JUMPSTART INC: Form 990, tax year 2022

View the entire original 990 at ProPublica ↗

Organization
JUMPSTART INC (EIN 34-1398522)
Tax period
2022-07-01 to 2023-06-30
Filed
2024-02-22
IRS object ID
202430539349301233
Schema version
2022v5.0
Source
Download XML · Original 990 at ProPublica

Every field in the e-filed return. Faint text is the IRS element name, for citing.

Return header ReturnHeader

FieldValueIRS element (for citing)
Return2024-02-22T15:06:34-06:00ReturnTs
Tax Period End2023-06-30TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

FieldValueIRS element (for citing)
Preparer Firm EIN341818258PreparerFirmEIN

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1MEADEN & MOORE LTDBusinessNameLine1Txt

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line11375 EAST NINTH STREET SUITE 1800AddressLine1Txt
CityCLEVELANDCityNm
State AbbreviationOHStateAbbreviationCd
ZIP441141790ZIPCd
FieldValueIRS element (for citing)
Return Type990ReturnTypeCd
Tax Period Begin2022-07-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN341398522EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1JUMPSTART INCBusinessNameLine1Txt
FieldValueIRS element (for citing)
Business Name ControlJUMPBusinessNameControlTxt
Phone2163633400PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line16701 CARNEGIE AVENUE 100AddressLine1Txt
CityCLEVELANDCityNm
State AbbreviationOHStateAbbreviationCd
ZIP44103ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonRICHARD JANKURAPersonNm
Person TitleINTERIM CHIEF EXECUTIVE OFFICERPersonTitleTxt
Phone2163633400PhoneNum
Signature2024-02-19SignatureDt
Discuss With Paid PreparerYes (1)DiscussWithPaidPreparerInd

Signing Officer SigningOfficerGrp

Person Full Name PersonFullName

FieldValueIRS element (for citing)
Person FirstRICHARDPersonFirstNm
Person LastJANKURAPersonLastNm
FieldValueIRS element (for citing)
SSN999009999SSN
FieldValueIRS element (for citing)
IRS Responsible Prty Info Curr0IRSResponsiblePrtyInfoCurrInd

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonKAREN B COONEYPreparerPersonNm
PTINP00285983PTIN
Phone2162413272PhoneNum
Preparation2024-02-16PreparationDt

Additional Filer Information AdditionalFilerInformation

Trusted Customer TrustedCustomerGrp

FieldValueIRS element (for citing)
Trusted Customer3TrustedCustomerCd
Authentication Assurance LevelAAL1AuthenticationAssuranceLevelCd
Identity Assurance LevelIAL1IdentityAssuranceLevelCd
FieldValueIRS element (for citing)
Tax2022TaxYr
Build TS2023-04-26 12:10:37ZBuildTS

Form 990 IRS990

FieldValueIRS element (for citing)
Principal OfficerRICHARD JANKURAPrincipalOfficerNm

US Address USAddress

FieldValueIRS element (for citing)
Address Line16701 CARNEGIE AVENUE 100AddressLine1Txt
CityCLEVELANDCityNm
State AbbreviationOHStateAbbreviationCd
ZIP44103ZIPCd
FieldValueIRS element (for citing)
Gross Receipts$26,472,790GrossReceiptsAmt
Group Return For Affiliates0GroupReturnForAffiliatesInd
Organization501c3Yes (X)Organization501c3Ind
Website AddressWWW.JUMPSTARTINC.ORGWebsiteAddressTxt
Type Of Organization CorpYes (X)TypeOfOrganizationCorpInd
Formation1983FormationYr
Legal Domicile StateOHLegalDomicileStateCd
Activity Or MissionTO ACCELERATE THE PROGRESS OF HIGH POTENTIAL, EARLY-STAGE BUSINESSES, IMPROVE SUCCESS IN ACHIEVING GOALS & RAISING CAPITAL RESULTING IN JOB CREATION & GROWTH IN NORTHERN OHIO.ActivityOrMissionDesc
Voting Members Governing Body30VotingMembersGoverningBodyCnt
Voting Members Independent29VotingMembersIndependentCnt
Total Employee91TotalEmployeeCnt
Total Volunteers77TotalVolunteersCnt
Total Gross UBI$26,250TotalGrossUBIAmt
Net Unrelated Bus Txbl Incm$0NetUnrelatedBusTxblIncmAmt
PY Contributions Grants$11,821,753PYContributionsGrantsAmt
CY Contributions Grants$19,705,819CYContributionsGrantsAmt
PY Program Service Revenue$2,210,465PYProgramServiceRevenueAmt
CY Program Service Revenue$1,930,673CYProgramServiceRevenueAmt
PY Investment Income$7,478,895PYInvestmentIncomeAmt
CY Investment Income$948,973CYInvestmentIncomeAmt
PY Other Revenue$0PYOtherRevenueAmt
CY Other Revenue$0CYOtherRevenueAmt
PY Total Revenue$21,511,113PYTotalRevenueAmt
CY Total Revenue$22,585,465CYTotalRevenueAmt
PY Grants And Similar Paid$2,223,745PYGrantsAndSimilarPaidAmt
CY Grants And Similar Paid$974,865CYGrantsAndSimilarPaidAmt
PY Benefits Paid To Members$0PYBenefitsPaidToMembersAmt
CY Benefits Paid To Members$0CYBenefitsPaidToMembersAmt
PY Salaries Comp Emp Bnft Paid$10,698,817PYSalariesCompEmpBnftPaidAmt
CY Salaries Comp Emp Bnft Paid$11,090,853CYSalariesCompEmpBnftPaidAmt
PY Total Prof Fndrsng Expns$0PYTotalProfFndrsngExpnsAmt
CY Total Prof Fndrsng Expns$0CYTotalProfFndrsngExpnsAmt
CY Total Fundraising Expense$1,022,436CYTotalFundraisingExpenseAmt
PY Other Expenses$8,713,090PYOtherExpensesAmt
CY Other Expenses$12,538,211CYOtherExpensesAmt
PY Total Expenses$21,635,652PYTotalExpensesAmt
CY Total Expenses$24,603,929CYTotalExpensesAmt
PY Revenues Less Expenses-$124,539PYRevenuesLessExpensesAmt
CY Revenues Less Expenses-$2,018,464CYRevenuesLessExpensesAmt
Total Assets BOY$82,356,707TotalAssetsBOYAmt
Total Assets EOY$90,254,116TotalAssetsEOYAmt
Total Liabilities BOY$13,656,986TotalLiabilitiesBOYAmt
Total Liabilities EOY$21,771,980TotalLiabilitiesEOYAmt
Net Assets Or Fund Balances BOY$68,699,721NetAssetsOrFundBalancesBOYAmt
Net Assets Or Fund Balances EOY$68,482,136NetAssetsOrFundBalancesEOYAmt
Info In Schedule O Part IIIYes (X)InfoInScheduleOPartIIIInd
MissionJUMPSTART INC. UNLOCKS THE FULL POTENTIAL OF ENTREPRENEURSHIP TO TRANSFORM ENTIRE COMMUNITIES. JUMPSTART INC. COMBATS COMMUNITY DETERIORATION AND LESSENS THE BURDENS OF GOVERNMENT BY CONDUCTING INVESTMENT AND OTHER PROGRAMS TO ENHANCE THE ECONOMIC REVITALIZATION OF NORTHERN OHIO, AN AREA WHICH HAS EXPERIENCED ECONOMIC DECLINE AND COMMUNITY DETERIORATION ("ECONOMIC REVITALIZATION PROGRAMS").MissionDesc
Significant New Program Srvc0SignificantNewProgramSrvcInd
Significant Change0SignificantChangeInd
Expense$5,504,402ExpenseAmt
Revenue$1,930,673RevenueAmt
DescENTREPRENEURIAL SERVICES AND INVESTING:JUMPSTART INC. CONDUCTS ITS ECONOMIC REVITALIZATION PROGRAMS BY FUNCTIONING AS A REGIONAL NONPROFIT VENTURE DEVELOPMENT ENTITY WHICH SUPPORTS STARTUPS AND HIGH POTENTIAL SMALL BUSINESSES WHO HAVE THE POTENTIAL TO ECONOMICALLY TRANSFORM COMMUNITIES.AS THE PRIMARY ENTREPRENEURIAL ECONOMIC REVITALIZATION PROGRAM JUMPSTART INC. ENCOURAGES THE CREATION OF NEW EMPLOYMENT OPPORTUNITIES IN NORTHERN OHIO THROUGH ACTIVITIES SUPPORTING THE LAUNCH AND GROWTH OF COMPANIES WITH HIGH POTENTIAL FOR PROVIDING EMPLOYMENT OPPORTUNITIES AND THEREBY CONTRIBUTING TO THE ALLEVIATION OF ECONOMIC DISTRESS IN NORTHERN OHIO, WHICH HAS EXPERIENCED ECONOMIC DECLINE AND COMMUNITY DETERIORATION, AND ENHANCING ITS ECONOMIC REVITALIZATION.JUMPSTART CONDUCTS INVESTMENT ACTIVITIES TO SUPPLEMENT STATE AND LOCAL GOVERNMENT ECONOMIC AND JOB DEVELOPMENT INVESTMENT AND OTHER PROGRAMS DIRECTED AT ENCOURAGING THE INITIATION OF GROWTH, MATURATION AND EXPANSION OF SMALL BUSINESSES WITH A POTENTIAL FOR PROVIDING ENHANCED EMPLOYMENT OPPORTUNITIES AND THEREBY CONTRIBUTING TO AN ECONOMIC REVITALIZATION OF NORTHERN OHIO. JUMPSTART OFTEN BUNDLES GUIDANCE FROM EXPERIENCED VENTURE PARTNERS WITH ITS SEED INVESTMENT CAPITAL. EARLY-STAGE INVESTMENT FROM JUMPSTART ALLOWS THESE INNOVATIVE COMPANIES TO COMPLETE PRODUCT PROTOTYPES, CONDUCT EARLY MARKETING CAMPAIGNS, AND ADD KEY MEMBERS. SIMILARLY, THE STRATEGIC AND OPERATIONAL GUIDANCE FROM VENTURE PARTNERS ENABLES INNOVATION-ORIENTED ENTREPRENEURS TO HIT KEY GROWTH MILESTONES, ADVANCE THROUGH STAGES OF THE BUSINESS, AND ATTRACT FOLLOW-ON FUNDING. THROUGH FISCAL YEAR 2023, JUMPSTART HAS INVESTED $93M IN 170 PORTFOLIO COMPANIES WHOSE BUSINESS ACTIVITIES WERE DETERMINED TO BE CONSISTENT WITH THE GOALS OF THE ECONOMIC REVITALIZATION PROGRAM. WITH REGARD TO ACCELERATING GROWTH, CLIENT AND PORTFOLIO COMPANIES RECEIVE INTENSIVE TECHNICAL SUPPORT FROM THE JUMPSTART TEAM. VENTURE PARTNERS AND MENTORS ASSIGNED TO A CLIENT COMPANY PROVIDE GUIDANCE TO HELP ENSURE THAT KEY MILESTONES ARE MET. JUMPSTART ADVISORS HAVE:1) CONNECTED JUMPSTART'S CLIENT AND PORTFOLIO COMPANIES WITH HUNDREDS OF RESOURCES INCLUDING SUBJECT MATTER EXPERTS, BOARD MEMBERS, MANAGEMENT TEAM MEMBERS, AND POTENTIAL CUSTOMERS.2) ENABLED JUMPSTART CLIENT AND PORTFOLIO COMPANIES T0 MEET INDIVIDUAL MILESTONES, INCLUDING: FINALIZING INTELLECTUAL PROPERTY, SECURING FOLLOW-ON CAPITAL, BUILDING INTERNAL SYSTEMS AND DEVELOPING STRATEGIC PARTNER AND CLIENT RELATIONSHIPS.Desc

