Civic Intelligence

Trustees of Jaffna College Funds

990 • Fiscal year 2013 • EIN 04-6074663

Jan 01, 2013 to Dec 31, 2013 • Filed on Aug 11, 2014

11 Brattle PlaceBoston, MA 02474-2908

(781) 643-7125

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

3rd percentile

0.00x

Higher debt load relative to assets than 3% of similar nonprofits.

2013 filings • 501(c)3 • $25M-$50M nonprofits • Source year 2013

Liabilities / Revenue

6th percentile

0.01x

Higher debt load relative to revenue than 6% of similar nonprofits.

2013 filings • 501(c)3 • $25M-$50M nonprofits • Source year 2013

Net Margin

81st percentile

28%

Higher net margin than 81% of similar nonprofits.

2013 filings • 501(c)3 • $25M-$50M nonprofits • Source year 2013

Top Officer Pay

7th percentile

$12,500

Higher top officer pay than 7% of similar nonprofits.

Top officer pay equals 1.0% of source-year revenue.

2013 filings • 501(c)3 • $25M-$50M nonprofits • Source year 2013

Asset Growth

76th percentile

14%

Faster asset growth than 76% of similar nonprofits.

2013 filings • 501(c)3 • $25M-$50M nonprofits • Annualized from 2012 to 2013

Revenue Growth

Score unavailable

No value available

No earlier valid filing was available within the previous three public years.

Source year 2013

Assets

Up

$26,334,468

Up $3,154,371 (+14%) from 2012

Net Assets

Up

$26,324,188

Up $3,144,091 (+14%) from 2012

Liabilities

Up

$10,280

Up $10,280 from 2012

Revenue

$1,256,538

No earlier filing loaded for comparison.

Expenses

Up

$904,155

Up $147,086 (+19%) from 2012

Net Income

$352,383

No earlier filing loaded for comparison.

Historical Trend

Balance Sheet Trend

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$60M$40M$20M$0Assets 2010: $22,281,242Liabilities 2010: $0Net Assets 2010: $22,281,2422010Assets 2011: $20,988,891Liabilities 2011: $0Net Assets 2011: $20,988,8912011Assets 2012: $23,180,097Liabilities 2012: $0Net Assets 2012: $23,180,0972012Assets 2013: $26,334,468Liabilities 2013: $10,280Net Assets 2013: $26,324,1882013Assets 2014: $26,388,870Liabilities 2014: $2,549Net Assets 2014: $26,386,3212014Assets 2015: $25,262,136Liabilities 2015: $3,933Net Assets 2015: $25,258,2032015Assets 2016: $26,339,232Liabilities 2016: $2,893Net Assets 2016: $26,336,3392016Assets 2017: $30,899,030Liabilities 2017: $9,614Net Assets 2017: $30,889,4162017Assets 2018: $27,481,505Liabilities 2018: $63,567Net Assets 2018: $27,417,9382018Assets 2019: $32,804,523Liabilities 2019: $165,836Net Assets 2019: $32,638,6872019Assets 2020: $36,670,022Liabilities 2020: $335,028Net Assets 2020: $36,334,9942020Assets 2021: $41,801,571Liabilities 2021: $133,622Net Assets 2021: $41,667,9492021Assets 2022: $32,869,421Liabilities 2022: $94,623Net Assets 2022: $32,774,7982022Assets 2023: $38,375,668Liabilities 2023: $24,095Net Assets 2023: $38,351,5732023Assets 2024: $42,060,942Liabilities 2024: $25,234Net Assets 2024: $42,035,7082024

