Jimani Collections
Nonprofit profile at a glance
- EIN
- 821541392
- IRS 990-EZ coverage
- 2017–2022
- Forms available
- Form 990-EZ 2022
- Location
- Denton, TX, USA
- Rating
- 65
- Verdict
- SUPPORTED
- Rating confidence
- Moderate
- Sector
- International Economic Development
Reported finances
- Revenue
- $66,125
- Expenses
- $83,157
- Assets
- $0
- Liabilities
- $0
Source: IRS Form 990-EZ. Selected filing: tax year 2022. Amounts in USD.
Leadership & pay
5 people listed
People named in this filing
- Jennifer Bentley (Founder)
- Nikki Hyodo (Director)
- Sharon Rutherford (Secretary)
Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.
Source: IRS Form 990-EZ. Selected filing: tax year 2022. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
To improve the lives of impoverished individuals through the purchase of their handicrafts through the establishment of markets for the handicrafts and through the creation of vocational training programs. To create a sustainable solution to poverty by offering education within product design and product creation.
What it reported doing in 2022
Support of impoverished men and women in Kenya through the purchase of their handicrafts and through the establishment of entrepreneurship training programs focused on developing skills and knowledge to improve their economic well being and quality of life. In 2021 Jimani Collections accomplished these three goals: 1 Began our third Entrepreneurship Class in the Fall of 2021. 2 Continued to offer support in the form of handicraft purchases to a core group of women in Kenya and additional impoverished artisan groups in Nairobi. 3 In response to the Covid-19 pandemic Jimani offered additional support to our graduates trainees artisan partners and teachers in the form of much needed food relief throughout the majority of 2021.
Operating model
- Revenue model
- Earned-program. 60% of the money available for current operations came from fees and other program revenue.
- Distribution model
- Grant intermediary. The nonprofit sent 99% of its reported program spending out as grants.
The verdict
SUPPORTED - The filed numbers largely add up. A relatively small share of available resources goes toward mission work and a relatively small share of total spending goes to programs.
Rating breakdown
- Financial Efficiency: 49
- Transparency & Controls: 100
- Sustainability: 12
- Growth: 0
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 52.7%; rating input score 53
- Program expense ratio: 41.9%; rating input score 42
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 51st percentile among comparable filings
- Major donor itemization: Yes; rating input score 100
Sustainability
- Operating margin: -25.8%; rating input score 21; 21st percentile among comparable filings
- Total-asset coverage ratio: 0; rating input score 2; 2nd percentile among comparable filings
- Liabilities to assets ratio: Limited
- Officer compensation ratio: 16.6%; rating input score 9; 9th percentile among comparable filings
Growth
- Program expense growth: -21.6% per year; rating input score 0; 18th percentile among comparable filings
- Revenue growth: -10.8% per year; rating input score 0; 26th percentile among comparable filings
- Asset growth: -7.1% per year; rating input score 0; 20th percentile among comparable filings
Details
- Where the money goes: 52.7% of revenue deployed · 41.9% of spending went to programs
- Governance: Filed governance answers
- Accomplishments: 2 filed program accomplishments · $35K in reported program spending
- Leadership: top reported pay $0 · 5 people listed
- Consistency: 9 of 9 current checks pass
- Schedules: 4 filed schedules
- Filing history: 6 filing years from 2017 to 2022
- Contacts: How to reach this organization
- Money network: 2 filed money-flow records
- Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
- People: Everyone the filings name, and which of them the filings identify by more than a name.
Key Signals
Signals prioritize questions for review. They are not findings of misconduct.
- Review — Financial Efficiency: Mission deployment rate scored 53/100.
- Moderate — Financial Efficiency: Program expense ratio scored 42/100.
- High — Sustainability: Operating margin scored 21/100.
- High — Growth: Program expense growth scored 0/100.
- High — Growth: Revenue growth scored 0/100.
- High — Sustainability: Total-asset coverage ratio scored 2/100.
- High — Growth: Asset growth scored 0/100.
- High — Sustainability: Officer compensation ratio scored 9/100.