irs program accomplishments · form 990 part iii · fy2024
What they reported doing
- #1 primary $338KYES also host HBCU student athletes to participate in a basketball tournament in st thomas every december.
named programs · 4 · from sources
What they call their work
Regional Business Plan Challenge
Local entrepreneurship competition for high schools, such as the Newark, NJ program involving up to ten schools competing for top business plan honors.
YES HBCU Football Classic
College football event in the Caribbean featuring HBCU teams, first held on St. Croix in 2025, designed to promote youth economic development.
YES National Business Plan Challenge
A national entrepreneurship competition bringing winning student teams from across the U.S. and U.S. Virgin Islands to present business plans and compete for prizes, including a $1,000 award per team member.
YES US Virgin Islands HBCU Basketball Classic
Annual NCAA Division 2 HBCU basketball tournament held in the U.S. Virgin Islands, combining athletic competition with youth entrepreneurship engagement.
activities · 3 groups
What they do
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Youth Entrepreneurship & Financial Literacy Education 1 activity
- Hosts national and regional business plan challenges for middle and high school studentsOrganizes the YES National Business Plan Challenge and regional competitions, including events in Nassau, Bahamas, and Newark, New Jersey, engaging over 4,000 students. The program includes team presentations, judging, awards, and entrepreneurship training, with winners receiving a $1,000 grand prize per team member.
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Community Capacity Building & Leadership Networks 1 activity
- Partners with local organizations on community development initiativesCollaborates with entities such as the Virgin Islands Lottery to implement community projects in the US Virgin Islands.
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Uncategorized 1 activity
- Hosts annual sports events for HBCU student athletes in the US Virgin IslandsOrganizes the annual YES US Virgin Islands HBCU Basketball Classic featuring eight HBCU schools in NCAA Division 2 games, and hosted the first college football game in the Caribbean on St. Croix on November 15, 2025.
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financials · form 990 · fy2024
revenue
Total revenue$388K
Contributions & grants$314K81%
Program service revenue$75K19%
Investment income$00%
Other revenue$0
expenses
Total expenses$364K
Program expenses100%
Admin / overhead100%
Fundraising100%
Salaries & benefits$0
Grants paid out$0
Largest expense lineFacilities
balance sheet
Total assets$3K
Cash$-21K
Investments$0
Liabilities$0
Net assets$3K
Liquid reserves-0.7 mo
2 years on record · 2023–2024 · YoY revenue +18.6%
relationships · 10
Who they work with
- Boys and Girls Club Milwaukee Partner — Partner organization whose students participated in the YES National Challenge.
- Comerica Bank Partner — Supports the YES National Business Plan Challenge as part of its focus on developing the next generation of entrepreneurs.
- Forbes Magazine Network — Cited the organization's mission to create 10,000 entrepreneurs of color.
- Gilbert Family Foundation Funder — Sponsored a 6-week YES Business Plan Program for youth in Detroit through its Director of Economic Mobility.
- Global Kids Organization Partner — Partner organization collaborating with YES to support youth programs in NYC and Washington, DC
- HBCU Partner — Hosts student athletes from Historically Black Colleges and Universities for an annual basketball tournament.
- US Virgin Islands Department of Tourism Partner — Donates significant funds to support YES programs including the National Program and HBCU Basketball Classic.
- US Virgin Islands Lottery Partner — Strategic sponsor and partner supporting YES programs in St. Thomas and St. Croix, with plans to expand to St. John.
- Virgin Islands Lottery Partner — Strategic partner involved in US Virgin Islands community projects with YES
- West Side High School Partner — Partner school organizing the YES Regional Business Plan Challenge in Newark, New Jersey
strategies · 2
How they approach the work
Named approaches extracted from this org’s sources. Where others share an approach, follow it to see the full set of orgs running it.
- Foundational Entrepreneurship Education for Economic Empowermentmethodology: foundational-entrepreneurship-educationBy teaching foundational entrepreneurship, business, and economic development skills to youth in underserved communities, we enable business creation and local economic growth, because equipping individuals with practical tools and knowledge fosters self-reliance and community-level economic transformation.
- Youth Entrepreneurship Through Competitive Learningmethodology: entrepreneurship-through-competitionBy engaging youth in business plan competitions and challenges, we develop entrepreneurial skills and leadership, because experiential, competitive formats increase motivation, real-world application, and peer learning more effectively than passive instruction.