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Jakt Foundation

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

EIN: 815319087 ✦ Newman lake, WA ✦ Designated as a 501(c)(3)

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Overview

What is Jakt Foundation?

The Jakt Foundation, situated in Newman Lake, Washington, is a nonprofit organization renowned for hosting educational and charitable events centered around food, wine, beer, and music. With a strong commitment to fostering cultural appreciation, the foundation encourages socializing and the enjoyment of various culinary delights while promoting a sense of community. Their mission involves serving as a catalyst to establish collaborations that benefit the local community, with a team of dedicated individuals, totaling one, working towards these objectives.


Official website here: www.jaktfoundation.org

Is Jakt Foundation legitimate?

Jakt Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Jakt 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $37,839

For more financial information, click here


Official website here: www.jaktfoundation.org

What is the mission statement of Jakt Foundation?

The Jakt Foundation's mission is to serve as a catalyst, fostering collaborations for the betterment of the community. They achieve this by promoting cultural appreciation through educational and charitable events centered around food, spirits, and music, encouraging socializing and the appreciation of various cultures. Guests are treated to fine cuisine as part of these events, which are held throughout Washington State.


Official website here: www.jaktfoundation.org

Who is the CEO of Jakt Foundation?

Adam Hegsted is the President of Jakt Foundation.


Official website here: www.jaktfoundation.org

What is the revenue of Jakt Foundation?

Jakt Foundation's revenue in 2022 was $260,033.


Official website here: www.jaktfoundation.org

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

The average compensation at Jakt Foundation during 2022 was $37,839. There is 1 employee and 1 volunteer at Jakt Foundation.


Here are 4 key members and their salaries:


Adam Hegsted (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jennifer Hegsted (Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Thomas W Stebbins (Vice President/Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Karen L Stebbins (Vice President/Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.jaktfoundation.org

Where can I find the form 990 for Jakt Foundation?

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


Official website here: www.jaktfoundation.org

Learn more at the official website: www.jaktfoundation.org

Mission Statement of Jakt Foundation

The Jakt Foundation, with a mission to promote cultural appreciation, focuses on food, spirits, and music. Acting as a catalyst, the organization seeks to foster collaborations for the betterment of the community. Through educational and charitable events, the Jakt Foundation encourages socializing and the appreciation of various cultures. Guests are treated to fine cuisine, wine, and beer, as the foundation strives to create an environment where food and culture can be celebrated together.

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Impact




October, 2024

Jakt Foundation significantly enhances cultural appreciation in Washington State through its engaging events that center on food, spirits, and music. By organizing educational and charitable activities, it promotes not only the enjoyment of fine cuisine but also fosters social connections among attendees.

The Foundation acts as a catalyst for community betterment, creating collaborations that enrich local cultures. Through these events, Jakt Foundation showcases the diversity and richness of culinary arts while encouraging an understanding and appreciation of the cultural narratives behind the food and music. This approach not only brings people together but also supports local artisans and producers, impacting both the cultural landscape and the economy of the region positively.




This information is meant to be a general summary of Jakt 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
$260,033 (2022)
Expenses
$253,530 (2022)
Efficiency

Other financial information:

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

  • Program Service Revenue: $141,060
  • Gross Receipts: $260,033

Assets and Liabilities:

  • Total Assets: $50,044
  • Total Liabilities: $3,422
  • Net Assets: $46,622

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

CRAVE TICKET SALES

Revenue

$104,035

FARMERS' MARKET

Revenue

$14,143

SPOKANE FRESH HOPS FES

Revenue

$12,652

OTHER EVENTS

Revenue

$10,230

Organization Details

Founding Year

2017

Principal Officer

Adam Hegsted

Main Address

PO BOX 85, NEWMAN LAKE, WA, 99025

NTEE Category

Code: T50 - Philanthropy

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