Jump Math Inc

Nonprofit profile at a glance

EIN
831576941
IRS 990-EZ coverage
2021–2024
Forms available
Form 990 2023, Form 990-EZ 2024, Form 990-N 2019
Location
Cedar Rapids, IA, USA
Phone
4165967716
Rating
95
Verdict
STRONG
Rating confidence
Moderate
Sector
Student Services, Organizations of Students

Official website

Reported finances

Revenue
$34,011
Expenses
$33,971
Assets
$3,686
Liabilities
$9,734

Source: IRS Form 990-EZ. Selected filing: tax year 2024. Amounts in USD.

Leadership & pay

8 people listed

Executive titles in this filing

  • KENNETH AUCOIN (CEO)
  • IBRAHIM BUNDU (VICE PRESIDENT, FINANCE AND ADMIN)
  • ANNE BORDEN EVANS (PRESIDENT & TREASURER)
  • MARGARET GENOVESE (INTERIM PRESIDENT)

People named in this filing

  • KENNETH AUCOIN (CEO)
  • IBRAHIM BUNDU (VICE PRESIDENT, FINANCE AND ADMIN)
  • ANNE BORDEN EVANS (PRESIDENT & TREASURER)

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 2024. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

Helping all children achieve their full potential by encouraging a love of math.

What it reported doing in 2024

Accelerate: the national collaborative for accelerated learning - jump math's high-impact tutoring pilot reached 250 students in two districts: coleman community schools in Michigan; and lincoln parish schools in Louisiana

Operating model

Revenue model
Donor-supported. 100% of the money available for current operations came from contributions and gifts.
Distribution model
Grant intermediary. The nonprofit sent 70% of its reported program spending out as grants.

The verdict

STRONG - A large share of available resources goes toward mission work and the filed numbers largely add up. Revenue has declined or grown slowly and total assets are small relative to annual expenses; liquid coverage is unknown.

Rating breakdown

  • Financial Efficiency: 100
  • Transparency & Controls: 100
  • Sustainability: 32
  • Growth: 60

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 99.9%; rating input score 100
  • Program expense ratio: 100%; rating input score 100

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 52nd percentile among comparable filings
  • Major donor itemization: Yes; rating input score 100

Sustainability

  • Operating margin: 0.1%; rating input score 46; 46th percentile among comparable filings
  • Total-asset coverage ratio: 0.11; rating input score 12; 12th percentile among comparable filings
  • Liabilities to assets ratio: 2.64; rating input score 2; 2nd percentile among comparable filings
  • Officer compensation ratio: 0%; rating input score 56; 56th percentile among comparable filings

Growth

  • Program expense growth: 66.7% per year; rating input score 100; 95th percentile among comparable filings
  • Revenue growth: -26.4% per year; rating input score 0; 11th percentile among comparable filings
  • Asset growth: 9.2% per year; rating input score 100; 70th percentile among comparable filings

Details

  • Where the money goes: 99.9% of revenue deployed · 100% of spending went to programs
  • Governance: Filed governance answers
  • Accomplishments: 1 filed program accomplishment · $34K in reported program spending
  • Leadership: top reported pay $0 · 8 people listed
  • Consistency: 9 of 9 current checks pass
  • Schedules: 3 filed schedules
  • Filing history: 2 filing years from 2021 to 2024
  • Contacts: How to reach this organization
  • Money network: 2 filed money-flow records
  • Related organizations: Filed and resolved organization relationships.
  • 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.

  • High — Growth: Revenue growth scored 0/100.
  • High — Sustainability: Total-asset coverage ratio scored 12/100.
  • Moderate — Sustainability: Operating margin scored 46/100.
  • High — Sustainability: Liabilities to assets ratio scored 2/100.
  • Review — Sustainability: Officer compensation ratio scored 56/100.