Jandernoa Entrepreneurial Mentoring
- Assets
- $183.5k
- Revenue
- $230.5k
- Investments
- $0.0
- Employees
- 0
- Location
- Grand Rapids, MI
- Founding
- 01/2011
- Data as of
- 12/2022
- EIN
- 27-3333328
Organization Overview
Jandernoa Entrepreneurial Mentoring is located in Grand Rapids, MI. The organization was established in 2011. According to its NTEE Classification (B99) the organization is classified as: Education N.E.C., under the broad grouping of Education and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Jandernoa Entrepreneurial Mentoring is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2022, Jandernoa Entrepreneurial Mentoring generated $230.5k in total revenue. This represents relatively stable growth, over the past 4 years the organization has increased revenue by an average of 4.3% each year. All expenses for the organization totaled $223.2k during the year ending 12/2022. While expenses have increased by 6.3% per year over the past 4 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
DELIVERING QUALITY MENTORING TO STRENGTHEN AND ENHANCE WEST MICHIGAN'S BUSINESS LEADERS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
RECRUITING, EVALUATION AND CONSULTING OF MENTEES. THE MENTEES CONSIST OF WEST MICHIGAN BUSINESS LEADERS WHO ARE CEOS, PRESIDENTS OR DETERMINED DECISION MAKERS OF BUSINESSES. DURING 2022, THE JEM PROGRAM ACCEPTED TEN ADDITIONAL MENTEES TO THE PROGRAM, BRINGING THE TOTAL MENTEES TO THIRTY AS OF 12/31/22. THE 2022 RECRUITING CYCLE INCLUDED RECEIPT OF TEN APPLICATIONS OF WHICH, OF THOSE, NINE WERE INTERVIEWED, LEADING TO THE ACCEPTANCE OF THE TEN 2022 MENTEES. THE PROGRAM, IN TOTAL, INCLUDES TWENTY-FOUR MEN AND SIX WOMEN. THE PROGRAM REQUIRES A THREE-YEAR COMMITMENT FROM ALL MENTEES THAT INCLUDES MONTHLY MEETINGS WITH THEIR MENTOR AND ATTENDANCE AT VARIOUS EDUCATIONAL SEMINARS THROUGHOUT THE YEAR. APPROXIMATELY 70% OF THE OPERATING AND STAFF COSTS ASSOCIATED WITH PROGRAM SERVICE ACTIVITIES WERE ALLOCATED TO ACCEPTING, MATCHING, EDUCATING AND BEING A RESOURCE TO THE INDIVIDUAL MENTEES.
RECRUITING AND EVALUATION OF QUALIFIED WEST MICHIGAN BUSINESS LEADERS TO SERVE AS MENTORS. THE PROGRAM SPONSORS EDUCATIONAL EVENTS FOR MENTORS IN VARIOUS BUSINESS CATEGORIES AND ALSO PROVIDES FOR PEER MENTOR GROUP SESSIONS THAT ASSIST A MENTOR IN AIDING A MENTEE. THE TOTAL NUMBER OF MENTORS IN THE PROGRAM AS OF 12/31/22 WAS FIFTY; FORTY-FIVE MEN AND FIVE WOMEN. IN ADDITION TO OTHER ANNUAL EDUCATIONAL EVENTS, THE MENTORS EACH PARTICIPATE IN A TRAINING AND BEST PRACTICES SEMINAR ONCE A YEAR IN OCTOBER. APPROXIMATELY 20% OF THE OPERATING AND STAFF COSTS ASSOCIATED WITH PROGRAM SERVICE ACTIVITIES WERE CONTRIBUTED TO ACCEPTING, MATCHING AND EDUCATING MENTORS.
WITH JEM'S TENTH YEAR OF "GRADUATED MENTEES" (INDIVIDUALS WHO HAVE BEEN WORKING WITH A MENTOR MONTHLY FOR THREE YEARS), THE ALUMNI PROGRAM FOR THOSE WHO STILL WANT TO STAY INVOLVED, GREW FROM SEVENTY SEVEN PEOPLE TO EIGHTY SEVEN. THESE GRADUATED MENTEES (JEM AMBASSADOR GROUP - JAG) WILL NO LONGER BE MONITORED ON THEIR MONTHLY MEETINGS WITH THEIR MENTOR. FOR A $900 FEE, THEY CAN STILL PARTICIPATE IN EDUCATIONAL MEETINGS AND USE OTHER RESOURCES OF JEM (EXAMPLE: MEETING WITH A FEW MENTORS ON A NEEDED BASIS). OUR JAG STEERING COMMITTEE HELPS BUILD THAT PROGRAM AND BRING NEW IDEAS TO THE JEM BOARD ON IMPROVING THE EXISTING JEM PROGRAM.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Brandon Eisentrager Exec. Director | Officer | 40 | $112,060 |
Michael Jandernoa President | OfficerTrustee | 1 | $0 |
Robert Herr Treasurer | OfficerTrustee | 1 | $0 |
Paul Boyer Director | Trustee | 1 | $0 |
Russ Visner Director | Trustee | 1 | $0 |
Charlie Ferro Director | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $57,450 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $57,450 |
| Total Program Service Revenue | $173,045 |
| Investment income | $32 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $230,527 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $500 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $121,106 |
| Compensation of current officers, directors, key employees. | $30,276 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $2,071 |
| Payroll taxes | $8,255 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $750 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $1,003 |
| Office expenses | $12,581 |
| Information technology | $708 |
| Royalties | $0 |
| Occupancy | $7,596 |
| Travel | $2,190 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $1,752 |
| All other expenses | $0 |
| Total functional expenses | $223,233 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $171,164 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $12,350 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $183,514 |
| Accounts payable and accrued expenses | $30,738 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $30,738 |
| Net assets without donor restrictions | $0 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $152,776 |
| Total liabilities and net assets/fund balances | $183,514 |