Civic Intelligence

Junior Achievement of Greater Fairfield

EIN 06-0644315 • 501(c)3 • Shelton, CT

Profile

Junior achievement is dedicated to inspiring and preparing young people with the knowledge and skills they need to succeed in a global economy. We envision a world where young people have the skillset and mindset to build thriving communities.

100 BEARD SAWMILL ROAD Suite 605Shelton, CT 06484

www.jawct.org

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

82nd percentile

0.46x

Higher debt load relative to assets than 82% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Source year 2025

Liabilities / Revenue

81st percentile

0.49x

Higher debt load relative to revenue than 81% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Source year 2025

Net Margin

15th percentile

-20%

Higher net margin than 15% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Source year 2025

Top Officer Pay

91st percentile

$216,085

Higher top officer pay than 91% of similar nonprofits.

Top officer pay equals 16.1% of source-year revenue.

501(c)3 • $1M-$5M nonprofits • Source year 2025

Asset Growth

17th percentile

-9.6%

Faster asset growth than 17% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Annualized from 2024 to 2025

Revenue Growth

31st percentile

-3.3%

Faster revenue growth than 31% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Annualized from 2024 to 2025

Assets

Down

$1,405,406

Down $148,583 (-9.6%) from 2024

Liabilities

Up

$651,789

Up $123,297 (+23%) from 2024

Net Assets

Down

$753,617

Down $271,880 (-27%) from 2024

Revenue

Down

$1,338,070

Down $45,386 (-3.3%) from 2024

Expenses

Up

$1,599,301

Up $147,215 (+10%) from 2024

Net Income

Down

-$261,231

Down $192,601 (-281%) from 2024

Trend Graphs

Balance Sheet Trend

Grouped bars show assets, liabilities, and net assets across loaded filings.

$2.0M$1.5M$1.0M$500K$0Assets 2011: $305,108Liabilities 2011: $37,755Net Assets 2011: $267,3532011Assets 2012: $354,056Liabilities 2012: $57,098Net Assets 2012: $296,9582012Assets 2013: $436,447Liabilities 2013: $64,329Net Assets 2013: $372,1182013Assets 2014: $547,209Liabilities 2014: $81,199Net Assets 2014: $466,0102014Assets 2015: $613,626Liabilities 2015: $80,292Net Assets 2015: $533,3342015Assets 2016: $664,319Liabilities 2016: $59,052Net Assets 2016: $605,2672016Assets 2017: $498,670Liabilities 2017: $27,649Net Assets 2017: $471,0212017Assets 2018: $475,996Liabilities 2018: $29,965Net Assets 2018: $446,0312018Assets 2019: $1,332,101Liabilities 2019: $406,497Net Assets 2019: $925,6042019Assets 2020: $1,406,970Liabilities 2020: $431,827Net Assets 2020: $975,1432020Assets 2021: $1,681,983Liabilities 2021: $637,697Net Assets 2021: $1,044,2862021Assets 2022: $1,604,677Liabilities 2022: $547,731Net Assets 2022: $1,056,9462022Assets 2023: $1,669,873Liabilities 2023: $576,947Net Assets 2023: $1,092,9262023Assets 2024: $1,553,989Liabilities 2024: $528,492Net Assets 2024: $1,025,4972024Assets 2025: $1,405,406Liabilities 2025: $651,789Net Assets 2025: $753,6172025

Highlighted filing

2025

Assets$1,405,406
Liabilities$651,789
Net Assets$753,617

Operations Trend

Revenue, expenses, and net income by year, with the latest filing highlighted.

$2.0M$1.5M$1.0M$500K$0-$500KExpenses 2011: $594,3522011Expenses 2012: $613,5262012Revenue 2013: $734,815Expenses 2013: $658,968Net Income 2013: $75,8472013Revenue 2014: $835,401Expenses 2014: $741,142Net Income 2014: $94,2592014Revenue 2015: $887,433Expenses 2015: $820,109Net Income 2015: $67,3242015Revenue 2016: $785,899Expenses 2016: $713,966Net Income 2016: $71,9332016Revenue 2017: $692,222Expenses 2017: $826,468Net Income 2017: -$134,2462017Revenue 2018: $656,164Expenses 2018: $681,154Net Income 2018: -$24,9902018Revenue 2019: $1,266,423Expenses 2019: $1,173,117Net Income 2019: $93,3062019Revenue 2020: $1,095,165Expenses 2020: $1,045,627Net Income 2020: $49,5382020Revenue 2021: $1,234,361Expenses 2021: $1,165,214Net Income 2021: $69,1472021Revenue 2022: $1,296,620Expenses 2022: $1,281,368Net Income 2022: $15,2522022Revenue 2023: $1,330,609Expenses 2023: $1,292,981Net Income 2023: $37,6282023Revenue 2024: $1,383,456Expenses 2024: $1,452,086Net Income 2024: -$68,6302024Revenue 2025: $1,338,070Expenses 2025: $1,599,301Net Income 2025: -$261,2312025

