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Junior Achievement of Western Massachusetts, Inc. Organization Name provided in the GuideStar Exchange* as of 06/25/2014: Junior Achievement of Western Massachusetts, Inc.

Organization Name as listed in the IRS Business Master File as of 10/17/2014: JUNIOR ACHIEVEMENT OF WESTERN MASSACHUSETTS

* The GuideStar Exchange allows nonprofits to regularly update key information directly to GuideStar. It provides richer and broader information about their programs, impact, finances, people and more.

AKA  Junior Achievement of Western Massachusetts
Springfield, MA
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GuideStar Summary

&1002; GuideStar Exchange Committed to transparency ?
This organization is a Silver-level GuideStar Exchange participant, demonstrating its commitment to transparency.

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&1002; Registered with IRS Legitimacy information is available
&1002; Financial Data Annual Revenue and Expense data reported
&1002; Forms 990 2013, 2012, and 2011 Forms 990 filed with the IRS
&1002; Mission Objectives Mission Statement is available
&1002; Impact Summary Impact Summary from the nonprofit is available
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Basic Organization Information

Junior Achievement of Western Massachusetts, Inc. Organization Name provided in the GuideStar Exchange* as of 06/25/2014: Junior Achievement of Western Massachusetts, Inc.

Organization Name as listed in the IRS Business Master File as of 10/17/2014: JUNIOR ACHIEVEMENT OF WESTERN MASSACHUSETTS

* The GuideStar Exchange allows nonprofits to regularly update key information directly to GuideStar. It provides richer and broader information about their programs, impact, finances, people and more.
Also Known As: Junior Achievement of Western Massachusetts
Physical Address: Springfield, MA 01115 
EIN: 04-2088304
Web URL: www.jawm.org 
NTEE Category: O Youth Development
O53 Business, Youth Development
B Educational Institutions
B20 Elementary, Secondary Ed
J Employment, Job Related
J20 Employment Procurement Assistance and Job Training
Ruling Year: 1994 


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Mission Statement

JA's mission is to inspire and prepare young people to succeed in a global economy through the delivery of JA's age-appropriate, hands-on curriculum for students in grades K-12. JA volunteers serve as role models and inspire youth to own their economic success.

Legitimacy Information

This organization is registered with the IRS.

This organization is required to file an IRS Form 990 or 990-EZ.

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Annual Revenue & Expenses

(GuideStar Exchange,
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June 2014)

Fiscal Year Starting: July 01, 2012
Fiscal Year Ending: June 30, 2013

Total Revenue --
Total Expenses --

Revenue & Expenses

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Balance Sheet (IRS Form 990)

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Forms 990 Received from the IRS Additional Information
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Forms 990 Provided by the Nonprofit

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Financial Statements

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Annual Reports

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Leadership

(GuideStar Exchange,
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June 2014)

Ms. Jennifer A Connolly

Term:

Since Aug 2006

Profile:

BS EducationCertificate in Volunteer AdministrationCertificate in JA LeadershipMBA Elms CollegeWork experience: Overseeing operations of a non-profit organization focusing on financial literacy, work readiness and career development, with a budget of $400,000 and a staff of 3 Fundraising: grant writing, annual campaign; donor recognitionStrategic planningBoard Development, communication, reportingMarketing including social mediaCommunity relations: media, press releases, presentationsProgram development and evaluationStaff development, HR,Budget developmentRecognition JAWM Development Director 2003-2006 JA of Maine Program Manager 1999-2003 Volunteer and teacher recruitmentProgram registrationProgram evaluationCouncil Development and management

Leadership Statement:

As a JA alumni, I am proud to have the honor of leading JA in its birthplace,Springfield,MA. I feel our organization is a leader in delivering high-quality, relevant educational programs founded on three pillars: financial literacy, entrepreneurship and workforce readiness. I feel that an investment in JA is an investment in the future. I know because people invested in JA when I was a younger and I feel many of the qualities I bring to my work stem from my JA experience. 93 years ago, three Western Massachusetts leaders: Horace Moses from Strathmore Paper, Theodore Vail, of AT&T and Senator Murray Crane from Crane Paper came together to create Junior Achievement, an organization dedicated to youth development, entrepreneurship and financial literacy. As Mr.Vail noted, ""teaching youth this country's economic way of life and showing them the benefit of hard work will give them self-reliance and independence."" In 1919, JA had three full-time staff members, a $250,000 budget, 22 volunteers and served 50 youth. Today, JA of Western Massachusetts has one full-time staff, 3 part time staff, a budget of $350,000, over 400 volunteers and serves nearly 9000 youth. JA succeeds through an innovative partnership between the business community, educators and volunteers, helping young people connect with relevant learning and the importance of staying in school. JA inspires students to develop competitive skills and confidence. Their success bolsters the local workforce and contributes to economic growth. Junior Achievement instills confidence, an entrepreneurial spirit, and a competitive edge.

