Civic Intelligence

The J127 Foundation

990 • Fiscal year 2016 • EIN 45-0523312

Jul 01, 2015 to Jun 30, 2016 • Filed on May 11, 2017

9657 Blake LaneFairfax, VA 22031

(571) 221-5130

Siviq Scores

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

Liabilities / Assets

62nd percentile

0.37x

Higher debt load relative to assets than 62% of similar nonprofits.

2016 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2016

Liabilities / Revenue

96th percentile

10.10x

Higher debt load relative to revenue than 96% of similar nonprofits.

2016 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2016

Net Margin

4th percentile

-82%

Higher net margin than 4% of similar nonprofits.

2016 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2016

Top Officer Pay

53rd percentile

$183,269

Higher top officer pay than 53% of similar nonprofits.

Top officer pay equals 27.6% of source-year revenue.

2016 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2016

Asset Growth

92nd percentile

38%

Faster asset growth than 92% of similar nonprofits.

2016 filings • 501(c)3 • $10M-$25M nonprofits • Annualized from 2015 to 2016

Revenue Growth

82nd percentile

23%

Faster revenue growth than 82% of similar nonprofits.

2016 filings • 501(c)3 • $10M-$25M nonprofits • Annualized from 2015 to 2016

Assets

Up

$18,262,188

Up $5,032,441 (+38%) from 2015

Net Assets

Up

$11,549,937

Up $4,572,209 (+66%) from 2015

Liabilities

Up

$6,712,251

Up $460,232 (+7.4%) from 2015

Revenue

Up

$664,415

Up $125,185 (+23%) from 2015

Expenses

Up

$1,210,440

Up $966,445 (+396%) from 2015

Net Income

Down

-$546,025

Down $841,260 (-285%) from 2015

Historical Trend

Balance Sheet Trend

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

$30M$20M$10M$0Assets 2010: $6,189,598Liabilities 2010: $0Net Assets 2010: $6,189,5982010Assets 2011: $7,124,047Liabilities 2011: $0Net Assets 2011: $7,124,0472011Assets 2012: $6,960,375Liabilities 2012: $0Net Assets 2012: $6,960,3752012Assets 2013: $9,475,569Liabilities 2013: $3,268,388Net Assets 2013: $6,207,1812013Assets 2014: $15,684,551Liabilities 2014: $8,664,571Net Assets 2014: $7,019,9802014Assets 2015: $13,229,747Liabilities 2015: $6,252,019Net Assets 2015: $6,977,7282015Assets 2016: $18,262,188Liabilities 2016: $6,712,251Net Assets 2016: $11,549,9372016Assets 2017: $23,687,935Liabilities 2017: $12,015,841Net Assets 2017: $11,672,0942017Assets 2018: $24,427,644Liabilities 2018: $12,764,391Net Assets 2018: $11,663,2532018Assets 2019: $24,653,097Liabilities 2019: $13,147,875Net Assets 2019: $11,505,2222019Assets 2020: $24,041,572Liabilities 2020: $13,073,018Net Assets 2020: $10,968,5542020Assets 2021: $27,594,558Liabilities 2021: $17,668,603Net Assets 2021: $9,925,9552021Assets 2022: $24,370,865Liabilities 2022: $15,895,754Net Assets 2022: $8,475,1112022Assets 2023: $16,681,490Liabilities 2023: $7,777,644Net Assets 2023: $8,903,8462023Assets 2024: $20,901,411Liabilities 2024: $10,934,535Net Assets 2024: $9,966,8762024