Highlighted filing

2025

Revenue$1,338,070
Expenses$1,599,301
Net Income-$261,231

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Detailed filing. Detailed filing data is available for this year.$1.41$0.65$0.75$1.34$1.60$0.26
2024Detailed filing. Detailed filing data is available for this year.$1.55$0.53$1.03$1.38$1.45$0.07
2023Detailed filing. Detailed filing data is available for this year.$1.67$0.58$1.09$1.33$1.29$0.04
2022Detailed filing. Detailed filing data is available for this year.$1.60$0.55$1.06$1.30$1.28$0.02
2021Detailed filing. Detailed filing data is available for this year.$1.68$0.64$1.04$1.23$1.17$0.07
2020Detailed filing. Detailed filing data is available for this year.$1.41$0.43$0.98$1.10$1.05$0.05
2019Summary only. Only limited summary data is available for this year.$1.33$0.41$0.93$1.27$1.17$0.09
2018Summary only. Only limited summary data is available for this year.$0.48$0.03$0.45$0.66$0.68$0.02
2017Detailed filing. Detailed filing data is available for this year.$0.50$0.03$0.47$0.69$0.83$0.13
2016Detailed filing. Detailed filing data is available for this year.$0.66$0.06$0.61$0.79$0.71$0.07
2015Detailed filing. Detailed filing data is available for this year.$0.61$0.08$0.53$0.89$0.82$0.07
2014Detailed filing. Detailed filing data is available for this year.$0.55$0.08$0.47$0.84$0.74$0.09
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.44$0.06$0.37$0.73$0.66$0.08
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.35$0.06$0.30$0.61
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.31$0.04$0.27$0.59
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jul 1, 2024 to Jun 30, 2025
Signed
Nov 13, 2025
Return Version
2024v5.2
Gross Receipts
$1,672,492
Mission and Program Overview

Mission

JUNIOR ACHIVEMENT (JA) IS DEDICATED TO INSPIRING AND PREPARING YOUNG PEOPLE WITH THE KNOWLEDGE AND SKILLS THEY NEED TO SUCCEED IN A GLOBAL ECONOMY. Combining mentorship with skills crucial for students' future success, JA programs offer opportunities for K-12 students to develop 21st century career preparedness skills and learn about essential financial literacy and entrepreneurial concepts. As a solution provider, Junior Achievement of Greater Fairfield County (JAGFC) works with local youth and community members to achieve greater social and economic equity and to help close the opportunity gap. JA emphasizes systemic solutions that help break the poverty cycle and achieve lasting, positive change. JAGFC serves 20 towns in the Greater Fairfield County area.

Junior achievement inspires and prepares young people to succeed in a global economy.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$782,315$710,661▼ $71,654
Prepaid Expenses and Deferred Charges$209,365$224,524▲ $15,159
Investments in Publicly Traded Securities$181,101$191,829▲ $10,728
Pledges and Grants Receivable$365,138$114,658▼ $250,480
Land, Buildings, and Equipment, Net$10,720$9,385▼ $1,335
Savings and Temporary Cash Investments$0$0→ $0
Accounts Receivable$0$0→ $0
Other Notes and Loans Receivable, Net$0$0→ $0
Receivable From Disqualified Prsn$0$0→ $0
Receivables From Officers Etc$0$0→ $0
Investments Other Securities$0$0→ $0
Investments Program Related$0$0→ $0
Intangible Assets$0$0→ $0
Inventories for Sale or Use$0$0→ $0
Loans From Officers Directors$0$0→ $0
Total Assets$1,553,989$1,405,406▼ $148,583
Other Assets Total$5,350$154,349▲ $148,999
Liabilities
Deferred Revenue$400,000$388,688▼ $11,312
Other Liabilities$0$151,617▲ $151,617
Accounts Payable and Accrued Expenses$128,492$111,484▼ $17,008
Grants Payable$0$0→ $0
Mortgage Notes Payable Secured by Investment Property$0$0→ $0
Unsecured Notes Loans Payable$0$0→ $0
Escrow Account Liability$0$0→ $0
Tax Exempt Bond Liabilities$0$0→ $0
Total Liabilities$528,492$651,789▲ $123,297
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$945,550$668,651▼ $276,899
Net Assets With Donor Restrictions$79,947$84,966▲ $5,019
Total Net Assets Fund Balance$1,025,497$753,617▼ $271,880
Total Liabilities and Net Assets / Fund Balance$1,553,989$1,405,406▼ $148,583

