JUMPSTART INC: Form 990, tax year 2015
View the entire original 990 at ProPublica ↗
- Organization
- JUMPSTART INC (EIN 34-1398522)
- Tax period
- 2015-07-01 to 2016-06-30
- Filed
- 2017-02-14
- IRS object ID
- 201710459349300831
- Schema version
- 2015v3.0
- 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
- Form 990
- Schedule A
- Schedule B
- Schedule C
- Schedule D
- Schedule G
- Schedule J
- Schedule O
- Schedule R
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2017-02-14T08:55:58-06:00 | ReturnTs |
| Tax Period End | 2016-06-30 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 341818258 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Meaden & Moore Ltd | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1100 Superior Avenue Suite 1100 | AddressLine1Txt |
| City | Cleveland | CityNm |
| State Abbreviation | OH | StateAbbreviationCd |
| ZIP | 441142523 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990 | ReturnTypeCd |
| Tax Period Begin | 2015-07-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 341398522 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | JumpStart Inc | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | JUMP | BusinessNameControlTxt |
| Phone | 2163633400 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 6701 Carnegie Avenue No 100 | AddressLine1Txt |
| City | Cleveland | CityNm |
| State Abbreviation | OH | StateAbbreviationCd |
| ZIP | 44103 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | Ray T Leach | PersonNm |
| Person Title | Chief Executive Officer | PersonTitleTxt |
| Phone | 2163633400 | PhoneNum |
| Signature | 2017-02-07 | SignatureDt |
| Discuss With Paid Preparer | Yes (1) | DiscussWithPaidPreparerInd |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | Karen B Cooney | PreparerPersonNm |
| PTIN | P00285983 | PTIN |
| Phone | 2162413272 | PhoneNum |
| Preparation | 2017-02-07 | PreparationDt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2015 | TaxYr |
| Build TS | 2017-02-10 21:41:12Z | BuildTS |
Form 990 IRS990
| Field | Value | IRS element (for citing) |
|---|---|---|
| Principal Officer | Ray T Leach | PrincipalOfficerNm |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 6701 Carnegie Avenue No 100 | AddressLine1Txt |
| City | Cleveland | CityNm |
| State Abbreviation | OH | StateAbbreviationCd |
| ZIP | 44103 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | $12,524,620 | GrossReceiptsAmt |
| Group Return For Affiliates | 0 | GroupReturnForAffiliatesInd |
| Organization501c3 | Yes (X) | Organization501c3Ind |
| Website Address | www.jumpstart.org | WebsiteAddressTxt |
| Type Of Organization Corp | Yes (X) | TypeOfOrganizationCorpInd |
| Formation | 1983 | FormationYr |
| Legal Domicile State | OH | LegalDomicileStateCd |
| Activity Or Mission | To accelerate the progress of high potential, early-stage businesses, improve success in achieving goals & raising capital resulting in job creation & growth in northeast Ohio. | ActivityOrMissionDesc |
| Voting Members Governing Body | 29 | VotingMembersGoverningBodyCnt |
| Voting Members Independent | 28 | VotingMembersIndependentCnt |
| Total Employee | 79 | TotalEmployeeCnt |
| Total Volunteers | 72 | TotalVolunteersCnt |
| Total Gross UBI | $0 | TotalGrossUBIAmt |
| Net Unrelated Bus Txbl Incm | $0 | NetUnrelatedBusTxblIncmAmt |
| PY Contributions Grants | $9,032,955 | PYContributionsGrantsAmt |
| CY Contributions Grants | $9,236,591 | CYContributionsGrantsAmt |
| PY Program Service Revenue | $1,860,512 | PYProgramServiceRevenueAmt |
| CY Program Service Revenue | $1,912,318 | CYProgramServiceRevenueAmt |
| PY Investment Income | $7,235,697 | PYInvestmentIncomeAmt |
| CY Investment Income | $838,676 | CYInvestmentIncomeAmt |
| PY Other Revenue | $0 | PYOtherRevenueAmt |
| CY Other Revenue | -$113,780 | CYOtherRevenueAmt |
| PY Total Revenue | $18,129,164 | PYTotalRevenueAmt |
| CY Total Revenue | $11,873,805 | CYTotalRevenueAmt |
| PY Grants And Similar Paid | $0 | PYGrantsAndSimilarPaidAmt |
| CY Grants And Similar Paid | $0 | CYGrantsAndSimilarPaidAmt |
| PY Benefits Paid To Members | $0 | PYBenefitsPaidToMembersAmt |
| CY Benefits Paid To Members | $0 | CYBenefitsPaidToMembersAmt |
| PY Salaries Comp Emp Bnft Paid | $5,323,645 | PYSalariesCompEmpBnftPaidAmt |
| CY Salaries Comp Emp Bnft Paid | $5,784,816 | CYSalariesCompEmpBnftPaidAmt |
| PY Total Prof Fndrsng Expns | $0 | PYTotalProfFndrsngExpnsAmt |
| CY Total Prof Fndrsng Expns | $0 | CYTotalProfFndrsngExpnsAmt |
| CY Total Fundraising Expense | $211,060 | CYTotalFundraisingExpenseAmt |
| PY Other Expenses | $7,338,750 | PYOtherExpensesAmt |
| CY Other Expenses | $8,117,224 | CYOtherExpensesAmt |
| PY Total Expenses | $12,662,395 | PYTotalExpensesAmt |
| CY Total Expenses | $13,902,040 | CYTotalExpensesAmt |
| PY Revenues Less Expenses | $5,466,769 | PYRevenuesLessExpensesAmt |
| CY Revenues Less Expenses | -$2,028,235 | CYRevenuesLessExpensesAmt |
| Total Assets BOY | $41,326,511 | TotalAssetsBOYAmt |
| Total Assets EOY | $40,150,485 | TotalAssetsEOYAmt |
| Total Liabilities BOY | $3,292,205 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $3,187,615 | TotalLiabilitiesEOYAmt |
| Net Assets Or Fund Balances BOY | $38,034,306 | NetAssetsOrFundBalancesBOYAmt |
| Net Assets Or Fund Balances EOY | $36,962,870 | NetAssetsOrFundBalancesEOYAmt |
| Info In Schedule O Part III | Yes (X) | InfoInScheduleOPartIIIInd |
| Mission | JumpStart Inc. unlocks the full potential of diverse and ambitious entrepreneurs to economically 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 northeast Ohio, an area which has experienced economic decline and community deterioration ("Economic Revitalization Programs"). | MissionDesc |
| Significant New Program Srvc | 0 | SignificantNewProgramSrvcInd |
| Significant Change | 0 | SignificantChangeInd |
| Expense | $3,674,253 | ExpenseAmt |
| Revenue | $1,901,462 | RevenueAmt |
