Jump Math
STAR RATINGCi's Star Rating is calculated based on the following independent metrics: |
✔+
FINANCIAL TRANSPARENCY
Audited financial statements for current and previous years available on the charity’s website.
A
RESULTS REPORTING
Grade based on the charity's public reporting of the work it does and the results it achieves.
High
DEMONSTRATED IMPACT
The demonstrated impact per dollar Ci calculates from available program information.
NEED FOR FUNDING
Charity's cash and investments (funding reserves) relative to how much it spends on programs in most recent year.
54%
CENTS TO THE CAUSE
For a dollar donated, after overhead costs of fundraising and admin/management (excluding surplus) 54 cents are available for programs.
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OVERVIEW
About Jump Math:
JUMP Math is a 5-star rated charity with high impact and an above-average results reporting score. Its overhead costs are outside Ci’s reasonable range for overhead spending, and it has reserve funds to cover program costs for four months.
Founded in 2002 by Canadian mathematician John Mighton, JUMP Math works to build understanding and love of math in students and educators. It believes that every child can be good at math. JUMP Math recognizes that there is a strong link between a child’s academic success and their future contribution to society. It designs math learning resources that align with the curriculum and helps students at all skill levels gain confidence in their ability to learn. JUMP Math uses the latest research in cognitive science and educational psychology to develop its program.
A Charity Intelligence 2022 Top 10 Canadian Impact Charity
Kindergarten to grade eight classrooms use JUMP Math. JUMP Math produces teacher resources (detailed lesson plans, unit tests with answer keys, curriculum correlations, etc.), student practice books, and digital lesson slides. In F2022, there were 16,239 sign-ups to receive free resources from the Resource Centre and 303,844 total free resources were downloaded. The charity also holds professional development events across Canada and the US for K-8 educators.
JUMP Math works primarily in Canada. The charity also works in Spain, the United States, Chile, Bulgaria, and Colombia.
Since 2002, JUMP Math has grown rapidly. In F2022, it was used by over 260,000 students worldwide, including 12,000 students in remote Indigenous communities.
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Results and Impact
In F2020, JUMP Math reported that students participating in the Math Minds research study (a collaboration between the University of Calgary, various school districts and JUMP Math) saw improvement in Canadian Test of Basic Skills scores. CTBS measures computation, conceptual understanding and problem solving. Over five years, students' CTBS scores improved from the 19th percentile to the 38th percentile in computation, from the 25th percentile to the 57th percentile in conceptual understanding, and from the 39th percentile to the 59th percentile in problem solving.
While Ci highlights these key results, they may not be a complete representation of JUMP Math’s results and impact.
Ci has rated JUMP Math as High impact based on demonstrated impact per dollar. Read our report for details on how we calculate JUMP Math's impact.
Impact Rating: High
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Finances
JUMP Math received donations of $804k in F2022. Income from sale of resources and licensing fees was $6.1m in F2022, representing 80% of total revenue.
Administrative costs are 19% of revenues (less investment income), and fundraising costs are 27% of donations. This results in an overhead spending ratio of 46%. For every dollar donated, 54 cents go to the cause. This is outside Ci’s reasonable range for overhead spending.
JUMP Math has reserve funds of $1.5m and can cover 4.3 months of its annual program costs with these reserve funds.
In addition to its salaries, JUMP Math paid professional and consulting fees of $904k in F2022, $309k in F2021, and $96k in F2020.
This charity report is an update that has been sent to JUMP Math for review. Changes and edits may be forthcoming.
Updated on June 2, 2023 by Kiara Andrade.
Financial Review
Fiscal year ending April
|
2022 | 2021 | 2020 |
|---|---|---|---|
| Administrative costs as % of revenues | 19.3% | 22.6% | 16.7% |
| Fundraising costs as % of donations | 26.6% | 18.2% | 42.0% |
| Total overhead spending | 45.9% | 40.7% | 58.6% |
| Program cost coverage (%) | 36.2% | 35.5% | 19.9% |
Summary Financial StatementsAll figures in $000s |
2022 | 2021 | 2020 |
|---|---|---|---|
| Donations | 804 | 637 | 1,037 |
| Government funding | 648 | 618 | 164 |
| Fees for service | 6,148 | 4,083 | 3,738 |
| Investment income | 5 | 3 | 6 |
| Other income | 61 | 79 | 126 |
| Total revenues | 7,665 | 5,420 | 5,071 |
| Program costs - International | 72 | 235 | 515 |
| Program costs - Canada | 4,097 | 3,141 | 3,305 |
| Grants | 100 | 0 | 0 |
| Administrative costs | 1,480 | 1,223 | 843 |
| Fundraising costs | 213 | 116 | 435 |
| Total spending | 5,962 | 4,715 | 5,099 |
| Cash flow from operations | 1,703 | 705 | (28) |
| Capital spending | 0 | 0 | 0 |
| Funding reserves | 1,546 | 1,197 | 760 |
Note: JUMP Math had deferred contributions of $372k in F2022, ($29k) in F2021 and ($3k) in F2020. Ci could not break out changes in government vs. non-government deferred contributions and therefore could not adjust for deferred donations. Ci reported publication sales, training, licensing fees, and royalty revenues in fees for services. Ci reported deferred licensing fee revenues, affecting revenues by $1.8m in F2022. Ci reported program, administrative, and fundraising costs from the charity’s T3010 CRA filings and backed out amortization on a pro-rata basis. In the charity's audited financial statements, government funding is recognized as an expense recovery. Ci has adjusted for government funding reported in the audited financial statement and the charity's T3010 CRA filing. This affected revenues by $162k in F2022 and $618k in F2021. This also affected expenses by $162k in F2022 and $596k in F2021.
Salary Information
$350k + |
0 |
$300k - $350k |
0 |
$250k - $300k |
0 |
$200k - $250k |
1 |
$160k - $200k |
1 |
$120k - $160k |
1 |
$80k - $120k |
7 |
$40k - $80k |
0 |
< $40k |
0 |
Information from most recent CRA Charities Directorate filings for F2022
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Comments & Contact
Comments added by the Charity:
These comments were provided for a previous version of this profile.
The 42% Overhead represents 23% Admin + 19% Fundraising. JUMP Math is a five-star rated charity and education publisher.
The pandemic had an impact on fundraising revenues. The duration of JUMP Math's major gifts cycle expands beyond one year and JUMP Math expects to see more revenue to support its mission. JUMP Math expects to see some years are higher than others but in the long term, donations are steady.
Charity Contact
This email address is being protected from spambots. You need JavaScript enabled to view it. Tel: 416-596-7716