Prog Srvc Accom Acty2 ProgSrvcAccomActy2Grp

FieldValueIRS element (for citing)
Expense$895,407ExpenseAmt
DescOUTREACH AND EDUCATION:IS A SIGNIFICANT AND CRITICAL SEGMENT OF JUMPSTART'S OVERALL ECONOMIC REVITALIZATION PROGRAMS. THE JUMPSTART OUTREACH AND EDUCATION PROGRAM'S CONTINUOUS PRESENTATION OF NETWORKING EVENTS, SEMINARS AND PUBLISHED ARTICLES BOTH IN TRADITIONAL AND ELECTRONIC MEDIA, COMBINE TO BUILD A GREATER APPRECIATION OF THE IMPORTANCE OF ENTREPRENEURSHIP TO THE NORTHERN OHIO REGIONAL ECONOMY.THE ACTIVITIES OF OUTREACH AND EDUCATION ARE DIRECTED TO SUPPORTING NETWORKS OF INVESTORS, ADVISORS AND PROFESSIONAL SERVICE FIRMS IN ORDER TO ENCOURAGE AN INCREASE IN THE NUMBER OF SUCCESSFUL HIGH-POTENTIAL ENTREPRENEURIAL VENTURES IN NORTHERN OHIO AND THEREBY ENHANCE THE ECONOMIC REVITALIZATION OF THE REGION.THE JUMPSTART OUTREACH AND EDUCATION PROGRAM'S MEDIA AND EVENT PRESENTATIONS CONTINUALLY INFORM AND EDUCATE NORTHERN OHIO'S ENTREPRENEURS, GIVING VISIBILITY TO THE SUCCESS OF ENTREPRENEURIAL VENTURES AND PROVIDING SUPPORT TO ENABLE A THRIVING ENTREPRENEURIAL COMMUNITY. FROM 7/1/22 THROUGH 06/30/23, THE OUTREACH AND EDUCATION PROGRAM: 1) COMMUNICATED WITH MORE THAN 49,713 EMAIL SUBSCRIBERS AND MORE THAN 21,400 SOCIAL MEDIA FOLLOWERS, HIGHLIGHTING ENTREPRENEURIAL SUCCESSES AS WELL AS EVENTS FOR NETWORKING AND LEARNING.2) ACHIEVED 1,410 TOTAL MEDIA MENTIONS HIGHLIGHTING CLIENT SUCCESS STORIES AND SHARING VALUEABLE INFORMATION SO REGIONAL ENTERPRENEURS CAN ACCESS THE CAPITAL, SERVICES AND CONNECTIONS THEY NEED TO GROW. THESE STORIES REACHED AUDIENCES THROUGHOUT THE COUNTRY AND HIGHLIGHTING CLIENT SUCCESS STORIES.3) HOSTED 37 IN PERSON AND 10 VIRTUAL EVENTS EMPOWERING ENTREPRENEURS TO BUILD CRITICAL RESOURCE CONNENTIONS AND INCREASE THEIR KNOWLEDGE AND EXPERTISE IN SUBJECT MATTER NECESSARY TO STARTING AND GROWING AN EARLY-STAGE VENTURE OR SUCCESSFUL BUSINESS.TO ENHANCE THE COVERAGE OF THIS SERIES MANY OF THESE EVENTS AND CONVERSATIONS ARE RECORDED AND MADE AVAILABLE AS PODCASTS, VIDEO SPOTLIGHTS AND OTHER CONTENT. THROUGH 06/30/23THERE HAVE BEEN MORE THAN 31,170 PODCAST DOWNLOADS FROM THE JUMPSTART WEBSITE AND MORE THAN 233,900 VIDEO VIEWS ON JUMPSTART'S YOUTUBE CHANNEL. OVERALL, THERE WERE MORE THAN 136,678 UNIQUE VISITORS TO JUMPSTART WEBSITES IN FISCAL YEAR 2023.Desc

