Skip to content
Nonprofiteer
← JUNIOR ACHIEVEMENT OF CENTRAL FLORIDA FOUNDATION INC

Form 990 for tax year 2022

Filed by JUNIOR ACHIEVEMENT OF CENTRAL FLORIDA FOUNDATION INC.

Totals

Total revenue
$46,114
Total expenses
$75,452
Contributions and grants received
$0
Grants paid
$65,000
Program service revenue
$0
Investment income
$46,114
Other revenue
$0
Total assets, end of year
$1,327,898
Total liabilities, end of year
$0
Net assets or fund balances, end of year
$1,327,898
Program services expenses (Part IX)
$65,000
Management and general expenses
$10,452
Fundraising expenses
$0
Program service expenses (Part III)
$65,000

Program services were 86.1% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.

Line items

Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.

Revenue

Part VIII, the statement of revenue.

  • 3 · Investment income

    total $46,114 · excluded $46,114

Functional expenses

Part IX, the statement of functional expenses.

  • 1 · Grants to domestic organizations and governments

    total $65,000 · program services $65,000

  • 11f · Fees: investment management

    total $10,452 · management and general $10,452

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $6,406 · end of year $13,437

  • 11 · Investments: publicly traded securities

    beginning of year $1,272,362 · end of year $1,314,461

  • 27 · Net assets without donor restrictions

    beginning of year $256,214 · end of year $312,630

  • 28 · Net assets with donor restrictions

    beginning of year $1,022,554 · end of year $1,015,268

Mission and programs · 2022

Mission

RAISES/MAINTAINS FUNDS FOR JACF WHICH PROVIDES EDUCATIONAL PROGRAMMING FOUNDED ON FREE ENTERPRISE & FOCUSES ON FINANCIAL LITERACY, WORK READINESS & ENTREPRENEURSHIP FOR STUDENTS KINDERGARTEN - 12TH IN CENTRAL FLORIDA.

Activities or mission (Part I)

RAISES/MAINTAINS FUNDS FOR JACF, WHICH PROVIDES K-12 ED. PROGRAMMING FOUNDED ON FREE ENTERPRISE.

  • JUNIOR ACHIEVEMENT IS COMMITTED TO IMPROVING THE LIVES OF STUDENTS, THEIR FAMILIES AND OUR COMMUNITY; ENVISIONING A WORLD IN WHICH YOUNG PEOPLE HAVE THE SKILLSET AND MINDSET TO BUILD THRIVING COMMUNITIES BY PROVIDING EDUCATIONAL PROGRAMMING FOCUSED ON FINANCIAL LITERACY, WORK READINESS AND ENTREPRENEURSHIP FOR STUDENTS IN ORANGE, OSCEOLA, VOLUSIA AND SEMINOLE COUNTIES. WITHIN THESE COUNTIES, JUNIOR ACHIEVEMENT OF CENTRAL FLORIDA WORKS WITH AN INTENTIONAL FOCUS ON TITLE I SCHOOLS. TITLE I SCHOOLS SERVE A HIGH PERCENTAGE OF STUDENTS FROM LOW-INCOME FAMILIES WHO ARE STRUGGLING TO MAKE ACADEMIC PROGRESS. THE MINORITY POPULAR IS TYPICALLY HIGHER IN TITLE I SCHOOLS AND INCLUDE MIGRANT FAMILY STUDENTS, STUDENTS WITH LIMITED ENGLISH PROFICIENCY, HOMELESS STUDENTS, AND AT-RISK STUDENTS STRUGGLING WITH THE NEGATIVE AND GENERATIONAL EFFECTS OF POVERTY.JUNIOR ACHIEVEMENT OF CENTRAL FLORIDA HAS SERVED MORE THAN 2,000,000 STUDENTS SINCE ITS INCEPTION. DURING THE 2022-2023 SCHOOL YEAR, JA SUCCESSFULLY PROVIDED MORE THAN 104,000 CENTRAL FLORIDA STUDENTS WITH NEARLY A MILLION HOURS OF INSTRUCTION DESIGNED TO INFLUENCE THEIR CAREER READINESS, ENTREPRENEURIAL MINDSET, AND THEIR FINANCIAL CAPABILITY OVER TIME. NOTABLE PROGRAM OUTCOMES FROM THIS PAST YEAR INCLUDE: OVER 340,000 HOURS OF CLASSROOM INSTRUCTION TO 24,000 8TH GRADERS AND GRADUATING SENIORS THROUGH THE JA FINANCE PARK VIRTUAL PROGRAM. THIS 25-HOUR PROGRAM HELPS STUDENTS BECOME FINANCIALLY CAPABLE AS THEY EMBARK ON THE REAL WORLD OF RESPONSIBILITIES THAT AWAIT THEM AFTER GRADUATION. THROUGH A NEW DIGITAL FORMAT, TEACHERS CAN NOW DELIVER EVERY LESSON FOR STUDENTS LEARNING IN CLASS OR DIRECTLY FROM HOME AT THE SAME TIME. JACF WORKS WITH SCHOOL DISTRICT LEADERS, CLASSROOM TEACHERS AND BUSINESS PARTNERS TO ENSURE THAT ALL STUDENTS CAN BENEFIT FROM JA FINANCE PARK VIRTUAL AND ITS JA FPV STUDENT SIMULATION. USING AN AVATAR WITH AN ASSIGNED LIFE SCENARIO, STUDENTS APPLY THEIR NEW KNOWLEDGE AND USE THE JA FPV SIMULATION TO BUDGET FOR VARIOUS LIFE STAGES, SO THEY CAN IDENTIFY THEIR CHANGING NEEDS AND WANTS THROUGH RETIREMENT. PARTICIPATION OF OVER 7,000 MIDDLE SCHOOL STUDENTS IN AN INNOVATIVE, CAREER EXPLORATION LEARNING EXPERIENCE, REDESIGNED FOR THE REMOTE LEARNING ENVIRONMENT (JA INSPIRE, SEE ACCOMPLISHMENT 3 BELOW).ENROLLMENT OF 954 STUDENTS IN THE 3DE PROGRAM ACROSS OAK RIDGE, OCOEE, AND OSCEOLA HIGH SCHOOLS. THESE STUDENTS WERE PARTNERED WITH 150 BUSINESS PROFESSIONALS TO DEVELOP SKILLS IN COMMUNICATION, COLLABORATION AND CRITICAL THINKING. OVER THE ALMOST 700 HOURS OF VOLUNTEER SERVICE, THE STUDENTS RECEIVED BUSINESS COACHING IN DEVELOPING SOLUTIONS TO REAL-WORLD BUSINESS PROBLEMS PROVIDED BY THOSE SAME BUSINESS PARTNERS. THE 2024/2025 SCHOOL YEAR WILL LAUNCH TWO MORE 3DE HIGH SCHOOLS IN OCPS, EAST RIVER HIGH SCHOOL AND LAKE NONA HIGH SCHOOL.

