Toronto, ON M5E 1E5
CEO: Scott McMeekin
Board Chair: Dean Prevost
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
Cents to the Cause
Impact Rating: High
Full-time staff #30
Avg. Compensation $65,817
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 kindergarten to grade 8 based on the latest cognitive science research. JUMP Math also provides development courses and coaching for teachers, and conducts math education research alongside schools. The charity’s mission is to enhance potential by encouraging an understanding and love of math in students and educators. JUMP Math believes there is a connection between a child’s academic success in math and their future contribution to society.
JUMP Math offers teachers, tutors, and parents materials and training to help their students and/or children reach their math potential. In F2017, JUMP Math trained 2,915 teachers, gave 5,011 students JUMP Math resources, and impacted 179,340 students across Canada, the US, and Spain. Based on the charity’s website, JUMP Math is currently being used by 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. Investing more in research to further improve the effectiveness of the JUMP program, both student and teacher math confidence and performance can be improved, while also reducing anxiety caused by math.
JUMP Math also undergoes annual assessments 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%.
Results and Impact: In its F2017 Annual Report, it stated 92% of teachers reported that JUMP Math improved their students’ performance in math class. Charity Intelligence gave JUMP Math an impact rating of High for proven impact per dollar (see impact grid on the bottom right).
JUMP Math is a medium-sized charity with total donations of $1.3m in F2017. Publication sales, training and royalty revenues make up 67% of total revenues in F2017. Administrative costs are 6% of revenues and fundraising costs are 29% of donations. Per dollar donated to the charity, $0.65 goes toward its programs, which falls just inside Ci’s reasonable range for overhead spending. Funding reserves of $1.5m can cover only 40% of annual program costs, indicating a need for donations.
In 2014, JUMP Math entered into a licensing agreement with the U.S. Department of Education to fund a team of researchers at SickKids Hospital. The Canadian researchers compared the current provincial math curriculum to the JUMP math program. The agreement was mutually terminated in 2015 and the charity recorded royalty revenues of $2.7m in F2016. As a result, there is a significant drop in F2017 Fees for Service compared to F2016.
This charity report is an update that has been sent to Jump Math for review. Comments and edits may be forthcoming.
Updated on May 16, 2018 by Derek Houlberg.
Financial RatiosFiscal year ending April
|Administrative costs as % of revenues||6.4%||5.3%||8.1%|
|Fundraising costs as % of donations||29.1%||33.9%||11.2%|
|Program cost coverage (%)||39.9%||42.8%||38.6%|
Summary Financial StatementsAll figures in $s
|Fees for service||2,639,276||3,643,087||3,839,207|
|Cash flow from operations||(375,910)||207,568||817,742|