Totals
- Total revenue
- $21,064,299
- Total expenses
- $27,704,022
- Contributions and grants received
- $17,313,212
- Grants paid
- $362,779
- Program service revenue
- $2,407,399
- Investment income
- $1,343,688
- Other revenue
- $0
- Total assets, end of year
- $86,338,107
- Total liabilities, end of year
- $26,169,414
- Net assets or fund balances, end of year
- $60,168,693
- Program services expenses (Part IX)
- $21,665,214
- Management and general expenses
- $5,021,981
- Fundraising expenses
- $1,016,827
- Program service expenses (Part III)
- $21,665,214
Program services were 78.2% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.
Line items
Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.
Revenue
Part VIII, the statement of revenue.
-
1e · Government grants (contributions)
$10,632,484
-
1f · All other contributions, gifts and grants
$6,680,728
-
2a · Program service revenue: OTHER INCOME
total $1,340,939 · related or exempt $1,340,939
-
2b · Program service revenue: SUPPORT SERVICE
total $1,066,460 · related or exempt $999,086 · unrelated business $67,374
-
3 · Investment income
total $1,209,959 · excluded $1,209,959
-
7a · Gross sales of assets other than inventory
other assets $7,646,723
-
7b · Less cost or other basis and sales expenses
other assets $7,512,994
-
7c · Gain or loss
other assets $133,729
-
7d · Net gain or loss
total $133,729 · excluded $133,729
Functional expenses
Part IX, the statement of functional expenses.
-
1 · Grants to domestic organizations and governments
total $362,779 · program services $362,779
-
5 · Compensation of officers, directors and key employees
total $1,916,158 · program services $1,188,018 · management and general $594,009 · fundraising $134,131
-
6 · Compensation of disqualified persons
total $6,833,932 · program services $4,196,867 · management and general $2,146,763 · fundraising $490,302
-
8 · Pension plan contributions
total $261,670 · program services $222,420 · management and general $31,400 · fundraising $7,850
-
9 · Other employee benefits
total $1,671,449 · program services $559,410 · management and general $918,297 · fundraising $193,742
-
10 · Payroll taxes
total $640,571 · program services $544,485 · management and general $76,869 · fundraising $19,217
-
11b · Fees: legal
total $40,660 · program services $13,011 · management and general $27,649
-
11c · Fees: accounting
total $118,714 · program services $37,988 · management and general $80,726
-
11f · Fees: investment management
total $177,546 · program services $124,280 · management and general $46,164 · fundraising $7,102
-
11g · Fees: other
total $4,657,352 · program services $4,314,743 · management and general $241,758 · fundraising $100,851
-
12 · Advertising and promotion
total $452,283 · program services $361,826 · management and general $90,457
-
13 · Office expenses
total $494,929 · program services $377,371 · management and general $117,088 · fundraising $470
-
16 · Occupancy
total $1,173,083 · program services $957,671 · management and general $178,641 · fundraising $36,771
-
17 · Travel
total $1,368,184 · program services $1,094,547 · management and general $273,637
-
20 · Interest
total $131,063 · program services $91,744 · management and general $34,076 · fundraising $5,243
-
22 · Depreciation, depletion and amortization
total $337,130 · program services $235,991 · management and general $87,654 · fundraising $13,485
-
23 · Insurance
total $81,583 · program services $57,108 · management and general $21,212 · fundraising $3,263
-
24a · Other expenses: SUPPORT TO COLLABORATOR
total $5,509,059 · program services $5,509,059
-
24b · Other expenses: AWARDS
total $1,326,118 · program services $1,266,137 · management and general $55,581 · fundraising $4,400
-
24c · Other expenses: PROGRAM EXPENSES
total $156,759 · program services $156,759
-
24d · Other expenses: BAD DEBT RECOVERY
total -$7,000 · program services -$7,000
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $3,053,065 · end of year $1,811,302
-
2 · Savings and temporary cash investments
beginning of year $93,572 · end of year $157,330
-
3 · Pledges and grants receivable
beginning of year $4,737,856 · end of year $4,106,693
-
4 · Accounts receivable
beginning of year $1,797,679 · end of year $3,851,978
-
9 · Prepaid expenses and deferred charges
beginning of year $471,100 · end of year $266,045
-
10a · Land, buildings and equipment: cost or other basis
$1,797,261
-
10b · Land, buildings and equipment: accumulated depreciation
$1,301,191
-
10c · Land, buildings and equipment, net
beginning of year $674,048 · end of year $496,070
-
11 · Investments: publicly traded securities
beginning of year $133,969 · end of year $240
-
13 · Investments: program-related
beginning of year $47,552,210 · end of year $49,155,473
-
15 · Other assets
beginning of year $31,740,617 · end of year $26,492,976
-
17 · Accounts payable and accrued expenses
beginning of year $2,962,554 · end of year $3,983,792
-
21 · Escrow or custodial account liability
beginning of year $196,512 · end of year $113,212
-
23 · Secured mortgages and notes payable
beginning of year $12,448,694 · end of year $16,216,710
-
25 · Other liabilities
beginning of year $6,164,220 · end of year $5,855,700
-
27 · Net assets without donor restrictions
beginning of year $63,532,185 · end of year $57,837,132
-
28 · Net assets with donor restrictions
beginning of year $4,949,951 · end of year $2,331,561
Mission and programs · 2023
Mission
TO DRIVE ECONOMIC VITALITY BY CONNECTING ENTREPRENUERS TO THE OPPORTUNITIES AND RESOURCES THEY NEED TO SUCCEED.
