to its NTEE Classification (T21) the organization is classified as: Corporate 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. Djfm 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 04/2024, Djfm Foundation generated $54.7k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 7.8% each year. All expenses for the organization totaled $38.8k during the year ending 04/2024. While expenses have increased by 11.0% per year over the past 7 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.
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Jane Z Young Secretary | 10 | $0 | |
Ming Jin President & CEO | 10 | $0 | |
Daniel Jin Director | 5 | $0 |
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $3,171 |
| Net Rental Income | $29,774 |
| Net Gain on Sale of Assets | $310 |
| Capital Gain Net Income | $310 |
| Net ST Capital Gain | $310 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $54,671 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $525 |
| Depreciation | $5,484 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $18,070 |
| Total operating and administrative expenses | $24,079 |
| Contributions, gifts, grants paid | $14,700 |
| Total expenses and disbursements | $38,779 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $44,664 |
| Savings and temporary cash investments | $0 |
| Net Accounts receivable | $117 |
| 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 | $151,344 |
| Investments—mortgage loans | $0 |
| Investments—other | $106,260 |
| Net Land, buildings, and equipment | $983 |
| Other assets | $0 |
| Total assets | $593,445 |
| 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 | $264 |
| Total liabilities | $264 |
Over the last fiscal year, Djfm Foundation has awarded $20,500 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
FORERUNNER CHRISTIAN CHURCH PURPOSE: TO WALK IN AUTHORITY AND FULL PARTNERSHIP WITH THE SPIRIT TO LOVE GOD AND TRANSFORM LIVES AND COMMUNITIES IN PREPARATION FOR JESUS RETURN. | $20,000 |
HERALD FAMILY REBUILDING CENTER PURPOSE: TO RESTORE THEIR FAMILY RELATIONSHIPS. WE EMPOWER SINGLE-PARENT FAMILIES TO OVERCOME THEIR POST-DIVORCE STRUGGLES. HFRC ADVOCATES FAMILY VALUES AND PROMOTES PREVENTIVE EFFORT TO PROTECT AND FOSTER FAMILY UNITY. | $500 |