Liabilities / Assets
74th percentile
Higher debt load relative to assets than 74% of similar nonprofits.
Jermi Foundation Inc
EIN 84-4048379 • 501(c)3 • Lynchburg, VA
Profile
The specific purpose for which the corporation is inititally organzied is to establish and oversee places of worship, conduct the work of evangelism, create departments necessary to support missionary activities, to license and ordain ministers of the gospel and to also engage in activities which are necessary, suitable or convenient for the accomplishment of that purpose, or which are incidental thereto or connected therewith which are consistent with section 501(3) of the internal revenue code. This corporation is organized and operated exclusively for religious purposes within the meaning of section 501(3), internal revenue code.
Siviq Scores
Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.
0.05x
Liabilities / Revenue
71st percentile
Higher debt load relative to revenue than 71% of similar nonprofits.
Net Margin
66th percentile
Higher net margin than 66% of similar nonprofits.
Top Officer Pay
81st percentile
Higher top officer pay than 81% of similar nonprofits.
Top officer pay equals 0.0% of source-year revenue.
Asset Growth
89th percentile
Faster asset growth than 89% of similar nonprofits.
Revenue Growth
89th percentile
Faster revenue growth than 89% of similar nonprofits.
Balance Sheet
Assets
Down$37,220
Down $36,214 (-49%) from 2022
Liabilities
$1,753
No earlier filing loaded for comparison.
Net Assets
Down$35,467
Down $37,967 (-52%) from 2022
Revenue
Up$116,471
Up $53,610 (+85%) from 2022
Expenses
Up$102,588
Up $89,823 (+704%) from 2022
Net Income
Down$13,883
Down $36,213 (-72%) from 2022
Trend Graphs
Filings
Most recent year
2024 • Form 990EZDetailed filing. Detailed filing data is available for this year.
- Assets
- $37,220
- Liabilities
- $1,753
- Net assets
- $35,467
- Revenue
- $116,471
- Expenses
- $102,588
- Net income
- $13,883
Latest Filing Detail
Jump To
Filing Snapshot
- Filing Period
- Jan 1, 2024 to Dec 31, 2024
- Signed
- May 8, 2025
- Return Version
- 2024v5.1
- Gross Receipts
- $116,471
Mission and Program Overview
Mission
The specific purpose for which the corporation is inititally organzied is to establish and oversee places of worship, conduct the work of evangelism, create departments necessary to support missionary activities, to license and ordain ministers of the gospel and to also engage in activities which are necessary, suitable or convenient for the accomplishment of that purpose, or which are incidental thereto or connected therewith which are consistent with section 501(3) of the internal revenue code. This corporation is organized and operated exclusively for religious purposes within the meaning of section 501(3), internal revenue code.
Program Services
| Description | Grants | Expenses |
|---|---|---|
| THE SPECIFIC PURPOSE FOR WHICH THE CORPORATION IS INITITALLY ORGANZIED IS TO ESTABLISH AND OVERSEE PLACES OF WORSHIP, CONDUCT THE WORK OF EVANGELISM, CREATE DEPARTMENTS NECESSARY TO SUPPORT MISSIONARY ACTIVITIES, TO LICENSE AND ORDAIN MINISTERS OF THE GOSPEL AND TO ALSO ENGAGE IN ACTIVITIES WHICH ARE NECESSARY, SUITABLE OR CONVENIENT FOR THE ACCOMPLISHMENT OF THAT PURPOSE, OR WHICH ARE INCIDENTAL THERETO OR CONNECTED THEREWITH WHICH ARE CONSISTENT WITH SECTION 501(3) OF THE INTERNAL REVENUE CODE. THIS CORPORATION IS ORGANIZED AND OPERATED EXCLUSIVELY FOR RELIGIOUS PURPOSES WITHIN THE MEANING OF SECTION 501(3), INTERNAL REVENUE CODE. | - | $102,588 |
Compensation and Service Providers
Employees
| Name | Title | Full / Part Time | Base | Other | Total |
|---|---|---|---|---|---|
| PRINCE ARVIND JAMES CHELLAPPA | President | PT | $0 | - | - |
| ANNIMOL KANAPILLY VARGHESE | Secretary | PT | $0 | - | - |
| CHARLES J PERRY JR | Treasurer | PT | $0 | - | - |