Highlighted filing

2016

Assets$18,262,188
Liabilities$6,712,251
Net Assets$11,549,937

Operations Trend

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

$4.0M$2.0M$0-$2.0M-$4.0MRevenue 2010: $75,582Expenses 2010: $127,481Net Income 2010: -$51,8992010Revenue 2011: -$566,681Expenses 2011: $73,099Net Income 2011: -$639,7802011Revenue 2012: $153,403Expenses 2012: $148,826Net Income 2012: $4,5772012Expenses 2013: $2,722,2772013Revenue 2014: $390,100Expenses 2014: $172,935Net Income 2014: $217,1652014Revenue 2015: $539,230Expenses 2015: $243,995Net Income 2015: $295,2352015Revenue 2016: $664,415Expenses 2016: $1,210,440Net Income 2016: -$546,0252016Revenue 2017: $727,830Expenses 2017: $1,763,945Net Income 2017: -$1,036,1152017Revenue 2018: $369,437Expenses 2018: $756,455Net Income 2018: -$387,0182018Revenue 2019: $336,008Expenses 2019: $591,381Net Income 2019: -$255,3732019Revenue 2020: $288,496Expenses 2020: $690,526Net Income 2020: -$402,0302020Revenue 2021: -$1,770,149Expenses 2021: $372,966Net Income 2021: -$2,143,1152021Revenue 2022: $101,840Expenses 2022: $258,157Net Income 2022: -$156,3172022Revenue 2023: -$249,281Expenses 2023: $284,090Net Income 2023: -$533,3712023Revenue 2024: $1,071,442Expenses 2024: $339,814Net Income 2024: $731,6282024

Highlighted filing

2016

Revenue$664,415
Expenses$1,210,440
Net Income-$546,025
Jump To
Filing Snapshot
Filing Period
Jul 1, 2015 to Jun 30, 2016
Signed
May 11, 2017
Return Version
2015v3.0
Gross Receipts
$1,099,369
Mission and Program Overview

Mission

The J127 Foundation serves as a supporting organzation to The J127 Education Foundation. This support includes making contributions to the Organzation, as needed, to support its mission, and guaranteeing debt of the supported organization as needed.

The j127 foundation serves as a supporting organization to the j127 education foundation. This support includes making contributions to the organization, as needed, to support its mission, and guaranteeing debt of the supported organization as needed.

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments in Publicly Traded Securities$12,385,620$12,155,653▼ $229,967
Rtn Earn Endowment Incm Other Fnds$6,977,728$11,549,937▲ $4,572,209
Land, Buildings, and Equipment, Net$0$5,689,168▲ $5,689,168
Cash and Non-Interest-Bearing Accounts$10,944$328,336▲ $317,392
Accounts Receivable-$74,995-
Prepaid Expenses and Deferred Charges-$14,036-
Pd in Cap Srpls Land Bldg Eqp Fund$0$0→ $0
Cap Stk Tr Prin Current Funds$0$0→ $0
Total Assets$13,229,747$18,262,188▲ $5,032,441
Other Assets Total$833,183$0▼ $833,183
Liabilities
Other Liabilities$6,252,019$6,684,598▲ $432,579
Accounts Payable and Accrued Expenses-$16,363-
Deferred Revenue-$11,290-
Total Liabilities$6,252,019$6,712,251▲ $460,232
Net Assets / Fund Balance
Total Net Assets Fund Balance$6,977,728$11,549,937▲ $4,572,209
Total Liabilities and Net Assets / Fund Balance$13,229,747$18,262,188▲ $5,032,441

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$5,091,352$2,467,795$7,559,147
Land$400,000-$400,000
Equipment$108,994$185,206$294,200
Leasehold Improvements$88,822$8,927$97,749
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Delores DeanDirector of Finance and AdPT-$90,331$90,331
Christin SolySecretary (non Voting)PT$54,152$129,117$54,152

