Annual Report 2012-2013 1 OUR MISSION To inspire and prepare young people to success in a global economy TABLE OF CONTENTS Leadership Address………………………....…... 3 Impact by the Numbers.……………………….. 4 Statement of Operations ………………………. 5 JA Finance Park Virtual ………………...………. 6 Pam and Les Muma JA BizTown…………..... 7 STEM TEC Summer Career Institute………. 8 Special Events……………………………………….. 9 Board of Directors………………………….……. 11 21st Century Partners …………………………. 13 Corporate Contributors ………………………. 14 Giving Society Members ……………………...18 Individual Contributors ………………………. 20 School Partners ………………………………... 23 OUR CORE ORGANIZATIONAL VALUES . 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 talent, 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 Junior Achievement of Tampa Bay Annual Report 2012-2013 2 LEADERSHIP ADDRESS Message From Our Chairman and President “A recent study of 400 employers articulated the most important skills that new employees need to succeed in the workplace. Topping the list, above academic knowledge, were professionalism/work ethic, communications, teamwork and critical thinking/problem solving. Employers are expecting workers to have these basic skills; however, most are not prepared to meet their expectations. This study reinforces why businesses and schools seek Junior Achievement (JA) programs throughout Tampa Bay for learning experiences that extend beyond academics. JA is a recourse for students to gain the vital skills and perspectives necessary for entering the workforce. Mastery of these skills requires more than a well-crafted curriculum and increased technology. It requires multiple exposures to experiential based activities reinforced by experts students can interact with, model and emulate. Today, students are highly immersed in technology. Technology drives their communication methods, and even manages their relationships. However, technology often lacks multidimensional experiences that involve human interaction and build upon the critical skills required to be a successful employee. JA experiences, and volunteers who facilitate them,enable students to gain a multidimensional perspective of life and how education is applicable to specific career paths. These same volunteers also play an invaluable role by sharing their experiences, expectations and the skills one must demonstrate to be a successful employee. Essentially, JA is a unique partnership bridging academics and real life. This annual report strives to recognize those who proactively engage in preparing our 21st century workforce, as well as to call for further action. While Junior Achievement of Tampa Bay instructed 89,945 students and volunteers delivered 911,427 contact hours this past year, empowering fifteen percent of the students enrolled in K-12, there is a growing need for volunteers and there are many opportunities to contribute through JA. JA’s objectives are simple: to equip every student to enter the workforce and adult life knowing what they need in order to be successful and for them to embrace a multidimensional world, understanding its obligations, expectation and unlimited opportunity. Thank you for enabling JA to provide the children of Tampa Bay with a brighter future.” Sincerely, Robert Mossbacher Richard George Chairman of the Board President Junior Achievement of Tampa Bay Annual Report 2012-2013 3 Impact by the Numbers 2012-2013 OPERATIONS AND REACH Geographic Footprint Tampa Bay Volunteers 7,517 Total Students Served 89,945 Elementary Students Served 67,226 Middle School Students Served 13,440 High School Students Served 9,279 Classes Taught 4,717 2012-2013 Total Volunteer Pool 9,619 Instructional Contact Hours 911,427 About Junior Achievement of Tampa Bay, Inc. Founded in 1965, Junior Achievement of Tampa Bay serves 12 counties including the entire Tampa Bay Area. Junior Achievement is a volunteer driven, non-profit organization. This year more than 3,100 business professionals, parents, retirees and college students will enter our schools to teach Junior Achievement programs. These volunteers use their personal experiences to make the Junior Achievement curricula practical and realistic. Providing children with positive adult role models, who illustrate ways to build self-confidence, develop skills and find avenues of success in our free enterprise system, is a hallmark of Junior Achievement. Last academic year, JA of Tampa Bay inspired 89,945 students in our 12 county reach. Our success through the support of our investors, JA volunteers donated 911,427 instructional contact hours this past year – a 5% increase over last year. Junior