Jumpstart Inc
JumpStart Inc. is a Cleveland, Ohio public charity that supports entrepreneurs and small businesses through services, connections, and investment. Its website describes its work as helping tech startups and small businesses grow, while its 2023 filing describes entrepreneurial services and investing as part of its regional economic development work.
Jumpstart Inc at a glance
In short: Jumpstart Inc gave $130K across 1 grant in 2025 (avg $130K), mostly in Ohio. Source: 2025 IRS Form 990.
- Annual giving (2025)
- $130,000
- -50.0% vs 2024
- Grants made (2025)
- 1
- -93.8% vs 2024
- Average grant
- $130,000
- +699.3% vs 2024
- Median grant
- $130,000
- Total assets
- $89,008,754
- +3.1% vs 2024
- Primary geography
- Ohio (100% of itemized 2025 grant dollars)
- Latest 990 filing
- Form 990, 2025 View filing
Data from IRS Form 990, 2025; updated October 2026.
How to apply to Jumpstart Inc
- How to Apply
-
The website’s general small-business assistance application collects information to connect applicants with resources from JumpStart or partner organizations. For the Core City program, the website describes a 12-week program culminating in a funding pitch competition.
- Contact
Mailing address: 1974 East 66Th Street 200, Cleveland, OH 44103
Phone: (216) 363-3400
Website: https://jumpstartinc.org
Application details from Grantable's research on the foundation's public materials; confirm on its website before applying.
Open Grants
1 open opportunity from Jumpstart Inc
Who Jumpstart Inc funds
How this funder distributes its grants
Top Recipients
Top recipient in 2025
The largest 2025 recipient was Northeast Ohio Hispanic Chamber of Commerce ($130K).
Grant Size Distribution
99 grants across all recorded years
The most common grant size was under $50K: 76 grants of 99 (77%).
Geographic Focus
Where this funder awards grants
JumpStart’s website and 2023 filing describe work in Northern Ohio, including support for entrepreneurs and businesses in the region. The 2025 filing’s sole reported grant went to an organization in Cleveland, Ohio. The Core City: Cleveland Impact Program is focused on Cleveland.
Grant Distribution by State
Share of the 2025 grant dollars on its one itemized grant.
Cities
How Jumpstart Inc gives
- Giving fell 94% from 2022 to 2025. Method
From the foundation's IRS Form 990 filings. Methodology.
Giving History
Giving Over Time
Total grant dollars and number of grants per year
From 2019 to 2025, annual grant giving ranged from $130K (2025) to $3.0M (2020). In 2025 it made 1 grant totaling $130K.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Northeast Ohio Hispanic Chamber of Commerce Cleveland, OH | Business Support | $130,000 |
Ready to take the next step with Jumpstart Inc?
Financial History
Multi-year comparison from IRS filings
In its 2023 filing, JumpStart said that significant assets were held as equity in Ohio startups and were not liquid or tradable. The filing described liquidation and reinvestment in new companies as an organizational goal.
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants | Net Investment Income |
|---|---|---|---|---|---|---|
| 2025 | $89,008,754 | $35,809,933 | $35,568,812 | $130,000 | 1 | $1,826,257 |
| 2024 | $86,338,107 | $21,064,299 | $27,704,022 | $260,240 | 16 | $1,343,688 |
| 2023 | $90,254,116 | $22,585,465 | $24,603,929 | $547,000 | 19 | $948,973 |
| 2022 | $82,356,707 | $21,511,113 | $21,635,652 | $2,036,530 | 23 | $7,478,895 |
| 2021 | $80,559,067 | $15,740,011 | $20,518,500 | $2,232,809 | 40 | $3,339,735 |
| 2020 | $78,465,079 | $26,023,957 | $24,854,718 | $2,999,459 | 61 | $1,196,218 |
| 2019 | $76,688,561 | $22,837,746 | $21,382,642 | $1,502,421 | 32 | $3,867,999 |
Research compiled by Grantable AI from public sources. Last updated October 2026.
Mission & Focus Areas
JumpStart’s mission is to drive economic vitality by connecting entrepreneurs to the opportunities and resources they need to succeed. Its website describes support for early-stage tech startups preparing to scale and seek investment, as well as tailored services, network connections, and educational resources for small businesses.
The organization’s 2023 filing describes entrepreneurial services, investment, outreach and education, and network advising. It says its support can include investment capital, technical guidance, and connections to experts, board members, potential customers, and other resources.
The 2025 filing reports a grant to the Northeast Ohio Hispanic Chamber of Commerce.
