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Nonprofiteer
← JUNIOR ACHIEVEMENT OF CHICAGO

Form 990 for tax year 2024

Filed by JUNIOR ACHIEVEMENT OF CHICAGO.

Totals

Total revenue
$6,836,648
Total expenses
$6,396,089
Contributions and grants received
$5,001,988
Grants paid
$11,000
Program service revenue
$0
Investment income
$1,844,551
Other revenue
-$9,891
Total assets, end of year
$29,789,747
Total liabilities, end of year
$1,574,851
Net assets or fund balances, end of year
$28,214,896
Program services expenses (Part IX)
$4,674,248
Management and general expenses
$934,749
Fundraising expenses
$787,092
Program service expenses (Part III)
$4,674,248

Program services were 73.1% 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.

  • 1c · Fundraising events

    $1,694,667

  • 1f · All other contributions, gifts and grants

    $3,307,321

  • 3 · Investment income

    total $662,771 · excluded $662,771

  • 7a · Gross sales of assets other than inventory

    securities $8,488,274

  • 7b · Less cost or other basis and sales expenses

    securities $7,306,494

  • 7c · Gain or loss

    securities $1,181,780

  • 7d · Net gain or loss

    total $1,181,780 · excluded $1,181,780

  • 8a · Fundraising events: gross income

    $348,025

  • 8a · Fundraising events: contributions included on line 1c

    $1,694,667

  • 8b · Fundraising events: direct expenses

    $360,707

  • 8c · Net income from fundraising events

    total -$12,682 · excluded -$12,682

  • 11a · Other revenue: MISCELLANEOUS

    total $2,791 · excluded $2,791

  • 11e · Other revenue, total

    $2,791

Functional expenses

Part IX, the statement of functional expenses.

  • 2 · Grants to domestic individuals

    total $11,000 · program services $11,000

  • 5 · Compensation of officers, directors and key employees

    total $668,436 · program services $477,889 · management and general $96,777 · fundraising $93,770

  • 7 · Other salaries and wages

    total $3,018,365 · program services $2,157,936 · management and general $437,003 · fundraising $423,426

  • 8 · Pension plan contributions

    total $181,001 · program services $129,404 · management and general $26,206 · fundraising $25,391

  • 9 · Other employee benefits

    total $385,109 · program services $275,328 · management and general $55,757 · fundraising $54,024

  • 10 · Payroll taxes

    total $253,575 · program services $181,290 · management and general $36,713 · fundraising $35,572

  • 11f · Fees: investment management

    total $110,981 · management and general $110,981

  • 11g · Fees: other

    total $182,737 · program services $120,838 · management and general $47,601 · fundraising $14,298

  • 12 · Advertising and promotion

    total $74,030 · program services $5,342 · management and general $5,282 · fundraising $63,406

  • 13 · Office expenses

    total $42,364 · program services $38,165 · management and general $2,854 · fundraising $1,345

  • 14 · Information technology

    total $12,528 · program services $4,005 · management and general $5,557 · fundraising $2,966

  • 16 · Occupancy

    total $324,755 · program services $243,323 · management and general $48,989 · fundraising $32,443

  • 17 · Travel

    total $89,689 · program services $53,881 · management and general $21,529 · fundraising $14,279

  • 19 · Conferences, conventions and meetings

    total $26,776 · program services $13,637 · management and general $5,875 · fundraising $7,264

  • 21 · Payments to affiliates

    total $399,687 · program services $399,687

  • 22 · Depreciation, depletion and amortization

    total $53,118 · program services $39,838 · management and general $7,968 · fundraising $5,312

  • 23 · Insurance

    total $114,825 · program services $82,793 · management and general $20,993 · fundraising $11,039

  • 24a · Other expenses: STUDENT MATERIALS

    total $439,773 · program services $439,773

  • 24b · Other expenses: MISC.

    total $7,340 · program services $119 · management and general $4,664 · fundraising $2,557

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $208,642 · end of year $101,199

