Liabilities / Assets
71st percentile
Higher debt load relative to assets than 71% of similar nonprofits.
Childrens Jubilee Fund
EIN 31-1540887 • 501(c)3 • Philadlephia, PA
Profile
To provide need based scholarships
Siviq Scores
Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.
0.02x
Liabilities / Revenue
72nd percentile
Higher debt load relative to revenue than 72% of similar nonprofits.
Net Margin
7th percentile
Higher net margin than 7% of similar nonprofits.
Top Officer Pay
81st percentile
Higher top officer pay than 81% of similar nonprofits.
Top officer pay equals 0.0% of source-year revenue.
Asset Growth
16th percentile
Faster asset growth than 16% of similar nonprofits.
Revenue Growth
13th percentile
Faster revenue growth than 13% of similar nonprofits.
Balance Sheet
Assets
Down$126,973
Down $281,948 (-69%) from 2024
Liabilities
Down$2,893
Down $3,916 (-58%) from 2024
Net Assets
Down$124,080
Down $278,032 (-69%) from 2024
Revenue
Down$171,829
Down $367,643 (-68%) from 2024
Expenses
Down$449,861
Down $98,243 (-18%) from 2024
Net Income
Down-$278,032
Down $269,400 (-3121%) from 2024
Trend Graphs
Filings
Most recent year
2025 • Form 990EZDetailed filing. Detailed filing data is available for this year.
- Assets
- $126,973
- Liabilities
- $2,893
- Net assets
- $124,080
- Revenue
- $171,829
- Expenses
- $449,861
- Net income
- -$278,032
Latest Filing Detail
Jump To
Filing Snapshot
- Filing Period
- Jul 1, 2024 to Jun 30, 2025
- Signed
- Nov 17, 2025
- Return Version
- 2024v5.2
- Gross Receipts
- $171,829
Mission and Program Overview
Mission
To provide need based scholarships
Program Services
| Description | Grants | Expenses |
|---|---|---|
| The organization exists to raise and distribute scholarship funds to provide access for low-income, urban, K-12 youth to attend Christian schools. Jubilee provides partial scholarship for families with a household income of under $44,000, so that their children will have access to one of our 25 network Christian schools. | - | $380,504 |
Compensation and Service Providers
Employees
| Name | Title | Full / Part Time | Base | Other | Total |
|---|---|---|---|---|---|
| Dorothy Boersma | Secretary | - | $0 | - | - |
| Randolph Richardson | Vice Chair | - | $0 | - | - |
| Joyce Johnson | Board Member | - | $0 | - | - |
| Olga Velez | Board Member | - | $0 | - | - |
| Lisa Nelson | Board Member | - | $0 | - | - |
| Rob Radcliff | Board Member | - | $0 | - | - |
| Milton Velez | Chairman | - | $0 | - | - |
| Cheryle Radcliff | Board Member | - | $0 | - | - |
| Linda Ruth Paskell | Board Member | - | $0 | - | - |
| Donald Spooner | Treasurer | - | $0 | - | - |
Filing and Contact Details
Filer
- Filer Name
- Childrens Jubilee Fund
- EIN
- 31-1540887
- Phone
- 2152339866
- Address
- 5500 Tabor Ave, Philadlephia, PA 19120
Signing Officer
- Name
- Donald Spooner
- Title
- Treasurer
- Signed
- 2025-11-17
- Discuss with paid preparer
- Yes
Preparer
- Firm
- Morey Nee Buck & Oswald LLC
- Address
- 2571 Baglyos Cir Ste B20, Bethlehem, PA 18020
- Preparer
- William C Oswald
- Phone
- 6108821000
Supplemental Narrative
Additional Explanations
Other Expenses.1001
“Advertising and Promotion $11902”
Other Expenses.1002
“Office Expenses $1598”
Other Expenses.1012
“Insurance $1226”
Other Expenses.1
“Scholarships given $372509”
Other Expenses.2
“Other $19226”
Other Expenses.4
“Telephone $1928”
Other Expenses.6
“computer $715”
Other Expenses.7
“Bank charge fees $6”
Other Assets.1
“SECURITY DEPOSIT - Beginning $650 SECURITY DEPOSIT - Ending $0”
Total Liabilities.1
“- Beginning $0 - Ending $2893”
wind down of operations
“On August 5, 2025, the full board unanimously voted and approved to cease operations and dissolve the Organization. Effective August 5, 2025, the Organization has ceased to engage in any new business operations, scholarship endeavors, or fund raising activities, except for the purpose of preserving the value of its assets, winding down business affairs, and distributing its assets and funds as determined by the applicable board decisions, in accordance with its formally adopted Final Plan of Dissolution.”
Raw XML Appendix195 raw XML fields
This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.
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| IRS990EZ/OrganizationHadUBIInd | 0 | false |
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| IRS990EZ/PrintingPublicationsPostageAmt | 0 | 4072 |
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| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 1 | Office Expenses $1598 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 2 | Insurance $1226 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 3 | Scholarships given $372509 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 4 | Other $19226 |
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| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 6 | computer $715 |
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| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 10 | On August 5, 2025, the full board unanimously voted and approved to cease operations and dissolve the Organization. Effective August 5, 2025, the Organization has ceased to engage in any new business operations, scholarship endeavors, or fund raising activities, except for the purpose of preserving the value of its assets, winding down business affairs, and distributing its assets and funds as determined by the applicable board decisions, in accordance with its formally adopted Final Plan of Dissolution. |
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| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 6 | Other Expenses.6 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 7 | Other Expenses.7 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 8 | Other Assets.1 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 9 | Total Liabilities.1 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 10 | wind down of operations |
| ReturnHeader/BuildTS | 0 | 2025-03-06 01:10:19Z |
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| ReturnHeader/PreparerPersonGrp/PreparerPersonNm | 0 | WILLIAM C OSWALD |
| ReturnHeader/ReturnTs | 0 | 2025-11-17T06:37:02-08:00 |
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Document Assets
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