Civic Intelligence

The J127 Foundation

990 • Fiscal year 2017 • EIN 45-0523312

Jul 01, 2016 to Jun 30, 2017 • Filed on Feb 23, 2018

Organization ProfileN/A
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

73rd percentile

0.51x

Higher debt load relative to assets than 73% of similar nonprofits.

2017 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2017

Liabilities / Revenue

98th percentile

16.51x

Higher debt load relative to revenue than 98% of similar nonprofits.

2017 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2017

Net Margin

2nd percentile

-142%

Higher net margin than 2% of similar nonprofits.

2017 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2017

Top Officer Pay

76th percentile

$276,597

Higher top officer pay than 76% of similar nonprofits.

Top officer pay equals 38.0% of source-year revenue.

2017 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2017

Asset Growth

89th percentile

30%

Faster asset growth than 89% of similar nonprofits.

2017 filings • 501(c)3 • $10M-$25M nonprofits • Annualized from 2016 to 2017

Revenue Growth

62nd percentile

9.5%

Faster revenue growth than 62% of similar nonprofits.

2017 filings • 501(c)3 • $10M-$25M nonprofits • Annualized from 2016 to 2017

Balance Sheet
Liabilities / Assets73rd percentile

Assets

Up

$23,687,935

Up $5,425,747 (+30%) from 2016

Net Assets

Up

$11,672,094

Up $122,157 (+1.1%) from 2016

Liabilities

Up

$12,015,841

Up $5,303,590 (+79%) from 2016

Revenue And Expenses
Liabilities / Revenue98th percentileNet Margin2nd percentile

Revenue

Up

$727,830

Up $63,415 (+9.5%) from 2016

Expenses

Up

$1,763,945

Up $553,505 (+46%) from 2016

Net Income

Down

-$1,036,115

Down $490,090 (-90%) from 2016

Historical Trend

Balance Sheet Trend

Asset Growth89th percentile

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

2017

Assets$23,687,935
Liabilities$12,015,841
Net Assets$11,672,094
Open 2017 Filing

Operations Trend

Revenue Growth62nd percentile

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

2017

Revenue$727,830
Expenses$1,763,945
Net Income-$1,036,115
Open 2017 Filing
Jump To
Filing Snapshot
Filing Period
Jul 1, 2016 to Jun 30, 2017
Signed
Feb 23, 2018
Return Version
2016v3.0
Gross Receipts
$727,830
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$12,155,653$13,429,641▲ $1,273,988
Rtn Earn Endowment Incm Other Fnds$11,549,937$11,672,094▲ $122,157
Land, Buildings, and Equipment, Net$5,689,168$5,480,868▼ $208,300
Cash and Non-Interest-Bearing Accounts$328,336$506,861▲ $178,525
Accounts Receivable$74,995$51,409▼ $23,586
Prepaid Expenses and Deferred Charges$14,036$15,455▲ $1,419
Pd in Cap Srpls Land Bldg Eqp Fund$0$0→ $0
Cap Stk Tr Prin Current Funds$0$0→ $0
Total Assets$18,262,188$23,687,935▲ $5,425,747
Other Assets Total$0$4,203,701▲ $4,203,701
Liabilities
Other Liabilities$6,684,598$7,777,514▲ $1,092,916
Mortgage Notes Payable Secured by Investment Property-$4,203,701-
Deferred Revenue$11,290$23,955▲ $12,665
Accounts Payable and Accrued Expenses$16,363$10,671▼ $5,692
Total Liabilities$6,712,251$12,015,841▲ $5,303,590
Net Assets / Fund Balance
Total Net Assets Fund Balance$11,549,937$11,672,094▲ $122,157
Total Liabilities and Net Assets / Fund Balance$18,262,188$23,687,935▲ $5,425,747

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$4,884,152$2,675,995$7,560,147
Land$400,000-$400,000
Equipment$112,782$205,043$317,825
Leasehold Improvements$83,934$13,815$97,749
Other Assets Org$4,203,701--
Compensation and Service Providers
Top Officer Pay76th percentile

