Toronto, ON M5E 1E5
CEO: Scott McMeekin
Board Chair: Lisa O'Toole
Charitable Reg. #: 86432 6814 RR0001
Social Results Reporting
Grade: AThe grade is based on the charity's public reporting of the work it does and the results it achieves.
Program Cost Coverage
Full-time staff #26
Avg. Compensation $79,433
Top 10 Staff Salary Range
|$300k - $350k||0|
|$250k - $300k||0|
|$200k - $250k||0|
|$160k - $200k||0|
|$120k - $160k||3|
|$80k - $120k||3|
|$40k - $80k||4|
About Jump Math:
Founded in 2001, Jump Math develops math programs for children in grades 1 to 8 and encourages children to think mathematically. The math programs are based on the latest cognitive science research and innovative instructional approaches. The charity offers educators, tutors and parents complete materials as well as training based on its math programs. In F2015, $1.3m or 35% of total revenue came from program training and the sales of program resources. Its programs are primarily sold to school districts, teachers, and parents. Income earned from sales is re-invested into the organization to further its mission. Currently, the charity's math programs are used by over 85,000 children in over 400 schools, tutoring programs, and at home.
Jump Math changed its reporting period from June to April in F2013. The audited financial statements for F2013 are for 10 months from July 2012 to April 2013. Fundraising and administrative costs are 11% of revenues, which is within Ci's reasonable range. Funding reserves of $1.3m can cover 52% of annual program costs.
Analysis updated by Ruoxi Gao in 2016, currently under review by Jump Math.
Financial RatiosFiscal year ending April
|Fundraising & admin costs as % of revenues||10.5%||14.4%||13.0%|
|Program cost coverage (%)||52.1%||31.5%||43.0%|
Summary Financial StatementsAll figures in $s
|Fees for service||1,312,534||651,615||435,690|
|Fundraising & administrative costs||390,673||321,763||219,172|
|Cash flow from operations||730,294||170,144||123,593|