Achievement of Tampa Bay Annual Report 2012-2013 4 FINANCIAL STATEMENT OF OPERATIONS Junior Achievement of Tampa Bay, Inc 2012-2013 REVENUES TOTALS % OF TOTALS Corporations $ 33,005 .8% Individuals $ 459,152 12% Foundations $ 408,067 11% Government Funding $ 819,232 22% Special EventStatement Revenue of Operations $ 200,045 5% Contributions Derived – Special Events $1,358,502 36% Less Direct Costs – Special Events ($561,826) -12.8% Program Revenue $341,985 9% Interest, In-kind and Other $79,514 2% Net Assets Released from Restrictions $560,115 15% TOTAL REVENUE 3,697,791 EXPENSES TOTALS % OF TOTALS Program Expenses $3,034,429 87.8% Fundraising Expenses $232,534 6.7% Management and General Administrative $190,062 5.5% Total Operating Expenses $3,457,025 5 Junior Achievement of Tampa Bay Annual Report 2012-2013 JA Finance Park Virtual The JA Finance Park Virtual program provides high school students with an effective and innovative way to learn money management and financial decision- making skills. At the end of this program, students put into practice what they have learned about economic options and the principles of budgeting. Assisted by their teachers and trained volunteers, they have the opportunity to actually develop and commit to a personal budget. Nearly 90% of educators surveyed believe students should be required to take a financial education course or pass a financial literacy test before they graduate. Unfortunately, fewer than 20% of teachers feel they have skills or knowledge to teach this information. - National survey of K-12 teachers, Journal for Financial Counseling and Planning education, 2009 Junior Achievement of Tampa Bay Annual Report 2012-2013 6 What is JA BizTown? Imagine a city where young consumers rush to the bank to deposit their paychecks. Sales clerks create merchandise displays and reporters interview local business leaders to get the most up-to-date story. Across the way, the restaurant prepares for the lunch hour and the mayor meets with business managers to get an understanding of current economic trends. This could be any city in the country, but it is this image that perfectly describes a day at Pam and “JA BizTown is a quality experience for our kids. I am so Les Muma JA BizTown. impressed with the variety of jobs and businesses represented. My daughter has been anticipating this for weeks, including picking out her outfit and researching her job. I have learned from being a part of it too! The place buzzed with excitement from the moment everyone arrived. What a fantastic experience.” JA BizTown parent Bill Poe Family Junior Achievement Center Home of Pam and Les Muma JA BizTown 13707 N. 22nd Street ∙ Tampa, FL 33613 (813) 631-1410 Junior Achievement of Tampa Bay Annual Report 2012-2013 7 STEM TEC (Science, Technology, Engineering and Mathematics) This program, recognized internationally for innovation, has continued to grow, and highlights the depth of Junior Achievement programming while providing hands-on experiential learning. JA Day on the Hill JA Students and STEM TEC graduates Jonathan Nieves and Oliver Millour share the story of their JA experience with Senator Rubio and others at JA Day on the Hill Junior Achievement of Tampa Bay Annual Report 2012-2013 8 Junior Achievement of Tampa Bay Annual Report 2012-2013 9 The Bright House Networks / Junior Achievement Invitational together with the HSBC Cup makes up one of the most successful golf fundraisers in the JA World Wide network. Junior Achievement of Tampa Bay Annual Report 2012-2013 10 2013-2014 Regional Board of Directors Allison Casper Adams Brian Cone Owner / Operator Senior Executive Mike Grego Caspers Company McDonald’s Accenture Superintendent Pinellas County Schools Chair – Connections Board Vice-Chair – Resource Generation Co-Chair – Bowl-a-Thon Craig Cuffe Irene Guy Brian Adamski President Director of Community Relations CFO Kablelink Communications The Centre for Women West Point Underwriters Carl Czarnik Dan Howat Michael Attinella VP of HR SVP SVP Corporate Controller Gerdau Chase HSN Secretary Betsy Bennett Joe DeLuca David Hull IC Intracom Tampa Publisher & VP COO Tampa Bay Times Veredus Corporation Steven Blair Chief Development Officer Matt DiGennaro Chair - Alachua County USF Health President Kirk Klein Seabridge Wealth Management Managing Partner Tim Bogott President & CEO Ronnie Duncan TradeWinds Island Resorts President Steve Klovekorn The Duncan Companies, Inc. Site President Alan Bomstein Citi President Emily Duty Creative Contractors Senior Commercial Lender Dean Moez Limayem University of South Florida Chair – Bowl-a-Thon Northern