Civic Intelligence

Jamko Foundation Incorporated

EIN 84-4141628 • 501(c)3 • Oakland, CA

Pub. 78 Eligible

Profile

Outreach and support for low income/homeless

3630 High Street Unit 19037Oakland, CA 94619

www.jamkofoundation.org

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

59th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

501(c)3 • <$500k nonprofits • Source year 2021

Liabilities / Revenue

61st percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

501(c)3 • <$500k nonprofits • Source year 2021

Net Margin

72nd percentile

18%

Higher net margin than 72% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2021

Top Officer Pay

Score unavailable

No value available

No filing with officer rows is available for this organization yet.

Asset Growth

Score unavailable

No value available

No earlier valid filing was available within the previous three public years.

Source year 2021

Revenue Growth

Score unavailable

No value available

No earlier valid filing was available within the previous three public years.

Source year 2021

Assets

Up

$85,227

Up $59,156 (+227%) from 2023

Liabilities

Up

$13,337

Up $13,337 from 2023

Net Assets

Up

$71,890

Up $45,819 (+176%) from 2023

Revenue

Up

$212,719

Up $120,565 (+131%) from 2023

Expenses

Up

$172,323

Up $71,467 (+71%) from 2023

Net Income

Up

$40,396

Up $49,098 (+564%) from 2023

Trend Graphs

Balance Sheet Trend

Grouped bars show assets, liabilities, and net assets across loaded filings.

$100K$50K$0Assets 2020: $1,577Liabilities 2020: $22020Assets 2021: $11,697Liabilities 2021: $0Net Assets 2021: $11,6972021Assets 2022: $28,695Liabilities 2022: $0Net Assets 2022: $28,6952022Assets 2023: $26,071Liabilities 2023: $0Net Assets 2023: $26,0712023Assets 2024: $85,227Liabilities 2024: $13,337Net Assets 2024: $71,8902024

Highlighted filing

2024

Assets$85,227
Liabilities$13,337
Net Assets$71,890

Operations Trend

Revenue, expenses, and net income by year, with the latest filing highlighted.

$300K$200K$100K$0-$100KRevenue 2020: $11,048Expenses 2020: $9,473Net Income 2020: $1,5752020Revenue 2021: $68,600Expenses 2021: $56,478Net Income 2021: $12,1222021Revenue 2022: $159,518Expenses 2022: $142,520Net Income 2022: $16,9982022Revenue 2023: $92,154Expenses 2023: $100,856Net Income 2023: -$8,7022023Revenue 2024: $212,719Expenses 2024: $172,323Net Income 2024: $40,3962024

Highlighted filing

2024

Revenue$212,719
Expenses$172,323
Net Income$40,396

Filings

Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
Apr 10, 2025
Return Version
2024v5.0
Gross Receipts
$212,719
Mission and Program Overview

Mission

Outreach and support for low income/homeless

Jamko Foundation, Inc., founded December 2019, is a national 501(c)(3). Jamko works to ignite hope and provide tangible opportunities for people facing poverty and oppression. We partner with vision-aligned agencies + projects that seek to stabilize a person in 5 key areas: Education, Employment, Finances, Housing and Healthy Well-being to help eradicate poverty of mind, body, spirit. At the heart of our vision is the Merchant Mariner Apprenticeship Training Program, opening doors for Opportunity Youth and Adults to gain skills, credentials, and careers in the maritime industry-bridging potential to prosperity.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$24,615$71,890▲ $47,275
Cap Stk Tr Prin Current Funds$24,615$71,890▲ $47,275
Receivables From Officers Etc$0$3,500▲ $3,500
Accounts Receivable$1,250$2,150▲ $900
Rtn Earn Endowment Incm Other Fnds$1,456$0▼ $1,456
Pledges and Grants Receivable$0$1,250▲ $1,250
Land, Buildings, and Equipment, Net$206$206→ $0
Savings and Temporary Cash Investments$0$0→ $0
Other Notes and Loans Receivable, Net$0$0→ $0
Receivable From Disqualified Prsn$0$0→ $0
Investments Other Securities$0$0→ $0
Investments Program Related$0$0→ $0
Investments in Publicly Traded Securities$0$0→ $0
Pd in Cap Srpls Land Bldg Eqp Fund$0$0→ $0
Intangible Assets$0$0→ $0
Inventories for Sale or Use$0$0→ $0
Loans From Officers Directors$0$0→ $0
Prepaid Expenses and Deferred Charges$0$0→ $0
Total Assets$26,071$85,227▲ $59,156
Other Assets Total$0$6,231▲ $6,231
Liabilities
Other Liabilities$0$11,496▲ $11,496
Accounts Payable and Accrued Expenses$0$1,841▲ $1,841
Grants Payable$0$0→ $0
Mortgage Notes Payable Secured by Investment Property$0$0→ $0
Unsecured Notes Loans Payable$0$0→ $0
Deferred Revenue$0$0→ $0
Escrow Account Liability$0$0→ $0
Tax Exempt Bond Liabilities$0$0→ $0
Total Liabilities$0$13,337▲ $13,337
Net Assets / Fund Balance
Total Net Assets Fund Balance$26,071$71,890▲ $45,819
Total Liabilities and Net Assets / Fund Balance$26,071$85,227▲ $59,156