Grantmaking
In filing year 2025, JumpStart reported one grant totaling $130,000. The grant was to the Northeast Ohio Hispanic Chamber of Commerce in Cleveland, Ohio, for business support. The grant’s median and sole award amount was $130,000.
JumpStart’s website describes the Core City: Cleveland Impact Program as a 12-week business-assistance program that culminates in a pitch competition, where participants pitch to judges for funding. The listed award range is $0–$10,000. This is a participant program, distinct from the grants reported in the filing.
Leadership & Key People
Leadership team and compensation from IRS filings
The 2025 filing lists Julie Jacono as CEO; Cindy Torres Essell as chair; Kate Asbeck as vice chair and treasurer; Larry Fulton as vice chair; and Jeanne Coughlin, Anthongy Campana, Brian Hall, Karim Botros, Cheryl Perez, and Deborah Yue as directors.
JumpStart’s website separately announced the appointment of Lorne Novick as CEO, describing him as having served as interim CEO before the appointment.
Jumpstart Inc is led by Julie Jacono, CEO since 2025 (on filings since 2024); 19 of 41 officers listed in 2025 are compensated.
Officers on the 2025 filing
Julie Jacono
CEO
Chief Executive Officer → CEO, 2025
On filings since 2024
40 hrs/week
$150K (2024) → $421K (2025)
Cindy Torres Essell
Chair
Director → Vice Chair, 2024
Vice Chair → Chair, 2025
On filings since 2021
2 hrs/week
No compensation reported
Karim Botros
Director
On filings since 2019
1 hr/week
$136K (2025)
Danielle M. Morris
Senior Director, Revenue & Compliance Management
Senior Director, Rev & Compliance → Senior Director, Revenue & Compliance Management, 2025
On filings since 2024
40 hrs/week
$155K (2024) → $159K (2025)
Alison King
Director & Burton D. Morgan Mentoring
New on the 2025 filing
40 hrs/week
$151K (2025)
Camille Genise Heard
Director & High Growth Services
New on the 2025 filing
40 hrs/week
$137K (2025)
Feowyn A. Mackinnon
Senior Director & Strategic Business Initiatives
New on the 2025 filing
40 hrs/week
$145K (2025)
Michele Hicks
Senior Director of Human Resources
New on the 2025 filing
40 hrs/week
$126K (2025)
Anthongy Campana
Director
On filings since 2019
1 hr/week
No compensation reported
Brian Hall
Director
On filings since 2019
1 hr/week
No compensation reported
Jeanne Coughlin
Director
Vice Chair → Board Chair, 2022
Board Chair → Director, 2025
On filings since 2019
1 hr/week
No compensation reported
Cheryl Perez
Director
On filings since 2022
1 hr/week
No compensation reported
Deborah Yue
Director
On filings since 2022
1 hr/week
No compensation reported
Jean-Claude Kihn
Director
On filings since 2022
1 hr/week
No compensation reported
Bill Seelbach
Director
On filings since 2023
1 hr/week
No compensation reported
Todd Green
Director
On filings since 2023
1 hr/week
No compensation reported
Angel Rodriguez
Director
New on the 2025 filing
1 hr/week
No compensation reported
Anne Graffice
Director
New on the 2025 filing
1 hr/week
No compensation reported
Dean Uher
Director
New on the 2025 filing
1 hr/week
No compensation reported
Joe Glick
Director
New on the 2025 filing
1 hr/week
No compensation reported
Joe Rich
Director
New on the 2025 filing
1 hr/week
No compensation reported
Karan Jolly
Director
New on the 2025 filing
1 hr/week
No compensation reported
Marco Grgurevic
Director
New on the 2025 filing
1 hr/week
No compensation reported
Paul Wellener
Director
New on the 2025 filing
1 hr/week
No compensation reported
Steve Fening
Director
New on the 2025 filing
1 hr/week
No compensation reported
Jerold J. Frantz
Former President Js Ventures
President & Jumpstart Ventures → Former & President Js Venture, 2024
Former & President Js Venture → Former President Js Ventures, 2025
On filings since 2019
40 hrs/week
$246K (2019) → $215K (2025)
Lorne J. Novick
Chief Services Officer
Senior Partner, Svcs & Deal Flow → Senior Partner, Svcs & Deal Fl, 2022
Senior Partner, Svcs & Deal Fl → Chief Services Officer, 2023
On filings since 2020
40 hrs/week
$168K (2020) → $306K (2025)
Matthew William Miller
Former Senior Venture Partner
Managing Ptnr & Portfolio → Former & Managing Partner, 2024
Former & Managing Partner → Former Senior Venture Partner, 2025
On filings since 2020
40 hrs/week
$204K (2020) → $146K (2025)
John William Grace Jr.