Highlighted filing

2013

Assets$26,334,468
Liabilities$10,280
Net Assets$26,324,188

Operations Trend

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$3.0M$2.0M$1.0M$0-$1.0MExpenses 2010: $702,0982010Expenses 2011: $732,3772011Expenses 2012: $757,0692012Revenue 2013: $1,256,538Expenses 2013: $904,155Net Income 2013: $352,3832013Revenue 2014: $1,082,695Expenses 2014: $804,908Net Income 2014: $277,7872014Revenue 2015: $719,056Expenses 2015: $812,377Net Income 2015: -$93,3212015Revenue 2016: $1,096,740Expenses 2016: $879,166Net Income 2016: $217,5742016Revenue 2017: $1,983,949Expenses 2017: $627,615Net Income 2017: $1,356,3342017Revenue 2018: $1,034,268Expenses 2018: $911,284Net Income 2018: $122,9842018Revenue 2019: $1,217,738Expenses 2019: $1,680,504Net Income 2019: -$462,7662019Revenue 2020: $1,301,993Expenses 2020: $1,305,853Net Income 2020: -$3,8602020Revenue 2021: $2,889,905Expenses 2021: $1,170,587Net Income 2021: $1,719,3182021Revenue 2022: $1,202,725Expenses 2022: $1,540,566Net Income 2022: -$337,8412022Revenue 2023: $1,536,321Expenses 2023: $1,314,335Net Income 2023: $221,9862023Revenue 2024: $1,627,053Expenses 2024: $2,313,768Net Income 2024: -$686,7152024

Highlighted filing

2013

Revenue$1,256,538
Expenses$904,155
Net Income$352,383
Jump To
Filing Snapshot
Filing Period
Jan 1, 2013 to Dec 31, 2013
Signed
Aug 11, 2014
Return Version
2013v3.0
Gross Receipts
$8,336,967
Mission and Program Overview

Mission

Trustees of jaffna college funds operates for the purpose of obtaining, holding and managing funds for the support of jaffna college and other christian institutions in sri lanka and india and for training of christian workers.

Trustees of jaffna college funds operate for the purpose of obtaining, holding and managing funds for the support of jaffna college and other christian institutions in sri lanka and india and for training of christian workers.

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments in Publicly Traded Securities$23,163,081$26,306,186▲ $3,143,105
Cash and Non-Interest-Bearing Accounts$15,559$26,698▲ $11,139
Prepaid Expenses and Deferred Charges$1,457$1,584▲ $127
Total Assets$23,180,097$26,334,468▲ $3,154,371
Liabilities
Accounts Payable and Accrued Expenses$0$10,280▲ $10,280
Total Liabilities$0$10,280▲ $10,280
Net Assets / Fund Balance
Unrestricted Net Assets$19,722,214$22,443,425▲ $2,721,211
Temporarily Rstr Net Assets$3,064,862$3,487,742▲ $422,880
Permanently Rstr Net Assets$393,021$393,021→ $0
Total Net Assets Fund Balance$23,180,097$26,324,188▲ $3,144,091
Total Liabilities and Net Assets / Fund Balance$23,180,097$26,334,468▲ $3,154,371
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Philip Braudaway-baumanDirector/treasurerPT$12,500$12,500
Barbara DarlingDirector/secretary-$6,000$6,000

Board Members and Trustees

NameTitle
J Kirk SmithDirector/chair of Finance
Richard HuleattDirector/president
Andrew SmockDirector
Charlotte Penfield GosselinkDirector
Donald P LeeDirector
E Valentine DanielDirector
Edward BedrosianDirector
Grace BunkerDirector
Jane ShippDirector
Jonathan GuestDirector
Martha Brackeen-harrisDirector
Mary HazeltineDirector
Richard B OsterbergDir/vice Pres/assoc Treasu
Revenue and Support

Revenue Composition

Contributions and Grants
$2,800
Program Service Revenue
$0
Investment Income
$1,253,738
Other Revenue
$0
All Other Contributions
$2,800
Change in Net Assets
$352,383

Audited Revenue Reconciliation

Revenue per Audited Statements
$1,256,538
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$2,791,708
Total Revenue per Audited Statements
$4,048,246
Total Revenue per Form 990
$1,256,538
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$722,444
Other Expenses$136,378
Salaries, Compensation, and Employee Benefits$45,333
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Foreign Grants$684,258--$684,258
Fees for Services Other-$45,000-$45,000
Travel-$40,939-$40,939
Grants to Domestic Orgs$38,186--$38,186
Fees for Service Investment Mgmnt Fees-$22,341-$22,341
Other Salaries and Wages-$19,596-$19,596
Current Officers, Directors, Trustees, and Key Employees-$18,500-$18,500
Fees for Services Accounting-$10,500-$10,500
Pension Plan Contributions-$4,340-$4,340
Payroll Taxes-$2,897-$2,897
Insurance-$2,466-$2,466
Conferences and Meetings-$1,555-$1,555
Office Expenses-$735-$735
Other Expenses-$265-$265
Total Functional Expenses$722,444$181,711$0$904,155

