Junior Achievement Of Middle Tennessee
- Assets
- $3.2m
- Revenue
- $1.5m
- Investments
- $0.0
- Employees
- 13
- Location
- Nashville, TN
- Founding
- 05/1994
- Data as of
- 06/2022
- EIN
- 62-0582571
Organization Overview
Junior Achievement Of Middle Tennessee is located in Nashville, TN. 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 Middle Tennessee employed 13 individuals. This organization is a subordinate organization within an affiliated group for tax-exemption purposes. Junior Achievement Of Middle Tennessee 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 Middle Tennessee generated $1.5m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 2.9% each year. All expenses for the organization totaled $1.7m during the year ending 06/2022. While expenses have increased by 4.2% per year over the past 7 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
JUNIOR ACHIEVEMENT OF MIDDLE TENNESSEE IS PART OF THE WORLD'S LARGEST ORGANIZATION DEDICATED TO GIVING YOUNG PEOPLE THE KNOWLEDGE AND SKILLS THEY NEED TO OWN THEIR ECONOMIC SUCCESS, PLAN FOR THEIR FUTURE, AND MAKE SMART ACADEMIC AND ECONOMIC CHOICES. OUR FINANCIAL LITERACY, WORK READINESS AND ENTREPRENEURSHIP PROGRAMS EMPOWER STUDENTS TO MAKE A CONNECTION BETWEEN WHAT THEY LEARN IN SCHOOL AND HOW IT CAN BE APPLIED IN THE REAL WORLD. THIS ENHANCES THE RELEVANCE OF THEIR CLASSROOM LEARNING AND INCREASES THEIR UNDERSTANDING OF THE VALUE OF STAYING IN SCHOOL. FOUNDED IN MIDDLE TENNESSEE IN 1957, JUNIOR ACHIEVEMENT NOW OPERATES IN 13 COUNTIES IN THE REGION AND IS PRESENT IN OVER 124 SCHOOLS. THROUGH VOLUNTEER-DRIVEN PROGRAMS, OUR MENTORS ALSO MOTIVATE THE STUDENTS TO BELIEVE "I CAN- AND REALIZE THEIR FULL POTENTIAL.
Describe the Organization's Program Activity:
Part 3 - Line 4a
ECONOMIC EDUCATION PROGRAMS BENEFITTING STUDENTS IN MIDDLE TENNESSEE. THESE CLASSROOM-BASED PROGRAMS FOR KINDERGARTEN THROUGH 12TH GRADE COVER A RANGE OF TOPICS RELATED TO THE FOUNDATIONS OF A LOCAL/GLOBAL ECONOMY, FINANCIAL LITERACY, PERSONAL RESPONSIBILITY AS A COMMUNITY MEMBER, ENTREPRENEURSHIP, AND OVERALL CAREER PREPARATION/READINESS. THESE HIGHLY INTERACTIVE PROGRAMS ARE DELIVERED BY BUSINESS VOLUNTEERS WHO EXPOSE STUDENTS TO A 'REAL-WORLD' PERSPECTIVE AND SERVE AS POSITIVE ROLE MODELS AND MENTORS TO STUDENTS. JA INSPIRE VIRTUAL IS JUNIOR ACHIEVEMENT'S CAPSTONE CAREER DEVELOPMENT PROGRAM FOR 8TH AND 9TH GRADE STUDENTS BROUGHT TO LIFE BY OUR REGION'S EMPLOYERS. USING VIRTUAL TECHNOLOGY, JA INSPIRE 2022 FEATURES AN ONLINE CAREER EVENT FILLED WITH NUMEROUS LOCAL BUSINESS EXHIBITS PROVIDING DOWNLOADABLE CAREER INFORMATION AND EXHIBITOR VIDEOS. JA INSPIRE VIRTUAL IS ADAPTABLE FOR IN-CLASS OR REMOTE LEARNING
JA BIZTOWN IS AN UNMATCHED LEARNING EXPERIENCE WHERE 4TH-6TH GRADE STUDENTS TAKE ON THE ROLE OF EMPLOYEE, TAX PAYER AND CONSUMER IN A SIMULATED CITY. THE HANDS-ON EXPERIENTIAL PROGRAM GIVES STUDENTS A GLIMPSE INTO LIFE AS MEMBERS OF THE COMMUNITY AND HOW EACH INDIVIDUAL CAN CONTRIBUTE TO THEIR COMMUNITY'S OVERALL SUCCESS. JA BIZTOWN OPERATES THROUGHOUT THE SCHOOL YEAR AND ADDITIONALLY PARTNERS WITH SUMMER PROGRAMS.
