2025-05-07T15:41:54-05:00 2024-06-30 410746749 CLIFTONLARSONALLEN LLP 420 SOUTH ORANGE AVENUE SUITE 900 ORLANDO FL 32801 990 2023-07-01 590972112 JUNIOR ACHIEVEMENT OF CENTRAL FLORIDA INC JUNI 4078982121 2121 CAMDEN ROAD ORLANDO FL 32803 KAREN REVELS PRESIDENT & CEO 4078982121 2025-05-07 1 1 AMY CHAPMAN P00843460 4078021200 2025-05-07 2023 2025-03-06 01:10:19Z KAREN REVELS 2121 CAMDEN ROAD ORLANDO FL 32803 2664936 0 X WWW.JACENTRALFL.ORG X 1985 FL DELIVERS EXPERIENTIAL PROGRAMS FOR STUDENTS IN FIN LITERACY, CAREER READINESS & ENTREPRENEURSHIP. 51 51 19 558 0 0 1468564 2449689 0 0 15501 17573 140085 38083 1624150 2505345 0 0 0 0 1145310 1176021 0 0 142032 859274 1016946 2004584 2192967 -380434 312378 1533522 1913127 169938 164913 1363584 1748214 X JACF EMPOWERS STUDENTS TO ECONOMIC SUCCESS BY DELIVERING INNOVATIVE, EXPERIENTIAL LEARNING PROGRAMS IN FIN LITERACY, CAREER READINESS, AND ENTREPRENEURSHIP. PARTNERSHIPS WITH EDUCATORS AND BUSINESS LEADERS INSPIRE AND PREPARE STUDENTS TO SUCCEED IN A GLOBAL ECONOMY. 0 0 1503178 EMPOWERING STUDENTS THROUGH FINANCIAL LITERACY AND WORK READINESS: JUNIOR ACHIEVEMENT OF CENTRAL FLORIDA (JACF) IS COMMITTED TO EQUIPPING YOUNG PEOPLE WITH THE SKILLS AND MINDSET THEY NEED TO BUILD SUCCESSFUL FUTURES. BY DELIVERING EDUCATIONAL PROGRAMS CENTERED ON FINANCIAL LITERACY, WORK READINESS, AND ENTREPRENEURSHIP, JACF SUPPORTS STUDENTS ACROSS ORANGE, OSCEOLA, VOLUSIA, AND SEMINOLE COUNTIES. SINCE ITS INCEPTION, JACF HAS IMPACTED THE LIVES OF MORE THAN 2,000,000 STUDENTS. IN THE 2023-2024 SCHOOL YEAR ALONE, JACF PROVIDED OVER 50,000 STUDENTS WITH NEARLY 1 MILLION HOURS OF INSTRUCTION. ADVANCING HIGH SCHOOL EDUCATION THROUGH THE 3DE MODEL (CONTINUED ON SCHEDULE O)THE 3DE BY JUNIOR ACHIEVEMENT PROGRAM LAUNCHED IN CENTRAL FLORIDA DURING THE 2019-2020 SCHOOL YEAR, STARTING WITH OAK RIDGE HIGH SCHOOL (ORLANDO) AND OSCEOLA HIGH SCHOOL (KISSIMMEE). THE 3DE MODEL TRANSFORMS HIGH SCHOOL EDUCATION BY INTEGRATING BUSINESS CONCEPTS AND REAL-WORLD CHALLENGES DIRECTLY INTO THE CLASSROOM ACROSS ALL CORE SUBJECTS. KEY EDUCATIONAL BENEFITS: ENHANCES RELEVANCE AND ENGAGEMENT BY CONNECTING ACADEMICS TO REAL-WORLD EXPERIENCES. DEEPENS UNDERSTANDING THROUGH SUSTAINED BUSINESS ENGAGEMENT. ENCOURAGES APPLICATION OF ACADEMIC CONCEPTS TO FOSTER SKILL DEVELOPMENT AND KNOWLEDGE RETENTION. OUTCOMES: IN 2023-2024, THE PROGRAM ENROLLED 954 STUDENTS ACROSS THREE HIGH SCHOOLS: OAK RIDGE, OSCEOLA, AND NEWLY ADDED OCOEE HIGH SCHOOL. STUDENTS PARTNERED WITH 150 BUSINESS PROFESSIONALS, PARTICIPATING IN NEARLY 700 HOURS OF COACHING AND PROBLEM-SOLVING EXERCISES BASED ON REAL BUSINESS CASE STUDIES.LOOKING AHEAD, TWO ADDITIONAL SCHOOLS-EAST RIVER HIGH SCHOOL AND INNOVATION HIGH SCHOOL-WILL LAUNCH 3DE PROGRAMS IN 2024-2025, FURTHER EXPANDING THE MODEL'S FOOTPRINT IN CENTRAL FLORIDA. 