Civic Intelligence

Jakt Foundation Inc.

990 • Fiscal year 2021 • EIN 81-5319087

Jan 01, 2021 to Dec 31, 2021 • Filed on Sep 09, 2022

Organization ProfileWWW.JAKTFOUNDATION.ORG
PO Box 85Newman Lake, WA 99025

(509) 621-0125

Siviq Scores

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

Liabilities / Assets

71st percentile

0.04x

Higher debt load relative to assets than 71% of similar nonprofits.

2021 filings • 501(c)3 • <$500k nonprofits • Source year 2021

Liabilities / Revenue

64th percentile

0.01x

Higher debt load relative to revenue than 64% of similar nonprofits.

2021 filings • 501(c)3 • <$500k nonprofits • Source year 2021

Net Margin

55th percentile

12%

Higher net margin than 55% of similar nonprofits.

2021 filings • 501(c)3 • <$500k nonprofits • Source year 2021

Top Officer Pay

77th percentile

$0

Higher top officer pay than 77% of similar nonprofits.

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

2021 filings • 501(c)3 • <$500k nonprofits • Source year 2021

Asset Growth

71st percentile

29%

Faster asset growth than 71% of similar nonprofits.

2021 filings • 501(c)3 • <$500k nonprofits • Annualized from 2020 to 2021

Revenue Growth

82nd percentile

76%

Faster revenue growth than 82% of similar nonprofits.

2021 filings • 501(c)3 • <$500k nonprofits • Annualized from 2020 to 2021

Balance Sheet
Liabilities / Assets71st percentile

Assets

Up

$41,675

Up $9,260 (+29%) from 2020

Net Assets

Up

$40,119

Up $9,139 (+29%) from 2020

Liabilities

Up

$1,556

Up $121 (+8.4%) from 2020

Revenue And Expenses
Liabilities / Revenue64th percentileNet Margin55th percentile

Revenue

Up

$154,223

Up $66,483 (+76%) from 2020

Expenses

Up

$135,410

Up $68,126 (+101%) from 2020

Net Income

Down

$18,813

Down $1,643 (-8.0%) from 2020

Historical Trend

Balance Sheet Trend

Asset Growth71st percentile

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

$100K$50K$0-$50KAssets 2017: $2,789Liabilities 2017: $37,500Net Assets 2017: -$34,7112017Assets 2018: $1,764Liabilities 2018: $40,312Net Assets 2018: -$38,5482018Assets 2019: $12,011Liabilities 2019: $1,487Net Assets 2019: $10,5242019Assets 2020: $32,415Liabilities 2020: $1,435Net Assets 2020: $30,9802020Assets 2021: $41,675Liabilities 2021: $1,556Net Assets 2021: $40,1192021Assets 2022: $50,044Liabilities 2022: $3,422Net Assets 2022: $46,6222022Assets 2023: $22,543Liabilities 2023: $7,552Net Assets 2023: $14,9912023

Highlighted filing

2021

Assets$41,675
Liabilities$1,556
Net Assets$40,119
Open 2021 Filing

Operations Trend

Revenue Growth82nd percentile

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

$300K$200K$100K$0-$100KRevenue 2017: $156,329Expenses 2017: $191,040Net Income 2017: -$34,7112017Revenue 2018: $196,029Expenses 2018: $199,866Net Income 2018: -$3,8372018Revenue 2019: $272,252Expenses 2019: $223,180Net Income 2019: $49,0722019Revenue 2020: $87,740Expenses 2020: $67,284Net Income 2020: $20,4562020Revenue 2021: $154,223Expenses 2021: $135,410Net Income 2021: $18,8132021Revenue 2022: $260,033Expenses 2022: $253,530Net Income 2022: $6,5032022Revenue 2023: $246,124Expenses 2023: $277,755Net Income 2023: -$31,6312023

Highlighted filing

2021

Revenue$154,223
Expenses$135,410
Net Income$18,813
Open 2021 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2021 to Dec 31, 2021
Signed
Sep 9, 2022
Return Version
2021v4.2
Gross Receipts
$154,223
Mission and Program Overview

Mission

The jakt foundation will hold educational and charitable events surrounding food, wine, beer, and music around the state of washington. The foundation will actively promote food, socializing, and the appreciation of culture while guests enjoy fine cuisine.

