J A G A Charitable Trust EIN 23-7369497 Form 990 (PDF) Claim this org

J A G A Charitable Trust

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J A G A Charitable Trust is a nonprofit based in Ponte Vedra Beach, FL. For fiscal year 2025 it reported $275K in revenue, $181K in expenses, and $390K in net assets.Pt I

Type
Public charity (501(c)(3)) · Nonprofit
Location
Ponte Vedra Beach, FL
Filings
4 on file (2020–2025)
Revenue
$275KFY2025
Expenses
$181K
Net assets
$390K
People
3
Filings
4
Updates
0
More identity details & actions ⌄
EIN  23-7369497 Public charity (501(c)(3)) Ponte Vedra Beach, FL
Form 990 (PDF)
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Size
$100K–1M
What they do
a nonprofit
Leadership
Ronald Smith · Treasurer
Money in and out
$275K revenue, $181K expenses
Bottom line
98% program efficiency
Where the money goes · FY2025
Total revenue
$275K
Pt VIII · Ln 12
Total expenses
$181K
Pt IX · Ln 25
Net assets
$390K
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): $94K
Where spending went · Part IX cols B–D
Program services $0.98 Management & general $0.02
Program efficiency
98%
of spending reaches programs
Operating runway
25.9mo
months of highly liquid reserves at operating expense rate▼ -41% vs prior filing year
Surplus margin
+34%
revenue over expenses, this year▼ -29% vs prior filing year

Summary of the Filing

Part I · fiscal year 2025 · Form 990
Revenue
$275K
FY2025▲ +77%
Total revenue
$275K
Pt VIII · Ln 12
Total expenses
$181K
Pt IX · Ln 25
Net assets
$390K
Pt X · Ln 32
Revenue less expensesPt I · Ln 19$94K
Total assetsPt X · Ln 16$390K
Program-expense ratioPt IX · col B98%
Voting members of governing bodyPt I · Ln 33
Independent voting membersPt I · Ln 43

Identity & Classification

Form 990 Header · IRS Business Master File
Legal nameHdr · item CJ A G A Charitable Trust
EINHdr · item D23-7369497
Principal addressHdr · item CPonte Vedra Beach, FL
WebsiteHdr · item Jnone reported
Year of formationHdr · item Lpending
State of legal domicileHdr · item MFL
Exempt statusHdr · item I501(c)(3) · active
NTEE classificationIRS BMFNonprofit
Ruling yearIRS BMFJul 1974

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1a3
Independent voting membersPt VI · Ln 1b3
Conflict-of-interest policyPt VI · Ln 12aNo
Whistleblower policyPt VI · Ln 13No
Document retention policyPt VI · Ln 14No
CEO/top-official compensation independently reviewedPt VI · Ln 15aNo
Family or business relationships among officers/directorsPt VI · Ln 2No

Officers, Directors & Key Employees

Part VII, Section A · reportable compensation
Treasurer
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
See J A G A Charitable Trust executive salaries →

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Mission & Programs · Part III

Where the work happens

2 program services account for $178K of program spending, described in the organization's own filed words · FY2025.
01

Scholarships for the approved student to attend approved colleges.

$172Kprogram expense
02

Provide Annual Dinner for recipients and members.

$5Kprogram expense

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Statement of Revenue

Part VIII
Contributions & grants$198K · 72%
Program service revenue$66K · 24%
Investment income$11K · 4%
Contributions & grants72%$198K
Program service revenue24%$66K
Investment income4%$11K
Total revenueLn 12$275K

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.98 Management & general $0.02
Program services98%$178K
Management & general2%$3K
Total functional expensesLn 25$181K

Balance Sheet

Part X · end of year
CashLn 1$390K
Total assetsLn 16$390K
Total liabilitiesLn 26$0
Total net assetsLn 32$390K
Months of cash on handcomputed25.9

Financial Metrics

Form 990 · FY2025 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $390K · Operating expenses/yr $181K
25.9 months
Where the money goes
Program services
Program services $178K · Total expenses $181K
98%
Management & General
Management & general $3K · Total expenses $181K
2%
Fundraising
Fundraising $0 · Total expenses $181K
0%
Cost to raise $1
Fundraising expense $0 · Solicited contributions $198K
Solicited contributions below reporting floor
Where the money comes from
Contribution dependence
Contributions & grants $198K · Total revenue $275K
72%
Government reliance
Government grants — · Total revenue $275K
Earned-income share
Program service revenue $66K · Total revenue $275K
24%
Investment reliance
Investment income $11K · Total revenue $275K
+4%
Program self-sufficiency
Program service revenue $66K · Total expenses $181K
37%
Growth & trend
Revenue growth (YoY)
This year $275K · Prior year $155K
+77%
Revenue CAGR
FY2020 $49K · FY2025 $275K
+41%
Net-asset trend (YoY)
End of year $390K · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $275K · Expenses $181K
+34%
Liabilities-to-Assets
Total liabilities — · Total assets $390K
Net-asset ratio
Net assets $390K · Total assets $390K
100%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) $0 · Other securities (Pt X, ln 12) $0 · Total assets (Pt X, ln 16) $390K
0%
People & payroll
Highest Reported Total Compensation
Individual Ronald Smith · Reported title Treasurer · Highest reported compensation $0 · Total expenses $181K
0%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) $0 · Total expenses $181K
0%
Peer comparison

Same NTEE category, revenue band, and state where available. Descriptive — not a grade.

MetricThis orgPeer medianPercentile
Program ratio 98%
Overhead ratio 2%
Revenue growth 77%

Straight from the Form 990 — descriptive, not an evaluation. A ratio is hidden when its base is zero or too small to be meaningful; the dollars are always shown.

Grants

Schedule I · received and paid
Grants received · FY2025
Total grants receivedfrom 1 funder$16K
Grants paid · 1 grant · $132K · 2025–2025
Unitemized GrantFY2025$132,500

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Filings & Schedule Manifest

Part IV
III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
FY2025 (Latest)$275K revenue · viewing · ⤓ 990 PDF
FY2024$155K revenue · ⤓ 990 PDF
FY2023$189K revenue · ⤓ 990 PDF
FY2022not on file
FY2021not on file
FY2020$49K revenue · ⤓ 990 PDF

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Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2025IRS
Classification, formation year, addressIRS Business Master File
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