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Organization DBA Junior Achievment of Northern New England
Former Names Junior Achievement of Eastern Massachusetts (2010)
Organization received a competitive grant from the Boston Foundation in the past five years No

Summary

Mission StatementMORE »

The mission of Junior Achievement (JA) is to inspire and prepare young people to succeed in a global economy.  JA programs provide relevant, experiential opportunities for students to apply their knowledge to real-world situations and understand how to own their economic success.  Through sequential curriculum focused on financial literacy, workforce readiness, and entrepreneurship, JA provides students with the 21st century life skills necessary to become economically confident, career-ready adults.  By partnering with educators and local business volunteers who deliver JA programs to add relevance and inspiration to the student experience, JA works toward the day when every young person feels confident in their ability to navigate their finances and the world of work.  

 

Mission Statement

The mission of Junior Achievement (JA) is to inspire and prepare young people to succeed in a global economy.  JA programs provide relevant, experiential opportunities for students to apply their knowledge to real-world situations and understand how to own their economic success.  Through sequential curriculum focused on financial literacy, workforce readiness, and entrepreneurship, JA provides students with the 21st century life skills necessary to become economically confident, career-ready adults.  By partnering with educators and local business volunteers who deliver JA programs to add relevance and inspiration to the student experience, JA works toward the day when every young person feels confident in their ability to navigate their finances and the world of work.  

 


FinancialsMORE »

Fiscal Year July 01, 2016 to June 30, 2017
Projected Income $1,460,000.00
Projected Expense $1,697,000.00

ProgramsMORE »

  • JA Academy
  • JA Skills to Achieve
  • K-12 Junior Achievement Programs

Revenue vs. Expense ($000s)

Expense Breakdown 2016 (%)

Expense Breakdown 2015 (%)

Expense Breakdown 2014 (%)

For more details regarding the organization's financial information, select the financial tab and review available comments.


Overview

Mission Statement

The mission of Junior Achievement (JA) is to inspire and prepare young people to succeed in a global economy.  JA programs provide relevant, experiential opportunities for students to apply their knowledge to real-world situations and understand how to own their economic success.  Through sequential curriculum focused on financial literacy, workforce readiness, and entrepreneurship, JA provides students with the 21st century life skills necessary to become economically confident, career-ready adults.  By partnering with educators and local business volunteers who deliver JA programs to add relevance and inspiration to the student experience, JA works toward the day when every young person feels confident in their ability to navigate their finances and the world of work.  

 


Background Statement

Junior Achievement (JA) was founded in 1919 by Horace A. Moses, a prominent industrialist and profound social engineer who donated time and financial support toward the betterment of youth by ensuring that children received economic and financial literacy education. JA’s first program, the JA Company Program, was offered to high school students and allowed them to experience the inner workings of an entrepreneurial endeavor by starting and operating their very own company. This value of free enterprise and creativity has not left the core of JA’s mission, even after almost 100 years of the organization’s existence.

Throughout the following decades JA sustained rapid growth, and entered the classroom in 1975 with the introduction of its Project Business program for middle school. And in the early 1990's, a sequential curriculum for grades K-6 was launched, catapulting the organization into the classrooms of another one million elementary school students. Today, JA remains relevant to students through its broadened scope and expanded activities, providing diverse programs for K-12th grade that allow each student to experience JA consistently in their educational years. Offering these sequential economic education programs to schools and students at no cost, JA provides access to real-world, “life learning” that is often otherwise unavailable to our youth.

The demand for JA programs has generated a network of 109 offices around the nation, serving more than 4.8 million students each year. In addition to the U.S., 119 countries worldwide offer JA programs, and since its founding JA has had a positive impact on the lives of more than 80 million young people globally.

Incorporated in Boston in 1945 as a regional JA organization, Junior Achievement of Northern New England (JAofNNE) has served students in eight counties of Massachusetts (including Barnstable, Dukes, Essex, Middlesex, Plymouth, Norfolk, Nantucket, and Suffolk) and in the 2015-2016 school year, we reached 23,802 students through the efforts of 1,516 JA volunteers.


Impact Statement

Accomplishments in 2016-2017:

New Program Implementation Strategy: This school year JAofNNE launched a new program strategy focused on deeper student impact, in which we conducted proactive outreach across 15 targeted communities to provide these students with equitable access to JA programs throughout their K-12 experience.
 
