The John Foundation
- Assets
- $8.0m
- Revenue
- $9.3m
- Investments
- $0.0
- Employees
- 5
- Location
- Riverview, FL
- Founding
- Data as of
- 12/2021
- EIN
- 83-2310716
Organization Overview
The John Foundation is located in Riverview, FL. According to its NTEE Classification (O20) the organization is classified as: Youth Centers & Clubs, under the broad grouping of Youth Development and related organizations. As of 12/2021, John Foundation employed 5 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. John 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, John Foundation generated $9.3m in total revenue. All expenses for the organization totaled $1.3m during the year ending 12/2021. While expenses have increased by 177.4% per year over the past 2 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
OUR MAIN PURPOSE IS TO HELP YOUNG STUDENTS FINANCIALLY GO TO COLLEGE. PROVIDING FINANCIAL SCHOLARSHIPS TO STUDENTS FROM LOW INCOME COMMUNITIES.
Describe the Organization's Program Activity:
Part 3 - Line 4a
PROVIDE FINANCIAL SCHOLARSHIPS TO STUDENTS.WE FUNDED 12 STUDENTS AT THE UNVERSITY LEVEL TOTALING 57,100
EDUCATIONAL SUPPORT THROUGH SCHOLARSHIPS DIRECTLY TO THE UNIVERSITY OTHER LOCA1 EDUCATIONAL ORGANIZATIONS
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Paul Hayes Board Member | Officer | $120,000 | |
Hugh Overton Board Member | Officer | $120,000 | |
Wardell Norman Board Member | Officer | 20 | $120,000 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $9,070,913 |
| All other contributions, gifts, grants, and similar amounts not included above | $0 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $9,070,913 |
| Total Program Service Revenue | $0 |
| Investment income | $218,310 |
| 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 | $9,289,223 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| 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 | $600,000 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $45,900 |
| Fees for services: Management | $300,012 |
| Fees for services: Legal | $10,000 |
| Fees for services: Accounting | $274,988 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $76,993 |
| 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 | $801 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $725 |
| All other expenses | $0 |
| Total functional expenses | $1,309,419 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,891,428 |
| Savings and temporary cash investments | $5,218,115 |
| 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 | $850,287 |
| Total assets | $7,959,830 |
| 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 | $7,109,543 |
| Net assets with donor restrictions | $850,287 |
| 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 | $7,959,830 |
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| Organization Name | Assets | Revenue |
|---|---|---|
South Florida Sports Foundation Inc Miami Gardens, FL | $3,501,457 | $5,911,638 |
Overtown Youth Center Inc Miami, FL | $20,047,097 | $6,462,586 |
Boys & Girls Clubs Of Volusia Flagler Counties Inc Deland, FL | $3,523,328 | $3,388,398 |
Boys And Girls Club Of Hernando County Inc Spring Hill, FL | $730,655 | $2,353,035 |
Police Athletic League Of Jacksonville Inc Jacksonville, FL | $3,358,081 | $1,944,581 |
For The Children Inc Lake Worth Beach, FL | $1,995,974 | $1,824,346 |
61103-Optimist Club Of Cooper City Cooper City, FL | $411,650 | $1,454,616 |
The John Foundation Riverview, FL | $7,959,830 | $9,289,223 |
In The City Camp Inc Atlanta, GA | $210,512 | $1,428,732 |
Pridelines Youth Services Inc Miami, FL | $117,994 | $1,095,323 |
Firehouse Youth Centre Inc Fort Pierce, FL | $1,056,534 | $1,234,459 |
Boys & Girls Clubs Of North Georgia Jasper, GA | $3,145,033 | $1,484,721 |