| Desc | Entrepreneurial services and investing: JumpStart Inc. conducts its economic revitalization programs by functioning as a regional nonprofit venture development entity which advises, assists, invests and accelerates early-stage ideas and small companies in northeast Ohio that have the potential to attract future private equity and become $30-50M+ companies within the next 5 to 7 years. As the primary entrepreneurial revitalization program JumpStart Inc. encourages the creation of new employment opportunities in northeast 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 northeast 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 business with a potential for providing enhanced employment opportunities and thereby contributing to an economic revitalization of northeast 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. With regard to investing, JumpStart invests $420,800, on average, in portfolio companies whose business activities are determined to be consistent with the goals of the economic revitalization program. Individual investment will range from $250,000 to $1,000,000 or more depending on a company's needs and how it progresses through mutually determined milestones. Since its inception JumpStart has:1.) Provided more than 35,284 hours of due diligence and technical assistance to 14,981 entrepreneurs and 324 companies in northeast Ohio; 2.) Identified more than 324 investment-worthy opportunities in northeast Ohio;3.) Committed $34.9 million in capital to 83 companies in northeast Ohio who attracted additional follow-on capital $773.7 million from outside sources.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 and to help ensure that key milestones are met. JumpStart advisors have:1.) Provided 156,159 hours of guidance and support to JumpStart's portfolio companies;2.) Connected JumpStart's portfolio companies with hundreds of resources including subject matter experts, board members, management team members, and potential customers;3.) Enabled JumpStart portfolio companies to 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
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expense | $1,025,151 | ExpenseAmt |
| Revenue | $10,856 | RevenueAmt |
| Desc | Outreach and Education: This 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 northeast 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 northeast 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 northeast Ohio's entrepreneurs, giving visibility to the success of entrepreneurial ventures and providing support to enable a thriving entrepreneurial community. From inception through the current year, the outreach and education program has:1.) Connected with more than 81,890 entrepreneurs and would-be entrepreneurs across the 21-county region we serve through a variety of networking and educational events;2.) Communicated on a bi-weekly basis with more than 61,000 subscribers and 15,600 social media followers, highlighting entrepreneurial successes as well as events for networking and learning;3.) Offered a monthly educational series to allow entrepreneurs to increase their knowledge and expertise in topics important for accelerating the growth of an early-stage venture. The series brings national entrepreneurial expertise to the region and focuses on topics such as company culture, talent, financial planning, personal and company branding, lead generation, raising capital for female founders, small business certifications, developing content, and market research;4.) To enhance the coverage of this series many of these events and conversations are recorded and made availabe as "podcasts, and other content on the JumpStart website. | Desc |
Prog Srvc Accom Acty3 ProgSrvcAccomActy3Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expense | $7,393,968 | ExpenseAmt |
| Revenue | $0 | RevenueAmt |
| Desc | 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 BUSINESS IN NORTHEAST 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 NORTHEAST 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 NORTHEAST 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 OF HELPING TO REVITALIZE THE ECONOMIC ENVIRONMENT OF NORTHEAST 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. SINCE ITS INCEPTION JUMPSTART HAS PROVIDED OVER 189,659 HOURS OF ASSISTANCE TO OVER 14,981 COMPANIES OR ENTREPRENEURS. 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 NORTHEAST OHIO. JUMPSTART BELIEVES ACCELERATING THE GROWTH OF MINORITY AND WOMEN-OWNED BUSINESSES 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 POTENTAIL BUSINESSES THAT COULD BECOME LARGE COMPANIES WHICH CREATE JOBS, WEALTH AND PROSPERITY. THROUGH THE ECONOMIC INCLUSION PROGRAM, 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 NORTHEAST OHIO, WHOSE BUSINESSES DIRECTLY AFFECT MINORITY POPULATIONS. BY PROVIDING INTENSIVE HANDS-ON GUIDANCE AND STRATEGIC PLANNING, THESE ADVISORS ENABLE THESE KEY ENTREPRENEURS TO ARTICULATE HIGH GROWTH PLANS, ACCESS INVESTMENT FUNDS, AND MOVE THEIR BUSINESSES TOWARD CRITICAL MILESTONES. JUMPSTART EMBEDS ITS ECONOMIC INCLUSION PROGRAMMING ACROSS ALL OF ITS ACTIVITIES. | Desc |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Expenses | $12,093,372 | TotalProgramServiceExpensesAmt |
| Described In Section501c3 | Yes (1) | DescribedInSection501c3Ind |
| Schedule B Required | Yes (1) | ScheduleBRequiredInd |
| Political Campaign Acty | 0 | PoliticalCampaignActyInd |
| Lobbying Activities | Yes (1) | LobbyingActivitiesInd |
| Subject To Proxy Tax | 0 | SubjectToProxyTaxInd |
| Donor Advised Fund | 0 | DonorAdvisedFundInd |
| Conservation Easements | 0 | ConservationEasementsInd |
| Collections Of Art | 0 | CollectionsOfArtInd |
| Credit Counseling | Yes (1) | CreditCounselingInd |
| Temp Or Permanent Endowments | 0 | TempOrPermanentEndowmentsInd |
| Report Land Building Equipment | Yes (1) | ReportLandBuildingEquipmentInd |
| Report Investments Other Sec | 0 | ReportInvestmentsOtherSecInd |
| Report Program Related Invst | Yes (1) | ReportProgramRelatedInvstInd |
| Report Other Assets | 0 | ReportOtherAssetsInd |
| Report Other Liabilities | Yes (1) | ReportOtherLiabilitiesInd |
| Include FIN48 Footnote | Yes (1) | IncludeFIN48FootnoteInd |
| Independent Audit Fincl Stmt | 0 | IndependentAuditFinclStmtInd |
| Consolidated Audit Fincl Stmt | Yes (1) | ConsolidatedAuditFinclStmtInd |
| School Operating | 0 | SchoolOperatingInd |
| Foreign Office | 0 | ForeignOfficeInd |
| Foreign Activities | 0 | ForeignActivitiesInd |
| More Than5000 K To Org | 0 | MoreThan5000KToOrgInd |
| More Than5000 K To Individuals | 0 | MoreThan5000KToIndividualsInd |
| Professional Fundraising | 0 | ProfessionalFundraisingInd |
| Fundraising Activities | Yes (1) | FundraisingActivitiesInd |
| Gaming Activities | 0 | GamingActivitiesInd |
| Operate Hospital | 0 | OperateHospitalInd |
| Grants To Organizations | 0 | GrantsToOrganizationsInd |
| Grants To Individuals | 0 | GrantsToIndividualsInd |
| Schedule J Required | Yes (1) | ScheduleJRequiredInd |
| Tax Exempt Bonds | 0 | TaxExemptBondsInd |
| Engaged In Excess Benefit Trans | 0 | EngagedInExcessBenefitTransInd |
