Y Entrepreneurial Society Inc in New Haven, Connecticut (CT)

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Y Entrepreneurial Society Inc
Employer Identification Number (EIN)061582678
Name of OrganizationY Entrepreneurial Society Inc
In Care of NameMark Volchek
AddressPO BOX 206094, New Haven, CT 06520-6094
SubsectionCharitable Organization
Ruling Date11/2000
DeductibilityContributions are deductible
FoundationOrganization which receives a substantial part of its support from a governmental unit or the general public
OrganizationCorporation
Exempt Organization StatusUnconditional Exemption
Tax Period04/2014
Assets$1 to $9,999
Income$10,000 to $24,999
Filing Requirement990 - Required to file Form 990-N - Income less than $25,000 per year
Asset Amount$849
Amount of Income$24,000
Form 990 Revenue Amount$24,000
National Taxonomy of Exempt Entities (NTEE)Educational Institutions and Related Activities: University or Technological Institute


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Amount of income in 2014: $24,000 (it was $39,100 in 2013)
Y Entrepreneurial Society Inc: 

 $24,000
Other organizations performing similar types of work: 

 $938,796

Assets in 2014: $849 (it was $2,756 in 2013)
This organization: 

 $849
Other organizations performing similar types of work: 

 $455,622

Expenses in 2014: $25,907
This organization: 

 $25,907
Other organizations performing similar types of work: 

 $838,837

Income to expenses ratio in 2014: 0.9
This organization: 

 0.9
Other organizations performing similar types of work: 

 1.1

Grants share in income in 2014: 100.0%
This organization: 

 100.0%
Other organizations performing similar types of work: 

 39.0%

Financial snapshot ($)