Board Members and Trustees

NameTitle
Paul KlaassenChairman
Teresa KlaassenVice Chairman
Kathleen DezioBoard Member
Leslie HortumBoard Member
Susie ClarkBoard Member
delores deandirector of finance and ad
Christin SolySECRETARY (non voting)
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$503,191
Investment Income
$224,534
Other Revenue
$105
Change in Net Assets
$-1,036,115
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$1,437,940
Salaries, Compensation, and Employee Benefits$291,164
Grants and Similar Amounts Paid$34,841
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Payments to Affiliates$663,998--$663,998
Other Salaries and Wages$204,434$55,107-$259,541
Depreciation Depletion$232,924--$232,924
Occupancy$215,889--$215,889
Fees for Service Investment Mgmnt Fees-$81,285-$81,285
Insurance$44,431--$44,431
Fees for Services Management$15,671$20,626-$36,297
Grants to Domestic Orgs$34,841--$34,841
All Other Expenses$32,365$1,058-$33,423
Payroll Taxes$15,340$4,492-$19,832
Advertising$11,563--$11,563
Other Employee Benefits$9,623--$9,623
Office Expenses$1,486$5,202-$6,688
Fees for Services Other$3,738--$3,738
Other Expenses$2,390--$2,390
Pension Plan Contributions$2,168--$2,168
Fees for Services Accounting$1,092$800-$1,892
Information Technology$827--$827
Fees for Services Legal$70$354-$424
Total Functional Expenses$1,595,021$168,924$0$1,763,945
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
J127 Educational FoundationFairfax, VA501(c)(3)matching grant for parent teacher organization$34,841
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$7,777,514
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 11B