Prog Srvc Accom Acty3 ProgSrvcAccomActy3Grp

FieldValueIRS element (for citing)
Expense$12,982,312ExpenseAmt
Grant$974,865GrantAmt
DescNETWORK ADVISORS & ECONOMIC INCLUSION:THIS PROGRAM IS AN ESSENTIAL COMPONENT OF THE ECONOMIC REVITALIZATION PROGRAMS THAT PROVIDES THE INITIAL CONTACT AND IMPETUS TO THE DEVELOPMENT OF SEED IDEAS. THESE INDIVIDUALS PROVIDE EDUCATION AND INFORMATION TO INDIVIDUALS CONCERNING THE DEVELOPMENT AND OPERATION OF SMALL BUSINESSES IN NORTHERN OHIO FOR THE PURPOSE OF ENCOURAGING THE INITIATION, EXPANSION, GROWTH, AND MATURATION OF BOTH NEW AND EXISTING SMALL BUSINESS WHICH CAN PROVIDE EMPLOYMENT OPPORTUNITIES AND THEREBY AID IN ALLEVIATING UNEMPLOYMENT, COMMUNITY DETERIORATION AND ECONOMIC DISTRESS IN NORTHERN OHIO AND ENHANCING THE ECONOMIC REVITALIZATION OF THE AREA. NETWORK ADVISORS COMPRISE THE PROGRAM THAT CONCENTRATES ON ASSISTING TECHNOLOGY BASED NASCENT COMPANIES AND SMALL BUSINESSES WITH GROWTH INTEREST AND POTENTIAL. JUMPSTART'S STAFF, MENTORS AND NETWORK OF ADVISORS GUIDE NORTHERN OHIO'S HIGH POTENTIAL ENTREPRENEURS, ASSISTING FOUNDERS IN CREATING AND ARTICULATING HIGH GROWTH STRATEGIC AND OPERATIONAL PLANS, ACCESSING INVESTMENT FUNDS AND MOVING THEIR BUSINESSES TOWARD KEY MILESTONES. NETWORK ADVISORS, MENTORS AND ENTREPRENEURS-IN-RESIDENCE ARE SUCCESSFUL SERIAL ENTREPRENEURS, SEASONED INVESTORS, INDUSTRY EXPERTS AND/OR FORMER CEOS, WITH SIGNIFICANT EXPERIENCE. JUMPSTART'S ADVISORS HAVE A SPECIAL FOCUS ON SUPPORTING WOMEN AND MINORITY ENTREPRENEURS WORKING IN THE HIGHEST GROWTH INDUSTRIES. THE OVERALL ADVISORY PROGRAM IS A VITAL ASPECT IN THE GOAL HELPING TO REVITALIZE THE ECONOMIC ENVIRONMENT OF NORTHERN OHIO. JUMPSTART BELIEVES THAT THE AVAILABILITY OF EXPERIENCED ENTREPRENEURS, INVESTORS, INDUSTRY LEADERS AND EXECUTIVES TO STARTUP COMPANIES IS CRITICAL TO SUCCESS. GUIDANCE OF EARLY-STAGE ENTREPRENEURIAL ENDEAVORS PROVIDES INSIGHT, KNOWLEDGE AND GENERALLY BROADENS THE VISION OF THE ENTREPRENEUR. ECONOMIC INCLUSION IS AT THE FOUNDATION AND CORE OF HOW JUMPSTART CONDUCTS BUSINESS, AS THIS GENUINE COMMITMENT ALLOWS JUMPSTART TO REALIZE THE RICH DIVERSITY OF TALENT AND PROMISE THAT EXTENDS THROUGHOUT NORTHERN OHIO. 42 PERCENT OF JUMPSTART'S BOARD OF DIRECTORS ARE WOMEN, AND 33 PERCENT ARE PEOPLE OF COLOR. MEANWHILE, 61 PERCENT OF JUMPSTART'S STAFF ARE WOMEN, WHILE NEARLY 40 PERCENT ARE PEOPLE OF COLOR.ADDITIONALLY, FROM 7/1/22 TO 6/30/23, 43 PERCENT OF THE COMPANIES SERVED BY JUMPSTART WERE BLACK OWNED/LED, 11 PERCENT WERE LATINO/HISPANIC OWNED/LED, AND 46 PERCENT WERE WOMAN OWNED/LED. WE BELIEVE IN ACCELERATING THE GROWTH OF BLACK, LATINO AND WOMEN-OWNED BUSINESSES BECAUSE IT IS A CRITICAL COMPONENT OF BUILDING AND SUSTAINING A HEALTHY ECONOMY. THESE FIRMS HOLD GREAT PROMISE FOR THE REGION, AS STATISTICALLY, MINORITY BUSINESSES TEND TO HIRE MINORITY WORKERS AT MORE THAN TWICE THE RATE OF NON-MINORITY FIRMS. THE CHALLENGE, HOWEVER, IS TO GROW THE TYPES OF BUSINESSES THAT CAN EMPLOY MUCH LARGER NUMBERS. THERE IS A CRITICAL GAP IN FUNDING AND SUPPORT FOR EARLY-STAGE, MINORITY-OWNED, HIGH POTENTIAL BUSINESSES THAT COULD BECOME LARGE COMPANIES WHICH CREATE JOBS, WEALTH AND PROSPERITY. THROUGH ECONOMIC INCLUSION INITIATIVES, JUMPSTART PROVIDES ASSISTANCE TAILORED TO THE SPECIFIC NEEDS OF THESE HISTORICALLY UNDERSERVED COMMUNITIES TO GUIDE HIGH IMPACT MINORITY AND WOMEN OWNED BUSINESSES SEEKING TO RAISE CAPITAL FROM PRIVATE INVESTORS IN ORDER TO BECOME LARGER SCALE NATIONAL AND INTERNATIONAL FIRMS. ADVISORS ALSO ASSIST TARGETED BUSINESSES SITUATED IN THE URBAN CENTERS OF NORTHERN OHIO, WHOSE BUSINESSES DIRECTLY AFFECT MINORITY POPULATIONS. BY PROVIDING INTENSIVE HANDS-ON GUIDANCE AND STRATEGIC PLANNING, THESE ADVISORS ENABLE ENTREPRENEURS TO ACCESS INVESTMENT FUNDS, AND MOVE THEIR BUSINESSES TOWARD CRITICAL MILESTONES. JUMPSTART EMBEDS ITS ECONOMIC INCLUSION PROGRAMMING ACROSS ALL OF ITS ACTIVITIES. SPECIFIC EXAMPLES INCLUDE:1) THE JUMPSTART FOCUS FUND, A $10 MILLION VENTURE CAPTIAL FUND SPECIFICALLY DEDICATED TO SUPPORTING FEMALE AND/OR MINORITY LED STARTUPS ACROSS OHIO.2) THE SMALL BUSINESS IMPACT PROGRAM, WHICH PROVIDES A DIVERSE GROUP OF TRADITIONALLY UNDERREPRESENTED SMALL BUSINESS OWNERS WITH ONE-ON-ONE BUSINESS ASSISTANCE, GRANT CAPITAL AND CONNECTIONS TO VALUABLE COMMUNITY RESOURCES.3) PITCH CYPHER, A PITCH EVENT CONNECTING EARLY-STAGE TECH FOUNDERS-OF-COLOR WITH CRITICAL RESOURCES INCLUDING CAPITAL AND HIGH IMPACT TECHNICAL SERVICES.Desc
FieldValueIRS element (for citing)
Total Program Service Expenses$19,382,121TotalProgramServiceExpensesAmt
Described In Section501c3Yes (1)DescribedInSection501c3Ind
Schedule B RequiredYes (1)ScheduleBRequiredInd
Political Campaign Acty0PoliticalCampaignActyInd
Lobbying ActivitiesYes (1)LobbyingActivitiesInd
Subject To Proxy Tax0SubjectToProxyTaxInd
Donor Advised Fund0DonorAdvisedFundInd
Conservation Easements0ConservationEasementsInd
Collections Of Art0CollectionsOfArtInd
Credit CounselingYes (1)CreditCounselingInd
Donor Rstr Or Quasi Endowments0DonorRstrOrQuasiEndowmentsInd
Report Land Building EquipmentYes (1)ReportLandBuildingEquipmentInd
Report Investments Other Sec0ReportInvestmentsOtherSecInd
Report Program Related InvstYes (1)ReportProgramRelatedInvstInd
Report Other Assets0ReportOtherAssetsInd
Report Other Liabilities0ReportOtherLiabilitiesInd
Include FIN48 FootnoteYes (1)IncludeFIN48FootnoteInd
Independent Audit Fincl Stmt0IndependentAuditFinclStmtInd
Consolidated Audit Fincl StmtYes (1)ConsolidatedAuditFinclStmtInd
School Operating0SchoolOperatingInd
Foreign Office0ForeignOfficeInd
Foreign Activities0ForeignActivitiesInd
More Than5000 K To Org0MoreThan5000KToOrgInd
More Than5000 K To Individuals0MoreThan5000KToIndividualsInd
Professional Fundraising0ProfessionalFundraisingInd
Fundraising Activities0FundraisingActivitiesInd
Gaming Activities0GamingActivitiesInd
Operate Hospital0OperateHospitalInd
Grants To OrganizationsYes (1)GrantsToOrganizationsInd
Grants To IndividualsYes (1)GrantsToIndividualsInd
Schedule J RequiredYes (1)ScheduleJRequiredInd
Tax Exempt Bonds0TaxExemptBondsInd
Engaged In Excess Benefit Trans0EngagedInExcessBenefitTransInd
PY Excess Benefit Trans0PYExcessBenefitTransInd
Loan Outstanding0LoanOutstandingInd
Grant To Related Person0GrantToRelatedPersonInd
Business Rln With Org Mem0BusinessRlnWithOrgMemInd
Business Rln With Fam Mem0BusinessRlnWithFamMemInd
Business Rln With35 Ctrl Ent0BusinessRlnWith35CtrlEntInd
Deductible Non Cash Contri0DeductibleNonCashContriInd
Deductible Art Contribution0DeductibleArtContributionInd
Terminate Operations0TerminateOperationsInd
Partial Liquidation0PartialLiquidationInd
Disregarded Entity0DisregardedEntityInd
Related EntityYes (1)RelatedEntityInd
Related Organization Ctrl EntYes (1)RelatedOrganizationCtrlEntInd
Transaction With Control EntYes (1)TransactionWithControlEntInd
Trnsfr Exmpt Non Chrtbl Rltd Org0TrnsfrExmptNonChrtblRltdOrgInd
Activities Conducted Prtshp0ActivitiesConductedPrtshpInd
Schedule O RequiredYes (1)ScheduleORequiredInd
IRP Document136IRPDocumentCnt
IRP Document W2 G0IRPDocumentW2GCnt
Backup Wthld ComplianceYes (1)BackupWthldComplianceInd
Employee91EmployeeCnt
Employment Tax Returns FiledYes (1)EmploymentTaxReturnsFiledInd
Unrelated Bus Incm Over LimitYes (1)UnrelatedBusIncmOverLimitInd
Form990 T FiledYes (1)Form990TFiledInd
Foreign Financial Account0ForeignFinancialAccountInd
Prohibited Tax Shelter Trans0ProhibitedTaxShelterTransInd
Taxable Party Notification0TaxablePartyNotificationInd
Nondeductible Contributions0NondeductibleContributionsInd
Quid Pro Quo Contributions0QuidProQuoContributionsInd
Form8282 Property Disposed Of0Form8282PropertyDisposedOfInd
Rcv Fnds To Pay Prsnl Bnft Cntrct0RcvFndsToPayPrsnlBnftCntrctInd
Pay Premiums Prsnl Bnft Cntrct0PayPremiumsPrsnlBnftCntrctInd
Indoor Tanning Services0IndoorTanningServicesInd
Subj To Tax Rmnrtn Ex Prcht Pymt0SubjToTaxRmnrtnExPrchtPymtInd
Subject To Excs Tax Net Invst Inc0SubjectToExcsTaxNetInvstIncInd
Info In Schedule O Part VIYes (X)InfoInScheduleOPartVIInd
Governing Body Voting Members30GoverningBodyVotingMembersCnt
Independent Voting Member29IndependentVotingMemberCnt
Family Or Business Rln0FamilyOrBusinessRlnInd
Delegation Of Mgmt Duties0DelegationOfMgmtDutiesInd
Change To Org Documents0ChangeToOrgDocumentsInd
Material Diversion Or Misuse0MaterialDiversionOrMisuseInd
Members Or StockholdersYes (1)MembersOrStockholdersInd
Election Of Board MembersYes (1)ElectionOfBoardMembersInd
Decisions Subject To Approva0DecisionsSubjectToApprovaInd
Minutes Of Governing BodyYes (1)MinutesOfGoverningBodyInd
Minutes Of CommitteesYes (1)MinutesOfCommitteesInd
Officer Mailing Address0OfficerMailingAddressInd
Local Chapters0LocalChaptersInd
Form990 Provided To Gvrn BodyYes (1)Form990ProvidedToGvrnBodyInd
Conflict Of Interest PolicyYes (1)ConflictOfInterestPolicyInd
Annual Disclosure Covered PrsnYes (1)AnnualDisclosureCoveredPrsnInd
Regular Monitoring EnfrcYes (1)RegularMonitoringEnfrcInd
Whistleblower PolicyYes (1)WhistleblowerPolicyInd
Document Retention PolicyYes (1)DocumentRetentionPolicyInd
Compensation Process CEOYes (1)CompensationProcessCEOInd
Compensation Process OtherYes (1)CompensationProcessOtherInd
Investment In Joint Venture0InvestmentInJointVentureInd
States Where Copy Of Return Is FldOHStatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is FldNYStatesWhereCopyOfReturnIsFldCd
Own WebsiteYes (X)OwnWebsiteInd
Upon RequestYes (X)UponRequestInd

Books In Care Of Detail BooksInCareOfDetail

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1KAREN ADAMEBusinessNameLine1Txt
FieldValueIRS element (for citing)
Phone2163633400PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line16701 CARNEGIE AVENUEAddressLine1Txt
CityCLEVELANDCityNm
State AbbreviationOHStateAbbreviationCd
ZIP44103ZIPCd

Form990 Part VII Section A Form990PartVIISectionAGrp (42 entries)

