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Ceos Of Tomorrow Inc

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

EIN: 300941154 ✦ Madison, WI ✦ Designated as a 501(c)(3)

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Overview

What is Ceos Of Tomorrow Inc?

Ceos Of Tomorrow Inc is a nonprofit organization situated in Madison, Wisconsin, specifically at 2702 International Lane 112. Their primary focus is on entrepreneurship education, which they extend to various youth organizations and schools through contracted programs. They offer personalized programs tailored to address the unique needs of the communities they serve. Their mission is to inspire and empower youth to harness their entrepreneurial talents, with the goal of using these skills to positively impact society. They define social entrepreneurship as the establishment of businesses that address social issues or contribute to societal improvement. Ceos Of Tomorrow Inc encourages youth to create and manage real-world businesses or social ventures, fostering an engaging and hands-on learning experience. With a dedicated team of 41 employees, the organization is committed to making a meaningful difference in the lives of young individuals.


Official website here: www.ceosoftomorrow.org

What are the reviews and ratings of this charity?

Charity Navigator Rating: 81% (Three-Star out of Four Stars)

Ceos Of Tomorrow Inc has earned an 81% rating from Charity Navigator, indicating a commendable level of accountability and financial health. The rating is based entirely on a single beacon score, which emphasizes the charity's strong governance and transparency practices. The organization boasts a fully independent board with all eight members meeting the criteria for independence, contributing to its solid governance structure.

The charity demonstrates a strong commitment to its mission, with 78.41% of its expenses allocated to program services, reflecting effective use of resources. Additionally, the organization has no reported material diversions of assets and adheres to several best practices in nonprofit governance, such as having a conflict of interest policy and a whistleblower policy in place.

However, it is worth noting that the salary of the founder is $74,375, while other key personnel do not draw salaries. While this may reflect a focus on mission-driven work, the data could raise questions about the compensation structure within the organization. Overall, Ceos Of Tomorrow Inc shows a robust financial profile and effective governance, positioning it well within the nonprofit sector.


This AI summary has been generated from information found on Charity Navigator.

What do the Facebook reviews say about Ceos Of Tomorrow Inc?

While Ceos Of Tomorrow Inc has not yet received a formal rating, early comments indicate a positive reception for their mission. One reviewer expressed enthusiasm for the nonprofit's professional approach to creating awareness about its concept and expressed a desire to get involved. This level of engagement suggests a strong sense of community and purpose surrounding the organization.

However, there appears to be a concern about the accessibility of their book, as one individual highlighted challenges related to its availability only on Amazon and Kindle. This feedback points to a potential area for improvement in distribution that could help broaden their reach and impact.

Overall, the sentiment towards Ceos Of Tomorrow Inc is encouraging, with individuals eager to support their goals and become more involved, despite some minor logistical issues regarding accessibility.


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

Is Ceos Of Tomorrow Inc legitimate?

Ceos Of Tomorrow Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Ceos Of Tomorrow 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: $75,192
Professional Fundraising Fees: $0
Other Salaries and Wages: $230,520

For more financial information, click here


Official website here: www.ceosoftomorrow.org

What is the mission statement of Ceos Of Tomorrow Inc?

Ceos Of Tomorrow Inc's mission is centered around inspiring youth to utilize their entrepreneurial talents for the betterment of society. They achieve this by providing engaging and hands-on social entrepreneurship education. The organization encourages young individuals to launch their self-designed and managed businesses or social ventures that address societal issues or improve communities. Additionally, Ceos Of Tomorrow Inc extends its commitment to entrepreneurship education by contracting with outside youth organizations and schools, delivering personalized programs to meet the specific needs of the communities they serve.


Official website here: www.ceosoftomorrow.org

Who is the CEO of Ceos Of Tomorrow Inc?

Roxie Hentz is the President of Ceos Of Tomorrow Inc. The CEO's salary of Ceos Of Tomorrow Inc is $74,375 and their total compensation is $75,192.


