2024-11-15T16:30:58-06:00 2023-12-31 341854260 CBIZ EBK 90 S CASCADE AVE STE 200 COLORADO SPRINGS CO 80903 990 2023-01-01 721551621 JOY TO THE WORLD FOUNDATION JOYT 7192601173 731 CHAPEL HILLS DR COLORADO SPRINGS CO 80920 JAY HADDIX CEO 7192601173 2024-11-15 1 1 MITCHELL DOWNS CPA P00831972 7195310445 2024-11-15 2023 2024-10-15 13:58:12Z JAY HADDIX 731 CHAPEL HILLS DR COLORADO SPRINGS CO 80920 8893734 0 X WWW.JOYTOTHEWORLDFOUNDATION.ORG X 2003 CO INDIVIDUALS, WHO HAVE BEEN BLESSED FINANCIALLY, CAN ACCOMPLISH THEIR CHARITABLE OBJECTIVES IN THE AREAS OF RELIGIOUS, SCIENTIFIC, HEALTH, EDUCATION AND BENEVOLENCE THROUGH THE FOUNDATION. 9 6 2 50 0 0 4574419 7961566 299581 288638 657 86767 0 0 4874657 8336971 25846 24066 0 0 320258 302317 0 0 0 4694681 7961403 5040785 8287786 -166128 49185 19438166 24780455 17395436 22676914 2042730 2103541 INDIVIDUALS, WHO HAVE BEEN BLESSED FINANCIALLY, CAN ACCOMPLISH THEIR CHARITABLE OBJECTIVES IN THE AREAS OF RELIGIOUS, SCIENTIFIC, HEALTH, EDUCATION AND BENEVOLENCE THROUGH THE FOUNDATION. 0 0 7891659 24066 288638 TO HELP INDIVIDUALS ACCOMPLISH THEIR CHARITABLE OBJECTIVES IN RELIGIOUS, EDUCATIONAL, SCIENTIFIC, BENEVOLENT AND HEALTH RELATED ACTIVITIES. 7891659 1 1 0 0 0 1 0 0 1 0 0 0 0 1 1 1 1 0 0 0 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 1 9 0 1 2 1 1 1 0 0 0 0 0 0 0 0 0 0 0 X 9 6 0 1 0 0 0 0 0 1 0 0 0 1 1 1 1 1 1 1 1 0 X JAY HADDIX 7192601173 731 CHAPEL HILLS DR COLORADO SPRINGS CO 80920 V WILLIAM MORITZ BOARD PRESIDENT 25.00 X X 60000 0 0 EVERETT A WALTERS DIRECTOR 1.00 X 0 0 0 RICHARD HAYNIE DIRECTOR 1.00 X 0 0 0 STEVE MERRIMAN DIRECTOR 1.00 X 0 0 0 JONI STILL DIRECTOR 1.00 X 0 0 0 KIM TAKKUNEN DIRECTOR 1.00 X 0 0 0 JAY HADDIX DIRECTOR 1.00 X 0 0 0 CHRIS STROUP SECRETARY 40.00 X X 97986 0 0 CHRIS ROSENHAHN SECRETARY/TREASURER 20.00 X 12000 0 0 169986 0 0 0 0 0 0 0 7961566 85852 7961566 PROGRAM INCOME 525920 288638 288638 288638 89846 89846 553684 556763 -3079 -3079 -3079 8336971 288638 0 86767 24066 24066 169986 21600 148386 58490 58490 12000 3600 8400 54345 16304 38041 7496 2249 5247 43818 13145 30673 6210 1863 4347 39083 11725 27358 20713 6214 14499 9126 2738 6388 DONOR ADVISED FUND DISB 3971312 3971312 PROJECT DISBURSEMENTS 3726512 3726512 CONSULTING 74340 22302 52038 MINISTER HOUSING 38490 38490 31799 9539 22260 8287786 7891659 396127 0 332538 20100 73871 1084210 1025373 25236 22045 614370 457601 406651 204104 17287599 22664923 19438166 24780455 18044 11991 17135623 22495049 241769 169874 17395436 22676914 X 416669 140772 1626061 1962769 2042730 2103541 19438166 24780455 49185 11626 0 X X 0 1 X 1 0 X 3115606 2781724 3314455 4574419 7961566 21747770 3115606 2781724 3314455 4574419 7961566 21747770 21747770 118236 47233 83991 55449 89846 394755 22142525 1380639 0.98220 0.96940 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 1 3980025 3980025 4214 1 1 0 1 X 0 ASSETS HELD IN CRUT 701 ASSETS HELD IN DEFERRED COMP TRUST 22495049 DEFERRED COMPENSATION PLAN 169173 22664923 LIABILITY UNDER CRUT 701 DEFERRED COMPENSATION 169173 169874 X 8478797 11626 130200 141826 8336971 0 8336971 8417986 130200 130200 8287786 0 8287786 PART IV, LINE 2B: THE FOUNDATION IS THE TRUSTEE OF DEFERRED COMPENSATION TRUSTS. EACH OF WHICH PROVIDES