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Jumpstart

Cleveland, OH · EIN 34-1398522 · 501(c)(3) · Publicly supported organization (170(b)(1)(A)(vi))
Latest filing: Form 990 for the fiscal year ending June 30, 2025 (tax year 2024) · View the filing · Correct or respond

Jumpstart reported $35.8 million in revenue and $35.6 million in expenses for the fiscal year ending June 30, 2025. Of every $100 it spent, $83.59 went to program services, $15.76 to management and general costs and $0.65 to fundraising. Its largest source of revenue was contributions and grants: 78.1% of the total. Government grants made up 54.8%. The highest compensation it reported for one person was $548,631 (JSE MANAGING PARTNER). 28 people received more than $100,000 in reportable compensation. Revenue rose 38% between FY2020 and FY2025. Source: Form 990, FY2025.

Where $100 of spending went

The fiscal year ending June 30, 2025 · Form 990, Part IX, line 25 · total expenses $36M

For context, the median across 479 covered community improvement & capacity building charities: $90.45 programs, $9.31 management, $0.24 fundraising (medians computed separately, so they may not sum to $100).

Where $100 of revenue came from

The fiscal year ending June 30, 2025 · Form 990, Part VIII · total revenue $36M

The 990 scorecard · same measures for every charity, no grades

FY2025 filing. Median across 479 covered charities in this category, from their latest filings.
MeasureFY2025Median
Program services
Part IX 25(B) ÷ 25(A)
83.6%89.1%
Management & general
Part IX 25(C) ÷ 25(A)
15.8%9.2%
Fundraising
Part IX 25(D) ÷ 25(A)
0.6%0.2%
Fundraising cost per $1 of contributions
Part IX 25(D) ÷ Part VIII 1h
$0.01$0.00
Contributions & grants share of revenue
Part VIII 1h ÷ 12
78.1%80.1%
Government grants share of revenue
Part VIII 1e ÷ 12
54.8%14.9%
Program service revenue share
Part VIII 2g ÷ 12
16.8%11.9%
Highest reported compensation
Part VII-A, columns D–F
$548,631$291,103
Highest compensation as share of expenses
Part VII-A ÷ Part IX 25(A)
1.54%1.49%
People paid over $100,000
Part VII, line 2
285
Net assets, in months of expenses
Part X 33(B) ÷ monthly expenses
20.89.2
Independent voting board members
Part VI 1a–1b
23 of 24100.0%

A median is context, not a target: hospitals, universities, food banks and grantmakers spend in very different ways. What these measures can and can't tell you.

What the money paid for, in its own words

FY2025 · Form 990, Part III · the three largest programs by expense
$8.3M expenses · 28.0% of program spending · revenue $4.0M

Entrepreneurial services (esp) and investing:as ohio prioritizes technology-driven growth within its broader economic development strategy, jumpstart inc. Plays a dual and essential role - preparing venture investable companies for capital and serving as a regional venture investor. By combining these functions, jumpstart helps tech companies secure and deploy early-stage capital more effectively, enabling them to scale, create jobs, and strengthen the region's long-term economic vitality. Jumpstart conducts investment activities to supplement state and local government economic and job…

$1.5M expenses · 5.0% of program spending · revenue $2.0M

Outreach and education:outreach and education are significant and critical segments 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…

$20M expenses · 67.0% of program spending · grants $130K

Network advisors & economic development:components of the economic revitalization programs provide 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 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…

Highest reported compensation

FY2025 · Form 990, Part VII, Section A · roles as filed; names are in the filing, not here
RoleFrom this orgFrom related orgsOtherTotal
JSE MANAGING PARTNER
Former, 40.00 hrs/week
$193,857$345,000$9,774$548,631
CEO
Director/trustee, officer, 40.00 hrs/week
$421,283$68,243$11,185$500,711
FORMER COO
Former, 40.00 hrs/week
$432,965$0$10,815$443,780
CHIEF SERVICES OFFICER
Key employee, 40.00 hrs/week
$305,840$0$24,670$330,510
CHIEF WORKFORCE OFFICER
Key employee, 40.00 hrs/week
$294,793$0$9,108$303,901
FORMER PRESIDENT JS VENTURES
Former, 40.00 hrs/week
$215,473$0$24,123$239,596
CHIEF EQUITY OUTREACH & INITIATIVE
Key employee, 40.00 hrs/week
$199,385$0$16,516$215,901
VP, TECH SERVICES AND NETWORK MANAGEMENT
Key employee, 40.00 hrs/week
$188,925$0$10,429$199,354

28 people received more than $100,000 in reportable compensation from Jumpstart (Part VII, line 2). Compensation of current officers, directors and key employees totaled $1.8M (Part IX, line 5).

