Junior Achievement Of Eastern Iowa
- Assets
- $4.2m
- Revenue
- $3.0m
- Investments
- $0.0
- Employees
- 20
- Location
- Cedar Rapids, IA
- Founding
- 05/1994
- Data as of
- 06/2023
- EIN
- 42-0919209
Organization Overview
Junior Achievement Of Eastern Iowa is located in Cedar Rapids, IA. The organization was established in 1994. According to its NTEE Classification (O53) the organization is classified as: Youth Development - Business, under the broad grouping of Youth Development and related organizations. As of 06/2023, Junior Achievement Of Eastern Iowa employed 20 individuals. This organization is a subordinate organization within an affiliated group for tax-exemption purposes. Junior Achievement Of Eastern Iowa 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 Of Eastern Iowa generated $3.0m in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 9.7% each year. All expenses for the organization totaled $1.9m during the year ending 06/2023. While expenses have increased by 5.4% 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 INSPIRE AND PREPARE YOUNG PEOPLE TO SUCCEED IN A GLOBAL ECONOMY.
Describe the Organization's Program Activity:
Part 3 - Line 4a
ELEMENTARY SCHOOL: JA'S ELEMENTARY SCHOOL PROGRAMS (GRADES KINDERGARTEN THROUGH FIFTH,) ARE THE FOUNDATION OF ITS K-12 CURRICULA. SIX SEQUENTIAL THEMES, EACH WITH FIVE HANDS-ON ACTIVITIES, AS WELL AS AN AFTER-SCHOOL AND CAPSTONE EXPERIENCE, WORK TO CHANGE STUDENTS' LIVES BY HELPING THEM UNDERSTAND BUSINESS AND ECONOMICS. JUNIOR ACHIEVEMENT OF EASTERN IOWA SERVED APPROXIMATELY 25,200 ELEMENTARY STUDENTS IN 1,100 EXPERIENCES AT A TOTAL COST OF $1,274,050. OF THESE EXPENSES, $295,928 IS NOT INCLUDED IN THE FORM 990 AS IT IS THE VALUE OF THE 9,050 HOURS PROVIDED BY OUR BUSINESS VOLUNTEERS. IF IT WERE NOT FOR OUR DEDICATED VOLUNTEERS, JUNIOR ACHIEVEMENT OF EASTERN IOWA WOULD NEED TO PAY FOR THESE SERVICES.
MIDDLE SCHOOL: THE MIDDLE SCHOOL PROGRAMS, GRADES SIXTH THROUGH EIGHTH, BUILD ON CONCEPTS THE STUDENTS LEARNED IN JUNIOR ACHIEVEMENT'S ELEMENTARY SCHOOL PROGRAM AND HELP TEENS MAKE DIFFICULT DECISIONS ABOUT HOW TO BEST PREPARE FOR THEIR EDUCATIONAL AND PROFESSIONAL FUTURE. THE PROGRAMS SUPPLEMENT STANDARD SOCIAL STUDIES CURRICULA AND DEVELOP COMMUNICATION SKILLS THAT ARE ESSENTIAL TO SUCCESS IN THE BUSINESS WORLD. JUNIOR ACHIEVEMENT OF EASTERN IOWA SERVED APPROXIMATELY 11,500 MIDDLE SCHOOL STUDENTS IN 400 EXPERIENCES AT A TOTAL COST OF $551,065. OF THESE EXPENSES, $104,045 IS NOT INCLUDED IN THE FORM 990 AS IT IS THE VALUE OF THE 3,528 HOURS PROVIDED BY OUR BUSINESS VOLUNTEERS. IF IT WERE NOT FOR OUR DEDICATED VOLUNTEERS, JUNIOR ACHIEVEMENT OF EASTERN IOWA WOULD NEED TO PAY FOR THESE SERVICES.
HIGH SCHOOL: AS HIGH SCHOOL STUDENTS, GRADES NINTH THROUGH TWELFTH, BEGIN TO POSITION THEMSELVES FOR THEIR FUTURE, THERE ARE MANY UNANSWERED QUESTIONS ABOUT WHAT LIES AHEAD. JUNIOR ACHIEVEMENT'S HIGH SCHOOL PROGRAMS HELP STUDENTS MAKE INFORMED, INTELLIGENT DECISIONS ABOUT THEIR FUTURE, AND FOSTER SKILLS THAT WILL BE HIGHLY USEFUL IN THE BUSINESS WORLD. JUNIOR ACHIEVEMENT OF EASTERN IOWA SERVED APPROXIMATELY 2,500 HIGH SCHOOL STUDENTS IN 120 EXPERIENCES AT A TOTAL COST OF $244,409. OF THESE EXPENSES, $147,023 IS NOT INCLUDED IN THE FORM 990 AS IT IS THE VALUE OF THE 5,234 HOURS PROVIDED BY OUR BUSINESS VOLUNTEERS. IF IT WERE NOT FOR OUR DEDICATED VOLUNTEERS, JUNIOR ACHIEVEMENT OF EASTERN IOWA WOULD NEED TO PAY FOR THESE SERVICES.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Melissa Winter Chair | OfficerTrustee | 1 | $0 |
Troy Smith Vice Chair | OfficerTrustee | 1 | $0 |
Jim Moore Treasurer | OfficerTrustee | 1 | $0 |
John Heinemann Secretary | OfficerTrustee | 1 | $0 |
Kyle Kunz Investment Chair | Trustee | 1 | $0 |
Dr Doug Wheeler Chief Academic Officer | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $457,801 |
| Related organizations | $0 |
| Government grants | $182,347 |
| All other contributions, gifts, grants, and similar amounts not included above | $2,302,565 |
| Noncash contributions included in lines 1a–1f | $8,727 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $2,942,713 |
| Total Program Service Revenue | $9,000 |
| Investment income | $0 |
| Tax Exempt Bond Proceeds | $84,497 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | -$237 |
| Net Income from Fundraising Events | -$92,559 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $2,955,693 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| 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. | $467,975 |
| Compensation of current officers, directors, key employees. | $23,399 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $718,690 |
| Pension plan accruals and contributions | $31,140 |
| Other employee benefits | $5,628 |
| Payroll taxes | $82,388 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $18,115 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $3,433 |
| Advertising and promotion | $11,166 |
| Office expenses | $86,298 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $41,008 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $14,850 |
| Payments to affiliates | $137,137 |
| Depreciation, depletion, and amortization | $32,630 |
| Insurance | $17,435 |
| All other expenses | $186 |
| Total functional expenses | $1,948,051 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $1,399,898 |
| Pledges and grants receivable | $809,106 |
| 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 | $6,469 |
| Prepaid expenses and deferred charges | $14,362 |
| Net Land, buildings, and equipment | $138,416 |
| Investments—publicly traded securities | $1,865,729 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $1,766 |
| Total assets | $4,235,746 |
| Accounts payable and accrued expenses | $128,742 |
| 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 | $49,775 |
| Other liabilities | $500,000 |
| Total liabilities | $678,517 |
| Net assets without donor restrictions | $2,548,686 |
| Net assets with donor restrictions | $1,008,543 |
| 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 | $4,235,746 |