New Leadership & Increased Brand Awareness: Radhames (Rad) Nova joined JAofNNE as President & CEO in October 2016, bringing with him a background in finance and the nonprofit sector that is already transforming the JAofNNE operation for the better. Rad instituted several initiatives to increase our brand awareness in our target communities, including a “Centers of Influence” strategy that focuses on leveraging existing relationships to connect with community influencers, and monthly “Meet JA” receptions which bring business and community leaders together to network and learn about JA. These strategies are already proving fruitful in establishing our presence with educators, funders, and volunteers.
 
Greater Collaboration: JA is wonderfully dependent on collaboration across organizations, and we are proud of the strides we have made to join forces with other programs serving youth, including the City of Boston, Girls. Inc, and Action for Boston Community Development.

Goals for 2017-2018:

Refining our program strategy in light of reflections from the 2016-2017 school year.
 
Further collaboration with other organizations already serving youth, which will deepen the impact of programming provided by all groups involved.
 
Diversification of our volunteer pool to reflect the backgrounds of the students we reach, allowing our youth to identify with role models with similar experiences and contexts.
 
Balancing our budget, through increased relationship-building with current and new corporate and private donors, and the launch of a major gifts campaign that will attract individual donors and lead to a more sustainable fundraising structure.


Needs Statement

The top needs for our organization at this point in time are:

Balancing the Budget: After a year of a deficit, our staff is working to not only re-engage former and current funders in new ways as we embark on an energizing new program strategy, but to also increase our brand awareness amongst other potential funders who believe in what we are trying to achieve. New funders, from both the foundation and individual giving space, will be critical to our securing a sustainable funding structure.
 
Volunteer Recruitment: With a delivery model solely based around corporate and community volunteers, much staff time is designated toward volunteer recruitment. However, if we had a more solid volunteer base, staff time could be spent more on relationship-building with schools than in a reactionary mode of volunteer recruitment.  We are consistently evaluating ways to engage new volunteers, and will be working with an AmeriCorps fellow in the coming year to strategize around volunteer recruitment, retention, recognition, etc.
 
Staff Training: The ability to further develop and train our staff through professional development opportunities would allow us to retain staff and continually provide new opportunities to staff members.

CEO Statement



Board Chair Statement



Geographic Area Served

GREATER BOSTON REGION, MA
City of Boston- Citywide (Indiv. neighborhoods also listed)
City of Boston- Allston/ Brighton
City of Boston- Back Bay
City of Boston- Beacon Hill/ West End
City of Boston- Charlestown
City of Boston- Chinatown/ Leather District
City of Boston- North Dorchester
City of Boston- South Dorchester
City of Boston- Downtown
City of Boston- East Boston
City of Boston- Fenway/ Kenmore
City of Boston- Hyde Park
City of Boston- Jamaica Plain
City of Boston- Mattapan
City of Boston- Mission Hill
City of Boston- North End
City of Boston- Roslindale
City of Boston- Roxbury
City of Boston- South Boston
City of Boston- South End/Bay Village
City of Boston- West Roxbury
CENTRAL REGION, MA
METROWEST REGION, MA
NORTHEAST REGION, MA
Junior Achievement of Northern New England serves students in grades K-12 in 9 Massachusetts counties, inclluding Barnstable, Dukes, Essex, Middlesex, Plymouth, Norfolk, Nantucket, Suffolk and Worcester, and the state of New Hampshire.  However, with a shift focused on student impact rather than student number, staff has identified 15 targeted communities in Greater Boston upon which to focus in order to provide increased access to JA programming throughout these students' K-12 experience.

Organization Categories

  1. Education - Educational Services
  2. Youth Development - Youth Development Programs
  3. Community Improvement, Capacity Building - Economic Development

Independent research has been conducted on this organization's theory of change or on the effectiveness of this organization's program(s)

Yes

Programs

JA Academy

Developed by Junior Achievement of Northern New England, JA Academy is an after-school mentoring program for high school students hosted by business firms and corporate locations.  Enhancing the experience are the business professionals who serve as program mentors.  Following a 13-week curriculum, each JA Academy consists of a group of 15-20 high school students who learn how to run a business from the ground up -- setting strategy, market research, selling company shares, producing a product and conducting board meetings prior to liquidation of their company. Students learn important lessons through the management of the company -- leadership roles, and communication and public speaking skills, and gain critical thinking and decision-making strengths.