JA FINANCE PARK IS A PROGRAM DEVELOPED TO EDUCATE AND INSPIRE FINANCIAL INDEPENDENCE. THIS PROGRAM GIVES MIDDLE/HIGH SCHOOL STUDENTS THE SKILLS THEY NEED TO FILL AND CREATE THE CAREERS OF TOMORROW. STUDENTS GAIN AN UNDERSTANDING OF THE RELATIONSHIP BETWEEN FINANCIAL DECISIONS AND THE ABILITY TO SUSTAIN A DESIRED LIFESTYLE.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Trent Klingensmith President | Officer | 40 | $146,870 |
Dave Briggs Past Chairpe | OfficerTrustee | $0 | |
Millie Callaway-Parkes Hr Chair | OfficerTrustee | $0 | |
Mark Cate Government R | OfficerTrustee | $0 | |
Grant Clarke Special Proj | OfficerTrustee | $0 | |
Chris Claybrook Past Chairpe | OfficerTrustee | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $334,967 |
| Related organizations | $0 |
| Government grants | $140,795 |
| All other contributions, gifts, grants, and similar amounts not included above | $853,618 |
| Noncash contributions included in lines 1a–1f | $42,849 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,329,380 |
| Total Program Service Revenue | $165,840 |
| Investment income | $6,374 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $17,874 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $1,528,982 |
| 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. | $170,926 |
| Compensation of current officers, directors, key employees. | $34,185 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $376,632 |
| Pension plan accruals and contributions | $7,624 |
| Other employee benefits | $76,593 |
| Payroll taxes | $41,235 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $8,950 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $3,293 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $192,971 |
| Travel | $2,763 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $420 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $274,595 |
| Insurance | $15,258 |
| All other expenses | $124,688 |
| Total functional expenses | $1,658,814 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,224,166 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $461,343 |
| 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 | $0 |
| Prepaid expenses and deferred charges | $35,276 |
| Net Land, buildings, and equipment | $1,509,818 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $3,230,603 |
| Accounts payable and accrued expenses | $35,831 |
| Grants payable | $0 |
| Deferred revenue | $60,900 |
| 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 | $60,632 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $157,363 |
| Net assets without donor restrictions | $2,297,702 |
| Net assets with donor restrictions | $775,538 |
| 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 | $3,230,603 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Junior Achievement Of Middle Tennessee has recieved totaling $25,000.
| Awarding Organization | Amount |
|---|---|
Ryman Hospitality Properties Foundation Nashville, TN PURPOSE: GRANT FOR SUPPORT OF PROGRAM MISSION FOR YOUTH | $25,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Junior Achievement Of Georgia Inc Atlanta, GA | $25,901,404 | $11,179,246 |
Amazima Ministries International Education And Empowerment For East Franklin, TN | $5,696,478 | $7,457,934 |
Gray Matters Capital Inc Atlanta, GA | $45,313,464 | $11,858,965 |
Junior Achievement Of Greater St Louis Chesterfield, MO | $7,704,304 | $3,436,405 |
Chalmers Center For Economic Development At Covenant College Lookout Mountain, GA | $1,151,964 | $2,299,914 |
But God Ministries Madison, MS | $2,208,401 | $2,582,339 |
Solar Sister Inc Great Falls, VA | $695,942 | $2,413,061 |
Junior Achievement Of Central Carolinas Charlotte, NC | $7,663,953 | $1,959,819 |
Justice And Mercy International Inc Nashville, TN | $1,957,323 | $2,696,538 |
Junior Achievement Of Memphis And The Mid-South Cordova, TN | $5,171,864 | $2,925,302 |
Junior Achievement Of Middle Tennessee Nashville, TN | $3,230,603 | $1,528,982 |
Junior Achievement Of Kentuckiana Inc Louisville, KY | $5,616,461 | $2,292,211 |