Activities or mission (Part I)
DRIVE ECONOMIC VITALITY BY CONNECTING ENTREPRENUERS WITH ALL THEY NEED TO SUCCEED.
-
ENTREPRENEURIAL SERVICES (ESP) AND INVESTING:AS THE STATE OF OHIO DESIRES TECHNOLOGY COMPANY GROWTH AS PART OF ITS ECONOMIC DEVELOPMENT PLAN, JUMPSTART INC PERFORMS BOTH THE FUNCTION TO PREPARE VENTURE INVESTABLE COMPANIES FOR CAPITAL, AND FUNCTIONS AS A REGIONAL VENTURE INVESTOR. THROUGH THE COMBINATION OF BOTH FUNCTIONS, TECH COMPANIES CAN ESTABLISH AND ACHIEVE EARLY STAGE CAPTIAL SO THAT THEIR IMPACT TO THE REGION WILL CONTRIBUTE TO THE ALLEVIATION OF ECONOMIC DECLINE.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 2024, JUMPSTART HAS INVESTED $107.2M IN 183 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 ARE ASSIGNED TO A CLIENT COMPANY TO 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 TO MEET INDIVIDUAL MILESTONES, INCLUDING FINALIZING INTELLECTUAL PROPERTY, SECURING FOLLOW-ON CAPITAL, BUILDING INTERNAL SYSTEMS, AND DEVELOPING STRATEGIC PARTNER AND CLIENT RELATIONSHIPS.
Expenses $6,066,260 · Revenue $999,086
-
OUTREACH 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 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.THROUGH THESE EFFORTS, JUMPSTART SEEKS TO BUILD AWARENESS OF SERVICES TO COMPANIES THAT NEED AND QUALIFY FOR SUPPORT.JUMPSTART'S MEDIA OUTREACH AND EVENTS CONTINUALLY INFORM AND EDUCATE OHIO'S ENTREPRENEURS, GIVING VISIBILITY TO THE SUCCESS OF ENTREPRENEURIAL VENTURES AND PROVIDING SUPPORT TO ENABLE A THRIVING ENTREPRENEURIAL COMMUNITY. FROM 7/1/23 THROUGH 06/30/24, JUMPSTART: 1) COMMUNICATED WITH MORE THAN 55,700 EMAIL SUBSCRIBERS AND MORE THAN 35,500 SOCIAL MEDIA FOLLOWERS, HIGHLIGHTING ENTREPRENEURIAL SUCCESSES AS WELL AS EVENTS FOR NETWORKING AND LEARNING.2) ACHIEVED 675 TOTAL MEDIA MENTIONS HIGHLIGHTING CLIENT SUCCESS STORIES AND SHARING VALUABLE 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 15 IN-PERSON AND 18 VIRTUAL EVENTS EMPOWERING ENTREPRENEURS TO BUILD CRITICAL RESOURCE CONNECTIONS IN PERSON AND 18 VIRTUAL EVENTS EMPOWERING ENTREPRENEURS TO BUILD CRITICAL RESOURCE CONNECTIONS 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 06/30/24, THERE HAVE BEEN MORE THAN 37,200 PODCAST DOWNLOADS FROM JUMPSTART CHANNELS AND MORE THAN 36,000 VIDEO VIEWS ON JUMPSTART'S YOUTUBE CHANNEL. OVERALL, THERE WERE MORE THAN 88,700 UNIQUE VISITORS TO JUMPSTART WEBSITES IN FISCAL YEAR 2024.