TitleTitleTxtAverage Hours Per WeekAverageHoursPerWeekRtIndividual Trustee Or DirectorIndividualTrusteeOrDirectorIndOfficerOfficerIndReportable Comp From OrgReportableCompFromOrgAmtReportable Comp From Rltd OrgReportableCompFromRltdOrgAmtOther CompensationOtherCompensationAmtAverage Hours Per Week Rltd OrgAverageHoursPerWeekRltdOrgRtKey EmployeeKeyEmployeeIndHighest Compensated EmployeeHighestCompensatedEmployeeIndFormer Ofcr Director TrusteeFormerOfcrDirectorTrusteeInd
JEANNE COUGHLIN
BOARD CHAIR2.00Yes (X)Yes (X)$0$0$0
KATE ASBECK
VICE CHAIR2.00Yes (X)Yes (X)$0$0$0
THOMAS HOPKINS
VICE CHAIR2.00Yes (X)Yes (X)$0$0$0
BARBARA PAYNTER
VICE CHAIR2.00Yes (X)Yes (X)$0$0$0
JOSE VASQUEZ
VICE CHAIR2.00Yes (X)Yes (X)$0$0$0
KARIM BOTROS
DIRECTOR0.70Yes (X)$0$0$0
ANTHONY CAMPANA
DIRECTOR0.70Yes (X)$0$0$0
CAROL CARUSO
DIRECTOR0.70Yes (X)$0$0$0
ODELL COLEMAN
DIRECTOR0.70Yes (X)$0$0$0
GERRICK DOSS
DIRECTOR0.70Yes (X)$0$0$0
ERIC FIALA
DIRECTOR0.70Yes (X)$0$0$0
LARRY FULTON
DIRECTOR0.70Yes (X)$0$0$0
LARRY GOODMAN
DIRECTOR0.70Yes (X)$0$0$0
BRIAN HALL
DIRECTOR0.70Yes (X)$0$0$0
ANN HAMILTON
DIRECTOR0.70Yes (X)$0$0$0
JEAN-CLAUDE KIHN
DIRECTOR0.70Yes (X)$0$0$0
CHERYL PEREZ
DIRECTOR0.70Yes (X)$0$0$0
JOHN PIGOTT
DIRECTOR0.70Yes (X)$0$0$0
MARK SAMOLCZYK
DIRECTOR0.70Yes (X)$0$0$0
CINDY TORRES ESSELL
DIRECTOR0.70Yes (X)$0$0$0
SHARON TOEREK
DIRECTOR0.70Yes (X)$0$0$0
DEBORAH YUE
DIRECTOR0.70Yes (X)$0$0$0
TODD GREEN
DIRECTOR0.70Yes (X)$0$0$0
KIPUM LEE
DIRECTOR0.70Yes (X)$0$0$0
MICHAEL OAKES
DIRECTOR0.70Yes (X)$0$0$0
DREW PURCELL
DIRECTOR0.70Yes (X)$0$0$0
JOHN RUDD
DIRECTOR0.70Yes (X)$0$0$0
HARPREET SALUJA
DIRECTOR0.70Yes (X)$0$0$0
BILL SEELBACH
DIRECTOR0.70Yes (X)$0$0$0
RAY T LEACH
CHIEF EXECUTIVE OFFICER63.00Yes (X)Yes (X)$694,496$0$47,0852.00
RICHARD E JANKURA JR
INTERIM CEO EFF 9/20230.00Yes (X)$0$0$00.00
KAREN C ADAME
CHIEF FINANCIAL OFFICER47.00Yes (X)$348,336$0$27,851
JOHN W GRACE JR
CHIEF PEOPLE & CULTURE OFF47.00Yes (X)$221,395$0$7,088
TELEANGE THOMAS
CHIEF OPERATING & RELATION47.00Yes (X)$300,513$0$15,604
HARDIK DESAI
MANAGING PTNR, INVESTING47.00$266,180$0$8,968Yes (X)
JEROLD J FRANTZ
PRESIDENT, JUMPSTART VENTURES47.00$405,935$0$29,595Yes (X)
LORNE J NOVICK
CHIEF SERVICES OFFICER47.00$203,954$0$17,572Yes (X)
KEVIN MENDELSOHN
SR VENTURE PARTNER47.00$191,590$0$6,190Yes (X)
NADINE NANA
VENTURE PARTNER47.00$162,390$0$22,603Yes (X)
MATTHEW W MILLER
MANAGING PTNR, PORTFOLIO47.00$237,235$0$23,271Yes (X)
A LAMONT MACKLEY
FORMER0.00$230,518$0$19,567Yes (X)
KYLE FRANTZ
FORMER0.00$167,224$0$5,463Yes (X)
FieldValueIRS element (for citing)
Total Reportable Comp From Org$3,429,766TotalReportableCompFromOrgAmt
Tot Reportable Comp Rltd Org$0TotReportableCompRltdOrgAmt
Total Other Compensation$230,857TotalOtherCompensationAmt
Indiv Rcvd Greater Than100 K23IndivRcvdGreaterThan100KCnt
Former Ofcr Employees ListedYes (1)FormerOfcrEmployeesListedInd
Total Comp Greater Than150 KYes (1)TotalCompGreaterThan150KInd
Compensation From Other Srcs0CompensationFromOtherSrcsInd

Contractor Compensation ContractorCompensationGrp (4 entries)

Address Line1ContractorAddress/USAddress/AddressLine1TxtCityContractorAddress/USAddress/CityNmState AbbreviationContractorAddress/USAddress/StateAbbreviationCdZIPContractorAddress/USAddress/ZIPCdServicesServicesDescCompensationCompensationAmt
ARK GROUP LLC
13842 LAKE AVELAKEWOODOH44107CONSULTING$132,000
ETHAN COHEN
22425 CANTERBURY LANESHAKER HEIGHTSOH44122CONSULTING$131,870
WCA CI2 LLC
10670 SHERWOOD TRAILCLEVELANDOH44133CONSULTING$119,595
KERRY M WELLS
1131 7TH AVE NNAPLESFL34102CONSULTING$102,275
FieldValueIRS element (for citing)
Cntrct Rcvd Greater Than100 K4CntrctRcvdGreaterThan100KCnt
Info In Schedule O Part VIIIYes (X)InfoInScheduleOPartVIIIInd
Government Grants$9,105,465GovernmentGrantsAmt
All Other Contributions$10,600,354AllOtherContributionsAmt
Total Contributions$19,705,819TotalContributionsAmt

Program Service Revenue ProgramServiceRevenueGrp (2 entries)

DescDescBusinessBusinessCdTotal Revenue ColumnTotalRevenueColumnAmtRelated Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmtUnrelated Business RevenueUnrelatedBusinessRevenueAmt
OTHER INCOME561000$1,387,201$1,387,201
SUPPORT SERVICE541519$543,472$517,222$26,250
FieldValueIRS element (for citing)
Total Program Service Revenue$1,930,673TotalProgramServiceRevenueAmt

Investment Income InvestmentIncomeGrp

FieldValueIRS element (for citing)
Total Revenue Column$969,927TotalRevenueColumnAmt
Exclusion$969,927ExclusionAmt

Gross Amount Sales Assets GrossAmountSalesAssetsGrp

FieldValueIRS element (for citing)
Other$3,866,371OtherAmt

Less Cost Oth Basis Sales Expnss LessCostOthBasisSalesExpnssGrp

FieldValueIRS element (for citing)
Other$3,887,325OtherAmt

Gain Or Loss GainOrLossGrp

FieldValueIRS element (for citing)
Other-$20,954OtherAmt

Net Gain Or Loss Investments NetGainOrLossInvestmentsGrp

FieldValueIRS element (for citing)
Total Revenue Column-$20,954TotalRevenueColumnAmt
Exclusion-$20,954ExclusionAmt

Total Revenue TotalRevenueGrp

FieldValueIRS element (for citing)
Total Revenue Column$22,585,465TotalRevenueColumnAmt
Related Or Exempt Func Income$1,904,423RelatedOrExemptFuncIncomeAmt
Unrelated Business Revenue$26,250UnrelatedBusinessRevenueAmt
Exclusion$948,973ExclusionAmt
FieldValueIRS element (for citing)
Info In Schedule O Part IXYes (X)InfoInScheduleOPartIXInd

Grants To Domestic Orgs GrantsToDomesticOrgsGrp

FieldValueIRS element (for citing)
Total$962,865TotalAmt
Program Services$962,865ProgramServicesAmt

Grants To Domestic Individuals GrantsToDomesticIndividualsGrp

FieldValueIRS element (for citing)
Total$12,000TotalAmt
Program Services$12,000ProgramServicesAmt

Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp

FieldValueIRS element (for citing)
Total$2,315,455TotalAmt
Program Services$1,528,200ProgramServicesAmt
Management And General$625,173ManagementAndGeneralAmt
Fundraising$162,082FundraisingAmt

Other Salaries And Wages OtherSalariesAndWagesGrp

FieldValueIRS element (for citing)
Total$6,032,075TotalAmt
Program Services$3,967,369ProgramServicesAmt
Management And General$1,625,520ManagementAndGeneralAmt
Fundraising$439,186FundraisingAmt

Pension Plan Contributions PensionPlanContributionsGrp

FieldValueIRS element (for citing)
Total$237,752TotalAmt
Program Services$204,467ProgramServicesAmt
Management And General$28,530ManagementAndGeneralAmt
Fundraising$4,755FundraisingAmt

Other Employee Benefits OtherEmployeeBenefitsGrp

FieldValueIRS element (for citing)
Total$1,948,012TotalAmt
Program Services$900,430ProgramServicesAmt
Management And General$867,439ManagementAndGeneralAmt
Fundraising$180,143FundraisingAmt

Payroll Taxes PayrollTaxesGrp

FieldValueIRS element (for citing)
Total$557,559TotalAmt
Program Services$479,501ProgramServicesAmt
Management And General$66,907ManagementAndGeneralAmt
Fundraising$11,151FundraisingAmt

Fees For Services Legal FeesForServicesLegalGrp

FieldValueIRS element (for citing)
Total$82,312TotalAmt
Program Services$26,340ProgramServicesAmt
Management And General$55,972ManagementAndGeneralAmt

Fees For Services Accounting FeesForServicesAccountingGrp

FieldValueIRS element (for citing)
Total$105,858TotalAmt
Program Services$33,875ProgramServicesAmt
Management And General$71,983ManagementAndGeneralAmt

Fees For Srvc Invst Mgmnt Fees FeesForSrvcInvstMgmntFeesGrp

FieldValueIRS element (for citing)
Total$222,720TotalAmt
Program Services$155,902ProgramServicesAmt
Management And General$57,909ManagementAndGeneralAmt
Fundraising$8,909FundraisingAmt

Fees For Services Other FeesForServicesOtherGrp

FieldValueIRS element (for citing)
Total$3,418,275TotalAmt
Program Services$3,113,317ProgramServicesAmt
Management And General$165,422ManagementAndGeneralAmt
Fundraising$139,536FundraisingAmt

Advertising AdvertisingGrp

FieldValueIRS element (for citing)
Total$352,234TotalAmt
Program Services$281,787ProgramServicesAmt
Management And General$70,447ManagementAndGeneralAmt

Office Expenses OfficeExpensesGrp

FieldValueIRS element (for citing)
Total$310,584TotalAmt
Program Services$155,116ProgramServicesAmt
Management And General$137,864ManagementAndGeneralAmt
Fundraising$17,604FundraisingAmt

Occupancy OccupancyGrp

FieldValueIRS element (for citing)
Total$907,153TotalAmt
Program Services$729,348ProgramServicesAmt
Management And General$139,196ManagementAndGeneralAmt
Fundraising$38,609FundraisingAmt

Travel TravelGrp

FieldValueIRS element (for citing)
Total$741,981TotalAmt
Program Services$593,585ProgramServicesAmt
Management And General$148,396ManagementAndGeneralAmt

Interest InterestGrp

FieldValueIRS element (for citing)
Total$111,895TotalAmt
Program Services$78,326ProgramServicesAmt
Management And General$29,093ManagementAndGeneralAmt
Fundraising$4,476FundraisingAmt

Depreciation Depletion DepreciationDepletionGrp

FieldValueIRS element (for citing)
Total$320,972TotalAmt
Program Services$224,680ProgramServicesAmt
Management And General$83,453ManagementAndGeneralAmt
Fundraising$12,839FundraisingAmt

