Liabilities / Assets
Score unavailable
Liabilities-to-assets requires both liabilities and assets on the latest valid filing.
Sandy Area Chamber Young Entrepreneurs Academy
EIN 47-1686339 • 501(c)3 • Sandy, UT
Profile
To transform middle and high school students into business owners as part of a weekly education class
Siviq Scores
Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.
No value available
Liabilities / Revenue
Score unavailable
Liabilities-to-revenue requires both liabilities and revenue on the latest valid filing.
Net Margin
17th percentile
Higher net margin than 17% of similar nonprofits.
Top Officer Pay
81st percentile
Higher top officer pay than 81% of similar nonprofits.
Top officer pay equals 0.0% of source-year revenue.
Asset Growth
27th percentile
Faster asset growth than 27% of similar nonprofits.
Revenue Growth
14th percentile
Faster revenue growth than 14% of similar nonprofits.
Balance Sheet
Assets
Down$27,886
Down $11,868 (-30%) from 2017
Liabilities
-
No earlier filing loaded for comparison.
Net Assets
Down$27,886
Down $11,868 (-30%) from 2017
Revenue
Down$30,605
Down $52,121 (-63%) from 2017
Expenses
Down$42,473
Down $49,865 (-54%) from 2017
Net Income
Down-$11,868
Down $2,256 (-23%) from 2017
Trend Graphs
Filings
Most recent year
2018 • Form 990EZDetailed filing. Detailed filing data is available for this year.
- Assets
- $27,886
- Liabilities
- -
- Net assets
- $27,886
- Revenue
- $30,605
- Expenses
- $42,473
- Net income
- -$11,868
| Balance Sheet | Operations | |||||
|---|---|---|---|---|---|---|
| Year | Assets | Liabilities | Net Assets | Revenue | Expenses | Net Income |
| 2018Detailed filing. Detailed filing data is available for this year. | $0.28 | $0.28 | $0.31 | $0.42 | $0.12 | |
| 2017Detailed filing. Detailed filing data is available for this year. | $0.40 | $0.40 | $0.83 | $0.92 | $0.10 | |
| 2016Detailed filing. Detailed filing data is available for this year. | $0.49 | $0.49 | $1.05 | $0.65 | $0.39 | |
Latest Filing Detail
Jump To
Filing Snapshot
- Filing Period
- Jan 1, 2018 to Dec 31, 2018
- Signed
- Jun 26, 2019
- Return Version
- 2018v3.1
- Gross Receipts
- $30,605
Mission and Program Overview
Mission
To transform middle and high school students into business owners as part of a weekly education class
To transform middle school and high school students into young entrepreneurs.
Program Services
| Description | Grants | Expenses |
|---|---|---|
| THE YOUNG ENTREPRENEURS ACADEMY OFFERS CLASSES THAT TAKE STUDENTS 11-18 YEARS OF AGE THROUGH THE PROCESS OF BRAINSTORMING A BUSINESS IDEA, WRITING A BUSINESS PLAN, PITCHING THE PLAN TO INVESTORS, OBTAINING FUNDING AND LAUNCHING A REAL BUSINESS. THIS PROCESS TRAINS FUTURE BUSINESS LEADERS AND HELPS THEM ESTABLISH STRONG, LASTING RELATIONSHIPS WITH THEIR HOMETOWN BUSINESSES. | $19,050 | $41,458 |
Compensation and Service Providers
Employees
| Name | Title | Full / Part Time | Base | Other | Total |
|---|---|---|---|---|---|
| JEFF BARNES | Director | - | $0 | - | - |
| BRENT ANDERSEN | Director | - | $0 | - | - |
| NATHAN ANDERSON | Chairman | - | $0 | - | - |
| NATE BOYER | Director | - | $0 | - | - |
| DR JAMES BRISCOE | Director | - | $0 | - | - |
| ROBERT BROUGH | Vice Chair | - | $0 | - | - |
| BETH COLOSIMO | Director | - | $0 | - | - |
| BROOKE CHRISTENSEN | Director | - | $0 | - | - |
| NICK DUERKSEN | Director | - | $0 | - | - |
| JAY FRANCIS | Past Chairma | - | $0 | - | - |
| DR DALE HULL | Director | - | $0 | - | - |
| CHRIS MCCANDLESS | Director | - | $0 | - | - |
| KAYVON MOTIEE | Director | - | $0 | - | - |
| JASON MCGEE | Director | - | $0 | - | - |
| KIRK NORD | Director | - | $0 | - | - |
| AMY REES ANDERSON | Director | - | $0 | - | - |
| ALAN RINDLISBACHER | Director | - | $0 | - | - |
| BURT RINGWOOD | Director | - | $0 | - | - |
| BRENT STEVENS | Director | - | $0 | - | - |
| JIM SWAYZE | Director | - | $0 | - | - |
| COREY THAYN | Director | - | $0 | - | - |
| BRITTANY WESTOVER | Director | - | $0 | - | - |
| SCOTT WESTRA | Director | - | $0 | - | - |
| CHRISTIAN DEPUTY | Director | - | $0 | - | - |
Filing and Contact Details
Filer
- Filer Name
- Sandy Area Chamber Young
- EIN
- 47-1686339
- Phone
- 8015560344
- Address
- 35 EAST 9270 SOUTH, SANDY, UT 84070
Signing Officer
- Name
- Nathan Anderson
- Title
- Chairman
- Phone
- 8015660344
- Signed
- 2019-06-26
- Discuss with paid preparer
- Yes
Preparer
- Firm
- Larson & Company Pc
- Address
- 11240 S RIVER HEIGHTS DR SUITE 300, SOUTH JORDAN, UT 84095-5123
- Preparer
- Richard Scoresby CPA
- Phone
- 8013131900
Supplemental Narrative
Additional Explanations
Form 990-ez, Part I, Line 10
“Cash contribution: 19,050”
Form 990-ez, Part I, Line 16
“Expenses office supplies 17 travel 388 conferences and meetings 523 interst 24 registration fees 7,610 classes & events 8,468 instructor gifts 100 total 17,130”
Form 990-ez, Part II, Line 24
“Accounts receivable 22,500 2,500 total 22,500 2,500”
Form 990-ez, Part III
“To transform middle school and high school students into young entrepreneurs.”
