THE JACOBS CENTER FOR NEIGHBORHOOD INNOVATION

EIN: 330683658 501(c)(3) Community Improvement

SAN DIEGO, CA

Total Revenue
$1,163,445
Total Expenses
$5,881,079
Total Assets
$54,360,319
Net Assets
$38,935,591
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Financial Trends

Organization Details

Formation Year
1995
Legal Domicile
CA
Principal Officer
SELENA ELLIS-VIZCARRA
Phone
6195276161
Tax Period
2023-01-01 to 2023-12-31

THE JACOBS CENTER FOR NEIGHBORHOOD INNOVATION, founded in 1995, is a community nonprofit in the Community Improvement sector that reported $1.2M in total revenue in fiscal year 2023. Revenue fell 79% from the prior year — a significant decline worth monitoring. Expenses of $5.9M exceeded revenue, resulting in a 405% operating deficit.

Mission

JCNI WORKS TO IMPROVE THE LIVES OF PEOPLE LIVING WITHIN SAN DIEGO, CALIFORNIA'S MOST HISTORICALLY DISINVESTED NEIGHBORHOODS IN SOUTHEASTERN SAN DIEGO WHILE ENGAGING IN COMMUNITY REDEVELOPMENT, COMMUNITY PLANNING AND PARTICIPATION AND STRATEGIC PARTNERS.

Program Service Accomplishments

Program 1
Expenses: $4,153,481 Revenue: $887,683

ALL OF JCNI'S ACTIVITIES CONTRIBUTE TO THE FURTHERANCE OF A NEIGHBORHOOD INNOVATION DISTRICT WITHIN SAN DIEGO'S DIAMOND NEIGHBORHOODS. SPECIFIC ACTIVITIES INCLUDE: 1) WORK RELATED TO PHYSICAL...

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ALL OF JCNI'S ACTIVITIES CONTRIBUTE TO THE FURTHERANCE OF A NEIGHBORHOOD INNOVATION DISTRICT WITHIN SAN DIEGO'S DIAMOND NEIGHBORHOODS. SPECIFIC ACTIVITIES INCLUDE: 1) WORK RELATED TO PHYSICAL INFRASTRUCTURE AND PHYSICAL ASSETS WITHIN THE COMMUNITY. (EXAMPLES INCLUDE: CONSTRUCTION OF THE TROLLEY PARK TERRACE AFFORDABLE HOUSING COMPLEX, SECURING AN ACTIVE TRANSPORTATION PROGRAM GRANT TO EFFECT OVER $4 MILLION IN IMPROVEMENTS TO CREATE COMPLETE STREETS IN THE NEIGHBORHOOD SURROUNDING MARKET STREET AND EUCLID AVENUE, AND COMPLETING A RIVER PARKWAY ADJOINING CHOLLAS CREEK); 2) WORK RELATED TO PROMOTING THE ARTS WITHIN THE DIAMOND NEIGHBORHOODS, AND USING ARTS AS A TOOL FOR ECONOMIC DEVELOPMENT AND COMMUNITY COHESION. (EXAMPLES INCLUDE: SECURING FUNDS FROM THE NATIONAL ENDOWMENT FOR THE ARTS, THE CITY ARTS COMMISSION, AS WELL AS FUNDS FROM PRIVATE AND CORPORATE DONORS TO SUPPORT AN ARTIST IN RESIDENCE, PUBLIC ART PROJECTS, AND A POP-UP ART GALLERY FOR LOCAL ARTISTS TO DISPLAY AND SELL THEIR WORK); 3) PROMOTING IMPROVEMENTS TO LOCAL EDUCATION, THROUGH ACTIVITIES THAT SUPPORT THE SUCCESS OF PUBLIC SCHOOLS, CHARTER SCHOOLS, AND ORGANIZATIONS WITH AN EDUCATION-SERVING MISSION LOCATED THROUGHOUT THE DIAMOND NEIGHBORHOODS. (EXAMPLES INCLUDE: SUPPORTING THE DIAMOND EDUCATIONAL EXCELLENCE PARTNERSHIP; CREATING CURRICULA WHICH BENEFIT STUDENTS ATTENDING THE LOCAL PUBLIC SCHOOLS; PARTNERSHIP WITH KIPP CHARTER SCHOOLS TO BRING ADDITIONAL EDUCATIONAL OPPORTUNITIES TO FAMILIES; OPERATING ACADEMIC ENRICHMENT PROGRAMS ON-SITE IN PARTNERSHIP WITH THE LOCAL YMCA); 4) PROMOTION OF AN ECO-DISTRICT WITHIN JCNI'S SERVICE AREA. THIS INCLUDES NOT ONLY JCNI'S HISTORIC COMMITMENT TO LEED PRINCIPLES, BUT ALSO A PROJECT DESIGNED TO CONNECT LOW INCOME RESIDENTS WITH ENERGY-SAVING PUBLIC ASSISTANCE PROGRAMS, INCLUDING UTILITY-RUN PROGRAMS, FOR WHICH THEY MAY BE ELIGIBLE; THE ECO-DISTRICT WILL ALSO INCLUDE A CREEK STEWARDSHIP PROGRAM TO SUPPORT THE SUSTAINABILITY OF RESTORATION WORK DONE ON CHOLLAS CREEK THROUGH RESIDENT VOLUNTEERISM 5) CREATION OF AN URBAN ENTREPRENEURSHIP PARK, ALONG WITH PROGRAMS DESIGNED TO PROVIDE TECHNICAL ASSISTANCE AND STARTUP FUNDING FOR LOCAL ENTREPRENEURS. (COMPONENTS WILL INCLUDE OPERATION OF A LOCAL SMALL BUSINESS RESOURCE CENTER, OPERATION OF A BUSINESS ACCELERATOR PROGRAM, SPONSORSHIP OF PERIODIC BUSINESS PLAN COMPETITIONS, AS WELL AS MENTORING ACTIVITIES); 6) CONTRIBUTING TO CAPACITY BUILDING ACTIVITIES AMONG NEIGHBORHOOD COMMUNITY BASED ORGANIZATIONS AND ARTISTS BY CONVENING AND NURTURING CROSS-SECTOR COALITIONS TO INCREASE INVESTMENT INTO THE COMMUNITY AND TO DRIVE COMMUNITY CHANGE AROUND A SHARED VISION AND AGENDA.JCNI EMPLOYS A NEIGHBORHOOD INNOVATION DISTRICT (NID) METHODOLOGY, AS DESCRIBED BY THE BROOKINGS INSTITUTION (SEE: HTTP://WWW.BROOKINGS.EDU/ABOUT/PROGRAMS/METRO/INNOVATION-DISTRICTS). THE NID FRAMEWORK PROMOTES INCLUSIVE INNOVATION, AND EQUITABLE ACCESS TO COMMUNITY RESOURCES, COUPLED WITH INFORMATION SHARING AND ACTIVITIES THAT PROMOTE CITIZEN ENGAGEMENT, AS WELL AS THE STRENGTHENING OF LOCAL NONPROFITS. NIDS PROMOTE AN INNOVATION ECOSYSTEM AT THE INTERSECTION OF A REGION'S ECONOMIC ASSETS, PHYSICAL ASSETS, AND NETWORKING ASSETS. TO MAXIMIZE ITS EFFECTIVENESS, JCNI HAS FORGED A PUBLIC PRIVATE PARTNERSHIP WITH THE CITY OF SAN DIEGO, AND PARTNERS WITH OTHER ENTITIES SUCH AS THE SAN DIEGO ASSOCIATION OF GOVERNMENTS, THE SAN DIEGO UNIFIED SCHOOL DISTRICT, AND THE METROPOLITAN TRANSIT SYSTEM TO ACHIEVE ITS MISSION.