Filing and Contact Details
Filer
- Filer Name
- Jermi Foundation Inc
- EIN
- 84-4048379
- Phone
- 4348519159
- Address
- 109 WHISPERING PINES CT, LYNCHBURG, VA 24501
Signing Officer
- Name
- Prince Arvind James Chellappa
- Title
- President
- Signed
- 2025-05-08
- Discuss with paid preparer
- Yes
Preparer
- Firm
- Guy Wilcox CPA
- Address
- 2270 Castle Lake Drive, Tyrone, GA 30290
- Preparer
- StartChurch Tax Team
- Phone
- 7706329933
Supplemental Narrative
Additional Explanations
Other Expenses.1
“Administration expense $41113”
Other Expenses.2
“FACILITIES $29972”
Other Expenses.3
“MINISTRY EXPENSE $20654”
Other Expenses.4
“CHARITABLE GIVING $8579”
Other Expenses.5
“TRAVEL $1513”
Other Expenses.6
“PERSONNEL COSTS $757”
Other Assets.1
“LOAN TO PRINCE ARVIND - Beginning $22264 LOAN TO PRINCE ARVIND - Ending $36498”
Total Liabilities.1
“CREDIT CARD - Beginning $484 CREDIT CARD - Ending $1753”
Total Liabilities.2
“BANK - Beginning $196 BANK - Ending $0”
Raw XML Appendix149 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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|---|---|---|
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| IRS990EZ/BooksInCareOfDetail/USAddress/CityNm | 0 | LYNCHBURG |
| IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd | 0 | VA |
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| IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt | 0 | 722 |
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| IRS990EZ/ContributionsGiftsGrantsEtcAmt | 0 | 116459 |
| IRS990EZ/CostOfGoodsSoldAmt | 0 | 0 |
| IRS990EZ/CostOrOtherBasisExpenseSaleAmt | 0 | 0 |
| IRS990EZ/DonorAdvisedFndsInd | 0 | false |
| IRS990EZ/EngagedInExcessBenefitTransInd | 0 | false |
| IRS990EZ/ExcessOrDeficitForYearAmt | 0 | 13883 |
| IRS990EZ/FiledScheduleAInd | 0 | true |
| IRS990EZ/ForeignFinancialAccountInd | 0 | false |
| IRS990EZ/ForeignOfficeInd | 0 | false |
| IRS990EZ/Form1120PolFiledInd | 0 | false |
| IRS990EZ/Form990TotalAssetsGrp/BOYAmt | 0 | 22264 |
| IRS990EZ/Form990TotalAssetsGrp/EOYAmt | 0 | 37220 |
| IRS990EZ/FundraisingGrossIncomeAmt | 0 | 0 |
| IRS990EZ/GrossReceiptsAmt | 0 | 116471 |
| IRS990EZ/InfoInScheduleOPartIIInd | 0 | X |
| IRS990EZ/InfoInScheduleOPartIInd | 0 | X |
| IRS990EZ/InvestmentIncomeAmt | 0 | 12 |
| IRS990EZ/LobbyingActivitiesInd | 0 | false |
| IRS990EZ/MadeLoansToFromOfficersInd | 0 | false |
| IRS990EZ/MethodOfAccountingCashInd | 0 | X |
| IRS990EZ/NetAssetsOrFundBalancesBOYAmt | 0 | 21584 |
| IRS990EZ/NetAssetsOrFundBalancesEOYAmt | 0 | 35467 |
| IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt | 0 | 21584 |
| IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt | 0 | 35467 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 0 | 20.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 1 | 20.00 |
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| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 0 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 1 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 2 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 0 | PRINCE ARVIND JAMES CHELLAPPA |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 1 | ANNIMOL KANAPILLY VARGHESE |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 2 | CHARLES J PERRY JR |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 0 | President |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 1 | Secretary |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 2 | Treasurer |
| IRS990EZ/OperateHospitalInd | 0 | false |
| IRS990EZ/Organization501c3Ind | 0 | X |
| IRS990EZ/OrganizationDissolvedEtcInd | 0 | false |
| IRS990EZ/OrganizationHadUBIInd | 0 | false |
| IRS990EZ/OtherAssetsTotalDetail/BOYAmt | 0 | 22264 |
| IRS990EZ/OtherAssetsTotalDetail/EOYAmt | 0 | 36498 |