To promote cultural appreciation of food, spirits, and music in washington state.

Balance Sheet Detail
LineBeginningEndChange
Assets
Rtn Earn Endowment Incm Other Fnds$30,980$40,119▲ $9,139
Cash and Non-Interest-Bearing Accounts$16,867$27,607▲ $10,740
Accounts Receivable$15,548$14,068▼ $1,480
Pd in Cap Srpls Land Bldg Eqp Fund$0$0→ $0
Cap Stk Tr Prin Current Funds$0$0→ $0
Total Assets$32,415$41,675▲ $9,260
Liabilities
Accounts Payable and Accrued Expenses$1,435$1,556▲ $121
Total Liabilities$1,435$1,556▲ $121
Net Assets / Fund Balance
Total Net Assets Fund Balance$30,980$40,119▲ $9,139
Total Liabilities and Net Assets / Fund Balance$32,415$41,675▲ $9,260
Compensation and Service Providers
Top Officer Pay77th percentile

Board Members and Trustees

NameTitle
Adam HegstedPresident
Jennifer HegstedVice President
Karen L StebbinsVice President/treasurer
Thomas W StebbinsVice President/treasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$104,482
Program Service Revenue
$49,741
Investment Income
$0
Other Revenue
$0
All Other Contributions
$61,027
Change in Net Assets
$18,813
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$108,511
Salaries, Compensation, and Employee Benefits$26,899
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Advertising$32,523--$32,523
Current Officers, Directors, Trustees, and Key Employees$17,566$8,783-$26,349
All Other Expenses-$19,443-$19,443
Occupancy$13,106--$13,106
Office Expenses-$4,347-$4,347
Fees for Services Accounting-$1,000-$1,000
Other Salaries and Wages$550--$550
Other Expenses$456--$456
Total Functional Expenses$101,837$33,573$0$135,410
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
Insider Transactions and Loans

Interested-Person Transactions

Interested PartyRelationshipDescriptionShared RevenueAmount
Katy StebbinsFamily Member of Board Members Ton and Karen StebbinsW-2 CompensationNo$26,898
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Business relationship with 35% controlled entity
No
Business relationship with family members
Yes
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

“Tom and karen stebbins have a family relationship. Adam and jennifer hegsted also have a family relationship.”

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

“There are no committees with broad authority to act on behalf of the board.”

Form 990, Part VI, Section B, Line 11B

“The form 990 and all required supporting schedules were reviewed by the board for completeness and correctness before the form was filed with the irs.”

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

“Each director and officer periodically signs a statement affirming they received a copy of the policy, understand the policy, and agree to comply. In addition, any director, principal officer, or member of a committee within the governing board must disclose the existence of a financial conflict of interest, including all material facts. After any discussion with the interested person and the governing board, the interested party shall leave the board or committee meeting while the other members vote to determine if a conflict exists. If it is decided a conflict exists the governing board or committee shall determine whether the foundation can obtain with reasonable efforts a more advantageous transaction or arrangement from a person or entity that would not give rise to a conflict. If not, the governing board or committee shall determine by a majority vote of disinterested directors whether the transaction is in the company's best interest, and whether it is fair and reasonable.”

Form 990, Part VI, Section C, Line 19

“Jakt foundation makes its form 990, governing documents and conflict of interest policy available to the public by providing copies upon request or allowing inspection at its office.”

Filing and Contact Details

Filer

Filer Name
Jakt Foundation
EIN
81-5319087
Phone
5096210125
Address
PO BOX 85, NEWMAN LAKE, WA 99025

Signing Officer

Name
Thomas W Stebbins
Title
Treasurer
Phone
5096210125
Signed
2022-09-09
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Adam Hegsted
Formed
2017
Legal Domicile
Wa
Voting Board Members
4
Independent Board Members
4
Employees
1
Volunteers
10

Preparer

Firm
Hma CPA Ps
Address
510 W RIVERSIDE AVE STE 400, SPOKANE, WA 99201
Preparer
Kevin R Sell CPA
Phone
5094558173
Raw XML Appendix369 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.

