Young Entrepreneurs Organization is located in Austin, TX. 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. As of 06/2022, Young Entrepreneurs Organization employed 2 individuals. 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 06/2022, Young Entrepreneurs Organization generated $618.1k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 3.1% each year. All expenses for the organization totaled $1.2m during the year ending 06/2022. 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 SUPPORT, EDUCATE, AND ENCOURAGE ENTREPRENEURS TO SUCCEED IN BUILDING COMPANIES AND THEMSELVES.
Describe the Organization's Program Activity:
Part 3 - Line 4a
EO AUSTIN HOLDS TWO DIFFERENT TYPES OF EVENTS: SOCIAL AND EDUCATIONAL EVENTS. EVENTS ARE ORGANIZED TO BRING MEMBERS TOGETHER TO MINGLE, NETWORK AND LEARN.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Dave Shaw C0-Chair | OfficerTrustee | 30 | $0 |
Brandon Metcalf Co-Chair (non-Voting) | OfficerTrustee | 2 | $0 |
Evan Erdberg Member/president | OfficerTrustee | 2 | $0 |
Brad Compere Member | Trustee | 2 | $0 |
Brooke Greer Member | Trustee | 2 | $0 |
Tom Mrvale Member | Trustee | 2 | $0 |
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 | $169,082 |
Noncash contributions included in lines 1a–1f | $0 |
Total Revenue from Contributions, Gifts, Grants & Similar | $169,082 |
Total Program Service Revenue | $447,035 |
Investment income | $31 |
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 | $618,073 |
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 | $150,807 |
Pension plan accruals and contributions | $0 |
Other employee benefits | $8,000 |
Payroll taxes | $12,644 |
Fees for services: Management | $0 |
Fees for services: Legal | $0 |
Fees for services: Accounting | $8,619 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $7,623 |
Advertising and promotion | $36,009 |
Office expenses | $44,875 |
Information technology | $4,268 |
Royalties | $0 |
Occupancy | $108,112 |
Travel | $2,874 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $796,708 |
Interest | $0 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $0 |
Insurance | $4,039 |
All other expenses | $0 |
Total functional expenses | $1,184,578 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $577,261 |
Savings and temporary cash investments | $311,888 |
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 | $17,148 |
Net Land, buildings, and equipment | $6,500 |
Investments—publicly traded securities | $0 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $8,650 |
Total assets | $921,447 |
Accounts payable and accrued expenses | $23,235 |
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 | $23,235 |
Net assets without donor restrictions | $898,212 |
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 | $921,447 |