150167 ELEVATING CAREER AWARENESS THROUGH JA INSPIRE: JA INSPIRE IS A HYBRID PROGRAM DESIGNED TO PREPARE MIDDLE SCHOOL STUDENTS FOR FUTURE CAREER OPPORTUNITIES THROUGH A COMBINATION OF CLASSROOM INSTRUCTION AND A HANDS-ON CAREER EXPO. THE PROGRAM IS COMPOSED OF THREE INTEGRATED COMPONENTS: EIGHT HOURS OF IN-CLASS SESSIONS, PARTICIPATION IN THE JA INSPIRE CAREER EXPO, A POST-EVENT CLASSROOM DEBRIEF. AT THE EXPO, STUDENTS EXPLORE A WIDE RANGE OF CAREERS THROUGH INTERACTIVE EXHIBITS AND ACTIVITIES THAT REFLECT TOOLS AND TECHNOLOGIES USED IN VARIOUS INDUSTRIES. THIS EXPERIENCE IS CUSTOMIZED TO HIGHLIGHT HIGH-WAGE, HIGH-GROWTH SECTORS RELEVANT TO THE CENTRAL FLORIDA REGION (CONTINUED ON SCHEDULE O)2023-2024 PROGRAM IMPACT:1. NEARLY 23,000 HOURS OF CLASSROOM AND EXPERIENTIAL INSTRUCTION DELIVERED2. OVER 7,000 8TH-GRADE STUDENTS ENGAGED ACROSS THE REGIONINITIALLY LAUNCHED IN 2018, THE FIRST JA INSPIRE EVENT BROUGHT TOGETHER 3,000 STUDENTS FROM ALL 14 OSCEOLA PUBLIC MIDDLE SCHOOLS. STUDENTS VISITED OSCEOLA HERITAGE PARK, WHERE THEY EXPLORED OVER 47,000 SQUARE FEET OF INTERACTIVE, CAREER-THEMED STATIONS. THE CONTINUED SUCCESS OF JA INSPIRE DEMONSTRATES JACF'S ABILITY TO CONNECT STUDENTS WITH REAL-WORLD CAREER PATHWAYS, HELPING THEM ENVISION THEIR FUTURES AND STRENGTHENING THE REGIONAL WORKFORCE PIPELINE. 131398 JA FINANCE PARK VIRTUAL (FPV): A FLAGSHIP INITIATIVE, JA FINANCE PARK VIRTUAL, DELIVERED OVER 340,000 HOURS OF INSTRUCTION TO 24,000 8TH GRADERS AND GRADUATING SENIORS. THIS COMPREHENSIVE 25-HOUR PROGRAM INTRODUCES STUDENTS TO ESSENTIAL PERSONAL FINANCE CONCEPTS AS THEY PREPARE FOR ADULTHOOD. THE PROGRAM'S DIGITAL FORMAT ALLOWS TEACHERS TO CONDUCT LESSONS IN-PERSON OR REMOTELY, INCREASING ACCESSIBILITY AND FLEXIBILITY. THROUGH THE JA FPV SIMULATION, STUDENTS ARE ASSIGNED AVATARS WITH REAL-LIFE SCENARIOS. THEY PRACTICE BUDGETING AND MANAGING FINANCES ACROSS LIFE STAGES, INCLUDING RETIREMENT, BUILDING LONG-TERM FINANCIAL CAPABILITY. JACF COLLABORATES WITH SCHOOL DISTRICTS, EDUCATORS, AND BUSINESS PARTNERS TO ENSURE THE EFFECTIVE DELIVERY AND REACH OF THE PROGRAM THROUGHOUT THE REGION. 