Path#Value
IRS990/AccountantCompileOrReviewInd00
IRS990/AccountsPayableAccrExpnssGrp/BOYAmt01435
IRS990/AccountsPayableAccrExpnssGrp/EOYAmt01556
IRS990/AccountsReceivableGrp/BOYAmt015548
IRS990/AccountsReceivableGrp/EOYAmt014068
IRS990/ActivitiesConductedPrtshpInd00
IRS990/ActivityOrMissionDesc0TO PROMOTE CULTURAL APPRECIATION OF FOOD, SPIRITS, AND MUSIC IN WASHINGTON STATE.
IRS990/AdvertisingGrp/ProgramServicesAmt032523
IRS990/AdvertisingGrp/TotalAmt032523
IRS990/AllOtherContributionsAmt061027
IRS990/AllOtherExpensesGrp/ManagementAndGeneralAmt019443
IRS990/AllOtherExpensesGrp/TotalAmt019443
IRS990/AnnualDisclosureCoveredPrsnInd01
IRS990/BooksInCareOfDetail/BusinessName/BusinessNameLine1Txt0THOMAS STEBBINS
IRS990/BooksInCareOfDetail/PhoneNum05096210125
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt0PO BOX 85
IRS990/BooksInCareOfDetail/USAddress/CityNm0NEWMAN LAKE
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0WA
IRS990/BooksInCareOfDetail/USAddress/ZIPCd099025
IRS990/BusinessRlnWith35CtrlEntInd00
IRS990/BusinessRlnWithFamMemInd01
IRS990/BusinessRlnWithOrgMemInd00
IRS990/CapStkTrPrinCurrentFundsGrp/BOYAmt00
IRS990/CapStkTrPrinCurrentFundsGrp/EOYAmt00
IRS990/CashNonInterestBearingGrp/BOYAmt016867
IRS990/CashNonInterestBearingGrp/EOYAmt027607
IRS990/ChangeToOrgDocumentsInd00
IRS990/CntrctRcvdGreaterThan100KCnt00
IRS990/CollectionsOfArtInd00
IRS990/CompCurrentOfcrDirectorsGrp/ManagementAndGeneralAmt08783
IRS990/CompCurrentOfcrDirectorsGrp/ProgramServicesAmt017566
IRS990/CompCurrentOfcrDirectorsGrp/TotalAmt026349
IRS990/CompensationFromOtherSrcsInd00
IRS990/CompensationProcessCEOInd00
IRS990/CompensationProcessOtherInd00
IRS990/ConflictOfInterestPolicyInd01
IRS990/ConservationEasementsInd00
IRS990/ConsolidatedAuditFinclStmtInd00
IRS990/CreditCounselingInd00
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt0104482
IRS990/CYGrantsAndSimilarPaidAmt00
IRS990/CYInvestmentIncomeAmt00
IRS990/CYOtherExpensesAmt0108511
IRS990/CYOtherRevenueAmt00
IRS990/CYProgramServiceRevenueAmt049741
IRS990/CYRevenuesLessExpensesAmt018813
IRS990/CYSalariesCompEmpBnftPaidAmt026899
IRS990/CYTotalExpensesAmt0135410
IRS990/CYTotalFundraisingExpenseAmt00
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt0154223
IRS990/DecisionsSubjectToApprovaInd00
IRS990/DeductibleArtContributionInd00
IRS990/DeductibleNonCashContriInd00
IRS990/DelegationOfMgmtDutiesInd00
IRS990/Desc0THE JAKT FOUNDATION HOLDS EDUCATIONAL AND CHARITABLE EVENTS SURROUNDING FOOD, WINE, BEER, AND MUSIC THROUGHOUT THE STATE OF WASHINGTON. THE FOUNDATION WILL ACTIVELY PROMOTE FOOD, SOCIALIZING, AND THE APPRECIATION OF CULTURE WHILE GUESTS ENJOY FINE CUISINE.
IRS990/DescribedInSection501c3Ind01
IRS990/DisregardedEntityInd00
IRS990/DocumentRetentionPolicyInd00
IRS990/DonorAdvisedFundInd00
IRS990/DonorRstrOrQuasiEndowmentsInd00
IRS990/ElectionOfBoardMembersInd00
IRS990/EmployeeCnt01
IRS990/EmploymentTaxReturnsFiledInd01
IRS990/EngagedInExcessBenefitTransInd00
IRS990/ExpenseAmt086043
IRS990/FamilyOrBusinessRlnInd01
IRS990/FederalGrantAuditRequiredInd00
IRS990/FeesForServicesAccountingGrp/ManagementAndGeneralAmt01000
IRS990/FeesForServicesAccountingGrp/TotalAmt01000
IRS990/ForeignActivitiesInd00
IRS990/ForeignFinancialAccountInd00
IRS990/ForeignOfficeInd00
IRS990/Form8282PropertyDisposedOfInd00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt01.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt11.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt22.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt31.00
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd0X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd1X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd2X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd3X
IRS990/Form990PartVIISectionAGrp/OfficerInd0X
IRS990/Form990PartVIISectionAGrp/OfficerInd1X
