Civic Intelligence

Jake Offutt Foundation Inc.

990EZ • Fiscal year 2016 • EIN 81-1357303

Jan 01, 2016 to Dec 31, 2016 • Filed on Nov 08, 2017

PO Box 2982Westminster, MD 21157

(410) 465-7793

Siviq Scores

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

Liabilities / Assets

Score unavailable

No value available

Liabilities-to-assets requires both liabilities and assets on this filing.

Source year 2016

Liabilities / Revenue

Score unavailable

No value available

Liabilities-to-revenue requires both liabilities and revenue on this filing.

Source year 2016

Net Margin

90th percentile

42%

Higher net margin than 90% of similar nonprofits.

2016 filings • 501(c)3 • <$500k nonprofits • Source year 2016

Top Officer Pay

75th percentile

$0

Higher top officer pay than 75% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

2016 filings • 501(c)3 • <$500k nonprofits • Source year 2016

Asset Growth

Score unavailable

No value available

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

Source year 2016

Revenue Growth

Score unavailable

No value available

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

Source year 2016

Assets

$28,505

No earlier filing loaded for comparison.

Net Assets

$28,505

No earlier filing loaded for comparison.

Liabilities

-

No earlier filing loaded for comparison.

Revenue

$67,164

No earlier filing loaded for comparison.

Expenses

$38,659

No earlier filing loaded for comparison.

Net Income

$28,505

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.

$30K$20K$10K$0Assets 2016: $28,505Net Assets 2016: $28,5052016Assets 2017: $13,818Liabilities 2017: $3,648Net Assets 2017: $10,1702017

Highlighted filing

2016

Assets$28,505
Liabilities-
Net Assets$28,505

Operations Trend

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

$80K$60K$40K$20K$0-$20KRevenue 2016: $67,164Expenses 2016: $38,659Net Income 2016: $28,5052016Revenue 2017: $26,635Expenses 2017: $27,208Net Income 2017: -$5732017

Highlighted filing

2016

Revenue$67,164
Expenses$38,659
Net Income$28,505
Jump To
Filing Snapshot
Filing Period
Jan 1, 2016 to Dec 31, 2016
Signed
Nov 8, 2017
Return Version
2016v3.0
Gross Receipts
$100,377
Mission and Program Overview

Mission

The mission of the jake offutt foundation is to provide funding for the cure of pediatric cancer, as well as, provide support to individuals for academic and athletic related opportunities. The support we provide will allow jake's love of martial arts, education, and helping others to spread throughout the community to others so that they may learn to "embrace the warrior within". Our vision is that we live jake's dream for him by giving back to those who have helped him. We hope to spread jake's love of martial arts with others. The jake offutt foundation will provide scholarships to as many individuals as possible so that jake can spread his love of martial arts at tristar. Helping others was important to jake as he embraced his warrior spirit. The jake offutt foundation strives to help others in variety of ways. One of those ways is raising money for pediatric cancer research. We want to help fight this horrible disease that is so grossly underfunded. Supporting children and adults

The mission of the jake offutt foundation is to provide funding for the cure of pediatric cancer, as well as, provide support to individuals for academic and athletic related opportunities. The support we provide will allow jake's love of martial arts, education and helping others to spread throughout the community to others so that they may learn to "embrace the warrior within". Our vision is that we live jake's dream for him by giving back to those who have helped him. We hope to spread jake's love of martial arts with others. The jake offutt foundation will provide scholarships to as many individuals as possible so that jake can spread his love of martial arts at tristar. Helping others was important to jake as he embraced his warrior spirit. The jake offutt foundation strives to help others in variety of ways. One of those ways is raising money for pediatric cancer research. We want to help fight this horrible disease that is so grossly underfunded. Supporting children and adults t

Program Services

DescriptionGrantsExpenses
TO PROVIDE SUPPORT TO INDIVIDUALS FOR ACADEMIC AND ATHLETIC RELATED OPPORTUNITIES. PROVIDED FUNDING AND SCHOLARSHIPS FOR VARIOUS EXTRACURRICULAR ACTIVITIES THAT JAKE WAS PASSIONATE ABOUT HIMSELF. WE AWARDED 4 MARTIAL ARTS SCHOLARSHIPS, PROVIDED WINTERS MILL HIGH SCHOOL WITH MUCH NEEDED ATHLETIC EQUIPMENT COSTING 4,000, AND PROVIDED ST. JOHN'S CATHOLIC SCHOOL PLAYGROUND FUND WITH 6,000 TO BE USED FOR BUILDING REPAIRS, PLAYGROUND EQUIPMENT, OR CLASS SUPPLIES.$15,139$16,300
TO ASSIST THOSE WITH GENETIC ILLNESSES. THE FOUNDATION PURCHASED A DEVICE FROM ESIGHT COMPANY TO HELP AN INSTRUCTOR AT TRISTAR MARTIAL ARTS WITH HIS VISION. THE INSTRUCTOR IS LEGALLY BLIND FROM A GENETIC CONDITION AT BIRTH AND ALLOWS HIM TO SEE FOR THE FIRST TIME.$15,010$15,010
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
JOE OFFUTTVice Preside-$0--
LEAH OFFUTTPresidentPT$0--
JOANNE GALESSecretary-$0--
KIM OFFUTTMember-$0--
LAURA D'ANDREADirector-$0--
NICKIE LANZAMember-$0--
ASHLEY HOLLENBECKTreasurer-$0--
CANDACE BIRGERMember-$0--
Fundraising, Events, and Gaming

