Jubilee Gift Galaxy Inc
- Assets
- $2.5m
- Revenue
- $2.7m
- Investments
- $0.0
- Employees
- 1
- Location
- Oakland, CA
- Founding
- Data as of
- 12/2022
- EIN
- 84-5159544
Organization Overview
Jubilee Gift Galaxy Inc is located in Oakland, CA. According to its NTEE Classification (T12) the organization is classified as: Fund Raising & Fund Distribution, 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. Jubilee Gift Galaxy Inc 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, Jubilee Gift Galaxy Inc generated $2.7m in total revenue. All expenses for the organization totaled $790.0k during the year ending 12/2022. While expenses have increased by 194.2% 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
2022
Describe the Organization's Mission:
Part 3 - Line 1
FINANCIAL GRANTS TO PROTECT THE SACRED.
Describe the Organization's Program Activity:
Part 3 - Line 4a
TEAM, ORGANIZATION, AND FUND DEVELOPMENT:WE FORMED A "HIVE" OF WISDOM CARRIERS WITH A SHARED DESTINY PATH, AND CULTIVATED OUR VARIOUS AND COLLECTIVE STREAMS OF SERVICE. WE ALSO INVITED IN, AND BEGAN TO FLOW FINANCIAL GIFTS THAT PROTECT THE SACRED AND REIMAGINE MONEY.
HOSTING & EDUCATION TO REIMAGINE MONEY AND TO PROTECT THE SACRED: WE HOSTED A COMMUNITY OF WEALTH HOLDERS AND WISDOM KEEPERS IN "3RD DRAWER" GATHERINGS, WHICH ARE OUR SPACES OF LEARNING TOGETHER HOW TO REIMAGINE MONEY. WE EXPLORED THE UNCONSCIOUS AGREEMENTS RELATED TO MONEY AND OUR OWN GROWTH TOWARD OFFERING: "WHO DO I NEED TO BE SO THAT YOU CAN BE YOU NEED TO BE?", AND THE FLOW OF MONEY AS ENERGY TO PROTECT WHAT IS MOST SACRED IN THESE TIMES. WE MET MONTHLY WITH DOZENS OF PARTICIPANTS VIA ZOOM, AS WELL AS IN MANY MORE SUB-GROUPS, WHICH IN PART LED TO THE CREATION OF PROGRAM AREAS FOCUSED ON INDIGINOUS LAND REMATRIATION, THE STRENGTHENING AND CONNECTING OF SANCTUARY FARMS, AND THE SOUL OF THE MOVEMENT TO SUPPORT THE HEALERS, WISDOM CARRIERS, AND BEAUTY WAY MAKERS.
GIFTING TO PROTECT THE SACRED: WE FOCUSED EVEN MORE DEEPLY ON THE TRANSFORMATIONAL "HOW" OF PLACING THE MONEY FROM TRANSACTIONS TO TRUST THAN ON THE "WHAT" OF ANY PARTICULAR GIFT. THOUGH THE "WHAT" WAS CATALYTIC AND TRANSFORMATIONAL AS WELL, WITH ALL OF THE FUNDS GOING TO SUPPORT SANCTUARY FARMERS, INDIGENOUS LEADERS WORKING ON SACRED LAND RETURN, MEDICINE MAKERS, BEEKEEPERS, HEALERS, AND WISDOM CARRIERS, WHO COLLECTIVELY ARE BUILDING THE KIND OF SPIRITUAL BALLAST WE WILL NEED FOR THE YEARS AHEAD.
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Michelle Long President | OfficerTrustee | 4 | $0 |
Donald Shaffer Secretary | OfficerTrustee | 4 | $0 |
Marian Moore Treasurer | OfficerTrustee | 4 | $0 |
Alexie Torres-Fleming Managing Director | Officer | 40 | $146,250 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $2,747,400 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $2,747,400 |
| Total Program Service Revenue | $0 |
| Investment income | $0 |
| 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 | $2,747,400 |
| 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 | $158,250 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $11,857 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $10,800 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $601,606 |
| Advertising and promotion | $0 |
| Office expenses | $1,726 |
| Information technology | $50 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $4,237 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $188 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $815 |
| All other expenses | $0 |
| Total functional expenses | $789,997 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $2,515,753 |
| Savings and temporary cash investments | $0 |
| 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 | $0 |
| Total assets | $2,515,753 |
| Accounts payable and accrued expenses | $504,294 |
| 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 | $504,294 |
| Net assets without donor restrictions | $420,792 |
| Net assets with donor restrictions | $1,590,667 |
| 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 | $2,515,753 |