 

Budget  $25,000.00
Category  Education, General/Other Afterschool Enrichment
Population Served Adolescents Only (13-19 years) At-Risk Populations Poor,Economically Disadvantaged,Indigent
Program Short-Term Success 

Key findings from past JA surveys indicate program impact is quantified by the following data, and expected as realistic outcomes for participating students:

  • Elementary school students who participated in JA possess more basic economic, personal finance, and business knowledge than non-JA students;
  • The majority of middle school students (71%) participating in JA programs reported that JA helped recognize the importance of education and provided motivation to work harder to achieve personal goals;
  • JA students are 7% more likely to matriculate to college immediately after high school;
  • 80% of participating high school students stated that they felt better prepared to join the workforce; and
  • More than 90% high school students agreed that JA’s programs prepared them to make ethical business decisions once they join the workforce.

 

Program Long-Term Success 

It’s been said that if you want to see the future of our country all you have to do is look at our children today. So consider this: 7,000 students drop out of high school every day, 1.3 million failed to graduate last year, and 15 million more will join them by 2020. What does the future hold for our young people? Given our current economy and education circumstances, one can only guess. A recent study shows that a major reason young people drop out of school is because they do not see the correlation between what they are learning in the classroom to what is needed to succeed in the real world. Junior Achievement helps bridge this critical gap through its programs that teach financial literacy for life.

College and career preparation are vital to the success of today’s students. However, the issues are too great for educators to address alone. Educators need the support of community partnerships with businesses to help students become better prepared to meet the complex and troubling challenges of economic issues. In helping to create and sustain the partnerships between educators and commerce, JA is able to provide this vital link of bringing the real world to students, and creating the connections that open minds to the realization of personal potential.

Students must learn to connect academic success with future success. With this understanding, students are more likely to continue education through graduation and become contributing members of society. To be effective, this preparation must begin early in the academic career, be frequent and reinforced, and be sequentially organized and expanded at every grade level. This ideal model of JA’s curricula provides students with a variety of experiences and activities that include relevant, hands-on, out-of-the-desk, practical learning projects. Theconcepts and skills learned are reinforced and integrated with required subjects such as social studies, language arts, mathematics, and science. 

 

Program Success Monitored By 

Junior Achievement's volunteer-delivery model and program evaluation protocol sets the organization apart from non-profits since JA is one of only two major not-for-profits that has independent proof of program effectiveness. After more than 60 studies, JA programs have been found to have a significant impact on the knowledge, skill development and attitudes of students. These on-going studies indicate that JA students demonstrate a significant understanding of economics and business knowledge, particularly those involved in our programs through consecutive grade levels.

Across a wide variety of evaluations, JA has consistently demonstrated its capacity to effectively equip youth with the knowledge, skills, and attitudes necessary for future success. Simply put, students in JA financial literacy, workforce readiness and entrepreneurship programs are better prepared to enter the workforce. They are also better prepared for expanded STEM (science, technology, engineering, math) vocations, as well as a myriad of other careers. Ultimately, successful students have a positive impact on, and contribute to, our local, national and global economies.

Participating students will receive pre-program and post-program tests in order to determine the retention of course content. Locally, surveys are distributed to educators and volunteers to assess student learning from JA programs. Recent outcomes reveal that 100% of educators agree or strongly agree that the JA program was an effective learning experience for the class. 95% of educators also agree that JA programs helped students better understand business and economics.

National and local program evaluations are crucial to maintaining quality programs for our students. Teachers (95%) and volunteers (92%) report that students who participate in JA have a better understanding of how the real world operates. They also agree that JA students are comparatively better at working as a team. 

 

Examples of Program Success 
“My experience at this program has greatly increased my knowledge of how to form a company and all the difficulty and team work it takes to make it happen. I have learned from many of the speakers how they have become successful; and most of the skills they have discussed are being taught to us through the JA success skills workshops.”
                             Milton HS Student                            

JA Skills to Achieve

Developed by the Junior Achievement of Northern New England education staff, JA Skills to Achieve is a program for high school students that takes place in a corporate location. This collaborative program combines elements of two of the JA mission pillars that focus on financial literacy and workforce readiness. The one-school-day experience enables students to experience the workplace, while being guided through interactive lessons taught by business professionals.  The experience results in a mutually beneficial program for all involved, as students gain exposure to real-world work experience, volunteers benefit from team-building aspects, and businesses have the platform to share its company and industry with tomorrow’s workforce.

