2021-04-29T17:55:04-05:00 2020-12-31 470888689 HMA CPA PS 510 W RIVERSIDE AVE STE 400 SPOKANE WA 99201 990 2020-01-01 815319087 JAKT FOUNDATION JAKT 5096210125 PO BOX 85 NEWMAN LAKE WA 99025 THOMAS W STEBBINS TREASURER 5096210125 2021-04-22 1 THOMAS STEBBINS XXX-XX-XXXX KEVIN R SELL CPA P01202132 5094558173 2021-04-22 3 AAL1 IAL1 2020 2022-09-23 18:48:47Z ADAM HEGSTED PO BOX 85 NEWMAN LAKE WA 99025 87740 0 X WWW.JAKTFOUNDATION.ORG X 2017 WA TO PROMOTE CULTURAL APPRECIATION OF FOOD, SPIRITS, AND MUSIC IN WASHINGTON STATE. 4 4 1 10 0 0 136983 67762 135269 19978 0 0 0 0 272252 87740 0 0 0 0 20317 26259 0 0 0 202863 41025 223180 67284 49072 20456 12011 32415 1487 1435 10524 30980 BE THE CATALYST TO BUILD COLLABORATIONS FOR THE BETTERMENT OF COMMUNITY. 0 0 49301 9366 THE JAKT FOUNDATION HOLDS EDUCATIONAL AND CHARITABLE EVENTS SURROUNDING FOOD, WINE, BEER, AND MUSIC THROUGHOUT THE STATE OF WASHINGTON. THE FOUNDATION WILL ACTIVELY PROMOTE FOOD, SOCIALIZING, AND THE APPRECIATION OF CULTURE WHILE GUESTS ENJOY FINE CUISINE. 3543 10612 THE FARMERS MARKET PROVIDES AN OPPORTUNITY FOR LOCAL VENDORS TO SHOWCASE THEIR NORTHWEST FOOD, SPIRITS, ART, AND MUSIC TO AREA RESIDENTS AND COLLABORATE FOR THE BETTERMENT OF THE COMMUNITY. 52844 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 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 0 0 1 0 0 1 1 0 0 0 0 0 0 0 0 0 0 X 4 4 1 0 0 0 0 0 0 1 0 0 0 1 1 1 1 1 0 0 0 0 WA X THOMAS STEBBINS 5096210125 PO BOX 85 NEWMAN LAKE WA 99025 X ADAM HEGSTED PRESIDENT 1.00 X X 0 0 0 JENNIFER HEGSTED VICE PRESIDENT 1.00 X X 0 0 0 THOMAS W STEBBINS VICE PRESIDENT/TREASURER 2.00 X X 0 0 0 KAREN L STEBBINS VICE PRESIDENT/TREASURER 1.00 X X 0 0 0 0 0 0 0 0 0 0 0 67762 67762 FARMERS' MARKET 711300 10612 10612 OKTOBERFEST EVENT 711300 5180 5180 OTHER EVENTS 711300 3726 3726 GRAND TASTING 711300 460 460 19978 87740 19978 0 0 26259 17506 8753 3075 3075 12572 12572 1527 1527 8370 8370 OKTOBERFEST EVENT 10768 10768 FARMERS MARKET EVENT OP 3543 3543 CHEFS APPEARANCE FEES 85 85 1085 1085 67284 52844 14440 0 12011 16867 15548 12011 32415 1487 1435 1487 1435 X 0 0 0 0 10524 30980 10524 30980 12011 32415 20456 0 X 0 0 0 X 80686 81930 136983 67762 367361 75643 111488 135269 19978 342378 156329 193418 272252 87740 709739 9592 250 9842 0 9592 250 9842 699897 156329 193418 272252 87740 709739 X SCH. A, PAGE 3, PART III, (C) THE YEAR ENDED DECEMBER 31, 2017 WAS THE INITIAL YEAR OF THE ORGANIZATION AND AS SUCH REPRESENTS ACTIVITY FROM FEBURARY THROUGH DECEMBER ONLY. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED KATY STEBBINS FAMILY MEMBER OF BOARD MEMBERS TON AND KAREN STEBBINS 26259 W-2 COMPENSATION 0 SCH L, PART IV IN ACCORDANCE WITH THE CONFLICT OF INTEREST POLICY, THE BOARD MEMBERS RELATED TO KATY STEBBINS LEFT THE MEETING DURING THE DISCUSSION OF, AND THE VOTE ON HER COMPENSATION. FORM 990, PART VI, SECTION A, LINE 2 TOM AND KAREN STEBBINS HAVE A FAMILY RELATIONSHIP. ADAM AND JENNIFER HEGSTED ALSO HAVE A FAMILY RELATIONSHIP. FORM 990, PART VI, SECTION A, LINE 8B THERE ARE NO COMMITTEES WITH BROAD AUTHORITY TO ACT ON BEHALF OF THE BOARD. FORM 990, PART VI, SECTION B, LINE 11B THE FORM 990 AND ALL REQUIRED SUPPORTING SCHEDULES WERE REVIEWED BY THE BOARD FOR COMPLETENESS AND CORRECTNESS BEFORE THE FORM WAS FILED WITH THE IRS. FORM 990, PART VI, SECTION B, LINE 12C EACH DIRECTOR AND OFFICER PERIODICALLY SIGNS A STATEMENT AFFIRMING THEY RECEIVED A COPY OF THE POLICY, UNDERSTAND THE POLICY, AND AGREE TO COMPLY. IN ADDITION, ANY DIRECTOR, PRINCIPAL OFFICER, OR MEMBER OF A COMMITTEE WITHIN THE GOVERNING BOARD MUST DISCLOSE THE EXISTENCE OF A FINANCIAL CONFLICT OF INTEREST, INCLUDING ALL MATERIAL FACTS. AFTER ANY DISCUSSION WITH THE INTERESTED PERSON AND THE GOVERNING BOARD, THE INTERESTED PARTY SHALL LEAVE THE BOARD OR COMMITTEE MEETING WHILE THE OTHER MEMBERS VOTE TO DETERMINE IF A CONFLICT EXISTS. IF IT IS DECIDED A CONFLICT EXISTS THE GOVERNING BOARD OR COMMITTEE SHALL DETERMINE WHETHER THE FOUNDATION CAN OBTAIN WITH REASONABLE EFFORTS A MORE ADVANTAGEOUS TRANSACTION OR ARRANGEMENT FROM A PERSON OR ENTITY THAT WOULD NOT GIVE RISE TO A CONFLICT. IF NOT, THE GOVERNING BOARD OR COMMITTEE SHALL DETERMINE BY A MAJORITY VOTE OF DISINTERESTED DIRECTORS WHETHER THE TRANSACTION IS IN THE COMPANY'S BEST INTEREST, AND WHETHER IT IS FAIR AND REASONABLE. FORM 990, PART VI, SECTION C, LINE 19 JAKT FOUNDATION MAKES ITS FORM 990, GOVERNING DOCUMENTS AND CONFLICT OF INTEREST POLICY AVAILABLE TO THE PUBLIC BY PROVIDING COPIES UPON REQUEST OR ALLOWING INSPECTION AT ITS OFFICE.