Juma Ventures INC FY2022 filing

Tax-deductible

San Francisco, CA501(c)(3)Since 1993EmploymentEIN 94-3203203Revenue $6.2M in FY2022

On file with the IRSjuma.org131 Steuart St, 94105-1230 · San Francisco, CATax-exempt since Jan 1995Publicly supported charity — 170(b)(1)(A)(vi)

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To break the cycle of poverty through the operation of youth development programs.

501(c)(3) charity; gifts are tax-deductible.
62¢ of each $1 spent went to programs.
$724K paid to officers and key staff.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX · Pay: Part VII

Before you give

FY2022 · Form 990Independent: from IRS data, not the org
Download 990
IRS status
501(c)(3)
not on the IRS revocation list
Looks good: listed by the IRS and not on the revocation list.
IRS BMF · Auto-Revocation List
Tax-deductible gifts
Yes
Donations are tax-deductible
Looks good: the IRS lists gifts to it as deductible.
IRS Pub. 78 · IRS BMF
Latest return
FY2024
latest Form 990
Looks good: the latest return is for FY2024, 2 tax years back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
3 of 5
filings with a surplus
Average surplus $1.3M a year · 18% of revenue · last 5 filings
Worth a look: a surplus in 3 of the last 5 filings.
Pt I · Ln 19 · 5 filings
Spent on programs
62%
of spending
Worth a look: 62% of spending went to programs; under 65%.
Pt IX · Ln 25 · col B
Pay to officers and key staff
$724K
to officers and key staff · 12% of spending
Looks good: pay to officers and key staff is 12% of spending; 15% or less.
Pt VII · Sec A
Cash reserves
3 mo
of spending, in cash
Fine: 2.7 months of spending in cash; 1 to 3.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
36
named funders · $6.7M
Looks good: 36 funders name it on their filings; 3 or more.
Funders’ Sch. I, 990-PF
Liabilities
$1.3M
37% of total assets
Looks good: liabilities are 37% of assets; 50% or less.
Pt X · Ln 26
Independent board members
20
of 20 voting members
Looks good: 20 of 20 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$6.2M
+5% vs prior year
Spent
$6.3M
To programs
62%
Net assets
$2.2M
By yearFY2020–FY2024
Revenue
$6.2M
FY2022▲ +5%
Tap a bar for its year
Revenue by fiscal year
FY2020$5.7M
FY2021$5.9M
FY2022$6.2M
FY2023$6.3M
FY2024$13.1M
Expenses
$6.3M
FY2022▲ +26%
Tap a bar for its year
Expenses by fiscal year
FY2020$4.6M
FY2021$5.0M
FY2022$6.3M
FY2023$7.2M
FY2024$7.5M
Net assets
$2.2M
FY2022▼ -3%
Tap a bar for its year
Net assets by fiscal year
FY2020$1.3M
FY2021$2.3M
FY2022$2.2M
FY2023$1.3M
FY2024$6.8M

From the FY2022 Form 990 · figures checked against the IRS filing · see the original

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Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2024. IRS ruling in Jan 1995.

IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File

Where the money goes

62 cents of each dollar spent went to programs.

Program services 62% · $3.9M Management & general 17% · $1.0M Fundraising 21% · $1.3M

Form 990 Part IX, line 25, columns B–D. Every line is in By the numbers.

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Who runs it and what they're paid

25 people listed on the 990; $724K paid to officers and key staff.

