2024-10-16T12:13:06-05:00 2023-12-31 941254756 HOOD & STRONG LLP 2580 N 1ST ST STE 460 SAN JOSE CA 95131 990 2023-01-01 943203203 JUMA VENTURES INC JUMA 4153710727 131 STEUART STREET 202 SAN FRANCISCO CA 94105 ADRIANE ARMSTRONG CEO 4153710727 2024-10-15 1 0 MAGA E KISRIEV P01008919 4089988400 2023 2024-10-15 13:58:12Z X ADRIANE ARMSTRONG 131 STEUART STREET 202 SAN FRANCISCO CA 94105 6996565 0 X WWW.JUMA.ORG X 1993 CA TO BREAK THE CYCLE OF POVERTY THROUGH THE OPERATION OF YOUTH DEVELOPMENT PROGRAMS. 17 17 612 22 0 0 4440755 4411335 1545992 1790017 10367 10595 192491 102829 6189605 6314776 266735 490131 0 0 5096203 5539362 0 0 1318682 893600 1219873 6256538 7249366 -66933 -934590 3506486 3456526 1311382 2196012 2195104 1260514 X JUMA IS A NONPROFIT, YOUTH DEVELOPMENT ORGANIZATION THAT EMPOWERS LOW-INCOME YOUTH TO MAKE SUCCESSFUL TRANSITIONS TO INDEPENDENCE IN ADULTHOOD. JUMA OWNS AND OPERATES SOCIAL ENTERPRISE CONCESSIONS BUSINESSES AT MAJOR SPORTS AND ENTERTAINMENT VENUES TO PROVIDE MEANINGFUL EMPLOYMENT AND WORKFORCE DEVELOPMENT TRAINING OPPORTUNITIES TO YOUTH FROM LOW-INCOME BACKGROUNDS. THROUGH INNOVATIVE PROGRAMS THAT INTEGRATE EMPLOYMENT IN SOCIAL ENTERPRISES WITH COLLEGE PREPARATION, CAREER SERVICES, FINANCIAL CAPABILITY TRAINING, ASSET-BUILDING SERVICES AND LEADERSHIP DEVELOPMENT, JUMA ENSURES THAT YOUNG PEOPLE HAVE THE TOOLS TO BREAK THE CYCLE OF POVERTY. 0 0 2608540 0 172371 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. 2204665 490131 1814561 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. 4813205 1 1 0 0 0 0 0 0 1 0 1 0 0 1 1 1 1 0 0 0 0 0 0 0 1 0 0 1 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 17 0 1 612 1 0 0 0 0 0 0 0 0 0 0 0 0 X 17 17 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 CA X X ADRIANE ARMSTRONG 4153710727 131 STEUART STREET STE 202 SAN FRANCISCO CA 94105 SUSAN HOPKINSON CHAIR 1.00 X X 0 0 0 CHERYL K HOUSE VICE CHAIR 1.00 X X 0 0 0 JANE THORNTON SECRETARY 1.00 X X 0 0 0 STEVE WOLFE TREASURER 1.00 X X 0 0 0 MICHAEL WINNICK BOARD MEMBER 1.00 X 0 0 0 DAMAUNE JOURNEY BOARD MEMBER 1.00 X 0 0 0 GAIL MOODY-BYRD BOARD MEMBER 1.00 X 0 0 0 ANDREW BONDALE BOARD MEMBER 1.00 X 0 0 0 ALI PACE BOARD MEMBER 1.00 X 0 0 0 CYNTHIA BURKS BOARD MEMBER 1.00 X 0 0 0 JASON PEARL BOARD MEMBER 1.00 X 0 0 0 PAUL CLEMMONS BOARD MEMBER 1.00 X 0 0 0 LORENZO F ROBLETO BOARD MEMBER 1.00 X 0 0 0 TERRELL DAVIS BOARD MEMBER 1.00 X 0 0 0 CAROLINE DECHERT BOARD MEMBER 1.00 X 0 0 0 WILLIE ALFORD II BOARD MEMBER (THRU APRIL 2023) 1.00 X 0 0 0 JAMIE BRANDT