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Rock for Jake$34,137$25,787$21,628$4,159
Golf Fore Jake$12,089$9,829$489$9,340
Total Events$46,226$35,616$33,213$2,403
Filing and Contact Details

Filer

Filer Name
Jake Offutt Foundation Inc
EIN
81-1357303
Phone
4104657793
Address
PO BOX 2982, WESTMINSTER, MD 21157

Signing Officer

Name
Leah Offutt
Title
President
Phone
4104657793
Signed
2017-11-08
Discuss with paid preparer
Yes

Preparer

Firm
Rlh Cpas & Business Advisors LLC
Address
205 EAST MAIN STREET, WESTMINSTER, MD 21157-5227
Preparer
Sherry M Cracium-bolin CPA
Phone
4108763990
Supplemental Narrative

Additional Explanations

Form 990-ez, Part I, Line 10

None medical 10/31/2016 15,010 0 15,010

Form 990-ez, Part I, Line 10

St. John catholic school 08/17/2016 45 monroe st., westminster, md 21157 6,000 0 6,000

Form 990-ez, Part I, Line 16

Expenses advertising 415 it expenses 506 travel / meals 1,265 telephone 1,986 supplies and equipment 1,066 miscellaneous expenses 695 total 5,933

Form 990-ez, Part III

The mission of the jake offutt foundation is to provide funding for the cure of pediatric cancer, as well as, provide support to individuals for academic and athletic related opportunities. The support we provide will allow jake's love of martial arts, education and helping others to spread throughout the community to others so that they may learn to "embrace the warrior within". Our vision is that we live jake's dream for him by giving back to those who have helped him. We hope to spread jake's love of martial arts with others. The jake offutt foundation will provide scholarships to as many individuals as possible so that jake can spread his love of martial arts at tristar. Helping others was important to jake as he embraced his warrior spirit. The jake offutt foundation strives to help others in variety of ways. One of those ways is raising money for pediatric cancer research. We want to help fight this horrible disease that is so grossly underfunded. Supporting children and adults through scholarships to participate in martial arts classes at tristar martial arts is another area of importance. This support will allow individuals to take part in classes that will provide a positive, supportive and structured martial arts environment. Tristar helps to build self-discipline, self-confidence, respect, character, self-control, and more. Students at tristar martial arts embody the true warrior spirit and embrace the warrior within. Supporting jake's high school football team by providing them with athletic equipment the team needs is something we also feel strongly about. Supporting students and education is important. One way the jake offutt foundation plans to do that is to give back to jake's former elementary and middle school. He attended st. Johns school for 9 years and developed a close relationship with the teacher's. The school is always in need of repairs or supplies. We plan to help provide some funds for the school to make necessary updates. We believe that by helping others in the ways above, the jake offutt foundation will be able to help community members "embrace the warrior within".

Form 990-ez, Part III, Line 28

To provide support to individuals for academic and athletic related opportunities. Provided funding and scholarships for various extracurricular activities that jake was passionate about himself. We awarded 4 martial arts scholarships, provided winters mill high school with much needed athletic equipment costing 4,000, and provided st. John's catholic school playground fund with 6,000 to be used for building repairs, playground equipment, or class supplies.

Form 990-ez, Part III, Line 29

To assist those with genetic illnesses. The foundation purchased a device from esight company to help an instructor at tristar martial arts with his vision. The instructor is legally blind from a genetic condition at birth and allows him to see for the first time.

