Form 990 for tax year 2023
Filed by JUNIOR ACHIEVEMENT OF CENTRAL FLORIDA FOUNDATION INC.
Totals
- Total revenue
- $49,888
- Total expenses
- $80,920
- Contributions and grants received
- $0
- Grants paid
- $70,000
- Program service revenue
- $0
- Investment income
- $49,888
- Other revenue
- $0
- Total assets, end of year
- $1,492,185
- Total liabilities, end of year
- $70,000
- Net assets or fund balances, end of year
- $1,422,185
- Program services expenses (Part IX)
- $70,000
- Management and general expenses
- $10,920
- Fundraising expenses
- $0
- Program service expenses (Part III)
- $70,000
Program services were 86.5% 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 $49,888 · excluded $49,888
Functional expenses
Part IX, the statement of functional expenses.
-
1 · Grants to domestic organizations and governments
total $70,000 · program services $70,000
-
11f · Fees: investment management
total $10,920 · management and general $10,920
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $13,437 · end of year $11,981
-
11 · Investments: publicly traded securities
beginning of year $1,314,461 · end of year $1,480,204
-
18 · Grants payable
beginning of year $0 · end of year $70,000
-
27 · Net assets without donor restrictions
beginning of year $312,630 · end of year $406,795
-
28 · Net assets with donor restrictions
beginning of year $1,015,268 · end of year $1,015,390
Mission and programs · 2023
Mission
RAISES/MAINTAINS FUNDS FOR JACF WHICH EMPOWERS STUDENTS TO ECONOMIC SUCCESS BY DELIVERING INNOVATIVE, EXPERIENTIAL LEARNING PROGRAMS IN FIN LITERACY, CAREER READINESS, AND ENTREPRENEURSHIP. EDUCATORS AND BUSINESS LEADERS INSPIRE AND PREPARE STUDENTS TO SUCCEED.
Activities or mission (Part I)
RAISES/MAINTAINS FUNDS FOR JACF WHICH DELIVERS STUDENT PROGRAMS IN FIN LITERACY & ENTREPRENEURSHIP
-
JUNIOR ACHIEVEMENT OF CENTRAL FLORIDA (JACF) IS COMMITTED TO EQUIPPING YOUNG PEOPLE WITH THE SKILLS AND MINDSET THEY NEED TO BUILD SUCCESSFUL FUTURES. BY DELIVERING EDUCATIONAL PROGRAMS CENTERED ON FINANCIAL LITERACY, WORK READINESS, AND ENTREPRENEURSHIP, JACF SUPPORTS STUDENTS ACROSS ORANGE, OSCEOLA, VOLUSIA, AND SEMINOLE COUNTIES. SINCE ITS INCEPTION, JACF HAS IMPACTED THE LIVES OF MORE THAN 2,000,000 STUDENTS. IN THE 2023-2024 SCHOOL YEAR ALONE, JACF PROVIDED OVER 50,000 STUDENTS WITH NEARLY 1 MILLION HOURS OF INSTRUCTION. NOTABLE PROGRAM OUTCOMES FROM THIS PAST YEAR INCLUDE:JA FINANCE PARK VIRTUAL (FPV): A FLAGSHIP INITIATIVE, JA FINANCE PARK VIRTUAL, DELIVERED OVER 340,000 HOURS OF INSTRUCTION TO 24,000 8TH GRADERS AND GRADUATING SENIORS. (CONTINUED ON SCHEDULE O) THIS COMPREHENSIVE 25-HOUR PROGRAM INTRODUCES STUDENTS TO ESSENTIAL PERSONAL FINANCE CONCEPTS AS THEY PREPARE FOR ADULTHOOD.THE PROGRAM'S DIGITAL FORMAT ALLOWS TEACHERS TO CONDUCT LESSONS IN-PERSON OR REMOTELY, INCREASING ACCESSIBILITY AND FLEXIBILITY. THROUGH THE JA FPV SIMULATION, STUDENTS ARE ASSIGNED AVATARS WITH REAL-LIFE SCENARIOS. THEY PRACTICE BUDGETING AND MANAGING FINANCES ACROSS LIFE STAGES, INCLUDING RETIREMENT, BUILDING LONG-TERM FINANCIAL CAPABILITY.JACF COLLABORATES WITH SCHOOL DISTRICTS, EDUCATORS, AND BUSINESS PARTNERS TO ENSURE THE EFFECTIVE DELIVERY AND REACH OF THE PROGRAM THROUGHOUT THE REGION.3DE BY JUNIOR ACHIEVEMENT:THE 3DE BY JUNIOR ACHIEVEMENT PROGRAM LAUNCHED IN CENTRAL FLORIDA DURING THE 2019-2020, SCHOOL YEAR, STARTING WITH OAK RIDGE HIGH SCHOOL (ORLANDO) AND OSCEOLA HIGH SCHOOL (KISSIMMEE). THE 3DE MODEL TRANSFORMS HIGH SCHOOL EDUCATION BY INTEGRATING BUSINESS CONCEPTS AND REAL-WORLD CHALLENGES DIRECTLY INTO THE CLASSROOM ACROSS ALL CORE SUBJECTS.KEY EDUCATIONAL BENEFITS:1. ENHANCES RELEVANCE AND ENGAGEMENT BY CONNECTING ACADEMICS TO REAL-WORLD EXPERIENCES.2. DEEPENS UNDERSTANDING THROUGH SUSTAINED BUSINESS ENGAGEMENT.3. ENCOURAGES APPLICATION OF ACADEMIC CONCEPTS TO FOSTER SKILL DEVELOPMENT AND KNOWLEDGE RETENTION.OUTCOMES:IN 2023-2024, THE PROGRAM ENROLLED 954 STUDENTS ACROSS THREE HIGH SCHOOLS: OAK RIDGE, OSCEOLA, AND NEWLY ADDED OCOEE HIGH SCHOOL. STUDENTS PARTNERED WITH 150 BUSINESS PROFESSIONALS, PARTICIPATING IN NEARLY 700 HOURS OF COACHING AND PROBLEM-SOLVING EXERCISES BASED ON REAL BUSINESS CASE STUDIES.LOOKING AHEAD, TWO ADDITIONAL SCHOOLS-EAST RIVER HIGH SCHOOL AND INNOVATION HIGH SCHOOL-WILL LAUNCH 3DE PROGRAMS IN 2024-2025, FURTHER EXPANDING THE MODEL'S FOOTPRINT IN CENTRAL FLORIDA.JA INSPIRE: IS A HYBRID PROGRAM DESIGNED TO PREPARE MIDDLE SCHOOL STUDENTS FOR FUTURE CAREER OPPORTUNITIES THROUGH A COMBINATION OF CLASSROOM INSTRUCTION AND A HANDS-ON CAREER EXPO. THE PROGRAM IS COMPOSED OF THREE INTEGRATED COMPONENTS:1. EIGHT HOURS OF IN-CLASS SESSIONS2. PARTICIPATION IN THE JA INSPIRE CAREER EXPO3. A POST-EVENT CLASSROOM DEBRIEFAT THE EXPO, STUDENTS EXPLORE A WIDE RANGE OF CAREERS THROUGH INTERACTIVE EXHIBITS AND ACTIVITIES THAT REFLECT TOOLS AND TECHNOLOGIES USED IN VARIOUS INDUSTRIES. THIS EXPERIENCE IS CUSTOMIZED TO HIGHLIGHT HIGH-WAGE, HIGH-GROWTH SECTORS RELEVANT TO THE CENTRAL FLORIDA REGION.2023-2024, PROGRAM IMPACT:1. NEARLY 23,000 HOURS OF CLASSROOM AND EXPERIENTIAL INSTRUCTION DELIVERED2. OVER 7,000 8TH-GRADE STUDENTS ENGAGED ACROSS THE REGIONINITIALLY LAUNCHED IN 2018, THE FIRST JA INSPIRE EVENT BROUGHT TOGETHER 3,000 STUDENTS FROM ALL 14 OSCEOLA PUBLIC MIDDLE SCHOOLS. STUDENTS VISITED OSCEOLA HERITAGE PARK, WHERE THEY EXPLORED OVER 47,000 SQUARE FEET OF INTERACTIVE, CAREER-THEMED STATIONS.THE CONTINUED SUCCESS OF JA INSPIRE DEMONSTRATES JACF'S ABILITY TO CONNECT STUDENTS WITH REAL-WORLD CAREER PATHWAYS, HELPING THEM ENVISION THEIR FUTURES AND STRENGTHENING THE REGIONAL WORKFORCE PIPELINE.
Expenses $70,000 · Grants $70,000
As filed on the 2023 return. The filer continues this part on Schedule O, which is not shown here.
Listed in Part VII
-
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
-
KAREN REVELS
PRESIDENT & CEO
- Total calculated
- $226,964
- From this org
- $0
- From related orgs
- $201,356
- Other
- $25,608
- Hours/week
- 1 + 40 related
Schedule J breakdown matched by us
- Base
- $0 + $162,556 related
- Bonus
- $0 + $34,000 related
- Other
- $0 + $4,800 related
- Deferred
- $0
- Nontaxable benefits
- $0 + $25,608 related
- Filer's total
- $0 + $226,964 related
-
WALTER NASON
CFO
- Total calculated
- $14,844
- From this org
- $0
- From related orgs
- $13,249
- Other
- $1,595
- Hours/week
- 1 + 10 related
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
-
SUPPORT JUNIOR ACHIEVEMENT OF CENTRAL FLORIDA, INC.
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 ACHIEVEMENT OF CENTRAL FLORIDA INC
501(C)(3) · PROVIDE EDUCATIONAL PROGRAMMING · FL
Provenance
- Return type
- form_990
- Tax year
- 2023
- Filed
- 7 May 2025
- IRS schema version
- 2023v6.0
- Source object
- 202511279349303121
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