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ECONOMIC VENTURES INC
NEW YORK, NY · EIN 900607567 · Form 990 · FY2025 · NTEE B28 · Education · Micro (<$100K) · econventures.org
revenue
$15K
expenses
$12K
net assets
$-116K
employees
0
program ratio
62%
mission · from form 990

TO PROVIDE A FUNDAMENTAL FOUNDATION IN THE BASIC PRINCIPLES OF ECONOMICS AND ENTRPRENEURSHIP THROUGH EDUCATIONAL PROGRAMS DEVELOPED FOR YOUTH, TEACHERS AND EARLY STAGE ENTRPRENEURS.

profile · synthesized from sources

Economic Ventures Inc. delivers experiential education programs in entrepreneurship and financial literacy for youth, teachers, and early-stage entrepreneurs. Its flagship program, EntrePrep℠, uses a "Business-for-a-Day™" model where students create and operate real businesses in a simulated environment. The organization operates primarily in New York City, with program adaptations available for middle school, high school, and college-bound students.

named programs · 2 · from sources

What they call their work

EntrePrep℠
Immersive entrepreneurship program where students conceive, launch, and operate a Business-for-a-Day™, learning business strategy, operations, promotion, and financial planning through experiential exercises.
Financial Literacy for Students
Experiential program teaching financial literacy to select NYC students through field trips, guest speakers, and interactive learning focused on budgeting, compound interest, and financial decision-making.
activities · 2 groups

What they do

  • Youth Entrepreneurship & Financial Literacy Education 2 activities
    • Delivers experiential entrepreneurship education programs for youth
      Operates a week-long program in which high school students develop, launch, and run a Business-for-a-Day™, including instruction in business planning, revenue modeling, operations, and promotion. Includes public presentations and post-mortem evaluations of student projects.
    • Offers economics and entrepreneurship education to youth, teachers, and early-stage entrepreneurs
      Provides educational programs in economics and entrepreneurship to multiple audiences, including youth, teachers, and early-stage entrepreneurs, with a focus on experiential learning and practical skill development.
  • Financial Literacy Education Programs 1 activity
    • Provides financial literacy education programs for youth in New York City
      Offers financial literacy programs for youth that combine online and outdoor learning experiences; includes a pilot program for college-bound students featuring field trips and guest speakers from financial literacy fields.
financials · form 990 · fy2025
revenue
Total revenue$15K
Contributions & grants$15K100%
Program service revenue$00%
Investment income$00%
Other revenue$0
expenses
Total expenses$12K
Program expenses62%
Admin / overhead38%
Fundraising0%
Salaries & benefits$0
Grants paid out$0
Largest expense lineFacilities
balance sheet
Total assets$4K
Cash$4K
Investments$0
Liabilities$121K
Net assets$-116K
Liquid reserves4.3 mo
6 years on record · 2020–2025 · YoY revenue +268.2%
leadership · form 990 part vii · fy2025

Who runs it

board members · 2
  • JAMES P O'NEILL — DIRECTOR
  • NANCY A MAY — BOARD CHAIR
relationships · 5

Who they work with

  • Carrie J. McIndoe Partner — Financial literacy instructor and point of contact for program inquiries.
  • Federal Reserve Partner — Hosts educational tours for students as part of the financial literacy program.
  • M. L. Graeme Campbell Partner — Financial literacy instructor and program leader with MBA and CFP credentials.
  • Museum of American Finance Partner — Hosts field trips for students in the financial literacy program.
  • University of Delaware Partner — Hosts the EntrePrep Summer Institute program.
strategies · 4

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.

  • Blended Learning Model Combining Online and Experiential Methods
    methodology: blended-online-and-experiential-learning
    By combining online instruction with outdoor, experiential learning in urban settings, we enhance financial literacy because diverse modalities meet learners where they are and reinforce concepts through real-world application.
  • Entrepreneurial Mindset Development via Personal Relevance
    methodology: entrepreneurial_mindset_development
    By connecting entrepreneurship education to students' personal interests and skills, we foster an entrepreneurial mindset because relevance and self-connection increase engagement, ownership, and long-term behavioral change.
  • Experiential Learning Through Business Simulation
    methodology: experiential_learning
    By engaging participants in a simulated, full-cycle business creation experience, we teach financial and economic literacy because hands-on, immersive learning leads to deeper understanding and retention of entrepreneurial and financial concepts.
  • Financial Acumen Through Awareness and Dialogue
    methodology: financial-acumen-through-awareness
    By increasing teens' awareness and comfort in discussing money, we build financial acumen because open dialogue reduces stigma and improves judgment, leading to better financial decision-making.