Civic Intelligence

Junior Achievement of the Heartland Inc

990 • Fiscal year 2017 • EIN 36-2684253

Jul 01, 2016 to Jun 30, 2017 • Filed on Nov 28, 2017

800 12th AvenueMoline, IL 61265

(309) 736-1630

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

42nd percentile

0.05x

Higher debt load relative to assets than 42% of similar nonprofits.

2017 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2017

Liabilities / Revenue

38th percentile

0.05x

Higher debt load relative to revenue than 38% of similar nonprofits.

2017 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2017

Net Margin

14th percentile

-19%

Higher net margin than 14% of similar nonprofits.

2017 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2017

Top Officer Pay

84th percentile

$152,379

Higher top officer pay than 84% of similar nonprofits.

Top officer pay equals 10.0% of source-year revenue.

2017 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2017

Asset Growth

8th percentile

-15%

Faster asset growth than 8% of similar nonprofits.

2017 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2016 to 2017

Revenue Growth

12th percentile

-22%

Faster revenue growth than 12% of similar nonprofits.

2017 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2016 to 2017

Assets

Down

$1,543,779

Down $279,056 (-15%) from 2016

Net Assets

Down

$1,465,819

Down $274,926 (-16%) from 2016

Liabilities

Down

$77,960

Down $4,130 (-5.0%) from 2016

Revenue

Down

$1,523,995

Down $427,895 (-22%) from 2016

Expenses

Up

$1,816,537

Up $12,403 (+0.7%) from 2016

Net Income

Down

-$292,542

Down $440,298 (-298%) from 2016

Historical Trend

Balance Sheet Trend

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$6.0M$4.0M$2.0M$0Assets 2011: $1,897,668Liabilities 2011: $81,755Net Assets 2011: $1,815,9132011Assets 2012: $1,956,555Liabilities 2012: $96,532Net Assets 2012: $1,860,0232012Assets 2013: $1,931,015Liabilities 2013: $85,553Net Assets 2013: $1,845,4622013Assets 2014: $1,854,324Liabilities 2014: $92,211Net Assets 2014: $1,762,1132014Assets 2015: $1,711,223Liabilities 2015: $111,014Net Assets 2015: $1,600,2092015Assets 2016: $1,822,835Liabilities 2016: $82,090Net Assets 2016: $1,740,7452016Assets 2017: $1,543,779Liabilities 2017: $77,960Net Assets 2017: $1,465,8192017Assets 2018: $1,262,867Liabilities 2018: $63,429Net Assets 2018: $1,199,4382018Assets 2019: $1,221,166Liabilities 2019: $64,609Net Assets 2019: $1,156,5572019Assets 2020: $1,249,672Liabilities 2020: $361,617Net Assets 2020: $888,0552020Assets 2021: $1,463,905Liabilities 2021: $336,066Net Assets 2021: $1,127,8392021Assets 2022: $1,846,335Liabilities 2022: $185,602Net Assets 2022: $1,660,7332022Assets 2023: $2,876,143Liabilities 2023: $137,973Net Assets 2023: $2,738,1702023Assets 2024: $4,595,698Liabilities 2024: $724,140Net Assets 2024: $3,871,5582024

Highlighted filing

2017

Assets$1,543,779
Liabilities$77,960
Net Assets$1,465,819

Operations Trend

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$3.0M$2.0M$1.0M$0-$1.0MExpenses 2011: $1,458,1132011Expenses 2012: $1,440,0692012Expenses 2013: $1,512,4932013Revenue 2014: $1,593,330Expenses 2014: $1,694,567Net Income 2014: -$101,2372014Revenue 2015: $1,573,785Expenses 2015: $1,722,898Net Income 2015: -$149,1132015Revenue 2016: $1,951,890Expenses 2016: $1,804,134Net Income 2016: $147,7562016Revenue 2017: $1,523,995Expenses 2017: $1,816,537Net Income 2017: -$292,5422017Revenue 2018: $1,414,199Expenses 2018: $1,689,513Net Income 2018: -$275,3142018Revenue 2019: $1,476,376Expenses 2019: $1,490,325Net Income 2019: -$13,9492019Revenue 2020: $1,276,119Expenses 2020: $1,535,570Net Income 2020: -$259,4512020Revenue 2021: $1,439,282Expenses 2021: $1,247,005Net Income 2021: $192,2772021Revenue 2022: $1,996,940Expenses 2022: $1,416,949Net Income 2022: $579,9912022Revenue 2023: $2,628,700Expenses 2023: $1,570,685Net Income 2023: $1,058,0152023Revenue 2024: $2,964,992Expenses 2024: $1,844,063Net Income 2024: $1,120,9292024