“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. 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
2018-02-23
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
Amanda Adams
Phone
7043771678
Raw XML AppendixShowing 400 of 519 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/Desc1Taxes and Licenses
IRS990/OtherExpensesGrp/Desc2REPAIRS AND MAINTENANCE
IRS990/OtherExpensesGrp/ProgramServicesAmt064816
IRS990/OtherExpensesGrp/ProgramServicesAmt137355
IRS990/OtherExpensesGrp/ProgramServicesAmt22390
IRS990/OtherExpensesGrp/TotalAmt064816
IRS990/OtherExpensesGrp/TotalAmt137355
IRS990/OtherExpensesGrp/TotalAmt22390
IRS990/OtherLiabilitiesGrp/BOYAmt06684598
IRS990/OtherLiabilitiesGrp/EOYAmt07777514
IRS990/OtherRevenueTotalAmt0105
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt055107
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt0204434
IRS990/OtherSalariesAndWagesGrp/TotalAmt0259541
IRS990/PartialLiquidationInd00
IRS990/PaymentsToAffiliatesGrp/ProgramServicesAmt0663998
IRS990/PaymentsToAffiliatesGrp/TotalAmt0663998
IRS990/PayPremiumsPrsnlBnftCntrctInd00
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt04492
IRS990/PayrollTaxesGrp/ProgramServicesAmt015340
IRS990/PayrollTaxesGrp/TotalAmt019832
IRS990/PdInCapSrplsLandBldgEqpFundGrp/BOYAmt00
IRS990/PdInCapSrplsLandBldgEqpFundGrp/EOYAmt00
IRS990/PensionPlanContributionsGrp/ProgramServicesAmt02168
IRS990/PensionPlanContributionsGrp/TotalAmt02168
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt014036
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt015455
IRS990/PrincipalOfficerNm0CHRISTIN SOLY
IRS990/PriorPeriodAdjustmentsAmt02987
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0900099
IRS990/ProgramServiceRevenueGrp/BusinessCd1900099
IRS990/ProgramServiceRevenueGrp/Desc0Lodging Sales
IRS990/ProgramServiceRevenueGrp/Desc1Food Sales
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt0285154
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt1218037
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt0285154
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt1218037
IRS990/ProgSrvcAccomActy2Grp/Desc0The Foundation provides funding to assist in the operations of a conference and retreat leadership center in maryland.
IRS990/ProgSrvcAccomActy2Grp/ExpenseAmt01560180
IRS990/ProgSrvcAccomActy2Grp/RevenueAmt0503191
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt00
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt046080
IRS990/PYInvestmentIncomeAmt069630
IRS990/PYOtherExpensesAmt0827028
IRS990/PYOtherRevenueAmt03498
IRS990/PYProgramServiceRevenueAmt0591287
IRS990/PYRevenuesLessExpensesAmt0-546025
IRS990/PYSalariesCompEmpBnftPaidAmt0337332
IRS990/PYTotalExpensesAmt01210440
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt0664415
IRS990/QuidProQuoContributionsInd00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990/ReconcilationRevenueExpnssAmt0-1036115
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd01
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd01
IRS990/ReportOtherLiabilitiesInd01
IRS990/ReportProgramRelatedInvstInd00
IRS990/RtnEarnEndowmentIncmOthFndsGrp/BOYAmt011549937
IRS990/RtnEarnEndowmentIncmOthFndsGrp/EOYAmt011672094
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/SupportedOrganizationsCnt01
IRS990ScheduleA/SupportedOrganizationsTotalCnt01
IRS990ScheduleA/SupportedOrgInformationGrp/EIN0541371815
IRS990ScheduleA/SupportedOrgInformationGrp/GoverningDocumentListedInd01
IRS990ScheduleA/SupportedOrgInformationGrp/OrganizationTypeCd02
IRS990ScheduleA/SupportedOrgInformationGrp/OtherSupportAmt00
IRS990ScheduleA/SupportedOrgInformationGrp/SupportAmt034841
IRS990ScheduleA/SupportedOrgInformationGrp/SupportedOrganizationName/BusinessNameLine1Txt0THE J127 EDUCATION FOUNDATION
IRS990ScheduleA/SupportingOrganization509a3Ind0X
IRS990ScheduleA/SupportingOrgType2Ind0X
IRS990ScheduleA/SupportSumAmt034841
IRS990/ScheduleBRequiredInd00
IRS990ScheduleD/AgentTrusteeEtcInd00
IRS990ScheduleD/BuildingsGrp/BookValueAmt04884152
IRS990ScheduleD/BuildingsGrp/DepreciationAmt02675995
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt07560147
IRS990ScheduleD/EquipmentGrp/BookValueAmt0112782
IRS990ScheduleD/EquipmentGrp/DepreciationAmt0205043
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt0317825
IRS990ScheduleD/LandGrp/BookValueAmt0400000
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt0400000
IRS990ScheduleD/LeaseholdImprovementsGrp/BookValueAmt083934
IRS990ScheduleD/LeaseholdImprovementsGrp/DepreciationAmt013815
IRS990ScheduleD/LeaseholdImprovementsGrp/OtherCostOrOtherBasisAmt097749
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt04203701
IRS990ScheduleD/OtherAssetsOrgGrp/Desc0Due from J127 Education Foundation
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt07777514
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0investments held on behalf of j127 education foundation
IRS990ScheduleD/TotalBookValueLandBuildingsAmt05480868
IRS990ScheduleD/TotalBookValueOtherAssetsAmt04203701
IRS990ScheduleD/TotalLiabilityAmt07777514
IRS990ScheduleI/GrantRecordsMaintainedInd01
IRS990ScheduleI/RecipientTable/CashGrantAmt034841
IRS990ScheduleI/RecipientTable/IRCSectionDesc0501(c)(3)
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt0matching grant for parent teacher organization
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt0J127 Educational Foundation
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 only makes grants to its supported organizations. The close connection between the organizations serves to monitor the use of the funds.
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/BaseCompensationFilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusFilingOrganizationAmount00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusRelatedOrganizationsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompensationBasedOnRltdOrgsAmt0209622
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990FilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990RltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompensationFlngOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompRltdOrgsAmt0288
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsFilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsRltdOrgsAmt066687
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationFilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm0CHRISTIN SOLY
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt0SECRETARY (non voting)
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationFilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationRltdOrgsAmt0276597
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. 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/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 11b
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
IRS990ScheduleR/AssetExchangeInd00
IRS990ScheduleR/AssetPurchaseFromOtherOrgInd00
IRS990ScheduleR/AssetSaleToOtherOrgInd00
IRS990ScheduleR/DivRelatedOrganizationInd00
IRS990ScheduleR/GiftGrntCapContriFromOthOrgInd00
IRS990ScheduleR/GiftGrntOrCapContriToOthOrgInd01
IRS990ScheduleR/IdDisregardedEntitiesGrp/DirectControllingEntityName/BusinessNameLine1Txt0the j127 foundation
IRS990ScheduleR/IdDisregardedEntitiesGrp/DisregardedEntityName/BusinessNameLine1Txt0j127 realty llc
IRS990ScheduleR/IdDisregardedEntitiesGrp/EIN0472145929
IRS990ScheduleR/IdDisregardedEntitiesGrp/EndOfYearAssetsAmt06043263

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2017 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$23,687,935
Liabilities
$12,015,841
Net assets
$11,672,094
Revenue
$727,830
Expenses
$1,763,945
Net income
-$1,036,115
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
2017Detailed filing. Detailed filing data is available for this year.$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