Annual Report 2018-19
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2018-2019 ANNUAL REPORT EMPOWERING THE NEXT GENERATION 2018 -2019 AT A GLANCE 6,073 students 17,932 students in 1,306 Business & from 69 schools 718 classrooms Community Volunteers experienced were inspired by worked with JA students JA BizTown/JA Finance Park volunteers utilizing both in schools and at during 2018-2019 JA’s in-school curriculum JA BizTown/JA Finance Park A+ JA BizTown® “During our visit to JA BizTown, I was able to witness several students find success in a job setting. This opportunity showed these students that they can contribute to the work world and find a way to provide for themselves and their families. Without this experience, several of these students might never imagine themselves as an employee for UPS, or a bank, or a restaurant. I was so pleased to see them taking pride in their positions and realizing they can find real success in life.” – 5th grade teacher, Kirksville Elementary, Madison County A+ JA Finance Park® “JA Finance Park brings to life work that students do in the classroom by allowing them to apply these skills during their simulation at the facility. Students have rich conversations about money and their futures thanks to their JA Finance Park® experience. Parents comment they are so thankful their child has had the opportunity to take part in JA Finance Park.” – Anna Sullinger, Teacher, Beaumont Middle, Fayette County A+ JA In-school Curriculum “I have had the privilege of teaching “JA Career Success: How to Get Hired, How to Stay Hired” at the McDaniel Center where some students are close to failing to reach the number one rung of the ladder of success —graduating from high school. There is a real thrill when you see the light come on in their eyes and you know they “get it”. Thank you, JA, for providing us with the materials and the opportunity to make a difference for the next generation.” – Garry Conley, JA Classroom Volunteer, Laurel County 2 Dear Friends, JA PURPOSE Building a strong foundation is important and takes time. Junior Achievement of the To inspire and prepare young people Bluegrass is helping our students build a strong foundation for their futures. The to succeed in a global economy. inspiration given by our classroom volunteers is unmatched by any other organization and coupled with the curriculum that is provided by Junior Achievement, their Financially Responsible message prepares our students for future success. Students learn to concentrate on JA students incur less debt than “I Can” rather than “I Can’t”. their peers JA students know how to: Junior Achievement USA is celebrating its Centennial in 2019 and since our • create and manage a realistic organization’s humble beginnings in 1919, over 100 million students have budget been impacted by JA mentors and volunteers. Locally, JA of the Bluegrass was • improve their credit score incorporated in 1963 when a group of entrepreneurs – including Warren Rosenthal, • utilize credit and debt appropriately W.T. Young Sr. and O.A. Bakhaus - saw the need for this program in our local schools. • save to achieve lifelong goals They recognized the value of teaching our students about business, economics and the free enterprise system. Career Ready During 2018-2019, 24,005 students were impacted by over 218,000 hours of JA students secure employment at higher instruction – either in the traditional school setting or through the JA BizTown/JA rates than their peers Finance Park experience. Our current Strategic Plan, adopted in August of 2018, JA students know how to: • demonstrate communication, has laid out some aggressive goals for our board and staff to achieve. We all have a critical thinking, collaboration and in- vested interest in ensuring that our young people are more prepared than ever to take novative problem solving skills on the challenges of an increasingly complex world with fervor and confidence. • exhibit professional behavior and strong work ethic By investing in our programs, you can rest assured knowing you have done your • utilize credit and debt appropriately part to complete this preparation. Because of your generous contributions and time, • apply their skills, talents and traits to we’re helping more and more young people be better prepared for success than any high demand jobs generation in history. We’re emboldening them to take on their destiny with passion and confidence. And most of all, we’re inspiring them to dream big, and imagine Entrepreneurial what’s possible. We say it all the time, but it remains true: We can’t do what we do JA students start companies at higher without you. rates than their peers JA students know how to: Best Regards, • leverage resources to start a business Lynn Hudgins, President • operate a business JA of the Bluegrass, Inc. • increase revenue and manage expenses to maximize profit Sheri Evans Depp, Chair • think critically, solve problems and JA of the Bluegrass, Inc. overcome challenges 1 2018-19 ANNUAL REPORT FINANCIAL 2018-2019 