  • 2 · Savings and temporary cash investments

    beginning of year $493,492 · end of year $497,018

  • 3 · Pledges and grants receivable

    beginning of year $145,550 · end of year $207,176

  • 8 · Inventories for sale or use

    beginning of year $180,497 · end of year $154,036

  • 9 · Prepaid expenses and deferred charges

    beginning of year $94,767 · end of year $144,852

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

    $675,849

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

    $560,531

  • 10c · Land, buildings and equipment, net

    beginning of year $149,901 · end of year $115,318

  • 11 · Investments: publicly traded securities

    beginning of year $26,317,428 · end of year $28,038,524

  • 15 · Other assets

    beginning of year $870,543 · end of year $531,624

  • 17 · Accounts payable and accrued expenses

    beginning of year $341,824 · end of year $451,694

  • 18 · Grants payable

    beginning of year $65,178 · end of year $81,178

  • 19 · Deferred revenue

    beginning of year $297,010 · end of year $366,013

  • 25 · Other liabilities

    beginning of year $972,919 · end of year $675,966

  • 27 · Net assets without donor restrictions

    beginning of year $26,584,459 · end of year $27,804,154

  • 28 · Net assets with donor restrictions

    beginning of year $199,430 · end of year $410,742

Mission and programs · 2024

Mission

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

  • JUNIOR ACHIEVEMENT EDUCATES STUDENTS, FROM KINDERGARTEN THROUGH 12TH GRADE, ABOUT WORKFORCE READINESS, ENTREPRENEURSHIP AND FINANCIAL LITERACY THROUGH EXPERIENTIAL, HANDS-ON PROGRAMS. JUNIOR ACHIEVEMENT PROGRAMS HELP PREPARE YOUNG PEOPLE FOR THE REAL WORLD BY SHOWING THEM HOW TO GENERATE WEALTH AND EFFECTIVELY MANAGE IT, HOW TO CREATE JOBS WHICH MAKE THEIR COMMUNITIES MORE ROBUST, AND HOW TO APPLY ENTREPRENEURIAL THINKING TO THE WORKPLACE. STUDENTS PUT THESE LESSONS INTO ACTION AND LEARN THE VALUE OF CONTRIBUTING TO THEIR COMMUNITIES. IN THE 2024-2025 SCHOOL YEAR, JUNIOR ACHIEVEMENT OF CHICAGO SERVED 396,913 STUDENTS IN 18,099 CLASSROOMS THROUGHOUT THE CHICAGOLAND AREA

    Expenses $4,674,248 · Grants $11,000

As filed on the 2024 return.

Listed in Part VII

  • THOMAS STAAB

    PRESIDENT & CEO

    Total calculated
    $405,554
    From this org
    $387,345
    From related orgs
    $0
    Other
    $18,209
    Hours/week
    37.5

    Schedule J breakdown matched by us

    Base
    $321,800
    Bonus
    $65,545
    Other
    $0
    Deferred
    $17,250
    Nontaxable benefits
    $959
    Filer's total
    $405,554
  • KATHERINE SCHERER

