Overview
What is Young Entrepreneurs Organization?
The Young Entrepreneurs Organization, situated in Draper, Utah (129 EAST 13800 SOUTH SUITE B2 175), is a local chapter of a globally recognized nonprofit organization. Its primary mission is to empower entrepreneurs, aiming to become the most influential organization in this field worldwide. Monthly gatherings are organized for members to connect, share experiences, and learn from one another at various venues. As a part of this global organization, the Young Entrepreneurs Organization in Utah focuses on supporting and assisting local entrepreneurs in their ventures.
Official website here: www.eoaccess.eonetwork.org/utah/
What are the reviews and ratings of this charity?
Charity Navigator Rating: 73%, earning a Two-Star out of Four Star rating. The Young Entrepreneurs Organization has demonstrated strengths in various aspects of accountability and finance, particularly with a high program expense ratio of 83.99%, indicating that a significant portion of its funds is directed toward its mission. Additionally, the organization benefits from a fully independent board and has effectively documented its board meeting minutes and made its tax forms available on its website.
However, the organization falls short in crucial governance areas, as it lacks important policies, including a conflict of interest policy, a whistleblower policy, and guidelines for document retention and destruction. These omissions have contributed to its overall rating, as they are critical for ensuring transparency and accountability within nonprofit organizations.
With a majority of independent board members and a solid liabilities to assets ratio of 49.85%, the organization shows promise in financial health. Nevertheless, to improve its standing and trustworthiness in the nonprofit sector, addressing the missing policy areas is essential.
This AI summary has been generated from information found on Charity Navigator.
Is Young Entrepreneurs Organization legitimate?
Young Entrepreneurs Organization is a legitimate nonprofit organization registered as a 501(c)(3) entity. Young Entrepreneurs Organization 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.
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Official website here: www.eoaccess.eonetwork.org/utah/
What is the mission statement of Young Entrepreneurs Organization?
The Young Entrepreneurs Organization, being a local chapter of a global organization, has a mission to become the most influential organization for entrepreneurs worldwide. Their activities and efforts are primarily focused on supporting entrepreneurs, with a specific emphasis on helping those based in Utah. The organization aims to achieve this mission by organizing monthly events where members gather, share experiences, and learn from each other at various venues.
Official website here: www.eoaccess.eonetwork.org/utah/
Who is the CEO of Young Entrepreneurs Organization?
Scott Hodges is the President of Young Entrepreneurs Organization.
Official website here: www.eoaccess.eonetwork.org/utah/
What is the revenue of Young Entrepreneurs Organization?
Young Entrepreneurs Organization's revenue in 2022 was $577,697.
Official website here: www.eoaccess.eonetwork.org/utah/
Who are the executives of Young Entrepreneurs Organization and what are their salaries?
There 15 volunteers at Young Entrepreneurs Organization.
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Official website here: www.eoaccess.eonetwork.org/utah/
Where can I find the form 990 for Young Entrepreneurs Organization?
Young Entrepreneurs Organization's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.eoaccess.eonetwork.org/utah/
Learn more at the official website: www.eoaccess.eonetwork.org/utah/
Mission Statement of Young Entrepreneurs Organization
The Young Entrepreneurs Organization, being a local chapter of a global organization, aims to serve as the world's most influential organization for entrepreneurs. This mission drives its activities and efforts, which are specifically geared towards supporting entrepreneurs in Utah. The organization's primary focus is on fostering an environment where entrepreneurs can connect, learn, and share experiences with one another, facilitating their growth and success. This is achieved through regular member events, where individuals gather at various venues to engage in meaningful discussions and knowledge-sharing sessions.
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Impact
July, 2024
The Young Entrepreneurs Organization in Draper, Utah, plays a significant role in supporting local entrepreneurs by providing a platform for networking, learning, and collaboration. Through member events and learning opportunities, the organization helps entrepreneurs in Utah connect with each other, share knowledge, and develop their skills. By fostering a supportive community of entrepreneurs, the Young Entrepreneurs Organization contributes to the growth and success of businesses in the region, ultimately making a positive impact on the local economy and entrepreneurial ecosystem.
This information is meant to be a general summary of Young Entrepreneurs Organization. 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 2022.
- Investment Income: $1,190
- Program Service Revenue: $199,419
- Gross Receipts: $577,697
Assets and Liabilities:
- Total Assets: $746,548
- Total Liabilities: $372,159
- Net Assets: $374,389
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
EVENT REVENUE
Revenue
$199,419
Organization Details
Founding Year
2010
Phone
(801) 835-6502Principal Officer
Scott Hodges
Main Address
129 EAST 13800 SOUTH SUITE B2 175, DRAPER, UT, 84020
NTEE Category
Code: B036 - Education
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