Insurance InsuranceGrp

FieldValueIRS element (for citing)
Total$78,644TotalAmt
Program Services$55,051ProgramServicesAmt
Management And General$20,447ManagementAndGeneralAmt
Fundraising$3,146FundraisingAmt

Other Expenses OtherExpensesGrp (4 entries)

DescDescTotalTotalAmtProgram ServicesProgramServicesAmtManagement And GeneralManagementAndGeneralAmt
SUPPORT TO COLLABORATOR$5,348,197$5,348,197
PROGRAM EXPENSES$297,599$297,599
BAD DEBT EXPENSE$234,166$234,166
AWARDS$5,621$5,621

Total Functional Expenses TotalFunctionalExpensesGrp

FieldValueIRS element (for citing)
Total$24,603,929TotalAmt
Program Services$19,382,121ProgramServicesAmt
Management And General$4,199,372ManagementAndGeneralAmt
Fundraising$1,022,436FundraisingAmt

Cash Non Interest Bearing CashNonInterestBearingGrp

FieldValueIRS element (for citing)
BOY$2,485BOYAmt
EOY$2,435EOYAmt

Savings And Temp Cash Invst SavingsAndTempCashInvstGrp

FieldValueIRS element (for citing)
BOY$5,411,512BOYAmt
EOY$3,144,202EOYAmt

Pledges And Grants Receivable PledgesAndGrantsReceivableGrp

FieldValueIRS element (for citing)
BOY$2,576,087BOYAmt
EOY$4,737,856EOYAmt

Accounts Receivable AccountsReceivableGrp

FieldValueIRS element (for citing)
BOY$5,378,101BOYAmt
EOY$1,797,679EOYAmt

Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp

FieldValueIRS element (for citing)
BOY$383,772BOYAmt
EOY$471,100EOYAmt
FieldValueIRS element (for citing)
Land Bldg Equip Cost Or Other Bss$1,638,109LandBldgEquipCostOrOtherBssAmt
Land Bldg Equip Accum Deprec$964,061LandBldgEquipAccumDeprecAmt

Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp

FieldValueIRS element (for citing)
BOY$782,414BOYAmt
EOY$674,048EOYAmt

Investments Pub Traded Sec InvestmentsPubTradedSecGrp

FieldValueIRS element (for citing)
BOY$111,270BOYAmt
EOY$133,969EOYAmt

Investments Program Related InvestmentsProgramRelatedGrp

FieldValueIRS element (for citing)
BOY$41,898,189BOYAmt
EOY$47,552,210EOYAmt

Other Assets Total OtherAssetsTotalGrp

FieldValueIRS element (for citing)
BOY$25,812,877BOYAmt
EOY$31,740,617EOYAmt

Total Assets TotalAssetsGrp

FieldValueIRS element (for citing)
BOY$82,356,707BOYAmt
EOY$90,254,116EOYAmt

Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp

FieldValueIRS element (for citing)
BOY$4,889,369BOYAmt
EOY$2,962,554EOYAmt

Escrow Account Liability EscrowAccountLiabilityGrp

FieldValueIRS element (for citing)
BOY$95,415BOYAmt
EOY$196,512EOYAmt

Mortg Notes Pybl Scrd Invst Prop MortgNotesPyblScrdInvstPropGrp

FieldValueIRS element (for citing)
BOY$8,672,202BOYAmt
EOY$12,448,694EOYAmt

Unsecured Notes Loans Payable UnsecuredNotesLoansPayableGrp

FieldValueIRS element (for citing)
BOY$0BOYAmt
EOY$0EOYAmt

Other Liabilities OtherLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$0BOYAmt
EOY$6,164,220EOYAmt

Total Liabilities TotalLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$13,656,986BOYAmt
EOY$21,771,980EOYAmt
FieldValueIRS element (for citing)
Organization Follows FASB117Yes (X)OrganizationFollowsFASB117Ind

No Donor Restriction Net Assets NoDonorRestrictionNetAssetsGrp

FieldValueIRS element (for citing)
BOY$64,416,053BOYAmt
EOY$63,532,185EOYAmt

Donor Restriction Net Assets DonorRestrictionNetAssetsGrp

FieldValueIRS element (for citing)
BOY$4,283,668BOYAmt
EOY$4,949,951EOYAmt

Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$68,699,721BOYAmt
EOY$68,482,136EOYAmt

Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$82,356,707BOYAmt
EOY$90,254,116EOYAmt
FieldValueIRS element (for citing)
Reconcilation Revenue Expnss-$2,018,464ReconcilationRevenueExpnssAmt
Net Unrlzd Gains Losses Invst$1,800,879NetUnrlzdGainsLossesInvstAmt
Other Changes In Net Assets$0OtherChangesInNetAssetsAmt
Method Of Accounting AccrualYes (X)MethodOfAccountingAccrualInd
Accountant Compile Or Review0AccountantCompileOrReviewInd
FS AuditedYes (1)FSAuditedInd

FS Audited Basis FSAuditedBasisGrp

FieldValueIRS element (for citing)
Consolidated Basis Fincl StmtYes (X)ConsolidatedBasisFinclStmtInd
FieldValueIRS element (for citing)
Audit CommitteeYes (1)AuditCommitteeInd
Federal Grant Audit Required0FederalGrantAuditRequiredInd

Schedule A IRS990ScheduleA

FieldValueIRS element (for citing)
Public Organization170Yes (X)PublicOrganization170Ind

Gifts Grants Contri Rcvd170 GiftsGrantsContriRcvd170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$17,802,637CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$22,957,506CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$11,092,908CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$11,821,753CurrentTaxYearMinus1YearAmt
Current Tax Year$19,705,819CurrentTaxYearAmt
Total$83,380,623TotalAmt

Total Calendar Year170 TotalCalendarYear170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$17,802,637CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$22,957,506CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$11,092,908CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$11,821,753CurrentTaxYearMinus1YearAmt
Current Tax Year$19,705,819CurrentTaxYearAmt
Total$83,380,623TotalAmt
FieldValueIRS element (for citing)
Substantial Contributors Tot$21,179,044SubstantialContributorsTotAmt
Public Support Total170$62,201,579PublicSupportTotal170Amt

Gross Investment Income170 GrossInvestmentIncome170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$601,215CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$441,179CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$573,767CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$746,498CurrentTaxYearMinus1YearAmt
Current Tax Year$969,927CurrentTaxYearAmt
Total$3,332,586TotalAmt

Other Income170 OtherIncome170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$1,491,944CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$1,870,233CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$1,307,368CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$2,210,465CurrentTaxYearMinus1YearAmt
Current Tax Year$1,930,673CurrentTaxYearAmt
Total$8,810,683TotalAmt
FieldValueIRS element (for citing)
Total Support$95,523,892TotalSupportAmt
Gross Receipts Rltd Activities$8,810,683GrossReceiptsRltdActivitiesAmt
Public Support CY1700.65120PublicSupportCY170Pct
Public Support PY1700.58320PublicSupportPY170Pct
Thirty Thr Pct Suprt Tests CY170Yes (X)ThirtyThrPctSuprtTestsCY170Ind

Form990 Schedule A Part VI Form990ScheduleAPartVIGrp

FieldValueIRS element (for citing)
Form And Line ReferenceFORM 990, SCHEDULE A, PART II, LINE 10FormAndLineReferenceDesc
ExplanationIN GENERAL "OTHER INCOME" IS COMPOSED OF PROGRAM FEES AND SPONSORSHIP FEES FOR EVENTS HELD TO SUPPORT AND PROMOTE THE MISSION OF JUMPSTART. ADDITIONALLY, THIS CATEGORY INCLUDES SUB-RENTAL INCOME AND SERVICE REVENUE FROM OTHER NON-PROFIT ORGANIZATIONS, AS JUMPSTART INC. PROVIDES INFORMATION TECHNOLOGY SERVICE TO THESE ORGANIZATIONS FOR SHARED COMPONENTS OF HARDWARE, SOFTWARE, MAINTENANCE AND LICENSING AGREEMENTS.ExplanationTxt

Schedule B IRS990ScheduleB

Contributor Information ContributorInformationGrp

FieldValueIRS element (for citing)
ContributorRESTRICTEDContributorNum

Contributor Business Name ContributorBusinessName

FieldValueIRS element (for citing)
Business Name Line1RESTRICTEDBusinessNameLine1

Contributor US Address ContributorUSAddress

FieldValueIRS element (for citing)
Address Line1RESTRICTEDAddressLine1
Address Line2RESTRICTEDAddressLine2
CityRESTRICTEDCity
StateRESTRICTEDState
ZIP CodeRESTRICTEDZIPCode
FieldValueIRS element (for citing)
Total ContributionsRESTRICTEDTotalContributionsAmt

Schedule C IRS990ScheduleC

Total Direct Lobbying TotalDirectLobbyingGrp

FieldValueIRS element (for citing)
Filing Organizations Total$11,000FilingOrganizationsTotalAmt

Total Lobbying Expend TotalLobbyingExpendGrp

FieldValueIRS element (for citing)
Filing Organizations Total$11,000FilingOrganizationsTotalAmt

Other Exempt Purpose Expend OtherExemptPurposeExpendGrp

FieldValueIRS element (for citing)
Filing Organizations Total$24,592,929FilingOrganizationsTotalAmt

Total Exempt Purpose Expend TotalExemptPurposeExpendGrp

FieldValueIRS element (for citing)
Filing Organizations Total$24,603,929FilingOrganizationsTotalAmt

Lobbying Nontaxable Amount LobbyingNontaxableAmountGrp

FieldValueIRS element (for citing)
Filing Organizations Total$1,000,000FilingOrganizationsTotalAmt

Grassroots Nontaxable GrassrootsNontaxableGrp

FieldValueIRS element (for citing)
Filing Organizations Total$250,000FilingOrganizationsTotalAmt

Tot Lbbyng Grassroot Mns Non Tx TotLbbyngGrassrootMnsNonTxGrp

FieldValueIRS element (for citing)
Filing Organizations Total$0FilingOrganizationsTotalAmt

Tot Lbby Expend Mns Lbbyng Non Tx TotLbbyExpendMnsLbbyngNonTxGrp

FieldValueIRS element (for citing)
Filing Organizations Total$0FilingOrganizationsTotalAmt

Avg Lobbying Nontaxable Amount AvgLobbyingNontaxableAmountGrp

FieldValueIRS element (for citing)
Current Year Minus3$1,000,000CurrentYearMinus3Amt
Current Year Minus2$1,000,000CurrentYearMinus2Amt
Current Year Minus1$1,000,000CurrentYearMinus1Amt
Current Year$1,000,000CurrentYearAmt
Total$4,000,000TotalAmt
FieldValueIRS element (for citing)
Lobbying Ceiling$6,000,000LobbyingCeilingAmt