| PY Excess Benefit Trans | 0 | PYExcessBenefitTransInd |
| Loan Outstanding | 0 | LoanOutstandingInd |
| Grant To Related Person | 0 | GrantToRelatedPersonInd |
| Business Rln With Org Mem | 0 | BusinessRlnWithOrgMemInd |
| Business Rln With Fam Mem | 0 | BusinessRlnWithFamMemInd |
| Business Rln With Officer Ent | 0 | BusinessRlnWithOfficerEntInd |
| Deductible Non Cash Contri | 0 | DeductibleNonCashContriInd |
| Deductible Art Contribution | 0 | DeductibleArtContributionInd |
| Terminate Operations | 0 | TerminateOperationsInd |
| Partial Liquidation | 0 | PartialLiquidationInd |
| Disregarded Entity | 0 | DisregardedEntityInd |
| Related Entity | Yes (1) | RelatedEntityInd |
| Related Organization Ctrl Ent | Yes (1) | RelatedOrganizationCtrlEntInd |
| Transaction With Control Ent | Yes (1) | TransactionWithControlEntInd |
| Trnsfr Exmpt Non Chrtbl Rltd Org | 0 | TrnsfrExmptNonChrtblRltdOrgInd |
| Activities Conducted Prtshp | 0 | ActivitiesConductedPrtshpInd |
| Schedule O Required | Yes (1) | ScheduleORequiredInd |
| IRP Document | 82 | IRPDocumentCnt |
| IRP Document W2 G | 0 | IRPDocumentW2GCnt |
| Backup Wthld Compliance | Yes (1) | BackupWthldComplianceInd |
| Employee | 79 | EmployeeCnt |
| Employment Tax Returns Filed | Yes (1) | EmploymentTaxReturnsFiledInd |
| Unrelated Bus Incm Over Limit | Yes (1) | UnrelatedBusIncmOverLimitInd |
| Form990 T Filed | Yes (1) | Form990TFiledInd |
| Foreign Financial Account | 0 | ForeignFinancialAccountInd |
| Prohibited Tax Shelter Trans | 0 | ProhibitedTaxShelterTransInd |
| Taxable Party Notification | 0 | TaxablePartyNotificationInd |
| Nondeductible Contributions | 0 | NondeductibleContributionsInd |
| Quid Pro Quo Contributions | 0 | QuidProQuoContributionsInd |
| Form8282 Property Disposed Of | 0 | Form8282PropertyDisposedOfInd |
| Rcv Fnds To Pay Prsnl Bnft Cntrct | 0 | RcvFndsToPayPrsnlBnftCntrctInd |
| Pay Premiums Prsnl Bnft Cntrct | 0 | PayPremiumsPrsnlBnftCntrctInd |
| Indoor Tanning Services | 0 | IndoorTanningServicesInd |
| Info In Schedule O Part VI | Yes (X) | InfoInScheduleOPartVIInd |
| Governing Body Voting Members | 29 | GoverningBodyVotingMembersCnt |
| Independent Voting Member | 28 | IndependentVotingMemberCnt |
| Family Or Business Rln | 0 | FamilyOrBusinessRlnInd |
| Delegation Of Mgmt Duties | 0 | DelegationOfMgmtDutiesInd |
| Change To Org Documents | 0 | ChangeToOrgDocumentsInd |
| Material Diversion Or Misuse | 0 | MaterialDiversionOrMisuseInd |
| Members Or Stockholders | Yes (1) | MembersOrStockholdersInd |
| Election Of Board Members | Yes (1) | ElectionOfBoardMembersInd |
| Decisions Subject To Approva | 0 | DecisionsSubjectToApprovaInd |
| Minutes Of Governing Body | Yes (1) | MinutesOfGoverningBodyInd |
| Minutes Of Committees | Yes (1) | MinutesOfCommitteesInd |
| Officer Mailing Address | 0 | OfficerMailingAddressInd |
| Local Chapters | 0 | LocalChaptersInd |
| Form990 Provided To Gvrn Body | Yes (1) | Form990ProvidedToGvrnBodyInd |
| Conflict Of Interest Policy | Yes (1) | ConflictOfInterestPolicyInd |
| Annual Disclosure Covered Prsn | Yes (1) | AnnualDisclosureCoveredPrsnInd |
| Regular Monitoring Enfrc | Yes (1) | RegularMonitoringEnfrcInd |
| Whistleblower Policy | Yes (1) | WhistleblowerPolicyInd |
| Document Retention Policy | Yes (1) | DocumentRetentionPolicyInd |
| Compensation Process CEO | Yes (1) | CompensationProcessCEOInd |
| Compensation Process Other | Yes (1) | CompensationProcessOtherInd |
| Investment In Joint Venture | 0 | InvestmentInJointVentureInd |
| States Where Copy Of Return Is Fld | OH | StatesWhereCopyOfReturnIsFldCd |
| Own Website | Yes (X) | OwnWebsiteInd |
| Upon Request | Yes (X) | UponRequestInd |
Books In Care Of Detail BooksInCareOfDetail
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Danielle Morris | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Phone | 2163633400 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 6701 Carnegie Avenue | AddressLine1Txt |
| City | Cleveland | CityNm |
| State Abbreviation | OH | StateAbbreviationCd |
| ZIP | 44103 | ZIPCd |
Form990 Part VII Section A Form990PartVIISectionAGrp (40 entries)
| TitleTitleTxt | Average Hours Per WeekAverageHoursPerWeekRt | Individual Trustee Or DirectorIndividualTrusteeOrDirectorInd | OfficerOfficerInd | Reportable Comp From OrgReportableCompFromOrgAmt | Reportable Comp From Rltd OrgReportableCompFromRltdOrgAmt | Other CompensationOtherCompensationAmt | Average Hours Per Week Rltd OrgAverageHoursPerWeekRltdOrgRt | Key EmployeeKeyEmployeeInd | Highest Compensated EmployeeHighestCompensatedEmployeeInd | Former Ofcr Director TrusteeFormerOfcrDirectorTrusteeInd |
|---|---|---|---|---|---|---|---|---|---|---|
| William R Seelbach | ||||||||||
| Chairman | 0.50 | Yes (X) | Yes (X) | $0 | $0 | $0 | ||||
| Jacqueline Acho | ||||||||||
| Trustee | 0.30 | Yes (X) | $0 | $0 | $0 | |||||
| Anthony Campana | ||||||||||
| Trustee | 0.30 | Yes (X) | $0 | $0 | $0 | |||||
| Ellen Burts-Cooper | ||||||||||
| Trustee | 0.30 | Yes (X) | $0 | $0 | $0 | |||||
| Carol Caruso | ||||||||||
| trustee | 0.30 | Yes (X) | $0 | $0 | $0 | |||||
| JJ DiGeronimo | ||||||||||
| trustee | 0.30 | Yes (X) | $0 | $0 | $0 | |||||
| Stephen Fry | ||||||||||
| Trustee | 0.30 | Yes (X) | $0 | $0 | $0 | |||||
| Patrick Pastore | ||||||||||
| Vice Chair | 0.50 | Yes (X) | Yes (X) | $0 | $0 | $0 | ||||
| Barbara Paynter | ||||||||||
| Trustee | 0.30 | Yes (X) | $0 | $0 | $0 | |||||
| Mark J Samolczyk | ||||||||||
| Trustee | 0.30 | Yes (X) | $0 | $0 | $0 | |||||
| Rachel Talton | ||||||||||
| Trustee | 0.30 | Yes (X) | $0 | $0 | $0 | |||||
| Gary S Shamis | ||||||||||
| Treasurer | 0.30 | Yes (X) | Yes (X) | $0 | $0 | $0 | ||||
| Sharon Toerek | ||||||||||
| Trustee | 0.30 | Yes (X) | $0 | $0 | $0 | |||||
| Jose Vasquez | ||||||||||
| Trustee | 0.30 | Yes (X) | $0 | $0 | $0 | |||||
| Kendra Gardiner | ||||||||||
| Trustee | 0.30 | Yes (X) | $0 | $0 | $0 | |||||
| Albert M Green | ||||||||||
| Trustee | 0.30 | Yes (X) | $0 | $0 | $0 | |||||
| Larry Goddard | ||||||||||
| Trustee | 0.30 | Yes (X) | $0 | $0 | $0 | |||||
| William L Hartmann | ||||||||||
| Vice Chair | 0.50 | Yes (X) | Yes (X) | $0 | $0 | $0 | ||||
| Jim Hickey | ||||||||||
| Trustee | 0.30 | Yes (X) | $0 | $0 | $0 | |||||
| Thomas Hopkins | ||||||||||
| Trustee | 0.30 | Yes (X) | $0 | $0 | $0 | |||||
| Bob Hurwitz | ||||||||||
| Trustee | 0.30 | Yes (X) | $0 | $0 | $0 | |||||
| Leonard D Young | ||||||||||
| Trustee | 0.30 | Yes (X) | $0 | $0 | $0 | |||||
| Joseph Jankowski | ||||||||||
| Trustee | 0.30 | Yes (X) | $0 | $0 | $0 | |||||