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$0$0$0
Other Land Buildings$183$417$0
Land$0-$0
Equipment$23$250$0
Leasehold Improvements$0$0$0
Other Assets Org$6,231--
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Michelle EdmondExecutive DirectorFT$32,645$32,645
Lawrence EdmondBoard MemberPT$2,075$2,075

Board Members and Trustees

NameTitle
Cynthia GraysonPresident, Board of Director
Burley Pie aka John McDowellBoard Member
Dr Paula HawthornBoard Member
John McClendonBoard Member
Patricia RamosBoard Member
Robert ReadBoard Member
Revenue and Support

Revenue Composition

Contributions and Grants
$212,555
Program Service Revenue
$164
Investment Income
$0
Other Revenue
$0
All Other Contributions
$45,055
Change in Net Assets
$40,396
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$139,678
Salaries, Compensation, and Employee Benefits$32,645
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Fees for Services Other$73,934$0$0$73,934
All Other Expenses$35,353$1,217$0$36,570
Current Officers, Directors, Trustees, and Key Employees$28,728$3,917$0$32,645
Travel$10,907$3,967$0$14,874
Office Expenses$1,290$2,738$0$4,028
Fees for Services Accounting$2,838$387$0$3,225
Conferences and Meetings$2,156$75$0$2,231
Occupancy$0$1,600$0$1,600
Insurance$1,389$0$0$1,389
Information Technology$948$299$0$1,247
Fees for Services Legal$360$0$0$360
Advertising$220$0$0$220
Total Functional Expenses$158,123$14,200$0$172,323
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Direct Expenses$0
Fundraising Gross Income$0
Gaming Direct Expenses$0
Gaming Gross Income$0
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Insider Transactions and Loans

Loans and Receivables

Line ItemBeginningEndChange
Receivables from Officers, Directors, Trustees, and Key Employees$0$3,500▲ $3,500
Loans from Officers, Directors, Trustees, and Key Employees$0$0→ $0
Receivables from Disqualified Persons$0$0→ $0
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Payroll Liabilities$11,496
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
No
Other officer compensation reviewed
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section A, Line 2

Board Chair, Cynthia Grayson is the sister of Founding Director, Lawrence Edmond, Jr. Executive Director, Michelle Edmond is the wife of Founding Director Lawrence Edmond Jr. and sister-in-law to Board Chair Cynthia Grayson

Form 990, Part VI, Section B, Line 11B

Upon filing, the 990 submission is reviewed with the Board of Directors and made available upon request.

Form 990, Part VI, Section B, Line 12C

The Conflict of Interest policy is written into our bylaws and a condition of being a board member in good standing.

