Junior Achievement USA

Tax-deductible

Colorado Springs, CO501(c)(3)Since 1992Youth DevelopmentEIN 84-1267604

To inspire and prepare young people to succeed in a global economy. See additional mission information on schedule o.

501(c)(3) charity; gifts are tax-deductible.
86¢ of each $1 spent went to programs.
Run by 35 volunteers and 94 employees.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX · People: Part I, lines 5–6

Before you give

FY2024 · Form 990Independent: from IRS data, not the org
Download 990
IRS status
501(c)(3)
not on the IRS revocation list
Looks good: listed by the IRS and not on the revocation list.
IRS BMF · Auto-Revocation List
Tax-deductible gifts
Yes
Donations are tax-deductible
Looks good: the IRS lists gifts to it as deductible.
IRS Pub. 78 · IRS BMF
Latest return
FY2024
latest Form 990
Looks good: the latest return is for FY2024, 2 tax years back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
4 of 5
filings with a surplus
Average surplus $4.2M a year · 12% of revenue · last 5 filings
Fine: a surplus in 4 of the last 5 filings.
Pt I · Ln 19 · 5 filings
Spent on programs
86%
of spending
Looks good: 86% of spending went to programs; 75% or more.
Pt IX · Ln 25 · col B
Pay to officers and key staff
$5.1M
to officers and key staff · 9% of spending
Top officer’s pay higher than 98% of similar orgs
Looks good: pay to officers and key staff is 9% of spending; 15% or less.
Pt VII · Sec A
Cash reserves
2 mo
of spending, in cash
Fine: 1.7 months of spending in cash; 1 to 3.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
4
named funders · $78K
Looks good: 4 funders name it on their filings; 3 or more.
Funders’ Sch. I, 990-PF
Liabilities
$16.3M
23% of total assets
Looks good: liabilities are 23% of assets; 50% or less.
Pt X · Ln 26
Independent board members
34
of 35 voting members
Looks good: 34 of 35 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$65.9M
+84% vs prior year
Spent
$59.4M
To programs
86%
Net assets
$53.8M
By yearFY2020–FY2024
Revenue
$65.9M
FY2024▲ +84%
Revenue by fiscal year
FY2020$29.5M
FY2021$24.9M
FY2022$32.8M
FY2023$57.6M
FY2024$35.8M
FY2024$65.9M
Expenses
$59.4M
FY2024▲ +54%
Expenses by fiscal year
FY2020$28.6M
FY2021$23.6M
FY2022$27.1M
FY2023$41.5M
FY2024$38.6M
FY2024$59.4M
Net assets
$53.8M
FY2024▲ +16%
Net assets by fiscal year
FY2020$26.2M
FY2021$27.7M
FY2022$30.2M
FY2023$47.6M
FY2024$46.5M
FY2024$53.8M

From the FY2024 Form 990 · figures checked against the IRS filing · see the original

Give Claim

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2024. IRS ruling in Jan 1994.

IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File

Where the money goes

86 cents of each dollar spent went to programs.

Program services 86% · $51.1M Management & general 11% · $6.4M Fundraising 3% · $1.9M

Form 990 Part IX, line 25, columns B–D. Every line is in By the numbers.

Who runs it and what they're paid

54 people listed on the 990; $5.1M paid to officers and key staff.

Part VII, Section A · reportable compensation
President & CEO (end 6/30/2024)
$672,209Pt VII · Sec A
$497,102Pt VII · Sec A
Chief Education & Learning Technologies Officer
$429,744Pt VII · Sec A
Chief Marketing Officer
$373,212Pt VII · Sec A
Chief Financial Officer
$354,142Pt VII · Sec A
Chief Development Officer
$351,049Pt VII · Sec A
Chief Information Technology Officer
$344,762Pt VII · Sec A
Chief Human Resources & Diversity Officer
$314,038Pt VII · Sec A

Jack Kosakowski’s $672K as President & CEO (end 6/30/2024) is at the 98th percentile of top reported officer pay among 189 $10–100M youth development nonprofits. Peer set: organizations in the same NTEE major field of work and revenue-size band, compared on each org’s own highest-paid officer/key-employee, from Form 990 Part VII / 990-PF Part VIII. Descriptive placement, not a verdict on whether the pay is appropriate.

