Junior Achievement Of Chicago is located in Chicago, IL. The organization was established in 1994. According to its NTEE Classification (Q32) the organization is classified as: International Economic Development, under the broad grouping of International, Foreign Affairs & National Security and related organizations. As of 06/2022, Junior Achievement Of Chicago employed 39 individuals. This organization is a subordinate organization within an affiliated group for tax-exemption purposes. Junior Achievement Of Chicago 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 06/2022, Junior Achievement Of Chicago generated $5.5m in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (7.9%) each year. All expenses for the organization totaled $4.3m during the year ending 06/2022. As we would expect to see with falling revenues, expenses have declined by (6.3%) per year over the past 7 years. 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
TO INSPIRE AND PREPARE YOUNG PEOPLE TO SUCCEED IN A GLOBAL ECONOMY.
Describe the Organization's Program Activity:
Part 3 - Line 4a
JUNIOR ACHIEVEMENT EDUCATES STUDENTS, FROM KINDERGARTEN THROUGH 12TH GRADE, ABOUT WORKFORCE READINESS, ENTREPRENEURSHIP AND FINANCIAL LITERACY THROUGH EXPERIENTIAL, HANDS-ON PROGRAMS. JUNIOR ACHIEVEMENT PROGRAMS HELP PREPARE YOUNG PEOPLE FOR THE REAL WORLD BY SHOWING THEM HOW TO GENERATE WEALTH AND EFFECTIVELY MANAGE IT, HOW TO CREATE JOBS WHICH MAKE THEIR COMMUNITIES MORE ROBUST, AND HOW TO APPLY ENTREPRENEURIAL THINKING TO THE WORKPLACE. STUDENTS PUT THESE LESSONS INTO ACTION AND LEARN THE VALUE OF CONTRIBUTING TO THEIR COMMUNITIES. IN THE 2021-2022 SCHOOL YEAR, JUNIOR ACHIEVEMENT OF CHICAGO SERVED 229,599 STUDENTS IN 11,832 CLASSROOMS THROUGHOUT THE CHICAGOLAND AREA.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Thomas Staab President & CEO | OfficerTrustee | 37.5 | $370,725 |
Maria Ramos Senior VP Of Education & Operations | Officer | 37.5 | $184,891 |
Derek Ernst VP Of Development | 37.5 | $163,562 | |
Terrance D Guthrie VP Of Finance And Admin | 37.5 | $152,533 | |
Paul Green Treasurer | OfficerTrustee | 1 | $0 |
Michael Froy Secretary | OfficerTrustee | 1 | $0 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $0 |
Fundraising events | $1,598,502 |
Related organizations | $0 |
Government grants | $0 |
All other contributions, gifts, grants, and similar amounts not included above | $3,092,658 |
Noncash contributions included in lines 1a–1f | $0 |
Total Revenue from Contributions, Gifts, Grants & Similar | $4,691,160 |
Total Program Service Revenue | $0 |
Investment income | $383,327 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $0 |
Net Gain/Loss on Asset Sales | $520,110 |
Net Income from Fundraising Events | -$58,079 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $0 |
Miscellaneous Revenue | $0 |
Total Revenue | $5,536,701 |
Statement of Expenses | |
---|---|
Grants and other assistance to domestic organizations and domestic governments. | $0 |
Grants and other assistance to domestic individuals. | $11,000 |
Grants and other assistance to Foreign Orgs/Individuals | $0 |
Benefits paid to or for members | $0 |
Compensation of current officers, directors, key employees. | $955,750 |
Compensation of current officers, directors, key employees. | $268,641 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $1,345,499 |
Pension plan accruals and contributions | $80,359 |
Other employee benefits | $202,832 |
Payroll taxes | $151,107 |
Fees for services: Management | $0 |
Fees for services: Legal | $0 |
Fees for services: Accounting | $41,409 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $105,065 |
Fees for services: Other | $98,046 |
Advertising and promotion | $4,346 |
Office expenses | $48,436 |
Information technology | $73,374 |
Royalties | $0 |
Occupancy | $203,205 |
Travel | $39,384 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $12,648 |
Interest | $0 |
Payments to affiliates | $437,175 |
Depreciation, depletion, and amortization | $35,912 |
Insurance | $133,986 |
All other expenses | $26,720 |
Total functional expenses | $4,267,320 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $77,710 |
Savings and temporary cash investments | $3,684,822 |
Pledges and grants receivable | $129,000 |
Accounts receivable, net | $0 |
Loans from Officers, Directors, or Controlling Persons | $0 |
Loans from Disqualified Persons | $0 |
Notes and loans receivable | $0 |
Inventories for sale or use | $228,895 |
Prepaid expenses and deferred charges | $56,891 |
Net Land, buildings, and equipment | $84,250 |
Investments—publicly traded securities | $19,847,663 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $308,408 |
Total assets | $24,417,639 |
Accounts payable and accrued expenses | $440,886 |
Grants payable | $22,221 |
Deferred revenue | $397,175 |
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 | $308,408 |
Total liabilities | $1,168,690 |
Net assets without donor restrictions | $23,069,938 |
Net assets with donor restrictions | $179,011 |
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 | $0 |
Total liabilities and net assets/fund balances | $24,417,639 |
Over the last fiscal year, we have identified 58 grants that Junior Achievement Of Chicago has recieved totaling $1,356,520.
Awarding Organization | Amount |
---|---|
Illinois Tool Works Foundation Glenview, IL PURPOSE: UNRESTRICTED - GENERAL USE | $192,500 |
Robert R Mccormick Foundation Chicago, IL PURPOSE: JROTC HIGH SCHOOL HEROES & DIGITAL PROGRAMMING | $125,000 |
The Blackbaud Giving Fund Charleston, SC PURPOSE: GENERAL SUPPORT | $98,682 |
The Blackbaud Giving Fund Charleston, SC PURPOSE: GENERAL SUPPORT | $98,682 |
Hobson Lucas Family Foundation San Rafael, CA PURPOSE: GENERAL DONATION | $50,000 |
Abbott Fund Abbott Park, IL PURPOSE: JA DIGITAL PROGRAMMING | $50,000 |
Beg. Balance | $21,426,042 |
Earnings | -$2,647,764 |
Net Contributions | $450,000 |
Grants | $11,000 |
Ending Balance | $19,217,278 |
Organization Name | Assets | Revenue |
---|---|---|
Western Nis Enterprises Fund Chicago, IL | $84,059,720 | $4,246,374 |
Junior Achievement Of Northern Indiana Fort Wayne, IN | $7,556,619 | $6,668,651 |
Junior Achievement Of Chicago Chicago, IL | $24,417,639 | $5,536,701 |
Junior Achievement Of Wisconsin Inc Milwaukee, WI | $25,670,610 | $3,770,604 |
Junior Achievement Of Greater St Louis Chesterfield, MO | $7,704,304 | $3,436,405 |
Junior Achievement Of Central Indiana Indianapolis, IN | $5,835,841 | $2,240,758 |
Marketplace-Handwork Of India Evanston, IL | $2,563,812 | $2,631,132 |
Junior Achievement Of Kentuckiana Inc Louisville, KY | $5,616,461 | $2,292,211 |
Junior Achievement Of The Heartland Moline, IL | $1,846,335 | $1,996,940 |
Social Promise Inc Greencastle, IN | $1,790,327 | $2,361,095 |
Junior Achievement Of Central Iowa Inc Des Moines, IA | $3,628,464 | $1,407,118 |
Mexico Mennonite Aid Nappanee, IN | $2,423,507 | $1,457,665 |