2022-11-15T15:11:27-06:00 2021-12-31 FORVIS LLP 1551 N WATERFRONT PKWY STE 300 WICHITA KS 672066601 990 2021-01-01 481187886 YOUTH ENTREPRENEURS INC % TRACEY ANDRIST YOUT 3168283938 4111 E 37TH ST N Suite D101 WICHITA KS 67220 TRACEY ANDRIST ASSISTANT TREASURER 3168283938 2022-11-15 true Tracey Andrist 999009999 SHAWNELL LINOT P01663908 3162652811 2 2021 2022-09-23 18:48:47Z EMPOWERED KYLIE STUPKA 4111 E 37TH ST N D101 WICHITA KS 67220 6554803 false X WWW.TEACHEMPOWERED.ORG X 1996 KS EMPOWERED IS A COMMUNITY OF TEACHERS RALLIED AROUND A GROWTH MINDSET, DEDICATED TO THEIR CLASSROOMS, SEE SCHEDULE O FOR CONTINUATION. 5 4 42 5 0 3944464 6228221 9074 8625 -8841 8254 0 48007 3944697 6293107 181040 0 0 0 2615881 3813013 13500 0 609522 1887034 4558475 4697455 8371488 -752758 -2078381 9530454 8370922 371704 1290553 9158750 7080369 X TO (I) EDUCATE YOUNG PEOPLE AND ADULTS WITH RESPECT TO ENTREPRENEURSHIP AND BUSINESS GENERALLY; AND (II) ENCOURAGE THE PRACTICE OF ENTREPRENEURSHIP BY YOUNG PEOPLE AND ADULTS. SEE SCHEDULE O FOR CONTINUATION. false false 6934367 0 8625 Following many months of diligent work and planning, the organization launched as Empowered in March 2021. The staff underwent internal training to build confidence and knowledge around the new branding and connecting it to our history as Youth Entrepreneurs. The vision of Empowered is to build a community of teachers rallied around a growth mindset who dedicate their careers to modeling that mindset and building their classrooms to ensure students can discover, develop, and apply their innate abilities, fostering support for individualized approaches to education. 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BASED ON THEIR REVIEW, MANAGEMENT HAS NOT IDENTIFIED ANY MATERIAL UNCERTAIN TAX POSITIONS TO BE RECORDED OR DISCLOSED IN THE FINANCIAL STATEMENTS. X X X true false false false false false false true false TRACEY ANDRIST ASSISTANT TREASURER 167812 0 30000 0 1476 0 9923 0 6525 0 215736 0 0 0 KYLIE STUPKA PRESIDENT 174593 0 110000 0 5476 0 10442 0 20298 0 320809 0 0 0 SANDY MAREK EXEC. DIR., STRATEGIC PTNRSHPS 164472 0 0 0 33745 0 10301 0 19782 0 228300 0 0 0 LINDSAY SCHROEDER CHIEF OPERATING OFFICER 120193 0 30000 0 2481 0 6200 0 20369 0 179243 0 0 0 ASHLEY HO VP, RESEARCH AND MARKETING 110593 0 25000 0 7281 0 7240 0 20369 0 170483 0 0 0 SCHEDULE J, PART I, LINE 4A SANDY MAREK - $30,000 SCHEDULE J, PART I, LINE 7 INCENTIVE COMPENSATION IS BASED ON THE INDIVIDUAL'S CONTRIBUTION TO THE ORGANIZATION. IT IS NOT BASED ON THE FINANCIAL RESULTS OF THE ORGANIZATION NOR ON A FIXED FORMULA. TOTAL COMPENSATION IS REVIEWED TO ENSURE IT IS IN LINE WITH FAIR MARKET VALUES. X 1 254196 AVERAGE OF HIGH/LOW false false false SCH M, PART I, COLUMN B THE AMOUNTS LISTED IN COLUMN B ARE THE NUMBER OF CONTRIBUTIONS. FORM 990, PART I, LINE 1 careers, and communities, and committed to providing immersive learning experiences where students can discover, develop, and apply their innate abilities. Empowered offers any change-making teacher - regardless of grade, subject, class, or setting - an encouraging community, a way of teaching and activities that bring learning to life, virtual, on-demand, and in-person professional development, and support from our staff. Our non-profit organization's long term goal is to instill a growth mindset as a vehicle for societal change. To do so, we will emboldened teachers by providing the trust and tools they need for long, fulfilling, careers. They, in turn, will offer their students a better learning experience that arms them with the life skills and perspective they need to create and seize the opportunities in their lives. FORM 990, PART III, LINE 1 Empowering teachers with a growth mindset in their classrooms, careers, and communities. Empowered, as a community, is transforming education from within to better-serve all students, helping more young people discover what they're good at and developing their skills and values, including through failure, in a low-risk environment. The intent is for students to be ready to deploy their unique gifts as they enter society - creating more ventures, more opportunities, and more value for them and contributions to our shared society. FORM 990, PART III, LINE 4A We shared the news with our educator community as well and began planning our summer conferences. To further align with our vision of being a teacher-centered organization, we launched a teacher lifestyle magazine. The Empowered Teacher magazine brings