BOARD MEMBER (THRU AUGUST 2023) 1.00 X 0 0 0 ANGELA DU BOARD MEMBER 1.00 X 0 0 0 CHRISTOPHER LEE BOARD MEMBER 1.00 X 0 0 0 PATRICE MARTIN BOARD MEMBER (THRU JULY 2023) 1.00 X 0 0 0 AHSHA MERSON HAGGART BOARD MEMBER (THRU AUGUST 2023) 1.00 X 0 0 0 LORI RIANDA BOARD MEMBER (THRU APRIL 2023) 1.00 X 0 0 0 ADRIANE ARMSTRONG CEO 40.00 X 189959 0 24713 MARK BREIMHORST COO/CFO (THRU 5/31/23) 40.00 X 72507 0 0 ABDIEL CERRUD CHIEF DEVELOPMENT OFFICER 40.00 X 127099 0 19105 MASON MOOREHEAD CHIEF IMPACT OFFICER 40.00 X 144344 0 144 TARA DEROSA CHIEF PROGRAM & GRANTS OFFICER 40.00 X 126561 0 0 CASSANDRA YEE CHIEF PEOPLE OFFCR & GENERAL COUNSEL 40.00 X 119881 0 24255 LUCIA FERNANDEZ-PALACIOS EXEC. DIRECTOR OF EXTERNAL RELATIONS 40.00 X 110404 0 863 890755 0 69080 6 0 1 0 0 560920 2066429 1783986 15763 4411335 STAFFING SERVICES 561300 1790017 1790017 1790017 10595 10595 20838 0 20838 20838 20838 145595 560920 270217 -124622 -124622 9917 219 9698 9698 583724 411353 172371 172371 OTHER INCOME 900099 24544 24544 24544 6314776 1986932 0 -83491 400430 400430 89701 89701 287179 186002 38046 63131 4470038 2932807 552176 985055 358174 148127 128832 81215 423971 288546 49173 86252 21438 21438 46100 46100 198857 84921 96185 17751 36552 8701 10941 16910 112181 69176 22218 20787 121989 19567 85226 17196 422020 421052 968 55200 31134 6364 17702 47677 23094 11900 12683 11936 11936 8727 1485 7242 49462 26593 22869 TRAINING/SUPPLIES/OTHER 87734 81869 5865 7249366 4813205 1117479 1318682 842959 1073509 539203 169787 1324871 1329495 402283 339648 55019 36760 60031 53439 153275 136875 16218 16400 265902 437488 3506486 3456526 704014 814528 269911 397327 69842 69842 0 500000 267615 414315 1311382 2196012 X 123868 6193 2071236 1254321 2195104 1260514 3506486 3456526 -934590 0 X 0 1 X 1 0 X 3874613 5517099 4951843 4440755 4411335 23195645 1000 1000 3874613 5517099 4951843 4440755 4412335 23196645 2077260 21119385 530 554 4925 19293 31433 56735 417544 32979 18581 155512 624616 23877996 8487327 0.88450 0.86380 X SCHEDULE A, PART II, LINE 10, EXPLANATION OF OTHER INCOME: GROSS INCOME FROM FUNDRAISING EVENTS - 2019 AMOUNT: $ 417,544. 2021 AMOUNT: $ 32,979. 2022 AMOUNT: $ 11,545. 2023 AMOUNT: $ 145,595. GROSS INCOME FROM RAFFLE ACTIVITIES - 2022 AMOUNT: $ 7,036. 2023 AMOUNT: $ 9,917. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 1 X 153275 136875 16400 16400 DEPOSITS 46289 OPERATING LEASE 391199 437488 LEASE LIABILITY 414315 414315 X 6705291 0 6705291 -390515 -390515 6314776 7639881 390515 390515 7249366 0 7249366 PART IV, LINE 2B: IN 2006, AS PART OF ITS PATHWAYS PROGRAM, JUMA ESTABLISHED IDA SAVINGS ACCOUNTS FOR HIGH SCHOOL STUDENTS WHICH ENABLED PARTICIPANTS TO SAVE EARNED INCOME FOR POST-SECONDARY EDUCATION OR TRAINING. EVERY DOLLAR DEPOSITED INTO PARTICIPANTS' IDA ACCOUNTS WAS MATCHED BY JUMA USING FUNDS FROM PUBLIC AND PRIVATE GRANTS AWARDED FOR THIS PURPOSE. IN 2020, JUMA DISBANDED ITS IDA PROGRAM AFTER 14 YEARS OF SUCCESSFUL ASSET BUILDING PROGRAMMING, DUE IN LARGE PART TO THE CONCLUSION OF THE PUBLIC MATCH PORTION. BECAUSE THE IDA ACCOUNTS ARE OWNED BY (ALUMNI) PROGRAM PARTICIPANTS, UNCLAIMED FUNDS ARE BEING HELD UNTIL CLAIMED. AS OF DECEMBER 31, 2023, TOTAL IDA ACCOUNTS HELD FOR YOUTH WAS $69,842. TODAY, JUMA'S WORKFORCE DEVELOPMENT PROGRAM IS KNOWN AS YOUTHCONNECT AND IS TARGETED TO LOW-INCOME, TRANSITION-AGED YOUTH (AGES 16-24) WHO ARE AT RISK OF DISCONNECTION FROM SCHOOL AND WORK AND RECEIVE FINANCIAL CAPABILITY PROGRAMMING WITHOUT THE IDA ACCOUNT PRODUCT. PART X, LINE 2: JUMA VENTURES HAS BEEN DETERMINED TO BE EXEMPT FROM FEDERAL AND STATE INCOME TAXES PURSUANT TO SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE AND SECTION 23701D OF THE CALIFORNIA REVENUE AND TAXATION CODE. ACCORDINGLY, NO PROVISION HAS BEEN MADE FOR SUCH TAXES IN THE FINANCIAL STATEMENTS. MANAGEMENT EVALUATED JUMA'S TAX POSITIONS AND CONCLUDED THAT JUMA HAD MAINTAINED ITS TAX-EXEMPT STATUS AND HAD NOT TAKEN UNCERTAIN TAX POSITIONS THAT REQUIRED ADJUSTMENT TO OR DISCLOSURE IN THE FINANCIAL STATEMENTS. PART XI, LINE 4B - OTHER ADJUSTMENTS: COST OF GOODS SOLD RECLASSIFIED TO REVENUE -411,353. RENTAL INCOME RECLASSIFIED TO REVENUE 20,838. PART XII, LINE 2D - OTHER ADJUSTMENTS: COST OF GOODS SOLD RECLASSIFIED TO REVENUE 411,353. RENTAL INCOME RECLASSIFIED TO REVENUE -20,838. PATH TO POSSIBILITY 635451 505387 130064 37460 130064 4700 70488 SAC BRIGHT FUTURES 25531 21523 4008 1242 4008 1218 2 45533 34010 11523 6811 11523 2703 706515 560920 145595 45513 145595 4700 74409 270217 -124622 1 3STRANDS GLOBAL FOUNDATION 3941 PARK DR STE 20-200 EL DORADO HILLS CA 95762 274594317 501(C)(3) 400430 0 CALIFORNIA VIOLENCE INTERVENTION AND PREVENTION (CALVIP) GRANT PROGRAM 1 0 GRANTS AND OTHER ASSISTANCE (YOUTH INCENTIVES) 490 88684 SEA YOUTH DIRECT ASSISTANCE 5 854 ACTUAL COST WORK ATTIRE, PERSONAL SUPPLIES, HOUSING AND WORK ELIGIBILITY SUPPORT AWARDS & STIPENDS 1 163 PART I, LINE 2: JUMA SERVES AS THE PASS-THROUGH ORGANIZATION FOR CALVIP FUNDS AWARDED TO 3STRANDS GLOBAL FOUNDATION, A SUB-GRANTEE UNDER