Youth Entrepreneurs Inc.

Youth Entrepreneurs Inc. General Information Contact Information Nonprofit Address Youth Entrepreneurs Inc. 6405 Metcalf Ave Suite 503 Overland Park, KS 66202 Phone (913) 749.0195 Fax 913 749.0197 Website www.youthentrepreneurs.org Facebook facebook.com/youthentrepreneurscentralregion Twitter twitter.com/yecentralregion Email katie@youthentrepreneurs.org At A Glance Youth Entrepreneurs YE Former Names How to donate, support, and volunteer Youth Entrepreneurs Kansas To donate with a check, please mail to:youth Entrepreneurs4111 E 37th St N, Ste D101Wichita, KS 67220 Phone donations and/or in-kind donations can be made by calling Priscilla McInnes at: 913.749.0195 Youth Entrepreneurs also has a variety of opportunities to volunteer your time and talents. For more detailed information, please visit our website or contact Priscilla McInnes. 1

Mission & Areas Served Statements The mission of Youth Entrepreneurs (YE) is to engender self-reliance among youth by introducing, through entrepreneurship, the values and skills necessary for them to lead successful and fulfilling lives. Foundational Values: responsibility, be principled, knowledge, freedom, passion, opportunity, sound judgement and win-win focus Background Statement Youth Entrepreneurs (YE) is a hands-on elective high school course and engaging alumni program that fosters values-based thinking, promotes positive character development, and teaches business, economics, and Principled Entrepreneurship. What students learn during YE provides a pathway to prosperity, whether that is in higher education, starting a career, or creating a business. YE began in 1991 as an eight-week program in a single classroom at North High School in Wichita, Kansas. The class eventually expanded into a yearlong, accredited course and now, more than 26 years later, YE has inspired over 21,000 high school students across the nation to greater achievement than they ever thought possible. Until 2016, YE programs were offered in Kansas, Missouri and Georgia. With a growing demand for entrepreneurship and values based education, YE is now taking its unique, hands-on education nationwide, allowing for hundreds eventually thousands more students to learn what it means to be an entrepreneur. An entrepreneurial mindset isn t just about starting a business. It s about creating value, making our lives and the lives of those around us better. We set out to ignite a passion for business education and entrepreneurship, to transform students' mindsets and reveal a path to opportunity and fulfillment they never knew existed. YE teaches students, particularly those who live in communities with fewer resources, the skills and knowledge of business ownership and the important human values that form the foundation of fulfillment. The YE approach: Empowers students with the value and vision they need to pursue prosperity. Equips students to solve problems ethically and profitably. Cultivates an entrepreneurial mindset. Creates an entrepreneurial movement through education. 2

Impact Statement Youth Entrepreneurs (YE) offers a year long elective course in high schools, and provides students and alumni with continued education through YE Academy. The curriculum is designed to improve students understanding and pursuit of business, markets and the entrepreneurial mindset that will help them prosper and become contributing members of society. YE is dedicated to continually improving the effectiveness of our programming for both students and alumni. The following highlights how YE is made an impact on the lives of students during the 2016-17 school year: Provided curriculum to 2,570 new students, and continuing education opportunities were available to over 21,000 alumni. Started year with 8 weeks of economic and business lessons leading to Market Day. Students learned and applied the basics of running a business and experienced profit as a pathway to prosperity. Results: students took home an average of $125 in earnings and an ROI of 87%. Total sales equaled $190,114 with a total net profit of $86,503. 142 students competed with their business plans at the Big Idea. 90% of YE students would recommend the class to another student 81% of YE students plan to continue to higher education 11% of the 2016-2017 class started a business by the end of the school year. Added YE programs in 6 new states During the current year, YE will serve more approximately 3,400 students in 124 schools across 10 states. Following completion of the curriculum, we expect our graduates to do one or more of the following: Seek out the knowledge required to run a business Pursue higher education Become a successful employee or business owner Needs Statement 1.Increase the number of classroom volunteers (Need 100+ annually) 2.Increase the opportunities for summer internships to our graduates (Need at least 10 annually) 3.Grow awareness of YE through Evening of Entrepreneurship and public relations efforts 4. Increase funding for the program to increase the number of YE classes and schools (Current cost of a class is approximately $40,000.) 5. Grow a strong alumni program for YE students with opportunities to access scholarships, internship opportunities, business development/growth, community service and more. CEO/Executive Director/Board Chair Statement Dear Friends of Youth Entrepreneurs, This has been a monumental year for all those connected with Youth Entrepreneurs. Over the past 12 months, we launched a new website, expanded our regions, unified nationally and entered 36 new schools. Our mission has never been more alive. The knowledge, skills and values taught in YE classrooms are real. They are applicable. They are the foundation on which students will build their future successes. But there is work yet to be done if we are to provide more students with the tools necessary to achieve their dreams. Building something big doesn't happen in a day. It takes many hands and many hearts, driven together by a single purpose. Thankfully, never have so many supporters stood with our students, ready to help them draw up their plans - to prepare them for their time to build. Together, we continue to help more students ignite passions, development their innate talents and find the path to fulfillment. And we are honored to stand by your side. Best, Elizabeth Koch, Chair of the Board Service Categories 3