Avg Total Lobbying Expend AvgTotalLobbyingExpendGrp

FieldValueIRS element (for citing)
Current Year Minus3$69,500CurrentYearMinus3Amt
Current Year Minus2$72,000CurrentYearMinus2Amt
Current Year Minus1$17,000CurrentYearMinus1Amt
Current Year$11,000CurrentYearAmt
Total$169,500TotalAmt

Avg Grassroots Nontaxable AvgGrassrootsNontaxableGrp

FieldValueIRS element (for citing)
Current Year Minus3$250,000CurrentYearMinus3Amt
Current Year Minus2$250,000CurrentYearMinus2Amt
Current Year Minus1$250,000CurrentYearMinus1Amt
Current Year$250,000CurrentYearAmt
Total$1,000,000TotalAmt
FieldValueIRS element (for citing)
Grassroots Ceiling$1,500,000GrassrootsCeilingAmt

Supplemental Information Detail SupplementalInformationDetail

FieldValueIRS element (for citing)
Form And Line ReferenceSCH C, PART II-A, LINE 1B TOTAL LOBBYING EXPENSESFormAndLineReferenceDesc
ExplanationTOTAL LOBBYING EXPENSES INCLUDE $7,000 PAID TO THE NATIONAL VENTURE CAPITAL ASSOCIATION IN SUPPORT OF ADVOCACY EFFORTS FOR ENTREPRENEURSHIP AND $4,000 PAID TO STATE SCIENCE AND TECHNOLOGY INSTITUTE TO STRENGTHEN INITIATIVES THAT CREATE A BETTER FUTURE THROUGH SCIENCE, TECHNOLOGY, INNOVATION, AND ENTREPRENEURSHIP.ExplanationTxt

Schedule D IRS990ScheduleD

FieldValueIRS element (for citing)
Agent Trustee Etc0AgentTrusteeEtcInd
Beginning Balance$95,415BeginningBalanceAmt
Additions During Year$101,097AdditionsDuringYearAmt
Ending Balance$196,512EndingBalanceAmt
Incl Escrow Custodial Acct LiabYes (1)InclEscrowCustodialAcctLiabInd
Explanation ProvidedYes (X)ExplanationProvidedInd

Equipment EquipmentGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$1,605,709OtherCostOrOtherBasisAmt
Depreciation$964,061DepreciationAmt
Book Value$641,648BookValueAmt

Other Land Buildings OtherLandBuildingsGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$32,400OtherCostOrOtherBasisAmt
Book Value$32,400BookValueAmt
FieldValueIRS element (for citing)
Total Book Value Land Buildings$674,048TotalBookValueLandBuildingsAmt

Invst Program Related Org InvstProgramRelatedOrgGrp (4 entries)

DescDescBook ValueBookValueAmtMethod ValuationMethodValuationCd
PREFERRED STOCK$42,789,597F
NOTES RECEIVABLE$4,512,513F
NR - CURRENT PORTION$250,000F
NCAF$100C
FieldValueIRS element (for citing)
Total Book Value Program Rltd$47,552,210TotalBookValueProgramRltdAmt

Other Assets Org OtherAssetsOrgGrp (2 entries)

DescDescBook ValueBookValueAmt
BENEFICIAL INTEREST IN THE CLEVELAND FOUNDATION$25,576,397
RIGHT OF USE ASSETS$6,164,220
FieldValueIRS element (for citing)
Total Book Value Other Assets$31,740,617TotalBookValueOtherAssetsAmt

Other Liabilities Org OtherLiabilitiesOrgGrp

FieldValueIRS element (for citing)
DescLEASE LIABILITYDesc
Amt$6,164,220Amt
FieldValueIRS element (for citing)
Total Liability$6,164,220TotalLiabilityAmt
Footnote TextYes (X)FootnoteTextInd

Supplemental Information Detail SupplementalInformationDetail (2 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
PART IV, LINE 2B:DURING 2021, JUMPSTART WAS AWARDED $300,000 IN FISCAL AGENCY SUPPORT TO BE MANAGED AND DISBURSED IN FUTURE PERIODS. ADDITIONAL AWARDS WERE ISSUED IN 2023.
PART X, LINE 2:THE PROVISIONS OF "ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES" PRESCRIBE A RECOGNITION THRESHOLD AND A MEASUREMENT ATTRIBUTE FOR FINANCIAL STATEMENT RECOGNITION AND MEASUREMENT OF TAX POSITIONS TAKEN OR EXPECTED TO BE TAKEN IN A TAX RETURN. FOR THOSE BENEFITS TO BE RECOGNIZED, A TAX POSITION MUST BE MORE-LIKELY-THAN-NOT TO BE SUSTAINED UPON EXAMINATION BY TAXING AUTHORITIES. THE AMOUNT RECOGNIZED IS MEASURED AS THE AMOUNT OF BENEFIT THAT IS GREATER THAN 50% LIKELY OF BEING REALIZED UPON ULTIMATE SETTLEMENT. JUMPSTART RECOGNIZES INTEREST AND PENALTIES ACCRUED, IF ANY, RELATED TO UNRECOGNIZED TAX UNCERTAINTIES IN INCOME TAX EXPENSE. JUMPSTART DETERMINED THAT THERE ARE NO MATERIAL UNCERTAIN TAX POSITIONS.

Schedule I IRS990ScheduleI

FieldValueIRS element (for citing)
Grant Records MaintainedYes (1)GrantRecordsMaintainedInd

Recipient Table RecipientTable (19 entries)

Address Line1USAddress/AddressLine1TxtCityUSAddress/CityNmState AbbreviationUSAddress/StateAbbreviationCdZIPUSAddress/ZIPCdRecipient EINRecipientEINIRC SectionIRCSectionDescCash GrantCashGrantAmtNon Cash AssistanceNonCashAssistanceAmtPurpose Of GrantPurposeOfGrantTxt
ASSETS TOLEDO
2200 JEFFERSON AVETOLEDOOH43604311656341501C3$12,500$0ECONOMIC DEVELOPMENT
CENTER FOR INNOVATIVE FOOD TECHNOLOGY
5555 AIRPORT HIGHWAYTOLEDOOH43615341565585501C3$10,000$0ECONOMIC DEVELOPMENT
ECON & COMM DEV INST ECDI
1655 OLD LEONARD AVENUECOLUMBUSOH43219311145544501C3$7,500$0ECONOMIC DEVELOPMENT
HISPANIC BUSINESS CENTER
2511 CLARK AVECLEVELANDOH44109341805510501C3$250,000$0ECONOMIC DEVELOPMENT
INCLUSIVE FOR WOMEN
425 JEFFERSON AVE 3RD FLOORTOLEDOOH43604473035322501C3$15,000$0ECONOMIC DEVELOPMENT
NORTHWEST OHIO HISPANIC CHAMBER OF COMMERCE
10802 WATERVILLE STWHITEHOUSEOH43571760838127$20,000$0BUSINESS SUPPORT
TOLEDO REGIONAL CHAMBER
300 MADISON AVE STE 200TOLEDOOH43604344374780501C3$35,000$0ECONOMIC DEVELOPMENT
AMAYSING KIDS
6254 TIMBERSIDE DRTOLEDOOH43615862720248$10,000$0BUSINESS SUPPORT
GOURMET GIRL CUSTOM CAKES
2361 TRAYMORE RDUNIVERSITY HEIGHTSOH44118474459656$11,000$0BUSINESS SUPPORT
GREATER CLEVELAND PARTNERSHIP
1240 HURON RD SUITE 300CLEVELANDOH44115346528498501C3$25,000$0ECONOMIC DEVELOPMENT
ISLAY CAKES
204 WELLS COURTEUCLIDOH44132822959529$35,500$0BUSINESS SUPPORT
IT'S WRAP
7600 EXCHANGE STREETCLEVELANDOH44120841965777$11,000$0BUSINESS SUPPORT
LARCHMERE FIRE WORKS
12406 LARCHMERE BLVDCLEVELANDOH44120475124752$10,000$0BUSINESS SUPPORT
LAVISH ME BY ADORE LLC
38210 BAINBRIDGE ROADSOLONOH44139863578374$10,000$0BUSINESS SUPPORT
LIAISON MEDIA
14950 DELAWARE AVELAKEWOODOH44107852858854$27,000$0BUSINESS SUPPORT
OLIVIA ROSE CONFECTIONS LLC
15705 VAN AKEN BLVD APT 9SHAKER HEIGHTSOH44120455621720$25,000$0BUSINESS SUPPORT
RHONDA CROWDER AND ASSOCIATES
1465 EAST 112TH STCLEVELANDOH44106452443809$12,500$0BUSINESS SUPPORT
TOLEDO CUSTOM APPAREL
3270 RULO ROADTOLEDOOH43613872190787$10,000$0BUSINESS SUPPORT
UNION MILES DEVELOPMENT CORPORATION
4127 E 131ST STE 100CLEVELANDOH44105341336972501C3$10,000$0ECONOMIC DEVELOPMENT

Grants Other Asst To Indiv In US GrantsOtherAsstToIndivInUSGrp

FieldValueIRS element (for citing)
Grant TypeBUSINESS SUPPORT GRANTS FOR INNER CITY BUSINESSESGrantTypeTxt
Cash Grant$12,000CashGrantAmt

Supplemental Information Detail SupplementalInformationDetail (2 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
FORM 990, SCHEDULE I, PART IIIGRANTS TO INDIVIDUALS ARE MADE AS PART OF JUMPSTART INCLUSION PROGRAMS TO PROMOTE BUSINESS GROWTH AND ECONOMIC DEVELOPMENT THROUGH THE SMALL BUSINESS PROGRAM. DECISIONS ARE MADE AS DESCRIBED IN SCH I PART IV FOR THE VISIBLE VOICE PROGRAM AND SMALL BUSINESS IMPACT PROGRAM. PLEASE REFER TO THE ADDITIONAL DISCLOSURE IN THIS SECTION.
FORM 990, SCHEDULE I, PART IVGRANTS TO ORGANIZATIONS ARE MADE FOR JUMPSTART INCLUSION PROGRAMS, CONSISTING OF THE SMALL BUSINESS PROGRAM. GRANTS TO INDIVIDUALS WERE FOR JUMPSTART INCLUSION ACTIVITIES FROM THE SMALL BUSINESS PROGRAM. THE SMALL BUSINESS PROGRAM HAS THREE PROCESSES TO DETERMINE AWARDEES AND AMOUNTS AWARDED. ONE PROCESS IS FOR THE BUSINESS GROWTH COLLABORATIVE WHICH IS GOVERNED BY AN ADVISORY BOARD WHO REVIEWS ORGANIZATION APPLICATION PROPOSALS FOR CLIENT SERVICES WITH THE PARTICIPATION OF JUMPSTART STAFF. THE VISIBLE VOICE PROGRAM IS A DONOR DRIVEN PROGRAM WHICH ALONG WITH JUMPSTART STAFF MAKE RECOMMENDATIONS. THE SMALL BUSINESS IMPACT PROGRAM IS MANAGED BY JUMPSTART STAFF WHO EVALUATE PROGRAM APPLICANTS TWICE A YEAR. CHOOSING COMPANIES TO PARTICIPATE IN TWO COHORT CLASSES PER YEAR WHO RECEIVE AWARDS BASED UPON JUDGES DECISIONS.

