Jassac Charitable Foundation Incorporated is located in Flossmoor, IL. The organization was established in 2003. According to its NTEE Classification (O50) the organization is classified as: Youth Development Programs, under the broad grouping of Youth Development and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Jassac Charitable Foundation Incorporated 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 06/2023, Jassac Charitable Foundation Incorporated generated $20.9k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 8 years, the organization has seen revenues fall by an average of (21.0%) each year. All expenses for the organization totaled $17.2k during the year ending 06/2023. As we would expect to see with falling revenues, expenses have declined by (22.3%) per year over the past 8 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
2023
Describe the Organization's Program Activity:
Part 3
WORKED WITH AND SUPPORTED THE FOLLOWING PROJECTS: EDUCATIONAL PROGRAMS WITH YOUNG PEOPLE AND AWARDED SCHOLARSHIPS; CANCER SCREENING; ECONOMIC AND HEALTH FAIR; TOYS FOR CHILDREN
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Virgie Bully President | 10 | $0 | |
Kimberly Rowe Barney Vice President | 10 | $0 | |
Dayla Randolph Secretary | 5 | $0 | |
Michelle Dickerson Treasurer | 5 | $0 | |
Jacqueline Cheatham Director | 2 | $0 | |
Tamara Jackson Director | 2 | $0 |
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $17,449 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $3,466 |
| Other Revenue | $21 |
| Total Revenue | $20,936 |
| 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 | $4,379 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $567 |
| Other expenses | $12,287 |
| Total expenses | $17,233 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $214,301 |
| Other assets | $0 |
| Total assets | $214,301 |
| Total liabilities | $0 |
| Net assets or fund balances | $214,301 |