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Education : Youth Education Programs and Services

Network for Teaching Entrepreneurship

Imagine if we could activate the entrepreneurial mindset of an entire generation.

three stars

84.00

120 Wall Street 18th Floor
New York, NY 10005
tel: (212) 232-3333   Web Site
EIN: 13-3408731

Board Leadership
Michael Kacsmar
Chair

CEO
Dr. J.D. LaRock
President & CEO

  Score
(out of 100)
Rating
Overall Score & Rating 84.00 three stars
  Financial 77.73 two stars
  Accountability & Transparency 96.00 four stars
This rating was published 04/01/2020 and includes data from FY2018, the most recent 990 received at that time.

NFTE activates the entrepreneurial mindset and builds startup skills in youth from under-resourced communities to ensure their success and to create a more vibrant society.

NFTE activates the entrepreneurial mindset and builds startup skills in youth from under-resourced communities to ensure their success and to create a more vibrant society.

Impact Information

GuideStar is Charity Navigator's trusted partner in sharing information on how this organization seeks impact.  GuideStar has recognized this organization with a Platinum Seal of Transparency for voluntarily and publicly sharing information about how they measure their progress and results.  Learn More about Impact Information.
Reported Results
Total in 2019
Number of teachers recruited
434
Number of classrooms served
1,120
Number of schools served
356
This impact information is current as of August 2020, when it was provided to us by GuideStar. At this time, Impact information published on this organization's page has no effect on its rating per our methodology.

Financial

two stars

77.73

Accountability & Transparency

four stars

96.00

This rating was published 04/01/2020 and includes data from FY2018, the most recent 990 received at that time.
Overall Rating Chart
  Program Expenses
(Percent of the charity's total expenses spent on the programs
and services it delivers)
74.3%
  Administrative Expenses 15.0%
  Fundraising Expenses 10.6%
  Fundraising Efficiency $0.10
  Working Capital Ratio (years) 0.75
  Program Expenses Growth 2.3%
  Liabilities to Assets 11.9%
All data for Financial Performance Metrics calculations was provided by Network for Teaching Entrepreneurship on recent 990s filed with the IRS.
All data for Financial Performance Metrics calculations was provided by Network for Teaching Entrepreneurship on recent 990s filed with the IRS.

Highly Rated

Charity Name & State Overall Score Overall Rating
Network for Teaching Entrepreneurship (NY) 84.00 three stars
Living Classrooms Foundation (MD) 90.59 four stars
Bright Prospect (CA) 91.02 four stars
Denver Kids, Inc. (CO) 85.02 three stars
The Fund for American Studies (DC) 86.50 three stars

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REVENUE  
Contributions  
   Contributions, Gifts & Grants $7,741,263
   Federated Campaigns $0
   Membership Dues $0
   Fundraising Events $39,762
   Related Organizations $490,000
   Government Grants $0
Total Contributions $8,271,025
   Program Service Revenue $1,279,887
Total Primary Revenue $9,550,912
   Other Revenue $420,419
TOTAL REVENUE $9,971,331
   
EXPENSES  
   Program Expenses $11,705,708
   Administrative Expenses $1,936,941
   Fundraising Expenses $1,546,840
TOTAL FUNCTIONAL EXPENSES $15,189,489
   
Payments to Affiliates $0
Excess (or Deficit) for the year $-5,218,158
   
Net Assets $11,002,470

Program names and associated costs are listed for the top programs as reported on the charity's most recently filed Form 990. The top programs displayed will include the largest three programs, or those programs covering at least 60% of the charity's total expenses, whichever comes first.

Due to an error on this organization's Form 990, we are unable to display program information.

Ratings History

Form 990 FYE Date Published Overall Score Overall Rating
CN 2.1
2018-06 04/01/2020 84.00 three stars
2017-06 09/01/2018 85.27 three stars
2016-06 12/22/2017 83.01 three stars
2015-06 07/01/2016 81.44 three stars
2014-06 06/01/2016 85.20 three stars
 
CN 2.0
2014-06 11/01/2015 84.95 three stars
2013-06 11/01/2014 81.53 three stars
2012-06 09/01/2013 84.59 three stars
2010-06 09/20/2011 85.66 three stars
 
CN 1.0
2009-06 08/01/2010 77.10 two stars
2008-06 07/01/2009 89.34 three stars
2007-06 08/01/2008 89.70 three stars
2006-06 07/01/2007 83.76 three stars
2005-06 07/01/2006 84.75 three stars
2004-06 11/01/2005 81.20 three stars

The data displayed on this tab is provided by the IRS in the form of Publication 78 and the Business Master File (BMF).

EIN 13-3408731
Name in IRS Master File NETWORK FOR TEACHING ENTREPRENEURSHIP
NTEE Code O53
NTEE Classification Youth Development - Business
NTEE Type Youth Development
Classification Charitable Organization
Subsection 501(c)(3)  (View the list of codes)
Activities (149) Other instruction and training
(349) Other youth organization or activities
Foundation Status Organization which receives a substantial part of its support from a governmental unit or the general public   170(b)(1)(A)(vi)
Deductibility Contributions are deductible
Affiliation Independent - the organization is an independent organization or an independent auxiliary (i.e., not affiliated with a National, Regional, or Geographic grouping of organizations).
Group Name [Not Applicable]
Ruling Date December, 1987
Filing Requirement 990 (all other) or 990EZ return
Fiscal Year End June
IRS Forms 990
(provided courtesy of Foundation Center)
(Log In or Register Now to View Forms 990!)
  • June, 2017
  • June, 2016
  • June, 2015
  • June, 2014
  • June, 2013
Compensation % of Expenses Paid to Title
$488,255 3.21% Shawn Osbourne President, CEO

Highly Rated

Charity Name & State Overall Score Overall Rating
Network for Teaching Entrepreneurship (NY) 84.00 three stars
Philadelphia Futures (PA) 95.47 four stars
College Bound, St. Louis (MO) 87.83 three stars
826 Valencia (CA) 88.94 three stars
Denver Kids, Inc. (CO) 85.02 three stars

Compare These Charities (Highly Rated)

This charity has an official representative registered with Charity Navigator.

Charity Contact Info

Network for Teaching Entrepreneurship
120 Wall Street
18th Floor
New York, NY 10005
tel: (212) 232-3333
fax: (212) 232-2244
EIN: 13-3408731

Visit Web Site

Board Leadership

Michael Kacsmar
Chair

CEO

Dr. J.D. LaRock
President & CEO

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