Schedule J IRS990ScheduleJ

FieldValueIRS element (for citing)
Club Dues Or FeesYes (X)ClubDuesOrFeesInd
Written Policy Ref T And E Expnss0WrittenPolicyRefTAndEExpnssInd
Substantiation RequiredYes (1)SubstantiationRequiredInd
Compensation CommitteeYes (X)CompensationCommitteeInd
Independent ConsultantYes (X)IndependentConsultantInd
Form990 Of Other OrganizationsYes (X)Form990OfOtherOrganizationsInd
Compensation SurveyYes (X)CompensationSurveyInd
Board Or Committee ApprovalYes (X)BoardOrCommitteeApprovalInd
Severance Payment0SeverancePaymentInd
Supplemental Nonqual Rtr Plan0SupplementalNonqualRtrPlanInd
Equity Based Comp Arrngm0EquityBasedCompArrngmInd
Comp Based On Revenue Of Flng Org0CompBasedOnRevenueOfFlngOrgInd
Comp Bsd On Rev Related Orgs0CompBsdOnRevRelatedOrgsInd
Comp Bsd Net Earns Flng Org0CompBsdNetEarnsFlngOrgInd
Comp Bsd Net Earns Rltd Orgs0CompBsdNetEarnsRltdOrgsInd
Any Non Fixed Payments0AnyNonFixedPaymentsInd
Initial Contract Exception0InitialContractExceptionInd

Rltd Org Officer Trst Key Empl RltdOrgOfficerTrstKeyEmplGrp (12 entries)

TitleTitleTxtBase Compensation Filing OrgBaseCompensationFilingOrgAmtCompensation Based On Rltd OrgsCompensationBasedOnRltdOrgsAmtBonus Filing OrganizationBonusFilingOrganizationAmountBonus Related OrganizationsBonusRelatedOrganizationsAmtOther Compensation Filing OrgOtherCompensationFilingOrgAmtOther Compensation Rltd OrgsOtherCompensationRltdOrgsAmtDeferred Compensation Flng OrgDeferredCompensationFlngOrgAmtDeferred Comp Rltd OrgsDeferredCompRltdOrgsAmtNontaxable Benefits Filing OrgNontaxableBenefitsFilingOrgAmtNontaxable Benefits Rltd OrgsNontaxableBenefitsRltdOrgsAmtTotal Compensation Filing OrgTotalCompensationFilingOrgAmtTotal Compensation Rltd OrgsTotalCompensationRltdOrgsAmtComp Report Prior990 Filing OrgCompReportPrior990FilingOrgAmtComp Report Prior990 Rltd OrgsCompReportPrior990RltdOrgsAmt
RAY T LEACH
CHIEF EXECUTIVE OFFICER$346,902$0$346,942$0$652$0$26,939$0$20,146$0$741,581$0$0$0
JEROLD J FRANTZ
PRESIDENT, JUMPSTART VENTURES$243,496$0$161,411$0$1,028$0$12,497$0$17,098$0$435,530$0$0$0
KAREN C ADAME
CHIEF FINANCIAL OFFICER$207,319$0$139,989$0$1,028$0$10,769$0$17,082$0$376,187$0$0$0
TELEANGE THOMAS
CHIEF OPERATING & RELATION$259,333$0$41,012$0$168$0$9,128$0$6,476$0$316,117$0$0$0
HARDIK DESAI
MANAGING PTNR, INVESTING$230,657$0$35,364$0$159$0$7,968$0$1,000$0$275,148$0$0$0
MATTHEW W MILLER
MANAGING PTNR, PORTFOLIO$200,762$0$35,364$0$1,109$0$7,400$0$15,871$0$260,506$0$0$0
A LAMONT MACKLEY
FORMER$194,788$0$33,596$0$2,134$0$7,068$0$12,499$0$250,085$0$0$0
JOHN W GRACE JR
CHIEF PEOPLE & CULTURE OFF$194,583$0$26,670$0$142$0$6,638$0$450$0$228,483$0$0$0
LORNE J NOVICK
CHIEF SERVICES OFFICER$176,375$0$27,579$0$0$0$6,293$0$11,279$0$221,526$0$0$0
KEVIN MENDELSOHN
SR VENTURE PARTNER$173,605$0$17,739$0$246$0$5,740$0$450$0$197,780$0$0$0
NADINE NANA
VENTURE PARTNER$147,862$0$14,310$0$218$0$5,259$0$17,344$0$184,993$0$0$0
KYLE FRANTZ
FORMER$158,790$0$8,295$0$139$0$5,013$0$450$0$172,687$0$0$0

Supplemental Information Detail SupplementalInformationDetail (2 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
PART I, LINE 1ATHE ORGANIZATION IS A MEMBER OF THE UNION CLUB OF CLEVELAND, AS A CONVENIENCE FOR USE OF MEETING EXECUTIVES, FOUNDATION HEADS AND OTHER INFLUENTIAL PERSONS. EXPENSES PAID TO THE UNION CLUB WERE GENERALLY LIMITED TO THE MONTHLY DUES OF THE CLUB. THE FACILITY WAS USED SPARINGLY FOR LUNCHEON MEETINGS. THE MEMBERSHIP MUST BE IN THE NAME OF A PERSON AND THEREFORE THE MEMBERSHIP HAS BEEN DESIGNATED TO THE CEO RAY LEACH.
SCHEDULE J, PART II, BONUS & INCENTIVE COMPENSATIONIN 2022, THE ORGANIZATION PAID AMOUNTS EARNED FROM A LONG-TERM INCENTIVE PROGRAM WHICH IS INCLUDED IN THE BONUS AND INCENTIVE COMPENSATION.