Secondary & High Schools Youth Development-Business Areas of Service Areas Served Areas KS - Wyandotte County MO - Jackson County Urban Core MO 4

Programs Programs YE Classroom Experience Description Category Population Served Short-Term Success The YE class is the lifeline of our entrepreneurship program. This full-year elective class is a regular part of the student s academic day, taught by a local high school teacher which YE provides training to as well as continual professional development opprortunities. YE underscores the importance of core knowledge areas such as writing, mathematics, and public speaking. Some of the elements of the classroom experience are listed below: Students who enroll in a YE class have homework and take tests, but their capstone project is researching and writing a business plan. The business plan contains all elements of an investment-grade business plan that any banker or venture capitalist would require. Students work one-on-one or in small groups with business leaders from the community who act as volunteer business plan advisors to help them with their ideas and questions as they develop their individual plans. Student outcomes include a full feasible business plan and soft business skills. Education, General/Other Educational Programs At-Risk Populations, K-12 (5-19 years), Poor,Economically Disadvantaged,Indigent Program process is measured by: 1.Number of students enrolling in the YE class 2.The students' grade/growth they have made in the YE class 3. Their participation in the business plan competition. Each student must compete against their classmates. The top winner from each class moves onto the regional competition, and those winner then move to the state and national competitions 4. We ensure our students are not only learning, but also having fun. We also encourage our students to stay actively engaged with our Alumni Programs after they graduate from the class. Long- Term Success Youth Entrepreneurs students are taught they can take ownership of their futures and create their own pathways out of poverty. YE strives to provide youth with the educational opportunities and support systems they need to become knowledgeable about the world in which they live and add value to their communities. Our vision is to develop a passion in all students to strive for success in both the marketplace and life. We encourage our students to reach their full potential. We do this by stimulating economic thinking skills; encouraging creative, intelligent risktaking; providing practical business experience, and instilling independence and personal responsibility. The result of the YE experience is a more productive member of society who makes their life and the lives of others in our community better. 5

Program Success Monitored By Examples of Program Success We have a pre- and post-test. The pre-test gauges their entrepreneurial knowledge before the class begins and post-test shows us what our students learned during the class. New for the 2017-18 school year is the incorporation of an entrepreneurial index score which will utilize the Likert scale to measure change in students' soft skills, business readiness, knowledge of YE's foundational values, etc. from the beginning to the end of the course. We also periodically measure long-term impact of the program by surveying our alumni. The last comprehensive alumni survey was during 2016. 91% of students said that YE improved their understanding of entrepreneurship. 85% of students reported feeling comfortable meeting new people, attending business events, networking, and sharing their ideas with business professionals after attending the class. 29% of alumni reported they have started a business, and 38% of those have hired employees. (Nationally only 0.3% of employed people ages 20-24 run their own incorporated businesses.) 99% of YE alumni reported that they graduated from high school. 80% of alumni reported that they have completed high education. "Something YE taught me is that although I wasn't born with every resource at my fingertips, I can still achieve my dreams." 6