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Trantor Score

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $376,143
Program Service Revenue $0
Investment Income $103,516
Other Revenue $683,786
TOTAL REVENUE $1,163,445

Expense Breakdown

Grants Paid $35,000
Salaries & Benefits $1,003,394
Fundraising Expenses $0
Program Expenses $4,153,481
Other Expenses $4,842,685
TOTAL EXPENSES $5,881,079

Year-over-Year Comparison

2023 2022 Change
Revenue $1,163,445 $5,652,129 -0.8%
Expenses $5,881,079 $7,558,448 -0.2%
Net Income $-4,717,634 $-1,906,319 +1.5%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Governance

Voting Members
9
Independent Members
9
Employees
9
Volunteers
5

Governance Policies

Conflict of Interest Policy
Whistleblower Policy
Document Retention Policy

Special Practices & Reported Activities

Operated a School
Operated a Hospital
Provided First Class Travel
Reported Conflict of Interest
Reported Asset Diversion
Excess Benefit Transaction
Made Political Expenditures
Engaged in Lobbying
Operated Donor Advised Fund
Maintained Art Collections
Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
5
$199,303
Total Directors
9
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
JUAN CARLOS HERNANDEZ TREASURER 5.00
Officer Director
$0 $0 $0
PAUL ROBINSON SECRETARY 5.00
Officer Director
$0 $0 $0
VALERIE JACOBS HAPKE CHAIRMAN 5.00
Officer Director
$0 $0 $0
CLAIRE HAPKE VICE CHAIRMAN 5.00
Officer Director
$0 $0 $0
ALBERTO VAZQUEZ DIRECTOR 5.00
Director
$0 $0 $0
LONNIE LUCAS DIRECTOR 5.00
Director
$0 $0 $0
LOUIE NGUYEN DIRECTOR 5.00
Director
$0 $0 $0
ANDREW HAPKE DIRECTOR 5.00
Director
$0 $0 $0
NORMAN F HAPKE JR DIRECTOR 5.00
Director
$0 $0 $0
SELENA ELLIS-VISCARRA PRESIDENT & CEO 50.00
Officer
$194,726 $4,577 $199,303
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2024 No data No data No data No data
2023 $1,163,445 $5,881,079 $54,360,319 $-4,717,634
2022 $5,440,633 $7,592,837 $59,473,487 $-2,152,204
2022 $5,652,129 $7,558,448 $59,506,196 $-1,906,319
2021 $4,267,167 $7,093,729 $67,799,135 $-2,826,562
2020 $3,969,657 $6,585,303 $60,390,021 $-2,615,646
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