Overview
What is Junior Achievement Of Greater Hampton Roads Inc?
Junior Achievement of Greater Hampton Roads Inc. is a nonprofit organization situated in Virginia Beach, Virginia. With a team of six dedicated individuals, they specialize in preparing students from grades K-12 through innovative programs. Leveraging the support of community volunteers, they engage students in interactive lessons, focusing on essential economic and business concepts such as economics, financial literacy, entrepreneurship, and work readiness. The organization's mission is to empower young learners, fostering their understanding of these vital topics to prepare them for their future endeavors.
Official website here: www.jahamptonroads.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 97%, Four-Star out of Four Star rating.
Junior Achievement of Greater Hampton Roads Inc has achieved an impressive overall score of 97%, reflecting a strong commitment to accountability and finance. This rating is derived solely from their performance in financial metrics, indicating that the organization is effectively managing its resources and demonstrating transparency in its operations. The organization has received full marks in various categories such as having an entirely independent board and maintaining excellent financial ratios.
The charity's financial health is underscored by a program expense ratio of 91.06%, suggesting that a significant majority of its expenditures directly support its programs. Additionally, the lack of material diversion of assets and a low liabilities-to-assets ratio of 26.38% further signify prudent financial management. This level of accountability promotes trust among donors and stakeholders, bolstering the nonprofit's reputation in the community.
While the data highlights considerable strengths in governance and financial practices, there are no specific limitations noted in the provided information. Overall, Junior Achievement of Greater Hampton Roads Inc stands out for its strong performance and effective operational oversight, which are essential for the sustainability and growth of its educational programs.
This AI summary has been generated from information found on Charity Navigator.
Is Junior Achievement Of Greater Hampton Roads Inc legitimate?
Junior Achievement Of Greater Hampton Roads Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Junior Achievement Of Greater Hampton Roads Inc submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.
Heare are some key statistics you may want to consider:
Executive Compensation: $90,750
Professional Fundraising Fees: $0
Other Salaries and Wages: $146,010
For more financial information, click here
Official website here: www.jahamptonroads.org
What is the mission statement of Junior Achievement Of Greater Hampton Roads Inc?
Junior Achievement of Greater Hampton Roads Inc's mission is centered around educating students from grades K-12, both in classrooms and afterschool programs. The organization focuses on teaching essential topics such as economics, financial literacy, entrepreneurship, and work readiness. Through interactive sessions led by community volunteers, they aim to instill a thorough understanding of economic and business concepts in the students, thereby preparing them for their future. The mission of Junior Achievement of Greater Hampton Roads Inc is to empower the youth with the necessary skills to navigate the professional world effectively.
Official website here: www.jahamptonroads.org
Who is the CEO of Junior Achievement Of Greater Hampton Roads Inc?
Frank E Hughlett is the Chairman of Junior Achievement Of Greater Hampton Roads Inc.
Official website here: www.jahamptonroads.org
What is the revenue of Junior Achievement Of Greater Hampton Roads Inc?
Junior Achievement Of Greater Hampton Roads Inc's revenue in 2023 was $467,368.
Official website here: www.jahamptonroads.org
Who are the executives of Junior Achievement Of Greater Hampton Roads Inc and what are their salaries?
The average compensation at Junior Achievement Of Greater Hampton Roads Inc during 2023 was $39,460. There are 6 employees and 260 volunteers at Junior Achievement Of Greater Hampton Roads Inc.
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- Compensation: $97,656
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Official website here: www.jahamptonroads.org
Where can I find the form 990 for Junior Achievement Of Greater Hampton Roads Inc?
Junior Achievement Of Greater Hampton Roads Inc's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.jahamptonroads.org
Learn more at the official website: www.jahamptonroads.org
Mission Statement of Junior Achievement Of Greater Hampton Roads Inc
Junior Achievement of Greater Hampton Roads Inc is committed to educating students in grades K-12 about essential economic, financial literacy, entrepreneurship, and work readiness concepts. Through their programs taught in both classrooms and afterschool settings, they utilize the expertise of community volunteers to engage students in interactive lessons on business concepts. By partnering with local schools and leveraging the knowledge of local business leaders, Junior Achievement of Greater Hampton Roads Inc aims to equip students with the skills necessary to succeed in their future careers. Their mission is to empower the next generation of leaders by providing them with a solid foundation in economics and business principles.
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Impact
July, 2024
Junior Achievement of Greater Hampton Roads Inc's impact is significant in equipping K-12 students with essential knowledge about economics, financial literacy, entrepreneurship, and work readiness. Through their interactive programs taught in classrooms and afterschool settings, students in Virginia Beach, VA, benefit from a practical business and education partnership that utilizes community volunteers. This approach fosters a strong connection between theoretical learning and real-world application, preparing local students for future success in the global economy.
This information is meant to be a general summary of Junior Achievement Of Greater Hampton Roads Inc. Please take the time to review official sources before making any decisions based upon the content provided here.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2023.
- Investment Income: $25,393
- Program Service Revenue: $11,614
- Gross Receipts: $583,631
Assets and Liabilities:
- Total Assets: $620,449
- Total Liabilities: $163,697
- Net Assets: $456,752
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
PROGRAM SERVICE REVENUE
Revenue
$11,614
Organization Details
Founding Year
1966
Phone
(757) 455-9500Principal Officer
Frank E Hughlett
Main Address
4460 CORPORATION LANE STE 206, VIRGINIA BEACH, VA, 23462
Website
www.jahamptonroads.orgNTEE Category
Code: Q320 - International
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