Chagrin Valley Jaycees Charitable Foundation FY2021 filing

Tax-deductible

Chagrin Falls, OH501(c)(3)Foundations & GrantmakersEIN 32-0094722Revenue $226K in FY2021

On file with the IRSPo Box 522, 44022-0522 · Chagrin Falls, OHTax-exempt since Jan 2009Publicly supported charity — 170(b)(1)(A)(vi)

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To develop organized philanthropy that will support community-based services with the purpose of improving the quality of life in northeastern ohio. Our goal is to identify investment opportunities that will provide the greatest return thereby increasing the amount of Charitable dollars available for allocation. The cvjcf will perform as a prudent manager of directly solicited Charitable gifts and bequests and develop investment strategies that demonstrate ethical and responsible leadership. IT is our belief that by creating an environment that provides Charitable giving options coupled with teamwork, open communication and personal accountability, the cvjcf will ensure the growth and prosperity of all those we serve.

501(c)(3) charity; gifts are tax-deductible.
62¢ of each $1 spent went to programs.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX

Before you give

FY2021 · 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
4 of 4
filings with a surplus
Average surplus $135K a year · 57% of revenue · last 4 filings
Looks good: a surplus in 4 of the last 4 filings.
Pt I · Ln 19 · 4 filings
Spent on programs
62%
of spending
Worth a look: 62% of spending went to programs; under 65%.
Pt IX · Ln 25 · col B
Cash reserves
29 mo
of spending, in cash
Looks good: 29.1 months of spending in cash; 3 or more.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
3
named funders · $5K
Looks good: 3 funders name it on their filings; 3 or more.
Funders’ Sch. I, 990-PF
Liabilities
$14K
5% of total assets
Looks good: liabilities are 5% of assets; 50% or less.
Pt X · Ln 26
Independent board members
14
of 14 voting members
Looks good: 14 of 14 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$226K
+335% vs prior year
Spent
$64K
To programs
62%
Net assets
$288K
By yearFY2020–FY2024
Revenue
$226K
FY2021▲ +335%
Tap a bar for its year
Revenue by fiscal year
FY2020$52K
FY2021$226K
FY2022$162K
FY2023$248K
FY2024$317K
Expenses
$64K
FY2021
Tap a bar for its year
Expenses by fiscal year
FY2020Not on file
FY2021$64K
FY2022$142K
FY2023$83K
FY2024$124K
Net assets
$288K
FY2021▲ +146%
Tap a bar for its year
Net assets by fiscal year
FY2020$117K
FY2021$288K
FY2022$285K
FY2023$464K
FY2024$657K

From the FY2021 Form 990 · see the original

990 PDF Claim
You’re viewing the FY2021 filing — not the latest on file. See the latest (FY2024) →

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2024. IRS ruling in Jan 2009.

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

Where the money goes

62 cents of each dollar spent went to programs.

Program services 62% · $39K Management & general 30% · $19K Fundraising 9% · $6K

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

17 people listed on the 990.

Part VII, Section A · reportable compensation
$0Pt VII · Sec A
Vice President
$0Pt VII · Sec A
Treasurer
$0Pt VII · Sec A
Secretary
$0Pt VII · Sec A
Sergeant-At-Arms
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
See Chagrin Valley Jaycees Charitable Foundation 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 community services in Northeast Ohio by developing organized philanthropy and investment strategies.

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Provided by the organization

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2 programs · $39K · in their own filed words · FY2021
01

Our goal is to develop organized philanthropy that will support community-based services with the purpose of improving the quality of life in northeastern ohio.

$21Kprogram expense
02

Holiday Lighting in the Village of Chagrin Falls

An annual tradition, lighting and decorations in the spirit of the holiday season is provided from thanksgiving until after new year's day.

$18Kprogram 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 3 funders$5K
See all 3 funders →
Grants paid · 1 grant · $8K · 2024–2024
Unitemized GrantFY2024$8,000

By the numbers

The FY2021 990, line by line.

