Form 990 for tax year 2022

Filed by JUNIOR ACHIEVEMENT OF EASTERN IOWA.

Totals

Total revenue: $2,955,693
Total expenses: $1,948,051
Contributions and grants received: $2,942,713
Grants paid: $0
Program service revenue: $9,000
Investment income: $84,260
Other revenue: -$80,280
Total assets, end of year: $4,235,746
Total liabilities, end of year: $678,517
Net assets or fund balances, end of year: $3,557,229
Program services expenses (Part IX): $1,549,700
Management and general expenses: $72,398
Fundraising expenses: $325,953
Program service expenses (Part III): $1,549,700

Program services were 79.6% 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.

1c · Fundraising events

$457,801
1e · Government grants (contributions)

$182,347
1f · All other contributions, gifts and grants

$2,302,565
1g · Noncash contributions included above

$8,727
2a · Program service revenue: RENTAL REVENUE

total $9,000 · related or exempt $9,000
4 · Income from investment of tax-exempt bond proceeds

total $84,497 · excluded $84,497
7a · Gross sales of assets other than inventory

securities $200,000
7b · Less cost or other basis and sales expenses

securities $200,000 · other assets $237
7c · Gain or loss

securities $0 · other assets -$237
7d · Net gain or loss

total -$237 · excluded -$237
8a · Fundraising events: gross income

$57,300
8a · Fundraising events: contributions included on line 1c

$457,801
8b · Fundraising events: direct expenses

$149,859
8c · Net income from fundraising events

total -$92,559 · excluded -$92,559
11d · All other revenue

total $12,279 · excluded $12,279
11e · Other revenue, total

$12,279

Functional expenses

Part IX, the statement of functional expenses.

5 · Compensation of officers, directors and key employees

total $467,975 · program services $350,981 · management and general $23,399 · fundraising $93,595
7 · Other salaries and wages

total $718,690 · program services $541,111 · management and general $30,221 · fundraising $147,358
8 · Pension plan contributions

total $31,140 · program services $23,443 · management and general $1,317 · fundraising $6,380
9 · Other employee benefits

total $5,628 · program services $4,231 · management and general $254 · fundraising $1,143
10 · Payroll taxes

total $82,388 · program services $61,938 · management and general $3,717 · fundraising $16,733
11c · Fees: accounting

total $18,115 · program services $13,619 · management and general $817 · fundraising $3,679
11g · Fees: other

total $3,433 · program services $2,581 · management and general $155 · fundraising $697
12 · Advertising and promotion

total $11,166 · program services $9,027 · management and general $389 · fundraising $1,750
13 · Office expenses

total $86,298 · program services $64,878 · management and general $3,893 · fundraising $17,527
16 · Occupancy

total $41,008 · program services $30,829 · management and general $1,850 · fundraising $8,329
20 · Interest

total $14,850 · program services $11,164 · management and general $670 · fundraising $3,016
21 · Payments to affiliates

total $137,137 · program services $137,137
22 · Depreciation, depletion and amortization

total $32,630 · program services $24,531 · management and general $1,472 · fundraising $6,627
23 · Insurance

total $17,435 · program services $16,148 · management and general $234 · fundraising $1,053
24a · Other expenses: PROGRAM MATERIALS

total $237,621 · program services $225,464 · management and general $2,209 · fundraising $9,948
24b · Other expenses: STAFF TRAINING

total $27,193 · program services $20,443 · management and general $1,227 · fundraising $5,523
24c · Other expenses: VOLUNTEER RECRUITING

total $9,197 · program services $7,554 · management and general $297 · fundraising $1,346
24d · Other expenses: FUNDRAISING

total $5,961 · program services $4,481 · management and general $269 · fundraising $1,211
24e · All other expenses

total $186 · program services $140 · management and general $8 · fundraising $38

Balance sheet

Part X, book values.

