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Jexal Foundation

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 731372860 ✦ Velma, OK ✦ Designated as a 501(c)(3)

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Overview

What is Jexal Foundation?

The Jexal Foundation, located in Velma, Oklahoma, is a nonprofit organization that supports Campus Ministries and Prison Outreach programs. Their primary mission is to assist individuals in embracing positive traits, thereby enabling them to lead fulfilling lives and contribute as active and responsible citizens. The foundation achieves this objective by providing backing to Campus Ministries and Prison Outreach programs through the Wesley Foundation. Their work in Oklahoma State University's campus ministries and prison outreach initiatives aims to foster personal growth and transformation for the betterment of society. With a small team of two dedicated individuals, the Jexal Foundation remains committed to its mission.

Is Jexal Foundation legitimate?

Jexal Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Jexal Foundation submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.


Heare are some key statistics you may want to consider:

Executive Compensation: $123,487
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here

What is the mission statement of Jexal Foundation?

The Jexal Foundation's mission is centered around providing support to both campus ministries and prison outreach programs. This assistance is aimed at helping individuals embrace healthy traits, enabling them to lead active and responsible lives. The foundation achieves this goal through its partnership with the Wesley Foundation. Their primary focus is on personal development, with the aim of transforming individuals, whether they are students or inmates, for the betterment of their lives and the world at large.

Who is the CEO of Jexal Foundation?

Claudette Foster is the Secretary of Jexal Foundation.

What is the revenue of Jexal Foundation?

Jexal Foundation's revenue in 2022 was $1,623,044.

Who are the executives of Jexal Foundation and what are their salaries?

The average compensation at Jexal Foundation during 2022 was $61,744. There are 2 employees at Jexal Foundation.


Here are 5 key members and their salaries:


Claudette Foster (Secretary)
  • Compensation: $66,000
  • Related: $0
  • Other: $0
Dinah Leftwich (Vice President)
  • Compensation: $52,000
  • Related: $0
  • Other: $0
Michael Lorenz (Board Member)
  • Compensation: $2,000
  • Related: $0
  • Other: $0
Doug Valley (President)
  • Compensation: $2,000
  • Related: $0
  • Other: $0
Rex Largent (Treasurer)
  • Compensation: $2,000
  • Related: $0
  • Other: $0
Where can I find the form 990 for Jexal Foundation?

Jexal Foundation's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of Jexal Foundation

The Jexal Foundation is committed to providing support to campus ministries and prison outreach programs with the purpose of assisting individuals in embracing healthy traits that aid them in becoming or remaining active and responsible citizens. Through their partnership with the Wesley Foundation, the foundation aims to empower individuals by offering them the necessary tools to navigate life effectively. The Oklahoma State University campus ministry, operated by the Wesley Foundation in Stillwater, OK, is a key initiative of the Jexal Foundation. This ministry focuses on fostering discipleship for Jesus Christ, cultivating leaders who serve towards the kingdom of God, and transforming the lives of students with the goal of influencing positive change in the world.

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Impact




October, 2024

The Jexal Foundation significantly impacts communities through its support of campus ministries and prison outreach programs. By collaborating with the Wesley Foundation at Oklahoma State University, the foundation focuses on fostering healthy traits among individuals, empowering them to become active and responsible citizens. Through its initiatives, the Jexal Foundation creates an environment for personal transformation, helping students and individuals within the prison system embrace positive life changes. This commitment not only aids in spiritual growth but also equips participants with the leadership skills necessary to contribute meaningfully to society, thus facilitating broader community transformation.




This information is meant to be a general summary of Jexal Foundation. Please take the time to review official sources before making any decisions based upon the content provided here.


Financials

This financial information is from Propublica.

Revenue
$1,623,044 (2022)
Expenses
$273,208 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $1,292,848
  • Gross Receipts: $2,073,109

Assets and Liabilities:

  • Total Assets: $17,103,310
  • Total Liabilities: $191,166
  • Net Assets: $16,912,144

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Organization Details

Founding Year

1990

Principal Officer

Claudette Foster

Main Address

PO BOX 119, Velma, OK, 73491

NTEE Category

Code: T20Z - Philanthropy

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