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CHARITY REVIEW
Issued: August 2023 Expires: August 2024

Junior Achievement of Southern Colorado

Accredited Charity
Accredited Charity

Meets Standards
Accreditation seal
(719) 636-2474
611 N Weber St Ste 201
Colorado Springs, CO, 80903-1072
https://soco.ja.org
📄 Full Report 🖨️ Print 📋 BBB Charity Standards

Standards For Charity Accountability

Governance

  1. Board Oversight
  2. Board Size
  3. Board Meetings
  4. Board Compensation
  5. Conflict of Interest

Measuring Effectiveness

  1. Effectiveness Policy
  2. Effectiveness Report

Finances

  1. Program Expenses
  2. Fundraising Expenses
  3. Accumulating Funds
  4. Audit Report
  5. Detailed Expense Breakdown
  6. Accurate Expense Reporting
  7. Budget Plan

Fundraising & Info

  1. Truthful Materials
  2. Annual Report
  3. Website Disclosures
  4. Donor Privacy
  5. Cause Marketing Disclosures
  6. Complaints

Junior Achievement of Southern Colorado meets the 20 Standards for Charity Accountability.

Stated Purpose:
"To inspire and prepare young people to succeed in a global economy."

Year, State Incorporated:
1955, CO

Junior Achievement has 106 local JA Areas across the nation, and together we are the nation's largest organization dedicated to giving young people the knowledge and skills they need to own their economic success, plan for their futures, and make smart academic and economic choices. JA's programs—in the core content areas of work readiness, entrepreneurship and financial literacy—ignite the spark in young people to experience and realize the opportunities and realities of work and life in the 21st century.

For the year ended June 30, 2022, Junior Achievement of Southern Colorado's program expenses were:

Programs $467,434
Total Program Expenses $467,434

Chief Executive
Anji Wood, President/CEO

Compensation*
$112,484

Chair of the Board
Becky Fuller, Community Volunteer

Chair's Profession / Business Affiliation

Board Size
19

Paid Staff Size
8

* Compensation includes annual salary and, if applicable, benefit plans, expense accounts and other allowances.

Method(s) Used:
Direct mail appeals, Invitations to fund raising events, Grant proposals, Internet, Appeals via Social Media (Facebook, etc.)

% of Related Contributions on Fundraising: 18.28%

This organization is tax-exempt under section 501(c)(3) of the Internal Revenue Code. It is eligible to receive contributions deductible as charitable donations for federal income tax purposes.

The following information is based on Junior Achievement of Southern Colorado's IRS Form 990 for the year ended June 30, 2022.

Source of Funds
Contributions and Grants $569,162
Investment Income $4,510
Total Income $573,672

Programs: 73% Fundraising: 16% Administrative: 11%

Total Income $573,672
Total expenses: $643,109
  Program expenses $467,434
  Fundraising expenses $104,064
  Administrative expenses $71,611
  Other expenses $0
Income in Excess of Expenses $-69,437
Beginning Net Assets $1,749,498
Other Changes In Net Assets $-22,158
Ending Net Assets $1,657,903
Total Liabilities $33,447
Total Assets $1,691,350

An organization may change its practices at any time without notice. A copy of this report has been shared with the organization prior to publication. It is not intended to recommend or deprecate, and is furnished solely to assist you in exercising your own judgment. If the report is about a charity and states the charity meets or does not meet the Standards for Charity Accountability, it reflects the results of an evaluation of information and materials provided voluntarily by the charity. The name Better Business Bureau is a registered service mark of the International Association of Better Business Bureaus.

This report is not to be used for fundraising or promotional purposes.

RELATED CONTENT

Report completed by:
BBB of Southern Colorado