stories, inspiration, and our method of teaching to teachers across the country in print and digital versions. In the summer, Empowered brought together our teacher communities for professional development events. Our community of 150+ of our most highly engaged educators joined us in Nashville, Tenn. for Empowered Rise - a 3-day, in-person event focused on sharing knowledge and seeking feedback on our new brand and instructional strategy. Following that event, we hosted a virtual conference with over 200 attendees joining from across the country. This event was designed with a "by teachers, for teachers" mentality, resulting in a keynote and 15+ sessions of teacher presenters sharing on a range of topics, including how they leverage Empowered in their classrooms, project-based learning, and more. Additionally in 2021, we launched a new marketing website and digital training and curricular sites. Throughout 2021, we continued to evolve and enhance our digital offerings, culminating with the launch in April 2022 of Empowered Hub. Empowered Hub is an online resource and mobile application that provides teachers with access to our curricular resources, professional development opportunities, and a like-minded community of teachers. FORM 990, PART VI, SECTION A, LINE 2 CERTAIN OFFICERS AND DIRECTORS HAVE A BUSINESS RELATIONSHIP. FORM 990, PART VI, SECTION A, LINE 6 EMPOWERED IS A MEMBER CORPORATION. MEMBERS HAVE SUCH RIGHTS AND ARE ENTITLED TO VOTE ON MATTERS AS PROVIDED FOR IN THE BYLAWS. VOTE ON MATTERS AS PROVIDED FOR IN THE BYLAWS. FORM 990, PART VI, SECTION A, LINE 7A THE MEMBERS, REFERRED TO IN PART VI, SECTION A, LINE 6, HAVE THE AUTHORITY TO ELECT THE BOARD OF DIRECTORS. FORM 990, PART VI, SECTION A, LINE 7B APPROVAL BY THE MEMBERS IS REQUIRED TO: ELECT AND REMOVE DIRECTORS, AMEND THE ORGANIZATION'S GOVERNING DOCUMENTS, AND TO ENGAGE IN ANY SIGNIFICANT TRANSACTION AS FURTHER DESCRIBED IN THE ORGANIZATION'S GOVERNING DOCUMENTS. FORM 990, PART VI, SECTION B, LINE 11B AN INDEPENDENT ACCOUNTING FIRM PREPARED AND REVIEWED THE FORM 990. A FULL DRAFT OF THE 990 ALONG WITH ALL REQUIRED SCHEDULES IS THEN PROVIDED TO INTERNAL MANAGEMENT AND LEGAL COUNSEL FOR REVIEW. ALL QUESTIONS ARE ADDRESSED AND ANY MODIFICATIONS ARE MADE, IF NECESSARY. FORM 990, PART VI, SECTION B, LINE 12C A COPY OF EMPOWERED INC.'S POLICY ON CONFLICT OF INTEREST IS GIVEN TO ALL DIRECTORS AND OFFICERS AT THE BEGINNING OF THEIR TERM OF SERVICE. EACH PERSON IS MADE AWARE AND ACKNOWLEDGES THEIR UNDERSTANDING OF AND ADHERENCE TO THE POLICY AND EACH PERSON IS REQUIRED TO DISCLOSE TO THE BOARD VARIOUS POTENTIAL CONFLICTS OF INTEREST AS SET FORTH IN THE CONFLICT OF INTEREST POLICY. IF THE BOARD OF DIRECTORS DETERMINES THAT A CONFLICT OF INTEREST EXISTS, IT WILL CONSULT WITH EMPOWERED'S LEGAL COUNSEL TO DETERMINE HOW TO BEST RESOLVE THE CONFLICT OF INTEREST. EMPOWERED MAY REQUIRE A BOARD MEMBER WHO HAS A FINANCIAL INTEREST IN ANY TRANSACTION OR ARRANGEMENT TO WITHDRAW FROM VOTING ON THE MATTER. FORM 990, PART VI, SECTION B, LINES 15A & 15B THE COMPENSATION COMMITTEE, WHICH IS COMPRISED OF INDEPENDENT VOTING MEMBERS, PERFORMED A COMPENSATION REVIEW IN 2021 FOR THE PRESIDENT POSITION. AS DEEMED NECESSARY, AN INDEPENDENT CONSULTANT IS USED TO PROVIDE A MARKET STUDY REPORT TO GAUGE WHERE THE MEDIAN SALARY IS FOR THE MARKET IN KANSAS AND OTHER RELEVANT GEOGRAPHIES AS APPROPRIATE. THEY MAY ALSO OBTAIN RESEARCH DATA ON COMPARABLE POSITIONS WITHIN THE NON-PROFIT SECTOR IN KANSAS AND OTHER RELEVANT GEOGRAPHIES AS APPROPRIATE, USING 990 PUBLISHED DATA. THE COMPENSATION COMMITTEE USES THE DATA TO DETERMINE THE PROPER COMPENSATION AMOUNT FOR THE UPCOMING YEAR. FORM 990, PART VI, SECTION C, LINE 19 THE DOCUMENTS REFERRED TO IN PART VI, SECTION C, LINE 19 ARE MADE AVAILABLE IN ACCORDANCE WITH IRS RULES. FORM 990 PART IX LINE 11G DESCRIPTION:PROFESSIONAL FEES TOTAL FEES:1235975 FORM 990 PART IX LINE 11G DESCRIPTION:TEACHER STIPENDS TOTAL FEES:757232 FORM 990 PART IX LINE 11G DESCRIPTION:SPEAKERS' FEES TOTAL FEES:70250 BELIEVE IN PEOPLE INC PO BOX 5004 WICHITA KS 67201 473175931 GRANT MAKING DE 501(C)(4) STFEL true CAPITOL LEADERS INSTITUTE 2200 WILSON BLVD STE 102-533 ARLINGTON VA 22201 473438079 PUBLIC ED DE 501(C)(3) 7 EMP true false false false false false false false false false false false false false false false false false false false SCHEDULE R, PART II, LINE 1 THE LEGAL NAME OF THE SEMINAR NETWORK, INC. CHANGED TO BELIEVE IN PEOPLE, INC. PRIOR TO THE FILING OF THE 2021 RETURN.