2013-10-18T12:49:52-05:00 2013-06-30 420714325 MCGLADREY LLP 1 S WACKER DRIVE STE 800 CHICAGO IL 60606 990 2012-07-01 362170141 Junior Achievement of Chicago JUNI 3127151300 651 West Washington No 404 Chicago IL 60661 Sandra L Daffe' 3127151300 2013-10-18 1 Wayne Harder P00294296 3126343400 2012 2016-03-07 17:11:31Z Sandra L Daffe' 651 West Washington No 404 Chicago IL 60661 9906753 0 1116 X www.jachicago.org X 1940 IL To inspire and prepare young people to succeed in a global economy. 130 129 89 13612 0 0 6467309 5686575 0 0 384860 577952 -117598 -46603 6734571 6217924 102000 111000 0 0 3737960 3939987 0 0 559563 2228506 2329207 6068466 6380194 666105 -162270 12024859 12694954 890429 890108 11134430 11804846 To inspire and prepare young people to succeed in a global economy. 0 0 4955937 111000 Junior Achievement educates students, from kindergarten through 12th grade, about workforce readiness, entrepreneurship and financial literacy through experiential, hands-on programs. Junior Achievement programs help prepare young people for the real world by showing them how to generate wealth and effectively manage it, how to create jobs which make their communities more robust, and how to apply entrepreneurial thinking to the workplace. Students put these lessons into action and learn the value of contributing to their communities. In the 2012-2013 school year, Junior Achievement of Chicago served 445,460 students in 21,059 classrooms throughout the Chicagoland area. 4955937 1 1 0 0 0 0 0 0 0 1 1 0 0 0 1 1 1 0 0 0 0 0 0 0 1 0 0 0 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 13 0 1 89 1 0 0 0 0 0 1 1 0 0 0 0 X 130 129 0 0 0 0 1 1 1 1 1 0 0 1 1 1 1 1 1 1 1 0 IL IN X Terrance Guthrie 3127151300 651 W Washington Blvd Suite 404 Chicago IL 606612123 Sandra L Daffe' 38.00 X X 375525 0 138021 Patty Albo 1.00 X 0 0 0 Charles M Allen 0.30 X 0 0 0 Constantine Alexandrakis 1.00 X 0 0 0 Bruce Anderson 0.30 X 0 0 0 Richard W Ashley 1.00 X 0 0 0 Steve Battreall 1.00 X 0 0 0 Thomas L Bindley 1.00 X 0 0 0 Jon Black 1.00 X 0 0 0 Steven E Brady 0.30 X 0 0 0 Jean-Claude Brizard 1.00 X 0 0 0 Catherine S Brune 1.00 X 0 0 0 Francis X Buckley Jr 1.00 X 0 0 0 Alex Campbell 1.00 X 0 0 0 Neal Campbell 1.00 X 0 0 0 Michele Carlin 1.00 X 0 0 0 Jeffrey Childs 0.30 X 0 0 0 Robert B Chodos 1.00 X 0 0 0 Sheila Clary 0.30 X 0 0 0 John J Compernolle 0.30 X 0 0 0 James C Cotting 1.00 X 0 0 0 Bryan C Cressey 1.00 X 0 0 0 Marsha Cruzan 0.30 X 0 0 0 Christopher B Curtis 1.00 X 0 0 0 Loria Danage-Scott 1.00 X 0 0 0 Ghram Debes 0.30 X 0 0 0 Patrice P DeCorrevont 1.00 X 0 0 0 Thomas M Detelich 1.00 X 0 0 0 James C Dowdle 1.00 X 0 0 0 Charles B Edelstein 1.00 X 0 0 0 Melissa Erhardt 1.00 X 0 0 0 Daniel P Fallon 1.00 X 0 0 0 Deborah Olivia Farmer 1.00 X 0 0 0 W James Farrell 1.00 X 0 0 0 David Fine 1.00 X 0 0 0 Kristen P Freund 0.30 X 0 0 0 Michael M Froy 1.00 X X 0 0 0 David J Geary 0.30 X 0 0 0 Pantelis A Georgiadis 0.30 X 0 0 0 John R Golden 0.30 X 0 0 0 Stephen J Grabek 0.30 X 0 0 0 Stedman Graham 0.30 X 0 0 0 Adam C Graves 0.30 X 0 0 0 Paul Green 1.00 X 0 0 0 Anders Gustafsson 0.30 X 0 0 0 Cynthia Hardie 1.00 X 0 0 0 Dan Chip W Hardt 1.00 X 0 0 0 Kevin Hartman 1.00 X 0 0 0 Steve M Hatch 0.30 X 0 0 0 Denis J Healy Sr 0.30 X 0 0 0 