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Learning About Business

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

EIN: 341381822 ✦ Painesville, OH ✦ Designated as a 501(c)(3)

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Overview

What is Learning About Business?

Learning About Business, as described, is a summer program designed specifically for high school students. This nonprofit organization's mission is to enlighten these students about the significance of American Business in our society. Through this educational program, it aims to foster an understanding of how businesses shape our world. The exact activities or specifics of the program are not provided in the information, but it is clear that the focus is on educating high school students about this topic.

What are the reviews and ratings of this charity?

Charity Navigator Rating: 87%, Three-Star out of Four Star rating. This rating reflects the charity's strong performance in Accountability and Finance, with an overall score based solely on this beacon. The organization shows a solid commitment to transparency and effective financial management, crucial for donor trust and sustainability.

Learning About Business demonstrates exceptional governance, evidenced by a fully independent board with 12 members and no material diversion of assets. Additionally, they have implemented comprehensive policies for conflict of interest and document retention, further enhancing their accountability. The program expense ratio of 82.65% indicates that a significant portion of their funds is allocated directly to programs, which is a positive indicator for potential donors.

Despite its strengths, the charity maintains a moderate rating, as the assessment relies heavily on financial metrics alone. While the financial health and governance are commendable, a broader evaluation of program effectiveness and impact would provide a more comprehensive view of the organization’s overall performance.


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

Is Learning About Business legitimate?

Learning About Business is a legitimate nonprofit organization registered as a 501(c)(3) entity. Learning About Business submitted a form 990EZ, 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.

What is the mission statement of Learning About Business?

The mission of Learning About Business is centered around conducting a summer program aimed at high school students. The primary objective of this program is to educate these students about the significant role of American businesses within our society. This educational initiative aims to provide a comprehensive understanding of how businesses contribute to our societal fabric.

Who is the CEO of Learning About Business?

Unavailable

What is the revenue of Learning About Business?

Learning About Business's revenue in 2023 was $50,864.

Who are the executives of Learning About Business and what are their salaries?


Here are 4 key members and their salaries:


Marie Graf (Executive Di)
  • Compensation: $26,400
  • Related: $0
  • Other: $0
Pete Derooy (Past Charima)
  • Compensation: $0
  • Related: $0
  • Other: $0
Paul Pahoresky (Finance Chai)
  • Compensation: $0
  • Related: $0
  • Other: $0
Larry Lamphier (Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990EZ for Learning About Business?

Learning About Business's most recent form 990EZ was submitted in 2023 and can be accessed here.

Mission Statement of Learning About Business

Learning About Business, a summer program, is dedicated to enlightening high school students about the significant role of American businesses in society. Its mission is educational in nature, aiming to instruct these students on the role that businesses play in our society. This program serves as a valuable tool for young learners, providing them with insights and knowledge that can shape their future perspectives. By participating in Learning About Business, high school students gain a deeper understanding of the impact and influence of businesses within our society.

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Impact




August, 2024

Learning About Business has a significant impact on high school students by educating them on the role of American business in our society. Through its summer program, students are provided with valuable knowledge and insights that help them better understand the business world. This program plays a crucial role in youth development by equipping students with essential skills and knowledge that can benefit them in their future endeavors. By focusing on the educational aspect of business, Learning About Business contributes to shaping informed and knowledgeable future professionals who can make positive contributions to the business world and society as a whole.




This information is meant to be a general summary of Learning About Business. 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
$50,864 (2023)
Expenses
$76,057 (2023)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2023.

  • Investment Income: $1,292
  • Program Service Revenue: $19,659
  • Gross Receipts: $79,774

Assets and Liabilities:

  • Total Assets: $170,340
  • Total Liabilities: $0
  • Net Assets: $170,340

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Organization Details

Main Address

391 W WASHINGTON ST, PAINESVILLE, OH, 44077

NTEE Category

Code: O53Z - Youth development

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