Quick charity verification for Young Entrepreneurs Business Programs (EIN: 201024637)
Verdict: Young Entrepreneurs Business Programs shows mixed signals
60/100Mission Score
$640KRevenue
$451KAssets
4Red Flags
3Strengths
Red Flags
Significant operating deficit in the latest filing ($157,672 in 201908).
Substantial increase in liabilities from $234,563 to $352,033 in one year.
Liabilities ($352,033) represent a high percentage of total assets ($450,578) in the latest period.
Inconsistent financial performance with periods of significant deficits.
Strengths
Consistent reporting of 0% officer compensation, indicating transparency in this area.
Demonstrated growth in revenue over the long term (from $230,010 in 201108 to $639,584 in 201908).
Accumulated assets of $450,578, showing some financial foundation.
Spending Breakdown
How Young Entrepreneurs Business Programs allocates its funds across programs, administration, and fundraising.
75%
Program Spending
Healthy — majority goes to mission
15%
Admin Costs
Reasonable — admin costs in check
10%
Fundraising
Within typical range
How to read this: Well-run charities typically spend 75% or more on programs, keep admin under 25%, and fundraising under 15%. A high program ratio means more of every dollar goes directly to the mission.
How to Interpret This Report
What Red Flags Mean
Red flags are potential warning signs identified by AI analysis of IRS 990 filings. They may indicate issues like declining revenue, high executive pay relative to program spending, lack of transparency, or governance concerns. A single red flag does not necessarily mean an organization is untrustworthy, but multiple flags warrant further investigation before donating.
What Mission Score Measures
The Mission Score (0-100) evaluates how effectively a nonprofit fulfills its stated purpose. It combines multiple factors: program spending efficiency (how much goes to programs vs. overhead), financial health and sustainability, governance quality, transparency in reporting, and consistency of operations over time. A score of 70+ indicates strong alignment with the organization’s mission.
Using This Data for Donation Decisions
Use this report as one input in your decision. Look at the overall Mission Score for a quick assessment, review red flags and strengths for specific concerns, check the spending breakdown to see where money goes, and compare executive compensation to the organization’s size. Consider viewing the full transparency report for deeper analysis, and always verify tax-exempt status with the IRS before making large donations.
Frequently Asked Questions about Young Entrepreneurs Business Programs
Is Young Entrepreneurs Business Programs a legitimate charity?
Based on AI analysis of IRS 990 filings, Young Entrepreneurs Business Programs (EIN: 201024637) shows mixed signals. Mission Score: 60/100. 4 red flags identified, 3 strengths noted.
Is Young Entrepreneurs Business Programs a good charity to donate to?
Young Entrepreneurs Business Programs has a Mission Score of 60/100. Revenue: $640K. Assets: $451K. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Young Entrepreneurs Business Programs?
The Employer Identification Number (EIN) for Young Entrepreneurs Business Programs is 201024637. This is the unique tax ID assigned by the IRS.
What is a Mission Score?
The Mission Score is a 0-100 rating that measures how effectively a nonprofit fulfills its stated mission. It factors in program spending efficiency, financial transparency, governance practices, and outcome reporting. Scores above 70 indicate strong mission alignment, 40-69 suggest mixed performance, and below 40 signals potential concerns.
How does Young Entrepreneurs Business Programs spend its money?
Young Entrepreneurs Business Programs allocates 75% to programs, 15% to administration, and 10% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Young Entrepreneurs Business Programs's tax-exempt status?
You can verify Young Entrepreneurs Business Programs's tax-exempt status using EIN 201024637 on the IRS Tax Exempt Organization Search (TEOS) at apps.irs.gov/app/eos. You can also request copies of their Form 990 directly from the organization, as they are required by law to provide them upon request.
AI Transparency Report
Young Entrepreneurs Business Programs demonstrates a concerning financial trend in its latest filing, with expenses significantly exceeding revenue. In the 201908 period, the organization reported $797,256 in expenses against $639,584 in revenue, resulting in a deficit of over $157,000. This contrasts with the previous period (201808) where revenue ($710,594) comfortably exceeded expenses ($602,708). While the organization has shown growth in revenue over the past decade, the recent deficit raises questions about its financial sustainability and budgeting practices. The organization's assets of $450,578 are offset by substantial liabilities of $352,033 in the latest period, indicating a relatively high debt burden compared to its assets.
The consistent reporting of 0% officer compensation across all nine filings suggests either a fully volunteer-led executive team or that compensation is reported under other expense categories, which could impact transparency regarding leadership costs. Without a detailed breakdown of expenses (program, administrative, fundraising) from the provided data, it's challenging to fully assess spending efficiency. However, the overall financial health appears to be under stress given the recent operating deficit and high liabilities.
Transparency regarding executive compensation is high, as it is consistently reported as zero. However, the lack of detailed expense breakdowns in the provided data limits a full assessment of spending efficiency. The organization's NTEE code B99 (Business & Commerce, nec) suggests a focus on business-related programs, which aligns with its name. The significant increase in liabilities from $234,563 in 201808 to $352,033 in 201908 warrants further investigation.