Board Chair (GuideStar Exchange,
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June 2014)

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Board Co-Chair

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Board of Directors (GuideStar Exchange,
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June 2014)

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Board Leadership Practices (GuideStar Exchange,
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June 2014)
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Board Orientation & Education ?
Why does this matter? Without clarity around their responsibilities and expectations, board members are not positioned to succeed. They may find themselves challenged to fulfill their governance responsibilities or frustrated by the expectations that the organization has set for them. BoardSource recommends that every new board member participate in a formal orientation process, and that all board members sign a pledge or agreement committing to their board service and to all of the responsibilities and expectations that come with service. Ideally, board members also should participate in a formal governance training program prior to serving on a board.

Does the board conduct a formal orientation for new board members and require all board members to sign a written agreement regarding their roles, responsibilities, and expectations?
Response Not Provided
CEO Oversight ?
Why does this matter? Oversight and management of the chief executive is one of the board’s most important legal responsibilities. The CEO or executive director is the board's single employee, and - just like any other employer/employee relationship - regular and written assessment is critical to ensuring that the chief executive and board are communicating openly about goals and performance. BoardSource recommends that boards conduct formal, written reviews of their chief executives on an annual basis, which should include an in-person discussion with the chief executive and distribution of the written evaluation to the full board.

Has the board conducted a formal, written assessment of the chief executive within the past year?
Response Not Provided
Ethics & Transparency ?
Why does this matter? A commitment to handling conflicts of interests is essential to creating an organizational culture of transparency. Boards should create and follow a policy for identifying and handling conflicts of interest, whether real or perceived. BoardSource recommends that organizations review the conflict-of-interest statement and require signed disclosures from all board members and senior staff on an annual basis.

Have the board and senior staff reviewed the conflict-of-interest policy and completed and signed disclosure statements within the past year?
Response Not Provided
Board Composition ?
Why does this matter? The best boards are composed of individuals who bring a variety of skills, perspectives, backgrounds, and resources to tackle the complex and strategic challenges confronting their organizations. BoardSource recommends that boards commit to diversity and inclusion by establishing written policies and practices, which include strategic and intentional recruitment of diverse board members, continual commitment to inclusivity, and equal access to board leadership opportunities.

Does the board ensure an inclusive board member recruitment process that results in diversity of thought and leadership?
Response Not Provided
Board Performance ?
Why does this matter? Boards need to regularly assess their own performance. Doing so ensures that they are being intentional about how they govern their organization, which is a critical component of effective board leadership. BoardSource recommends that a board conduct a self-assessment of its performance a minimum of once every three years to ensure that it is staying on track with its roles and responsibilities.

Has the board conducted a formal, written self-assessment of its performance within the past three years?
Response Not Provided

Officers for Fiscal Year (IRS Form 990)

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Highest Paid Employees & Their Compensation (IRS Form 990)

Highest Paid Employee data is not available for this organization.

People information was last updated by the nonprofit in June 2014

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Programs

Program: (GuideStar Exchange,
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June 2014)

Budget:
--
Category:
Population Served:

Program Description:

Through age-appropriate curricula, Junior Achievement programs begin at the elementary school level, teaching children how they can impact the world around them as individuals, workers and consumers. Junior Achievement programs continue through the middle and high school grades, preparing students for future economic and workforce issues they'll face.

Program Long-Term Success:

Almost 11,000 students in Hampden, Franklin, Hampshire and Berkshire counties participated in JA programs in Western Massachusetts.

Program Short-Term Success:

Program Success Monitored by:

Program Success Examples:

Program: JA High School Heroes (GuideStar Exchange,
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June 2014)

Budget:
$20,000
Category:
Youth Development, General/Other
Population Served:
Children and Youth (infants - 19 years.)
Poor/Economically Disadvantaged, Indigent, General
Ethnic/Racial Minorities -- General

Program Description:

The High School Heroes Program is designed for the students to deliver the five-week curriculum in one day, a JA in a Day experience. The high school students work in teams of two in each classroom. Before teaching their own JA elementary program, all High School Heroes will complete a JA high school program. After completing the high school JA program, the High School Heroes receive JA Volunteer training. On the day of the event at the elementary school the High School Heroes are supervised by a Junior Achievement staff member. The High School Heroes are at school for the entire day, having ample time to interact with the students within the program structure and outside of it. The High School Heroes Program is designed to engage more high school students in JA programs and provide them with the opportunity to:§ Become involved in community service§ Demonstrate leadership skills§ Develop public speaking skills§ Develop time management skills§ Develop self-confidence§ Serve as role models for younger students

Program Long-Term Success:

Served over 7000 elementary students since 2007.Trained over 450 JA High School Heroes.Taught over 325 JA programs.85% of JA High School Heroes have gone on to graduate from high school. (compared to 56% of the student population)

Program Short-Term Success:

100% of the students indicated they would participate in JA High School Heroes again§ 91% felt a sense of accomplishment and responsibility from participating§ 91% felt they received a professional adult experience§ 68% felt they gave something back to the community§ 59% felt JA High School Heroes helped them learn organization skills§ 59% felt their JA High School Heroes experience taught them to be able to handle the unexpected§ 91% of the JA High School Heroes felt the elementary students looked up to them

Program Success Monitored by:

The program is evaluated by written evaluations from teachers and High School Heroes, providing quantitative and anecdotal data.