Board Members and Trustees

NameTitle
Paul KlaassenChairman
Teresa KlaassenVice Chairman
Kathleen DezioBoard Member
Leslie HortumBoard Member
Susie ClarkBoard Member
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$591,287
Investment Income
$69,630
Other Revenue
$3,498
Change in Net Assets
$-546,025
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$827,028
Salaries, Compensation, and Employee Benefits$337,332
Grants and Similar Amounts Paid$46,080
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$233,678$15,505-$249,183
Depreciation Depletion$234,242--$234,242
Occupancy$227,495$4,689-$232,184
Fees for Service Investment Mgmnt Fees-$77,725-$77,725
Current Officers, Directors, Trustees, and Key Employees-$54,152-$54,152
Grants to Domestic Orgs$46,080--$46,080
Insurance$40,387--$40,387
Advertising$33,678--$33,678
Fees for Services Management$13,937$18,201-$32,138
Payroll Taxes$18,159$5,808-$23,967
Fees for Services Accounting$1,744$19,863-$21,607
Other Expenses$8,011$422-$8,433
Office Expenses$2,077$6,271-$8,348
Other Employee Benefits$8,266--$8,266
Fees for Services Other$5,245$1,065-$6,310
Pension Plan Contributions$1,764--$1,764
Travel$1,012--$1,012
Fees for Services Legal-$696-$696
Information Technology$222--$222
Total Functional Expenses$1,003,267$207,173$0$1,210,440
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
Merritt AcademyFairfax, VA501(c)(3)Matching Grant for Parent Teacher Organization$46,080
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
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Investments Held on Behalf of J127 Education Foundation$5,573,283
Due to Sslef$1,111,315
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
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
No
Other officer compensation reviewed
No
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 A, Line 2

Paul and teresa klaassen (officers and directors) are husband and wife. Christin soly (secretary) is the daughter of paul and teresa klaassen.

Form 990, Part VI, Section A, Line 7A

The independent board members are selected by paul and teresa klaassen (paul is chairman, teresa is vice chairman).

Form 990, Part VI, Section A, Line 8B

There are no committees that act on behalf of the governing body therefore there are no meetings to document.

Form 990, Part VI, Section B, Line 11

The accounting director reviews the form 990 and then submits it to the chairman of the board or secretary of the board for review and signature.

Form 990, Part VI, Section B, Line 12C

Annual conflict of interest statements are completed by the directors.

Form 990, Part VI, Section B, Line 15

The j127 foundation does not have any employees. However, the foundation reimburses a related organization, the j127 education foundation, for 50% of the compensation paid to christin soly. Mrs. Soly is the top management official for both the j127 foundation and the j127 education foundation and her time is shared between the two organizations.

Form 990, Part VI, Section C, Line 19

The form 990 is available upon request.

Filing and Contact Details

Filer

Filer Name
The J127 Foundation
EIN
45-0523312
Phone
5712215130
Address
9657 BLAKE LANE, FAIRFAX, VA 22031

Signing Officer

Name
Christin Soly
Title
Secretary
Phone
5712215130
Signed
2017-05-11
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Christin Soly
Formed
2003
Legal Domicile
Va
Voting Board Members
5
Independent Board Members
3
Employees
0
Volunteers
0

Preparer

Firm
Cherry Bekaert Llp
Address
1111 METROPOLITAN AVE STE 1000, CHARLOTTE, NC 28204
Preparer
Janice a Ratica
Phone
7043771678
Supplemental Narrative

Additional Explanations

FORM 990, PART XI, LINE 9:

Transfer-in of osprey net assets 5,234,667.