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$9,385$29,118$38,503
Other Land Buildings-$0$0
Other Assets Org$5,350--

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2024$65,370---$65,370
2023$65,370---$65,370
2022$65,370---$65,370
2021$65,370---$65,370
2020$65,370-▲ $750-$65,370
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Bernadine VendittoPresident - Thru 6/30/25FT$216,085$216,085
Nicholas HoffmanDirector of DevelopmentFT$116,741$116,741

Board Members and Trustees

Revenue and Support

Revenue Composition

Contributions and Grants
$1,198,936
Program Service Revenue
$0
Investment Income
$29,140
Other Revenue
$109,994
All Other Contributions
$1,029,936
Change in Net Assets
$-261,231

Audited Revenue Reconciliation

Revenue per Audited Statements
$1,338,070
Revenue Not Reported on Form 990
$3,682
Total Revenue per Audited Statements
$1,341,752
Total Revenue per Form 990
$1,338,070
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$1,027,774
Other Expenses$569,477
Total Fundraising Expense$101,203
Grants and Similar Amounts Paid$2,050
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$535,494$70,124$31,875$637,493
Current Officers, Directors, Trustees, and Key Employees$188,671$24,707$11,230$224,608
Fees for Services Other$136,519$49,584$38,300$224,403
Payments to Affiliates$178,113--$178,113
Payroll Taxes$61,126$8,004$3,638$72,768
Other Employee Benefits$40,037$5,243$2,383$47,663
Pension Plan Contributions$38,003$4,977$2,262$45,242
Occupancy$30,783$4,031$1,832$36,646
All Other Expenses$10,877$11,671$2,001$24,549
Office Expenses$15,915$5,487$904$22,306
Fees for Services Accounting-$18,000-$18,000
Insurance$4,578$3,912-$8,490
Conferences and Meetings$2,253$3,319$2,017$7,589
Travel$4,342$423$2,199$6,964
Depreciation Depletion$3,616$473$215$4,304
Grants to Domestic Individuals$2,050--$2,050
Other Expenses$574$75$1,620$649
Total Functional Expenses$1,286,285$211,813$101,203$1,599,301

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$1,613,632
Expenses per Audited Statements$1,599,301
Total Expenses per Form 990$1,599,301
Expenses Not Reported on Form 990$14,331
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$442,416
Fundraising Direct Expenses$334,422
Gaming Direct Expenses$0
Gaming Gross Income$0
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Golf Event$597,416$442,416$334,422$107,994
Total Events$597,416$442,416$334,422$107,994
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Insider Transactions and Loans

Loans and Receivables

Line ItemBeginningEndChange
Loans from Officers, Directors, Trustees, and Key Employees$0$0→ $0
Receivables from Disqualified Persons$0$0→ $0
Receivables from Officers, Directors, Trustees, and Key Employees$0$0→ $0
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Lease Liability$151,617
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
Yes
Other officer compensation reviewed
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990 Part VI Sec B Line 11B

A copy of the form 990 is made available to the board of directors prior to filing.

Form 990 Part VI Sec B Line 12C

Annually the executive administrative assistant gives all board members a new conflict of interest policy form at the annual meeting and follows up with any not collected at that time. The office manager receives renewed forms each year from all of the staff.

From 990 Part VI Sec B Line 15A

The executive committee reviews junior achievement usa data, comparable not-for-profit market data, and performance measures to make a determination of a salary for the president. The president recommends staff salaries. The executive committee recommends the president's salary.

Form 990 Part VI Sec C Line 19

The organization makes its governing documents, conflict of interest policy, as well as its financial statements available upon request. Additionally this information can be found on www.guidestar.org.