Expenses $1,083,261 · Revenue $1,340,939
-
NETWORK ADVISORS & ECONOMIC DEVELOPMENT:AS A NONPROFIT ORGANIZATION SUPPORTING STARTUP COMPANIES ACROSS A RANGE OF SECTORS ON CRITICAL BUSINESS CHALLENGES, JUMPSTART LEVERAGES A NETWORK OF SUBJECT MATTER EXPERTS TO DELIVER HIGH-QUALITY GUIDANCE TO EARLY-STAGE VENTURES THAT MAY NOT OTHERWISE HAVE ACCESS TO THIS LEVEL OF SUPPORT. THIS TARGETED ASSISTANCE SIGNIFICANTLY ENHANCES THE LIKELIHOOD OF SUCCESS FOR PARTICIPATING COMPANIES ACROSS THE REGION. THIS PROGRAM SERVES AS A STRATEGIC COMPONENT OF BROADER ECONOMIC REVITALIZATION EFFORTS. BY FACILITATING INITIAL CONNECTIONS AND PROVIDING EARLY MOMENTUM, IT PLAYS A PIVOTAL ROLE IN ADVANCING THE DEVELOPMENT OF HIGH-POTENTIAL BUSINESSES AND FOSTERING REGIONAL ECONOMIC GROWTH.THIS NETWORK OF INDIVIDUALS PROVIDES EDUCATION AND INFORMATION TO INDIVIDUALS CONCERNING THE DEVELOPMENT AND OPERATION OF SMALL BUSINESSES IN NORTHERN OHIO TO ENCOURAGE THE INITIATION, EXPANSION, GROWTH, AND MATURATION OF BOTH NEW AND EXISTING SMALL BUSINESSES, 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. THE OVERALL ADVISORY PROGRAM IS A VITAL ASPECT IN THE GOAL OF 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. THE GUIDANCE OF EARLY-STAGE ENTREPRENEURIAL ENDEAVORS PROVIDES INSIGHT AND KNOWLEDGE AND GENERALLY BROADENS THE VISION OF THE ENTREPRENEUR. JUMPSTART BELIEVES IN ACCELERATING THE GROWTH OF REGIONAL STARTUPS AND SMALL BUSINESSES BECAUSE IT IS A CRITICAL COMPONENT OF BUILDING AND SUSTAINING A HEALTHY ECONOMY. THESE FIRMS HOLD GREAT PROMISE FOR THE REGION SO JUMPSTART IS FOCUSED ON GROWING THE BUSINESSES THAT CAN EMPLOY MUCH LARGER NUMBERS. THERE IS A CRITICAL GAP IN FUNDING AND SUPPORT FOR EARLY-STAGE, ECONOMICALLY DISADVANTAGED, HIGH-POTENTIAL BUSINESSES THAT COULD BECOME LARGE COMPANIES THAT CREATE JOBS, WEALTH, AND PROSPERITY. THROUGH ECONOMIC INITIATIVES, JUMPSTART PROVIDES ASSISTANCE TAILORED TO THE SPECIFIC NEEDS OF THESE HISTORICALLY UNDERSERVED COMMUNITIES TO GUIDE HIGH-IMPACT BUSINESSES SEEKING TO RAISE CAPITAL FROM PRIVATE INVESTORS TO BECOME LARGER-SCALE NATIONAL AND INTERNATIONAL FIRMS. ADVISORS ALSO ASSIST TARGETED BUSINESSES SITUATED IN THE URBAN CENTERS OF NORTHERN OHIO.
Expenses $14,515,693 · Grants $362,779
As filed on the 2023 return. The filer continues this part on Schedule O, which is not shown here.