DEFERRED COMPENSATION FOR A MINISTER AND THEIR BENEFICIARIES AFTER RETIREMENT. THE TRUSTS FUNDS ARE KEPT IN THE CUSTODY OF THE FOUNDATION. THE FOUNDATION ACTS AS AN AGENT ON BEHALF OF THE CHURCHES FUNDING THE TRUSTS AND THE MINISTERS AND THEIR BENEFICIARIES. THE FOUNDATION RECORDS THE TRUST FUNDS AS AN ASSET ALONG WITH A CORRESPONDING LIAIBLITY. PART X, LINE 2: THE FOUNDATION IS EXEMPT, UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE, FROM TAX ON INCOME DERIVED FROM DONATIONS, INCOME GENERATED BY ACTIVITIES CARRIED ON IN FURTHERANCE OF ITS EXEMPT PURPOSE AND CERTAIN OTHER SPECIFIED INCOME AND, IN ADDITION, IS QUALIFIED TO RECEIVE TAX DEDUCTIBLE CONTRIBUTIONS. MANAGEMENT BELIEVES THAT BASED ON EVALUATION OF ITS TAX POSITION, ANY LIABILITY AS A RESULT OF UNCERTAIN TAX POSITIONS WOULD NOT BE MATERIAL. MANAGEMENT CONTINUALLY EVALUATES EXPIRING STATUTES OF LIMITATIONS, CHANGES IN THE TAX LAWS, AND NEW AUTHORITATIVE RULINGS TO ASSIST IN EVALUATING ITS TAX POSITION. 0 EAST ASIA AND THE PACIFIC 0 PROGRAM SERVICES GENERAL SUPPORT 24066 0 0 0 0 0 0 24066 0 24066 EAST ASIA AND THE PACIFIC - AUSTRALIA, BRUNEI, BURMA, CAMBODIA, GENERAL SUPPORT AND THE PACIFIC 24066 WIRE 0 0 0 0 0 0 0 PART I, LINE 2-PROCEEDURES FOR MONITORING THE USE OF GRANT FUNDS PROCEDURES FOR MONITORING THE USE OF GRANT FUNDS. THE TERM GRANT AS DEFINED BY THE FOUNDATION, MEANS A DISBURSEMENT OF FUNDS FOR APPROVED CHARITABLE EXPENSES AND SUPPORT TO HELP FURTHER THE PURPOSE OF THE FOUNDATION. THE TERM DOES NOT REFER TO GRANT AS DEFINED BY THE IRS FOR PRIVATE FOUNDATION. ANNUALLY PROJECT MANAGERS SUBMIT TO THE BOARD A RECONCILIATION OF BUDGETED AND ACTUAL EXPENDITURES PLUS DOCUMENTS TO SUPPORT EXPENDITURES MADE BY THE PROJECTS WITH GRANT DONATION DOLLARS TO ENSURE EXPENDITURES FURTHER THE FOUNDATION'S MISSION AND CHARITABLE OBJECTIVES. PART I, LINE 3-ACTIVITIES PER REGION REGION EAST ASIA AND THE PACIFIC TOTAL EXPENDITURES: $25,846 X 0 0 0 0 0 0 0 0 0 X 1 1852 X 1 84000 0 0 0 FORM 990, PART VI, SECTION A, LINE 3 NEW HORIZONS FOUNDATION, INC. SERVES AS THE MANAGEMENT COMPANY OF JOY TOTHE WORLD FOUNDATION. FORM 990, PART VI, SECTION A, LINE 8B THE FOUNDATION DOES NOT HAVE COMMITTEES WITH AUTHORITY TO ACT ON BEHALF OFTHE GOVERNING BODY. FORM 990, PART VI, SECTION B, LINE 11B THE FORM 990 IS REVIEWED BY THE BOARD OF THE FOUNDATION PRIOR TO FILING. FORM 990, PART VI, SECTION B, LINE 12C THE FOUNDATION ANNUALLY REVIEWS DISCLOSURE FORMS WHICH BOARD MEMBERSAND EMPLOYEES ARE REQUIRED TO COMPLETE. ANY POTENTIAL CONFLICTS OFINTEREST ARE DICUSSED AND RESOLVED BY THE BOARD OF DIRECTORS. FORM 990, PART VI, SECTION B, LINE 15 COMPENSATION IS ESTABLISHED BY CONSENSUS OF THE BOARD OF DIRECTORS AFTERREVIEWING COMPENSATION COMPARABILITY DATA AND IS DOCUMENTED ON THECOMPENSATION APPROVAL AND EXECUTIVE SALARY REVIEW FORMS.COMPENSATION IS ESTABLISHED BY CONSENSUS OF THE BOARD OF DIRECTORS AFTERREVIEWING COMPENSATION COMPARABILITY DATA AND IS DOCUMENTED ON THECOMPENSATION APPROVAL AND EXECUTIVE SALARY REVIEW FORMS. FORM 990, PART VI, SECTION C, LINE 19 GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS ARE MADE AVAILABLE TO THE PUBLIC UPON REQUEST. FORM 990, PART XII, LINE 2C: THE PROCESS DID NOT CHANGE FROM PRIOR YEAR.