Junior Achievement USA meets the 20 Standards for Charity Accountability.
Junior Achievement USA (JAUSA) reports that it is dedicated to giving young people the knowledge and skills they need to own their economic success, plan for their futures, and make smart academic and economic choices. The organization's programs - in the core content areas of work readiness, entrepreneurship and financial literacy - aim for young people to experience and realize the opportunities and realities of work and life in the 21st century. JAUSA programs are taught by volunteers in inner cities, suburbs, and rural areas throughout the United States, by 103 area offices serving all 50 states. The organization's 29,734 volunteers come from all walks of life, including: business people, college students, parents and retirees.
For the year ended June 30, 2021, Junior Achievement USA's program expenses were:
Field services |
$10,691,676 |
Research and development |
$4,650,978 |
Communications and marketing |
$1,580,666 |
Human resources |
$635,787 |
Total Program Expenses: |
$17,559,107 |
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Chief Executive
Jack E. Kosakowski, President and Chief Executive Officer
-
Compensation*
$573,938
-
Chair of the Board
James Carroll
-
Chair's Profession / Business Affiliation
Senior Vice President, Global Government Relations, Honeywell International
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Board Size
34
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Paid Staff Size
65
*2019 compensation includes annual salary and, if applicable, benefit plans, expense accounts, and other allowances.
Method(s) Used:
Grant proposals, Internet, Membership appeals, Planned giving arrangements, Print advertisements (newspapers, magazines, etc.), Cause- related marketing (affinity credit cards, consumer product sales, etc.)
Fundraising costs were 30% of related contributions. (Related contributions, which totaled $7,766,671, are donations received as a result of fundraising activities.)
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.
The following information is based on Junior Achievement USA's audited financial statements - consolidated for the year ended June 30, 2021.
Source of Funds |
Program and support fees |
$11,848,186 |
Contributions |
$6,305,423 |
Investment return, net |
$2,911,658 |
In-kind contributions |
$1,461,248 |
Other income |
$606,227 |
Material sales |
$477,467 |
Total Income |
$23,610,209 |
- Programs: 80%
- Fundraising: 10%
- Administrative: 10%
Total Income |
$23,610,209 |
Program expenses |
$17,559,107 |
Fundraising expenses |
$2,318,155 |
Administrative expenses |
$2,218,620 |
Other expenses |
$0 |
Total expenses: |
$22,095,882 |
Income in Excess of Expenses |
$1,514,327 |
Beginning Net Assets |
$26,156,280 |
Other Changes In Net Assets |
$0 |
Ending Net Assets |
$27,670,607 |
Total Liabilities |
$5,646,102 |
Total Assets |
$33,316,709 |
Note: According to JAUSA's audited financial statements - consolidated - for the year ended June 30, 2021, the organization received in-kind contrubutions totaling $1,461,248 in the form of user platform and program services ($1,342,354), program implementation ($83,894), and human resources services ($35,000).