IRS990/Form990PartVIISectionAGrp/OfficerInd2X
IRS990/Form990PartVIISectionAGrp/OfficerInd3X
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt00
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt10
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt20
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt30
IRS990/Form990PartVIISectionAGrp/PersonNm0ADAM HEGSTED
IRS990/Form990PartVIISectionAGrp/PersonNm1JENNIFER HEGSTED
IRS990/Form990PartVIISectionAGrp/PersonNm2THOMAS W STEBBINS
IRS990/Form990PartVIISectionAGrp/PersonNm3KAREN L STEBBINS
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt30
IRS990/Form990PartVIISectionAGrp/TitleTxt0PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt1VICE PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt2VICE PRESIDENT/TREASURER
IRS990/Form990PartVIISectionAGrp/TitleTxt3VICE PRESIDENT/TREASURER
IRS990/Form990ProvidedToGvrnBodyInd01
IRS990/FormationYr02017
IRS990/FormerOfcrEmployeesListedInd00
IRS990/FSAuditedInd00
IRS990/FundraisingActivitiesInd00
IRS990/GamingActivitiesInd00
IRS990/GoverningBodyVotingMembersCnt04
IRS990/GovernmentGrantsAmt043455
IRS990/GrantsToIndividualsInd00
IRS990/GrantsToOrganizationsInd00
IRS990/GrantToRelatedPersonInd00
IRS990/GrossReceiptsAmt0154223
IRS990/GroupReturnForAffiliatesInd00
IRS990/IncludeFIN48FootnoteInd00
IRS990/IndependentAuditFinclStmtInd00
IRS990/IndependentVotingMemberCnt04
IRS990/IndivRcvdGreaterThan100KCnt00
IRS990/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InvestmentInJointVentureInd00
IRS990/IRPDocumentCnt00
IRS990/IRPDocumentW2GCnt00
IRS990/LegalDomicileStateCd0WA
IRS990/LoanOutstandingInd00
IRS990/LobbyingActivitiesInd00
IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembersOrStockholdersInd00
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd00
IRS990/MinutesOfGoverningBodyInd01
IRS990/MissionDesc0BE THE CATALYST TO BUILD COLLABORATIONS FOR THE BETTERMENT OF COMMUNITY.
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/NetAssetsOrFundBalancesBOYAmt030980
IRS990/NetAssetsOrFundBalancesEOYAmt040119
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NoListedPersonsCompensatedInd0X
IRS990/NondeductibleContributionsInd00
IRS990/OccupancyGrp/ProgramServicesAmt013106
IRS990/OccupancyGrp/TotalAmt013106
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt04347
IRS990/OfficeExpensesGrp/TotalAmt04347
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrgDoesNotFollowFASB117Ind0X
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherExpensesGrp/Desc0EVENT PRODUCTION
IRS990/OtherExpensesGrp/Desc1FARMERS MARKET EVENT OP
IRS990/OtherExpensesGrp/Desc2LIQUOR
IRS990/OtherExpensesGrp/Desc3CHEFS APPEARANCE FEES
IRS990/OtherExpensesGrp/ProgramServicesAmt021841
IRS990/OtherExpensesGrp/ProgramServicesAmt114999
IRS990/OtherExpensesGrp/ProgramServicesAmt2796
IRS990/OtherExpensesGrp/ProgramServicesAmt3456
IRS990/OtherExpensesGrp/TotalAmt021841
IRS990/OtherExpensesGrp/TotalAmt114999
IRS990/OtherExpensesGrp/TotalAmt2796
IRS990/OtherExpensesGrp/TotalAmt3456
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt0550
IRS990/OtherSalariesAndWagesGrp/TotalAmt0550
IRS990/PartialLiquidationInd00
IRS990/PdInCapSrplsLandBldgEqpFundGrp/BOYAmt00
IRS990/PdInCapSrplsLandBldgEqpFundGrp/EOYAmt00
IRS990/PoliticalCampaignActyInd00
IRS990/PrincipalOfficerNm0ADAM HEGSTED
IRS990/PriorPeriodAdjustmentsAmt0-9674
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0711300
IRS990/ProgramServiceRevenueGrp/BusinessCd1711300
IRS990/ProgramServiceRevenueGrp/BusinessCd2711300
IRS990/ProgramServiceRevenueGrp/Desc0CRAVE TICKET SALES
IRS990/ProgramServiceRevenueGrp/Desc1FARMERS' MARKET
IRS990/ProgramServiceRevenueGrp/Desc2REIMBURSEMENTS
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt031336
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt117432
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt2973