Support schedule

Revenue, Expenses, and Changes in Net Assets or Fund Balances
201220132014
Total revenue$50,446$39,100$24,000
Contributions, gifts, grants, and similar amounts received$49,696$37,000$24,000
Program service revenue including government fees and contracts$750$0$0
Membership dues and assessments$0$0$0
Investment income$0$0$0
Gain/Loss from sale of assets other than inventory$0$2,100$0
Net income/loss from gaming and fundraising events$0$0$0
Gross profit/loss from sales of inventory$0$0$0
Other revenue$0$0$0
Total expenses$38,652$52,524$25,907
Total net assets$16,180$2,756$849
Excess/Deficit for the year$11,794$-13,424$-1,907
Net assets or fund balances at beginning of year$4,386$16,180$2,756
Other changes in net assets or fund balances$0$0$0
Net assets or fund balances at end of year$2,756$849
Balance Sheets
201220132014
Total assets$16,180$2,756$849
Total liabilities$0$0$0
Net assets or fund balances$16,180$2,756$849
Other Information
201220132014
Did the organization engage in any significant activity not previously reported to the IRS?NoNo
Were any significant changes made to the organizing or governing documents?NoNo
Did the organization have unrelated business gross income of $1,000 or more during the year from business activitiesNoNoNo
Has the organization filed a Form 990-T for the year?NoNo
Did the organization undergo a liquidation, dissolution, termination, or significant disposition of net assets during the year?NoNo
Amount of political expenditures, direct or indirect$0$0
Did the organization file Form 1120-POL for this year?NoNo
Did the organization borrow from, or make any loans to, any officer, director, trustee, or key employee or were any such loans made in a prior year and still outstanding at the end of the tax year covered by this return?NoNo
Total amount involved$0$0
Initiation fees and capital contributions$0$0$0
Gross receipts for public use of club facilities$0$0$0
Did the organization engage in any section 4958 excess benefit transaction during the year, or did it engage in an excess benefit transaction in a prior year that has not been reported on any of its prior Forms 990 or 990-EZ?NoNo
At any time during the tax year, was the organization a party to a prohibited tax shelter transaction?NoNo
Reason for Public Charity Status (for 2014)
The organization is not a private foundation because it is:A federal, state, or local government or governmental unit described in section 170(b)(1)(A)(v)
Number of organizations supported0
Sum of amounts of support$0
Support Schedule for Organizations Described in Sections 170(b)(1)(A)(iv) and 170(b)(1)(A)(vi) (for 2010 - 2014)
2010 - 2014 Total
Public Support$189,546
Subtotal Support$189,546
Gifts, grants, contributions, and membership fees received$189,546
Tax revenues levied for the organization's benefit and either paid to or expended on its behalf$0
The value of services or facilities furnished by a governmental unit to the organization without charge$0
The portion of total contributions by each person (other than a governmental unit or publicly supported organization) that exceeds 2% of the total support$0
Total Support$190,546
Public Support$189,546
Gross income from interest, dividends, payments received on securities loans, rents, royalties and income from similar sources$1,000
Net income from unrelated business activities, whether or not the business is regularly carried on$0
Other income. Do not include gain or loss from the sale of capital assets$0
Gross receipts from related activities, etc.$0
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Organizations performing similar types of work
IdNameAddressStateEstablishedTotal Income
1Southern Connecticut State University Foundation Inc501 Crescent St, New Haven, CT 06515-1330CT1972-09$25,916,430
2Simon Fraser UniversityBurnaby British Columbia V5a 1s6, Canadainternational2009-04$575,911,706
3Universite De SherbrookeSherbrooke Qc J1k 2r1, Canadainternational2006-09$501,145,942
4Graduate School600 Maryland Ave Sw Ste 120, Washington, DC 20024-2520DC2009-12$61,831,352
5University Of Wyoming Research Corporation, Western Research Institute3474 N 3rd St, Laramie, WY 82072-9571WY1983-07$15,531,291
6Hallmark University Inc, Hallmark University10401 W Interstate 10, San Antonio, TX 78230-1736TX2012-05$15,304,095
7Vermont College Of Fine Arts Inc36 College St, Montpelier, VT 05602-3145VT2007-06$9,761,270
8San Marcos University Corporation333 S Twin Oaks Valley Rd, San Marcos, CA 92096-0001CA2002-01$8,027,425
9Wyoming Catholic College306 Main St, Lander, WY 82520-3102WY2006-09$6,323,217
10University Of Central Oklahoma Fdn100 N University Dr, Edmond, OK 73034-5207OK1954-03$5,301,017
11National Management Association, Robert B Miller College Ch 599450 North Ave, Battle Creek, MI 49017-3306MI2006-08$4,601,667
12Skema Us Inc, Skema Business School1251 Avenue Of Americas 3rd Fl, New York, NY 10020NY2011-09$3,525,527
13Columbus Collegiate Academy - West300 Dana Ave, Columbus, OH 43223-1310OH2011-06$1,566,673
14University Of Kentucky Business Partnership Foundation Inc301 Peterson Service Building, Lexington, KY 40506-0001KY1982-06$1,441,211
15Valor Christian CollegePO BOX 100, Columbus, OH 43216-0100OH2012-12$1,328,523
16University Of Kentucky Equine Research Foundation Inc301 Peterson Service Building, Lexington, KY 40506-0001KY1985-12$1,312,235
17World Link Inc905 M Ave, Kalona, IA 52247-9303IA2002-04$1,265,215
18Embry-Riddle Aeronautical University Asia Ltd, Eric B Weekes TreasurerSingapore 069543, Singaporeinternational2013-07$1,220,915
19Y Entrepreneurial Society IncPO BOX 206094, New Haven, CT 06520-6094CT2000-11$24,000
20Connecticut State University System Foundation Inc39 Woodland Street, Hartford, CT 06105CT1985-11$13,461
Number of organizations performing similar types of work
Alaska1
Alabama1
Arkansas3
Arizona1
California57
Colorado1
Connecticut3
District of Columbia4
Delaware5
Florida13
Georgia5
Hawaii5
Iowa3
Illinois6
Indiana2
Kansas2
Kentucky4
Louisiana2
Massachusetts1
Maryland3
Michigan6
Minnesota1
Missouri2
Mississippi2
Montana1
North Carolina9
North Dakota1
New Hampshire1
New Jersey5
New Mexico3
New York8
Ohio3
Oklahoma1
Oregon3
Pennsylvania10
South Carolina1
Tennessee4
Texas12
Utah6
Virginia8
Vermont1
Washington6
Wisconsin1
West Virginia1
Wyoming3
International7
Total228

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