 

Budget  $5,000.00
Category  Education, General/Other Educational Programs
Population Served K-12 (5-19 years) At-Risk Populations Poor,Economically Disadvantaged,Indigent
Program Short-Term Success 

Key findings from past JA surveys indicate program impact is quantified by the following data, and expected as realistic outcomes for all participating students:

  • Elementary school students who participated in JA possess more basic economic, personal finance, and business knowledge than non-JA students;
  • The majority of middle school students (71%) participating in JA programs reported that JA helped recognize the importance of education and provided motivation to work harder to achieve personal goals;
  • JA students are 7% more likely to matriculate to college immediately after high school;
  • 80% of participating high school students stated that they felt better prepared to join the workforce; and
  • More than 90% high school students agreed that JA’s programs prepared them to make ethical business decisions once they join the workforce.

Program Long-Term Success 

It’s been said that if you want to see the future of our country all you have to do is look at our children today. So consider this: 7,000 students drop out of high school every day, 1.3 million failed to graduate last year, and 15 million more will join them by 2020. What does the future hold for our young people? Given our current economy and education circumstances, one can only guess. A recent study shows that a major reason young people drop out of school is because they do not see the correlation between what they are learning in the classroom to what is needed to succeed in the real world. Junior Achievement helps bridge this critical gap through its programs that teach financial literacy for life.

College and career preparation are vital to the success of today’s students. However, the issues are too great for educators to address alone. Educators need the support of community partnerships with businesses to help students become better prepared to meet the complex and troubling challenges of economic issues. In helping to create and sustain the partnerships between educators and commerce, JA is able to provide this vital link of bringing the real world to students, and creating the connections that open minds to the realization of personal potential.

Students must learn to connect academic success with future success. With this understanding, students are more likely to continue education through graduation and become contributing members of society. To be effective, this preparation must begin early in the academic career, be frequent and reinforced, and be sequentially organized and expanded at every grade level. This ideal model of JA’s curricula provides students with a variety of experiences and activities that include relevant, hands-on, out-of-the-desk, practical learning projects. Theconcepts and skills learned are reinforced and integrated with required subjects such as social studies, language arts, mathematics, and science. 

 

Program Success Monitored By 

JA’s volunteer-delivery model and program evaluation protocol sets the organization apart from non-profits since JA is one of only two major not-for-profits that has independent proof of program effectiveness. After more than 60 studies, JA programs have been found to have a significant impact on the knowledge, skill development and attitudes of students. These on-going studies indicate that JA students demonstrate a significant understanding of economics and business knowledge, particularly those involved in our programs through consecutive grade levels.

Across a wide variety of evaluations, JA has consistently demonstrated its capacity to effectively equip youth with the knowledge, skills, and attitudes necessary for future success. Simply put, students in JA financial literacy, workforce readiness and entrepreneurship programs are better prepared to enter the workforce. They are also better prepared for expanded STEM (science, technology, engineering, math) vocations, as well as a myriad of other careers. Ultimately, successful students have a positive impact on, and contribute to, our local, national and global economies.

Participating students will receive pre-program and post-program tests in order to determine the retention of course content. Locally, surveys are distributed to educators and volunteers to assess student learning from JA programs. Recent outcomes reveal that 100% of educators agree or strongly agree that the JA program was an effective learning experience for the class. 95% of educators also agree that JA programs helped students better understand business and economics.

National and local program evaluations are crucial to maintaining quality programs for our students. Teachers (95%) and volunteers (92%) report that students who participate in JA have a better understanding of how the real world operates. They also agree that JA students are comparatively better at working as a team. 

Examples of Program Success 

 "I felt like I could see my future opening up before me."

- Student, Acton-Boxborough Regional High School


K-12 Junior Achievement Programs

Junior Achievement (JA) programs teach important lessons to students in Kindergarten through 12thgrade regarding life skills – financial literacy skills like budgeting, saving, and investingl workforce readiness skills like collaboration and communication; and entrepreneurship skills like creativity and innovation. Delivered by corporate and community volunteers, each program is age-appropriate, dynamic, interactive, and aligns with Common Core standards. Programs are generally taught over a 5-8 week period, with flexibility to condense lessons into a one-day format, JA In A Day.  As time is a critical concern for student and volunteer schedules, many educators and companies opt for this learning model for program delivery. Most importantly to school systems, at a time when public funding is being slashed, all Junior Achievement programs are provided at no cost to school and after-school organizations.