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt031336
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt117432
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt2973
IRS990/ProgSrvcAccomActy2Grp/Desc0THE FARMERS MARKET PROVIDES AN OPPORTUNITY FOR LOCAL VENDORS TO SHOWCASE THEIR NORTHWEST FOOD, SPIRITS, ART, AND MUSIC TO AREA RESIDENTS AND COLLABORATE FOR THE BETTERMENT OF THE COMMUNITY.
IRS990/ProgSrvcAccomActy2Grp/ExpenseAmt015794
IRS990/ProgSrvcAccomActy2Grp/RevenueAmt017432
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt067762
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt00
IRS990/PYOtherExpensesAmt041025
IRS990/PYOtherRevenueAmt00
IRS990/PYProgramServiceRevenueAmt019978
IRS990/PYRevenuesLessExpensesAmt020456
IRS990/PYSalariesCompEmpBnftPaidAmt026259
IRS990/PYTotalExpensesAmt067284
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt087740
IRS990/QuidProQuoContributionsInd00
IRS990/ReconcilationRevenueExpnssAmt018813
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd00
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd00
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt032309
IRS990/RtnEarnEndowmentIncmOthFndsGrp/BOYAmt030980
IRS990/RtnEarnEndowmentIncmOthFndsGrp/EOYAmt040119
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/CurrentTaxYearAmt020850
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/CurrentTaxYearMinus3YearsAmt0250
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/CurrentTaxYearMinus4YearsAmt09592
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/TotalAmt030692
IRS990ScheduleA/First5Years509Ind0X
IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt0THE YEAR ENDED DECEMBER 31, 2017 WAS THE INITIAL YEAR OF THE ORGANIZATION AND AS SUCH REPRESENTS ACTIVITY FROM FEBURARY THROUGH DECEMBER ONLY.
IRS990ScheduleA/Form990ScheduleAPartVIGrp/FormAndLineReferenceDesc0SCH. A, PAGE 3, PART III, (C)
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt057357
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt067762
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus2YearsAmt0136983
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus3YearsAmt081930
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus4YearsAmt080686
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt0424718
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearAmt017432
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus1YearAmt019978
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus2YearsAmt0135269
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus3YearsAmt0111488
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus4YearsAmt075643
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt0359810
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportTotal509Amt0753836
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/CurrentTaxYearAmt020850
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/CurrentTaxYearMinus3YearsAmt0250
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/CurrentTaxYearMinus4YearsAmt09592
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/TotalAmt030692
IRS990ScheduleA/SubstantialContributorsAmtGrp/TotalAmt00
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt074789
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt087740
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt0272252
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt0193418
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt0156329
IRS990ScheduleA/Total509Grp/TotalAmt0784528
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt074789
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt087740
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt0272252
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt0193418
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt0156329