| Renita Jefferson | ||||||||||
| Trustee | 0.30 | Yes (X) | $0 | $0 | $0 | |||||
| Harold Jones | ||||||||||
| Trustee | 0.30 | Yes (X) | $0 | $0 | $0 | |||||
| Ray T Leach | ||||||||||
| Chief Executive Officer | 63.00 | Yes (X) | Yes (X) | $422,821 | $0 | $23,232 | 2.00 | |||
| Darrell McNair | ||||||||||
| Trustee | 0.30 | Yes (X) | $0 | $0 | $0 | |||||
| Lee Nielsen | ||||||||||
| Trustee | 0.30 | Yes (X) | $0 | $0 | $0 | |||||
| Frank Papay | ||||||||||
| Trustee | 0.30 | Yes (X) | $0 | $0 | $0 | |||||
| Catherine N Belk | ||||||||||
| President | 47.00 | Yes (X) | $228,396 | $0 | $14,554 | |||||
| Karen Adame | ||||||||||
| MANAGING PARTNER, OPS. | 47.00 | Yes (X) | $54,560 | $0 | $0 | |||||
| Jerold J Frantz | ||||||||||
| Senior Managing Partner | 47.00 | $218,278 | $0 | $18,060 | Yes (X) | |||||
| Michael Jeans | ||||||||||
| Sr Partner/ President of Growth Opps. | 0.00 | $183,787 | $0 | $4,465 | 47.00 | Yes (X) | ||||
| Hrishue Mahalaha | ||||||||||
| Sr Partner Solutions Delivery | 47.00 | $208,611 | $0 | $23,681 | Yes (X) | |||||
| Pantelis Lee Poseidon | ||||||||||
| Sr Partner Entrepreneurial Service & Investing | 47.00 | $194,385 | $0 | $13,156 | Yes (X) | |||||
| Caroline R Taich | ||||||||||
| Sr Partner Solutions Development | 47.00 | $181,613 | $0 | $18,926 | Yes (X) | |||||
| Remsen D Harris | ||||||||||
| Sr Partner Investing | 47.00 | $138,107 | $0 | $17,913 | Yes (X) | |||||
| Amy Martin | ||||||||||
| Partner, Marketing | 47.00 | $132,417 | $0 | $10,964 | Yes (X) | |||||
| Jeremy Quinn | ||||||||||
| FORMER Principal, ENTREPRENEURIAL TALENT | 47.00 | $100,719 | $0 | $3,746 | Yes (X) | |||||
| Scott Thompson | ||||||||||
| FORMER SR PTNR, Partnership Development & Marketin | 47.00 | $181,776 | $0 | $19,830 | Yes (X) | |||||
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | $2,245,470 | TotalReportableCompFromOrgAmt |
| Tot Reportable Comp Rltd Org | $0 | TotReportableCompRltdOrgAmt |
| Total Other Compensation | $168,527 | TotalOtherCompensationAmt |
| Indiv Rcvd Greater Than100 K | 20 | IndivRcvdGreaterThan100KCnt |
| Former Ofcr Employees Listed | Yes (1) | FormerOfcrEmployeesListedInd |
| Total Comp Greater Than150 K | Yes (1) | TotalCompGreaterThan150KInd |
| Compensation From Other Srcs | 0 | CompensationFromOtherSrcsInd |
Contractor Compensation ContractorCompensationGrp (2 entries)
| Address Line1ContractorAddress/USAddress/AddressLine1Txt | CityContractorAddress/USAddress/CityNm | State AbbreviationContractorAddress/USAddress/StateAbbreviationCd | ZIPContractorAddress/USAddress/ZIPCd | ServicesServicesDesc | CompensationCompensationAmt |
|---|---|---|---|---|---|
| ARK Group LLC | |||||
| 31 Astor Place | Rocky River | OH | 44116 | Consulting | $114,000 |
| On Technology Partners Inc | |||||
| 7100 Euclid Ave Ste 120 | Cleveland | OH | 44103 | Network Support | $103,226 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cntrct Rcvd Greater Than100 K | 2 | CntrctRcvdGreaterThan100KCnt |
| Fundraising | $38,500 | FundraisingAmt |
| Government Grants | $7,338,668 | GovernmentGrantsAmt |
| All Other Contributions | $1,859,423 | AllOtherContributionsAmt |
| Total Contributions | $9,236,591 | TotalContributionsAmt |
Program Service Revenue ProgramServiceRevenueGrp (4 entries)
| DescDesc | BusinessBusinessCd | Total Revenue ColumnTotalRevenueColumnAmt | Related Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt |
|---|---|---|---|
| Presentation/Marketing Events | 900099 | $1,233,178 | $1,233,178 |
| Other Income | 561000 | $538,678 | $538,678 |
| Support Service | 541519 | $139,037 | $139,037 |
| Sublet Income | 561000 | $1,425 | $1,425 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Revenue | $1,912,318 | TotalProgramServiceRevenueAmt |
Investment Income InvestmentIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $7,670 | TotalRevenueColumnAmt |
| Exclusion | $7,670 | ExclusionAmt |
Gross Amount Sales Assets GrossAmountSalesAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other | $1,312,185 | OtherAmt |
Less Cost Oth Basis Sales Expnss LessCostOthBasisSalesExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other | $481,179 | OtherAmt |
Gain Or Loss GainOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other | $831,006 | OtherAmt |
Net Gain Or Loss Investments NetGainOrLossInvestmentsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $831,006 | TotalRevenueColumnAmt |
| Exclusion | $831,006 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Fundraising Gross Income | $55,856 | FundraisingGrossIncomeAmt |
| Contri Rpt Fundraising Event | $38,500 | ContriRptFundraisingEventAmt |
| Fundraising Direct Expenses | $169,636 | FundraisingDirectExpensesAmt |
Net Incm From Fundraising Evt NetIncmFromFundraisingEvtGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | -$113,780 | TotalRevenueColumnAmt |
| Exclusion | -$113,780 | ExclusionAmt |
Total Revenue TotalRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $11,873,805 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $1,912,318 | RelatedOrExemptFuncIncomeAmt |
| Unrelated Business Revenue | $0 | UnrelatedBusinessRevenueAmt |
| Exclusion | $724,896 | ExclusionAmt |
Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,544,341 | TotalAmt |
| Program Services | $1,278,419 | ProgramServicesAmt |
| Management And General | $242,569 | ManagementAndGeneralAmt |
| Fundraising | $23,353 | FundraisingAmt |
Other Salaries And Wages OtherSalariesAndWagesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $2,961,115 | TotalAmt |
| Program Services | $2,451,236 | ProgramServicesAmt |
| Management And General | $465,101 | ManagementAndGeneralAmt |
| Fundraising | $44,778 | FundraisingAmt |
Pension Plan Contributions PensionPlanContributionsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $167,265 | TotalAmt |
| Program Services | $153,884 | ProgramServicesAmt |
| Management And General | $13,381 | ManagementAndGeneralAmt |
Other Employee Benefits OtherEmployeeBenefitsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $706,706 | TotalAmt |
| Program Services | $376,516 | ProgramServicesAmt |
| Management And General | $318,759 | ManagementAndGeneralAmt |
| Fundraising | $11,431 | FundraisingAmt |
Payroll Taxes PayrollTaxesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $405,389 | TotalAmt |
| Program Services | $372,958 | ProgramServicesAmt |
| Management And General | $32,431 | ManagementAndGeneralAmt |
Fees For Services Legal FeesForServicesLegalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $207,667 | TotalAmt |
