Overview
What is Junior Achievement Of Memphis And The Mid-South Inc?
Junior Achievement of Memphis and the Mid-South Inc is a nonprofit organization situated in Cordova, Tennessee. Established in 1955, their mission is to inspire and equip young individuals with essential skills for success in a global economy. They accomplish this through various programs that teach financial literacy, work readiness, and entrepreneurship. One notable initiative is JA BizTown, a program that combines in-class learning with a realistic town experience, allowing students to manage businesses, write checks, and even vote for mayor. This interactive approach helps students connect their school lessons to real-world applications. Over the years, the organization has expanded its reach to 25 counties in Arkansas, Mississippi, and Tennessee, offering classroom and mobile learning centers. In spring 2023, they will open a new experiential learning center to cater to the needs of their growing service area. With a dedicated workforce of 24 employees, Junior Achievement of Memphis and the Mid-South Inc continues to enrich the lives of young people in their community.
Official website here: www.jamemphis.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 97% (Four-Star out of Four Stars)
Junior Achievement Of Memphis And The Mid-South Inc has earned a commendable Four-Star rating from Charity Navigator, reflecting its strong performance in Accountability and Finance. With a score of 97, the organization showcases a commitment to transparency and effective financial management, highlighting its integrity and responsible stewardship of donor funds.
The nonprofit has demonstrated exceptional governance practices, evidenced by its fully independent board and robust policies in place, such as conflict of interest and whistleblower protections. Its financial metrics are also noteworthy, including a favorable program expense ratio of 82.63%, indicating that a significant portion of its budget is allocated directly to program services, which is a positive sign for supporters and stakeholders.
While the data presented is overwhelmingly positive, it should be noted that like any organization, continual assessment and improvement in various operational areas are essential to maintain its high standards and effectiveness in achieving its mission. Overall, Junior Achievement Of Memphis And The Mid-South Inc stands out for its accountability and financial health, making it a reliable choice for potential donors.
This AI summary has been generated from information found on Charity Navigator.
Is Junior Achievement Of Memphis And The Mid-South Inc legitimate?
Junior Achievement Of Memphis And The Mid-South Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Junior Achievement Of Memphis And The Mid-South 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: $418,852
Professional Fundraising Fees: $0
Other Salaries and Wages: $616,119
For more financial information, click here
Official website here: www.jamemphis.org
What is the mission statement of Junior Achievement Of Memphis And The Mid-South Inc?
Junior Achievement of Memphis and the Mid-South Inc has been dedicated since 1955 to inspiring and preparing young individuals for success in a global economy. Their mission is to empower children to lead independent lives and pursue their dreams through programs that focus on financial literacy, work readiness, and entrepreneurship. These programs are delivered in classrooms and mobile learning centers across a 25-county region in Arkansas, Mississippi, and Tennessee. The organization's work aims to equip young people with the skills necessary to navigate the economic landscape and lead fulfilling lives.
Official website here: www.jamemphis.org
Who is the CEO of Junior Achievement Of Memphis And The Mid-South Inc?
Bill Duff is the Past Board Chair, Investment Committee Chair of Junior Achievement Of Memphis And The Mid-South Inc.
Official website here: www.jamemphis.org
What is the revenue of Junior Achievement Of Memphis And The Mid-South Inc?
Junior Achievement Of Memphis And The Mid-South Inc's revenue in 2023 was $3,786,090.
Official website here: www.jamemphis.org
Who are the executives of Junior Achievement Of Memphis And The Mid-South Inc and what are their salaries?
The average compensation at Junior Achievement Of Memphis And The Mid-South Inc during 2023 was $43,124. There are 24 employees and 1231 volunteers at Junior Achievement Of Memphis And The Mid-South Inc.
Here are 38 key members and their salaries:
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Official website here: www.jamemphis.org
Where can I find the form 990 for Junior Achievement Of Memphis And The Mid-South Inc?
Junior Achievement Of Memphis And The Mid-South Inc's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.jamemphis.org
Learn more at the official website: www.jamemphis.org
Mission Statement of Junior Achievement Of Memphis And The Mid-South Inc
Junior Achievement of Memphis and the Mid-South Inc has a mission to educate and inspire young people, fostering an appreciation for free enterprise, business, and economics. Established in 1955, this nonprofit organization has been committed to preparing children for success in a global economy. Through its programs, Junior Achievement empowers young individuals to lead independent lives and pursue their dreams, emphasizing financial literacy, work readiness, and entrepreneurship. The organization's impact is felt in classrooms and mobile learning centers across a 25-county service footprint in Arkansas, Mississippi, and Tennessee. Junior Achievement of Memphis and the Mid-South Inc strives to make a difference in the lives of its youth, helping them develop essential skills for navigating the complexities of the modern world.
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Impact
July, 2024
Junior Achievement of Memphis and the Mid-South Inc's impact is profound in inspiring and educating young people to value free enterprise, business, and economics to enhance the quality of their lives. Through their JA BizTown program, which combines in-class learning with a day-long visit to a simulated town, elementary and middle school students gain practical experience in operating banks, managing businesses, writing checks, and even participating in mayoral elections. By helping students bridge the gap between classroom learning and the real world, Junior Achievement of Memphis and the Mid-South Inc is empowering future generations to succeed in a global economy.
Their commitment to instilling financial literacy, work readiness, and entrepreneurship skills has not only benefited students in classrooms and mobile learning centers across the Mid-South but also extends to a geographic service footprint covering 25 counties in Arkansas, Mississippi, and Tennessee. Since its establishment in 1955, this organization has been dedicated to empowering children to lead independent lives and achieve their dreams, making a tangible impact on the communities they serve.
This information is meant to be a general summary of Junior Achievement Of Memphis And The Mid-South 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: $22,264
- Program Service Revenue: $1,035
- Gross Receipts: $3,825,240
Assets and Liabilities:
- Total Assets: $8,111,781
- Total Liabilities: $1,717,073
- Net Assets: $6,394,708
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
FINANCE PARK
Revenue
$1,035
Organization Details
Founding Year
1955
Phone
(901) 366-7800Principal Officer
Bill Duff
Main Address
PO BOX 1015, CORDOVA, TN, 380881015
Website
www.jamemphis.orgNTEE Category
Code: Q320 - International
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