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The Young Entrepreneurs Academy Inc

Learn about this cause: What are the reviews? Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 300513715 ✦ Pittsford, NY ✦ Designated as a 501(c)(3)

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Overview

What is The Young Entrepreneurs Academy Inc?

The Young Entrepreneurs Academy Inc, located at 16 WIDEWATERS LANE, Pittsford, NY 14534, is a transformative nonprofit organization that empowers local middle and high school students. Over a year-long program, students in grades 6-12 develop business ideas, conduct market research, draft business plans, present to potential investors, and ultimately launch their own companies. By participating in this comprehensive program, students gain real-world entrepreneurial experience, fostering their confidence and skill set. The organization's mission is to provide a groundbreaking platform that guides students through the process of starting and managing a business throughout an entire academic year.


Official website here: www.yeausa.org

What do the Facebook reviews say about The Young Entrepreneurs Academy Inc?

98% of 13 reviewers on Facebook recommend The Young Entrepreneurs Academy Inc. Here is a summary of their reviews:

The Young Entrepreneurs Academy is praised for providing a distinctive platform that enables young individuals to transform their entrepreneurial aspirations into tangible businesses. Many participants commend the program for fostering creativity and instilling the hard work necessary for turning ideas into successful startups.

Overall, the sentiment highlights a strong appreciation for the guidance and support offered, with many parents and students noting the organization’s effectiveness in equipping youth with valuable skills and insights for their entrepreneurial journeys. The program appears to consistently meet the expectations of its attendees, creating a positive impact on the next generation of entrepreneurs.


This AI summary has been generated from reviews found on Facebook.

Is The Young Entrepreneurs Academy Inc legitimate?

The Young Entrepreneurs Academy Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. The Young Entrepreneurs Academy Inc 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: $123,587
Professional Fundraising Fees: $0
Other Salaries and Wages: $121,261

For more financial information, click here


Official website here: www.yeausa.org

What is the mission statement of The Young Entrepreneurs Academy Inc?

The Young Entrepreneurs Academy Inc's mission is to operate a groundbreaking program that guides students in grades six through twelve through the process of starting and managing a real business over the course of a full academic year. This program transforms local middle and high school students into confident entrepreneurs. The students involved in this year-long program generate business ideas, conduct market research, write business plans, pitch to a panel of investors, and eventually launch their own companies.


Official website here: www.yeausa.org

Who is the CEO of The Young Entrepreneurs Academy Inc?

Gayle Jagel is the President & Ceo of The Young Entrepreneurs Academy Inc. The CEO's salary of The Young Entrepreneurs Academy Inc is $109,615 and their total compensation is $122,214.


Official website here: www.yeausa.org

What is the revenue of The Young Entrepreneurs Academy Inc?

The Young Entrepreneurs Academy Inc's revenue in 2021 was $326,928.


Official website here: www.yeausa.org

Who are the executives of The Young Entrepreneurs Academy Inc and what are their salaries?

The average compensation at The Young Entrepreneurs Academy Inc during 2021 was $61,212. There are 4 employees and 6200 volunteers at The Young Entrepreneurs Academy Inc.


Here are 7 key members and their salaries (The Young Entrepreneurs Academy Inc's CEO's salary is $109,615 and their total compensation is $122,214):


Gayle Jagel (President & Ceo)
  • Compensation: $109,615
  • Related: $0
  • Other: $12,599
Kevin Halpin (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jack Baron (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Steve Sauer (Chair (Part Year))
  • Compensation: $0
  • Related: $0
  • Other: $0
Phil Saunders (Director (Part Year))
  • Compensation: $0
  • Related: $0
  • Other: $0
Troy Mclellan (Director/Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Patty Redding (Director (Part Year))
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.yeausa.org

Where can I find the form 990 for The Young Entrepreneurs Academy Inc?

The Young Entrepreneurs Academy Inc's most recent form 990 was submitted in 2021 and can be accessed here.


Official website here: www.yeausa.org

Learn more at the official website: www.yeausa.org

Mission Statement of The Young Entrepreneurs Academy Inc

The Young Entrepreneurs Academy Inc, a groundbreaking organization, is committed to providing a unique and transformative experience for students in grades six through twelve. Its mission is to guide these young individuals through the process of starting and running a real business over the course of an entire academic year. By participating in this program, students not only develop entrepreneurial skills but also gain confidence in their abilities. They begin by generating business ideas, conduct market research, write comprehensive business plans, and ultimately pitch their concepts to a panel of investors. Ultimately, they launch their very own companies, thereby becoming real-life entrepreneurs.

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Impact




October, 2024

The Young Entrepreneurs Academy Inc. has a significant impact by empowering middle and high school students with essential skills and experiences that foster entrepreneurial spirit and confidence. The program guides students through the entire process of launching a business, from generating innovative ideas and conducting market research to drafting business plans and pitching to real investors.

This hands-on experience not only cultivates practical business acumen but also enhances critical thinking, problem-solving, and public speaking skills. As students navigate challenges and celebrate successes in starting their own companies, they build resilience and learn the value of teamwork and collaboration.

By transforming local youth into confident entrepreneurs, the program contributes to their personal development and encourages a future generation that values innovation and entrepreneurship. The skills acquired during this year-long journey are invaluable, equipping students not only for business endeavors but also for diverse career paths and future leadership roles. Overall, The Young Entrepreneurs Academy plays a pivotal role in youth development, fostering a more entrepreneurial mindset among young individuals.




This information is meant to be a general summary of The Young Entrepreneurs Academy Inc. 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.

Revenue
$326,928 (2021)
Expenses
$474,552 (2021)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2021.

  • Program Service Revenue: $159,950
  • Gross Receipts: $326,928

Assets and Liabilities:

  • Total Assets: $192,804
  • Total Liabilities: $152,495
  • Net Assets: $40,309

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

ENTREPRENEURIAL EDUCAT

Revenue

$159,950

Organization Details

Founding Year

2008

Principal Officer

Gayle Jagel

Main Address

16 WIDEWATERS LANE, PITTSFORD, NY, 14534

NTEE Category

Code: O53 - Youth development

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