Junior Achievement Usa
- Assets
- $21.1m
- Revenue
- $5.2m
- Investments
- $0.0
- Employees
- 25
- Location
- Grand Rapids, MI
- Founding
- 05/1994
- Data as of
- 06/2023
- EIN
- 38-1557861
Organization Overview
Junior Achievement Usa is located in Grand Rapids, MI. 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 06/2023, Junior Achievement USA employed 25 individuals. This organization is a subordinate organization within an affiliated group for tax-exemption purposes. Junior Achievement USA 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 06/2023, Junior Achievement USA generated $5.2m in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 3.3% each year. All expenses for the organization totaled $2.4m during the year ending 06/2023. While expenses have increased by 6.1% per year over the past 8 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
2023
Describe the Organization's Mission:
Part 3 - Line 1
TO PROVIDE BUSINESS EDUCATION TO STUDENTS, GRADES K-21, IN ORDER TO EDUCATE AND INSPIRE STUDENTS TO SUCCEED IN A GLOBAL ECONOMY.
Describe the Organization's Program Activity:
Part 3 - Line 4a
JUNIOR ACHIEVEMENT PROVIDES BUSINESS EDUCATION TO STUDENTS GRADE K-21 IN OUR FRANCHISE AREA. OVER 42,000 STUDENTS ATTEND THESE CLASSES, AND ARE PROVIDED BUSINESS LEADERSHIP TRAINING.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Steve Opper At Large Mem | Trustee | 1 | $0 |
Joyce Chan-Russell At Large Mem | Trustee | 1 | $0 |
Gregg Peters Director | Trustee | 1 | $0 |
Jen Seman At Large Mem | Trustee | 1 | $0 |
James Nicholson Vice Chair | OfficerTrustee | 1 | $0 |
Jeff Harrison Director | Trustee | 1 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Erhardt Construction Construction | 6/29/22 | $1,178,231 |
Junior Achievement Usa Program Srvc | 6/29/22 | $212,409 |
Interphase Interiors Construction | 6/29/22 | $253,444 |
Bluewater Construction | 6/29/22 | $145,518 |
Universal Sign Inc Construction | 6/29/22 | $131,492 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $904,134 |
| Related organizations | $0 |
| Government grants | $1,057,223 |
| All other contributions, gifts, grants, and similar amounts not included above | $3,329,032 |
| Noncash contributions included in lines 1a–1f | $35,163 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $5,290,389 |
| Total Program Service Revenue | $0 |
| Investment income | $54,994 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $37,665 |
| Net Income from Fundraising Events | -$177,175 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $5,223,615 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $3,148 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $453,327 |
| Compensation of current officers, directors, key employees. | $82,424 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $869,553 |
| Pension plan accruals and contributions | $67,346 |
| Other employee benefits | $142,063 |
| Payroll taxes | $100,092 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $25,985 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $27,748 |
| Fees for services: Investment Management | $8,689 |
| Fees for services: Other | $16,888 |
| Advertising and promotion | $0 |
| Office expenses | $30,861 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $72,855 |
| Travel | $24,639 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $12,950 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $142,901 |
| Insurance | $42,220 |
| All other expenses | $30,710 |
| Total functional expenses | $2,414,062 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,889,247 |
| Savings and temporary cash investments | $2,911 |
| Pledges and grants receivable | $2,375,275 |
| 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 | $56,242 |
| Prepaid expenses and deferred charges | $26,609 |
| Net Land, buildings, and equipment | $8,995,974 |
| Investments—publicly traded securities | $7,585,224 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $162,619 |
| Total assets | $21,094,101 |
| Accounts payable and accrued expenses | $186,876 |
| Grants payable | $4,000 |
| 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 | $187,478 |
| Total liabilities | $378,354 |
| Net assets without donor restrictions | $14,138,159 |
| Net assets with donor restrictions | $6,577,588 |
| 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 | $21,094,101 |