Oakland, CA
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)JAMKO FOUNDATION INCORPORATED, founded in 2019, is a small nonprofit that reported $213K in total revenue in fiscal year 2024. Revenue surged 131% from the prior year, signaling strong growth momentum. The organization ran a surplus of $40K, a strong 19% operating margin.
Jamko Foundation, Inc., founded December 2019, is a national 501(c)(3). Jamko works to ignite hope and provide tangible opportunities for people facing poverty and oppression. To help eradicate poverty of mind, body, spirit; we partner with vision-aligned agencies + projects that seek to stabilize a person in 5 key areas: Education, Employment, Finances, Housing and Healthy Well-being . At the heart of our vision is the Merchant Mariner Apprenticeship Training Program, opening doors for Opportunity Youth and Adults to gain skills, credentials, and careers in the maritime industry-bridging potential to prosperity.
Jamko Foundation, a 501c3 non-profit, was awarded a $350,000 Department of Apprenticeship Standards (DAS) planning grant to transform a legacy maritime training program into California's 1st...
Jamko Foundation, a 501c3 non-profit, was awarded a $350,000 Department of Apprenticeship Standards (DAS) planning grant to transform a legacy maritime training program into California's 1st Opportunity Youth Merchant Maritime Apprenticeship and U.S. Department of Labor certified maritime apprenticeship. The apprenticeship model creates a direct pipeline to unions and employers. Upon graduation, apprentices have a 90% retention rate after completing a registered apprenticeship program. (US Dept of Labor Nov 2024). Currently operating in the San Francisco Bay Area, the planning grant allows Jamko to set up the partnerships and facilities needed to expand training to the Ports of Long Beach and Los Angeles, and eventually San Diego. In addition, Jamko is in the process of becoming a U.S. Department of Labor certified apprenticeship. Jamko Foundation, Inc. attempts to help disadvantaged youth become positive, successful role models, while also working to relieve industry billet shortages and restore maritime historic vessels. We have found this to be a radically transformative experience for our trainees. Our strategic educational youth program partner in Oakland Unified is African-American Male Achievement (AAMA). Together, we are working to create an Apprenticeship for Opportunity Youth that provides, hands-on, classroom and work-based vocational training along with wraparound support services. The expected outcome is that student participants will be trained and fully licensed Merchant Marines by the time they graduate high school. Young Californians need this as a way to succeed and contribute to the local and global economies. This is a radically transformative experience for our trainees. A career with growth potential and a substantial salary seems impossible for teens and adults from marginalized communities.
Peer Level Technical Assistance including: grant research training, program development, fiscal and fiduciary support. We seek to develop relationships with local mission-aligned agencies to increase...
Peer Level Technical Assistance including: grant research training, program development, fiscal and fiduciary support. We seek to develop relationships with local mission-aligned agencies to increase their capacity and ensure their resiliency. JAMKO focuses on building capacity, strengthening and deploying servant leaders.
Jamko operates a merchant marine training and credentialing program from historic museum ships moored at California ports. Jamko provides skills-based vocational training that aligns with the Onet...
Jamko operates a merchant marine training and credentialing program from historic museum ships moored at California ports. Jamko provides skills-based vocational training that aligns with the Onet Occupation for Sailors and Marine Oilers 53-5011.00. The program helps trainees attain the required documents, coursework, physicals and drug tests to acquire a Merchant Mariner Credential and begin work. This opportunity is offered at no cost to trainees, includes wraparound supportive services such as financial literacy and culturally relevant counseling. A person with no high school diploma, no GED and no prior work experience, can complete our 12 week program and begin work as a licensed union Merchant Seafarer with a starting median union wage of $47K, plus benefits, retirement and global travel. Salaries can rise to $100,000+ (USD) in less than 3 years. Strong upward mobility and a shortage of American seafarers means that a young sailor can enjoy a long, prosperous career. Our program helps trainees attain the required documents, coursework, physicals and drug tests to acquire a Merchant Mariner Credential (MMC) and begin work. Our training model addresses key challenges facing youth seeking employment. Those obstacles are training and exposure to high-quality jobs with sustainable wages, benefits, and pathways for advancement. This is especially for youth and adults from underserved and disinvested communities. Merchant Mariners are licensed, union civilians working for private shipping companies or as non-military personnel on government vessels. The newly credentialed sailors choose to work for a government agency or join one of three maritime unions: Seafarer's Int'l Union (SIU), Marine Fireman's (MFOW), or Sailors Union of the Pacific (SUP). Industry demand is high as sea billets (jobs) are understaffed so 100% of our graduates have been going to work as Merchant Seafarers. Jamko seeks to introduce maritime careers and make the training and documentation attainable by paying direct training and documentation costs.
Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency
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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)
Sign In — Free (10 views/day)| 2024 | 2023 | Change | |
|---|---|---|---|
| Revenue | $212,719 | $92,154 | +1.3% |
| Expenses | $172,323 | $100,856 | +0.7% |
| Net Income | $40,396 | $-8,702 | -5.6% |
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
Sign In| Name | Title | Hours/Week | Role | Reportable Comp | Other Comp | Total |
|---|---|---|---|---|---|---|
| Michelle Edmond | Executive Director | 40 |
Key Emp
Highest
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$32,645 | $0 | $32,645 |
| Lawrence Edmond | Board Member | 5 |
Director
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$2,075 | $0 | $2,075 |
| Cynthia Grayson | President, Board of Director | 1 |
Director
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$0 | $0 | $0 |
| Dr Paula Hawthorn | Board Member | 1 |
Director
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$0 | $0 | $0 |
| John McClendon | Board Member | 1 |
Director
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$0 | $0 | $0 |
| Burley Pie aka John McDowell | Board Member | 1 |
Director
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$0 | $0 | $0 |
| Patricia Ramos | Board Member | 1 |
Director
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$0 | $0 | $0 |
| Robert Read | Board Member | 1 |
Director
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$0 | $0 | $0 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2025 | No data | No data | No data | No data |
| 2024 | $212,719 | $172,323 | $85,227 | $40,396 |
| 2023 | $92,154 | $100,856 | $26,071 | $-8,702 |
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