Annual Report


Dear Friends of JA:

In 1919, a group of business leaders came together in Springfield, Massachusetts, to start a program aimed at helping young people gain the skills they needed to succeed in America's booming cities. A century later the product of their efforts, Junior Achievement, continues to better the lives of future leaders by inspiring and preparing young people to succeed in the global economy.

JA has had a long and storied past. Early on, the organization overcame the challenges presented by the Great Depression. By World War II, JA student companies were producing non-combat materials to support the war effort. In the 1950s, JA expanded nationally with the growth of the interstate highway system and in the 1960s it went global with the arrival of the jet age. JA became an in-school organization in the mid-1970s and launched one of the first initiatives to bring computers into schools in the 1980s. In the 1990s, JA expanded internationally with the end of the Soviet Union and by the early 2000s it had become a complete K-12 organization, offering programs at every grade level.

Today, JA continues to deliver life-changing programs. Each year, the organization helps more than 4.8 million K-through-12 students in the United States make the connection between what they learn in the classroom and how it applies to the world outside of school. This is accomplished with the support of nearly a quarter-million volunteers, primarily from the business community.

In 2019, JA is celebrating its centennial. While JA honors its first 100 years, the organization is also looking forward, ensuring that the young people it reaches today are 100 percent ready for the future.

Please take a moment to review this annual report to learn more about the impact Junior Achievement is having on the students it serves.


Mr. Jack E. Kosakowski

Mr. Jack E. Kosakowski, President and CEO,
Junior Achievement USA

Mr. Richard A. Woods

Mr. Richard A. Woods - Chairman,
Sr Vice President-Corporate Affairs (Retired)
Capital One

About JA

We are the nation's largest organization dedicated to giving young people the knowledge and skills they need to own their economic success, plan for their futures, and make smart academic and economic choices. Junior Achievement's programs-in the core content areas of work readiness, entrepreneurship and financial literacy-ignite the spark in young people to experience and realize the opportunities and realities of work and life in the 21st century.

A Brief History

Junior Achievement was founded in 1919 by Theodore Vail, president of American Telephone & Telegraph; Horace Moses, president of Strathmore Paper Co.; and Senator Murray Crane of Massachusetts. Its first program, JA Company Program®, was offered to high school students on an after-school basis. In 1975, the organization entered the classroom with the introduction of Project Business for the middle grades. Since then, Junior Achievement has expanded its activities and broadened its scope to include in-school and after-school students.


To inspire and prepare young people to succeed in a global economy.


  • Belief in the boundless potential of young people
  • Commitment to the principles of market-based economics and entrepreneurship
  • Passion for what we do and honesty, integrity, and excellence in how we do it
  • Respect for the talents, creativity, perspectives, and backgrounds of all individuals
  • Belief in the power of partnership and collaboration
  • Conviction in the educational and motivational impact of relevant, hands-on learning

Program Reach 2017-18

Junior Achievement's unique delivery system provides the training, materials, and support necessary to bolster the chances for student success. The impact is measurable, too. Students who participate in Junior Achievement programs demonstrate a significant understanding of economics and business concepts. We invite you to take a closer look at our programs!





Visionary Profiles

The best collaborations start with a strong foundation, and the relationships between Junior Achievement and its partners are no exception. The profiles below highlight some of our great efforts with donors and what they are helping us achieve!

JA Visionary: Jackson


In 2018, Junior Achievement launched a re-developed JA Our City®, made possible with the support of the Jackson Charitable Foundation. The upgraded program incorporates...
Read More

JA Visionary: Ernst & Young


In 2017, EY kicked off a three year commitment to support JA Launch Lesson® during National Entrepreneurship Month, which is November. This initiative is a way...
Read More

JA Visionary: AIG


Since 2014, AIG has partnered with Junior Achievement to promote financial literacy education and foster entrepreneurship as part of its global corporate citizenship efforts...
Read More

President's Volunteer Service Award

The U.S. President's Volunteer Service Award is a presidential recognition program created in 2003 by the President's Council on Service and Civic Participation for individuals of all ages who contribute a significant amount of time to volunteer service. In 2006, Junior Achievement became an official certifying organization for this award because of its national reach and standing. This status allows JA to bestow this honor to corporations with a U.S. presence that provide volunteers to teach JA programs anywhere in the world.

