Fiatm Group Inc
- Assets
- $150.8k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Moreno Valley, CA
- Founding
- Data as of
- 12/2022
- EIN
- 20-3278130
Organization Overview
Fiatm Group Inc is located in Moreno Valley, CA. According to its NTEE Classification (P20) the organization is classified as: Human Service Organizations, under the broad grouping of Human Services and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Fiatm Group Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2022, Fiatm Group Inc generated $78.8k in total revenue. This organization has experienced exceptional growth, as over the past 3 years, it has increased revenue by an average of 15.3% each year . All expenses for the organization totaled $170.0k during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3
BETTER THE QULAITY OF LIVES BY DEVELOPING INDIVIDUAL PROGRESS AND PERSONAL ASSISTANCETO PEOPLE WHO ARE CONSIDERED, TEEN MOTHERS, ABUSED AND AT RISK YOUTH THROUGH EDUCATIONTRAINING, MENTAL HEALTH, JOB OPPORTUNITIES AND PERSONAL DEVELOPMENT.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Yakuba Brown Founder & Chair | 40 | $58,350 | |
Danielle Brown Executive Board Member | 8 | $0 | |
Yundra Thomas Advisory Board President | 8 | $0 | |
Wayne Brown Executive Board Member | 8 | $0 | |
David J Layne COO - Executive Board Member | 8 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $69,651 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $78,849 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $21,997 |
| Salaries, other compensation, and employee benefits | $58,350 |
| Professional fees and other payments to independent contractors | $59,100 |
| Occupancy, rent, utilities, and maintenance | $21,124 |
| Printing, publications, postage, and shipping | $3,911 |
| Other expenses | $5,493 |
| Total expenses | $169,975 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $2,526 |
| Other assets | $0 |
| Total assets | $150,818 |
| Total liabilities | $56,000 |
| Net assets or fund balances | $94,818 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Fiatm Group Inc has recieved totaling $10,000.
| Awarding Organization | Amount |
|---|---|
Inland Empire Community Foundation Riverside, CA PURPOSE: Flexible operating funds to help nonprofits survive the impacts of COVID-19 | $10,000 |
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