Junior Achievement of Central Virginia meets the 20 Standards for Charity Accountability.
Junior Achievement of Central Virginia (JACV) is dedicated to giving young people in Central Virginia 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 program areas include work readiness and entrepreneurship and financial literacy. JACV reports serving more than 17,000 students during the 2021 school year.
For the year ended June 30, 2021, Junior Achievement of Central Virginia's program expenses were:
High school programs |
$907,656 |
Middle school programs |
$195,317 |
Elementary school programs |
$113,253 |
Total Program Expenses: |
$1,216,226 |
-
Chief Executive
Jennifer Boyle, President and Chief Executive Officer
-
Compensation*
$187,431
-
Chair of the Board
Valerie Heinz
-
Chair's Profession / Business Affiliation
Accounting Operations Director, CarMax
-
Board Size
49
-
Paid Staff Size
8
*2020 compensation, as reported by the charity, includes annual salary and, if applicable, benefit plans, expense accounts, and other allowances.
Method(s) Used:
Direct mail appeals, Grant proposals, Internet, Invitations to fund raising events, Planned giving arrangements, Cause- related marketing (affinity credit cards, consumer product sales, etc.)
Fundraising costs were 11% of related contributions. (Related contributions, which totaled $1,075,432, 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 of Central Virginia's audited financial statements for the year ended June 30, 2021.
Source of Funds |
Foundation contributions |
$300,340 |
Corporate contributions |
$241,376 |
Special events |
$204,182 |
Government contributions |
$156,458 |
In-kind contributions |
$107,178 |
Individual contributions |
$63,037 |
Capital campaign |
$2,820 |
Other income |
$41 |
Total Income |
$1,075,432 |
- Programs: 83%
- Administrative: 10%
- Fundraising: 7%
Total Income |
$1,075,432 |
Program expenses |
$1,216,226 |
Fundraising expenses |
$116,247 |
Administrative expenses |
$139,170 |
Other expenses |
$0 |
Total expenses: |
$1,471,643 |
Income in Excess of Expenses |
$-396,211 |
Beginning Net Assets |
$4,197,201 |
Other Changes In Net Assets |
$0 |
Ending Net Assets |
$3,800,990 |
Total Liabilities |
$146,209 |
Total Assets |
$3,947,199 |
Note: According to JAVA’s audited financial statements for the year ended June 30, 2021, the organization received in-kind contributions of $107,178 in media services and rent.