Raw XML AppendixShowing 400 of 533 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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IRS990/OtherExpensesGrp/ManagementAndGeneralAmt1422
IRS990/OtherExpensesGrp/ProgramServicesAmt084361
IRS990/OtherExpensesGrp/ProgramServicesAmt134089
IRS990/OtherExpensesGrp/ProgramServicesAmt28820
IRS990/OtherExpensesGrp/ProgramServicesAmt38011
IRS990/OtherExpensesGrp/TotalAmt084361
IRS990/OtherExpensesGrp/TotalAmt134089
IRS990/OtherExpensesGrp/TotalAmt211596
IRS990/OtherExpensesGrp/TotalAmt38433
IRS990/OtherLiabilitiesGrp/BOYAmt06252019
IRS990/OtherLiabilitiesGrp/EOYAmt06684598
IRS990/OtherRevenueMiscGrp/BusinessCd0900099
IRS990/OtherRevenueMiscGrp/Desc0MISCELLANEOUS REVENUE & REIMBURSE
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt03498
IRS990/OtherRevenueMiscGrp/UnrelatedBusinessRevenueAmt03498
IRS990/OtherRevenueTotalAmt03498
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt015505
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt0233678
IRS990/OtherSalariesAndWagesGrp/TotalAmt0249183
IRS990/PartialLiquidationInd00
IRS990/PayPremiumsPrsnlBnftCntrctInd00
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt05808
IRS990/PayrollTaxesGrp/ProgramServicesAmt018159
IRS990/PayrollTaxesGrp/TotalAmt023967
IRS990/PdInCapSrplsLandBldgEqpFundGrp/BOYAmt00
IRS990/PdInCapSrplsLandBldgEqpFundGrp/EOYAmt00
IRS990/PensionPlanContributionsGrp/ProgramServicesAmt01764
IRS990/PensionPlanContributionsGrp/TotalAmt01764
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt014036
IRS990/PrincipalOfficerNm0CHRISTIN SOLY
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0900099
IRS990/ProgramServiceRevenueGrp/BusinessCd1900099
IRS990/ProgramServiceRevenueGrp/Desc0LODGING SALES
IRS990/ProgramServiceRevenueGrp/Desc1FOOD SALES
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt0336989
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt1254298
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt0336989
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt1254298
IRS990/ProgSrvcAccomActy2Grp/Desc0THE FOUNDATION PROVIDES FUNDING TO ASSIST IN THE OPERATIONS OF A CONFERENCE AND RETREAT LEADERSHIP CENTER IN MARYLAND.
IRS990/ProgSrvcAccomActy2Grp/ExpenseAmt0915320
IRS990/ProgSrvcAccomActy2Grp/RevenueAmt0591287
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt00
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt029394
IRS990/PYInvestmentIncomeAmt0539230
IRS990/PYOtherExpensesAmt0116264
IRS990/PYOtherRevenueAmt00
IRS990/PYProgramServiceRevenueAmt00
IRS990/PYRevenuesLessExpensesAmt0295235
IRS990/PYSalariesCompEmpBnftPaidAmt098337
IRS990/PYTotalExpensesAmt0243995
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt0539230
IRS990/QuidProQuoContributionsInd00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990/ReconcilationRevenueExpnssAmt0-546025
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd01
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd01
IRS990/ReportProgramRelatedInvstInd00
IRS990/RtnEarnEndowmentIncmOthFndsGrp/BOYAmt06977728
IRS990/RtnEarnEndowmentIncmOthFndsGrp/EOYAmt011549937
IRS990ScheduleA/Form990SchASupportingOrgGrp/Contribution35ControlledInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/ContributionControllerInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/ContributionFamilyInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/ControlledDisqualifiedPrsnInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/DisqualifiedPrsnControllIntInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/DisqualifiedPrsnOwnrIntInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/ExcessBusinessHoldingsRulesInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/ListedByNameGoverningDocInd01
IRS990ScheduleA/Form990SchASupportingOrgGrp/LoanDisqualifiedPersonInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/OrganizationChangeSuprtOrgInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/PaymentSubstantialContribtrInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/SupportedOrgNotOrganizedUSInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/SupportedOrgSectionC456Ind00
IRS990ScheduleA/Form990SchASupportingOrgGrp/SupportNonSupportedOrgInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/SuprtOrgNoIRSDeterminationInd00
IRS990ScheduleA/MajorityDirTrstSupportedOrgInd01
IRS990ScheduleA/OtherSupportSumAmt00
IRS990ScheduleA/SupportedOrganizationsCnt02
IRS990ScheduleA/SupportedOrganizationsTotalCnt02
IRS990ScheduleA/SupportedOrgInformationGrp/EIN0541371815
IRS990ScheduleA/SupportedOrgInformationGrp/EIN1542006566
IRS990ScheduleA/SupportedOrgInformationGrp/GoverningDocumentListedInd01
IRS990ScheduleA/SupportedOrgInformationGrp/GoverningDocumentListedInd11
IRS990ScheduleA/SupportedOrgInformationGrp/OrganizationTypeCd02
IRS990ScheduleA/SupportedOrgInformationGrp/OrganizationTypeCd19
IRS990ScheduleA/SupportedOrgInformationGrp/OtherSupportAmt00
IRS990ScheduleA/SupportedOrgInformationGrp/OtherSupportAmt10
IRS990ScheduleA/SupportedOrgInformationGrp/SupportAmt046080
IRS990ScheduleA/SupportedOrgInformationGrp/SupportAmt10
IRS990ScheduleA/SupportedOrgInformationGrp/SupportedOrganizationName/BusinessNameLine1Txt0THE J127 EDUCATION FOUNDATION
IRS990ScheduleA/SupportedOrgInformationGrp/SupportedOrganizationName/BusinessNameLine1Txt1SUNRISE HOUSING FOUNDATION
IRS990ScheduleA/SupportingOrganization509a3Ind0X
IRS990ScheduleA/SupportingOrgType2Ind0X
IRS990ScheduleA/SupportSumAmt046080
IRS990/ScheduleBRequiredInd00
IRS990ScheduleD/AgentTrusteeEtcInd00
IRS990ScheduleD/BuildingsGrp/BookValueAmt05091352