| Program Services | $200,434 | ProgramServicesAmt |
| Management And General | $7,233 | ManagementAndGeneralAmt |
Fees For Services Accounting FeesForServicesAccountingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $39,800 | TotalAmt |
| Management And General | $39,800 | ManagementAndGeneralAmt |
Fees For Services Other FeesForServicesOtherGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $795,299 | TotalAmt |
| Program Services | $631,130 | ProgramServicesAmt |
| Management And General | $78,145 | ManagementAndGeneralAmt |
| Fundraising | $86,024 | FundraisingAmt |
Advertising AdvertisingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $156,705 | TotalAmt |
| Program Services | $148,975 | ProgramServicesAmt |
| Management And General | $2,596 | ManagementAndGeneralAmt |
| Fundraising | $5,134 | FundraisingAmt |
Office Expenses OfficeExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $670,251 | TotalAmt |
| Program Services | $426,168 | ProgramServicesAmt |
| Management And General | $238,032 | ManagementAndGeneralAmt |
| Fundraising | $6,051 | FundraisingAmt |
Occupancy OccupancyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $404,663 | TotalAmt |
| Program Services | $334,242 | ProgramServicesAmt |
| Management And General | $64,924 | ManagementAndGeneralAmt |
| Fundraising | $5,497 | FundraisingAmt |
Travel TravelGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $190,716 | TotalAmt |
| Program Services | $150,611 | ProgramServicesAmt |
| Management And General | $28,821 | ManagementAndGeneralAmt |
| Fundraising | $11,284 | FundraisingAmt |
Interest InterestGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $25,263 | TotalAmt |
| Program Services | $9,028 | ProgramServicesAmt |
| Management And General | $16,235 | ManagementAndGeneralAmt |
Depreciation Depletion DepreciationDepletionGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $40,073 | TotalAmt |
| Management And General | $40,073 | ManagementAndGeneralAmt |
Insurance InsuranceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $18,739 | TotalAmt |
| Program Services | $13,215 | ProgramServicesAmt |
| Management And General | $5,516 | ManagementAndGeneralAmt |
| Fundraising | $8 | FundraisingAmt |
Other Expenses OtherExpensesGrp (3 entries)
| DescDesc | TotalTotalAmt | Program ServicesProgramServicesAmt | Management And GeneralManagementAndGeneralAmt | FundraisingFundraisingAmt |
|---|---|---|---|---|
| Support to Collaborator | $3,730,422 | $3,730,422 | ||
| Program Expense | $1,445,734 | $1,424,242 | $3,992 | $17,500 |
| NCAF, JNF | $391,892 | $391,892 |
Total Functional Expenses TotalFunctionalExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $13,902,040 | TotalAmt |
| Program Services | $12,093,372 | ProgramServicesAmt |
| Management And General | $1,597,608 | ManagementAndGeneralAmt |
| Fundraising | $211,060 | FundraisingAmt |
Cash Non Interest Bearing CashNonInterestBearingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $250 | BOYAmt |
| EOY | $250 | EOYAmt |
Savings And Temp Cash Invst SavingsAndTempCashInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $3,705,726 | BOYAmt |
| EOY | $2,505,692 | EOYAmt |
Pledges And Grants Receivable PledgesAndGrantsReceivableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $4,951,936 | BOYAmt |
| EOY | $3,488,566 | EOYAmt |
Accounts Receivable AccountsReceivableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $521,539 | BOYAmt |
| EOY | $1,468,558 | EOYAmt |
Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $91,141 | BOYAmt |
| EOY | $131,054 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Bldg Equip Cost Or Other Bss | $1,132,659 | LandBldgEquipCostOrOtherBssAmt |
| Land Bldg Equip Accum Deprec | $1,065,022 | LandBldgEquipAccumDeprecAmt |
Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $52,856 | BOYAmt |
| EOY | $67,637 | EOYAmt |
Investments Program Related InvestmentsProgramRelatedGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $32,003,063 | BOYAmt |
| EOY | $32,488,728 | EOYAmt |
Total Assets TotalAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $41,326,511 | BOYAmt |
| EOY | $40,150,485 | EOYAmt |
Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $2,434,612 | BOYAmt |
| EOY | $1,929,953 | EOYAmt |
Deferred Revenue DeferredRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $65,000 | BOYAmt |
| EOY | $0 | EOYAmt |
Escrow Account Liability EscrowAccountLiabilityGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $227,500 | BOYAmt |
| EOY | $227,500 | EOYAmt |
Mortg Notes Pybl Scrd Invst Prop MortgNotesPyblScrdInvstPropGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $450,000 | BOYAmt |
| EOY | $450,000 | EOYAmt |
Unsecured Notes Loans Payable UnsecuredNotesLoansPayableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $115,093 | BOYAmt |
| EOY | $538,412 | EOYAmt |
Other Liabilities OtherLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
| EOY | $41,750 | EOYAmt |
Total Liabilities TotalLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $3,292,205 | BOYAmt |
| EOY | $3,187,615 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization Follows SFAS117 | Yes (X) | OrganizationFollowsSFAS117Ind |
Unrestricted Net Assets UnrestrictedNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $36,837,212 | BOYAmt |
| EOY | $35,922,943 | EOYAmt |
Temporarily Rstr Net Assets TemporarilyRstrNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,197,094 | BOYAmt |
| EOY | $1,039,927 | EOYAmt |
Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $38,034,306 | BOYAmt |
| EOY | $36,962,870 | EOYAmt |
Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $41,326,511 | BOYAmt |
| EOY | $40,150,485 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Info In Schedule O Part XI | Yes (X) | InfoInScheduleOPartXIInd |
| Reconcilation Revenue Expnss | -$2,028,235 | ReconcilationRevenueExpnssAmt |
| Net Unrlzd Gains Losses Invst | $798,662 | NetUnrlzdGainsLossesInvstAmt |
| Other Changes In Net Assets | $158,137 | OtherChangesInNetAssetsAmt |
| Info In Schedule O Part XII | Yes (X) | InfoInScheduleOPartXIIInd |
| Method Of Accounting Accrual | Yes (X) | MethodOfAccountingAccrualInd |
| Accountant Compile Or Review | 0 | AccountantCompileOrReviewInd |
| FS Audited | Yes (1) | FSAuditedInd |
FS Audited Basis FSAuditedBasisGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Consolidated Basis Fincl Stmt | Yes (X) | ConsolidatedBasisFinclStmtInd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Audit Committee | Yes (1) | AuditCommitteeInd |
