Joni And Friends Foundation
- Assets
- $16.6m
- Revenue
- $12.5m
- Investments
- $11.2m
- Employees
- 0
- Location
- Agoura Hills, CA
- Founding
- 11/2014
- Data as of
- 12/2021
- EIN
- 30-0815226
Organization Overview
Joni And Friends Foundation is located in Agoura Hills, CA. The organization was established in 2014. According to its NTEE Classification (Q11) the organization is classified as: Single Organization Support, under the broad grouping of International, Foreign Affairs & National Security and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Joni And Friends 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, Joni And Friends Foundation generated $12.5m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 15.1% each year . All expenses for the organization totaled $577.5k during the year ending 12/2021. While expenses have increased by 6.0% 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.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
TO SUPPORT JONI AND FRIENDS IN ITS MISSION TO SPREAD THE GOSPEL AND EQUIP CHRIST-HONORING CHURCHES.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE JONI AND FRIENDS FOUNDATION SUPPORTS JONI AND FRIENDS, AND RECEIVES, MANAGES AND DISTRIBUTES ASSETS; WHICH IN TURN, ASSISTS JONI AND FRIENDS IN CARRYING OUT AND EXECUTING ITS PROGRAMS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Laura Gardner Chairman/director | OfficerTrustee | 2 | $0 |
Lorraine Mazza Secretary Treasurer/director | OfficerTrustee | 0.5 | $0 |
Bob Brooks Vice Chairman/director | OfficerTrustee | 0.5 | $0 |
Walter Burch IV Director | Trustee | 0.5 | $0 |
Pastor Shawn Thornton Director | Trustee | 0.5 | $0 |
Bernie Mills Director | Trustee | 0.5 | $0 |
Financial Statements
| 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 | $11,220,415 |
| Noncash contributions included in lines 1a–1f | $11,110,807 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $11,220,415 |
| Total Program Service Revenue | $0 |
| Investment income | $69,049 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $639,346 |
| Net Rental Income | $497,489 |
| Net Gain/Loss on Asset Sales | $43,850 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $12,470,149 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $502,712 |
| 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 | $2,002 |
| Fees for services: Accounting | $22,850 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $17,496 |
| Fees for services: Other | $2,323 |
| Advertising and promotion | $0 |
| Office expenses | $106 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $30,000 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $0 |
| All other expenses | $0 |
| Total functional expenses | $577,489 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $4,758,156 |
| 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 | $0 |
| Investments—publicly traded securities | $651,727 |
| Investments—other securities | $11,189,795 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $16,599,678 |
| Accounts payable and accrued expenses | $98,046 |
| 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 | $1,000,000 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $1,098,046 |
| Net assets without donor restrictions | $14,011,125 |
| Net assets with donor restrictions | $1,490,507 |
| 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 | $0 |
| Total liabilities and net assets/fund balances | $16,599,678 |
Grants Awarded
Over the last fiscal year, Joni And Friends Foundation has awarded $1,377,832 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
Agoura Hills, CA PURPOSE: Donor Designated Program | $1,319,565 |
Alpharetta, GA PURPOSE: Donor designated program | $58,267 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Joni And Friends Foundation has recieved totaling $500.
| Awarding Organization | Amount |
|---|---|
The Duke Energy Foundation Charlotte, NC PURPOSE: MATCHING GIFTS | $500 |
Endowment Analysis
| Beg. Balance | $4,659,172 |
| Earnings | $168,060 |
| Net Contributions | $25,000 |
| Other Expense | $24,732 |
| Ending Balance | $4,827,500 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Iit Bombay Heritage Foundation Cupertino, CA | $11,247,779 | $5,508,477 |
Acts Of Mercy Foundation Rancho Santa Margarita, CA | $9,833,426 | $2,106,440 |
International Foundation For Korea University Inc Los Angeles, CA | $598,434 | $2,461,473 |
Spring Impact Incorporated San Francisco, CA | $945,318 | $1,392,102 |
East-West Center Foundation Honolulu, HI | $18,725,557 | $1,487,119 |
Hospital De La Familia Foundation Berkeley, CA | $3,498,616 | $942,980 |
Maranatha Volunteers International Foundation Inc Roseville, CA | $4,379,779 | $384,974 |
Joni And Friends Foundation Agoura Hills, CA | $16,599,678 | $12,470,149 |
Day One Health Inc Redding, CA | $7,087 | $242,175 |
Landmine Relief Fund Van Nuys, CA | $255,144 | $558,242 |
United States University Of Diplomatic Studies Foundation Scottsdale, AZ | $100,864 | $403,713 |
American Friends Of Koret Israel Economic Development Funds San Francisco, CA | $0 | $0 |