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THE YOUNG ENTREPRENEURS ACADEMY INC

PITTSFORD, NY · EIN 300513715 · Form 990 · FY2023 · NTEE O53 · Youth Development · Small ($100K-$1M)
revenue
$250K
expenses
$270K
net assets
$-6K
employees
1
volunteers
6,200
program ratio
76%
mission · from form 990

TO OPERATE A GROUNDBREAKING PROGRAM THAT TAKES STUDENTS IN GRADES SIX THROUGH TWELVE THROUGH THE PROCESS OF STARTING AND RUNNING A REAL BUSINESS OVER THE COURSE OF A FULL ACADEMIC YEAR.

profile · synthesized from sources

The Young Entrepreneurs Academy Inc. runs a program that guides students in grades six through twelve through the process of launching and managing a real business over an academic year. The organization focuses on youth development by fostering entrepreneurial skills and real-world business experience. Based in Pittsford, NY, it supports middle and high school students in building ventures from concept to operation.

named programs · 1 · from sources

What they call their work

Young Entrepreneurs Academy (YEA!)
A year-long program that teaches middle and high school students how to develop business ideas, write business plans, secure funding, and launch real companies.
activities · 1 group

What they do

  • Youth Entrepreneurship & Financial Literacy Education 1 activity
    • Guides middle and high school students through launching and operating real businesses
      Operates a program that supports students in grades 6 through 12 in starting and managing actual businesses over the course of an academic year, providing hands-on entrepreneurial experience.
financials · form 990 · fy2023
revenue
Total revenue$250K
Contributions & grants$73K29%
Program service revenue$177K71%
Investment income$00%
Other revenue$0
expenses
Total expenses$270K
Program expenses76%
Admin / overhead19%
Fundraising5%
Salaries & benefits$88K
Grants paid out$0
Largest expense lineCompensation
balance sheet
Total assets$66K
Cash$66K
Investments$0
Liabilities$72K
Net assets$-6K
Liquid reserves2.9 mo
5 years on record · 2019–2023 · YoY revenue +23.7%
leadership · form 990 part vii · fy2023

Who runs it

board members · 4
  • GAYLE JAGEL — PRESIDENT & CEO
  • JACK BARON — CHAIR
  • KEVIN HALPIN — SECRETARY
  • TROY MCLELLAN — DIRECTORCHAIR
strategies · 1

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.

  • Experiential Learning Through Real Business Creation
    methodology: experiential_learning
    By guiding students through the process of starting and running a real business, the organization produces entrepreneurial skills and real-world experience in youth because direct, hands-on engagement deepens learning and builds practical competence more effectively than theoretical instruction alone.