1784743 1 1 0 1 0 0 0 0 0 0 1 0 0 1 1 1 0 1 0 0 0 0 0 0 1 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 1 1 0 0 1 6 0 1 19 1 0 0 0 0 0 1 1 0 0 0 0 0 0 X 51 51 1 0 0 0 0 0 0 1 1 0 1 1 1 1 1 1 1 1 1 1 0 FL X X KAREN REVELS 4078982121 2121 CAMDEN RD ORLANDO FL 32803 JASON SCOTT BOARD CHAIR 1.00 0.00 X X 0 0 0 DIANE DIFEBBO TREASURER 1.00 1.00 X X 0 0 0 JENNIFER FLYNN DEAR CORPORATE SECRETARY 1.00 0.00 X X 0 0 0 FRAN KOROSEC IMMEDIATE PAST CHAIR 1.00 1.00 X X 0 0 0 TIM MYERS DIRECTOR 1.00 1.00 X 0 0 0 ALEC RAS DIRECTOR 1.00 0.00 X 0 0 0 NANCY ALVAREZ DIRECTOR 1.00 0.00 X 0 0 0 ANNE-MARIE HAYWARD DIRECTOR 1.00 0.00 X 0 0 0 BRIAN BOONE DIRECTOR 1.00 0.00 X 0 0 0 SARA DILL DIRECTOR 1.00 0.00 X 0 0 0 CHRIS CARMODY DIRECTOR 1.00 0.00 X 0 0 0 CHRIS JASKIEWICZ DIRECTOR 1.00 0.00 X 0 0 0 JESSE EISNER DIRECTOR 1.00 0.00 X 0 0 0 DERRICK VALKENBURG DIRECTOR 1.00 1.00 X 0 0 0 DRLANDON SHEPHARD DIRECTOR 1.00 0.00 X 0 0 0 DRMICHAEL HIRSCH DIRECTOR 1.00 0.00 X 0 0 0 DRSCOTT FLOWERS DIRECTOR 1.00 0.00 X 0 0 0 ELISHA GONZALEZ DIRECTOR 1.00 0.00 X 0 0 0 ERIC SOMMER DIRECTOR 1.00 0.00 X 0 0 0 ERIK WEINER DIRECTOR 1.00 0.00 X 0 0 0 FRED KITTINGER JR DIRECTOR 1.00 1.00 X 0 0 0 IXCHELL DUARTE DIRECTOR 1.00 1.00 X 0 0 0 SEUN FALADE DIRECTOR 1.00 0.00 X 0 0 0 JASON CHEPENIK DIRECTOR 1.00 0.00 X 0 0 0 JAY ALTHOUSE DIRECTOR 1.00 0.00 X 0 0 0 JEFF TECAU DIRECTOR 1.00 0.00 X 0 0 0 JENNIFER WILLIAMS DIRECTOR 1.00 0.00 X 0 0 0 JOHANNA VARGAS-SCOTT DIRECTOR 1.00 0.00 X 0 0 0 JUAN AMO DIRECTOR 1.00 1.00 X 0 0 0 KEVIN CRAWFORD DIRECTOR 1.00 0.00 X 0 0 0 LENA GRAHAM-MORRIS DIRECTOR 1.00 0.00 X 0 0 0 LORA MILLER DIRECTOR 1.00 0.00 X 0 0 0 MANDY WEITKNECHT DIRECTOR 1.00 0.00 X 0 0 0 MARK SHAFFER DIRECTOR 1.00 0.00 X 0 0 0 MICHAEL GORRITZ DIRECTOR 1.00 0.00 X 0 0 0 NICHOLAS ABRAHAMS DIRECTOR 1.00 0.00 X 0 0 0 PAMELA NABORS DIRECTOR 1.00 0.00 X 0 0 0 PAUL SOHL REAR ADM USN RET DIRECTOR 1.00 0.00 X 0 0 0 DAWN KOFFARNUS DIRECTOR 1.00 0.00 X 0 0 0 SHANDA LEE DIRECTOR 1.00 0.00 X 0 0 0 TIM FLYNN DIRECTOR 1.00 0.00 X 0 0 0 TOM MCALEAVEY DIRECTOR 1.00 0.00 X 0 0 0 TONY BENGE DIRECTOR 1.00 0.00 X 0 0 0 TRACY JUNGER DIRECTOR 1.00 0.00 X 0 0 0 TROY SANDS DIRECTOR 1.00 0.00 X 0 0 0 WAYMON ARMSTRONG DIRECTOR 1.00 0.00 X 0 0 0 NICOLE MCMURRAY DIRECTOR 1.00 0.00 X 0 0 0 DR KATHY SHULER DIRECTOR 1.00 0.00 X 0 0 0 BRENT SOBOL DIRECTOR 1.00 0.00 X 0 0 0 TOMEI THOMAS DIRECTOR 1.00 0.00 X 0 0 0 ABHI VYAS DIRECTOR 1.00 0.00 X 0 0 0 KAREN REVELS PRESIDENT & CEO 40.00 1.00 X 201356 0 25608 WALTER NASON VP OF FINANCE 10.00 1.00 X 13249 0 1595 214605 0 27203 1 0 1 0 JA USA 12320 ORACLE BLVD COLORADO SPRINGS CO 80921 PROGRAM SERVICES 254500 COURTNEY JAMES HOLMES 538 GREENBRIAR AVE CELEBRATION FL 34742 MARKETING SERVICES 132000 2 289418 70000 1111295 978976 19854 2449689 10193 10193 30300 0 30300 30300 30300 32374 24994 7380 7380 7380 142380 289418 134597 7783 7783 