Jumpcycle

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 850736687 ✦ Sammamish, WA ✦ Designated as a 501(c)(3)

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Overview

What is Jumpcycle?

Jumpcycle is a newly established nonprofit organization, founded in the final quarter of 2020. Their primary goal is to spark transformative change within local communities by fostering charitable giving. Despite being a fresh entity, Jumpcycle did not accrue any expenses in 2020, as their initial donations were collected in November of that year. The organization has yet to engage in any significant activities or projects but remains committed to its mission of inspiring positive change through charitable contributions.


Official website here: www.jumpcycle.org

Is Jumpcycle legitimate?

Jumpcycle is a legitimate nonprofit organization registered as a 501(c)(3) entity. Jumpcycle submitted a form 990EZ, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.


Heare are some key statistics you may want to consider:

Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here


Official website here: www.jumpcycle.org

What is the mission statement of Jumpcycle?

Jumpcycle, a recently established nonprofit organization, is committed to sparking immediate and enduring transformation in local communities through charitable contributions. Due to its establishment in the fourth quarter of 2020 and the receipt of initial donations in November of the same year, Jumpcycle did not incur any expenses during 2020. The organization's primary goal is to instigate positive change in the communities it serves through charitable giving.


Official website here: www.jumpcycle.org

What is the revenue of Jumpcycle?

Jumpcycle's revenue in 2024 was $114,791.


Official website here: www.jumpcycle.org

Who are the executives of Jumpcycle and what are their salaries?

Here are 2 key members and their salaries:


John Han (Executive Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Wayne Su (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.jumpcycle.org

Where can I find the form 990EZ for Jumpcycle?

Jumpcycle's most recent form 990EZ was submitted in 2024 and can be accessed here.


Official website here: www.jumpcycle.org

Learn more at the official website: www.jumpcycle.org

Mission Statement of Jumpcycle

Jumpcycle, a recently established nonprofit organization, is committed to instigating prompt and enduring transformations within local communities through charitable contributions. Established in the latter part of 2020, Jumpcycle saw its initial donations come in during November of that year. During its inaugural year, the nonprofit did not incur any expenses, as it was still in the process of setting up operations.

At its core, Jumpcycle's mission is to stimulate positive change in communities by promoting philanthropy. The organization aspires to bring about long-lasting improvements in the lives of people within its areas of operation, seeking to make a meaningful impact. Despite being a relatively new entity, Jumpcycle has already set its sights on inspiring change and making a difference in the lives of those in need.

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Impact




October, 2024

Jumpcycle focuses on inspiring immediate and lasting change within communities through charitable giving. Since its inception in late 2020, the organization has aimed to cultivate a culture of generosity and support in Sammamish, WA, leveraging community resources to address various needs. By mobilizing donations and community involvement, Jumpcycle fosters a sense of shared responsibility and empowerment, encouraging individuals to contribute to positive transformations in their neighborhoods. Its commitment to human services underscores the organization's dedication to addressing the social and economic challenges faced by community members, thereby enhancing the overall well-being and resilience of the area.




This information is meant to be a general summary of Jumpcycle. Please take the time to review official sources before making any decisions based upon the content provided here.


Financials

This financial information is from Propublica.

Revenue
$114,791 (2024)
Expenses
$106,634 (2024)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2024.

  • Gross Receipts: $114,791

Assets and Liabilities:

  • Total Assets: $4,420
  • Total Liabilities: $0
  • Net Assets: $4,420

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Organization Details

Principal Officer

John Han

NTEE Category

Code: P20 - Human services

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