Form 990-ez, Part III, Line 28
“The young entrepreneurs academy offers classes that take students 11-18 years of age through the process of brainstorming a business idea, writing a business plan, pitching the plan to investors, obtaining funding and launching a real business. This process trains future business leaders and helps them establish strong, lasting relationships with their hometown businesses.”
Raw XML Appendix222 raw XML fields
This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.
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| IRS990EZ/PrimaryExemptPurposeTxt | 0 | TO TRANSFORM MIDDLE SCHOOL AND HIGH SCHOOL STUDENTS INTO YOUNG ENTREPRENEURS. |
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| IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt | 0 | THE YOUNG ENTREPRENEURS ACADEMY OFFERS CLASSES THAT TAKE STUDENTS 11-18 YEARS OF AGE THROUGH THE PROCESS OF BRAINSTORMING A BUSINESS IDEA, WRITING A BUSINESS PLAN, PITCHING THE PLAN TO INVESTORS, OBTAINING FUNDING AND LAUNCHING A REAL BUSINESS. THIS PROCESS TRAINS FUTURE BUSINESS LEADERS AND HELPS THEM ESTABLISH STRONG, LASTING RELATIONSHIPS WITH THEIR HOMETOWN BUSINESSES. |
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| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 0 | CASH CONTRIBUTION: 19,050 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 1 | EXPENSES OFFICE SUPPLIES 17 TRAVEL 388 CONFERENCES AND MEETINGS 523 INTERST 24 REGISTRATION FEES 7,610 CLASSES & EVENTS 8,468 INSTRUCTOR GIFTS 100 TOTAL 17,130 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 2 | ACCOUNTS RECEIVABLE 22,500 2,500 TOTAL 22,500 2,500 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 3 | TO TRANSFORM MIDDLE SCHOOL AND HIGH SCHOOL STUDENTS INTO YOUNG ENTREPRENEURS. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 4 | THE YOUNG ENTREPRENEURS ACADEMY OFFERS CLASSES THAT TAKE STUDENTS 11-18 YEARS OF AGE THROUGH THE PROCESS OF BRAINSTORMING A BUSINESS IDEA, WRITING A BUSINESS PLAN, PITCHING THE PLAN TO INVESTORS, OBTAINING FUNDING AND LAUNCHING A REAL BUSINESS. THIS PROCESS TRAINS FUTURE BUSINESS LEADERS AND HELPS THEM ESTABLISH STRONG, LASTING RELATIONSHIPS WITH THEIR HOMETOWN BUSINESSES. |
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| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 2 | FORM 990-EZ, PART II, LINE 24 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 3 | FORM 990-EZ, PART III |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 4 | FORM 990-EZ, PART III, LINE 28 |
| ReturnHeader/BuildTS | 0 | 2019-02-21 02:37:17Z |
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| ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt | 0 | LARSON & COMPANY PC |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt | 0 | 11240 S RIVER HEIGHTS DR SUITE 300 |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm | 0 | SOUTH JORDAN |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd | 0 | UT |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd | 0 | 840955123 |
| ReturnHeader/PreparerPersonGrp/PhoneNum | 0 | 8013131900 |
| ReturnHeader/PreparerPersonGrp/PreparationDt | 0 | 2019-06-26 |
| ReturnHeader/PreparerPersonGrp/PreparerPersonNm | 0 | RICHARD SCORESBY CPA |
| ReturnHeader/ReturnTs | 0 | 2019-07-16T22:07:07-05:00 |
| ReturnHeader/ReturnTypeCd | 0 | 990EZ |
| ReturnHeader/TaxPeriodBeginDt | 0 | 2018-01-01 |
| ReturnHeader/TaxPeriodEndDt | 0 | 2018-12-31 |
| ReturnHeader/TaxYr | 0 | 2018 |
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