Overview
What is Yescarolina?
Yescarolina is a nonprofit organization situated in Charleston, South Carolina. Its primary mission lies in fostering entrepreneurial education among middle and high school students across the state. To achieve this goal, Yescarolina provides free training to public school teachers in an entrepreneurial curriculum, enabling them to instruct their students on starting and managing their own businesses. In addition, Yescarolina offers scholarships to teachers who are teaching entrepreneurial classes in secondary schools. With a small team of two individuals, Yescarolina is dedicated to empowering young minds and fostering a culture of innovation.
Official website here: www.yescarolina.com
What are the reviews and ratings of this charity?
Charity Navigator Rating: 63% (Two-Star out of Four Star rating)
Yescarolina has received a Two-Star rating from Charity Navigator, indicating that while it has some strong points, there are significant areas for improvement. The rating is largely based on the charity's accountability and finance practices, with a focus on transparency and governance. The organization boasts a board composed entirely of independent members and has effectively addressed material diversion of assets, showcasing a strong governance structure.
However, Yescarolina's financial management reveals weaknesses, particularly in its program expense ratio, which stands at only 54.32%. This suggests that a smaller portion of its expenses are directed towards programs compared to administrative costs. Additionally, the absence of key policies, such as a whistleblower policy and document retention protocols, raises concerns about its overall governance and operational practices.
Overall, while Yescarolina demonstrates solid accountability through independent oversight and clear documentation practices, its financial allocation towards programs and missing governance policies are areas that require attention to enhance its effectiveness and transparency further.
This AI summary has been generated from information found on Charity Navigator.
Is Yescarolina legitimate?
Yescarolina is a legitimate nonprofit organization registered as a 501(c)(3) entity. Yescarolina submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.
Heare are some key statistics you may want to consider:
Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $140,457
For more financial information, click here
Official website here: www.yescarolina.com
What is the mission statement of Yescarolina?
Yescarolina, a non-profit organization, is committed to fostering entrepreneurial education among students at the middle and high school levels. They achieve this by offering scholarships to teachers who are eager to teach entrepreneurial classes. The organization provides these teachers with comprehensive training in an entrepreneurial curriculum, free of charge. This enables the teachers to effectively educate their students about starting and managing their own businesses. By empowering teachers and students alike, Yescarolina aims to foster a culture of innovation and entrepreneurship.
Official website here: www.yescarolina.com
Who is the CEO of Yescarolina?
Tracy Bradshaw is the Executive Director of Yescarolina.
Official website here: www.yescarolina.com
What is the revenue of Yescarolina?
Yescarolina's revenue in 2020 was $165,422.
Official website here: www.yescarolina.com
Who are the executives of Yescarolina and what are their salaries?
The average compensation at Yescarolina during 2020 was $70,228. There are 2 employees at Yescarolina.
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Official website here: www.yescarolina.com
Where can I find the form 990 for Yescarolina?
Yescarolina's most recent form 990 was submitted in 2020 and can be accessed here.
Official website here: www.yescarolina.com
Learn more at the official website: www.yescarolina.com
Mission Statement of Yescarolina
Yescarolina, a non-profit organization, is committed to fostering entrepreneurial education at the middle and high school levels across South Carolina. To accomplish this mission, Yescarolina provides free training to public school teachers in an entrepreneurial curriculum. Equipped with this knowledge, these teachers can then instruct their students on the fundamentals of starting and managing their own businesses. By empowering the next generation with entrepreneurial skills, Yescarolina aims to cultivate a future workforce that is innovative, resilient, and well-equipped to tackle the challenges of the modern world.
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Impact
October, 2024
Yescarolina significantly enhances entrepreneurial education in South Carolina's middle and high schools by equipping teachers with essential training and resources. By providing scholarships, it empowers educators to effectively teach students the principles of starting and running businesses. This initiative not only enriches the curriculum but also fosters a generation of young innovators and entrepreneurs, promoting economic growth within the community. Through this support, Yescarolina cultivates a culture of entrepreneurship, inspiring students to develop critical thinking, problem-solving skills, and practical business acumen that will benefit them in their future careers.
This information is meant to be a general summary of Yescarolina. Please take the time to review official sources before making any decisions based upon the content provided here.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2020.
- Investment Income: $55
- Program Service Revenue: $45,828
- Gross Receipts: $190,953
Assets and Liabilities:
- Total Assets: $257,269
- Total Liabilities: $39,335
- Net Assets: $217,934
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
COMPETITIONS
Revenue
$39,500
TEACHER TRAINING
Revenue
$6,328
Organization Details
Founding Year
2005
Phone
(585) 449-1033Principal Officer
Tracy Bradshaw
Main Address
PO BOX 13472 579 FOLLY RD, CHARLESTON, SC, 29422
Website
www.yescarolina.comNTEE Category
Code: B02 - Education
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