Jaka Foundation is located in Lehi, UT. According to its NTEE Classification (P12) the organization is classified as: Fund Raising & Fund Distribution, under the broad grouping of Human Services and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Jaka 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 12/2023, Jaka Foundation generated $33.7k 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 (65.9%) each year.
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Jeremy B Hanks President | 0 | $0 | |
Amy B Hanks Vice President | 0 | $0 |
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $11,181 |
| Dividends & Interest | $31,320 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | -$8,846 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $33,655 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $86 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $3,360 |
| Total operating and administrative expenses | $5,046 |
| Contributions, gifts, grants paid | $154,444 |
| Total expenses and disbursements | $159,490 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $181,571 |
| 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 | $1,895,044 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $2,076,615 |
| 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 |
Over the last fiscal year, Jaka Foundation has awarded $154,444 in support to 4 organizations.
| Grant Recipient | Amount |
|---|---|
SUSTAINABLE MARKETS FOUNDATION PURPOSE: GENERAL PURPOSE DONATIONS | $5,000 |
THE PEREGRINE FUND PURPOSE: GENERAL PURPOSE DONATIONS | $100,000 |
ENCORE PERFORMING ARTS PURPOSE: GENERAL PURPOSE DONATIONS | $5,000 |
JUNIOR ACHIEVEMENT OF UTAH PURPOSE: GENERAL PURPOSE DONATIONS | $44,444 |