Form 990 for tax year 2022

Revenue

Part VIII, the statement of revenue.

• 1c · Fundraising events

  $17,260

• 1d · Related organizations

  $287,929

• 1f · All other contributions, gifts and grants

  $2,068,132

• 1g · Noncash contributions included above

  $2,781

• 3 · Investment income

  total $194,453 · excluded $194,453

• 7a · Gross sales of assets other than inventory

  securities $8,045,063

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

  securities $7,874,723 · other assets $16,540

• 7c · Gain or loss

  securities $170,340 · other assets -$16,540

• 7d · Net gain or loss

  total $153,800 · related or exempt -$16,540 · excluded $170,340

• 8a · Fundraising events: gross income

  $3,340

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

  $17,260

• 8b · Fundraising events: direct expenses

  $12,244

• 8c · Net income from fundraising events

  total -$8,904 · excluded -$8,904

• 9a · Gaming: gross income

  $33,370

• 9b · Gaming: direct expenses

  $100

• 9c · Net income from gaming

  total $33,270 · excluded $33,270

Functional expenses

Part IX, the statement of functional expenses.

• 1 · Grants to domestic organizations and governments

  total $392,270 · program services $392,270

• 5 · Compensation of officers, directors and key employees

  total $205,962 · program services $88,517 · management and general $55,868 · fundraising $61,577

• 7 · Other salaries and wages

  total $75,000 · program services $32,233 · management and general $20,344 · fundraising $22,423

• 10 · Payroll taxes

  total $22,325 · program services $9,594 · management and general $6,056 · fundraising $6,675

• 11f · Fees: investment management

  total $32,139 · management and general $32,139

• 11g · Fees: other

  total $30,000 · management and general $30,000

• 13 · Office expenses

  total $33 · management and general $33

• 17 · Travel

  total $2,042 · program services $1,736 · fundraising $306

• 22 · Depreciation, depletion and amortization

  total $386,242 · program services $347,618 · management and general $19,312 · fundraising $19,312

• 24a · Other expenses: SUBSCRIPTIONS AND DUES

  total $7,450 · program services $3,725 · fundraising $3,725

• 24b · Other expenses: BOARD ACTIVITIES

  total $590 · management and general $295 · fundraising $295

Balance sheet

Part X, book values.

• 1 · Cash, non-interest-bearing

  beginning of year $483,977 · end of year $897,673

• 3 · Pledges and grants receivable

  beginning of year $895,360 · end of year $126,768

• 4 · Accounts receivable

  beginning of year $33,235 · end of year $295,161

• 9 · Prepaid expenses and deferred charges

  beginning of year $100

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

  $9,825,663

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

  $1,470,161

• 10c · Land, buildings and equipment, net

  beginning of year $8,711,226 · end of year $8,355,502

• 11 · Investments: publicly traded securities

  beginning of year $4,898,772 · end of year $7,279,568

• 17 · Accounts payable and accrued expenses

  beginning of year $57,000 · end of year $12,660

• 18 · Grants payable

  beginning of year $985

• 27 · Net assets without donor restrictions

  beginning of year $10,116,022 · end of year $11,812,373

• 28 · Net assets with donor restrictions

  beginning of year $4,848,663 · end of year $5,129,639

The filer's explanations (Part III)

SCHEDULE J, PAGE 1, PART I, LINE 3

JUNIOR ACHIEVEMENT OF NORTHERN INDIANA, A RELATED ORGANIZATION, HAS A COMPENSATION COMMITTEE THAT MEETS TO SET THE PRESIDENT'S SALARY. THE COMMITTEE USES THE CAREER AND COMPENSATION FRAMEWORK DESIGNED BY WILLIS TOWERS WATSON. THIS IS A MARKET-BASED APPROACH THAT IS ANCHORED IN MARKET COMPETITIVENESS AND CLOSELY CORRELATED WITH OUR ORGANIZATION'S SIZE AND GEOGRAPHIC LOCATION.