Overview
What is Young Entrepreneurs Organization Seattle Chapter?
The Young Entrepreneurs Organization Seattle Chapter is a nonprofit organization situated in Seattle, Washington, specifically at 4111 E Madison St 131. Their primary mission is to promote and foster entrepreneurial education within the broader Puget Sound region. This is achieved through various means, such as hosting speakers, organizing conferences, conducting monthly forum meetings, and devising marketing strategies and recruitment methods. The organization's activities are geared towards supporting the educational growth of local entrepreneurs, contributing to the entrepreneurial ecosystem in the area.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 60% (Two-Star out of Four Star Rating)
The Young Entrepreneurs Organization Seattle Chapter has received a score of 60%, indicating a Two-Star rating. This rating is primarily based on its Accountability & Finance metrics, which are crucial for assessing the organization's financial health and transparency. The organization demonstrates strong governance, with an independent board that meets the maximum criteria outlined by Charity Navigator.
Strengths of the organization include a high program expense ratio of 97.96%, suggesting that a significant majority of its expenses are directed towards its programs. Additionally, the organization has solid scores in areas such as document retention and the availability of board meeting minutes, showcasing its commitment to transparency and proper governance practices.
However, the rating is impacted by a low score in the Liabilities to Assets Ratio, which stands at 70.09%. This indicates a potential concern regarding the organization’s financial liabilities relative to its assets, suggesting that it may need to address this aspect more effectively to improve its overall financial stability and rating in the future.
This AI summary has been generated from information found on Charity Navigator.
Is Young Entrepreneurs Organization Seattle Chapter legitimate?
Young Entrepreneurs Organization Seattle Chapter is a legitimate nonprofit organization registered as a 501(c)(3) entity. Young Entrepreneurs Organization Seattle Chapter 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.
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What is the mission statement of Young Entrepreneurs Organization Seattle Chapter?
The Young Entrepreneurs Organization Seattle Chapter's mission is centered around promoting and fostering entrepreneurial education within the broader Puget Sound region. Their primary goal is to provide educational resources to its members, encompassing various platforms such as guest speakers, conferences, monthly forum meetings, marketing strategies, and recruitment tactics.
Who is the CEO of Young Entrepreneurs Organization Seattle Chapter?
Lisa Maclean is the Co-Sap Chair of Young Entrepreneurs Organization Seattle Chapter.
What is the revenue of Young Entrepreneurs Organization Seattle Chapter?
Young Entrepreneurs Organization Seattle Chapter's revenue in 2022 was $687,539.
Who are the executives of Young Entrepreneurs Organization Seattle Chapter and what are their salaries?
Here are 15 key members and their salaries:
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Where can I find the form 990 for Young Entrepreneurs Organization Seattle Chapter?
Young Entrepreneurs Organization Seattle Chapter's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Young Entrepreneurs Organization Seattle Chapter
Young Entrepreneurs Organization Seattle Chapter, often abbreviated as YEO Seattle Chapter, is committed to promoting and fostering entrepreneurial education within the greater Puget Sound region. This nonprofit organization's mission is to serve as a catalyst for the growth and development of aspiring entrepreneurs, providing them with the necessary tools and resources. Through a variety of educational initiatives, YEO Seattle Chapter aims to equip its members with valuable insights, practical knowledge, and strategic skills, enabling them to navigate the complex world of entrepreneurship.
The organization's activities are centered around supporting its members financially and intellectually. This is achieved through a range of educational expenses, which include hosting engaging speakers, organizing conferences, conducting monthly forum meetings, and providing guidance on marketing tactics and recruitment strategies. By offering these resources, YEO Seattle Chapter empowers its members, equipping them with the skills needed to excel in their entrepreneurial endeavors. The ultimate goal is to foster a robust entrepreneurial community in the greater Puget Sound region, where individuals can thrive and contribute to the region's economic growth and innovation.
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Impact
July, 2024
Young Entrepreneurs Organization Seattle Chapter has made a significant impact on the entrepreneurship landscape in the Greater Puget Sound region by providing educational opportunities for aspiring and established entrepreneurs. Through speakers, conferences, monthly forum meetings, and marketing tactics, the organization equips its members with valuable knowledge and skills to succeed in their ventures. By fostering a supportive and educational environment, the Young Entrepreneurs Organization Seattle Chapter empowers entrepreneurs to thrive and contribute to the vibrant entrepreneurial ecosystem of the region.
This information is meant to be a general summary of Young Entrepreneurs Organization Seattle Chapter. 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: $1,844
- Program Service Revenue: $516,363
- Gross Receipts: $687,539
Assets and Liabilities:
- Total Assets: $1,487,695
- Total Liabilities: $1,000,129
- Net Assets: $487,566
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Membership Dues & Assessments
Revenue
$516,363
Organization Details
Phone
(253) 797-6041Principal Officer
Lisa Maclean
Main Address
4111 E MADISON ST 131, SEATTLE, WA, 98112
NTEE Category
Code: B036 - Education
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