 

Budget  $850.00
Category  Education, General/Other Educational Programs
Population Served K-12 (5-19 years) At-Risk Populations Poor,Economically Disadvantaged,Indigent
Program Short-Term Success 
Key findings from past JA surveys indicate program impact is quantified by the following data, and expected as realistic outcomes for all participating students:
  • Elementary school students who participated in JA possess more basic economic, personal finance, and business knowledge than non-JA students;
  • The majority of middle school students (71%) participating in JA programs reported that JA helped recognize the importance of education and provided motivation to work harder to achieve personal goals;
  • JA students are 7% more likely to matriculate to college immediately after high school;
  • 80% of participating high school students stated that they felt better prepared to join the workforce; and
  • More than 90% high school students agreed that JA’s programs prepared them to make ethical business decisions once they join the workforce.

Program Long-Term Success 
It’s been said that if you want to see the future of our country all you have to do is look at our children today. So consider this: 7,000 students drop out of high school every day, 1.3 million failed to graduate last year, and 15 million more will join them by 2020. What does the future hold for our young people? Given our current economy and education circumstances, one can only guess. A recent study shows that a major reason young people drop out of school is because they do not see the correlation between what they are learning in the classroom to what is needed to succeed in the real world. Junior Achievement helps bridge this critical gap through its programs that teach financial literacy for life.

College and career preparation are vital to the success of today’s students. However, the issues are too great for educators to address alone. Educators need the support of community partnerships with businesses to help students become better prepared to meet the complex and troubling challenges of economic issues. In helping to create and sustain the partnerships between educators and commerce, JA is able to provide this vital link of bringing the real world to students, and creating the connections that open minds to the realization of personal potential.

Students must learn to connect academic success with future success. With this understanding, students are more likely to continue education through graduation and become contributing members of society. To be effective, this preparation must begin early in the academic career, be frequent and reinforced, and be sequentially organized and expanded at every grade level. This ideal model of JA’s curricula provides students with a variety of experiences and activities that include relevant, hands-on, out-of-the-desk, practical learning projects. Theconcepts and skills learned are reinforced and integrated with required subjects such as social studies, language arts, mathematics, and science. 

Program Success Monitored By 
Junior Achievement's volunteer-delivery model and program evaluation protocol sets the organization apart from non-profits since JA is one of only two major not-for-profits that has independent proof of program effectiveness. After more than 60 studies, JA programs have been found to have a significant impact on the knowledge, skill development and attitudes of students. These on-going studies indicate that JA students demonstrate a significant understanding of economics and business knowledge, particularly those involved in our programs through consecutive grade levels.

Across a wide variety of evaluations, JA has consistently demonstrated its capacity to effectively equip youth with the knowledge, skills, and attitudes necessary for future success. Simply put, students in JA financial literacy, workforce readiness and entrepreneurship programs are better prepared to enter the workforce. They are also better prepared for expanded STEM (science, technology, engineering, math) vocations, as well as a myriad of other careers. Ultimately, successful students have a positive impact on, and contribute to, our local, national and global economies.

Participating students will receive pre-program and post-program tests in order to determine the retention of course content. Locally, surveys are distributed to educators and volunteers to assess student learning from JA programs. Recent outcomes reveal that 100% of educators agree or strongly agree that the JA program was an effective learning experience for the class. 95% of educators also agree that JA programs helped students better understand business and economics.

National and local program evaluations are crucial to maintaining quality programs for our students. Teachers (95%) and volunteers (92%) report that students who participate in JA have a better understanding of how the real world operates. They also agree that JA students are comparatively better at working as a team. 

Examples of Program Success 
Testimonial from Student, in a handwritten note sent to volunteer:
"Thank you for teaching us about money around the world.  I did not know other countries had different money.  That was cool to learn."

CEO/Executive Director/Board Comments


Management


CEO/Executive Director Mr. Radhames Nova
CEO Term Start Oct 2016
CEO Email [email protected]
CEO Experience

Radhames Nova joined Junior Achievement of Northern New England in October 2016 as President & CEO, overseeing a staff of 10 and responsible for the organization’s overall operations and strategy to move the mission forward.

Prior to joining Junior Achievement, Rad served as Senior Vice President of Strategic Partnerships for the Association of Latino Professionals for America (ALPFA), the largest Latino professional organization in the United States with over 72,000 members, where he was responsible for overseeing some of the organization’s largest national corporate partnerships and a pilot partnership between JA and ALPFA. He was the Executive Director of the ALPFA Boston Chapter from 2011 to 2015.

