2020-01-21T14:33:57-06:00 2019-05-31 BKD LLP 1551 N WATERFRONT PKWY STE 300 WICHITA KS 672066601 990 2018-06-01 481187886 YOUTH ENTREPRENEURS INC % TRACEY ANDRIST YOUT 3168283938 4111 E 37TH ST N Suite D101 WICHITA KS 67220 TRACEY ANDRIST ASSISTANT TREASURER 3168283938 2020-05-15 true SHAWNELL LINOT P01663908 3162652811 167.68.126.162 48010220200215000003 2020-01-21 P 1E18B200E692A862BC78DEF5BEBFB82C16DD5F39 1E18B200E692A862BC78DEF5BEBFB82C16DD5F39 2018 2020-09-23 17:36:50Z YOUTH ENTREPRENEURS KYLIE STUPKA 4111 E 37TH ST N D101 WICHITA KS 67220 10025198 false X WWW.YOUTHENTREPRENEURS.ORG X 1996 KS YOUTH ENTREPRENEURS CULTIVATES AN ENTREPRENEURIAL MINDSET THROUGH ITS EXPERIENTIAL LEARNING MODEL SEE SCHEDULE O FOR CONTINUATION. 7 7 66 155 0 11529404 9800539 180954 31929 691 37663 -30382 -214443 11680667 9655688 43640 80805 0 0 4704579 5219449 0 0 368320 2803146 3141974 7551365 8442228 4129302 1213460 10690203 11966949 235911 299197 10454292 11667752 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 7422225 80805 31929 EFFORTS TO SCALE THE YOUTH ENTREPRENEURS (YE) PROGRAM ACROSS THE U.S. IN THE 2018-2019 SCHOOL YEAR WERE REWARDED, AS A TOTAL OF 19 STATES NOW HAVE FACILITATORS - AN INCREASE OF 90% OVER THE PREVIOUS YEAR! SEE SCHEDULE O FOR CONTINUATION. 7422225 true true false false false false false false false false true false false false false false true false false false false false false false true true false false true true false false false false false false false false true false false false false false false false false true 353 3 true 66 true false false false false false true true true 1 false false true false false false X 7 7 true false false false true true true true true false false true true false true true true true false false CA GA IL KS MI OH X TRACEY ANDRIST 3168283938 4111 E 37TH ST N D101 WICHITA KS 67220 Dale Gibbens Director/Vice Chairman 2.0 0.0 X X 0 0 0 Brennan Brown Director 1.0 0.0 X 0 0 0 Curley Dossman Director 1.0 0.0 X 0 0 0 Philip Ellender Director 1.0 0.0 X 0 0 0 WW Hanna Director 7.0 0.0 X 0 0 0 Annie Koch Director 1.5 0.0 X 0 0 0 ELIZABETH KOCH DIRECTOR/CHAIRWOMAN 9.5 0.0 X X 0 0 0 Robert Heaton Treasurer 1.0 0.0 X 0 0 0 Brian Menkes Secretary 1.0 0.0 X 0 0 0 Martin Kwedar Assistant Secretary 1.0 0.0 X 0 0 0 KYLIE STUPKA PRESIDENT 40.0 0.0 X 273492 0 21817 TRACEY ANDRIST ASSISTANT TREASURER 40.0 0.0 X 189672 0 10346 PHOEBE BACHURA VICE PRESIDENT, STAKEHOLDER RE 40.0 0.0 X 156485 0 19183 HEATHER LOVE VICE PRESIDENT, PROGRAM 40.0 0.0 X 159812 0 18673 SANDY MAREK EXECUTIVE DIRECTOR, STRATEGIC 40.0 0.0 X 163618 0 18164 943079 0 88183 5 false true false FERVOR INC 1705 SUMMIT ST KANSAS CITY MO 64108 PROFESSIONAL FEES 677498 1 1365711 8434828 528701 9800539 OTHER FEE INCOME 611600 3270 3270 _ 0 0 _ 0 0 _ 0 0 _ 0 0 28659 28659 31929 42720 42720 0 0 0 0 0 1325 3000 9382 1325 -6382 -5057 -5057 43885 1365711 332983 -289098 -289098 101800 27145 74655 74655 0 0 0 0 9655688 31929 -176780 0 80805 80805 0 0 814239 639501 174738 0 3487124 2965218 319848 202058 136633 114748 13477 8408 452389 395766 32268 24355 329064 275561 35898 17605 0 0 14825 14825 0 0 0 777967 752153 4999 20815 61664 58538 3126 443026 418126 11476 13424 153753 130671 17221 5861 0 137031 133666 436 2929 995326 966670 16723 11933 0 112102 98773 2742 10587 0 0 356013 319398 1594 35021 39482 33753 3810 1919 MEMBERSHIPS & DUES 17723 14565 1616 1542 BAD DEBT 8756 2010 6746 MISCELLANEOUS COURSE COSTS 22333 22220 113 _ 0 0 0 0 1973 83 12 1878 8442228 7422225 651683 368320 8141723 5696229 0 5042720 1253965 141250 22018 10382 0 0 0 0 