Valley Jesters
- Assets
- $47.7k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- north hollywood, CA
- Founding
- 11/1973
- Data as of
- 06/2024
- EIN
- 23-7450670
Organization Overview
Valley Jesters is located in north hollywood, CA. The organization was established in 1973. According to its NTEE Classification (T90) the organization is classified as: Named Trusts 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. Valley Jesters 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 06/2024, Valley Jesters generated $29.7k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 4 years, the organization has seen revenues fall by an average of (17.9%) each year. All expenses for the organization totaled $24.7k during the year ending 06/2024. As we would expect to see with falling revenues, expenses have declined by (21.9%) per year over the past 4 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2024
Describe the Organization's Program Activity:
Part 3
ORGANIZE FUNDRAISING EVENTS TO RAISE FUNDS FOR CHARITABLE GRANTS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Irwin Mazur President | 1 | $0 | |
Ian Smith Treasurer | 1 | $0 | |
Arthur Kagen Secretary | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $63,010 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $5 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | -$33,285 |
| Other Revenue | $0 |
| Total Revenue | $29,730 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $7,250 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $2,431 |
| Total expenses | $24,681 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $47,720 |
| Other assets | $0 |
| Total assets | $47,720 |
| Total liabilities | $0 |
| Net assets or fund balances | $47,720 |
Grants Awarded
Over the last fiscal year, Valley Jesters has awarded $46,300 in support to 7 organizations.
| Grant Recipient | Amount |
|---|---|
JUVENILE DIABETES PURPOSE: EDUCATION, MEDICAL | $3,800 |
JR BLIND OF AMERICA PURPOSE: EDUCATION, MEDICAL | $23,500 |
CYSTIC FIBROSIS PURPOSE: EDUCATION, MEDICAL | $3,800 |
CHILDRENS HOSPITAL PURPOSE: EDUCATION, MEDICAL | $3,800 |
VARIETY BOYS AND GIRLS CLUB PURPOSE: EDUCATION, MEDICAL | $3,800 |
TOUR DE SUMMER CAMPS PURPOSE: EDUCATION/MEDICAL | $3,800 |