Project Joy Foundation FY2022 filing

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EIN 83-1968405 Public charity (501(c)(3)) Chandler, AZ NTEE E60
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Revenue & expenses by yearFY2020–FY2025
Revenue
$1K
FY2022▼ -92%

Form 990 for the fiscal year ending June 2022 (IRS tax year 2021).


Provides medical equipment and training to Philippine hospitals and builds homes for homeless families. For fiscal year 2022 it reported $1K in revenue and $48K in net assets.Pt I

Type
Public charity (501(c)(3)) · Health Care
Location
Chandler, AZ
Filings
6 on file (2020–2022)
Revenue
$1KFY2022
Net assets
$48K
People
2
You’re viewing the FY2022 filing — not the latest on file. See the latest (FY2025) →
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Provided by the organization

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Size
<$100K
What they do
Provides medical equipment and training to Philippine hospitals and builds homes for homeless families.
Leadership
Money in and out
$1K revenue
Bottom line
1715.6mo operating runway

What Funders Ask

6 questions, answered from this org's own filings

Will my donation be tax-deductible?

GOOD

Yes — A charitable, religious, educational, scientific, or literary organization. Contributions are generally tax-deductible for donors.

IRS Business Master File records this organization as tax-exempt with deductible contributions. See detail →

Can I donate to this org right now?

GOOD

No revocation on IRS record

This EIN does not appear on the IRS auto-revocation list. See detail →

Is this organization up to date?

GOOD

Filed FY2024 (typical filing lag)

Most recent Form 990 on file is for fiscal year 2024 (2 years ago). See detail →

Is it receiving grants from reputable foundations?

GOOD

1 funder — Amazonsmile Foundation

1 distinct foundation funder(s) on file, $134 received in the most recent year with grants. See detail →

How is the money spent?

NEUTRAL

Not on file

Program vs. overhead split is not on file for this EIN's most recent filing. See detail →

What's its financial size and trend?

NEUTRAL

<$100K · ↓ -92% vs prior year

Revenue band <$100K, -92% versus the prior filing year (down). See detail →

Where the money goes · FY2022
Total revenue
$1K
Pt VIII · Ln 12
Total expenses
—
Pt IX · Ln 25
Net assets
$48K
Pt X · Ln 32
Operating runway
1715.6mo
months of highly liquid reserves at operating expense rate
Surplus margin
+72%
revenue over expenses, this year
Donor-funded
100%
of revenue is gifts & grants

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Summary of the Filing

Part I · fiscal year 2022 · Form 990-EZ
Revenue less expensesPt I · Ln 19—
Total assetsPt X · Ln 16—
Program-expense ratioPt IX · col B—
Voting members of governing bodyPt I · Ln 3pending
Independent voting membersPt I · Ln 4pending

Identity & Classification

Form 990 Header · IRS Business Master File
Legal name (IRS)Hdr · item CProject Joy Foundation
EINHdr · item D83-1968405
Principal addressHdr · item CChandler, AZ
WebsiteHdr · item Jnone reported
Year of formationHdr · item Lpending
State of legal domicileHdr · item MAZ
Exempt statusHdr · item I501(c)(3) · active
NTEE classificationIRS BMFHealth Care (E60)
Ruling yearIRS BMFOct 2019

Governance & Policies

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

Officers, Directors & Key Employees

Part VII, Section A · reportable compensation · most recent filed roster (FY2021); the FY2022 filing did not itemize Part VII
$0Pt VII · Sec A
$0Pt VII · Sec A
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Mission & Programs · Part III

Where the work happens

2 program services account for $144K of program spending, described in the organization's own filed words · FY2019.
01

Build homes for homeless families in the philippines.

$100Kprogram expense
02

To adopt underpriviledged hospitals in the philippines by providing MEDICAL/SURGICAL equipment and collaborating with local medical professionals to help the hospitals become leading medical centers that will positively impact the communities.

$44Kprogram expense

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Statement of Revenue

Part VIII
Other revenue100%$1K
Total revenueLn 12$1K

Balance Sheet

Part X · end of year
CashLn 1—
Total assetsLn 16—
Total liabilitiesLn 26$136
Total net assetsLn 32$48K

Financial Metrics

Form 990 · FY2022 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $49K · Operating expenses/yr $340
1715.6 months
Where the money goes
Program services
not reported
Management & General
not reported
Fundraising
not reported
Cost to raise $1
not reported
Where the money comes from
Contribution dependence
Contributions & grants $1K · Total revenue $1K
100%
Government reliance
not reported
Earned-income share
Program service revenue — · Total revenue $1K
—
Investment reliance
Investment income — · Total revenue $1K
—
Program self-sufficiency
Program service revenue — · Total expenses $340
Rests on the self-reported EZ program figure
Growth & trend
Revenue growth (YoY)
This year $1K · Prior year $14K
Prior-year revenue below floor — showing dollar change
Net-asset trend (YoY)
End of year $48K · Beginning of year $48K
+2%
Balance sheet
Surplus Margin
Revenue $1K · Expenses $340
+72%
Liabilities-to-Assets
Total liabilities $136 · Total assets $49K
0.3%
Net-asset ratio
Net assets $48K · Total assets $49K
100%
People & payroll
Highest Reported Total Compensation
Individual Joseph David Vijungco · Reported title DIRECTOR · Highest reported compensation $0 · Total expenses $340
0%
Personnel share
Salaries & benefits — · Total expenses $340
Form 990-EZ bundles compensation — not comparable to full-990 filers
Peer comparison

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

MetricThis orgPeer medianPercentile
Revenue growth -92%——

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 · funders on record
Grants received · FY2023
Total grants receivedfrom 1 funder$134

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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)$1K revenue · ⤓ 990 PDF
FY2024$3K revenue · ⤓ 990 PDF
FY2023$4K revenue · ⤓ 990 PDF
FY2022$1K revenue · viewing · ⤓ 990 PDF
FY2021$14K revenue · ⤓ 990 PDF
FY2020$224K revenue · ⤓ 990 PDF

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Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2022IRS
Classification, formation year, addressIRS Business Master File
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