Part VII, Section A · reportable compensation
$181,926Pt VII · Sec A
Chief Development Officer
$149,778Pt VII · Sec A
$144,453Pt VII · Sec A
Chief Impact Officer
$128,636Pt VII · Sec A
Chief Program & Grants Officer
$119,463Pt VII · Sec A
Board Member
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A

Adriane Armstrong’s $200K as CEO is at the 34th percentile of top reported officer pay among 414 $10–100M employment 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 · 8 named individuals · Part VII

NameFY2024FY2023FY2022FY2021FY2020
Adriane Armstrong$200,338$189,959$181,926$176,783$188,528
Abdiel Cerrud$194,087$127,099———
Mason Moorehead$183,665$144,344$128,636$123,833$121,372
Andrea Coen——$149,778$142,770—
Mark Breimhorst—$72,507$144,453$145,559$140,760
Andrea Cohen————$139,828
Tara Derosa$135,238$126,561$119,463$119,959$110,423
Cassandra Yee$128,683$119,881———

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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Questions the 990 asks

The form asks each of these directly. These are the filed answers.

  • Family or business ties among officersPt VI · Ln 2No
  • Top official's pay set by an independent reviewPt VI · Ln 15aYes

Programs and updates

Breaks poverty cycles by running youth development programs.

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Provided by the organization

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2 programs · $3.9M · in their own filed words · FY2022
01

Business Employment

Earn: juma operates concession businesses in professional sports and entertainment venues to provide meaningful employment experiences to youth from underserved communities. Youth are employed for the length of a sports season (approximately six months), complete approximately 150 hours work experience and earn an average of $2,000.

$2.3Mprogram expense
02

Workforce Resources

Learn: alongside the job, youth are supported by a program coordinator, focused on helping them overcome personal barriers to successful permanent employment and mastery of crucial skills like communication, professionalism, personal accountability, teamwork, problem-solving and leadership skills, all in a growth-minded framework.

$1.6Mprogram expense

Funders

Who pays for it.

From grant filings on record. Receipts are incomplete: individual donors are never listed.

Grants

Schedule I · received and paid
Grants received · FY2024
See all 36 funders →
Grants paid · 14 grants · $1.5M · 2020–2024
3strands Global FoundationCA · FY2024$447,054
Unitemized GrantFY2024$80,508
3strands Global FoundationCA · FY2023$400,430
Unitemized GrantFY2023$88,684
Unitemized GrantFY2023$163
3strands Global FoundationCA · FY2022$150,353
Unitemized GrantFY2022$106,178
Unitemized GrantFY2022$8,100
Unitemized GrantFY2022$1,000
Unitemized GrantFY2021$78,655
The Vera ProjectWA · FY2021$15,000
3strands Global FoundationCA · FY2021$6,000
Unitemized GrantFY2020$108,567
3strands Global FoundationCA · FY2020$25,000

By the numbers

The FY2022 990, line by line.

