The Julia Foundation

Nonprofit profile at a glance

EIN
204110310
IRS 990-EZ coverage
2019–2023
Forms available
Form 990-EZ 2023, Form 990-N 2018
Location
Highwood, IL, USA
Phone
3123723311
Rating
57
Verdict
MIXED
Rating confidence
Moderate
Sector
Arts Council/Agency

Official website

Reported finances

Revenue
$850
Expenses
$21,362
Assets
$0

Source: IRS Form 990-EZ. Selected filing: tax year 2023. Amounts in USD.

Leadership & pay

6 people listed

Executive titles in this filing

  • JOEL N GOLDBLATT (President)

People named in this filing

  • JOEL N GOLDBLATT (President)
  • JESS MERTEN (Director)
  • PAUL PETRICCA (Director)

Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.

Source: IRS Form 990-EZ. Selected filing: tax year 2023. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

The mission of the julia foundation is to provide assistance to those in need while creating awareness of the power of art to heal and inspire. We achieve this mission by bringing art training to disadvantaged people and those suffering from domestic abuse; provide opportunities for aspiring artists; placing art in public spaces to beautify, preserve, and protect open spaces and enhance the environment for generations to come; and funding programs related to this mission.

What it reported doing in 2023

Create a statue of former governor thompson to display at the statehouse in public space.

Operating model

Revenue model
Cannot be determined from the filing. The filing does not provide enough consistent revenue detail to tell how this nonprofit funds its work.
Distribution model
Cannot be determined from the filing. The filing does not provide enough consistent spending detail to tell whether the nonprofit works directly or through others.

The verdict

MIXED - The filed numbers largely add up. A relatively small share of total spending goes to programs and some filed totals do not add up.

Rating breakdown

  • Financial Efficiency: 47
  • Transparency & Controls: 82
  • Sustainability: 8
  • Growth: 0

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 73.6%; rating input score 74
  • Program expense ratio: 2.9%; rating input score 3

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 51st percentile among comparable filings
  • Major donor itemization: Limited

Sustainability

  • Operating margin: -2,413.2%; rating input score 1; 1st percentile among comparable filings
  • Total-asset coverage ratio: 0; rating input score 2; 2nd percentile among comparable filings
  • Liabilities to assets ratio: Limited
  • Officer compensation ratio: 0%; rating input score 56; 56th percentile among comparable filings

Growth

  • Program expense growth: -63.7% per year; rating input score 0; 6th percentile among comparable filings
  • Revenue growth: -63.1% per year; rating input score 0; 5th percentile among comparable filings
  • Asset growth: -23.1% per year; rating input score 0; 9th percentile among comparable filings

Details

  • Where the money goes: 73.6% of revenue deployed · 2.9% of spending went to programs
  • Governance: Filed governance answers
  • Accomplishments: 2 filed program accomplishments · $626 in reported program spending
  • Leadership: top reported pay $0 · 6 people listed
  • Consistency: 5 of 6 current checks pass · 1 finding to review
  • Schedules: 3 filed schedules
  • Filing history: 5 filing years from 2019 to 2023
  • Contacts: How to reach this organization
  • Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
  • People: Everyone the filings name, and which of them the filings identify by more than a name.

Key Signals

Signals prioritize questions for review. They are not findings of misconduct.

  • High — Financial Efficiency: Program expense ratio scored 3/100.
  • Moderate — Transparency & Controls: Part III transfer expenses within program total did not reconcile in the filed values.
  • High — Sustainability: Operating margin scored 1/100.
  • High — Growth: Program expense growth scored 0/100.
  • High — Growth: Revenue growth scored 0/100.
  • High — Sustainability: Total-asset coverage ratio scored 2/100.
  • High — Growth: Asset growth scored 0/100.
  • Review — Sustainability: Officer compensation ratio scored 56/100.