Junior Achievement of British Columbia

#360 – 475 West Georgia Street
Vancouver, BC V6B 4M9
President & CEO: Jan Bell-Irving
Board Chair: Phil Lehn

Website: www.jabc.ca
Charitable Reg. #: 11897 6166 RR0001
Sector: Education
Operating Charity

Results Reporting

Grade: B+

The grade is based on the charity's public reporting of the work it does and the results it achieves.

Financial Transparency

Audited financial statements available only upon request [Audited financial statement for most recent year]

Need for Funding

Funding Reserves Program Costs

Spending Breakdown

Cents to the Cause

2013 2014 2015
For a dollar donated, cents funding the cause after fundraising and admin costs, excluding surplus.

Full-time staff #16

Avg. Compensation $74,109

Top 10 Staff Salary Range

$350k + 0
$300k - $350k 0
$250k - $300k 0
$200k - $250k 0
$160k - $200k 0
$120k - $160k 0
$80k - $120k 3
$40k - $80k 7
< $40k 0
Information from most recent CRA Charities Directorate filings for F2015

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.

Financial Ratios

Fiscal year ending June
Administrative costs as % of revenues 12.3%20.2%17.6%
Fundraising costs as % of donations 17.5%28.9%30.4%
Program cost coverage (%) 191.8%130.7%190.7%

Summary Financial Statements

All figures in $s
Donations 1,536,279714,458617,045
Government funding 333,352333,324333,324
Special events 847,237762,531818,410
Investment income 92,459128,40481,799
Total revenues 2,809,3271,938,7171,850,578
Program costs 1,645,6771,579,2961,333,673
Administrative costs 333,537366,111310,562
Fundraising costs 416,513427,336436,664
Other costs 1,1621,408894
Cash flow from operations 412,438(435,434)(231,215)
Funding reserves 3,156,0922,063,7422,543,635
Note: Ci has used the management and administration and fundraising costs reported on the charity T3010 as the charity does not explicitly report these costs on its audited financial statements. Ci has adjusted amortization of deferred capital contributions, adjustment for deferred donations and unrealized gains (losses) affecting revenues by $280k in F2015, by ($278k) in F2014, and by ($370k) in F2013. Ci has adjusted amortization affecting expenses by ($25k) in F2015, by ($22k) in F2014 and by ($13k) in F2013.

Comments added by the Charity:

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