Junior Achievement Of East Tennessee is located in Clinton, 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 East Tennessee employed 13 individuals. This organization is a subordinate organization within an affiliated group for tax-exemption purposes. Junior Achievement Of East 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 East Tennessee generated $3.2m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 6.6% each year. All expenses for the organization totaled $961.0k during the year ending 06/2022. While expenses have increased by 1.9% 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
TO INSPIRE AND PREPARE YOUNG PEOPLE TO SUCCEED IN A GLOBAL ECONOMY
Describe the Organization's Program Activity:
Part 3 - Line 4a
ELEMENTARY: INTRODUCE YOUTH TO ECONOMIC REALITIES AND FAMILY-RELATED RESOURCES. INSTILL A SENSE OF RESPONSIBILITY FOR ECONOMIC CONDITIONS INTO YOUTH AND GIVE THEM A FOUNDATION ON WHICH TO BUILD.
MIDDLE SCHOOL: FOCUS ON CAREER CHOICES AND THE NECESSITY OF EDUCATION AND FINANCIAL PLANNING. INTRODUCE MANY BUSINESS CONCEPTS, PERSONAL INTEREST EXERCISES, SKILLS EVALUATIONS, ETC.
HIGH SCHOOL: FOCUS ON CAREER DEVELOPMENT, PROBLEM SOLVING TECHNIQUES, AND WORKPLACE EFFECTIVENESS. DEVELOP INTERPERSONAL AND COMMUNICATION SKILLS AND CHALLENGE STUDENTS TO GET INVOLVED BY BECOMING LEADERS IN THEIR COMMUNITIES.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Shannon Harper Advisory Council | Trustee | 1 | $0 |
Lisa Rottmann Advisory Council | Trustee | 1 | $0 |
Anne Rochester Advisory Council | Trustee | 1 | $0 |
Peter Ullrich Advisory Council | Trustee | 1 | $0 |
Christa Early Rice Advisory Council | Trustee | 1 | $0 |
Callie Archer Executive Committee | Trustee | 1 | $0 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $0 |
Fundraising events | $0 |
Related organizations | $0 |
Government grants | $21,949 |
All other contributions, gifts, grants, and similar amounts not included above | $2,819,048 |
Noncash contributions included in lines 1a–1f | $22,503 |
Total Revenue from Contributions, Gifts, Grants & Similar | $2,840,997 |
Total Program Service Revenue | $200,137 |
Investment income | $4 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $9,400 |
Net Gain/Loss on Asset Sales | $0 |
Net Income from Fundraising Events | $125,864 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $0 |
Miscellaneous Revenue | $0 |
Total Revenue | $3,176,402 |
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. | $94,667 |
Compensation of current officers, directors, key employees. | $0 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $297,260 |
Pension plan accruals and contributions | $0 |
Other employee benefits | $33,211 |
Payroll taxes | $31,644 |
Fees for services: Management | $0 |
Fees for services: Legal | $0 |
Fees for services: Accounting | $14,850 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $2,893 |
Advertising and promotion | $6,619 |
Office expenses | $0 |
Information technology | $0 |
Royalties | $0 |
Occupancy | $108,136 |
Travel | $4,545 |
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 | $127,122 |
Insurance | $22,286 |
All other expenses | $14,054 |
Total functional expenses | $960,962 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $279,222 |
Savings and temporary cash investments | $2,168,447 |
Pledges and grants receivable | $220,820 |
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 | $3,588 |
Prepaid expenses and deferred charges | $670 |
Net Land, buildings, and equipment | $2,712,112 |
Investments—publicly traded securities | $0 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $0 |
Total assets | $5,384,859 |
Accounts payable and accrued expenses | $14,889 |
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 | $26,000 |
Unsecured mortgages and notes payable | $56,882 |
Other liabilities | $0 |
Total liabilities | $97,771 |
Net assets without donor restrictions | $2,908,411 |
Net assets with donor restrictions | $2,378,677 |
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 | $5,384,859 |