Junior Achievement of the Palm Beaches & Treasure Coast Inc
Nonprofit profile at a glance
- EIN
- 592333738
- IRS 990 coverage
- 2011–2024
- Forms available
- Form 990 2024
- Location
- West Palm Beach, FL, USA
- Phone
- 5613736696
- Rating
- 84
- Verdict
- STRONG
- Rating confidence
- Moderate
- Sector
- International Economic Development
Reported finances
- Revenue
- $1,288,669
- Expenses
- $1,468,194
- Assets
- $527,142
- Liabilities
- $47,735
Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
20 people listed
Executive titles in this filing
- Claudia Kirk Barto (Former CEO)
Highest reported compensation
- Claudia Kirk Barto (Former CEO): $141,416 total reported compensation
- Katie Spitzig: $114,383 total reported compensation
Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
Our mission is to inspire and prepare young people to succeed in a global economy through classroom programs and simulations that focus on financial literacy, work readiness, and entrepreneurship. Since 1981, Junior Achievement of the Palm Beaches & Treasure Coast has inspired the next generation to be financially capable and tenacious; equipped with the tools to solve problems creatively, manage risk effectively, and welcome opportunity. Through our innovative and experiential financial literacy, job readiness and entrepreneurship K-12 programs taught by community volunteer role models, we inspire the next generation to navigate their path toward their dreams.
What it reported doing in 2024
JA Inspire is more than a career fair; it brings together the business community and local schools and is designed to help launch middle school students into their future high school, college, careers and beyond. The program is both classroom- and event-based and consists of three segments: 1. In-class sessions presented by the classroom teacher; 2. the hands-on JA Inspire Expo; and 3. an in-class debrief. During the JA Inspire Expo, students participate in hands-on activities, often using equipment or tools used on a job. The multi-hour experience is configurable to align with local industry and career opportunities. JA Inspire is part of the JA work and career readiness pathway and is intended for middle school students (grades 6-8). JA programs support national and state standards in reading, mathematics, social studies, and work and career readiness.JA Inspire provides opportunities for students to learn about different career industries. Not all students receive career mentorship at home or have access to all the career options that may be available to them. Through JA Inspire, students get the opportunity to learn about careers from caring mentors in time to plan their high school coursework, have a better path to success, and a pathway to prosperity. For businesses, this is their chance to build their future workforce through experiential and hands-on learning.
Operating model
- Revenue model
- Donor-supported. 95% of the money available for current operations came from contributions and gifts.
- Distribution model
- Direct operator. The filing allocates 100% of reported program-service expenses outside its grant, affiliate-payment, and member-benefit lines. This expense classification does not rule out separately announced grant awards.
The verdict
STRONG - A large share of available resources goes toward mission work and the filed numbers largely add up. Fundraising costs are high for each dollar raised and expenses are high relative to revenue.
Rating breakdown
- Financial Efficiency: 82
- Transparency & Controls: 86
- Accountability: 100
- Sustainability: 18
- Growth: 100
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 93.5%; rating input score 94
- Program expense ratio: 82.1%; rating input score 82
- Fundraising efficiency: $5.3 raised per $1 spent on fundraising; rating input score 19; 19th percentile among comparable filings
Transparency & Controls
- Consistency checks: 93.3%; rating input score 93; 22nd percentile among comparable filings
- Pay-setting controls: Limited
- Foreign activity oversight: Limited
- Grant itemization coverage: Limited
- Major donor itemization: Yes; rating input score 100
- Related-party transparency: Limited
Accountability
- Independent voting board: 100%; rating input score 100; 63rd percentile among comparable filings
- Governance controls: 8 of 8 controls in place; rating input score 100
- Conflict-of-interest policy: Pass
- Whistleblower policy: Pass
- Document-retention policy: Pass
- CEO compensation review process: Pass
- Other executive compensation review process: NotApplicable
- Form 990 shared with the board: Pass
- Board meeting minutes documented: Pass
- Audit committee oversight: Pass
- Independent financial-statement audit: Pass
Sustainability
- Operating margin: -13.9%; rating input score 13; 13th percentile among comparable filings
- Total-asset coverage ratio: 0.36; rating input score 17; 17th percentile among comparable filings
- Liabilities to assets ratio: 0.09; rating input score 44; 44th percentile among comparable filings
- Officer compensation ratio: 17.4%; rating input score 18; 18th percentile among comparable filings
Growth
- Program expense growth: 7.2% per year; rating input score 100; 52nd percentile among comparable filings
- Revenue growth: 4.8% per year; rating input score 100; 42nd percentile among comparable filings
- Asset growth: 11.2% per year; rating input score 100; 62nd percentile among comparable filings
Details
- Where the money goes: 93.5% of revenue deployed · 82.1% of spending went to programs
- Governance: 23 of 19 board members independent · 8 of 8 filing controls reported
- Programs: 6 filed program accomplishments · $1.2M in reported program spending
- Leadership: top reported pay $141K · 20 people listed
- Consistency: 26 of 27 current checks pass · 1 finding to review
- Schedules: 5 filed schedules · includes major donors
- Filing history: 14 filing years from 2011 to 2024
- Contacts: How to reach this organization
- Money network: 2 filed money-flow records
- Related organizations: Filed and resolved organization relationships.
- Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
- People: Everyone the filings name, and which of them the filings identify by more than a name.
Key Signals
Signals prioritize questions for review. They are not findings of misconduct.
- High — Financial Efficiency: Fundraising efficiency scored 19/100.
- High — Sustainability: Operating margin scored 13/100.
- High — Sustainability: Total-asset coverage ratio scored 17/100.
- Moderate — Transparency & Controls: Independent members within voting members did not reconcile in the filed values.
- High — Sustainability: Officer compensation ratio scored 18/100.
- Moderate — Sustainability: Liabilities to assets ratio scored 44/100.