JUMPSTART INC (EIN 341398522) - Form 990 Financial Analysis & Trantor Score

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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year

1983

Legal Domicile

Principal Officer

LORNE NOVICK

Phone

2163633400

Tax Period

2024-07-01 to 2025-06-30

JUMPSTART INC, founded in 1983, is a mid-sized nonprofit in the Community Improvement sector that reported $35.8M in total revenue in fiscal year 2024. Revenue surged 70% from the prior year, signaling strong growth momentum.

Mission

JUMPSTART DRIVES ECONOMIC VITALITY BY CONNECTING ENTREPRENEURS WITH ALL THEY NEED TO SUCCEED

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $27,950,562

Program Service Revenue $6,033,114

Investment Income $1,826,257

Other Revenue $0

TOTAL REVENUE $35,809,933

Expense Breakdown

Grants Paid $130,445

Salaries & Benefits $10,015,663

Fundraising Expenses $231,113

Program Expenses $29,732,093

Other Expenses $25,422,704

TOTAL EXPENSES $35,568,812

Year-over-Year Comparison

	2024	2023	Change
Revenue	$35,809,933	$21,064,299	+0.7%
Expenses	$35,568,812	$27,704,022	+0.3%
Net Income	$241,121	$-6,639,723	-1.0%

Key Indicators

✓ Grants to Organizations ✗ Grants to Individuals ✓ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✓ Schedule B Required

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Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Governance

Voting Members

Independent Members

Employees

Volunteers

129

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

$500,711

Total Directors

$636,711

Key Employees

$1,609,449

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
JULIE JACONO	CEO	40.00	Officer Director	$421,283	$11,185	$500,711
CINDY TORRES ESSELL	CHAIR	2.00	Officer Director	$0	$0	$0
JEANNE COUGHLIN	DIRECTOR	1.00	Director	$0	$0	$0
ANTHONGY CAMPANA	DIRECTOR	1.00	Director	$0	$0	$0
KATE ASBECK	VICE CHAIR, TREASURER	2.00	Officer Director	$0	$0	$0
BRIAN HALL	DIRECTOR	1.00	Director	$0	$0	$0
KARIM BOTROS	DIRECTOR	1.00	Director	$136,000	$0	$136,000
LARRY FULTON	VICE CHAIR	1.00	Director	$0	$0	$0
CHERYL PEREZ	DIRECTOR	1.00	Director	$0	$0	$0
DEBORAH YUE	DIRECTOR	1.00	Director	$0	$0	$0
JEAN-CLAUDE KIHN	DIRECTOR	1.00	Director	$0	$0	$0
BILL SEELBACH	DIRECTOR	1.00	Director	$0	$0	$0
TODD GREEN	DIRECTOR	1.00	Director	$0	$0	$0
DREW PURCELL	VICE CHAIR	2.00	Officer Director	$0	$0	$0
KIPUM LEE	VICE CHAIR	2.00	Officer Director	$0	$0	$0
ANGEL RODRIGUEZ	DIRECTOR	1.00	Director	$0	$0	$0
STEVE FENING	DIRECTOR	1.00	Director	$0	$0	$0
KARAN JOLLY	DIRECTOR	1.00	Director	$0	$0	$0
ANNE GRAFFICE	DIRECTOR	1.00	Director	$0	$0	$0
DEAN UHER	DIRECTOR	1.00	Director	$0	$0	$0
PAUL WELLENER	DIRECTOR	1.00	Director	$0	$0	$0
MARCO GRGUREVIC	DIRECTOR	1.00	Director	$0	$0	$0
JOE GLICK	DIRECTOR	1.00	Director	$0	$0	$0
JOE RICH	DIRECTOR	1.00	Director	$0	$0	$0
LORNE J NOVICK	CHIEF SERVICES OFFICER	40.00	Key Emp	$305,840	$24,670	$330,510
JOHN WILLIAM GRACE JR	CHIEF WORKFORCE OFFICER	40.00	Key Emp	$294,793	$9,108	$303,901
COREY O JAMES	CHIEF EQUITY OUTREACH & INITIATIVE	40.00	Key Emp	$199,385	$16,516	$215,901
KALEIGH GALLAGHER	VP, TECH SERVICES AND NETWORK MANAGEMENT	40.00	Key Emp	$188,925	$10,429	$199,354
NAKIA L HUBBARD	SVP, MARKETING & COMMUNICATIONS	40.00	Key Emp	$186,705	$6,335	$193,040
ERIC AMANFOH	VP, FINANCE	40.00	Key Emp	$183,187	$6,306	$189,493
KIMALON ARNETTA DIXON	VP OF STRATEGIC PARTNERSHIPS	40.00	Key Emp	$162,807	$14,443	$177,250
DANIELLE M MORRIS	SR. DIRECTOR, REVENUE & COMPLIANCE MANAGEMENT	40.00	Highest	$159,462	$14,248	$173,710
ALISON KING	DIRECTOR, BURTON D. MORGAN MENTORING	40.00	Highest	$150,543	$10,389	$160,932
FEOWYN A MACKINNON	SR. DIRECTOR, STRATEGIC BUSINESS INITIATIVES	40.00	Highest	$144,922	$13,231	$158,153
MICHELE HICKS	SR. DIRECTOR OF HUMAN RESOURCES	40.00	Highest	$126,079	$20,969	$147,048
CAMILLE GENISE HEARD	DIRECTOR, HIGH GROWTH SERVICES	40.00	Highest	$136,714	$8,086	$144,800
TELEANGE' THOMAS	FORMER COO	40.00		$432,965	$10,815	$443,780
JEROLD J FRANTZ	FORMER PRESIDENT JS VENTURES	40.00		$215,473	$24,123	$239,596
HARDIK DESAI	JSE MANAGING PARTNER	40.00		$193,857	$9,774	$548,631
VICKI MCDONALD	FORMER DIRECTOR OF COMMUNICATIONS	40.00		$103,772	$3,113	$106,885
MATTHEW WILLIAM MILLER	FORMER SR. VENTURE PARTNER	40.00		$146,066	$13,831	$159,897

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
2025	$35,809,933	$35,568,812	$89,008,754	$241,121
2024	$21,064,299	$27,704,022	$86,338,107	$-6,639,723
2023	$22,585,465	$24,603,929	$90,254,116	$-2,018,464
2022	$21,511,113	$21,635,652	$82,356,707	$-124,539
2021	$15,740,011	$20,518,500	$80,559,067	$-4,778,489
2020	$26,023,957	$24,854,718	$78,465,079	$1,169,239
2019	$22,837,746	$21,382,642	$76,688,561	$1,455,104
2018	$22,197,913	$18,809,939	$71,030,252	$3,387,974

JUMPSTART INC