Form 990, Part VI, Section C, Line 19

Guidestar.org and upon request

Filing and Contact Details

Filer

Filer Name
Jamko Foundation Incorporated
EIN
84-4141628
Phone
8775265654
Address
3630 High Street Unit 19037, Oakland, CA 94619

Signing Officer

Name
Michelle Edmond
Title
Executive Director
Phone
8775265654
Signed
2025-04-10

Organization Details

Principal Officer
Michelle Edmond
Formed
2019
Legal Domicile
CA
Voting Board Members
7
Independent Board Members
0
Employees
0
Volunteers
3
Supplemental Narrative

Additional Explanations

Form 990, Part III, Line 2

Jamko Foundation was awarded a $350,000 Department of Apprenticeship Standards (DAS) planning grant to transform a legacy maritime training program into California's 1st Merchant Maritime Apprenticeship. The DAS apprenticeship will serve Opportunity Youth 18-24 years old. March 2025 the U.S. Department of Labor conferred to Jamko a Merchant Maritime Certified Apprenticeship which serves adults 18+. The planning grant has enabled Jamko to set up its Los Angeles business operations in Harbor City, formalize a collaboration with West Cal Academy pre-apprenticeships (https://www.westcalacademy.com/), and hire a program coordinators in Los Angeles and the SF Bay Area.

Form 990, Part IX, Line 11G

Program Administration $11,611 Program Misc Expenses $9248 Sub-Contractors (maritime training and apprenticeship program consultants) $53075

Form 990, Part IX, Line 24E

Program Curriculum Costs - trainee licensing, trainee coursework

Form 990, Part XI, Line 9

$3500 notes receivable $1923 outstanding checks

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IRS990/ActivityOrMissionDesc0Jamko Foundation, Inc., founded December 2019, is a national 501(c)(3). Jamko works to ignite hope and provide tangible opportunities for people facing poverty and oppression. We partner with vision-aligned agencies + projects that seek to stabilize a person in 5 key areas: Education, Employment, Finances, Housing and Healthy Well-being to help eradicate poverty of mind, body, spirit. At the heart of our vision is the Merchant Mariner Apprenticeship Training Program, opening doors for Opportunity Youth and Adults to gain skills, credentials, and careers in the maritime industry-bridging potential to prosperity.
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IRS990/MissionDesc0Jamko Foundation, Inc., founded December 2019, is a national 501(c)(3). Jamko works to ignite hope and provide tangible opportunities for people facing poverty and oppression. To help eradicate poverty of mind, body, spirit; we partner with vision-aligned agencies + projects that seek to stabilize a person in 5 key areas: Education, Employment, Finances, Housing and Healthy Well-being . At the heart of our vision is the Merchant Mariner Apprenticeship Training Program, opening doors for Opportunity Youth and Adults to gain skills, credentials, and careers in the maritime industry-bridging potential to prosperity.
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IRS990/ProgSrvcAccomActy2Grp/Desc0Peer Level Technical Assistance including: grant research training, program development, fiscal and fiduciary support. We seek to develop relationships with local mission-aligned agencies to increase their capacity and ensure their resiliency. JAMKO focuses on building capacity, strengthening and deploying servant leaders.
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IRS990/ProgSrvcAccomActy3Grp/Desc0Jamko operates a merchant marine training and credentialing program from historic museum ships moored at California ports. Jamko provides skills-based vocational training that aligns with the Onet Occupation for Sailors and Marine Oilers 53-5011.00. The program helps trainees attain the required documents, coursework, physicals and drug tests to acquire a Merchant Mariner Credential and begin work. This opportunity is offered at no cost to trainees, includes wraparound supportive services such as financial literacy and culturally relevant counseling. A person with no high school diploma, no GED and no prior work experience, can complete our 12 week program and begin work as a licensed union Merchant Seafarer with a starting median union wage of $47K, plus benefits, retirement and global travel. Salaries can rise to $100,000+ (USD) in less than 3 years. Strong upward mobility and a shortage of American seafarers means that a young sailor can enjoy a long, prosperous career. Our program helps trainees attain the required documents, coursework, physicals and drug tests to acquire a Merchant Mariner Credential (MMC) and begin work. Our training model addresses key challenges facing youth seeking employment. Those obstacles are training and exposure to high-quality jobs with sustainable wages, benefits, and pathways for advancement. This is especially for youth and adults from underserved and disinvested communities. Merchant Mariners are licensed, union civilians working for private shipping companies or as non-military personnel on government vessels. The newly credentialed sailors choose to work for a government agency or join one of three maritime unions: Seafarer's Int'l Union (SIU), Marine Fireman's (MFOW), or Sailors Union of the Pacific (SUP). Industry demand is high as sea billets (jobs) are understaffed so 100% of our graduates have been going to work as Merchant Seafarers. Jamko seeks to introduce maritime careers and make the training and documentation attainable by paying direct training and documentation costs.
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