Jastech Development Services INC EIN 23-2943764

Jastech Development Services INC

EIN  23-2943764 Public charity (501(c)(3)) Philadelphia, PA
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Size
$1–10M
What they do
Educates on environment, trains in green infrastructure, and promotes healthy living.
Leadership
Jerome Shabazz · Executive Di · $125K
Money in and out
$1.2M revenue, $988K expenses
Bottom line
76% program efficiency

Educates on environment, trains in green infrastructure, and promotes healthy living. For fiscal year 2024 it reported $1.2M in revenue, $988K in expenses, and $596K in net assets.Pt I

Where the money goes · FY2024
Total revenue
$1.2M
Pt VIII · Ln 12
Total expenses
$988K
Pt IX · Ln 25
Net assets
$596K
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): $185K
Where spending went · Part IX cols B–D
Program services $0.76 Management & general $0.24
Program efficiency
76%
of spending reaches programs▼ -13% vs prior filing year
Operating runway
27.8mo
months of highly liquid reserves at operating expense rate▲ +199% vs prior filing year
Surplus margin
+16%
revenue over expenses, this year▲ +3% vs prior filing year

Summary of the Filing

Part I · fiscal year 2024 · Form 990
Revenue
$1.2M
FY2024▲ +38%
Expenses
$988K
FY2024▲ +38%
Total assets
$3.0M
FY2024▲ +175%
Total liabilities
$2.4M
FY2024▲ +253%
Total revenue
$1.2M
Pt VIII · Ln 12
Total expenses
$988K
Pt IX · Ln 25
Net assets
$596K
Pt X · Ln 32
Revenue less expensesPt I · Ln 19$185K
Total assetsPt X · Ln 16$3.0M
Program-expense ratioPt IX · col B76%
Voting members of governing bodyPt I · Ln 34
Independent voting membersPt I · Ln 44
Mission & Programs · Part III

Where the work happens

2 program services account for $749K of program spending, described in the organization's own filed words · FY2024.
01

Environmental sustainability -hosted the philly green ambassador program to teach 28 workers from philadelphia-based nonprofit organizations on tree care, environmental and climate justice. These workers are all participants in the city of philadelphia's TCB commercial corridor maintenance program.

$734Kprogram expense
02

Healthy living initiatives -educated community members from zip codes 19151, 19131, and 19139 to become better informed on how to mitigate the impacts of vacant lots, poor air quality, brownfields, unhealthy homes and lead contamination through the epa sponsored overbrook community science project.

$15Kprogram expense

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Identity & Classification

Form 990 Header · IRS Business Master File
Legal nameHdr · item CJastech Development Services INC
EINHdr · item D23-2943764
Principal addressHdr · item CPhiladelphia, PA
WebsiteHdr · item Jwww.overbrookcenter.org
Year of formationHdr · item Lpending
State of legal domicileHdr · item MPA
Exempt statusHdr · item I501(c)(3) · active
NTEE classificationIRS BMFCommunity Development (S20)
Ruling yearIRS BMFOct 2002

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1a4
Independent voting membersPt VI · Ln 1b4
Conflict-of-interest policyPt VI · Ln 12aYes
Whistleblower policyPt VI · Ln 13Yes
Document retention policyPt VI · Ln 14Yes
CEO/top-official compensation independently reviewedPt VI · Ln 15aYes
Family or business relationships among officers/directorsPt VI · Ln 2Yes

Officers, Directors & Key Employees

Part VII, Section A · reportable compensation
Executive Di
$125,000Pt VII · Sec A
Board Presid
$0Pt VII · Sec A
Board Vice-P
$0Pt VII · Sec A
Board Secret
$0Pt VII · Sec A
Board Treasu
$0Pt VII · Sec A

Jerome Shabazz’s $125K as Executive Di is at the 34th percentile of top reported officer pay among 2834 $1–10M community development nonprofits. Peer set: organizations in the same NTEE major field of work and revenue-size band, compared on each org’s own highest-paid officer/key-employee, from Form 990 Part VII / 990-PF Part VIII. Descriptive placement, not a verdict on whether the pay is appropriate.

