Jobar Foundation
- Assets
- $532.4k
- Revenue
- $16.4k
- Investments
- $532.4k
- Employees
- 0
- Location
- Crested Butte, CO
- Founding
- 05/1962
- Data as of
- 12/2021
- EIN
- 22-6033089
Organization Overview
Jobar Foundation is located in Crested Butte, CO. The organization was established in 1962. According to its NTEE Classification (J12) the organization is classified as: Fund Raising & Fund Distribution, under the broad grouping of Employment and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Jobar 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 12/2021, Jobar Foundation generated $16.4k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (20.5%) each year. All expenses for the organization totaled $11.3k during the year ending 12/2021. You can explore the organizations financials more deeply in the financial statements section below.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Barbara Benisch Secretary/treasurer | 2 | $0 | |
Joel Benisch President | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $11,000 |
| Interest on Savings | $0 |
| Dividends & Interest | $5,408 |
| 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 | $16,408 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $252 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $0 |
| Total operating and administrative expenses | $252 |
| Contributions, gifts, grants paid | $11,000 |
| Total expenses and disbursements | $11,252 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| 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 | $509,514 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $532,378 |
| 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, Jobar Foundation has awarded $21,651 in support to 9 organizations.
| Grant Recipient | Amount |
|---|---|
CRESTED BUTTE CENTER FOR THE ARTS PURPOSE: CAPITAL CAMPAIGN | $10,000 |
Asheville, NC PURPOSE: CHARITABLE | $2,901 |
BRIGHAM AND WOMEN'S HOSPITAL PURPOSE: CHARITABLE | $2,000 |
New York, NY PURPOSE: CHARITABLE | $1,500 |
Crested Butte, CO PURPOSE: CHARITABLE | $1,500 |
Denver, CO PURPOSE: CHARITABLE SUPPORT | $1,500 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Cars For Charity Inc Denver, CO | $33,978 | $4,006,332 |
Utah Small Business Loan Fund Millcreek, UT | $3,381,453 | $1,064,218 |
Mc-1 Foundation Golden, CO | $111,917 | $0 |
Jobar Foundation Crested Butte, CO | $532,378 | $16,408 |
55 Medical Group Booster Club Offutt AFB, NE | $2,581 | $11,183 |
Labor United Inc Omaha, NE | $1,444 | $0 |