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Nykbi Inc

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

EIN: 843183960 ✦ New york, NY ✦ Designated as a 501(c)(3)

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Overview

What is Nykbi Inc?

Nykbi Inc, based in New York City, has been actively engaged in nurturing young talents for the past 18 years. Through their 'Next Generation Trade School', they've been supporting the next generation of business leaders, primarily overseas. This year, they've expanded their reach by introducing the 'OKTA Program' at domestic universities and launching the '300 Youth Overseas Employment' campaign. Their mission is to empower young individuals and women, particularly those lacking business information, knowledge, and experience, by offering consultation and programs, ultimately facilitating the smooth start-up of various businesses.

Is Nykbi Inc legitimate?

Nykbi Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Nykbi 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: $0

For more financial information, click here

What is the mission statement of Nykbi Inc?

Nykbi Inc's mission is to support the next generation of young entrepreneurs, primarily women, who lack necessary business information, knowledge, and experience. The organization offers consultation and programs to help these individuals establish various businesses smoothly. For the past 18 years, they have been nurturing 20,000 potential business personnel through their 'Next Generation Trade School'. In an effort to expand their reach, they are introducing the 'OKTA Program' at domestic universities and launching the '300 Youth Overseas Employment' campaign to enhance practical start-ups, employment opportunities, and global job creation.

Who is the CEO of Nykbi Inc?

Dae Soo Hong is the President of Nykbi Inc.

What is the revenue of Nykbi Inc?

Nykbi Inc's revenue in 2021 was $227,712.

Who are the executives of Nykbi Inc and what are their salaries?

There 2 volunteers at Nykbi Inc.


Here are 3 key members and their salaries:


Dae Soo Hong (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mee Hyun Kim (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Wonseok (Kim)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Nykbi Inc?

Nykbi Inc's most recent form 990 was submitted in 2021 and can be accessed here.

Mission Statement of Nykbi Inc

Nykbi Inc, a nonprofit organization, is dedicated to supporting the next generation of youths and women who lack information, knowledge, and experience in new business management. Their mission is to provide these individuals with consultation and programs, enabling them to effortlessly establish various businesses without encountering significant challenges. By doing so, Nykbi Inc aims to foster a new wave of future entrepreneurs, bolster employment opportunities, and stimulate global job creation.

In pursuit of this mission, Nykbi Inc has been actively engaged for the past 18 years, hosting the 'Next Generation Trade School' for overseas young talents. This program has nurtured over 20,000 trade manpower, equipping them with the necessary skills and knowledge to navigate the world of business. Moreover, this year, Nykbi Inc has expanded its reach by launching the 'OKTA Program' at domestic universities and initiating the '300 Youth Overseas Employment' campaign. These initiatives are designed to reinforce practical start-ups, employment, and global job creation, further cementing Nykbi Inc's commitment to empowering the next generation of entrepreneurs.

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Impact




October, 2024

Nykbi Inc significantly impacts the landscape of business management education and empowerment for youth and women. By providing targeted consultation and programs, the organization equips individuals who lack knowledge and experience in entrepreneurship with the essential tools to successfully launch their businesses.

The initiative encompasses the 'Next Generation Trade School,' which has cultivated a skilled workforce of 20,000 over 18 years, fostering young talents poised to become future business leaders. This year, Nykbi is further enhancing opportunities by introducing the 'OKTA Program' at domestic universities and the '300 Youth Overseas Employment' campaign. These efforts not only promote practical start-ups but also aim to generate global job opportunities, thereby strengthening the overall employment landscape.

Through these programs, Nykbi Inc not only empowers individuals with the competencies needed for the modern business environment but also contributes to a broader economic growth narrative by fostering entrepreneurship and enhancing the employability of the next generation.




This information is meant to be a general summary of Nykbi 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
$227,712 (2021)
Expenses
$227,531 (2021)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2021.

  • Gross Receipts: $227,712

Assets and Liabilities:

  • Total Assets: $57,865
  • Total Liabilities: $0
  • Net Assets: $57,865

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Organization Details

Founding Year

2019

Principal Officer

Dae Soo Hong

Main Address

149 W 24th Street, New York, NY, 10011

NTEE Category

Code: O53 - Youth development

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