YOUTH ENTREPRENEUR INSTITUTE

EIN: 475351868 501(c)(3) Youth Development

WASHINGTON, DC

Total Revenue
$452,769
Total Expenses
$493,198
Total Assets
$73,103
Net Assets
$-59,128
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2015
Legal Domicile
DC
Phone
2024692935
Tax Period
2023-10-01 to 2024-09-30

YOUTH ENTREPRENEUR INSTITUTE, founded in 2015, is a small nonprofit in the Youth Development sector that reported $453K in total revenue in fiscal year 2023. Revenue surged 54% from the prior year, signaling strong growth momentum.

Mission

Youth Entrepreneur Institute YEI empowers youth from underserved communities to develop entrepreneurial creative and technical skills that prepare them for innovative futures. Through year-round and seasonal programs YEI integrates ART and STEAM disciplines hands-on product creation and real-world business experience to cultivate leadership financial wellness and career readiness.

Program Service Accomplishments

Program 1
Expenses: $66,583 Revenue: $0

Elementary Programs Smart Hustle Jr. Description: Art based Entrepreneurship and STEAM-based programming for elementary and middle school students grades 3-8. Students engage in hands-on projects...

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Elementary Programs Smart Hustle Jr. Description: Art based Entrepreneurship and STEAM-based programming for elementary and middle school students grades 3-8. Students engage in hands-on projects such as logo creation T-shirt design cosmetic product making and pop-up shop vending. Activities integrate art business and STEM skills to foster creativity teamwork and foundational business knowledge. Key Outcomes: Participants demonstrated increased confidence developed problem-solving skills and learned basic business operations through real-world sales opportunities. Programs Included: Smart Hustle Jr. Elementary Entrepreneurs.

Program 2
Expenses: $278,288 Revenue: $1,277

High School Programs Artpreneur & Smart Hustle Year-Round Internship Description: Year-round work-based learning and creative economy entrepreneurship training for high school students. Participants...

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High School Programs Artpreneur & Smart Hustle Year-Round Internship Description: Year-round work-based learning and creative economy entrepreneurship training for high school students. Participants build technical creative and entrepreneurial skills in areas such as graphic arts apparel making commercial production product design and financial literacy. Students operate YEIs in-house social enterprises from production to sales and participate in pitch competitions to earn startup funds. Key Outcomes: Teens launched real businesses strengthened leadership and business acumen and generated income through sales. Programs Included: Artpreneur Smart Hustle Year-Round Internship.

Program 3
Expenses: $82,135 Revenue: $0

Summer Programs Artprentice STEAMprentice Smart Hustle Abroad Description: Seasonal programs offering intensive hands-on entrepreneurship training through the lens of the creative economy. Youth...

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Summer Programs Artprentice STEAMprentice Smart Hustle Abroad Description: Seasonal programs offering intensive hands-on entrepreneurship training through the lens of the creative economy. Youth learn product creation skills T-shirts candles videos art products participate in vending events and engage in leadership and cultural immersion activities. Smart Hustle Abroad includes domestic and international travel experiences with college tours and cultural excursions. Key Outcomes: Over 80 students in grades 9-12 participated in skill-building workshops gained real-world business experience and expanded their understanding of global markets and cultural diversity. Programs Included: Artprentice STEAMprentice Smart Hustle Abroad.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $438,236
Program Service Revenue $13,250
Investment Income $0
Other Revenue $1,283
TOTAL REVENUE $452,769

Expense Breakdown

Grants Paid $0
Salaries & Benefits $325,447
Fundraising Expenses $15
Program Expenses $427,006
Other Expenses $167,751
TOTAL EXPENSES $493,198

Year-over-Year Comparison

2023 2022 Change
Revenue $452,769 $294,400 +0.5%
Expenses $493,198 $314,787 +0.6%
Net Income $-40,429 $-20,387 +1.0%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

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Governance

Voting Members
6
Independent Members
5
Employees
N/A
Volunteers
7

Governance Policies

Conflict of Interest Policy
Whistleblower Policy
Document Retention Policy

Special Practices & Reported Activities

Operated a School
Operated a Hospital
Provided First Class Travel
Reported Conflict of Interest
Reported Asset Diversion
Excess Benefit Transaction
Made Political Expenditures
Engaged in Lobbying
Operated Donor Advised Fund
Maintained Art Collections
Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
4
$98,000
Total Directors
2
$0
Key Employees
1
$98,000
Highest Compensated
1
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Tacharna Crump Executive Director 60.00
Officer Key Emp Highest
$98,000 $0 $98,000
Kimberly Martin Member 2.00
Director
$0 $0 $0
Clarence Miles Member 2.00
Director
$0 $0 $0
Kristen Barney Secretary 4.00
Officer
$0 $0 $0
Angele Doyne Vice Chair 4.00
Officer
$0 $0 $0
Danyale Wilson Chair 6.00
Officer
$0 $0 $0
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2024 $452,769 $493,198 $73,103 $-40,429
2023 $294,400 $314,787 $84,350 $-20,387
2022 $277,624 $303,205 $109,097 $-25,581
2021 $310,415 $360,773 $162,077 $-50,358
2020 $397,849 $432,934 $199,946 $-35,085
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