JLF COLORADO dba JLF BOULDER

EIN: 472730066 501(c)(3) Arts, Culture & Humanities

Boulder, CO

Total Revenue
$253,277
Total Expenses
$310,055
Total Assets
$91,381
Net Assets
$88,321
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2021
Phone
3038171998
Tax Period
2024-01-01 to 2024-12-31

JLF COLORADO dba JLF BOULDER, founded in 2021, is a small nonprofit in the Arts, Culture & Humanities sector that reported $253K in total revenue in fiscal year 2024. Revenue decreased 19% compared to the prior year. Expenses of $310K exceeded revenue, resulting in a 22% operating deficit.

Mission

To cultivate culturally diverse literary, visual, and performing arts programming; to provide platforms for inter-cultural conversations; and to disseminate knowledge from diverse cultural perspectives. The Organization is dedicated to multiculturalism and diversity in its programming and strives to build societal equity through providing free access to arts programming and free outreach workshops exploring arts and culture in under-served and marginalized communities.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $253,274
Program Service Revenue $0
Investment Income $3
Other Revenue $0
TOTAL REVENUE $253,277

Expense Breakdown

Grants Paid $0
Salaries & Benefits $32,399
Fundraising Expenses $4,174
Program Expenses $297,477
Other Expenses $277,656
TOTAL EXPENSES $310,055

Year-over-Year Comparison

2024 2023 Change
Revenue $253,277 $311,998 -0.2%
Expenses $310,055 $296,149 +0.0%
Net Income $-56,778 $15,849 -4.6%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Liquidity & Cash Position

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Governance

Voting Members
4
Independent Members
4
Employees
1
Volunteers
N/A

Governance Policies

Conflict of Interest Policy
Whistleblower Policy
Document Retention Policy

Special Practices & Reported Activities

Operated a School
Operated a Hospital
Provided First Class Travel
Reported Conflict of Interest
Reported Asset Diversion
Excess Benefit Transaction
Made Political Expenditures
Engaged in Lobbying
Operated Donor Advised Fund
Maintained Art Collections
Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
5
$28,296
Total Directors
10
$28,296
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Jessie Friedman Executive Dir. 20.00
Officer Director
$28,296 $0 $28,296
Jules Levinson Sec'ty - Treas 5.00
Officer Director
$0 $0 $0
Maruta Kalnins President 5.00
Officer Director
$0 $0 $0
Sanjoy K Roy Director 5.00
Director
$0 $0 $0
Katharine Teter President 5.00
Officer Director
$0 $0 $0
Sujata Subramanian Director 3.00
Director
$0 $0 $0
Ami Dayan Director 3.00
Director
$0 $0 $0
Rick Simonson Director 3.00
Director
$0 $0 $0
Boli Medappa Director 3.00
Director
$0 $0 $0
Suraj Dhingra Director 3.00
Director
$0 $0 $0
Michael Carter Temp.Exec. Dir. 20.00
Officer
$0 $0 $0
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2024 $253,277 $310,055 $91,381 $-56,778
2024 $227,467 $310,055 $65,571 $-82,588
2023 $311,998 $296,149 $155,499 $15,849
2022 $298,715 $251,899 $140,850 $46,816
2019 $385,511 $331,990 $143,590 $53,521
2018 $423,158 $405,592 $50,573 $17,566
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