Thomas J Healy 0.30 X 0 0 0 Roberto R Herencia 0.30 X 0 0 0 Gary E Holdren 0.30 X 0 0 0 Glenn Hollister 0.30 X 0 0 0 John R Horne 0.30 X 0 0 0 Dennis Howarter 1.00 X 0 0 0 Bob Hubberts 1.00 X 0 0 0 James V James 0.30 X 0 0 0 Mary Catherine Jaros 0.30 X 0 0 0 Donna Jennings 1.00 X 0 0 0 George E Johnson 0.30 X 0 0 0 Kip Kelley 0.30 X 0 0 0 Anthony K Kesman 0.30 X 0 0 0 Lester Knight 0.30 X 0 0 0 David C Koch 0.30 X 0 0 0 John Kujawa 0.30 X 0 0 0 Leonard Lavin 0.30 X 0 0 0 Jeff Langenbach 1.00 X 0 0 0 Kurt Laufer 1.00 X 0 0 0 F David Leiter 1.00 X 0 0 0 D Rick Lowes 0.30 X 0 0 0 Trish Lukasik 1.00 X 0 0 0 Curtis N Maas 0.30 X 0 0 0 Jeffrey A Malehorn 0.30 X 0 0 0 Don Manning 1.00 X 0 0 0 Charles Martin 0.30 X 0 0 0 Ann M McHale 0.30 X 0 0 0 Stephen McLaughlin 1.00 X 0 0 0 Elaine Melonides 1.00 X 0 0 0 Lou Meshulam 0.30 X 0 0 0 Carla R Michelotti 0.30 X 0 0 0 Paul Miller 1.00 X 0 0 0 Phil Miller 1.00 X 0 0 0 Heather A Mooney 0.30 X 0 0 0 Brian Morgan 1.00 X 0 0 0 Christopher Morgan 0.30 X 0 0 0 Eugene Morris 0.30 X 0 0 0 William L Morrison 0.30 X 0 0 0 Michael Murray III 0.30 X 0 0 0 William A Mynatt Jr 0.30 X 0 0 0 David W Nelms 0.30 X 0 0 0 Stephen R Nesbitt 0.30 X 0 0 0 John D Nichols 1.00 X 0 0 0 Larry Nieman 0.30 X 0 0 0 OW Eric Nowlin 0.30 X 0 0 0 Edmond Opler 0.30 X 0 0 0 Charmaine Owens 0.30 X 0 0 0 Robert L Parkinson Jr 1.00 X X 0 0 0 J David Pepper 1.00 X 0 0 0 Craig S Peters 1.00 X 0 0 0 Wayne Peters 0.30 X 0 0 0 Bruce J Piller 1.00 X X 0 0 0 David Pilotto 0.30 X 0 0 0 Nicholas K Pontikes 1.00 X 0 0 0 Camille Popiolek 0.30 X 0 0 0 Frank S Ptak 1.00 X 0 0 0 Paul E Purcell 0.30 X 0 0 0 Zain Raj 0.30 X 0 0 0 Kathi M Regas 0.30 X 0 0 0 Thomas E Richards 0.30 X 0 0 0 Mark Roche 0.30 X 0 0 0 Patrick Roxworthy 1.00 X 0 0 0 Gale E Sayers 0.30 X 0 0 0 Van Sapp 0.30 X 0 0 0 Terry Savage 0.30 X 0 0 0 Katherine M Scherer 1.00 X 0 0 0 Nicole R Schmied 0.30 X 0 0 0 Rod Schrader 1.00 X 0 0 0 Joy Schwartz 1.00 X 0 0 0 Michael Scimo 0.30 X 0 0 0 Steve Serbin 0.30 X 0 0 0 Rex L Sessions 0.30 X 0 0 0 Stephen E Sheridan 0.30 X 0 0 0 Luis M Sierra 1.00 X 0 0 0 Laura Slagter 0.30 X 0 0 0 David Speer 1.00 X X 0 0 0 Denis E Springer 0.30 X 0 0 0 Chase Stevenson 1.00 X 0 0 0 Steven Strobel 0.30 X 0 0 0 John B Sullivan 0.30 X 0 0 0 Robert A Sullivan 1.00 X 0 0 0 Michael J Tower 0.30 X 0 0 0 Valerie J Van Meter 0.30 X 0 0 0 Robert R Vogel 0.30 X 0 0 0 Donn T Vucovich 0.30 X 0 0 0 Mark Wagner 0.30 X 0 0 0 Harvey Walden III 1.00 X 0 0 0 John H Walker 0.30 X 0 0 0 Larry J Wert 0.30 X 0 0 0 Norman H Wesley 0.30 X 0 0 0 Steven Williams 1.00 X 0 0 0 Maxine Winer 1.00 X 0 0 0 Desmond C Wong 0.30 X 0 0 0 Thomas Staab 38.00 X 151816 0 25240 Maria Ramos 38.00 X 116150 0 34169 Peter Truschke 38.00 X 111666 0 33609 Derek Ernst 38.00 X 112297 0 18443 867454 0 249482 5 0 1 0 0 1425222 4261353 5686575 339080 339080 3647063 3408191 238872 238872 238872 218569 1425222 280638 -62069 -62069 Other Income 900099 15466 15466 15466 6217924 15466 0 515883 111000 111000 694380 536207 79243 78930 2369654 1829868 270427 269359 358596 276911 40923 40762 319549 246759 36467 36323 197808 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8513544 2351 1339760 6000 700000 9149655 8210442 1038141 137228 6000 800000 66267 8513544 7004520 985 