Compensation history total reportable pay by year · 8 named individuals · Part VII

NameFY2024FY2024FY2023FY2022FY2021FY2020
Jack Kosakowski—$858,223—$683,628——
Jack Kosakowski$672,209—$820,076———
Jack E Kosakowski————$536,381$536,383
Timothy Greinert$497,102—————
Timothy Greinert—$476,174$423,195—$272,031$293,426
Cecil Thibodeaux———$434,615$344,298$373,458
Mary Catherine Desrosiers$429,744—————
Mary Catherine Desrosiers—$428,530$382,206$304,682$251,168$268,968

Total reportable compensation (Form 990 Part VII column D / Schedule J column E) by filing year, matched by name within this organization. The Schedule J base / bonus / deferred breakdown is not parsed into this dataset.

See Junior Achievement USA executive salaries →

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Questions the 990 asks

The form asks each of these directly. These are the filed answers.

  • Family or business ties among officersPt VI · Ln 2No
  • Top official's pay set by an independent reviewPt VI · Ln 15aYes

Programs and updates

Empowers youth to achieve economic success through volunteer-led programs teaching financial literacy, work readiness, and entrepreneurship to millions of students nationwide.

Provided by the organization

This section is blank until Junior Achievement USA claims this page.

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1 program service account for $51.1M of program spending, described in the organization's own filed words · FY2024.
01

The organization assisted its us ja areas in setting up AND/OR maintaining their own organization to administer junior achievement programs. Ja areas reached approximately 4.8 million elementary through post secondary students for the year ended 6/30/2025.

$51.1Mprogram expense

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Funders

Who pays for it.

From grant filings on record. Receipts are incomplete: individual donors are never listed.

Grants

Schedule I · received and paid
Grants received · FY2025
See all 4 funders →
Grants paid · 519 grants · $67.6M · 2019–2024
See all 519 grants →

By the numbers

The FY2024 990, line by line.