Chief Workforce Officer
Chief People & Culture Officer → Chief People, Culture & Facilities, 2024
Chief People, Culture & Facilities → Chief Workforce Officer, 2025
On filings since 2021
40 hrs/week
$122K (2021) → $295K (2025)
Hardik Desai
Jse Managing Partner
Managing Ptnr & Investing → Managing Ptnr & Next Fund, 2024
Managing Ptnr & Next Fund → Jse Managing Partner, 2025
On filings since 2022
40 hrs/week
$207K (2022) → $194K (2025)
Teleange' Thomas
Former COO
Chief Operating & Relationship Officer → Chief Operating & Relation, 2023
Chief Operating & Relation → Former COO, 2025
On filings since 2022
40 hrs/week
$233K (2022) → $433K (2025)
Eric Amanfoh
Vice President & Finance
On filings since 2024
40 hrs/week
$184K (2024) → $183K (2025)
Nakia L. Hubbard
Senior Vice President, Marketing & Communications
On filings since 2024
40 hrs/week
$161K (2024) → $187K (2025)
Corey O. James
Chief Equity Outreach & Initiative
New on the 2025 filing
40 hrs/week
$199K (2025)
Kaleigh Gallagher
Vice President, Tech Services & Network Management
New on the 2025 filing
40 hrs/week
$189K (2025)
Kimalon Arnetta Dixon
Vice President of Strategic Partnerships
New on the 2025 filing
40 hrs/week
$163K (2025)
Vicki McDonald
Former Director of Communications
New on the 2025 filing
40 hrs/week
$104K (2025)
Kate Asbeck
Vice Chair & Treasurer
Vice Chair → Vice Chair Treasurer, 2024
Vice Chair Treasurer → Vice Chair & Treasurer, 2025
On filings since 2019
2 hrs/week
No compensation reported
Larry Fulton
Vice Chair
Director → Vice Chair, 2025
On filings since 2021
1 hr/week
No compensation reported
Drew Purcell
Vice Chair
Director → Vice Chair, 2025
On filings since 2023
2 hrs/week
No compensation reported
Kipum Lee
Vice Chair
Director → Vice Chair, 2025
On filings since 2023
2 hrs/week
No compensation reported
Former officers (64)
- Former: Barbara Paynter (2019–2024) — Vice Chair
- Former: Carol Caruso (2019–2024) — Director
- Former: Jose Vasquez (2019–2024) — Vice Chair
- Former: Karen C. Adame (2019–2024) — Former & CFO
- Former: Mark J. Samolczyk (2019–2024) — Director
- Former: Ray T. Leach (2019–2024) — Former & CEO
- Former: Sharon Toerek (2019–2024) — Director
- Former: A. Lamont Mackley (2020–2024) — Former Chief Inclusion
- Former: Gerrick Doss (2022–2024) — Director
- Former: Kevin Mendelsohn (2022–2024) — Former & Senior Venture
- Former: Nadine Germaine Batchaha Nana (2022–2024) — Former & Venture Partner
- Former: Kaliegh Gallagher (2024) — Vice President, Tech Svc & Network
- Former: Roy Eugene Hodge (2024) — Former & Entreprenuer in Residence
- Former: Larry Goodman (2019–2023) — Director
- Former: Richard E. Jankura Jr. (2019–2023) — Interim CEO
- Former: Thomas Hopkins (2019–2023) — Vice Chair
- Former: Ann Hamilton (2021–2023) — Director
- Former: Eric Fiala (2021–2023) — Director
- Former: John Pigott (2021–2023) — Director
- Former: Odell Coleman (2021–2023) — Director
- Former: Harpreet Saluja (2023) — Director
- Former: John Rudd (2023) — Director
- Former: Kyle Frantz (2023) — Former
- Former: Michael Oakes (2023) — Director
- Former: Jonathon L. Grimm (2019–2022) — Frmr
- Former: Kendra M. Gardiner (2019–2022) — Frmr
- Former: Michael Regelski (2019–2022) — Director
- Former: Remsen D. Harris (2019–2022) — Frmr
- Former: Kara L. Carter (2020–2022) — Frmr
- Former: Patricia Grospiron (2020–2022) — Frmr
- Former: Nancy Mendez (2021–2022) — Director
- Former: Romona Davis (2021–2022) — Director
- Former: George Sample (2022) — Director
- Former: Gloria Ware (2022) — Frmr
- Former: Lisa Camp (2022) — Director
- Former: Natoya Walker-Minor (2022) — Director
- Former: William Nemeth (2022) — Frmr
- Former: Catherine N. Belk (2019–2021) — Frmr President
- Former: Darrell McNair (2019–2021) — Director
- Former: Gary S. Shamis (2019–2021) — Chair
- Former: Jay Goyal (2019–2021) — Director
- Former: Jj Digeronimo (2019–2021) — Director
