Joel Fund is located in Raleigh, NC. The organization was established in 2016. According to its NTEE Classification (P60) the organization is classified as: Emergency Assistance, under the broad grouping of Human Services and related organizations. As of 12/2022, Joel Fund employed 5 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Joel Fund 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 12/2022, Joel Fund generated $302.3k in total revenue. This organization has experienced exceptional growth, as over the past 4 years, it has increased revenue by an average of 52.8% each year . All expenses for the organization totaled $328.9k during the year ending 12/2022. While expenses have increased by 59.0% per year over the past 4 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
2022
Describe the Organization's Mission:
Part 3 - Line 1
RECONNECT VETERANS TO LIFE AT HOME
Describe the Organization's Program Activity:
Part 3 - Line 4a
OPERATION ART IS A PROGRAM TO BRING ART CLASSES TO THE VETERANS IN THE COMMUNITY. OPERATION ART IS A WAY TO SHARE EXPERIENCES AND TELL A STORY WITHOUT SPEAKING. IT HELPS THE VETERAN WHO IS TRANSITIONING FROM THE MILITARY TO CIVILIAN LIFE TO COMMUNICATE. IT SERVES COUNTLESS VETERANS IN AND AROUND THE COMMUNITY
OPERATION WELLNESS IS A PROGRAM THAT SUPPLIES GROCERIES AND PRODUCE BOXES TO VETERANS IN NORTH CAROLINA WHO ARE DISABLED, UNEMPLOYED OR UNDER EMPLOYED.
OPERATION FURNISH PROVIDES ASSISTANCE TO VETERANS WHO ARE TRANSITIONING FROM HOMELESSNESS INTO A STABLE LIVING SITUATION. THE JOEL FUND PROVIDES FURNITURE, MATTRESSES, BEDDING AND OTHER HOUSEHOLD ITEMS TO VETERANS IN NEED
OPERATION CONNECT PROVIDES ASSISTANCE TO VETERANS IN SEVERAL WAYS. THIS PROGRAM PROVIDES FINANCIAL ASSISTANCE TO VETERANS IN NEED OF HOUSING, EDUCATION, TRANSPORATION AND OTHER NECCESSITIES. THIS PROGRAM ALSO PROVIDES A SAFE SPACE FOR VETERANS TO MEET AND HAVE DISCUSSIONS WITH PEERS AND COUNSELORS. VETERANS ALSO RECEIVE INFORMATION ABOUT RESOURCES AVAILABLE TO THEM THAT CAN ASSIST WITH PHYSICAL OR MENTAL HEALTH ISSUES, UNEMPLOYMENT OR OTHER PROBLEMS.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Brooke Dickhart Executive Director | Officer | 40 | $33,432 |
Rick Bowers Chairman Of The Board Of Directors | Trustee | 10 | $0 |
Dan Sanderoff Vice Chairman Of The Board Of Directors | Trustee | 10 | $0 |
Jes Averhart Director | Trustee | 5 | $0 |
Tom Lindgren Director | Trustee | 5 | $0 |
Mike Mccartney Director | Trustee | 5 | $0 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $0 |
Fundraising events | $26,922 |
Related organizations | $0 |
Government grants | $0 |
All other contributions, gifts, grants, and similar amounts not included above | $225,835 |
Noncash contributions included in lines 1a–1f | $0 |
Total Revenue from Contributions, Gifts, Grants & Similar | $252,757 |
Total Program Service Revenue | $3,305 |
Investment income | $19 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $0 |
Net Gain/Loss on Asset Sales | $0 |
Net Income from Fundraising Events | $46,251 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $0 |
Miscellaneous Revenue | $0 |
Total Revenue | $302,332 |
Statement of Expenses | |
---|---|
Grants and other assistance to domestic organizations and domestic governments. | $0 |
Grants and other assistance to domestic individuals. | $84,599 |
Grants and other assistance to Foreign Orgs/Individuals | $0 |
Benefits paid to or for members | $0 |
Compensation of current officers, directors, key employees. | $33,432 |
Compensation of current officers, directors, key employees. | $16,600 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $95,997 |
Pension plan accruals and contributions | $0 |
Other employee benefits | $0 |
Payroll taxes | $9,766 |
Fees for services: Management | $0 |
Fees for services: Legal | $0 |
Fees for services: Accounting | $0 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $49,360 |
Advertising and promotion | $5,693 |
Office expenses | $13,678 |
Information technology | $0 |
Royalties | $0 |
Occupancy | $29,629 |
Travel | $1,034 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $4,389 |
Interest | $0 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $0 |
Insurance | $1,304 |
All other expenses | $0 |
Total functional expenses | $328,881 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $123,665 |
Savings and temporary cash investments | $0 |
Pledges and grants receivable | $0 |
Accounts receivable, net | $0 |
Loans from Officers, Directors, or Controlling Persons | $223 |
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 | $500 |
Total assets | $124,388 |
Accounts payable and accrued expenses | $3,431 |
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 | $3,431 |
Net assets without donor restrictions | $120,957 |
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 | $124,388 |