Financial Security Solutions is located in Fletcher, NC. The organization was established in 2008. According to its NTEE Classification (P51) the organization is classified as: Financial Counseling, 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. Financial Security Solutions 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 12/2021, Financial Security Solutions generated $66.2k in total revenue. The organization has seen a slow decline revenue. Over the past 5 years, revenues have fallen by an average of (2.6%) each year. All expenses for the organization totaled $68.5k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (3.8%) per year over the past 5 years. 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
2021
Describe the Organization's Program Activity:
Part 3
REPRESENTATIVE PAYEE SERVICES FOR OVER 100 CLIENTS
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Timothy Melton President | 20 | $11,659 | |
Shannon Gosnell Operations Mananger | 60 | $10,074 | |
Timothy Dove Trustee | 0 | $0 | |
Jeffrey Mckinney Trustee | 0 | $0 |
Statement of Revenue | |
---|---|
Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
Total Program Service Revenue | $66,234 |
Membership dues | $0 |
Investment income | $0 |
Gain or Loss | $0 |
Net Income from Gaming & Fundraising | $0 |
Other Revenue | $0 |
Total Revenue | $66,234 |
Statement of Expenses | |
---|---|
Grants and similar amounts paid | $0 |
Benefits paid to or for members | $0 |
Salaries, other compensation, and employee benefits | $26,919 |
Professional fees and other payments to independent contractors | $9,192 |
Occupancy, rent, utilities, and maintenance | $18,135 |
Printing, publications, postage, and shipping | $2,182 |
Other expenses | $12,040 |
Total expenses | $68,468 |
Balance Sheet | |
---|---|
Cash, savings, and investments | $1,089 |
Other assets | $0 |
Total assets | $1,089 |
Total liabilities | $0 |
Net assets or fund balances | $1,089 |
Organization Name | Assets | Revenue |
---|---|---|
Consumer Education Services Inc Raleigh, NC | $23,360,630 | $7,529,671 |
Housing Consultants Group Greensboro, NC | $1,106,215 | $2,683,425 |
Motley Fool Foundation Alexandria, VA | $13,206,539 | $15,812,396 |
Financial Pathways Of The Piedmont Inc Winstonsalem, NC | $1,642,751 | $1,849,365 |
Consumer Credit Counseling Service Of Western North Carolina Inc Asheville, NC | $2,015,987 | $1,072,793 |
Consumer Credit Insurance Association Rocky Mount, NC | $1,066,199 | $942,381 |
American Financial Education Alliance Charlotte, NC | $225,082 | $614,339 |
D&e A Financial Education And Training Institute Inc East Point, GA | $953,735 | $847,505 |
Level Up 700 Incorporated Atlanta, GA | $69,929 | $257,513 |
Consumer Credit Counseling Service Of The Savannah Area Inc Savannah, GA | $1,147,306 | $564,336 |
Increasing H O P E North Charleston, SC | $127,870 | $448,680 |
Grace-Mar Services Inc Charlotte, NC | $1,536,970 | $652,234 |