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt0784528
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990/ScheduleBRequiredInd01
IRS990/ScheduleJRequiredInd00
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/NameOfInterested/PersonNm0KATY STEBBINS
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/RelationshipDescriptionTxt0FAMILY MEMBER OF BOARD MEMBERS TON AND KAREN STEBBINS
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/SharingOfRevenuesInd00
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/TransactionAmt026898
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/TransactionDesc0W-2 COMPENSATION
IRS990ScheduleL/SupplementalInformationDetail/ExplanationTxt0IN ACCORDANCE WITH THE CONFLICT OF INTEREST POLICY, THE BOARD MEMBERS RELATED TO KATY STEBBINS LEFT THE MEETING DURING THE DISCUSSION OF, AND THE VOTE ON HER COMPENSATION.
IRS990ScheduleL/SupplementalInformationDetail/FormAndLineReferenceDesc0SCH L, PART IV
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0TOM AND KAREN STEBBINS HAVE A FAMILY RELATIONSHIP. ADAM AND JENNIFER HEGSTED ALSO HAVE A FAMILY RELATIONSHIP.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THERE ARE NO COMMITTEES WITH BROAD AUTHORITY TO ACT ON BEHALF OF THE BOARD.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE FORM 990 AND ALL REQUIRED SUPPORTING SCHEDULES WERE REVIEWED BY THE BOARD FOR COMPLETENESS AND CORRECTNESS BEFORE THE FORM WAS FILED WITH THE IRS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3EACH DIRECTOR AND OFFICER PERIODICALLY SIGNS A STATEMENT AFFIRMING THEY RECEIVED A COPY OF THE POLICY, UNDERSTAND THE POLICY, AND AGREE TO COMPLY. IN ADDITION, ANY DIRECTOR, PRINCIPAL OFFICER, OR MEMBER OF A COMMITTEE WITHIN THE GOVERNING BOARD MUST DISCLOSE THE EXISTENCE OF A FINANCIAL CONFLICT OF INTEREST, INCLUDING ALL MATERIAL FACTS. AFTER ANY DISCUSSION WITH THE INTERESTED PERSON AND THE GOVERNING BOARD, THE INTERESTED PARTY SHALL LEAVE THE BOARD OR COMMITTEE MEETING WHILE THE OTHER MEMBERS VOTE TO DETERMINE IF A CONFLICT EXISTS. IF IT IS DECIDED A CONFLICT EXISTS THE GOVERNING BOARD OR COMMITTEE SHALL DETERMINE WHETHER THE FOUNDATION CAN OBTAIN WITH REASONABLE EFFORTS A MORE ADVANTAGEOUS TRANSACTION OR ARRANGEMENT FROM A PERSON OR ENTITY THAT WOULD NOT GIVE RISE TO A CONFLICT. IF NOT, THE GOVERNING BOARD OR COMMITTEE SHALL DETERMINE BY A MAJORITY VOTE OF DISINTERESTED DIRECTORS WHETHER THE TRANSACTION IS IN THE COMPANY'S BEST INTEREST, AND WHETHER IT IS FAIR AND REASONABLE.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4JAKT FOUNDATION MAKES ITS FORM 990, GOVERNING DOCUMENTS AND CONFLICT OF INTEREST POLICY AVAILABLE TO THE PUBLIC BY PROVIDING COPIES UPON REQUEST OR ALLOWING INSPECTION AT ITS OFFICE.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION A, LINE 2
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION A, LINE 8B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION B, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART VI, SECTION B, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PART VI, SECTION C, LINE 19
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/StatesWhereCopyOfReturnIsFldCd0WA
IRS990/SubjectToExcsTaxNetInvstIncInd00
IRS990/SubjectToProxyTaxInd00
IRS990/SubjToTaxRmnrtnExPrchtPymtInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt032415
IRS990/TotalAssetsEOYAmt041675
IRS990/TotalAssetsGrp/BOYAmt032415
IRS990/TotalAssetsGrp/EOYAmt041675
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalContributionsAmt0104482
IRS990/TotalEmployeeCnt01
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt033573
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0101837
IRS990/TotalFunctionalExpensesGrp/TotalAmt0135410
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt01435
IRS990/TotalLiabilitiesEOYAmt01556
IRS990/TotalLiabilitiesGrp/BOYAmt01435
