Jolt Initiative FY2020 filing

Tax-deductible

Austin, TX501(c)(3)Civil Rights & AdvocacyEIN 82-1708759Revenue $2.7M in FY2020

On file with the IRSjolttx.orgPo Box 4185, 78765-4185 · Austin, TXTax-exempt since Oct 2017Publicly supported charity — 170(b)(1)(A)(vi)

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Jolt Initiative is a non-profit organization that increases the civic participation of latinos in texas to build a stronger democracy and ensure that everyone's voice is heard.

501(c)(3) charity; gifts are tax-deductible.
91¢ of each $1 spent went to programs.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX

Before you give

FY2020 · 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
3 of 5
filings with a surplus
Average deficit $27K a year · 1% of revenue · last 5 filings
Worth a look: a surplus in 3 of the last 5 filings.
Pt I · Ln 19 · 5 filings
Spent on programs
91%
of spending
Looks good: 91% of spending went to programs; 75% or more.
Pt IX · Ln 25 · col B
Cash reserves
12 mo
of spending, in cash
Looks good: 12.4 months of spending in cash; 3 or more.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
13
named funders · $1.8M
Looks good: 13 funders name it on their filings; 3 or more.
Funders’ Sch. I, 990-PF
Liabilities
$705K
23% of total assets
Looks good: liabilities are 23% of assets; 50% or less.
Pt X · Ln 26
Independent board members
7
of 7 voting members
Looks good: 7 of 7 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$2.7M
Spent
$2.1M
To programs
91%
Net assets
$2.4M
By yearFY2020–FY2024
Revenue
$2.7M
FY2020
Tap a bar for its year
Revenue by fiscal year
FY2020$2.7M
FY2021$1.7M
FY2022$2.7M
FY2023$1.2M
FY2024$2.8M
Expenses
$2.1M
FY2020
Tap a bar for its year
Expenses by fiscal year
FY2020$2.1M
FY2021$1.8M
FY2022$2.1M
FY2023$2.4M
FY2024$2.8M
Net assets
$2.4M
FY2020
Tap a bar for its year
Net assets by fiscal year
FY2020$2.4M
FY2021$2.3M
FY2022$2.8M
FY2023$1.6M
FY2024$1.6M

From the FY2020 Form 990 · figures checked against the IRS filing · see the original

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You’re viewing the FY2020 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 Oct 2017.

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

Where the money goes

91 cents of each dollar spent went to programs.

Program services 91% · $1.9M Management & general 4% · $88K Fundraising 5% · $107K

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

9 people listed on the 990.

Part VII, Section A · reportable compensation
President
$0Pt VII · Sec A
Vice President
$0Pt VII · Sec A
Treasurer
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
Executive Director
$0Pt VII · Sec A
See Jolt Initiative 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 15aYes

Programs and updates

Mobilizes Latinos in Texas to increase civic participation and strengthen democracy.

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Provided by the organization

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3 programs · $1.9M · in their own filed words · FY2020
01

Organizing- the organizing program builds the capacity of grassroots leaders, who are majority young and female, to drive policy change in their communities and mobilize others to action. To that end, jolt initiative supports its members to exercise power through four programmatic areas- arts and culture, non-partisan voter registration…

$1.4Mprogram expense
02

Movement mujeres- movement mujeres seeks to build the organizational muscle and leadership pipeline necessary to transform texas and make the state a national leader on policies to protect and expand the rights of working class communities of color, immigrants, the LGBTQ, women and the environment.

$302Kprogram expense
03

Poder Quince

A movement that works to create a culture of voting rooted in the power of quinceaeras and the latino way of life.

$203Kprogram 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
See all 13 funders →
Grants paid · 8 grants · $2.9M · 2020–2024
Jolt Action INCTX · FY2024$400,000
Jolt Action INCTX · FY2023$558,450
Jolt Action INCTX · FY2022$492,866
Jolt Action INCTX · FY2021$680,830
Deeds Not WordsTX · FY2021$44,750
Jolt Action INCTX · FY2020$695,945
Move Texas Action FundTX · FY2020$25,000

By the numbers

The FY2020 990, line by line.

1The main four
Money inPt VIII
$2.7M
Ln 12
Gifts and grantsLn 1h$2.7M
Fees for servicesLn 2g$3K
Money outPt IX
$2.1M
Ln 25
Programscol B$1.9M
Managementcol C$88K
Fundraisingcol D$107K
Owns and owesPt X
$2.4M
net assets · Ln 32
Cash and savingsLn 1–2$2.2M
Total assetsLn 16$3.1M
LiabilitiesLn 26$705K
PeoplePt VI, VII
9
listed · VII A
PaidVII A0
Voting boardVI 1a7
IndependentVI 1b7
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$2.7M
Noncash giftsLn 1g$63K
Fees for servicesLn 2g$3K
Total revenueLn 12$2.7M
Assets in detailPt X, end of year
CashLn 1$2.2M
Cash and savings togetherLn 1–2$2.2M
Other assetsLn 15$5K
Total assetsLn 16$3.1M
LiabilitiesLn 26$705K
Net assetsLn 32$2.4M
OperationsPt I, VI
EmployeesI 50
VolunteersI 6300
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 FY20End FY20
Cash and savingsLn 1–2$1.4M$2.2M
Total assetsLn 16$2.5M$3.1M
LiabilitiesLn 26$732K$705K
Net assetsLn 32$1.8M$2.4M
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Grants to domestic organizationsLn 1$746K$746K
Other salaries and wagesLn 7$701K$567K$57K$77K
Pension plan contributionsLn 8$3K$2K$238$318
Other employee benefitsLn 9$25K$21K$2K$3K
Payroll taxesLn 10$55K$45K$4K$6K
Legal feesLn 11b$13K$11K$916$1K
Accounting feesLn 11c$16K$13K$2K$1K
Other fees for servicesLn 11g$302K$289K$5K$8K
Advertising and promotionLn 12$33K$32K$222$296
Office expensesLn 13$96K$79K$13K$4K
Information technologyLn 14$28K$25K$2K$1K
OccupancyLn 16$36K$31K$171$4K
TravelLn 17$21K$19K$461$1K
Conferences, conventions and meetingsLn 19$21K$20K$360$638
InsuranceLn 23$6K$6K$168$224
Total functional expensesLn 25$2.1M$1.9M$88K$107K