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$904,155
Total Expenses per Audited Statements$904,155
Total Expenses per Form 990$904,155
Expenses Not Reported on Financial Statements$0
Expenses Not Reported on Form 990$0
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
---FOR DISBURSEMENT TO VARIOUS FOREIGN CHILDREN'S HOMES, DAY CARES, AND EDUCATIONAL CENTERS. ALSO FOR MISSIONARY SUPPORT.$38,186

International Summary

Offices
0
Employees
0
Spending
$684,258

International Compliance

Foreign grant records maintained
Yes
Activity in boycott countries
No
Foreign corporation ownership
No
Foreign partnership interest
No
Interest in foreign trust
No
Passive foreign investment company interest
No
Transfers to foreign corporations
No

International Activities

RegionActivityServicesOfficesEmployeesSpending
South AsiaGrants to Recipients Located in Region-00$684,258
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
Yes
Other officer compensation reviewed
Yes
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section B, Line 11

Form 990 provided to officers prior to filing.

Form 990, Part VI, Section B, Line 15

Two directors of the trustees of jaffna college funds and an executive director are compensated by the corporation: phil braudaway-bauman- corporate treasurer, barbara darling- secretary, and james vijayakumar- executive director. The amounts of compensation are approved by the executive committee acting on behalf of the board, and on the recommendation of the finance and investments committee. Compensated directors and the executive director do not participate in the discussion or decision regarding compensation. Comparability data was used in setting the compensation of the executive director, but not for the treasurer and administrator, as the amounts of their stipends are not sufficiently large to warrant the research.

Form 990, Part VI, Section C, Line 19

Governing documents, financial statements, and the statement of ethical governance and conflict of interest policy are available upon request.

Filing and Contact Details

Filer

EIN
04-6074663
Phone
7816437125

Signing Officer

Name
Philip Braudaway-bauman
Title
Treasurer
Phone
7816437125
Signed
2014-08-11
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Philip Braudaway-bauman
Formed
1877
Legal Domicile
Ma
Voting Board Members
15
Independent Board Members
13
Employees
3
Volunteers
15