- Former: Joseph Jankowski (2019–2021) — Director
- Former: Lee Neilsen (2019–2021) — Director
- Former: Leonard D. Young (2019–2021) — Director
- Former: Patrick Pastore (2019–2021) — Vice Chair
- Former: Stephen Fry (2019–2021) — Director
- Former: Steve McHale (2019–2021) — Director
- Former: William L. Hartmann (2019–2021) — Director
- Former: William R. Seelbach (2019–2021) — Chair Emeritus
- Former: Don Graves (2020–2021) — Vice Chair
- Former: Marleina Davis (2020–2021) — Director
- Former: Stephen Dull (2020–2021) — Director
- Former: Laura O'Brien Desmond (2019–2020) — Senior Partner & Advancement
- Former: Gayle Johntson Pekkola (2020) — Senior Partner, Marketing & Communications
- Former: Albert M. Green (2019) — Director
- Former: Anne Richie (2019) — Venture Partner
- Former: Dean Koch (2019) — Venture Partner
- Former: Ej Burke (2019) — Director
- Former: Ellen Burts-Cooper (2019) — Vice Chair
- Former: Erin Horne McKinney (2019) — Former Managing Partner & Inclusion
- Former: Gregory Carlin (2019) — Venture Partner
- Former: John Kevin Berner (2019) — Venture Partner
- Former: Kristen Morris (2019) — Director
Data from IRS Form 990 filings, 2019–2025. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.
Compensation Overview
From 2025 IRS filing
The highest reported compensation on the 2025 filing was $433K, to Teleange' Thomas (Former COO). 19 officers or directors reported compensation on that filing.
Frequently asked questions about Jumpstart Inc
How much does Jumpstart Inc give each year?
Jumpstart Inc gave $130K across 1 grant in 2025, according to its 2025 IRS Form 990. In 2024 it gave $260K across 16 grants.
How large is Jumpstart Inc?
Jumpstart Inc reported $89.0M in total assets on its 2025 IRS Form 990. Its revenue that year was $35.8M.
What does Jumpstart Inc fund?
JumpStart’s mission is to drive economic vitality by connecting entrepreneurs to the opportunities and resources they need to succeed. See mission & focus areas ↑
How do I apply for a grant from Jumpstart Inc?
The website’s general small-business assistance application collects information to connect applicants with resources from JumpStart or partner organizations. Eligibility and process details are in the grantmaking section of this profile. See how to apply ↑
Where does Jumpstart Inc make grants?
JumpStart’s website and 2023 filing describe work in Northern Ohio, including support for entrepreneurs and businesses in the region. The 2025 filing’s sole reported grant went to an organization in Cleveland, Ohio. The Core City: Cleveland Impact Program is focused on Cleveland.
What is Jumpstart Inc's EIN?
Jumpstart Inc's EIN (Employer Identification Number) is 34-1398522. IRS Form 990 filing data is available on this page for 2019–2025.
Data last updated October 2026. Sourced from IRS Form 990 filings. Research dossier generated October 2026.
Data update history
(8)
When this profile's IRS filing data changed on Grantable
- Updated Form 990 for fiscal year 2019 (received by the IRS February 13, 2020)
- Updated Form 990 for fiscal year 2020 (received by the IRS February 18, 2021)
- Updated Form 990 for fiscal year 2021 (received by the IRS March 12, 2022)
- Updated Form 990 for fiscal year 2022 (received by the IRS February 16, 2023)
- Updated Form 990 for fiscal year 2023 (received by the IRS February 22, 2024)
- Updated Form 990 for fiscal year 2024 (received by the IRS May 15, 2025)
- Updated Form 990 for fiscal year 2025 (received by the IRS April 10, 2026)
- IRS filings on file for fiscal years 2019–2025
Live grants for the work Jumpstart Inc funds
Community Improvement & Capacity Building Open opportunities, soonest deadline first.
Explore Open Grants
Browse active grant opportunities in Jumpstart Inc's focus areas in our free grants database
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Jumpstart Inc down — hundreds of funders to go?