CONTRIBUTORS ($1000 and above) $50,000+ Commercial Property Clark County Public Schools Kentucky Coal Association Association of Lexington Clay Ingels report CRM Companies Marksbury Family CMC, Inc. Foundation Crowe LLP Cowgill Partners LP Fayette Alliance Foundation Davis & Plomin Mechanical 2018-2019 REVENUE (unaudited) Hilliard Lyons – A Baird East KY Power Cooperative $25,000-$49,999 Company Eastern Kentucky University Bechtel Parsons Blue Grass Kentucky Bank Enterprise Holdings 9% Forcht Bank Kentucky Blood Center Foundation Endowment UK University Relations Kentucky Farm Bureau Fayette County Bar William Stamps Farish Fund Lexington Herald-Leader Foundation (In-kind) Hall, John 36% Corporate Lexmark $20,000-$24,999 Hilary Boone Foundation, 19% Contributions PNC Bank Inc. Program CHI Saint Joseph Health Quantrell Honorable Order of the KY Fees Chick-fil-A Rosenthal Family Colonels Fayette County Public Foundation Kentucky Employers’ Schools Shea, Andy Mutual Insurance 17% Keeneland Southern KY Chamber of Kentucky Lighting & Supply Special Events 15% Kentucky Society of CPAs Commerce KLH Engineers, PSC Stablemate Creative LLC Laurel County Fiscal Court Foundations UK Healthcare 4% Individual Stoll Keenon Ogden, PLLC Laurel County Board of Contributions Thompson Charitable Education $10,000-$19,999 Foundation, The Lexington Legends Baseball Bakhaus, Ann Traditional Bank London-Laurel County Bello, Gary & Sheila Trane Chamber of Commerce Lovell, Brad Charles T. Creech, Inc UPS Foundation Monday, Eric 2018-2019 EXPENSES (unaudited) Community Trust Bank Valvoline WesBanco Navis, Scott Creech Family PNC Bank 3% 3% Foundation Inc. Zenith Company, The Qualex Manufacturing Fundraising Administrative Davis H. Elliot Company, Inc. Republic Bank & Trust Equestrian Events $1,000-$4,999 3M Royse, David Godolphin Alex G. Campbell Staton, Kevin LG&E/KU Foundation Toyota Tsusho America, Inc. Toyota Motor Manufacturing Alltech UK Federal Credit Union Arthur, Tim US Bank $5,000-$9,999 Beckley Area Foundation, Webb, Woodford Ball Homes Inc. Weiss, Bob 94% Classroom Materials and Carol Rosenthal Foundation Buffalo Trace Distillery Program Services Ziegler, Todd Central Bank & Trust – Caller Properties LLC Fayette County Central Equipment Co. HISTORICAL DATA # of # of # of # of School Contact Students Volunteers Classrooms Schools Year Hours Served Utilized Served Served Since the 1999-2000 school year, the amount of students inspired by JA volunteers has grown by 331%! The growth 1999-2000 n/a 5,582 n/a 256 and impact of JA during the last (21) years has occurred because 2004-2005 82,365 15,631 521 698 94 of many factors including our focus on career readiness through the 2009-2010 105,452 18,622 404 793 107 Work Ethic Seal programs in Laurel, Knox & Whitley counties that 2014-2015 99,921 18,307 350 750 105 utilize JA’s Career Success curriculum. In addition, the opening of our 2015-2016 110,236 20,359 454 844 112 JA BizTown/JA Finance Park facility in January of 2017 has given 2016-2017 158,460 22,555 945 911 116 us additional growth opportunities by offering hands-on, experiential 2017-2018 201,878 24,034 1,384 955 125 education to students throughout Central and Eastern Kentucky. 2018-2019 219,865 24,005 1,306 961 124 2 2018-19 ANNUAL REPORT YEAR IN REVIEW Warren W. Rosenthal Receives Junior Achievement’s Area Centennial Leadership Award 2019 marks the Centennial Mr. Rosenthal is a past President of the Board of Junior Achievement Anniversary of Junior of the Bluegrass. In 1979, he became the first recipient of the Achievement USA. As part National Leadership Award given by Junior Achievement to lay of that celebration, Junior leadership volunteers who have performed outstanding services for Achievement of the Bluegrass the program. had the opportunity to recognize one honoree with the JA Area Since the inception of JA of the Bluegrass in 1963, Mr. Rosenthal Centennial Leadership Award. has donated countless hours of service and hundreds of thousands This award was created so of dollars to promote Junior Achievement’s financial literacy, work each Junior Achievement area may recognize an individual who has readiness and entrepreneurship programs throughout Central demonstrated outstanding leadership and impact in their JA area. Kentucky. Based on his many years of service and contributions to Junior In 2007, JA of the Bluegrass created the Warren W. Rosenthal Achievement of the Bluegrass, Warren W. Rosenthal has been Lifetime Achievement Award to recognize the long and distinguished awarded the Centennial Leadership Award by JA of the Bluegrass. service of Mr. Rosenthal to Junior Achievement. Annual JA Miss Business Workshop Inspires 70 Young Women Junior Achievement held its second annual JA Miss Business event on March 20th at the JA BizTown/JA Finance Park facility. This educational workshop was a unique opportunity designed to help young women develop a successful business and professional career. Presented by UK Federal “This was such an AMAZING Credit Union, JA Miss experience.