J3 Foundation FY2021 filing

Los Angeles, CAPrivate foundation / grantmaker EIN 45-6192032Revenue $861K in FY2021

On file with the IRSj3foundationla.org11693 San Vicente Blvd 404 · Los Angeles, CA

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FY2021 · Form 990-PFIndependent: from IRS data, not the org
Download 990
Latest return
FY2023
latest Form 990-PF
Fine: the latest return is for FY2023, 3 tax years back; within 3 tax years.
IRS e-file · Filing history
Surplus or deficit
3 of 4
filings with a surplus
Average surplus $21K a year · 3% of revenue · last 4 filings
Fine: a surplus in 3 of the last 4 filings.
990-PF Pt I · 4 filings
<1 mo
of spending, in cash
Concern: 0.3 months of spending in cash; under 2 weeks.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
1
named funder · $50K
Fine: 1 funder names it on their filings; under 3.
Funders’ Sch. I, 990-PF
Liabilities
$21K
54% of total assets
Fine: liabilities are 54% of assets; 50% to 65%.
990-PF Pt II
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$861K
+99% vs prior year
Spent
$961K
Net assets
$17K
By yearFY2020–FY2023
Revenue
$861K
FY2021▲ +99%
Tap a bar for its year
Revenue by fiscal year
FY2020$433K
FY2021$861K
FY2022$1.3M
FY2023$0
Expenses
$961K
FY2021▲ +186%
Tap a bar for its year
Expenses by fiscal year
FY2020$336K
FY2021$961K
FY2022$1.2M
FY2023$0
Net assets
$17K
FY2021▼ -85%
Tap a bar for its year
Net assets by fiscal year
FY2020$115K
FY2021$17K
FY2022$108K
FY2023$0

From the FY2021 Form 990 · see the original

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Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2023.

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

Where the money goes

What each dollar paid for.

Operating & administrative 100% · $961K

Form 990 Part IX, line 25. Every line is in By the numbers.

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Who runs it and what they're paid

3 people listed on the 990-PF.

Part VII, Section A · reportable compensation
$0Pt VII · Sec A
Vice Chairman
$0Pt VII · Sec A
$0Pt VII · Sec A
See J3 Foundation executive salaries →

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Programs and updates

A private foundation based in Los Angeles, CA.

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By the numbers

The FY2021 990-PF, line by line.

1The main four
Money in
$861K
Gifts and grants$861K
Investment income$4
Money out
$961K
Running costs$961K
Owns and owes
$17K
net assets
Cash and savings$28K
Total assets$38K
Liabilities$21K
People
3
listed
Paid0
2In more detail
Revenue in detail
Gifts and grants$861K
Investment income$4
Total revenue$861K
Assets in detailEnd of year
Cash and savings together$28K
Total assets$38K
Liabilities$21K
Net assets$17K
Operations
Fiscal year endsDecember

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2023 Latest $0$0$0$0 990 PDF
FY2022 $1.3M$1.2M$88K$108K 990 PDF
FY2021 Viewing $861K$961K−$100K$17K 990 PDF
FY2020 $433K$336K$98K$115K 990 PDF

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Schedules filed Part IV

III · Programs R · Related orgs G · Fundraising L · Interested persons

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

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