JOHN VOLKEN FOUNDATION

Address
6911 KING GEORGE BLVD
SURREY, B.C. V3W 5A1
CA
Contact
Nonprofit
NTEE: T22 - Private Independent Foundations
EIN: 91-2061670

Mission

SEE SCHEDULE O.
 201620152014
Basic features of the organization
Year of formation2001
Subsection501(c)(3)
Organization typeCorporation
Human resources, including compensation
Summary compensation info
Total compensation of current key personnel$0.00$0.00$0.00
Number of employees000
Number of people compensated >$100k000
Number of volunteers  3
Number of highly compensated contractors000
Personnel
Conger, Terri
TitleDirectorDirectorDirector
Name of key/compensated personTERRI CONGERTERRI CONGERTERRI CONGER
Average hours per week working for org4.004.004.00
Reportable compensation from org$0.00$0.00$0.00
Other comp, non-reportable, from org and related orgs$0.00$0.00$0.00
PositionIndividual trustee or directorIndividual trustee or directorIndividual trustee or director
Corresponding comp from related orgs
Reportable compensation from related orgs $0.00$0.00$0.00
Average hours per week working for related orgs0.000.000.00
Gudbranson, Greg
TitleDirectorDirectorDirector
Name of key/compensated personGREG GUDBRANSONGREG GUDBRANSONGREG GUDBRANSON
Average hours per week working for org4.004.004.00
Reportable compensation from org$0.00$0.00$0.00
Other comp, non-reportable, from org and related orgs$0.00$0.00$0.00
PositionIndividual trustee or directorIndividual trustee or directorIndividual trustee or director
Corresponding comp from related orgs
Reportable compensation from related orgs $0.00$0.00$0.00
Average hours per week working for related orgs0.000.000.00
Koonar, Bil
TitleVice Pres/SECREVice Pres/SECREVice Pres/SECRE
Name of key/compensated personBIL KOONARBIL KOONARBIL KOONAR
Average hours per week working for org4.004.004.00
Reportable compensation from org$0.00$0.00$0.00
Other comp, non-reportable, from org and related orgs$0.00$0.00$0.00
PositionIndividual trustee or director, OfficerIndividual trustee or director, OfficerIndividual trustee or director, Officer
Corresponding comp from related orgs
Reportable compensation from related orgs $0.00$0.00$0.00
Average hours per week working for related orgs0.000.000.00
Volken, John
TitlePresident/TREASPresident/TREASPresident/TREAS
Name of key/compensated personJOHN VOLKENJOHN VOLKENJOHN VOLKEN
Average hours per week working for org4.004.004.00
Reportable compensation from org$0.00$0.00$0.00
Other comp, non-reportable, from org and related orgs$0.00$0.00$0.00
PositionIndividual trustee or director, OfficerIndividual trustee or director, OfficerIndividual trustee or director, Officer
Corresponding comp from related orgs
Reportable compensation from related orgs $0.00$0.00$0.00
Average hours per week working for related orgs0.000.000.00
Purpose: mission, activities & accomplishments
Mission or significant activitiesSEE SCHEDULE O.SEE SCHEDULE O.SEE SCHEDULE O.
Program expenses (total)$175,000.00 $276,193.00
Programs, including revenue & expenses
TO CARRY OUT THE PURPOSES OF THE JOHN VOLKEN ACADEMY. JOHN VOLKEN ACADEMY HAS TAKEN IN A NUMBER OF STUDENTS OVER THE LAST YEARS FOR LIFE SKILLS AND VOCATIONAL TRAINING. THE JOHN VOLKEN ACADEMY PROVIDES HOUSING, FOOD, AND TRAINS THE STUDENTS FOR NO FEE.
Program expenses$175,000.00 $276,193.00
Program descriptionTO CARRY OUT THE PURPOSES OF THE JOHN VOLKEN ACADEMY. JOHN VOLKEN ACADEMY HAS TAKEN IN A NUMBER OF STUDENTS OVER THE LAST YEARS FOR LIFE SKILLS AND VOCATIONAL TRAINING. THE JOHN VOLKEN ACADEMY PROVIDES HOUSING, FOOD, AND TRAINS THE STUDENTS FOR NO FEE.TO CARRY OUT THE PURPOSES OF THE JOHN VOLKEN ACADEMY. JOHN VOLKEN ACADEMY HAS TAKEN IN A NUMBER OF STUDENTS OVER THE LAST YEARS FOR LIFE SKILLS AND VOCATIONAL TRAINING. THE JOHN VOLKEN ACADEMY PROVIDES HOUSING, FOOD, AND TRAINS THE STUDENTS FOR NO FEE.TO CARRY OUT THE PURPOSES OF THE JOHN VOLKEN ACADEMY. JOHN VOLKEN ACADEMY HAS TAKEN IN A NUMBER OF STUDENTS OVER THE LAST YEARS FOR LIFE SKILLS AND VOCATIONAL TRAINING. THE JOHN VOLKEN ACADEMY PROVIDES HOUSING, FOOD, AND TRAINS THE STUDENTS FOR NO FEE.