From 2002 to 2006 Rad served as Director of Development for the Boys & Girls Club of Lawrence, Massachusetts, raising $1.8M annually for operations and leading the organization to a record breaking $8.5M capital campaign to build a new facility. Prior to that, he served as a Peace Corps Volunteer in South Africa. Beyond the nonprofit sector, Rad has held positions in the financial services industry – notably the Fidelity Charitable Gift Fund and SCS Financial. After five years working in the investments industry, Rad returned to his mission-driven career when he joined ALPFA in 2011.

Rad obtained his B.A. from Middlebury College and his MBA from Boston University. Born in the Dominican Republic, he immigrated to the United States 27 years ago and currently lives in Salem New Hampshire with his wife Alexandra and their three children.


“My life’s purpose is to provide as many young people as possible, especially inner-city youth, the same opportunities to succeed I was offered as a young man. I am humbled and privileged to pay it forward to thousands of young people though JA’s programs.”

Co-CEO --
Co-CEO Term Start --
Co-CEO Email --
Co-CEO Experience --

Former CEOs and Terms

Name Start End
-- -- --

Senior Staff

Name Title Experience/Biography
Ms. Amanda Doyle Bouvier Director of Development & Marketing --
Mr. Paulo Frade Director of Finance and Operations --
Ms. Deirdre O'Connor Mitchell Director of Programs --

Awards

Award Awarding Organization Year
-- -- --

Affiliations

Affiliation Year
Junior Achievement Worldwide 1945
Member of state association of nonprofits? Yes
Name of state association Mass Nonprofit Network

External Assessments and Accreditations

External Assessment or Accreditation Year
-- --

Collaborations

--

CEO/Executive Director/Board Comments

--

Foundation Comments

--

Staff Information

Number of Full Time Staff 9
Number of Part Time Staff 1
Number of Volunteers 1,516
Number of Contract Staff 0
Staff Retention Rate % 90%

Staff Demographics

Ethnicity African American/Black: 1
Asian American/Pacific Islander: 0
Caucasian: 7
Hispanic/Latino: 2
Native American/American Indian: 0
Other: 0
Other (if specified): 0
Gender Female: 7
Male: 3
Not Specified 0

Plans & Policies

Organization has Fundraising Plan? Under Development
Organization has Strategic Plan? Under Development
Years Strategic Plan Considers --
Management Succession Plan Under Development
Business Continuity of Operations Plan No
Organization Policies And Procedures Under Development
Nondiscrimination Policy Yes
Whistle Blower Policy No
Document Destruction Policy Yes
Directors and Officers Insurance Policy --
State Charitable Solicitations Permit Yes
State Registration --

Risk Management Provisions

--

Reporting and Evaluations

Management Reports to Board? Yes
CEO Formal Evaluation and Frequency Yes Semi-Annually
Senior Management Formal Evaluation and Frequency Yes Semi-Annually
Non Management Formal Evaluation and Frequency Yes Semi-Annually

Governance


Board Chair Mr. Rick Tyson Jr.
Board Chair Company Affiliation Wilmington Trust
Board Chair Term Apr 2016 -
Board Co-Chair --
Board Co-Chair Company Affiliation --
Board Co-Chair Term -

