David Jones, Jr. Assisted Living Center, Inc.
Fiscal Year
Fiscal Year Start
01/01/2023
Fiscal Year End
12/31/2023
Projected Revenue
$1,721,870.00
Projected Expenses
$1,721,870.00
Organizational Budgets and Other Documents
| Projected Budget | 2023 |
| Budget | 2022 |
| 2022 Budget | 2022 |
| 2021 Proposed Budget(Revised) | 2021 |
| Profit and Loss 1/2021 - 6/2021 | 2021 |
IRS Letter of Exemption
| IRS Letter of Determination | 2005 |
Detailed Financials
Revenue and Expenses
| Fiscal Year | 2022 | 2021 | 2020 |
|---|---|---|---|
| Total Revenue | $1,603,255.00 | $1,350,924.00 | $1,253,177.00 |
| Total Expenses | $1,556,821.00 | $1,264,313.00 | $1,205,944.00 |
| Revenue Less Expenses | $46,434.00 | $86,611.00 | $47,233.00 |
Revenue Sources
| Fiscal Year | 2022 | 2021 | 2020 |
|---|---|---|---|
| Foundation and Corporation Contributions | $0.00 | $0.00 | $0.00 |
| Government - Federal | $0.00 | $0.00 | $0.00 |
| Government - State | $0.00 | $0.00 | $0.00 |
| Government - Local | $0.00 | $0.00 | $0.00 |
| Government - Unspecified | $738,233.00 | $185,000.00 | $0.00 |
| Contributions, Gifts, and Grants | $0.00 | $396,907.00 | $451,944.00 |
| Indirect Public Support | $0.00 | $0.00 | $0.00 |
| Earned Revenue | $837,373.00 | $684,521.00 | $757,092.00 |
| Investment Income, Net of Losses | $-28,663.00 | $18,423.00 | $14,920.00 |
| Membership Dues | $0.00 | $0.00 | $0.00 |
| Special Events | $0.00 | $422.00 | $176.00 |
| Revenue In-Kind | $0.00 | $0.00 | $0.00 |
| Other | $0.00 | $65,651.00 | $29,045.00 |
Expense Allocation
| Fiscal Year | 2022 | 2021 | 2020 |
|---|---|---|---|
| Program Expense | $1,419,525.00 | $1,136,995.00 | $1,080,160.00 |
| Administration Expense | $137,296.00 | $127,318.00 | $125,784.00 |
| Fundraising Expense | $0.00 | $0.00 | $0.00 |
| Total Revenue/Total Expenses | 103% | 107% | 104% |
| Program Expense/Total Expenses | 91% | 90% | 90% |
| Fundraising Expense/Contributed Revenue | 0% | 0% | 0% |
Top Funding Sources
| Fiscal Year | 2022 | 2021 | 2020 |
|---|---|---|---|
| Top Funding Source & Dollar Amount | Program Revenue $837,373.00 | Program Revenue $684,521.00 | Program Revenue $757,092.00 |
| Second Highest Funding Source & Dollar Amount | Government Grants $738,233.00 | Contributions, Gifts, Grants $396,907.00 | Contributions, Gifts and Grants $451,944.00 |
| Third Highest Funding Source & Dollar Amount | $0.00 | Government Grants $185,000.00 | Other Revenue $29,045.00 |
Assets and Liabilities
| Fiscal Year | 2022 | 2021 | 2020 |
|---|---|---|---|
| Total Assets | $420,000.00 | $352,253.00 | $274,310.00 |
| Current Assets | $156,002.00 | $106,613.00 | $63,633.00 |
| Long-Term Liabilities | $0.00 | $0.00 | $0.00 |
| Current Liabilities | $28,879.00 | $7,564.00 | $16,233.00 |
| Total Net Assets | $391,121.00 | $344,689.00 | $258,077.00 |
Endowment Info
Do you have an endowment?
Yes
What is the value of the endowment?
$249,309.59
What is the spending policy for your endowment?
Income plus capital appreciation
Capital Campaign Info
Are you currently in a Capital Campaign?
No
Solicitation Permit Info
State Charitable Solicitations Permit
Yes
Permit Expiration Month
June
Permit Expiration Year
2024
Solicitations Permit
Form 990s
| Tax Return | 2022 |
| Form 990(1) | 2021 |
| Form 990(2) | 2021 |
| Form 990(1) | 2020 |
| Form 990(2) | 2020 |
| Form 990 | 2019 |
| Form 990 | 2018 |
| 2017 Form 990 Part 1 | 2017 |
| 2017 Form 990 Part 2 | 2017 |
Audit Documents
| Final Audit Report | 2022 |
| Audited Financial Statement | 2021 |
| Independent Auditors Report-Pt 1(2019-2020) | 2020 |
| Independent Auditors Report-Pt 2 (2019-2020) | 2020 |
| Audited Financials | 2019 |
Foundation Staff Comments
| Financial figures taken from the Form 990. Form 990 was prepared by SPD CPAs. Schedule B removed to protect donor privacy. Comments provided by Hayley Sulfridge 9/27/23. |
