Young Entrepreneurs Organization
- Assets
- $332.0k
- Revenue
- $435.9k
- Investments
- $0.0
- Employees
- 0
- Location
- Highland Heights, OH
- Founding
- 04/1992
- Data as of
- 06/2021
- EIN
- 20-1853957
Organization Overview
Young Entrepreneurs Organization is located in Highland Heights, OH. The organization was established in 1992. According to its NTEE Classification (B03) the organization is classified as: Professional Societies & Associations, under the broad grouping of Education and related organizations. This organization is a subordinate organization within an affiliated group for tax-exemption purposes. Young Entrepreneurs Organization is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 06/2021, Young Entrepreneurs Organization generated $435.9k in total revenue. The organization has seen a slow decline revenue. Over the past 6 years, revenues have fallen by an average of (2.3%) each year. All expenses for the organization totaled $441.6k during the year ending 06/2021. As we would expect to see with falling revenues, expenses have declined by (3.1%) per year over the past 6 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
TO ENGAGE LEADING ENTREPRENEURS TO LEARN AND GROW.
Describe the Organization's Program Activity:
Part 3 - Line 4a
EDUCATIONAL EVENTS AND SEMINARS FOR MEMBERS. THE EO CLEVELAND CHAPTER HAS 135 MEMBERS.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Kelly Rodenfels Chapter Manager | Officer | 32 | $50,000 |
Cindy Karcher Chapter Admin | Officer | 32 | $19,800 |
Mark Schneiders President Elect | OfficerTrustee | 2 | $0 |
Pat Pitrone President | OfficerTrustee | 2 | $0 |
Adam Fleischer Board Member | Trustee | 2 | $0 |
Bill Onion Board Member | Trustee | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $300,706 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $85,600 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $386,306 |
| Total Program Service Revenue | $49,107 |
| Investment income | $509 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $435,922 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $72,907 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $48,866 |
| Advertising and promotion | $0 |
| Office expenses | $11,110 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $1,819 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $2,550 |
| All other expenses | $0 |
| Total functional expenses | $441,577 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $172,034 |
| Savings and temporary cash investments | $154,183 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $5,811 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $332,028 |
| Accounts payable and accrued expenses | $25,466 |
| Grants payable | $0 |
| Deferred revenue | $57,422 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $82,888 |
| Net assets without donor restrictions | $0 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $249,140 |
| Total liabilities and net assets/fund balances | $332,028 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Pennsylvania State Education Association P S E A Harrisburg, PA | $182,856,842 | $77,031,675 |
Ohio Education Assn Columbus, OH | $181,547,317 | $62,723,391 |
Michigan Education Association East Lansing, MI | $91,378,134 | $59,426,267 |
Independent Colleges Of Indiana Inc Indianapolis, IN | $93,815,740 | $20,196,793 |
Society Of Hospital Medicine Philadelphia, PA | $18,912,774 | $11,282,806 |
Pennsylvania School Boards Association Inc Mechanicsburg, PA | $12,806,871 | $8,442,070 |
Ohio School Boards Association Columbus, OH | $19,022,558 | $9,269,056 |
South Carolina Center For Fathers And Families Cleveland, OH | $2,234,846 | $8,447,371 |
Ohio Society Of Certified Public Accountants Columbus, OH | $10,948,438 | $7,921,101 |
Charter School Of The Dunes Inc Gary, IN | $14,167,237 | $8,545,161 |
National Association Of Colleges And Employers Bethlehem, PA | $16,581,342 | $8,504,625 |
Indiana Association For The Education Of Children Inc Indianapolis, IN | $1,546,703 | $6,038,887 |