Filing and Contact Details

Filer

Filer Name
Junior Achievement of Greater Fairfield
EIN
06-0644315
In Care Of
% THE ORGANIZATION
Phone
2033820180
Address
100 BEARD SAWMILL ROAD Suite 605, SHELTON, CT 06484

Signing Officer

Name
Kim Morgan
Title
President
Phone
2033820180
Signed
2025-11-13
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Kim Morgan
Formed
1950
Legal Domicile
Ct
Voting Board Members
25
Independent Board Members
25
Employees
11
Volunteers
566

Preparer

Firm
Nanavaty Davenport Studley White
Address
123 South Main St Suite 140, Newtown, CT 06470
Preparer
Glenn J Nanavaty
Phone
2034268500
Supplemental Narrative

Additional Explanations

FORM 990 - PART III, LINE 1: ORGANIZATION'S MISSION

Junior achievement is dedicated to inspiring and preparing young people with the knowledge and skills they need to succeed in a global economy. We envision a world where young people have the skillset and mindset to build thriving communities. As a solution provider, junior achievement of greater fairfield county (jagfc) works with local youth and community members to achieve greater social and economic equity. Ja's student experiences for young people focus on three pathways: financial literacy, work and career readiness, and entrepreneurship. Through relevant and innovative programs taught by volunteer role models, we provide the bridge from education to workforce. We act as connectors between youth and business leaders, who are role models for students as they lead programs. Combining mentorship with skills building, our interventions help to boost economic mobility and build generational wealth. While junior achievement programs are beneficial to all k-12 students, regardless of demographic, jagfc places an emphasis on youth who have a greater risk of dropping out of school and are less likely to achieve economic self-suffiency. Through three strategic approaches, increasing financial security through financial literacy; narrowing the income gap through career and work readiness;and leveling the playing field through entrepreneurship, our aim is to encourage economic empowerment.

Form 990 Part IX Line 11G

Description:other professional fees total fees:42737

Form 990 Part IX Line 11G

Description:contract hires total fees:181666

Financial Statement Notes

Part V Line 4

Jagfc endowment consists of several individual funds established for a variety of purposes, including some for scholarships. Its endowment includes both donor- restricted endowment funds and funds designated by the board of directors to function as an endowment.

Part X Line 2

Jagfc evaluates all significant tax positions as required by accounting principles generally accepted in the united states of america. As of june 30, 2024, jagfc does not believe that it has taken any positions that would eequire the recording of any additional tax liability nor does it believe that there are any unrealized tax benefits that would either increase or decrease in the next tax year. As of june 30,2025, tax years dating back three years remain open by federal and state authorities.

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IRS990/Desc0THE FOCUS OF JUNIOR ACHIEVEMENT OF GREATER FAIRFIELD COUNTY (JAGFC) IS ECONOMIC EMPOWERMENT AND YOUTH DEVELOPMENT. JAGFC SERVES AS THE BRIDGE BETWEEN THE ACADEMIC AND BUSINESS COMMUNITIES TO PREPARE YOUNG PEOPLE FOR THE REAL WORLD ENSURING THAT EVERY YOUNG PERSON IN GREATER FAIRFIELD COUNTY IS SUFFICIENTLY PREPARED TO PURSUE THEIR CARRER OF CHOICE AND MANAGE THEIR PERSONAL FINANCES. OUR VOLUNTEER-DELIVERED PROGRAMS FOR KIDS THROUGH YOUNG ADULTS PROMOTE FINANCIAL STABILITY, WORKFORCE READINESS SKILLS, AND AN ENTREPRENURIAL MINDSET AS WELL AS GIVE STUDENTS THE OPPORTUNITY TO PRACTICE AND DEVELOP SOFT SKILLS , SUCH AS COMMUNICATION, COLLABORATION, CREATIVITY AND CRITICAL THINKING. THESE SKILLS WILL NOT ONLY IMPROVE THEIR LIVES BUT WILL BOLSTER THEIR FAMILIES, THEIR COMMUNITIES, AND OUR NATION.
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IRS990/Form990PartVIISectionAGrp/TitleTxt0PRESIDENT - THRU 6/30/25
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IRS990/MissionDesc0JUNIOR ACHIEVEMENT IS DEDICATED TO INSPIRING AND PREPARING YOUNG PEOPLE WITH THE KNOWLEDGE AND SKILLS THEY NEED TO SUCCEED IN A GLOBAL ECONOMY. WE ENVISION A WORLD WHERE YOUNG PEOPLE HAVE THE SKILLSET AND MINDSET TO BUILD THRIVING COMMUNITIES.
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