0 0 0 0 411520 365858 1763670 1053160 860977 710510 0 0 0 0 0 0 0 0 0 0 10690203 11966949 179481 266857 1600 0 54830 32340 0 0 0 0 0 0 0 0 0 0 0 0 235911 299197 X 8062167 9919878 2392125 1747874 0 0 10454292 11667752 10690203 11966949 1213460 X false true X true false X 2278046 3140304 8074849 11529404 9800539 34823142 0 0 2278046 3140304 8074849 11529404 9800539 34823142 10177900 24645242 1189 787 402 541 42720 45639 0 0 34868781 1469220 0.70680 0.71980 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 1620721 1053160 567561 142949 0 142949 710510 11221095 1466733 360128 1826861 9394234 261454 261454 9655688 10007635 1466733 360128 1826861 8180774 261454 261454 8442228 SCHEDULE D, PART X, LINE 2 MANAGEMENT HAS EVALUATED THEIR INCOME TAX POSITIONS UNDER THE GUIDANCE INCLUDED IN ASC 740. BASED ON THEIR REVIEW, MANAGEMENT HAS NOT IDENTIFIED ANY MATERIAL UNCERTAIN TAX POSITIONS TO BE RECORDED OR DISCLOSED IN THE FINANCIAL STATEMENTS. PART XI, LINE 2D DIRECT FUNDRAISING EXPENSES 332,983 DIRECT GAMING EXPENSES 27,145 ----------- 360,128 PART XI, LINE 4B EXCLUSION OF IN-KIND SERVICE DONATIONS SOLD AT AUCTION 261,454 PART XII, LINE 2D DIRECT FUNDRAISING EXPENSES 332,983 DIRECT GAMING EXPENSES 27,145 ----------- 360,128 PART XII, LINE 4B EXCLUSION OF IN-KIND SERVICE DONATIONS SOLD AT AUCTION 261,454 BIZ BANG 1409596 1365711 43885 110406 77207 22600 122770 0 1409596 1365711 43885 110406 77207 22600 122770 332983 -289098 false false 101800 27145 true 0.50000 101800 27145 27145 74655 KS true false true false 1.00000 TRACEY ANDRIST 4111 E 37TH ST N SUITE D101 WICHITA KS 67220 false TRACEY ANDRIST OVERSEE RAFFLE AND FILE STATE/FEDERAL RETURNS X X false true AWARDS 47 80805 0 SCHEDULE I, PART I, LINE 2 PRIOR TO RECEIVING FUNDS, AWARD RECIPIENTS AND THEIR PARENT/GUARDIAN RECEIVE THE ORGANIZATION'S AWARD TERMS AND CONDITIONS DOCUMENT, WHICH STATES THE PURPOSE FOR WHICH AWARD FUNDS MAY BE USED. IN ADDITION, AWARD CHECKS STATE: "BY CASHING THIS CHECK, YOU AGREE TO THE YE AWARD TERMS AND CONDITIONS PROVIDED TO YOU." X X X false false false false false false false true false KYLIE STUPKA PRESIDENT 172923 0 100000 0 569 0 8875 0 12942 0 295309 0 0 0 TRACEY ANDRIST ASSISTANT TREASURER 159103 0 30000 0 569 0 6267 0 4079 0 200018 0 0 0 SANDY MAREK EXECUTIVE DIRECTOR, STRATEGIC 163096 0 0 0 522 0 6300 0 11864 0 181782 0 0 0 PHOEBE BACHURA VICE PRESIDENT, STAKEHOLDER RE 125916 0 30000 0 569 0 6317 0 12866 0 175668 0 0 0 HEATHER LOVE VICE PRESIDENT, PROGRAM 129243 0 30000 0 569 0 6425 0 12248 0 178485 0 0 0 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 2 160000 APPRAISAL X 2 137362 AVERAGE OF HIGH/LOW X AUCTION ITEMS 2000 231339 FMV false false false SCH M, PART I, COLUMN B THE AMOUNTS IN COLUMN B, LINES 6, 9, AND 25 ARE THE NUMBER OF CONTRIBUTIONS. FORM 990, PART I, LINE 1 AND OPPORTUNITIES TO APPLY THOSE LEARNINGS, FOSTERING PERSONAL TRANSFORMATION AND SELF-ACTUALIZATION IN EDUCATORS AND THEIR STUDENTS, WHO IN TURN POSITIVELY IMPACT THEIR COMMUNITIES. FORM 990, PART III, LINE 1 Youth Entrepreneurs cultivates an entrepreneurial mindset through its experiential learning model and opportunities to apply those learnings, fostering personal transformation and self-actualization in educators and their students, who in turn positively impact their communities. We believe educators are key to their students success. To ensure educators success, YE provides them with the vision, training, and tools needed to successfully execute the program. Our hands-on curriculum transforms the way in which educators teach values-based thinking, promotes