The mission of the Jonathan Club Charitable Fund is to further Charitable and educational causes in its community.

501(c)(3) charity; gifts are tax-deductible.
85¢ of each $1 spent went to programs.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX

Before you give

FY2024 · Form 990Independent: from IRS data, not the org
Download 990
IRS status
501(c)(3)
not on the IRS revocation list
Looks good: listed by the IRS and not on the revocation list.
IRS BMF · Auto-Revocation List
Tax-deductible gifts
Yes
Donations are tax-deductible
Looks good: the IRS lists gifts to it as deductible.
IRS Pub. 78 · IRS BMF
Latest return
FY2024
latest Form 990
Looks good: the latest return is for FY2024, 2 tax years back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
5 of 5
filings with a surplus
Average surplus $360K a year · 65% of revenue · last 5 filings
Looks good: a surplus in 5 of the last 5 filings.
Pt I · Ln 19 · 5 filings
Spent on programs
85%
of spending
Looks good: 85% of spending went to programs; 75% or more.
Pt IX · Ln 25 · col B
11 mo
of spending, in cash
Plus $4.6M in investments, Pt X · Ln 11–13
Looks good: 10.6 months of spending in cash; 3 or more.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
1
named funder · $100
Fine: 1 funder names it on their filings; under 3.
Funders’ Sch. I, 990-PF
Liabilities
$0
0% of total assets
Looks good: liabilities are 0% of assets; 50% or less.
Pt X · Ln 26
Independent board members
4
of 4 voting members
Looks good: 4 of 4 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$673K
+34% vs prior year
Spent
$301K
To programs
85%
Net assets
$4.9M
By yearFY2020–FY2024
Revenue
$673K
FY2024▲ +34%
Tap a bar for its year
Revenue by fiscal year
FY2020$512K
FY2021$614K
FY2022$477K
FY2023$501K
FY2024$673K
Expenses
$301K
FY2024▲ +64%
Tap a bar for its year
Expenses by fiscal year
FY2020$189K
FY2021$139K
FY2022$165K
FY2023$183K
FY2024$301K
Net assets
$4.9M
FY2024▲ +12%
Tap a bar for its year
Net assets by fiscal year
FY2020$3.0M
FY2021$3.7M
FY2022$3.6M
FY2023$4.4M
FY2024$4.9M

From the FY2024 Form 990 · see the original

990 PDF Claim

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2024. IRS ruling in Dec 2003.

IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File

Where the money goes

85 cents of each dollar spent went to programs.

Program services 85% · $256K Management & general 15% · $45K

Form 990 Part IX, line 25, columns B–D. Every line is in By the numbers.

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Who runs it and what they're paid

5 people listed on the 990.

Part VII, Section A · reportable compensation
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
See Jonathan Club Charitable Fund executive salaries →

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Questions the 990 asks

The form asks each of these directly. These are the filed answers.

  • Family or business ties among officersPt VI · Ln 2No
  • Top official's pay set by an independent reviewPt VI · Ln 15aNo

Programs and updates

Supports local charitable and educational projects.

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Provided by the organization

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1 program · $256K · in their own filed words · FY2024
01

The organization provided scholarships for tuition, fees and books, and necessary course supplies in support of individuals in furtherance of college or vocational education for 19 students in 2024.

$256Kprogram expense

Funders

Who pays for it.

From grant filings on record. Receipts are incomplete: individual donors are never listed.

Grants

Schedule I · received and paid
Grants received · FY2024
Total grants receivedfrom 1 funder$100
Grants paid · 5 grants · $776K · 2020–2024
Unitemized GrantFY2024$255,690
Unitemized GrantFY2023$142,605
Unitemized GrantFY2022$106,776
Unitemized GrantFY2021$106,728
Unitemized GrantFY2020$164,641

By the numbers

The FY2024 990, line by line.