6 years of filings

Form 990, Parts I, VII, IX and X · each row is that year's own filing, linked
RevenueExpenses
$0$10M$20M$30M$40MFY2020FY2021FY2022FY2023FY2024FY2025$36M$36M
FilingRevenueExpensesProgramsNet assetsTop pay
FY2025 ⓘ$36M$36M83.6%$62M$548,631
FY2024 ⓘ$21M$28M78.2%$60M$777,457
FY2023 ⓘ$23M$25M78.8%$68M$741,581
FY2022 ⓘ$22M$22M77.9%$69M$522,200
FY2021 ⓘ$16M$21M79.2%$70M$529,542
FY2020 ⓘ$26M$25M81.3%$67M$503,181

Governance answers, as filed

FY2025 · the organization's own yes/no answers; explanations, if any, are in Schedule O of the filing · what each means
  • Voting board members, and how many are independent Part VI, lines 1a–1b24 · 23 independent
  • Audited financial statements Part XII 2bYes
  • Conflict-of-interest policy Part VI 12aYes
  • Whistleblower policy Part VI 13Yes
  • Document retention policy Part VI 14Yes
  • Independent process for top executive pay Part VI 15aYes
  • Board given the 990 before filing Part VI 11aYes
  • Family or business ties among insiders Part VI 2No
  • Aware of a significant diversion of assets Part VI 5No
  • Excess benefit transaction with an insider Part IV 25aNo
  • Loans to or from insiders outstanding Part IV 26No
  • Lobbying, or a 501(h) election in effect Part IV 4Yes
  • Over $15,000 of professional fundraising services Part IV 18No
  • Over $10,000 of activity outside the U.S. Part IV 14bNo
  • Employees Part I, line 585
  • Volunteers Part I, line 6129

Correct a figure or respond

Every number above is copied from Jumpstart's own Form 990. If one doesn't match the filing, that's our error and we'll fix it. If you work for Jumpstart, you can publish a response that is linked from this page.

Similar-sized charities in this cause

All community improvement & capacity building charities · Largest charities in Ohio

Questions people ask

How much of Jumpstart's spending goes to programs?

In the fiscal year ending June 30, 2025, Jumpstart reported that 83.6% of its $35.6 million in expenses went to program services, 15.8% to management and general and 0.6% to fundraising (Form 990, Part IX).

How much does Jumpstart pay its top executive?

The largest total compensation Jumpstart reported for one person in the fiscal year ending June 30, 2025 was $548,631, for the role of JSE MANAGING PARTNER (Form 990, Part VII, including compensation from related organizations and other compensation).

Where does Jumpstart get its money?

Of $35.8 million in revenue in the fiscal year ending June 30, 2025, 78.1% came from contributions and grants (including 54.8% from government grants) and 16.8% from program service revenue (Form 990, Part VIII).

Is Jumpstart a registered charity?

The IRS lists EIN 34-1398522 as a 501(c)(3) organization (publicly supported organization (170(b)(1)(a)(vi))), and its records show contributions as tax-deductible. Form 990 filings on record here cover tax years 2019, 2020, 2021, 2022, 2023, 2024. A filing shows what the organization reported; it doesn't by itself show whether a program works.

Sources

  • FY2025: Form 990 for the fiscal year ending June 30, 2025, object 202601009349300340 · read the filing · XML
  • FY2024: Form 990 for the fiscal year ending June 30, 2024, object 202511359349307581 · read the filing
  • FY2023: Form 990 for the fiscal year ending June 30, 2023, object 202430539349301233 · read the filing
  • FY2022: Form 990 for the fiscal year ending June 30, 2022, object 202330479349301443 · read the filing
  • FY2021: Form 990 for the fiscal year ending June 30, 2021, object 202210719349300301 · read the filing
  • FY2020: Form 990 for the fiscal year ending June 30, 2020, object 202110499349300301 · read the filing

All filings for EIN 34-1398522: ProPublica Nonprofit Explorer · IRS Tax Exempt Organization Search. Figures are as the organization reported them; we have not audited them.