Yellow Work Inc

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

EIN: 831806269 ✦ Virginia beach, VA ✦ Designated as a 501(c)(3)

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Overview

What is Yellow Work Inc?

Yellow Work Inc, based in Virginia Beach, Virginia, is a nonprofit organization with a mission to even the odds for all children through education. They focus on five key priorities: abolishing remedial education, revolutionizing teaching methods, inspiring entrepreneurship, nourishing youth, and enlisting communities. In collaboration with Amazon, the Georgia Institute of Technology, and Pharrell Williams, they introduced an educational experience to teach coding and promote conversations about racial justice among middle and high school students. This collaboration culminated in a competition for students to remix Pharrell's song "Entrepreneur" using computer code on Georgia Tech's learn-to-code platform, EarSketch. Yellow Work Inc also hosts community engagement events, such as holiday toy and turkey giveaways, and partners with organizations like Warby Parker to create workshops and resources for the next generation of innovators. With a workforce of 12 individuals, their commitment to education extends to fostering creativity and entrepreneurship in children nationwide.


Official website here: www.teamyellow.org

Is Yellow Work Inc legitimate?

Yellow Work Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Yellow Work 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: $208,218
Professional Fundraising Fees: $0
Other Salaries and Wages: $950,882

For more financial information, click here


Official website here: www.teamyellow.org

What is the mission statement of Yellow Work Inc?

Yellow Work Inc's mission is centered around providing equal educational opportunities for all children. The organization focuses on five key priorities to transform education, including abolishing remedial education, revolutionizing teaching methods, promoting entrepreneurship, nourishing youth, and engaging communities. Their activities aim to even the odds in education and teach for the future. They have collaborated with Amazon and the Georgia Institute of Technology to introduce coding lessons and discussions about racial justice. Additionally, the 'Summer of Innovation' campaign encourages creativity and entrepreneurship among children nationwide. Yellow Work Inc also hosts community engagement events and workshops to prepare for the YellowHab opening, which includes holiday giveaways. The Warby Parker team joined their efforts to create a "Lens of Possibility" workshop series for future innovators and visionaries.


Official website here: www.teamyellow.org

Who is the CEO of Yellow Work Inc?

Pharrell Williams is the CEO of Yellow Work Inc The CEO's salary of Yellow Work Inc is $0 and their total compensation is $0.


Official website here: www.teamyellow.org

What is the revenue of Yellow Work Inc?

Yellow Work Inc's revenue in 2024 was $2,776,810.


Official website here: www.teamyellow.org

Who are the executives of Yellow Work Inc and what are their salaries?

The average compensation at Yellow Work Inc during 2024 was $68,182. There are 17 employees at Yellow Work Inc.

Here are 10 key members and their salaries (Yellow Work Inc's CEO's salary is $0 and their total compensation is $0):


Stacey Owsley (Executive Director)
  • Compensation: $185,730
  • Related: $0
  • Other: $22,488
Nicole Avant (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ted Sarandos (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jane Rosenthal (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Geoffrey Canada (Board Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Pharrell Williams (President/Ceo)
  • Compensation: $0
  • Related: $0
  • Other: $0
Andrew Nikou (Secretary&Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dominic Ng (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Bob Pilon (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Theodore Colbert Iii (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.teamyellow.org

Where can I find the form 990 for Yellow Work Inc?

Yellow Work Inc's most recent form 990 was submitted in 2024 and can be accessed here.


Official website here: www.teamyellow.org

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

Mission Statement of Yellow Work Inc

Yellow Work Inc, with a mission to even the odds for all kids, focuses on education as its primary tool for transformation. The organization emphasizes five key priorities: abolishing remedial education, revolutionizing teaching methods, inspiring entrepreneurship, nourishing youth, and enlisting communities. Their ultimate goal is to transform the educational landscape and prepare students for the future.

Yellow Work Inc is actively engaged in various initiatives to achieve its mission. One such initiative is its partnership with Amazon Earsketch X Yellow, Amazon, and the Georgia Institute of Technology. This collaboration aims to provide educational experiences in coding while encouraging meaningful conversations about racial justice among middle and high school students and their teachers. The partnership culminates in a competition where students remix Pharrell's new song "Entrepreneur" using computer code on Georgia Tech's learn-to-code-through-music platform, Earsketch.

Another initiative is the Summer of Innovation, an online campaign that fosters creativity and entrepreneurship in children nationwide. This campaign encourages children to identify problems and find solutions through new business ideas, art projects, music, inventions, or helpful services. By challenging children to address issues that matter, Yellow Work Inc aims to equip them with the necessary skills for problem-solving and innovation. Moreover, the organization hosts community engagement events and forums to prepare for the Yellowhab opening, including turkey and toy giveaways during the holidays. In collaboration with Warby Parker Team Yellow, Yellow Work Inc also offers the "Lens of Possibility" workshop, a series of videos and online resources for the next generation of innovators, groundbreakers, and outliers. This initiative aims to usher in the next wave of visionaries.

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Impact




October, 2024

Yellow Work Inc actively transforms education by focusing on five crucial priorities aimed at leveling the playing field for all children. By abolishing remedial practices, revolutionizing teaching methodologies, inspiring entrepreneurship, nourishing youth, and enlisting communities, the organization fosters a comprehensive educational experience.

One notable initiative is the collaboration with Amazon and the Georgia Institute of Technology, which aims to teach coding to middle and high school students while instigating meaningful conversations about racial justice. Through this partnership, students engage in a competition that encourages them to express their creativity by remixing Pharrell's song "Entrepreneur" via Georgia Tech's EarSketch platform, blending coding with music and social issues.

Additionally, Yellow Work Inc launched the Summer of Innovation campaign, which empowers kids across the nation to pursue creative projects and entrepreneurial ideas. By challenging them to identify and solve real-world problems, the program cultivates essential skills and innovative thinking.

The organization also invests in community engagement, hosting events like holiday giveaways to build connections and support local families. Their collaboration with Warby Parker to create a "Lens of Possibility" workshop series equips the next generation of visionaries with the tools and resources they need to succeed.

Overall, Yellow Work Inc's multifaceted approach not only enhances educational opportunities but also fosters a culture of creativity, social awareness, and community involvement among youth.




This information is meant to be a general summary of Yellow Work 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
$2,776,810 (2024)
Expenses
$2,423,006 (2024)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2024.

  • Program Service Revenue: $3,053
  • Gross Receipts: $2,776,810

Assets and Liabilities:

  • Total Assets: $3,716,955
  • Total Liabilities: $24,691
  • Net Assets: $3,692,264

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Programs

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

OTHER INCOME
0

Revenue

$3,053

Organization Details

Founding Year

2019

Principal Officer

Stacey Owsley

NTEE Category

Code: B99 - Education

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