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Triple J Foundation

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

EIN: 841920106 ✦ Oak park, IL ✦ Designated as a 501(c)(3)

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Overview

What is Triple J Foundation?

The Triple J Foundation is a nonprofit organization situated in Oak Park, Illinois. Their primary focus is on assisting underprivileged communities by offering complimentary services in financial planning, tax consultation, and filing, as well as education in finance, real estate, and college preparation. Despite a temporary halt in operations during 2020 due to the COVID-19 pandemic, the foundation's commitment to helping the less fortunate has not wavered.

Is Triple J Foundation legitimate?

Triple J Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Triple J Foundation submitted a form 990EZ, 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.

What is the mission statement of Triple J Foundation?

The Triple J Foundation is dedicated to serving underprivileged communities. Its primary focus is on offering financial planning, tax planning, and filing services, as well as providing educational resources related to finance, real estate, and college, all free of charge. Despite not providing services during 2020 due to the Covid-19 pandemic, the foundation's mission remains unwavering in its commitment to assisting those less fortunate. The organization's mission aims to empower and uplift individuals and families in need, providing them with the essential tools and knowledge to improve their financial situations.

Who is the CEO of Triple J Foundation?

Larry Townsend is the Treasurer of Triple J Foundation.

What is the revenue of Triple J Foundation?

Triple J Foundation's revenue in 2020 was $1,000.

Who are the executives of Triple J Foundation and what are their salaries?


Here are 3 key members and their salaries:


Tyesha Townsend (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jeremiah Johnson (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Larry Townsend (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990EZ for Triple J Foundation?

Triple J Foundation's most recent form 990EZ was submitted in 2020 and can be accessed here.

Mission Statement of Triple J Foundation

The Triple J Foundation is a charitable organization that primarily focuses its efforts on underprivileged communities. Its mission is centered around providing essential services without charging a fee. These services encompass financial planning, tax planning and filing, as well as education in finance, real estate, and college matters. Despite the challenging circumstances posed by the Covid-19 pandemic, the foundation's commitment to serving the less fortunate has remained unwavering, even if it temporarily halted its operations during 2020.

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Impact




October, 2024

The Triple J Foundation plays a crucial role in underprivileged communities, offering vital services that make a significant difference in people's lives. By providing free financial and tax planning assistance, as well as educational resources related to finance, real estate, and college preparedness, the foundation empowers individuals and families to improve their financial literacy and stability.

Despite the challenges posed by the Covid-19 pandemic in 2020, the foundation remains dedicated to its mission of serving the less fortunate. Through its initiatives, it helps to break the cycle of poverty by equipping individuals with the knowledge and tools necessary to make informed financial decisions. This support not only aids in personal financial growth but also contributes to the overall economic health of the community, addressing social issues such as crime by fostering financial security and opportunity. By focusing on education and access to essential financial services, the Triple J Foundation is making a lasting impact on the lives of those it serves in Oak Park, IL, and beyond.




This information is meant to be a general summary of Triple J 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
$1,000 (2020)
Expenses
$500 (2020)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2020.

  • Gross Receipts: $1,000

Assets and Liabilities:

  • Total Assets: $1,500
  • Total Liabilities: $0
  • Net Assets: $1,500

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Organization Details

Principal Officer

Larry Townsend

Main Address

901 LAKE ST UNIT 2356, OAK PARK, IL, 60301

NTEE Category

Code: I21 - Crime

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