2026-09-13T18:03:44-04:00 2025-06-30 475503849 FWM PROFESSIONAL ACCOUNTING AND TAX 17 SCARBOROUGH PARK ROCHESTER NY 14625 990 2024-07-01 300513715 THE YOUNG ENTREPRENEURS ACADEMY INC % GAYLE JAGEL YOUN 5854290558 16 WIDEWATERS LANE PITTSFORD NY 14534 GAYLE JAGEL PRESIDENT & CEO 5854290558 2026-09-13 false true FRANK MONFALCONE P01433978 5857348793 2026-09-13 2024 GAYLE JAGEL 16 WIDEWATERS LANE PITTSFORD NY 14534 249616 false X WWW.YEAUSA.ORG X 2008 NY TO OPERATE A GROUNDBREAKING PROGRAM THAT TAKES STUDENTS IN GRADES SIX THROUGH TWELVE THROUGH THE PROCESS OF STARTING AND RUNNING A REAL BUSINESS OVER THE COURSE OF A FULL ACADEMIC YEAR. 4 3 4 6200 0 0 73194 49429 176667 182463 0 17724 249861 249616 0 0 87543 267538 0 20260 182680 137677 270223 405215 -20362 -155599 66293 50621 71921 211848 -5628 -161227 TO OPERATE A GROUNDBREAKING PROGRAM THAT TAKES STUDENTS IN GRADES SIX THROUGH TWELVE THROUGH THE PROCESS OF STARTING AND RUNNING A REAL BUSINESS OVER THE COURSE OF A FULL ACADEMIC YEAR. false false 307965 182463 THE YOUNG ENTREPRENEURS ACADEMY (YEA) IS A GROUNDBREAKING AND EXCITING PROGRAM THAT TRANSFORMS LOCAL MIDDLE AND HIGH SCHOOL STUDENTS INTO REAL, CONFIDENT ENTREPRENEURS. THROUGH THE YEAR-LONG PROGRAM, STUDENTS IN GRADES 6-12 GENERATE BUSINESS IDEAS, CONDUCT MARKET RESEARCH , WRITE BUSINESS PLANS, PITCH TO A PANAL OF INVESTORS, AND LAUNCH THEIR VERY OWN COMPANIES. 307965 true true false false false false false false false false false false false false false false false false false false false false false false false false false false false false false false false false false false false false false false false false false false false false false true 4 0 4 true false false false false false false false false false false false false false false false false false X 4 3 false false false false false false false true true false false true true true true false false true false false NY X THE ORGANIZATION 5854290558 16 WIDEWATERS LANE Pittsford NY 14534 X GAYLE JAGEL PRESIDENT & CEO 40.00 0.00 X X 0 0 0 KEVIN HALPIN SECRETARY 0.20 0.00 X X 0 0 0 JACK BARON CHAIR 0.20 0.00 X X 0 0 0 TROY MCLELLAN DIRECTORCHAIR 0.20 0.00 X X 0 0 0 0 0 0 0 false false false 49429 49429 ENTREPRENEURIAL EDUCATI 611710 182463 182463 182463 0 LICENSING SETTLEMENT 900099 17600 17600 OTHER INCOME 611710 124 124 17724 249616 200187 0 0 243526 185080 46270 12176 4152 3155 789 208 19860 15094 3773 993 7504 5703 1426 375 1718 1306 326 86 35244 26786 6696 1762 12796 9725 2431 640 584 444 111 29 134 102 25 7 2704 2055 514 135 SAUNDERS SCHOLARS EXPENSES 45685 34721 8680 2284 DUES AND SUBSCRIPTIONS 287 218 55 14 CLASS ADMINISTATION 31021 23576 5894 1551 405215 307965 76990 20260 X 66293 50621 66293 50621 1191 122528 70730 89320 71921 211848 X -5628 -161227 -5628 -161227 66293 50621 -155599 0 X true X false true false X 166978 88766 25434 73194 49429 403801 166978 88766 25434 73194 49429 403801 277691 126110 403801 869228 0.31230 0.27210 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED Form 990 governing body review Part VI line 11 THE FORM 990 IS PROVIDED TO THE BOARD , REVIEWED FOR ACCURACY, AND FILED UPON APPROVAL. Conflict of interest policy compliance Part VI line 12c A CONFLICT OF INTEREST FORM IS PROVIDED TO ALL NEW AND RETURNING BOARD MEMBERS AND IS REVIEWED IN ADVANCE OF THEIR SERVICE. CEO executive director top management comp Part VI line 15a THE CEOS COMPENSATION IS DETERMINED DURING EXECUTIVE SESSIONS OF THE BOARD OF DIRECTORS. THE CEO ELECTED NOT TO TAKE COMPENSATION FOR THE PERIOD JULY 1, 2024 THROUGH JUNE 30, 2025. IT IS ANTICPATED THAT THE CEOS COMPENSATION WILL RESUME IN THE NEXT FISCAL YEAR ENDING JUNE 30, 2026. Governing documents etc available to public Part VI line 19 THE ORGANIZATIONS GOVERING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS ARE MADE AVAILABLE TO THE PUBLIC UPON REQUEST. ALL REQUESTS ARE REVIEWED BY THE PRESIDENT AND CEO. Part X response or note to any line in Part X TOTAL LIABILITIES BALANCE OF $211,848 IN PART X CONTAINES ACCRUED CEO COMPENSATION OF $121,500. THIS CEO COMPENSATION IS EXPECTED TO BE PAID OUT SOMETIME IN THE NEXT FISCAL YEAR ENDING JUNE 30, 2026. General explanation attachment THE YOUNG ENTREPRENEURS ACADEMY (YEA) IS CURRENTLY ATTEMPTING TO GET CAUGHT UP ON ITS FORM 990 FILINGS FOR THE FISCAL YEARS ENDED JUNE 30, 2022, 2023, & 2024. THEIR OPERATIONS AND ORGANIZATION WERE IMPACTED SIGNIFICANTLY FROM COVID-19 WITH SCHOOLS BEING FORCED TO SHUT DOWN OR MOVE TO REMOTE LEARNING. THE YEA IS WORKING TO REBUILD THEIR NON-PROFIT EDUCATIONAL PROGRAMS. THE YEA FULLY EXPECTS TO FILE ITS 2022 & 2023 FORM 990 BEFORE NOVEMBER 15, 2024. THE YEA WOULD LIKE TO RESPECTFULLY REQUEST AN ABATEMENT FROM ANY PENALTIES AND FINES RESULTING FROM THE LATE FILINGS OF THE 2022 & 2023 FORM 990s. THE YEA HAD A TIMELY FILING RECORD FOR ITS FORM 990 PRIOR TO COVID-19, AND IT HAS PUT PROCEDURES IN PLACE TO ENSURE TIMELY FILINGS OF FORM 990 GOING FORWARD.