Recipients are listed by category, and then alphabetically.


15,000 volunteer hours or more

  • Accenture LLP
  • AT&T
  • Bank of America
  • Capital One
  • Citi
  • Deloitte
  • The Dow Chemical Company
  • Ernst & Young LLP
  • HSBC Bank USA, N.A. and HSBC Holdings plc
  • MetLife
  • National Credit Union Foundation
  • PwC
  • SunTrust Banks, Inc.
  • TD Bank, N.A.
  • Wells Fargo


10,000 volunteer hours or more

  • Barclays
  • GE
  • JPMorgan Chase & Co.
  • Santander Bank, N.A.
  • U.S. Bancorp


5,000 volunteer hours or more

  • ADP, LLC
  • BMO Harris Bank
  • Boys & Girls Clubs of America
  • Broward College
  • Caterpillar Inc.
  • ExxonMobil
  • FedEx
  • General Motors
  • Goldman Sachs
  • Huntington Bancshares
  • Jackson
  • ManpowerGroup Inc.
  • Marsh & McLennan Companies, Inc.
  • Palo Alto College
  • PepsiCo
  • Regions Bank
  • Robert Morris University-Illinois
  • SAP America
  • Starbucks
  • State Farm
  • Voya Financial
  • Woodforest National Bank
  • YMCA of the USA

Success Stories

Junior Achievement helps students to develop successful financial management habits, empowers them to explore the potential of becoming an aspiring entrepreneur, and provides them with the skills necessary to succeed in a global workforce. See firsthand how JA inspires success with these impactful stories from around the U.S.

JA Success Story: Amber Rodriguez

Amber Rodriguez

Inspiring Through Teaching

All it took was teaching JA Economics for Success for Amber Rodriguez to be hooked on being a Junior Achievement (JA) volunteer. Her initial experience stemmed from volunteering on behalf of...

Read More
JA Success Story: Isaiah Mohammed

Isaiah Mohammed

Fueling the Dream

Isaiah Mohammed began his entrepreneurial journey in high school. Coming from a lower income single-parent household in Norwalk, Connecticut, his exposure to the JA Company Program inspired Isaiah to...

Read More
JA Success Story: Jaime Berg

Jaime Berg

Coming Full Circle

Jaime Berg's experience with Junior Achievement (JA) is not one of a single moment but a full circle of experiences through her time as a JA Board Member, JA Alumna, and JA volunteer...

Read More

Project and Annual Funding

Junior Achievement could not prepare young people to succeed in a global economy or empower young people to own their economic success without our donors. Every single dollar makes a difference and all donations to JA USA help to continually evolve JA's enriching programs at a national and local level. The corporations, foundations, and individuals listed below have provided Junior Achievement with funding in 2017-2018.


Corporate and Foundation

The American Dream Society

Lifetime Giving

We are proud to honor our Lifetime Supporters who have ensured that Junior Achievement will be able to educate and inspire students for years to come.

JA Free Enterprise Society

Junior Achievement Heritage Society

JA Through The Years

Junior Achievement is celebrating its Centennial in 2019. Much has changed over the past 100 years, and JA has continually evolved to meet the needs of learners to help them become 100% Ready.

The Beginnings

JA began in Springfield, Massachusetts in 1919 when business leaders saw a need that wasn't being met.


JA was a regional program for much of its early existence. That changed after World War II.

Today and Beyond

JA is a leader in delivering innovative programs that empower young people.

JA USA Financial Statements

Revenue Detail


Year Ended June 30, 2018



Expense Detail


Year Ended June 30, 2018


Board Members

Mr. Richard A. Woods - Chairman
Sr Vice President-Corporate Affairs (Retired)
Capital One

Mr. Jack E. Kosakowski (Ex Officio)
President & CEO
Junior Achievement USA®

Mr. Asheesh Advani (Ex Officio)
President and Chief Executive Officer
JA Worldwide®

Mr. Ainar D. Aijala, Jr.
Chief Global Corporate Development Officer

Ms. Evelyn Angelle - Board Treasurer

Mr. Alan S. Armstrong
President & CEO
The Williams Companies

Mr. Timothy Baxter (Tim)
President and Chief Executive Officer
Samsung Electronics America, Inc.