| Federal Grant Audit Required | 0 | FederalGrantAuditRequiredInd |
Schedule A IRS990ScheduleA
| Field | Value | IRS element (for citing) |
|---|---|---|
| Public Organization170 | Yes (X) | PublicOrganization170Ind |
Gifts Grants Contri Rcvd170 GiftsGrantsContriRcvd170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $9,888,495 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $15,328,645 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $7,894,123 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $9,032,955 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $9,292,447 | CurrentTaxYearAmt |
| Total | $51,436,665 | TotalAmt |
Total Calendar Year170 TotalCalendarYear170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $9,888,495 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $15,328,645 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $7,894,123 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $9,032,955 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $9,292,447 | CurrentTaxYearAmt |
| Total | $51,436,665 | TotalAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Substantial Contributors Tot | $800,534 | SubstantialContributorsTotAmt |
| Public Support Total170 | $50,636,131 | PublicSupportTotal170Amt |
Gross Investment Income170 GrossInvestmentIncome170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $157,687 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $226,477 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $315,926 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $885,804 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $7,670 | CurrentTaxYearAmt |
| Total | $1,593,564 | TotalAmt |
Other Income170 OtherIncome170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $512,057 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $186,211 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $960,571 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $1,855,415 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $1,912,318 | CurrentTaxYearAmt |
| Total | $5,426,572 | TotalAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Support | $58,456,801 | TotalSupportAmt |
| Gross Receipts Rltd Activities | $5,431,669 | GrossReceiptsRltdActivitiesAmt |
| Public Support CY170 | 0.86620 | PublicSupportCY170Pct |
| Public Support PY170 | 0.87280 | PublicSupportPY170Pct |
| Thirty Thr Pct Suprt Tests CY170 | Yes (X) | ThirtyThrPctSuprtTestsCY170Ind |
Form990 Schedule A Part VI Form990ScheduleAPartVIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | Part II, Line 10 | FormAndLineReferenceDesc |
| Explanation | IN 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
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributor | RESTRICTED | ContributorNum |
Contributor Business Name ContributorBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | RESTRICTED | BusinessNameLine1 |
Contributor US Address ContributorUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | RESTRICTED | AddressLine1 |
| Address Line2 | RESTRICTED | AddressLine2 |
| City | RESTRICTED | City |
| State | RESTRICTED | State |
| ZIP Code | RESTRICTED | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Contributions | RESTRICTED | TotalContributionsAmt |
Schedule C IRS990ScheduleC
Total Grassroots Lobbying TotalGrassrootsLobbyingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Filing Organizations Total | $0 | FilingOrganizationsTotalAmt |
Total Direct Lobbying TotalDirectLobbyingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Filing Organizations Total | $18,250 | FilingOrganizationsTotalAmt |
Total Lobbying Expend TotalLobbyingExpendGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Filing Organizations Total | $18,250 | FilingOrganizationsTotalAmt |
Other Exempt Purpose Expend OtherExemptPurposeExpendGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Filing Organizations Total | $13,883,790 | FilingOrganizationsTotalAmt |
Total Exempt Purpose Expend TotalExemptPurposeExpendGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Filing Organizations Total | $13,902,040 | FilingOrganizationsTotalAmt |
Lobbying Nontaxable Amount LobbyingNontaxableAmountGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Filing Organizations Total | $845,102 | FilingOrganizationsTotalAmt |
Grassroots Nontaxable GrassrootsNontaxableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Filing Organizations Total | $211,276 | FilingOrganizationsTotalAmt |
Tot Lbbyng Grassroot Mns Non Tx TotLbbyngGrassrootMnsNonTxGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Filing Organizations Total | $0 | FilingOrganizationsTotalAmt |
Tot Lbby Expend Mns Lbbyng Non Tx TotLbbyExpendMnsLbbyngNonTxGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Filing Organizations Total | $0 | FilingOrganizationsTotalAmt |
Avg Lobbying Nontaxable Amount AvgLobbyingNontaxableAmountGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Year Minus3 | $727,791 | CurrentYearMinus3Amt |
| Current Year Minus2 | $660,698 | CurrentYearMinus2Amt |
| Current Year Minus1 | $783,120 | CurrentYearMinus1Amt |
| Current Year | $845,102 | CurrentYearAmt |
| Total | $3,016,711 | TotalAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Lobbying Ceiling | $4,525,067 | LobbyingCeilingAmt |
Avg Total Lobbying Expend AvgTotalLobbyingExpendGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Year Minus3 | $30,000 | CurrentYearMinus3Amt |
| Current Year Minus2 | $10,000 | CurrentYearMinus2Amt |
| Current Year Minus1 | $27,750 | CurrentYearMinus1Amt |
| Current Year | $18,250 | CurrentYearAmt |
| Total | $86,000 | TotalAmt |
Avg Grassroots Nontaxable AvgGrassrootsNontaxableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Year Minus3 | $181,943 | CurrentYearMinus3Amt |
| Current Year Minus2 | $165,175 | CurrentYearMinus2Amt |
| Current Year Minus1 | $195,780 | CurrentYearMinus1Amt |
| Current Year | $211,276 | CurrentYearAmt |
| Total | $754,174 | TotalAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Grassroots Ceiling | $1,131,261 | GrassrootsCeilingAmt |
Schedule D IRS990ScheduleD
| Field | Value | IRS element (for citing) |
|---|---|---|
| Agent Trustee Etc | Yes (1) | AgentTrusteeEtcInd |
| Beginning Balance | $227,500 | BeginningBalanceAmt |
| Additions During Year | $0 | AdditionsDuringYearAmt |
| Distributions During Year | $0 | DistributionsDuringYearAmt |
| Ending Balance | $227,500 | EndingBalanceAmt |
| Incl Escrow Custodial Acct Liab | Yes (1) | InclEscrowCustodialAcctLiabInd |
| Explanation Provided | Yes (X) | ExplanationProvidedInd |