Financial data
Expense categories (totals)
Sum (total functional expenses)$206,117.00$54,926.00$297,283.00
Program services (total functional expenses)$175,000.00$0.00$276,193.00
Management & general (total functional expenses)$31,117.00$54,926.00$21,090.00
Fundraising (total functional expenses)$0.00$0.00$0.00
Revenue
Total revenue$845,382.00$635,206.00$266,204.00
Program service revenue (total)$0.00$0.00$0.00
Revenue from contributions (total)$210,600.00$55,521.00$11,082.00
Investment income$216,921.00$325,179.00$240,331.00
Total unrelated business revenue$0.00$0.00$0.00
Other revenue, current yr$417,861.00$254,506.00$14,791.00
Total revenue from grants, etc., current yr$210,600.00$55,521.00$11,082.00
Gross receipts$4,142,060.00$3,490,951.00$1,239,848.00
Sources of contributions
Revenue from all other contributions$210,600.00$55,521.00$11,082.00
Other types of revenue
Royalties (total)$0.00$0.00$0.00
Miscellaneous revenue (total)$0.00$0.00$0.00
Net revenue from gaming (total)$0.00$0.00$0.00
Income from dividends, interest, and similar investments$253,305.00$333,022.00$241,804.00
Net rental income$417,861.00$254,506.00$14,791.00
Net income from fundraising events$0.00$0.00$0.00
Net inventory sales (total)$0.00$0.00$0.00
Fees for services
Lobbying fees (total)$0.00$0.00$0.00
Legal fees (total)$0.00$0.00$0.00
Fundraising service fees (total)$0.00$0.00$0.00
General management fees (total)$0.00$0.00$0.00
Investment management fees (total)$0.00$0.00$0.00
Accounting service fees (total)$0.00$0.00$0.00
Assets and liabilities
Total assets$38,429,036.00$37,497,804.00$37,024,864.00
Total assets, beginning of year$37,497,804.00$37,024,864.00$32,088,243.00
Total liabilities$19,096,147.00$18,804,180.00$18,911,520.00
Total liabilities, beginning of year$18,804,180.00$18,911,520.00$13,921,553.00
Pledges & accounts receivable, net$0.00$0.00$0.00
Loans & receivables from key persons$0.00$0.00$0.00
Temporarily restricted net assets$29,457,615.00$25,507,645.00$24,783,305.00
Net assets$19,332,889.00$18,693,624.00$18,113,344.00
Net assets, beginning of year$18,693,624.00$18,113,344.00$18,166,690.00
Other liabilities$18,804,180.00$18,804,180.00$18,901,520.00
Intangible assets$0.00$0.00$0.00
Other assets$5,891,675.00$5,891,928.00$5,752,398.00
Investments: other securities$0.00$0.00$0.00
Investments: publicly traded securities$0.00$2,693,054.00$2,985,968.00
Cash: non-interest bearing$458,750.00$605,313.00$703,311.00
Cash: non-interest bearing, beginning of year$605,313.00$703,311.00$1,999,068.00
Investments: program-related$0.00$0.00$0.00
Inventories for sale or use$0.00$0.00$0.00
Other financial variables
Revenue less expenses$639,265.00$580,280.00-$31,079.00
Advertising (total)$0.00$0.00$0.00
Savings & temp cash investment$0.00$0.00$0.00
Accounts receivable, net$19,076.00$0.00$0.00
Prepaid expenses & deferred charges$0.00$0.00$0.00
Accounts payable & accrued expenses$291,967.00 $10,000.00
Total net assets or fund balances$19,332,889.00$18,693,624.00$18,113,344.00
Depreciation, depletion, amortization$0.00$0.00$0.00
Payment to affiliates$0.00$0.00$0.00
Governance and accountability
Number of voting members444
Number of independent voting members224
Relationships among key personnelTrueTrueTrue
Tax year start date2016-01-012015-01-012014-01-01
Tax year end date2016-12-312015-12-312014-12-31
Accounting methodAccrualAccrualAccrual
Indicators for schedules (selected)
Grants to domestic org/gov't >$5kTrue True
Metadata about the filing
E-return type990990990
Date e-filing submitted2017-10-132016-12-292015-07-10
IRS schema version2016v3.02015v2.02014v5.0
Filing identifier201702419349301155201602329349300230201531679349300538
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