2505345 0 0 55656 X 261626 206203 33254 22169 755187 595205 95989 63993 91475 71668 11884 7923 67733 53726 8404 5603 1241 1241 48405 48405 223087 223087 9198 6898 1380 920 3054 2291 458 305 39600 29700 5940 3960 89344 67174 13302 8868 16946 16946 24740 18555 3711 2474 39447 29585 5917 3945 10836 8127 1625 1084 NATIONAL PARTICIPATION 367941 367941 PROGRAM MATERIALS 66908 66908 MISCELLANEOUS 57140 20033 16319 20788 BAD DEBT EXPENSE 18175 18175 884 696 188 2192967 1784743 266192 142032 289818 356853 292831 484727 71382 48139 42376 34064 1217477 1014628 195791 202849 572223 657894 69101 128601 1533522 1913127 76473 81337 750 3800 61001 57100 31714 22676 169938 164913 X 583840 1308993 779744 439221 1363584 1748214 1533522 1913127 312378 72252 0 X 0 1 X 1 0 X 859387 1315612 1466203 1468564 2449689 7559455 859387 1315612 1466203 1468564 2449689 7559455 140590 7418865 34239 31621 35963 31303 40493 173619 58303 292259 142380 492942 8226016 0.90190 0.95190 X SCHEDULE A, PART II, LINE 10, EXPLANATION OF OTHER INCOME: ERC REFUND - 2021 AMOUNT: $ 58,303. MISCELLANEOUS INCOME - 2022 AMOUNT: $ 5,578. FUNDRAISING - 2022 AMOUNT: $ 286,681. 2023 AMOUNT: $ 142,380. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 0 0 0 0 1 12400 0 0 0 12400 0 PART II-B, LINE 1: THERE WERE NO DIRECT LOBBYING EXPENSES PAID BY THE ORGANIZATION. THE AMOUNT THAT APPEARS ON PART II-B LINE 1F WAS GIVEN TO AN ORGNIZATION FOR LEGISLATIVE AND BUDGET SUPPPORT. 13600 13600 894813 766557 128256 309064 248071 60993 202849 COMMUNITY FOUNDATION ENDOWMENT 37738 RIGHT OF USE ASSET 20863 DUE FROM JACFF 70000 128601 CAPITAL LEASE 22676 22676 X PART X, LINE 2: THE ORGANIZATION IS EXEMPT FROM INCOME TAXES UNDER THE PROVISIONS OF SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE. ACCORDINGLY, NO PROVISIONS FOR FEDERAL AND STATE INCOME TAXES HAVE BEEN RECORDED IN THE ACCOMPANYING FINANCIAL STATEMENTS. THE ORGANIZATION FOLLOWS THE STANDARD FOR ACCOUNTING FOR UNCERTAIN TAX POSITIONS. AS A RESULT OF THE IMPLEMENTATION, THE ORGANIZATION RECOGNIZED NO LIABILITY FOR UNRECOGNIZED TAX BENEFITS. THE ORGANIZATION FILES AS A TAX-EXEMPT ORGANIZATION. THE ORGANIZATION IS NOT AWARE OF ANY ACTIVITIES THAT WOULD JEOPARDIZE ITS TAX-EXEMPT STATUS. THE ORGANIZATION IS NOT AWARE OF ANY ACTIVITIES THAT ARE SUBJECT TO TAX ON UNRELATED BUSINESS INCOME, EXCISE, OR OTHER TAXES. HALL OF FAME 233306 207210 26096 25946 9479 BOWL-A-THON 164665 56708 107957 22161 76690 321 2 33827 25500 8327 431798 289418 142380 22161 76690 25946 9800 134597 7783 X X X 0 0 0 0 0 0 0 0 0 KAREN REVELS PRESIDENT & CEO 162556 0 34000 0 4800 0 0 0 25608 0 