THE SOCIETY OF ENTREPRENEURS INC Charity Report

Public IRS 990 nonprofit record

THE SOCIETY OF ENTREPRENEURS INC

EIN 62-1626301 · Business & Industry (S40)

What they do

THE SOCIETY of ENTREPRENEURS WAS FOUNDED to FOSTER THE DEVELOPMENT of THE ENTREPRENEURIAL SPIRIT and to RECOGNIZE THE CONTRIBUTION of ENTREPRENEURS to BUSINESS and THE COMMUNITY. THE ORGANIZATIONS PURPOSE is to PROMOTE THE GENERAL WELFARE of THE COMMUNITY, to FURTHER THE PUBLIC GOOD and to FURTHER EDUCATION IN TENNESSEE THROUGH THE CREATION, DEVELOPMENT and IMPLEMENTATION of VARIOUS COMMUNITY PROGRAMS WHICH RECOGNIZE and ENCOURAGE THE EFFORTS of ENTREPRENEURS IN BUSINESS and THE LOCAL, NATIONAL and INTERNATIONAL COMMUNITY.

Before you give

Should I give to this charity?

Easy charity check

The spending raises an important question

Of every $100 spent, about $19.10 was reported for mission work and $6.60 for fundraising. Understand this before you give.

Plain answer: A tax form cannot prove that a charity is doing good. It can show how the charity says it spent its money—and point out questions you should ask.

Basic facts we verified

IRS warning checkNo IRS revocation warning appears in this data.

Money report from 2025The charity has a recent tax report to read.

They explain their jobThe charity tells us what it is trying to do.

They name their leaders16 people are listed in the latest report.

You can reach themThey list contact information, so you can ask questions.

Money made simple

22.12%of revenue went to mission work19.1% of expenses · Program services

7.65%of revenue went to fundraising6.6% of expenses

$116.04spent for every $100 of revenueSpending was higher than revenue this year.

86.27%of revenue went to management and office costs74.3% of expenses

$1.75in assets for every $1 spent this yearSome assets cannot be spent right away.

101.3%of its money came from giftsOther money may come from services or investments.

Ask these three easy questions

Who did you help? Ask for a recent story or report that shows real results.
What will my money do? Ask exactly what your gift will pay for.
Is this really the charity? Give only through its official website or confirmed phone number.

Worth asking: Expenses exceeded revenue by $24,158 this year. Ask whether that was planned or caused by a one-time event.

Pay context: The highest compensation shown in this filing is $106,000 for PEARSON CRUTCHER (EXECUTIVE DIRECTOR). Compare pay with organizations of similar size and complexity.

Bottom line: Do not decide from a name, mission statement, or tax status alone. Look at where the money went, then ask what changed, who was helped, and what your gift will do. YouCanGiveBack does not endorse or grade organizations.

Money

Financial picture

Tax year 2025

A plain-language look at the latest Form 990 figures available. These numbers help you ask better questions; they do not, by themselves, rate whether a charity is good or bad.

$100revenue

How each $100 of revenue was used

The large number compares each expense with revenue. The smaller number shows its share of total expenses.

Total reported revenue$150,637

Mission workProgram services$33,31622.12% of revenue19.1% of expenses

ManagementOffice and general costs$129,95286.27% of revenue74.3% of expenses

FundraisingAsking for donations$11,5277.65% of revenue6.6% of expenses

Total expenses$174,795116.04% of revenue

Expenses were greater than revenue, so the colored ring fills the available $100 and the total above 100% is shown below.

Pause before giving. This filing reports that 6.6% of spending went to fundraising and 19.1% went to mission work. Ask the charity to explain these numbers and show recent results.

Has the pattern changed?

Colored bars = expense mix: how each year’s expenses were divided. Total expenses vs. revenue shows whether the charity spent less or more than it received. The current filing is first.

YearExpense mixDetails

2025CurrentExpense mix: 19.1% mission · 74.3% management · 6.6% fundraisingTotal expenses: 116.04% of revenue

2024Expense mix: 23.3% mission · 70.6% management · 6.1% fundraisingTotal expenses: 141.57% of revenue

2023Expense mix: 18.4% mission · 75.7% management · 5.9% fundraisingTotal expenses: 192.93% of revenue

2022Expense mix: 24.6% mission · 69.3% management · 6.2% fundraisingTotal expenses: 41.59% of revenue

2021Expense mix: 21.0% mission · 72.0% management · 7.1% fundraisingTotal expenses: 120.82% of revenue

2020Expense mix: 21.7% mission · 71.6% management · 6.7% fundraisingTotal expenses: 89.87% of revenue

2019Expense mix: 31.8% mission · 62.8% management · 5.4% fundraisingTotal expenses: 105.51% of revenue

2018Expense mix: 30.0% mission · 56.7% management · 13.3% fundraisingTotal expenses: 76.58% of revenue

Money in and money out

Revenue$150,637

Expenses$174,795

Annual shortfall $24,158 Expenses were higher than revenue for this filing year.

Reported spending amounts

Mission work means the Form 990 category called program services. These are reported accounting categories—not an independent measurement of results.

Mission work (program services)$33,316 · 19.1% of expenses

Management and office costs$129,952 · 74.3% of expenses

Fundraising$11,527 · 6.6% of expenses

See all reported dollar amounts

Revenue$150,637

Expenses$174,795

Assets$306,740

Income$242,006

Contributions$152,650

Mission work (program services)$33,316

Fundraising$11,527

Grants given$83,000

Average grant$5,929

Management and general$129,952

Accounting fees$8,084

People

Leadership and board

Tax year 2025

Names, titles, time, and compensation below are reported by the organization on its Form 990.

People reported as paid

Person and titleCompensation

PEARSON CRUTCHEREXECUTIVE DIRECTOR · 40 hrs/week $106,000

Compensation alone does not tell whether pay is reasonable. Consider the charity’s size, work, location, and results.

See everyone listed on the board or leadership roster (16)

PEARSON CRUTCHEREXECUTIVE DIRECTOR

CHRIS BIRDBOARD MEMBER

DAVID ANDREWSBOARD MEMBER

DENISE STEWARTBOARD MEMBER

DOUG MARCHANTPRESIDENT

DR MARY MCDONALDBOARD MEMBER

DUNCAN WILLIAMSPRESIDENT-ELECT

EDITH KELLY-GREENBOARD MEMBER

GARY DODSONBOARD MEMBER

JEFF WEBBBOARD MEMBER

KAREN BLOCKMAN CARRIERBOARD MEMBER

KENT RITCHEYSECRETARY/TREASURER

PAT LAWLERBOARD MEMBER

PATTI PHELPSBOARD MEMBER

RANDY STEPHERSONBOARD MEMBER

RON COLEMANBOARD MEMBER

About this charity

Recognized since: January 1997
Location: PO BOX 770839, MEMPHIS, TN 38177-0839
County: Shelby
In care of: % ELLEN R ROLFES
Primary officer: PEARSON CRUTCHER, EXECUTIVE DIRECTOR

How to reach them

WebsiteVisit the charity’s website Phone(901) 299-9589 Officer phone(901) 682-9920

Filing and classification

Latest tax year: 2025
Tax period began: January 1, 2025
Return type: 990
Tax preparer: THE MARSTON GROUP PLC
NTEE classification: Business & Industry (S40)
IRS tax category: Business & Industry
Grant-giving organization: Yes