Toronto, ON M5E 1E5
CEO: Scott McMeekin
Board Chair: Lisa O'Toole
Charitable Reg. #: 86432 6814 RR0001
Grade: AThe grade is based on the charity's public reporting of the work it does and the results it achieves.
Need for Funding
Full-time staff #28
Avg. Compensation $77,008
Top 10 Staff Salary Range
|$300k - $350k||0|
|$250k - $300k||0|
|$200k - $250k||0|
|$160k - $200k||0|
|$120k - $160k||2|
|$80k - $120k||5|
|$40k - $80k||3|
About Jump Math:
Founded in Canada in 2002, JUMP Math runs math programs for children in grades 1 to 8. These math programs are based on the latest cognitive science research and innovative instructional approaches. The charity’s mission is to enhance potential by encouraging an understanding and love of math in students and educators. JUMP Math’s philosophy is based on the causal link between a child’s academic success and their future contribution to society.
JUMP Math resources are available for all grades between kindergarten and grade 8. The charity offers teachers, tutors, and parents materials and training to help them with their students and/or children. In F2016, JUMP Math trained 1,750 teachers, gave 4,622 students JUMP Math resources, gave 197 tutors resources, reached 18,000 indigenous students and reached 172,500 students across Canada, the US, and Spain. Based on the charity’s website, JUMP Math currently reaches more than 150,000 students in Canada.
JUMP Math was analyzed by Success Markets Inc., who found the JUMP Math program to have a high social return by improving student math performance, reducing math anxiety, improving student and teacher confidence, improving teacher skills, and investing in research to further improve the effectiveness of the JUMP program.
JUMP Math also undergoes an annual assessment through its National Book Fund (NBF) program. For F2016, the NBF report found that math achievement of students in the JUMP program grew at 2.4 times the rate of the standardized sample. The report also found that between the fall and spring of the school year, the number of students in the program scoring below average in math skills dropped by 8%.
JUMP Math is a small-cap charity with total donations of $990k in F2016. Publication sales, training and royalties revenues make up 78% of total revenues in F2016. Administrative costs are 5% of revenues and fundraising costs are 33% of donations. Per dollar donated to the charity, $0.62 goes toward its programs, which falls outside Ci’s reasonable range for overhead spending. Funding reserves of $1.7m can cover only 43% of annual program costs, indicating a funding need.
This charity report is an update that is currently being reviewed by Jump Math. Comments and edits may be forthcoming.
Updated on August 9, 2017 by Katie Khodawandi.
Financial RatiosFiscal year ending April
|Administrative costs as % of revenues||5.2%||8.3%||9.5%|
|Fundraising costs as % of donations||33.1%||12.3%||0.0%|
|Program cost coverage (%)||42.8%||38.6%||19.0%|
Summary Financial StatementsAll figures in $s
|Fees for service||3,643,087||3,839,207||1,973,844|
|Cash flow from operations||232,739||730,294||170,144|