Ms. Catherine S. Brune (Cathy)
President-Eastern Territory (Retired)
Allstate Insurance Company

Mr. Rodney Bullard
Vice President of Community Affairs and Executive Director
Chick-fil-A Foundation

Mr. Randy Cain
Vice Chair and Southwest Region Managing Partner

Mr. James Carroll (Jim) - Vice Chairman
Senior Vice President, Global Government Relations
Honeywell International

Mr. Tripp Davis
Florida Market Managing Partner

Ms. Monica Howard Douglas
General Counsel, Cocoa-Cola North America
The Coca-Cola Company

Mr. Arnold B. Evans
Executive Vice President - Ethics Officer
SunTrust Bank

Ms. Becky Frankiewicz
President North America

Mr. Charles P. Garcia (Charlie)
Association of Latino Professionals For America

Mr. Jeff Hansberry
President & CEO
Caveman Foods, LLC

Ms. Perry Hewitt

Mr. Kyle Hybl - Board Secretary
President & Chief Operating Officer
El Pomar Foundation

Mr. Clyde D. Keaton
EVP, Head of Strategy & Planning and Chief of Staff to the HNAH CEO
HSBC North America Holdings Inc.

Ms. Michelle Y. Lee
President - Community Banking, Eastern Region
Wells Fargo

Mr. Larry Leva
Global Vice Chair - Quality, Risk and Regulatory (Retired)
KPMG International

Mr. Robert Lloyd (Rob)
Hyperloop Technologies Inc.

Mr. Rodney O. Martin, Jr. (Rod)
Chairman and CEO
Voya Financial

Mr. Paul E. McKnight
Senior Vice President (Retired)

Ms. Julie A. Monaco
Managing Director/Global Head Public Sector Corporate and Investment Banking Division Institutional Clients Group

Mr. Richard Negrin
Obermayer, Rebmann, Maxwell & Hippel LLP

Mr. Roy A. Ng

Mr. Douglas D. Olson (Doug)
President and General Manager
Meredith Corporation

Ms. Jeanette Hernandez Prenger
President & CEO
ECCO Select

Mr. Dino E. Robusto
Chairman & Chief Executive Officer
CNA Financial Corporation

Mr. Lawrence W. Sidwell (Larry)
Sr Vice President, Global Credit and Risk (Retired)
John Deere Worldwide Financial Services


Jack E. Kosakowski
President and Chief Executive Officer

Buzzy Thibodeaux
Executive Vice President

Howard D. Bartner
Senior Vice President - Operations

Diane Birkeness
Vice President - Creative Services

Jackie Dant
Vice President - Operations

Deborah Denmark
Vice President- Conference and Event Planning

MC Desrosiers
Senior Vice President- Education and Learning Technologies

Lisa Frye
Vice President - Employment and Employee Relations

Laura Goodman
Vice President - Volunteer Engagement

Mark Fiore
Vice President - Compensation and Benefits

Tim Greinert
Senior Vice President - Development

Ed Grocholski
Senior Vice President - Brand

Christy Kunz
Vice President - Operations

Tom Landsness
Vice President - Infrastructure and Service Management

Jeanette Lee
Vice President - Development

Sharon Lents
Vice President - Field Program Services

Susan Luu
Senior Vice President - Business Improvement

Leslie Pierce
Senior Vice President - Talent and Organization Development

Kris Ponciroli
Vice President - Donor Relations and Development Services

Edward M. Priem III
Chief Financial Officer

Jeannine Reilly
Vice President - Educational Delivery & Technology Solutions

Andy Schenck
Curator - Entrepreneurship Experiences

Steve Schmidt
Senior Vice President - Operations

Joe Thomas, Ph.D.
Vice President - Evaluation and Research