Junior Achievement of Tri-cities Tn/va Inc

Nonprofit profile at a glance

EIN
620757847
IRS 990 coverage
2011–2023
Forms available
Form 990 2023
Location
Kingsport, TN, USA
Phone
4233928841
Rating
88
Verdict
STRONG
Rating confidence
Moderate
Sector
International Economic Development

Official website

Reported finances

Revenue
$85,308
Expenses
$214,545
Assets
$1,706,226
Liabilities
$217,412

Source: IRS Form 990. Selected filing: tax year 2023. Amounts in USD.

Leadership & pay

13 people listed

Executive titles in this filing

  • CALLIE ARCHER (PRESIDENT)

People named in this filing

  • CHAIBA BLOOMER (DIRECTOR)
  • DR SUSAN KIERNAN (DIRECTOR)
  • DON KIEFFER (DIRECTOR)

Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.

Source: IRS Form 990. Selected filing: tax year 2023. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

Junior achievement of tricities tn/va, inc. Is a tax exempt franchise of "junior achievement USA", a national tax exempt organization, whose function is to educate and inspire young people to value free enterprise, understand business and economics and be workforce ready.

What it reported doing in 2023

Junior achievement continued to show its commitment to empowering youth through financial literacy, work readiness, and entrepreneurship education. Ja's k-12 programs, which are designed to inspire and prepare the next generation for economic success, bring local leaders who serve as role models into classrooms and career exploration events. Junior achievement works to continue to foster a culture of mentorship and community engagement, reinforcing its mission to equip young people with the skills and confidence needed to thrive in a dynamic economy. During the 2023-2024 school year, junior achievement was in more than 100 classrooms and reached 8,213 students with inspiring and impactful learning experiences.

Operating model

Revenue model
Donor-supported. 74% of the money available for current operations came from contributions and gifts.
Distribution model
Direct operator. The filing allocates 98% 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 revenue has declined or grown slowly.

Rating breakdown

  • Financial Efficiency: 90
  • Transparency & Controls: 90
  • Accountability: 100
  • Sustainability: 34
  • Growth: 60

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 100%; rating input score 100
  • Program expense ratio: 90.3%; rating input score 90
  • Fundraising efficiency: $4.76 raised per $1 spent on fundraising; rating input score 38; 38th percentile among comparable filings

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 63rd percentile among comparable filings
  • Pay-setting controls: Limited
  • Foreign activity oversight: Limited
  • Grant itemization coverage: Limited
  • Major donor itemization: Limited
  • Related-party transparency: Limited

Accountability

  • Independent voting board: 100%; rating input score 100; 64th percentile among comparable filings
  • Governance controls: 7 of 7 controls in place; rating input score 100
    • Conflict-of-interest policy: Pass
    • Whistleblower policy: Pass
    • Document-retention policy: Pass
    • CEO compensation review process: NotApplicable
    • 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: -151.5%; rating input score 17; 17th percentile among comparable filings
  • Total-asset coverage ratio: 7.95; rating input score 57; 57th percentile among comparable filings
  • Liabilities to assets ratio: 0.13; rating input score 17; 17th percentile among comparable filings
  • Officer compensation ratio: 0%; rating input score 60; 60th percentile among comparable filings

Growth

  • Program expense growth: 1% per year; rating input score 100; 55th percentile among comparable filings
  • Revenue growth: -5.5% per year; rating input score 0; 43rd percentile among comparable filings
  • Asset growth: 0.5% per year; rating input score 100; 44th percentile among comparable filings

Details

  • Where the money goes: 100% of revenue deployed · 90.3% of spending went to programs
  • Governance: 13 of 13 board members independent · 7 of 7 filing controls reported
  • Programs: 1 filed program accomplishment · $194K in reported program spending
  • Leadership: top reported pay $0 · 13 people listed
  • Consistency: 24 of 24 current checks pass
  • Schedules: 4 filed schedules
  • Filing history: 13 filing years from 2011 to 2023
  • Contacts: How to reach this organization
  • Money network: Resolved incoming and outgoing counterparties from filed money flows.
  • 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.

  • Moderate — Financial Efficiency: Fundraising efficiency scored 38/100.
  • High — Growth: Revenue growth scored 0/100.
  • High — Sustainability: Operating margin scored 17/100.
  • Review — Sustainability: Total-asset coverage ratio scored 57/100.
  • High — Sustainability: Liabilities to assets ratio scored 17/100.