Liabilities / Assets
72nd percentile
Higher debt load relative to assets than 72% of similar nonprofits.
Siviq Scores
Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.
0.03x
Liabilities / Revenue
67th percentile
Higher debt load relative to revenue than 67% of similar nonprofits.
Net Margin
81st percentile
Higher net margin than 81% of similar nonprofits.
Top Officer Pay
78th percentile
Higher top officer pay than 78% of similar nonprofits.
Top officer pay equals 0.0% of source-year revenue.
Asset Growth
6th percentile
Faster asset growth than 6% of similar nonprofits.
Revenue Growth
48th percentile
Faster revenue growth than 48% of similar nonprofits.
Balance Sheet
Assets
Down$22,264
Down $51,170 (-70%) from 2022
Net Assets
Down$21,584
Down $51,850 (-71%) from 2022
Liabilities
$680
No earlier filing loaded for comparison.
Revenue And Expenses
Revenue
Up$64,691
Up $1,830 (+2.9%) from 2022
Expenses
Up$45,587
Up $32,822 (+257%) from 2022
Net Income
Down$19,104
Down $30,992 (-62%) from 2022
Historical Trend
Jump To
Filing Snapshot
- Filing Period
- Jan 1, 2023 to Dec 31, 2023
- Signed
- Mar 24, 2024
- Return Version
- 2023v5.0
- Gross Receipts
- $64,691
Mission and Program Overview
Mission
To establish and oversee places of worship
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. | - | $45,587 |
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
- 2024-03-24
- 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 $22174”
Other Expenses.2
“CHARITABLE GIVING $10331”
Other Expenses.3
“FACILITIES $5173”
Other Expenses.4
“TRAVEL $4148”
Other Expenses.5
“MINISTRY EXPENSE $2532”
Other Expenses.6
“PERSONNEL COSTS $1229”
Other Assets.1
“LOAN TO PRINCE ARVIND - Beginning $29064 LOAN TO PRINCE ARVIND - Ending $22264”
Other Assets.3
“LOAN TO JERMI FOOD & SPICES - Beginning $42717 LOAN TO JERMI FOOD & SPICES - Ending $0”
Total Liabilities.1
“CREDIT CARD - Beginning $0 CREDIT CARD - Ending $484”
Total Liabilities.2
“BANK - Beginning $0 BANK - Ending $196”
Raw XML Appendix154 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 |
|---|---|---|
| IRS990EZ/ActivitiesNotPreviouslyRptInd | 0 | false |
| IRS990EZ/BooksInCareOfDetail/PersonNm | 0 | PRINCE ARVIND JAMES CHELLAPPA |
| IRS990EZ/BooksInCareOfDetail/PhoneNum | 0 | 4348519159 |
| IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt | 0 | 109 WHISPERING PINES CT |
| IRS990EZ/BooksInCareOfDetail/USAddress/CityNm | 0 | LYNCHBURG |
| IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd | 0 | VA |
| IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd | 0 | 24501 |
| IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt | 0 | 1653 |
| IRS990EZ/ChgMadeToOrgnzngDocNotRptInd | 0 | false |
| IRS990EZ/ContributionsGiftsGrantsEtcAmt | 0 | 64680 |
| IRS990EZ/CostOfGoodsSoldAmt | 0 | 0 |
| IRS990EZ/CostOrOtherBasisExpenseSaleAmt | 0 | 0 |
| IRS990EZ/DonorAdvisedFndsInd | 0 | false |
| IRS990EZ/EngagedInExcessBenefitTransInd | 0 | false |
| IRS990EZ/ExcessOrDeficitForYearAmt | 0 | 19104 |
| IRS990EZ/FiledScheduleAInd | 0 | true |
| IRS990EZ/ForeignFinancialAccountInd | 0 | false |
| IRS990EZ/ForeignOfficeInd | 0 | false |
| IRS990EZ/Form1120PolFiledInd | 0 | false |
| IRS990EZ/Form990TotalAssetsGrp/BOYAmt | 0 | 73434 |
| IRS990EZ/Form990TotalAssetsGrp/EOYAmt | 0 | 22264 |
| IRS990EZ/FundraisingGrossIncomeAmt | 0 | 0 |
| IRS990EZ/GrossReceiptsAmt | 0 | 64691 |
| IRS990EZ/InfoInScheduleOPartIIInd | 0 | X |
| IRS990EZ/InfoInScheduleOPartIInd | 0 | X |
| IRS990EZ/InvestmentIncomeAmt | 0 | 11 |
| IRS990EZ/LobbyingActivitiesInd | 0 | false |
| IRS990EZ/MadeLoansToFromOfficersInd | 0 | false |
| IRS990EZ/MethodOfAccountingCashInd | 0 | X |
| IRS990EZ/NetAssetsOrFundBalancesBOYAmt | 0 | 73434 |
| IRS990EZ/NetAssetsOrFundBalancesEOYAmt | 0 | 21584 |
| IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt | 0 | 73434 |
| IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt | 0 | 21584 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 0 | 20.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 1 | 20.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 2 | 20.00 |
| 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 | 71781 |
| IRS990EZ/OtherAssetsTotalDetail/EOYAmt | 0 | 22264 |
| IRS990EZ/OtherChangesInNetAssetsAmt | 0 | -70954 |
| IRS990EZ/OtherExpensesTotalAmt | 0 | 45587 |
| 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 | 45587 |
| 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/EOYAmt | 0 | 680 |