Compensation history total reportable pay by year · 2 named individuals · Part VII

NameFY2024FY2023FY2022FY2021FY2020
Jerome Shabazz$125,000$97,294$56,801
Jerome Shabazz$27,827$35,876

Total reportable compensation (Form 990 Part VII column D / Schedule J column E) by filing year, matched by name within this organization. The Schedule J base / bonus / deferred breakdown is not parsed into this dataset.

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Statement of Revenue

Part VIII
Contributions & grants$861K · 73%
Program service revenue$311K · 27%
Contributions & grants73%$861K
Program service revenue27%$311K
— government grantsLn 1e$505K
Total revenueLn 12$1.2M

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.76 Management & general $0.24
Program services76%$749K
Management & general24%$238K
Total functional expensesLn 25$988K

Balance Sheet

Part X · end of year
CashLn 1$2.3M
Total assetsLn 16$3.0M
Total liabilitiesLn 26$2.4M
Total net assetsLn 32$596K
Months of cash on handcomputed27.8

Financial Metrics

Form 990 · FY2024 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $2.3M · Operating expenses/yr $988K
27.8 months
Where the money goes
Program services
Program services $749K · Total expenses $988K
76%
Management & General
Management & general $238K · Total expenses $988K
24%
Fundraising
Fundraising $0 · Total expenses $988K
0%
Cost to raise $1
Fundraising expense (3-yr avg) $0 · Solicited contributions (3-yr avg) $335K
Solicited contributions below reporting floor
Where the money comes from
Contribution dependence
Contributions & grants $861K · Total revenue $1.2M
73%
Government reliance
Government grants $505K · Total revenue $1.2M
43%
Earned-income share
Program service revenue $311K · Total revenue $1.2M
27%
Investment reliance
Investment income $0 · Total revenue $1.2M
0%
Program self-sufficiency
Program service revenue $311K · Total expenses $988K
31%
Growth & trend
Revenue growth (YoY)
This year $1.2M · Prior year $847K
+38%
Revenue CAGR
FY2020 $225K · FY2024 $1.2M
+51%
Net-asset trend (YoY)
End of year $596K · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $1.2M · Expenses $988K
+16%
Liabilities-to-Assets
Total liabilities — · Total assets $3.0M
Net-asset ratio
Net assets $596K · Total assets $3.0M
20%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) — · Other securities (Pt X, ln 12) — · Total assets (Pt X, ln 16) $3.0M
Excludes program-related investments (Pt X, ln 13)
People & payroll
Highest Reported Total Compensation
Individual Jerome Shabazz · Reported title EXECUTIVE DI · Highest reported compensation $125K · Total expenses $988K
13%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) $479K · Total expenses $988K
49%
Peer comparison

Same NTEE category, revenue band, and state where available. Descriptive — not a grade.

MetricThis orgPeer medianPercentile
Program ratio 76%
Overhead ratio 24%
Fundraising cost ratio 0%
Revenue growth 38%

Straight from the Form 990 — descriptive, not an evaluation. A ratio is hidden when its base is zero or too small to be meaningful; the dollars are always shown.

Grants

Schedule I · funders on record
Grants received · FY2024
Total grants receivedfrom 5 funders$152K
See all 5 funders →

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Filings & Schedule Manifest

Part IV
III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
FY2024 (Latest)$1.2M revenue · viewing · ⤓ 990 PDF
FY2023$847K revenue · ⤓ 990 PDF
FY2022$502K revenue · ⤓ 990 PDF
FY2021$389K revenue · ⤓ 990 PDF
FY2020$225K revenue · ⤓ 990 PDF

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Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2024IRS
Classification, formation year, addressIRS Business Master File
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