Entrepreneurs Organization
- Assets
- $71.5m
- Revenue
- $51.1m
- Investments
- $0.0
- Employees
- 87
- Location
- Alexandria, VA
- Founding
- 04/1992
- Data as of
- 06/2022
- EIN
- 52-1651248
Organization Overview
Entrepreneurs Organization is located in Alexandria, VA. 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. As of 06/2022, Entrepreneurs Organization employed 87 individuals. This organization is a parent organization of an affiliated group for tax-exemption purposes. 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 06/2022, Entrepreneurs Organization generated $51.1m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 7.0% each year. All expenses for the organization totaled $52.4m during the year ending 06/2022. While expenses have increased by 8.0% 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
TO ENGAGE LEADING ENTREPRENEURS TO LEARN AND GROW.
Describe the Organization's Program Activity:
Part 3 - Line 4a
CHAPTER DEVELOPMENT -- THE EO CHAPTER BASE GREW TO 215 WORLDWIDE, SERVICING OVER 17,200+ MEMBERS. EO INTERNATIONAL WAS INSTRUMENTAL IN THE FORMATION OF NEW START-UP CHAPTERS, AS WELL AS GROWING AND MAINTAINING EXISTING CHAPTERS. THE MAIN CONTRIBUTIONS INCLUDE ESTABLISHING SYSTEMS AND PROCEDURES, TRAINING OF A LOCAL EXECUTIVE BOARD, AND MAINTENANCE OF THE MEMBERSHIP BASE.
OTHER PROGRAM EXPENSES - STRATEGIC COMMUNICATIONS, INFORMATION SYSTEMS DEVELOPMENT, BUSINESS DEVELOPMENT, ORGANIZATIONAL LEADERSHIP AND GLOBAL RESOURCES
LEARNING AND LEADERSHIP -- EO SUPPORTS ITS MEMBERSHIP THROUGH PRODUCTS AND SERVICES THAT ADD TO MEMBER VALUE. BEING A LEARNING BASED ORGANIZATION, MOST OF THE PRODUCTS DEVELOPED BY EO ARE DELIVERED THROUGH DIFFERENT LEARNING FORMATS. SOME PRODUCTS ARE, CHAPTER LEARNING TOURS, EO24, VIRTUAL LEARNING, MENTORSHIP AND MYEO.
CONFERENCES AND FORUMS -- EO CONDUCTED ELEVEN CONFERENCES LAST FISCAL YEAR. THESE CONFERENCES PROVIDE AMPLE LEARNING OPPORTUNITY TO ITS MEMBERS IN VARIOUS FORMATS (GENERAL SESSIONS WITH TOP SPEAKERS, LEARNING TRACKS THAT RANGE FROM BUSINESS TO SOCIAL IMPACTS AND OFFSITE LEARNING ACTIVITIES THAT INCLUDE SPENDING A FEW HOURS WITH THE CEO'S OF LOCAL COMPANIES). EO FORUMS PROVIDE LEARNING TO EACH MEMBER ON A PEER TO PEER BASIS AND THEY MEET MONTHLY.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Ajay Agarwal Director | OfficerTrustee | 10 | $0 |
David Anderson Chairman | OfficerTrustee | 10 | $0 |
Hugh Massie Director | Trustee | 10 | $0 |
Hugo Salinas Director | Trustee | 10 | $0 |
Karl Funke Director | Trustee | 10 | $3,000 |
Lynn Anstett Director | Trustee | 10 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Guise Smith & Associates Recruitment Drives And Trainings | 6/29/22 | $555,900 |
Lanny Bromfield Consulting Work On Sys. Implementation | 6/29/22 | $142,000 |
Integrated Coaching Llc Human Resource Consulting | 6/29/22 | $125,900 |
Anna Birch Facilitation Fee For Forum Trainings | 6/29/22 | $106,500 |
Financial Statements
| 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 | $0 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $50,094,948 |
| Investment income | $604,762 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $213,998 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $75,598 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $51,073,001 |
| 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. | $1,630,914 |
| Compensation of current officers, directors, key employees. | $179,401 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $13,164,279 |
| Pension plan accruals and contributions | $288,344 |
| Other employee benefits | $1,470,936 |
| Payroll taxes | $907,519 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $150,840 |
| Fees for services: Accounting | $43,245 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $2,569,860 |
| Advertising and promotion | $2,472,700 |
| Office expenses | $2,097,799 |
| Information technology | $2,175,256 |
| Royalties | $0 |
| Occupancy | $442,403 |
| Travel | $3,128,678 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $15,376,887 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $0 |
| All other expenses | $6,447,524 |
| Total functional expenses | $52,367,184 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $15 |
| Savings and temporary cash investments | $50,957,336 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $57,698 |
| 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 | $707,543 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $19,030,407 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $742,616 |
| Total assets | $71,495,615 |
| Accounts payable and accrued expenses | $12,881,982 |
| Grants payable | $0 |
| Deferred revenue | $40,712,955 |
| 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 | $452,403 |
| Total liabilities | $54,047,340 |
| Net assets without donor restrictions | $17,448,275 |
| 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 | $0 |
| Total liabilities and net assets/fund balances | $71,495,615 |