Your Economic Success

Organization Overview

Your Economic Success is located in Harrisonburg, VA. The organization was established in 1981. According to its NTEE Classification (V22) the organization is classified as: Economics, under the broad grouping of Social Science and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Your Economic Success 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, Your Economic Success generated $178.4k in total revenue. This organization has experienced exceptional growth, as over the past 6 years, it has increased revenue by an average of 22.2% each year . All expenses for the organization totaled $348.7k during the year ending 06/2021. While expenses have increased by 26.1% per year over the past 6 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.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2021

Describe the Organization's Mission:

Part 3 - Line 1

YES PROMOTES ECONOMIC AND FINANCIAL LITERACY EDUCATION IN THE SHENANDOAH VALLEY OF VIRGINIA. WE ARE A TRUSTED PARTNER AND ADVOCATE WHO PROVIDES INNOVATIVE AND RELEVANT TRAINING FOR K-12 TEACHERS TO ENABLE THEM TO OFFER THEIR STUDENTS WITH ENGAGING AND INTERACTIVE LESSON PLANS AND ACTIVITIES WITH THE GOAL OF MASTERING ECONOMICS AND FINANCIAL LITERACY CONCEPTS, PREPARING THEM TO SUCCEED.

Describe the Organization's Program Activity:

Part 3 - Line 4a

PAYMENTS TO JAMES MADISON UNIVERSITY TO SUPPORT A FULL-TIME TEACHER ADVOCATE AND CONSULTANT WHO DELIVERS ECONOMIC AND FINANCIAL LITERACY EDUCATIONAL PROGRAMS AND RESOURCES TO EDUCATORS LOCALLY, REGIONALLY, STATEWIDE, AND NATIONALLY. IN OUR TRADITIONAL TEACHER TRAINING WORKSHOPS, WE SERVED 255 TEACHERS IN THE 2020-2021 SCHOOL YEAR. WITH A STANDARD MULTIPLIER OF 80 STUDENTS PER TEACHER (AVERAGED ACROSS GRADE LEVELS, RANGING FROM 25 PER TEACHER IN ELEMENTARY TO 150 PER TEACHER IN HIGH SCHOOL), THAT MEANS WE SERVED 20,400 STUDENTS. BEYOND TRADITIONAL WORKSHOPS, OUR OUTREACH INCLUDED: GEM FAIR, FBLA AND BOYS AND GIRLS CLUB - 72 TEACHERS AND 570 STUDENTS. STATE LEVEL READING MAKES CENT PROGRAMMING, 130 LIBRARIANS SERVING 90,000 STUDENTS. NATIONAL WEBINARS, 250 TEACHERS SERVING 20,000 STUDENTS.


HARRISONBURG-ROCKINGHAM ECONOMIC EDUCATOR ANNUAL AWARDS


YES AND IT'S BOARD PARTNERED WITH MIKE GOCHENOUR OF JANNEY MONTGOMERY SCOTT AND MANY AREA BANKS TO COLLABORATE WITH THE EXPLORE MORE DISCOVERY MUSEUM IN DOWNTOWN HARRISONBURG TO DEVELOP A CASH FLOW BALL MAZE EXHIBIT THAT HAS ELEMENTS OF EARNING, INVESTING, SPENDING, SHARING, AND SAVING. YES-FUNDED TEACHER ADVOCATE AND CONSULTANT, JOHN KRUGGEL, WORKS CLOSELY WITH THE MUSEUM'S EXHIBIT DESIGNER TO CREATE FUN AND ENGAGING EXERCISES AND ACTIVITIES AS WELL AS AGE-APPROPRIATE ECONOMICS MATERIALS FOR SCHOOL FIELD TRIPS. THE TOTAL COST OF THE CASH FLOW EXHIBIT WAS 317,000. THE YES BOARD AND YES SUPPORTERS CONTRIBUTED A TOTAL OF 118,520 WITH 15,270 IN DIRECT CONTRIBUTIONS FROM YES GRANTED IN 2019-2020 AND ANOTHER 4,000 GRANTED IN 2020-2021. YES BOARD MEMBERS ALSO MET WITH AND ENCOURAGED THE LOCAL BANKING COMMUNITY TO PARTICIPATE WITH US AND COLLECTIVELY, AREA BANKS CONTRIBUTED 48,500.


TO RECLASSIFY CUSTODIAL FUNDS INVESTED AT THE COMMUNITY FOUNDATION TO A NON-CUSTODIAL DESIGNATED FUND AT THE COMMUNITY FOUNDATION PER THEIR AUDITOR.