2 · Savings and temporary cash investments

beginning of year $1,502,798 · end of year $1,399,898
3 · Pledges and grants receivable

beginning of year $104,365 · end of year $809,106
8 · Inventories for sale or use

beginning of year $15,780 · end of year $6,469
9 · Prepaid expenses and deferred charges

beginning of year $11,331 · end of year $14,362
10a · Land, buildings and equipment: cost or other basis

$298,473
10b · Land, buildings and equipment: accumulated depreciation

$160,057
10c · Land, buildings and equipment, net

beginning of year $64,335 · end of year $138,416
11 · Investments: publicly traded securities

beginning of year $1,429,375 · end of year $1,865,729
15 · Other assets

beginning of year $1,759 · end of year $1,766
17 · Accounts payable and accrued expenses

beginning of year $124,938 · end of year $128,742
24 · Unsecured notes and loans payable

beginning of year $29,167 · end of year $49,775
25 · Other liabilities

beginning of year $500,000 · end of year $500,000
27 · Net assets without donor restrictions

beginning of year $2,348,179 · end of year $2,548,686
28 · Net assets with donor restrictions

beginning of year $127,459 · end of year $1,008,543

Mission and programs · 2022

Mission

JUNIOR ACHIEVEMENT EMPOWERS YOUNG PEOPLE TO OWN THEIR ECONOMIC SUCCESS. IN PARTNERSHIPS WITH BUSINESS AND EDUCATORS, JUNIOR ACHIEVEMENT BRINGS THE REAL WORLD TO STUDENTS, OPENING THEIR MINDS TO THEIR POTENTIAL AND PREPARING THEM FOR THE WORLD OF WORK.

Activities or mission (Part I)

TO INSPIRE AND PREPARE YOUNG PEOPLE TO SUCCEED IN A GLOBAL ECONOMY.

ELEMENTARY SCHOOL: JA'S ELEMENTARY SCHOOL PROGRAMS (GRADES KINDERGARTEN THROUGH FIFTH,) ARE THE FOUNDATION OF ITS K-12 CURRICULA. SIX SEQUENTIAL THEMES, EACH WITH FIVE HANDS-ON ACTIVITIES, AS WELL AS AN AFTER-SCHOOL AND CAPSTONE EXPERIENCE, WORK TO CHANGE STUDENTS' LIVES BY HELPING THEM UNDERSTAND BUSINESS AND ECONOMICS. JUNIOR ACHIEVEMENT OF EASTERN IOWA SERVED APPROXIMATELY 25,200 ELEMENTARY STUDENTS IN 1,100 EXPERIENCES AT A TOTAL COST OF $1,274,050. OF THESE EXPENSES, $295,928 IS NOT INCLUDED IN THE FORM 990 AS IT IS THE VALUE OF THE 9,050 HOURS PROVIDED BY OUR BUSINESS VOLUNTEERS. IF IT WERE NOT FOR OUR DEDICATED VOLUNTEERS, JUNIOR ACHIEVEMENT OF EASTERN IOWA WOULD NEED TO PAY FOR THESE SERVICES.

Expenses $995,580 · Revenue $3,000
MIDDLE SCHOOL: THE MIDDLE SCHOOL PROGRAMS, GRADES SIXTH THROUGH EIGHTH, BUILD ON CONCEPTS THE STUDENTS LEARNED IN JUNIOR ACHIEVEMENT'S ELEMENTARY SCHOOL PROGRAM AND HELP TEENS MAKE DIFFICULT DECISIONS ABOUT HOW TO BEST PREPARE FOR THEIR EDUCATIONAL AND PROFESSIONAL FUTURE. THE PROGRAMS SUPPLEMENT STANDARD SOCIAL STUDIES CURRICULA AND DEVELOP COMMUNICATION SKILLS THAT ARE ESSENTIAL TO SUCCESS IN THE BUSINESS WORLD. JUNIOR ACHIEVEMENT OF EASTERN IOWA SERVED APPROXIMATELY 11,500 MIDDLE SCHOOL STUDENTS IN 400 EXPERIENCES AT A TOTAL COST OF $551,065. OF THESE EXPENSES, $104,045 IS NOT INCLUDED IN THE FORM 990 AS IT IS THE VALUE OF THE 3,528 HOURS PROVIDED BY OUR BUSINESS VOLUNTEERS. IF IT WERE NOT FOR OUR DEDICATED VOLUNTEERS, JUNIOR ACHIEVEMENT OF EASTERN IOWA WOULD NEED TO PAY FOR THESE SERVICES.

