Junior Achievement of British Columbia

About Junior Achievement of British Columbia:

Founded in 1955, Junior Achievement of British Columbia (JABC) is a member of Junior Achievement Canada. JABC's mission is to "inspire and prepare young people to succeed in a global economy." JABC works in partnership with educators, volunteers and businesses to educate elementary, middle and secondary school students about financial literacy, work readiness and entrepreneurship. JABC offers programs for students in grades 5 to 12.

In F2015, Junior Achievement of British Columbia delivered 1,303 programs to over 35,000 students in 392 schools from 55 school districts. JABC reports that, compared to 1,160 programs in F2014, it delivered 12% more programs in F2015.

JABC's elementary school programs are focused on students in grades 5 and 6. In F2015, it delivered Our Business World and Business of Our Own in 366 elementary school classes.

JABC's middle school programs include Dollars with Sense, Economics for Success and Investment Strategies. In F2015, it delivered programs to 805 middle school classes.

Finally, JABC’s high school programs include Company Program, Investment Strategies, Economics for Success, Be Entrepreneurial and Titan. In F2015, it delivered programs to 132 high school classes.

In 2011, The Boston Consulting Group completed a study to assess the impact of Junior Achievement Canada. It found that Junior Achievement creates an annual return of $45 for every one dollar spent by helping youth stay in school, encouraging new businesses, and providing youth with valuable skills. It also found that Junior Achievement's annual impact on Canada's economy is $105 million.

Financial Review:

Junior Achievement of British Columbia is a medium-sized charity, with donations of $2.8m in F2015. Its administrative costs at 12% of revenues have fallen by 8% from F2014 and its fundraising costs at 17% of donations have fallen by 11% from F2014, due to an increase in donations in F2015. For every $1 donated to the charity, 70 cents is put towards its programs, falling within Ci’s reasonable range; however, the ratios for F2014 and F2013 (51 cents and 52 cents) both fall outside of Ci's reasonable range. The charity has funding reserves of $3.2m which includes $200k in donor-endowed funds. This means that the charity can cover 1.8 years of its programs with its current reserves, excluding donor-endowed funds.

This charity report is an update that is being reviewed by Junior Achievement of British Columbia. Changes and edits may be forthcoming.

Updated on June 10, 2016 by Lynn Tay.