Junior Achievement Of Rhode Island
- Assets
- $582.6k
- Revenue
- $583.3k
- Investments
- $0.0
- Employees
- 7
- Location
- Warwick, RI
- Founding
- 05/1994
- Data as of
- 06/2022
- EIN
- 05-0263443
Organization Overview
Junior Achievement Of Rhode Island is located in Warwick, RI. The organization was established in 1994. According to its NTEE Classification (Q32) the organization is classified as: International Economic Development, under the broad grouping of International, Foreign Affairs & National Security and related organizations. As of 06/2022, Junior Achievement Of Rhode Island employed 7 individuals. This organization is a subordinate organization within an affiliated group for tax-exemption purposes. Junior Achievement Of Rhode Island is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 06/2022, Junior Achievement Of Rhode Island generated $583.3k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 4.3% each year. All expenses for the organization totaled $582.2k during the year ending 06/2022. While expenses have increased by 2.5% per year over the past 7 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
THE ORGANIZATION PROVIDES EDUCATIONAL PROGRAMS ON BUSINESS ECONOMICS TO STUDENTS FROM KINDERGARTEN THROUGH HIGH SCHOOL THROUGH DIRECT CONTACT WITH THE BUSINESS COMMUNITY.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE ORGANIZATION PROVIDES EDUCATIONAL PROGRAMS ON BUSINESS ECONOMICS TO STUDENTS FROM KINDERGARTEN THROUGH HIGH SCHOOL THROUGH DIRECT CONTACT WITH THE BUSINESS COMMUNITY. DURING, FISCAL YEAR ENDED JUNE 30, 2022, OVER 20 PROGRAMS WERE GIVEN SERVING 5,530 STUDENTS.
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Lee Lewis President | Officer | 40 | $99,878 |
Sherri Carrera Secretary | OfficerTrustee | 1 | $0 |
Craig Bilodeau Treasurer | OfficerTrustee | 1 | $0 |
Steven H Kitchin Chairman | OfficerTrustee | 1 | $0 |
Col Hugh T Clements Jr Board Of Directors | Trustee | 1 | $0 |
Adam Compton Board Of Directors | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $114,699 |
| Related organizations | $0 |
| Government grants | $140,400 |
| All other contributions, gifts, grants, and similar amounts not included above | $339,441 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $594,540 |
| Total Program Service Revenue | $0 |
| Investment income | $8,509 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | -$19,722 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $583,327 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $355,228 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $13,795 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $7,324 |
| Advertising and promotion | $0 |
| Office expenses | $0 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $19,799 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $4,063 |
| Insurance | $4,465 |
| All other expenses | $17,355 |
| Total functional expenses | $582,190 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $118,810 |
| Savings and temporary cash investments | $106,200 |
| Pledges and grants receivable | $58,348 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $21,317 |
| Net Land, buildings, and equipment | $8,981 |
| Investments—publicly traded securities | $268,977 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $582,633 |
| Accounts payable and accrued expenses | $18,249 |
| Grants payable | $0 |
| Deferred revenue | $12,715 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $30,964 |
| Net assets without donor restrictions | $466,069 |
| Net assets with donor restrictions | $85,600 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $582,633 |
Grants Recieved
Over the last fiscal year, we have identified 13 grants that Junior Achievement Of Rhode Island has recieved totaling $131,740.
| Awarding Organization | Amount |
|---|---|
Massachusetts Higher Education Assistance Corporation Boston, MA PURPOSE: SPONSORSHIP | $60,000 |
The Rhode Island Community Foundation Providence, RI PURPOSE: JA INSPIRE; GENERAL SUPPORT | $28,225 |
Bank Of America Charitable Foundation Inc Charlotte, NC PURPOSE: OPERATIONAL SUPPORT | $15,000 |
Amica Companies Foundation Lincoln, RI PURPOSE: GENERAL PURPOSE | $10,000 |
Delta Dental Of Rhode Island Providence, RI PURPOSE: PROGRAM SUPPORT | $7,500 |
United Way Of Rhode Island Inc Providence, RI PURPOSE: DESIGNATED DONATION/GRANT | $5,727 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Omidyar-Tufts Microfinance Fund Somerville, MA | $114,828,830 | -$1,213,909 |
Junior Achievement Of Greater Boston Inc Boston, MA | $2,896,719 | $2,830,681 |
Junior Achievement Of Southwest New England Hartford, CT | $5,344,034 | $2,331,852 |
Junior Achievement Of Greater Fairfield County Bridgeport, CT | $1,604,677 | $1,296,620 |
Peer Servants Woburn, MA | $493,545 | $1,090,166 |
Armenia 2020 Inc Winchester, MA | $8,812 | $622,019 |
Junior Achievement Of Rhode Island Warwick, RI | $582,633 | $583,327 |
Junior Achievement Of Southern Massachusetts New Bedford, MA | $375,832 | $554,316 |
Unite The World With Africa Foundation Inc Wellesley, MA | $366,118 | $365,810 |
Kids At Risk - Cambodia Inc West Haven, CT | $92,965 | $340,270 |
Peri Support Fund Inc Amherst, MA | $68,359 | $379,758 |
Red Wind Councils Inc Pepperell, MA | $437,328 | $236,131 |