Listed in Part VII
-
Jeanne CoughlinJEANNE COUGHLIN
BOARD CHAIR
- Total calculated
- $0
- Hours/week
- 2
-
Kate AsbeckKATE ASBECK
VICE CHAIR. TREASURER
- Total calculated
- $0
- Hours/week
- 2
-
Cindy Torres EssellCINDY TORRES ESSELL
VICE CHAIR
- Total calculated
- $0
- Hours/week
- 2
-
Barbara PaynterBARBARA PAYNTER
VICE CHAIR
- Total calculated
- $0
- Hours/week
- 2
-
Jose VasquezJOSE VASQUEZ
VICE CHAIR
- Total calculated
- $0
- Hours/week
- 2
-
Karim BotrosKARIM BOTROS
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Anthony CampanaANTHONY CAMPANA
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Carol CarusoCAROL CARUSO
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Gerrick DossGERRICK DOSS
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Larry FultonLARRY FULTON
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Brian HallBRIAN HALL
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Jean-Claude KihnJEAN-CLAUDE KIHN
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Cheryl PerezCHERYL PEREZ
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Mark SamolczykMARK SAMOLCZYK
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Sharon ToerekSHARON TOEREK
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Deborah YueDEBORAH YUE
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Todd GreenTODD GREEN
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Kipum LeeKIPUM LEE
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Drew PurcellDREW PURCELL
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Bill SeelbachBILL SEELBACH
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
John W Grace JrJOHN W GRACE JR
CHIEF PEOPLE, CULTURE, FACILITIES
- Total calculated
- $228,872
- From this org
- $222,005
- From related orgs
- $0
- Other
- $6,867
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $191,425
- Bonus
- $30,429
- Other
- $151
- Deferred
- $6,656
- Nontaxable benefits
- $211
- Filer's total
- $228,872
-
Teleange ThomasTELEANGE THOMAS
CHIEF OPERATING & RELATION
- Total calculated
- $349,271
- From this org
- $336,724
- From related orgs
- $0
- Other
- $12,547
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $270,973
- Bonus
- $65,583
- Other
- $168
- Deferred
- $10,219
- Nontaxable benefits
- $2,328
- Filer's total
- $349,271
-
Julie JaconoJULIE JACONO
CHIEF EXECUTIVE OFFICER
- Total calculated
- $150,000
- From this org
- $150,000
- From related orgs
- $0
- Other
- $0
- Hours/week
- 0
-
Hardik DesaiHARDIK DESAI
MANAGING PTNR, NEXT FUND
- Total calculated
- $297,667
- From this org
- $288,800
- From related orgs
- $0
- Other
- $8,867
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $233,139
- Bonus
- $55,493
- Other
- $168
- Deferred
- $8,647
- Nontaxable benefits
- $220
- Filer's total
- $297,667
-
Lorne J NovickLORNE J NOVICK
CHIEF SERVICES OFFICER
- Total calculated
- $257,748
- From this org
- $243,526
- From related orgs
- $0
- Other
- $14,222
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $195,079
- Bonus
- $48,195
- Other
- $252
- Deferred
- $7,510
- Nontaxable benefits
- $6,712
- Filer's total
- $257,748
-
Eric AmanfohERIC AMANFOH
VP, FINANCE
- Total calculated
- $190,625
- From this org
- $184,215
- From related orgs
- $0
- Other
- $6,410
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $159,487
- Bonus
- $24,504
- Other
- $224
- Deferred
- $5,630
- Nontaxable benefits
- $780
- Filer's total
- $190,625
-
Kaliegh GallagherKALIEGH GALLAGHER
VP, TECH SVC, NETWORK
- Total calculated
- $187,094
- From this org
- $179,309
- From related orgs
- $0
- Other
- $7,785
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $159,645
- Bonus
- $19,519
- Other
- $145
- Deferred
- $5,497
- Nontaxable benefits
- $2,288
- Filer's total
- $187,094
-
Nakia HubbardNAKIA HUBBARD
SR VP, MARKETING & COMMUNICATIONS
- Total calculated
- $176,870
- From this org
- $160,880
- From related orgs
- $0
- Other
- $15,990
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $153,218
- Bonus
- $7,416
- Other
- $246
- Deferred
- $5,164
- Nontaxable benefits
- $10,826
- Filer's total
- $176,870
-
Danielle MorrisDANIELLE MORRIS
SR DIR, REV & COMPLIANCE
- Total calculated
- $161,212
- From this org
- $154,539
- From related orgs
- $0
- Other
- $6,673
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $147,595
- Bonus