Equipment EquipmentGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $1,132,659 | OtherCostOrOtherBasisAmt |
| Depreciation | $1,065,022 | DepreciationAmt |
| Book Value | $67,637 | BookValueAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Land Buildings | $67,637 | TotalBookValueLandBuildingsAmt |
Invst Program Related Org InvstProgramRelatedOrgGrp (4 entries)
| DescDesc | Book ValueBookValueAmt | Method ValuationMethodValuationCd |
|---|---|---|
| Preferred Stock | $30,758,413 | F |
| Notes Receivable | $2,105,140 | F |
| Less Reserve | -$374,925 | F |
| NCAF Management | $100 | C |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Program Rltd | $32,488,728 | TotalBookValueProgramRltdAmt |
Other Liabilities Org OtherLiabilitiesOrgGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | Program related investment liability | Desc |
| Amt | $41,750 | Amt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Liability | $41,750 | TotalLiabilityAmt |
| Footnote Text | Yes (X) | FootnoteTextInd |
Supplemental Information Detail SupplementalInformationDetail (2 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| Part IV, Line 2b: | ALLIANCE FUND AWARDED TO BE DISBURSED TO QUALIFIED OPPORTUNITIES AS IDENTIFIED BY THE CITY OF ALLIANCE. |
| 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 G IRS990ScheduleG
Fundraising Event Information FundraisingEventInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Event1 | START UP - SCALE UP | Event1Nm |
| Gross Receipts Event1 | $94,356 | GrossReceiptsEvent1Amt |
| Charitable Contri Event1 | $38,500 | CharitableContriEvent1Amt |
| Gross Revenue Event1 | $55,856 | GrossRevenueEvent1Amt |
| Cash Prizes Event1 | $10,000 | CashPrizesEvent1Amt |
| Non Cash Prizes Event1 | $0 | NonCashPrizesEvent1Amt |
| Rent Facility Costs Event1 | $0 | RentFacilityCostsEvent1Amt |
| Food And Beverage Event1 | $25,069 | FoodAndBeverageEvent1Amt |
| Entertainment Event1 | $0 | EntertainmentEvent1Amt |
| Other Direct Expenses Event1 | $134,567 | OtherDirectExpensesEvent1Amt |
| Gross Receipts Total | $94,356 | GrossReceiptsTotalAmt |
| Charitable Contributions Tot | $38,500 | CharitableContributionsTotAmt |
| Gross Revenue Total Events | $55,856 | GrossRevenueTotalEventsAmt |
| Cash Prizes Total Events | $10,000 | CashPrizesTotalEventsAmt |
| Food And Beverage Total Events | $25,069 | FoodAndBeverageTotalEventsAmt |
| Oth Direct Expnss Total Events | $134,567 | OthDirectExpnssTotalEventsAmt |
| Direct Expense Summary Events | $169,636 | DirectExpenseSummaryEventsAmt |
| Net Income Summary | -$113,780 | NetIncomeSummaryAmt |
Schedule J IRS990ScheduleJ
| Field | Value | IRS element (for citing) |
|---|---|---|
| Club Dues Or Fees | Yes (X) | ClubDuesOrFeesInd |
| Written Policy Ref T And E Expnss | 0 | WrittenPolicyRefTAndEExpnssInd |
| Substantiation Required | Yes (1) | SubstantiationRequiredInd |
| Compensation Committee | Yes (X) | CompensationCommitteeInd |
| Independent Consultant | Yes (X) | IndependentConsultantInd |
| Form990 Of Other Organizations | Yes (X) | Form990OfOtherOrganizationsInd |
| Compensation Survey | Yes (X) | CompensationSurveyInd |
| Board Or Committee Approval | Yes (X) | BoardOrCommitteeApprovalInd |
| Severance Payment | 0 | SeverancePaymentInd |
| Supplemental Nonqual Rtr Plan | 0 | SupplementalNonqualRtrPlanInd |
| Equity Based Comp Arrngm | 0 | EquityBasedCompArrngmInd |
| Comp Based On Revenue Of Flng Org | 0 | CompBasedOnRevenueOfFlngOrgInd |
| Comp Bsd On Rev Related Orgs | 0 | CompBsdOnRevRelatedOrgsInd |
| Comp Bsd Net Earns Flng Org | 0 | CompBsdNetEarnsFlngOrgInd |
| Comp Bsd Net Earns Rltd Orgs | 0 | CompBsdNetEarnsRltdOrgsInd |
| Any Non Fixed Payments | 0 | AnyNonFixedPaymentsInd |
| Initial Contract Exception | 0 | InitialContractExceptionInd |
Rltd Org Officer Trst Key Empl RltdOrgOfficerTrstKeyEmplGrp (10 entries)
| TitleTitleTxt | Base Compensation Filing OrgBaseCompensationFilingOrgAmt | Compensation Based On Rltd OrgsCompensationBasedOnRltdOrgsAmt | Bonus Filing OrganizationBonusFilingOrganizationAmount | Bonus Related OrganizationsBonusRelatedOrganizationsAmt | Other Compensation Filing OrgOtherCompensationFilingOrgAmt | Other Compensation Rltd OrgsOtherCompensationRltdOrgsAmt | Deferred Compensation Flng OrgDeferredCompensationFlngOrgAmt | Deferred Comp Rltd OrgsDeferredCompRltdOrgsAmt | Nontaxable Benefits Filing OrgNontaxableBenefitsFilingOrgAmt | Nontaxable Benefits Rltd OrgsNontaxableBenefitsRltdOrgsAmt | Total Compensation Filing OrgTotalCompensationFilingOrgAmt | Total Compensation Rltd OrgsTotalCompensationRltdOrgsAmt | Comp Report Prior990 Filing OrgCompReportPrior990FilingOrgAmt | Comp Report Prior990 Rltd OrgsCompReportPrior990RltdOrgsAmt |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Ray T Leach | ||||||||||||||
| Chief Executive Officer | $279,765 | $0 | $142,615 | $0 | $441 | $0 | $8,634 | $0 | $14,598 | $0 | $446,053 | $0 | $0 | $0 |
| Catherine N Belk | ||||||||||||||
| President | $191,144 | $0 | $37,000 | $0 | $252 | $0 | $6,878 | $0 | $7,676 | $0 | $242,950 | $0 | $0 | $0 |
| Jerold J Frantz | ||||||||||||||
| Senior Managing Partner | $182,892 | $0 | $35,000 | $0 | $386 | $0 | $6,638 | $0 | $11,422 | $0 | $236,338 | $0 | $0 | $0 |
| Michael Jeans | ||||||||||||||
| Sr Partner/ President of Growth Opps | $183,635 | $0 | $0 | $0 | $152 | $0 | $0 | $0 | $4,465 | $0 | $188,252 | $0 | $0 | $0 |
| Hrishue Mahalaha | ||||||||||||||
| Sr Partner Solutions Delivery | $159,111 | $0 | $49,500 | $0 | $0 | $0 | $6,497 | $0 | $17,184 | $0 | $232,292 | $0 | $0 | $0 |
| Pantelis Lee Poseidon | ||||||||||||||
| Sr Partner Entrepreneurial Service & | $160,817 | $0 | $33,000 | $0 | $568 | $0 | $5,977 | $0 | $7,179 | $0 | $207,541 | $0 | $0 | $0 |
| Caroline R Taich | ||||||||||||||
| Sr Partner Solutions Development | $131,979 | $0 | $49,500 | $0 | $134 | $0 | $4,385 | $0 | $14,541 | $0 | $200,539 | $0 | $0 | $0 |
| Remsen D Harris | ||||||||||||||
| Sr Partner Investing | $137,803 | $0 | $0 | $0 | $304 | $0 | $5,577 | $0 | $12,336 | $0 | $156,020 | $0 | $0 | $0 |
| Jeremy Quinn | ||||||||||||||
| FORMER Principal, ENTREPRENEURIAL TA | $100,629 | $0 | $0 | $0 | $90 | $0 | $3,094 | $0 | $652 | $0 | $104,465 | $0 | $0 | $0 |
| Scott Thompson | ||||||||||||||
| FORMER SR PTNR, Partnership Developm | $150,545 | $0 | $30,900 | $0 | $331 | $0 | $5,614 | $0 | $14,216 | $0 | $201,606 | $0 | $0 | $0 |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | Part I, Line 1a | FormAndLineReferenceDesc |
| Explanation | THE 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. | ExplanationTxt |