1The main four
Money inPt VIII
$226K
Ln 12
Gifts and grantsLn 1h$222K
Other incomeLn 4–11$4K
Investment incomeLn 3$213
Money outPt IX
$64K
Ln 25
Programscol B$39K
Managementcol C$19K
Fundraisingcol D$6K
Owns and owesPt X
$288K
net assets · Ln 32
Cash and savingsLn 1–2$155K
Total assetsLn 16$302K
LiabilitiesLn 26$14K
PeoplePt VI, VII
17
listed · VII A
PaidVII A0
Voting boardVI 1a14
IndependentVI 1b14
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$222K
Noncash giftsLn 1g$113
Fundraising eventsLn 1c$18K
Investment incomeLn 3$213
Other incomeLn 4–11$4K
Total revenueLn 12$226K
Assets in detailPt X, end of year
CashLn 1$155K
Cash and savings togetherLn 1–2$155K
InvestmentsLn 11–13$141K
Other assetsLn 15$850
Total assetsLn 16$302K
LiabilitiesLn 26$14K
Net assetsLn 32$288K
OperationsPt I, VI
EmployeesI 50
VolunteersI 6213
Fiscal year endsHeaderDecember
Conflict-of-interest policyVI 12aYes
Whistleblower policyVI 13No
Records policyVI 14No
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY21End FY21
Cash and savingsLn 1–2$124K$155K
InvestmentsLn 11–13$141K
Total assetsLn 16$125K$302K
LiabilitiesLn 26$8K$14K
Net assetsLn 32$117K$288K
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Grants to domestic organizationsLn 1$2K$2K
Accounting feesLn 11c$4K$4K
Advertising and promotionLn 12$11K$8K$3K
Office expensesLn 13$5K$3K$3K
OccupancyLn 16$2K$913$913
InsuranceLn 23$5K$5K
Other expenses (24a–d)Ln 24$35K$26K$6K$3K
Total functional expensesLn 25$64K$39K$19K$6K

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2024 Latest $317K$124K$193K$657K 990 PDF
FY2023 $248K$83K$165K$464K 990 PDF
FY2022 $162K$142K$20K$285K 990 PDF
FY2021 Viewing $226K$64K$162K$288K 990 PDF
FY2020 $52K$117K 990 PDF

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Schedules filed Part IV

III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
See the full FY2021 990 (6 parts)
Part I · Summary $225,675 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $45,313$221,706
I-9 Program service revenuePrior year $0$0
I-10 Investment incomePrior year $45$213
I-11 Other revenuePrior year $6,573$3,756
I-12 Total revenuePrior year $51,931$225,675
I-13 Grants and similar amounts paidPrior year $6,725$2,000
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 $9,774$61,774
I-18 Total expensesPrior year $16,499$63,774
I-19 Revenue less expensesPrior year $35,432$161,901
Part VI · Governance 14 of 14 board members independent, 3 to look at
VI-1a Voting members of the governing body14
VI-1b Independent voting members14
VI-13 Written whistleblower policyNo
VI-14 Document retention and destruction policyNo
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
Part VIII · Statement of revenue $225,675 across 8 lines filed
VIII-1b Membership dues$6,240
VIII-1c Fundraising events$17,855
VIII-1f All other contributions, gifts and grants$197,611
VIII-1g Noncash contributions (included above)$113
VIII-1h Total contributions, gifts and grants$221,706
VIII-3 Investment incomeExcluded from tax $213$213
VIII-8 Net income from fundraising eventsExcluded from tax $3,756$3,756
VIII-12 Total revenueRelated to mission $0 · Unrelated business $0 · Excluded from tax $3,969$225,675
Part IX · Statement of functional expenses $63,774 across 7 lines filed
IX-1 Grants to domestic organizationsPrograms $2,000$2,000
IX-11c Accounting feesManagement $4,175$4,175
IX-12 Advertising and promotionPrograms $7,902 · Fundraising $2,634$10,536
IX-13 Office expensesPrograms $2,596 · Management $2,596$5,192
IX-16 OccupancyPrograms $913 · Management $913$1,826
IX-23 InsuranceManagement $4,828$4,828
IX-24 Other expenses (24a–d)Programs $25,821 · Management $6,458 · Fundraising $2,938$35,217
IX-25 Total functional expensesPrograms $39,232 · Management $18,970 · Fundraising $5,572$63,774
Part X · Balance sheet $301,717 assets, 10 lines filed
X-1 Cash, non-interest-bearingStart of year $124,238$154,779
X-4 Accounts receivableStart of year $375$5,095
X-11 Publicly traded securities$140,993
X-15 Other assetsStart of year $0$850
X-16 Total assetsStart of year $124,613$301,717
X-17 Accounts payable and accrued expensesStart of year $7,547$12,265
X-19 Deferred revenue$1,600
X-26 Total liabilitiesStart of year $7,547$13,865
X-32 Total net assets or fund balancesStart of year $117,066$287,852
X-33 Total liabilities and net assetsStart of year $124,613$301,717
Part XI · Reconciliation of net assets $287,852 net assets at year end
XI-1 Total revenue$225,675
XI-2 Total expenses$63,774
XI-3 Revenue less expenses$161,901
XI-4 Net assets at start of year$117,066
XI-5 Net unrealized gains (losses) on investments$8,885
XI-9 Other changes in net assets$0
XI-10 Net assets at end of year$287,852

Form 990 e-file (XML) FY2021 from the IRS · Classification, formation year and address from the IRS Business Master File

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