Expenses $454,996 · Revenue $3,000
HIGH SCHOOL: AS HIGH SCHOOL STUDENTS, GRADES NINTH THROUGH TWELFTH, BEGIN TO POSITION THEMSELVES FOR THEIR FUTURE, THERE ARE MANY UNANSWERED QUESTIONS ABOUT WHAT LIES AHEAD. JUNIOR ACHIEVEMENT'S HIGH SCHOOL PROGRAMS HELP STUDENTS MAKE INFORMED, INTELLIGENT DECISIONS ABOUT THEIR FUTURE, AND FOSTER SKILLS THAT WILL BE HIGHLY USEFUL IN THE BUSINESS WORLD. JUNIOR ACHIEVEMENT OF EASTERN IOWA SERVED APPROXIMATELY 2,500 HIGH SCHOOL STUDENTS IN 120 EXPERIENCES AT A TOTAL COST OF $244,409. OF THESE EXPENSES, $147,023 IS NOT INCLUDED IN THE FORM 990 AS IT IS THE VALUE OF THE 5,234 HOURS PROVIDED BY OUR BUSINESS VOLUNTEERS. IF IT WERE NOT FOR OUR DEDICATED VOLUNTEERS, JUNIOR ACHIEVEMENT OF EASTERN IOWA WOULD NEED TO PAY FOR THESE SERVICES.

Expenses $99,124 · Revenue $3,000

As filed on the 2022 return.

Listed in Part VII

Melissa WinterMELISSA WINTER

CHAIR

Total calculated

$0

Hours/week

1
Troy SmithTROY SMITH

VICE CHAIR

Total calculated

$0

Hours/week

1 + 1 related
Jim MooreJIM MOORE

TREASURER

Total calculated

$0

Hours/week

1
John HeinemannJOHN HEINEMANN

SECRETARY

Total calculated

$0

Hours/week

1
Kyle KunzKYLE KUNZ

INVESTMENT CHAIR

Total calculated

$0

Hours/week

1
Dr Doug WheelerDR DOUG WHEELER

CHIEF ACADEMIC OFFICER

Total calculated

$0

Hours/week

1
Mike GoedkenMIKE GOEDKEN

BOARD MEMBER

Total calculated

$0

Hours/week

1
Steven HeyerSTEVEN HEYER

BOARD MEMBER

Total calculated

$0

Hours/week

1
Kate MorelandKATE MORELAND

BOARD MEMBER

Total calculated

$0

Hours/week

1
Patrick SlaterPATRICK SLATER

BOARD MEMBER

Total calculated

$0

Hours/week

1
Eric TylerERIC TYLER

BOARD MEMBER

Total calculated

$0

Hours/week

1
Christine Eh LandaCHRISTINE EH LANDA

PRESIDENT

Total calculated

$211,527

From this org

$203,418

From related orgs

$0

Other

$8,109

Hours/week

40 + 1 related

Schedule J breakdown matched by us

Base

$177,921

Bonus

$25,497

Other

$0

Deferred

$8,109

Nontaxable benefits

$0

Filer's total

$211,527
Whitney SchrederWHITNEY SCHREDER

VICE PRESIDENT FINANCE

Total calculated

$119,792

From this org

$115,188

From related orgs

$0

Other

$4,604

Hours/week

40
Erin KurtERIN KURT

SENIOR VICE PRESIDENT

Total calculated

$126,180

From this org

$121,330

From related orgs

$0

Other

$4,850

Hours/week

40

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

2 · Substantiation required before reimbursing expenses
3 · Compensation committee
3 · Compensation survey or study
3 · Approval by the board or compensation committee
5a · Pay contingent on this organization's revenues

Answered no

4a · Severance or change-of-control payment
4b · Supplemental nonqualified retirement plan
4c · Equity-based compensation arrangement
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

The filer's explanations (Part III)

PART I, LINE 5: BONUS STRUCTURE BASED ON REVENUE AND STUDENTS SERVED. ONLY PAID OUT IF 95% OF GOAL ACHIEVED AND YEAR ENDS IN A SURPLUS. FOR FY23 ACCRUED BONUSES WERE AS FOLLOWS: $31,234 CHRISTINE E. H. LANDA, PRESIDENT; $12,000 ERIN KURT, SENIOR VICE PRESIDENT; $8,000 WHITNEY SCHREDER, VICE PRESIDENT FINANCE.

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

No itemized grants to organizations 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.

JUNIOR ACHEIVEMENT OF EASTERN IOWA FOUNDATION

501(C)(3) · TO EDUCATE AND INSPIRE CHILDREN TO VALUE FREE ENTERPRISE. · IA · controlled entity

Directly controlled by JUNIOR ACHIEVEMENT OF EASTERN IOWA INC

Provenance

Return type: form_990
Tax year: 2022
Filed: 13 October 2023
IRS schema version: 2022v5.0
Source object: 202332989349300623

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.