James Experience Foundation EIN 82-4670194

James Experience Foundation FY2023 filing

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Help people in their communities. For fiscal year 2023 it reported $54K in revenue, $27K in expenses, and $43K in net assets.Pt I

Type
Public foundation / grantmaker · Foundations & Grantmakers
Location
Farmersville, TX
Website
jamesexperiencefoundation.org
Filings
6 on file (2020–2023)
Revenue
$54KFY2023
Expenses
$27K
Net assets
$43K
People
4
Filings
6
Updates
0
More identity details & actions ⌄
EIN  82-4670194 Public foundation / grantmaker Farmersville, TX
Form 990 (PDF)
You’re viewing the FY2023 filing — not the latest on file. See the latest (FY2025) →
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Size
$100K–1M
What they do
Help people in their communities.
Leadership
Melissa James · Director
Money in and out
$54K revenue, $27K expenses
Bottom line
91% program efficiency
Grants paid & assets · FY2023
Total revenue
$54K
Pt VIII · Ln 12
Total expenses
$27K
Pt IX · Ln 25
Net assets
$43K
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): $27K
Where spending went · Part IX cols B–D
Program services $0.91 Management & general $0.09
Program efficiency
91%
of spending reaches programs
Operating runway
19.0mo
months of highly liquid reserves at operating expense rate
Surplus margin
+49%
revenue over expenses, this year

Summary of the Filing

Part I · fiscal year 2023 · Form 990
Revenue
$54K
FY2023▼ -52%
Expenses
$27K
FY2023▼ -75%
Total assets
$43K
FY2023▲ +162%
Total liabilities
$0
FY2023
Total revenue
$54K
Pt VIII · Ln 12
Total expenses
$27K
Pt IX · Ln 25
Net assets
$43K
Pt X · Ln 32
Revenue less expensesPt I · Ln 19$27K
Total assetsPt X · Ln 16$43K
Program-expense ratioPt IX · col B91%
Voting members of governing bodyPt I · Ln 34
Independent voting membersPt I · Ln 44
Mission & Programs · Part III

Where the work happens

3 program services account for $25K of program spending, described in the organization's own filed words · FY2023.
01

Money is raised through donations and sponsorships and distributed to qualified individuals that applied for medical assistance in the communities we serve.

$14Kprogram expense
02

Money is raised through donations and sponsorships and distributed to help teachers and their classrooms in the communities we serve.

$8Kprogram expense
03

Money is raised through donations and sponsorships and distributed to help Children or Families with Special Needs in the communities we serve.

$3Kprogram expense

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Identity & Classification

Form 990 Header · IRS Business Master File
Legal nameHdr · item CJames Experience Foundation
EINHdr · item D82-4670194
Principal addressHdr · item CFarmersville, TX
WebsiteHdr · item Jjamesexperiencefoundation.org
Year of formationHdr · item Lpending
State of legal domicileHdr · item MTX
Exempt statusHdr · item I501(c)(3) · active
NTEE classificationIRS BMFFoundations & Grantmakers (T21)
Ruling yearIRS BMFApr 2018

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1a4
Independent voting membersPt VI · Ln 1b4
Conflict-of-interest policyPt VI · Ln 12aYes
Whistleblower policyPt VI · Ln 13Yes
Document retention policyPt VI · Ln 14Yes
CEO/top-official compensation independently reviewedPt VI · Ln 15aNo
Family or business relationships among officers/directorsPt VI · Ln 2Yes

Officers, Directors & Key Employees

Part VII, Section A · reportable compensation
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
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Statement of Revenue

Part VIII
Contributions & grants$53K · 99%
Investment income$616 · 1%
Contributions & grants99%$53K
Investment income1%$616
Total revenueLn 12$54K

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%$25K
Management & general9%$2K
Total functional expensesLn 25$27K

Balance Sheet

Part X · end of year
CashLn 1$43K
Total assetsLn 16$43K
Total liabilitiesLn 26$0
Total net assetsLn 32$43K
Months of cash on handcomputed19.0

Financial Metrics

Form 990 · FY2023 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $43K · Operating expenses/yr $27K
19.0 months
Where the money goes
Program services
Program services $25K · Total expenses $27K
91%
Management & General
Management & general $2K · Total expenses $27K
9%
Fundraising
Fundraising $0 · Total expenses $27K
0%
Cost to raise $1
Fundraising expense (3-yr avg) $0 · Solicited contributions (3-yr avg) $98K
Solicited contributions below reporting floor
Where the money comes from
Contribution dependence
Contributions & grants $53K · Total revenue $54K
99%
Government reliance
Government grants — · Total revenue $54K
Earned-income share
Program service revenue $0 · Total revenue $54K
0%
Investment reliance
Investment income $616 · Total revenue $54K
+1%
Program self-sufficiency
Program service revenue $0 · Total expenses $27K
0%
Growth & trend
Revenue growth (YoY)
This year $54K · Prior year $113K
-52%
Net-asset trend (YoY)
End of year $43K · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $54K · Expenses $27K
+49%
Liabilities-to-Assets
Total liabilities — · Total assets $43K
Net-asset ratio
Net assets $43K · Total assets $43K
100%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) — · Other securities (Pt X, ln 12) — · Total assets (Pt X, ln 16) $43K
Excludes program-related investments (Pt X, ln 13)
People & payroll
Highest Reported Total Compensation
Individual Melissa James · Reported title Director · Highest reported compensation $0 · Total expenses $27K
0%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) — · Total expenses $27K
Peer comparison

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

MetricThis orgPeer medianPercentile
Program ratio 91%
Overhead ratio 9%
Fundraising cost ratio 0%
Revenue growth -52%

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 2 funders$8K
Grants paid · 16 grants · $418K · 2020–2025
Unitemized GrantFY2025$37,000
Unitemized GrantFY2025$14,349
Unitemized GrantFY2025$8,162
Unitemized GrantFY2024$12,100
Unitemized GrantFY2024$6,017
Unitemized GrantFY2024$1,300
Unitemized GrantFY2023$13,606
Unitemized GrantFY2023$8,000
Unitemized GrantFY2023$3,230
Unitemized GrantFY2022$80,300
Unitemized GrantFY2022$12,845
Unitemized GrantFY2022$10,000
Unitemized GrantFY2021$103,080
Unitemized GrantFY2021$8,401
Unitemized GrantFY2020$80,776
Unitemized GrantFY2020$18,779

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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)$267K revenue · ⤓ 990 PDF
FY2024$68K revenue · ⤓ 990 PDF
FY2023$54K revenue · viewing · ⤓ 990 PDF
FY2022$113K revenue · ⤓ 990 PDF
FY2021$127K revenue · ⤓ 990 PDF
FY2020$99K revenue · ⤓ 990 PDF

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Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2023IRS
Classification, formation year, addressIRS Business Master File
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