Overview
What is Juma Ventures Inc?
Juma Ventures Inc is a nonprofit organization based in San Francisco, California, with a mission to break the cycle of poverty. They achieve this by operating youth development programs, specifically concession businesses at major sports and entertainment venues. This employment opportunity provides low-income youth with meaningful work experiences, typically lasting for about six months, during which they complete approximately 150 hours of work and earn an average income of $2,000. Juma's programs focus on enhancing soft and hard skills, building core competencies in areas like customer service, sales, and business operations. The organization employs a total of 629 individuals. This workforce development approach equips young people from disadvantaged backgrounds with the necessary tools to make successful transitions to independence in adulthood.
Official website here: www.juma.org
What are the reviews and ratings of this charity?
Charity Navigator Rating 88% - Three-Star out of Four Star Rating
Juma Ventures Inc has earned a Three-Star rating from Charity Navigator, reflecting a strong commitment to accountability and impact. With a score of 100 in Leadership & Adaptability and 94 in Culture & Community, the organization demonstrates excellent governance and community engagement. Their financial practices are solid, evidenced by independent board oversight and well-audited financial statements, as well as the absence of asset diversion.
User reviews on Great Nonprofits highlight the transformative effect of Juma's programs on youth, emphasizing the opportunities for personal and professional growth. Volunteers and donors consistently praise the organization's ability to empower young people with essential skills such as financial management and career development, thereby preparing them for higher education and future success. The positive experiences shared by community members reinforce the program’s reputation as a valuable resource in fostering youth entrepreneurship.
While the organization shows strong performance, users have not noted specific limitations in the feedback available. However, the overall assessment indicates that Juma Ventures is a commendable nonprofit that effectively addresses the needs of the youth in its community through dedicated support and programming.
This AI summary has been generated from information found on Charity Navigator and Great Nonprofits.
Is Juma Ventures Inc legitimate?
Juma Ventures Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Juma Ventures Inc submitted a form 990, 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: $360,155
Professional Fundraising Fees: $0
Other Salaries and Wages: $4,035,009
For more financial information, click here
Official website here: www.juma.org
What is the mission statement of Juma Ventures Inc?
Juma Ventures Inc is a nonprofit organization dedicated to breaking the cycle of poverty among low-income youth. They achieve this by operating youth development programs. Juma empowers these youth to make successful transitions into independence as adults through the operation of social enterprise concession businesses at major sports and entertainment venues. These businesses provide meaningful employment and workforce development training opportunities. Juma's innovative programs integrate employment in social enterprises with college preparation, career services, financial capability training, asset-building services, and leadership development. This holistic approach ensures that young people have the necessary tools to break free from the cycle of poverty.
Official website here: www.juma.org
Who is the CEO of Juma Ventures Inc?
Adriane Armstrong is the Chair of Juma Ventures Inc. The CEO's salary of Juma Ventures Inc is $181,926 and their total compensation is $197,577.
Official website here: www.juma.org
What is the revenue of Juma Ventures Inc?
Juma Ventures Inc's revenue in 2022 was $6,189,605.
Official website here: www.juma.org
Who are the executives of Juma Ventures Inc and what are their salaries?
The average compensation at Juma Ventures Inc during 2022 was $6,988. There are 629 employees and 20 volunteers at Juma Ventures Inc.
Here are 25 key members and their salaries (Juma Ventures Inc's CEO's salary is $181,926 and their total compensation is $197,577):
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- Compensation: $181,926
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- Compensation: $119,463
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- Other: $12,877
Official website here: www.juma.org
Where can I find the form 990 for Juma Ventures Inc?
Juma Ventures Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.juma.org
Learn more at the official website: www.juma.org
Mission Statement of Juma Ventures Inc
Juma Ventures Inc, a nonprofit organization, is dedicated to breaking the cycle of poverty. They accomplish this by operating youth development programs. The core of Juma's mission lies in empowering low-income youth, helping them make successful transitions into independent adulthood. Juma operates social enterprise concession businesses at major sports and entertainment venues. This strategy provides meaningful employment and workforce development training opportunities for young individuals from disadvantaged backgrounds.
Juma's innovative approach integrates employment in social enterprises with college preparation, career services, financial capability training, asset-building services, and leadership development. By offering a comprehensive set of tools, Juma ensures that young people have the necessary skills to break free from the cycle of poverty. This holistic approach aims to equip them with the confidence and resources needed to secure a brighter future.
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Impact
July, 2024
Juma Ventures Inc breaks the cycle of poverty by providing meaningful employment experiences to youth from underserved communities. Through operating concession businesses in professional sports and entertainment venues, Juma empowers low-income youth to master soft and hard skills, build core competencies in customer service, sales, and business operations, and earn an average of $2,000 over the course of a sports season. By integrating employment opportunities with college preparation, career services, financial capability training, asset-building services, and leadership development, Juma ensures that young people have the tools to successfully transition to independence in adulthood and break the cycle of poverty.
This information is meant to be a general summary of Juma Ventures Inc. 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $10,367
- Program Service Revenue: $1,545,992
- Gross Receipts: $6,650,843
Assets and Liabilities:
- Total Assets: $3,506,486
- Total Liabilities: $1,311,382
- Net Assets: $2,195,104
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
STAFFING SERVICES
Revenue
$1,545,992
Organization Details
Founding Year
1993
Phone
(415) 371-0727Principal Officer
Adriane Armstrong
Main Address
131 STEUART STREET 201, SAN FRANCISCO, CA, 94105
Website
www.juma.orgNTEE Category
Code: J20Z - Employment
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