Better Business Bureau Report for
Junior Achievement of Chicago

Better Business Bureau Report issued September 2014
Better Business Bureau Report expires September 2016

Does not meet one or more standards
This charity does not meet one or more of the 20 standards for Charity Accountability. Find out more...

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Charity Contact Information

Name: Junior Achievement of Chicago
Address: 651 W. Washington Blvd. Suite #404
  Chicago, IL 60661
Phone: (312) 715-1300
(708) 456-1400
Web Address:
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Better Business Bureau Comments

Year, State Incorporated: 1940, Illinois
Affiliates: None
Stated Purpose: The mission of Junior Achievement of Chicago is to inspire and prepare young people to succeed in a global economy.

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Evaluation Conclusions


Junior Achievement of Chicago does not meet the following 2 Standards for Charity Accountability.

Standard 3: Frequency and Attendance of Board Meetings - An organization shall have a minimum of three evenly spaced meetings per year of the full governing body with a majority in attendance, with face-to-face participation. A conference call of the full board can substitute for one of the three meetings of the governing body. For all meetings, alternative modes of participation are acceptable for those with physical disabilities.

Junior Achievement of Chicago does not meet this Standard because:

  • Average attendance at its board meetings in the past fiscal year was less than 50%.

Standard 16: Annual Report - Have an annual report available to all, on request, that includes: (a) the organization's mission statement, (b) a summary of the past year's program service accomplishments, (c) a roster of the officers and members of the board of directors, (d) financial information that includes (i) total income in the past fiscal year, (ii) expenses in the same program, fund raising and administrative categories as in the financial statements, and (iii) ending net assets.

Junior Achievement of Chicago does not meet this standard because the most recent annual report did not include:

  • Total end of year net assets.
Junior Achievement of Chicago meets the remaining 18 Standards for Charity Accountability.
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Junior Achievement of Chicago gives young people the knowledge and skills they need to own their economic success, plan for their future, and make smart academic and economic choices. Their corporate and community volunteers deliver relevant, hands-on experiences that give students from kindergarten through high school knowledge and skills in financial literacy, work readiness and entrepreneurship. JA programs empower students to make a connection between what they learn in school and how it can be applied in the real world – enhancing the relevance of their classroom learning and increasing their understanding of the value of staying in school.

For the fiscal year ended June 30, 2013, Junior Achievement of Chicago's program expenses were:

Salary,Payroll taxes and benefits 3,005,003
Program printing and materials 1,190,169
Rent,Heat, and electricity 153,805
Travel and meetings 152,020
Insurance 92,653
Staitionary, supplies and postage 58,104
Telephone 54,252
Computer programming 29,550
Maintenance and cleaning 27,420
Promotional activities 26,822
Proffesional services 22,770
Staff conferences 20,596
Miscellaneous 2,805
Depreciation 160
Total Program Expenses: $4,836,129
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Chief Executive : Sandy Daffe, President

Chair of the Board: David Nelms
Chair's Profession / Business Affiliation: Chairman and CEO, Discover Financial Services

Board Size: 120

Paid Staff Size: 56

*Compensation includes annual salary and, if applicable, benefit plans, expense accounts, and other allowances.
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Fund Raising


Method(s) Used:

direct mail, telephone, invitations to fund raising events, grant proposals, internet
Fund raising costs were 10% of related contributions. (Related contributions, which totaled $5,827,793, are donations received as a result of fund raising activities.)
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Tax Status


This organization is tax-exempt under section 501(c)(3) of the Internal Revenue Code. It is eligible to receive contributions deductible as charitable donations for federal income tax purposes.
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The following information is based on Junior Achievement of Chicago's audited financial statements for the fiscal year ended June 30, 2013.

Source of Funds  
Corporate and Individuals 3,766,593
Special Events 1,643,791
Appropriation of Board-designated endowments 700,000
Grants and Program sponsorships 387,409
Contributed Services 30,000
Other Income 15,466
Investment Income 335
National Headquarters' Participation fee -132,392
Expenses related to special events -280,638
Total Income $6,130,564


Uses of Funds as a % of Total Expenses

Programs: 79%  Fund Raising: 9%  Administrative: 11%  Other Expenses: 1%

Total income $6,130,564
Program expenses $4,836,129
Fund raising expenses 559,563
Administrative expenses 661,759
Other Expenses 38,808
Total expenses $6,096,259
Income in Excess of Expenses 34,305
Beginning net assets 11,134,430
Ending net assets 11,804,846
Total liabilities 890,108
Total assets $12,694,954

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An organization may change its practices at any time without notice. A copy of this report has been shared with the organization prior to publication. It is not intended to recommend or deprecate, and is furnished solely to assist you in exercising your own judgment. If the report is about a charity and states the charity meets or does not meet the BBB Standards for Charity Accountability, it reflects the results of an evaluation of information and materials provided voluntarily by the charity. The name Better Business Bureau is a registered service mark of the Council of Better Business Bureaus, Inc.

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