Charity Report

  • Issued: October 2016
  • Expires: October 2018

Junior Achievement of Chicago

Standards Not Met

651 W. Washington Blvd. Suite #404
Chicago, IL 60661

http://www.jachicago.org/

651 W. Washington Blvd. Suite #404
Chicago, IL 60661

http://www.jachicago.org/

Standards Not Met

<p><span>This organization does not meet one or more of the 20 Standards for Charity Accountability. Click the conclusions section below for more information.</span></p>

Standards For Charity Accountability

Governance

Measuring Effectiveness

Finances

Fundraising & Info

Conclusion

Junior Achievement of Chicago meets the remaining 0 Standards for Charity Accountability.

Purpose

  • Year, State Incorporated

    1940, IL

  • Stated Purpose

    Junior Achievement inspires and prepares young people to succeed in a global economy.


Programs

Junior Achievement is 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. In partnership with businesses and educators, JA brings the real world to students, opening their minds to their potential. Their corporate and community volunteers deliver relevant, hands-on experiences that give students from kindergarten through high school knowledge and skills in financial literacy, work readiness and entrepreneurship. JA programs empower students to make a connection between what they learn in school and how it can be applied in the real world – enhancing the relevance of their classroom learning and increasing their understanding of the value of staying in school.Throughout JA's sequential and integrated kindergarten through high school programs, students think critically and solve complex problems. Through their business, financial, and entrepreneurial educational programs, we prepare students to:• Proactively manage their finances;• Become entrepreneurs; and• Develop skills that will be recognized and valued in a global workforce.During the 2015-2016 school year, JA of Chicago successfully reached 554,742 students of all ages, races, ethnic backgrounds and physical capabilities, including at-risk youth in twelve Chicago-area and northwestern Indiana counties.This represents an 3% outreach growth over the previous school year. The growth has largely been supported by the Whole School Program, which JA of Chicago pioneered in the early 1990’s. This unique approach allows JA to work directly with organizations to “adopt” a partner school in the community where they do business. Every student at a chosen school benefits from JA’s programs, while corporate and community volunteers have the opportunity to develop personal relationship with the students and teachers they work with. Due in part to the success of the Whole School Partnership program, JA of Chicago has become the largest JA Area Office, reaching nearly twice as students annually than any other JA office in the United States (554,742) focusing substantial resources on at-risk students (68%), and maintaining our low cost per student at $12.06 per student last year.

For the year ended June 30, 2016, Junior Achievement of Chicago program expenses were:

Program Expenses $5,238,472

Governance & Staff

  • CEO

    Sandy Daffe', President

  • Compensation*

    $603,346.00

  • Board Chair

    Thomas E. Richards

  • Chair's Profession / Business Affiliation

    Chairman and CEO, CDW Corporation

  • Board Size

    120

  • Paid Staff Size

    73

Fundraising

Fundraising costs were 7% of related contributions. (Related contributions, which totaled $7,143,266, are donations received as a result of fundraising activities.)

Tax Status

This organization is tax-exempt under section 501(c)(3) of the Internal Revenue Code. It is eligible to receive contributions deductible as charitable donations for federal income tax purposes.


Financial

The following information is based on Junior Achievement of Chicago's Audited financial statements for the fiscal year ending June 30, 2016

Breakdown of Expenses

Total Income $6,794,247
Total Expenses: $6,687,419
Program Expenses $5,238,472
Fundraising Expenses $526,369
Administrative Expenses $881,607
Other Expenses $40,971
Income in Excess of Expenses $106,828
Beginning Net Assets $14,499,056
Other Changes In Net Assets $2,951,849
Ending Net Assets $17,557,733
Total Liabilities $1,046,041
Total Assets $18,603,774

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