Entrepreneurs Organization

The Entrepreneurs Organization (EO) is a global nonprofit organization that supports entrepreneurs worldwide. However, the specific details provided for the query seem to relate to a local chapter or an incorrect EIN. Therefore, this article will focus on the broader organization, while noting the discrepancy.

History

The Entrepreneurs Organization was originally founded in 1987 as the Young Entrepreneurs' Organization (YEO). It was created by Verne Harnish and a founding board of 22 entrepreneurs. Initially, YEO was designed for business owners under the age of 40. Over time, the organization expanded globally, establishing chapters in the United States, Canada, Latin America, Europe, the Middle East, Africa, and Asia. In 2005, YEO merged with the World Entrepreneurs' Organization (WEO) to form the Entrepreneurs' Organization as it is known today[1][2].

Membership

To be eligible for membership in EO, individuals must be the controlling owner of a company with annual revenues of at least one million dollars. The organization boasts over 18,000 members worldwide, spread across more than 220 chapters in over 60 countries. EO members are diverse, hailing from various industries and backgrounds, with an average age of 44[1][3].

Programs and Initiatives

EO offers several programs designed to support entrepreneurs:

• Forums: Confidential peer groups where members share experiences and advice.
• MyEO Groups: Special interest and affinity groups for members.
• Global and Regional Events: Exclusive conferences and networking opportunities.
• Executive Education: Partnerships with renowned business schools to provide advanced learning opportunities[3].

Global Entrepreneur Indicator

The Global Entrepreneur Indicator (GEI) is a semi-annual survey conducted by EO to gauge the economic outlook among its members. It tracks trends in job creation, profit margins, debt loads, and the business environment[1].

Financial Overview

As a nonprofit organization, EO's financials are primarily supported by program services, which constitute a significant portion of its revenue[5]. The organization is classified under educational institutions and professional societies, with donations being tax-deductible[5].

Conclusion

The Entrepreneurs Organization plays a significant role in fostering entrepreneurship globally by connecting business leaders, offering educational resources, and promoting growth and innovation. Its initiatives have contributed to job creation and economic development across various regions. However, the specific EIN provided does not align with the main organization, suggesting it might relate to a chapter or an incorrect identifier.