1The main four
Money inPt VIII
$673K
Ln 12
Gifts and grantsLn 1h$407K
Investment incomeLn 3$266K
Money outPt IX
$301K
Ln 25
Programscol B$256K
Managementcol C$45K
Owns and owesPt X
$4.9M
net assets · Ln 32
Cash and savingsLn 1–2$267K
Total assetsLn 16$4.9M
LiabilitiesLn 26$0
PeoplePt VI, VII
5
listed · VII A
PaidVII A0
Voting boardVI 1a4
IndependentVI 1b4
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$407K
Investment incomeLn 3$266K
Gains on assetsLn 7$176K
Total revenueLn 12$673K
Assets in detailPt X, end of year
CashLn 1$267K
Cash and savings togetherLn 1–2$267K
InvestmentsLn 11–13$4.6M
Total assetsLn 16$4.9M
LiabilitiesLn 26$0
Net assetsLn 32$4.9M
OperationsPt I, VI
EmployeesI 50
VolunteersI 60
Fiscal year endsHeaderDecember
Conflict-of-interest policyVI 12aYes
Whistleblower policyVI 13Yes
Records policyVI 14Yes
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY24End FY24
Cash and savingsLn 1–2$116K$267K
InvestmentsLn 11–13$4.3M$4.6M
Total assetsLn 16$4.4M$4.9M
LiabilitiesLn 26$0$0
Net assetsLn 32$4.4M$4.9M
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Grants to domestic individualsLn 2$256K$256K
Legal feesLn 11b$680$680
Accounting feesLn 11c$2K$2K
Investment management feesLn 11f$37K$37K
Other expenses (24a–d)Ln 24$6K$6K
All other expensesLn 24e$41$41
Total functional expensesLn 25$301K$256K$45K$0

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2024 Latest Viewing $673K$301K$372K$4.9M 990 PDF
FY2023 $501K$183K$317K$4.4M 990 PDF
FY2022 $477K$165K$313K$3.6M 990 PDF
FY2021 $614K$139K$474K$3.7M 990 PDF
FY2020 $512K$189K$323K$3.0M 990 PDF

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Schedules filed Part IV

III · Programs R · Related orgs G · Fundraising L · Interested persons I · Grants A · Public support O · Explanations
See the full FY2024 990 (6 parts)
Part I · Summary $672,720 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $412,973$407,113
I-9 Program service revenuePrior year $0$0
I-10 Investment incomePrior year $87,614$265,607
I-11 Other revenuePrior year $0$0
I-12 Total revenuePrior year $500,587$672,720
I-13 Grants and similar amounts paidPrior year $142,605$255,690
I-14 Benefits paid to membersPrior year $0$0
I-15 Salaries and benefitsPrior year $0$0
I-16a Professional fundraising feesPrior year $0$0
I-17 Other expensesPrior year $40,826$45,499
I-18 Total expensesPrior year $183,431$301,189
I-19 Revenue less expensesPrior year $317,156$371,531
Part VI · Governance 4 of 4 board members independent, 1 to look at
VI-1a Voting members of the governing body4
VI-1b Independent voting members4
VI-15a Process for setting top official's payNo
VI-2 Family or business relationship among officers or directorsNo
VI-12a Written conflict of interest policyYes
VI-13 Written whistleblower policyYes
VI-14 Document retention and destruction policyYes
Part VIII · Statement of revenue $672,720 across 5 lines filed
VIII-1f All other contributions, gifts and grants$407,113
VIII-1h Total contributions, gifts and grants$407,113
VIII-3 Investment incomeExcluded from tax $89,976$89,976
VIII-7 Net gain or loss on sales of assetsExcluded from tax $175,631$175,631
VIII-12 Total revenueRelated to mission $0 · Unrelated business $0 · Excluded from tax $265,607$672,720
Part IX · Statement of functional expenses $301,189 across 6 lines filed
IX-2 Grants to domestic individualsPrograms $255,690$255,690
IX-11b Legal feesManagement $680$680
IX-11c Accounting feesManagement $1,692$1,692
IX-11f Investment management feesManagement $37,079$37,079
IX-24 Other expenses (24a–d)Management $6,007$6,007
IX-24e All other expensesManagement $41$41
IX-25 Total functional expensesPrograms $255,690 · Management $45,499 · Fundraising $0$301,189
Part X · Balance sheet $4,919,373 assets, 8 lines filed
X-1 Cash, non-interest-bearingStart of year $115,940$266,829
X-3 Pledges and grants receivableStart of year $10,530$2,650
X-11 Publicly traded securitiesStart of year $4,274,322$4,649,894
X-16 Total assetsStart of year $4,400,792$4,919,373
X-26 Total liabilitiesStart of year $0$0
X-27 Net assets without donor restrictionsStart of year $4,400,792$4,919,373
X-32 Total net assets or fund balancesStart of year $4,400,792$4,919,373
X-33 Total liabilities and net assetsStart of year $4,400,792$4,919,373
Part XI · Reconciliation of net assets $4,919,373 net assets at year end
XI-1 Total revenue$672,720
XI-2 Total expenses$301,189
XI-3 Revenue less expenses$371,531
XI-4 Net assets at start of year$4,400,792
XI-5 Net unrealized gains (losses) on investments$147,050
XI-9 Other changes in net assets$0
XI-10 Net assets at end of year$4,919,373

Form 990 e-file (XML) FY2024 from the IRS · Classification, formation year and address from the IRS Business Master File

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