Wholesale Field Trip Market Day Experience Description Category Highlights of the YE year are the wholesale trip and market day at each YE high school. Offering a classic lesson in buying at wholesale and selling for retail, this activity is one of the largest recruiters for future YE students. With the activity, each student must create a mini-business plan and bid for venture capital funding ($10-$300) from YE. Students are encouraged to partner with two or three other students in his or her class to create a team. Prior to the field trip, each team decides on an item or items to sell. Most teams select lunch items such as pizza or Mexican food, but others have sold hand-made jewelry, or even taken orders for made-from-scratch pies. Once the teams are ready, they go on their wholesale field trip. The day begins with a visit to a manufacturing business where they are taken on a guided tour of the facility and are exposed to what goes on behind the scenes to produce a product. They then eat lunch at locally owned restaurant where the owner talks about restaurant or franchise "ownership." They end the day at a wholesale club such as Sam's or Costco, where they purchase the supplies needed for the upcoming Market Day. Market Day typically takes place over the lunch hour at each school, and students must effectively market their product so they can pay back their venture capital funds and then keep any profit. An average team profits $100- $600. Education, General/Other Education, General/Other Population Served Adolescents Only (13-19 years),, Short-Term Success Long- Term Success Program Success Monitored By This wholesale/retail lesson provides a wealth of knowledge for the students: market research techniques, how to figure pricing, marketing their product, understanding the cost of goods sold, and how to calculate return on investment. YE instructors use this business for a day project to build on as the students prepare their in-depth business plans. The culminating project for each YE student is researching and writing a business plan. One of the most important goals of this project is teach our students how to make a profit. The easiest way to show them is through hands on learning. Another goal of this project is to encourage healthy competition among our students. They learn the harder they are willing to work, the bigger profit they can make. The long term success would be future enrollment of the class. This is our most popular activity and is our largest recruiter for future enrollment. We also want our students to understand the concepts of different types of business structures and the basics of profit as they enter the workforce. We survey all of our students at the end of the year to measure their satisfaction and measure of value out of each activity. The most important measure of our success would be how many students make a profit. If YE receives the venture capital back from each of our students after the lesson, the more successful we are at teaching our students the importance of a return on investment. The other evaluative lesson through the classroom setting is how well the students perform in the business plan competition. Each of our sites has their own classroom competition, and the top winner from each school later move on to regional, state and national competitions. 7

Examples of Program Success A successful Wholesale Field Trip results in a real time understanding of the manufacturing process, supply chains, cost of goods, etc. This experience helps students realize the importance of research and educated decision-making when they work to create and execute their business on Market Day. A successful Market Day results in good revenue achieved by making wise decisions based on market research and demand. Students learn a great deal these two days and are able to apply this learning in their own individual business plan creation in the second semester. This year, the average student took home $125 each after Market Day. This is a great incentive to continue to prosper and learn how to make money on your own without the support of government assistance. Thus, propelling students out of the poverty cycle. Dare to Dream Description Category YE hosts Dare to Dream, an annual one-day educational workshop that brings students together during the fall semester for a day of motivation and business skills development. A national speaker/ entrepreneur provides a keynote speech, and breakouts provide hands-on workshops in financial literacy activities, free-enterprise markets, marketing and branding, structured networking/interpersonal skills and other business skills development. Education, General/Other Population Served Adolescents Only (13-19 years),, Short-Term Success Long- Term Success Program Success Monitored By Examples of Program Success 90% of students will respond on the post-survey that Dare to Dream provided value for them. To inspire 350 students to dream about what's possible for them. In addition, to learn the soft skills of business such as business etiquette at a business luncheon, networking and public speaking, as well as personal finance and budgeting. We administer a post-survey to all students following the workshop measuring satisfaction and value received. 94% of students responded on the 2015 survey that Dare to Dream created value for them. Two students received scholarships to attend Usher's New Look Camp. 93% of students reported better confidence when using networking skills and table manners. 8

