Form 990 for tax year 2023

Revenue

Part VIII, the statement of revenue.

• 1c · Fundraising events

  $484,779

• 1f · All other contributions, gifts and grants

  $6,026,733

• 1g · Noncash contributions included above

  $1,425

• 3 · Investment income

  total $112,087 · excluded $112,087

• 6a · Gross rents

  real property $45,810

• 6c · Rental income or loss

  real property $45,810

• 6d · Net rental income or loss

  total $45,810 · excluded $45,810

• 7a · Gross sales of assets other than inventory

  securities $4,530

• 7c · Gain or loss

  securities $4,530

• 7d · Net gain or loss

  total $4,530 · excluded $4,530

• 8a · Fundraising events: gross income

  $296,677

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

  $484,779

• 8b · Fundraising events: direct expenses

  $296,677

• 11a · Other revenue: PARKING INCOME

  total $34,707 · unrelated business $34,707

• 11b · Other revenue: OTHER INCOME

  total $10,242 · excluded $10,242

• 11e · Other revenue, total

  $44,949

Functional expenses

Part IX, the statement of functional expenses.

• 5 · Compensation of officers, directors and key employees

  total $1,121,687 · program services $530,150 · management and general $371,759 · fundraising $219,778

• 7 · Other salaries and wages

  total $1,545,170 · program services $921,678 · management and general $187,161 · fundraising $436,331

• 8 · Pension plan contributions

  total $94,515 · program services $55,113 · management and general $13,779 · fundraising $25,623

• 9 · Other employee benefits

  total $175,503 · program services $91,272 · management and general $44,175 · fundraising $40,056

• 10 · Payroll taxes

  total $194,412 · program services $104,579 · management and general $43,551 · fundraising $46,282

• 11b · Fees: legal

  total $1,500 · management and general $1,500

• 11f · Fees: investment management

  total $11,365 · management and general $11,365

• 11g · Fees: other

  total $128,558 · program services $99,444 · management and general $11,646 · fundraising $17,468

• 12 · Advertising and promotion

  total $46,491 · program services $38,700 · fundraising $7,791

• 13 · Office expenses

  total $41,926 · program services $26,853 · management and general $6,398 · fundraising $8,675

• 14 · Information technology

  total $117,528 · program services $76,394 · management and general $16,454 · fundraising $24,680

• 16 · Occupancy

  total $191,088 · program services $108,314 · management and general $24,092 · fundraising $58,682

• 17 · Travel

  total $49,899 · program services $36,072 · management and general $3,171 · fundraising $10,656

• 19 · Conferences, conventions and meetings

  total $4,173 · program services $2,879 · management and general $334 · fundraising $960

• 21 · Payments to affiliates

  total $241,763 · program services $241,763

• 22 · Depreciation, depletion and amortization

  total $580,233 · program services $383,184 · management and general $89,630 · fundraising $107,419

• 23 · Insurance

  total $49,669 · program services $42,086 · management and general $3,033 · fundraising $4,550

• 24a · Other expenses: OTHER PROGRAM RELATED

  total $629,092 · program services $629,092

• 24b · Other expenses: BANK FEES

  total $20,497 · program services $13,323 · management and general $2,870 · fundraising $4,304

• 24c · Other expenses: PAYROLL ADMIN EXPENSE

  total $12,195 · program services $6,638 · management and general $2,556 · fundraising $3,001

• 24d · Other expenses: DUES & SUBSCRIPTIONS

  total $11,514 · program services $7,484 · management and general $1,612 · fundraising $2,418

• 24e · All other expenses

  total $11,610 · program services $1,934 · fundraising $9,676

Balance sheet

Part X, book values.

• 1 · Cash, non-interest-bearing

  beginning of year $96,090 · end of year $21,696

• 2 · Savings and temporary cash investments

  beginning of year $2,360,815 · end of year $1,984,172

• 3 · Pledges and grants receivable

  beginning of year $1,140,221 · end of year $1,403,682

• 4 · Accounts receivable

  beginning of year $407,816 · end of year $4,355

• 9 · Prepaid expenses and deferred charges

  beginning of year $120,377 · end of year $118,472

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

  $20,398,351

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

  $1,590,220

• 10c · Land, buildings and equipment, net

  beginning of year $17,965,180 · end of year $18,808,131

• 11 · Investments: publicly traded securities

  beginning of year $1,112,367 · end of year $1,146,362

• 13 · Investments: program-related

  beginning of year $38,468 · end of year $38,472

• 15 · Other assets

  end of year $103,152

• 17 · Accounts payable and accrued expenses

  beginning of year $1,645,430 · end of year $479,633

• 19 · Deferred revenue

  beginning of year $257,420 · end of year $302,155

• 23 · Secured mortgages and notes payable

  beginning of year $1,295,652 · end of year $1,194,878

• 25 · Other liabilities

  end of year $103,152

• 27 · Net assets without donor restrictions

  beginning of year $18,533,214 · end of year $19,857,226

• 28 · Net assets with donor restrictions

  beginning of year $1,509,618 · end of year $1,691,450

The filer's explanations (Part III)

SCHEDULE J, PAGE 1, PART I, LINE 5A

JUNIOR ACHIEVEMENT - ROCKY MOUNTAIN INC. PAYS DEFERRED COMPENSATION / BONUS EACH YEAR ONLY IF THE EXECUTIVE COMMITTEE OF THE GOVERNING BOARD APPROVES IT. THE AMOUNT OF DEFERRED COMPENSATION EACH PERSON RECEIVED IS BASED ON HOW WELL THEY AND THE COMPANY HAVE MET THEIR REVENUE, PROFIT, STUDENT NUMBERS, AND PERSONAL GOALS. EACH PERSON'S DEFERRED COMPENSATION IS REVIEWED BY THEIR DIRECT SUPERVISOR AND THE ORGANIZATION'S PRESIDENT. THE GOVERNING BOARD REVIEWS THE LIST OF BONUSES AND SETS THE PRESIDENT'S BONUS.

SCHEDULE J, PAGE 1, PART I, LINE 6A

POLICY IS CONSISTENT WITH THE EXPLANATION ABOVE FOR PART I, LINE 5A.

Disregarded entities

Part I: entities that legally are the filer and file no return of their own.

• JA FREE ENTERPRISE CENTER LLC

  EDUCATION · CO · assets $18,145,857

  Directly controlled by JARMI