Youth Entrepreneurs Inc, operating under the name Empowered, is located in Wichita, KS. The organization was established in 2015. According to its NTEE Classification (B90) the organization is classified as: Educational Services, under the broad grouping of Education and related organizations. As of 12/2022, Empowered employed 40 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Empowered 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 12/2022, Empowered generated $5.1m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 6.7% each year. All expenses for the organization totaled $7.7m during the year ending 12/2022. While expenses have increased by 15.7% per year over the past 7 years. They've been increasing with an increasing level of total revenue. 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
2022
Describe the Organization's Mission:
Part 3 - Line 1
EMPOWERED IS A COMMUNITY OF TEACHERS RALLIED AROUND A GROWTH MINDSET, DEDICATED TO THEIR CLASSROOMS, CAREERS, AND COMMUNITIES, AND COMMITTED TO PROVIDING IMMERSIVE LEARNING EXPERIENCES WHERE STUDENTS CAN DISCOVER, DEVELOP, AND APPLY THEIR INNATE ABILITIES. EMPOWERED OFFERS ANY CHANGE-MAKING TEACHER - REGARDLESS OF GRADE, SUBJECT, CLASS, OR SETTING - AN ENCOURAGING COMMUNITY, A WAY OF TEACHING AND ACTIVITIES THAT BRING LEARNING TO LIFE, VIRTUAL, ON-DEMAND, AND IN-PERSON PROFESSIONAL DEVELOPMENT, AND SUPPORT FROM OUR STAFF. OUR NON-PROFIT ORGANIZATION'S LONG TERM GOAL IS TO INSTILL A GROWTH MINDSET AS A VEHICLE FOR SOCIETAL CHANGE. TO DO SO, WE WILL EMBOLDENED TEACHERS BY PROVIDING THE TRUST AND TOOLS THEY NEED FOR LONG, FULFILLING, CAREERS. THEY, IN TURN, WILL OFFER THEIR STUDENTS A BETTER LEARNING EXPERIENCE THAT ARMS THEM WITH THE LIFE SKILLS AND PERSPECTIVE THEY NEED TO CREATE AND SEIZE THE OPPORTUNITIES IN THEIR LIVES.
Describe the Organization's Program Activity:
Part 3 - Line 4a
IN APRIL 2022, WE LAUNCHED OUR EDUCATOR ONLINE PLATFORM, EMPOWERED HUB (THE HUB). THE HUB IS AN ONLINE RESOURCE AND MOBILE APPLICATION THAT PROVIDES EDUCATORS WITH ACCESS TO OUR CURRICULAR RESOURCES, PROFESSIONAL DEVELOPMENT OPPORTUNITIES AND A LIKE-MINDED COMMUNITY OF EDUCATORS. THROUGHOUT 2022, WE CONTINUED TO ENHANCE THE OFFERINGS ON THE HUB AND GROW THE SIZE OF OUR EDUCATOR COMMUNITY ON THE HUB. WE GREW FROM UNDER 1K HUB EDUCATORS TO APPROXIMATELY 5K HUB EDUCATORS BY THE END OF THE YEAR WITH A SIGNIFICANT PORTION OF OUR GROWTH BEING THROUGH EDUCATOR-TO-EDUCATOR REFERRALS. DURING 2022, 800+ EMPOWERED TEACHERS RECEIVED IN-PERSON TRAINING THROUGH OUR RISEUP TRAINING EVENTS IN TEXAS, MISSISSIPPI, SOUTH DAKOTA AND KANSAS, AS WELL AS THROUGH 25 TEACHER-ORGANIZED AND LED TRAINING EVENTS. EDUCATORS ALSO ATTENDED VIA THE HUB OUR NEW VIRTUAL TRAINING AND PROFESSIONAL DEVELOPMENT OFFERINGS, EMPOWERED NOW AND EMPOWERED ENERGIZED. RISEUP EVENTS ARE THE FLAGSHIP OF OUR IN-PERSON TRAINING AND PROFESSIONAL DEVELOPMENT PROGRAM. THESE THREE-DAY PROGRAMS ARE DESIGNED TO ASSEMBLE EDUCATORS TO SHARE A UNIQUE PROFESSIONAL DEVELOPMENT EXPERIENCE. SPEAKERS, PANELS, SESSIONS AND LEAVE-TO-LEARNS ARE DESIGNED TO BE HANDS-ON AND FOSTER PARTICIPATION AND EXPLORATION. IN THE SPRING OF 2022, WE PUBLISHED ISSUE #2 OF EMPOWERED TEACHER MAGAZINE, DISTRIBUTING APPROXIMATELY 10K COPIES. EMPOWERED TEACHER MAGAZINE PROVIDES EDUCATORS WITH RESOURCES FOR BOTH INSIDE AND OUTSIDE OF THE CLASSROOM AND INCLUDES INSIGHTS FROM TRUSTED EXPERTS, INFORMATION ON OUR INNOVATIVE INSTRUCTIONAL STRATEGY, PRINCIPLES + MARKETS = MINDSETS, OR "PMM", ACTIVITIES AND OTHER TOOLS. THROUGHOUT 2022, WE CONTINUED TO SEE GROWTH IN OUR OVERALL EDUCATOR COMMUNITY AND AS OF THE END OF 2022, OUR TOTAL EDUCATOR COMMUNITY INCLUDED OVER 20K EDUCATORS, INCLUDING HUB MEMBERS, SOCIAL MEDIA FOLLOWERS AND MAGAZINE SUBSCRIBERS.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Name Not Listed Director/vice Chairman | OfficerTrustee | 2 | $0 |