Schedule O IRS990ScheduleO
Supplemental Information Detail SupplementalInformationDetail (9 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| Form 990, Part VI, Section A, line 6 | JumpStart'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 7a | REFER TO RESPONSE REGARDING MEMBERS. |
| Form 990, Part VI, Section B, line 11 | PROCESS USED TO REVIEW THE FORM 990 AND FORM 990T: 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 MANAGING PARTNER, OPERATIONS AND PARTNER, FINANCE OPERATIONS 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 12c | Compliance 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 managing partner, operations, 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 managing partner, operations when a question arises. The issue is discussed and in most cases the managing partner, operations 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 15 | DETERMINING 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 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 19 | JUMPSTART SHARES CURRENT 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. |
| Form 990, Part XI, line 9: | Deconsolidation of Entity 158,137. |
| FORM 990, PART XII, LINE 2C | THE FINANCE COMMITTEE IS RESPONSIBLE FOR THE OVERSIGHT OF THE FINANCIAL STATEMENT AUDIT WHICH INCLUDES REVIEW AND DISCUSSION WITH THE AUDITOR. THE FINANCE COMMITTEE PRESENTS THE AUDIT TO THE BOARD FOR APPROVAL. |
| Form 990, Part XI, Line 9: | In 2015, Growth Opportunity Partners, LLC (Growth Opps) was included in the consolidation because it was structured as a DISREGARDED entity, 100% owned by JumpStart. Growth Opps is seeking to become a Community Development Financial Institution (CDFI) to help entrepreneurial companies secure financial resources needed for growth by providing loans. During 2016, Growth Opps structure was revised as a SEPARATE nonprofit entity with its own separate Board of Directors and management. While JumpStart is a member of Growth Opps, JumpStart does not have control over Growth Opps' activities. As a result, JumpStart has deconsolidated the net effect of this entity in the current year Consolidated Statement of Activities. |
Schedule R IRS990ScheduleR
Id Related Tax Exempt Org IdRelatedTaxExemptOrgGrp
Disregarded Entity Name DisregardedEntityName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | GROWTH OPPORTUNITY PARTNERS | BusinessNameLine1Txt |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 6701 CARNEGIE AVE STE 100 | AddressLine1Txt |
| City | CLEVELAND | CityNm |
| State Abbreviation | OH | StateAbbreviationCd |
| ZIP | 44103 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 474257622 | EIN |
| Primary Activities | SMALL BUSINESS LENDER/INVESTMENT | PrimaryActivitiesTxt |
| Legal Domicile State | OH | LegalDomicileStateCd |
| Exempt Code Section | BUSINESS INVESTMENT | ExemptCodeSectionTxt |
| Public Charity Status | 509a1 | PublicCharityStatusTxt |
| Controlled Organization | 0 | ControlledOrganizationInd |
Id Related Org Txbl Partnership IdRelatedOrgTxblPartnershipGrp (6 entries)
| Address Line1USAddress/AddressLine1Txt | CityUSAddress/CityNm | State AbbreviationUSAddress/StateAbbreviationCd | ZIPUSAddress/ZIPCd | EINEIN | Primary ActivitiesPrimaryActivitiesTxt | Legal Domicile StateLegalDomicileStateCd | Share Of Total IncomeShareOfTotalIncomeAmt | Share Of EOY AssetsShareOfEOYAssetsAmt | Disproportionate AllocationsDisproportionateAllocationsInd | General Or Managing PartnerGeneralOrManagingPartnerInd | OwnershipOwnershipPct |
|---|---|---|---|---|---|---|---|---|---|---|---|
| NCAF Management LLC | |||||||||||
| 5875 Landerbrook Dr Suite 220 | Mayfield Village | OH | 44124 | 205287463 | Investment Management | OH | -$159,060 | $220,259 | 0 | Yes (1) | 1.00000 |
| NCAF Management II LLC | |||||||||||
| 5875 Landerbrook Dr Suite 220 | Mayfield Village | OH | 44124 | 273132457 | Investment Management | OH | -$168,443 | $717,378 | 0 | Yes (1) | 1.00000 |
| JNF Management LLC | |||||||||||
| 6701 Carnegie Ste 100 | CLEVELAND | OH | 44103 | 464347322 | Investment Management | OH | 0 | 0 | 1.00000 | ||
| NCAF Management III LLC | |||||||||||
| 5875 Landerbrook Dr Suite 220 | Mayfield Village | OH | 44124 | 475328652 | Investment Management | OH | -$27,936 | $122,286 | 0 | Yes (1) | 1.00000 |
| NORTH COAST ANGEL FUND III LLC | |||||||||||
| 5875 Landerbrook Dr Suite 220 | MAYfield Village | OH | 44124 | 341398522 | INVestment Management | OH | $100,008 | 0 | 0 | 0.07410 | |
| NEXT FUND LLC | |||||||||||
| 6701 Carnegie Ste 100 | CLEVELAND | OH | 44103 | 273815350 | INVestment Management | OH | 0 | 0 | |||
| Field | Value | IRS element (for citing) |
|---|---|---|
| Receipt Of Int Annts Rnts Rylts | 0 | ReceiptOfIntAnntsRntsRyltsInd |
| Gift Grnt Or Cap Contri To Oth Org | 0 | GiftGrntOrCapContriToOthOrgInd |
| Gift Grnt Cap Contri From Oth Org | 0 | GiftGrntCapContriFromOthOrgInd |
| Loans Or Guarantees To Other Org | 0 | LoansOrGuaranteesToOtherOrgInd |
| Loans Or Guarantees From Oth Org | 0 | LoansOrGuaranteesFromOthOrgInd |
| Div Related Organization | 0 | DivRelatedOrganizationInd |
| Asset Sale To Other Org | 0 | AssetSaleToOtherOrgInd |
| Asset Purchase From Other Org | 0 | AssetPurchaseFromOtherOrgInd |
| Asset Exchange | 0 | AssetExchangeInd |
| Rental Of Facilities To Oth Org | 0 | RentalOfFacilitiesToOthOrgInd |
| Rental Of Fclts From Oth Org | 0 | RentalOfFcltsFromOthOrgInd |
| Perform Of Services For Oth Org | 0 | PerformOfServicesForOthOrgInd |
| Perform Of Services By Other Org | 0 | PerformOfServicesByOtherOrgInd |
| Sharing Of Facilities | 0 | SharingOfFacilitiesInd |
| Paid Employees Sharing | Yes (1) | PaidEmployeesSharingInd |
| Reimbursement Paid To Other Org | 0 | ReimbursementPaidToOtherOrgInd |
| Reimbursement Paid By Other Org | 0 | ReimbursementPaidByOtherOrgInd |
| Transfer To Other Org | Yes (1) | TransferToOtherOrgInd |
| Transfer From Other Org | 0 | TransferFromOtherOrgInd |
Transactions Related Org TransactionsRelatedOrgGrp (5 entries)
| Transaction TypeTransactionTypeTxt | InvolvedInvolvedAmt | Method Of Amount DeterminationMethodOfAmountDeterminationTxt |
|---|---|---|
| NCAF Management LLC | ||
| R | $100,000 | CASH BASIS |
| NCAF Management II LLC | ||
| R | $105,000 | CASH BASIS |
| NCAF Management III LLC | ||
| R | $175,000 | CASH BASIS |
| NORTH COAST ANGEL FUND III LLC | ||
| R | $50,000 | CASH BASIS |
| GROWTH OPPORTUNITY PARTNERS | ||
| O | $188,252 | CASH BASIS |
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