1779516 6000 500000 68579 8210442 6592108 43 986607 6000 500000 68238 7004520 8828389 1900 -1641084 6000 525000 66097 6592108 0.98580 0.01420 0 0 501743 378436 123307 63993 42958 21035 144342 Sec. 457(b) Plan Deferred Compensation 178301 178301 X 7675610 832686 30000 700000 1562686 6112924 105000 105000 6217924 7005194 30000 700000 730000 6275194 105000 105000 6380194 Description of Intended Use of Endowment Funds: Part V, Line 4: In time of need the funds will allow the organization to continue to operate its normal operations. Description of Uncertain Tax Positions Under FIN 48: Part X, Line 2: According to the Internal Revenue Service, Junior Achievement of Chicago is considered a subordinate organization of Junior Achievement USA and is recognized as a 501(c)(3) organization and entitled to all rights of a 501(c)(3) organization. Junior Achievement of Chicago follows the provisions of the Accounting for Uncertainty in Income Taxes section of the Income Taxes Topic of the Codification, which addresses the determination of whether tax benefits claimed or expected to be claimed on a tax return should be recorded in the financial statements. Under this guidance, Junior Achievement of Chicago may recognize the tax benefit from an uncertain tax position only if it is more likely than not that the tax position will be sustained on examination by taxing authorities, based on the technical merits of the position. Examples of tax positions include the tax-exempt status of Junior Achievement of Chicago and various positions related to the potential sources of unrelated business taxable income (UBIT). There were no unrecognized tax benefits identified or recorded as liabilities during the years ended June 30, 2013 or 2012. Junior Achievement of Chicago annually files Form 990 in the U.S. federal jurisdiction and in the States of Illinois and Indiana. Junior Achievement of Chicago's Form 990 for the 2010 fiscal year and subsequent years are subject to examination by the Internal Revenue Service. Part XI, Line 2d - Other Adjustments: Release of Board Designated Endowments 700,000. Part XI, Line 4b - Other Adjustments: Contributions Restricted for Scholarships to Students 105,000. Part XII, Line 2d - Other Adjustments: Release of Board Designated Endowments 700,000. Part XII, Line 4b - Other Adjustments: Contributions Restricted for Scholarships to Students 105,000. Bowl-A-Thon 680526 672114 8412 3600 7212 86105 10977 Golf Event 405050 304100 100950 79583 4581 2 558215 449008 109207 76919 11661 1643791 1425222 218569 3600 7212 242607 27219 280638 -62069 1 Scholarships 31 111000 Procedure for Monitoring Grants in the U.S.: Part I, Line 2: Schedule I, Part I, Line 2: All scholarship recipients must provide Junior Achievement of Chicago with their social security number, student-ID and current semester's class schedule. Once all information is provided, JA of Chicago sends a formal letter enclosed with the check verifying the terms of how it is to be applied and to whom. The office of financial aid of said university receives the check and is to apply a credit towards the student's tuition. X X X 0 0 0 0 0 0 0 0 0 Sandra L Daffe' 326815 0 30192 0 18518 0 125083 0 12938 0 513546 0 0 0 Thomas Staab 126666 0 25000 