Joy Of Sharing Foundation
- Assets
- $623.4k
- Revenue
- $1.7m
- Investments
- $0.0
- Employees
- 4
- Location
- Norwalk, CA
- Founding
- 06/2014
- Data as of
- 12/2021
- EIN
- 37-1697719
Organization Overview
Joy Of Sharing Foundation is located in Norwalk, CA. The organization was established in 2014. According to its NTEE Classification (W99) the organization is classified as: Public & Societal Benefit N.E.C., under the broad grouping of Public & Societal Benefit and related organizations. As of 12/2021, Joy Of Sharing Foundation employed 4 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Joy Of Sharing Foundation is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
TO SUPPORT COMMUNITY IN SOUTHERN CALIFORNIA BY HELPING BUILD BRIDGES AND PROVIDING SERVICES TO ADDRESS THE NEEDS AND SUPPORT NECESSARY RELIEF WHERE NEEDED AROUND THE WORLD.
Describe the Organization's Program Activity:
Part 3 - Line 4a
CONTINUED SENIOR CENTER WITH VIRTUAL AND ON-CALL SUPPORT WITH FEW IN PERSON MEETINGS, CONTINUED AND EXPANDED CLINIC SERVICES WITH LESTONNAC FREE CLINIC NOW 4 DAYS WEEK. CONTINUE WITH WEEKLY MEAL DISTRIBUTION SERVICES PROVIDING 2000 MEALS TO VULNERABLE POPULATIONS. CONTINUED PARTNERSHIP WITH OC FOOD BANK FOR MONTHLY DISTRIBUTION FOR THEIR FEDERAL SENIOR MEAL PROGRAM. DISTRIBUTED 15,000 BACKPACKS THROUGH KARINAS BACKPACK PROJECT AND HOLIDAY GIFT PROGRAM FOR 1500 UNDERSERVED CHILDREN. PROCURED EMERGENCY OXYGEN EQUIPMENT AND SHIPMENT TO SUPPORT CRISIS OF COVID 19
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Hasina Patel CFO | Trustee | 1 | $0 |
Shivani Tarsadia Secretary | Trustee | 1 | $0 |
Punita Desai CEO | Trustee | 1 | $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 | $1,718,124 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,718,124 |
| Total Program Service Revenue | $0 |
| Investment income | $0 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $1,718,124 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $17,597 |
| 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 | $11,063 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $1,289 |
| Fees for services: Management | $2,315 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $675 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $178,226 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $645 |
| Advertising and promotion | $60 |
| Office expenses | $0 |
| 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 | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $5,553 |
| All other expenses | $4,979 |
| Total functional expenses | $1,318,877 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $623,419 |
| 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 | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $623,419 |
| Accounts payable and accrued expenses | $0 |
| 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 | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
| Net assets without donor restrictions | $623,419 |
| Net assets with donor restrictions | $0 |
| 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 | $623,419 |
Grants Recieved
Over the last fiscal year, we have identified 4 grants that Joy Of Sharing Foundation has recieved totaling $980,934.
| Awarding Organization | Amount |
|---|---|
Tarsadia Foundation Newport Beach, CA PURPOSE: PROGRAM SUPPORT | $900,000 |
Paypal Charitable Giving Fund Washington, DC PURPOSE: General Support | $62,281 |
American Online Giving Foundation Inc Newark, DE PURPOSE: GENERAL SUPPORT | $17,653 |
Hope Share Care Foundation Inc Boston, MA PURPOSE: GENERAL PURPOSE | $1,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Alameda County Tobacco Asset Securitization Corporation Oakland, CA | $19,768,611 | $18,590,063 |
Gold Country Settlement Funding Corp Auburn, CA | $6,031,758 | $3,475,839 |
Inland Empire Tobaccosecuritization Corporation Riverside, CA | $259,604,903 | $12,773,889 |
Mental Health For Children Inc Springfield, OR | $5,065,120 | $7,331,896 |
Changelab Solutions Oakland, CA | $15,746,986 | $13,606,627 |
Spur-San Francisco Bay Are Planning And Urban Research Association San Francisco, CA | $18,179,408 | $7,467,044 |
East Bay Innovation Academy Oakland, CA | $2,595,879 | $8,649,182 |
Equality California Institute Los Angeles, CA | $3,410,779 | $5,992,471 |
Palo Alto Public Improvement Corporation Palo Alto, CA | $158,763,344 | $1,679,598 |
Vermont Village Human Services Corporation Los Angeles, CA | $28,001,792 | $4,364,948 |
Folded Flag Foundation Inc Las Vegas, NV | $11,013,213 | $5,308,956 |
Greater Reno Community Ice Skating Association Reno, NV | $10,174,749 | $2,449,166 |