YE Academy Description Category Alumni are invited to participate in YE Academy, an ongoing, continued education and application program designed to take students' knowledge and ideas to the next level. YE alumni can participate in local summer internship opportunities. Partnering companies give students specific goalbased projects that involve solving a current pain or opportunity for the partnering organization. YE Academy also provides a vehicle to provide post-secondary education information, career exploration, deeper financial analysis, a variety of business leadership and management skills, the opportunity to shadow entrepreneurs, pitch to investors, tour businesses and participate in extracurricular courses teaching advanced business and economic skills. Launched in 2012, YE believes this focus on students who demonstrate interest in taking their future to the next level will create an even greater measurable impact to the community. Education, General/Other Afterschool Enrichment Population Served Adolescents Only (13-19 years),, Short-Term Success Long- Term Success Program Success Monitored By Examples of Program Success On a case by case basis, YE determines success based on the individual s goals and future prospectus. Attending higher education, launching a business or maintaining employment are short-term and longterm successes. As a result of YE Academy, YE alumni will be acutely engaged with the organization, their communities and general decision-making. Alumni are gaining in-depth knowledge in areas like economics, specific business operations and connecting with community leaders in various industries. For alumni participating in YE Academy, YE strives to achieve 100% mind-set transformation. This means alumni have furthered their education, are gainfully employed and adding value to the company for their employer or have successfully launched a legitimate business. This program is monitored according to how many alumni participants we have in each area. YE also tracks which events are most helpful and popular so we can fine-tune offerings. One example of success for the YE Academy program is from a student who attended high school in Kansas City, KS. She aspired to be a first generation college graduate. Upon high school graduation, she was accepted in the business program at UMKC. She quickly realized the difficulties of public transportation from Kansas City, Kansas to UMKC. She has accumulated the maximum YE Academy points and proposed to YE staff that using them toward a vehicle would help her focus on her education rather than the transportation obstacle to get there and back in a reasonable time frame. This student has remained and excelled at UMKC and has stayed connected to YE through continued participation in YE Academy. CEO Comments YE teaches the art of survival through an entrepreneurial process. The students that have the opportunity to participate in YE will experience success in their personal lives, as entrepreneurs or entrepreneurial employees. 9

Leadership & Staff Executive Director/CEO Executive Director Term Start Nov 2016 Email Experience Mrs. Ashley Scheideman ashley@youthentrepreneurs.org Ashley is a native Kansan, growing up in the small town of Maize. She graduated from Friends University with a Bachelor of Science in Political Science/History, and then earned a Master s of Arts in Public and American History from Wichita State University, and a MBA from Friends University. Prior to joining Youth Entrepreneurs in September 2015, Ashley spent nearly ten years with Make-A-Wish Kansas, first as Program Director and then as Executive Director, granting over 600 wishes for children with life-threatening medical conditions. She is active in her community, has served on the boards of Friends University Alumni Association and Old Town Association, and was selected for the Wichita Business Journal s 40 Under 40 class of 2012. Ashley s husband, Derek, is a Production Planner with Supply Chain Cooked Meats for Cargill. They have one wonderful daughter, Quinn, age seven, and enjoy golfing, spending time with friends, and being outdoors. Former CEOs Name Term Mrs. Shelly Chenoweth July 1998 - Aug 2007 Ms. Kylie Stupka Sept 2007 - Sept 2015 Senior Staff Mrs. Kylie Stupka Title President 10