1The main four
Money inPt VIII
$6.2M
Ln 12
Gifts and grantsLn 1h$4.4M
Fees for servicesLn 2g$1.5M
Other incomeLn 4–11$192K
Money outPt IX
$6.3M
Ln 25
Programscol B$3.9M
Managementcol C$1.0M
Fundraisingcol D$1.3M
Owns and owesPt X
$2.2M
net assets · Ln 32
Cash and savingsLn 1–2$1.4M
Total assetsLn 16$3.5M
LiabilitiesLn 26$1.3M
PeoplePt VI, VII
25
listed · VII A
PaidVII A5
Voting boardVI 1a20
IndependentVI 1b20
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$4.4M
Government grantsLn 1e$1.1M
Noncash giftsLn 1g$17K
Fundraising eventsLn 1c$405K
Fees for servicesLn 2g$1.5M
Investment incomeLn 3$10K
Other incomeLn 4–11$192K
Total revenueLn 12$6.2M
Assets in detailPt X, end of year
CashLn 1$843K
SavingsLn 2$539K
Cash and savings togetherLn 1–2$1.4M
Land, buildings, equipmentLn 10c$16K
Other assetsLn 15$266K
Total assetsLn 16$3.5M
LiabilitiesLn 26$1.3M
Net assetsLn 32$2.2M
OperationsPt I, VI
EmployeesI 5550
VolunteersI 623
Fiscal year endsHeaderDecember
Conflict-of-interest policyVI 12aYes
Whistleblower policyVI 13Yes
Records policyVI 14Yes
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY22End FY22
Cash and savingsLn 1–2$1.6M$1.4M
Land, buildings, equipmentLn 10c$18K$16K
Total assetsLn 16$3.2M$3.5M
LiabilitiesLn 26$953K$1.3M
Net assetsLn 32$2.3M$2.2M
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Grants to domestic organizationsLn 1$150K$150K
Grants to domestic individualsLn 2$116K$116K
Pay of current officers, directors and key staffLn 5$360K$217K$57K$85K
Other salaries and wagesLn 7$4.0M$2.5M$616K$957K
Other employee benefitsLn 9$324K$139K$103K$82K
Payroll taxesLn 10$377K$237K$55K$85K
Legal feesLn 11b$7K$7K
Accounting feesLn 11c$43K$43K
Other fees for servicesLn 11g$113K$82K$13K$19K
Advertising and promotionLn 12$50K$13K$8K$29K
Office expensesLn 13$83K$45K$16K$22K
Information technologyLn 14$94K$9K$69K$16K
OccupancyLn 16$358K$357K$728
TravelLn 17$39K$20K$10K$9K
Conferences, conventions and meetingsLn 19$29K$13K$6K$11K
InterestLn 20$3K$3K
Depreciation, depletion and amortizationLn 22$9K$9K
InsuranceLn 23$36K$19K$17K
Other expenses (24a–d)Ln 24$30K$22K$4K$4K
Total functional expensesLn 25$6.3M$3.9M$1.0M$1.3M

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2024 Latest $13.1M$7.5M$5.6M$6.8M 990 PDF
FY2023 $6.3M$7.2M−$935K$1.3M 990 PDF
FY2022 Viewing $6.2M$6.3M−$67K$2.2M 990 PDF
FY2021 $5.9M$5.0M$948K$2.3M 990 PDF
FY2020 $5.7M$4.6M$1.0M$1.3M 990 PDF