positive character development, and teaches business, economics, and entrepreneurship in a way that helps students develop an entrepreneurial mindset that they will carry with them well beyond the classroom. Through participation in our program, students recognize and develop their innate aptitudes and interests as educators explore alongside students in their classrooms how to apply those talents in society for mutual benefit. We also provide professional development opportunities and experiences to educators, as well as support them in developing leave-to-learn experiences for their students, enabling both educators and students to continue to develop their knowledge and skills, apply their learnings, and develop a broader understanding of how they can create value for themselves and the communities in which they live. FORM 990, PART III, LINE 4A THE GROWTH TRAJECTORY CONTINUED WHEN IT CAME TO CLASSES AND STUDENTS, AS WELL - THEY WERE UP 64% AND 28%, RESPECTIVELY. EVENTS TOOK CENTER STAGE DURING THE SUMMER OF 2018: 19 STUDENT PARTICIPANTS PITCHED THEIR BUSINESS IDEAS FOR THE OPPORTUNITY TO EARN A PIECE OF THE $20,000 AT STAKE AT THE BIG IDEA; THE FIRST ANNUAL YE SUMMIT BROUGHT TOGETHER MORE THAN 250 TOP YE STUDENTS FROM ACROSS THE COUNTRY FOR A WEEK-LONG CONFERENCE THAT INCLUDED KEYNOTE SPEAKERS, ENGAGING ACTIVITIES, TOURS AND NETWORKING; YEEDU,THE ANNUAL EDUCATOR CONFERENCE, BROUGHT NEARLY 250 TEACHERS TOGETHER FOR PROFESSIONAL DEVELOPMENT AND TRAINING; AND YE'S BIENNIAL FUNDRAISING GALA, BIZ BANG, RAISED A RECORD $1.6 MILLION FROM ITS OVER 900 ATTENDEES! THROUGHOUT THE FISCAL YEAR, YE MAINTAINED ITS FOCUS ON SUPPORTING EDUCATORS IN A VARIETY OF WAYS. ONE MAJOR AREA OF SUPPORT INCLUDED THE CONTINUED DEVELOPMENT OF ITS EDUCATOR PLATFORM, YE ACADEMY, WHERE FREE CURRICULUM IS AVAILABLE TO ANY TEACHER LOOKING TO IMPLEMENT THE HANDS-ON ACTIVITIES IN THEIR CLASSROOMS. FORM 990, PART VI, LINE 1A SO LONG AS THE CURRENT CHAIRWOMAN IS A MEMBER, ANY INCREASE IN THE SIZE OF THE MEMBERS AND THE ADDITION OF NEW MEMBERS REQUIRES THE VOTE OR WRITTEN CONSENT OF THE CHAIRWOMAN; MEMBERS MAY BE REMOVED ONLY BY THE CHAIRWOMAN WHO MAY REMOVE A MEMBER WITH OR WITHOUT CAUSE BY HER SOLE VOTE. THE CHAIRWOMAN HAS THE SOLE RIGHT TO APPOINT HER SUCCESSOR. FORM 990, PART VI, SECTION A, LINE 2 ANNIE AND ELIZABETH KOCH HAVE A FAMILY RELATIONSHIP. CERTAIN OFFICERS AND DIRECTORS HAVE A BUSINESS RELATIONSHIP. FORM 990, PART VI, SECTION A, LINE 6 YE IS A MEMBER CORPORATION. MEMBERS HAVE SUCH RIGHTS AND ARE ENTITLED TO 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 PREPARES THE FORM 990, WHICH IS THEN REVIEWED BY THE ASSISTANT TREASURER, TREASURER AND EXECUTIVE DIRECTOR. ANY COMMENTS OR CONCERNS ARE ADDRESSED AND ANY CHANGES ARE MADE TO THE DRAFT COPY, IF NECESSARY. A COPY OF THE CORRECTED DRAFT FORM 990 AND ALL RELATED SCHEDULES IS THEN PROVIDED TO ALL MEMBERS OF THE BOARD PRIOR TO FILING WITH THE IRS. FORM 990, PART VI, SECTION B, LINE 12C A COPY OF YE 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 YE'S LEGAL COUNSEL TO DETERMINE HOW TO BEST RESOLVE THE CONFLICT OF INTEREST. YE 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, LINE 15A THE COMPENSATION COMMITTEE, WHICH IS COMPRISED OF INDEPENDENT VOTING MEMBERS, PERFORMED A COMPENSATION REVIEW IN 2018 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 LOCAL AREAS OF WICHITA, TOPEKA AND KANSAS CITY. THEY MAY ALSO OBTAIN RESEARCH DATA ON COMPARABLE POSITIONS WITHIN THE NON-PROFIT SECTOR IN KANSAS, TOPEKA AND KANSAS CITY, 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.