Program Success Examples:

The following results are based on written Elementary teachers and High School Heroes Evaluations:§ 91% of the Elementary teachers felt JA was very effective in presenting economic and business principles§ 98 % of the Elementary Teachers felt their students benefited from their JA in a Day program§ 89% of the Elementary Teachers would participate in a JA High School Heroes JA in a Day event again§ 91% of the Elementary teachers reported they were very to extremely satisfied with their JA experience.§ 74% felt the JA program addressed teamwork skills§ 91% felt JA positively impacted their students' Language skills§ 85% felt JA positively impacted their students'Readingskills§ 85% felt JA positively impacted their students' understanding of Civics§ 90% felt JA positively impacted their students' understanding of Economics§ 100% of the teachers felt the High School Heroes worked well with their students§ 100% of the teachers felt the High School Heroes were positive role models

Program: JA Stock Investing Competition (GuideStar Exchange,
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June 2014)

Budget:
$35,000
Category:
Education, General/Other
Population Served:
Children and Youth (infants - 19 years.)

Program Description:

The JA Stock Investing Competition provides a unique educational experience for middle grade and high school students. Using Future Financiers, an online program which provides activities that introduce the students to the stock market and the offers online simulations to prepare the students for a live competition. The students in teams of 5 compete to amass the highest net-worth by the end of the 60 day investment period, where each day was only one-minute long! Business and college volunteers serve as traders, using tablets to make electronic trades. Just like in a real trading day, the student teams have access to tips and news that impact the market and influence whether they should buy or sell. Last year over 600 students competed in the live competition. The student teams are sponsored by local businesses. The students compete in the morning and in the evening the business leaders and colleges compete for fun.

Program Long-Term Success:

The program serves as an introduction to the stock market and investing. It also serves as an introduction to Junior Achievement programs in some instances. Since 2007 the program has grown from serving 77 students to over 600 last year.

Program Short-Term Success:

93% of the students indicated that the program improved their knowledge of the stock market.80% of the students indicated the program improved their math skills.87% of the students indicated the program improved their problem-solving skills.95% of the students indicated the program improved their teamwork skills.

Program Success Monitored by:

The program is evaluated by written evaluations from students and teachers that provide quantitative and anecdotal data. Students also complete online pre and post tests.

Program Success Examples:

The students had a great experience and really gained tremendous knowledge of Stock Market and the Financial Services Industry. A special thanks to JA and MassMutual for giving our students such a wonderful opportunity. Four of our groups finished ranked 17th, 18th, 19th, and 20th out of over 60 teams with a portfolio return on investment of 14% to 17%. In addition, there were several college admission counselors that the students were able to get information from.""Paul Scovillle, teacher, The High School of Science & TechnologyWhat a great time! We not only enjoyed ourselves but we learned a lot about the stock market while preparing for today. Thank you for your support of our teamandfor supporting JA! You invested in us and we invested in the market! Mike & Harvey, Chicopee High SchoolThank you so much for this opportunity to delve into a realistic representation of Wall Street! Our class has been looking forward to this event for a long time and we are excited to learn and excel through this experience. Team Bernie Madoffs Westfield High School
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Impact Summary from the Nonprofit

Top Accomplishments: Completed JA in a Day Economics for Success reaching 1700 students in 3 high schools Completed 6 JA High School Heroes Programs (2 in December 2012; 2 in February 2013 and 2 in April) Added two new high schools to the JA High School Heroes Program; added one new elementary school.700 students from 8thgrade to 12thgrade participated in the JA Stock Investing CompetitionHelped secure a National partnership with JA USA and MassMutual Financial (JAWM's largest donor)- one of four national pilot sites.Received Bronze Summit Award from JA USA for Operational Excellence in 2013.Top Goals: Over the past 6 years we have increased the percentage of low-income students participating in JA programs from 32% to 72%.Over the past five years we have increased the number of high school and middle grade students participating in JA programs from 15% to 60%.Over the past five years we have increased the number of JA students in Springfield schools (the largest school district in the area) by 186%. Top Goals: 70% of the high school students participating in the JA High School Heroes program eligible for graduation in June will graduate from high school. (56% of Springfield high school students graduate)70% of the students participating in JA programs (middle and high school) will indicate that JA has had a positive impact on improving their Math skills.84% of JA high school students will be able to connect what they learned in the classroom to real life.76% of the students agree or strongly agree that JA is important to their future.74% of the students agree or strongly agree that their participation in JA will help them get a good job71% of the students agree or strongly agree that the things they learned in JA will help them be successful in life
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