Board Members

Name Company Affiliations Status
Mr. Tom Allen AIG Property & Casualty Voting
Ms. Christine Barry Windham Professionals Voting
Mr. Bob Boudreau WinterWyman Voting
Mr. James Boyer KPMG, LLP Voting
Mr. Brendan Callahan Jones Lang LaSalle Voting
Mr. Edward Casale formerly, Verizon Voting
Mr. Chip Cook MullenLowe Voting
Ms. Migdalia Diaz ALPFA, Inc. Voting
Mr. Bill Driscoll Robert Half Voting
Ms. Amy Fracassini Davis, Malm & D'Agostine, P.C. Voting
Ms. Marisa Gianino State Street Global Advisors Voting
Mr. Robert Hazard People's United Bank Voting
Mr. William Herp Linear Air Voting
Mr. Raymond C. Hoefling Webster Bank, N.A. Voting
Mr. Luke Howarth Syrinx Consulting Voting
Ms. Cynthia Izzo KPMG Voting
Mr. Michael C. Jorgensen The Westin Copley Place Hotel Voting
Mr. Daniel L. Kabat PricewaterhouseCoopers LLP Voting
Mr. Brian Kalberer Accenture Voting
Mr. Haydon Keitner Nixon Peabody Voting
Mr. Brendan Kennedy Cambridge Savings Bank Voting
Mr. Bill Kracunas RSM Voting
Mr. Damien Leigh Staples, Inc. Voting
Mr. Chris Lemone Enterprise Fleet Management, Inc. Voting
Mr. Keith Linhart State Street Finance Global Markets Voting
Mr. Jamie Luce Liberty Mutual Group Voting
Mr. Dan McCarthy Columbia Threadneedle Investments Voting
Mr. George Moore Cengage Learning Voting
Mr. George Moore Cengage Learning Voting
Ms. Gale Murray The Business Journals Voting
Ms. Emily Neill Robert Half Executive Search Voting
Mr. Russell D. Norris Slalom Consulting Voting
Mr. Radhames Nova Junior Achievement of Northern New England Voting
Mr. Raj Pathak Morgan Stanley Smith Barney Voting
Mr. Ed Perkin Eaton Vance Voting
Mr. Calvin Place Diversified Financial Management Voting
Mr. Mark E. Reilly Comcast Voting
Mr. Glenn Ricciardelli MDD Forensic Accountants Voting
Ms. Heide Rosier Accenture Voting
Ms. Andreana Santangelo Blue Cross Blue Shield Voting
Ms. Gloria Spence Retired Voting
Ms. Betsy Stewart Bank of America Merrill Lynch Voting
Mr. Craig Stockmal Standard Register Voting
Mr. Jimmy Suppelsa FactSet Voting
Mr. Rick Tyson Boston Private Bank & Trust Company Voting
Mr. David A. Weber MIT Sloan School of Management Voting
Mr. Mike Winn Boston College IMG Sports Marketing Voting
Ms. Amy Zidow Ernst & Young LLP Voting

Constituent Board Members

Name Company Affiliations Status
-- -- --

Youth Board Members

Name Company Affiliations Status
-- -- --

Advisory Board Members

Name Company Affiliations Status
-- -- --

Board Demographics

Ethnicity African American/Black: 0
Asian American/Pacific Islander: 0
Caucasian: 43
Hispanic/Latino: 4
Native American/American Indian: 0
Other: 0
Other (if specified): 0
Gender Female: 12
Male: 35
Not Specified 0

Board Information

Board Term Lengths 3
Board Term Limits 0
Board Meeting Attendance % 80%
Written Board Selection Criteria Under Development
Written Conflict Of Interest Policy Yes
Percentage of Monetary Contributions 90%
Percentage of In-Kind Contributions 100%
Constituency Includes Client Representation No

Standing Committees

  • Board Development / Board Orientation
  • Development / Fund Development / Fund Raising / Grant Writing / Major Gifts
  • Executive
  • Finance
  • Marketing
  • Nominating
  • Program / Program Planning
  • Special Events (Golf Tournament, Walk / Run, Silent Auction, Dinner / Gala)

CEO/Executive Director/Board Comments

The Board of Directors of Junior Achievement (JA) is comprised of 47 active leaders from the Massachusetts and New Hampshire business communities who share the JA mission, “to inspire and prepare young people to succeed in a global economy.”  Board members are expected to serve a three-year term, and fulfill service as an effective advocate of JA by assisting in the advancement of the JA mission through providing and supporting volunteer, development and financial resources.

The Junior Achievement of Northern New England (JAofNNE) Board of Directors is currently undergoing an overall reorganization of its membership, governance policies, and management operation.  Efforts are underway to recruit board members representing diversity in gender, nationality, and industry sectors.  Leadership members for key JAofNNE territory areas, New Hampshire and Worcester, are also being sought for service. These efforts to bolster the JAofNNE Board are expected to better engage board members, stream-line processes and open new arenas of networking and fundraising opportunities.  The JAofNNE FY18 class of Board of Directors will have a comprehensive schedule of orientation measures, training and evaluation processes, as well as a dedicated website portal designed specifically for Board member functions.   

