Jlgt Foundation Inc
- Assets
- $1.6k
- Revenue
- $2.1k
- Investments
- $0.0
- Employees
- 0
- Location
- Dalton, MA
- Founding
- Data as of
- 01/2024
- EIN
- 85-3106565
Organization Overview
Jlgt Foundation Inc is located in Dalton, MA. According to its NTEE Classification (S32) the organization is classified as: Rural Economic Development, under the broad grouping of Community Improvement & Capacity Building and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Jlgt 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.
For the year ending 01/2024, Jlgt Foundation Inc generated $2.1k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 4 years, the organization has seen revenues fall by an average of (21.4%) each year.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2024
Describe the Organization's Program Activity:
Part 3 - Line 4a
IN 2023 WE INTRODUCED OUR FIRST ANNUAL JLGT GOOD TROUBLE SCHOLARSHIP TO HELP SUPPORT GRADUATING SENIORS AT WAHCONAH REGIONAL HIGH SCHOOL.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Christopher Darroch Co-Founder | 2 | $0 | |
Shivaram Muruga Co-Founder | 2 | $0 | |
Paige Hollingsworth Director | 0.5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $2,072 |
| Interest on Savings | $0 |
| Dividends & Interest | $0 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $0 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $27 |
| Total Revenue | $2,099 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $0 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $0 |
| Total operating and administrative expenses | $19 |
| Contributions, gifts, grants paid | $1,000 |
| Total expenses and disbursements | $1,019 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,624 |
| Savings and temporary cash investments | $0 |
| 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 | $0 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $1,624 |
| 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 |
Grants Awarded
Over the last fiscal year, Jlgt Foundation Inc has awarded $5,305 in support to 3 organizations.
| Grant Recipient | Amount |
|---|---|
ALLENTOWN SCHOOL DISTRICT FOUNDATIO PURPOSE: GENERAL SUPPORT OF EDUCATIONAL PROGRAMS | $200 |
CENTRAL BERKSHIRE REGIONAL SCHOOL PURPOSE: TO SUPPORT INTERNET CONNECTIVITY OF CBRSD STUDENTS AND TEACHERS | $5,000 |
WAHCONAH ADOPT A SENIOR PROGRAM PURPOSE: SUPPORTING MEMBERS OF THE WAHCONAH REGIONAL HIGH SCHOOL 2021 GRADUATING CLASS | $105 |