226964 0 0 0 PART I, LINE 3 THE EXECUTIVE COMMITTEE MEETS OR APPOINTS A COMPENSATION COMMITTEE ANNUALLY TO REVIEW THE PERFORMANCE OF THE PRESIDENT & CEO AND DETERMINE COMPENSATION. IN ADDITION TO THE REVIEW, THE COMMITTEE HAS COMPENSATION INFORMATION FROM OTHER SOURCES FOR THEIR USE THAT IS NOT PRIVY TO THE PRESIDENT & CEO. FORM 990, PART VI, SECTION A, LINE 1A ALL MEMBERS OF THE EXECUTIVE COMMITTEE SIT ON THE ORGANIZATION'S BOARD OF DIRECTORS, AND THE EXECUTIVE COMMITTEE CAN ACT ON BEHALF OF THE BOARD OF DIRECTORS TO CONDUCT THE ORGANIZATION'S BUSINESS. FORM 990, PART VI, SECTION A, LINE 2 JASON SCOTT AND JOHANNA SCOTT ARE HUSBAND AND WIFE. BOTH ARE NON-COMPENSATED VOLUNTEERS ON THE BOARD OF DIRECTORS. FORM 990, PART VI, SECTION B, LINE 11B THE FINANCE COMMITTEE REVIEWS AND APPROVES THE 990 AND, UPON APPROVAL, THE 990 IS CIRCULATED TO THE FULL BOARD OF DIRECTORS BEFORE FILING WITH THE IRS. FORM 990, PART VI, SECTION B, LINE 12C INDIVIDUAL MEMBERS OF THE ORGANIZATION'S BOARD OF DIRECTORS ARE ASKED TO MAKE ANNUAL WRITTEN DISCLOSURES WITH RESPECT TO CONFLICTS OF INTEREST. THESE DISCLOSURE STATEMENTS ARE RETURNED TO THE EXECUTIVE STAFF AND ARE REVIEWED. POTENTIAL CONFLICTS ARE DISCUSSED WITH THE ORGANIZATION'S PRESIDENT AND PRESENTED TO THE ORGANIZATION'S BOARD OF DIRECTORS FOR REVIEW AND/OR FORMAL ACTION IF WARRANTED. FORM 990, PART VI, SECTION B, LINE 15 COMPENSATION PROCESS FOR TOP OFFICIAL COMPENSATION IS DETERMINED BY THE EXECUTIVE COMMITTEE, AND THE CHAIR DIRECTLY RECEIVES COMPARABLE SALARY DATA THAT IS NOT PRIVY TO THE PRESIDENT & CEO. FURTHER, THERE IS A MEASURE OF REVIEWABLE OBJECTIVES THAT IS CONSULTED AND GRADED DURING THE PRESIDENT & CEO'S ANNUAL EVALUATION. COMPENSATION PROCESS FOR OFFICERS' COMPENSATION IS DETERMINED BY THE PRESIDENT & CEO AND APPROVED BY THE EXECUTIVE COMMITTEE. THE DISCUSSIONS AND VOTES OF THE COMMITTEE ARE DOCUMENTED IN THE MINUTES OF THE MEETING. THE PROCESS DESCRIBED HERE WAS LAST COMPLETED IN 2024. FORM 990, PART VI, SECTION C, LINE 19 GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS ARE AVAILABLE UPON REQUEST. FORM 990, PART IX, LINE 11G PROFESSIONAL FEES - OTHER: PROGRAM SERVICE EXPENSES 91,087. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 91,087. OUTSIDE SERVICES: PROGRAM SERVICE EXPENSES 132,000. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 132,000. JUNIOR ACHIEVEMENT OF CENTRAL FLORIDA FOUNDATION INC 2121 CAMDEN ROAD ORLANDO FL 32803 593599158 EDUCATION FL 501(C)(3) LINE 12A, I N/A 1 0 0 1 0 0 0 0 0 0 0 0 0 0 1 1 0 0 0 0 JUNIOR ACHIEVEMENT OF CENTRAL FLORIDA FOUNDATION INC C 70000 ACTUAL VALUE