| IRS990EZ/OtherExpensesTotalAmt | 0 | 102588 |
| IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt | 0 | NONE |
| IRS990EZ/PartVIOfCompOfHghstPdEmplTxt | 0 | NONE |
| IRS990EZ/PoliticalCampaignActyInd | 0 | false |
| IRS990EZ/PrimaryExemptPurposeTxt | 0 | THE SPECIFIC PURPOSE FOR WHICH THE CORPORATION IS INITITALLY ORGANZIED IS TO ESTABLISH AND OVERSEE PLACES OF WORSHIP, CONDUCT THE WORK OF EVANGELISM, CREATE DEPARTMENTS NECESSARY TO SUPPORT MISSIONARY ACTIVITIES, TO LICENSE AND ORDAIN MINISTERS OF THE GOSPEL AND TO ALSO ENGAGE IN ACTIVITIES WHICH ARE NECESSARY, SUITABLE OR CONVENIENT FOR THE ACCOMPLISHMENT OF THAT PURPOSE, OR WHICH ARE INCIDENTAL THERETO OR CONNECTED THEREWITH WHICH ARE CONSISTENT WITH SECTION 501(3) OF THE INTERNAL REVENUE CODE. THIS CORPORATION IS ORGANIZED AND OPERATED EXCLUSIVELY FOR RELIGIOUS PURPOSES WITHIN THE MEANING OF SECTION 501(3), INTERNAL REVENUE CODE. |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt | 0 | THE SPECIFIC PURPOSE FOR WHICH THE CORPORATION IS INITITALLY ORGANZIED IS TO ESTABLISH AND OVERSEE PLACES OF WORSHIP, CONDUCT THE WORK OF EVANGELISM, CREATE DEPARTMENTS NECESSARY TO SUPPORT MISSIONARY ACTIVITIES, TO LICENSE AND ORDAIN MINISTERS OF THE GOSPEL AND TO ALSO ENGAGE IN ACTIVITIES WHICH ARE NECESSARY, SUITABLE OR CONVENIENT FOR THE ACCOMPLISHMENT OF THAT PURPOSE, OR WHICH ARE INCIDENTAL THERETO OR CONNECTED THEREWITH WHICH ARE CONSISTENT WITH SECTION 501(3) OF THE INTERNAL REVENUE CODE. THIS CORPORATION IS ORGANIZED AND OPERATED EXCLUSIVELY FOR RELIGIOUS PURPOSES WITHIN THE MEANING OF SECTION 501(3), INTERNAL REVENUE CODE. |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt | 0 | 102588 |
| IRS990EZ/ProhibitedTaxShelterTransInd | 0 | false |
| IRS990EZ/RelatedOrganizationCtrlEntInd | 0 | false |
| IRS990EZ/ScheduleBNotRequiredInd | 0 | X |
| IRS990EZ/SchoolOperatingInd | 0 | false |
| IRS990EZ/SpecialEventsDirectExpensesAmt | 0 | 0 |
| IRS990EZ/SubjectToProxyTaxInd | 0 | false |
| IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt | 0 | 680 |
| IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt | 0 | 1753 |
| IRS990EZ/TanningServicesProvidedInd | 0 | false |
| IRS990EZ/TaxImposedOnOrganizationMgrAmt | 0 | 0 |
| IRS990EZ/TaxImposedUnderIRC4911Amt | 0 | 0 |
| IRS990EZ/TaxImposedUnderIRC4912Amt | 0 | 0 |
| IRS990EZ/TaxImposedUnderIRC4955Amt | 0 | 0 |
| IRS990EZ/TaxReimbursedByOrganizationAmt | 0 | 0 |
| IRS990EZ/TotalExpensesAmt | 0 | 102588 |
| IRS990EZ/TotalProgramServiceExpensesAmt | 0 | 102588 |
| IRS990EZ/TotalRevenueAmt | 0 | 116471 |
| IRS990EZ/TransactionWithControlEntInd | 0 | false |
| IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd | 0 | false |
| IRS990EZ/TypeOfOrganizationCorpInd | 0 | X |
| IRS990EZ/WebsiteAddressTxt | 0 | N/A |
| IRS990ScheduleA/CollegeOrganizationInd | 0 | X |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt | 0 | 116459 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt | 0 | 64680 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt | 0 | 62861 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt | 0 | 112268 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt | 0 | 49172 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt | 0 | 405440 |
| IRS990ScheduleA/GovtFurnSrvcFcltsVl170Grp/TotalAmt | 0 | 0 |
| IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt | 0 | 12 |
| IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt | 0 | 11 |
| IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt | 0 | 23 |
| IRS990ScheduleA/OtherIncome170Grp/TotalAmt | 0 | 0 |
| IRS990ScheduleA/PublicSupportCY170Pct | 0 | 0.99990 |
| IRS990ScheduleA/PublicSupportTotal170Amt | 0 | 405440 |
| IRS990ScheduleA/SubstantialContributorsTotAmt | 0 | 0 |
| IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft170Grp/TotalAmt | 0 | 0 |
| IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind | 0 | X |
| IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt | 0 | 116459 |
| IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt | 0 | 64680 |
| IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt | 0 | 62861 |
| IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt | 0 | 112268 |
| IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt | 0 | 49172 |
| IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt | 0 | 405440 |
| IRS990ScheduleA/TotalSupportAmt | 0 | 405463 |
| IRS990ScheduleA/UnrelatedBusinessNetIncm170Grp/TotalAmt | 0 | 0 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 0 | ADMINISTRATION EXPENSE $41113 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 1 | FACILITIES $29972 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 2 | MINISTRY EXPENSE $20654 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 3 | CHARITABLE GIVING $8579 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 4 | TRAVEL $1513 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 5 | PERSONNEL COSTS $757 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 6 | LOAN TO PRINCE ARVIND - Beginning $22264 LOAN TO PRINCE ARVIND - Ending $36498 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 7 | CREDIT CARD - Beginning $484 CREDIT CARD - Ending $1753 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 8 | BANK - Beginning $196 BANK - Ending $0 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 0 | Other Expenses.1 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 1 | Other Expenses.2 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 2 | Other Expenses.3 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 3 | Other Expenses.4 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 4 | Other Expenses.5 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 5 | Other Expenses.6 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 6 | Other Assets.1 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 7 | Total Liabilities.1 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 8 | Total Liabilities.2 |
| ReturnHeader/BuildTS | 0 | 2025-03-06 01:10:19Z |
| ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd | 0 | true |
| ReturnHeader/BusinessOfficerGrp/PersonNm | 0 | PRINCE ARVIND JAMES CHELLAPPA |
| ReturnHeader/BusinessOfficerGrp/PersonTitleTxt | 0 | President |
| ReturnHeader/BusinessOfficerGrp/SignatureDt | 0 | 2025-05-08 |
| ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt | 0 | JERMI FOUNDATION INC |
| ReturnHeader/Filer/BusinessNameControlTxt | 0 | JERM |
| ReturnHeader/Filer/EIN | 0 | 844048379 |
| ReturnHeader/Filer/PhoneNum | 0 | 4348519159 |
| ReturnHeader/Filer/USAddress/AddressLine1Txt | 0 | 109 WHISPERING PINES CT |
| ReturnHeader/Filer/USAddress/CityNm | 0 | LYNCHBURG |
| ReturnHeader/Filer/USAddress/StateAbbreviationCd | 0 | VA |
| ReturnHeader/Filer/USAddress/ZIPCd | 0 | 24501 |
| ReturnHeader/IRSResponsiblePrtyInfoCurrInd | 0 | true |
| ReturnHeader/PreparerFirmGrp/PreparerFirmEIN | 0 | 510508042 |
| ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt | 0 | Guy Wilcox CPA |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt | 0 | 2270 Castle Lake Drive |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm | 0 | Tyrone |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd | 0 | GA |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd | 0 | 30290 |
| ReturnHeader/PreparerPersonGrp/PhoneNum | 0 | 7706329933 |
| ReturnHeader/PreparerPersonGrp/PreparerPersonNm | 0 | StartChurch Tax Team |
| ReturnHeader/ReturnTs | 0 | 2025-05-08T07:50:24-07:00 |
| ReturnHeader/ReturnTypeCd | 0 | 990EZ |
| ReturnHeader/TaxPeriodBeginDt | 0 | 2024-01-01 |
| ReturnHeader/TaxPeriodEndDt | 0 | 2024-12-31 |
| ReturnHeader/TaxYr | 0 | 2024 |
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