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The Center For Entrepreneurial Studies

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

EIN: 832097051 ✦ Farmington, ME ✦ Designated as a 501(c)(3)

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Overview

What is The Center For Entrepreneurial Studies?

The Center for Entrepreneurial Studies is a nonprofit organization situated in Farmington, Maine. Their primary focus is on empowering young professionals aged 14 to 24 through their program, Young Professionals Empowered (YPE). This program encourages personal growth, aids in making informed career decisions, and fosters the development of work-related skills. The YPE program combines on-the-job learning with applied work-based education, providing participants with professional development opportunities and the chance to intern or create their own businesses. The center aims to foster a wide-reaching support system for workforce development and creative thinking, believing that an entrepreneurial mindset contributes to a thriving and prosperous community. With a team of 15 dedicated individuals, the center is actively engaged in nurturing the next generation of entrepreneurs.


Official website here: www.cesmaine.org

What do the Facebook reviews say about The Center For Entrepreneurial Studies?

100% of 5 reviewers on Facebook recommend The Center For Entrepreneurial Studies. Here is a summary of their reviews:

Many patrons express their enthusiasm for the nonprofit's mission, highlighting its positive impact on youth employment. Customers appreciate the affordable prices and the charm of the shop, creating a pleasant shopping experience that encourages repeat visits. The overall sentiment is one of strong support for both the organization and its cause, with users valuing the opportunity to help local youth.

Overall, the reviews paint a picture of a well-regarded nonprofit that not only provides valuable services but also fosters community involvement. The combination of quality offerings and meaningful purpose resonates well with customers, making them eager to return and support the initiative.


This AI summary has been generated from reviews found on Facebook.

Is The Center For Entrepreneurial Studies legitimate?

The Center For Entrepreneurial Studies is a legitimate nonprofit organization registered as a 501(c)(3) entity. The Center For Entrepreneurial Studies 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: $36,998

For more financial information, click here


Official website here: www.cesmaine.org

What is the mission statement of The Center For Entrepreneurial Studies?

The Center for Entrepreneurial Studies aims to establish a comprehensive support system for workforce development and creative thinking. This program believes that an entrepreneurial mindset fosters growth and prosperity within a community. One of their initiatives, the Young Professionals Empowered (YPE) program, guides youth between the ages of 14 and 24 in pursuing their interests, making informed career decisions, and cultivating work-related skills, knowledge, and opportunities. The YPE program combines on-the-job learning with applied work-based learning, providing participants with professional development opportunities and a work-based learning experience, either as an intern or by starting their own business. Participants also gain retail work skills and business acumen through their involvement in the retail store.


Official website here: www.cesmaine.org

Who is the CEO of The Center For Entrepreneurial Studies?

Bonita Tompkins is the CEO of The Center For Entrepreneurial Studies The CEO's salary of The Center For Entrepreneurial Studies is $0 and their total compensation is $0.


Official website here: www.cesmaine.org

What is the revenue of The Center For Entrepreneurial Studies?

The Center For Entrepreneurial Studies's revenue in 2023 was $233,499.


Official website here: www.cesmaine.org

Who are the executives of The Center For Entrepreneurial Studies and what are their salaries?

The average compensation at The Center For Entrepreneurial Studies during 2023 was $4,111. There are 9 employees and 210 volunteers at The Center For Entrepreneurial Studies.

Here are 6 key members and their salaries (The Center For Entrepreneurial Studies's CEO's salary is $0 and their total compensation is $0):


Courtney Carrier (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Louis Carrier (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Amanda Coolong (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Billi Mitchell (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ashley Tompkins (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Bonita Tompkins (Ceo)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.cesmaine.org

Where can I find the form 990 for The Center For Entrepreneurial Studies?

The Center For Entrepreneurial Studies's most recent form 990 was submitted in 2023 and can be accessed here.


Official website here: www.cesmaine.org

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

Mission Statement of The Center For Entrepreneurial Studies

The Center for Entrepreneurial Studies is dedicated to establishing a comprehensive support system that fosters workforce development and encourages creative thinking. This organization believes that an entrepreneurial mindset is instrumental in cultivating a thriving and prosperous community. Their mission is to create a far-reaching network that empowers individuals to develop their skills, nurture innovative ideas, and ultimately contribute to the community's growth.

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Impact




October, 2024

The Center For Entrepreneurial Studies significantly impacts workforce development and creative thinking in the community. By fostering an entrepreneurial mindset, it cultivates a growing and prosperous environment. Central to this mission is the Young Professionals Empowered (YPE) program, which serves youth and young adults aged 14-24. This initiative guides participants in pursuing their interests and making informed career choices while equipping them with essential work-related skills.

The YPE program combines dynamic on-the-job learning with applied work-based experiences, ensuring a well-rounded educational approach. Participants benefit from hands-on opportunities, whether through internships or by launching their own business ventures. Additionally, working in a retail store context provides practical skills in both business operations and customer service.

Through these efforts, The Center For Entrepreneurial Studies not only enhances individual capabilities but also strengthens the community's overall workforce, inspiring a future generation of innovators and entrepreneurs.




This information is meant to be a general summary of The Center For Entrepreneurial Studies. 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
$233,499 (2023)
Expenses
$191,054 (2023)
Efficiency

Other financial information:

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

  • Gross Receipts: $310,168

Assets and Liabilities:

  • Total Assets: $117,215
  • Total Liabilities: $223,276
  • Net Assets: -$106,061

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Organization Details

Founding Year

2018

Principal Officer

Bonita Tompkins

NTEE Category

Code: B80 - Education

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