Schedule O IRS990ScheduleO

Supplemental Information Detail SupplementalInformationDetail (8 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
FORM 990, PART VI, SECTION A, LINE 6JUMPSTART'S SOLE MEMBERS ARE TEAMNEO AND CASE WESTERN RESERVE UNIVERSITY WHO MAY APPOINT ONE TRUSTEE PER EACH MEMBER TO THE BOARD OF DIRECTORS.
FORM 990, PART VI, SECTION A, LINE 7AREFER TO RESPONSE REGARDING TEAM MEMBERS.
FORM 990, PART VI, SECTION B, LINE 11BPROCESS USED TO REVIEW THE FORM 990: COPIES OF THE COMPLETED FORMS ARE PROVIDED TO THE MEMBERS OF THE FINANCE AND AUDIT COMMITTEE AND A MEETING IS HELD PRIOR TO THE FILING OF THE RETURNS. THE CHIEF FINANCIAL OFFICER AND THE VICE PRESIDENT, FINANCE PRESENT THE RETURNS FOR REVIEW AND COMMENT BY THE COMMITTEE. THE AUDITORS PREPARE THE RETURN AND ARE INVITED TO THE MEETING WITH ATTENDANCE AT THEIR DISCRETION. ALL PERTINENT FORM RESPONSES AND FINANCIAL SCHEDULES ARE PRESENTED FOR COMMENT AND EXPLANATION. UPON FULL REVIEW AND APPROVAL BY THE COMMITTEE THE RETURNS ARE SHARED WITH THE FULL BOARD OF DIRECTORS AND APPROVED FOR FILING, WHICH WILL TAKE PLACE ON A TIMELY BASIS SUBSEQUENT TO THE APPROVAL.
FORM 990, PART VI, SECTION B, LINE 12CCOMPLIANCE WITH CONFLICT OF INTEREST POLICY: JUMPSTART STAFF AND BOARD OF DIRECTORS FOLLOW ITS CONFLICT OF INTEREST PROCEDURE THROUGHOUT THE YEAR. AFTER AN INITIAL REVIEW BY THE CHIEF FINANCIAL OFFICER, THE FINANCE/AUDIT COMMITTEE OF THE BOARD OF DIRECTORS REVIEWS ALL STAFF AND BOARD CONFLICT OF INTEREST DISCLOSURE FORMS TO DETERMINE ANY THAT MAY WARRANT FURTHER INVESTIGATION OR INTERNAL CONTROL STEPS. IN THE EVENT THERE ARE ANY, THESE STEPS ARE COMMUNICATED TO THE BOARD AND STAFF SO THAT ALL ARE AWARE OF ANY POTENTIAL CONFLICTS THAT COULD ARISE DURING THE NORMAL COURSE OF BUSINESS. IF THE CONFLICT IS SUCH THAT AN INDIVIDUAL IS DEEMED TO BE TERMINALLY CONFLICTED, THEN THAT PERSON MUST RESOLVE THE CONFLICT WHICH COULD MEAN STEPS UP TO AND INCLUDING RESIGNATION FROM THE BOARD OF DIRECTORS OR EMPLOYMENT WITH JUMPSTART INC. THE MOST LIKELY SITUATION FOR AN INDIVIDUAL IS A PERCEIVED CONFLICT OF INTEREST WHICH RESULTS IN THAT INDIVIDUAL DISCLOSING THIS SITUATION DURING THE NORMAL COURSE OF BUSINESS, AND SUBSEQUENTLY RECUSING THEMSELVES FROM A VOTE OR DECISION OF THE ORGANIZATION. THE ORGANIZATION AND ITS STAFF HAS A HISTORY OF ACTIVE MONITORING OF SUCH SITUATIONS. IN THE CASE OF THE BOARD OF DIRECTORS AND ITS COMMITTEES, THE MINUTES FROM MEETINGS AND VOTING RECORDS IDENTIFY WHEN A MEMBER RECUSES THEMSELVES DUE TO PERCEIVED CONFLICTS OF INTEREST. IN THE CASE OF STAFF, IT IS COMMON FOR AN EMPLOYEE TO CONTACT THEIR SUPERVISOR AND THE CHIEF FINANCIAL OFFICER WHEN A QUESTION ARISES. THE ISSUE IS DISCUSSED AND IN MOST CASES THE CHIEF FINANCIAL OFFICER PROVIDES THE EMPLOYEE WITH AN INTERPRETATION AND INSTRUCTIONS ON HOW TO PROCEED BASED UPON THE DESCRIPTION OF THE SITUATION. THESE ACTIVITIES TAKE PLACE VIA CONVERSATIONS AS WELL AS DIGITALLY AT TIMES USING E-MAIL. IF A SITUATION IS COMPLEX OR UNCLEAR, IT IS ELEVATED TO THE FINANCE/AUDIT COMMITTEE FOR A DECISION WITH E-MAIL BEING THE USUAL VEHICLE TO DO SO. THE ORGANIZATION ALSO CONDUCTS ANNUAL TRAINING ON COMPLIANCE WITH OUR CONFLICT OF INTEREST POLICES AND EDUCATES NEW EMPLOYEES DURING ORIENTATION ON ALL INTERNAL CONTROLS RELATED TO CONFLICT OF INTEREST, ETHICS, WHISTLEBLOWERS, FRAUD PREVENTION AND ACCOUNTING POLICIES.
FORM 990, PART VI, SECTION B, LINE 15DETERMINING COMPENSATION OF CEO, EXECUTIVE DIRECTOR, OR TOP MANAGEMENT OFFICIAL: THE COMPENSATION COMMITTEE OF JUMPSTART'S BOARD OF DIRECTORS IS RESPONSIBLE FOR APPROVING THE ENTIRE ORGANIZATION'S COMPENSATION EACH YEAR. THE COMPENSATION COMMITTEE IS MADE UP OF INDEPENDENT BOARD DIRECTORS AND NO ORGANIZATION STAFF. FOR THE SENIOR STAFF OF THE ORGANIZATION, THE COMMITTEE GATHERS COMPARABLE SALARY DATA FROM SIMILAR ORGANIZATIONS AS WELL AS BUDGET INFORMATION FOR THESE. ANNUAL SALARY AND PERFORMANCE COMPENSATION SURVEY RESULTS PUBLISHED BY PROFESSIONAL STAFFING ORGANIZATIONS IS USED BY THE COMMITTEE. ADDITIONALLY, THE COMMITTEE HAS ENGAGED WITH OUTSIDE COMPENSATION CONSULTANTS PERIODICALLY TO PERFORM A COMPENSATION ANALYSIS. THE SALARY AND PERFORMANCE COMPENSATION HISTORY FOR ANY POSITION BEING EVALUATED IS ALSO SHARED WITH THE COMMITTEE SO THAT THE HISTORICAL TOTAL COMPENSATION PROGRESSION CAN BE TAKEN INTO ACCOUNT WHEN CONSIDERING ANY CHANGES GOING FORWARD. THE COMMITTEE ANALYZES ALL DATA AND MEETS WITH THE JUMPSTART CEO TO GAIN AN UNDERSTANDING OF THE ORGANIZATION'S RECOMMENDED SALARY FOR THE NEXT BUDGET YEAR BASED ON ALL FACTORS INCLUDING ACHIEVEMENT OF INDIVIDUAL AND ORGANIZATIONAL OBJECTIVES, SUPERVISORY REVIEWS AND RECOMMENDATIONS, AND ANY OTHER CIRCUMSTANCES PRESENTED. ONCE THIS IS DONE, THE COMMITTEE RETREATS AND INDEPENDENTLY RENDERS ITS RECOMMENDATION FOR COMPENSATION FOR ALL STAFF AND COMMUNICATES THAT RECOMMENDATION TO THE CEO AND INDEPENDENTLY TO THE PAYROLL DEPARTMENT OF THE ORGANIZATION.
FORM 990, PART VI, SECTION C, LINE 19THE ORGANIZATION SHARES INFORMATION THAT FALLS WITHIN PARAMETERS AGREED UPON BY OUR FUNDERS, CLIENTS AND PORTFOLIO COMPANIES. THE MOST RECENTLY FILED FORM 990 IS POSTED ON JUMPSTART'S WEBSITE. GOVERNING DOCUMENTS AND POLICIES ARE NOT GENERALLY AVAILABLE TO THE GENERAL PUBLIC, ALTHOUGH THE OHIO SECRETARY OF STATE WEBSITE PROVIDES PUBLIC ACCESS TO JUMPSTART'S GOVERNING DOCUMENTS.
PART VIIISTATEMENT OF REVENUE INVESTMENT VALUATION: INVESTMENT VALUATION IS INCLUDED AS SERVICE REVENUE FOR JUMPSTART REPRESENTS THE NET REALIZED AND UNREALIZED GAINS (LOSSES) ON PREFERRED STOCK AND NOTES RECEIVABLE. JUMPSTART AS PART OF ITS NORMAL OPERATIONS, RECEIVES FUNDING WHICH IN TURN IS INVESTED IN HIGH GROWTH POTENTIAL BUSINESSES.
FORM 990, PART IX, LINE 11GCONSULTANTS/STUDENTS/TEMP SERVICES: PROGRAM SERVICE EXPENSES 3,113,317. MANAGEMENT AND GENERAL EXPENSES 165,422. FUNDRAISING EXPENSES 139,536. TOTAL EXPENSES 3,418,275.

Schedule R IRS990ScheduleR

Id Related Org Txbl Partnership IdRelatedOrgTxblPartnershipGrp (9 entries)

Address Line1USAddress/AddressLine1TxtCityUSAddress/CityNmState AbbreviationUSAddress/StateAbbreviationCdZIPUSAddress/ZIPCdEINEINPrimary ActivitiesPrimaryActivitiesTxtLegal Domicile StateLegalDomicileStateCdShare Of Total IncomeShareOfTotalIncomeAmtShare Of EOY AssetsShareOfEOYAssetsAmtDisproportionate AllocationsDisproportionateAllocationsIndGeneral Or Managing PartnerGeneralOrManagingPartnerIndOwnershipOwnershipPct
NCAF MANAGEMENT LLC
2940 KINGSLEY ROADSHAKER HEIGHTSOH44122205287463INVESTMENT MANAGEMENTOH-$2,032-$6,8760Yes (1)1.00000
NCAF MANAGEMENT II LLC
2940 KINGSLEY ROADSHAKER HEIGHTSOH44122273132457INVESTMENT MANAGEMENTOH-$176,955$496,2900Yes (1)1.00000
JNF MANAGEMENT LLC
6701 CARNEGIE STE 100CLEVELANDOH44103464347322INVESTMENT MANAGEMENTOH00
NCAF MANAGEMENT III LLC
2940 KINGSLEY ROADSHAKER HEIGHTSOH44122475328652INVESTMENT MANAGEMENTOH-$171,388$812,0040Yes (1)1.00000
NEXT FUND LLC
6701 CARNEGIE STE 100CLEVELANDOH44103273815350INVESTMENT MANAGEMENTOH-$409$908,927000.03600
NORTH COAST ANGEL FUND III LLC
2940 KINGSLEY ROADSHAKER HEIGHTSOH44122471678683INVESTMENT MANAGEMENTOH$75,498000.01970
JUMPSTART NEXT FUND LLC - CUYAHOGA CTY
6701 CARNEGIE STE 100CLEVELANDOH44103273815350INVESTMENT MANAGEMENTOH-$1,917$1,797,103000.16840
JNF MANAGEMENT II LLC
6701 CARNEGIE STE 100CLEVELANDOH44103863859854INVESTMENT MANAGEMENTOH001.00000
JUMPSTART NEXT FUND II LLC
6701 CARNEGIE STE 100CLEVELANDOH44103863875010INVESTMENT MANAGEMENTOH000.36520

Id Related Org Txbl Corp Tr IdRelatedOrgTxblCorpTrGrp

Related Organization Name RelatedOrganizationName

FieldValueIRS element (for citing)
Business Name Line1JUMPSTART ENTERPRISES INCBusinessNameLine1Txt

US Address USAddress

FieldValueIRS element (for citing)
Address Line16701 CARNEGIE STE 100AddressLine1Txt
CityCLEVELANDCityNm
State AbbreviationOHStateAbbreviationCd
ZIP44103ZIPCd
FieldValueIRS element (for citing)
EIN871769404EIN
Primary ActivitiesHOLDING COMPANYPrimaryActivitiesTxt
Legal Domicile StateOHLegalDomicileStateCd
Entity TypeCEntityTypeTxt
Share Of Total Income$84,159ShareOfTotalIncomeAmt
Share Of EOY Assets$2,801,360ShareOfEOYAssetsAmt
Ownership1.00000OwnershipPct
Controlled Organization0ControlledOrganizationInd
FieldValueIRS element (for citing)
Receipt Of Int Annts Rnts Rylts0ReceiptOfIntAnntsRntsRyltsInd
Gift Grnt Or Cap Contri To Oth Org0GiftGrntOrCapContriToOthOrgInd
Gift Grnt Cap Contri From Oth Org0GiftGrntCapContriFromOthOrgInd
Loans Or Guarantees To Other Org0LoansOrGuaranteesToOtherOrgInd
Loans Or Guarantees From Oth Org0LoansOrGuaranteesFromOthOrgInd
Div Related Organization0DivRelatedOrganizationInd
Asset Sale To Other Org0AssetSaleToOtherOrgInd
Asset Purchase From Other Org0AssetPurchaseFromOtherOrgInd
Asset Exchange0AssetExchangeInd
Rental Of Facilities To Oth Org0RentalOfFacilitiesToOthOrgInd
Rental Of Fclts From Oth Org0RentalOfFcltsFromOthOrgInd
Perform Of Services For Oth Org0PerformOfServicesForOthOrgInd
Perform Of Services By Other Org0PerformOfServicesByOtherOrgInd
Sharing Of Facilities0SharingOfFacilitiesInd
Paid Employees SharingYes (1)PaidEmployeesSharingInd
Reimbursement Paid To Other Org0ReimbursementPaidToOtherOrgInd
Reimbursement Paid By Other Org0ReimbursementPaidByOtherOrgInd
Transfer To Other OrgYes (1)TransferToOtherOrgInd
Transfer From Other Org0TransferFromOtherOrgInd

Transactions Related Org TransactionsRelatedOrgGrp

Other Organization Name OtherOrganizationName

FieldValueIRS element (for citing)
Business Name Line1NCAF MANAGEMENT III LLCBusinessNameLine1Txt
FieldValueIRS element (for citing)
Transaction TypeRTransactionTypeTxt
Method Of Amount DeterminationCASH BASISMethodOfAmountDeterminationTxt

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