Delaware Financial Education Allian
- Assets
- $619.5k
- Revenue
- $568.0k
- Investments
- $0.0
- Employees
- 0
- Location
- Dover, DE
- Founding
- 12/1984
- Data as of
- 05/2022
- EIN
- 22-2549908
Organization Overview
Delaware Financial Education Allian is located in Dover, DE. The organization was established in 1984. According to its NTEE Classification (W60) the organization is classified as: Financial Institutions, under the broad grouping of Public & Societal Benefit and related organizations. This organization is an itermediate organization (such as a geographic headquarters) for a national or regional group of organizations. Delaware Financial Education Allian 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 05/2022, Delaware Financial Education Allian generated $568.0k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 0.9% each year. All expenses for the organization totaled $480.6k during the year ending 05/2022. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
TO PROVIDE FINANCIAL LITERACY TRAINING DESIGNED FOR AND TARGETED TO PERSONS OF LOW AND MODERATE INCOME IN THE STATE OF DELAWARE THROUGH A VARIETY OF EDUCATIONAL PROGRAMS AND TO PROVIDE QUALITY TRAINING PROGRAMS TO EMPLOYEES OF MEMBER BANKS IN THE FINANCIAL SERVICES INDUSTRY IN DELAWARE.
Describe the Organization's Program Activity:
Part 3 - Line 4a
TO PROVIDE FINANCIAL LITERACY TRAINING DESIGNED FOR AND TARGETED TO PERSONS OF LOW AND MODERATE INCOME IN THE STATE OF DELAWARE THROUGH A VARIETY OF EDUCATIONAL PROGRAMS AND TO PROVIDE QUALITY TRAINING PROGRAMS TO EMPLOYEES OF MEMBER BANKS IN THE FINANCIAL SERVICES INDUSTRY IN DELAWARE.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Joe Westcott Past Chair | OfficerTrustee | 0.5 | $0 |
Dominic C Canuso Chair-Elect | OfficerTrustee | 0.5 | $0 |
Thomas M Forrest Chair | OfficerTrustee | 0.5 | $0 |
Tarrie Miller Director-At-Large | OfficerTrustee | 0.5 | $0 |
Matthew Parks Director-At-Large | OfficerTrustee | 0.5 | $0 |
Sarah A Long President, CEO & Treasurer | Officer | 14 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $85,041 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $85,041 |
| Total Program Service Revenue | $481,701 |
| Investment income | $1,271 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $568,013 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $2,000 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $278,040 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $13,293 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $3,629 |
| Information technology | $6,718 |
| Royalties | $0 |
| Occupancy | $10,630 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $84,691 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $0 |
| All other expenses | $9,961 |
| Total functional expenses | $480,591 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $45,877 |
| Savings and temporary cash investments | $509,640 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $37,178 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $26,824 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $619,519 |
| Accounts payable and accrued expenses | $4,098 |
| Grants payable | $0 |
| Deferred revenue | $64,519 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $68,617 |
| Net assets without donor restrictions | $530,435 |
| Net assets with donor restrictions | $20,467 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $619,519 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Delaware Financial Education Allian has recieved totaling $21.
| Awarding Organization | Amount |
|---|---|
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $21 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Accesslex Institute West Chester, PA | $2,183,370,969 | $71,548,007 |
Pheaa Student Loan Foundation Inc Harrisburg, PA | $2,204,662,034 | $55,394,256 |
Opportunity Finance Network Philadelphia, PA | $225,364,675 | $52,021,160 |
Anabaptist Financial Lewisburg, PA | $625,930,441 | $18,548,671 |
Friends Fiduciary Corporation Philadelphia, PA | $693,443,242 | $5,444,683 |
True Access Capital Corporation Wilmington, DE | $20,176,608 | $8,295,807 |
Credit Research Foundation Inc Westminster, MD | $1,367,248 | $1,087,744 |
The Landmarks Financial Corporation Pittsburgh, PA | $163,255,408 | $14,945,748 |
Neighborhood Housing Services Inc Pittsburgh, PA | $781,954 | $468,091 |
Wistar Institute Ud Gen Fd 01626 00 Pittsburgh, PA | $11,726,420 | $671,349 |
Samuel Martha & Mabel Sledd Fdnnun-Discretionary Trust Pittsburgh, PA | $11,647,753 | $126,425 |
Delaware Financial Education Allian Dover, DE | $619,519 | $568,013 |