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Schedules filed Part IV

III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
See the full FY2022 990 (6 parts)
Part I · Summary $6,189,605 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $4,951,843$4,440,755
I-9 Program service revenuePrior year $715,866$1,545,992
I-10 Investment incomePrior year $4,925$10,367
I-11 Other revenuePrior year $236,725$192,491
I-12 Total revenuePrior year $5,909,359$6,189,605
I-13 Grants and similar amounts paidPrior year $99,655$266,735
I-14 Benefits paid to membersPrior year $0$0
I-15 Salaries and benefitsPrior year $3,900,036$5,096,203
I-16a Professional fundraising feesPrior year $0$0
I-17 Other expensesPrior year $962,163$893,600
I-18 Total expensesPrior year $4,961,854$6,256,538
I-19 Revenue less expensesPrior year $947,505−$66,933
Part VI · Governance 20 of 20 board members independent, no flags
VI-1a Voting members of the governing body20
VI-1b Independent voting members20
VI-2 Family or business relationship among officers or directorsNo
VI-12a Written conflict of interest policyYes
VI-13 Written whistleblower policyYes
VI-14 Document retention and destruction policyYes
VI-15a Process for setting top official's payYes
Part VIII · Statement of revenue $6,189,605 across 11 lines filed
Lines not itemized here account for $141,292 of total revenue; see the IRS return.
VIII-1c Fundraising events$405,346
VIII-1e Government grants$1,124,844
VIII-1f All other contributions, gifts and grants$2,910,565
VIII-1g Noncash contributions (included above)$16,652
VIII-1h Total contributions, gifts and grants$4,440,755
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Related to mission $1,545,992$1,545,992
VIII-3 Investment incomeExcluded from tax $10,367$10,367
VIII-6 Net rental income or lossExcluded from tax $8,926$8,926
VIII-8 Net income from fundraising eventsExcluded from tax −$106,603−$106,603
VIII-11a-d Other revenue, itemized rows (sum of 11a–11d as filed)Related to mission $148,876$148,876
VIII-12 Total revenueRelated to mission $1,829,428 · Unrelated business $0 · Excluded from tax −$80,578$6,189,605
Part IX · Statement of functional expenses $6,256,538 across 19 lines filed
IX-1 Grants to domestic organizationsPrograms $150,353$150,353
IX-2 Grants to domestic individualsPrograms $116,382$116,382
IX-5 Pay of current officers, directors and key staffPrograms $217,225 · Management $57,476 · Fundraising $85,454$360,155
IX-7 Other salaries and wagesPrograms $2,461,663 · Management $616,172 · Fundraising $957,174$4,035,009
IX-9 Other employee benefitsPrograms $138,755 · Management $103,491 · Fundraising $82,184$324,430
IX-10 Payroll taxesPrograms $237,112 · Management $54,991 · Fundraising $84,506$376,609
IX-11b Legal feesManagement $6,890$6,890
IX-11c Accounting feesManagement $42,600$42,600
IX-11g Other fees for servicesPrograms $81,636 · Management $12,704 · Fundraising $18,612$112,952
IX-12 Advertising and promotionPrograms $13,044 · Management $8,057 · Fundraising $29,181$50,282
IX-13 Office expensesPrograms $45,293 · Management $16,457 · Fundraising $21,688$83,438
IX-14 Information technologyPrograms $9,147 · Management $68,976 · Fundraising $15,517$93,640
IX-16 OccupancyPrograms $356,938 · Management $728$357,666
IX-17 TravelPrograms $20,216 · Management $9,629 · Fundraising $8,759$38,604
IX-19 Conferences, conventions and meetingsPrograms $12,780 · Management $5,524 · Fundraising $10,578$28,882
IX-20 InterestManagement $3,472$3,472
IX-22 Depreciation, depletion and amortizationManagement $9,129$9,129
IX-23 InsurancePrograms $18,536 · Management $17,234$35,770
IX-24 Other expenses (24a–d)Programs $22,499 · Management $3,966 · Fundraising $3,810$30,275
IX-25 Total functional expensesPrograms $3,901,579 · Management $1,037,496 · Fundraising $1,317,463$6,256,538
Part X · Balance sheet $3,506,486 assets, 17 lines filed
X-1 Cash, non-interest-bearingStart of year $847,244$842,959
X-2 Savings and temporary cash investmentsStart of year $771,915$539,203
X-3 Pledges and grants receivableStart of year $959,337$1,324,871
X-4 Accounts receivableStart of year $212,980$402,283
X-8 Inventories for sale or useStart of year $48,959$55,019
X-9 Prepaid expenses and deferred chargesStart of year $326,072$60,031
X-10c Land, buildings and equipment, netStart of year $18,120$16,218
X-15 Other assetsStart of year $29,932$265,902
X-16 Total assetsStart of year $3,214,559$3,506,486
X-17 Accounts payable and accrued expensesStart of year $504,283$704,014
X-19 Deferred revenueStart of year $222,327$269,911
X-25 Other liabilitiesStart of year $0$267,615
X-26 Total liabilitiesStart of year $952,522$1,311,382
X-27 Net assets without donor restrictionsStart of year −$937,393$123,868
X-28 Net assets with donor restrictionsStart of year $3,199,430$2,071,236
X-32 Total net assets or fund balancesStart of year $2,262,037$2,195,104
X-33 Total liabilities and net assetsStart of year $3,214,559$3,506,486
Part XI · Reconciliation of net assets $2,195,104 net assets at year end
XI-1 Total revenue$6,189,605
XI-2 Total expenses$6,256,538
XI-3 Revenue less expenses−$66,933
XI-4 Net assets at start of year$2,262,037
XI-9 Other changes in net assets$0
XI-10 Net assets at end of year$2,195,104

Form 990 e-file (XML) FY2022 from the IRS · Classification, formation year and address from the IRS Business Master File

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