Official website here: www.ceosoftomorrow.org

What is the revenue of Ceos Of Tomorrow Inc?

Ceos Of Tomorrow Inc's revenue in 2022 was $554,355.


Official website here: www.ceosoftomorrow.org

Who are the executives of Ceos Of Tomorrow Inc and what are their salaries?

The average compensation at Ceos Of Tomorrow Inc during 2022 was $7,456. There are 41 employees and 15 volunteers at Ceos Of Tomorrow Inc.


Here are 6 key members and their salaries (Ceos Of Tomorrow Inc's CEO's salary is $74,375 and their total compensation is $75,192):


Iris Lowery (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Donnetta Foxx (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Fabiola Hamden (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Stuart Hee (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Barbara Sella (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Roxie Hentz (Founder & Ceo)
  • Compensation: $74,375
  • Related: $0
  • Other: $817


Official website here: www.ceosoftomorrow.org

Where can I find the form 990 for Ceos Of Tomorrow Inc?

Ceos Of Tomorrow Inc's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.ceosoftomorrow.org

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

Mission Statement of Ceos Of Tomorrow Inc

Ceos Of Tomorrow Inc, a nonprofit organization, is dedicated to inspiring youth by unlocking their entrepreneurial potential. The mission of this organization is to motivate young individuals to utilize their entrepreneurial gifts for the betterment of society. Ceos Of Tomorrow Inc achieves this by providing engaging and hands-on social entrepreneurship education. This education empowers the youth to create businesses or social ventures that address existing social issues or contribute positively to society. By doing so, the organization aims to foster a generation of young leaders who can make a significant impact on the world.

In addition to its primary mission, Ceos Of Tomorrow Inc extends its commitment to entrepreneurship education to outside youth organizations and schools. The organization contracts with these organizations and schools to bring personalized programs directly to them, tailoring its approach to meet the specific needs of the community being served. This approach ensures that Ceos Of Tomorrow Inc's programs are accessible and relevant to a wide range of youth, allowing them to develop the skills and mindset necessary to become successful social entrepreneurs. In essence, Ceos Of Tomorrow Inc is dedicated to equipping the youth with the tools they need to make a positive change in the world, one entrepreneurial venture at a time.

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Impact




July, 2024

Ceos Of Tomorrow Inc is making a significant impact by providing engaging and hands-on social entrepreneurship education to youth. Their mission to inspire young individuals to unlock their entrepreneurial gifts and use them to make the world a better place is commendable. By defining social entrepreneurship as the act of opening a business that addresses a social problem or improves society, they are empowering the next generation to create positive change.

Through their contracted programs, Ceos Of Tomorrow extends its commitment to entrepreneurship education by customizing programs for outside youth organizations and schools. By bringing personalized programs directly to these communities, they are able to meet the specific needs of the population being served. This approach ensures that the impact of Ceos Of Tomorrow reaches a diverse range of young individuals, equipping them with the skills and mindset needed to design and manage their businesses or social ventures.

Overall, Ceos Of Tomorrow Inc's focus on education, entrepreneurship, and social impact is shaping the future leaders who will drive positive change in their communities and beyond.




This information is meant to be a general summary of Ceos Of Tomorrow 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
$554,355 (2022)
Expenses
$548,764 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $1,692
  • Program Service Revenue: $43,416
  • Gross Receipts: $554,355

Assets and Liabilities:

  • Total Assets: $314,762
  • Total Liabilities: $15,559
  • Net Assets: $299,203

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Programs

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

FINANCIAL WELLNESS CLASS FEES

Revenue

$22,608

THESE TEENS MEAN BUSINESS PROGRAM

Revenue

$14,962

BUSINESS OF GIVING BOOTCAMP

Revenue

$3,209

Organization Details

Founding Year

2016

Principal Officer

Roxie Hentz

Main Address

2702 INTERNATIONAL LANE 112, MADISON, WI, 53704

NTEE Category

Code: B99 - Education

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