Youth Entrepreneurs Inc

Nonprofit profile at a glance

EIN
481187886
IRS 990 coverage
2009–2024
Forms available
Form 990 2024
Location
Wichita, KS, USA
Phone
3168283938
Rating
83
Verdict
STRONG
Rating confidence
Standard
Sector
Educational Services and Schools - Other

Official website

Reported finances

Revenue
$7,290,636
Expenses
$7,101,679
Assets
$3,384,769
Liabilities
$1,699,565

Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.

Leadership & pay

14 people listed

Executive titles in this filing

  • Kylie Stupka (Director/President)
  • Lindsay Schroeder (Chief Executive Officer)

Highest reported compensation

  • Lindsay Schroeder (Chief Executive Officer): $276,286 total reported compensation
  • Tracey Andrist (Assistant Treasurer): $259,366 total reported compensation
  • Katherine Archibald (Chief Product Officer): $248,542 total reported compensation

Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

To (i) educate young people and adults with respect to entrepreneurship and business generally; and (ii) encourage the practice of entrepreneurship by young people and adults. Empowered is collaborating with educators to transform education to better serve students- one classroom (continued on schedule o)

What it reported doing in 2024

Growth: Our educator community grew to include 54,000 members by the end of 2024. 15,000 of those educators had accounts on our online curricular and community platform, Empowered Hub, with 24/7/365 access to our digital activity library, AI activity generator, classroom resources, on-demand and virtual professional development and training content, and the ideas, suggestions, and inspiration being shared by our collaborative educator community members. That number included 5,000 educators who newly joined Empowered Hub during the year. During that time, we also gained 3,000 educators who engage with us and our educator community via social media bringing our total to 18,000 social followers. The growth in our educator community means more students, nationally, benefiting from personalized, hands-on educational experiences that help them be prepared for success outside of school. Our community additionally included 20,000 educators who consume our content through other digital means, such as our monthly Teacher e-newsletter. (continued on schedule o)

Operating model

Revenue model
Donor-supported. 98% of the money available for current operations came from contributions and gifts.
Distribution model
Direct operator. The filing allocates 92% of reported program-service expenses outside its grant, affiliate-payment, and member-benefit lines. This expense classification does not rule out separately announced grant awards.

The verdict

STRONG - A large share of available resources goes toward mission work and the filed numbers largely add up. Expenses are high relative to revenue and total assets are small relative to annual expenses; liquid coverage is unknown.

Rating breakdown

  • Financial Efficiency: 82
  • Transparency & Controls: 85
  • Accountability: 90
  • Sustainability: 29
  • Growth: 100

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 78.7%; rating input score 79
  • Program expense ratio: 80.5%; rating input score 80
  • Fundraising efficiency: $19,199.99 raised per $1 spent on fundraising; rating input score 100; 100th percentile among comparable filings

Transparency & Controls

  • Consistency checks: 93.8%; rating input score 94; 20th percentile among comparable filings
  • Pay-setting controls: 3 of 6 controls in place; rating input score 50
    • Compensation committee: Pass
    • Independent consultant: Missing
    • Other Form 990s reviewed: Missing
    • Written employment contract: Missing
    • Compensation survey or study: Pass
    • Board or committee approval: Pass
  • Foreign activity oversight: Limited
  • Grant itemization coverage: 100%; rating input score 100; 72nd percentile among comparable filings
  • Major donor itemization: Yes; rating input score 100
  • Related-party transparency: Limited

Accountability

  • Independent voting board: 83.3%; rating input score 83; 16th percentile among comparable filings
  • Governance controls: 9 of 9 controls in place; rating input score 100
    • Conflict-of-interest policy: Pass
    • Whistleblower policy: Pass
    • Document-retention policy: Pass
    • CEO compensation review process: Pass
    • Other executive compensation review process: Pass
    • Form 990 shared with the board: Pass
    • Board meeting minutes documented: Pass
    • Audit committee oversight: Pass
    • Independent financial-statement audit: Pass

Sustainability

  • Operating margin: 2.6%; rating input score 43; 43rd percentile among comparable filings
  • Total-asset coverage ratio: 0.48; rating input score 16; 16th percentile among comparable filings
  • Liabilities to assets ratio: 0.5; rating input score 21; 21st percentile among comparable filings
  • Officer compensation ratio: 16.6%; rating input score 16; 16th percentile among comparable filings

Growth

  • Program expense growth: 6% per year; rating input score 100; 45th percentile among comparable filings
  • Revenue growth: 7.4% per year; rating input score 100; 57th percentile among comparable filings
  • Asset growth: 6.8% per year; rating input score 100; 44th percentile among comparable filings

Details

  • Where the money goes: 78.7% of revenue deployed · 80.5% of spending went to programs
  • Governance: 5 of 6 board members independent · 9 of 9 filing controls reported
  • Programs: 1 filed program accomplishment · $5.7M in reported program spending
  • Leadership: top reported pay $276K · 14 people listed · 3 of 6 pay-setting controls reported
  • Highest-paid contractors: 3 contractors listed · $551K reported
  • Consistency: 31 of 32 current checks pass · 1 finding to review
  • Schedules: 7 filed schedules · includes major donors, grants, and executive pay
  • Filing history: 12 filing years from 2009 to 2024
  • Contacts: How to reach this organization
  • Money network: 6 filed money-flow records
  • Related organizations: 1 filed related-organization link
  • Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
  • People: Everyone the filings name, and which of them the filings identify by more than a name.

Key Signals

Signals prioritize questions for review. They are not findings of misconduct.

  • Moderate — Sustainability: Operating margin scored 43/100.
  • High — Sustainability: Total-asset coverage ratio scored 16/100.
  • High — Sustainability: Officer compensation ratio scored 16/100.
  • High — Sustainability: Liabilities to assets ratio scored 21/100.
  • Review — Transparency & Controls: Schedule R controlled transactions itemized did not reconcile in the filed values.