Highlighted filing

2017

Revenue$1,523,995
Expenses$1,816,537
Net Income-$292,542
Jump To
Filing Snapshot
Filing Period
Jul 1, 2016 to Jun 30, 2017
Signed
Nov 28, 2017
Return Version
2016v3.0
Gross Receipts
$1,650,072
Mission and Program Overview

Mission

Junior achievement (ja) is a worldwide organization that inspires and prepares young people to succeed in a global economy. They do this by providing work-readiness, financial literacy and entrepreneurship programs to students in kindergarten through high school. Through these programs and the support of businesses and individuals, ja reinforces the relevancy of schools' curriculum and empowers young people to own their economic success.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$824,198$784,876▼ $39,322
Savings and Temporary Cash Investments$411,065$394,219▼ $16,846
Pledges and Grants Receivable$322,820$169,860▼ $152,960
Prepaid Expenses and Deferred Charges$14,734$37,798▲ $23,064
Cash and Non-Interest-Bearing Accounts$124,232$20,832▼ $103,400
Total Assets$1,822,835$1,543,779▼ $279,056
Other Assets Total$125,786$136,194▲ $10,408
Liabilities
Accounts Payable and Accrued Expenses$81,738$65,332▼ $16,406
Other Liabilities$352$12,628▲ $12,276
Total Liabilities$82,090$77,960▼ $4,130
Net Assets / Fund Balance
Unrestricted Net Assets$1,361,527$1,270,894▼ $90,633
Permanently Rstr Net Assets$141,500$141,500→ $0
Temporarily Rstr Net Assets$237,718$53,425▼ $184,293
Total Net Assets Fund Balance$1,740,745$1,465,819▼ $274,926
Total Liabilities and Net Assets / Fund Balance$1,822,835$1,543,779▼ $279,056

Asset Categories

AssetBook ValueDepreciationBasis
Leasehold Improvements$253,019$650,266$903,285
Buildings$295,936$378,148$674,084
Equipment$94,421$314,172$408,593
Land$141,500-$141,500
Other Assets Org$136,194--

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2016$557,504$70,921-$244,806$383,619
2015$374,543$292,062-$109,101$557,504
2014$396,738$109,145-$131,340$374,543
2013$425,660$99,710-$128,632$396,738
2012$373,043$147,710-$95,093$425,660
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Barbara a Ven HorstPresidentFT$140,236$12,143$152,379

Board Members and Trustees

NameTitle
Mike VondranChair
Lance HeuerVice Chair
Arthur TateDirector
Brendan JohnDirector
Brian DuffyDirector
Caitlin RussellDirector
Chad UlrichDirector
Christy GauseDirector
Debbie AnselmDirector
Eric WhiteDirector
James AndersonDirector
Jay MorrowDirector
Joe StuttingDirector
John ArcherDirector
John MannDirector
Jorge RodriguezDirector
Joshua MaxfieldDirector
Judy WolfDirector
Lynn GibsonDirector
Marshall PorterDirector
Michele Beckenbaugh - SimpsonDirector
Mike ThomsDirector
Nick KremerDirector
Robert HowardDirector
Stephanie AcriDirector
Ted Olt IiiSecretary
Ryan WeberTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$1,472,728
Program Service Revenue
$87,325
Investment Income
$3,114
Other Revenue
$-39,172
All Other Contributions
$1,061,815
Change in Net Assets
$-292,542

Noncash Contribution Practices

Property subject to holding requirements
No
Reviewed unusual noncash gifts
No
Third parties used for noncash contributions
No

