Juma Ventures
- Assets
- $3.5m
- Revenue
- $6.3m
- Investments
- $0.0
- Employees
- 612
- Location
- San Francisco, CA
- Founding
- 01/1995
- Data as of
- 12/2023
- EIN
- 94-3203203
Organization Overview
Juma Ventures is located in San Francisco, CA. The organization was established in 1995. According to its NTEE Classification (J20) the organization is classified as: Employment Preparation & Procurement, under the broad grouping of Employment and related organizations. As of 12/2023, Juma Ventures employed 612 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Juma Ventures is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2023, Juma Ventures generated $6.3m in total revenue. This represents relatively stable growth, over the past 9 years the organization has increased revenue by an average of 2.2% each year. All expenses for the organization totaled $7.2m during the year ending 12/2023. While expenses have increased by 3.9% per year over the past 9 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2023
Describe the Organization's Mission:
Part 3 - Line 1
TO BREAK THE CYCLE OF POVERTY THROUGH THE OPERATION OF YOUTH DEVELOPMENT PROGRAMS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
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. WHILE AT JUMA, THEY MASTER SOFT AND HARD SKILLS, AND BUILD CORE COMPETENCIES IN CUSTOMER SERVICE SALES AND BUSINESS OPERATIONS.
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. YOUTH PARTICIPATE IN A SERIES OF JOB SEARCH SKILLS WORKSHOPS SUCH AS RESUME WRITING AND MOCK INTERVIEWS AND GO ON CAREER TOURS THAT EXPOSE THEM TO A BROAD RANGE OF CAREER PATHWAYS SUCH AS ADVANCED MANUFACTURING, HEALTHCARE AND AVIATION. WITH THE SUPPORT OF THEIR PERSONAL COORDINATOR, YOUTH IDENTIFY AND ATTAIN STRENGTHS-BASED SHORT-TERM AND LONG-TERM PERSONAL, FINANCIAL, EDUCATION AND CAREER GOALS IN AN INDIVIDUAL DEVELOPMENT PLAN (IDP). CONNECT: TO CONNECT YOUTH TO THEIR NEXT JOB AND SUSTAINED EMPLOYMENT, JUMA PARTNERS WITH CORPORATIONS PRIMARILY IN THE RETAIL, HOSPITALITY, FOOD SERVICE AND LOGISTICS INDUSTRIES SUCH AS AMAZON, COSTCO, CVS HEALTH, GAP INC., MOD PIZZA, SOUTHWEST AIRLINES, STARBUCKS, AND UPS. ONCE A YOUNG ADULT IS HIRED, JUMA'S CAREER COACH PROVIDES 90 DAYS OF CONTINUED SUPPORT TO ENSURE RETENTION SUCCESS. RETENTION SUPPORT TAKES THE FORM OF CONTINUED SOFT SKILLS COACHING, AND UNDERSTANDING OUR INDUSTRY PARTNER'S CAREER MOBILITY PATHWAYS. BY ENSURING THAT YOUTH UNDERSTAND THE JOB EXPECTATIONS, MANAGE ANY BUDDING CONFLICTS, AND RECEIVE PROPER TRAINING, JUMA IS ABLE TO INCREASE THE CHANCES THAT OUR YOUTH WILL SUCCEED.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Susan Hopkinson Chair | OfficerTrustee | 1 | $0 |
Cheryl K House Vice Chair | OfficerTrustee | 1 | $0 |
Jane Thornton Secretary | OfficerTrustee | 1 | $0 |
Steve Wolfe Treasurer | OfficerTrustee | 1 | $0 |
Michael Winnick Board Member | Trustee | 1 | $0 |
Damaune Journey Board Member | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $560,920 |
| Related organizations | $0 |
| Government grants | $2,066,429 |
| All other contributions, gifts, grants, and similar amounts not included above | $1,783,986 |
| Noncash contributions included in lines 1a–1f | $15,763 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $4,411,335 |
| Total Program Service Revenue | $1,790,017 |
| Investment income | $10,595 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $20,838 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | -$124,622 |
| Net Income from Gaming Activities | $9,698 |
| Net Income from Sales of Inventory | $172,371 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $6,314,776 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $400,430 |
| Grants and other assistance to domestic individuals. | $89,701 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $287,179 |
| Compensation of current officers, directors, key employees. | $38,046 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $4,470,038 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $358,174 |
| Payroll taxes | $423,971 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $21,438 |
| Fees for services: Accounting | $46,100 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $198,857 |
| Advertising and promotion | $36,552 |
| Office expenses | $112,181 |
| Information technology | $121,989 |
| Royalties | $0 |
| Occupancy | $422,020 |
| Travel | $55,200 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $47,677 |
| Interest | $11,936 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $8,727 |
| Insurance | $49,462 |
| All other expenses | $87,734 |
| Total functional expenses | $7,249,366 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,073,509 |
| Savings and temporary cash investments | $169,787 |
| Pledges and grants receivable | $1,329,495 |
| Accounts receivable, net | $339,648 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $36,760 |
| Prepaid expenses and deferred charges | $53,439 |
| Net Land, buildings, and equipment | $16,400 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $437,488 |
| Total assets | $3,456,526 |
| Accounts payable and accrued expenses | $814,528 |
| Grants payable | $0 |
| Deferred revenue | $397,327 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $69,842 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $500,000 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $414,315 |
| Total liabilities | $2,196,012 |
| Net assets without donor restrictions | $6,193 |
| Net assets with donor restrictions | $1,254,321 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $3,456,526 |
Grants Awarded
Over the last fiscal year, Juma Ventures has awarded $21,000 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
3STRANDS GLOBAL FOUNDATION PURPOSE: WORKFORCE DEVELOPMENT RECRUITMENT AND SUPPORT SERVICES | $6,000 |
THE VERA PROJECT PURPOSE: DIGITAL PRODUCTION WORKSHOPS FOR YOUTH | $15,000 |