Preparer

Preparer
Peter P Vocatura
Phone
7816479339
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IRS990/MinutesOfCommitteesInd01
IRS990/MinutesOfGoverningBodyInd01
IRS990/MissionDesc0TRUSTEES OF JAFFNA COLLEGE FUNDS OPERATES FOR THE PURPOSE OF OBTAINING, HOLDING AND MANAGING FUNDS FOR THE SUPPORT OF JAFFNA COLLEGE AND OTHER CHRISTIAN INSTITUTIONS IN SRI LANKA AND INDIA AND FOR TRAINING OF CHRISTIAN WORKERS.
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd01
IRS990/NetAssetsOrFundBalancesBOYAmt023180097
IRS990/NetAssetsOrFundBalancesEOYAmt026324188
IRS990/NetGainOrLossInvestmentsGrp/RelatedOrExemptFuncIncomeAmt0716993
IRS990/NetGainOrLossInvestmentsGrp/TotalRevenueColumnAmt0716993
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NetUnrlzdGainsLossesInvstAmt02791708
IRS990/NondeductibleContributionsInd00
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt0735
IRS990/OfficeExpensesGrp/TotalAmt0735
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsSFAS117Ind0X
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherExpensesGrp/Desc0WIDER CHURCH MINISTRIES
IRS990/OtherExpensesGrp/Desc1COMPUTER EXPENSES
IRS990/OtherExpensesGrp/Desc2BANK CHARGES
IRS990/OtherExpensesGrp/Desc3CORPORATE FEES
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt010000
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt11957
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt2620
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt3265
IRS990/OtherExpensesGrp/TotalAmt010000
IRS990/OtherExpensesGrp/TotalAmt11957
IRS990/OtherExpensesGrp/TotalAmt2620
IRS990/OtherExpensesGrp/TotalAmt3265
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt019596
IRS990/OtherSalariesAndWagesGrp/TotalAmt019596
IRS990/PartialLiquidationInd00
IRS990/PayPremiumsPrsnlBnftCntrctInd00
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt02897
IRS990/PayrollTaxesGrp/TotalAmt02897
IRS990/PensionPlanContributionsGrp/ManagementAndGeneralAmt04340
IRS990/PensionPlanContributionsGrp/TotalAmt04340
IRS990/PermanentlyRstrNetAssetsGrp/BOYAmt0393021
IRS990/PermanentlyRstrNetAssetsGrp/EOYAmt0393021
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt01457
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt01584
IRS990/PrincipalOfficerNm0PHILIP BRAUDAWAY-BAUMAN
IRS990/ProfessionalFundraisingInd00
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt015100
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt0649689
IRS990/PYInvestmentIncomeAmt0855239
IRS990/PYOtherExpensesAmt087465
IRS990/PYOtherRevenueAmt00
IRS990/PYProgramServiceRevenueAmt00
IRS990/PYRevenuesLessExpensesAmt0113270
IRS990/PYSalariesCompEmpBnftPaidAmt019915
IRS990/PYTotalExpensesAmt0757069
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt0870339
IRS990/QuidProQuoContributionsInd00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990/ReconcilationRevenueExpnssAmt0352383
IRS990/RegularMonitoringEnfrcInd00
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd00
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd00
IRS990/ReportProgramRelatedInvstInd00
IRS990ScheduleA/CertificationInd0X
IRS990ScheduleA/Contribution35ControlledInd00
IRS990ScheduleA/ContributionControllerInd00
IRS990ScheduleA/ContributionFamilyInd00
IRS990ScheduleA/SupportedOrganizationsTotalCnt01
IRS990ScheduleA/SupportedOrgInformationGrp/EIN0046074663
IRS990ScheduleA/SupportedOrgInformationGrp/GoverningDocumentListedInd01
IRS990ScheduleA/SupportedOrgInformationGrp/OrganizationTypeDesc05 & 6
IRS990ScheduleA/SupportedOrgInformationGrp/SupportAmt0722444
IRS990ScheduleA/SupportedOrgInformationGrp/SupportedOrganizationName/BusinessNameLine10JAFFNA COLLEGE AND OTHER CHRISTIAN INSTITUTIONS
IRS990ScheduleA/SupportingOrganization509a3Ind0X
IRS990ScheduleA/SupportingOrgType1Ind0X
IRS990ScheduleA/SupportSumAmt0722444
IRS990/ScheduleBRequiredInd00
IRS990ScheduleD/ExpensesNotReportedAmt00
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt00
IRS990ScheduleD/ExpensesSubtotalAmt0904155
IRS990ScheduleD/NetUnrealizedGainsInvstAmt02791708
IRS990ScheduleD/RevenueNotReportedAmt02791708
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt00
IRS990ScheduleD/RevenueSubtotalAmt01256538
IRS990ScheduleD/TotalBookValueLandBuildingsAmt00
IRS990ScheduleD/TotalExpensesPerForm990Amt0904155
IRS990ScheduleD/TotalRevenuePerForm990Amt01256538
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt04048246
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt0904155
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/EmployeeCnt00
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/OfficesCnt00
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/RegionTotalExpendituresAmt0684258
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/RegionTxt0SOUTH ASIA
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/TypeOfActivitiesConductedTxt0GRANTS TO RECIPIENTS LOCATED IN REGION
IRS990ScheduleF/BoycottCountriesInd00
IRS990ScheduleF/ContinuationSpentAmt00
IRS990ScheduleF/ContinutationTotalEmployeeCnt00
IRS990ScheduleF/ContinutationTotalOfficeCnt00
IRS990ScheduleF/ForeignCorpOwnershipInd00
IRS990ScheduleF/ForeignPartnershipInd00
IRS990ScheduleF/GrantRecordsMaintainedInd01
IRS990ScheduleF/GrantsToOrgOutsideUSGrp/CashGrantAmt0426185
IRS990ScheduleF/GrantsToOrgOutsideUSGrp/CashGrantAmt1258073