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2024 Latest $2.8M$2.8M$10K$1.6M 990 PDF
FY2023 $1.2M$2.4M−$1.3M$1.6M 990 PDF
FY2022 $2.7M$2.1M$625K$2.8M 990 PDF
FY2021 $1.7M$1.8M−$128K$2.3M 990 PDF
FY2020 Viewing $2.7M$2.1M$627K$2.4M 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 FY2020 990 (6 parts)
Part I · Summary $2,728,962 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $1,421,120$2,726,295
I-9 Program service revenue$2,667
I-10 Investment incomePrior year $0$0
I-11 Other revenue$0
I-12 Total revenuePrior year $1,421,120$2,728,962
I-13 Grants and similar amounts paidPrior year $306,996$745,945
I-14 Benefits paid to members$0
I-15 Salaries and benefitsPrior year $720,678$784,522
I-16a Professional fundraising fees$0
I-17 Other expensesPrior year $428,742$571,384
I-18 Total expensesPrior year $1,456,416$2,101,851
I-19 Revenue less expensesPrior year −$35,296$627,111
Part VI · Governance 7 of 7 board members independent, no flags
VI-1a Voting members of the governing body7
VI-1b Independent voting members7
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
VI-15a Process for setting top official's payYes
Part VIII · Statement of revenue $2,728,962 across 5 lines filed
VIII-1f All other contributions, gifts and grants$2,726,295
VIII-1g Noncash contributions (included above)$62,645
VIII-1h Total contributions, gifts and grants$2,726,295
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Unrelated business $0 · Excluded from tax $0$2,667
VIII-12 Total revenueRelated to mission $2,667 · Unrelated business $0 · Excluded from tax $0$2,728,962
Part IX · Statement of functional expenses $2,101,851 across 15 lines filed
IX-1 Grants to domestic organizationsPrograms $745,945$745,945
IX-7 Other salaries and wagesPrograms $567,381 · Management $57,414 · Fundraising $76,552$701,347
IX-8 Pension plan contributionsPrograms $2,466 · Management $238 · Fundraising $318$3,022
IX-9 Other employee benefitsPrograms $20,795 · Management $2,008 · Fundraising $2,677$25,480
IX-10 Payroll taxesPrograms $44,619 · Management $4,309 · Fundraising $5,745$54,673
IX-11b Legal feesPrograms $11,092 · Management $916 · Fundraising $1,214$13,222
IX-11c Accounting feesPrograms $13,433 · Management $1,790 · Fundraising $1,245$16,468
IX-11g Other fees for servicesPrograms $288,818 · Management $4,918 · Fundraising $7,990$301,726
IX-12 Advertising and promotionPrograms $32,407 · Management $222 · Fundraising $296$32,925
IX-13 Office expensesPrograms $78,741 · Management $13,255 · Fundraising $3,538$95,534
IX-14 Information technologyPrograms $25,118 · Management $1,701 · Fundraising $1,363$28,182
IX-16 OccupancyPrograms $31,344 · Management $171 · Fundraising $4,188$35,703
IX-17 TravelPrograms $18,948 · Management $461 · Fundraising $1,436$20,845
IX-19 Conferences, conventions and meetingsPrograms $19,780 · Management $360 · Fundraising $638$20,778
IX-23 InsurancePrograms $5,609 · Management $168 · Fundraising $224$6,001
IX-25 Total functional expensesPrograms $1,906,496 · Management $87,931 · Fundraising $107,424$2,101,851
Part X · Balance sheet $3,117,939 assets, 13 lines filed
X-1 Cash, non-interest-bearingStart of year $1,398,997$2,173,390
X-3 Pledges and grants receivableStart of year $1,080,450$939,545
X-4 Accounts receivableStart of year $38,070$4
X-15 Other assets$5,000
X-16 Total assetsStart of year $2,517,517$3,117,939
X-17 Accounts payable and accrued expensesStart of year $276,399$27,092
X-18 Grants payableStart of year $455,250$205,250
X-25 Other liabilities$472,618
X-26 Total liabilitiesStart of year $731,649$704,960
X-27 Net assets without donor restrictionsStart of year $349,938$1,346,567
X-28 Net assets with donor restrictionsStart of year $1,435,930$1,066,412
X-32 Total net assets or fund balancesStart of year $1,785,868$2,412,979
X-33 Total liabilities and net assetsStart of year $2,517,517$3,117,939
Part XI · Reconciliation of net assets $2,412,979 net assets at year end
XI-1 Total revenue$2,728,962
XI-2 Total expenses$2,101,851
XI-3 Revenue less expenses$627,111
XI-4 Net assets at start of year$1,785,868
XI-10 Net assets at end of year$2,412,979

Form 990 e-file (XML) FY2020 from the IRS · Classification, formation year and address from the IRS Business Master File

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