IRS990/TotalLiabilitiesGrp/EOYAmt01556
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt030980
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt040119
IRS990/TotalOtherCompensationAmt00
IRS990/TotalProgramServiceExpensesAmt0101837
IRS990/TotalProgramServiceRevenueAmt049741
IRS990/TotalReportableCompFromOrgAmt00
IRS990/TotalRevenueGrp/ExclusionAmt00
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt049741
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0154223
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt010
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt032415
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt041675
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TrnsfrExmptNonChrtblRltdOrgInd00
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd00
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt0PO BOX 85
IRS990/USAddress/CityNm0NEWMAN LAKE
IRS990/USAddress/StateAbbreviationCd0WA
IRS990/USAddress/ZIPCd099025
IRS990/VotingMembersGoverningBodyCnt04
IRS990/VotingMembersIndependentCnt04
IRS990/WebsiteAddressTxt0WWW.JAKTFOUNDATION.ORG
IRS990/WhistleblowerPolicyInd01
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/AuthenticationAssuranceLevelCd0AAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/IdentityAssuranceLevelCd0IAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/TrustedCustomerCd03
ReturnHeader/BuildTS02023-04-26 12:10:37Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0THOMAS W STEBBINS
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0TREASURER
ReturnHeader/BusinessOfficerGrp/PhoneNum05096210125
ReturnHeader/BusinessOfficerGrp/SignatureDt02022-09-09
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0JAKT FOUNDATION
ReturnHeader/Filer/BusinessNameControlTxt0JAKT
ReturnHeader/Filer/EIN0815319087
ReturnHeader/Filer/PhoneNum05096210125
ReturnHeader/Filer/USAddress/AddressLine1Txt0PO BOX 85
ReturnHeader/Filer/USAddress/CityNm0NEWMAN LAKE
ReturnHeader/Filer/USAddress/StateAbbreviationCd0WA
ReturnHeader/Filer/USAddress/ZIPCd099025
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0470888689
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0HMA CPA PS
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0510 W RIVERSIDE AVE STE 400
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0SPOKANE
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0WA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd099201
ReturnHeader/PreparerPersonGrp/PhoneNum05094558173
ReturnHeader/PreparerPersonGrp/PreparationDt02022-09-09
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0KEVIN R SELL CPA
ReturnHeader/ReturnTs02022-09-12T18:03:07-05:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0THOMAS
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0STEBBINS
ReturnHeader/TaxPeriodBeginDt02021-01-01
ReturnHeader/TaxPeriodEndDt02021-12-31
ReturnHeader/TaxYr02021

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2021 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$41,675
Liabilities
$1,556
Net assets
$40,119
Revenue
$154,223
Expenses
$135,410
Net income
$18,813
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2023Detailed filing. Detailed filing data is available for this year.$0.23$0.08$0.15$2.46$2.78$0.32
2022Detailed filing. Detailed filing data is available for this year.$0.50$0.03$0.47$2.60$2.54$0.07
2021Detailed filing. Detailed filing data is available for this year.$0.42$0.02$0.40$1.54$1.35$0.19
2020Detailed filing. Detailed filing data is available for this year.$0.32$0.01$0.31$0.88$0.67$0.20
2019Detailed filing. Detailed filing data is available for this year.$0.12$0.01$0.11$2.72$2.23$0.49
2018Detailed filing. Detailed filing data is available for this year.$0.02$0.40$0.39$1.96$2.00$0.04
2017Detailed filing. Detailed filing data is available for this year.$0.03$0.38$0.35$1.56$1.91$0.35