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Entrepreneurs Organization Of New York Inc

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

EIN: 760726140 ✦ New york, NY ✦ Designated as a 501(c)(3)

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Overview

What is Entrepreneurs Organization Of New York Inc?

Entrepreneurs Organization of New York Inc is a nonprofit organization situated in the heart of New York City, specifically at CO A TEAM 15 WEST 38TH ST 609, New York, NY 10018. Their primary mission is to foster the development of entrepreneurial skills amongst the local business community. They achieve this goal by providing educational programs and facilitating peer-to-peer interaction. The organization's activities and mission are both centered around empowering New York area entrepreneurs to enhance their business operations. With a modest team of two employees, they aim to contribute significantly to the entrepreneurial landscape of New York.


Official website here: www.eonetwork.org

What are the reviews and ratings of this charity?

Charity Navigator Rating: 58% (One-Star out of Four Stars)

The Entrepreneurs Organization of New York Inc has received a low rating of 58%, which indicates potential concerns in its accountability and financial practices. While the organization demonstrates strong governance with a fully independent board, it fell short in financial transparency, as it has not made its financial statements available. This lack of accessible financial documentation has significantly impacted its overall score.

On the positive side, the organization has established sound policies, such as a conflict of interest policy and guidelines for document retention and destruction. Moreover, it has maintained a strong record in asset management, with a very low liabilities-to-assets ratio, indicating financial stability in that aspect. However, the absence of a whistleblower policy raises questions about its commitment to accountability and transparency.

Overall, while the Entrepreneurs Organization of New York Inc shows strengths in governance and asset management, the major deficiencies in financial transparency and the lack of certain policies prevent it from achieving a higher rating. Potential donors and stakeholders may wish to consider these factors carefully before engaging with the organization.


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

Is Entrepreneurs Organization Of New York Inc legitimate?

Entrepreneurs Organization Of New York Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Entrepreneurs Organization Of New York 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $146,510

For more financial information, click here


Official website here: www.eonetwork.org

What is the mission statement of Entrepreneurs Organization Of New York Inc?

The Entrepreneurs Organization of New York Inc. aims to establish a platform for entrepreneurs, fostering their business acumen through educational programs and peer-to-peer interactions. By providing this forum, the organization aims to broaden the entrepreneurs' skills in managing their businesses effectively. This is achieved through a variety of educational programs designed specifically for the organization's members.


Official website here: www.eonetwork.org

Who is the CEO of Entrepreneurs Organization Of New York Inc?

Tedd Drattell is the President of Entrepreneurs Organization Of New York Inc.


Official website here: www.eonetwork.org

What is the revenue of Entrepreneurs Organization Of New York Inc?

Entrepreneurs Organization Of New York Inc's revenue in 2022 was $1,025,175.


Official website here: www.eonetwork.org

Who are the executives of Entrepreneurs Organization Of New York Inc and what are their salaries?

The average compensation at Entrepreneurs Organization Of New York Inc during 2022 was $73,255. There are 2 employees and 15 volunteers at Entrepreneurs Organization Of New York Inc.


Here are 16 key members and their salaries:


Debbie Kiederer (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Liz Reitman (Mentorship Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Shad Mohammed (Member Engagement Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Sel Watts (External Engagement)
  • Compensation: $0
  • Related: $0
  • Other: $0
Paul Smith (Learning Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Domenic Romano (Forum)
  • Compensation: $0
  • Related: $0
  • Other: $0
Nat Milner (Moderator)
  • Compensation: $0
  • Related: $0
  • Other: $0
Chris Wilkerson (Member Engagement Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Tedd Drattell (Finance Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Robin Hafitz (Sap)
  • Compensation: $0
  • Related: $0
  • Other: $0
Len Oppenheimer (Membership Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dave Stein (Gsea)
  • Compensation: $0
  • Related: $0
  • Other: $0
Tom Conlon (Accelerator)
  • Compensation: $0
  • Related: $0
  • Other: $0
Chintan Panchal (Impact Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Sarah Evans (Social Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Bryan Luoma (Inclusion Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.eonetwork.org

Where can I find the form 990 for Entrepreneurs Organization Of New York Inc?

Entrepreneurs Organization Of New York Inc's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.eonetwork.org

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

Mission Statement of Entrepreneurs Organization Of New York Inc

Entrepreneurs Organization of New York Inc is committed to establishing a platform for entrepreneurs in the New York area. Their mission is to facilitate the growth of these business owners by providing them with educational opportunities and fostering peer-to-peer interactions. By doing so, Entrepreneurs Organization of New York Inc aims to enhance the skills required to operate a successful business, thereby contributing to the development of the entrepreneurial community. Through their educational programs and interactive sessions, members of this organization can broaden their business acumen and build a support network, ultimately benefiting from the collective wisdom and experiences of their peers.

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Impact




July, 2024

Entrepreneurs Organization Of New York Inc plays a vital role in fostering a supportive and collaborative environment for New York area entrepreneurs to enhance their business acumen and skills. Through educational programs and peer-to-peer interactions, the organization empowers its members to navigate the complexities of entrepreneurship successfully. By providing a platform for continuous learning and networking, Entrepreneurs Organization Of New York Inc contributes to the growth and success of businesses in the region, ultimately driving economic development and innovation.




This information is meant to be a general summary of Entrepreneurs Organization Of New York 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
$1,025,175 (2022)
Expenses
$697,907 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $416
  • Gross Receipts: $1,025,175

Assets and Liabilities:

  • Total Assets: $1,056,627
  • Total Liabilities: $14,219
  • Net Assets: $1,042,408

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Organization Details

Founding Year

1998

Principal Officer

Tedd Drattell

Main Address

CO A TEAM 15 WEST 38TH ST 609, NEW YORK, NY, 10018

NTEE Category

Code: B036 - Education

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