Jay B Norman Memorial Foundation
- Assets
- $60.0k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Blaine, MN
- Founding
- Data as of
- 12/2022
- EIN
- 84-3100891
Organization Overview
Jay B Norman Memorial Foundation is located in Blaine, MN. According to its NTEE Classification (N6A) the organization is classified as: Golf, under the broad grouping of Recreation & Sports and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Jay B Norman Memorial 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 12/2022, Jay B Norman Memorial Foundation generated $27.2k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 2 years, the organization has seen revenues fall by an average of (33.8%) each year. All expenses for the organization totaled $34.9k during the year ending 12/2022. 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
2022
Describe the Organization's Program Activity:
Part 3
THEORGANIZATIONRAISEDMONEYTOSUPPORTEDUCATIONOFINDIVIDUALSINTHEGOLFCOMMUNITYTHATEXEMPLIFYTHECHARACTEROFJAYNORMAN.
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Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $95,281 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | -$68,111 |
| Other Revenue | $0 |
| Total Revenue | $27,170 |
| 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 | $10,930 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $7,992 |
| Total expenses | $34,922 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $60,033 |
| Other assets | $0 |
| Total assets | $60,033 |
| Total liabilities | $0 |
| Net assets or fund balances | $60,033 |
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