Experience/Biography Kylie Stupka obtained her Bachelor of Science degree in Accounting from Kansas State University in December of 1994. Upon graduation from KSU she accepted a position with Baird, Kurtz & Dobson, a CPA and advisory services firm (currently know as BKD, LLP) as staff accountant. Throughout her ten years with BKD Kylie performed attestation services for not-for-profit organizations, financial institutions and manufacturing companies. At BKD, Kylie was also the recruiting director responsible for recruiting and retaining talent to the Wichita area. She ended her career with BKD as a Manager and Not-For-Profit Industry Team Leader specializing in attestation and consulting service for not-for-profit and membership organizations. From BKD, Kylie joined the staff of the Greater Wichita Convention & Visitors Bureau (GWCVB) as the Director of Finance and Administration. Most recently, Kylie accepted the position of President of Youth Entrepreneurs where she is leading expansion efforts across the nation. Kylie has served as the Treasurer of the Board of Directors of the historic Orpheum Theatre and Treasurer of the Board of Directors of the Cedar Lakes Homeowners Association. She is a member of the Kansas and American Society of CPAs and is currently acting Director for the Crescent Lakes Homeowners Association and serves in various speaking roles for the WSU Barton School of Business. She remains active in her community and has been a United Way Young Leader, has served as team captain for the Big Brothers, Big Sisters Bowl for Kids Sake, for the Multiple Sclerosis Society s MS Walk, and for the Susan B. Komen Foundation Race for the Cure. She and her family are active members of the Reformation Lutheran Church. In 2007, Kylie was selected for the Wichita Metro Chamber of Commerce s 25th anniversary class of Leadership Wichita and the 10th anniversary Wichita Business Journal s 40 Under 40 class. Kylie is married to Dustan Stupka. They have three boys. Mrs. Phoebe Bachura Title Experience/Biography VP of Development Phoebe earned a Bachelor of Science in Marketing/International Business from Kansas State University. Prior to joining YE, she worked for six years as a consultant at The Austin Peters Group, Inc., a consulting firm specializing in fundraising and human resources for public and nonprofit agencies. During her time at YE, she has served as the Development Director, Executive Director, and most recently the VP of Development where she leads the fundraising efforts across the nation. She is active in her community, and has served on the Board of Directors for The Association of Fundraising Professionals, chair of the 2007 National Philanthropy Day Committee, a member of the Leadership Committee for the Nonprofit Chamber of Service, and the Junior League of Wichita. She is also a member of the Central Exchange in Kansas City. 11

Mrs. Priscilla McInnes Title Experience/Biography Area Director Priscilla McInnes has been a part of the YE staff since 2005 as YE's Northeast Region Director, which includes, Topeka, Kansas City, Kansas and Independence, Missouri. Most recently, Priscilla accepted the position of Area Director to help lead our expansion efforts in the greater Kansas City area, Topeka, St. Louis and across Missouri. Priscilla previously worked for a non-profit organization called The Local Investment Commission. Her role there was to work in conjunction with the Kansas City Missouri Public Schools as a Site Coordinator. Prior to that, she taught second grade for four years in Omaha, Nebraska and Liberty, Missouri. Priscilla was born and raised in Omaha, Nebraska which is where much of her family still resides. She attended the University of Nebraska where she received both her Undergraduate and Graduate degrees in Education. She currently lives in Overland Park, Kansas. Priscilla keeps active by running, spending time with friends (near and far!), and visiting family in Omaha. She enjoys traveling which will fits well with her new role. Staff Paid Full-Time Staff 55 Paid Part- Time Staff 4 Volunteers 300 Retention Rate 78% Paid Contractors 2 Formal Evaluations CEO Formal Evaluation CEO/Executive Formal Evaluation Frequency Senior Management Formal Evaluation Senior Management Formal Evaluation Frequency NonManagement Formal Evaluation Non Management Formal Evaluation Frequency Quarterly Annually Annually Plans & Policies Organization Has a Fundraising Plan Organization Has a Strategic Plan Management Succession Plan Organization Policy and Procedures Nondiscrimination Policy Whistleblower Policy Document Destruction Policy Under Development No 12