- $6,618
- Other
- $326
- Deferred
- $4,565
- Nontaxable benefits
- $2,108
- Filer's total
- $161,212
-
Ray T LeachRAY T LEACH
FORMER, CEO
- Total calculated
- $777,457
- From this org
- $751,788
- From related orgs
- $0
- Other
- $25,669
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $381,102
- Bonus
- $370,144
- Other
- $542
- Deferred
- $18,277
- Nontaxable benefits
- $7,392
- Filer's total
- $777,457
-
Karen C AdameKAREN C ADAME
FORMER, CFO
- Total calculated
- $300,603
- From this org
- $285,894
- From related orgs
- $0
- Other
- $14,709
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $233,716
- Bonus
- $51,069
- Other
- $1,109
- Deferred
- $7,324
- Nontaxable benefits
- $7,385
- Filer's total
- $300,603
-
Jerold J FrantzJEROLD J FRANTZ
FORMER, PRESIDENT JS VENTURE
- Total calculated
- $336,957
- From this org
- $319,208
- From related orgs
- $0
- Other
- $17,749
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $254,535
- Bonus
- $63,565
- Other
- $1,108
- Deferred
- $9,904
- Nontaxable benefits
- $7,845
- Filer's total
- $336,957
-
Kevin MendelsohnKEVIN MENDELSOHN
FORMER, SR VENTURE
- Total calculated
- $216,860
- From this org
- $210,555
- From related orgs
- $0
- Other
- $6,305
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $183,543
- Bonus
- $26,626
- Other
- $386
- Deferred
- $6,305
- Nontaxable benefits
- $0
- Filer's total
- $216,860
-
Nadine NanaNADINE NANA
FORMER, VENTURE PARTNER
- Total calculated
- $184,559
- From this org
- $168,480
- From related orgs
- $0
- Other
- $16,079
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $155,710
- Bonus
- $12,521
- Other
- $249
- Deferred
- $5,437
- Nontaxable benefits
- $10,642
- Filer's total
- $184,559
-
A Lamont MackleyA LAMONT MACKLEY
FORMER. CHIEF INCLUSION
- Total calculated
- $145,057
- From this org
- $137,863
- From related orgs
- $0
- Other
- $7,194
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $105,517
- Bonus
- $30,616
- Other
- $1,730
- Deferred
- $3,272
- Nontaxable benefits
- $3,922
- Filer's total
- $145,057
-
Matthew W MillerMATTHEW W MILLER
FORMER, MANAGING PARTNER
- Total calculated
- $255,257
- From this org
- $239,962
- From related orgs
- $0
- Other
- $15,295
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $206,368
- Bonus
- $31,460
- Other
- $2,134
- Deferred
- $7,450
- Nontaxable benefits
- $7,845
- Filer's total
- $255,257
-
Roy Eugene HodgeROY EUGENE HODGE
FORMER, ENTREPRENUER IN RESIDENCE
- Total calculated
- $163,005
- From this org
- $151,662
- From related orgs
- $0
- Other
- $11,343
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $144,509
- Bonus
- $6,549
- Other
- $604
- Deferred
- $4,730
- Nontaxable benefits
- $6,613
- Filer's total
- $163,005
Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those. A Schedule J breakdown is as filed: base pay, bonus, other, deferred compensation and nontaxable benefits from this organization, with any from related organizations beside each, and the filer's own total. It is shown with the Part VII listing of the same name on the same return. The form gives no key between the two, so that pairing is ours, and is marked matched by us.
Schedule J
Answered yes
- 1a · Health or social club dues or initiation fees
- 2 · Substantiation required before reimbursing expenses
- 3 · Compensation committee
- 3 · Independent compensation consultant
- 3 · Form 990 of other organizations
- 3 · Compensation survey or study
- 3 · Approval by the board or compensation committee
- 4a · Severance or change-of-control payment
Answered no
- 1b · Written policy on the line-1a expenses
- 4b · Supplemental nonqualified retirement plan
- 4c · Equity-based compensation arrangement
- 5a · Pay contingent on this organization's revenues
- 5b · Pay contingent on a related organization's revenues
- 6a · Pay contingent on this organization's net earnings
- 6b · Pay contingent on a related organization's net earnings
- 7 · Other non-fixed payments
- 8 · Paid under the initial-contract exception
The filer's explanations (Part III)
- PART I, LINE 1A
- 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 FORMER CEO, RAY LEACH, AND WAS NOT RENEWED AFTER DECEMBER 31, 2023.
- PART I, LINE 4A
- JEROLD J FRANTZ RECEIVED SEVERANCE IN THE AMOUNT OF $127,269 WHICH WILL BE PAID SUBSEQUENT TO THE FISCAL YEAR 2024.