THE GRANT AWARDED TO JUMA. AS A RESULT, 3STRANDS IS RESPONSIBLE FOR THE MONITORING AND USE OF GRANT FUNDS. SCHOLARSHIPS, FINANCIAL ASSISTANCE AND TRAINING STIPENDS ARE GRANTED TO STUDENTS BASED ON COMBINATION OF MERIT AND FINANCIAL NEED, AS WELL AS FUNDER RESTRICTIONS. INCENTIVE DEPOSITS ARE CONDITIONAL, AND ARE GIVEN TO STUDENTS BASED ON THE COMPLETION OF SPECIFIC PROGRAM REQUIREMENTS. THESE ARE OUTLINED IN THE MEMORANDUM OF UNDERSTANDING (MOU) FOR EACH PROGRAM. X X X 0 0 0 0 0 0 0 0 0 ADRIANE ARMSTRONG CEO 189959 0 0 0 0 0 0 0 24713 0 214672 0 0 0 FORM 990, PART VI, SECTION B, LINE 11B THE CEO AND JUMA GOVERNANCE COMMITTEE REVIEWED THE FORM 990 FOR ACCURACY TO REFLECT CURRENT BOARD PRACTICE. THE FORM 990 WAS DISTRIBUTED TO THE ENTIRE JUMA BOARD PRIOR TO FILING. FORM 990, PART VI, SECTION B, LINE 12C THE JUMA BOARD REVIEWS ITS CONFLICT OF INTEREST POLICY ANNUALLY. EACH JUMA BOARD MEMBER AFFIRMATIVELY ACKNOWLEDGES THE BOARD'S CONFLICTS POLICY AND DISCLOSES ANNUALLY IN WRITING ANY CONFLICTS. BOARD MEMBER WRITTEN CONFLICT DISCLOSURES ARE MONITORED AND REVIEWED BY THE JUMA BOARD CHAIR. IF THERE ARE ANY BOARD MEMBER CONFLICTS OF MATERIAL SIGNIFICANCE, THE BOARD CHAIR AND THE AFFECTED JUMA BOARD MEMBER WILL RESOLVE THE CONFLICTS IN AN APPROPRIATE MANNER TO ENSURE NO HARM TO THE AGENCY. FORM 990, PART VI, SECTION B, LINE 15 THE JUMA BOARD CHAIR AND THE GOVERNANCE COMMITTEE ANNUALLY REVIEW THE JUMA CEO'S COMPENSATION AS PART OF THE CEO'S ANNUAL OVERALL PERFORMANCE MANAGEMENT PROCESS. THE CEO'S PERFORMANCE IS REVIEWED ANNUALLY BY THE BOARD'S GOVERNANCE COMMITTEE VS. STATED WRITTEN PERFORMANCE GOALS. BASED UPON THE BOARD COMMITTEE'S DETERMINATION OF THE CEO'S PERFORMANCE FOR THE YEAR, THE COMMITTEE THEN EVALUATES THE CEO'S COMPENSATION BY REVIEWING COMPARABLE COMPENSATION DATA FOR OTHER SAN FRANCISCO BAY AREA NON-PROFIT CEOS/EXECUTIVE DIRECTORS FOR ORGANIZATIONS WITH SIMILAR BUDGET SIZE. THIS ANNUAL JUMA CEO COMPENSATION REVIEW INCLUDES BOTH BASE SALARY AND INCENTIVE COMPENSATION. THE JUMA GOVERNANCE COMMITTEE THEN RECOMMENDS TO THE FULL JUMA BOARD, AND THE FULL BOARD APPROVES, THE APPROPRIATE COMPENSATION TREATMENT FOR THE JUMA CEO. THE JUMA BOARD ALSO PERIODICALLY CONDUCTS A SIMILAR NON-PROFIT EXECUTIVE COMPARABLE COMPENSATION REVIEW FOR OTHER JUMA SENIOR STAFF. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS AVAILABLE IN A BINDER IN THE SAN FRANCISCO OFFICE LOCATED AT 131 STEUART STREET #202, SAN FRANCISCO, CA 94105 FOR THE SAME PERIOD OF TIME SET FORTH IN SEC. 6104(D).