0 150 0 24726 0 514 0 177056 0 0 0 Maria Ramos 100484 0 15450 0 216 0 19650 0 14519 0 150319 0 0 0 Form 990, Part VI, Section A, line 6 All persons or organizations who have contributed $1,000 or more in cash to this corporation during the immediately preceding 12 month period shall be a member. Form 990, Part VI, Section A, line 7a Each member at each election of directors will have one vote to elect. Form 990, Part VI, Section A, line 7b Each member shall be entitled to one vote on each matter submitted to a vote of the members. Form 990, Part VI, Section B, line 11 A resolution was passed by JA Chicago's Board of Directors authorizing the audit committee to approve the Form 990 on an annual basis. The audit committee reviews a draft of the completed Form 990 prior to filing with the IRS. A meeting is then held with JA's tax consultants to discuss the Form 990. If needed, changes are made. Copies of the final Form 990 are then made available to JA's full governing body at the Board of Directors meeting. Directors who were not available to view the Form 990 at the meeting are provided access to a copy via JA's website or on-line board portal. A final copy is then filed with the IRS. Form 990, Part VI, Section B, line 12c All conflict of interest declarations are reviewed by Junior Achievement of Chicago's Controller and President. Any potential conflicts that are noted either on the initial conflict of interest declaration or subsequently during the year are evaluated to determine if a true conflict exists and what steps are needed. Junior Achievement of Chicago's audit committee reviews all potential conflict of interest on an annual basis. Part VI, 12A - All of JA Chicago's employees and board members are required to complete and sign a conflict of interest declaration upon assuming their Junior Achievement responsibilities. Junior Achievement of Chicago's Executive Committee complete a new declaration annually. The remainder of the Board is asked to provide annual updates if there are any changes. (I.E. A new potential conflict arises.) Form 990, Part VI, Section B, line 15 Junior Achievement USA and JA Chicago, utilize a pay structure designed by WMS & Company called Equip-Comp. Equip-Comp ranges are benchmarked against the external labor market and are a source of comparable data. JA Chicago's compensation committee meets annually to discuss and ultimately approve compensation for JA Chicago's President, Senior Vice President of Development, Controller, and Vice Presidents of Program Operations. As part of the review process, this year the Compensation Committee met with JA USA and Equi-Comp staff. The performance information for each key employee along with the Equi-Comp data was reviewed. Following the committee's meeting and decisions, JA Chicago's Chairman sends a letter to JA Chicago's accountant authorizing the appropriate compensation for the upcoming year. Form 990, Part VI, Section C, line 19 Junior Achievement of Chicago publishes its annual report on its website annually, in addition to its annual operating revenue and expenses. Other governing documents, including its conflict of interest policy and detailed financial statements, are made available to the public upon request.