The Jester & Pharley Phund

EIN: 954785834 501(c)(3) Human Services

Palos Verdes Estates, CA

Total Revenue
$217,916
Total Expenses
$233,680
Total Assets
$550,586
Net Assets
$543,677
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2000
Legal Domicile
CA
Principal Officer
Barbara Saltzman
Phone
3105444733
Tax Period
2023-10-01 to 2024-09-30

The Jester & Pharley Phund, founded in 2000, is a small nonprofit in the Human Services sector that reported $218K in total revenue in fiscal year 2023. Revenue surged 30% from the prior year, signaling strong growth momentum. Net assets of $544K represent 30 months of operating reserves.

Mission

The Jester & Pharley Phund is dedicated to engaging underserved and ill children through the joys of reading and laughter, empowering them with greater self-efficacy, resilience, compassion and hope for the future. Our programs are centered on the award-winning childrens book The Jester Has Lost His Jingle, written and illustrated by David Saltzman who died at 22 from cancer. His story, now in its 30th year of publication, inspires children to live up to The Jester & Pharleys motto: Its up to us to make a difference. Its up to us to care.

Program Service Accomplishments

Program 1
Expenses: $64,860 Revenue: $0

Our medical program - Smiles For Kids With Cancer - brings educational and emotional support to hospitalized children while providing health-care professionals with powerful tools to raise the...

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Our medical program - Smiles For Kids With Cancer - brings educational and emotional support to hospitalized children while providing health-care professionals with powerful tools to raise the spirits of ill children and their families with the original English Jester or our bilingual English/Spanish edition. To date, 76,957 Jester books have been donated to over 440 hospitals and medical-support organizations, including 7,040 books during this fiscal year. Support comes from foundations, businesses, civic groups and individuals. Jester books are distributed on an ongoing basis according to each hospitals needs. Expenses include the printing and personalizing of each bookplate acknowledging the donor(s) of each gift book and Jester & Pharley Doll as well as the cost of goods, communication, storage, packaging and shipping. Hospitals, cancer-support centers and recipient families have particularly appreciated the donation of Jester books in 2023-24 because The Jesters emotional support helps children cope with post-covid depression and sadness. Thank you for giving critically ill children and their families strength and hope for happier, healthier days, reported the Washington, D.C., Ronald McDonald House guest services manager.

Program 2
Expenses: $154,468 Revenue: $0

Our literacy programs increase elementary students interest in reading - opening the door to academic success. Motivating assemblies inspire students to join a Jester Read-A-Thon that generates the...

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Our literacy programs increase elementary students interest in reading - opening the door to academic success. Motivating assemblies inspire students to join a Jester Read-A-Thon that generates the donation of The Jester Has Lost His Jingle books and Jester & Pharley Dolls to local hospitalized children. In the process, students get hooked on reading - raising grade-level reading, test scores, fluency and comprehension while developing growing empathy for others. During the last 23 years, students have read over 55 million pages to help ill children benefit from The Jesters messages of self-empowerment, perseverance and humor. Expenses include the printing and personalizing of each bookplate acknowledging the donor(s) of each gift book and doll as well as the cost of project development, assemblies, communication, goods, storage, packaging, transportation and shipping. A. Reading Makes A Difference (RMD) We bring this sponsor-supported program celebrating literacy to low-income schools. The program helps further educational equity among disenfranchised students coping with poverty, social isolation and learning loss. The school receives three Jester & Pharley Phund educator-developed Jester enrichment manuals for each classroom that complement state standards plus a copy of the hardcover bilingual English/Spanish Jester. A meaningful PowerPoint presentation with motivating assemblies expands student interest in reading, furthering academic achievement and compassion. Support comes from foundations, businesses, civic groups and individuals. A 12th grade college applicant who participated in our program as an elementary student, said that Reading can change your life in many ways. I always want to comfort people who are ill to help them out. This program inspired me. Educators have asked us to expand our focus on social emotional learning so that students and families can benefit even more from the late authors central messages of hope, resilience, perseverance, humor and optimism during this unsettling time. In fiscal year 2023-24, the 14 underserved schools enthusiastically participating in our RMD program read 1,034,274 pages, resulting in 490 Jester books and 340 Jester & Pharley Dolls donated to hospitals in their communities. B. Reading To Give (RTG) Students from middle-income elementary schools, inspired by The Jester, create a Jester Read-A-Thon to raise funds among family and friends to donate Jester books and Jester & Pharley Dolls to local pediatric patients. While the RTG program didnt take place in fiscal 2023-24, we anticipate schools joining this project again soon. Said one former participant about the impact of The Jester: Its one of my personal favorites with a beautiful message of hope and joy. I hope that it helps more children find joy during these difficult days.

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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 (2023)

Revenue Breakdown

Contributions & Grants $231,668
Program Service Revenue $0
Investment Income $9,112
Other Revenue $-22,864
TOTAL REVENUE $217,916

Expense Breakdown

Grants Paid $0
Salaries & Benefits $164,596
Fundraising Expenses $0
Program Expenses $219,328
Other Expenses $69,084
TOTAL EXPENSES $233,680

Year-over-Year Comparison

2023 2022 Change
Revenue $217,916 $168,006 +0.3%
Expenses $233,680 $210,735 +0.1%
Net Income $-15,764 $-42,729 -0.6%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Governance

Voting Members
16
Independent Members
16
Employees
2
Volunteers
5

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
$0
Total Directors
16
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Barbara Saltzman President 20.00
Officer Director
$0 $0 $0
Allan Jones DDS Vice President 15.00
Officer Director
$0 $0 $0
Joe Saltzman Vice President 2.00
Officer Director
$0 $0 $0
Amy Forte Treasurer 2.00
Officer Director
$0 $0 $0
Liz Mitchell Secretary 2.00
Officer Director
$0 $0 $0
Ernie Arboles Board Member 1.00
Director
$0 $0 $0
Craig Fox Board Member 1.00
Director
$0 $0 $0
Mandaar Gokhale MD Board Member 1.00
Director
$0 $0 $0
Mauricio Heilbron Jr MD Board Member 1.00
Director
$0 $0 $0
Belma Johnson Board Member 1.00
Director
$0 $0 $0
Divya Joshi MD Board Member 1.00
Director
$0 $0 $0
Beth Kleid Board Member 1.00
Director
$0 $0 $0
Jennifer Saltzman Board Member 1.00
Director
$0 $0 $0
Michael Saltzman Board Member 1.00
Director
$0 $0 $0
Mark Wiedenmann Board Member 1.00
Director
$0 $0 $0
Deborah Zwelling Board Member 1.00
Director
$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
2025 No data No data No data No data
2024 $217,916 $233,680 $550,586 $-15,764
2023 $168,006 $210,735 $518,231 $-42,729
2022 $378,847 $226,342 $559,615 $152,505
2021 $265,194 $249,887 $432,316 $15,307
2020 $218,211 $265,045 $414,336 $-46,834
2019 $275,555 $252,782 $415,635 $22,773
2018 $333,951 $213,408 $391,763 $120,543
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