| 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 | 45587 |
| IRS990EZ/TotalProgramServiceExpensesAmt | 0 | 45587 |
| IRS990EZ/TotalRevenueAmt | 0 | 64691 |
| IRS990EZ/TransactionWithControlEntInd | 0 | false |
| IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd | 0 | false |
| IRS990EZ/TypeOfOrganizationCorpInd | 0 | X |
| IRS990EZ/WebsiteAddressTxt | 0 | N/A |
| IRS990ScheduleA/CollegeOrganizationInd | 0 | X |
| IRS990ScheduleA/First5Years170Ind | 0 | X |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt | 0 | 64680 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt | 0 | 62861 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt | 0 | 112268 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt | 0 | 49172 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt | 0 | 288981 |
| IRS990ScheduleA/GovtFurnSrvcFcltsVl170Grp/TotalAmt | 0 | 0 |
| IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt | 0 | 11 |
| IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt | 0 | 11 |
| IRS990ScheduleA/OtherIncome170Grp/TotalAmt | 0 | 0 |
| IRS990ScheduleA/PublicSupportCY170Pct | 0 | 0.00000 |
| IRS990ScheduleA/PublicSupportTotal170Amt | 0 | 288981 |
| IRS990ScheduleA/SubstantialContributorsTotAmt | 0 | 0 |
| IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft170Grp/TotalAmt | 0 | 0 |
| IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt | 0 | 64680 |
| IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt | 0 | 62861 |
| IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt | 0 | 112268 |
| IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt | 0 | 49172 |
| IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt | 0 | 288981 |
| IRS990ScheduleA/TotalSupportAmt | 0 | 288992 |
| IRS990ScheduleA/UnrelatedBusinessNetIncm170Grp/TotalAmt | 0 | 0 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 0 | ADMINISTRATION EXPENSE $22174 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 1 | CHARITABLE GIVING $10331 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 2 | FACILITIES $5173 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 3 | TRAVEL $4148 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 4 | MINISTRY EXPENSE $2532 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 5 | PERSONNEL COSTS $1229 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 6 | LOAN TO PRINCE ARVIND - Beginning $29064 LOAN TO PRINCE ARVIND - Ending $22264 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 7 | LOAN TO JERMI FOOD & SPICES - Beginning $42717 LOAN TO JERMI FOOD & SPICES - Ending $0 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 8 | CREDIT CARD - Beginning $0 CREDIT CARD - Ending $484 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 9 | BANK - Beginning $0 BANK - Ending $196 |
| 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 | Other Assets.3 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 8 | Total Liabilities.1 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 9 | Total Liabilities.2 |
| ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/AuthenticationAssuranceLevelCd | 0 | AAL1 |
| ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/FederatedAssuranceLevelCd | 0 | FAL1 |
| ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/IdentityAssuranceLevelCd | 0 | IAL1 |
| ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/TrustedCustomerCd | 0 | 2 |
| ReturnHeader/BuildTS | 0 | 2023-04-26 12:10:37Z |
| ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd | 0 | true |
| ReturnHeader/BusinessOfficerGrp/PersonNm | 0 | PRINCE ARVIND JAMES CHELLAPPA |
| ReturnHeader/BusinessOfficerGrp/PersonTitleTxt | 0 | President |
| ReturnHeader/BusinessOfficerGrp/SignatureDt | 0 | 2024-03-24 |
| 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 | 2024-03-25T10:44:29-07:00 |
| ReturnHeader/ReturnTypeCd | 0 | 990EZ |
| ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm | 0 | PRINCE ARVIND JAMES |
| ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm | 0 | CHELLAPPA |
| ReturnHeader/TaxPeriodBeginDt | 0 | 2023-01-01 |
| ReturnHeader/TaxPeriodEndDt | 0 | 2023-12-31 |
| ReturnHeader/TaxYr | 0 | 2023 |
Document Assets
No mirrored PDF or thumbnail assets are attached yet.
Filings
Displayed year
2023 • Form 990EZDetailed filing. Detailed filing data is available for this year.
- Assets
- $22,264
- Liabilities
- $680
- Net assets
- $21,584
- Revenue
- $64,691
- Expenses
- $45,587
- Net income
- $19,104