Noncash Contributions

Contribution TypeContribution CountReported AmountValuation Method
Other Non Cash Contri Table207$50,854Fair Market Value
Total Noncash Contributions207$50,854-

Audited Revenue Reconciliation

Revenue per Audited Statements
$1,523,995
Revenue Not Reported on Form 990
$168,551
Total Revenue per Audited Statements
$1,692,546
Total Revenue per Form 990
$1,523,995
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$1,160,702
Other Expenses$655,835
Total Fundraising Expense$457,295
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$336,079$216,025$293,671$845,775
Current Officers, Directors, Trustees, and Key Employees-$79,696$53,130$132,826
Depreciation Depletion$52,540$20,036$20,036$92,612
Other Employee Benefits$23,152$30,038$28,890$82,080
Office Expenses$46,666$19,952$10,842$77,460
Payroll Taxes$27,027$24,013$19,717$70,757
Payments to Affiliates$51,532--$51,532
Pension Plan Contributions$5,091$18,873$5,300$29,264
Travel$9,266$9,001$4,892$23,159
All Other Expenses$7,349$265$7,234$14,848
Occupancy$8,677$2,722$1,479$12,878
Advertising$3,409$5,407$2,938$11,754
Other Expenses$10,028$12,120$6,587$10,028
Information Technology$4,562$3,039$1,652$9,253
Fees for Services Accounting-$6,500-$6,500
Insurance$2,656$1,706$927$5,289
Total Functional Expenses$909,849$449,393$457,295$1,816,537

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$1,967,472
Expenses per Audited Statements$1,816,537
Total Expenses per Form 990$1,816,537
Expenses Not Reported on Form 990$150,935
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Direct Expenses$103,013
Fundraising Gross Income$55,841
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Golf Tournament$123,265$35,037$22,774$12,263
Bowl-a-thon$247,774$20,804$33,450$-12,646
Total Events$398,478$55,841$103,013$-47,172
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Capital Lease Obligation$12,628
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Backup withholding compliance
Yes
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, Page 6, Part VI, Line 11B

A draft copy of form 990 is provided to the finance and audit committee for review prior to filing. The committee is authorized to approve the form 990 on behalf of the board as a whole. The full board is also provided access to the form 990 via email for review prior to filing.

Form 990, Page 6, Part VI, Line 12C

Section 4 of article iii of the conflict of interest policy specifically addresses violations of the policy. If the board has cause to believe a member has failed to disclose actual or possible conflicts, the member will be advised and afforded an opportunity to explain the alleged failure to disclose the conflict. If a violation is found to exist after investigation, the matter shall be referred to the board for further review and appropriate disciplinary or corrective action. The board also seeks to monitor the policy through the annual disclosure process. Under the policy, completed disclosure forms will be reviewed by the governance committee to identify potential conflicts to ensure that administration and the board are aware of those conflicts in the event a transaction that gives rise to a potential conflict is under consideration by the board. In addition, the organization has a whistleblower policy which encourages board members to identify any known violations of its policies.

Form 990, Page 6, Part VI, Line 15A

The board practice has been for the current board chair, immediate past chair and chair elect to conduct the evaluation process of the president and determine whether any adjustments to compensation need to be made. This group receives compensation data provided by junior achievement-usa to use as a benchmark for compensation along with our market data. Any changes to compensation methods are contemporaneously documented.

Form 990, Page 6, Part VI, Line 19

The organization's articles of incorporation are a matter of public record and are on file with the iowa secretary of state. The organization also provides a financial summary in an annual report distributed to its donors and others who maintain an interest in the organization. The annual report is readily available to those who request it. Requests for other governing documents, board policies and financial information to the public are handled on a case by case basis.