1The main four
Money inPt VIII
$65.9M
Ln 12
Gifts and grantsLn 1h$45.6M
Fees for servicesLn 2g$16.3M
Investment incomeLn 3$3.0M
Money outPt IX
$59.4M
Ln 25
Programscol B$51.1M
Managementcol C$6.4M
Fundraisingcol D$1.9M
Owns and owesPt X
$53.8M
net assets · Ln 32
Cash and savingsLn 1–2$8.2M
Total assetsLn 16$70.1M
LiabilitiesLn 26$16.3M
PeoplePt VI, VII
54
listed · VII A
PaidVII A16
Voting boardVI 1a35
IndependentVI 1b34
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$45.6M
Noncash giftsLn 1g$67K
Fees for servicesLn 2g$16.3M
Investment incomeLn 3$3.0M
Other incomeLn 4–11$994K
Gains on assetsLn 7$1.3M
Total revenueLn 12$65.9M
Assets in detailPt X, end of year
CashLn 1$3.6M
SavingsLn 2$4.6M
Cash and savings togetherLn 1–2$8.2M
InvestmentsLn 11–13$41.5M
Land, buildings, equipmentLn 10c$3.6M
Other assetsLn 15$3.0M
Total assetsLn 16$70.1M
LiabilitiesLn 26$16.3M
Net assetsLn 32$53.8M
OperationsPt I, VI
EmployeesI 594
VolunteersI 635
Fiscal year endsHeaderDecember
Conflict-of-interest policyVI 12aYes
Whistleblower policyVI 13Yes
Records policyVI 14Yes
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY24End FY24
Cash and savingsLn 1–2$15.5M$8.2M
InvestmentsLn 11–13$28.1M$41.5M
Land, buildings, equipmentLn 10c$2.2M$3.6M
Total assetsLn 16$57.0M$70.1M
LiabilitiesLn 26$10.5M$16.3M
Net assetsLn 32$46.5M$53.8M
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Grants to domestic organizationsLn 1$27.0M$27.0M
Grants and assistance to foreign recipientsLn 3$131K$131K
Pay of current officers, directors and key staffLn 5$4.0M$3.2M$433K$401K
Pay of disqualified personsLn 6$306K$242K$33K$31K
Other salaries and wagesLn 7$6.6M$5.2M$708K$655K
Pension plan contributionsLn 8$262K$208K$28K$26K
Other employee benefitsLn 9$1.6M$1.2M$169K$156K
Payroll taxesLn 10$793K$628K$85K$79K
Legal feesLn 11b$208K$101K$54K$54K
Accounting feesLn 11c$112K$28K$84K
Lobbying feesLn 11d$27K$27K
Investment management feesLn 11f$166K$166K
Other fees for servicesLn 11g$1.5M$1.1M$311K$152K
Advertising and promotionLn 12$848K$805K$42K
Office expensesLn 13$140K$115K$13K$13K
Information technologyLn 14$4.3M$3.0M$1.3M
OccupancyLn 16$226K$179K$24K$23K
TravelLn 17$762K$572K$70K$120K
Conferences, conventions and meetingsLn 19$1.1M$178K$904K$40K
Payments to affiliatesLn 21$1.7M$432K$1.3M
Depreciation, depletion and amortizationLn 22$63K$50K$7K$6K
Other expenses (24a–d)Ln 24$6.8M$6.2M$543K$98K
All other expensesLn 24e$732K$635K$37K$60K
Total functional expensesLn 25$59.4M$51.1M$6.4M$1.9M

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2024 $35.8M$38.6M−$2.8M$46.5M 990 PDF
FY2023 $57.6M$41.5M$16.0M$47.6M 990 PDF
FY2022 $32.8M$27.1M$5.7M$30.2M 990 PDF
FY2021 $24.9M$23.6M$1.3M$27.7M 990 PDF
FY2020 $29.5M$28.6M$914K$26.2M 990 PDF