PAYMENTS TO JAMES MADISON UNIVERSITY TO SUPPORT A FULL-TIME TEACHER ADVOCATE AND CONSULTANT WHO DELIVERS ECONOMIC AND FINANCIAL LITERACY EDUCATIONAL PROGRAMS AND RESOURCES TO EDUCATORS LOCALLY, REGIONALLY, STATEWIDE, AND NATIONALLY. IN OUR TRADITIONAL TEACHER TRAINING WORKSHOPS, WE SERVED 255 TEACHERS IN THE 2020-2021 SCHOOL YEAR. WITH A STANDARD MULTIPLIER OF 80 STUDENTS PER TEACHER (AVERAGED ACROSS GRADE LEVELS, RANGING FROM 25 PER TEACHER IN ELEMENTARY TO 150 PER TEACHER IN HIGH SCHOOL), THAT MEANS WE SERVED 20,400 STUDENTS. BEYOND TRADITIONAL WORKSHOPS, OUR OUTREACH INCLUDED: GEM FAIR, FBLA AND BOYS AND GIRLS CLUB - 72 TEACHERS AND 570 STUDENTS. STATE LEVEL READING MAKES CENT PROGRAMMING, 130 LIBRARIANS SERVING 90,000 STUDENTS. NATIONAL WEBINARS, 250 TEACHERS SERVING 20,000 STUDENTS.


HARRISONBURG-ROCKINGHAM ECONOMIC EDUCATOR ANNUAL AWARDS


YES AND IT'S BOARD PARTNERED WITH MIKE GOCHENOUR OF JANNEY MONTGOMERY SCOTT AND MANY AREA BANKS TO COLLABORATE WITH THE EXPLORE MORE DISCOVERY MUSEUM IN DOWNTOWN HARRISONBURG TO DEVELOP A CASH FLOW BALL MAZE EXHIBIT THAT HAS ELEMENTS OF EARNING, INVESTING, SPENDING, SHARING, AND SAVING. YES-FUNDED TEACHER ADVOCATE AND CONSULTANT, JOHN KRUGGEL, WORKS CLOSELY WITH THE MUSEUM'S EXHIBIT DESIGNER TO CREATE FUN AND ENGAGING EXERCISES AND ACTIVITIES AS WELL AS AGE-APPROPRIATE ECONOMICS MATERIALS FOR SCHOOL FIELD TRIPS. THE TOTAL COST OF THE CASH FLOW EXHIBIT WAS 317,000. THE YES BOARD AND YES SUPPORTERS CONTRIBUTED A TOTAL OF 118,520 WITH 15,270 IN DIRECT CONTRIBUTIONS FROM YES GRANTED IN 2019-2020 AND ANOTHER 4,000 GRANTED IN 2020-2021. YES BOARD MEMBERS ALSO MET WITH AND ENCOURAGED THE LOCAL BANKING COMMUNITY TO PARTICIPATE WITH US AND COLLECTIVELY, AREA BANKS CONTRIBUTED 48,500.


TO RECLASSIFY CUSTODIAL FUNDS INVESTED AT THE COMMUNITY FOUNDATION TO A NON-CUSTODIAL DESIGNATED FUND AT THE COMMUNITY FOUNDATION PER THEIR AUDITOR.


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Board, Officers & Key Employees

Name (title)Compensation
Stephanne S Byrd
Vice-Chairma
$0
Paul S Cline
Treasurer
$0
Abe Shearer
Chairman
$0
Frank Tamberrino
Secretary
$0
Quinton Callahan
Designated D
$0
Lydia Heatwole
Member At La
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $15,000
All other contributions, gifts, grants, and similar amounts not included above$38,340
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$53,340
Total Program Service Revenue$0
Investment income $36,582
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $88,458
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $178,380

Grants Awarded

Over the last fiscal year, Your Economic Success has awarded $617,226 in support to 4 organizations.

Grant RecipientAmount

THE COMMUNITY FOUNDATION

|

|

$220,416

THE COMMUNITY FOUNDATION

|

|

$220,416

JAMES MADISON UNIVERSITY

Org PageRecipient Profile

Harrisonburg, VA

|

$88,197

JAMES MADISON UNIVERSITY

Org PageRecipient Profile

Harrisonburg, VA

|

$88,197
View Grant Profile

Grants Recieved

Over the last fiscal year, we have identified 1 grants that Your Economic Success has recieved totaling $101,704.

Awarding OrganizationAmount
The Community Foundation Of Harrisonburg And Rockingham County

Harrisonburg, VA

PURPOSE: AGENCY FUND DISTRIBUTIONS

$101,704
View Grant Recipient Profile

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