    CHAIR

    Total calculated
    $0
    Hours/week
    2
  • MICHAEL FROY

    SECRETARY

    Total calculated
    $0
    Hours/week
    2
  • PAUL GREEN

    TREASURER

    Total calculated
    $0
    Hours/week
    2
  • JEFFREY ALBEE

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0.5
  • BRIAN BARNES

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0.5
  • MELISSA BEAN

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0.5
  • SEAN BENTLEY

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0.5
  • CAROLYN BOOTH

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • JAMES BRAMBLET

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0.5
  • RANDY BURT

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0.5
  • THOMAS CAHILL

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0.5
  • DEIA CAMPANELLI

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0.5
  • ALEXANDER CAMPBELL

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0.5
  • ELIZABETH CAMPBELL

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0.5
  • NEAL CAMPBELL

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0.5
  • DAVID CHIPURNOI

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0.5
  • ROBERT CHODOS

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • JESSICA COLE

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • JOHN COMPERNOLLE

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0.5
  • ELLE CORDES RADKE

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0.5
  • TYSON CORNELL

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • RANDAL DAWSON

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0.5
  • MISTY DE LA CRUZ

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0.5
  • GHRAM DEBES

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0.5
  • PATRICE DECORREVONT

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • DOUG DONOVAN

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0.5
  • DONNA DORSEY

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0.5
  • BOB DUTZI

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0.5
  • CHARLES EDELSTEIN

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0.5
  • PAULA FERGUSON

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0.5
  • GINA FEZLER

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0.5
  • JAMES FIELDS

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0.5
  • JOSEPH FITZPATRICK

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0.5
  • SARAH FLANAGAN

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0.5
  • KRISTEN FREUND

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • KAREN GALIVAN

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0.5
  • STEPHEN GRABEK

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0.5
  • STEDMAN GRAHAM

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0.5
  • DANCHIP HARDT

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0.5
  • GRANT HARVEY

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0.5
  • JONATHAN HAUGEBERG

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0.5
  • JOAN HEGGEN

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0.5
  • STEVE HENN

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • ROBERTO HERENCIA

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • GARY HOLDREN

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0.5
  • MARK HUNTINGTON

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0.5
  • JOS ISASI II

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0.5
  • GEORGE JOHNSON

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0.5
  • JOCELYN JOPA

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • KIP KELLEY

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0.5
  • ANTHONY KESMAN

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0.5
  • JAMIE KIEFFER

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0.5
  • PAUL LARSON

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0.5
  • KATIE LAWLER

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • CHRISTINE LEAHY

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • CURTIS MAAS

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0.5
  • PATRICK MACELLARO

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0.5
  • DAVID MARBERGER

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • TERRANCE TERRY MAXWELL

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0.5
  • WILLIE MAYBERRY

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0.5
  • CARLA MICHELOTTI

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0.5
  • AARON MINER

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0.5
  • THOMAS MONAHAN

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0.5
  • HEATHER MOONEY

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0.5
  • BRIAN MORGAN

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0.5
  • PAUL MORGAN

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0.5
  • DANIEL MURGATROYD

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0.5
  • WADE MYNATT

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0.5
  • STEPHEN NESBITT

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0.5
  • LARRY NIEMAN

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0.5
  • ROBERT O'KEEF

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0.5
  • EDMOND OPLER

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0.5
  • DONALD ORTEGEL

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • CHARMAINE OWENS

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0.5
  • ALBERTO PARACCHINI

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0.5
  • MORDIE PEARSON

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0.5
  • JOSE PENA

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • SCOTT RAMSBOTTOM

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0.5
  • JOHN RODI

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • JAMES ROZSYPAL

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0.5
  • COREY RYAN

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0.5
  • ROD SCHRADER

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0.5
  • KARL SCHULZ

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0.5
  • ELBERT SINGLETON

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0.5
  • KASHIM SKEETE

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0.5
  • MARK SKROCH

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0.5
  • LAURA SLAGTER

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0.5
  • DENIS SPRINGER

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0.5
  • LISA STENGLEIN

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0.5
  • BOB STEWART

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0.5
  • LYNETTE STOKES

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0.5
  • LISA STUVER

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0.5
  • CHRISTOPHER SWEETLAND

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0.5
  • BECKY TINKHAM

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0.5
  • MICHAEL TOWER

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • MARY ANN TRAVERS

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • SANDRA WAYNE

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0.5
  • THOMAS WEBER

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0.5
  • SPENCER WILLIAMS

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0.5
  • NATHAN WINTERS

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0.5
  • DESMOND WONG

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0.5
  • LAUREN YOUNG

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0.5
  • ABIGAIL YOWELL

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0.5
  • MARIA RAMOS

    SVP OF EDUCATION & OPERATI

    Total calculated
    $258,421
    From this org
    $236,529
    From related orgs
    $0
    Other
    $21,892
    Hours/week
    37.5

    Schedule J breakdown matched by us

    Base
    $198,165
    Bonus
    $38,364
    Other
    $0
    Deferred
    $11,898
    Nontaxable benefits
    $9,994
    Filer's total
    $258,421
  • TERRANCE GUTHRIE

    VP OF FINANCE AND ADMINIST

    Total calculated
    $208,985
    From this org
    $188,745
    From related orgs
    $0
    Other
    $20,240
    Hours/week
    37.5

    Schedule J breakdown matched by us

    Base
    $165,038
    Bonus
    $23,707
    Other
    $0
    Deferred
    $9,567
    Nontaxable benefits
    $10,673
    Filer's total
    $208,985
  • RAVI PARAKKAT

    VP OF DIGITAL TRANSFORMATI

    Total calculated
    $201,506
    From this org
    $170,711
    From related orgs
    $0
    Other
    $30,795
    Hours/week
    37.5

    Schedule J breakdown matched by us

    Base
    $156,054
    Bonus
    $14,657
    Other
    $0
    Deferred
    $9,002
    Nontaxable benefits
    $21,793
    Filer's total
    $201,506
  • DEREK ERNST

    VP OF DEVELOPMENT

    Total calculated
    $185,649
    From this org
    $176,243
    From related orgs
    $0
    Other
    $9,406
    Hours/week
    37.5

    Schedule J breakdown matched by us

    Base
    $164,517
    Bonus
    $11,726
    Other
    $0
    Deferred
    $8,753
    Nontaxable benefits
    $653
    Filer's total
    $185,649
  • AMY YOUNGBERG

    VP OF PROGRAMS

    Total calculated
    $155,975
    From this org
    $139,231
    From related orgs
    $0
    Other
    $16,744
    Hours/week
    37.5

    Schedule J breakdown matched by us

    Base
    $121,594
    Bonus
    $17,637
    Other
    $0
    Deferred
    $7,066
    Nontaxable benefits
    $9,678
    Filer's total
    $155,975

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

  • 3 · Compensation committee
  • 3 · Independent compensation consultant
  • 3 · Compensation survey or study
  • 3 · Approval by the board or compensation committee
  • 7 · Other non-fixed payments

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
  • 8 · Paid under the initial-contract exception

The filer's explanations (Part III)

PART I, LINE 7
ALL EMPLOYEES ARE ELIGIBLE TO PARTICIPATE IN THE INCENTIVE PLAN ASSUMING THAT THEY HAVE BEEN EMPLOYED AT JA OF CHICAGO FOR AT LEAST SIX MONTHS AND MEET REQUIREMENTS BASED ON THEIR PERFORMANCE REVIEW. THE PLAN IS FUNDED BASED ON JA OF CHICAGO'S FUNDRAISING GOAL. AT TARGET PERFORMANCE, PAYOUTS FOR BONUSES ARE DETERMINED BASED ON PERCENTAGE OF BASE SALARY. THE COMPENSATION COMMITTEE OF THE BOARD OF DIRECTORS ADMINISTERS THE PLAN AND HAS DISCRETION OVER THE RULES AND INTERPRETATIONS OF THE PLAN.

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.

Provenance

Return type
form_990
Tax year
2024
Filed
2 December 2025
IRS schema version
2024v5.2
Source object
202503389349300110

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