Grand Rapids Jaycees Foundation EIN 38-2425009

Grand Rapids Jaycees Foundation

EIN  38-2425009 Public charity (501(c)(3)) Grand Rapids, MI
Form 990 (PDF) Compare with another nonprofit →
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Size
<$100K
What they do
Helps communities by providing aid and encouraging citizen involvement.
Leadership
Emma Baranowski · Trustee
Money in and out
$48K revenue, $67K expenses
Bottom line
91% program efficiency

Helps communities by providing aid and encouraging citizen involvement. For fiscal year 2024 it reported $48K in revenue, $67K in expenses, and $1.3M in net assets.Pt I

Where the money goes · FY2024
Total revenue
$48K
Pt VIII · Ln 12
Total expenses
$67K
Pt IX · Ln 25
Net assets
$1.3M
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): −$19K
Where spending went · Part IX cols B–D
Program services $0.91 Management & general $0.09
Program efficiency
91%
of spending reaches programs▲ +4% vs prior filing year
Operating runway
207.9mo
months of highly liquid reserves at operating expense rate▼ -15% vs prior filing year
Surplus margin
-39%
revenue over expenses, this year▼ -19% vs prior filing year

Summary of the Filing

Part I · fiscal year 2024 · Form 990
Revenue
$48K
FY2024▲ +18%
Expenses
$67K
FY2024▲ +24%
Total assets
$1.4M
FY2024▲ +4%
Total liabilities
$42K
FY2024▲ +45%
Total revenue
$48K
Pt VIII · Ln 12
Total expenses
$67K
Pt IX · Ln 25
Net assets
$1.3M
Pt X · Ln 32
Revenue less expensesPt I · Ln 19−$19K
Total assetsPt X · Ln 16$1.4M
Program-expense ratioPt IX · col B91%
Voting members of governing bodyPt I · Ln 37
Independent voting membersPt I · Ln 47
Mission & Programs · Part III

Where the work happens

1 program service account for $61K of program spending, described in the organization's own filed words · FY2024.
01

The Foundations primary purpose is to provide grants to local charities, with a specific emphasis on capital needs and childrens programs. The Foundation also acts as recipiemt for the charitable fundraising of Grand Rapids Junior Chamber International, a non-profit leadership training and community service organization, whose members…

$61Kprogram expense

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Identity & Classification

Form 990 Header · IRS Business Master File
Legal nameHdr · item CGrand Rapids Jaycees Foundation
EINHdr · item D38-2425009
Principal addressHdr · item CGrand Rapids, MI
WebsiteHdr · item Jwww.grjayceesfoundation.org
Year of formationHdr · item Lpending
State of legal domicileHdr · item MMI
Exempt statusHdr · item I501(c)(3) · active
NTEE classificationIRS BMFCommunity Development (S82Z)
Ruling yearIRS BMFJul 1983

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1a7
Independent voting membersPt VI · Ln 1b7
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
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
Vice President
$0Pt VII · Sec A
Treasurer
$0Pt VII · Sec A
See Grand Rapids Jaycees Foundation executive salaries →

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Statement of Revenue

Part VIII
Investment income$37K · 76%
Other revenue$12K · 24%
Investment income76%$37K
Other revenue24%$12K
Total revenueLn 12$48K

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.91 Management & general $0.09
Program services91%$61K
Management & general9%$6K
Total functional expensesLn 25$67K

Balance Sheet

Part X · end of year
CashLn 1$23K
Total assetsLn 16$1.4M
Total liabilitiesLn 26$42K
Total net assetsLn 32$1.3M
Months of cash on handcomputed4.1

Financial Metrics

Form 990 · FY2024 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $1.2M · Operating expenses/yr $67K
207.9 months
Where the money goes
Program services
Program services $61K · Total expenses $67K
91%
Management & General
Management & general $6K · Total expenses $67K
9%
Fundraising
Fundraising $0 · Total expenses $67K
0%
Cost to raise $1
Fundraising expense (3-yr avg) $0 · Solicited contributions (3-yr avg) $87
Solicited contributions below reporting floor
Where the money comes from
Contribution dependence
Contributions & grants $0 · Total revenue $48K
0%
Government reliance
Government grants — · Total revenue $48K
Earned-income share
Program service revenue $0 · Total revenue $48K
0%
Investment reliance
Investment income $37K · Total revenue $48K
+76%
Program self-sufficiency
Program service revenue $0 · Total expenses $67K
0%
Growth & trend
Revenue growth (YoY)
This year $48K · Prior year $41K
+18%
Revenue CAGR
FY2020 $48K · FY2024 $48K
0%
Net-asset trend (YoY)
End of year $1.3M · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $48K · Expenses $67K
-39%
Liabilities-to-Assets
Total liabilities — · Total assets $1.4M
Net-asset ratio
Net assets $1.3M · Total assets $1.4M
97%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) $1.1M · Other securities (Pt X, ln 12) — · Total assets (Pt X, ln 16) $1.4M
84%
People & payroll
Highest Reported Total Compensation
Individual Emma Baranowski · Reported title Trustee · Highest reported compensation $0 · Total expenses $67K
0%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) — · Total expenses $67K
Peer comparison

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

MetricThis orgPeer medianPercentile
Program ratio 91%
Overhead ratio 9%
Revenue growth 18%
Accounting fee ratio 2%

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 · FY2023
Total grants receivedfrom 1 funder$11
Grants paid · 14 grants · $118K · 2020–2024
Friends of Gr ParksFY2024$6,969
Humane SocietyFY2024$5,000
Eles Place INCMI · FY2024$5,000
Equest CenterFY2024$5,000
Camp Casey CorporationMI · FY2024$5,000
Mel Trotter MissionFY2024$4,575
Arts in MotionFY2024$2,000
Hsb INCFY2024$1,095
CsnipFY2023$10,000
Gr Jci Community Dev ProjectsFY2022$39,500
Blandford Nature CenterMI · FY2021$10,000
Girls on the RunFY2020$8,676
Boy Scouts of AmericaFY2020$7,500

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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
FY2024 (Latest)$48K revenue · viewing · ⤓ 990 PDF
FY2023$41K revenue · ⤓ 990 PDF
FY2022$63K revenue · ⤓ 990 PDF
FY2021$71K revenue · ⤓ 990 PDF
FY2020$48K revenue · ⤓ 990 PDF

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Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2024IRS
Classification, formation year, addressIRS Business Master File
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