Overview
What is Kentucky Entrepreneurship Education Network Inc?
Kentucky Entrepreneurship Education Network Inc, commonly known as KEENSTART, is a nonprofit organization situated in Louisville, Kentucky. Their primary mission is to foster entrepreneurship among high school and college students through experiential learning and hands-on activities. The Governor's School for Entrepreneurs (GSE), an accelerator-style program, is their flagship program. Over three weeks, students develop business models, design prototypes, and present their companies to a large audience. This program encourages self-discovery, teamwork, and the formation of lasting relationships. Mentors closely assist students during design sessions and co-curricular activities, while guest speakers, visits to startups, technology sessions, special events, and recreational opportunities enrich the student's experience. By teaching entrepreneurship, KEENSTART aims to empower and inspire Kentucky's future innovators, helping them develop lifelong skills. The organization employs 19 individuals.
Official website here: www.keenstart.org/
What are the reviews and ratings of this charity?
Charity Navigator Rating: 96%, Four-Star out of Four Star rating.
Kentucky Entrepreneurship Education Network Inc demonstrates a strong commitment to accountability and financial transparency, reflected in its impressive scores across various metrics. With a 96% score in Accountability & Finance and a 95% score in Culture & Community, the organization has shown a robust governance structure, including a fully independent board. Additionally, they excel in financial oversight, maintaining a low liabilities to assets ratio and a program expense ratio of 77.76%, indicating a strong focus on their mission-related activities.
The organization has received high marks for its collection and use of constituent feedback, achieving a perfect score in this area. This suggests that Kentucky Entrepreneurship Education Network Inc values the input of those it serves and actively incorporates that feedback into its programs and strategies. Furthermore, their equity strategies are commendable, with a score of 93 out of 100, showcasing their commitment to inclusivity and diverse representation within their initiatives.
While the organization has demonstrated significant strengths, there are areas noted for improvement, particularly concerning their equity policies and processes. With scores of 6 out of 7 for equity data and 5 out of 7 for policies, there is an opportunity for Kentucky Entrepreneurship Education Network Inc to further enhance their practices in these areas to ensure comprehensive equity in their operations. Overall, the organization stands out as a reliable and impactful nonprofit in the entrepreneurship education sector.
This AI summary has been generated from information found on Charity Navigator.
Is Kentucky Entrepreneurship Education Network Inc legitimate?
Kentucky Entrepreneurship Education Network Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Kentucky Entrepreneurship Education Network 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: $224,631
For more financial information, click here
Official website here: www.keenstart.org/
What is the mission statement of Kentucky Entrepreneurship Education Network Inc?
Kentucky Entrepreneurship Education Network Inc's mission is to identify, inspire, and empower future innovators by teaching entrepreneurship to high school and college students. Through experiential learning and hands-on design sessions, the organization helps students learn about themselves and develop lifelong skills. The primary program, the Governor's School for Entrepreneurs, is an accelerator-styled program for high school students. Over three weeks, teams develop a business model, design a prototype, and pitch their company to a large audience. Students also engage with well-known guest speakers, visits to startups, interactive technology sessions, special events, and recreational opportunities. Upon completion, students gain an understanding of what it takes to create a successful company, fostering long-lasting relationships within the community.
Official website here: www.keenstart.org/
Who is the CEO of Kentucky Entrepreneurship Education Network Inc?
Anne Jewell is the Prior Ex. Di of Kentucky Entrepreneurship Education Network Inc.
Official website here: www.keenstart.org/
What is the revenue of Kentucky Entrepreneurship Education Network Inc?
Kentucky Entrepreneurship Education Network Inc's revenue in 2022 was $1,014,981.
Official website here: www.keenstart.org/
Who are the executives of Kentucky Entrepreneurship Education Network Inc and what are their salaries?
The average compensation at Kentucky Entrepreneurship Education Network Inc during 2022 was $11,823. There are 19 employees at Kentucky Entrepreneurship Education Network Inc.
Here are 7 key members and their salaries:
- Compensation: $84,031
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- Other: $0
- Compensation: $8,333
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- Other: $0
Official website here: www.keenstart.org/
Where can I find the form 990 for Kentucky Entrepreneurship Education Network Inc?
Kentucky Entrepreneurship Education Network Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.keenstart.org/
Learn more at the official website: www.keenstart.org/
Mission Statement of Kentucky Entrepreneurship Education Network Inc
Kentucky Entrepreneurship Education Network, in its mission, seeks to identify, inspire, and empower the future innovators of Kentucky. It achieves this by teaching entrepreneurship to high school and college students through experiential learning. The network believes in providing experiences that help these students understand themselves better and develop lifelong skills.
The primary program offered by Kentucky Entrepreneurship Education Network is the Governor's School for Entrepreneurs (GSE). This three-week accelerator-style program consists of developing a business model, designing a prototype, and pitching the company to a large audience. GSE students not only gain a wealth of knowledge about starting a successful business but also learn about teamwork, communication, and personal growth. Mentors play a crucial role in this program, working closely with students during hands-on design sessions and co-curricular activities.
Throughout the GSE program, students are exposed to well-known guest speakers, visits to startups, interactive technology sessions, special events, and a wide range of recreational opportunities. These activities not only broaden their horizons but also help them build long-lasting relationships. By the end of the program, students leave with a deeper understanding of what it takes to create a successful company, along with valuable skills that will serve them throughout their lives.
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Impact
July, 2024
Kentucky Entrepreneurship Education Network Inc's impact can be seen in the way it identifies, inspires, and empowers Kentucky's future innovators. By teaching entrepreneurship to high school and college students, the organization helps them learn about themselves and develop lifelong skills. One of its primary programs, the Governor's School for Entrepreneurs (GSE), is an accelerator-styled program where students work in teams to develop a business model, design a prototype, and pitch their company to a large audience. Through this experience, GSE students not only gain valuable entrepreneurial knowledge but also learn about teamwork, communication, and leadership. Mentors play a crucial role in guiding students through experiential learning sessions, hands-on design activities, and co-curricular events. Overall, the impact of Kentucky Entrepreneurship Education Network Inc is evident in the growth and development of these young innovators as they leave the program with a solid understanding of what it takes to create a successful company.
This information is meant to be a general summary of Kentucky Entrepreneurship Education Network 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.
- Investment Income: $788
- Program Service Revenue: $894,999
- Gross Receipts: $1,014,981
Assets and Liabilities:
- Total Assets: $1,172,676
- Total Liabilities: $0
- Net Assets: $1,172,676
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
GSE PROGRAM REVENUE
Revenue
$894,999
Organization Details
Founding Year
2015
Phone
(502) 592-0520Principal Officer
Anne Jewell
Main Address
PO BOX 6476, LOUISVILLE, KY, 40206
Website
www.keenstart.org/NTEE Category
Code: B99 - Education
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