    Expenses $65,000 · Grants $65,000

As filed on the 2022 return. The filer continues this part on Schedule O, which is not shown here.

Listed in Part VII

  • Karen Revels

    PRESIDENT

    Total calculated
    $218,284
    From this org
    $0
    From related orgs
    $193,853
    Other
    $24,431
    Hours/week
    1 + 40 related

    Schedule J breakdown matched by us

    Base
    $0 + $154,018 related
    Bonus
    $0 + $34,000 related
    Other
    $0 + $5,835 related
    Deferred
    $0
    Nontaxable benefits
    $0 + $24,431 related
    Filer's total
    $0 + $218,284 related
  • Walter Nason

    CFO

    Total calculated
    $89,299
    From this org
    $0
    From related orgs
    $69,554
    Other
    $19,745
    Hours/week
    1 + 32 related
  • Pat Knipe

    CHAIRMAN

    Total calculated
    $0
    Hours/week
    1
  • Ernie Wilding

    SECRETARY

    Total calculated
    $0
    Hours/week
    1
  • Juan Amo

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1 + 1 related
  • Van Bogan

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Jim Cross

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Diane Difebbo

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1 + 1 related
  • Ixchell Duarte

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1 + 1 related
  • Jeff Jennings

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Fred Kittinger

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1 + 1 related
  • John Klumph

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Fran Korosec

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1 + 1 related
  • Bill Lowman

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Tim Myers

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1 + 1 related
  • Derrick Valkenburg

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1 + 1 related
  • Lillian Garcia

    DIRECTOR (THRU 05/08/23)

    Total calculated
    $0
    Hours/week
    1
  • Alan Helman

    DIRECTOR (THRU 05/15/23)

    Total calculated
    $0
    Hours/week
    1

Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those. A Schedule J breakdown is as filed: base pay, bonus, other, deferred compensation and nontaxable benefits from this organization, with any from related organizations beside each, and the filer's own total. It is shown with the Part VII listing of the same name on the same return. The form gives no key between the two, so that pairing is ours, and is marked matched by us.

Schedule J

Answered yes

None.

Answered no

  • 4a · Severance or change-of-control payment
  • 4b · Supplemental nonqualified retirement plan
  • 4c · Equity-based compensation arrangement
  • 5a · Pay contingent on this organization's revenues
  • 5b · Pay contingent on a related organization's revenues
  • 6a · Pay contingent on this organization's net earnings
  • 6b · Pay contingent on a related organization's net earnings
  • 7 · Other non-fixed payments
  • 8 · Paid under the initial-contract exception

Part I's answers as filed. A line not listed was left unanswered; on lines 1a and 3 that means the box was not checked.

Grants on this return

Related organizations on this return

Schedule R Part II: tax-exempt organizations related to the filer by control. It does not record shared board members or money.

Provenance

Return type
form_990
Tax year
2022
Filed
3 May 2024
IRS schema version
2022v5.0
Source object
202411289349303531

Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.

The source document this was parsed from is served over the API, which is where bulk and document access live.