Young Entrepreneurs Organization
- Assets
- $476.6k
- Revenue
- $288.2k
- Investments
- $0.0
- Employees
- 0
- Location
- Portland, OR
- Founding
- 04/1992
- Data as of
- 06/2021
- EIN
- 71-0933809
Organization Overview
Young Entrepreneurs Organization, operating under the name Entrepreneurs Organization Portland Chapter Chapter, is located in Portland, OR. 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. Entrepreneurs Organization Portland Chapter Chapter 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, Entrepreneurs Organization Portland Chapter Chapter generated $288.2k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 6 years, the organization has seen revenues fall by an average of (5.2%) each year. All expenses for the organization totaled $419.4k during the year ending 06/2021. 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 PROMOTE AND FOSTER THE EDUCATION OF ENTREPRENEURS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
DURING THE YEAR ENDED JUNE 30, 2021, THE ENTREPRENEURS ORGANIZATION HOSTED MORE THAN A DOZEN LEARNING EVENTS FOR ENTREPRENEURS, PROVIDED TRAINING AND LEADERSHIP DEVELOPMENT TO NEW MEMBERS, MODERATORS, AND BOARD MEMBERS, AND MENTORED 30 ACCELERATOR PARTICIPANTS. ALL EVENTS WERE CONDUCTED VIRTUALLLY INCLUDING MEETINGS AND SEMINARS. IN ADDITION, THE ORGANIZATION PROVIDED SUPPORT DURING THE COVID 19 CRISIS TO THE MEMBERS AND THE COMMUNITY AS NEEDED.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Jay Torgerson Finance Chair, Board Member | OfficerTrustee | 1 | $0 |
Ana Chaud President, Board Member | OfficerTrustee | 5 | $0 |
Augusto Carneiro Board Member | Trustee | 1 | $0 |
Richard Diforio Board Member | Trustee | 1 | $0 |
Dre Slaman Board Member | Trustee | 1 | $0 |
Frank Mccourt Board Member | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $48,625 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $15,973 |
| All other contributions, gifts, grants, and similar amounts not included above | $11,750 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $76,348 |
| Total Program Service Revenue | $211,287 |
| Investment income | $567 |
| 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 | $288,202 |
| 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 | $120,793 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $25,239 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $50,948 |
| Office expenses | $17,650 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $197,073 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $1,329 |
| All other expenses | $50 |
| Total functional expenses | $419,362 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $178,528 |
| Savings and temporary cash investments | $298,026 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| 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 | $476,554 |
| Accounts payable and accrued expenses | $20,645 |
| 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 | $24,462 |
| Other liabilities | $0 |
| Total liabilities | $45,107 |
| 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 | $431,447 |
| Total liabilities and net assets/fund balances | $476,554 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Young Entrepreneurs Organization has recieved totaling $7,350.
| Awarding Organization | Amount |
|---|---|
M J Murdock Charitable Trust Vancouver, WA PURPOSE: SOCIAL ENTREPRENEUR PROGRAM | $7,350 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Washington Education Association Federal Way, WA | $59,466,784 | $48,703,845 |
Villagereach Seattle, WA | $15,448,958 | $26,159,382 |
California School Boards Association West Sacramento, CA | $20,596,502 | $19,484,567 |
The Institute For Functional Medicine Federal Way, WA | $14,741,299 | $15,787,769 |
Clark County Education Association Las Vegas, NV | $9,610,154 | $9,258,447 |
American Federation Of Teachers Lc 6361 San Francisco, CA | $2,978,110 | $8,081,042 |
California Association For Bilingual Education Walnut, CA | $8,277,202 | $6,094,460 |
Nevada State Education Association Las Vegas, NV | $3,615,920 | $4,845,245 |
Fund For Portland Public Schools Portland, OR | $3,364,436 | $3,238,281 |
Seattle Education Association Seattle, WA | $6,257,277 | $3,223,958 |
California Teachers Association Economic Benefits Trust Burlingame, CA | $165,814,137 | $17,454,519 |
San Diego Education Association San Diego, CA | $3,000,891 | $2,995,523 |