IRS990ScheduleF/GrantsToOrgOutsideUSGrp/MannerOfCashDisbursementTxt0WIRE TRANSFER
IRS990ScheduleF/GrantsToOrgOutsideUSGrp/MannerOfCashDisbursementTxt1WIRE TRANSFER
IRS990ScheduleF/GrantsToOrgOutsideUSGrp/PurposeOfGrantTxt0SUPPORT FOR JAFFNA COLLEGE EDUCATION.
IRS990ScheduleF/GrantsToOrgOutsideUSGrp/PurposeOfGrantTxt1FOR DISBURSEMENT TO VARIOUS FOREIGN CHILDREN'S HOMES, DAY CARES, AND EDUCATIONAL CENTERS.
IRS990ScheduleF/GrantsToOrgOutsideUSGrp/RegionTxt0SOUTH ASIA
IRS990ScheduleF/GrantsToOrgOutsideUSGrp/RegionTxt1SOUTH ASIA
IRS990ScheduleF/InterestInForeignTrustInd00
IRS990ScheduleF/PassiveForeignInvestmestCoInd00
IRS990ScheduleF/SubtotalEmployeesCnt00
IRS990ScheduleF/SubtotalOfficesCnt00
IRS990ScheduleF/SubtotalSpentAmt0684258
IRS990ScheduleF/SupplementalInformationDetail/ExplanationTxt0MONTHLY EXPENDITURE REPORTS AND EXTENSIVE ANNUAL PROGRAM REPORTS ARE OBTAINED FROM INSTITUTIONS WHO ARE RECIPIENTS OF GRANT FUNDS. THESE REPORTS ARE REVIEWED AND PRESENTED AT ANNUAL MEETINGS. AUDITED FINANCIAL STATEMENTS ARE OBTAINED ANNUALLY FROM LARGE INSTITUTIONS WHO ARE RECIPIENTS OF GRANT FUNDS. STATEMENTS ARE SIGNED ANNUALLY BY JAFFNA COLLEGE AUDITORS CERTIFYING EXPENDITURES RELATED TO RESTRICTED FUNDS ARE IN AMOUNTS SUFFICIENT TO MATCH THE PROPORTION WITHIN THE TOTAL OF GRANTS DISBURSED. YEAR ROUND COMMUNICATION INCLUDING EMAIL, TELEPHONE, AND ANNUAL IN-PERSON MEETINGS WITH LEADERS OF INSTITUTIONS WHO ARE RESPONSIBLE FOR RECEIVING AND DISBURSING GRANT FUNDS IS PART OF THE MONITORING PROCESS.
IRS990ScheduleF/SupplementalInformationDetail/FormAndLineReferenceDesc0PART I, LINE 2:
IRS990ScheduleF/Total501c3OrgCnt02
IRS990ScheduleF/TotalEmployeeCnt00
IRS990ScheduleF/TotalOfficeCnt00
IRS990ScheduleF/TotalOtherOrgCnt00
IRS990ScheduleF/TotalSpentAmt0684258
IRS990ScheduleF/TransferToForeignCorpInd00
IRS990ScheduleI/GrantRecordsMaintainedInd01
IRS990ScheduleI/RecipientTable/CashGrantAmt038186
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt0FOR DISBURSEMENT TO VARIOUS FOREIGN CHILDREN'S HOMES, DAY CARES, AND EDUCATIONAL CENTERS. ALSO FOR MISSIONARY SUPPORT.
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine10WIDER CHURCH MINISTRIES
IRS990ScheduleI/RecipientTable/USAddress/AddressLine10700 PROSPECT AVE 7TH FL
IRS990ScheduleI/RecipientTable/USAddress/City0CLEVELAND
IRS990ScheduleI/RecipientTable/USAddress/State0OH
IRS990ScheduleI/RecipientTable/USAddress/ZIPCode044115
IRS990ScheduleI/SupplementalInformationDetail/ExplanationTxt0MONTHLY EXPENDITURE REPORTS AND EXTENSIVE ANNUAL PROGRAM REPORTS ARE OBTAINED FROM INSTITUTIONS WHO ARE RECIPIENTS OF GRANT FUNDS. THESE REPORTS ARE REVIEWED AND PRESENTED AT ANNUAL MEETINGS. AUDITED FINANCIAL STATEMENTS ARE OBTAINED ANNUALLY FROM LARGE INSTITUTIONS WHO ARE RECIPIENTS OF GRANT FUNDS. STATEMENTS ARE SIGNED ANNUALLY BY JAFFNA COLLEGE AUDITORS CERTIFYING EXPENDITURES RELATED TO RESTRICTED FUNDS ARE IN AMOUNTS SUFFICIENT TO MATCH THE PROPORTION WITHIN THE TOTAL OF GRANTS DISBURSED. YEAR ROUND COMMUNICATION INCLUDING EMAIL, TELEPHONE, AND ANNUAL IN-PERSON MEETINGS WITH LEADERS OF INSTITUTIONS WHO ARE RESPONSIBLE FOR RECEIVING AND DISBURSING GRANT FUNDS IS PART OF THE MONITORING PROCESS.
IRS990ScheduleI/SupplementalInformationDetail/FormAndLineReferenceDesc0PART I, LINE 2:
IRS990ScheduleI/Total501c3OrgCnt01
IRS990ScheduleI/TotalOtherOrgCnt00
IRS990/ScheduleJRequiredInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0FORM 990 PROVIDED TO OFFICERS PRIOR TO FILING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1TWO DIRECTORS OF THE TRUSTEES OF JAFFNA COLLEGE FUNDS AND AN EXECUTIVE DIRECTOR ARE COMPENSATED BY THE CORPORATION: PHIL BRAUDAWAY-BAUMAN- CORPORATE TREASURER, BARBARA DARLING- SECRETARY, AND JAMES VIJAYAKUMAR- EXECUTIVE DIRECTOR. THE AMOUNTS OF COMPENSATION ARE APPROVED BY THE EXECUTIVE COMMITTEE ACTING ON BEHALF OF THE BOARD, AND ON THE RECOMMENDATION OF THE FINANCE AND INVESTMENTS COMMITTEE. COMPENSATED DIRECTORS AND THE EXECUTIVE DIRECTOR DO NOT PARTICIPATE IN THE DISCUSSION OR DECISION REGARDING COMPENSATION. COMPARABILITY DATA WAS USED IN SETTING THE COMPENSATION OF THE EXECUTIVE DIRECTOR, BUT NOT FOR THE TREASURER AND ADMINISTRATOR, AS THE AMOUNTS OF THEIR STIPENDS ARE NOT SUFFICIENTLY LARGE TO WARRANT THE RESEARCH.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2GOVERNING DOCUMENTS, FINANCIAL STATEMENTS, AND THE STATEMENT OF ETHICAL GOVERNANCE AND CONFLICT OF INTEREST POLICY ARE AVAILABLE UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION B, LINE 11
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION B, LINE 15
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION C, LINE 19
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/StatesWhereCopyOfReturnIsFldCd0MA
IRS990/SubjectToProxyTaxInd00
IRS990/TaxableDistributionsInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TemporarilyRstrNetAssetsGrp/BOYAmt03064862
IRS990/TemporarilyRstrNetAssetsGrp/EOYAmt03487742
IRS990/TempOrPermanentEndowmentsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt023180097
IRS990/TotalAssetsEOYAmt026334468
IRS990/TotalAssetsGrp/BOYAmt023180097
IRS990/TotalAssetsGrp/EOYAmt026334468
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalContributionsAmt02800
IRS990/TotalEmployeeCnt03
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt0181711
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0722444