Collaborations YE locations in the KC metro area: African Centered College Preparatory Academy All Things Independence Bishop Ward High School F.L. Schlagle High School Hogan Preparatory Academy J.C. Harmon High School Washington High School Wyandotte High School Truman High School Van Horn High School William Chrisman High School University Academy Center Alternative School. YE now has a presence in approximately 124 schools across 10 states for the 2017-18 academic year. Awards Awards Award/Recognition Organization Year Teacher of the Year - Leslie Brown (Wyandotte High School) Entrepreneur of the Year - Abagail Lewis (Kapaun Mt. Caramel) National Foundation for Teaching Entrepreneurship (NFTE) 13 2007 NFTE 2007 Program of the Year NFTE 2006 $10,000 National Business Plan Competition Winner - Abagail Lewis (Kaupan) Teacher of the Year - Matthew DeVries (Kaupaun) Teacher of the Year - Cheryl Batchellor (Clearwater High School) Teacher of the Year - Lisa Yoder (Newton High School) Student of the Year - Takirah Carter (J.C. Harmon High School) National Business Plan Competition Finalist - Cassondra Sapata-Smith (Topeka High School) National Business Plan Competition Finalist - Kayla Claphan (Campus High School) National Business Plan Competition Finalist - Danielle Stegall (F.L. Schlagle High School) NFTE 2006 NFTE 2006 NFTE 2009 NFTE 2010 NFTE 2010 NFTE 2009 NFTE 2010 NFTE 2011 Teacher of the Year/Janet Hartley NFTE 2012 National Business Plan Competition Finalist/ Cale Morrow (Garden City High School) National Business Plan Competition Finalist / Natalie Lash (Wichita East High School) NFTE 2012 NFTE 2012

Government Licenses Is your organization licensed by the government? No CEO Comments YE recognizes the need for increased brand recognition and is continually establishing new connections and partnerships to raise awareness about the program and the impact it makes on the community. Changes to education standards and other regulations continue to push YE to innovate curriculum and provide new methods of delivery. For example, changing food regulations created a need for us to adapt our experiential Market Day activities. We also strive to coordinate our curriculum and the school district core standards by making adjustments in scheduling and overlaying other classes like economics, applied business development or business marketing. YE spends a substantial amount of resources, both time and human capital, on transportation as many students struggle with finding a reliable source to attend YE learning opportunities occurring outside the class period. YE continually works with students, teachers, our bus company and all YE staff to safely and reliably transport students. Additionally, YE strives to reach as many students as possible. Growing the number of schools is both challenging and full of exciting possibilities as we work to grow the program across the nation. 14

Board & Governance Board Chair Board Chair Mrs. Elizabeth B. Koch Company Affiliation Koch Industries Term Aug 1996 to July 2018 Email WilliamR@kochind.com Board Members Name Mrs. Tracey Andrist Mr. Brennan Brown Mr. Curley Dossman Jr. Mr. Philip Ellender Mr. Dale Gibbens Mr. W.W. (Bill) Hanna Mr. Robert Heaton Mrs. Elizabeth B. Koch Mrs. Annie Koch Mr. Marty Kwedar Mr. Brian Menkes Mr. Leslie Rudd Mrs. Kylie Stupka Affiliation Youth Entrepreneurs Charles Koch Foundation Georgia Pacific Foundations Koch Companies Public Sector, LLC Koch Industries Retired - Koch Industries Freedom Partners Koch Industries Community Volunteer Charles Koch Foundation Koch Companies Public Sector, LLC LRICo Youth Entrepreneurs Board Demographics - Ethnicity African American/Black 0 Asian American/Pacific Islander 0 Caucasian 13 Hispanic/Latino 0 Native American/American Indian 0 Other 0 Board Demographics - Gender Male 9 Female 4 Unspecified 0 Governance Board Term Lengths 3 15