- FORM 990, SCHEDULE J, PART II, COLUMN B(II)
- IN 2023, JUMPSTART PAID AMOUNTS EARNED FROM A LONG-TERM INCENTIVE PROGRAM WHICH IS INCLUDED IN BONUS AND COMPENSATION.
Part I's answers as filed. A line not listed was left unanswered; on lines 1a and 3 that means the box was not checked.
Grants on this return
-
READY SET COFFEE
$38,500
BUSINESS SUPPORT
-
COVERMECUTEE LLC
$31,500
BUSINESS SUPPORT
-
THE FILTER FACTORY INC
$28,500
BUSINESS SUPPORT
-
LDP PARTNERS LLC
$25,000
BUSINESS SUPPORT
-
MEDTECH SOLUTIONS LLC
$25,000
BUSINESS SUPPORT
-
UNBAR CAFE INC
$21,000
BUSINESS SUPPORT
-
AUXILIUM HEALTH INC
$16,000
BUSINESS SUPPORT
-
BK BEAUTY SUPPLY LLC
$11,000
BUSINESS SUPPORT
-
MEMORIES BY BEE
$11,000
BUSINESS SUPPORT
-
CAFILIA LLC
$10,000
BUSINESS SUPPORT
The 10 largest by cash amount. The API serves every itemized grant.
Taxable family on this return
Schedule R Parts I, III and IV, as filed. These record ownership and control, not shared board members or money moved.
Related partnerships
Part III: related organizations taxable as a partnership, with the filer's share.
-
NCAF MANAGEMENT LLC
INVESTMENT MANAGEMENT · OH · 97.97% owned · share of income -$2,033 · share of assets -$8,909 · general or managing partner
Directly controlled by JUMPSTART ENTERPRISES INC
-
NCAF MANAGEMENT II LLC
INVESTMENT MANAGEMENT · OH · 100% owned · share of income -$172,618 · share of assets $323,672 · general or managing partner
Directly controlled by JUMPSTART ENTERPRISES INC
-
JNF MANAGEMENT LLC
INVESTMENT MANAGEMENT · OH · 100% owned · share of income -$45,513 · share of assets $37,973 · general or managing partner
Directly controlled by JUMPSTART ENTERPRISES INC
-
NCAF MANAGEMENT III LLC
INVESTMENT MANAGEMENT · OH · 100% owned · share of income -$141,813 · share of assets $670,191 · general or managing partner
Directly controlled by JUMPSTART ENTERPRISES INC
-
JUMPSTART NEXT FUND LLC
INVESTMENT MANAGEMENT · OH · 3.6% owned · share of income -$34,486 · share of assets $860,175
-
NORTH COAST ANGEL FUND III LLC
INVESTMENT MANAGEMENT · OH · 1.97% owned · share of income -$1,919 · share of assets $73,579
-
JUMPSTART NEXT FUND LLC - CUYAHOGA CTY
INVESTMENT MANAGEMENT · OH · 16.84% owned · share of income -$161,309 · share of assets $1,633,370
-
JNF MANAGEMENT II LLC
INVESTMENT MANAGEMENT · OH · 100% owned · share of income $442,128 · share of assets $2,447,936
Directly controlled by JUMPSTART ENTERPRISES INC
-
JUMPSTART NEXT FUND II LLC
INVESTMENT MANAGEMENT · OH · 36.52% owned · share of income -$337,691 · share of assets $2,254,294
-
JS READYSET SPVI LLC
INVESTMENT MANAGEMENT · OH · 10% owned · general or managing partner
-
JS LSNR SPV LLC
INVESTMENT MANAGEMENT · OH · 10% owned · general or managing partner
-
JS DELIVERED SPV LLC
INVESTMENT MANAGEMENT · OH · 10% owned · general or managing partner
Related corporations and trusts
Part IV: related organizations taxable as a corporation or trust.
-
JUMPSTART ENTERPRISES INC
C · HOLDING COMPANY · OH · 100% owned · share of income $309,726 · share of assets $6,147,599
Provenance
- Return type
- form_990
- Tax year
- 2023
- Filed
- 14 May 2025
- IRS schema version
- 2023v6.0
- Source object
- 202511359349307581
Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.
The source document this was parsed from is served over the API, which is where bulk and document access live.