IRS990ScheduleD/BuildingsGrp/DepreciationAmt02467795
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt07559147
IRS990ScheduleD/EquipmentGrp/BookValueAmt0108994
IRS990ScheduleD/EquipmentGrp/DepreciationAmt0185206
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt0294200
IRS990ScheduleD/LandGrp/BookValueAmt0400000
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt0400000
IRS990ScheduleD/LeaseholdImprovementsGrp/BookValueAmt088822
IRS990ScheduleD/LeaseholdImprovementsGrp/DepreciationAmt08927
IRS990ScheduleD/LeaseholdImprovementsGrp/OtherCostOrOtherBasisAmt097749
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt05573283
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt11111315
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0INVESTMENTS HELD ON BEHALF OF J127 EDUCATION FOUNDATION
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc1DUE TO SSLEF
IRS990ScheduleD/TotalBookValueLandBuildingsAmt05689168
IRS990ScheduleD/TotalLiabilityAmt06684598
IRS990ScheduleI/GrantRecordsMaintainedInd01
IRS990ScheduleI/RecipientTable/CashGrantAmt046080
IRS990ScheduleI/RecipientTable/IRCSectionDesc0501(C)(3)
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt0MATCHING GRANT FOR PARENT TEACHER ORGANIZATION
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt0MERRITT ACADEMY
IRS990ScheduleI/RecipientTable/RecipientEIN0541371815
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt09211 ARLINGTON BLVD
IRS990ScheduleI/RecipientTable/USAddress/CityNm0FAIRFAX
IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd0VA
IRS990ScheduleI/RecipientTable/USAddress/ZIPCd022031
IRS990ScheduleI/SupplementalInformationDetail/ExplanationTxt0THE ORGANIZATION WILL MATCH MONEY RAISED BY THE INDIVIDUAL SCHOOL PARENT TEACHER ORGANIZATION'S OF ITS SUPPORTED ORGANIZATION, THE J127 EDUCATION FOUNDATION.
IRS990ScheduleI/SupplementalInformationDetail/FormAndLineReferenceDesc0PART I, LINE 2:
IRS990ScheduleI/Total501c3OrgCnt01
IRS990ScheduleI/TotalOtherOrgCnt00
IRS990ScheduleJ/AnyNonFixedPaymentsInd00
IRS990ScheduleJ/CompBasedOnRevenueOfFlngOrgInd00
IRS990ScheduleJ/CompBsdNetEarnsFlngOrgInd00
IRS990ScheduleJ/CompBsdNetEarnsRltdOrgsInd00
IRS990ScheduleJ/CompBsdOnRevRelatedOrgsInd00
IRS990ScheduleJ/EquityBasedCompArrngmInd00
IRS990ScheduleJ/InitialContractExceptionInd00
IRS990/ScheduleJRequiredInd01
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt054152
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusFilingOrganizationAmount00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusRelatedOrganizationsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompensationBasedOnRltdOrgsAmt0118551
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990FilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990RltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompensationFlngOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsFilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsRltdOrgsAmt010566
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationFilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm0CHRISTIN SOLY
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt0SECRETARY (NON VOTING)
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationFilingOrgAmt054152
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationRltdOrgsAmt0129117
IRS990ScheduleJ/SeverancePaymentInd00
IRS990ScheduleJ/SupplementalNonqualRtrPlanInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0PAUL AND TERESA KLAASSEN (OFFICERS AND DIRECTORS) ARE HUSBAND AND WIFE. CHRISTIN SOLY (SECRETARY) IS THE DAUGHTER OF PAUL AND TERESA KLAASSEN.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE INDEPENDENT BOARD MEMBERS ARE SELECTED BY PAUL AND TERESA KLAASSEN (PAUL IS CHAIRMAN, TERESA IS VICE CHAIRMAN).
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THERE ARE NO COMMITTEES THAT ACT ON BEHALF OF THE GOVERNING BODY THEREFORE THERE ARE NO MEETINGS TO DOCUMENT.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THE ACCOUNTING DIRECTOR REVIEWS THE FORM 990 AND THEN SUBMITS IT TO THE CHAIRMAN OF THE BOARD OR SECRETARY OF THE BOARD FOR REVIEW AND SIGNATURE.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4ANNUAL CONFLICT OF INTEREST STATEMENTS ARE COMPLETED BY THE DIRECTORS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5THE J127 FOUNDATION DOES NOT HAVE ANY EMPLOYEES. HOWEVER, THE FOUNDATION REIMBURSES A RELATED ORGANIZATION, THE J127 EDUCATION FOUNDATION, FOR 50% OF THE COMPENSATION PAID TO CHRISTIN SOLY. MRS. SOLY IS THE TOP MANAGEMENT OFFICIAL FOR BOTH THE J127 FOUNDATION AND THE J127 EDUCATION FOUNDATION AND HER TIME IS SHARED BETWEEN THE TWO ORGANIZATIONS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6THE FORM 990 IS AVAILABLE UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt7TRANSFER-IN OF OSPREY NET ASSETS 5,234,667.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION A, LINE 2
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION A, LINE 7A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION A, LINE 8B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART VI, SECTION B, LINE 11
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PART VI, SECTION B, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990, PART VI, SECTION B, LINE 15
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6FORM 990, PART VI, SECTION C, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc7FORM 990, PART XI, LINE 9:
IRS990ScheduleR/AssetExchangeInd00
IRS990ScheduleR/AssetPurchaseFromOtherOrgInd00
IRS990ScheduleR/AssetSaleToOtherOrgInd00

