Overview
What is Youth Entrepreneurs Inc?
Youth Entrepreneurs Inc, operating under the name Empowered, is a nonprofit organization based in Wichita, Kansas. Their primary mission is to educate individuals, both young and adult, about entrepreneurship and business. Empowered strives to foster entrepreneurship by engaging teachers and equipping them with a growth mindset to enhance their classrooms, careers, and communities. They offer an online platform, Empowered Hub, providing resources, professional development opportunities, and a supportive educator community. In 2022, they expanded their educator community and offered in-person and virtual training events. Empowered's long-term goal is to inspire societal change through empowering teachers with the necessary trust and tools for fulfilling careers, leading to improved learning experiences for students.
Official website here: www.teachempowered.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 91%
Youth Entrepreneurs Inc has achieved a commendable Four-Star out of Four Star rating from Charity Navigator, reflecting its strong performance in both accountability and finance as well as culture and community. The organization has a high Accountability & Finance score of 92, indicating effective management of its resources. With a Program Expense Ratio of 82.18%, it demonstrates a commitment to directing a significant portion of its funds toward its programs, which is a positive sign for potential donors.
The organization's Culture & Community score of 87 suggests a solid engagement with its stakeholders and a positive internal environment. Feedback collection and usage are noteworthy, with a perfect score of 100, indicating that the organization actively seeks and incorporates input from its constituents. This responsiveness enhances the organization’s credibility and ensures that it aligns its initiatives with the needs of those it serves.
However, while the financial metrics are promising, the Working Capital Ratio of 0.49 years may indicate potential liquidity concerns. Additionally, there are areas for improvement in equity strategies and policies, as reflected by scores of 81 out of 100. Overall, Youth Entrepreneurs Inc illustrates strong performance and a dedication to accountability, making it a viable option for donors looking to support impactful youth initiatives.
This AI summary has been generated from information found on Charity Navigator.
Is Youth Entrepreneurs Inc legitimate?
Youth Entrepreneurs Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Youth Entrepreneurs 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: $484,306
Professional Fundraising Fees: $0
Other Salaries and Wages: $2,155,397
For more financial information, click here
Official website here: www.teachempowered.org
What is the mission statement of Youth Entrepreneurs Inc?
Youth Entrepreneurs Inc's mission is centered around educating both young people and adults about entrepreneurship and business in general. The organization aims to encourage the practice of entrepreneurship among these groups. By empowering teachers with a growth mindset, they strive to transform education, enabling students to discover and develop their abilities in a low-risk environment. The ultimate goal is to prepare students to utilize their unique talents as they enter society, thereby creating more ventures, opportunities, and value for themselves, and contributing positively to society as a whole.
Official website here: www.teachempowered.org
Who is the CEO of Youth Entrepreneurs Inc?
Unavailable The CEO's salary of Youth Entrepreneurs Inc is $172,310 and their total compensation is $199,273.
Official website here: www.teachempowered.org
What is the revenue of Youth Entrepreneurs Inc?
Youth Entrepreneurs Inc's revenue in 2022 was $5,081,118.
Official website here: www.teachempowered.org
Who are the executives of Youth Entrepreneurs Inc and what are their salaries?
The average compensation at Youth Entrepreneurs Inc during 2022 was $65,993. There are 40 employees at Youth Entrepreneurs Inc.
Here are 11 key members and their salaries (Youth Entrepreneurs Inc's CEO's salary is $172,310 and their total compensation is $199,273):
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- Compensation: $290,486
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- Other: $33,991
- Compensation: $213,989
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- Other: $19,110
- Compensation: $114,471
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- Other: $26,513
- Compensation: $172,310
- Related: $0
- Other: $26,963
Official website here: www.teachempowered.org
Where can I find the form 990 for Youth Entrepreneurs Inc?
Youth Entrepreneurs Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.teachempowered.org
Learn more at the official website: www.teachempowered.org
Mission Statement of Youth Entrepreneurs Inc
Youth Entrepreneurs Inc, a non-profit organization, is dedicated to two primary missions. Firstly, they aim to educate young people and adults about entrepreneurship and business in general. They believe in the transformative power of entrepreneurship and strive to encourage its practice among this demographic. Secondly, they focus on empowering teachers with a growth mindset, enabling them to instill this same mindset in their classrooms, careers, and communities.
By empowering teachers, Youth Entrepreneurs Inc aims to transform education from within. They provide these educators with the trust and necessary tools to have successful, fulfilling careers. These teachers, in turn, offer their students a more enriching learning experience, equipping them with essential life skills and perspectives. This approach encourages students to discover and develop their innate abilities, preparing them to seize opportunities and contribute positively to society. The non-profit organization's long-term goal is to utilize a growth mindset as a vehicle for societal change.
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Impact
July, 2024
Youth Entrepreneurs Inc is empowering teachers with a growth mindset in their classrooms, careers, and communities. By transforming education from within, they are helping more young people discover their talents, develop their skills, and values, including through failure, in a low-risk environment. The organization's intent is for students to be prepared to deploy their unique gifts as they enter society - creating more ventures, more opportunities, and more value for themselves and contributions to our shared society. Through their programs and resources, Youth Entrepreneurs Inc is making a significant impact on education and entrepreneurship, preparing the next generation for success.
This information is meant to be a general summary of Youth Entrepreneurs 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Program Service Revenue: $3,763
- Gross Receipts: $5,081,118
Assets and Liabilities:
- Total Assets: $5,643,568
- Total Liabilities: $1,221,785
- Net Assets: $4,421,783
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Organization Details
Founding Year
1996
Phone
(316) 828-3938Main Address
4111 E 37TH ST N D101, WICHITA, KS, 67220
Website
www.teachempowered.orgNTEE Category
Code: B90 - Education
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