Junior Achievement North

“The executive committee shall be appointed by the board of directors. Except as restricted by the board of directors, it shall have and exercise the authority of the board in the management of the business of the corporation. The executive committee shall act only in the intervals between meetings of the board and shall at all times be subject to the control and direction of the board.”

“The form 990 is provided to the finance committee for review. After the finance committee reviews the form 990, a copy of the form 990 is provided to the board for review and approval prior to filing the return.”

“All employees and ja area board members (including advisory boards) are required to complete and sign a conflict of interest declaration upon assuming their ja responsibilities and annually thereafter, which shall be retained in local personnel files. Should any transaction or act of any employee or area board member constitute a possible conflict of interest, the individual is required to disclose all of the relevant facts for consideration to determine whether a conflict of interest actually exists, and if so, the manner in which it should be resolved. The president and cfo have responsibility for monitoring and enforcing the conflict of interest policy.”

“Junior achievement usa, inc. (jausa) and junior achievement north utilize a career and compensation framework designed in partnership with willis towers watson. The career and compensation framework ranges are benchmarked against the external labor market and are a source of comparable compensation data. Each year, ja north's board chair receives the career & compensation framework information from jausa that benchmarks the president's position and establishes a market-based compensation range. The board chair, pastchair and incoming chair, to ensure continuity in process, reviews this data and the organization's performance metrics, and in consultation with the executive committee, determines the annual salary of the president. The executive committee approves the final compensation package for the president. For all other positions, ja north uses equi-comp data provided by jausa, local benchmark data and employee performance information to determine compensation. For these positions, compensation is determined and approved by the ja north president in consultation with the senior leadership team.”

“The organization makes its governing documents, conflict of interest policy, and audited financial statements available to the public upon request.”

“Junior achievement north prepares young people with the skillset and mindset to build thriving communities. Through financial literacy, career readiness and entrepreneurial programming, we play a critical role in addressing the skills, wealth, and opportunity gaps our communities face. Junior achievement north offers programming to k-12 students across its region, which helps students build financial stability, connects them to real life skills and careers, ignites youth entrepreneurship, and cultivates engaged community leaders. Junior achievement empowers students to make connections between what they learn in school and how it can be applied in the real world. This approach enhances the relevance of their classroom learning and demonstrates the power of education in future endeavors. Programs and materials are generally available free of charge to schools and educators located in a sponsored school district, with the exception of capstone programs. During the 2022-2023 school year, we partnered with schools and 6,214 volunteers to teach our curriculum to 105,613 students in minnesota, north dakota and western wisconsin.”

“The oversight and selection process for the audit of the financial statements did not change from the prior year.”