Jelks Family Foundation Inc is located in Washington, DC. The organization was established in 1995. According to its NTEE Classification (T22) the organization is classified as: Private Independent Foundations, 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. Jelks Family Foundation Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3 - Line 4a
N/A
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Victoria I Campbell Director | 0 | $500 | |
Nicole Roussell Vice President | 1 | $1,200 | |
Howard L Jelks President & CEO | 4 | $1,200 | |
Dr Helen J King Director | 4 | $1,200 | |
Alice Lezcano Director | 4 | $1,200 | |
Allen N Jelks Jr Director | 8 | $1,200 |
Statement of Revenue | |
---|---|
Contributions, Gifts, Grants & Similar | $0 |
Interest on Savings | $425 |
Dividends & Interest | $106,167 |
Net Rental Income | $0 |
Net Gain on Sale of Assets | -$124,244 |
Capital Gain Net Income | $0 |
Net ST Capital Gain | $0 |
Income Modifications | $0 |
Profit on Inventory Sales | $0 |
Other Income | $0 |
Total Revenue | -$17,652 |
Statement of Expenses | |
---|---|
Compensation of officers, directors, trustees, etc | $14,700 |
Other employee salaries and wages | $0 |
Pension plans, employee benefits | $0 |
Interest | $0 |
Taxes | $8,123 |
Depreciation | $0 |
Occupancy | $0 |
Travel, conferences, and meetings | $35,164 |
Printing and publications | $0 |
Other expenses | $920 |
Total operating and administrative expenses | $84,186 |
Contributions, gifts, grants paid | $166,850 |
Total expenses and disbursements | $251,036 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $0 |
Savings and temporary cash investments | $60,842 |
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 | $4,223,997 |
Net Land, buildings, and equipment | $0 |
Other assets | $4,745 |
Total assets | $4,614,111 |
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 |