Young Entrepreneurs Organization is located in New Orleans, LA. The organization was established in 0000. According to its NTEE Classification (S03) the organization is classified as: Professional Societies & Associations, under the broad grouping of Community Improvement & Capacity Building 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 $509.3k in total revenue. This organization has experienced exceptional growth, as over the past 6 years, it has increased revenue by an average of 17.7% each year . All expenses for the organization totaled $376.0k during the year ending 06/2021. While expenses have increased by 13.7% 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.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
THE NON-PROFIT EDUCATIONAL ORGANIZATION'S OBJECTIVE IS TO HELP ENTREPRENEURS ACHIEVE THEIR FULL POTENTIAL.
Describe the Organization's Program Activity:
Part 3 - Line 4a
SPONSORS TEN TO TWELVE EDUCATIONAL MEETINGS AND EVENTS WITH THIRTY TO FIFTY ATTENDEES FOR EACH MEETING AND EVENT.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Mary Hill Chapter Administrator | Trustee | 2 | $39,252 |
Jude Olinger Chapter President | OfficerTrustee | 2 | $0 |
Erik Frank Community Chair/past President | Trustee | 2 | $0 |
Keith Naccari Finance Chair | Trustee | 2 | $0 |
Joshua Loeske Xcentric Chair | Trustee | 2 | $0 |
Kevin Langley Community Chair | Trustee | 2 | $0 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $354,102 |
Fundraising events | $0 |
Related organizations | $0 |
Government grants | $0 |
All other contributions, gifts, grants, and similar amounts not included above | $77,015 |
Noncash contributions included in lines 1a–1f | $0 |
Total Revenue from Contributions, Gifts, Grants & Similar | $431,117 |
Total Program Service Revenue | $70,000 |
Investment income | $8 |
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 | $509,282 |
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. | $33,225 |
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 | $0 |
Fees for services: Legal | $0 |
Fees for services: Accounting | $3,427 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $0 |
Advertising and promotion | $0 |
Office expenses | $3,996 |
Information technology | $788 |
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 | $3,393 |
Interest | $0 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $0 |
Insurance | $1,526 |
All other expenses | $969 |
Total functional expenses | $376,044 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $190,414 |
Savings and temporary cash investments | $0 |
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 | $5,000 |
Total assets | $195,414 |
Accounts payable and accrued expenses | $0 |
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 | $0 |
Total liabilities | $0 |
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 | $195,414 |
Total liabilities and net assets/fund balances | $195,414 |
Organization Name | Assets | Revenue |
---|---|---|
Society Of Louisiana Certified Public Accountants Metairie, LA | $4,331,206 | $3,977,923 |
National Tile Contractors Assoc Jackson, MS | $5,173,530 | $3,514,951 |
United Association Of Journeymen & Apprentices Of The Plumbing & Pipe Austin, TX | $9,333,224 | $3,768,938 |
Louisiana Travel Promotion Association Baton Rouge, LA | $925,059 | $2,808,898 |
Houston Chapter Associated General Contractors Of America Inc Houston, TX | $4,720,560 | $2,138,719 |
Distribution Contractors Association Richardson, TX | $5,080,908 | $2,333,132 |
Engineering And Construction Contracting Association Katy, TX | $871,347 | $1,930,374 |
Arkansas Trucking Association Inc Little Rock, AR | $2,123,408 | $2,230,040 |
United Association Of Journeymen & Apprentices Of The Plumbing & Pipe San Antonio, TX | $2,873,380 | $2,131,978 |
Houston Contractors Association Houston, TX | $1,841,017 | $1,844,880 |
Wichita Falls Chamber Of Commerce And Industry Wichita Falls, TX | $1,154,320 | $1,540,786 |
Permian Basin Petroleum Association Inc Midland, TX | $2,224,248 | $1,547,524 |