Name Not Listed Director/chairwoman | OfficerTrustee | 3 | $0 |
Name Not Listed Director | Trustee | 1 | $0 |
Name Not Listed Director | Trustee | 1 | $0 |
Name Not Listed Director | Trustee | 1 | $0 |
Name Not Listed Secretary | Officer | 1 | $0 |
Vendor Name (Service) | Service Year | Compensation |
---|---|---|
Crane Grey Marketing Services | 12/30/22 | $314,150 |
Productive Edge Llc Software Development | 12/30/22 | $292,162 |
Epic Event Pros Event Planning | 12/30/22 | $176,903 |
Arkus Inc Software Consulting | 12/30/22 | $120,000 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $0 |
Fundraising events | $0 |
Related organizations | $0 |
Government grants | $0 |
All other contributions, gifts, grants, and similar amounts not included above | $5,012,556 |
Noncash contributions included in lines 1a–1f | $0 |
Total Revenue from Contributions, Gifts, Grants & Similar | $5,012,556 |
Total Program Service Revenue | $3,763 |
Investment income | $0 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $64,799 |
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 | $5,081,118 |
Statement of Expenses | |
---|---|
Grants and other assistance to domestic organizations and domestic governments. | $5,000 |
Grants and other assistance to domestic individuals. | $9,000 |
Grants and other assistance to Foreign Orgs/Individuals | $0 |
Benefits paid to or for members | $0 |
Compensation of current officers, directors, key employees. | $484,306 |
Compensation of current officers, directors, key employees. | $43,587 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $2,155,397 |
Pension plan accruals and contributions | $120,626 |
Other employee benefits | $3,829 |
Payroll taxes | $223,827 |
Fees for services: Management | $0 |
Fees for services: Legal | $540 |
Fees for services: Accounting | $34,133 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $1,009,801 |
Advertising and promotion | $509,931 |
Office expenses | $845,929 |
Information technology | $0 |
Royalties | $0 |
Occupancy | $51,783 |
Travel | $336,771 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $54,163 |
Interest | $0 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $1,871,402 |
Insurance | $0 |
All other expenses | $0 |
Total functional expenses | $7,739,704 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $4,632,653 |
Savings and temporary cash investments | $0 |
Pledges and grants receivable | $0 |
Accounts receivable, net | $298,817 |
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 | $258,407 |
Net Land, buildings, and equipment | $449,882 |
Investments—publicly traded securities | $0 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $3,809 |
Total assets | $5,643,568 |
Accounts payable and accrued expenses | $1,217,618 |
Grants payable | $0 |
Deferred revenue | $0 |
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 | $4,167 |
Total liabilities | $1,221,785 |
Net assets without donor restrictions | $3,508,072 |
Net assets with donor restrictions | $913,711 |
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 | $0 |
Total liabilities and net assets/fund balances | $5,643,568 |
Over the last fiscal year, Youth Entrepreneurs Inc has awarded $115,000 in support to 5 organizations.
Grant Recipient | Amount |
---|---|
REPUBLIC SCHOOLS INC PURPOSE: INNOVATION | $25,000 |
STEM TO THE FUTURE PURPOSE: INNOVATION | $20,000 |
TOGETHER FRIENDS ORGANIZATION INC PURPOSE: INNOVATION | $20,000 |
TRANSCEND INC PURPOSE: INNOVATION | $25,000 |
CODESPEAK LABS LLC PURPOSE: INNOVATION | $25,000 |