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$42.1$0.03$42.0$1.63$2.31$0.69
2023Detailed filing. Detailed filing data is available for this year.$38.4$0.02$38.4$1.54$1.31$0.22
2022Facts available. Structured filing facts are available, but richer extracted sections are limited.$32.9$0.09$32.8$1.20$1.54$0.34
2021Facts available. Structured filing facts are available, but richer extracted sections are limited.$41.8$0.13$41.7$2.89$1.17$1.72
2020Facts available. Structured filing facts are available, but richer extracted sections are limited.$36.7$0.34$36.3$1.30$1.31$0.00
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$32.8$0.17$32.6$1.22$1.68$0.46
2018Facts available. Structured filing facts are available, but richer extracted sections are limited.$27.5$0.06$27.4$1.03$0.91$0.12
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$30.9$0.01$30.9$1.98$0.63$1.36
2016Summary only. Only limited summary data is available for this year.$26.3$0.00$26.3$1.10$0.88$0.22
2015Summary only. Only limited summary data is available for this year.$25.3$0.00$25.3$0.72$0.81$0.09
2014Detailed filing. Detailed filing data is available for this year.$26.4$0.00$26.4$1.08$0.80$0.28
2013Detailed filing. Detailed filing data is available for this year.$26.3$0.01$26.3$1.26$0.90$0.35
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$23.2$0.00$23.2$0.76
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$21.0$0.00$21.0$0.73
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$22.3$0.00$22.3$0.70