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Nonprofit · EIN 47-4144261

YOUNG ENTREPRENEURZ ORGANIZATION

Tax-exempt (reinstated) · NEW YORK, NY 10027

Financials

$327K$361K2023$388K$364K2024$289K$216K2025
Revenue Expenses · by fiscal year end
Financials of YOUNG ENTREPRENEURZ ORGANIZATION by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2025990$288,762$215,761$73,001$73,001$17,500$55,501
December 31, 2024990$388,195$363,913$24,282$3,459$0$3,459
December 31, 2023990$327,287$361,110-$33,823-$20,823$0-$20,823
Financial details: 990 for the year ended December 31, 2025

Revenue

Contributions, gifts and grants
$288,762
of which government grants
$20,000
Program service revenue
$0
Investment income
$0
Other revenue
$0

Expenses

Grants and similar amounts paid
$0
Compensation of officers, directors and key employees
$0
Other salaries and wages
$15,000
Salaries, compensation and benefits (total)
$25,000
Professional fundraising fees
$0
Travel
$190,761
Program services (functional)
$215,761
Management and general (functional)
$11,200

Balance sheet and other

Total assets, start of year
$73,001
Total assets, end of year
$73,001
Total liabilities, end of year
$17,500
Net assets, end of year
$55,501
Gross receipts
$288,762
Employees
0
Volunteers
0
Year formed
2014
State of legal domicile
NJ

From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.

Officers, directors and key employees

As listed on the 990 for the year ended December 31, 2025, highest compensation first.

NameTitleHours / weekCompensationOther / benefits
Adrienne GoodsonDir of NBA-WNBA
Key employee
20$0$10,000
Nicole WashingtonDir Operations
Key employee
20$0$1,200
Ernest Ruffin JrExecutive Director
Officer
50$0$0
Ernest Ruffin IIIVP Operations
Officer
1$0$0
990 for the year ended December 31, 2024: 1 people
NameTitleHours / weekCompensation
Ernest Ruffin JrExecutive Director
Officer
50$0
990 for the year ended December 31, 2023: 9 people
NameTitleHours / weekCompensation
Ghylian RuffinDirector Programs
Trustee or director
10$4,000
Ernest Ruffin IIIVP Operations
Trustee or director
10$3,000
Erica ChanMulti-Media
Trustee or director
10$1,000
Dominique RuffinYES TV Personality
Trustee or director
10$1,000
Ernest Ruffin JrExecutive Director
Officer
65$0
Toni GriffinBoard Member
Trustee or director
2$0
Lyneir RichardsonBoard Member
Trustee or director
2$0
Irv Ashford JrBoard Member
Trustee or director
5$0
Orville BaileyBoard Member
Trustee or director
2$0

Address and contacts

Address (IRS master file)
52 W 120TH ST APT 4, NEW YORK, NY 10027-6373
In care of
% ERNEST RUFFIN JR
Principal officer (990 for 2025)
Ernest Ruffin Jr, 52 W 120TH ST APT 4, NEW YORK, NY 10027
Signed the 990
Ernest Ruffin Jr, Executive Director
Phone
(973) 573-2505

Mission

Founded by former Rutgers University award winning adjunct professor and veteran entrepreneur Ernest Ruffin Jr YESs mission is to teach youth grades 6-12 in urban areas nationwide the Virgin Islands and Europe business and economic development to help them start or grow businesses. YES Business Plan Challenge - The organization specializes in teaching middle and high school aged youth the foundation of entrepreneurship and economic development. Ruffins intent is to give young people in underserved communities the tools to succeed in business and create economic opportunities for themselves and their communities. 3,500 plus students have participated in the YES Business Plan Challenges.

990 for the year ended December 31, 2025

Program accomplishments

  • YES teaches 6-12th grade students entrepreneurship and economic development nationwide the US Virgin Islands and London.
    Expenses $80,000 · grants $204,417 · revenue $124,417
  • YES added a new program in 2025 teaching retired NBA and WNBA players entrepreneurship.
    Expenses $20,000 · grants $25,000 · revenue $5,000
  • Expenses $15,000

What it must file and when

IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025December 31, 2025May 15, 2026990 on file
2024December 31, 2024May 15, 2025990 on file
2023December 31, 2023May 15, 2024990 on file

IRS record

EIN
47-4144261
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Publicly supported organization (170(b)(1)(A)(vi))
Donations deductible (Pub 78)
Public charity, 50% deduction limit
Exempt since
2024
Accounting year ends
December
Files
Form 990 or 990-EZ
Category (NTEE)
Education (B99)
Assets (IRS master file)
$73,001
Income (IRS master file)
$288,762

Revocation and reinstatement

Exemption revoked
May 15, 2023
Posted by the IRS
August 14, 2023
Reinstated
Effective May 15, 2023

From the IRS automatic revocation list: organizations that did not file a required return or e-Postcard for three consecutive years.

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2025$288,762$215,761$73,001XML
990December 2024$388,195$363,913$3,459XML
990December 2023$327,287$361,110-$20,823XML

990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 47-4144261).

Questions about YOUNG ENTREPRENEURZ ORGANIZATION

What is the EIN of YOUNG ENTREPRENEURZ ORGANIZATION?
The employer identification number (EIN) of YOUNG ENTREPRENEURZ ORGANIZATION is 47-4144261.
Is YOUNG ENTREPRENEURZ ORGANIZATION tax-exempt?
Yes. The IRS revoked its exemption on May 15, 2023 and reinstated it effective May 15, 2023.
Are donations to YOUNG ENTREPRENEURZ ORGANIZATION tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does YOUNG ENTREPRENEURZ ORGANIZATION file?
Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
When is the next return of YOUNG ENTREPRENEURZ ORGANIZATION due?
The return for tax year 2026 (the year ending December 31, 2026) is due May 17, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
When did YOUNG ENTREPRENEURZ ORGANIZATION last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended December 2025.
Who is the principal officer of YOUNG ENTREPRENEURZ ORGANIZATION?
The 990 for the year ended December 31, 2025 names Ernest Ruffin Jr.
Who are the officers and directors of YOUNG ENTREPRENEURZ ORGANIZATION?
The 990 for the year ended December 31, 2025 lists 4 people; 0 received compensation from the organization.
How much revenue does YOUNG ENTREPRENEURZ ORGANIZATION have?
On its 990 for the year ended December 31, 2025 it reported revenue of $288,762, expenses of $215,761 and total assets of $73,001 at year end.

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