 

Foundation Comments

--

Financials


Revenue vs. Expense ($000s)

Expense Breakdown 2016 (%)

Expense Breakdown 2015 (%)

Expense Breakdown 2014 (%)

Prior Three Years Total Revenue and Expense Totals

Fiscal Year 2016 2015 2014
Total Revenue $1,150,458 $1,621,507 $1,858,945
Total Expenses $1,425,590 $1,618,673 $1,610,762

Prior Three Years Revenue Sources

Fiscal Year 2016 2015 2014
Foundation and
Corporation Contributions
$522,038 $709,599 $788,076
Government Contributions $0 $0 $0
    Federal -- -- --
    State -- -- --
    Local -- -- --
    Unspecified -- -- --
Individual Contributions $186,296 $250,276 $297,148
Indirect Public Support -- -- --
Earned Revenue -- -- --
Investment Income, Net of Losses $-25,828 $-25,040 $60,215
Membership Dues -- -- --
Special Events $427,554 $666,940 $624,479
Revenue In-Kind $23,199 $450 $77,059
Other $17,199 $19,282 $11,968

Prior Three Years Expense Allocations

Fiscal Year 2016 2015 2014
Program Expense $884,713 $916,941 $968,590
Administration Expense $227,069 $289,050 $256,605
Fundraising Expense $313,808 $412,682 $385,567
Payments to Affiliates -- -- --
Total Revenue/Total Expenses 0.81 1.00 1.15
Program Expense/Total Expenses 62% 57% 60%
Fundraising Expense/Contributed Revenue 28% 25% 23%

Prior Three Years Assets and Liabilities

Fiscal Year 2016 2015 2014
Total Assets $1,027,301 $1,241,412 $1,234,626
Current Assets $275,650 $536,983 $535,860
Long-Term Liabilities $0 $0 $14,504
Current Liabilities $188,728 $127,707 $109,251
Total Net Assets $838,573 $1,113,705 $1,110,871

Prior Three Years Top Three Funding Sources

Fiscal Year 2016 2015 2014
1st (Source and Amount) -- --
-- --
-- --
2nd (Source and Amount) -- --
-- --
-- --
3rd (Source and Amount) -- --
-- --
-- --

Financial Planning

Endowment Value $726,000.00
Spending Policy Percentage
Percentage(If selected) 3.0%
Credit Line Yes
Reserve Fund No
How many months does reserve cover? --

Capital Campaign

Are you currently in a Capital Campaign? No
Capital Campaign Purpose --
Campaign Goal --
Capital Campaign Dates -
Capital Campaign Raised-to-Date Amount --
Capital Campaign Anticipated in Next 5 Years? --

Short Term Solvency

Fiscal Year 2016 2015 2014
Current Ratio: Current Assets/Current Liabilities 1.46 4.20 4.90

Long Term Solvency

Fiscal Year 2016 2015 2014
Long-term Liabilities/Total Assets 0% 0% 1%

CEO/Executive Director/Board Comments

--

Foundation Comments

Financial summary data in the charts and graphs above are per the organization's audited financials. Contributions from foundations and corporations are listed under individuals when the breakout was not available.

Documents


Other Documents

No Other Documents currently available.

Impact

The Impact tab is a section on the Giving Common added in October 2013; as such the majority of nonprofits have not yet had the chance to complete this voluntary section. The purpose of the Impact section is to ask five deceptively simple questions that require reflection and promote communication about what really matters – results. The goal is to encourage strategic thinking about how a nonprofit will achieve its goals. The following Impact questions are being completed by nonprofits slowly, thoughtfully and at the right time for their respective organizations to ensure the most accurate information possible.


1. What is your organization aiming to accomplish?

JA's ultimate goal is to prepare students in Grades K-12 to live self-sustaining lives, owning their economic success. Grade-appropriate educational programs address financial literacy, workforce readiness, and entrepreneurship. JA USA is constantly updating curricula and rolling out new, blended-learning formats that help students clearly understand how to make sound career and financial decisions.

2. What are your strategies for making this happen?

JA of Northern New England (JANNE) conducts meetings with state policy-makers and education administrators to help bridge gaps in students' education on financial literacy and work readiness.

3. What are your organization’s capabilities for doing this?

In addition to JANNE's seat at the table described above, over 2,000 corporate volunteers are involved in delivering all local JA programs annually. Our extensive network of corporate and influential community agencies has earned us numerous awards.

4. How will your organization know if you are making progress?

A key objective is to have more penetration at the middle school level in the Boston and Worcester Public Schools. Middle school is a pivotal age when many students decide to drop out of school, or may become disheartened about their ability to achieve success. The specific program we hope to bring to more of these students is JA Finance Park Virtual, a classroom curriculum that presents basic personal economic principles followed by a computer-simulation of an adult-life scenario that requires making financial and career decisions.

5. What have and haven’t you accomplished so far?

Recently, officials with the Worcester Public School system requested meetings with JANNE leadership; teachers want JA programs for their students! The president of JANNE also recently met with Massachusetts DESE representatives which are leading to productive new partnerships.