Filing and Contact Details

Filer

Filer Name
Junior Achievement of
EIN
36-2684253
Phone
3097361630
Address
800 12TH AVENUE, MOLINE, IL 61265

Signing Officer

Name
Mary Ellen Johnson
Title
Senior VP
Phone
3092773907
Signed
2017-11-28
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Barbara a Ven Horst
Formed
1956
Legal Domicile
Ia
Voting Board Members
27
Independent Board Members
27
Employees
28
Volunteers
3,100

Preparer

Firm
Anderson Lower Whitlow Pc
Address
1805 STATE ST STE 201, BETTENDORF, IA 52722
Preparer
Barry L Anderson
Phone
5633594757
Supplemental Narrative

Additional Explanations

FORM 990 - ORGANIZATION'S MISSION

Junior achievement (ja) is a worldwide organization that inspires and prepares young people to succeed in a global economy. They do this by providing work-readiness, financial literacy and entrepreneurship programs to students in kindergarten through high school. Through these programs and the support of businesses and individuals, ja reinforces the relevancy of schools' curriculum and empowers young people to own their economic success.

Form 990, Page 2, Part III, Line 4D

High school: junior achievement's high school programs help students make informed, intelligent decisions about their future, and foster skills that will be highly useful in the business world. With a range of different programs, junior achievement teaches about concepts relating to entrepreneurship, financial literacy, and work readiness. Career cruising: a fully integrated program that brings together education and industry to help students achieve their goals and address the community's workforce and development needs.

Financial Statement Notes

Schedule D, Page 2, Part V, Line 4

The term endowment fund will be used to support the organization's activities. Distributions from the term endowment fund are limited to 5% per year of the fund's average balance as of december 31. The board designated and temporarily restricted funds will be used to support scholarships, program services and maintenance expenses. The permanent fund consists of a long-term land lease relating to the organization's facility.

Schedule D, Page 3, Part X

The organization is exempt from federal and state income taxes through its franchise agreement with junior achievement - usa which has received notification from the internal revenue service that it qualifies as a tax- exempt organization under section 501(c)(3) of the internal revenue code. The organization evaluates the tax benefits of a tax position using the "more than likely not" threshold. As of june 30, 2017, management is not aware of any uncertain tax positions and related tax benefits which would be material to the organization's financial statements. The organization files u.s. Federal and illinois information returns which for fiscal years subsequent to 2013 are subject to examination by taxing authorities.

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IRS990/MissionDesc0JUNIOR ACHIEVEMENT (JA) IS A WORLDWIDE ORGANIZATION THAT INSPIRES AND PREPARES YOUNG PEOPLE TO SUCCEED IN A GLOBAL ECONOMY. THEY DO THIS BY PROVIDING WORK-READINESS, FINANCIAL LITERACY AND ENTREPRENEURSHIP PROGRAMS TO STUDENTS IN KINDERGARTEN THROUGH HIGH SCHOOL. THROUGH THESE PROGRAMS AND THE SUPPORT OF BUSINESSES AND INDIVIDUALS, JA REINFORCES THE RELEVANCY OF SCHOOLS' CURRICULUM AND EMPOWERS YOUNG PEOPLE TO OWN THEIR ECONOMIC SUCCESS.
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Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$4.60$0.72$3.87$2.96$1.84$1.12
2023Detailed filing. Detailed filing data is available for this year.$2.88$0.14$2.74$2.63$1.57$1.06
2022Detailed filing. Detailed filing data is available for this year.$1.85$0.19$1.66$2.00$1.42$0.58
2021Detailed filing. Detailed filing data is available for this year.$1.46$0.34$1.13$1.44$1.25$0.19
2020Detailed filing. Detailed filing data is available for this year.$1.25$0.36$0.89$1.28$1.54$0.26
2019Detailed filing. Detailed filing data is available for this year.$1.22$0.06$1.16$1.48$1.49$0.01
2018Detailed filing. Detailed filing data is available for this year.$1.26$0.06$1.20$1.41$1.69$0.28
2017Detailed filing. Detailed filing data is available for this year.$1.54$0.08$1.47$1.52$1.82$0.29
2016Detailed filing. Detailed filing data is available for this year.$1.82$0.08$1.74$1.95$1.80$0.15
2015Detailed filing. Detailed filing data is available for this year.$1.71$0.11$1.60$1.57$1.72$0.15
2014Detailed filing. Detailed filing data is available for this year.$1.85$0.09$1.76$1.59$1.69$0.10
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.93$0.09$1.85$1.51
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.96$0.10$1.86$1.44
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.90$0.08$1.82$1.46