Form 990 for tax year 2023

Revenue

Part VIII, the statement of revenue.

• 1f · All other contributions, gifts and grants

  $971,514

• 3 · Investment income

  total $65,952

• 8a · Fundraising events: gross income

  $658,926

• 8b · Fundraising events: direct expenses

  $120,139

• 8c · Net income from fundraising events

  total $538,787

Functional expenses

Part IX, the statement of functional expenses.

• 1 · Grants to domestic organizations and governments

  total $0

• 2 · Grants to domestic individuals

  total $0

• 3 · Grants to foreign organizations and individuals

  total $0

• 4 · Benefits paid to or for members

  total $0

• 5 · Compensation of officers, directors and key employees

  total $359,184 · program services $269,236 · management and general $68,179 · fundraising $21,769

• 6 · Compensation of disqualified persons

  total $0

• 7 · Other salaries and wages

  total $718,725 · program services $658,810 · management and general $38,602 · fundraising $21,313

• 8 · Pension plan contributions

  total $50,450 · program services $43,891 · management and general $4,036 · fundraising $2,523

• 9 · Other employee benefits

  total $216,440 · program services $188,303 · management and general $17,315 · fundraising $10,822

• 10 · Payroll taxes

  total $77,248 · program services $67,206 · management and general $6,180 · fundraising $3,862

• 11a · Fees: management

  total $1,218 · management and general $1,218

• 11b · Fees: legal

  total $0

• 11c · Fees: accounting

  total $26,561 · management and general $26,561

• 11d · Fees: lobbying

  total $0

• 11f · Fees: investment management

  total $0

• 11g · Fees: other

  total $71,500 · program services $71,500

• 12 · Advertising and promotion

  total $0

• 13 · Office expenses

  total $29,176 · program services $26,257 · management and general $1,774 · fundraising $1,145

• 14 · Information technology

  total $0

• 15 · Royalties

  total $0

• 16 · Occupancy

  total $24,523 · program services $22,316 · management and general $2,207

• 17 · Travel

  total $23,622 · program services $22,441 · management and general $945 · fundraising $236

• 18 · Travel or entertainment for public officials

  total $0

• 19 · Conferences, conventions and meetings

  total $19,977 · program services $19,977

• 20 · Interest

  total $0

• 21 · Payments to affiliates

  total $0

• 22 · Depreciation, depletion and amortization

  total $0

• 23 · Insurance

  total $19,846 · program services $14,656 · management and general $4,671 · fundraising $519

• 24a · Other expenses: Telephone

  total $6,701 · program services $5,830 · management and general $536 · fundraising $335

• 24b · Other expenses: Dues and Subscriptions

  total $4,225 · program services $4,225

• 24c · Other expenses: Program Materials

  total $120,580 · program services $120,580

• 24d · Other expenses: Franchise Fee Licenses

  total $149,872 · program services $149,827 · fundraising $45

• 24e · All other expenses

  total $5,950 · program services $5,950

Balance sheet

Part X, book values.

• 1 · Cash, non-interest-bearing

  beginning of year $1,005,055 · end of year $739,054

• 3 · Pledges and grants receivable

  beginning of year $162,404 · end of year $59,408

• 9 · Prepaid expenses and deferred charges

  beginning of year $19,328 · end of year $13,059

• 10a · Land, buildings and equipment: cost or other basis

  $15,688

• 10b · Land, buildings and equipment: accumulated depreciation

  $15,688

• 12 · Investments: other securities

  beginning of year $208,659 · end of year $241,969

• 15 · Other assets

  beginning of year $32,726 · end of year $9,625

• 17 · Accounts payable and accrued expenses

  beginning of year $349 · end of year $2,046

• 19 · Deferred revenue

  beginning of year $17,265 · end of year $23,786

• 25 · Other liabilities

  beginning of year $34,173 · end of year $10,443

• 27 · Net assets without donor restrictions

  beginning of year $1,275,767 · end of year $943,722

• 28 · Net assets with donor restrictions

  beginning of year $100,618 · end of year $83,118

The filer's explanations (Part III)

Part I Line 3

The compensation of Junior Achievement of Greater Miamis President and Director is approved annually by the executive committee of the board of directors pursuant to the authority delegated to it by the JA Greater Miamis board of directors. The executive committee reviews compensation data for comparable Junior Achievement areas to operate. The decisions of the executive committee are documented contemporaneously.

Part I Line 7

Bonuses paid to JA of Greater Miamis employees represent additional compensation based on annual performance evaluations for each individual. Bonus percentages are suggested by the JA of Greater Miami and approved by the executive committee.The comittee retains full discretion to make, not make or reduce the amount of any incentive award.