Y Entrepreneurial Society Inc
EIN: 61582678 · New Haven, CT · NTEE: B90
| Metric | Value |
|---|---|
| Total Revenue | $17K |
| Total Expenses | $21K |
| Net Assets | $21 |
Is Y Entrepreneurial Society Inc Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Y Entrepreneurial Society Inc
Y Entrepreneurial Society Inc (EIN: 61582678) is a nonprofit organization based in New Haven, CT, classified under NTEE code B90. The organization reported total revenue of $17K and total assets of $15K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Y Entrepreneurial Society Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Y Entrepreneurial Society Inc is a micro nonprofit that has been operating for 6 years, with 7 years of IRS 990 filings on record (2012–2024). Revenue has grown at a compound annual rate of -10.6%.
Key Financial Metrics (2024)
From the most recent IRS 990 filing on record:
| Total Revenue | $13K |
| Total Expenses | $21K |
| Surplus / Deficit | $-8,041 |
| Total Assets | $22 |
| Total Liabilities | $1 |
| Net Assets | $21 |
| Operating Margin | -60.9% |
| Debt-to-Asset Ratio | 4.5% |
| Months of Reserves | 0.0 months |
Financial Health Grade: C
In 2024, Y Entrepreneurial Society Inc reported a deficit of $8K with expenses exceeding revenue, holds 0.0 months of operating reserves (limited), has a debt-to-asset ratio of 4.5% (very low leverage).
Financial Trends
Over 7 years of filings (2012–2024), Y Entrepreneurial Society Inc's revenue has declined at a compound annual growth rate (CAGR) of -10.6%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2024 | -31.7% | +15.9% | -99.7% |
| 2023 | +60.4% | +127.2% | +14.4% |
| 2022 | +132.3% | +94.5% | +130.7% |
| 2021 | -78.4% | -84.0% | +260.0% |
| 2014 | -38.6% | -50.7% | -69.2% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2000 |
| IRS Ruling Date | 2020 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Y Entrepreneurial Society Inc has not yet been completed. Basic IRS 990 data is shown below. Check back later for a full transparency report including a Mission Score, spending breakdown, executive compensation analysis, and red flags assessment.
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Y Entrepreneurial Society Inc with a Mission Score of 0 out of 100 (Very Poor). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Key Financial Metrics (2024)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $8K, with expenses exceeding revenue.
- Debt-to-asset ratio: 4.5%.
Frequently Asked Questions about Y Entrepreneurial Society Inc
Is Y Entrepreneurial Society Inc a legitimate charity?
Y Entrepreneurial Society Inc (EIN: 61582678) is a registered tax-exempt nonprofit based in Connecticut. It has 7 years of IRS 990 filings on record. Total revenue: $17K. No red flags identified. Financial health grade: C.
How does Y Entrepreneurial Society Inc spend its money?
Y Entrepreneurial Society Inc reported $17K in total revenue in IRS 990 filings. 7 years of filing data available. Expenses exceeded revenue in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Y Entrepreneurial Society Inc tax-deductible?
Y Entrepreneurial Society Inc is registered as a tax-exempt nonprofit (EIN: 61582678). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Y Entrepreneurial Society Inc located?
Y Entrepreneurial Society Inc is headquartered in New Haven, Connecticut and files with the IRS under EIN 61582678. It is classified under NTEE code B90.
How many years of IRS 990 filings does Y Entrepreneurial Society Inc have?
Y Entrepreneurial Society Inc has 7 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends. The most recent filing shows $17K in total revenue.
Filing History
IRS 990 filing history for Y Entrepreneurial Society Inc showing financial trends over 7 years of public records:
Over 7 years of IRS 990 filings (2012–2024), Y Entrepreneurial Society Inc's revenue has declined by 73.8%, moving from $50K to $13K. Total assets decreased by 99.9% over the same period, from $16K to $22. Total functional expenses fell by 45%, from $39K to $21K. In its most recent filing year (2024), Y Entrepreneurial Society Inc reported a deficit of $8K, with expenses exceeding revenue. The organization holds $1 in liabilities against $22 in assets (debt-to-asset ratio: 4.5%), resulting in net assets of $21.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2024 | $13K | $21K | $22 | $1 | — | — |
| 2023 | $19K | $18K | $8K | $1 | — | — |
| 2022 | $12K | $8K | $7K | $1 | — | — |
| 2021 | $5K | $4K | $3K | $1 | — | — |
| 2014 | $24K | $26K | $849 | $0 | — | View 990 |
| 2013 | $39K | $53K | $3K | $0 | — | View 990 |
| 2012 | $50K | $39K | $16K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2024: Revenue of $13K, expenses of $21K, and assets of $22 (revenue -31.7% year-over-year).
- 2023: Revenue of $19K, expenses of $18K, and assets of $8K (revenue +60.4% year-over-year).
- 2022: Revenue of $12K, expenses of $8K, and assets of $7K (revenue +132.3% year-over-year).
- 2021: Revenue of $5K, expenses of $4K, and assets of $3K (revenue -78.4% year-over-year).
- 2014: Revenue of $24K, expenses of $26K, and assets of $849 (revenue -38.6% year-over-year).
- 2013: Revenue of $39K, expenses of $53K, and assets of $3K (revenue -22.5% year-over-year).
- 2012: Revenue of $50K, expenses of $39K, and assets of $16K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Y Entrepreneurial Society Inc:
Data Sources and Methodology
This transparency report for Y Entrepreneurial Society Inc is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.
IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.
Disclaimer
AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.