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Schedules filed Part IV

III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
See the full FY2024 990 (4 parts)
Part VIII · Statement of revenue $65,850,281 across 10 lines filed
Lines not itemized here account for $196,002 of total revenue; see the IRS return.
VIII-1a Federated campaigns$33,646
VIII-1d Related organizations$150,000
VIII-1f All other contributions, gifts and grants$45,414,468
VIII-1g Noncash contributions (included above)$67,141
VIII-1h Total contributions, gifts and grants$45,598,114
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Related to mission $16,268,764$16,268,764
VIII-3 Investment incomeExcluded from tax $1,689,287$1,689,287
VIII-7 Net gain or loss on sales of assetsExcluded from tax $1,300,270$1,300,270
VIII-11a-d Other revenue, itemized rows (sum of 11a–11d as filed)Related to mission $413,032 · Excluded from tax $384,812$797,844
VIII-12 Total revenueRelated to mission $16,877,798 · Unrelated business $0 · Excluded from tax $3,374,369$65,850,281
Part IX · Statement of functional expenses $59,382,302 across 23 lines filed
IX-1 Grants to domestic organizationsPrograms $26,969,102$26,969,102
IX-3 Grants and assistance to foreign recipientsPrograms $131,225$131,225
IX-5 Pay of current officers, directors and key staffPrograms $3,181,435 · Management $432,810 · Fundraising $400,691$4,014,936
IX-6 Pay of disqualified personsPrograms $242,409 · Management $32,978 · Fundraising $30,531$305,918
IX-7 Other salaries and wagesPrograms $5,203,415 · Management $707,885 · Fundraising $655,352$6,566,652
IX-8 Pension plan contributionsPrograms $207,910 · Management $28,285 · Fundraising $26,186$262,381
IX-9 Other employee benefitsPrograms $1,241,368 · Management $168,879 · Fundraising $156,346$1,566,593
IX-10 Payroll taxesPrograms $628,387 · Management $85,487 · Fundraising $79,143$793,017
IX-11b Legal feesPrograms $100,809 · Management $53,737 · Fundraising $53,737$208,283
IX-11c Accounting feesPrograms $28,113 · Management $84,338$112,451
IX-11d Lobbying feesManagement $27,000$27,000
IX-11f Investment management feesManagement $166,016$166,016
IX-11g Other fees for servicesPrograms $1,053,364 · Management $310,705 · Fundraising $151,563$1,515,632
IX-12 Advertising and promotionPrograms $805,301 · Management $42,384$847,685
IX-13 Office expensesPrograms $114,787 · Management $12,996 · Fundraising $12,561$140,344
IX-14 Information technologyPrograms $2,964,949 · Management $1,325,860$4,290,809
IX-16 OccupancyPrograms $179,410 · Management $24,407 · Fundraising $22,596$226,413
IX-17 TravelPrograms $572,119 · Management $70,087 · Fundraising $119,604$761,810
IX-19 Conferences, conventions and meetingsPrograms $178,479 · Management $903,619 · Fundraising $40,410$1,122,508
IX-21 Payments to affiliatesPrograms $432,154 · Management $1,296,463$1,728,617
IX-22 Depreciation, depletion and amortizationPrograms $49,673 · Management $6,758 · Fundraising $6,256$62,687
IX-24 Other expenses (24a–d)Programs $6,189,218 · Management $543,468 · Fundraising $97,746$6,830,432
IX-24e All other expensesPrograms $635,109 · Management $36,738 · Fundraising $59,944$731,791
IX-25 Total functional expensesPrograms $51,108,736 · Management $6,360,900 · Fundraising $1,912,666$59,382,302
Part X · Balance sheet $70,137,024 assets, 18 lines filed
X-1 Cash, non-interest-bearingStart of year $5,489,799$3,634,595
X-2 Savings and temporary cash investmentsStart of year $10,031,416$4,599,752
X-3 Pledges and grants receivableStart of year $5,224,388$10,953,398
X-4 Accounts receivableStart of year $1,004,465$861,525
X-8 Inventories for sale or useStart of year $1,452,190$1,092,476
X-9 Prepaid expenses and deferred chargesStart of year $624,007$947,537
X-10c Land, buildings and equipment, netStart of year $2,176,839$3,578,731
X-11 Publicly traded securitiesStart of year $28,121,215$41,511,100
X-15 Other assetsStart of year $2,910,009$2,957,910
X-16 Total assetsStart of year $57,034,328$70,137,024
X-17 Accounts payable and accrued expensesStart of year $3,881,356$3,776,122
X-19 Deferred revenueStart of year $770,120$1,162,797
X-25 Other liabilitiesStart of year $2,792,134$2,680,006
X-26 Total liabilitiesStart of year $10,507,995$16,345,354
X-27 Net assets without donor restrictionsStart of year $34,579,926$28,378,179
X-28 Net assets with donor restrictionsStart of year $11,946,407$25,413,491
X-32 Total net assets or fund balancesStart of year $46,526,333$53,791,670
X-33 Total liabilities and net assetsStart of year $57,034,328$70,137,024
Part XI · Reconciliation of net assets $53,791,670 net assets at year end
XI-1 Total revenue$65,850,281
XI-2 Total expenses$59,382,302
XI-3 Revenue less expenses$6,467,979
XI-4 Net assets at start of year$46,526,333
XI-5 Net unrealized gains (losses) on investments$797,358
XI-9 Other changes in net assets$0
XI-10 Net assets at end of year$53,791,670

Form 990 e-file (XML) FY2024 from the IRS · Classification, formation year and address from the IRS Business Master File

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