Board Term Limits 2 Board Meeting Attendance % 76% Written Board Selection Criteria? Written Conflict of Interest Policy? No Percentage Making Monetary Contributions 100% Percentage Making In-Kind Contributions 56% Constituency Includes Client Representation Number of Full Board Meetings Annually 2 Standing Committees Audit Development / Fund Development / Fund Raising / Grant Writing / Major Gifts Nominating CEO Comments Elizabeth Koch, our founder, has been the chairman of our board since day one. She is committed to exploring new opportunities and addressing challenges as we work to expand across the nation. Advisory Board Members Name Mr. Ben Anderson Ms. Molly Breitenbach Mr. Eric Buer Mr. Jason Carlstedt Mr. Barrett Evans Mr. Kyle Holt Mrs. Betsy Johnson Mr. J.C. Knapp Mr. Eric McCurley Mr, Matt Priorier Mr. Tony Richardson Affiliation CBIZ BKD TRADEBOT Systems Ernst & Young Kansas City Business Solutions, LLC U, Inc. SwimZip LPL Financial Marsh & McLennan Agency Tradebot Lockton Companies 16

Financials Fiscal Year Fiscal Year Start June 01, 2017 Fiscal Year End May 31, 2018 Projected Revenue $10,350,888.00 Projected Expenses $10,194,737.00 Endowment Value $0.00 Percentage 0% Detailed Financials Revenue and Expenses Fiscal Year 2016 2015 2014 Total Revenue $3,227,298 $2,167,905 $2,012,629 Total Expenses $2,791,780 $2,255,023 $2,096,581 Revenue Sources Fiscal Year 2016 2015 2014 Foundation and Corporation $2,840,914 $1,394,077 $1,682,157 Contributions Government Contributions $0 $0 $0 Federal -- -- -- State -- -- -- Local -- -- -- Unspecified $0 $0 $0 Individual Contributions -- -- -- Indirect Public Support $0 $0 $0 Earned Revenue $85,080 $82,256 $82,741 Investment Income, Net of Losses $787 $30 $2,620 Membership Dues $0 $0 $0 Special Events $293,515 $582,561 $242,664 Revenue In-Kind $1,130 $104,158 $2,434 Other $5,872 $4,823 $13 17

Expense Allocation Fiscal Year 2016 2015 2014 Program Expense $2,242,126 $1,743,269 $1,665,046 Administration Expense $105,554 $128,179 $74,060 Fundraising Expense $444,100 $383,575 $357,475 Payments to Affiliates -- -- -- Total Revenue/Total Expenses 1.16 0.96 0.96 Program Expense/Total Expenses 80% 77% 79% Fundraising Expense/Contributed Revenue 14% 19% 19% Assets and Liabilities Fiscal Year 2016 2015 2014 Total Assets $2,129,709 $1,522,095 $1,571,527 Current Assets $1,953,066 $1,411,004 $1,410,691 Long-Term Liabilities $0 $0 $0 Current Liabilities $493,541 $321,380 $283,499 Total Net Assets $1,636,168 $1,200,715 $1,288,028 Short Term Solvency Fiscal Year 2016 2015 2014 Current Ratio: Current Assets/Current Liabilities 3.96 4.39 4.98 Long Term Solvency Fiscal Year 2016 2015 2014 Long-Term Liabilities/Total Assets 0% 0% 0% Top Funding Sources Fiscal Year 2016 2015 2014 Top Funding Source & Dollar Amount Koch Industries $1,588,186 -- -- Second Highest Funding Source & Dollar Fred C. and Mary R. -- -- Amount Koch Foundation $500,000 Third Highest Funding Source & Dollar Amount Anonymous $200,000 -- -- Capital Campaign Currently in a Capital Campaign? No Goal $0.00 Capital Campaign Anticipated in Next 5 Years? No Foundation Comments FYE 5/31/2016, 2015, 2014: Financial data reported using the IRS Form 990. Foundation/Corporation revenue line may include contributions from individuals. Created 04.23.2018. Copyright 2018 Greater Kansas City Community Foundation 18