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$20.9$10.9$9.97$1.07$0.34$0.73
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$16.7$7.78$8.90$0.25$0.28$0.53
2022Facts available. Structured filing facts are available, but richer extracted sections are limited.$24.4$15.9$8.48$0.10$0.26$0.16
2021Facts available. Structured filing facts are available, but richer extracted sections are limited.$27.6$17.7$9.93$1.77$0.37$2.14
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$24.0$13.1$11.0$0.29$0.69$0.40
2019Facts available. Structured filing facts are available, but richer extracted sections are limited.$24.7$13.1$11.5$0.34$0.59$0.26
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$24.4$12.8$11.7$0.37$0.76$0.39
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$23.7$12.0$11.7$0.73$1.76$1.04
2016Detailed filing. Detailed filing data is available for this year.$18.3$6.71$11.5$0.66$1.21$0.55
2015Detailed filing. Detailed filing data is available for this year.$13.2$6.25$6.98$0.54$0.24$0.30
2014Detailed filing. Detailed filing data is available for this year.$15.7$8.66$7.02$0.39$0.17$0.22
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$9.48$3.27$6.21$2.72
2012Summary only. Only limited summary data is available for this year.$6.96$0.00$6.96$0.15$0.15$0.00
2011Summary only. Only limited summary data is available for this year.$7.12$0.00$7.12$0.57$0.07$0.64
2010Summary only. Only limited summary data is available for this year.$6.19$0.00$6.19$0.08$0.13$0.05