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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0NONE MEDICAL 10/31/2016 15,010 0 15,010
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1ST. JOHN CATHOLIC SCHOOL 08/17/2016 45 MONROE ST., WESTMINSTER, MD 21157 6,000 0 6,000
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2EXPENSES ADVERTISING 415 IT EXPENSES 506 TRAVEL / MEALS 1,265 TELEPHONE 1,986 SUPPLIES AND EQUIPMENT 1,066 MISCELLANEOUS EXPENSES 695 TOTAL 5,933
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THE MISSION OF THE JAKE OFFUTT FOUNDATION IS TO PROVIDE FUNDING FOR THE CURE OF PEDIATRIC CANCER, AS WELL AS, PROVIDE SUPPORT TO INDIVIDUALS FOR ACADEMIC AND ATHLETIC RELATED OPPORTUNITIES. THE SUPPORT WE PROVIDE WILL ALLOW JAKE'S LOVE OF MARTIAL ARTS, EDUCATION AND HELPING OTHERS TO SPREAD THROUGHOUT THE COMMUNITY TO OTHERS SO THAT THEY MAY LEARN TO "EMBRACE THE WARRIOR WITHIN". OUR VISION IS THAT WE LIVE JAKE'S DREAM FOR HIM BY GIVING BACK TO THOSE WHO HAVE HELPED HIM. WE HOPE TO SPREAD JAKE'S LOVE OF MARTIAL ARTS WITH OTHERS. THE JAKE OFFUTT FOUNDATION WILL PROVIDE SCHOLARSHIPS TO AS MANY INDIVIDUALS AS POSSIBLE SO THAT JAKE CAN SPREAD HIS LOVE OF MARTIAL ARTS AT TRISTAR. HELPING OTHERS WAS IMPORTANT TO JAKE AS HE EMBRACED HIS WARRIOR SPIRIT. THE JAKE OFFUTT FOUNDATION STRIVES TO HELP OTHERS IN VARIETY OF WAYS. ONE OF THOSE WAYS IS RAISING MONEY FOR PEDIATRIC CANCER RESEARCH. WE WANT TO HELP FIGHT THIS HORRIBLE DISEASE THAT IS SO GROSSLY UNDERFUNDED. SUPPORTING CHILDREN AND ADULTS THROUGH SCHOLARSHIPS TO PARTICIPATE IN MARTIAL ARTS CLASSES AT TRISTAR MARTIAL ARTS IS ANOTHER AREA OF IMPORTANCE. THIS SUPPORT WILL ALLOW INDIVIDUALS TO TAKE PART IN CLASSES THAT WILL PROVIDE A POSITIVE, SUPPORTIVE AND STRUCTURED MARTIAL ARTS ENVIRONMENT. TRISTAR HELPS TO BUILD SELF-DISCIPLINE, SELF-CONFIDENCE, RESPECT, CHARACTER, SELF-CONTROL, AND MORE. STUDENTS AT TRISTAR MARTIAL ARTS EMBODY THE TRUE WARRIOR SPIRIT AND EMBRACE THE WARRIOR WITHIN. SUPPORTING JAKE'S HIGH SCHOOL FOOTBALL TEAM BY PROVIDING THEM WITH ATHLETIC EQUIPMENT THE TEAM NEEDS IS SOMETHING WE ALSO FEEL STRONGLY ABOUT. SUPPORTING STUDENTS AND EDUCATION IS IMPORTANT. ONE WAY THE JAKE OFFUTT FOUNDATION PLANS TO DO THAT IS TO GIVE BACK TO JAKE'S FORMER ELEMENTARY AND MIDDLE SCHOOL. HE ATTENDED ST. JOHNS SCHOOL FOR 9 YEARS AND DEVELOPED A CLOSE RELATIONSHIP WITH THE TEACHER'S. THE SCHOOL IS ALWAYS IN NEED OF REPAIRS OR SUPPLIES. WE PLAN TO HELP PROVIDE SOME FUNDS FOR THE SCHOOL TO MAKE NECESSARY UPDATES. WE BELIEVE THAT BY HELPING OTHERS IN THE WAYS ABOVE, THE JAKE OFFUTT FOUNDATION WILL BE ABLE TO HELP COMMUNITY MEMBERS "EMBRACE THE WARRIOR WITHIN".
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4TO PROVIDE SUPPORT TO INDIVIDUALS FOR ACADEMIC AND ATHLETIC RELATED OPPORTUNITIES. PROVIDED FUNDING AND SCHOLARSHIPS FOR VARIOUS EXTRACURRICULAR ACTIVITIES THAT JAKE WAS PASSIONATE ABOUT HIMSELF. WE AWARDED 4 MARTIAL ARTS SCHOLARSHIPS, PROVIDED WINTERS MILL HIGH SCHOOL WITH MUCH NEEDED ATHLETIC EQUIPMENT COSTING 4,000, AND PROVIDED ST. JOHN'S CATHOLIC SCHOOL PLAYGROUND FUND WITH 6,000 TO BE USED FOR BUILDING REPAIRS, PLAYGROUND EQUIPMENT, OR CLASS SUPPLIES.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5TO ASSIST THOSE WITH GENETIC ILLNESSES. THE FOUNDATION PURCHASED A DEVICE FROM ESIGHT COMPANY TO HELP AN INSTRUCTOR AT TRISTAR MARTIAL ARTS WITH HIS VISION. THE INSTRUCTOR IS LEGALLY BLIND FROM A GENETIC CONDITION AT BIRTH AND ALLOWS HIM TO SEE FOR THE FIRST TIME.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990-EZ, PART I, LINE 10
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990-EZ, PART I, LINE 10
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990-EZ, PART I, LINE 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990-EZ, PART III
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990-EZ, PART III, LINE 28
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990-EZ, PART III, LINE 29
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ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0205 EAST MAIN STREET
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0WESTMINSTER
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0MD
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd0211575227
ReturnHeader/PreparerPersonGrp/PhoneNum04108763990
ReturnHeader/PreparerPersonGrp/PreparationDt02017-11-08
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0SHERRY M CRACIUM-BOLIN CPA
ReturnHeader/ReturnTs02017-11-14T11:28:22-05:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02016-01-01
ReturnHeader/TaxPeriodEndDt02016-12-31
ReturnHeader/TaxYr02016

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